How to get to your first trade at ARMO Broker?

Reading time: 6 minutes

We know that opening a brokerage account is a huge step, and it might not be your main expertise just yet. But it is ours, as we have opened accounts with over a hundred brokers and analyzed them based on more than 40,000 data points. We are here to help you! So let's jump right in! Registering at ARMO Broker takes only a few minutes and your future self will appreciate the foresight!

To give you a brief summary: ARMO Broker is a Germany-based global stockbroker for investors and traders. It is an introducing broker of Interactive Brokers IE, which is regulated by the Central Bank of Ireland.


  • Signing up just takes 15 minutes on average, while the approval of your account could take 1-3 days
  • You will need to prove your identity and residency with documents. Some examples:
    • Proof of identity: passport, ID card, driver's license Proof of address: bank statement, utility bill, registration certificate, credit card bill
  • ARMO Broker is a reliable broker regulated by a top-tier regulator
  • Visit ARMO Broker's site and start registering now!

First, let's see if ARMO Broker is available in your country?

Visit broker

ARMO Broker account opening
How to get a verified trading account at ARMO Broker?

First you need to fill a registration form to apply for an account. Your application needs time to be verified [1-3 days] after which you can deposit and start trading.

The journey at ARMO Broker

ARMO Broker account opening step-by-step guide

  1. Go to ARMO Broker's website to start the account opening process.
  2. Follow the account opening process: it is self-evident, but you might need help at some point. Don't worry, we cover the main issues here.

Which ARMO Broker account to choose?

If you want to explore the possibilities offered by this broker, you will need to choose an account type, and for that, you should consider how experienced you are in trading and investing.

We have more details about the available account types in our review for you to explore.

Visit broker

Which base currency to choose?

Why does this matter? You can cut your costs.

  • If you fund your trading account in the same currency as your bank account, or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee.
  • A convenient way to save on the conversion fees is by opening a multi-currency bank account at a digital bank, which is fast and easy.

The base currencies at ARMO Broker are: EUR, GBP, USD, CHF, CZK, PLN, DKK, NOK, SEK, AUD, CAD, HKD, HUF, INR, ILS, JPY, MXN, NZD, RUB, SGD.

Once you have filled out the form, uploaded your documents, chose your account type, base currency and finished the trading survey, ARMO Broker will verify your account very shortly.

Why do I need to fill the trading experience survey?

It might seem scary at first, but it is nothing to worry about. This is standard procedure, as brokers need to make sure that you have a basic financial knowledge and you are aware of the risks of trading.

Also don't worry if the broker asks questions about your financial background e.g. your available assets, salary range. This is also part of the risk assesment process - to make sure you don't take on investments and trades you can't afford.

ARMO Broker account opening
How to deposit and start trading at ARMO Broker?

To do your first trade, you have to fund your account. Generally, brokers offer a Bank transfer / ACH / Credit or debit card / E-wallet transfer solution.

This is where you stand at the account opening at ARMO Broker

Is there a minimum deposit at ARMO Broker?

Unfortunately, yes. At ARMO Broker, the minimum deposit amount is $1,980.

This means that you have to deposit at least $1,980 to be able to start trading.

However, if you feel like this service is not your cup of tea: no worries. After depositing, you can opt out and withdraw your funds anytime.

If you received your verification email, you are good to go to fund your account and start investing!

Here's how to start after funding your account:

  • First, check the products on the platform. You can also search for assets using its search tool,
  • Here, you'll see a list of assets by certain categories, like asset classes,
  • Click/tap on an asset to see its chart,
  • After this step, it is easy to specify the transaction size, order types, and terms.

Visit broker

ARMO Broker account opening
Is ARMO Broker safe?

Yes, ARMO Broker can be considered a legit broker, as it is regulated by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will most probably not become a victim of a scam by ARMO Broker.

Throughout the account opening process at ARMO Broker, you won't be required to pay anything to create your account. Also, you can close your account anytime you like.

Every time you are planning to dive into finances, make sure you know who you trust your money with. Make sure that the broker is considered trustworthy. We, at BrokerChooser, only recommend regulated brokers on our site, meaning the broker's operations are overseen by a trusted body.

Visit broker

ARMO Broker account opening

You are awesome for having read through this article! Opening an account might seem cumbersome at first, but the best time to start dealing with your finances is always right now.

We want to help you along the way, so if you are stuck somewhere, have a question, or a suggestion, please drop us an email at [email protected].

Author of this article

Bence András Rózsa

Author of this article

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Bence András Rózsa

Broker Analyst

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology