ArgusFX Review 2024
Regulation:
  • CySEC

ArgusFX Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of ArgusFX Trading Company

ArgusFX has become a scammer. This company has ceased to fulfill its obligations to customers and partners, and has stopped making payouts.

Geographic Distribution of ArgusFX Traders

Popularity in

23.07%
FR
France
14.36%
GB
United Kingdom
13.79%
NL
Netherlands
11.4%
CY
Cyprus
10.06%
SE
Sweden
10.02%
DE
Germany
9.54%
ID
Indonesia
8.65%
US
United States
6.01%
SA
Saudi Arabia
4.36%
VN
Vietnam
10.74%
Others
Others

User Satisfaction i

6 comments
Total score:
2.7 /10

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GeorgeFugs
1 year ago

They pay a penny and once a month, block for no reason and do not want to unblock the account. Technical support is constantly silent, answers only with standard phrases and not even on the topic of the question. My advice to you is don't waste your time like I did.

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trinayg60
1 year ago

If your account has been blocked, know this forever. Technical support will promise to help you at best, or even just keep silent. Or I will write to you that you have violated some paragraph of the rules. Blocking is not subject to review. And they block only when you really earn!

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CharlesJen
2 years ago

I traded at ArgusFX for about six months, but I didn’t like everything about him, so I left. In general, trading conditions are normal: spreads and swaps for majors are at the level of competitors. Technical support works quickly, everything is fine with the MT4 terminal too. Now for what I didn't like. First, I didn't have enough leverage. ArgusFX offers only 1:30, while other brokers allow you to work with leverage of 1:500-1:1000. The second drawback is that the deposit from the card comes with a commission. Most brokers don't withhold additional fees for depositing funds these days, so ArgusFX was a pleasant surprise. Of course, you can transfer from electronic wallets for free, but I don’t use them.

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zin92
3 years ago

The second time for a month is a joke on the graphs Drawn hairpins and not in my favor. We are dealing with argus fx and already feel that I will have to look for a new company

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federal
3 years ago

ArgusFX - clean kitchen! A couple of times I caught them on the fact that the level of the instrument at closing does not coincide with the real one, stop-losses can not be set, they will still be knocked out by the "supposedly market".

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susantha
3 years ago

Don't trust the sweet promises of ArgusFX! After replenishing the account, an inevitable drain of funds follows! Then you will be offered to replenish your account and then bonuses will be credited, but then there will be a drain again. Do not see each other!

Trading Conditions for ArgusFX Users

💻 Trading platform: MT4, MT5, Argonaut Platform
📊 Accounts: PRO STP, Standard STP
💰 Account currency: USD, EUR, PLN, GBP
💵 Replenishment / Withdrawal: Credit Card/Debit Card , Bank Wire, Skrill, Neteller, QIWI, Yandex Money, Sofort
🚀 Minimum deposit: No Minimum
⚖️ Leverage: 1:500
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0,0 p
🔧 Instruments: Forex, Spot Metals, Futures, Stocks, CFDs
💹 Margin Call / Stop Out: 100/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

Contacts

Registration address 148 Strovolos Avenue, 1st floor, CY 2048, Nicosia, Cyprus
Regulation
Official site
Contacts

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
ArgusFX Review ArgusFX Review

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FAQs

Why has ArgusFX been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against ArgusFX by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of ArgusFX is down, not updated or operates with clear errors and some features are not available;
• ArgusFX has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if ArgusFX got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why ArgusFX got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from ArgusFX?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if ArgusFX is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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