Armada Markets

  • Name:Armada Markets
  • Website:http://www.armadamarkets.com/
  • Location:Estonia
  • Found in:2011
  • Regulation Authority:Estonian Ministry of Economic Affairs and Communications
Editorial Rating:
3.60
Accept US Traders:
No

ArmadaMarkets.com

Like the Spanish Armada sailing forth to tackle the English navy, Armada Markets has stormed the currency exchange market since its inception in 2011. Despite being docked in Estonia this broker is capable of serving customers across the world through accounts based in Euros, GB Pounds, US Dollars and Polish Zloty. To help further aid this Forex broker’s push across Europe is an online platform that’s legible in English, Estonian, Polish and Russian.

This diversity, both in terms of a trader’s account currency and the site’s language, not only makes it more accessible for users, but helps reduce their costs. Currency exchange rates are not only significant in Forex trading because that’s the nature of the industry but in terms of conversion rates.  Indeed, depositing and withdrawing money usually requires a conversion from one currency to another, so if a site can reduce the need for this by offering multiple base currencies it can help improve a trader’s profitability.

ArmadaMarkets.com’s Special FX:

Down in the Forex battlefield you need a lot of ammunition to suppress the competition and at Armada Markets speed it the key. Instead of wheeling out the heavy artillery, Armada has created a platform that is “faster than Ferrari”.

By developing One-Click Trader as an attachment for MetaTrader 4, this broker is able to speed up the investment process of users. By linking up with MT4, One-Click Trader gives users the ability to execute orders, check their profit/loss and place limits much faster than normal.

On top of this custom software, Armada Markets offers up a $500 bounty each month for its top trader. Based on the amount of profit an investor makes, as well as the risks they’ve taken, the competition pays out an instant cash bonus every month; something many sites aren’t able to do.

The Essentials:

Utilising MetaTrader 4 and adding its own software, Armada Markets is able to offer in-chart trading, live streams and tight spreads. Indeed, because this broker has created a platform that’s based on speed, there’s much less scope for re-quotes or slippage and this makes it a much more profitable environment for traders.

Sitting alongside MetaTrader 4 and One-Click Trader, Armada Markets offers two main accounts:

Classic Account:
Minimum account size = $100
Minimum position size = 0.01 lot
Variable spreads typically from 0.9 pips (minimum 0.6 pips)
Scalping and Expert Advisors are allowed.
Leverage = 1:500
Digits quoted after the comma = 5
Margin call level = 100%
Stop-out level = 30%
Number of currency pairs available = 30 (including 8 exotics)

Exchange Account:
Minimum account size = $300
Minimum position size = 0.01 lot
Variable spreads typically from 0.3 pips (minimum 0 pips)
Scalping and Expert Advisors are allowed.
Leverage = 1:500
Digits quoted after the comma = 5
Margin call level = 100%
Stop-out level = 30%
Number of currency pairs available = 30 (including 8 exotics)

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