Arbimex Trade, Arbimex (arbimextrade.io) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: arbimextrade.io.
The platform at Arbimex Trade, Arbimex (arbimextrade.io) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Good mobile app|Good analytical tools|Reliable uptime
Cons: No live chat on mobile|Slow to add new assets
Arbimex Trade, Arbimex (arbimextrade.io) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Professional team|High security standards|Market news feed|Fast execution
Cons: Would like more payment methods|Withdrawal takes 1-2 business days
I signed up with Arbimex Trade, Arbimex (arbimextrade.io) after doing extensive research and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Clean UI|Economic calendar|Professional team
Cons: Mobile app could be improved
I lost a significant amount because Arbimex Trade, Arbimex (arbimextrade.io) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Automated trading options|Quick verification|Low minimum deposit
Cons: No dark mode on mobile|No phone support on weekends
Arbimex Trade, Arbimex (arbimextrade.io) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Two-factor authentication|Dedicated account manager|API access
Cons: Limited ETF selection
I gave Arbimex Trade, Arbimex (arbimextrade.io) a fair chance. After for close to eighteen months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Two-factor authentication|Fast deposits|Multiple order types|Reliable uptime
Cons: Research section could be deeper
I found Arbimex Trade, Arbimex (arbimextrade.io) after a friend recommended them and the initial impression was positive. But for the past six months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Reliable uptime|Responsive team|Social trading features
Cons: Inactivity fee applies after 12 months
Do not be fooled by the professional-looking website. Behind the scenes, Arbimex Trade, Arbimex (arbimextrade.io) is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Excellent charting|Two-factor authentication|Great customer service
Cons: No fractional shares|Slow to add new assets
I had high hopes for Arbimex Trade, Arbimex (arbimextrade.io) through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: High security standards|Economic calendar|Dedicated account manager
Cons: No live chat on mobile
The spread at Arbimex Trade, Arbimex (arbimextrade.io) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Two-factor authentication|Regular platform improvements
Cons: None so far