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. Admiral Markets Pros and Cons
  3. Awards
  4. Is Admiral Markets safe or a scam?
  5. Leverage
  6. Accounts
  7. Market Instruments
  8. Trading Fees
  9. Spreads
  10. Deposits and Withdrawals
  11. Trading Platforms
  12. minimum deposit
  13. Customer Support
  14. 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.

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 platfroms with great education, research and 24/7 support.

There is no much negative points for Admiral markets, conditions and proposal may vary according to the entity rules also some deposit methods will add on commission.

Admiral Markets Review

10 Points Summary
🏢 HeadquartersUK
🗺️ RegulationASIC, FCA, CySEC, EFSA
📉 InstrumentsMetals and currencies, CFDs trading on indices, energies, bonds, stocks and CFDs on Cryptocurrencies
🖥 PlatformsMT4 and MT5
💰 EUR/USD Spread0.6 pips
💳 Minimum deposit100$
💰 Base currenciesEUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON
🎮 Demo AccountOffered
📚 EducationExtensive educational and support materials
☎ 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,  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 so is not a scam.

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 types

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.

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. Moreover, see fee table below including funding fees and inactivity fees to consider full fee structure.

AssetAdmiral Markets FeesAvaTrade FeeseToro Fees
Deposit FeeNoNoNo
Withdrawal FeeNoNoYes
Inactivity FeeYesYesYes
Fee rankingLowAverageHigh

Spreads

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 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.

Asset/ PairAdmiral Markets SpreadAvaTrade SpreadeToro Spread
EURUSD Spread0.6 pips1.3 pips3 pips
Crude Oil WTI Spread3 pips3 pips5 pips
Gold Spread17 cents4045
BTC/USD500.75%0.75%

Deposits and Withdrawals

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

Admiral Markets rewards traders by two bank wire withdrawals per month free of charge, while further requests may incur fees for your transfers. Withdrawal methods offered the same options like deposits including most used Bank Wire and Card payments.

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 amount is the same.

Admiral Markets minimum deposit vs other brokers

Admiral Markets Most Other Brokers
Minimum Deposit $100 $500

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.

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.

Admiral markets education

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.

  • 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...

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  • Forex Brokers Unprofitability – April 2021

    It is the beginning of the second quarter of the year, which means it’s time for the quarterly reports with the unprofitability percentage from the forex brokers. Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites.  The provided percentage shows the number...

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13 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.

  9. 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,

  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

  11. 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.

  12. 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.

  13. 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.

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