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Ashraf20
1-2 years

How do the different account types provided by ARGUS differ from one another?

Broker Issues
ARGUS
Instruments
Leverage
Platform
Account
09-03
United States
WikiFX
Reply

Based on my research and experience evaluating brokers like ARGUS, I found that their services cater to different investor needs primarily through their two core trading platforms rather than a traditional tiered account structure. ARGUS offers access to their proprietary ARGUS Trader platform, which is designed specifically for trading on the Cyprus and Athens Stock Exchanges, with full electronic order execution. In my view, this platform is best suited to those seeking exposure to regional equities and who may value local market familiarity. On the other hand, the ARGUS Global Trader platform, powered by Saxo, opens up access to global markets, including forex, stocks, and commodities. This is available online and via desktop, with the added benefit of a trial account option—something I appreciate for initially assessing a broker’s execution quality and platform usability before committing funds. However, it's important to note that, according to the available information, ARGUS does not openly advertise distinct retail account tiers that specify differences in spreads, leverage, or commissions, as is common with many global forex brokers. Instead, the differentiation largely comes from the scope of instruments, the platform used, and whether you trade primarily in Cyprus/Athens or globally. Given user feedback and allegations concerning withdrawal difficulties, I urge caution and careful due diligence before selecting which platform to use for your trading strategy. As always, I recommend clarifying all account conditions directly with their support to avoid misunderstandings.

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