Admiral Markets Review

Admiral Markets

Admiral Markets

www.admiralmarkets.com

  • Leverage: 1:30 | 1:500

  • Regulation: ASIC, FCA, CySEC, EFSA

  • Min. Deposit: 200 US$

  • HQ: UK

  • Platforms: MT4, MT5

  • Found in: 2001

Admiral Markets Licenses

  • Admiral Markets UK - authorized by FCA (UK) registration no. 595450.
  • Admiral Markets AS - authorized by EFSA (Estonia) registration no. 4.1-1/46.
  • Admiral Markets Cyprus Ltd - authorized by CySEC (Cyprus) registration no. 201/13
  • Admiral Markets Pty Ltd  - authorized by ASIC (Australia) registration ABN 63 151 613 839 AFSL no. 410681

Top 3 Forex Brokers

  1. What is Admiral Markets?
  2. Awards
  3. Is Admiral Markets safe or a scam?
  4. Leverage
  5. Accounts
  6. Market Instruments
  7. Trading Fees
  8. Deposits and Withdrawals
  9. Trading Platforms
  10. minimum deposit
  11. Customer Support
  12. Conclusion

What is Admiral Markets?

With a quite long operation history since 2001, the Admiral Markets is a brand that operates in the field of investment financial services and 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 throughout transparent pricing and execution.

The trading process indeed built for low latency and high trading frequency that aggregated by the system’s flow from different banks and venues into a single liquidity pool.

That allows providing competitive low spreads and deep liquidity with no restriction on trading styles or strategies, with low slippage and rejection rates and of course at high speeds.

ProsCons
Long history of operation and good recordSome deposit methods will add on commission
Heavily regulated and regarded brokerConditions and proposal may vary according to the entity rules
No restrictions on Strategies
Mainstay on famous MT4 and MT5 with superior edition available
24/7 support
Account suitable for beginners or professional investors
Great education and leading Dow Jones analysis for free use

Admiral Markets Review

10 Points Summary
HeadquortersUK
RegulationASIC, FCA, CySEC, EFSA
InstumentsMetals and currencies, CFDs trading on indices, energies, bonds, stocks and CFDs on Cryptocurrencies
PlatformsMT4 and MT5
CostsLow costs built into a spread
Minimum deposit100$
Base CurrenciesEUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON
Demo AccountOffered
EducationExtensive educational and support materials, throughout various seminars, analytical data researched and daily support
Customer Support24/7

Awards

In fact, various efforts Admiral markets placed to become leading proposals within the markets and various jurisdictions have been recognized timely by publications and awards, along with numerous positive clients’ reviews, which is always great for better reputation.

 Admiral markets awards

Is Admiral Markets safe or a scam?

Admiral Markets, in fact, is heavily regulated by the multiple, world most reputable authorities that includes FCA in UK and CySEC in Cyprus, also EFSA in Estonia and ASIC in Australia.

ProsCons
Regulated by several reputable authoritiesRegulatory regime is different in each jurisdiction thus the offering
Long history of operation and high rankings
Licenses from the UK FCA, CySEC and ASIC
Negative balance protection

Is  Admiral Markets legit?

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.

Protective measures

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.

Admiral markets licenses

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.

  • Recently, Admiral Markets offer lower levels of leverage for retail traders due to the European updates in regulatory requirements,
  • Australian regulation still allows a high level of leverage of 1:500 for Forex instruments.

Admiral Markets leverage

Account

There are few flexible accounts offered by Admiral Markets that allows match of particular trading needs by the choice between two types of platforms divided into Admiral Markets Account and Admiral MT5 Account.

ProsCons
Fast Account Opening, fully Digital Various Account feature defined by the type of investorConditions vary according to investment and jurisdiction
Free deposits
Low minimum deposit
Advanced proposal for various investment need
Base currencies EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON

Account types

The most demanding traders, as well as beginning traders ones, can check the Admiral Markets account that is featured through the MT4 platform and costs built into the spreads. MT4 accounts defined as Trade.MT4 and Zero.MT4 accounts depending 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 like Trade.MT5 and Zero.MT5 with 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$.

Admiral markets accounts

Instruments

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.

Admiral markets instruments

Fees

Typically Admiral Markets costs built into a spread defined by the instrument you trade, also conditions are different according to the account type and platform you would use.

ProsCons
Excellent range of productsConditions and fees vary according to platform and entity
Professional Trader programs
Low Forex and CFD fees
Competitive trading for Stocks

Our find on Forex Fees

Of course, 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 account.

Overall, Admiral Markets spread and costs are quite low and competitive among the market, see samples of the typical spread below for the MT4 account, yet you can check and compare fees to another popular brokerage Plus500.

ProsCons
Long history of operation and good recordSome deposit methods will add on commission
Heavily regulated and regarded brokerConditions and proposal may vary according to the entity rules
No restrictions on Strategies
Mainstay on famous MT4 and MT5 with superior edition available
24/7 support
Account suitable for beginners or professional investors
Great education and leading Dow Jones analysis for free use

Deposits and Withdrawals

ProsCons
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

Deposit methods

To fund the account you will be having choice of the most convenient funding ways that includes 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).

Deposit fees

Also, you may use Przelewy in Poland and iBank&BankLink, while all above will not include any additional transfer fees for you to pay. Moreover, the additional methods of e-wallet payments like Skrill and Neteller are available also, however, will add on a 0.9% fee for the deposit transaction or 1% for withdrawal respectively.

Withdrawals

Nevertheless, Admiral Markets rewards traders by two bank wire withdrawals per month free of charge, while further requests may incur fees for your transfers.

What is the Minimum deposit for Admiral Markets

As for the minimum deposit requirements, it does depend on the account you choose. Alike Admiral Markets account requires only 100$ as a start capital or other currency that you choose as a denominated base currency.

Admiral markets withdrawal

Trading Platforms

For the Admiral Market software and technical performance, let us start from the servers, which are physically located next to all major liquidity providers that in reverse ensures the best execution and lowest latency.

The software Admiral Markets use are reliable, convenient and popular trading platforms MetaTrader4 and MetaTrader5 that was developed by a global leader in trading software the MetaQuotes Software Corp. Both platforms delivering powerful STP execution, with eligible to use EAs with no restrictions, enhanced by various useful tools.

ProsCons
Great platform suitable for all size traders and professionalsNone
Mainstay on multiply awarded proprietary MT4 and MT5
Superior version for advanced traders offered
Powerful trading capabilities with free range of tools
Clean view and good charting

Desktop Trading

MT4 is the most powerful and customer friendly platform for Forex and CFDs trading that recognized the biggest number of traders worldwide. You can install a platform at a desktop, as well reach through the browser as a WebTrader, or 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.

Web Platform

The next option is MT5 is an improved version of the previous powerful platform, also available to almost any device and even features Supreme Edition offering free of charge for any holder of the live account with Admiral Markets. MT5 also supporting various versions including web platform and mobile application for any device.

Mobile platform

Admiral markets platform

Customer Support

Admiral Markets traders also will get easy access to phone support, Live chat room, send email or talk to representatives quite easily. Also, its teams are quite responsive and professionals so you can count on good support from the broker side.

ProsCons
Customer oriented policyNone
Worldwide coverage
Live Chat and phone lines
24/7 customer service
Support of international languages

Education

Furthermore, Admiral Markets provides truly extensive educational and support materials as we found through Admiral Markets review, throughout 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.

ProsCons
Free education and Demo accountNone
Educational videos, Webinars and regular education events
Advanced trading tools and research
Trading ideas
Dow Jones analysis

Admiral markets education

Conclusion

Throughout the Admiral Markets review, we found that the 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.

Moreover, the technical solutions and optimizations are done in a very smart way while using the industry-proven platforms MT4 and MT5. Overall, traders of different sizes and styles can find a way to trade with Admiral Markets through their account offerings, general conditions, as well as multiple opportunities available in various regions.

The alternative is XM.com which provides better trading conditions and holds similar licenses.

Nevertheless, we will be delighted to know your personal opinion about Admiral Markets which you may share in the comment area below.

  • Admiral Markets awarded Best Forex and CFD Broker

    This year 2019, Admiral Markets received awards in two categories by being honored to win the Best CFD Broker 2019 and the Best Forex Broker 2019 that was recognized by German Brokervergleich.de and hit a fourth consecutive year in both categories! Brokervergleich.de, which is a reputable German edition that held a yearly event for Brokers...

    Read more

8 responses to “Admiral Markets”

  1. 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.

  2. 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.

  3. 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

  4. 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

  5. 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.

  6. 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

  7. 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.

  8. 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.

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