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.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Stock and ETF | Low | Low | Low |
| Forex | Average | Average | Low |
| Fund | Average | Average | Average |
| Bond | Low | Low | Low |
| Options | High | High | High |
| Futures | Average | 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 | |
|---|---|
| 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 | CapTrader | Brokerpoint | |
|---|---|---|---|
| US stock | $3.0 | $2.0 | $2.0 |
| UK stock | $9.8 | $9.9 | $2.5 |
| German stock | $4.2 | $4.3 | $2.5 |
| 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 | |
|---|---|
| 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 | CapTrader | Brokerpoint | |
|---|---|---|---|
| EURUSD benchmark fee | $18.8 | $18.3 | $14.0 |
| GBPUSD benchmark fee | $14.8 | $14.3 | $10.0 |
| AUDUSD benchmark fee | $13.0 | $12.5 | $8.2 |
| EURCHF benchmark fee | $9.2 | $8.7 | $4.4 |
| EURGBP benchmark fee | $16.8 | $16.3 | $12.0 |
Forex fees are calculated for a $20,000 trade using 30:1 leverage
ARMO Broker fund commissions
ARMO Broker fund commissions are average. The table below shows how ARMO Broker fund commissions are calculated.
| ARMO Broker | |
|---|---|
| Mutual fund | $14.95 per transaction or 3% of trade value, whichever is lower |
Check out how ARMO Broker fund fees compare with the competition.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Mutual fund | $15.0 | $15.0 | $15.0 |
Fund commissions are calculated for a $2,000 trade
ARMO Broker bond commissions
ARMO Broker bond commissions are low. The table below contains the description of 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 | 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 | |
|---|---|
| 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 | 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 | $40.9 | $43.4 | $37.2 |
| German stock index options | $20.3 | $21.4 | $20.2 |
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 average.
| 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 | CapTrader | Brokerpoint | |
|---|---|---|---|
| US micro e-mini stock index futures | $12.5 | $35.0 | $20.0 |
| UK stock index futures | $40.9 | $43.4 | $37.2 |
| German e-mini stock index futures | $20.3 | $21.4 | $20.2 |
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 | |
|---|---|
| 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 | CapTrader | Brokerpoint | |
|---|---|---|---|
| S&P 500 index CFD fee | $5.3 | $5.3 | $5.3 |
| Euro Stoxx 50 index CFD fee | $6.5 | $6.5 | $6.5 |
| Apple CFD | $2.1 | $2.1 | $3.1 |
| Vodafone CFD | $5.4 | $5.4 | $5.4 |
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 | 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% |
| Euro Stoxx 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 | 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.
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