Admiral Markets Review

Review sections

• Investor Protection & Regulations
• Tradable Products
• Account Opening
• Deposit & Withdrawals options
• Web & Desktop Trading Platforms
• Mobile Trading Platforms
• Trading Features
• Commissions & Spreads
• Bonus & Promotions
• Customer Support
• Research
• Trader Education
• Trading Experience
• FAQ
• Conclusion

Admiral Markets Video Review

Investor Protection & Regulations

“Admiral Markets is authorised and regulated by multiple regulatory bodies including the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA).”

Admiral Markets abides by some of the strictest regulatory bodies in the world, including the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA). Below is a screenshot which confirms registration and authorisation of Admiral Markets by the FCA:

Other licences and regulations can be confirmed on the relevant regulator’s register. Admiral Markets provides further security of client funds by following the below regulatory requirements:

• Holding client funds in segregated accounts from company funds.
• Providing a negative balance protection policy.
• Publishing public Annual Reports of the Admiral Markets Group AS.

Tradable Products

“Admiral Markets offers clients the ability to trade on more than 8,000+ markets covering Forex, CFDs for Commodities, Indices, Shares, ETFs, Bonds and Cryptocurrency.”

Admiral Markets offers clients the ability to trade on more than 8,000+ markets covering Forex, CFDs for Commodities, Indices, Shares, ETFs, Bonds and Cryptocurrency. Below is a list of just some of the available markets for trading:

* Details regarding the available assets are taken from the Admiral Markets website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

“Admiral Markets offers clients 3 main account types called Trade, Invest and Zero as well as Demo and Islamic trading accounts.”

Admiral Markets offers clients 3 main account types called Trade, Invest and Zero. Those who choose MetaTrader 5 can open a Trade.MT5, Invest.MT5 or Zero.MT5 account whereas those wishing to use MetaTrader 4 can only open a Trade.MT4 or Zero.MT4 account. Clients can also open a demo account.

Each account comes with different features and benefits; however, a brief summary of each account is shown below:

For a more detailed table click here.

Users can open a new account in just a few steps. After clicking the ‘Live Account’ button on the broker’s homepage, users are asked to register with an email and password. Following this, users will be prompted to provide further personal details such as client type (individual or corporate), name, mobile number and more. The final steps include identity verification by submitting proof of identity (passport or driving licence) and proof of residence (utility bill or bank statement – not more than 6 months old).

Admiral Markets does not accept clients from the USA, Canada, Japan (allowed only demo account), Afghanistan, Burundi, Equatorial Guinea, Ethiopia, Iran, Iraq, Jamaica, Democratic Republic of Congo (DRC), Libya, Myanmar (Burma), North Korea (DPRK), Somalia, Sudan, Syria, Turkey, Vanuatu, and Yemen.

Deposit & Withdrawals Options

“Admiral Markets offers a variety of deposit methods including by debit/credit card, bank transfer, PayPal, Skrill, Neteller, SafetyPay, iBank, BankLink, iDeal and more. Withdrawals can only be made via bank transfer, PayPal, Skrill or Neteller.”

Admiral Markets offers a variety of deposit methods including by debit/credit card, bank transfer, PayPal, Skrill, Neteller, SafetyPay, iBank, BankLink, iDeal and more. There are minimum funding amounts for the majority of deposit methods, excluding bank transfer. Additionally, a 0.9% deposit fee applies to payments being made through Skrill or Neteller.

Withdrawal options include bank transfer, PayPal, Skrill or Neteller and clients get two fee-free withdrawals a month after which fees do apply for all methods and start from 1% minimum.

Clients can fund their accounts once logged into the Traders room by clicking on “Transactions” followed by “Deposit”, and similarly withdrawals can be made by clicking on “Withdrawals”. Deposit and withdrawal processing times are instant for the majority of methods but can take up to 3 business days for bank transfer.

Web & Desktop Trading Platforms

“Admiral Markets offers clients the ability to trade on popular platforms such as MetaTrader 4 and MetaTrader 5 across Windows, Mac and Web.”

Admiral Markets offers clients the ability to trade on globally popular platforms such as MetaTrader 4 and MetaTrader 5 across Windows, Mac and Web. Each platform features are highlighted below:

Admiral Markets Web Platform

The Admiral Markets Web trading platform is available across most browsers and offers features such as:

• No download needed
• Multiple asset classes
• Great range of technical tools and indicators
• Can use on PC or Mac

Admiral Markets MetaTrader 4

• Fully customisable
• Advanced charting capability
• Automated Trading
• Over 50 built-in indicators

Admiral Markets MetaTrader 5

• Superior Charting
• VPS support
• Level II pricing
• Free market data and news

A screenshot of the Admiral Markets MetaTrader 5 platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“Admiral Markets offers users the ability to access mobile trading on the go from the Admiral Markets mobile trading app for Android and iOS systems.”

Admiral Markets offers users the ability to access mobile trading on the go from the Admiral Markets mobile trading app for both Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore.

The Admiral Markets mobile trading app provides a range of different features including:

• Trade and manage your account on the go
• Access real-time pricing and trading
• Extensive product offering
• Credit card and document scan depositing in-app
• Charting and live trading

The Admiral Markets mobile trading app is covered in more detail in the video review.

Trading Features

“Admiral Markets provides clients with additional trading features such as MetaTrader Supreme Edition, access to Virtual Private Servers (VPS) and Parallels Pro which is free for 3 months.”

All clients can download the MetaTrader 4 and MetaTrader 5 plug-in called MetaTrader Supreme Edition. The plugin gives clients access to additional powerful tools and features including free technical analysis from Trading Central, large selection of technical indicators, trading simulator to backtest strategies, global opinion widgets and more.

Further, clients who have deposited at least 5,000 EUR can sign up for a free Virtual Private Server (VPS) for lower latency times, 24/7 terminal uptime and fast access to the newest versions of MetaTrader 4 and 5 anywhere and at any time. Clients with at least 3,000 EUR in their accounts who prefer the desktop MetaTrader software can also benefit from getting three months of Parallels Pro for free which will allow Mac users to use the desktop software through a Windows virtual desktop.

Commissions & Spreads

“Trading commissions and spreads vary by account and instrument traded, however, the costs are highly competitive and transparent.”

Trading costs vary between accounts as some accounts are commission free but have larger spreads whilst others have commissions but smaller spreads. The below table shows the different spreads and commissions for each account:

For Non-Islamic accounts overnight funding or ‘swap’ fees are charged on positions which remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

A 10 EUR (per month) inactivity account fee will also be applied if no transactions are executed for 24 months and the account is not holding any open positions.

Bonus & Promotions

“At the time of writing professional clients registered with Admiral Markets Cyprus entity can take part in the Pro.Cashback loyalty programme.’’

At the time of writing professional clients registered with Admiral Markets Cyprus entity can take part in the Pro.Cashback loyalty programme. This programme is for professional clients who deal in high volume and in turn are rewarded with ‘cashback’ to their account every month.

Customer Support

“Admiral Markets offers multilingual customer support via email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page. A dedicated FAQ section can also be found on the education section of the website.”

Admiral Markets offers multilingual customer support between 08.00 to 19.00 GMT +2, 5 days a week via phone, email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page. A dedicated FAQ section can also be found on the education section of the website.

After submitting a question through the live chat, we were connected to an agent who answered our question within 30 seconds, as shown below:

Contact Information:

• Address: Maakri 19/1, 10145, Tallinn, Estonia
• Email: global@admiralmarkets.com
• Phone: +44 20 35 140 756
• Social Media:
  • https://www.facebook.com/AdmiralMarketsGlobal/
  • https://twitter.com/AdmiralMarkets
  • https://www.linkedin.com/company/Admiral Markets-groups
  • https://www.youtube.com/user/AdmiralMarketsFX

Research

“Admiral Markets offers an impressive range of market research through Trading Central which includes Market Analysis across Forex, Indices, Commodities, and Shares. Clients can also view Market Sentiment, Heatmaps, Analytics and more.”

Admiral Markets offers an impressive range of market research through Trading Central which clients with the MetaTrader Supreme Edition add-in can access through their terminals. It includes advanced Technical Analysis on virtually every instrument.

Additional research can also be accessed through the ‘Analytics’ page. A breakdown is shown below:

• Premium Analytics: An online portal where clients can access market news, technical analysis, economic calendar, and global sentiment indicators.
• Technical Analysis: Articles are posted several times a month providing key takes using price charts across various markets.
• Fundamental Analysis: Articles are posted several times a month providing a global economic outlook covering economic data, earnings and analysis of currency, commodity, and equity markets.
• Trader’s Blog: Focuses on the bigger key events across all markets.
• Market Heat Map: A ‘market radar’ to spot the largest movers across multiple markets.
• Market Sentiment: Widgets to show the proportion of people who are either Long or Short.
• Weekly Trading Podcast: Economic news and events of the past and coming week, as well as offering market analysis and trading strategies are discussed.

Clients can also keep up with current and future events with the Forex Calendar and use the Trading Calculator to calculate trade specifics such as profit or loss and required margin.

Trader Education

“Admiral Markets offers a huge variety of educational resources for both beginner and advanced traders through regular Webinars, Forex and CFD Seminars, Trading Videos, Trader’s Blog, eBooks and even Free Online Courses.”

Admiral Markets offers a huge variety of educational resources for both beginner and advanced traders through regular Webinars, Forex and CFD Seminars, Trading Videos, eBooks, and even free Online Courses. Below is a small summary of the main educational resources on offer:

• Forex and CFD webinars: Regular live trading webinars covering various market news and tips hosted by professional financial traders.
• Articles and Tutorials: Comprehensive coverage of trading basics, analysis, indicators, trading psychology and more.
• Zero to Hero: A complete guide to help clients master the Forex markets.
• Forex 101: A 3-step programme to help clients learn everything about trading Forex and CFDs.
• Trading Videos: Youtube videos covering market outlook and analysis reports.

There are also further educational materials including eBooks on “Blockchain Basics”, a Trading Glossary and a FAQ Section where clients can find answers to questions covering trading and the markets in general, software and the Terms & Conditions of the services offered.

Trading Experience

“Admiral Markets provides a great all-round service to clients providing them access to trade on more than 8,000+ markets at very low cost. There is also a plethora of research and educational material to suit traders at all levels of trading.”

From our observations, Admiral Markets provides a very competitive edge with its low trading costs and broad market accessibility. Clients can choose to trade 8,000+ markets across Forex, CFDs for Commodities, Indices, Shares, ETFs, Bonds and Cryptocurrency all through the popular trading platforms MetaTrader 4 and MetaTrader 5.

Clients have multiple account options to suit their trading style choosing either the Trade account with slightly larger spreads and no commission or the Zero account with lower spreads but with commission. The options give traders the flexibility to choose the account that suits them best.

There is also a plethora of research and educational materials available to suit traders at all levels including the MetaTrader Supreme Edition Add-in which is definitely a great value add as there are no additional charges for clients to access it.

FAQ

Is Admiral Markets regulated?

Yes, by FCA, ASIC, CySEC and EFSA.

Where is Admiral Markets based?

Maakri 19/1, 10145, Tallinn, Estonia

How does Admiral Markets make money?

Admiral Markets makes money mainly through spreads, commissions and swaps on certain asset classes.

How do I deposit in Admiral Markets account?

Funds can be deposited via debit/credit card, bank transfer, PayPal, Skrill, Neteller, SafetyPay, iBank, BankLink, iDeal and more.

What is the min. deposit for Admiral Markets?

The minimum deposit is 1 EUR, GBP, USD.

How do I withdraw money from Admiral Markets?

Withdrawals can be made via bank transfer, PayPal, Skrill or Neteller.

What is the max leverage in Admiral Markets?

Retail clients have maximum leverage of 1:30. Professional account clients are offered leverage up to 1:500.

How do I open an account with Admiral Markets?

An account can be opened at the click of a button on the Admiral Markets website and can be done in just a few steps.

Does Admiral Markets use MetaTrader?

Yes, MetaTrader 4 and MetaTrader 5.

Conclusion

“Admiral Markets is a globally regulated broker offering clients access to trade on more than 8,000+ financial instruments covering Forex, CFDs for Commodities, Indices, Shares, ETFs, Bonds and Cryptocurrency all from the popular MetaTrader 4 and MetaTrader 5 trading platforms.”

Admiral Markets was founded in 2001 is regulated globally by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA). The focus for this review are the services offered on the www.admiralmarkets.com website.

Admiral Markets offers clients access to trade on more than 8,000+ financial instruments covering Forex, CFDs for Commodities, Indices, Shares, ETFs, Bonds and Cryptocurrency all through popular trading platforms MetaTrader 4 and MetaTrader 5 which clients can access on Windows, Mac, Web and Mobile platforms.

Users can select from three account types Trade, Zero and Invest. Each has its own features and benefits although the main differences come from spreads and commission structures with some accounts commission-free and some commission-based. The broker does offer demo and Islamc trading accounts. Spreads are very tight and on some accounts are even zero.

There is an impressive range of market research through Trading Central which includes Market Analysis across Forex, Indices, Commodities, and Shares. Clients can also view Market Sentiment, Heatmaps, Analytics and more. Educational resources are also vast for both beginner and advanced traders including Webinars, Forex and CFD Seminars, Trading Videos, Trader’s Blog, eBooks and even Free Online Courses.

Deposits are mainly fee-free except Skrill and Neteller where minimum fees do apply, and clients also get two free withdrawals a month, however, there are charges when withdrawing by bank transfer. In addition to this, there are also minimum deposit and withdrawal amounts for some payment methods. Customer support is offered in multiple languages via live chat and phone between 08.00 to 19.00 (GMT +2), 5 days a week.

• FCA, ASIC, CySEC and EFSA regulated.
• Offers popular platforms MetaTrader 4 and MetaTrader 5.
• Great spreads and commission structure
• Quality customer support