Thursday 10 July 2014

Tickmill - My Favorite Broker

[Update]: Armada Markets has been rename to Tickmill

Everyone has a favorite, a favorite this, a favorite that, a favorite something ..

For a trader, I've been asked all the time which is my favorite broker; hence I've decided to write a few words about my favorite broker and why. For those who are considering a broker do read on.

The notes below were written when the broker was still known as Armada Markets. Armada Markets have been rebranded and renamed to Tickmill. The management and team stayed the same only the name has been changed.

All links and IB were updated to Tickmill.

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My favorite broker is Armada Markets. I like it so much that I have decided to take the effort to setup an Introducing Broker (IB74772223) service to benefit those who are considering benefiting from this broker. Those who subscribe to Armada through the link below, will instantly receive a 5% off their trade commission. It is like receiving a 5% rebate for the commission you have to pay to the broker when a position is open. 20 cent rebate for 100,000 unit / 1 lot traded maybe a small amount; but who would complain about actually getting rebate on fees paid for great services. [Register Here]



There are so many reason why I love Armada Markets, below are some that I believe is more important than anything else..

1 - Very low/small spread
  • Armada Market have one of the smallest spread I've experience. EURUSD having spread of 0.0 pips. The spread does hold out much better than some of the other broker during major news like NFP.
http://www.myfxbook.com/forex-broker-spreads

2 - Very small commission for low spread ECN
  • It only cost $2 for every 1 lot traded. a profit of 1 pip per lot is $10, with 0.0 pips spread is well worth the cost. Very good for short term trader and scalping trading strategy.

3 - Responsive and helpful support team from Armada
  • I have contacted them several time, and they have always been responsive be it by email or by online chat. They have one of the most helpful support team.

Armada Market Details:
Company: Armada Market Ltd.
Year Open: 2011
Execution Type: CMA, NDD, STP
Commission: Yes, only on Exchange Account
Spreads: As low as 0.0 pips for Exchange Account
Platforms: MT4
Min Trade Size: 0.01 Lot
Max Leverage: 1:500
Min Initial Deposit: $100.00
Accept US Client: No
Account base currency: USD, EUR, GBP, JPY
Deposit Method: Skrill, Neteller, Credit Card, Bank Wire
Withdrawal Methods: Skrill, Neteller, Credit Card, Bank Wire
Hedging: Yes

Leave a remark if you have further question on my Favorite broker or how the IB74772223 service would help you save money when trading with Armada Markets.

-DC

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