Admiral Markets Review

200 CCYMIN. DEPOSIT
Up to 500:1
Tailor made
NO DEP. BONUS
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Admiral Markets
Tailor made
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Overview

Company Information Ever since it was incepted in 2001, the Admiral Markets Group has shown powerful dedication to quality assurance and high-class software, thus fervently growing its reach. Nowadays, its… more

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Details

BrokerAdmiral Markets
Website URLhttp://www.admiralmarkets.com/
Founded2001
HeadquartersLondon, United Kingdom
Support Number+44 20 7726 4003
Support Emailhelpme@admiralmarkets.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Bulgarian, Czech, German, Estonian, Spanish, French, Greek, Croatian, Georgian, Italian, Russian, Latvian, Lithuanian, Hungarian, Romanian, Dutch, Norwegian, Polish, Portuguese, Slovene, Slovak, Finnish, Swedish, Chinese, Arabic
Minimum 1st Deposit200 CCY
Minimum Trade Amount0.01 lots
Maximum Trade Amount100 lots
BonusTailor made
PayoutUp to 500:1
Free Demo AccountYes
Regulated Yes
RegulationFinancial Conduct Authority (FCA)
Account TypesAdmiral.Markets, Admiral.Prime, Admiral.MT5
Deposit MethodsBank Wire, Sofort, Visa, MasterCard, Skrill, Neteller, Bank link Estonia, Bank link Latvia, Lithuania, Finland
Withdrawal MethodsBank Wire, Sofort, Visa, MasterCard, Skrill, Neteller, Bank link Estonia, Bank link Latvia, Lithuania, Finland
Types of AssetsForex, Metals, Indices, Shares, Bonds
Account CurrencyEUR, USD, AUD, BGN, CHF, CZK, GBP, HRK, HUF, NOK, PLN, RON, RUB, SEK
ECN Broker Yes
Scalping Allowed No
Managed No
Lowspread No
Forex Demo Contests Yes
Forex Live Contests No
US Traders Allowed No

Full Review

Company Information

Ever since it was incepted in 2001, the Admiral Markets Group has shown powerful dedication to quality assurance and high-class software, thus fervently growing its reach. Nowadays, its competitive services are utilised by countries all across the wide globe via Admiral Markets’ trading companies.

Admiral Markets UK Ltd is stringently overseen and is authorised by the Financial Conduct Authority (FCA). Besides, it is accredited to maintain Client Money, following the rules and regulations of FCA CASS. Admiral Markets AS, nestled in Estonia, is Admiral Markets UK’s sister company and it is the provider of the White Label. There, in regard to brokerage and investment activities, it is sternly monitored by the Estonian Financial Supervision Authority, thus abiding by the directives for EU financial services, including the Markets in Financial Instruments Directive (MiFID).

 

Trading Information

For the global presence of the Forex company also speak its flexible trading accounts, relying on highly trustworthy security. If investors would like to thwart currency fluctuations, they can opt out for constructing multiple accounts in various currencies – all at the same time.

Admiral.Markets is the company’s most popular and basic account. It requires solely $200 to be launched. The account provides a huge array of currencies, bond CFDs, Spot metals, cash indices, stocks, and spot energy. The leverage varies from 500:1 to 10:1 and the spread, pips commence(s) from 0.8.

The Admiral.Prime necessitates $1,000 to embark upon trading through its 44 currencies and 3 spot metal CFDs. The leverage is the same as that in the Admiral.Markets account – from 500:1 to 10:1. It also comes with a commission of $3 per 1.0 lots, while the spread begins from 0.

The Admiral.MT5 (available only on MetaTrader5) has a choice of 2 spot metal CFDs and 26 currencies. To initiate such a trading account, a minimum sum of $1,000 is requested. The spread starts from 0.2, the commission amounts to 0.003% of the traded volume, and the leverage is up to 100:1.

None of the accounts has requotes nor do they have limit/stop levels. They do have market execution, though. The maximum order sizes for the Markets, Prime, and MT5 accounts are 100, 200, and 50, respectively.

 

Trading Platforms

The trading platforms arsenal of Admiral Markets is whopping – four (4) innovative platforms. These include the reputable MetaTrader 4 (MT4), the Supreme Edition of MT4, the WebTrader for MT4, and, of course, MetaTrader 5 (MT5). In fact, we can decrease them to two – MT4 and MT5.

MetaTrader 4 needs no thorough presentation as it is both the strongest and most user-friendly platform that is available nowadays for trading Forex and CFDs.

MT4 Supreme Edition is more like a plugin to the classic MT4 which permits traders to use its creative features, including the Mini Terminal (helpful trade management for every investor), the Tick Chart Trader (track chart movements effortlessly), the Trade Terminal (allowing to efficiently manage all orders and the trading account), the amazing Trading Simulator (permitting traders to craft bullet-proof strategies), and many more.

MT5 is the newly improved platform for both CFDs and Forex trading – you can use the Admiral.MT5 account here.

 

Security and Customer Services

Armed with robust financial security mechanisms and excellent policies for customer care, Admiral Markets lives up to the fastidious demands of its respected investors. Compliant with FCA regulations and rules, all client cash is maintained in fully segregated accounts from the Forex enterprise’s assets and in a credit institution that is regulated by the EEA. This safeguards that clients’ moneys are accessible at all time and no other use of them is possible. Admiral Markets’ auditors guarantee these arrangements every time during an audit. If an unfortunate event does happen despite all odds, a small company or an individual is entitled to a compensation from the Financial Services Compensation Scheme (FSCS) whose amount is to the tune of £50,000.

If you, in spite of all measures taken, have a complaint against the Forex corporation, hand the request to the compliance team at compliance@admiralmarkets.co.uk. In addition, should you have any other difficulty that needs a quick resolution, the impeccable support team is there to aid you with it. Client service is reachable 24/7 via fixed phone lines, through an e-mail, and a live chat. A feedback form at Admiral Markets is also available. The multilingual website is in English, Bulgarian, Czech, Italian, Polish, German, Estonian, Spanish, French, Greek, Croatian, Georgian, Latvian, Lithuanian, Portuguese, Romanian, Hungarian, Moldovan, Russian, Slovene, Slovak, Dutch, Norwegian, Swedish, and Finnish – which ends up to 25 world languages, probably more than any other Forex enterprise.

The centre of operations for Admiral Markets is nestled in the British capital, but it does have its envoys all around the globe.

 

Deposits and Withdrawals

Before we proceed to enlisting all available deposit and withdrawal options, it’s essential to know that the company does not agree to take bank deposits in cash. Investors can deposit making use of Bank Wires, Sofort Banking, Bank link (Latvia, Lithuania), Skrill, Bank link (Estonia), MasterCard, VISA, and Neteller. Withdrawals are executed via Skrill, Bank Wires, Neteller, and payments towards the EU in EUR, BGN, GBP, CZK, RON, PLN, and HUF. The processing time for Admiral Markets’ withdrawals is up to 3 working days for bank transfers. For Neteller and Skrill withdrawals, it is instantaneous.

Admiral Markets’ supported currencies comprise of EUR, PLN, CHF, BGN, USD, CZK, AUD, GBP, HRK, RON, NOK, SEK, HUF, and RUB. Keep in mind that the whole array of currencies is available only for Bank Wires. All other options have some currency limitations, fees, and commissions.

 

Deposit Bonus and Loyalty Programmes

Admiral Markets is jam-packed with elite promotions. For instance, its Admiral Club lets traders accrue points and then convert those points into funds which can be withdrawn. For 0.01 lot, you will get 1 point, for 0.1 lot, the reward will be 10 points, while 100 points will be awarded for 1.0 lot of traded volume.

The Forex firm offers an exclusive competition with a mind-boggling prize pool, amounting to $541, 000 – probably the most lucrative trading and educational contest out there, called ForexBall™.

If you envisage to invest more than £15,000, please do request a personal offer from Admiral Markets to turn your conditions for trading into as competitive as possible.

 

 

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