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AdmiralTraders Forex Broker provides real users with * positive reviews, * neutral reviews and 5 exposure review!

AdmiralTraders Broker Review

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AdmiralTraders Review 5

Latest All(5) Exposure(5)
Exposure
admiraltrades are scammer.

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 my withdrawal but they are not responding as they are scammer , so I lost my deposited money my hard work money and lost earned profits , so admtrades.com is totally scamer company who initially talk with very sweet and good relation words and show godd advantage protective deal and at the time withdrawal they ask more money , it is totally trapped to scam money from us , so you all are requested to pls be away from Admiraltrades.com. website and caught scammers

FX4259975357
2024-10-13
Exposure

This is to inform you that m y self Noor Hasan Lodi from Sunny Park Malda On Dated between 02-Nov-23 14-02-Nov-2013Mr Krish Aaryan contacted Admiral Trades company and convinced for Education and training of Trading Purpose . For which they asked $200 for the registration and created my Live Trading Account Id:- 100659. And he said that you Profillio Manager will be Joseph Juha Started for the trading then he asked me to update the Account for better good plans and provided 4 No of plans. 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 $1

FX4259975357
2024-08-26
Exposure
Scam Person All Admtraders

joined admtrades.com for trading under professional gold account of $10000 usdt on 28/02/2024 and complete my deposit via Binanance app within time after taken loan from friend of 8 percent , under trading my account 101119 and got major profits of $86581 and I apply withdrawal of $28571 on 1/04/2024 but I couldn't get withdrawal till now . In this regard Barkley bank given letter to admiral and want 30% upfront tax of crypto currency tax from Admiral but they informed to me that I have to switch in investor account .But as agreement clause no more money I have to deposit. As my account manager mr Kris Aaryan on my behalf he is deposited 10000$ but remaining 28571 $ is balance , He and Finance Director to deposit at least $20000 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 loan so they sent my account in auction on 04/04/2024 . I am continuously requesting them ple give my withdrawal then i will deposit remaining balance, but they don't agree and my account sent to auction, so I lost my deposited money and earned profits , so admtrades.com is scamer company who initially talk very sweet and give protective deal bla bla and at the time withdrawal ask more money , it is totally trapped to scam money from us , so ple give away from it. In indian government should block website and caught scammers. If they are not scamer they can withdrawal to me and take again from me, but they will ñot give because they are scamer, my amount I very low against my profits

FX2001456156
2024-04-04
Exposure
Admtrades.com is completely scamer

I sushil Kumar Singh 917587208558 From India, email: sushil27061975@gmail.com , joined admtrades.com for trading under professional gold account of $20000 usdt on 3/11/2023 and complete my deposit via Binanance app within time after taken loan from Bank , under trading my account 100662 and got major profits of $2280460.93 and I apply withdrawal of $1600000 on 9/12/2023 but I couldn't get withdrawal till now . In this regard Barkley bank given letter to admiral and want 30% upfront tax of crypto currency tax from Admiral but they informed to me that I have to switch in investor account because my account is minor and i got major profit But as agreement clause no more money I have to deposit. As my account manager mr Joseph Joshua on my behalf he is deposited 50000$ but remaining 30000$ is balance , He and Finance Director Mr Benjamin walter pressurize to deposit at least $20000 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 loan so they sent my account in auction on 12/01/2024 . I am continuously requesting them ple give my withdrawal then i will deposit remaining balance, but they don't agree and my account sent to auction, so I lost my deposited money and earned profits , so admtrades.com is scamer company who initially talk very sweet and give protective deal bla bla and at the time withdrawal ask more money , it is totally trapped to scam money from us , so ple give away from it. In indian government should block website and caught scammers. If they are not scamer they can withdrawal to me and take again from me, but they will ñot give because they are scamer, my amount I very low against my profits

Sushil654
2024-02-02
Exposure

I sushil Kumar Singh 917587208558 From India, email: sushil27061975@gmail.com , joined admtrades.com for trading under professional gold account of $20000 usdt on 3/11/2024 and complete my deposit via Binanance app within time after taken loan from bank , under trading my account 100662 and got major profits of $2280460.93 and I apply withdrawal of $1600000 on 9/12/2023 but I couldn't get withdrawal till now as information given I have to switch in investor account because my account is minor and i got major profit But as agreement clause no more money I have to deposit. As my account manager mr Joseph Joshua on my behalf he is deposited 50000$ but remaining 30000$ is balance , He and Finance Director Mr Benjamin walter pressurize to deposit at least $20000 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 loan so they sent my account in auction on 12/01/2024 . I am continuously requesting them ple give my withdrawal then i will deposit remaining balance, but they don't agree and my account sent to auction, so I lost my deposited money and earned profits , so admtrades.com is scamer company who initially talk very sweet and give protective deal bla bla and at the time withdrawal ask more money , it is totally trapped to scam money from us , so ple give away from it. In india government should block website and caught scammers.

Sushil654
2024-01-30

  

AdmiralTraders 2025 Review: Everything You Need to Know

  AdmiralTraders has garnered significant attention in the forex trading community, but the reviews tell a troubling story. The consensus among various sources indicates that AdmiralTraders operates as an unregulated broker with numerous complaints from users regarding withdrawal issues and aggressive sales tactics. Key features include a wide range of trading instruments and high leverage options, but the lack of regulatory oversight raises serious concerns about the safety of investor funds.

  Note: The presence of different entities operating under the AdmiralTraders name across various regions adds complexity to the situation, which is crucial for investors to consider before engaging with this broker.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service & Support 2
Trading Setup/Experience 3
Trustworthiness 1
User Experience 2

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding the brokers services.

  

Broker Overview

  Founded in 2021, AdmiralTraders claims to be an international brokerage firm based in the UK. However, it lacks regulation from any recognized financial authority, which is a significant red flag. The broker offers a web-based trading platform, purportedly allowing access to various financial instruments, including forex, cryptocurrencies, indices, and commodities. However, the absence of oversight means that investors are at risk, as there are no legal protections in place to safeguard their funds.

  

Detailed Breakdown

  

Regulated Regions

  AdmiralTraders operates without valid regulation, raising concerns about its legitimacy. While it claims to be based in the UK, there are no records of its registration with the Financial Conduct Authority (FCA). This lack of oversight is a significant warning sign for potential investors.

  

Deposit/Withdrawal Methods

  AdmiralTraders offers a variety of payment methods for deposits and withdrawals, including credit/debit cards, bank transfers, and e-wallets. However, users have reported issues with withdrawal requests, often experiencing delays or outright refusals, which is a common complaint against unregulated brokers.

  

Minimum Deposit

  The minimum deposit required to open an account with AdmiralTraders is reported to be around $250, which is relatively low compared to other brokers. However, given the lack of regulation, this low entry point may not be worth the risk.

  

Bonuses/Promotions

  AdmiralTraders advertises various bonuses, which are often used as marketing tools to attract new clients. However, such bonuses can lead to complicated withdrawal conditions, making it difficult for users to access their funds later. This practice is often a red flag in the industry.

  

Tradable Asset Classes

  The broker claims to offer a diverse range of tradable assets, including forex pairs, cryptocurrencies, commodities, and indices. However, the lack of transparency regarding the specific instruments available raises concerns about the accuracy of these claims.

  

Costs (Spreads, Fees, Commissions)

  AdmiralTraders advertises spreads starting from 1.5 pips, but users have reported actual spreads being higher. The broker does not clearly disclose its commission structure, which is another point of concern for potential traders.

  

Leverage

  AdmiralTraders offers high leverage, reportedly up to 1:500. While high leverage can amplify profits, it equally increases the risk of significant losses, especially for inexperienced traders. Regulatory bodies often limit leverage for retail clients, which adds another layer of risk when trading with an unregulated broker.

  

Allowed Trading Platforms

  AdmiralTraders primarily offers a web-based trading platform. However, reviews indicate that the platform lacks advanced features found in more reputable trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are popular among traders for their functionality and user-friendliness.

  

Restricted Regions

  AdmiralTraders does not specify restricted regions on its website, but the lack of regulation suggests that it may not be suitable for traders in jurisdictions with strict financial regulations.

  

Available Customer Service Languages

  Customer service options appear limited, with reports of inadequate support and slow response times. Users have expressed frustration with the lack of assistance when issues arise, which is a common complaint for many unregulated brokers.

  

Ratings Revisited

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service & Support 2
Trading Setup/Experience 3
Trustworthiness 1
User Experience 2

  

Detailed Analysis

  •   Account Conditions (3/10): The account conditions are not favorable, especially considering the lack of regulation. Users have reported withdrawal issues, which is a significant drawback for any broker.

  •   Tools and Resources (4/10): While AdmiralTraders claims to offer various trading tools, the actual functionality and effectiveness of these tools are questionable. The absence of a well-known platform like MT4 or MT5 is a major disadvantage.

  •   Customer Service & Support (2/10): Customer service is a critical area where AdmiralTraders falls short. Users have reported slow response times and inadequate support, which can be detrimental in the fast-paced trading environment.

  •   Trading Setup/Experience (3/10): The overall trading experience is marred by the lack of advanced features and the unregulated nature of the broker. Users have expressed concerns about the platform's reliability.

  •   Trustworthiness (1/10): The lack of regulation and numerous complaints about withdrawal issues severely impact the trustworthiness of AdmiralTraders. Investors should approach with extreme caution.

  •   User Experience (2/10): Overall user experience has been rated low due to reported issues with customer service, platform functionality, and trust concerns.

  •   In conclusion, the AdmiralTraders review indicates that this broker poses significant risks to potential investors. The lack of regulation, combined with numerous user complaints regarding withdrawal and customer service, suggests that traders should consider alternative, more reputable brokers that prioritize transparency and client protection.