CYSEC — Cyprus
Acier FX Ltd
Licence
ArgusFX Review — Overview
Regulation
Tier-2 regulated
Licence
CYSEC
Licence status
Active
Platforms
MT4
Max. leverage
1:500
Instruments
Forex and CFDs
Typical spread
From 1.8 pips (Standard STP account)
Operating
Est. 2000
Entity
Acier FX Ltd
Website
Unknown
ArgusFX is a forex & CFD broker based in Australia, established in 2000. On Trust Broker Hub it holds a Trust Score of 4.8 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
ArgusFX's licence comes from an offshore jurisdiction (CYSEC). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
ArgusFX provides access to forex and CFDs. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, ArgusFX has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
ArgusFX currently scores 4.8/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a CYSEC licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Not disclosed |
| Minimum deposit | $0 |
| Maximum leverage | 1:500 |
| Typical spread | From 1.8 pips (Standard STP account) |
| Platforms | MT4 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on ArgusFX
Our analysis · editorial
4.8/10
A mixed risk profile
ArgusFX is regulated under a mid-tier authority (CYSEC). Based in Australia, it has been operating for about 26 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.8/10 — a mixed profile.
Strengths
- Holds a recognised mid-tier licence (CYSEC)
- Long 26-year operating track record
- No complaints on record with us
- Supports MT4 trading
Watch-outs
- Very high leverage available (1:500) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
ArgusFX — Questions & Answers
Log in to ask a question about ArgusFX.
No questions yet about ArgusFX. Be the first to ask — answers from the community and our team help every trader.
Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag ArgusFX here if that changes.
Full specifications
Regulated region
Australia
Operating period
5-10 years
Year founded
2000
Frequently asked
Is ArgusFX a safe broker?
ArgusFX scores 4.8 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the ArgusFX trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from ArgusFX?
ArgusFX publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.