- What is Admiral Markets?
- Admiral Markets Pros and Cons
- Is Admiral Markets safe or a scam?
- Market Instruments
- Trading Fees
- Deposits and Withdrawals
- Trading Platforms
- Minimum deposit
Our Review Method
- 55Brokers financial experts with over 10 years experience in Forex Trading check full trading conditions including fees, platforms, verified regulation, contacted customer service and placed traders to see trading conditions precisely to give expert opinion about Admiral Markets
What is Admiral Markets?
With a quite long operation history since 2001, Admiral Markets is a brand that operates in the field of investment financial services and is one of the largest Forexand CFD Brokers. That continuously expands its offering worldwide while headquarters in the UK and operates offices in Cyprus, Estonia and Australia.
The general Admiral Market aim is to bring access to functional software and quality offering to the traders’ community through transparent pricing and execution. The trading process offered with low latency and high trading frequency aggregated by different banks and venues into a single liquidity pool provided by the Admiral Markets.
Is Admiral Markets an ECN broker?
Admiral Markets uses STP and NDD execution model, which also depends by the entity you’re trading through, since conditions vary based ion the jurisdiction.
We found Admiral markets providing competitive low spreads with deep liquidity, no restriction on trading styles or strategies, which is good for traders of different styles and sizes.
Admiral Markets Pros and Cons
Admiral Markets is among well-regarded large Brokers with sharp regulation and good standing, the account opening is easy and digital, Admiral Markets spreads are among lowest in industry based on our research, besides all trading strategies are available and there is a choice between Mt4 MT5 platforms with a great education, research and 24/7 support. Strategies like auto trading and copy trading are available on Admiral markets too, so beginners are also welcome.
There is no much negative points for Admiral markets, however we see that conditions and proposal vary according to the entity rules also some deposit methods will add on commission in some jurisdiction, so is good to verify these conditions precisely. Besides, there are some trader’s negative experiences shared including our website and other sources too, so is to check the conditions well before gettings started.
|Long history of operation and good record||Some deposit methods will add on commission|
|Heavily regulated and regarded broker||Conditions and proposal may vary according to the entity rules|
|No restrictions on Strategies|
|Mainstay on famous MT4 and MT5 with superior edition available|
|Account suitable for beginners or professional investors|
|Great education and leading Dow Jones analysis for free use|
Admiral Markets Review Summary in 10 Points
|🗺️ Regulation||ASIC, FCA, CySEC, FSCA, JSC, CMA|
|📉 Instruments||Metals and currencies, CFDs trading on indices, energies, bonds, stocks and CFDs on Cryptocurrencies|
|🖥 Platforms||MT4 and MT5|
|💰 EUR/USD Spread||0.6 pips|
|💳 Minimum deposit||100$|
|💰 Base currencies||EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON|
|🎮 Demo Account||Offered|
|📚 Education||Extensive educational and support materials|
|☎ Customer Support||24/7|
Overall Admiral Markets Ranking
Based on our Expert opinion, Admiral Markets is considered a reliable broker with good trading conditions suitable for traders of different level of experience and trading investments, also good thing Admiral Markets accepts traders from various sides of the world including European clients, Australia traders and others.
There is also excellent customer service for Admiral traders, with great education and some of the best trading courses we saw in the industry. That makes Admiral Markets suitable for beginners and other traders too.
- Admiral Markets Overall Ranking is 8 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
Trading Platform Comparison to Other Brokers:
|Advantages||EA Auto Trading||Education||Low Deposit|
Admiral Markets Alternative Brokers
Admiral Markets provides quite good trading conditions, yet some of our finds show there are issues appearing with the trading performance itself, also some traders notice delays and execution issues, which are not constant matter but happen at times. However, spreads are at the very good level. based on our experience 0.6 for EURUSD is among the lowest in the industry, so some other brokers may offer higher spreads but better execution. For these alternatives please see our selection below:
See detailed Alternative Broker Reviews:
- FXTM – Good for Beginners and Good Fees
- Dukascopy – Excellent for Shares, Futures Trading
- eToro – Good for Social Trading
In fact, Admiral markets was placed as one of the worldwide leading Forex brokers, with good coverage and numerous industry awards received along the time. We saw some evolution with the awards and the trading proposal itself, also getting new licenses to include bigger coverage worldwide.
So fo the effors, Admiral Markets proposal within the markets and various jurisdictions have been recognized timely by publications and awards, which is always great for a better reputation.
Is Admiral Markets safe or a scam?
Admiral Markets, is heavily regulated by multiple, world’s most reputable authorities including FCA in UK and CySEC in Cyprus, also ASIC in Australia so is not a scam. Which is good for the traders’ safety, as long as brokers holds various licenses worldwide it provides better safety and outlines to the regulations to the traders.
Where is Admiral Markets broker located?
Admiral Markets serves various entities around the world, being regulated in eachh entity. Regulatory status and necessary license within the jurisdiction broker is operating meaning its legitimate status. In simple words regulation means that operation and the service they provide is regulated, authorized and sharply controlled on every step.
Therefore, traders and investors may trade with a confident state of mind knowing the broker is overseen, while various jurisdictions may apply slightly different requirements, yet concerned about the main issue of a safe trading environment.
In accordance with rules and restrictions, the company should follow certain operational model while providing a secure online trading service and a high level of financial confidence. Hence, all clients’ funds are segregated from the company owns, traders are covered by the compensation fund the FSCS (The Financial Services Compensation Scheme) along with encryption of the data and overall secure environment.
See our conclusion on Admiral Markets Trust Scores:
- Our Ranked Admiral Trust Score is 10 out 0f 10 for excellent regulation and truly worldwide coverage. Also, we found the evolvement of Admiral Markets, since they add on extra licenses in other jurisdictions, therefore enlarging trading offerings too other countries and traders. Besides Admiral Markets doesnt have offshore entity which is another great plus too
|Admiral Markets Strong points||Admiral Markets Weak points|
|Regulated by several reputable authorities ||Regulatory regime is different in each jurisdiction thus the offering|
|Long history of operation and high rankings||There are some negative experiences from traders|
|Licenses from the UK FCA, CySEC, and ASIC|
|Negative balance protection|
What is Admiral Markets Leverage?
Since Admiral Markets is an international brokerage that delivers its service through 4 worldwide offices to choose from, there are applicable differences according to which jurisdiction Admiral entity complies with.
Admiral Markets does offer marginal trading, meaning you can trade through a multiplied amount of your initial deposit and operate larger positions. As this tool give a great advantage and may increase your potential gains, you should learn how to use leverage smartly and obtain good knowledge about it.
Admiral Markets Leverage levels depend on the jurisdiction and are different for each country, thats why we recommend verifying these conditions well
- Recently, Admiral Markets offer lower levels of leverage for retail traders due to the European updates in regulatory requirements with 1:30 for Europe
- Australian regulation do not allows a high level of leverage any longer and maintains 1:30 for Forex instruments
- International Traders may use higher leverage ratios based on instrument
There are few flexible accounts offered by Admiral Markets allowing to select trading account suitable for your trading need, and offering choice between two types of platforms divided into Admiral Markets Account and Admiral MT5 Account. Which all in all is good offering proposing various options for traders.
|Fast Account Opening, fully Digital
Various Account feature defined by the type of investor||Conditions vary according to investment and jurisdiction|
|Low minimum deposit|
|Advanced proposal for various investment need|
|Base currencies EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON|
Trading for Beginners
The most demanding traders, as well as beginning traders ones, can sign for the Admiral Markets account that is featured through the MT4 platform and the costs built into the spreads. MT4 accounts are defined as Trade.MT4 and Zero.MT4 accounts depend on fee structure either with all costs in the spread or sith interbank quotes and commission per lot as a broker fee.
MT5 accounts are also defined as Trade.MT5 and Zero.MT5 with a similar structure, plus there is a separate account type for investors – Invest.MT5 allowing t invests in Stocks and ETFs and a minimum deposit requirement of only 1$.
The Admiral Markets also diverse their offering by opportunities to trade metals and currencies, as well CFDs trading on indices, energies, bonds, stocks and CFDs on Cryptocurrencies – Bitcoin, Litecoin, Ethereum as well freshly introduced Monero, Dash and Zcash. What we found, Admiral Markets constantly enlarging trading instrument range, which is definitely great, with more adding of Cryptocurrencies, Ethreum trading and other currencies too.
- Admiral Markets Instrument Range Score is 9 out 0f 10 for good trading instrument selection, and much wider range is only available for International Clients
Typically Admiral Markets costs and Fees are built into a spread defined by the instrument you trade, also conditions are different according to the account type and platform you would use. Moreover, see our finds and experet reserach on Admiral Markets fees in table below, including funding fees and inactivity fees to consider the full fee structure.
- Admiral Markets Fees are ranked as low with overall rating 9 out of 10 based on our testing and compared to over 500 other brokers. Is important to note fees are different based on entity, agood thing there is no additional fees like funding fees, withdrawal fees, so tradeers might save on costs
|Asset||Admiral Markets Fees||AvaTrade Fees||eToro Fees|
Admiral spread varies according to account offering and Commission charge also applicable to Forex & Metals – from 1.8 to 3.0 USD per 1.0 lots, Cash Indices – from 0.05 to 3.0 USD per 1.0 lots and Energies – 1 USD per 1.0 lots for Zero MT4 accounts, as we tested out.
, yet you can check and compare fees to other popular brokerage FP Markets.
- Admiral Markets spread and costs are quite low and competitive among the market, with overall rating 9 out of 10. See example of the typical spread below for the MT4 account based on our testing comparison to other brokers, while EURUSD spread and currency trading spread is very good porposal overall.
|Asset/ Pair||Admiral Markets Spread||AvaTrade Spread||eToro Spread|
|EURUSD Spread||0.6 pips||1.3 pips||3 pips|
|Crude Oil WTI Spread||3 pips||3 pips||5 pips|
|Gold Spread||17 cents||40||45|
Deposits and Withdrawals
You are able to fund your accounts through the most convenient methods, including major bank transfers, Visa and MasterCard payments, Klarna (that is available in European countries Germany, Austria, Belgium, France, the Netherlands, the UK, Italy, Spain, Hungary, Slovakia, Czech Republic). Also, you may use Przelewy in Poland and iBank&BankLink, while all above will not include any additional transfer fees for you to pay, which enlarges funding opportunities for traders and always good.
- Admiral Funding Methods we ranked Excellent with overall rating 10 out of 10. Fees are either none or very small, besides range of supported funding methods is good, yet based on the entity you trade with.
Here are some good and negative points on Admiral Markets funding methods found:
|XM Advantage||XM Disadvantage|
|Minimum deposit – 100$||E-wallet deposit will add on processing fee|
|Wide range of deposit option including Credit Card and local Bank transfers|
|0$ deposit fee|
|Two free withdrawals a month
For Fees, Brokers does not mention there are chahrges for deposits, however additional methods of e-wallet payments like Skrill and Neteller will add on a 0.9% fee for the deposit transaction or 1% for withdrawal respectively. So it is all depending by the method you use and entity you trade with.
two bank wire withdrawals per month free of charge, while further requests may incur fees for your transfers, overall is a good option so we assume no fees on withdrawals added. Besides, withdrawal methods offered the same options like deposits including most used Bank Wire and Card payments, also as a plus.
What is the Minimum deposit for Admiral Markets?
Admiral Markets account requires only 100$ as a start capital or other currency that you choose as a denominated base currency, it does depend on the account you choose the amount is the same.
Admiral Markets minimum deposit vs other brokers
||Most Other Brokers
For the Admiral Market software and technical performance, let us start from the servers that provides good execution and lowest latency. The software Admiral Markets uses is reliable, convenient, and mainstay on popular trading platforms MetaTrader4 and MetaTrader5. Both platforms deliver STP execution, and are eligible to use EAs with no restrictions, which is great opportunity along with various useful tools.
Admiral Markets uses most popular industry platforms MT4 and MT5, obviously for traders’ advantage, as the platforms are very known and allow you to get numerous extensions or access comprehensive education on how to use tools. So the platforms gaining high ratings due to their international recognition are always a plus towards brokers’ proposals.
- Admiral Markets Platform are ranked Good with overall rating 8 out of 10 compared to over 500 other brokers. We mark it as good because Admiral markets provide only MetaTrader platforms, and doesn’t develop its own one. Even though, platforms are good for research, tools, copy trading and EAs Trading.
|Platforms||Admiral Markets||FXTM Platforms||XM Platforms|
Admiral Markets Desktop Trading
MT4 is the most powerful and customer-friendly platform for Forex and CFDs trading recognized by the biggest number of traders worldwide. So, you can install a platform on a desktop, as well reach through the browser as a WebTrader, or on mobile devices along to enhance features by the MetaTrader Supreme Edition offering.
This plugin is an intuitive software that brings innovative features while making MT4 even more powerful and includes trading widgets, mini terminal with management options, tick chart trader, indicator package and more.
The next option is MT5 is an improved version of the previous powerful platform, also available to almost any device, also features Supreme Edition offering free of charge for any holder of the live account with Admiral Markets. MT5 also supports various versions including web platforms and mobile applications for any device, so you can feel comfortable using any device.
Admiral Markets traders also will get easy access to phone support, Live chat room, send email or talk to representatives quite easily. Also, Customer teams are quite responsive and professional so you can count on good support from the broker side.
- Customer Support in Admiral Markets is ranked Good with overall rating 8 out of 10 based on our testing. Support is knowledgeable besides available 24/7 in multiple languages, which is a great plus, the answers were fast we received on Live Chat, also quite easy to reach
See our find and Ranking on Customer Service Quality:
|Customer oriented policy ||Some negative reviews from clients|
|Live Chat and phone lines|
|24/7 customer service|
|Support of international languages
Admiral Markets Education
Admiral Markets provides truly extensive educational and support materials as we found through Admiral Markets review, through various seminars, analytical data research and daily support to their clients, so the very beginner would feel comfortable with Admiral Markets as well.
Also, there is free market news and analysis provided by Dow Jones along with the trading tools and extensions inbuilt into the platforms, all in all allowing you to make better trading decisions with the latest information and analytics.
- Admiral Markets Education ranked with overall rating 10 out of 10 based on our research. It provides great Education Materials, quality research and runs its Academy with Webinars, Excellent Trading videos and more.
Admiral Markets Review Conclusion
Throughout the Admiral Markets review, we found broker is a highly regulated company and a respected online trading service provider. Admiral Markets brings an opportunity to trade with deep liquidity conditions from top-tier providers through the high speed of order executions and a quite low deposit to start along with its attractive pricing strategy. Technical solutions and optimizations are done in a very smart way while using the industry-proven platforms MT4 and MT5.
Based on Our Expert findings Admiral Markets is Good for:
- Experienced traders
- Beginning Traders
- Run Scalping
- Traders who prefer MT4 and MT5 platform
- EAs trading
- Low Spread Trading
- Suitable for a Variety of Trading Strategie
- Looking for a wide range of instruments