Overview of ARMO Broker fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates ARMO Broker charges.

ARMO Broker commission and other fees
ARMO Broker commission and other trading fees

ARMO Broker has average trading fees in general. We ranked ARMO Broker fee levels as low, average or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether ARMO Broker commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of ARMO Broker commission and other trading fees
ARMO Broker CapTrader Brokerpoint
Stock and ETF Low Low Low
Forex Average Average Low
Fund - Average Average
Bond Low Low Low
Options High High High
Futures High High High
CFD Average Average Average
Financing rate Low Low Low

Now let's go over the trading fees for each asset class one by one.

ARMO Broker stock and ETF commissions, spreads

ARMO Broker stock and ETF commissions are low. ARMO Broker stock and ETF commissions are charged as per the table below.

ARMO Broker stock and ETF commission
ARMO Broker
US stock $0.01 per share with a minimum of $3, but capped at 1.20% of trade value
UK stock 0.12% of trade value with a minimum of £7
German stock 0.12% of trade value with a minimum of €3.90
Indian stock 0.02% of the trade value and min INR 20

You can compare ARMO Broker stock and ETF fees with the two closest competitors.

ARMO Broker stock and ETF commission, spreads vs competitors
ARMO Broker CapTrader Brokerpoint
US stock $3.0 $2.0 $2.0
UK stock $8.9 $9.0 $2.3
German stock $3.9 $4.0 $2.3
Indian stock $0.4 - -

Stock and ETF commissions are calculated for a $2,000 trade

ARMO Broker forex commissions and spreads

ARMO Broker forex fees are average. ARMO Broker forex commissions and spreads for individual currency pairs are charged as per the table below.

ARMO Broker forex commissions and spreads
ARMO Broker
EURUSD fee description 0.4 pips * trade value; minimum $4
GBPUSD fee description 0.4 pips * trade value; minimum $4

Check out how ARMO Broker forex fees compare to its two closest competitors.

ARMO Broker forex fees vs competitors
ARMO Broker CapTrader Brokerpoint
EURUSD benchmark fee $18.7 $18.2 $13.9
GBPUSD benchmark fee $14.7 $14.2 $9.9
AUDUSD benchmark fee $12.4 $11.9 $7.6
EURCHF benchmark fee $8.9 $8.4 $4.1
EURGBP benchmark fee $16.6 $16.1 $11.8

Forex fees are calculated for a $20,000 trade using 30:1 leverage

ARMO Broker bond commissions

ARMO Broker bond commissions are low. The table below contains the description of ARMO Broker bond commissions.

ARMO Broker bond commissions
ARMO Broker
US Treasury bond Order size less than $10,000, 0.1% of the trade value with a minimum of $5
EU government bond Order size less than €50,000, 0.15% of the trade value with a minimum of €5

See how ARMO Broker bond fees stack up against the competition.

ARMO Broker bond commissions vs competitors
ARMO Broker CapTrader Brokerpoint
US Treasury bond $10.0 $5.0 $5.0
EU government bond $10.0 $10.0 $10.0

Bond commissions are calculated for a $10,000 trade

ARMO Broker options commissions

You can see below the description of ARMO Broker options commissions. ARMO Broker options fees are high.

ARMO Broker options commissions
ARMO Broker
US stock index options $3.3 per contract
US stock options 3.3
UK stock index options £3.3 per contract
German stock index options €1.9 per contract

Compare options commissions charged by ARMO Broker with those of CapTrader and Brokerpoint.

ARMO Broker options commissions vs competitors
ARMO Broker CapTrader Brokerpoint
US stock index options $33.0 $35.0 $20.0
US stock options $33.0 $35.0 $20.0
UK stock index options $37.3 $39.6 $33.9
German stock index options $18.8 $19.8 $18.7

Options commissions are calculated for 10 contracts

ARMO Broker futures commissions

You can see below how ARMO Broker futures commissions are charged. ARMO Broker futures fees are high.

ARMO Broker futures commissions
ARMO Broker
US micro e-mini stock index futures $1.25 per contract
UK stock index futures £3.3 per contract
German e-mini stock index futures €1.9 per contract

Compare how the futures commissions of ARMO Broker stack up against those of CapTrader and Brokerpoint.

ARMO Broker futures commissions vs competitors
ARMO Broker CapTrader Brokerpoint
US micro e-mini stock index futures $12.5 $35.0 $20.0
UK stock index futures $37.3 $39.6 $33.9
German e-mini stock index futures $18.8 $19.8 $18.7

Futures commissions are calculated for 10 contracts

ARMO Broker CFD commissions and spreads

ARMO Broker CFD fees are average. ARMO Broker CFD commissions and spreads for different assets are charged as per the table below.

ARMO Broker CFD commissions and spreads
ARMO Broker
S&P 500 CFD fee 0.01% of trade value with $2 min
Europe 50 CFD fee 0.02% of trade value with €2 min
Apple CFD $0.01 per share with $2 min
Vodafone CFD 0.1% of trade value with £4 min

Below you can see how ARMO Broker CFD fees compare with those of CapTrader and Brokerpoint.

ARMO Broker CFD fees vs competitors
ARMO Broker CapTrader Brokerpoint
S&P 500 index CFD fee $5.3 $5.3 $5.3
Europe 50 index CFD fee $6.1 $6.1 $6.1
Apple CFD $2.1 $2.1 $3.1
Vodafone CFD $4.9 $4.9 $4.9

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

ARMO Broker financing rates

ARMO Broker financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how ARMO Broker financing rates compare with those of CapTrader and Brokerpoint.

ARMO Broker financing rates vs competitors
ARMO Broker CapTrader Brokerpoint
EURUSD financing rate 2.7% 2.7% 2.7%
GBPUSD financing rate 1.6% 1.6% 1.6%
S&P 500 CFD financing rate 2.8% 2.8% 2.8%
Europe 50 CFD financing rate 5.3% 5.3% 5.3%
Apple CFD financing rate 5.3% 5.3% 5.3%
Vodafone CFD financing rate 4.5% 4.5% 4.5%

ARMO Broker commission and other fees
ARMO Broker non-trading fees

In addition to trading fees, it's important to see if ARMO Broker charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by ARMO Broker with its two closest competitors.

ARMO Broker non-trading fees vs competitors
ARMO Broker CapTrader Brokerpoint
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No Yes Yes

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

ARMO Broker commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by ARMO Broker and its closest competitors. To learn more about ARMO Broker, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Gyula Lencsés, CFA

Author of this article

Gyula Lencsés, CFA has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has a trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets.

Gyula Lencsés, CFA

Head of content

Gyula Lencsés, CFA has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has a trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets.

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

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