Is ARMO Broker regulated by the FCA?

Are you planning to open a trading account with ARMO Broker but you are uncertain if the firm is overseen by the Financial Conduct Authority (FCA)?

ARMO Broker is not regulated by the FCA and doesn’t accept clients from the United Kingdom. Check out the best alternatives to ARMO Broker that are available to UK residents further down.

Our team at BrokerChooser has extensively tested the services of over 100 brokers worldwide by opening real-money accounts and executing live trades on their platforms. We have compiled the top alternatives to ARMO Broker that provide exceptional trading experiences for investors in the UK.

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Is ARMO Broker legit?

ARMO Broker is considered reliable as it has multiple top-tier regulation, including FCA in the UK and CBI in Ireland.

Why is FCA regulation important?

The FCA is widely considered as one of the top-tier regulators in the brokerage world. To obtain FCA authorization, each firm must demonstrate that they meet a range of stringent requirements. Failure to meet these requirements usually triggers timely and strict enforcement procedures and may result in the entity losing its license.

How can I verify if my broker is FCA regulated?

You should cross-check your broker's regulatory status on the FCA's official website. If your broker is regulated by several regulators, check which entity is authorized by the FCA and sign up with that entity. If you are not a UK citizen, this may not always be possible due to legal restrictions. Check out our comprehensive guide on how to verify FCA regulation.