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The WikiFX Score of this broker is reduced because of too many complaints!

Arygos Ltd

China|2-5 years|
Suspicious Scope of Business|High potential risk|

http://arygosfx.com/en

Website

Rating Index

Contact

info@arygosfx.com
http://arygosfx.com/en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

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Company Name

Arygos Ltd.

Abbreviation

Arygos Ltd

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Arygos Ltd · WikiFX Survey

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Arygos Ltd · Company Summary

Note: Arygos Ltds official site - http://ww7.arygosfx.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Arygos Ltd Review Summary in 10 Points
Founded N/A
Registered Country/Region China
Regulation NFA (suspicious clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/USD Spread N/A
Trading Platforms MT4/5
Minimum Deposit N/A
Customer Support email

What is Arygos Ltd?

Authorized and regulated by the National Futures Association (NFA), based in China, Arygos Ltd says it is committed to providing its clients with efficient and low-cost global investment services, as well as an online trading platform and a variety of global asset allocation with the cheap commission. However, Arygos Ltd NFA license No. 0540732 is a suspicious clone.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
• MT4 and MT5 supported • Suspicious clone NFA license
• Popular funding options • Unavailable website
• Reports of scams and severe slippage
• Lack of transparency
• Limited info on deposit/withdrawal
• Only email support

Arygos Ltd Alternative Brokers

    There are many alternative brokers to Arygos Ltd depending on the specific needs and preferences of the trader. Some popular options include:

    • TrioMarkets - a reputable broker offering a wide range of trading platforms and instruments, making it a suitable choice for traders seeking diverse options and reliable service.

    • Key Way Investments - provides a user-friendly trading experience with multiple trading platforms and a comprehensive range of financial instruments, making it a recommended option for traders of all levels.

    • Interstellar FX - offers a robust trading environment with competitive trading conditions, making it an attractive choice for traders looking for a reliable broker with a variety of trading instruments.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Arygos Ltd Safe or Scam?

Based on the information you provided, Arygos Ltd is an unregulated entity. Arygos Ltd National Futures Association (NFA, License No. 0540732) is a suspicious clone. Additionally, the unavailability of the website raises concerns about the legitimacy and safety of Arygos Ltd. It is important to exercise caution and conduct thorough research before engaging with any unregulated or suspicious financial entity. It is advisable to seek out regulated and reputable financial institutions that adhere to the necessary regulations and have a track record of providing secure and reliable services.

Trading Platforms

Arygos Ltd offers the widely recognized and popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 and MT5 are renowned in the financial industry for their advanced features, user-friendly interfaces, and comprehensive tools for trading various financial instruments.

The MT4 platform provided by Arygos Ltd enables traders to execute trades with ease and efficiency. It offers real-time price quotes, interactive charts, and a wide range of technical indicators for analyzing market trends. Traders can customize their trading environment by creating and using expert advisors (EAs), which are automated trading systems, to implement their trading strategies.

The MT5 platform, offered by Arygos Ltd, builds upon the success of MT4 and provides additional features and functionalities. MT5 offers a more extensive selection of financial instruments, including stocks, futures, and options, in addition to forex trading. It also includes advanced charting tools, depth of market (DOM) functionality, and an economic calendar to keep traders informed about significant market events and news.

Trading Platforms

Both MT4 and MT5 platforms offered by Arygos Ltd provide access to the global financial markets, allowing traders to trade a variety of instruments such as forex, commodities, indices, and cryptocurrencies. These platforms are known for their stability, security, and robust order execution capabilities, which are essential factors for successful trading.

Overall, traders who choose Arygos Ltd can benefit from the advanced features and functionalities offered by MT4 and MT5, enabling them to analyze markets, execute trades, and manage their positions effectively.

See the trading platform comparison table below:

Broker Trading Platforms
Arygos Ltd MT4, MT5
TrioMarkets MT4, MT5, WebTrader, Mobile App
Key Way Investments MT4, MT5, WebTrader, Mobile App
Interstellar FX MT4, MT5, WebTrader, Mobile App

Deposits & Withdrawals

Arygos Ltd accepts deposits and withdrawals through popular payment methods such as MasterCard, China UnionPay, VISA, and JCB.

Payment Options

Arygos Ltd minimum deposit vs other brokers

Arygos Ltd Most other
Minimum Deposit N/A $100

It's essential for traders to review the terms and conditions associated with deposits and withdrawals. These terms may vary, and it's advisable to visit Arygos Ltd's official website or contact their customer support for accurate and up-to-date information on deposit and withdrawal procedures, any potential fees, and other relevant details.

Customer Service

Arygos Ltd seems to have limited customer support options, with only an email address, info@arygosfx.com, disclosed for contact purposes. The absence of more direct contact information like a telephone number or company address can be a concern, as it may limit the accessibility and responsiveness of their customer service.

Pros Cons
• Email support available for communication • No 24/7 customer support
• Lack of direct contact options like phone or live chat
• Possible delays in resolution due to email communication
• No social media presence

Note: These pros and cons are subjective and may vary depending on the individual's experience with Arygos Ltd's customer service.

User Exposure at WikiFX

On our website, you can see that reports of scams and severe slippage. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure at WikiFX

Conclusion

In conclusion, Arygos Ltd offers the popular MT4 and MT5 trading platforms. However, their website is unavailable currently and they operate as an unregulated broker. This lack of regulatory oversight raises concerns about the safety and security of client funds. Additionally, there have been reports of scams and severe slippage associated with Arygos Ltd. Therefore, traders are advised to proceed with caution and carefully consider the risks before engaging with Arygos Ltd. It is recommended to explore regulated alternatives that offer more transparency, credibility, and protection for traders' investments.

Frequently Asked Questions (FAQs)

Q 1: Is Arygos Ltd regulated?
A 1: No. Arygos Ltd National Futures Association (NFA, License No. 0540732) is a suspicious clone.
Q 2: Does Arygos Ltd offer the industry leading MT4 & MT5?
A 2: Yes. It supports MT4/5.
Q 3: Is Arygos Ltd a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and lack of transparency.

News

WikiFX Review: Something you need to know before investing in Arygos Ltd

NewsWikiFX Review: Something you need to know before investing in Arygos Ltd

2022-07-12 10:53

Arygo Ltd is an online forex broker offering a wide variety of financial assets to its clients. Recently, this broker has caught many traders’ attention due to its reputation. We want to remind you of something about this broker, so you would not regret taking the next step. WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc.

WikiFX
2022-07-12 10:53
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WikiFX Review: Something you need to know before investing in Arygos Ltd
Guide on How to Create a trading account for South African traders

NewsGuide on How to Create a trading account for South African traders

2022-05-31 17:04

As Forex trading is becoming increasingly popular in South Africa today, many traders are now curious to learn how to create a trading account. To create a trading account one needs to have a valid email address, contact phone number, and valid identity card. We have simplified the process in this work for new traders seeking to open an account today.

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2022-05-31 17:04
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Guide on How to Create a trading account for South African traders

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