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Admiral Trades Forex Broker provides real users with 1 positive reviews, * neutral reviews and 3 exposure review!

Admiral Trades Broker Review

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Admiral Trades Review 4

Latest All(4) Positive(1) Exposure(3)
Exposure
Big Scammer

I have invested $ 16000 into this Adm Admirals trades company. But they didn’t processed my withdrawals. They are not from UK. It’s big fraud company

Nitin4133
2024-08-09
Exposure

My self Noor Hasan Lodi watsapp no 9007046722 From , joined admtrades.com for trading under professional gold account of $20200 USDT on 13/11/2024 and complete my deposit via Binanance app within time after having lot of loan from bank , solded all golds, and under trading my account 100659and got major profits of $732836 and I apply withdrawal of $732836 on 23/12/2023 but I couldn't get withdrawal till now as information given to me that I have to again invevest $19000. Which was impossible for me. As my account manager He and Finance Director Mr Benjamin pressurize me to deposit another $19000 more to get withdrawal otherwise account will go in auction, I tried very hard to arrange but could not arrange money because i already in soo many loans from bajaj loan Gold loan and and asked from friend approx like 26 Lakhs of my all my hard work money scammed by admiraltrades their misguided people to by showing good trade to scam our money. I am continuously requesting them pls give

FX4259975357
2024-08-06
Exposure
AdmiralTrades are Big Scammer, they are not Trader

My self Noor Hasan Lodi from Sunny Park Malda In which i asked for the lowest minimum plan of $5000 and paid after in a very difficult way by borrowing with my friends. After paying my trade went in profit and latter on somehow it went to loss in which Joseph Said on Dated 14.Dec.2023 that to recovery the loss and profit I have to upgrade the plan for $20000 Plan then all they can recovery all the loss & Profit and gave me huge peruser for arrange another $15000. Mr Joseph said to me once you pay then they will process all the withdrawal amounts $275000 within the next 24hrs in my biniance and I have to pay by 26-12-2023. paid Admiral as advised by Mr Josheph between 13.11.23. To 10.01.2024. After completing paid $20430 to Mr joseph by biniance said that he is in process for my withdrawal struggling to cleared my withdrawal. but they are not able to clear the withdrawal due Indian Govt has Banned the Biniance in India, After 20 days Mr Josheph started multiple excuse and they again started asking me to upgrade account by pay another $19000 deposit, After upgrading my account then only they can will provided the International Tax Membership Certificate through which they can clear the withdrawal payment. They called me to multiplies till 25 April-24 after it they stop the call and blocked trading software of my ID but online id is still active and now not receiving call or responding. then only they can pay, else they cannot payout. But now they are not paying

FX4259975357
2024-07-14
Positive

Trading conditions at Admiral Trades look good! I decided to give their demo account a try. After all, a demo account won't really cost me money. It can be used as a forex trading game.

Chua SheiPern
2023-03-09

  

Admiral Trades 2025 Review: Everything You Need to Know

  Summary: The Admiral Trades review reveals a broker that has garnered mixed feedback from users and experts alike. While some praise its competitive trading conditions and user-friendly platforms, others raise concerns about its regulatory status and customer support. Notably, the presence of multiple regulatory entities across different regions adds complexity to its overall assessment.

  Note: It's important to acknowledge that Admiral Trades operates under various jurisdictions, which can influence its services and regulatory compliance. This review aims to provide a balanced view based on the latest findings.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Setup (Experience) 7
Trustworthiness 4
User Experience 6

  We evaluate brokers based on a comprehensive analysis of user reviews, expert opinions, and factual data.

  

Broker Overview

  Founded in 2001, Admiral Trades has positioned itself as a prominent player in the online trading space, primarily offering services through the MetaTrader 4 and MetaTrader 5 platforms. The broker provides access to a diverse range of assets, including forex, CFDs, commodities, and cryptocurrencies. However, its regulatory status remains a point of contention, as it operates under multiple regulatory bodies, including the FCA in the UK and ASIC in Australia, which adds complexity to its trustworthiness.

  

Detailed Breakdown

  

Regulatory Regions

  Admiral Trades is regulated in several jurisdictions, including the UK (FCA), Australia (ASIC), Cyprus (CySEC), and Jordan (JSC). This multi-jurisdictional oversight aims to enhance the broker's credibility; however, the varying regulations can lead to discrepancies in client protection and service quality.

  

Deposit/Withdrawal Currencies

  The broker supports multiple currencies for deposits and withdrawals, including USD, EUR, and GBP. However, specific details regarding cryptocurrency support vary by region, with some areas not allowing crypto trading.

  

Minimum Deposit

  The minimum deposit required to open an account with Admiral Trades is relatively low, starting at $100. This accessibility is appealing to new traders looking to enter the market without a substantial financial commitment.

  

Bonuses/Promotions

  Admiral Trades offers various promotional bonuses, which can be enticing for new clients. However, potential traders should exercise caution, as bonus structures may come with stringent withdrawal conditions that could hinder access to funds.

  

Tradable Asset Categories

  Admiral Trades boasts a wide array of tradable assets, including over 80 forex pairs, various commodities, indices, and cryptocurrencies. This extensive selection allows traders to diversify their portfolios effectively.

  

Costs (Spreads, Fees, Commissions)

  The broker's cost structure is competitive, with spreads starting as low as 0.6 pips on major currency pairs. However, users have reported that additional fees may apply, particularly for withdrawals and inactivity, which could affect overall trading costs.

  

Leverage

  Admiral Trades offers leverage up to 1:500 for certain accounts, making it an attractive option for experienced traders looking to maximize their potential returns. However, this high leverage also comes with increased risk, and traders should be well-informed about its implications.

  

Allowed Trading Platforms

  Clients can trade using the well-regarded MetaTrader 4 and 5 platforms, which are known for their robust features and user-friendly interfaces. Additionally, the broker offers a proprietary mobile app for trading on the go, enhancing accessibility for users.

  

Restricted Regions

  While Admiral Trades is available in many countries, it does not accept clients from the United States, Canada, and certain other jurisdictions. This limitation may restrict access for some potential traders.

  

Available Customer Support Languages

  Admiral Trades provides customer support in multiple languages, catering to its diverse client base. However, the availability of support may vary depending on the time of day and the specific region.

  

Repeat Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Setup (Experience) 7
Trustworthiness 4
User Experience 6

  

Detailed Breakdown of Ratings

  •   Account Conditions (6/10): While Admiral Trades offers a low minimum deposit and a variety of account types, the lack of transparency regarding fees and the potential for inactivity charges can be concerning for users.

  •   Tools and Resources (7/10): The broker provides a solid range of educational resources and trading tools, including advanced charting options and market analysis, which are beneficial for traders at all levels.

  •   Customer Service and Support (5/10): User feedback indicates that while support is available in various languages, response times can be slow, and some users have reported difficulties in resolving issues.

  •   Trading Setup (7/10): The trading experience on MetaTrader platforms is generally positive, with fast execution times and a user-friendly interface. However, some features are limited on mobile platforms compared to desktop versions.

  •   Trustworthiness (4/10): Despite being regulated in multiple jurisdictions, concerns about the broker's overall transparency and user experiences raise questions about its reliability.

  •   User Experience (6/10): Overall, users have reported a satisfactory experience with Admiral Trades, but issues with customer support and withdrawal processes have been highlighted as areas needing improvement.

  •   In conclusion, while the Admiral Trades review presents a broker with a commendable range of features and a user-friendly trading environment, potential traders should remain vigilant regarding its regulatory status and customer service quality. Conducting thorough research and understanding the nuances of the broker's offerings will be crucial for making an informed decision.

Admiral Trades review