Arum Trade review 2026: Former MT5 ECN broker with no current active license or trading website
ARUM Trade was a Port Vila, Vanuatu-based ECN forex broker founded in 2018. It previously held VFSC license 40490 and used MetaTrader 5 with ECN accounts, but the license is absent from the current VFSC active list and arumtrade.com is now parked for sale. Historical materials show it served retail clients across forex pairs, CFDs, metals, energies, and cryptocurrencies.
What is Arum Trade?
Arum Trade was an offshore forex broker associated with ARUM Trade LTD in Vanuatu. FXSharp's earlier research places the firm in Port Vila and gives 2018 as its founding year. Its model centered on Electronic Communication Network (ECN) trading and MetaTrader access. The broker also lists ECN, demo, PAMM, and MAM account formats.
The operating picture is now different from the historical product profile. The former website, arumtrade.com, currently resolves to a domain-sale page rather than a brokerage service. That means current account opening, pricing, funding, and withdrawal terms cannot be checked on an active broker site. The earlier record therefore treats current trading access as unverified.
Is Arum Trade regulated? Verification check
Arum Trade does not have a currently verified active forex license. The firm previously cited the Vanuatu Financial Services Commission (VFSC) and license 40490. A current search of VFSC public license materials did not confirm an active entry for ARUM Trade LTD under that number on 21 September 2026. FXSharp therefore classifies the broker's regulatory status as suspicious, not actively regulated.
Vanuatu licensing is offshore supervision and does not provide a retail investor compensation scheme comparable with major onshore regimes. More importantly, the present issue is not simply jurisdiction quality. The available record does not confirm that license 40490 remains active today. The inactive website also prevents a current legal disclosure page from being checked against the regulator record.
Trading platform history
Trading platform history centers on MetaTrader 5 (MT5), which FXSharp's earlier research lists as the platform. MT5 supports automated strategies through Expert Advisors, charting, order management, and multi-asset trading functions. Historical materials also associated the platform with ECN-style account access. Current MetaQuotes server verification was not confirmed, so the MT server remains unverified.
The earlier product record includes forex, Contracts for Difference (CFDs), metals, energy products, and cryptocurrencies. Those instruments describe the former service rather than a currently operating offer. The live domain no longer presents tradable markets, specifications, or contract terms. Current spreads, contract sizes, execution settings, and market hours therefore remain unverified.
Red flags and warning signs
Red flags and warning signs come from public records and the current website state. First, the former broker domain is now listed for sale rather than operating as a trading portal. Second, the current VFSC public materials do not confirm an active license 40490 for ARUM Trade LTD. Third, the Bank of Russia placed ARUM TRADE, ArumTrade, and ARUMGO on its warning list on 26 November 2021.
The Bank of Russia entry states that it detected signs of an illegal professional securities-market participant (source: Bank of Russia warning list, 26 November 2021). The warning names arumtrade.com and related subdomains. A regulator warning is a documented public finding, not the same thing as a court judgment. It does mean the warning belongs in any current risk review of the brand.
Minimum deposit and account terms
Minimum deposit information is historical rather than current. FXSharp's earlier research notes that account entry once started at $1, while the current live minimum is listed as N/A. The difference reflects the inactive website and the absence of current account-opening terms. No present deposit floor should be inferred from old promotional material.
Historical account labels included ECN, demo, PAMM, and MAM formats. PAMM refers to percentage allocation management, while MAM refers to multi-account management. Those structures are commonly used to allocate trades across managed accounts. No current account agreement, manager terms, fees, or eligibility rules could be verified from an active Arum Trade site.
Regulator warning list check
Regulator warning list checks identify one confirmed public warning. The Bank of Russia warning list includes the Arum Trade brand and former web domains. Its entry date is 26 November 2021, and the stated concern is illegal professional securities-market activity. The page remains publicly available in the regulator's database.
The same review did not establish a current active VFSC authorization under license 40490. FXSharp found no active FCA, CySEC, ASIC, FSCA, DFSA, BaFin, FINMA, or FINRA license. Those regulators therefore should not be presented as licensing Arum Trade. The available evidence supports describing the former Vanuatu authorization separately from the Russian warning.
User complaint evidence
User complaint evidence is too limited for a reliable current complaint rate. FXSharp found no verified aggregate score, review count, or regulator complaint statistic. That prevents a defensible claim that withdrawals, support, or account freezes follow any measured pattern. Individual internet comments are not enough to establish a verified operational trend.
The stronger evidence comes from primary-source checks instead of anecdotal reviews. The inactive domain removes the normal route for testing current support, onboarding, and withdrawal procedures. The regulator warning provides a documented risk signal with a date and named authority. Readers should distinguish those verified facts from unsourced forum allegations about the brand.
How can you verify the broker for yourself?
Broker verification should start with the legal entity, license number, and regulator register. The relevant historical entity is ARUM Trade LTD, and the former Vanuatu license number is 40490. A valid current license should appear under the same entity name in the regulator's active public records. A mismatch in entity, number, or status means the claim has not been verified.
- Search the VFSC Financial Dealers License list for ARUM Trade LTD and license 40490.
- Check whether the status is active and whether the listed website matches the broker domain.
- Search the Bank of Russia warning list for ARUM TRADE, ArumTrade, and ARUMGO.
- Compare any payment instructions with the legal entity named in the regulator record.
Verification should also include the website itself. The current arumtrade.com page is a domain-sale listing rather than a broker portal. That prevents confirmation of current terms, client agreements, risk disclosures, and support contacts. Any new site using the brand would require a fresh entity and license check.
Customer support availability
Customer support availability cannot be verified as a current broker service. FXSharp's research shows no live email and lists the phone as not disclosed. It also shows no verified Telegram, X, Facebook, YouTube, or LinkedIn channel. The parked domain does not provide an operating trading-support desk.
This gap matters because support details form part of entity verification. A regulated broker normally publishes legal contact details that can be matched with its license record. Here, no current contact channel is tied to an active trading website. Historical support details should not be treated as current without a live legal disclosure.
Where is the broker actually based?
Broker location data points to Port Vila, Vanuatu in the earlier company record. The legal entity is listed as ARUM Trade LTD, and no current onshore branch is verified. Vanuatu was also the jurisdiction linked to former license 40490. The current domain status makes it impossible to confirm an operating office from the broker's own website.
Headquarters and regulation are separate questions. A Vanuatu address does not prove a current financial license, just as an old license number does not prove ongoing authorization. The current review therefore keeps the historical Port Vila location while treating active regulation as unverified. No United Kingdom, European Union, Australian, or United States operating entity is established.
| Feature | Arum Trade Information |
|---|---|
| Founded | 2018 |
| Headquarters | Port Vila, Vanuatu |
| Disclosed regulator | Former VFSC license 40490 |
| Registration verified | Current active license not confirmed |
| Trading platform | MT5 historically |
| Minimum deposit | Not currently verifiable |
| Maximum leverage | Not currently verifiable |
| Account types | ECN, Demo, PAMM, MAM historically |
| Islamic account | Not disclosed |
| Customer support | No current verified channel |
| Deposit methods | Bank transfer, cards, Skrill, Neteller, Perfect Money, AstroPay historically |
Recovery options if you've already deposited
Recovery options depend on the payment method, transaction date, and the legal entity that received funds. Card payments can have issuer dispute procedures, while bank transfers follow the sending bank's recall and fraud-reporting processes. E-wallet providers also maintain transaction dispute channels under their own rules. None of these routes guarantees recovery.
A regulator complaint is another documentation route when a regulated entity or warning-list issue is involved. The Bank of Russia warning can be included as evidence of the public regulatory record. Vanuatu does not provide a retail compensation fund comparable with major onshore investor schemes. Transaction receipts, account statements, emails, and payment beneficiary details are the core records for any complaint process.
Is Arum Trade safe? Honest assessment
Arum Trade cannot be verified today as an active, currently licensed forex broker. The former VFSC license 40490 is not confirmed as active in the current review record. The former website is parked for sale, so live trading terms and client protections cannot be checked. The Bank of Russia warning adds a separate documented regulatory concern from 2021.
The historical platform and account information shows that a real brokerage product existed around MT5 and ECN trading. That history does not establish current authorization, current solvency, or current client-service capacity. The decisive current facts are the inactive trading domain, unverified active license status, and public regulator warning. Those points define the present risk profile more than former product features.
Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.
FXSharp is an independent site that reviews forex brokers and prop trading firms. Every license is checked on the regulator's own register, every score follows our published methodology, and no broker can pay for a higher rating.