Admiral Markets Review

Overview

Admiral Markets is one of the oldest brokers on the market. The company has been operating since 2001, and it worked very hard to expand and offer services to people all over the world. They focus on offering quality products and amazing software among other things. What’s more, many people consider Admiral Markets an incredible platform for anyone looking to trade with commodities through CFDs, or trade on the Stock Exchange.

Like any other broker out there, Admiral Markets has some strengths and weaknesses. Not being aware of them can seriously affect you later if you somehow sign up with the broker and have bad experiences that you did not expect. Reading this Admiral Markets review can prevent this, though, so read on to discover more about the platform.

Who Is Admiral Markets for?

Admiral Markets could be a great option for any beginner in trading, mostly because of the quality of the educational materials. Anyone can look through them and learn a lot of useful information that can later be used when making trades. It can also help turn them into successful traders.

People looking for a larger amount of assets will also enjoy Admiral Markets. There are a lot of tradable assets as well as global markets.

Besides, the platform is great for non-English speakers because it supports multiple countries while offering services in several languages. There are 29 languages available for people who use the broker.

Things We Like

We were happy to see that Admiral Markets offers 24/7 support for its users. That means that at any point of the day, people can send questions or address certain issues and receive the help they need. This is very important.

Also, another thing that we loved is the fact that it is very easy to open an account. The process is very fast as well, and people can quickly make trades once their account is available.

Admiral Markets also has some very low spreads and that is something that can help traders in the long run. Moreover, there are numerous trading strategies, and we were impressed by this.
Furthermore, both MT4 and MT5 are offered with Admiral Markets. It allows people to choose the best option for them and make use of a popular and well-organized platform.

Things We Don’t Like

One thing that was especially disappointing was the fact that there is an inactivity fee charged. Not only can this be frustrating for people who may simply want to take a break from trading, or they may be unable to trade for a while, but it can also be bad for those who do not have a lot of money. Paying an inactivity fee on top of everything else can be extremely unpleasant.

Like that wasn’t enough, there are also some deposit fees charged with some methods, so anyone planning to trade should know that.

Retail clients also have a low leverage ratio. U.S. traders are not accepted. Moreover, while there is a large selection of instruments that people can use, the FX pairs selection is pretty small.

Safety and Regulation

Even if Admiral Markets seems amazing when it comes to its offers and its trading platform, you must also be aware of its safety levels. For this reason, you may want to read the information below before you sign up:

Who Is Admiral Markets?

Admiral Markets was founded back in 2001, and it is a CFD and Forex broker. It is owned by Admirals Group AS. The broker is based in Estonia, but it also has some offices in Australia and Cyprus. The headquarters of the company is in the UK.

The platform offers several services, such as trading on indices, currencies, shares, and commodities. It is also one of the very few brokers that has crypto CFDs available.

When compared to other traders that rely on MetaTrader, Admiral Markets has a lot more features and offers more research tools. Therefore, it stands out.

In 2020, Admiral Markets got named one of the best Forex brokers for beginners thanks to its educational content.

Is Admiral Markets Regulated?

Admiral Markets is regulated by several authorities. In fact, it is regulated by two tier-1 and two tier-2 jurisdictions. Some of the authorities regulating it are the Financial Conduct Authority, CySEC, and ASIC.

Admiral Markets Licenses

• Admiral Markets AS – authorized by EFSA (Estonia) registration number 4.1-1/46.
• Admiral Markets UK – authorized by FCA (UK) registration number 595450.
• Admiral Markets Pty Ltd – authorized by ASIC (Australia) registration ABN 63 151 613 839 AFSL number 410681
• Admiral Markets Cyprus Ltd – authorized by CySEC (Cyprus) registration number 201/13

Is Admiral Markets Safe or a Scam?

In terms of safety, Admiral Markets is considered average. One of the best things about it is that it’s regulated by multiple well-known authorities, so it is certainly not a scam. Besides, it’s been operating since 2001 – so, it wouldn’t have been able to survive for so long if its operations weren’t legit.

To add more to its safety, Admiral Markets has segregated client funds. As such, the broker’s owners and managers cannot touch a client’s funds. Even better, if something happens to the broker – if it goes into bankruptcy, for example – the client will still have access to the funds.

Countries It Accepts Clients from

Admiral Markets accepts clients from 110 countries. There are also countries that are banned from using it, such as the U.S., Japan, Canada, and others.

Awards

The broker managed to win several awards throughout the years. It was named the best Forex broker for four years in a row, as well as the best CFD broker in three different years and the best Forex platform back in 2019.

Range of Offerings and Products

Admiral Markets offer a lot of services and products for traders. People can trade currencies and metals, for instance, but they can also trade CFDs on energies, indices, stocks, and bonds, as well as for cryptocurrencies and CFDs.

Leverage Offered

For European traders, the leverage is lower. People can use as much as 1:30 in terms of leverage. But when it comes to Australian traders, they can go higher, such as up to 1:500 for Forex instruments.

Trading Platforms

The broker has both MetaTrader 4 and MetaTrader 5 available. There is a desktop platform offered with MT4, which is user-friendly. What’s even better is that you can also get it as a WebTrader platform or use it on your mobile phone.

There is also an MT5 web platform, which can be accessed from almost every device. The MT5 platform will also give you access to all the assets the broker provides. The downside is that you are forced to use MT5 if you want access to all assets.

Luckily, clients have access to what is called the MetaTrader Supreme Edition, an amazing update that turns the sub-standard MT4/MT5 platforms into a great trading portal. This way, people have access to analytics, widgets, and many other things offered by Trading Central.

Admiral Markets has two different account types available. People can use Admiral Markets Accounts or Admiral MT5 Accounts.

Demo Account

A demo account is available for people who want to test the platform before creating a real account. This way, they can minimize the risks and study the platform without losing money in the process.

Deposit and Withdrawals

In order to fund your account, you can use bank transfers, card payments, and Klarna in some European countries. You can also use some e-wallets like Neteller or Skrill, but they will bring some extra fees.

What Is Admiral Markets Minimum Deposit?

The minimum deposit is $100 with Admiral Markets.

Withdrawals

Withdrawals can be done using the same methods you used to deposit funds.

Admiral Markets Promotions

Admiral Markets doesn’t offer any promotions or bonuses. The only thing they have is a cash rebate program that is only available for professional users.

Client Support and Education

Users have access to a lot of educational materials, which is great. Both beginners and more experienced traders can benefit from these materials. There is analytical data research for clients, as well as daily support and several seminars. Market analysis and news are also provided for free by Dow Jones.

Verdict – Overall Rating

For the most part, Admiral Markets deserves all the popularity it gets. The platform is amazing, and it offers great educational resources, as well as multiple instruments and safety. If you live in one of the accepted countries, you can become a better trader if you sign up with Admiral Markets.

Methodology

All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.

The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.

What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.

Risk Disclaimer

There is a very high degree of risk involved in trading securities.

With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.

All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.

There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.

Looking for more information on brokers and trading? Have a look at our trading guides:

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• Best Trading Apps for 2021

Review Sources

1. https://admiralmarkets.com/

No Bonus

Forex and CFD traders choose Admiral Markets for its excellent investor education and advanced MetaTrader features, including the Supreme add-on and market research via Premium Analytics.

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