Arum Capital – scammers or a decent broker?

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Arum Capital – what we know and have as facts about it; This is the trade name of ArumPro Capital Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 323/17. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We have found in the Order Execution Policy file that Arum Capital transmits each client’s order for execution to its execution venues. The company claims that the execution venue for clients’ orders will be authorized investment firms. This means that the company uses the Straight Through Processing (STP) model to execute client’s orders. Although the Client Agreement document states that the company is the counterparty to every order a client places, Arum Capital claims that it hedges 100% of client’s orders. Therefore, the STP model of order fulfillment avoids the common conflict of interest between the client and the market maker. The company benefits only from the spread mark-up and the traded volumes.

We also found that there are some posts in the forums about publishing many fake positive posts about itself.

So far, we have not received any complaints from customers of Arum Capital. If you have any criticism to share with us or feel annoyed by Arum Capital, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and Arum Capital if you wish.

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By FxBrokerComplains