Admiral Markets Forex Broker
Basic Information
Jordan
10-15 years Regulated in United Kingdom Regulated in Cyprus Regulated in Seychelles Market Maker (MM) Retail Forex License MT4 Full License MT5 Full License Self-developed Global Business High potential risk Offshore RegulatedCompany profile
Rating Index
VISA
Bank transfer
Admiral Markets Forex Broker - Complete Information Guide
1. Broker Overview
Admiral Markets, now rebranded as Admirals, is a well-established global forex and CFD broker founded in 2001. The company is headquartered in Tallinn, Estonia, with additional offices in key financial centers such as London, Cyprus, Australia, and Jordan. As a privately held entity, Admiral Markets has built a solid reputation over the years, focusing on providing a comprehensive trading experience for both retail and institutional clients.
The broker serves a diverse market, catering to over 48,000 clients worldwide, with a significant focus on forex trading, stocks, indices, commodities, and cryptocurrencies. Admiral Markets has achieved several milestones, including the launch of innovative trading platforms and educational resources aimed at enhancing trader knowledge and skills. The company's parent group, Admiral Markets Group AS, oversees the various subsidiaries operating under the Admiral brand.
Admiral Markets operates primarily in the retail forex space, offering trading services through the well-known MetaTrader platforms (MT4 and MT5) and providing access to a wide array of financial instruments. The broker's business model is centered around a combination of market-making and STP (Straight Through Processing), ensuring competitive pricing and fast execution for traders.
2. Regulation and Compliance Information
Admiral Markets is regulated by several top-tier authorities, which adds a layer of security for its clients. The primary regulatory bodies overseeing Admiral Markets include:
- Financial Conduct Authority (FCA) in the UK (Registration No. 595450)
- Australian Securities and Investments Commission (ASIC) (AFSL No. 410681)
- Cyprus Securities and Exchange Commission (CySEC) (License No. 201/13)
- Estonian Financial Supervision Authority (EFSA) (License No. 4.1-1/46)
- Jordan Securities Commission (JSC) (Registration No. 57026)
The broker ensures compliance with stringent regulations, including the segregation of client funds from its own operating capital, thereby providing a secure trading environment. Additionally, Admiral Markets participates in investor compensation schemes, which offer protection for client deposits in case of insolvency.
The broker follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to verify the identity of its clients and prevent fraudulent activities. This commitment to regulatory compliance reinforces Admiral Markets' position as a trustworthy broker.
3. Trading Products and Services
Admiral Markets offers a wide range of trading products to meet the diverse needs of its clients. The broker provides access to over 8,000 financial instruments across various asset classes, including:
- Forex: Admiral Markets offers a comprehensive selection of more than 80 currency pairs, including major, minor, and exotic currencies.
- CFDs: The broker provides CFDs on indices, commodities, stocks, and cryptocurrencies. Notable indices include the S&P 500 and the FTSE 100, while commodities range from gold and silver to oil and gas.
- Cryptocurrencies: Clients can trade CFDs on popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and many others, with a total of 42 crypto assets available for trading.
- Stocks and ETFs: Admiral Markets allows clients to invest directly in over 4,350 stocks and more than 200 ETFs through its Invest account.
The broker regularly updates its product offerings, ensuring that clients have access to the latest market trends and opportunities. Retail trading services are complemented by educational resources, while institutional clients can benefit from tailored solutions and white-label services.
4. Trading Platforms and Technology
Admiral Markets supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which are available for desktop, web, and mobile devices. The broker has also developed its proprietary trading platform, known as the Admirals platform, which provides additional functionalities.
MetaTrader 4 and 5 Features:
- MT4: Known for its user-friendly interface, MT4 offers advanced charting tools, automated trading capabilities through Expert Advisors (EAs), and a wide range of technical indicators.
- MT5: This platform provides even more features than MT4, including additional timeframes, more order types, and an economic calendar for tracking market events.
Admiral Markets also offers a web-based trading solution, allowing clients to trade directly from their browsers without the need for downloads. Mobile trading apps for both iOS and Android devices ensure that clients can manage their accounts and execute trades on the go.
The broker operates on an STP execution model, ensuring that trades are routed directly to liquidity providers, resulting in fast execution speeds and competitive spreads. Additionally, Admiral Markets supports API access for automated trading solutions.
5. Account Types and Trading Conditions
Admiral Markets offers a variety of account types to cater to different trading preferences, including:
- Trade MT4/MT5 Accounts: Require a minimum deposit of $100. These accounts offer competitive spreads starting from 0.5 pips, with no commissions on most instruments.
- Zero MT4/MT5 Accounts: Also require a minimum deposit of $100, but feature tighter spreads starting from 0.0 pips, with a commission structure ranging from $1.80 to $3.00 per lot.
- Invest MT5 Account: Designed for direct stock and ETF investments, this account requires a minimum deposit of $1 and offers access to over 4,350 stocks and 200 ETFs.
Leverage varies by account type and instrument, with retail clients typically receiving leverage of 1:30 for major forex pairs and up to 1:500 for professional accounts. The minimum trade size is set at 0.01 lots, while overnight fees (swap rates) apply for positions held beyond the trading day.
6. Funds Management
Admiral Markets provides a variety of deposit and withdrawal methods to accommodate its clients. The broker supports the following payment methods:
- Deposit Methods: Bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller. The minimum deposit varies by account type, with the Invest account starting at $1 and other accounts at $100.
- Deposit Processing Time: Most deposits are processed instantly, except for bank transfers, which may take up to 3 business days.
- Withdrawal Methods: Clients can withdraw funds using the same methods as deposits. Admiral Markets offers one free withdrawal per month, with fees applicable for additional withdrawals.
The broker does not charge deposit fees, but a €10 inactivity fee is applied to accounts that have been dormant for over 24 months.
7. Customer Support and Educational Resources
Admiral Markets provides robust customer support through various channels, including:
- Live Chat: Available during trading hours for quick assistance.
- Email Support: Clients can send inquiries and expect responses within a few hours.
- Phone Support: Available during business hours, offering multilingual assistance.
The broker's educational resources are extensive, featuring webinars, articles, tutorials, and a dedicated trading academy. Clients can access market analysis, trading signals, and a comprehensive FAQ section for additional support.
8. Regional Coverage and Restrictions
Admiral Markets operates in multiple regions, providing services to clients in over 130 countries. However, the broker does not accept clients from the United States, and there are specific restrictions in place for certain jurisdictions.
The regional offices are strategically located to serve clients effectively, ensuring compliance with local regulations. Traders should verify the availability of services in their respective countries before opening an account.
In summary, Admiral Markets stands as a reputable forex broker, offering a comprehensive range of trading products, robust regulatory oversight, and a commitment to client education. With its competitive trading conditions and advanced platforms, it is well-suited for both novice and experienced traders.
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Latest Reviews
FX2773816652
Netherlands
this is a good broker
Positive
01-04
FX1831818691
India
I HAD REQUESTED FOR WITHDRAWAL DURING JUNE 2024 AND PAID TAX, WITHDRAWAL CHARGES, WITHDRAWAL DEPOSITS, INSURANCE DEPOSIT BUT THE WITHDRAWAL WAS NOT PROCESSED. WHILE FOLLOWING UP ASKED FOR ADDITIONAL DEPOSIT WHICH WAS NOT LEGIMATE. AFTER REGULAR FOLLOWUP, THE CUSTOMER CARE STOPPED RESPONDING AND NOW BLOCKED ON TG. MAILED THE MAIN CONTACT DETAILS OF ADMIRAL AND RECEIVED REPLIED THAT UID NO DOES NOT BELONG TO THEN AND IT MAY BE A SCAM. IF ANY BODY CAN GUIDE TO CONTACT ADMIRAL OPERATING IN INDIA
Exposure
2024-11-19
Nicolas Navarro
Argentina
Admiral Markets offers a reliable and easy-to-use platform for trading in the financial markets. It stands out for its solid regulation, variety of instruments, and good customer service.
Positive
06-10