It is boldly stated on Armada market’s website that “Starting from 2015, Armada Markets focuses mainly on providing liquidity and services to banks, brokers and hedge funds. From January 1st, 2015 FSA (Seychelles) authorized and regulated company Tickmill Ltd provides first-class trading services for individual and corporate clients.”
In a bid to reassure clients about the maintenance of top-notch services with Tickmill Ltd, the company further stated that “Trading conditions and systems, ECN liquidity, quality of customer service and support stay the same and Tickmill’s team will work hard to improve services even further. You will keep the same account login credentials and use the same MetaTrader 4 terminal. So you continue trading as usual!”
This is a remarkable move as Armada markets positions itself to exclusively service banks, brokers and hedge funds after transferring its retail client base to Tickmill Ltd, regulated by the Seychelles Financial Services Authority (FSA).
In October, the company applied for a European Union MiFID licence which in hindsight can be seen as an obvious step towards its migration towards liquidity provision so as to have a wider reach in the European region.
The company’s website has now gone through an essential re-branding to accommodate for the changes and development in the company's activities.