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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

ARM

Nigeria Nigeria | 5-10 years |
Questionable Regulatory License | High Potential Risk

https://www.arm.com.ng/securities-home/

Website

Rating Index

Influence

Influence

B

Influence Index NO.1

Nigeria Nigeria 7.36
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+234 01-2715002
https://www.arm.com.ng/securities-home/
1, Mekunwen Rd. Off Oyinkan Abayomi Drive PMB 80173, Ikoyi, Lagos, Nigeria

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Nigeria
Operating Period
5-10 years
Company Name
ARM Securities Ltd
Email
enquiries@arm.com.ng
Contact Number
+234012715002
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • United States arm.com.ng
    104.26.12.247
  • United States armsecurities.com.ng
    206.225.87.186

Relationship Map

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ARM

Related Companies

A R A PROPERTIES (UK) LTD(United Kingdom)
United Kingdom
A R A PROPERTIES (UK) LTD(United Kingdom)
Deregistered
United Kingdom
Registration No. 05610513
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

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.ng

ARM 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.

ARM's homepage

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 methods

Is 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!

No license

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.

Domain information

What Can I Trade on ARM?

Trading ProductsSupported
Money market instruments
Fixed income
Equities
Forex
Commodities
Indices
Cryptos
Bonds
Options
ETFs
What Can I Trade on ARM?

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.

Minimum investment value

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of ARM?

ARM Securities Ltd, registered in Nigeria, is an unregulated entity that operates without oversight from any recognized international financial authority. This fundamental lack of a regulatory license results in a WikiFX Score of 1.56 out of 10, indicating a severe risk profile where client funds lack formal protection and the broker's activities are not subject to financial supervision.

04-02
United States

What is the official website of ARM?

ARM Securities Ltd does not publicly disclose a dedicated website URL. The absence of a publicly available official website is consistent with the broker's broader profile, where operational transparency is limited.

04-02
United States

Is ARM suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose ARM or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with ARM?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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