Arrowteks Broker Review 2020

87%

Our Score

89%

Customers score

88%

Overall score

There are not a lot of brokers out there that can say that they are up to the industry standards. One of the rare ones is Arrowteks. A broker that has it all and that's why we are writting this Arrowteks review. A rich background, astounding trading assets and tools, as well as many perks for all its clients. It was created by the Forex experts themselves, who wanted to share their skills and knowledge with other members of the trading community. As a result, now we have in front of us a trading company that has one main goal, and that is to include each new client and help them improve their trading strategy.

Arrowteks is unique in many ways. They do not just offer a one-type solution for their clients, because they know that each trader is different. Everyone has their own trading goals and dreams, as well as tendencies, strengths and weaknesses. That’s why Arrowteks created an opportunity for each client to achieve the most they possibly can through one-on-one coaching, as well as other tools to help you stand out from the crowd of other traders and reach your full potential.

Arrowteks Broker Review

Arrowteks particularly stands out when it comes to inclusivity. Namely, the brand is dedicated to welcoming clients from all around the world, which can be quite challenging when you really think about it. For starters, each country and part of the world have their own rules and regulations, which can sometimes be hard to keep track of. That’s why the majority of brokerages focus on a single market. For example, the European market or the market in Japan.

But Arrowteks is different. It aims to attract as many clients as possible by providing the means to achieve their best on the market, as well as respect the regulatory frames of the Forex industry so that the clients can fully exercise their rights. This requires a lot of time and dedication, as well as experts who are able to take all of this into consideration and tie it into one complete package such as Arrowteks.

And there you have it. As a result of all of this, the Arrowteks trading platform was created. What’s so special about it is that they constantly aim towards improvement and becoming better than yesterday. You can expect the same for yourself as an Arrowteks client.

Platform and Execution SCORE: 94%

The Arrowteks platform is not MT4 or MT5, which might seem a bit strange in the beginning. However, if you give it a chance you will see that their web-based platform is actually even more convenient. The interface has a great quality design, and what’s even more important, it is adjustable to any device. This means that you can use it on your mobile, tablet, desktop or PC anytime.

Arrowteks Broker Review

The platform gives you the opportunity to trade over 200 tradeable assets such as Stocks, Forex, Commodities and even some Cryptocurrencies. This is another big advantage of Arrowteks. The company is not only focussed on a certain asset or an asset group. Rather, they have created a different kind of trading environment that offers you every trading instrument and tool you can possibly think of.

The trading platform is also user-friendly, which is quite important. It also shows once again how dedicated Arrowteks is to attract clients of different backgrounds, educational levels etc. No matter if you are an experienced trader or you are just dipping your toes in, you will find your way around quite easily. For example, whichever asset you want to check out, the only thing you need to do is click on it and the info will present itself. This includes a handy chart that shows how the particular asset was trading over time, as well as the basic information about leverage, margin call and other important features you will need to learn before you begin.

Arrowteks Broker Review

Withdrawal Speed SCORE: 73%

Arrowteks provides to their clients some of the most common methods of payments for deposits and withdrawals. They include both credit and debit cards, as well as bank wire transfers and even Bitcoin. The time needed for your request to be finished processing can vary from 7 to 10 business days. This may sound like a lot, but keep in mind that Arrowteks does so in order to assure that your documentation is accurate, because after all, it is your money that is at stake. Think of it like this, the more time they require to process your withdrawal request, the more certain you can be that everything will go without a hitch.

Arrowteks Broker Review

Also, the one thing that is applied to all of these payment methods is that you will need to pay a 1% fee for each withdrawal request you make. This is another advantage of Arrowteks, considering that no matter what amount you decide to withdraw, you will pay the 1% fee regardless. While other companies try to hide these facts or even not mention them at all, Arrowteks is pretty upfront about it.

We should also mention another advantage that Arrowteks provides for their clients, and that is the possibility to cancel your withdrawal request. If you change your mind about it, even if it was already processed, all you need to do is just contact their agents and inform them that you changed your mind. After that, they will update your request and the funds will be back to your account in no time. This service also requires paying a 1% fee, so keep that in mind as well.

Support and Assistance SCORE: 86%

Arrowteks is dedicated to creating a lasting relationship with their clients, and that is not easy to achieve considering that the number of them grows by the minute. So, that’s why they created as many ways of contacting them as possible, so your questions can be answered promptly and efficiently.

When you click on the tab marked Contact Us, you will be sent to a page with the list of all the ways you can contact Arroteks support team, including email, phone numbers and live chat. Also, on the right side of the page, you can find a form that you can use to briefly explain your issue. We found that the response is prompt no matter which channel you use.

Also, probably the most appealing option for the majority of traders is the live chat, which you can use at any time to contact an agent. The response comes in a matter of seconds, so you won’t have to wait a while in case of using an email or the online form option.

Education and Tools SCORE: 93%

The educational section of Arrowteks is filled with many different tools for your learning, including both visual and statistical. First, you can enjoy the interactive tutorials which are provided by the expert traders that explain to you step by step how trading works. Also, you can read educational books about a variety of topics, from technical analysis to basic trading terms.

Then, you can also engage in the latest market data, which are regularly updated so you don’t have to miss out on anything. There are many events that can shake up the trading world, from the economic and political ones to even healthcare and weather events. You can find all the latest info on them as well.

In the end, you can also find a handy glossary that explains the basics of the trading lingo, so you can communicate better with other clients or Arrowteks agents. And if you are not sure when the asset of your choice is available for trading, you can find that out by clicking on the Asset Index section. This tab lists trading hours for each asset available on the Arrowteks platform. As you can see, no matter where you are coming from or how much experience you have, you can easily adjust to the Arrowteks trading platform.

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Platform Our Score Customers-score Overall score Platform-execution Withdrawal speed Support-assistance Education-Tools
FXVC 87.5% 89% 88% 92% 83% 78% 97%
E Toro 83% 85% 84% 81% 93% 75% 82%
SECUREDVC 82% 80% 81.5% 73% 96% 81% 78%
24OPTION 80% 78% 79% 84% 68% 89% 76%
Stockscm 77% 79% 78% 80% 75% 65% 86%
FX PRO 76% 74% 75% 73% 80% 83% 67%
YORKCG 75% 73% 74% 82% 77% 65% 79%
FXTM 74% 72% 73% 65% 73% 81% 77%
XTB 36% 39% 37.5% 37% 25% 37% 46%
City Index 34% 37% 33.5% 26% 29% 40% 39%