The brokerage company Arb Fx was founded by veterans of the forex industry. With a combined experience of 50 years, its mission is to create a broker that provides clients access to opportunities in the Forex market by offering reliable, customizable, and fast trading services. On the main page of the official web resource, it is stated that the broker strives to provide access to global markets easily, quickly, and at radically lower prices than those available on the market today. The broker owns the following domains:
The trading intermediary “Al Royal Brokers Fx”, in a special section of the site, states that the company's activities are regulated by the Anjouan Offshore Financial Authority (AOFA), registration number L15607/ALRB, but no screenshots of document copies are provided. The indicated legal address of the organization is Hamchaku, Mutsamudu, Autonomous Island of Anjouan Union of Comoros.
In other sections of the site, users can find educational materials, answers to frequently asked questions, an economic calendar, details of the partnership program, and the organization's internal documentation.
In the “Contact us” section of the web resource, you can find the technical support email address. In the same section, the phone number +971xxxxxxxx, and the main office address Office No. xxxxx Tower, Close to Baniyas Metro, Deira, Dubai, U.A.E. are presented. Partially hidden contact information may cause distrust and suspicion among potential clients.
The brokerage organization “Arb Fx” offers its users trading a wide range of investment instruments, such as:
To start working with the broker, you need to register by creating an account, log into your personal account, choose one of the offered types of trading accounts, and make an initial deposit.
Trading accounts of type Standard, RAW, ISLAMIC, have the same minimum deposits of 100 USD, available leverage – 1:500, commission – 3 USD per side of a deal, spreads – from 0 points.
The broker offers its users a demo account.
For working with the trading agent Arb Fx, the MetaTrade5 trading platform is offered, which is available on desktop and mobile devices. You can learn about the main advantages of the trading terminal on a separate page of the official website.
The brokerage company “Al Royal Brokers Fx” offers a wide range of payment methods, including credit/debit cards, online wallets, including Neteller and Skrill, Poli Pay, online banking, and bank transfer. To view the full list of deposit methods and top up your account, you need to log in to your Al Royal Brokers Fx personal account and click “Top up” in the menu on the left, select “Deposit”, choose the trading account to deposit funds into, and click “Submit”. The broker does not provide information on withdrawal, commission fees, and transaction times.
The trading intermediary “Arb Fx” partially hides contact information, does not provide documentary evidence of the legality of its activities, which may cause distrust among potential users. And incomplete data on trading conditions will not allow it to occupy a high position in the broker ratings. Because of all this, before starting cooperation with such a brokerage organization, it is advisable to carefully check independent sources and thoroughly study reviews about Al Royal Brokers Fx from users of the trading terminal.
These scammers are really not subtle; using "xxx" instead of a normal address and phone number is quite bold. I don't even know which is more suspicious for a scam broker: not providing an address and number at all, or doing it like this. But the guys messed up because they left the full address in the answers to questions; they should fix that.))
Al Royal Brokers FX is yet another scam broker with offshore registration, so I advise you to forget about it and not even try to earn anything here. There are many accounts with some strange trading conditions, well detailed on how to deposit, but not a single word about withdrawal, which is very suspicious. Such transactions were probably not planned...
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