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Admiral Markets Review

Published by Usman Ahmed, MBA (Researcher)

Reviewed by Bowen Khong, ACCA

Admiral Market is a professional broker that has been in operation for 20 years. In this article, I described some of the broker’s features, its array of assets, security, education, research tools, and other reasons it is a first choice broker among thousands of people. 

Overview 

Admiral Markets was founded in 2001 in Kesklinn, Estonia. The company changed management in 2017 as it added new board members to join some of the old ones. 

The leading online trading provider offers forex and CFDs on stocks, indices, energy, and metals. It has more than 24,019 active clients. Records have it that the broker had up to 70% growth in 2011 alone.[1]

The broker has proven to have a secured platform over the years. Clients’ funds are kept in fully segregated accounts. The brokerage firm is regulated by the Financial Commission Authority (FCA), Cyprus Securities and Exchange (CySEC), Australian Securities and Investments Commission (ASIC), Estonian Financial Supervision Authority (ESFA). Financial Services Compensation Scheme (FSCS) also protects the broker with a particular amount as compensation if it fails. 

ProsCons
Strongly regulated 
Thousands of CFDs
$1 minimum deposit 
Commission free accounts 
Charges inactivity fee 
Does not accept U.S. clients

Who is Admiral Markets for? 

For the simplicity of the platform, the education, and other tools, I believe that this broker is a good choice for beginner traders. The advanced trading tools will also be of use to expert traders. Since MT4 and MT5 are compatible with Expert Advisors (EA), those interested in using robots will find their place with Admiral Markets.

Rating: 4.5/5

Is Admiral Markets Safe?

Looking through the broker’s regulations, you will quickly conclude that it is pretty safe to trust Admiral Markets with your money.

The brokerage company is authorized and regulated by the Financial Conduct Authority; it is authorized to hold clients’ money under the FCA CASS rules. 

It is also regulated in other jurisdictions. Admiral Markets Cyprus Ltd. is regulated by Cyprus Securities and Exchange (CySEC). Admiral Markets Pty. in Australia is licensed by the Australian Securities and Investments Commission (ASIC) to provide financial services. Admiral Markets AS is also authorized by and regulated by the Estonian Financial Supervision Authority (ESFA) for main investment and brokerage activities and client money in the European Union. 

The regulation requires that it complies with European financial Services directives, including the Markets in Financial Instruments Directive (MiFID). MiFID aims to harmonize financial instruments’ governing with the European Economic Area to increase efficiency, enhance transparency, increase competition, and offer greater consumer protection in investment services.[2]

Rating: 4.5/5

Year founded:2011
Publicly traded: No
Licenses: ASIC, FCA, CYSEC, EFSA
Backlist: No

Offering of Investments

The broker offers quite a number of investment opportunities. Admiral Markets has the following assets. 

Currencies: These include the major, minor and exotic pairs.

Stocks: the stocks available are very much. It has major and smallest stocks from different parts of the world. The over 3000 stocks available are stocks from different countries. The countries include Australia, Belgium, France, Germany, Japan, and many more, and the stocks also belong to diverse groups, including customer discretionary, communication, energies like oil and gas (and many more).

Commodities: you can find 28 different commodities here. Asides from metals that the regular brokers have, Admiral markets make provisions for investing in energies, agriculture, and commodity futures.

Indices: 43 stock indices are also available.

ETFs: ETFs from different countries are also available. By my count, there are more than 350 ETFs that you can leverage on.[3]

Bonds: You can also trade bonds with this broker if you get interested in any of the two bond futures offered.

Even though it offers thousands of assets, some exotic forex pairs are not available. Those who are particular about trading such pairs might not be able to trade with Admiral Markets.

I believe Admiral Markets provides the platform for portfolio diversification. Asides from that, traders and investors have the flexibility of choosing the best among thousands of instruments to trade. This way, a trading choice can be by the best setups and not by a forced choice.

Rating: 4.5/5

Forex: Spot TradingYes
Currency Pairs (Total Forex pairs)50
Social Trading / Copy-TradingYes
CFDs instrumentsforex, stocks, commodities, indices 

Commissions & Fees

The broker has commission free accounts and does not charge hidden fees. The broker gets its fee from spreads, and the spread starts from zero pips. The average spread for EURUSD is 0.6 pips, while the spreads for indices are around one pip.

The broker charges inactivity fees of $10 on accounts that have been dormant for two years. The broker charges some overnight swap fees for traders who hold overnight positions. Details of these are on the broker’s website. 

Rating: 4/5

Minimum Initial Deposit100
Average Spread EUR/USD – Standard0.6
All-in Cost EUR/USD – Active0.6
Minimum withdrawal $1

Platforms & Tools

MetaTrader 4 and 5: The easy-to-use platform accepts trading robots, VPS, markets data and news, professional and advanced charting systems, and some other qualities. The MetaTrader is also totally customizable.

WebTrader: You can trade directly from your browser. From my observation, even though it has a professional setup, it does not offer the same privileges as the MT4 and 5. 

VPS: The tool which reduces latency and increases trade execution works with the MT4 and MT5. It is active round the clock to support EAs and indicators.

Stereo Trader: This has more unique tools enabling one-click trading, access to evaluate trades and strategies using historical data, and many other tools for advanced traders.

Other tools include parallels for MAC users and MetaTrader supreme edition. 

  • Even though thousands of traders have more bias for the MetaTrader 4, the options available can also help them explore MT5. Those who prefer MT5 can also trade comfortably. 
  • The platforms are EA-friendly. Having VPS will also enhance the operations of your EAs. Especially those that execute tens of trades at a time.
  • Even though the broker has some unique trading tools, you have to subscribe to some amount of money to get them. The VPS subscription is typical of many professional brokers, except when you have a huge account deposit (usually $5000). Asides from the VPS, accessing the stereo trader also comes at a price.

Rating: 4/5

Virtual Trading (Demo)Yes
Proprietary PlatformNo
Desktop Platform (Windows)Yes
Web PlatformYes 
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
Charting – Indicators / Studies (Total)51
Charting – Drawing Tools (Total)31
Charting – Trade From ChartYes
Order Type – Trailing StopYes

Research 

There are some research tools that I have found helpful for beginners and advanced traders. Some of them are:

Forex calendar: This is a crucial research tool that helps traders track important financial announcements that affect economies and may create price movements. 

Fundamental analysis: The broker releases the analyses made frequently, and they are released frequently. With fundamental analysis, you can discover daily macro and microeconomic factors that influence the trading market, thereby helping you makes strategic decisions on your investments.

Trading news:  This can be used along with the fundamental analysis and technical analysis to strengthen your position on a market condition.

Technical analysis: The broker gives access to market analyses made by its teams of professional traders. 

Market sentiment: This research tool can be to know what other traders are doing in the market. The research tool helps you to see the correlation between the trace positions held by other traders.

There are other research tools that traders can use here. I have discovered that the research tools here are easy to use, and traders will find them helpful no matter their level of knowledge.

Rating: 4.5/5

Education 

Different modes of education are available on the platform. 

Trading videos: The broker offers a series of free forex and CFD trading webinars. Professional financial traders host them, and the aim is to build professional traders. There is also a zero to hero course for enlightening newbies about trading in 20 days. Asides from this, the broker also provides trading ebooks regularly. The videos also teach different risk management best practices that you can use for forex and CFD trades.

The glossary provided is not full enough. It is good for someone interested in learning some basic trading terms. Professionals might not find it completely useful.

Rating: 4/5

Mobile Trading

The MT4 and MT5 platforms are available on mobile phones. The mobile platform is also easy to use. It has the demo and the live account. You can manage and protect your open positions through the mobile app. The app is available on both apple and google play.

Rating: 4/5

Mobile devices Apple, android.
Featuresallow making trade, watchlist, charting, alert, etc.

Final Thoughts 

The broker has thousands of assets that traders and investors can leverage; it also provides a safe environment and balanced trading conditions for traders. It scores very high in its offering of research and educational tools, and it also competes with the best-known brokers in its services. If you are interested in checking out these products yourself or opening an account with the broker, you can click here.  

Overall rating : 4.25/5

Frequently Asked Questions 

What leverage does Admiral Markets offer?

The broker offers different leverage for its various instrument classes. Forex traders have a maximum leverage of 1:30, indices and commodities come with a maximum leverage of 1:10, stocks, ETFs & bonds have a maximum leverage of 1:5.

Does Admiral Markets accept U.S. clients?

The company does not accept U.S clients because it does have a U.S. register or license.

Does Admiral Markets have a demo account?

Admiral Markets has a risk-free demo account where you can trade forex and CFDs on shares and indices. 

How active is Admiral Markets customer support?

The support is very active, and you can reach the support by choosing which is more convenient for you from the many ways available. 

  1. You can reach customer support through Telegram, WhatsApp (+447495097435), Messenger. You can also send an email to [email protected]
  2. You can also reach them on the website. You only need to write your name, email, country, and write your message.
  3. You can also call client inquiries through +442035041540, +27104439920, or reach the trading desk at +372 6309 306.
  4. You can call remote support for technical issues or software questions. You have to download remote support software then call or email support to know what next to do.

Can you make money from Admiral?

Trading on Admiral Markets is profitable. You only need to understand that trading CFD is risky, and you have the chance of losing your money. With proper discipline and risk management, you can also make a lot.

How do I open an Admiral Markets account?

  1. Create a Trader’s room account through the signup link on the site. You can also follow this link 
  2. Fill in your name and your email. 
  3. Set your password and phone number 
  4. Choose your trading platform (MetaTrader 4 or MetaTrader 5) and start trading.

How long does it take to withdraw from Admiral Markets?

Withdrawals made through e-wallets are processed instantaneously; iBank Links take up to 3 business days while Bank Transfers take 3 to 5 business days. 

Can I delete my Admiral Markets account?

You can ask Admiral Markets to delete the personal details that it holds. The request to delete your account will result in: 

  • Closure of your account.
  • Removal of your account from active processing. 
  • Termination of an active relationship with the client.

In compliance with legal and regulatory requirements, Admiral Markets must maintain clients’ data for at least five years following the termination of clients’ relationship unless the law prescribes other terms for clients’ data preservation.

Does Admiral Markets offer negative balance protection?

A client who has incurred a negative balance and is seeking compensation must inform the company’s customer support by email within two business days after he incurs the negative balance. The company, at its discretion, may credit the relevant accounts fully or partially. If a client has more than one account, the balances will be netted. Visit the website for more information.

Usman Ahmed, MBA (Researcher)
Usman Ahmed, MBA (Researcher)
Usman Ahmed is a currency trader and financial market analyst with more than 7 years of active trading experience. Besides holding a Masters degree in Business Administration, he has worked for some of the most renewed companies in the forex industry including FXCM, IQOption, MetaQuotes, Alpari, FXStreet, DailyFX and several others. Usman possesses strong technical analytical skills and is famous for his very own, informative and entertaining, writing style. He believes in naked chart trading analysis that is commonly known as price action trading. He follows global financial news and macro-economic events very closely.
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