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Performance Track Record | +738% Verified Returns | Armada Capital Group
Full Track Record · Jan 2022 – Dec 2025

738% verified.
Every number audited.

Not a backtest. Not a projection. Four years of live, real-money trading — independently verified by a CPA, CFA, and CIPM. Your capital stays liquid.

Cumulative Return
+738.21%
Jan 2022 – Dec 2025
Annualized Return
+70.15%
Gross 4-year average
Positive Months
47 / 48
97.9% monthly win rate
$100K Becomes
$838,214
Compounded growth
No lockup after 90 days
·
Monthly distributions available
·
$0 management fee
·
3rd-party verified returns
Request Full Track Record →
Growth Chart

$100,000 → $838,214

Compounded growth of a $100K investment, January 2022 through December 2025 — plotted month-by-month against the S&P 500.

Portfolio Growth vs. S&P 500
Armada Capital
S&P 500
Year by Year

Consistent across every market.

From 2022's volatility to 2025's tightening environment — the algorithm performed in all conditions.

Monthly Returns

47 of 48 months.
Positive.

One negative month in four years of live trading. Every figure independently audited.

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnual
Risk Statistics

High returns.
Controlled risk.

A Sharpe ratio of 3.1 in 2025 means you're being compensated more than 3x the risk taken.

Profit Factor
20222.08
20232.26
20242.50
20252.97 ↑
Sharpe Ratio
20221.9
20232.9
20242.6
20253.1 ↑
Fund Metrics
MAR Ratio (4-yr)2.24
Positive Months47 / 48
Mgmt Fee$0
Initial Lockup90 days only
Instrument Breakdown

8 pairs.
Consistent edge across all.

Verified win rates from 57% to 79% per instrument across 4,363 total trades.

PairTradesProfit FactorWin RateAvg Duration
Benchmark Comparison

+229.95% in 3 years.
The market returned +78%.

Three-year comparison (2023–2025) against leading quant funds and the broad market.

ANNUAL RETURNS — 2023 / 2024 / 2025
Armada Capital Group
+63.8%+44.0%+39.9%
AQR Adaptive Quant Equity
+17.1%+25.3%+24.4%
ARK Next-Gen Internet
+57.0%+31.5%+19.1%
S&P 500 (VOO)
+24.3%+23.4%+16.4%
3-YEAR CUMULATIVE (2023–2025)
Armada Capital Group+229.95%
ARK Next-Gen Internet+145.90%
AQR Adaptive Quant Equity+82.56%
S&P 500 (VOO)+78.30%
Vanguard Value (VTV)+36.01%
Independent Verification

We didn't verify it.
They did.

✓

Audited by Alpha Performance Verification Services

Every return figure on this page has been independently audited by a third-party firm with no affiliation to Armada Capital Group. The auditor holds CPA, CFA, and CIPM designations — the highest standard of performance verification in the investment industry. Covers all 48 months of live trading from January 2022 through December 2025.

FirmAlpha Performance Verification Services
AuditorMichael W. Hultzapple, CPA, CFA, CIPM
IssuedJanuary 6, 2026
Websitealphaverification.com
Phone(804) 677-4343

Ready to see the full
verification report?

Request the complete audit, PPM, and subscription documents. We respond within one business day.

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Disclosure: Past performance is not indicative of future results. All figures are gross returns verified by Alpha Performance Verification Services (Michael W. Hultzapple, CPA, CFA, CIPM). This page does not constitute an offer or solicitation. Available to accredited investors only under Reg D 506(c). Foreign exchange trading involves substantial risk of loss.

Footer Component — Armada Capital Group
Reg D 506(c) · Available to Verified Accredited Investors Only · Not a Public Offering

Quantitative FX trading. +738% cumulative verified return. 46 of 48 positive months.

✓
Independently Verified Alpha Performance · CPA, CFA, CIPM · Jan 6, 2026
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Minimum Investment
$500,000
70/30 profit split · $0 management fee
Partners & Infrastructure
Caruso FUND ADMINISTRATOR · Clarkson PLLC LEGAL COUNSEL · Alpha Verification PERFORMANCE AUDIT · Swissquote PRIME BROKER · Broctagon LIQUIDITY · AGBK BANKING
Reg D 506(c) Compliant
SEC Compliant
CFTC Exempt
AML / KYC
ERISA Compliant
Accredited Investors Only
High-Water Mark
Segregated Accounts

Important Disclosures — Please Read Carefully

Investing involves significant risk, including the loss of some or all of the principal invested. Foreign exchange (FX) trading and related instruments are highly speculative and carry a substantial risk of loss. The high degree of leverage available in FX markets can work against you as well as for you. While the Fund primarily trades liquid G10 currency pairs, market liquidity can evaporate rapidly during periods of macroeconomic stress or geopolitical crisis, resulting in wider bid-ask spreads, slippage, and difficulty exiting positions at desired prices. Past performance does not guarantee or indicate future results, and any historical returns, expected returns, or probability projections presented on this website may not reflect actual future performance. The value of investments and the income from them can fall as well as rise.

All performance figures presented on this website represent gross returns independently verified by Alpha Performance Verification Services (Michael W. Hultzapple, CPA, CFA, CIPM), as of January 6, 2026, covering the period January 2022 through December 2025. These figures do not account for individual tax obligations. Net returns to individual investors may vary depending on the timing of subscription and redemption, applicable taxes, and other individual circumstances. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of data provided by investors or other third parties.

This website and its contents do not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or investment product. Any actual offer to invest in Armada Capital Group LLP will be made solely by means of a formal Private Placement Memorandum (PPM), subscription agreement, and related offering documents delivered to verified accredited investors. Offers to sell, or solicitations of offers to buy, any security can only be made through official offering documents that contain important information about investment objectives, risks, fees, and expenses.

This offering is available only to individuals and entities who qualify as accredited investors under Rule 501 of Regulation D of the Securities Act of 1933, as amended. Armada Capital Group LLP operates under Regulation D, Rule 506(c), and is not registered as an investment adviser with the SEC or any state securities authority. The fund is exempt from CFTC registration and is not a Commodity Pool under CFTC Rules 3.10(c)(5) and 30.4(c). Armada Capital Group LLP and its principals may manage other accounts or investment vehicles employing similar strategies. Allocation of investment opportunities, trade execution, and fee structures may differ across accounts, creating potential conflicts of interest. The General Partner reserves the right to allocate trades among accounts in its sole discretion, which may disadvantage the Fund in certain circumstances.

Neither Armada Capital Group LLP nor any of its partners, affiliates, or agents provide tax, legal, or accounting advice, and nothing on this website should be construed as such. Prospective investors should consult with a qualified tax, legal, and/or financial adviser before making any investment decision. The tax treatment of an investment in the fund depends on individual circumstances and may be subject to change. Changes in financial regulations, margin requirements, or central bank policies affecting foreign exchange markets may materially impact the Fund's ability to execute its quantitative strategies or employ leverage, potentially requiring material modifications to the investment approach or affecting the liquidity and valuation of positions.

Benchmark data presented on this website (S&P 500/VOO, AQR Adaptive Quant Equity, ARK Next-Gen Internet ETF, Vanguard Value VTV) is sourced from publicly available information and is provided for comparison purposes only. These benchmarks are not directly comparable to the fund's investment strategy and are presented solely to provide general market context. The fund's strategy, risk profile, liquidity, and fee structure differ materially from these benchmarks.

The information on this website may not be distributed to, or relied upon by, persons in jurisdictions where such distribution or use would be contrary to local law or regulation. This offering is intended for U.S. persons only. Non-U.S. persons are not permitted to subscribe.

For the complete list of risks, fees, terms, and investment conditions, please refer to the official Private Placement Memorandum, which is available to verified accredited investors upon request. For additional important disclosures, please visit armadafxcapital.com/terms and armadafxcapital.com/privacy.

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