Argus

Argus
WikiStock Rating	⭐⭐⭐⭐
Founded	2000
Registered Region	Cyprus
Regulatory Status	CYSEC
Product & Services	Asset Management; Global Brokerage: Equities, Bonds, Exchange Traded Funds (ETFs), CFDs, Futures, Forex; Investment Advice; Corporate Finance; Consulting Services
Fees	Brokerage fee: 0.5%-2.00% (minimum €5)
	Subscription fee: 0-0.025%
	Odl fee (per order): 0-€0.25
	Safekeeping/administration of financial instruments: 0.005% - 0.125% charged quarterly on Portfolios. (Minimum €2.5 quarterly)
	Settlement Fee: €0.50-€5.00
	Investors Compensation Fund fee/Administration Fee: 0.0325-0.30%
App/Platform	ARGUS GLOBAL TRADER PLATFORM
Customer Service	Address: 25 Demosthenis Severis Ave., 1st & 2nd Floor, 1080 Nicosia, Cyprus/ P.O. Box 24863, 1304 Nicosia, Cyprus
	Tel: +357 22 717000
	Fax: +357 22 717070
	Email: argus@argus.com.cy
	Contact form
	Social media: Facebook, LinkedIn

Argus Information

　　Founded in 2000 in Cyprus, Argus Stockbrokers Ltd offers a comprehensive range of investment services to both institutional and private clients, including Asset Management, Global Brokerage (covering Equities, Bonds, Exchange Traded Funds (ETFs), CFDs, Futures, and Forex), Investment Advice, Corporate Finance, and Consulting Services.

　　Their fee structure includes a brokerage fee ranging from 0.5% to 2.00% (with a minimum of €5), subscription fees from 0% to 0.025%, order fees up to €0.25, and safekeeping/administration fees from 0.005% to 0.125% charged quarterly on portfolios (with a minimum of €2.5 quarterly). Settlement fees range from €0.50 to €5.00, and the Investors Compensation Fund fee/Administration Fee varies from 0.0325% to 0.30%.

　　The firm utilizes the ARGUS GLOBAL TRADER PLATFORM for trading and is regulated as a Cyprus Investment Firm (CIF) under CySEC (license number 010/03), which makes the company benefits from enhanced credibility and reliability.

　　For more detailed information, you can visit their official website: https://www.argus.com.cy/ or contact their customer service directly.

Pros & Cons

• 　　Regulatory Oversight: Argus is regulated by the Cyprus Securities and Exchange Commission (CYSEC), ensuring adherence to high financial standards.

• 　　Comprehensive Product Offering: Offers a wide range of investment services including asset management, global brokerage, investment advice, corporate finance, and consulting services.

• 　　Risk Management Measures: Implements robust safety measures such as maintenance margins and negative balance protection to safeguard client investments.

Cons:

• 　　Trading Fees: The structured fee schedule includes various charges that will add up costs for clients, making trading relatively expensive.

Is It Safe？

　　Regulation:

　　Argus operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CYSEC) with license no. 010/03, showcasing its dedication to maintaining the utmost standards in financial operations. This regulatory adherence underscores Argus's commitment to integrity and credibility in its services.



　　Safety Measures:

　　With a focus on risk management, Argus enforces maintenance margins to monitor and maintain open positions, automatically initiating margin close-outs if an account breaches 100% utilization. This proactive approach helps mitigate potential losses and ensures financial stability for clients.

　　Moreover, Argus provides negative balance protection for accounts holding FX Spot or CFD positions, ensuring that losses do not exceed the available collateral, including cash deposits. In the event of a negative balance, Argus reimburses the shortfall once all positions settle, effectively resetting the account value to zero and protecting clients from unforeseen liabilities.

Services

　　Argus stands out as a premier provider of comprehensive asset management and advisory services in Cyprus. Their offerings span institutional and private wealth planning, discretionary management services, and investment advisory across diverse asset classes such as equities, fixed income, alternative investments, and more.

• 　　Asset Management:

• 　　Institutional and Private Wealth Planning and Advisory Services

• 　　Institutional and High Net Worth Discretionary Management Services

• 　　Management of various asset classes including Equities, Fixed Income, Alternative Investments, Diversified Growth Funds, Infrastructure Funds, and Cash

• 　　Customized investment strategies tailored to client objectives

• 　　Global Brokerage:

• 　　Equities: Access to global equity markets through platforms like ARGUS Global Trader

• 　　Bonds: Trading and advisory services for fixed income securities

• 　　Exchange Traded Funds (ETFs): Investment opportunities in ETFs across different sectors and regions

• 　　CFDs: Contracts for Difference trading

• 　　Futures: Futures trading on various commodities and financial instruments

• 　　Forex: Foreign exchange trading services

• 　　Investment Advice:

• 　　Comprehensive advisory services across all asset classes (Equities, Bonds, Alternative Investments, Cash)

• 　　Expertise in portfolio management and strategic asset allocation

• 　　Tailored advice based on client-specific investment goals, risk tolerance, and financial situation

• 　　Corporate Finance:

• 　　IPO Consulting Services

• 　　Mergers and Acquisitions (M&A) advisory

• 　　Business valuations and fairness opinions

• 　　Due diligence services

• 　　Preparation of business plans and feasibility studies

• 　　Consulting Services:

• 　　Tailor-made investment strategies

• 　　Financial structuring and implementation services

• 　　Discretionary management of assets

• 　　Advice and assessment in global and domestic markets



Fees Review

　　Argus Stockbrokers Ltd implements a clear and structured fee schedule across its services.

　　Entry costs include stamp duties ranging from €35 to €50 for agreements and mandates, and up to €500 for reactivation fees.

　　Opening share accounts at the CSE and ASE range from €20 to €500, depending on entity type.

　　Running costs involve maintenance fees ranging from €5 to €100 for natural persons and up to €500 for administrative fees.



　　Exit costs, like taxation, vary and require personalized advice.

　　Transaction fees for equities and bonds include brokerage fees of 0.5%-2.00%, with minimums starting at €5, plus settlement fees ranging from €0.50 to €5.



　　This structured approach ensures transparency and allows clients to understand and plan for costs associated with their investments effectively.

　　For more details, you can visit https://www.argus.com.cy/static/documents/costs/Argus-Fees-CSE-ASE_2024.pdf and https://www.argus.com.cy/static/documents/costs/Argus_charges_jan_2024.pdf to look up the most updated fees of the one you want to know.

App Review

　　ARGUS Trader is a comprehensive trading platform offered by ARGUS Stockbrokers Ltd, enabling investors to engage in electronic order execution on the Cyprus Stock Exchange (CSE) and Athens Stock Exchange (ASE).

　　Beyond its online capabilities, ARGUS Trader enhances user experience with a versatile desktop application. This feature-rich software not only facilitates real-time trading but also supports simulation accounts for risk-free practice.



Customer Service

　　Argus locates at 25 Demosthenis Severis Ave., 1st & 2nd Floor, 1080 Nicosia, Cyprus/ P.O. Box 24863, 1304 Nicosia, Cyprus.

　　Clients can contact Argus Cyprus directly via telephone at +357 22 717000 for immediate assistance and inquiries and fax at +357 22 717070 for important document transmission.

　　For less urgent matters or detailed queries, clients can reach out via email at argus@argus.com.cy.

　　Moreover, you can fill in a contact us form on their website and waiti for call-back from a representative from the company.

　　In addtion, Argus maitains social presence on platforms such as Facebook and LinkedIn for community communication and news update.



Conclusion

　　Argus Stockbrokers Ltd, founded in 2000 and regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license no. 010/03, offers a comprehensive range of investment services, including asset management, global brokerage, investment advice, corporate finance, and consulting.

　　With a structured fee schedule and a robust trading platform, ARGUS Trader, Argus ensures transparency and ease of access for clients. Their focus on regulatory compliance, risk management, and customer service underscores their commitment to integrity, credibility, and client satisfaction.

Frequently Asked Questions (FAQs)

　　1: Is Argus regulated by any financial authority？

　　Yes, Argus Stockbrokers Ltd is regulated by the Cyprus Securities and Exchange Commission (CYSEC) with license no. 010/03.

　　2: What types of services does Argus provide？

　　Asset Management, Global Brokerage (Equities, Bonds, ETFs, CFDs, Futures, Forex), Investment Advice, Corporate Finance, and Consulting Services.

　　3: Is Argus suitable for beginners？

　　Yes, Argus is well regulated and offers a range of financial advisory services, which is benificial for beginners.

　　4: What safety measures does Argus have in place？

　　Argus enforces maintenance margins to manage open positions and provides negative balance protection for FX Spot or CFD positions, ensuring clients do not lose more than their available collateral.

　　5: What fees does Argus charge for their services？

　　Argus charges brokerage fees ranging from 0.5% to 2.00%, with minimum fees starting at €5, along with various other fees such as subscription fees, safekeeping fees, and settlement fees, which are detailed on their website.

　　6: What trading platform does Argus offer？

　　Argus offers the ARGUS GLOBAL TRADER PLATFORM, which supports electronic order execution on the Cyprus Stock Exchange (CSE) and Athens Stock Exchange (ASE), along with a desktop application for enhanced trading experience and simulation accounts.

Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.