Admiral markets is a global brokerage that specializes in multi- asset trading. Although the Admiral Markets group’s main office is located in Tallinn, Estonia, its branch offices are dispersed throughout several other cities.
All the important facts about the broker are covered in this Admiral Markets Review on our trading critique website.
Table 1: Admiral Markets Overview
Admiral Markets Highlights | |
---|---|
Regulated By | The Cyprus Securities and Exchange Commission (CySEC)Cyprus |
The Companies and Intellectual Property Commission (CIPC)South Africa | |
The Australian Financial Services License (AFSL)Australia | |
The Jordan Securities Commission (JSC)Jordan | |
The Financial Conduct Authority (FCA)United Kingdom | |
Account types | Trade.MT4 Trade.MT5 Invest.MT5 Zero.MT4 Zero.MT5 |
Demo account | YES |
Islamic account | YES |
Minimum deposit | $1 |
Maximum Leverage | 500:1 |
Payment Method | CardsBank transfersE-Wallets |
Account Base Currencies | CHF, BGN, CZK, EUR, USD, GBP, HRK, HUF, PLN, RON |
Trading platforms | MetaTrader 5MetaTrader 4MetaTrader WebTraderAdmirals Mobile app |
Commission | YES |
Inactivity fee | YES |
Deposit fee | NO |
Withdrawal fee | YES |
Customer Support | 24/7 |
Market Instruments | Details |
Stocks | YES |
Forex | YES |
Commodities | YES |
Indices | YES |
ETFs | YES |
Bonds | YES |
Admirals Review- An Intro
In 2001, Admiral Markets, a MetaTrader CFD and Forex broker were established. Admiral Markets, a broker, underwent a rebranding in 2021 and is now known simply as Admirals.
The Admiral Markets Group and MetaQuotes Software Corporation have partnered to provide a wide range of MetaTrader Platforms, including MT4, MT5, MetaTrader Supreme Edition, and MetaTrader Web Trader. It developed into a huge enterprise that now employs more than 120,000 traders from 110 different nations and has a physical presence in sixteen different countries.
Admirals – Knowledge bites
Since 2001, the internationally recognized company Admirals has served as a dependable and trustworthy provider for its customers. Low commissions and competitive spreads are features of Admirals. Depending on the Platform you select, it offers a variety of Accounts. A wide range of products, including ETFs, indices, energies, stocks, bonds, and metals, are available for trading in Forex and CFDs through investment companies affiliated with the Admirals TM brand. Admirals provides its customers with cutting-edge software tools, such as MT4 and MT5.
Regulations & Trustability Review of Admirals
Admirals is a top-tier CFD and Forex broker that operates globally and is overseen by several regulatory bodies, including
The Financial Conduct Authority (FCA) has authorized and overseen Admirals UK Ltd.
Admirals Cyprus Ltd is authorized and subject to regulation by the Cyprus Securities and Exchange Commission (CySEC).
Admirals Pty Ltd has an Australian Financial Services License (AFSL).
The Jordan Securities Commission (JSC) has granted Admirals AS Jordan Ltd permission and oversight to conduct investment business.
The Companies and Intellectual Property Commission (CIPC) in South Africa has registered Admirals SA (Pty) Ltd as a registered company. Admirals SA (Pty) Ltd is a Financial Sector Conduct Authority-registered authorized financial services provider.
According to FCA regulations, all client funds are kept completely separate from Admiral Markets assets in an EEA-regulated credit institution. Negative Account Balance Protection compensates clients who have a negative balance as a result of their regular Forex trading activities. Additional financial protection of up to 100,000 USD.
Table 2: Admiral Markets Regulation details
Country | Regulation | Registration Number | Registered Office |
---|---|---|---|
United Kingdom | The Financial Conduct Authority (FCA) | 595450 | Admiral Markets UK37th Floor, One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom. |
Jordan | The Jordan Securities Commission (JSC) | 57026 | Admiral Markets AS Ltdfirst floor, Time Centre Building, Eritrea Street, Um Uthaina, Amman, Jordan |
Australia | The Australian Financial Services License (AFSL) | 410681 | Admiral Markets Pty LtdLevel 1, 17 Castlereagh Street, Sydney, NSW 2000, Australia |
Cyprus | The Cyprus Securities and Exchange Commission (CySEC) | 201/13 | Admiral Markets Cyprus LtdDramas 2, 1st floor, 1077 Nicosia, Cyprus |
South Africa | The Financial Sector Conduct AuthorityThe Companies and Intellectual Property Commission (CIPC) | FSP513112019 / 620981 / 07 | Admirals SA (Pty) LtdDock Road Junction, CNR Dock Road, and Stanley Street, V&A Waterfront, Cape Town, Western Cape, 8001, South Africa. |
Review of Accepting Countries of Admirals
Admiral Markets is present and operating in more than 130 nations around the world. Customers from the following countries are not accepted on the website:
Table 3: Denied countries of Admiral Markets
Denied countries |
---|
YemenVanuatuTurkeythe USASyriaSudanSomaliaNorth KoreaMyanmarLibyaJamaicaIraqIranEthiopiaEquatorial GuineaDemocratic Republic of CongoCanadaBurundiAfghanistan |
Review on Awards won by Admirals broker
Admiral Markets was ranked as one of the top Forex brokers in the world and won numerous industry honors.
Awards | Awarded by |
---|---|
Forex 2012 | The New Europe |
Best Forex Platform 2019 | ADVFN International Financial Awards |
Best CFD Broker 2019 | DKI’s 2019 CFD Broker Customer Survey |
Investments, Products, and Instruments Review of Admirals
The following investment services and products are provided by Admiral Markets to its clients:-
Financial Instruments that you can trade using Admiral Markets:
Commodities
Indices
Stocks
ETFs
Bonds
Forex
- Customers who use Admiral Markets have access to a diverse range of currency pairs, including majors, minors, and emerging markets.
- 50 currency pairs are available for trading, and Retail clients can use leverage rates up to 1:30 and 1:500 for Professional Clients.
- Trading spreads begin at 0 pip and include notable features like negative balance protection.
Commodities
- Users can trade CFDs on commodities like oil, gas, and precious metals like silver and gold with a $200 initial investment.
- Commodities are available with leverage up to a maximum of 1:500 without additional commission fees.
- Five days a week, 24 hours a day, there is commodity trading available.
Indices
- Users can also trade the stock market using indices on some of the top financial exchanges in the world.
- The Platform provides no commission and no-expiration leverage for index trading up to a maximum of 1:500.
- The Admiral Markets only requires a $1 minimum deposit.
Stocks
- Admiral Markets provides trading in individual stock CFDs, along with trading in both stocks and ETFs through the MT5 Invest Account.
- Over 3400 stock CFDs are accessible for trading on various international markets, including the London Stock Exchange (LSE), New York Stock Exchange (NYSE), and Tokyo Stock Exchange (TSE).
- The individual stock CFDs are available to Retail clients with leverage up to 1:5.
ETFs
- Admirals offer to trade on a greater variety of 375 ETFs.
- On ETFs, trading ratios can reach 1:200.
Bonds
- Customers of Admiral Markets have access to zero-commission CFD trading and leverage up to 1:200 when trading CFDs on government treasury bonds.
- There is a $1 minimum deposit requirement at Admiral Markets for CFD trading on treasury bonds.
- Users have the option of short or long sales, with short sales not incurring an additional commission fee.
Trading Platforms available in Admirals – A Review
Admiral Markets Groups and MetaQuotes Software Corporation have partnered to offer their clients a full range of MetaTrader Platforms, including the following:-
Trading Platforms that can be used for trading in Admiral Markets:
MetaTrader 4
MetaTrader 5
MetaTrader WebTrader
Admirals Mobile app
Meta Trader 4
With a focus on CFD trading and forex trading, MetaTrader 4 is regarded as one of the top Retail trading Platforms in the world. Users can trade quickly and reliably using this software, which works with all Windows and Mac devices. By downloading and updating to the most recent version of MetaTrader 4 Supreme Edition, an MT4 Account can set up Acuity Trading Widgets.
Meta Trader 5
The most recent version of MT4 is MT5, which is designed to support more highly experienced traders. Advanced technical and analytical trading tools with a fully customizable user interface are available on the MT5 trading Platform.
MetaTrader WebTrader
Anyone can open a trading Account with Admiral Markets using the simple-to-use web Platform known as MetaTrader WebTrader. On the Web Trader Platform, users have access to a large selection of trade indicators. Additionally, the platform supports well-liked strategies like hedging and 1-minute scalping. This platform also allows for the implementation of different charting tools like the guaranteed stop-out levels and risk management, which helps reduce losses.
Admirals Mobile app
All Android and iOS devices can download the versatile mobile app offered by Admiral Markets. It is simple to download the Admiral Markets mobile trading app from the Apple App Store or Google Play Store. With the help of this compatible mobile app, traders can transact while on the go and still have access to the website’s live price feed. Additionally, the mobile app interface can be customized to meet the requirements of the users.
Review of Types of Accounts available in Admirals
The following Accounts are offered to clients by Admiral Markets:-
The Admiral Markets Account types are: Trade.MT5 Zero.MT5 Invest.MT5 Trade.MT4 Zero.MT4
Trade.MT5
The Trade.MT5 Account requires a minimum deposit of $100, offers leverage up to 500:1, and doesn’t charge commissions when trading foreign exchange. For the EUR/USD, spreads begin at 0.50 pip, and an Islamic swap-free Account is offered.
Zero.MT5
The Zero.MT5 Account has a deposit minimum of 25 USD, spreads that start at 0.0 pips on the EUR/USD, and commissions that range from 1.8 to 3 USD per lot per side for forex and metals.
Invest.MT5
The Invest.MT5 Account has a deposit minimum of 1 USD, spreads that start at 0.0 pips on the EUR/USD, and commissions that range from 0.02 USD per share for stock and ETFs.
Trade.MT4
The minimal deposit for this Account is also 100 USD. On this Account, there are no commission fees and spreads begin at 0.5 pip (EUR/USD). Notably, this Account does not contain any Islamic swap-free options.
Zero.MT4
Leverage on this Account is up to 500:1, spreads on the EUR/USD market start at 0.0 pips, and the minimum deposit is 100 USD. Depending on the trading volume, a commission per side and traded lot range from 1.8 to 3 USD. Swap-free Islamic options are not available on this Account.
Demo Account Review of Admirals
Users of Admiral Markets can open a demo Account with a total of $10,000 in Virtual funds. Users can test out all of the broker’s trading features, including the MT4 and MT5 Platforms, as well as leveraged trading on a variety of trading instruments.
Fees & Commissions Review of Admirals
- The online broker charges a monthly inactivity fee of around $10 on dormant Accounts (inactive for more than 2 years).
- Admirals does charge a 0.3% fee for currency conversion.
- Trading with Admiral Markets incurs fees based on spreads that begin at zero pips.
- The average live spread on major currency pairs such as EUR/USD and GBP/USD is 0.6 pip and 1 pip, respectively.
- Spreads on indices such as the US Dow Jones are typically around 1 pip.
- Brokerage fees differ depending on the asset class.
- Clients are charged swap rates when they hold positions overnight.
Deposit & Withdrawal Methods Review of Admirals
There are no fees for deposits at Admirals. But the withdrawal charges a fee after 1 free withdrawal. Cards, bank transfers, and e-wallets are all acceptable methods of deposit and withdrawal.
Leverage available on Admirals – A Review
For Retail clients, the typical Admiral Markets leverage provided by the Admiral Markets broker is around 1:30. The highest leverage rate available to Admiral Markets clients based in Jordan is 1:500, whether they are domestic or EU clients.
Trading Tools Review of Admirals
The trading tools offered by the Admiral Markets are given below:
Trading Tools available in Admiral Markets:
MetaTrader Supreme Edition
StereoTrader
Virtual private server
Parallels for MAC
MetaTrader Supreme Edition
Admirals now offer MetaTrader 5 Supreme Edition. The set of tools used by Global Opinion is the MetaTrader Supreme Edition. A dynamic view of market sentiment is provided to traders by these tools, which daily scan and analyze large numbers of finance news stories and social media posts. By determining the most suitable assets to trade and alerting traders to market changes that could affect trade success, they can significantly reduce the amount of time traders have to spend on daily research.
StereoTrader
You can access StereoTrader through Admirals every month. StereoTrader is a MetaTrader trading panel with special features that allow for more controlled, seamless trades. With quick and smart automation, this will optimize your entrances and exits.
Virtual private server
You can access a fully functional Windows environment on any device with a VPS, or Virtual private server. You can conveniently and quickly access the most recent versions of MetaTrader 4 and 5 wherever you are and at any time by running Windows on any device of your choice.
Parallels for MAC
The leading virtualization program for macOS devices is Parallels. Run Windows without a hassle in a window on your desktop to gain access to the full Windows ecosystem of programs, including the most recent iterations of MT4 and MT5.
You can benefit from running multiple virtual spaces simultaneously, support for the most powerful systems, and premium 24/7 phone and email support from the Parallels team with your free Parallels Pro Account.
Bonus Review of Admirals
- As you trade, Admirals Cashback rewards you. Your Account will automatically receive a monthly reward based on the volume of trades you make. One dollar is given back for every million dollars in notional volume.
- The welcome bonuses at Admiral Markets are 100%. The Welcome Bonus may not exceed $5000 or its equivalent in the currency of the Account for the Client.
- By making a deposit starting at $20,000, you can join the Premium program and receive special bonuses and benefits.
- By referring friends to Admirals, customers can receive up to 750 USD.
Education and Research Review of Admirals
Trading Central and other learning tools like the Market Analysis are available to brokers with Admiral Markets, offering an impressive range of materials. Market sentiment, Heat maps, and analytics are also available to Admiral Markets customers. Webinars, eBooks, and trader blogs are just a few of the available educational resources. Additionally, traders can take advantage of free online courses on meeting specific trading requirements. The website offers a large number of YouTube videos that cover different market outlooks and analysis reports.
Advantages & Disadvantages of Admirals
Admiral Markets have both advantages and disadvantages which are listed in Table 5.
Table 5 : Pros and Cons of the Admiral Markets website
Pros of Admiral Markets | Cons of Admiral Markets |
---|---|
Trading is possible on more than 8000 markets. | The conditions and plans may vary depending on the entity rules. |
Forex brokers make trading without commissions available. | Trading fees for some accounts. |
Provides MetaTrader Supreme Edition. | |
Possesses a broad range of educational resources. |
Customer Support Review of Admirals
Admiral Markets brokers’ customer support team can be reached via email, phone, live chat, and other means. Clients can also stay up to date on the latest Admiral Markets Group news by following us on Facebook, Twitter, Instagram, YouTube, and LinkedIn. A feedback form is available on the broker’s website’s “Contact Us” page. It has a separate email address and phone number for traders from all over the world.
Table 6 : Customer support service details of Admiral Markets
Social Media Pages of Admiral Markets | |
---|---|
global@admiralmarkets.com | |
Phone | +372 6309 306 (Trading Desk)+442035041364 (Client Queries) |
Telegram | https://t.me/AdmiralsGlobal |
https://www.facebook.com/AdmiralsGlobal/ | |
https://ee.linkedin.com/company/Admirals | |
https://twitter.com/AdmiralsGlobal | |
Supported Languages | Romanian, Russian, Spanish Arabic, Latvian, Lithuanian, Polish, German, Hungarian, Czech, Dutch, English, Italian, Bulgarian, Chinese, Croatian, |
In a Nutshell – Admirals Review
Frequently Asked Questions – Admirals
1. What is Admiral Markets’ required minimum deposit?
Admiral Markets requires a minimum deposit of one euro, pound sterling, or dollar.
2. Is there a Demo Account option at Admiral Markets?
An Admiral Markets demo Account comes with $10,000 in Virtual money.
3. Is Admirals secure?
Yes, it is safe because five financial regulators license and oversee Admirals.
4. What nations are Admirals licensed in?
The UK, Cyprus, South Africa, Australia, Jordan, and Estonia all grant licenses to Admirals.
5. Is Admirals a broker?
Yes, Admiral is a broker that also allows you to invest in stocks and trade forex and CFDs on stocks, bonds, energies, metals, and indices.
Would you like to enhance your trading profitability? Explore our website, tradingcritique.com, to access free trading advice and detailed reviews of brokers.