ARMO Broker
TradeStation
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Investors and traders from Europe interested in global markets
Recommended for Traders focusing on US markets and buy-and-hold investing
Best crypto broker
Germany
USA
Fees
Low stock and ETF fees but high forex, options and futures fees
Low trading fees, average non-trading fees, free stock and ETF trading for US customers
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
20
9
Deposit type
Withdrawal type
Account opening
$1980
$0
1-3 days
1 day
Proof of identity: passport, ID card, driver's license Proof of address: bank statement, utility bill, registration certificate, credit card bill
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
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
Great
Great
Customer service
Security
€20,000
$500,000 (securities up to $500,000, cash up to $250,000)
2019
1982
USA, Ireland, UK, Luxembourg, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore
USA
For detailed information and hands-on experience, read our review of this 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.
ARMO Broker's service is slightly weaker than TradeStation's and a comparison of their fees shows that ARMO Broker's fees are similar to TradeStation's.
Account opening takes considerably more effort at ARMO Broker compared to TradeStation, deposit and withdrawal processes are more seamless at ARMO Broker, while customer service quality is similar to TradeStation's.
Our experts rated the trading platform of ARMO Broker as being of the same quality as the platform of TradeStation, found that clients have access to more markets and products with ARMO Broker, while TradeStation provides somewhat lower-quality research and education.
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