Review Score
Platform
Pricing
Customer service
Features

Armada Markets

Minimum deposit ($)
300.0
Commission
2.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
100.0
Spread
Variable
Broker type
STP, ECN
Maximal leverage (1:?)
500
Phone
+372 686 3163
Fax
-
Availability
Phone, Chat, Email
Address
Roosikrantsi 2, 10119 Tallinn, Estonia
Regulation
MKM (Estonia)
Trading Platforms
MetaTrader 4
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Moneybookers, Neteller
Account Currency
USD, GBP, EUR, JPY, PLN
Languages
English, Japanese, Russian, Chinese, Bangla, Estonian, Polish, Indonesian
Country
Estonia
International offices
Estonia
Trading platform(s) timezone
(GMT) Western Europe Time, London, Lisbon, Casablanca
Other trading instruments
-
Armada Markets User Reviews
Armada Markets User Reviews
kratinov
Member Since Apr 19, 2012   1 posts
May 03, 2013 at 09:40
I'm over 15 years on fx market and well know all MetaQuotes platforms, and trust me, ArmadaMarkets team and MT4 are realy the best from all brokers you can find ..... !!! Thank you Armada for fair play ! The best the best MetaTrader broker you ever seen !!
Member Since Oct 18, 2012   31 posts
May 01, 2013 at 17:19
StHarmonTrader, your are bashing a br0ker here that in my opinion provides one of the best service for Forex traders. You claim they have freezed your platform, deleted trades on your account, etc, etc. Now you say that they don't even answer your e-mails even though Armada has answered my e-mails even on Saturdays and Sundays.

And when I ask you to provide a proof of all this unfounded shit that you are throwing at a good br0ker, you say that you are not wasting your time?

Next time you come to MyFXBook and start bashing Armada or any other good br0ker, try to be at least honest and give some proof. Then we have at least something to discuss. Otherwise you really are a big waste of time.
Member Since Feb 26, 2013   18 posts
May 01, 2013 at 08:19
Wait all you want. Firstly I won't be busting my ass just to prove to you. I really hope that you will have the same problem yourself so you will have only yourself to blame. And secondly their customer service sucks. I wrote an email on different matter and had no reply, so since then I was contacting them only via live chat. And that was my final reply to you. I am not wasting any more second of my time on an ignorant person that you are.
Member Since Oct 18, 2012   31 posts
May 01, 2013 at 06:14
StHarmonTrader posted:
How can I post a proof of that failure? Its nearly impossible. I have no intention to lie here. What for? Go ahead stick with them untill you loose all your money. Not only there was a freeze for a long period of time during which I don't know where you were (may be you were picking your nose) but they also had a situation when half of my orders dissapeared and then appeared again and then again dissapeared. Out of few brokers that I know, that is had LIVE accounts with, armada was the worst. At first glance yes they have good spreads etc, but because what happened with me that day I immediately withdrew all the remains and never looked back and do not recommend anyone to go through this experience. That was absolutely horrible.

p.s. be careful when you say BS, may be thats what you are going to be fed by that broker soon. I am not naming good brokers. Find out by yourself, you prick!

So half of your orders disappeared? Really?

Well you must have then sent a complaint letter to Armada. Post it here and also the answer that you received from them. Let's all analyze it here. I mean, aren't we all for truth here?

I'm waiting...
Member Since Jun 26, 2012   192 posts
Apr 30, 2013 at 10:31
whaley, arent u working with armada?!!
Member Since Feb 26, 2013   18 posts
Apr 30, 2013 at 10:28
How can I post a proof of that failure? Its nearly impossible. I have no intention to lie here. What for? Go ahead stick with them untill you loose all your money. Not only there was a freeze for a long period of time during which I don't know where you were (may be you were picking your nose) but they also had a situation when half of my orders dissapeared and then appeared again and then again dissapeared. Out of few brokers that I know, that is had LIVE accounts with, armada was the worst. At first glance yes they have good spreads etc, but because what happened with me that day I immediately withdrew all the remains and never looked back and do not recommend anyone to go through this experience. That was absolutely horrible.

p.s. be careful when you say BS, may be thats what you are going to be fed by that broker soon. I am not naming good brokers. Find out by yourself, you prick!
Member Since Oct 18, 2012   31 posts
Apr 30, 2013 at 06:53
StHarmonTrader and pedroroberto, honestly we are all tired of your BS here.

You say there are freezes? Post a proof here.
You say there are gaps? Well, post a screenshot here.
You say there are brokers more reliable than Armada Markets? Are you kidding? Well, but let's say it is true what you are saying. Can you name 1 or 2 brokers who are more reliable?

From my experience with Armada I see that you are both full of BS.

I'm sticking with Armada. 😎
Member Since Jun 26, 2012   192 posts
Apr 22, 2013 at 10:24
amazing... a member since 19 april... first post after short time just to support armada... does that indicate anything!!
Member Since Apr 19, 2013   4 posts
Apr 22, 2013 at 08:37
I've used Oanda, Alpari, Admiral Markets, Pepperstone but Armada Markets has impressed me the most. Their customer service is so fast. You usually get replied instantly via email. The put my deposit on my trading account in just 15 minutes and confirmed the withdrawal in less than an hour. What a speed! I love that they execution of orders it's just superfast. Keep up the good work guys!
Member Since May 10, 2011   20 posts
Apr 16, 2013 at 16:47
Look at 1 minute chart and you will see the gaps I'm talking about.
Also check with a clock indicator with seconds and see it freezing.
Ok, I am talking of a Classic Account, but is not the same server?
Member Since Feb 26, 2013   18 posts
Apr 16, 2013 at 16:22
These days there are tonns of brokers with good spreads. I am looking at reliability and good customer service. And Armada is very unreliable.
Member Since May 10, 2011   20 posts
Apr 16, 2013 at 16:17 (edited Apr 16, 2013 at 16:25)
Whaley posted:
Pedroroberto, what were you smoking when you wrote this thing? It's total crap.

I'm trading with this broker for quite a long time now and can confirm that it is not true what you are saying.
Or you don't understood what I have said, or you are the smoker. Please read carefully.
Member Since Mar 27, 2013   2 posts
Apr 16, 2013 at 16:08
Also, the great margin between your order and a stop loss, a minimum of 5 pips
Member Since May 10, 2011   20 posts
Apr 16, 2013 at 15:49
greender posted:
He maybe open Classic account. Spread is good for Exchange account.
Who was speaking about the spread? not me.
Member Since Mar 27, 2013   2 posts
Apr 16, 2013 at 15:35
He maybe open Classic account. Spread is good for Exchange account.
Member Since Feb 26, 2013   18 posts
Apr 16, 2013 at 15:35
No, the broker sucks. And big time. Go on, continue risking your money. I hope its not too late when you realize you were wrong.
Member Since Oct 18, 2012   31 posts
Apr 16, 2013 at 07:56
Pedroroberto, what were you smoking when you wrote this thing? It's total crap.

I'm trading with this broker for quite a long time now and can confirm that it is not true what you are saying.
Member Since May 10, 2011   20 posts
Apr 15, 2013 at 12:15
I have opened a Classic account on this guys.
Is the worst server I have found, full of gaps, freezing all the time, not reliable.
Also, the great margin between your order and a stop loss, a minimum of 5 pips, Oanda is 0 and Alpari is 3. That means you can only make a breakeaven after 5 pips in your favor.
Also very slow on order execution, I have spent 1 minute to close 2 orders.
Not for serious traders.
Member Since Feb 26, 2013   18 posts
Apr 03, 2013 at 09:52
I had alpari and another broker on the same computer. When all that was happening on Armada terminal for about 30 minutes or even more alpari and other brokers were fine.
Member Since Oct 18, 2012   31 posts
Apr 03, 2013 at 04:32
The issue on 18 Mar was caused not by Armada but by Metaquotes latest update. The same thing caused some issues at Alpari where I have also demo, and many other brokers. I hope Armada Markets will soon introduce its own platform that be better than Metatrader. Has anybody already experienza with the FIX connection they introduced? Muchas gracias, amigos!
Armada Markets User Reviews

Add a Review

Sign In / Sign Up to submit your review
You must have an active trading account connected to Myfxbook in order to create a review.
Platform
Pricing
Customer service
Features
* Commercial use and spam will not be tolerated, and may result in account termination.