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.
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.
Furthermore, Admiral Markets provides truly extensive educational and support materials, throughout various seminars, analytical data researched and daily support to their clients. In fact, these efforts have been recognized timely by publications and awards, along with numerous positive clients’ reviews.
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. In simple words that 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.
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.
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.
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.
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 beginningtraders ones can check Admiral Markets account that is featured through the MT4 platform and costs built into the spreads from 0.8 pips. While the Admiral Prime account is a choice for active traders of bigger volume with the commission of 3.0$ per lot and spreads from 0.0 pips.
Overall, Admiral Markets spread and costs are quite low and competitive among the market, see samples of typical spread below, yet you can check and compare fees to another popular brokerage FXTM.
Admiral Markets Spread
Crude Oil WTI
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, while Australian regulation still allows a high level of leverage of 1:500 for Forex instruments.
Deposits and Withdrawals
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), 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.
Nevertheless, Admiral Markets rewards traders by two bank wire withdrawals per month free of charge, while further requests may incur fees for your transfers.
As for the minimum deposit requirements, it does depend on the account you choose. Alike Admiral Markets account requires only 200$ as a start capital.
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.
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.
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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...