ArgoTrade review – Is ArgoTrade reliable in 2023?

ArgoTrade Review

First thing’s first – ArgoTrade provides trading in CFDs via tried and tested platforms, alongside 24/5 customer assistance. It claims to embrace an ethical approach to trading and that its interests are firmly aligned with the ones of traders. Is all of that true? Let’s find out…

Fund protection is probably something you don’t need to worry about, since ArgoTrade keeps client money in segregated accounts at top-tier global banks. This is also a byproduct of regulatory compliance. The broker holds a license with the FSA, making it eligible to provide online trading for a wide range of users worldwide. 

 

CFD trading

Trading CFDs with ArgoTrade carries some interesting benefits. The broker guarantees attractive spreads whilst offering leverage up to 1:300, depending on what assets you want to trade. Market coverage is also diverse, granting each trader a whole lot of flexibility when choosing what instruments best suit them.

FX, stocks, crypto, and commodities are assets that we don’t need to tell you much about. You can choose to trade on indices too, benefiting from stable prices and tight costs.Finally, ETFs and bonds are also part of the asset index, creating an environment where switching from one asset class to another is simple and quick – all from one account.

Updated software

WebTrader is one of the most up-to-date platforms, offering the opportunity to trade 2,100+ CFDs using 90 edit tools, Trending Tools, Analysis Recommendations, and Events & Trade. Some of these features can only be found with ArgoTrade, providing personalization when analyzing markets.

 

Also available with the broker is MetaTrader 4, a second platform of choice that traders are very familiar with. MT4 is a very popular option for CFD traders, considering its simple interface, as well as the variety of tools built in. It’s a safe platform, designed by MetaQuotes, and that’s why many brokers today include MT4 in their offer. After over a decade of existence, this solution keeps the pace in such challenging financial markets. 

ArgoTrade resources

Upon opening an account, you need to choose between Micro, Silver, Gold, Platinum, and Exclusive accounts. Micro is affordable thanks to the $100 deposit requirements, while the other larger solutions provide access to more tools and tighter spreads. 

Among the useful resources that can be unlocked, depending on your account type, is Trading Central. Built into the platforms, it serves as a guide for traders when conducting technical analysis. 

Access to an economic calendar, premium daily analysis, and support from a dedicated account manager are also features that should not be neglected. Especially for those who are new to this endeavor, these resource can be a great step forward. 

Summary

ArgoTrade is a regulated CFD broker promising decent trading terms in exchange for low initial deposits. Traders can sign up by following a few simple steps and then trade on over 2,100 instruments. All platforms covered are competitive, integrating advanced tools. The broker keeps close contact with users 24/5with the help of its efficient support service, and its dedicated team of account managers. All in all, this looks like an above-average broker that traders should definitely take a closer look at.