ARM Forex Broker

ARM Review Summary Founded2008 Registered Country/RegionNigeria RegulationNo regulation Trading ProductsMoney market instruments, fixed income, equities Trading Platform/ Minimum Deposit₦5,000 Customer SupportPhone: 02012715002 Email: enquiries@arm.com.ngARM Information In 2008, Nigeria started ARM (Asset & Resource Management), which is a financial services company. Nigeria's SEC and CBN don't regulate ARM as a brokerage, but the company does offer a wide range of investment products, such as money market instruments, fixed income securities, equities trading, and research services. These products are available to both individual and institutional investors.Pros and Cons Pros Cons Long historyNo regulation Low minimum investment requirement (₦5,000)Unclear fee structure Strong presence in Nigerias local capital marketsUnknown payment methodsIs ARM Legit? No, ARM is not a broker that is regulated. It is registered in Nigeria, but the country's Securities and Exchange Commission (SEC) or Central Bank of Nigeria (CBN) do not keep an eye on its online brokerage activities. Please be aware of the risk! WHOIS data shows that the domain arm.com.ng was registered on May 13, 2009, last updated on July 1, 2021, and will expire on July 31, 2031.What Can I Trade on ARM? Trading ProductsSupported Money market instruments✔ Fixed income✔ Equities✔ Forex❌ Commodities❌ Indices❌ Cryptos❌ Bonds❌ Options❌ ETFs❌Deposit and Withdrawal You can invest as little as ₦5,000 with ARM, and there is no limit on how much you can invest. The minimum amount you can invest may be different for each product. However, the website does not reveal available payment methods and how much it costs to make deposits or withdrawals.