ArgusFX Review: ArgusFX is the platform that offers MetaTrader 4 based trading and provides various trading services. This article will give you all the information about ArgusFX and its services, payment, accounts, deposits, and more. Read the article to know more about ArgusFX.
About ArgusFX
ArgusFX was established in 2003 that is a Cyprus-based broker platform. It is regulated by CySEC (Cyprus Securities and Exchange Commission). The company is providing its trading services over 50 years of trading experience.
ArgusFX is a trading system, who claims to have invented the “short term trillion” currency trading technique. ArgusFX is meant to replace the more widely-known Forex Scalping system. However, many independent reviews of ArgusFX claim that it may not be suitable for scalping, at least with beginners. The main ArgusFX problem that reviewers claim is that it does not come with an indicator set for trading in the US dollar and Euro. This is a minor criticism compared to some of the other shortcomings documented on the system.
Account Types
ArgusFX offers mainly two trading accounts, The Standard STP/ECN trading account, and the Pro STP/ECN trading account.
ArgusFX has an easy-to-use demo that you can try out before you purchase the software. There is an option on the main webpage for testing it on your computer. In addition to the demo, the website provides several instructional videos. The software also provides you with several practice account indicators. The one weakness of ArgusFX, according to review sites, is that it may not be suitable for trading more than one currencies.
You can also set up your positions in Forex using just your fingertips by using ArgusFX’s easy-to-use “demo mode”. This lets you try out the various strategies, including both long-term and short-term forex trading, with the aim being to get familiar with the software and learn how it works. This way, once you are ready to start trading with real money, you will be able to do so without worrying about losing any money as you are still learning to use the system.
Indicators
One of the big selling points of ArgusFX is that it uses “no indicators”. This allows it to function well even if you are a beginner and not particularly adept at trading the Forex market. The lack of indicators leads to some speculation about its performance. But this is actually what makes it so desirable because it can operate consistently without any human help or intervention.
There are no indicators that make it possible for you to set the risk/reward levels of your trades up to where they will be regardless of the direction the currency happens to be going in. For example, if the money you are trading has gone up ten cents, but you are invested in Japanese yen, you can choose to take a position in Japan because there is a strong likelihood that it will go up again shortly. By having the ability to determine this beforehand, you can set your prices accordingly and make good use of leverage when the situation warrants it.
Some Unique Features
ArgusFX has several unique features that set it apart from other systems. For one, it is the only system that offers a live demo that allows you to trade with real money. There are even settings available to enable you to trade in several different currency pairs simultaneously, allowing you to examine their behavior before taking a more severe position. You also get tips and trading advice twenty-four hours a day from a professional trader on managing your trading portfolio best.
ArgusFX has a unique feature that sets it apart from other products. Instead of relying on mathematical algorithms, the system uses real-time market data to analyze the movement of the market and make predictions. These predictions are based on past market data and what is known as “market momentum”, or how the prices have moved within a given period. The better the predictions are, the more likely you are to make a profit. And since this is based on actual market data, there is virtually no risk involved.
ArgusFX Forex is certainly an ArgusFX review that can be taken seriously. It does come with a small price tag, which makes it more accessible to just about everyone. It doesn’t have as many fancy bells and whistles as some other forex trading systems do, but what it does have is a very effective and impressive set of features that make it stand out from the rest. As you begin to learn about forex trading, it is easy to get caught up in all the different systems out there that promise to be the best. By taking the time to look at a product like ArgusFX, you will know that you’re getting a solid all-around system that’s worth your time and money.
