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Arrow trade

Lebanon|2-5 years|
High potential risk|

http://arrowtradefx.com/

Website

Rating Index

Contact

+961 01383008
http://arrowtradefx.com/
Beirut, Barbour, Center for Jamma Al Mazraa, 8th Floor, Lebanon La martine center 2nd floor
https://www.facebook.com/arrowtradefx/

Licenses

No valid regulatory information, please be aware of the risk!

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Contact number

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+961 01383008

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Broker Information

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Company Name

Arrow trade

Abbreviation

Arrow trade

Platform registered country and region

Lebanon

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Arrow trade · WikiFX Survey

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Arrow trade · Company Summary

Arrow tradeBasic Information
Company NameArrow trade
HeadquartersLebanon
RegulationsNot regulated
Account TypesCOMMISSION FREE,ARROW CLASSIC
Maximum Leverage1:500
SpreadsFrom 0.0 pips
Commission$5 commission per round trade(ARROW CLASSIC Account)$0(COMMISSION FREE Account)
Demo AccountYes
Customer SupportTelephone number(+961 76 668 800)Email (Info@arrowtradefx.com)

Overview of Arrow trade

Arrow trade, based in Lebanon, is a trading platform offering two account types: COMMISSION FREE and ARROW CLASSIC. The company operates without regulatory oversight, providing trading services with a focus on competitive spreads and leverage options.

Overview of Arrow trade

Is Arrow trade Legit?

Arrow trade operates without regulatory supervision. This means the company's activities are not monitored or controlled by any financial regulatory body. Traders should be aware that this lack of regulation may impact the level of protection and oversight typically associated with regulated financial entities.

Is Arrow trade Legit?

Pros and Cons

Arrow trade presents a mix of advantages and potential drawbacks. The platform offers low spreads and 24/7 customer support, which can be attractive to traders. However, the lack of regulatory oversight poses potential risks to traders. Additionally, the limited account options may not suit all trading preferences.

ProsCons
  • Low spreads
  • Trading practices lacking regulatory supervision
  • 24/7 Customer Support
  • Less optionality in account types
Pros and Cons

Account Types

Arrow trade offers two account types: COMMISSION FREE and ARROW CLASSIC. This straightforward approach allows traders to choose between a commission-free option and a classic trading account structure, catering to different trading styles and preferences.

Account TypeMaximum LeverageCommissionSpreads
COMMISSION FREE1:500$0From 0.4 pips
ARROW CLASSIC1:500$5 commission per round tradeFrom 0.0 pips
Account Types

Leverage

Arrow trade provides a maximum leverage of 1:500 for both its COMMISSION FREE and ARROW CLASSIC account types. This high leverage ratio can potentially amplify both gains and losses, making it suitable for experienced traders who understand and can manage the associated risks.

Spreads and Commissions

Arrow trade offers competitive trading conditions across its account types. The COMMISSION FREE account features spreads from 0.4 pips with no commission.The ARROW CLASSIC account provides spreads from 0.0 pips but includes a $5 commission per round trade. This structure allows traders to choose between lower spreads with commission or slightly higher spreads without commission.

Customer Support

For customer support, Arrow trade provides both a telephone number (+961 76 668 800) and an email address (Info@arrowtradefx.com). These contact options allow clients to reach out for assistance with their trading accounts or general inquiries about the platform's services.

Conclusion

In conclusion, Arrow trade offers a straightforward trading platform with two account options, high leverage, and competitive spreads. However, the lack of regulation and limited account choices warrant careful consideration by potential traders.

Conclusion

FAQs

  1. What account types does Arrow trade offer?

Arrow trade offers COMMISSION FREE and ARROW CLASSIC account types.

  1. Is Arrow trade regulated?

No, Arrow trade is not currently regulated by any financial authority.

  1. What are the spreads and commissions for Arrow trade's accounts?

The COMMISSION FREE account has spreads from 0.4 pips with no commission, while the ARROW CLASSIC account has spreads from 0.0 pips with a $5 commission per round trade.

Review

Arrow trade brings some interesting options to the table. Their two account types keep things simple, and the spreads are pretty tight, especially on the ARROW CLASSIC account. The 1:500 leverage is nothing to sneeze at, though it's definitely not for the faint-hearted. The 24/7 support is a nice touch - always good to know someone's there when you need them. On the flip side, the lack of regulation is a bit of a wild card. It's a bit of a mixed bag - could be exciting for some traders, but you'd want to keep your wits about you.

Risk Warning

Trading online carries inherent risks, including the potential loss of your entire investment. It's essential to recognize that online trading may not be suitable for everyone, and individuals should carefully consider their risk tolerance before participating. Additionally, please be aware that the details provided in this review are subject to change as companies update their services and policies. Therefore, it's advisable to verify the most up-to-date information directly with the company before making any trading decisions. Ultimately, the responsibility for utilizing the information in this review lies solely with the reader.

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