Overview of ARMO Broker fees and charges
It's safe to say that ARMO Broker's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use ARMO Broker even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of ARMO Broker's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Low | $0.01 per share with a minimum of $3, but capped at 1.20% of trade value |
| EURUSD fee | Average | 0.4 pips * trade value; minimum $4 |
| US tech fund fee | Average | $14.95 per transaction or 3% of trade value, whichever is lower |
| Inactivity fee | Low | No inactivity fee |
Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at ARMO Broker. To check and compare fees at other brokers, go to our main Fee calculator page.
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ARMO Broker fees
ARMO Broker fees explained
We compare ARMO Broker fees with its closest competitors, CapTrader and Brokerpoint.
ARMO Broker fees
ARMO Broker trading fees
ARMO Broker's trading fees are mid-tier which means you need to pay special attention to asset classes with high trading fees.
Let's break down the trading fees into the different asset classes available at ARMO Broker.
Trading fees
ARMO Broker's trading fees are low.
Stock fees and ETF fees
ARMO Broker has low stock trading fees.
| 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 |
Forex fees
ARMO Broker's forex fees are average.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| EURUSD benchmark fee | $18.8 | $18.3 | $14.0 |
| EURGBP benchmark fee | $16.8 | $16.3 | $12.0 |
Fund fees
ARMO Broker fund fees are average.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Mutual fund | $15.0 | $15.0 | $15.0 |
| EU mutual fund | - | - | - |
Bond fees
ARMO Broker has low bond fees.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| US Treasury bond | $10.0 | $5.0 | $5.0 |
| EU government bond | $10.0 | $10.0 | $10.0 |
Options fees
ARMO Broker's options fees are high.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| US stock index 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 |
Futures fees
ARMO Broker's futures fees are average.
| 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 |
CFD fees
ARMO Broker has average CFD trading fees.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Apple CFD | $2.1 | $2.1 | $3.1 |
| Vodafone CFD | $5.4 | $5.4 | $5.4 |
| Germany | - | - | - |
Financing rates
ARMO Broker financing rates are low.
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Apple CFD financing rate | 5.3% | 5.3% | 5.3% |
| Vodafone CFD financing rate | 4.5% | 4.5% | 4.5% |
| EURUSD financing rate | 2.7% | 2.7% | 2.7% |
| EURGBP financing rate | 2.1% | 2.1% | 2.1% |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
ARMO Broker will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.4 pip * trade value; min. $4.
ARMO Broker fees
ARMO Broker non-trading fees
When it comes to looking at all the non-trading fees ARMO Broker is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at ARMO Broker that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | Yes | Yes |
| Account fee | No | No | No |
ARMO Broker fees
ARMO Broker deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and ARMO Broker is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods ARMO Broker offers.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | No | No | No |
| Deposit fee | $0 | $0 | $0 |
ARMO Broker fees
ARMO Broker withdrawal fee
Unlike some online brokers we have reviewed ARMO Broker does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| ARMO Broker | CapTrader | Brokerpoint | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
ARMO Broker fees
ARMO Broker inactivity fee
ARMO Broker does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
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