EC markets
- account conditions that permit scalping.
- signal-chart functionality in the software record.
- copy-trading functionality recorded in the platform profile.
7 Best Forex Brokers in Armenia
A low spread is useful, but it is only one part of choosing a broker in Armenia. The CBA publishes licensed investment companies, while dram-to-dollar or dram-to-euro conversion can materially change the cost of funding an offshore account.
This guide compares 7 broker profiles across regulation, costs, leverage, deposits and software. Use the official information from Central Bank of Armenia (CBA) as the starting point for checking authorized investment firms or market intermediaries. A global license shown in a profile should never be read as automatic permission to serve clients in Armenia.
CBA check: Review the exact legal entity and its permitted activities on the Central Bank of Armenia official site or register. A global regulatory record does not by itself prove local authorization or account availability.
Operations are recorded from 2012.
A simulated environment is available for testing the platform before funding.
The operating record begins in 2001.
The lowest recorded opening deposit is $0.
The operating record begins in 2012.
A simulated environment is available for testing the platform before funding.
4
The operating record begins in 2010.
The account information records a minimum spread of 0.1 pips.
5
The operating record begins in 2004.
The profile records 7 regulated entries under ASIC, NFA, MAS, FSA.
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Forex Broker
License
Minimum Spread
Maximum Leverage
Minimum Deposit
Open Account
Details
Compare
8.71
Regulated
-
1. APAC :up to 1:2000 GS : up to 1:500 FCA Retail : up to 1:30 ASIC Retail : up to 1:30
-
Why These Brokers Stand Out for Traders in Armenia
CMC MARKETS
- 6 regulated entries: ASIC, FCA, FMA, MAS, CIRO.
- a maximum leverage entry of 1:200, subject to local retail limits.
- 2 documented account configurations.
vantage
- a maximum leverage entry of 1:2,000, subject to local retail limits.
- a minimum spread recorded at 0 pips.
- account conditions that permit scalping.
HANTEC MARKETS
- account conditions that permit scalping.
- 3 documented account configurations.
- a simulated-trading environment for order practice.
FOREX.com
- recorded mobile trading access.
- an average slippage record of 0.4.
- account conditions that permit scalping.
Fusion Markets
- a minimum spread recorded at 0 pips.
- account conditions that permit scalping.
- 2 listed platform types, including MT4, MT5.
SBI
- 5 listed platform types, including Self-developed, Android, Windows, IOS.
- a simulated-trading environment for order practice.
- an operating record beginning in 2007.
EC markets
Regulators: FCA, FMA, ASIC, FSCA.
Broker summary: The operating record begins in 2012. 4 regulated entries are listed under FCA, FMA, ASIC, FSCA. Expert adviser support is recorded for account-level automation.
Advantages
- A useful comparison point is account conditions that permit scalping.
- For account screening, the record offers signal-chart functionality in the software record.
- One practical detail is copy-trading functionality recorded in the platform profile.
- The available information adds recorded mobile trading access.
- For preliminary due diligence, note a minimum spread recorded at 0 pips.
Points to consider
- No biometric login (e.g., fingerprint/Face ID).
- Funding routes and local availability can change; confirm country eligibility before funding.
CMC MARKETS
Regulators: ASIC, FCA, FMA, MAS, CIRO.
Broker summary: Operations are recorded from 2001. 6 regulated entries are listed under ASIC, FCA, FMA, MAS, CIRO. The account information records a minimum spread of 0 pips.
Advantages
- A second verifiable point is 6 regulated entries: ASIC, FCA, FMA, MAS, CIRO.
- The profile also brings a maximum leverage entry of 1:200, subject to local retail limits.
- For a side-by-side review, consider 2 documented account configurations.
- One account-selection factor is a simulated-trading environment for order practice.
- The documented setup provides an average slippage record of 0.1.
Points to consider
- Several disclosures require individual review.
- Funding routes and local availability can change; check the available payment routes first.
vantage
Regulators: ASIC, FSCA.
Broker summary: Operations are recorded from 2012. 2 regulated entries are listed under ASIC, FSCA. The trading-environment record includes average execution of 390.3 ms.
Advantages
- A practical item to verify is a maximum leverage entry of 1:2,000, subject to local retail limits.
- The service record contributes a minimum spread recorded at 0 pips.
- Another concrete detail is account conditions that permit scalping.
- The profile makes it possible to compare a minimum deposit recorded at $50.
- For planning purposes, there is 2 regulated entries: ASIC, FSCA.
Points to consider
- No biometric login (e.g., fingerprint/Face ID).
- Funding routes and local availability can change; verify access with the exact legal entity.
HANTEC MARKETS
Regulators: FCA.
Broker summary: Operations are recorded from 2010. 1 regulated entry is listed under FCA. 3 account types are documented.
Advantages
- One trading-related detail is account conditions that permit scalping.
- The account review can take into account 3 documented account configurations.
- The platform record adds a simulated-trading environment for order practice.
- A relevant comparison item is a minimum deposit recorded at $10.
- The operating profile contributes an average execution record of 754 ms.
Points to consider
- Expect slow response times from customer support.
- Funding routes and local availability can change; review the current onboarding terms before depositing.
FOREX.com
Regulators: ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC.
Broker summary: Operations are recorded from 2004. 7 regulated entries are listed under ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC. 3 account types are documented.
Advantages
- The technical review can use recorded mobile trading access.
- Before funding, it is useful to note an average slippage record of 0.4.
- The available terms set out account conditions that permit scalping.
- The trading setup includes a minimum spread recorded at 0 pips.
- The account profile contributes 3 documented account configurations.
Points to consider
- Several disclosures require individual review.
- Funding routes and local availability can change; confirm withdrawal and funding options in advance.
Fusion Markets
Regulators: ASIC.
Broker summary: The profile traces its history to 2019. 1 regulated entry is listed under ASIC. Trading access is recorded through MT4, MT5.
Advantages
- The recorded feature mix contains a minimum spread recorded at 0 pips.
- A cost-and-access review can consider account conditions that permit scalping.
- The regulatory review can use 2 listed platform types, including MT4, MT5.
- The account information includes a minimum deposit recorded at $0.
- The trading record provides an operating record beginning in 2019.
Points to consider
- No biometric login (e.g., fingerprint/Face ID).
- Funding routes and local availability can change; confirm country eligibility before funding.
SBI
Regulators: FSA.
Broker summary: The profile traces its history to 2007. 1 regulated entry is listed under FSA. A simulated environment is available for testing the platform before funding.
Advantages
- For risk screening, a useful fact is 5 listed platform types, including Self-developed, Android, Windows, IOS.
- The software record adds a simulated-trading environment for order practice.
- A pre-trade checklist can include an operating record beginning in 2007.
- The account comparison benefits from 1 regulated entry: FSA.
- The available profile fields include recorded mobile trading access.
Points to consider
- Several disclosures require individual review.
- Funding routes and local availability can change; check the available payment routes first.
Forex Trading in Armenia: Frequently Asked Questions
Which forex broker is best for a trader in Armenia?
EC markets leads this comparison, with 4 regulated entries and 5 listed platform types in its profile. The right choice still depends on the legal entity, CBA status, account currency, costs, platform and whether the broker accepts residents of Armenia.
Is online forex trading legal in Armenia?
Investment and brokerage services require authorization. Check the firm and its permitted activities with CBA, then confirm that the named legal entity accepts residents of Armenia.
How should I verify a broker in Armenia?
Start with the official Central Bank of Armenia site or register, then match the company name and license number to the client agreement and broker website. A license held by another company in the same group does not automatically protect your account.
Which trading platforms are available?
MT5, Self-developed, MT4, IOS, Android, Web, Windows appear in the compared profiles. Confirm desktop, web and mobile access on the specific account because platform support can differ by jurisdiction.
How much money is needed to start?
The lowest recorded figure in this comparison is $0, but a minimum deposit is not a recommended trading balance. Allow room for margin, costs and adverse movement without relying on maximum leverage.
What should I know about deposits and withdrawals?
Confirm whether the account supports Armenian dram (AMD), which banks or payment providers are accepted, the conversion rate, withdrawal fees and the rule requiring funds to return to the original source. A small deposit-and-withdrawal test can reveal practical limits before a larger transfer.
How much leverage should a retail trader use?
Use less than the maximum and size each position from a predetermined loss limit. The amount displayed in a global profile may not be available on the entity serving your country. Leverage magnifies both market losses and the effect of slippage.
About WikiFX
WikiFX is an independent broker-information platform that brings together regulatory records, license details, account conditions, trading-environment data and user reports. Check the latest information with the relevant regulator and legal entity before opening or funding an account.
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