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Office: 63 Chulia Street, OCBC Centre East, #15-01, Singapore, 049514
Main contacts:
[email protected]-Technical supports and inquiries
[email protected]-Free online reputation consulting services
[email protected]-Sales inquiries
Business Hours: Mon. - Fri. (11.00-19.00)
Time zone (Singapore)
DMCA.com Protection Status
Copyright © TrustFinance 2026 | V.2.0

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. Please do your own research before investing.

Forex
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Armada Markets

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Estonia

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE
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--/40
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Markets.com

Markets.com

(326 reviews)

foundedInUnited States

2008

(18 years)

Security Information :

FSCA

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Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

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Mac 12, 2024

This broker is closed.

Company Information

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Get to know Armada Markets

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Company Information

Get to know Armada Markets

Founded in 2011, Armada Markets was a forex and CFD brokerage firm that provided trading services to both retail and institutional clients globally. The company was known for its ECN/STP execution model, offering tight spreads and fast execution speeds on the MetaTrader 4 platform. Regulated by the Estonian Financial Supervision Authority (FSA), it built a reputation for transparency and a client-centric approach. In early 2015, the company was acquired by the management of Tickmill Ltd (formerly Vipro Markets), and its operations, brand, and client base were subsequently merged into the Tickmill brand.

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TrustFinance Intelligence Agency

Research date: Jul 14, 2025

Estonia-based broker Armada Markets is shifting its focus from retail to institutional trading, moving its retail clients to a new Seychelles-regulated entity called Tickmill Ltd. This change follows regulatory warnings from financial authorities in Poland and Estonia regarding its operations. Armada Markets aims to enhance its services and expects significant trading volumes in the upcoming months.

Estonia-based broker Armada Markets is shifting its focus from retail to institutional trading, moving its retail clients to a new Seychelles-regulated entity called Tickmill Ltd. This change follows regulatory warnings from financial authorities in Poland and Estonia regarding its operations. Armada Markets aims to enhance its services and expects significant trading volumes in the upcoming months.

Armada Markets, an Estonia-based broker, reported a record trading volume of $20.5 billion in September 2014, marking a nearly 100% year-over-year growth. The company also recorded a net profit of €0.87 million for the first half of 2014. Despite the low volatility in the market, Armada Markets has seen consistent growth in client numbers and trading volumes. The CEO expressed optimism about future growth, projecting monthly trading volumes to reach between $25-$35 billion within the next 6-9 months. The financial figures are audited, but claims of volume growth are not independently verified.

Armada Markets, an Estonia-based broker, reported a record trading volume of $20.5 billion in September 2014, marking a nearly 100% year-over-year growth. The company also recorded a net profit of €0.87 million for the first half of 2014. Despite the low volatility in the market, Armada Markets has seen consistent growth in client numbers and trading volumes. The CEO expressed optimism about future growth, projecting monthly trading volumes to reach between $25-$35 billion within the next 6-9 months. The financial figures are audited, but claims of volume growth are not independently verified.

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