Admiral Markets Review
Is ADMIRAL MARKETS one of the best Forex Brokers? We conducted an in-depth review to find out the answer and bring it to you! Recently has been included by Engine Forex among the Best FCA Forex Brokers, Best CySEC Forex Brokers.
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.
- Trading Platform: MetaTrader
- Head Office: London, UK
- Founded: 2001
- Reviews: 7.2 - 8 Reviews trust Pilot
- Leverage: 500:1
- Execution Servers: LD5, NY4
- Broker Type: ECN
- Negative Protection: No
- Trading Options: Forex, CFDs, Commodities, Share CFDs, Crypto
Our Rating: 8
Trading Conditions
Max Leverage: | 500:1 |
Platform: | |
Min Deposit: | $200 |
Spread: | From 0.0 Pips |
Cuts out Dealing Desk: | Yes |
Methods of deposit and offers
Deposit / Withdraw: | |
Welcome offer: | n/a |
Rebates Engine Forex: | Coming soon! |
SECURITY AT ADMIRAL MARKETS
In Summary
ASIC & CySEC regulated
Licensed by the FCA & EFSA
High-level web security
No dealing-desk intervention
Admiral Markets Pty Ltd is a company registered in Australia, 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.
Admiral Markets Cyprus Ltd is registered in Cyprus with the company registration number 310328. Admiral Markets Cyprus Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13.
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
CHARGES AND MARGINS AT ADMIRAL MARKETS
In Summary
Forex spreads from 0.0 pips
Up to 500:1 leverage
ECN type account option available
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 admiralmarkets.com.
TECHNOLOGY
In Summary
Solid trade execution
MT4 & MT5 platforms
NDD: ECN & STP
Mobile trading available
Admiral Markets is a pure MetaTrader broker offering MetaTrader 4 (MT4), MetaTrader 5 (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.
Both trading platforms can be accesses via the Webtrader (browser version) or downloaded as a desktop application for Mac and Windows computers.
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.
Mobile trading is available for all common Android and iOS devices, tables, iPhones or iPads. The mobile apps feature most functionalities that are available with the Webtrader as well.
Admiral Markets further provides a solid range of helpful market research tools as well as an analytics section.
Execution of Speed Comparison
CUSTOMER SERVICE AND CLIENTS
In Summary
24/5 customer support
4 account type options
Prime account option
Admiral Invest
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 interested in Forex trading or CFDs 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, low spreads starting from 0.0 pips, for example on the popular EUR/USD Forex pair, 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.
The Admiral Invest account solution is aimed at retail investors looking to invest in stocks or ETFs. Retail clients have access to over 4,000 shares and 200 ETFs, whilst professional clients enjoy an additional selection of 300 ETFs. Minimum deposit start from $1 and commissions are as low as USD 0.01 per share/ETF certificate.
A demo account option is also available to test the CFD broker Admiral Markets to the core.
Admiral Markets further provides a large educational section with Forex and CFD webinars, seminars, articles and tutorials as well as a glossary and FAQ section.
FOREX AND OTHER TRADING OPTIONS
In Summary
30+ currency pairs
Large selection of cryptocurrencies
Shares, ETFs & commodities
Indices CFDs, futures & options
Admiral Markets offers trading of more than 30 currency pairs, a large selection of other financial instruments including cryptocurrencies, commodities, indices CFDs, CFDs on stocks, 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 high maximum leverage of up to 500:1, many different funding currencies, micro-lot trading starting from 0.01 and ultra-low spreads of 0.0 pips. Clients can start trading Forex and CFDs with minimum deposits from $200.
Available deposit methods are credit cards and debit cards (VISA and Mastercard), Neteller, Skrill, Klarna, iDeal, Przelewy, iBank&BankLink and bank transfer.
Payment methods include Neteller, Skrill and bank transfers.
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 maximum leverage up to 500:1.
Spread mark-ups or low commission of $7 per lot R/T.
Top-quality technology including MT4 platform and the highly advanced MetaTrader 4 & 5 ‘Supreme Edition’ plug-in.
Ultra-fast connectivity, execution speeds and overall high reliability.
Ideal for trading styles such as scalping and hedging.
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
OUR CONCLUSION
Admiral Markets is a leading Forex and CFD broker with excellent trading conditions, a stable trading environment and a great selection of tradable financial instruments. All type of traders and no matter the trading experience – novice, advanced, veteran trader or retail investor – can benefit from Admiral Markets and their offering. Overall a great, regulated broker.
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 Group AS is a holding company operating through its subsidiaries Admiral Markets AS, Admiral Markets PTY, Admiral Markets Uruguay, and Admiral Markets UK Ltd.
Admiral Markets Group AS was founded in 2001 and is headquartered in Tallinn, Estonia.
Admiral Markets clients have the following funding options available:
Credit cards and debit cards (VISA and Mastercard), Neteller, Skrill, Klarna, iDeal, Przelewy, iBank&BankLink and bank transfer.
Yes, Admiral Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) of the UK, Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA).
Offices in Australia (GMT +11) and Cyprus (GMT +2) as well as other regions around the globe guarantee 24/5 support.
Withdrawal options include:
Neteller, Skrill and bank transfers.
There are no minimum or maximum withdrawal limits
No, they don’t accept applications from residents of Canada.
Currently, there’s no VPS service available.
Yes, they offer an ECN Forex trading account option.
Yes.
Yes, European clients signing up with Admiral Markets are affected by the ESMA regulation and limits.
IC Markets is an Australian based and ASIC regulated Forex broker with a strong offering and excellent trading conditions. Unlike Admiral Markets, IC Markets does not need to comply with ESMA rules. Read our review