Ja genau! Habe grad Nachricht bekommen! Sag ich doch, kalter Kaffee ... ^^
One of our competitors send an anonymous tip to Estonian FSA claiming that we provide trading with securities such as stocks, CFD-s, futures and options. This information is not true and FSA will re-edit the note on their website in the coming days.
Armada Markets AS does not hold a investment services license from the FSA but a forex brokerage license from the Estonian Ministry of Economic Affairs. The information on the Estonian FSA website is not a warning but a note saying that Armada Markets AS cannot provide trading with securities such as stocks, CFD-s, futures, bonds and other securities. With our current Ministry of Economic Affairs license we can provide trading with instruments such as spot FX. This is exactly what we are doing. We have been actively communicating with Estonian FSA and we have been told that the note on their website will be re-edited in the coming days as in current stage the claim that we provide trading with securities is not accurate. This can be confirmed by the Estonian FSA at any time.