- equity trading
Regulated by top-tier financial authorities
870 people chose this broker in the last 6 months
ARMO Broker review summary
ARMO Broker is a Germany-based global stockbroker for investors and traders. Thanks to its link to Interactive Brokers, ARMO Broker provides access to a wide range of products and offers several great research tools. Also, it has an easy-to-use and well-designed web trading platform. We recommend this broker mainly for advanced traders because the account opening process is complicated and the desktop trading platform is not so simple to use. In addition, the broker charges high fees for derivatives products, such as options and futures. Broker Chooser gave ARMO Broker a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account.
Is ARMO Broker a legit broker?
See how ARMO Broker is regulated and whether you should have any concerns using it.
ARMO Broker pros and cons
ARMO Broker main highlights
🗺️ Country of regulation
USA, Ireland, UK, Luxembourg, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore
💰 Trading fees class
💰 Inactivity fee charged
💰 Withdrawal fee amount
💰 Minimum deposit
🕖 Time to open an account
💳 Deposit with bank card
👛 Depositing with electronic wallet
💱 Number of base currencies supported
🎮 Demo account provided
🛍️ Products offered
Stock, ETF, Forex, Fund, Bond, Options, Futures, CFD, Crypto
ARMO Broker has low stock and ETF fees and charges no inactivity fee. On the other hand, the fees for trading options and futures are high.
ARMO Broker’s account opening process is fully digital. However, there is a high minimum deposit and the account opening process is a bit complicated.
Deposit and withdrawal
ARMO Broker offers one free withdrawal per month and has a decent selection of account base currencies. However, it doesn’t accept credit/debit cards or electronic wallets.
Web trading platform
ARMO Broker’s web trading platform is user-friendly, has a clear fee report and is accessible via a safe two-step login process.
Markets and products
Through ARMO Broker, you can access a wide range of markets, and all product types are available to trade.