Armada Markets Reviews

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Broker information

Armada Markets Forex broker reviews

    Armada Markets no longer provides services to individuals. Tickmill took over individual traders.

  • Website:
  • Year since: 2011
  • Headquarters: Tallinn, Estonia
  • Company registration: Armada Markets AS, part of Spada Capital Group, Estonia
  • Regulation: Ministry of Economics, Estonia (license FRA000029 and VVT000289).
  • Notes: Armada Markets is an IB for LMAX.

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I trade with couple of Forex brokers. Armada Markets is one of them. I like their professional approach. They provide no stupid bonuses but provide fast trading, deposits and also withdrawals. I think their Forex spreads are one of the lowest in world. Vse bole-mene horosho!

To Sandeetrade from India:
We have not anybody from India withdrawing $2,291. We kindly ask some of our Asian competitors to focus on their trading conditions and customer service rather than posting fake reviews here against Armada Markets. Thank you.

Andres from Armada Markets

Over the past 2 months we have not had anybody from Spain withdrawing their funds. So we would kindly ask this person to find some honesty and not to post the same message on different public review sites. Please be honest and do not lie about other people of companies. Thank you.

Andres from Armada Markets



Armada Markets is traders who can understand that to make profits you need low spreads and fast execution. Good client support and cool and easy homepage.


Wow, my account was losing money and they contacted me. They gave me good examples how to become profitable and pointed out what I was doing wrong in my trading. I have now made back all of my losses. Great broker and great people.



Everything is like they advertise so far, if something change I let you now. I like competition between brokers, armadamarkets has so far best trading conditions that are suitable for me.