Admiral Markets Forex Broker provides real users with 6 positive reviews, 4 neutral reviews and 18 exposure review!
Software Index
Risk Control
There is lowdown on the quotation of the crude oil since it differs sharply from the real trend.
I applied for a withdrawal but I’m not receiving money until now. The service is missing. I hope someone can help me solve this.
Admiral Markets, now rebranded as "Admirals," is a well-regarded broker in the forex and CFD trading space, known for its competitive pricing, robust educational resources, and advanced trading platforms. Overall, user reviews indicate a generally positive experience, particularly highlighting the broker's regulatory standing and comprehensive trading tools. However, some users have raised concerns about customer service availability and the complexity of its fee structure.
Note: It's important to recognize that the broker operates through various regional entities, which can result in differing features and regulations depending on the user's location. The assessment of Admiral Markets is based on a thorough review of multiple sources to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 8 |
| Tools and Resources | 9 |
| Customer Service | 7 |
| Trading Experience | 8 |
| Trustworthiness | 9 |
| User Experience | 8 |
| Overall Experience | 8 |
How We Rated the Broker: The ratings are derived from a comprehensive analysis of user feedback, expert opinions, and factual data about Admiral Markets' offerings.
Founded in 2001, Admiral Markets has established itself as a prominent player in the forex and CFD brokerage sector, with its headquarters in Tallinn, Estonia. The broker operates under multiple regulatory authorities, including the UK's Financial Conduct Authority (FCA) and Australia's Australian Securities and Investments Commission (ASIC). Clients can trade a wide variety of asset classes, including forex, stocks, indices, commodities, and cryptocurrencies, primarily through the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Admiral Markets is regulated in several jurisdictions, including:
This diverse regulatory oversight enhances the broker's credibility and assures clients of a secure trading environment.
The broker supports multiple base currencies, including USD, EUR, GBP, CHF, and others. For cryptocurrencies, Admiral Markets offers trading in a limited selection of digital assets, primarily through CFDs.
The minimum deposit requirement varies by account type but generally starts at $100 for most accounts, making it accessible for new traders.
Admiral Markets offers various promotions, including a welcome bonus for new clients and cashback options based on trading volume. However, the specifics of these promotions can vary by region.
Admiral Markets provides access to over 8,000 tradable instruments, including:
Admiral Markets employs a variable spread model, with spreads starting as low as 0.1 pips for major currency pairs on certain accounts. While there are no withdrawal fees for the first transaction each month, subsequent withdrawals may incur a fee.
The maximum leverage offered is up to 1:500, depending on the account type and regulatory jurisdiction. However, retail clients in the EU are limited to a maximum leverage of 1:30 due to ESMA regulations.
Clients can trade using MT4 and MT5, both of which are available on desktop and mobile devices. The broker also offers a proprietary mobile app for trading on the go.
Admiral Markets does not accept clients from the United States, Canada, and Japan, although residents from these regions can open demo accounts for practice.
Admiral Markets provides customer support in multiple languages, including English, Spanish, German, Russian, and several others, ensuring accessibility for a diverse client base.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 8 |
| Tools and Resources | 9 |
| Customer Service | 7 |
| Trading Experience | 8 |
| Trustworthiness | 9 |
| User Experience | 8 |
| Overall Experience | 8 |
Admiral Markets offers a variety of account types tailored to different trading styles, including standard, zero spread, and investment accounts. The minimum deposit starts at $100, making it accessible for new traders. However, some users have noted that the fee structure can be complex, particularly regarding commissions on certain accounts.
The broker excels in providing educational resources, including webinars, articles, and trading courses, making it suitable for both novice and experienced traders. The availability of advanced tools, such as the MetaTrader Supreme Edition, enhances the trading experience.
While Admiral Markets has a generally responsive customer service team, some users have reported that support is not available 24/7, which can be a limitation for traders in different time zones. The broker offers support via live chat, email, and phone.
Users have praised the trading experience on Admiral Markets, particularly the speed of execution and the range of available instruments. However, some have expressed concerns about the lack of social trading features compared to competitors.
With multiple regulatory licenses and a long-standing reputation in the industry, Admiral Markets is considered a trustworthy broker. The segregation of client funds and negative balance protection further enhance its credibility.
Overall, the user experience on Admiral Markets is positive, with a user-friendly interface and comprehensive trading tools. However, some users have found the platform's complexity to be a hurdle, particularly for beginners.
In summary, Admiral Markets stands out as a reliable broker with a strong focus on education and a robust trading environment. While it offers a wide range of features and competitive pricing, potential users should carefully consider their trading needs and the specific conditions of the account they choose.