Overview of Arc world global Ltd
Arc World Global Ltd, registered in Saint Vincent and the Grenadines, functions as an online trading platform, offering traders a wide array of financial instruments. Through its two account types, demo and live, traders can engage in forex, indices, energies, metals, cryptocurrencies, and stocks trading via the Arc World APP or Arc World Web. Despite its flexibility and accessibility, it's crucial to note that the platform operates without regulatory oversight, necessitating caution due to potential risks linked with unregulated trading.
Is Arc world global Ltd Legit?
Arc World Global Ltd is listed as a “Suspicious Clone” under the Labuan Financial Services Authority (LFSA) in Malaysia, operating with a Straight Through Processing (STP) model. The company holds a license number MB/22/0100. This designation as a suspicious clone indicates that the firm may be misrepresenting itself as another legitimate entity or could be mimicking the credentials of another firm.
Pros and Cons
Arc World Global Ltd offers traders a diverse range of trading instruments, including forex, indices, energies, metals, cryptocurrencies, and stocks, providing ample opportunities for investment diversification. Additionally, the platform boasts multi-lingual 24/7 support, ensuring assistance is available to traders around the clock. However, it's important to note that Arc World operates without regulatory oversight, which may expose traders to potential risks associated with unregulated trading environments. Furthermore, the platform's limited customer support options, primarily through email, may present challenges for traders seeking immediate assistance. Additionally, there is unclear information on spreads, commissions, and leverage, which can hinder traders' ability to make informed decisions. Moreover, Arc World offers a limited variety of account types, potentially limiting traders' ability to tailor their trading experience to their specific needs. Therefore, while Arc World presents trading opportunities, traders are advised to exercise caution and conduct thorough research to mitigate potential risks.
Trading Instruments
Arc World provides over 90 instruments including forex, indices, energies, metals, stocks, cryptocurrencies, and more.
In the forex category, trading is available 24/5, providing flexibility for traders to engage in transactions at any time. Professional traders can benefit from leverage of up to 1:400, depending on their expertise and experience in forex trading.
For metals, Arc World offers trading opportunities in gold and silver, while the energies include crude oil and natural gas products.
Indices trading is facilitated through CFDs, with Arc World employing a “lot” trading mechanism for efficient trading of standard contracts that replicate the market value of various indices.
Moreover, Arc World provides cryptocurrency CFD products, enabling traders to speculate on the price movements of popular digital currencies with leverage of up to 1:30. With a minimum trading lot of 0.01, traders can engage in both buying and short selling cryptocurrencies, adding another dimension to their investment opportunities.
Account Types
Arc World offers two main types of accounts: Live Account and Demo Account, each tailored to meet the needs of different types of investors.
Live Account: Each Live Account at Arc World is uniquely designed with specific characteristics suitable for various types of investors. Whether you are a beginner looking to start trading or an experienced trader with a substantial investment, Arc World provides account types to match your financial goals and ambitions. With options ranging from small to large deposits, investors can select the account type that aligns best with their trading preferences and experience level.
Demo Account: For beginners seeking to gain trading experience, Arc World offers Demo Accounts as the ideal solution. These accounts provide a risk-free environment for practicing trading strategies and honing skills. The trading experience on a Demo Account mirrors that of a Live Account, allowing traders to familiarize themselves with the platform and test their trading skills without the risk of losing real funds.
Trading Platforms
Traders can access the Arc World trading platform on both iOS and Android devices by downloading the Arc World App from their respective app stores. In addition to the mobile app, Arc World offers a web-based trading platform accessible through web browser.
Educational Resources
Arc World provides a suite of educational resources to empower traders with valuable insights and analysis.
Economic Calendar: The TC Economic Calendar offers real-time macro-economic data, enabling traders to monitor and anticipate market-moving events. Traders can filter events by importance or country, track them in real-time, and analyze how similar events have affected prices in the past.
Analyst Views: With Analyst Views, traders gain access to expert market research combining senior analyst expertise and automated algorithms. Proprietary pattern recognition and expert analysis help traders develop actionable trading plans based on award-winning methodologies.
TC Market Commentary: Authored by Trading Central's renowned research team, TC Market Commentary delivers insightful analysis directly related to product price fluctuations. Each piece focuses on specific products and includes trading signals generated by top-tier technology and research tools.
TC Web TV: Through TC Web TV, traders can access educational videos covering various topics.
Deposit & Withdrawal
Arc World offers convenient deposit and withdrawal methods to facilitate seamless transactions for traders.
Deposit Methods:
USDT Deposit: Funds can be deposited instantly, providing swift access to trading capital.
Wire Transfer: Deposits via wire transfer are subject to the processing time of the bank involved, typically taking a few business days for the funds to arrive.
Withdrawal Methods:
UnionPay Withdrawal: Clients can opt for a quick withdrawal process on the same working day or a slower withdrawal process on the next day.
Wire Transfer: Withdrawal time depends on the processing time of the bank, typically taking several business days for the funds to be received.
It's important to note that in the event of statutory holidays, the withdrawal processing time may be extended based on the bank holiday schedule. Arc World endeavors to process withdrawal requests within one business day, provided that all required information is completed. The estimated time to receive funds varies depending on the payment method used, typically ranging from 1-2 business days for digital wallet withdrawals and 3-7 business days for wire transfers. Notably, Arc World does not impose any additional fees or commissions on withdrawals.
Customer Support
Arc World provides round-the-clock multilingual customer service to assist traders with their inquiries and support needs. The primary contact method for Arc World is via email atinfo@arcwltd.com.
Conclusion
In conclusion, Arc World Global Ltd offers a diverse range of trading instruments and 24/7 multilingual support. However, operating without regulatory oversight and limited customer support options could pose risks and challenges for traders. Furthermore, unclear information on spreads, commissions, and leverage could hinder traders' ability to make informed decisions. Moreover, Arc World offers a limited variety of account types, potentially limiting traders' ability to tailor their trading experience. Therefore, while Arc World presents trading opportunities, traders should approach with caution and conduct thorough research to mitigate potential risks.
FAQs
Is Arc World regulated?
No, Arc World operates without regulation, lacking oversight from recognized financial regulatory authorities.
What trading instruments are available on Arc World?
Arc World offers a variety of trading instruments, including forex, indices, energies, metals, cryptocurrencies, and stocks.
What account types does Arc World offer?
Arc World provides two account types: demo and live accounts.
How can I contact Arc World's customer support?
The primary method to contact Arc World's customer support is via email at info@arcwltd.com.
Risk Warning
Trading online carries substantial risks, and there's a possibility of losing your entire investment. It's crucial to recognize that online trading may not be suitable for all traders or investors. Keep in mind that the information provided in this review is subject to change as the company updates its services and policies regularly. Additionally, the date of this review's generation is significant, as information may have evolved since then. Hence, it's advisable for readers to verify the latest information directly with the company before making any decisions or taking action. Ultimately, the responsibility for using the information provided in this review lies solely with the reader.