Admiral Markets Review 2019 | Is Admiral Markets a Scam or Legit Forex Broker?

Read our Admiral Markets review to find out if Admiral Markets is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.8/ 5

Rating breakdown

Protection & Regulations
80% Complete (danger)
4.0/5
Trading platforms
100% Complete (danger)
5.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
# Broker's Features ADMIRAL MARKETS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Admiral Markets.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Admiral Markets offers Online Financial Trading and Investment Services Such as Currencies, Gold, Silver, Indices, CFDs, Commodities, Indices, Shares.

Tradable Products: Admiral Markets offer 47 currency pairs, 32 Cryptocurrencies, 16 commodities, 19 indices and 2 bonds, 3,359 stocks and 383 ETFs as CFDs

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Admiral Markets is ECN, STP.

Features: The MT4 platform has 30 indicators, 9 timeframe, 4 pending order types, but the newer MT5 has 38 indicators, 21 timeframes and 6 pending orders. Admiral Markets offers both platforms packed with premium analytical and trading tools.

Executing Trades:

Admiral Markets allows you to execute a minimum trade of 0.1. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Admiral Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Admiral Markets recommended minimum capital is $0.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Admiral Markets is regulated by ASIC, CySEC, FCA, MiFID. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: Admiral Markets investment firms are regulated by the FCA, ASIC, CySEC, EFSA and MiFID. To protect their clients, they keep clients’ funds separate from theirs and protect their website and platforms with SSL.

Account currencies: Next lets consider the Account currencies each broker offers. Admiral Markets offers EUR, USD, GBP, CHF different account currencies for each account types.

Account Openning: There are a variety of different types of accounts depending on your jurisdiction plus platform and trading instruments preferred by the trader.

Admiral Markets offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.

Languages Available: Next lets have a look at each broker's different Language options. Admiral Markets offers English, Spanish, Hungarian, Bulgarian, Czech, German, Dutch, French, Estonian, French, Greek, Latvian, Lithuanian, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, Croat.

Payment methods: Next lets have a look at each broker's payment options. Admiral Markets offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer, PayPal different payment methods for each account types.

Deposit and withdrawal: Bank transfers, Credit/debit cards and skrill are the main payment options with this broker, also Bitcoin for ASIC region . No third party deposits and withdrawal charges apply except on bank transfers.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Admiral Markets makes MT4, WebTrader available to clients.

Web & Desktop Trading Platforms: The MT4 and MT5 trading platforms are provided across all devices. Available versions include the WebTrader as well as the desktop client for windows and Mac computers.
Mobile Trading Platforms: The MT4 and the MT5 platforms have mobile apps designed for android and iOS mobile phones and tablets. The apps are user friendly and replete with tools useful for trading and analysis.

Other

Trader Education
Admiral Markets provides adequate training especially for new traders. They schedule webinars and seminars. Articles and tutorials section of their website teaches analysis. Forex 101 course is free and uses videos to teach clients how to trade. The trader’s blog, Market Heat Map, Market Sentiment and Cryptocurrency Bubble-o-Meter are some of the research tools used by Admiral Markets to present their research and analysis to clients.

Promotions
The Pro.Cashback scheme is exclusively for clients categorized as professional clients. They get monthly rewards based on traded volume. This is the only promotion awarded by Admiral Markets.

Support
Quality customer support is available via phone, email, webchat, or social media. The support available on Admiral Markets is multilingual and it is available 24/5.

Recup
Admiral Markets has been in the brokerage business for over 18 years and have expanded and improved over the years. The brand is regulated in four different countries. The company has performed creditably to abide by all regulatory provisions of account segregation and best security practices.

Final Thoughts
MetaTrader enthusiasts choose Admiral Markets for its reliable customer service, a diverse offering of tradeable instruments, and advanced MetaTrader features, including active trader tools via the Supreme add-on and market research via Premium Analytics.

Trading Experience
Admiral Markets has modern sophisticated platforms, tools and trainings perfect for all levels traders.

People Also Asked

Is Admiral Markets regulated?
Yes, Admiral Markets is regulated by top-tier regulators, ASIC, CySEC, FCA, MiFID inclusive.
Where is Admiral Markets based?
Admiral Markets is based in , United Kingdom
How does Admiral Markets make money?
Admiral Markets charges a spread between the bid price and ask price. In some instances it also charges a commission.
How do I deposit in Admiral Markets account?
With Admiral Markets you can deposit money via the following means; Credit Card, Neteller, Skrill, Wire Transfer.
How do I withdrawal in Admiral Markets account?
Admiral Markets lets you request a withdrawal of funds from your account via the following means; Neteller, Skrill, Wire Transfer.
What is the minimum deposit for Admiral Markets?
Admiral Markets has $0 minimum deposit.
What are the available account base currencies with Admiral Markets?
Admiral Markets trading accounts are offered in EUR, USD, GBP, CHF. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Admiral Markets?
Admiral Markets has a maximum leverage is 1:500 for professional traders.
How do I open an account with Admiral Markets?
Opening an account with Admiral Markets is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does Admiral Markets use MetaTrader?
Admiral Markets platforms: Yes, Admiral Markets use MetaTrader as well as the following platforms: MT4, WebTrader
What type of broker is Admiral Markets?
Admiral Markets appears to be a ECN, STP broker which offers market access to a variety of traders.
Does Admiral Markets accept US clients?
No
Does Admiral Markets offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with Admiral Markets: You can trade a wide variety of instruments with Admiral Markets: Currencies, Gold, Silver, Indices, CFDs, Commodities, Indices, Shares

Are you Satisfied with what They Offer?