Adamant Finance Review 2018

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Adamant FinanceReview

Adamant Finance Review

Adamant Finance is a relatively new online forex broker that was established in 2014. The brokerage company is based on the islands of St. Vincent and the Grenadines with their office located at The Jaycees Building, Stoney Ground, Kingstown. Adamant Finance uses the latest technology to help bring the financial markets right to the doorsteps of their clients. They also offer their traders extremely competitive spreads by adopting the ECN-NDD business model. To ensure that their clients enjoy trouble-free trading with Adamant Finance, the broker has backed up the offering of its services with a team of professional customer support representatives who are available 24/5.

Adamant Finance Video Review

Adamant Finance Regulations

Adamant Finance comes under the regulatory oversight of the St. Vincent and the Grenadines Financial Services Authority (FSA) and operates under the registration IBCN: 22879 IBC 2015. The FSA both supervise and regulate the non-bank financial institutions as well as the international financial services sector, to ensure that these entities operate in accordance with international best practices and governing legislation of St. Vincent and the Grenadines.

Adamant Finance Reliability

Although the FSA is not as well known as the UK’s Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC), it does not make not diminish the role of the FSA in ensuring that the financial industry contributed positively to the overall development of the economy of St. Vincent and the Grenadines.

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Adamant Finance Trading Platforms

The trading platform which has been adopted by Adamant Finance is the MetaTrader 4 (MT4) trading platform. Supplied by MetaQuotes Software, the MT4 is widely used by the online forex and CFD trading industry. The MT4 platform is also widely popular among online forex traders due to its multifunctional capabilities. Coming integrated with an advanced charting package, the MT4 also supports automated trading through small programmable instructions called Expert Advisors (EAs). It also supports multiple types of market orders letting traders have more versatility with the way they trade the markets. Some of the other advanced features that the MT4 trading platform possess include the following:

  • Built-in MQL4 programming language
  • Support real-time news feed and price quotes
  • Large selection of technical indicators
  • Support several languages
  • Highly customizable
  • Notification alert
  • Support CFD, Forex and Futures trading

Adamant Finance Mobile Trading

Traders who are required to be on the move constantly no longer have to feel left out of the markets. The MT4 trading platform is also available as mobile trading apps for both Android and iOS powered devices. These apps can easily be downloaded from Google Play Store and Apple’s App Store free of charge. Once installed onto the smartphones or tablets, Adamant Finance’s traders have to ability to make key trading decisions regardless of where they are at. In addition, they are able to keep themselves constantly updated with any developments in the market in real time.

Adamant finance Trade Types/Instruments

In terms of trading instruments, Adamant Finance currently only offers to trade in a selected range of currency pairs, commodities, Futures, Market indices and precious metals. The currencies covered include the majors and selected minors. For commodities, Adamant Finance concentrated on fossil fuels such as crude oil and natural gas. For precious metals, the list covers gold, silver, palladium, and platinum.

Adamant Finance Account Types

For trading account types, Adamant offers 3 main types of trading accounts. They consist of:

  • Classic
  • MarketPro
  • MarketPrime

Classic

  • Minimum deposit: $1
  • Commission: None
  • EA Trading Available
  • Instruments: 27 Fx Pairs, 4 Metals
  • Leverage: 1:500
  • Market Execution
  • Minimum Trade size: 0.01 Lot

MarketPro

  • Minimum deposit: $125
  • Commission: $5 Per Lot
  • EA Trading Available
  • Instruments: 84 Fx Pairs, 4 Metals, 3 Futures
  • Leverage: 1:200
  • Market Execution
  • Minimum Trade size: 0.01 Lot

MarketPrime

  • Minimum deposit: $250
  • Commission: $4 Per Lot
  • EA Trading Available
  • Instruments: 84 Fx Pairs, 4 Metals, 3 Futures and 13 Indices
  • Leverage: 1:100
  • Market Execution
  • Minimum Trade size: 0.1 Lot

Adamant Finance Commissions & Spreads

Market liquidity at Adamant Finance is provided through the broker’s access to the central banks. To offer their clients extremely competitive spreads which can start from as low as zero pip, Adamant Finance uses ECN/NDD trading technology. The following table shows some of the spreads which Adamant Finance’s traders can enjoy trading the markets through its platform.

Instruments MarketPrime Spreads (in pips)
USD/CHF 1.2
USD/JPY 0.5
Brent Crude 2.1
WTI Crude 1.7
Natural Gas 0.2
NASDAQ 1.0
S&P 500 0.3
FTSE100 1.0
Gold 8.0
Silver 1.2

Adamant Finance Deposits & Withdrawals Options

To offer their traders every convenience, Adamant Finance has provided its clients with a variety of electronic payment methods. These methods can be categorized into credit/debit cards, eWallets and bank wire transfer.

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Adamant Finance Bonus & Promotions

In terms of bonus offers, Adamant Finance is currently offering newcomers a welcome bonus of $50 without any deposit required. Adamant Finance also provides %200 deposit bonus for any amount a client decides to deposit. In addition to the bonus offer, Adamant is also offering a demo account trading competition. The participation fee for the competition is $5 and prizes are as follows:

  • 30% of prize pool (1st Prize)
  • 20% of prize pool (2nd Prize)
  • 10% of prize pool (3rd Prize)

Adamant Finance Customer Support

To accommodate their clients in Eastern Europe and the Middle East, Adamant Finance website is also translated into Russian and Arabic. In addition, to ensure that traders are able to get the assistance which they require whenever they needed it, Adamant Finance has made their customer support services available on a 24/5 basis. Traders can easily get in touch with the support representatives through email, live chat or by leaving a message on their web contact form.

Apart from the live customer support services, Adamant Finance also makes every effort to assist their traders to get the most out of their trading activities. As such, Adamant Finance has also ensured that their traders are properly educated by providing them with a comprehensive trading education resource center.

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Pros

  • 24/5 Dedicated Customer Support
  • Competitive Spreads
  • Low Minimum deposit requirement
  • Multiple Versions of MT4 trading platform

Cons

  • No trading for Equities
  • Only MetaTrader 4 trading platform available

Adamant Finance Q&A

  • Is Adamant Finance regulated?

Yes. Adamant Finance is regulated broker under the jurisdiction of the St. Vincent and the Grenadines Financial Services Authority (FSA).

  • Where is Adamant Finance based?

Adamant Finance is based on the islands of St. Vincent and the Grenadines. Their head office is located at the Jaycees Building, Stoney Ground, Kingstown.

  • How does Adamant Finance make money?

Adamant Finance makes its money by charging its traders a small commission and spreads on the trades that they made.

  • How to deposit in Adamant Finance account?

To deposit funds into an Adamant Finance accounts, major credit/debit cards, eWallets and bank wire transfer may be used.

  • How to withdraw money from Adamant Finance?

For withdrawal of funds from Adamant Finance, traders can also use the same methods that are used for depositing trading funds.

  • How to open an account with Adamant Finance?

To open a trading account with Adamant Finance, simply fill up the registration form and submit it with all the required documents.

  • Is Adamant Finance reliable?

Yes. Adamant Finance is a reliable broker. The brokerage firm has been in operation since 2014 and is regulated by the St. Vincent and the Grenadines Financial Services Authority.

  • Does Adamant Finance use MetaTrader?

Yes. The main trading platform used by Adamant Finance is the MetaTrader 4 trading platform.

  • What is Adamant Finance’s leverage?

The maximum leverage offered by Adamant Finance is 1:500 for the classic account.

  • Is Adamant Finance a scam?

No, Adamant Finance is not a scam. It is a legitimate broker that has been operational since 2014.

  • How safe is Adamant Finance?

Adamant Finance is under the regulatory oversight of the St. Vincent and the Grenadines Financial Services Authority and operates in accordance with international best practices.

Conclusion

Adamant Finance offers their traders several advantages. One of these is their wide range of trading assets. For example, MarketPrime account holders have a choice of more than a hundred different types of assets to trade with. In addition, there are multiple banking payment solutions which traders can utilize to deposit or withdraw their funds. The fact that the customer support services are available throughout the entire trading week also acts as an assurance that you will able to obtain assistance whenever you require it.

Adamant FinanceOverview

Company Information

Broker DetailsInfo
Regulated byFSA
Headquarters CountrySaint Vincent and the Grenadines
Foundation Year2015
Publicly TradedNo
Number Of Employees100

Deposit Options

Cash-U, Credit Card, Moneybookers, Neteller, QIWI, Skrill, Webmoney, Wire Transfer

Withdrawal Options

Bitcoin, Cash-U, Credit Card, Neteller, QIWI, Skrill, Webmoney, Wire Transfer, Yandex.Money

Trading Account Options

Account TypeInfo
Min. Deposit$1
Max. Leverage1:500
Mini AccountYes
Demo AccountYes
Premium AccountYes
Islamic AccountNo

Adamant Finance Trading Features

Suitable For

Trader LevelYes/No
BeginnersYes
ProfessionalsYes
ScalpingYes
Day TradingYes
Weekly TradingYes
Swing TradingYes
Social TradingNo

Customer Service

TimeYes/No
24 Hours SupportYes
Support During WeekendsNo

Customer Support Languages

English, Russian

Trading Services

ServiceInfo
Supported Trading PlatformsMT4
Commission On TradesYes
Educational ServiceYes
SignalYes
Email AlertsYes
Trailing SP/TPYes
Automated TradingYes
Has VPS ServicesYes

Supported Instruments

Instrument TypeYes/No
CurrenciesYes
CommoditiesYes
CFDsNo
IndicesYes
ETFsNo
StocksNo
BondsNo

Adamant FinancePromotions

Promotion infoOfficial Site
Welcome BONUS 50$
You can only get the welcome bonus once. Maximum withdrawal is 25 USD. Initial funds cannot be withdrawn.
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Adamant FinanceUser Reviews

Rate this broker
  • 5.0
    Honest broker
    Egor
  • 5.0
    Broker with a low spread
    Stanislav
  • 5.0
    Adamant - my broker!
    Alex
  • 5.0
    80 currency pairs
    Declan
  • 4.0
    Good customer support
    Jordan
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