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Armada Markets

  • Post #41
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  • Edited 1:28pm Apr 6, 2012 1:18pm | Edited 1:28pm
I was at computer during today's NFP. As I had seen the spread is as largest just in about 1 or 2 ticks at 10(?) pips.
Quoting internlin
I was at computer during today's NFP. As I had seen the spread is as largest just in about 1 or 2 ticks at 10(?) pips.
Yeah, spread went up to 20.1 pips for a few ticks, see attached tick log for the minutes around the release.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2012-04-06 at 18.32.19.png Size: 39 KB
Attached File(s)
File Type: csv Tick Log.csv   27 KB | 219 downloads
@rooicol,

wow, what is the tool you use? which can log the spreads... it's great for me.
Quoting internlin
I'm in Taiwan, and this is my NFP on eur/usd (real account).
I have open a account with Armada,wish it is ok.
I'm in China.
why this thread isnt on broker forum?
I also rate it is not very great so far, I asked them for their ping address so I could ping their server but the wouldnt give it to me as they mention security? Seems like another avoidance, I will look elsewhere.

Quoting duxis
their PrimeXM bridge is completly unreliable.

During NFP (even one hour later)

demo account.

http://i41.tinypic.com/23ubn9i.jpg
Tracking the Specialists.
dumped this broker after 2days using it..
unreliable
Quoting torkay77
i am trying out armada markets on demo...is this one of these scam brokers hunting for clients stops?

this huge spike on the last candle is not confirmed by my other 4 brokers weither live or demo

I also stopped using their demo offering after a day, terrible execution, their customer service deny any complaints. Next...
Tracking the Specialists.
Quoting profitmonit
At the end of next week i'l write here was they angry or not (and how safe are my money)
Profitmonit, are you still with Armada Markets? How did you find them?
Tracking the Specialists.
Quoting Connected
I also rate it is not very great so far, I asked them for their ping address so I could ping their server but the wouldnt give it to me as they mention security? Seems like another avoidance, I will look elsewhere.
you can check ping internally, by right click on "Accounts" and select "Open New Account", then click next...

it will show the demo servers, and you can click on the "SCAN" button to see what the access time is to their demo servers.

then click "Cancel" to back out of "New Account" window.
Quoting rooicol
Yeah, spread went up to 20.1 pips for a few ticks, see attached tick log for the minutes around the release.
Hi Rocio, did you make this tick/spread log indi? Is it available somewhere? Thank you.
Quoting ffjbentz
Hi Rocio, did you make this tick/spread log indi? Is it available somewhere? Thank you.
Here
I'm trading them for 2 weeks now, my experience is really very good. My stops are 12p (in 4 digits and 120 in 5 digits) and often my takes are 5-7 pips, trading profitably for now and they don't make any problems yet. I find them rather good (really love their spreads), if i'll further trade profitably we'll see how are there withdrawals.
Aut cum scuto, aut in scuto
As expected, they do not accept U.S. traders.
Hi all,

I have been checking this thread and a lot of other threads on Armada markets mt4 and lmax and have a live account with them since past month or so, below is my review ......

They have fast response time like when you measure there servers response in EXTEST Forexpat it gives good fast result mine was around 200 - 249 ms , but as he month went by i noticed something very strange with them , their stoploss can slip by 6-7 pips , yes its 6-7 pips sometimes , in one month i have had 2-3 trades where stops slipped by about 7 pips, if i compare this with pepperstone they generally slip by 3-5 points ( a point is 1/10 of pip ) this is a huge drawback of armada mt4, this is forcing me to keep my equity low with them as they are not dependable . If the condition improves i will post again .

Cheers,
Nick
Strange spike in price
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2012-06-11 at 12.27.27.png Size: 25 KB
Yes i also noticed it ..

Can somebody confirm here whether this spike was there on LMAX original feed or it was only with armada mt4 ?
Quoting nickonline
Yes i also noticed it ..

Can somebody confirm here whether this spike was there on LMAX original feed or it was only with armada mt4 ?
It was in the LMax feed being provided to Armada, nothing to do with Aramda they would not have refunded any trades executed on this spike because as far as Armada was concerned it was not an error
Please use an indicator to plot the spread on the chart for each M1 bar and record the spread to File.

The feed has common spikes in EURUSD spread from 3-18 pips in London Session ,

The spike are often the ASK price and not the bid therefore the Chart bars do not show the truth since MT4 charts are based on BID prices only.
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