Admiral Markets Broker Review

Is Admiral Markets a scam?

Admiral Markets is a regulated forex broker, which means that it is subject to oversight and regulation by one or more regulatory authorities. The regulatory status of Admiral Markets varies depending on the location of its clients and offices.

In the European Union, Admiral Markets is regulated by the Estonian Financial Supervision Authority (EFSA) and is authorized under the EU Markets in Financial Instruments Directive (MiFID). This means that Admiral Markets is required to adhere to strict regulatory standards, including maintaining sufficient capitalization, segregating client funds, providing transparency and fair dealing, and implementing risk management controls.

In the UK, Admiral Markets UK Ltd is regulated by the Financial Conduct Authority (FCA) and is authorized under the Financial Services and Markets Act 2000 (FSMA). This provides additional protection for clients in the UK, including the Financial Services Compensation Scheme (FSCS), which provides up to £85,000 in compensation in the event that the broker becomes insolvent.

Admiral Markets also has offices and clients in other countries, such as Australia and Cyprus, and is regulated by the relevant authorities in those jurisdictions.

Overall, Admiral Markets has a strong regulatory framework and a good reputation for safety and security. The broker takes measures to ensure the protection of client funds, including segregating client funds from its own operating funds and offering negative balance protection. However, as with any investment, there is always a degree of risk involved, and traders should carefully consider their options and the associated risks before choosing a broker.

Best Forex Brokers Ranking

Rank	Broker	Open Account	Bonus	Platform	Minimum Deposit	ECN
1	Exness	Open Exness account	16$/lot	MT4, MT5, Exness, ...	1$	10$
2	IC Markets	Open IC Markets account	-	MT4, MT5, cTrader	200$	200$
3	XM	Open XM account	30$	MT4, MT5	5$	-
4	XTB	Open XTB account	2000$	MT4, xStation 5	1$	1$
5	FBS	Open FBS account	140$	MT4, MT5, FBS Trader	1$	1000$

Admiral Markets Trading Platforms

Admiral Markets offers several trading platforms for its clients, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its own proprietary platform, the Admiral Markets WebTrader.

MetaTrader 4 (MT4) is a widely used forex trading platform that offers advanced charting capabilities, technical analysis tools, and the ability to use automated trading strategies through Expert Advisors (EAs). MT4 is available for Windows and Mac desktops, as well as mobile devices.

MetaTrader 5 (MT5) is the successor to MT4 and offers additional features and improvements, such as more advanced order types, improved charting, and more in-depth technical analysis tools. MT5 also allows for hedging, which is not possible on MT4. MT5 is available for Windows and Mac desktops, as well as mobile devices.

The Admiral Markets WebTrader is a proprietary platform that is web-based, meaning that it can be accessed from any device with an internet connection and a web browser. The WebTrader offers advanced charting tools, technical analysis indicators, and the ability to use automated trading strategies. It also offers a feature called Social Trading, which allows traders to follow and copy the trades of successful traders.

In addition to these platforms, Admiral Markets also offers mobile trading apps for iOS and Android devices, which allow traders to access their trading accounts and trade on the go.

Overall, Admiral Markets provides its clients with a variety of trading platforms to suit their individual needs and preferences. Traders can choose the platform that best fits their trading style, level of experience, and technological preferences.

Products Admiral Markets provides

Admiral Markets provides a range of financial instruments for trading, including forex currency pairs, commodities, stocks, and indices.

Forex currency pairs are the primary focus of Admiral Markets, and the broker offers over 40 currency pairs to trade, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.

Admiral Markets also offers trading in commodities, including precious metals like gold and silver, as well as energy products like oil and gas.

For traders interested in trading stocks, Admiral Markets provides access to over 4,000 stocks from 15 global exchanges, including the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE).

In addition, Admiral Markets offers trading in indices, which are a basket of stocks or other assets that represent a particular market or sector. The broker provides access to over 30 global indices, including the S&P 500, NASDAQ, and FTSE 100.

Overall, Admiral Markets offers a diverse range of financial instruments for traders to choose from, allowing them to build a portfolio that suits their individual preferences and risk tolerance.

Admiral Markets account types

Admiral Markets offers several account types to cater to the needs of different types of traders. Here are the main account types available:

Admiral Markets Trade.MT5 Account: This account is designed for traders who prefer to trade on the MetaTrader 5 (MT5) platform. It offers tight spreads from 0 pips, fast execution, and a choice of trading instruments, including forex, stocks, indices, and commodities. The minimum deposit for this account is $100.
Admiral Markets Trade.MT4 Account: This account is designed for traders who prefer to trade on the MetaTrader 4 (MT4) platform. It offers similar features to the MT5 account, including tight spreads from 0 pips and fast execution, and a choice of trading instruments. The minimum deposit for this account is $100.
Admiral Prime Account: This account is designed for professional traders and offers lower spreads from 0 pips, ultra-fast execution, and access to a wider range of liquidity providers. The Admiral Prime account requires a higher minimum deposit of $1,000.
Admiral Invest Account: This account is designed for investors who prefer to copy the trades of successful traders. It offers access to the MetaTrader 5 platform and a wide range of trading strategies to choose from. The minimum deposit for this account is $1.
Admiral Markets Zero.MT5 Account: This account is designed for traders who prefer to trade with zero spreads and pay only a commission on trades. It offers access to the MetaTrader 5 platform and a choice of trading instruments. The minimum deposit for this account is $200.

In addition, Admiral Markets also offers a demo account that allows traders to practice their trading skills and test the various trading platforms and features without risking real money.

Admiral Markets trading fees

Admiral Markets charges trading fees in the form of spreads, commissions, and swaps (rollover fees). The exact trading fees depend on the account type, trading instrument, and market conditions. Here is a breakdown of the main trading fees charged by Admiral Markets:

Spreads: The spread is the difference between the bid and ask price of a financial instrument, and it represents the main cost of trading for most traders. Admiral Markets offers variable spreads that start from as low as 0 pips for some account types and instruments.
Commissions: Admiral Markets charges a commission on trades for some account types and instruments, such as the Admiral Prime and Zero.MT5 accounts. The commission varies depending on the account type and instrument, and it is charged in addition to the spread.
Swaps: Swaps are overnight financing charges that are incurred for holding positions open overnight. The swap rate is determined by the interest rate differential between the two currencies in the currency pair being traded, and it can be either positive or negative, depending on the direction of the trade.

In addition to these trading fees, Admiral Markets may also charge non-trading fees, such as deposit and withdrawal fees, account inactivity fees, and currency conversion fees. It’s important to check the broker’s fee schedule before opening an account and to understand how the fees will affect your trading profitability.

Admiral Markets Funding and Withdrawal Options

Admiral Markets offers a variety of funding and withdrawal options to cater to the needs of its clients. Here is a breakdown of the main options available:

Deposit Options: Admiral Markets offers several deposit options, including bank wire transfer, credit/debit cards (Visa and Mastercard), Skrill, Neteller, and various local payment methods. The minimum deposit amount varies depending on the account type and payment method, but it typically ranges from $10 to $100.
Withdrawal Options: Admiral Markets allows clients to withdraw funds using the same payment method used to deposit funds, whenever possible. Withdrawals are processed within 24 hours on business days. The minimum withdrawal amount varies depending on the payment method, but it is typically $10 to $50.
Fees: Admiral Markets does not charge fees for deposits or withdrawals, but there may be fees charged by the payment provider or bank. For example, some credit/debit cards may charge a transaction fee, and bank wire transfers may incur a processing fee. Clients should check with their payment provider or bank to understand any applicable fees.
Processing Time: The processing time for deposits and withdrawals varies depending on the payment method. Deposits are typically processed instantly or within one business day, while withdrawals can take up to five business days to reach the client’s account, depending on the payment method.

It’s important to note that Admiral Markets may require clients to provide additional documentation or information to verify their identity and comply with anti-money laundering regulations before processing deposits or withdrawals. Clients should also ensure that they have read and understood the broker’s funding and withdrawal policies before initiating any transactions.

Admiral Markets’ promotions

Admiral Markets offers various promotions from time to time to attract and reward its clients. Here are some of the promotions that may be available:

Deposit Bonus: Admiral Markets may offer a deposit bonus to new or existing clients who make a qualifying deposit. The bonus amount and terms and conditions may vary depending on the promotion.
Cashback Program: Admiral Markets may offer a cashback program that rewards clients for their trading activity. Clients can earn cashback on their trades, which is deposited into their trading account at the end of each month.
Trading Contests: Admiral Markets may hold trading contests from time to time, where clients can compete with each other to win prizes. The contests may have different rules and requirements, such as minimum trading volume or profitability.
Free Education: Admiral Markets offers free educational resources, such as webinars, articles, and tutorials, to help traders improve their skills and knowledge. Clients can access these resources from the broker’s website or trading platforms.

It’s important to note that promotions may have specific terms and conditions, such as minimum deposit requirements, trading volume requirements, or expiry dates. Clients should carefully read and understand the promotion terms before participating to ensure that they meet the eligibility criteria and can comply with the requirements.

Admiral Markets customer support

Admiral Markets provides customer support to its clients via multiple channels. Here are the main customer support options available:

Live Chat: Admiral Markets offers a live chat service that is available 24/5 during trading hours. Clients can chat with a customer support representative in real-time and receive assistance with their queries.
Email: Clients can send an email to Admiral Markets’ support team at support@admiralmarkets.com to receive help with their questions or concerns. The broker aims to respond to emails within 24 hours.
Phone: Admiral Markets provides a phone support service that clients can use to speak directly with a customer support representative. Phone support is available in multiple languages, and the broker provides different phone numbers for different regions.
FAQ: Admiral Markets’ website includes a comprehensive FAQ section that covers a wide range of topics related to trading with the broker. The FAQ provides answers to commonly asked questions, such as account opening, trading platforms, fees, and trading conditions.

Admiral Markets also offers support in multiple languages, including English, Spanish, German, French, Italian, and more. The broker aims to provide prompt and efficient customer support to ensure that its clients have a positive trading experience.

Admiral Markets Educational Resources

Admiral Markets provides a range of educational resources to help traders improve their skills and knowledge. Here are some of the educational resources available:

Webinars: Admiral Markets offers live webinars on a regular basis that cover various topics related to trading. These webinars are hosted by experienced traders and analysts and provide insights into market trends, trading strategies, and risk management.
Articles: Admiral Markets’ website includes a library of articles on different trading topics, such as technical analysis, fundamental analysis, trading psychology, and risk management. These articles are written by experienced traders and aim to provide valuable insights into trading.
Tutorials: Admiral Markets provides tutorials on how to use its trading platforms and features. These tutorials are designed to help traders navigate the platform and make the most of its features.
Trading Central: Admiral Markets provides access to Trading Central, a third-party research platform that offers technical analysis reports, trading signals, and market commentary. This resource can help traders make informed trading decisions based on technical analysis.
Demo Account: Admiral Markets offers a demo account that allows traders to practice trading with virtual funds in a risk-free environment. This can be a useful way for traders to test their strategies and get familiar with the trading platforms before trading with real funds.

Admiral Markets’ educational resources are available to all clients, and the broker aims to provide high-quality educational content that is accessible and easy to understand.

Pros and cons of Admiral Markets

Pros:

Well-Regulated: Admiral Markets is regulated by several respected financial authorities, including the FCA in the UK, CySEC in Cyprus, and ASIC in Australia. This can provide clients with a higher level of safety and security.
Multiple Trading Platforms: Admiral Markets offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5, and the proprietary Admiral Markets platform. This can provide traders with more flexibility and choice.
Low Minimum Deposit: Admiral Markets has a low minimum deposit requirement, making it accessible to traders with small account sizes.
Educational Resources: Admiral Markets provides a range of educational resources to help traders improve their skills and knowledge, including webinars, articles, tutorials, and Trading Central analysis.
Diverse Product Range: Admiral Markets offers a wide range of financial products, including forex, stocks, indices, commodities, and cryptocurrencies. This can provide traders with more opportunities for diversification.

Cons:

Limited Cryptocurrency Selection: While Admiral Markets offers some popular cryptocurrencies, the selection is relatively limited compared to other brokers.
Inactivity Fee: Admiral Markets charges an inactivity fee of €10 per month after 24 months of inactivity, which may discourage some traders who are not actively using their accounts.
Limited Customer Support: While Admiral Markets offers a range of customer support options, some traders may find the support to be limited compared to other brokers.
Limited Bonuses and Promotions: Admiral Markets offers promotions from time to time, but these may be less frequent or less generous than those offered by other brokers.
Limited Research and Analysis: While Admiral Markets offers access to third-party research platforms such as Trading Central, the broker may provide less in-house research and analysis compared to other brokers.

Frequently asked questions about Admiral Markets

Is Admiral Markets regulated?

Yes, Admiral Markets is regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Australian Securities and Investments Commission (ASIC) in Australia.

What trading platforms does Admiral Markets offer?

Admiral Markets offers a range of trading platforms, including MetaTrader 4, MetaTrader 5, and the proprietary Admiral Markets platform.

What financial products can I trade with Admiral Markets?

Admiral Markets offers a range of financial products, including forex, stocks, indices, commodities, and cryptocurrencies.

What are the account types available at Admiral Markets?

Admiral Markets offers two main account types: the Admiral.Markets account, which is designed for forex and CFD trading, and the Admiral.Invest account, which is designed for investing in stocks and ETFs.

What is the minimum deposit at Admiral Markets?

The minimum deposit at Admiral Markets varies depending on the account type and the payment method. The minimum deposit for the Admiral.Markets account is $100, and the minimum deposit for the Admiral.Invest account is $1.

Does Admiral Markets offer a demo account?

Yes, Admiral Markets offers a demo account that allows traders to practice trading with virtual funds in a risk-free environment.

What are the funding and withdrawal options available at Admiral Markets?

Admiral Markets offers a range of funding and withdrawal options, including bank transfers, credit/debit cards, electronic wallets, and local payment methods.

Does Admiral Markets offer educational resources?

Yes, Admiral Markets provides a range of educational resources to help traders improve their skills and knowledge, including webinars, articles, tutorials, and Trading Central analysis.

What are the trading fees at Admiral Markets?

Admiral Markets charges spreads and commissions for trading, which vary depending on the financial product and the account type. The broker also charges an inactivity fee of €10 per month after 24 months of inactivity.