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Armada Markets

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Estonia

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2011 (14 Years)

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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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  • Forex Retail BrokerPRIMARY

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TrustFinance Intelligence Agency

Research date: Thg 07 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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