Starting from 2015, Armada Markets focuses mainly on providing liquidity and services to banks, brokers and hedge funds. From January 1st, 2015 FSA (Seychelles) authorized and regulated company Tickmill Ltd provides trading services for individual and corporate clients.
I've been trading with Armada from more than one years, I only have good words for them. Since operation, through software platform, very good customer support and the transfer of funds is clean and simple both sides with low commissions.
EUR/USD average raw spread 0.2-0.3 pips. Standard commission 20 per million and through my IB I get a 5% reduction. No-requotes on my close to 1700 trades now. Positive slippage on news trading. Armada is one of the best FX broker out there.
it's my fifth years since my registration with myfxbook, and i never bother to give any review either. i've been put many trading system upon my profile as use many brokerage service, and honestly myfxbook help me alot promote my trading performance, been meet with several investor through myfxbook contact. but this brokers really giving me an advantage so far, instead of low spread given even when commision include, they quite honest with the execution and slippage price. first it give me a giggle when knowing they're not FCA or NFA regulated, but it strongly acknowledge by onshore estonian ministry, not just like the offshore type i think. but everyone know, i do really experience too, which regulated brokers are just another regulated criminal. so most important thing how they gonna set a better trading condition and match my needs, as well with the variety of payment method. since i dont bother with wire because my country regulation charge much fee on it.
Hi Foti, can you provide some proof of your statements? I trade with Armada for quite some time, recently mostly GBPUSD on UK news announcements and i don't have any problems with slippage. Armada's swaps are actually one of the lowest in the industry so I don't really understand you.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.