Rating Index
Pros
Access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Fast execution speed, which can be beneficial for active traders.
Competitive pricing in terms of spreads compared to some other brokers.
Cons
Unregulated status, which increases the risk for traders and may lead to potential issues with fund security.
Lack of established reputation in the forex and CFD industry, raising concerns about trustworthiness.
No support for popular trading platforms like MetaTrader 4 or 5, which may limit trading options for some users.
AFSL broker Accounts
Admiral Markets Account Type
Admiral Markets offers various account types tailored to different trading needs. The primary account types include:
- Trade.MT4 Account:
- Minimum Deposit: AUD 100
- Spread: From 0.5 pips
- Commission: Varies based on the trading instrument.
- Zero.MT4 Account:
- Minimum Deposit: AUD 100
- Spread: From 0 pips
- Commission: USD 1.80 to USD 3.00 per lot.
- Trade.MT5 Account:
- Minimum Deposit: AUD 100
- Spread: From 0.5 pips
- Commission: Varies based on the trading instrument.
- Zero.MT5 Account:
- Minimum Deposit: AUD 100
- Spread: From 0 pips
- Commission: USD 1.80 to USD 3.00 per lot.
- Invest.MT5 Account:
- Minimum Deposit: AUD 1
- Spread: From 0 pips
- Allows access to over 4500 stocks and more than 400 ETFs.
Visit the Admiral Markets Website: Go to the official Admiral Markets website.
Select Account Type: Choose the desired account type from the options available (e.g., Trade.MT4, Zero.MT4, etc.).
Complete Registration: Fill out the registration form with personal information, including your name, email, and phone number.
Verification Documents: Submit the required identification documents, such as a passport or driver's license, along with proof of address.
Fund Your Account: Deposit the minimum required amount for your chosen account type (e.g., AUD 100 for Trade.MT4).
Access Trading Platform: Once your account is approved, you will receive login details to access the trading platform (MT4 or MT5).
Start Trading: After funding your account, you can begin trading on the platform.
All accounts offer leverage ranging from 1:20 to 1:30 for retail traders, depending on the asset class.
Admiral Markets Broker Account Opening Process
To open an account with Admiral Markets, follow these steps:
For more detailed information, visit Admiral Markets.
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