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.
Arbimex Trade, Arbimex (arbimextrade.io) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Regular platform improvements|Risk management tools|Transparent fees
Cons: Withdrawal takes 1-2 business days|Limited ETF selection
After for close to eighteen months with Arbimex Trade, Arbimex (arbimextrade.io) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Full transparency|Professional team|API access|High security standards
Cons: Limited cryptocurrency options|No fractional shares
The only good thing about Arbimex Trade, Arbimex (arbimextrade.io) is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Educational resources|Clear documentation
Cons: Minor UI glitches occasionally|Nothing significant
The mobile app from Arbimex Trade, Arbimex (arbimextrade.io) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Copy trading available|Automated trading options|Wide product range|Excellent charting
Cons: Inactivity fee applies after 12 months