Admiral Markets – review and feedback from tradres of the forex broker

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Admiral Markets Review

5 minutes read / Updated: 31 March 2020

Founded in 2001, an online broker with a global presence that includes fully-regulated offices in the UK, Estonia, Cyprus and Australia, which offers trading in an impressive selection of Contracts for Difference (CFDs) on forex currency pairs, indices, commodities, stocks, futures, ETFs, bonds and cryptocurrencies.

If you’d like to see how we review the Admiral Markets UK review to determine if the broker meets your trading requirements and if it makes sense to open an account with them today.

Note that this is not a forex or cryptocurrency review, even though you can trade those markets because the broker only offers CFDs on such assets.

Strengths

  • Supports MetaTrader 4 and 5 (MT4/5).
  • Free demo account.
  • Customer service provided via live chat, phone, email and in-person.
  • Several different account types, including an Islamic account.
  • Provides negative balance protection.

Weaknesses

  • Does not accept deposits via PayPal.
  • Demo account expires in 30 days.
  • Charges trading commissions on some accounts.

What can you trade?

Admiral Markets CFD Review

When it comes to forex trading, Admiral Markets has been around a long time, although the broker only offers access to a rather modest range of 47 CFDs on currency pairs via its straight-through-processing broker model.

You can trade forex at Admiral Markets in micro lot sizes as small as 0.01. The online CFD broker also supports both MetaTrader 5 and MetaTrader 4 (MT4), which are the most popular platforms among retail forex traders.

Admiral Markets lets you operate in all major currency pairs and major crosses, in addition to a selection of minor and exotic currency pairs. Maximum leverage ratios range from 30 to 1 for retail clients up to 500 to 1 for professionals.

Cryptocurrency traders can also execute CFDs on 22 cryptocurrencies/fiat currency pairs and another 10 cryptocurrency cross pairs. Traders at Admiral Markets also have CFDs on two government bond futures to choose from, in addition to CFDs on 11 commodity futures and 16 spot metals, agricultural and energy commodities.

If you are into stocks, then you can trade CFDs on 19 cash indices and 24 index futures, as well as over 3,700 individual stocks from a variety of equity markets around the world. Commissions start at $1 for USD denominated stocks with no minimum transaction size.

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As a retail trader, you can trade CFDs on more than 300 exchange traded funds (ETFs) with USD-denominated ETF commissions just $0.01 and a minimum trade size of $1, while professional traders have access to over 500 ETFs.

Admiral Markets lets you to use off-the-shelf trading robots and automate your trading plan via MT4 or MT5. Hedging strategies are allowed with most account options, and an Islamic swap-free account is available to some MT5 users.

Admiral Markets Social Trading Review

Social trading at Admiral Markets currently consists of the broker’s support for the Trading Signals service offered by MT4 and MT5. This social trading feature provides you with access to the sizeable associated community of experienced traders that use those popular platforms.

Clients of Admiral Markets can follow the trades of others within the MT4/5 community and copy them in their own account automatically. The fees charged for this service depend on what trader you are following.

What did our traders think after reviewing the key criteria?

Admiral Markets Fees

Clients will generally pay away a modest dealing spread whenever they enter or exit a trading position, which is normal. Spreads are very competitive due to the broker’s STP model, which gives its clients direct access to the market.

There is no fee charged to open an account as the broker does charge an inactivity fee of €10 per month. You can also make internal transfers between accounts of the same base currency at no charge, but you will pay a 1% exchange fee to transfer funds to an account with a different base currency.

The Admiral.Markets and MT5 account types have no commission but they do have a minimum spread that is 0.1 for EUR/USD for example. On the other hand, the Prime account charges a commission of $3 per lot and has no minimum spread.

Deposits are generally free, other than via some ewallets like Skrill, Neteller and SafetyPay. Most traders also get to make two free withdrawal requests each month via bank transfer, Skrill or Neteller, although some wire transfer withdrawals involve modest charges, and your bank may also charge fees.

Furthermore, unless you have an Islamic account, you may be charged rollovers or swaps when long the lower interest rate currency in a pair overnight due to interest charges. This is primarily a concern for traders who run overnight positions.

Account Types

Admiral Markets provides a free demo account that can be used to practice trading with, although it expires in the rather short time of 30 days. The broker also has a set of four live account types broken down by the MetaTrader trading platform you wish to use as follows:

Uses MT5:

· MT5: Requires a £/€/$100 minimum deposit and has a minimum spread of 0.5 pips with no forex commissions and single stock and ETF commissions from $0.01/share. Forex leverage ratios are as high as 30:1 for retail and 500:1 for professional traders dealing with the broker’s UK office. Has an Islamic swap-free option. Has negative balance protection, and you can trade in micro lots.

· Admiral.invest: Requires only a £/€/$1 minimum deposit and has a minimum spread of 0 pips with no commission. No leverage on forex or indices, no Islamic option, no negative balance protection and no minimum lot size.

Uses MT4:

· Admiral.Markets: Requires a £/€/$100 minimum deposit and has a minimum spread of 0.5 pips with no forex commissions and single stock and ETF commissions from $0.01 per share. Forex leverage ratios are as high as 30:1 for retail and 500:1 for professional traders dealing with the broker’s UK office. No Islamic option. Has negative balance protection, and you can trade in micro lots.

· Prime: Requires only a £/€/$100 minimum deposit and has a minimum spread of 0 pips with a commission on forex and metal CFDs of $1.8 to $3.0 per lot. Forex leverage ratios are as high as 30:1 for retail and 500:1 for professional traders dealing with the broker’s UK office. No Islamic option. Has negative balance protection, and you can trade in micro lots.

Platforms

Broker supports the well documented and very popular MetaTrader 4 and 5 suit of trading platforms that are provided free of charge from their third-party developer MetaQuotes. In addition to the classic MT4/5 desktop platforms, there are web-based and mobile versions for iOS and Android.

The MT4/5 platforms also have a free MetaTrader Supreme Edition plugin that extends the platform’s basic capabilities and works on both live and demo accounts. A screenshot of MT5’s mobile app is shown below on its quotes page.

Usability

Official website seems easy-to-read with black text on a white background, eye-catching imagery near the top and a bright blue menu bar that has links to basic areas you might be curious about.

The site’s main menu bar includes tabs entitled: About Us, Start Trading, Products, Platforms, Analytics, Education and Partnership. There are also phone and language buttons in the upper right of each website page, in addition to Login and Create Account buttons so you can get started right away. The page bottoms contain additional website and social media links, as well as legal information.

Customer Support

Provides its customers with the perfect range of contact options on its website that can be used to ask questions and get support on technical issues. These include telephone, live chat and an email contact form. Staff are available to provide support on a 24/5 basis during the forex trading week.

An especially nice and somewhat unusual feature is that you can drop into their offices to deal with issues. Their UK offices are located in London at 16 St Clare Street, EC3N 1LQ.

You can leave feedback or drop the broker a message over the weekend for when support resumes using the website form on its Contact Us page shown below.

Payment Methods

As a global broker, allows customers to make deposits and withdrawals using a variety of payment channels. They include the following:

  • Credit and debit card payments: Visa and MasterCard deposits are free and are processed instantaneously. Deposit transactions have a minimum amount of £/€/$50 and a limit of £/€/$5,000 per transaction. There does not seem to be a withdrawal option for this payment channel.
  • Bank wire transfer: Wire transfers can be sent from and to banks anywhere without a transaction minimum or limit. They are free for deposits and you get two free withdrawals each month, although your bank may charge for such transactions. Processing times can be up to three business days.
  • E-wallets: supports Neteller and Skrill for deposits and withdrawals, but not PayPal. Transactions are instantaneous, deposits incur a 0.9% charge and you can get two free withdrawals per month.

UK traders can make deposits directly in pounds sterling (GBP), as well as in USD, EUR, AUD, BGN, CHF, CZK, HRK, HUF, NOK, PLN, RON, RUB and SEK. Deposits made in different currencies from your account’s base currency are converted to that base currency at prevailing exchange rates.

Best Offers

If you are considered a professional client and are willing to deposit more than £15,000, then they will give you a personal offer to help make your trading conditions as competitive as possible. You just need to fill in a request form on their website to be considered for this promotional offer.

Another nice thing is their flexible on-boarding policy. This makes it possible for traders to have accounts with more than one of their offices. This means that a retail UK-based trader looking to trade forex CFDs might ordinarily be subject to a 30 to 1 leverage ratio if they trade through FCA-regulated UK office, but if they open an account with ASIC-regulated Australian office, then they could be able to trade using 500 to 1 leverage.

In addition, Admiral Markets offers useful analytics for the markets they offer CFDs on. These include: fundamental and technical analysis reports, a Trader’s Blog, a forex economic calendar, a market sentiment indicator for major forex pairs and gold, and a proprietary market heat map that shows assets that were recent top movers.

When it comes to learning material, they provide considerable educational assistance aimed at beginners. This includes forex and CFD webinars and seminars, articles, tutorials, a risk management guide, a 21-day “Zero to Hero” trading course, and a Forex 101 online course. You can also open a demo account to practice trading in.

Also has several active and highly-popular social media accounts. The broker’s busy Facebook Page presently has over 416,000 followers, while its up-to-date Twitter account has almost 19,500 followers and 35,900 tweets. Its UK-focused YouTube channel has plenty of educational videos and an impressive 18,100 subscribers.

Regulation and Deposit Protection

Admiral Markets UK Ltd. has its office in London and submits to regulation by the Financial Conduct Authority (FCA). The broker also maintains offices and is regulated in Australia by the Australian Securities and Investments Commission (ASIC), in Cyprus within the EU by the Cyprus Securities and Exchange Commission (CySEC) and in Estonia by the Estonian Financial Supervision Authority (EFSA).

The broker also operates under the Markets in Financial Instruments Directive II, so its funds must be kept segregated from its clients’ money. In addition, restricts the use of leverage by retail traders to 30 to 1 who deal through its UK offices, although professional traders can employ 500 to 1 leverage.

Furthermore, U.K. traders benefit from protection against broker defaults up to £85,000 through the Financial Services Compensation Scheme (FSCS). The trading accounts of EU traders are protected up to €20,000 through the Investor Compensation Fund (ICF) of Cyprus.

Awards

Admiral Markets has been around for quite some time and has been given over thirty industry awards. Their recent highlighted awards include:

  • Best Forex Platform – ADVFN International Financial Awards, 2020
  • Best CFD Broker and Best Forex Broker – Brokervergleich.de, 2020
  • CFD Broker of the Year – BrokerWahl, 2020
  • Best CFD Broker – The Deutsches Kundeninstitut, 2020
  • Fairest CFD Broker – Focus Money, 2020
  • Best Forex Broker – The Onlinebroker-Portal.de, 2020

When it comes to customer reviews at Forex Peace Army and Trustpilot, this broker ranked quite well. Like most online brokers, the company has a few less-than-favourable reviews, although its customer service department politely responded to each of them in an attempt to resolve the issue brought up.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Trusted Admiral Markets Review 2020

Table of Contents

Review: Regulation: Assets: Min. Spread:
(5 / 5) ASIC, CySEC, EFSA, FCA 3000+ Variable 0.0 Pips

Are you looking for a trusted online trading service provider? – Then, this is exactly what you need to read about. In this review, we will discuss one of the leading online trading service providers, which offers investment services for trading with Forex and CFDs – Admiral Markets. In this article, you will find out more about the company and learn better about investing in this type of platform. Let’s start our journey to a worthwhile investment.

The official website of Admiral Markets

What is Admiral Markets? – Company presented

Admiral Markets are investment firms that operate under the Admiral Markets trademark. It offers investment services for trading with Forex and CFDs on indices, metals, energies, stocks, bonds, and cryptocurrencies. The company was founded in the year 2001 and has never stopped expanding up to today. Now it offers its services worldwide through its regulated trading companies. The aim of the Admiral Markets Group is to provide traders access to highly-functional software that assures quality and transparent trading experience.

The investment firms of this company have an outstanding reputation, provide high security of investments, offer quality services and present financial stability.

Facts about Admiral Markets:

  • Founded in 2001
  • Offers investment services with Forex and CFDs
  • Authorised and regulated
  • Offers services worldwide (through its regulated trading companies)
  • Offers customer support in several languages

(76% of private investor accounts lose when trading CFDs)

Is Admiral Markets regulated? – Regulation and safety for customers

Before making an investment, you have to make sure that the company that you are investing with is regulated. There are a lot of scam companies that are circling on the internet these days. These companies are unregulated and you must be vigilant about it. Regulation by an official authority is very important. It protects you from online trading scams. Also, you need to make sure that the company has a license because it is proof that the broker is examined and has reached certain criteria and regulations required.

Admiral Markets is authorized and regulated in Europe and Australia. It has an outstanding reputation that proves its investment firms to possess trusted platforms, gives quality services and embodies high security of investments.

Admiral Markets is regulated by the following:

You can find this information through going to the website (https://admiralmarkets.com) and by clicking on the question mark icon (please see image below):

You will see this section afterwards (please see image below):

Regualtions of Admiral Markets

Financial Security

Admiral Markets manage the customer funds in segregated bank accounts. The company does not use customer funds for its own investments or for any other purpose. In addition, the broker is checked and verified by well known auditors.

Furthermore, there is a Financial Service Compensation Scheme (FSCS). That means the security for customer funds is up to £85,000 if a bank goes bankrupt where the money is stored. Another important point to look at is the negative balance protection. With Admiral Markets you are completely safe on this point because the broker is covering up to £50,000 per client.

Summary of the regulation and financial security:

  • Multi regulated Online Broker
  • Segregated customer funds
  • Financial Service Compensation Scheme £85,000
  • Negative Balance Protection £50,000

Review of the trading conditions for traders

The investment services of Admiral Markets offers to trade with Forex and CFDs on indices, energies or crude oil futures, stocks, bonds, cryptocurrencies, and traders can also choose from almost seventy foreign pairs, which are as precious as metals. It is a global Forex Broker that aims to focus on making online Forex trading accessible for the trader and as well as transparent for individual currency traders worldwide. It is proven and tested that it’s a trading platform that is efficient and very useful. The tools provide a cautious and well-informed interpretation of the markets that greatly contribute to the trader.

Admiral Markets has shown its execution and has been voted as the number one Forex broker by the users of onlinebroker-portal.de (readers’ choice). In the year 2020, the company has been awarded second place by Broker Wahl (Germany Brokerwahl) in the category of FX broker of the year.

There are three types of accounts that Admiral Markets offers: “Admiral.Markets”, “Admiral.Prime” and “Admiral.MT5”. Each of the accounts has different requirements and each has different assets to choose from. Each account varies as well in leverages and some do charge a fee for a commission. The maximum leverage can be 1:500 and the spreads are variable and starting from 0.0 pips depending on the market conditions and account type.

Admiral Markets also offers support to clients through numerous educational and training programs. This helps the clients to have more reflective and well-thought decisions when it comes to trading. The company offers free seminars, online webinars and regular seminars that tackle important trading skills, giving awareness about the risks and as well as educating clients in the Forex market.

Example of markets and spreads

The good thing about Admiral Markets is that it publishes not only fundamental analysis but also technical analysis on a regular basis, which is an advantage for traders. On their official website, Admiral Markets also presents an economic calendar together with the rates of worldwide currencies. Plus it has 24/7 access to Partner Portals which gives traders access to their page with progress, commissions and as well as profit updates. The brokers are reputable, regulated and trusted.

The company and its brokers have been operating for 18 years of reliability and have proven their worth to the clients.

Facts about the conditions for traders:

  • More than 3000 different markets
  • Leverage up to 1:500
  • Spreads are variable from 0.0 pips
  • 3 different account types
  • Very fast execution and high liquidity
  • Professional education center and support

(76% of private investor accounts lose when trading CFDs)

Test of the Admiral Markets Trading Platform

For professional Forex Trading, it is important to have a reliable trading platform. Most traders are using some sort of analysis where tools or indicators are necessary. In the next section, we will give you an introduction to the different platforms which are available with Admiral Markets.

Admiral Markets offers the following platforms:

  • MetaTrader 5
  • MetaTrader 4
  • WebTrader
  • App for mobile devices

MetaTrader 5

MT5 is the most famous platform and is the number one multi-asset platform traders and investors choose to use from around the world in trading Forex, CFDs, futures and exchange-traded instruments. It has thousands of markets, very easy to use, has level 2 pricing, trading robots, VPS Support, superior charting, education market and provides free market data and news. The platform not only offers advanced charting and trading tools but also options for automated trading.

The Trading Software MetaTrader 5 for the browser

MetaTrader 4

MT4 is a user-friendly platform that is flexible, secure, fast and responsive. This platform is used as well for trading Forex and CFDs. It analyses the financial markets and offers traders advance access to trading operations in a secure, fast and reliable environment. It offers multi-language support and as well as automated trading. Its advanced charting capabilities are a big plus and it is totally customizable.

MetaTrader 4 Software of desktop

MetaTrader Supreme Edition

The MetaTrader Supreme Edition platform possesses the most advanced tools and will definitely improve your trading experience. You can get this platform for free to live and demo accounts. It has powerful Global Opinion widgets for MT4/MT5 that improve your Forex trading performance. Promotes fast order reversal and hedging, with order templates for OCO and OCA order types. Very reliable and very efficient order opening with preset stop-loss, take-profit and trailing stop. It has a handy and latest indicator that can let you see multiple time frames and chart types in one chart! You can easily track your chart movement, stay connected and definitely manage your whole account and all your orders efficiently.

MetaTrader WebTrader

MetaTrader WebTrader is a very convenient trading platform. You can trade in a browser from anywhere and every moment is safe to trade. It requires no downloading, has no OS preference and is very fast to start.

Facts about Admiral Markets platforms:

  • User-Friendly (easy to use)
  • Advanced tools
  • Reliable
  • Fast
  • Secure

Professional Charting and Analysis is possible

Technical analysis of the markets is very essential, and charting is one of the most significant things that you need to know about. The essence of this is to help you understand the trend and volatility of the markets. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the most recommended software by brokers. It is known to be a very flexible and reliable platform in trading.

Admiral Markets promotes traders to give attention to fundamental analysis as much as they give to technical analysis. Both have their advantages and disadvantages when it comes to trading. It is important to know both analyses because fundamental analysis helps you understand the market’s movement (upward or downward) and when combined with technical analysis, this can lead you to long term trends which is a good edge on the trader’s part.

There are several kinds of Forex charts. Candlestick charting is the most famous and common charting that most traders use around the world, due to the fact that it is easy to use and very useful. It is a comfortable structure to work with and isn’t difficult to use every day.

Chart types:

  • Candlestick
  • Line Chart
  • Bar Chart
  • Tick Chart

sample picture of candlestick chart on MetaTrader5 technical analysis software

sample picture of line chart on MetaTrader5 technical analysis software

sample picture of bar chart (OHLC) on MetaTrader5 technical analysis software

Mobile Trading (App) is possible with Admiral Markets

MetaTrader 4 and 5 (MT4/5) mobile Android platform is a top-notch software that is designed for traders by Admiral Markets. This feature allows clients to access mobile trading from any Android device. It lets clients or traders not only be able to place an order using mobile devices but also to perform basic technical analysis on a fully-fledged chart.

Features of MT4/5 App:

  • View Live FX Quotes
  • Customize the Platform
  • Display Charts Add Indicators
  • Get messages from your Broker
  • Access Trading History
  • Read Market News
  • Change Time Frames
  • Allows you to use all types of orders
  • General Access to all Mobile-Friendly and Useful Features for Online Trading

You do not need to go to google and search for the current rate for your opened positions because the MT4/5 App (MetaTrader 4/5 Application) also features a quick preview of the current market situation. The App definitely owns some of the strongest chartings of all mobile apps for FX trading.

You can easily get the MT4/5 App. All you need to do is to get a platform, authorize it with your existing trading account and navigate the advantages of Forex trading from anywhere and anytime.

What we recommend for first-time users is that it is best to explore first the platform’s features by getting a demo account to avoid unintentional trade executions.

(76% of private investor accounts lose when trading CFDs)

Admiral Markets Trading Tutorial: How to trade

You need to choose on which market you want to trade on.

You need to know the movement of the market whether it is going upward or downward. You need to decide whether you buy or sell. If you think that the market value will fall, then click on ‘sell’, and if you think that the price will increase in value, then click on ‘buy’.

It is important to add stop-loss because it is an order that secures your position from a certain process when it moves too far against you.

Once you have placed your trade, you can track the market prices and can monitor (or see) your profit or loss in real-time.

Order mask for trading

Step by step tutorial:

  1. Choose an asset you want to analyse
  2. Analyze the asset and make a forecast of the price movement
  3. Open the order mask and customize your position
  4. Choose the order volume
  5. Limit your loss and profit with the stop-loss and take-profit
  6. Buy or sell the asset you want

Since Admiral Markets allows you to trade Forex and CFDs, you need to know the difference between them. Generally, Forex is limited to currency markets, while CFDs cover a range of markets. For example, CFDs can be a commodity, indicies or stocks. With Admiral Markets, you can trade CFDs either precious metals or crude oil.

Trading Forex is much more direct than trading CFDs. Basically, the trader trades a currency pair, which means you are buying one currency and then selling the other. Trading CFDs is more on contract specifications.

How to open your account

You can definitely open a demo account using any of the three types of trading accounts Admiral Markets offers (“Admiral.Markets”, “Admiral.Prime” and “Admiral.MT5”). It is very easy and quick. All you have to do is to give in your full name and email address.

Open your free account

Free Admiral Markets Demo Account

Anyone who would like to evaluate the platform first before making a deposit can use a demo account for free. The demo account includes $10,000 virtual funds and is valid for 30 days. The positive thing about using a demo account with Admiral Markets is that, it gives the trader all the necessary tools which are available and is used in a real live trading account. It also provides a quick-start quide which is very helpful for first time traders. We would highly recommend for you to get a demo account first, so that you can test and practice the platform before making any deposits or investments.

Free Demo Account

Account Types of Admiral Markets

Admiral Markets offers three types of accounts.

“Admiral.Markets”

This account has a minimum deposit of $200 and is the most popular trading account of the company. It is a micro account that offers up to 1:500 leverage and spread that begins from 0.5 pips. Traders can select from 59 currencies as well as precious metals, energies / crude oil, futures, stocks, bonds, and indices. The account offers access to the entire list of financial instruments or tools to trade. This account is the most popular and is considered an excellent account for online trading on a large margin, due to the high leverage and low spreads, which allow high-risk traders and scalpers to take advantage of the market’s fluctuation or volatility.

“Admiral.Prime”

This account is the second type of account in Admiral Markets. The initial deposit begins with a minimum of $200 and has a lowered leverage of 1:500. This account begins from 0 spreads and a commission of $3 per lot. However, there is a downside to this account. It only provides access to precious metal CFDs and FX currencies. This factor prevents traders to be able to invest in other assets that are available in the market’s account.

“Admiral.MT5”

This account is the latest trading account. The initial deposit requires the remains of $200 and has a minimum order size for all accounts which is 0,01 lots. It allows customers the option to open an MT5 trading account that has better trading conditions and which guarantees market execution that is faster.

“Admiral.Invest”

Admiral Invest is for trading more than 4350 stocks and 200 ETFs. You can start investing with a minimum deposit of only 1$. Admiral Invest gives you access to different stock exchanges. There is a direct exchange execution with a 0.0 pip spread.

Admiral.Markets Admiral.Prime Admiral.MT5 Admiral.Invest
Min. Deposit: 200$ 200$ 200$ 1$
Assets: 100+ 60+ 3,000+ 4,500+
Leverage: 1:500 1:500 1:500 1:1
Spread: From 0.5 pips From 0.0 pips From 0.5 pips From 0.0 pips

(76% of private investor accounts lose when trading CFDs)

Review of the deposit and withdrawal

Admiral Markets deposit process is very easy and the majority of the payment methods that are available, instantly process the transaction right away. Bank Wire is the only payment platform that may take up to 3 business days to process your funds.

Payment Methods that can be used:

  • Bank transfer / Bank Wire
  • Klarna (Sofort)
  • Credit Cards (Visa, MasterCard)
  • Skrill
  • iBank&BankLink / TrustPay

Admiral Markets uses trusted Payment Methods

Please note that Admiral Markets do not accept cash deposits from banks (only bank wire).

However, for the withdrawal process, it is the other way around. Skrill is the only payment program that processes your funds immediately and the majority which is through bank transfer takes up to 3 business days.

Admiral Markets Withdrawal Information Table

Fees and costs for Admiral Markets Trader

Opening a live or demo trading account is free with Admiral Markets. It is important to know what fees you are paying for or will be charged for, by using an online trading platform.

Here is the following information that is relevant when you use Admiral Markets:

  • Minimum initial deposit is $200
  • Minimum variable 0.0 Pips
  • $0.10 (or equivalent in another currency depending on your asset)
  • Admiral Markets may charge commission on CFD shares

Support and service for traders in different languages

What is amazing about the customer service in Admiral Markets is that they give good quality assistance to the traders. The company has support available in 24 different languages and clients can reach their customer support through email, chat and/or via phone call.

Also, Admiral Markets has client remote support which is very helpful. Whenever the trader has encountered software-related concerns or any technical issues, the remote support will swiftly attend to the trader’s question or needs.

You can find their support details by going to their website (https://admiralmarkets.com) and by pointing your mouse cursor on ‘ABOUT US‘ section and you will receive a drop down menu, where you will find ‘Contact Us‘.

Facts about the support:

  • Supports wide range of languages (available in 24 different languages)
  • Phone support
  • Email Support
  • Chat Support
  • English language support is open 24 hours a day (on a business day)

Admiral Markets also gives support by offering clients educational and training programs. These programs are available in regular, free seminars or online webinars. The aim of these programs is to give traders the important skills in online trading, awareness about the risks that might take place, and ofcourse, give the clients view on how the Forex market operates.

Because of this, we can say that the support and service that the company offers is truly remarkable.

Accepted countries and forbidden countries

The following are the countries accepted by Admiral Markets:

Argentina, Australia, Austria, Bahrain, Belarus, Brazil, Bulgaria, China, Croatia, Cyprus, Czech Republic, Denmark, Estonia, France, Finland, Germany, Greece, Hungary, India, Ireland, Israel, Italy, Kuwait, Malaysia, Malta, Mexico, Monaco, Netherlands, Norway, Latvia, Liechtenstein, Lithuania, Luxembourg, Oman, Poland, Portugal, Russia, Saudi Arabia, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, United Arab Emirates, United Kingdom, Qatar

Admiral Markets do not accept US clients.

Conclusion of the review: Is Admiral Markets legit?

Admiral Markest has proven its reliability for over 18 years now and is one of the leading brokers in the industry. The company offers the best support to its clients, offers highly functional software and aims to provide transparent trading experience. Its offers educational and training programs offer the clients to have more reflective and well-thought decisions when it comes to trading.

We recommend Admiral Markets as it is legit, reliable and it is a safe broker for Forex and CFD trading. The broker is reputable, authenticated and highly regulated. As it is one of the first Forex and CFD brokers in the trading industry, the company has the most efficient and developed tools and user-friendly platforms. Plus, it offers mobile trading as well.

Advantages:

  • Advanced and highly-functional softwares
  • Transparent trading experience
  • User-friendly platforms
  • Wide range of markets
  • High security of investments
  • Quality support and services
  • Promotes financial stability
  • Offers mobile trading
  • Regulated
  • Global
  • Offers free demo account
  • Reliable and competitive spreads

Disadvantage:

  • Not available for US traders

If you search for a reliable Forex Broker you should choose Admiral Markets. With more than 18 years of experience the company knows how to support its clients. (5 / 5)

Admiral Markets Review

This Admiral Markets review will give details on a broker with nearly a decade of history. The company has been headquartered in Tallinn, Estonia and was working mainly under Estonian FSA license. Now Admiral Markets moved most of its European operations to the UK. MetaTrader 4, amazing spreads and professional service are offered by this company, yet there is more. Read detailed Admiral Markets Review to find out more.

Leverage: 1:500 Licences: FCA, ASIC, EFSA

Min. Deposit: 200 USD Bonus: N/A

Spreads: from 0 pips US Clients: No

Admiral Markets Forex Broker at a Glance

Admiral Markets forex broker currently operates in Europe and Latin America. Being quite an old broker, Admiral Markets forex trading broker has been mostly known as the broker with the largest amount of branches. Unlike many other brokers that supply you with online support, Admiral Markets review has shown a vast amount of local offices. This does not make Admiral Markets best forex broker, yet it makes it one of the most local brokers.

Admiral Markets Reviews of Accounts

Admiral Markets online forex trading broker supplies you with three types of accounts. The most popular trading account is Admiral.Markets. It is called Markets, as you can access lots of trading markets with this account, ranging from FX pairs to Stock CFDs. Admiral Markets Prime account could make Admiral Markets best forex trading broker, as this account is a True ECN. Yet it seems that even though the account is quite accessible, its average spreads and minimum trade size of 0.1 lot still leaves some room for improvement to call Admiral Markets best online forex broker.

Most of the brokers supply you with MetaTrader 4, Admiral Markets takes a step further and also let’s you trade on MT5, although you have to make it on the special account- Admiral.MT5.

Admiral Markets Forex Broker Trading Platforms

As already mentioned with Admiral Markets you can get access to the MetaQuotes platforms – MetaTrader 4 and MetaTrader 5. These platforms not only come as desktop applications, but the are also supplied as mobile apps for Android, iPhone and iPad. This is not so much different from most of the brokers, although MetaTrader 5 is not available at many places.

What makes Admiral Markets differentiate from its competitors in terms of trading software is a unique add-on for MetaTrader 4. It is called Admiral Markets MetaTrader 4 Supreme Edition, and it is quite a powerful piece of software.

This technology makes your MetaTrader 4 way better than it used to be. It comes with an enhanced 1-Click-Trading terminal, known as Mini Terminal. You can also understand the market better with the use of Correlation Matrix and Sentiment Trader. Next to it, you can set your custom alarms that will trigger certain actions or simply set you notifications via email or sms. This certainly makes Admiral Markets forex broker online to stand out from the competition, as it provides not only MT4, but premium trading experience on this trading platform.

Admiral Markets Review of Bonus Features

With Admiral Markets you cannot encounter a regular forex bonus offer at the moment, yet there is always a custom bonus available for the clients. Before you open or fund you account, you may consult your Admiral Markets account manager to find out what is available for you. You may also fill out a form at the website to find out what bonus you could get before opening an account. It is great to get a customised offer, yet it is only available for the traders of large size, as the bonus offers starts with a deposit of 15,000 GBP.

Also, you can participate in the ForexBall Demo Contest, a truly international forex trading contest on the demo account.

Next to bonuses and contests, Admiral Markets review has shown a great availability of the educational materials. At Admiral Markets website you can find lots of webinars in English from the top trading mentors. At these learning sessions you study basic concepts, improve your technical analysis and also see professional traders in live action.

Admiral Markets Reviews of Customer Support

Admiral Markets supplies you with a great support, as you can be served at the live chat or also via the phone or email. The support is available in more than 22 languages, although this number keeps growing. The quality of support is great and the waiting lines at the live chat are rather short. Also, if you are from Australia, be sure to use Admiral Markets Australia when you contact support.

Deposits and Withdrawals

With Admiral Markets you can instantly make a deposit with a various payment methods. What is great is that all of the deposits come commission free, meaning that you will always get your deposit in its full size. Admiral Markets accepts deposits in GBP, EUR, USD and CHF, although local currencies are available too, depending on your location.

While Admiral Markets certainly does a great job when it comes to the deposits, with withdrawals the it is not so comfortable. You can only withdraw funds to your local bank account and it could take somewhere between 2 and 5. You would also need to pay bank fees when withdrawing, such fees depend on your location.

Admiral Markets Review Conclusion

This is certainly a great broker to go for. As it has quite some history already, Admiral Markets also has unstained reputation. When it comes to choosing a proper account, Admiral Markets does a great job too, as it appeals to novice and experienced traders with its Admiral.Markets account, while professional forex traders can settle for Admiral Markets Prime account.

You can also get an attractive forex bonus, if you deposit size is big enough. On top of that, you will get access to MetaTrader 4 Supreme Edition, which is a unique piece of software that will be welcomed by any forex trader.

Forex Bonus Lab verified Admiral Markets as a trusted broker with competitive trading conditions and recommends to open an account with it.

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