Admiral Markets Review

19 responses to “Admiral Markets”

1. Thank you 18. for your comment

   Reply

2. Dodgy Admiral markets

   Trading experience from 6th May 2020 to 9th June 2022. I have forwarded dodgy Admiral Markets snapshot of my trading MT5 portal with name, account & trading history details, but the dodgy folks are not accepting in order to delet my review in collusion with equally dodgy Trustpilot.

   Admiral markets is aggressively involved in unethical practices by,

   – offering dodgy historic Forex data (for MT5 backtesting) through spread manipulation and they do acknowledge their data inaccuracy. Optimised result from strategy tester totally contradict in visualisation mode, thus further discouraging use of automated trading systems,

   – for manual trading on live account, these utterly dodgy folks, delay opening & closing of positions by 6-7 times slower compared to demo account,

   – erratic spread widening (GBPUSD, 11 – 23.2 pips spread compared to 1.2 – 4.7 pips by Think Markets on 26Nov2021 from 20:15 hrs onward instead of 23:55),

   – offering spread for each instrument-account within a range, typically higher end if live trading and lower if not trading.

   – deploying real-time deceptive and adversarial strategies through collusion and at discretion for insane price manipulation, throttling, spread widening, slippage and SL hunting, all in-tandem or simultaneously – more akin to market maker than STP they claim to be,

   – deliberately disconnecting from fast network Access Point with lowest ping and reconnecting to slowest one,

   – deliberately closing multiple timeframe charts,

   – closing auto traded positions before they hit TP,

   – modifying live account leverage from 1:500 to 1:50 to force stop out/liquidate open positions deliberately and their pathetic excuse for this is utterly rubbish,

   – posting 4* and 5* FAKE reviews. If 76% of traders (in reality more than 90%), lose money with Admiral Markets, then how come 89% are happy/satisfied reviewers/customers?

   – bugged and outdated indicators attached to the chart from Admiral Markets when closed, also force close automated trading system,

   – making easy to top-up account as many times a day as possible, but can withdraw only once per month!

   – blocking account top-up for even a penny less than min £50, but allowed to withdraw more than once per month for hefty fine, without ANY warning!

   – denying and then flashing ethical badge of FCA authorisation, if complained, for their shady business process. FCA is not monitoring live trades like a referee on the field and so admiral markets can do and claim whatever they please.

   – OTC + no or false accountability + zero sum game = blown accounts.

   Admiral Markets is absolutely dodgy to the core.

   Reply

3. I do not advise anyone to trade with Admiral Markets broker. This company attracts customers with the promise of a 100% bonus, which will serve to open positions and keep them open, at first it really was like that, but suddenly, out of nowhere, they decided to change the rules, and the bonus passed to no longer serve to maintain open positions, and the worst, they did not even bother to warn clients, applying stop-out and closing all client positions, causing recurring losses, and acting with total disregard for it. , in a revolting and absurd attitude.
   The back office team is always overworked, and never clearly answers any question that is addressed to them, acting with total disrespect to their customers.
   If you don’t want to lose your capital, and don’t even have annoyances almost every day, avoid this brokerage at all costs, who warns, friend is.

   Reply

4. I do not advise anyone to trade with Admiral Markets broker. This company attracts customers with the promise of a 100% bonus, which will serve to open positions and keep them open, at first it really was like that, but suddenly, out of nowhere, they decided to change the rules, and the bonus passed to no longer serve to maintain open positions, and the worst, they did not even bother to warn clients, applying stop-out and closing all client positions, causing recurring losses, and acting with total disregard for it. , in a revolting and absurd attitude.
   The back office team is always overworked, and never clearly answers any question that is addressed to them, acting with total disrespect to their customers.
   If you don’t want to lose your capital, and don’t even have annoyances almost every day, avoid this brokerage at all costs, who warns, friend is.

   Reply

5. I also have a bad experience with them.
   Putting money on account is no problem, but withdraw is not possible without providing all the personal data of your account including balance and payments
   When I ask why they need to know everything I do on my bankaccount they say it’s a law by Cysec…
   Really sad they don’t want to return my money

   Reply

6. Admiral markets is aggressively involved in unethical practices by,
   -> offering dodgy historic FX data (for backtesting) through spread manipulation,

   -> erratic spread widening (GBPUSD, 11 – 23.2 pips spread compared to 1.2 – 4.7 pips by Think Markets on 26Nov2021 from 20:15 hrs onward instead of 23:55),

   -> deploy real-time adversarial strategies for price manipulation through collusion – more akin to market maker than STP they claim to be,

   -> closing positions before they hit TP,

   -> modifying live account leverage from 1:500 to 1:50 to force liquidate positions,

   -> indicators attached to the chart from Admiral Markets when closed, also force close automated trading systems,

   -> easy to top-up account as many times a day as possible, but can withdraw only once per month!

   -> account top-up is blocked for even a penny less than min £50, but allowed to withdraw more than once per month for fine, without any warning!

   -> when complained, they deny and flash ethical badge of FCA authorisation for their shady business process. FCA isn’t monitoring live trades like a referee on the field and so admiral markets can do and claim whatever they please. OTC + no accountability + zero sum game = blown accounts.

   -> recent call was put in loop of “your position in the queue is one and please stay on the line” for ages!!

   Admiral Markets is absolutely dodgy to the core.

   Reply

7. In 2018 I was a subject of an aggressive disinformation campaign by Admiral Markets UK
   Ltd about the future ESMA decision 2018/786. I was misinformed about the consequences of
   this decision on my previously open CFD positions, in particular while not changing my
   client status from retail to professional. Admiral Markets decided to change the leverage
   from 1:100 to 1:33 in order to meet the ESMA decision requirements. While, the new
   requirements were intended by ESMA to impact only new positions, Admiral Markets
   decided to change it also for CFD positions, which had been opened before the ESMA
   decision entered into force. “Retail clients are not required to post additional margin for
   existing CFD positions to meet the initial margin protection requirement under Article 1(d)
   and Annex I of Decision 2018/796. Retail clients are only required to provide margin
   required under Article 1(d) and Annex I for CFD positions entered into after the date of
   application.” Changing the rules during the game is not what I expect from the honest IB
   acting in the best interest of its clients. They simply claimed that they may change the margin
   requirements at “any time”, even if it was clearly stated at the web page that: “We retain the
   right to change with special notice the length of the pre-close margining period and leverage
   rates maximums in response to extraordinary economic or political events.” The ESMA
   decision was not an extraordinary economic nor political event. In effect I lost huge part of
   my savings and gains from earlier investments (around EUR 50 000). Admiral Markets never
   replied to my complain. Unfortunately, the financial ombudsman was not helpful. It took
   them extra long up to 2020 to respond to my complain. In their response they simply referred
   to the “at any time” margin rule while completely disregarding the “extraordinary economic
   or political events” factor.

   Reply

8. In 2018 I was a subject of an aggressive disinformation campaign by Admiral Markets UK Ltd about the future ESMA decision 2018/786. I was misinformed about the consequences of this decision on my previously open CFD positions, in particular if I while not changing my client status from retail to professional.

   Admiral Markets decided to change the leverage from 1:100 to 1:33 in order to meet the ESMA decision requirements. While, the new requirements were intended by ESMA to impact only new positions, Admiral Markets decided to change it also for CFD positions, which had been opened before the ESMA decision entered into force.

   “Retail clients are not required to post additional margin for existing CFD positions to meet the initial margin protection requirement under Article 1(d) and Annex I of Decision 2018/796. Retail clients are only required to provide margin required under Article 1(d) and Annex I for CFD positions entered into after the date of application.”

   Changing the rules during the game is not what I expect from the honest IB acting in the best interest of its clients. They simply claimed that they may change the margin requirements at “any time”, even if it was clearly stated at the web page that:

   “We retain the right to change with special notice the length of the pre-close margining period and leverage rates maximums in response to extraordinary economic or political events.”

   The ESMA decision was not an extraordinary economic nor political event.

   In effect I lost huge part of my savings and gains from earlier investments.

   Unfortunately, FCA was not helpful. It took them extra long up to 2020 to respond to my complain. In their response they simply referred to the “at any time” margin rule while completly disregarding “extraordinary economic or political events”.

   So the last opportunity to fight with this SCAM is to go to the court.

   Reply

9. Admiral Markets is a big trap, or rather, there are several traps, every day I was surprised by an unpleasant surprise.

   Trap number 01:

   Early on, attracted by the offer of a 100% bonus offered by AGLOBE ADMIRAL, I opened my account and made my first deposit.

   I had an unpleasant surprise because my bonus didn’t come in, so I made a complaint, and they came up with a lame excuse that I had to have activated the promotion link on the site, since it is in a difficult to access area, almost hidden in the website home page.

   All right, I activated the tiny hidden link, made another deposit and the bonus came in, but only on the second deposit, the first one I missed.

   Trap number 02:

   I started trading, it was a Friday, I had some trades open during the day, so far so good, but with a few minutes to go before the Friday trading session, they just closed all my trades automatically. Once again I made a complaint, as I had free margin, and there was no reason for my positions to have been closed, and what was my surprise when they informed me, that every Friday, a few minutes before the trading session, they reduce leverage to 1:50, mine being 1:1000, that is, it was inevitable that my positions had not been closed, noting that this notice about reducing leverage every Friday was written in lowercase, also in a barely visible place on the site.

   Trap number 03:

   So, even though I was extremely upset by this trap mentioned above, I transferred more money, in order to take advantage of my bonus that had been generated initially.

   I was at 112% free margin when all of a sudden all my positions were closed again. This time, their excuse was that the margin did not cover any loss, in this case it had a balance of – BRL 23.00, but with open positions giving profit, and more than BRL 3,000.00 in bonuses, when in the regulation of the bonus, the following is foreseen:

   “3.1. Bonus provides additional free margin and increases the amount of funds available.

   to trade (ie to open new positions and maintain the margin requirements for such

   positions).”

   If the bonus is used to maintain the margin requirements, they didn’t have the right to close my positions as they did, otherwise it would be useless to have this bonus. One more trap, one more loss.

   In other words, after numerous and recurring losses and unpleasant surprises I had with ADMIRAL MARKETS, the only thing I can do, in addition to being legally involved to enforce my rights, is to alert unsuspecting clients so that they DON’T FALL INTO THIS NETWORK OF TRAPS OF THIS COMPANY, WHICH JUST HAS A NAME, THE REST IS NON-PLEASANT LOSS AND SURPRISES.

   ADMIRAL MARKETS IS A RIGHT LOSS, if you don’t want to lose money, stay away from this company, they are not serious people, and they have total disregard for the customer.

   The warning remains.

   Good luck to everyone.

   Reply

10. A Admiral Markets é uma grande armadilha, ou melhor, são várias armadilhas, todos os dias era surpreendida por uma desagradável surpresa.

    Armadilha número 01:

    Logo no início, atraída pela oferta de um bônus de 100% ofertada pela AGLOBE ADMIRAL, abri minha conta e fiz o meu primeiro depósito.

    Tive uma desagradável surpresa, pois meu bônus não entrou, então fiz uma reclamação, e eles vieram com uma desculpa furada que eu tinha que ter ativado o link da promoção pelo site, sendo que o mesmo fica numa área de difícil acesso, quase oculta na página inicial do site.

    Tudo bem, ativei o minúsculo e oculto link, fiz outro depósito e o bônus entrou, mas apenas sobre o segundo depósito, o primeiro eu perdi.

    Armadilha número 02:

    Começei a operar, era uma sexta-feira, estava com algumas operações abertas durante o dia, até ai tudo bem, mas faltando alguns minutos para o encerramento do pregão de sexta, simplesmente eles fecharam todas as minhas operações automaticamente. Mais uma vez fiz uma reclamação, pois estava com margem livre, e não tinha razão para minhas posições terem sido fechadas, e qual foi minha surpresa quando eles me informaram, que todas as sextas, alguns minutos antes do pregão, eles reduzem a alavancagem para 1:50, sendo a minha era 1:1000, ou seja, inevitável que minhas posições não tivessem sido encerradas, ressaltando que este aviso sobre redução da alavancagem toda sexta, estava escrito em letras minúsculas, também em local pouco visível do site.

    Armadilha número 03:

    Então, mesmo extremamente chateada por mais essa armadilha citada anteriormente, transferi mais dinheiro, de forma a aproveitar meu bônus que tinha sido gerado inicialmente.

    Estava com 112% de margem livre, quando, de repente, mais uma vez todas as minhas posições foram fechadas. Dessa vez, a desculpa deles foi que a margem não cobria nenhuma perda, no caso estava com um saldo de – R$ 23,00, porém com posições abertas dando lucro, e mais de R$ 3.000,00 de bônus, quando no regulamento do bônus, está previsto o seguinte:

    “3.1. O bónus fornece uma margem livre adicional e aumenta a quantidade de fundos disponíveis

    para fazer trading (ou seja, para abrir novas posições e manter os requisitos de margem para tais

    posições).”

    Se o bônus é utilizado para manter os requisitos de margem, eles não tinham o direito de encerrar minhas posições como fizeram, pois se assim fosse, de nada serviria ter esse bônus. Mais uma armadilha, mais um prejuízo.

    Ou seja, após inúmeros e recorrentes prejuízos e surpresas desagradáveis que tive com a ADMIRAL MARKETS, a única coisa que posso fazer, além de estar entrando juridicamente para fazer valer meus direitos, é alertar a clientes desavisados, para que NÃO CAIAM NESSA REDE DE ARMADILHAS DESSA EMPRESA, QUE DE ADMIRÁVEL SÓ TEM MESMO O NOME, O RESTO NÃO PASSA DE PREJUÍZOS E SURPRESAS DESAGRADÁVEIS.

    ADMIRAL MARKETS É PREJUÍZO CERTO, se você não quer perder dinheiro, fique longe dessa empresa, não são pessoas sérias, e tem total descaso pelo cliente.

    Fica o aviso.

    Boa sorte a todos.

    Admiral Markets is a big trap, or rather, there are several traps, every day I was surprised by an unpleasant surprise.

    Trap number 01:

    Early on, attracted by the offer of a 100% bonus offered by AGLOBE ADMIRAL, I opened my account and made my first deposit.

    I had an unpleasant surprise because my bonus didn’t come in, so I made a complaint, and they came up with a lame excuse that I had to have activated the promotion link on the site, since it is in a difficult to access area, almost hidden in the website home page.

    All right, I activated the tiny hidden link, made another deposit and the bonus came in, but only on the second deposit, the first one I missed.

    Trap number 02:

    I started trading, it was a Friday, I had some trades open during the day, so far so good, but with a few minutes to go before the Friday trading session, they just closed all my trades automatically. Once again I made a complaint, as I had free margin, and there was no reason for my positions to have been closed, and what was my surprise when they informed me, that every Friday, a few minutes before the trading session, they reduce leverage to 1:50, mine being 1:1000, that is, it was inevitable that my positions had not been closed, noting that this notice about reducing leverage every Friday was written in lowercase, also in a barely visible place on the site.

    Trap number 03:

    So, even though I was extremely upset by this trap mentioned above, I transferred more money, in order to take advantage of my bonus that had been generated initially.

    I was at 112% free margin when all of a sudden all my positions were closed again. This time, their excuse was that the margin did not cover any loss, in this case it had a balance of – BRL 23.00, but with open positions giving profit, and more than BRL 3,000.00 in bonuses, when in the regulation of the bonus, the following is foreseen:

    “3.1. Bonus provides additional free margin and increases the amount of funds available.

    to trade (ie to open new positions and maintain the margin requirements for such

    positions).”

    If the bonus is used to maintain the margin requirements, they didn’t have the right to close my positions as they did, otherwise it would be useless to have this bonus. One more trap, one more loss.

    In other words, after numerous and recurring losses and unpleasant surprises I had with ADMIRAL MARKETS, the only thing I can do, in addition to being legally involved to enforce my rights, is to alert unsuspecting clients so that they DON’T FALL INTO THIS NETWORK OF TRAPS OF THIS COMPANY, WHICH JUST HAS A NAME, THE REST IS NON-PLEASANT LOSS AND SURPRISES.

    ADMIRAL MARKETS IS A RIGHT LOSS, if you don’t want to lose money, stay away from this company, they are not serious people, and they have total disregard for the customer.

    The warning remains.

    Good luck to everyone.

    Admiral Markets est un gros piège, ou plutôt, il y a plusieurs pièges, chaque jour j’ai été surpris par une mauvaise surprise.

    Piège numéro 01 :

    Très tôt, attiré par l’offre d’un bonus de 100% offert par AGLOBE ADMIRAL, j’ai ouvert mon compte et effectué mon premier dépôt.

    J’ai eu une mauvaise surprise car mon bonus n’est pas entré, alors j’ai déposé une plainte, et ils ont trouvé une excuse bidon que j’ai dû activer le lien de promotion sur le site, car c’est dans une zone difficile d’accès , presque caché dans la page d’accueil du site Web.

    D’accord, j’ai activé le petit lien caché, fait un autre dépôt et le bonus est arrivé, mais seulement sur le deuxième dépôt, le premier que j’ai raté.

    Piège numéro 02 :

    J’ai commencé à trader, c’était un vendredi, j’avais quelques trades ouverts pendant la journée, jusqu’à présent tout va bien, mais avec quelques minutes avant la séance de trading du vendredi, ils viennent de fermer automatiquement tous mes trades. Encore une fois, j’ai déposé une plainte, car j’avais de la marge libre, et il n’y avait aucune raison pour que mes positions aient été fermées, et quelle fut ma surprise lorsqu’ils m’ont informé que tous les vendredis, quelques minutes avant la séance de bourse, ils réduisaient effet de levier à 1:50, le mien étant à 1:1000, c’est-à-dire qu’il était inévitable que mes positions n’aient pas été fermées, notant que cet avis sur la réduction de l’effet de levier tous les vendredis était écrit en minuscule, également dans un endroit à peine visible sur le site.

    Piège numéro 03 :

    Ainsi, même si j’étais extrêmement contrarié par ce piège évoqué plus haut, j’ai transféré plus d’argent, afin de profiter de mon bonus qui avait été généré initialement.

    J’étais à 112% de marge libre quand tout d’un coup toutes mes positions ont été fermées à nouveau. Cette fois, leur excuse était que la marge ne couvrait aucune perte, dans ce cas elle avait un solde de – BRL 23,00, mais avec des positions ouvertes donnant des bénéfices, et plus de BRL 3 000,00 en bonus, quand dans le règlement du bonus, ce qui suit est prévu :

    “3.1. Le bonus fournit une marge gratuite supplémentaire et augmente le montant des fonds disponibles.

    de négocier (c’est-à-dire d’ouvrir de nouvelles positions et de maintenir les exigences de marge pour ces

    postes).”

    Si le bonus est utilisé pour maintenir les exigences de marge, ils n’avaient pas le droit de fermer mes positions comme ils l’ont fait, sinon il serait inutile d’avoir ce bonus. Un piège de plus, une défaite de plus.

    Autrement dit, après de nombreuses et récurrentes pertes et mauvaises surprises que j’ai eues avec ADMIRAL MARKETS, la seule chose que je puisse faire, en plus d’être légalement impliqué pour faire respecter mes droits, est d’alerter les clients sans méfiance afin qu’ils NE TOMBERENT PAS DANS CELA RÉSEAU DE PIÈGES DE CETTE ENTREPRISE, QUI A JUSTE UN NOM, LE RESTE EST DES PERTES NON AGRÉABLES ET DES SURPRISES.

    ADMIRAL MARKETS EST UNE PERTE JUSTE, si vous ne voulez pas perdre d’argent, éloignez-vous de cette entreprise, ce ne sont pas des gens sérieux et ils ont un mépris total pour le client.

    L’avertissement demeure.

    Bonne chance à to

    Reply

11. Hello.very bad site,cheating me,I had about 6 months trading with…
    Hello.I had about 6 months trading with admiralmarkets
    and lost alot of money,But suddenly i recieved an mail says that we are decided to terminate business with you,I asked them why?But they did not answer my question in 2 weeks time they close my account,Which this not fair,This admiralmarkets is untrustable site,Beware of that and do not invest your money there,I have all my mail and proof what i just said,

    Reply

12. I want to denounce the existing complicity to scam between Admiral Markets and the well-known swindler José Luis Cases Lozano, through a project called Reto 20k, where prizes of thousands of euros are offered just by registering and for this it is required to open a broker account at Admiral Markets. Everything was a scam, without any explanation everything was suspended and of course José Luis Cases Lozano with his Reto 20k project, he kept the money of the registered people and the broker Admiral Markets also scammed money with the accounts that were opened for to participate. José Luis Cases Lozano and Admiral Markets have to answer for fraud and misappropriation of funds, for the money we invested by those who registered and were swindled.

    Reply

13. To register with Tradingchess, you need to open a broker account at Admiral Markets, and many people have registered to take part and opt for a trading course valued at more than € 500 online from traderprofesional.com, also from José Luis Cases Lozano, just for signing up. Everything was a scam, without any explanation everything was suspended and of course José Luis Cases Lozano with his Tradingchess.com project he kept the money of the registered people and the broker Admiral Markets also scammed money with the accounts that were given high and new customers.

    Reply

14. Hello everyone,

    Thank you for your patience while we investigated this. The founder of http://traderprofesional.com/ and is an Admiral Markets IB.

    Unfortunately, though, a person by the name of Fernando Tejedor has been claiming to be a representative of this website, and taking fraudulent deposits. While we are taking actions at our end to stop him, he may continue to claim to represent traderprofesional.com

    With this in mind, if you are contacted by someone claiming to be an Admiral Markets IB associated with the Trader Profesional website, please contact Admiral Markets or Trader Profesional via our official emails support@admiralmarkets.com, or via an @traderprofesional.com email address, and they can confirm whether you are dealing with a verified representative of Trader Profesional and Admiral Markets.

    Thank you for bringing this situation to our attention. If you have any further questions or complaints, please contact us directly at support@admiralmarkets.com

    Kind regards,
    Admiral Markets

    Reply

15. I like that the team of admiral markets take the task of giving measures and attention to the different accusations and problems that are generated, they are an excellent team. I only recommend you please do not continue supporting characters like “traderprofessional” you have to avoid scams in brokers, stop being a scammer for these supposed promoters of courses and brokers who only steal money.

    Reply

16. I FEEL SCAMED, HOW ARE THEY PROVIDED FOR IBS AS A TRADER PROFESSIONAL TO SCAM?

    I did the course that this ibs offers, they believe me to believe that the contestants of the Admiral Markets corridor recommend it, the course did not help me, they did not teach anything new that I have not had before on the internet.

    WATCH OUT

    Reply

17. Hello Jordan and Alex,

    As the review above shares, Admiral Markets is a fully regulated broker, with licenses from the FCA, ASIC, CySEC and EFSA – we do not scam our clients.

    We’re sorry to hear you’ve had issues with one of our IBs. Could you send us the details of your situation so we can investigate the situation and regain your trust? You can contact us at support@admiralmarkets.com

    Kind regards,
    Admiral Markets

    Reply

18. Admiral Markets has had a good popularity for years but one of the IB’s that is known as traderprofessional, works for this company and scams many people promising bonuses they never give and keeps 50% of user deposits.

    Reply

19. I do not trust Admiral Markets because I had a bad experience with one of their IBs who called themselves “traderprofesional”, this person unfairly took away $ 500 of the $ 1000 he had deposited in the account without giving me a specific reason and also promised me bonuses they never gave me.

    Reply

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