Admiral Markets is a global forex and CFD broker that was founded in 2001. It is headquartered in Estonia, and it has offices in various countries around the world, including the United Kingdom, Australia, and Cyprus.
Admiral Markets is a reputable and reliable forex and CFD broker with a global presence, multiple trading platforms, and good customer support. However, traders should be aware of the potential drawbacks, including higher trading fees and limited product offerings, before opening an account with the broker.
Admiral Markets Trading Instruments
Forex trading is one of the most popular offerings from Admiral Markets, with access to over 40 currency pairs available for trading. Traders can take advantage of tight spreads, high leverage, and the ability to go long or short on a currency pair.
Admiral Markets also offers access to a range of indices from around the world, including the S&P 500, the DAX, and the FTSE 100. Traders can take advantage of the price movements of these indices through CFDs (contracts for difference), which allow traders to go long or short on the index without actually owning the underlying asset.
Commodities trading is another popular offering from Admiral Markets, with access to popular commodities like gold, silver, and oil. Traders can also trade soft commodities like coffee and sugar.
Cryptocurrencies are an increasingly popular trading instrument, and Admiral Markets offers access to some of the most popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Traders can take advantage of the volatility of these digital assets to make profits.
Finally, Admiral Markets provides access to a range of stocks from around the world. Traders can buy and sell shares in companies like Apple, Amazon, and Google, and take advantage of the price movements of these companies.
Trading Conditions
Admiral Markets offers a range of trading conditions to its clients, including tight spreads, high leverage, and the ability to go long or short on a variety of instruments.
The broker’s trading spreads vary depending on the instrument being traded, with some forex spreads as low as 0.5 pips. In addition, Admiral Markets offers its clients the ability to trade with high leverage, up to 1:500 for professional clients, which can amplify potential profits, but also increase potential losses.
Admiral Markets also offers the ability to go long or short on a variety of instruments. This means that traders can profit from price movements in both directions, whether the market is rising or falling.
The broker also provides its clients with a range of trading tools and resources, including its own proprietary trading platform, MetaTrader Supreme Edition, which provides advanced trading features like market depth, correlation matrices, and sentiment indicators. In addition, Admiral Markets offers access to a range of trading signals, economic calendars, and educational resources to help traders make informed trading decisions.
However, it’s worth noting that Admiral Markets charges higher-than-average trading fees compared to some other brokers, and it has a limited product offering compared to some of its competitors. Additionally, the broker is not available to traders in certain countries, including the United States.
Account Types
Admiral Markets is a well-known online trading broker that offers a variety of trading accounts to meet the needs of different types of traders. Here are the account types offered by Admiral Markets:
Demo account: The Admiral Markets demo account is a risk-free way to practice trading with virtual funds in a simulated market environment. This account is ideal for novice traders who want to get familiar with trading strategies and learn the ropes of the trading platform.
Admiral Markets account: This is the standard account type offered by Admiral Markets. It provides access to a wide range of trading instruments, including forex, indices, commodities, cryptocurrencies, and stocks. The account features tight spreads, no commission fees, and negative balance protection.
Admiral Prime account: This account is designed for traders who require lower spreads and faster execution speeds. It offers access to more than 60 currency pairs, metals, indices, and energy markets, with no re-quotes and no dealing desk intervention. The account requires a higher minimum deposit than the Admiral Markets account.
Admiral MT5 account: This account is ideal for traders who prefer to use the MetaTrader 5 platform. The account offers advanced charting tools, trading signals, and automated trading capabilities. It provides access to a wide range of trading instruments, including forex, indices, commodities, cryptocurrencies, and stocks.
Professional account: The Admiral Markets professional account is designed for experienced traders who meet certain criteria, such as having a certain level of trading experience or meeting minimum financial requirements. This account offers higher leverage and lower margin requirements than the standard account, but it also comes with a higher level of risk.
Islamic account: The Admiral Markets Islamic account is designed for traders who follow Sharia law. This account operates according to Islamic principles, such as no interest payments, and is available to clients who can provide proof of their religious beliefs.
Traders should carefully consider their trading goals and experience before choosing an account type that is right for them. Each account type has its own advantages and disadvantages, and traders should consider factors such as trading costs, leverage, and account features before making a decision.
Regulation and Security
Admiral Markets is a highly regulated online trading broker that prioritizes the safety and security of its clients’ funds and personal information. The broker is authorized and regulated by several reputable regulatory bodies in different jurisdictions, including the Australian Securities & Investment Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Estonian Financial Supervision Authority (EFSA).
Regulatory compliance is a critical factor when choosing a trading broker, as it helps ensure the safety of clients’ funds and the fairness of the trading environment. The regulatory bodies that authorize and supervise Admiral Markets have strict rules and requirements that the broker must comply with, including:
Client fund segregation: Admiral Markets is required to segregate its clients’ funds from its own operational funds, which means that clients’ funds are kept in separate accounts and cannot be used for any purpose other than the clients’ trading activities.
Anti-money laundering (AML) and know-your-customer (KYC) procedures: Admiral Markets is required to implement robust AML and KYC procedures to prevent financial crimes, such as money laundering and terrorism financing. These procedures include verifying clients’ identities and monitoring their transactions.
Risk management: Admiral Markets is required to implement adequate risk management procedures to ensure that clients are not exposed to excessive risks. This includes setting leverage limits and margin requirements to prevent clients from losing more money than they have in their trading accounts.
Financial reporting: Admiral Markets is required to provide regular financial reports to its regulators, which helps ensure transparency and accountability.
In addition to regulatory compliance, Admiral Markets prioritizes the security of its clients’ personal and financial information. The broker uses advanced security technologies, such as Secure Sockets Layer (SSL) encryption and two-factor authentication, to protect clients’ data and prevent unauthorized access. The broker also stores clients’ funds in segregated accounts with reputable banks and financial institutions, which further enhances the safety of clients’ funds.
Conclusion on Admiral Markets
In conclusion, Admiral Markets is a reputable online trading broker that offers a wide range of trading instruments, competitive trading conditions, and a variety of trading platforms for its clients. The broker is authorized and regulated by multiple reputable regulatory bodies, including ASIC, FCA, CySEC, and EFSA, which ensures a high level of security and transparency for its clients.
Admiral Markets provides various account types and funding methods to suit the needs of different types of traders, from beginners to experienced professionals. The broker also offers educational resources, market analysis, and customer support in multiple languages to help its clients make informed trading decisions.
While there are some limitations with Admiral Markets, such as limited availability in certain jurisdictions and higher fees for some account types, overall, the broker provides a reliable and secure trading environment for its clients.
Overall, Admiral Markets is a solid choice for traders looking for a trusted and regulated broker with competitive trading conditions and a variety of trading instruments and platforms.
Never had any issues with withdrawals or deposits. Every order is executed quickly. Spreads are good. Not the tightest in the world but still great. Everyone should understand all about CFD trading before choosing this broker. Supports MT4 and MT5 platforms. Some cons would be: not supporting Tradingview, not offering to trade instruments with real trading volumes directly from Exchanges like CME or EUREX. But as long as you are not a futures or options trader, everything else is very good with this broker. Been a client with Admirals for 5 years.
I work with Admiral since summer last year. Pretty satisfied with it. Web version and mobile app are comfortable to use and intuitive understandable. Admiral has very strong tech support which I use pretty often. Can recommend it 100%.