Admiral Markets Review

Broker: Admiral Markets

Leverage: 1:30 | 1:500

Regulation: ASIC, FCA, CySEC, EFSA, IIROC, JSC.

Min. Deposit: 100 US$

HQ: UK

Platforms: MT4, MT5

Found In: 2001

Website: admiralmarkets.com

Admiral Markets Licences

  • Admiral Markets UK - Authorized by FCA UK (UK)registration number 595450.

  • Admiral Markets AS- authorized by EFSA (Estonia)registration no. 4.1-1/46.

  • Admiral Markets Cyprus Ltd. - Authorized by CySEC, Cyprus (Cyprus).registration number. 201/13

  • Admiral Markets Pty Ltd - authorized by ASIC (Australia)registration ABN 63 151 613 839 AFSL no. 410681

  • Admiral Markets Canada Ltd. is authorized by IIROC Canada (Canada)

  • Admiral Markets AS Ltd is authorized by JSC Jordan (registration no. 57026)


What are Admiral Markets?

Admiral Markets has been in operation since 2001. It is a well-known brand in the investment financial services industry. The company's headquarters are in the UK, but it also has offices in Australia, Estonia, and Cyprus. Click here to visit FxPro, which has its headquarters in the UK.


Through transparent pricing and execution, the general Admiral Market goal is to provide traders with access to functional software and high quality to their community. Trading process that is low in latency and offers high trading frequency. This pool of liquidity can be accessed by all banks and venues.

Overview

55 Brokers Financial Experts have over 10 years of experience in Forex Trading. They reviewed all trading conditions, including fees, platforms and regulation. They also contacted customer service to place traders to view trading conditions. This allows them to offer expert opinions about Admiral Markets.


Pros

  • Offers StereoTrader dashboard for MetaTrader and Supreme suite of custom indicators.

  • Premium Analytics features Dow Jones News, sentiment analysis from Acuity Trading, and Trading Central signals.

  • Outstanding educational content.

  • Regulated in Australia by ASIC, Cyprus by CySEC, the U.K. (by FCA), and Jordan (by JSC).

  • 340 Admiral Markets staff serve over 48,000 clients, with more than $82 million in clients assets.

  • Provides a unique set of volatility protection tools for managing risk.

  • Competitive pricing for EUR/USD.


Cons

  • Account for MT5 offers a significantly narrower range of tradeable symbols.

  • Admiral Markets AS is the sole liquidity provider for all its group companies.

  • Spreads on the commission-free Trade account are in-line with the industry average of 0.8 pips for EUR/USD.

  • The social trading feature is new to Admiral Markets, but doesn't yet stack up against competitors like eToro and ZuluTrade.

  • Admiral Markets App is still relatively unsophisticated.

Rating of the company overall

  • Reliability ⭐⭐⭐⭐

  • Platform ⭐⭐⭐⭐

  • Commissions ⭐⭐⭐⭐⭐

  • Support ⭐⭐⭐⭐

  • Financial instruments ⭐⭐⭐⭐⭐

RATING: 4.4


Specifications

Admiral Markets is an ECN broker


Admiral Markets uses NDD and STP execution models, which depend on the entity that you are trading through. Conditions vary depending on the jurisdiction.

Admiral markets offered competitive spreads and deep liquidity. There were no restrictions on trading strategies or styles, which was great for traders of all sizes.

Admiral Markets: Pros and Cons

Admiral Markets is one of the most respected large brokers. They have a strict regulation and are well-respected. The account opening process is simple and digital. Admiral Markets spreads were among the lowest in the industry, according to our research. All trading strategies are also available. There are Mt4 and MT5 platforms, great education, research, and 24/7 support. Admiral Markets also offers copy trading and auto trading strategies, so novice traders are welcome.


Admiral markets have no negative aspects. However, we know that the conditions and proposals vary depending on the entity rules. Some deposit methods may also add commissions in certain jurisdictions. It is important to check these conditions. There are also negative trader experiences, which can be found on our website as well as other sources. It is important to verify the conditions before you start trading.



Overall Ranking of Admiral Markets

Admiral Markets has been rated as a reliable broker by our Expert opinion. They offer trading conditions that are suitable for traders with different levels of experience and trading investment. It is also great that Admiral Markets allows traders from all corners of the globe, including Australia, Canada, and Europe. Admiral traders also receive excellent customer service, including great education and the best trading courses in the industry. Admiral Markets is a great place to start trading, and it's also a good choice for experienced traders.


Admiral Markets Overall Rating is 8 out 10 based upon our testing. Compare this to 500 other brokers. See Our Ranking below compared with other industry-leading brokers.

Comparing Trading Platforms to Other Brokers

Admiral Markets Alternative Brokers

Admiral Markets offers excellent trading conditions. However, some of our findings show that there are some issues with trading performance. Some traders also notice delays and execution problems. These issues are not always a problem but can happen from time to time. Spreads are excellent. Based on our experience, 0.6 EURUSD is one of the lowest spreads in the industry. Other brokers might offer better execution but higher spreads. These alternatives can be found in our selection below.


Read detailed reviews of alternative brokers:

  • FXTM – Good for Beginners, Good Fees

  • Dukascopy - Excellent for Shares, Futures Trading

  • eToro - Great for Social Trading

Awards

Admiral markets was ranked as one of the top Forex brokers worldwide, and received numerous industry awards. The awards and trading proposal changed, as did the licensing. This allowed for greater coverage around the globe. Admiral Markets' proposal in the markets and other jurisdictions has been acknowledged timely by publications and awards. This is a great way to build a better reputation.

Admiral Markets: Safe or scam?

Admiral Markets is tightly regulated by numerous, internationally reknowned authorities including FCA (UK) and CySEC (CySEC in Cyprus), also EFSA, Estonia, and ASIC in Australia. IIROC in Canada is not a fraud. This is good for traders' safety as it ensures that brokers have multiple licenses around the world.

Is Admiral Markets located in the United States?

Admiral Markets is licensed in different countries and serves many entities. The broker's legal status is determined by its regulatory status and the required license. Simply put, regulation refers to the operation of the broker and their service. Every step is strictly controlled .

Investors and traders can trade in confidence knowing that the broker is being monitored. While different jurisdictions might have slightly different requirements, they are still concerned about the fundamental issue of a safe trading environment.

Protective measures

The company must follow certain operating guidelineswhile offering a safe online trading platform and high financial confidence. All client funds are kept separate from company assets, and traders are covered under the FSCS (The Financial Services Compensation System). This includes encryption of data and an overall secure environment.


View our conclusion on Admiral Markets Trust scores:

  • We are proud to rank our Ranked Admiral trust Score at 10 out of 10 for excellent regulation and coverage that is truly global. We also found Admiral Markets' evolution to be a positive thing. They add additional licenses in other jurisdictions which allows for expanded trading opportunities for traders and countries. Canada IIROC licenses were received a while back, and Admiral Markets does not have an offshore entity, which is a great plus.

What is Admiral Markets Leverage and how can it be used?

Admiral Markets is an international brokerage. It provides its services through four worldwide offices to choose from. There are differences depending on which jurisdiction Admiral entities comply with.


Admiral Markets offers marginal trading. This means that you can trade with a multiplied amount than your initial deposit, and take on larger positions. This tool can give you a huge advantage and increase your potential gains. You should learn how leverage works and be well-versed in it. The leverage levels vary depending on where you live and can be different in each country. We recommend that you verify these conditions.

  • Admiral Markets have recently been able to offer retail traders lower leverage levels due to European updates in regulatory requirements. 1:30 Europe

  • The Australian regulations allow a high degree of leverage of 1:500 for Forex instruments.

Types of accounts

Admiral Markets offers limited flexibility accounts that allow you to choose the trading account that suits your trading needs. They offer two types of platforms: Admiral Markets and Admiral MMT5. All in all, it is a good offer that offers traders many options.

Admiral Markets accounts are available to the most demanding traders and beginning traders. The spreads and costs can be negotiated through the MT4 platform. MT4 accounts can be defined as Zero.MT4 or Trade.MT4.MT4 accounts have a fee structure that includes all spread costs, interbank quotes, and a commission per lot.

MT5 accounts can also be called Zero.MT5 or Trade.MT5 due to a similar structure. Investors have a separate type of account - Invest.MT5 which allows them to invest in stocks and ETFs with a minimum deposit requirement only 1$.


Instruments

Admiral Markets offers trading metals as well as CFDs for indices and energies. They also offer CFDs on stocks, indices and bonds. Admiral Markets are constantly expanding their trading instrument range. This is a great thing. They also add Cryptocurrencies, Ethreum and other currencies.


Admiral Markets Score: 9 out of 10 for good trading instruments selection. A wider range is available only to international clients.

Fees

Admiral Markets costs are typically built into a spread that is defined by the instrument you trade. Conditions can also vary depending on the type of account and platform you use. See our experet research on Admiral Markets fees below. This includes funding fees as well as inactivity fees.

  • Admiral Markets fees are rated as low at 9 out of 10 based on our testing, and compared to over 500 brokers. It is important to note that fees vary depending on the entity. Traders might be able to save money by not paying additional fees such as withdrawal fees or funding fees.

Spreads

The Admiral Spread varies depending on account offering. We tested it out. Cash Indices - 0.05 to 3.0 USD for 1.0 lots. Energies – 1 USD per 1.0 lot for Zero MT4 accounts.

You can still compare fees with other brokerage FP Markets.

  • Admiral Markets costs and spread are very competitive in the market. Overall rating is 9 out of 10. Based on our testing, you can see the average spread for the MT4 account below. The EURUSD spread is also very impressive.

Deposits and withdrawals

You can fund your accounts using the most convenient options, such as major bank transfer, Visa and MasterCard payments, Klarna (that is available in European countries Germany. Austria. Belgium. France. Spain. Hungary. Slovakia. Czech Republic). You can also use Przelewy and iBank&BankLink. All above won't have any additional transfer fees for you to pay. This increases funding options for traders and is always good.

  • We rated Admiral Funding methods Excellent with an overall rating of 10/10. There are no fees or very low fees. The range of supported funding options is excellent, but it depends on which entity you trade with.


We have compiled a list of positive and negative points about Admiral Markets funding options:

Deposit fees

Brokers doesn't mention fees for deposits. However, additional methods of electronic payment like Skrill or Neteller will charge 0.9% for deposit transactions and 1% for withdrawals. It all depends on the trading method used and who you trade with.

Withdrawals

Two bank wire withdrawals per monthly are free. However, additional requests could incur fees. We assume that withdrawals will be free.


A bonus is that withdrawals can be made using the same methods as deposits, including most popular Bank Wire and Card payment options.

What is the minimum deposit required to access Admiral Markets?

Admiral Markets account only requires 100$as start capital or any other currency you choose to be your base currency. It does not depend on which account you choose.

Admiral Markets Minimum Deposit vs Other Brokers

Trade Platforms

Let's start with the servers. They are located near all major liquidity providers. They provide high execution and low latency.

Admiral Markets' software is reliable and convenient and is a mainstay on the popular trading platforms MetaTrader4 and MetaTrader5 . Both platforms offer STP execution and allow for the use of EAs without restrictions. This is a great opportunity, along with many useful tools.

Ratings for Platforms

Admiral Markets uses the most well-known industry platforms MT4 and MT5 . This is obviously to traders' advantage as these platforms allow them to access extensive education and get many extensions. The platforms that have gained high ratings because of their international recognition are always a benefit to brokers' proposals.

  • Admiral Markets Platform have been rated Good with an overall rating of 8 out 10, compared to over 500 brokers. It is good because Admiral Markets only offers MetaTrader platforms and does not develop its own. Platforms are great for research, tools and EAs trading, but they can also be used to copy trades.

Admiral Markets Desktop Trading

MT4 is the most popular and user-friendly platform for Forex tradingrecognized worldwide by the largest number of traders. You can install MT4 on your desktop or on your mobile to access the platform and enhance the features of the MetaTrader Supreme edition offering.

This plugin adds intuitive features to MT4 and makes it even more powerful. It includes trading widgets and mini terminal with management options. Also, the plugin has tick chart trader and indicator package.

Web Platform

The next option is MT5 which is an enhanced version of the powerful platform. It is also available on almost all devices. It also offers Supreme Edition, which is free for any account holder with Admiral Markets. MT5 supports multiple versions, including mobile apps and web platforms for all devices. This allows you to feel at ease with any device.

Ratings for Platforms

Admiral Markets uses the most well-known industry platforms MT4 and MT5 . This is obviously to traders' advantage as these platforms allow them to access extensive education and get many extensions. The platforms that have gained high ratings because of their international recognition are always a benefit to brokers' proposals.

  • Admiral Markets Platform have been rated Good with an overall rating of 8 out 10, compared to over 500 brokers. It is good because Admiral Markets only offers MetaTrader platforms and does not develop its own. Platforms are great for research, tools and EAs trading, but they can also be used to copy trades.

Admiral Markets Education

Admiral Markets offers truly rich educational and support materials, as we discovered through Admiral Markets review. They offer a variety of seminars, data research, and support for their clients every day, so even a complete beginner will feel at home with Admiral Markets.


You can also access market news and analysis from Dow Jones, along with trading tools and extensions built into the platforms. This will allow you to make better trading choices based on the most recent information.

  • Admiral Markets Education was ranked with an overall rating of 10 based on our research. It offers excellent education materials, high quality research, and runs its Academy, which includes Webinars, trading videos, and other services.

Admiral Markets Review: Conclusion

Admiral Markets reviewed broker and found it to be a well-regulated online trading company. Admiral Markets offers the opportunity to trade with high liquidity conditionsfrom top tier providers. This is possible through fast order executions, a low deposit to begin and its attractive pricing strategy. The industry-proven platforms and HTML5 allow for optimizations and technical solutions to be done in a highly efficient manner.


Based upon Our Expert Findings, Admiral Markets is Good For:

  • Trade professionals

  • Starting traders

  • Run Scalping

  • Traders who prefer the MT4 or MT5 platform

  • EAs trading

  • Spread trading

  • It is suitable for many trading strategies

  • You will find a large selection of instruments