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Is ADMIRAL MARKETS one of the best Australian Forex Brokers? We conducted an in-depth review in November 2018 to find out the answer and bring it to you!


Another complete and unbiased Review from Engine Forex

Established in the year 2001 the Admiral Markets Group is today one of the leading online trading providers offering their services to retail clients around the globe.

The company’s head office is based in London, UK and their Australian subsidiary is located in Sydney.

The parent company, Admiral Markets AS, is located in Estonia.


Admiral Markets

Our Rating

The overall rating is based on review by our experts

8.0 4.0 1
  • Reliability 8 / 10
  • Spread 9 / 10
  • Customer Service 8 / 10
  • Offers 6 / 10
  • Speed of Execution 9 / 10
  • Uptime 8 / 10

This post is also available in: deDeutsch itItaliano

Admiral Markets - Overview

Trading Conditions

  • Max Leverage
    500:1
  • Platform
    MetaTrader4 MetaTrader5
  • Min Deposit
    $200
  • Spread
    From 0.0 Pips
  • Cuts out Dealing Desk
    Yes

Methods of deposit and offers

  • Deposit / Withdraw
    VISA , MasterCard Bank Transfer
  • Welcome offer
    n/a
  • Rebates Engine Forex
    Coming soon!

Extras

  • Crypto
    Bitcoin Ethereum Litecoin Ripple Bitcoin-cash Dash Monero Zcash
  • Headquarter
    London with Sydney subsidiary

SECURITY, MARGINS AND TECHNOLOGY

SECURITY AT ADMIRAL MARKETS

In Summary

  • ASIC regulatedLicensed by the FCA & EFSA
  • High-level web security
  • No dealing-desk intervention

Admiral Markets Pty Ltd holds an Australian Financial Services License (AFSL) and is also licensed and regulated by the Australian Securities and Investment Commission (ASIC).

The company has a physical office in Sydney, is externally audited and guarantees that all client money is held safely in a segregated bank account and is never used for hedging or any other operational purposes. They go quite a long way to build trust and be transparent.

The sister company Admiral Markets UK is licensed and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the parent company Admiral Markets AS is further licensed and regulated by the Estonian Financial Supervision Authority (EFSA).

Spreads Comparison

Admiral Markets
90
PEPPERSTONE
100
THINK MARKETS
80
IC MARKETS
100
Dukascopy
100
XM
100

CHARGES AND MARGINS AT ADMIRAL MARKETS

In Summary

  • Spread mark-up or
  • Forex spreads from 0.0 pips
  • Up to 500:1 leverage

As is the case with all brokers, clients pay a spread on every non-equity CFD and commission on every equity CFD trade.

Admiral Markets offers three different account types that come with varying rules and settings in terms of commissions and margin requirements.

Both their Admiral.Markets and Admiral.MT5 accounts run without any commissions being charged – at least not if you think of a spread mark-up as a non-commission structure. As it is the case for all ‘commission free’ trading accounts, clients pay a fee in form of a spread mark-up which is at a competitive level with Admiral Markets.   

Admiral Markets’ Admiral.Prime ECN account shows the raw inter-bank spreads received from liquidity providers and a commission fee of $7 per standard lot round turn applies when using this account option. This account type does only allow for currency pairs and spot metals to be traded but there are no additional fees charged to trading spot metal CFDs.

All margin requirements are further stated in detail on Admiral Markets’ homepage.     

TECHNOLOGY

In Summary

  • Solid trade execution
  • MT4 & MT5 platforms
  • NDD: ECN & STP

Admiral Markets is a pure MetaTrader broker offering MT4, MT5 and a special ‘Supreme Edition’ for both platform types. This Supreme Edition plug-in can be installed quickly and easily to both MT4 and MT5 and allows for an advanced MetaTrader experience. Included are multiple advanced functionalities and tools such as the latest Indicator Package, new trading widgets, real-time news-feeds, Tick Chart Trader, Trade Terminal and many more.   

A big plus for Admiral Markets are a set of volatility protection settings that help, for example, to protect from price gaps or widened spreads. The overall execution speed and order execution is of high quality, fast and reliable. The core structure is built for high trading frequency and low latency.

Admiral Markets further provides a solid range of helpful market research tools as well as an analytics section.

Execution of Speed Comparison

ADMIRAL MARKETS
90
PEPPERSTONE
100
THINK MARKETS
90
IC MARKETS
100
Dukascopy
90
XM
80

CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL FEATURES

AN OVERVIEW OF ADMIRAL MARKETS' CUSTOMER SERVICE AND CLIENTS

In Summary

  • 24/5 customer support
  • 3 account type options

Admiral Markets has clients in many regions around the globe and offers 24/5 customer support through Live Chat as well as an online help and FAQ section but you may also contact them via phone hotline or email.

Clients can choose between three distinctly different account types upon sign-up: Admiral.Markets and Admiral.MT5 that both run without commissions and the Admiral.Prime ECN account that comes with a limited amount of financial products that can be traded and a commission fee of $7 per standard lot round turn.

Apart from a good selection of currency pairs and commodities, Admiral Markets also offers a very decent range of indices CFDs from around the globe to choose from, including the Australian S&P 200 Index, UK FTSE 100 Index, US E-mini S&P 500 and US DJIA Index.

In total more than 100 products, including currencies, cryptocurrencies, indices, commodities, shares and bonds can be traded with an Admiral Markets account.

FOREX AND OTHER TRADING OPTIONS AT ADMIRAL MARKETS

In Summary

  • 30+ currency pairs
  • Large selection of cryptocurrencies
  • Selection of shares, ETFs & commodities
  • Indices CFDs, futures & options

Admiral Markets offers trading of more than 30 currency pairs, a large selection of cryptocurrencies, plus commodities, indices CFDs, stock CFDs, futures, options and  bonds.

Traders can choose to trade on the above mentioned options including some of the world’s top markets such as the Australian S&P 200 Index, UK FTSE 100 Index, US E-mini S&P 500, US DJIA Index, Germany 30 and Hong Kong 50.

Cryptocurrencies currently offered by Admiral Markets are Bitcoin, Ethereum, Litecoin, Ripple's XRP, Bitcoin Cash, Dash, Monero and Zcash.

Admiral Markets offers leverage up to 500:1, six different funding currencies, micro-lot trading starting from 0.01 and ultra-low spreads of 0.0 pips. Clients can start trading with minimum deposits starting from $200.

SPECIAL FEATURES OF ADMIRAL MARKETS

In Summary

  • Popular MT4 & MT5 trading platforms
  • Ultra-fast execution speeds
  • Tight spreads starting from 0.0 pips
  • NDD & STP

Admiral Markets offers very low spreads (on their Admiral.Prime ECN account) and high leverage up to 500:1.

Spread mark-ups or low commission of $7 per lot R/T.

Top-quality technology including the highly advanced MetaTrader 4 & 5 ‘Supreme Edition’ plug-in.

Ultra-fast connectivity, execution speeds and overall high reliability.

Admiral Club program offering cash and other prices on every lot traded.

Investor options such as ‘signal receiver’ and ‘fund investor’.

Technical analysis tools, forex calendars and a blog are available for every client’s convenience and to stay in the loop.

Max Leverage Comparison

ADMIRAL MARKETS
500:1
PEPPERSTONE
500:1
THINK MARKETS
400:1
IC MARKETS
500:1
Dukascopy
200:1
XM
500:1

IN CONCLUSION

Admiral Markets is a leading Forex and CFD provider with excellent trading conditions, a stable trading environment and a great selection of tradable instruments. All type of traders and no matter if novice, advanced or veteran trader or investor, can benefit from Admiral Markets and offering. Overall a great, regulated broker.