AMP Futures vs ARMO Broker compared

AMP Futures
ARMO Broker

AMP Futures

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score1.2/5.0
  • Account opening score3.2/5.0
  • Fees score4.9/5.0
Good to know
Recommended for
  • investors and traders globally
You can open an account at AMP Futures

ARMO Broker

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score5.0/5.0
  • Account opening score1.7/5.0
  • Fees score3.7/5.0
Good to know
Recommended for
  • equity
You can't open an account at ARMO Broker
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.2

Recommended for Active traders focusing on futures

Overall Score
4.2

Recommended for Investors and traders from Europe interested in global markets

Country of origin

USA

Country of origin

Germany

Fees

Fees score
4.9
Fees score
3.7
Fees summary

Low trading and average non-trading fees

Fees summary

Low stock and ETF fees but high forex, options and futures fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.1
Deposit and withdrawal score
3.5
Number of base currencies

10

Number of base currencies

20

Deposit type

Withdrawal type

Account opening

Account opening score
3.2
Account opening score
1.7
Account opening fully online
Account opening fully online
Minimum deposit
*

$100

*
Minimum deposit
*

$1980

*
Time to open account

1-3 days

Time to open account

1-3 days

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Required documents

Proof of identity: passport, ID card, driver's license Proof of address: bank statement, utility bill, registration certificate, credit card bill

Trading platform

Web platform score
-
Web platform score
4.5
Mobile platform score
-
Mobile platform score
3.5
Desktop platform score
3.0
Desktop platform score
3.0

Markets and products

Markets and products score
1.2
Markets and products score
5.0
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
*
*
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
5.0
Research score
5.0
Charting quality

Great

Charting quality

Great

Education score
4.3
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
3.9
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

No protection

Investor protection amount

€20,000

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2009

Foundation date

2019

Country of regulation

USA

Country of regulation

USA, Ireland, UK, Luxembourg, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore

AMP Futures

For detailed information and hands-on experience, read our review of this broker.

ARMO Broker

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

AMP Futures's service is on par with ARMO Broker's and a comparison of their fees shows that AMP Futures's fees are lower than ARMO Broker's.

Account opening takes less effort at AMP Futures compared to ARMO Broker, deposit and withdrawal processes are about the same quality at AMP Futures, while customer service quality is somewhat better than ARMO Broker's.

Our experts rated the trading platform of AMP Futures as somewhat worse than the platform of ARMO Broker, found that clients have access to much less markets and products with AMP Futures, while ARMO Broker provides just about the same quality of research and education.

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