Arena Capital Fx is a CFD broker officially registered on November 25, 2023. This broker primarily offers users a wide range of trading markets through the MT5 trading platform and its corresponding mobile application, including forex, commodities, stocks, indices, bonds, cryptocurrencies, and more.
Company Registration Information and Regulatory Status:
Public information on the Arena Capital Fx official website shows that it has two corporate entities, Arena Capital Fx UK plc and Arena Capital Fx German GmbH, both of which are regulated.
Upon verification, the Financial Conduct Authority (FCA) website does not have a regulated entity named Arena Capital Fx UK plc, and the Federal Financial Supervisory Authority (BaFin) of Germany also does not list a corporate entity named Arena Capital Fx German GmbH.
Therefore, Arena Capital Fx is a broker website suspected of false advertising and lacking any regulation.
Opening an Account:
To open an account with Arena Capital Fx: Visit the broker's homepage, click on "Start Trading" or "Open Account" at the top right corner of the webpage to enter the account registration page, fill in personal information such as name, email address, telephone number, and set a login password to submit. Once approved, the account will be successfully registered.
Trading Accounts:
Arena Capital Fx offers four different types of trading accounts: MICRO, MINI, PREMIUM, and SUPER PREMIUM.
MICRO:
- Minimum initial deposit: $100
- Spread: 1.7 pips
- Minimum trade volume: 0.01 lots
- Trading commission: None
- Trading leverage: 1:400
- Margin call level: 50%
- Stop out level: 30%
- EA allowed: No
- Swap charges: Yes
MINI:
- Minimum initial deposit: $500
- Spread: 1.5 pips
- Minimum trade volume: 0.01 lots
- Trading commission: None
- Trading leverage: 1:500
- Margin call level: 50%
- Stop out level: 30%
- EA allowed: No
- Swap charges: Yes
PREMIUM:
- Minimum initial deposit: $2000
- Spread: 1 pip
- Minimum trade volume: 0.01 lots
- Trading commission: None
- Trading leverage: 1:1000
- Margin call level: 50%
- Stop out level: 30%
- EA allowed: Yes
- Swap charges: Yes
SUPER PREMIUM:
- Minimum initial deposit: $5000
- Spread: 0.3 pips
- Minimum trade volume: 0.01 lots
- Trading commission: None
- Trading leverage: 1:2000
- Margin call level: 50%
- Stop out level: 30%
- EA allowed: Yes
- Swap charges: Yes
Trading Platform:
Arena Capital Fx claims to offer the MT5 trading platform to its users, but it does not provide any related download links, and the broker named Arena Capital Fx cannot be found on the MT5 platform.
Deposits and Withdrawals:
For deposits, Arena Capital Fx does not accept third-party payments; for withdrawals, users can opt for methods like bank wire transfer, credit/debit cards, Visa, MasterCard, Paypal, Neteller, Skrill, etc.
Summary:
Traderknows reminds investors that Arena Capital Fx is essentially a suspected fraudulent broker website that engages in false advertising and operates without any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for their trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
