Admiral Markets Review 2019

Regulated By:ASIC, CySEC, FCA, MiFID

Foundation Year:2001

Headquarters:16 St Clare Street, London, United Kingdom

Min Deposit:$200

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Some other tools provided by Admiral Markets are:

  • Trading Calculator: It can be used to estimate your trading profit or loss before placing the trade.

 

  • Forex Calendar: This keeps track of important financial announcements that may affect or create price movements of tradable assets.

Commissions & Spreads

“Admiral Markets is a market execution broker, so, their spreads are low and offer over 7,000 tradable instruments. The typical spread for the benchmark EURUSD currency pair is 0.1 pips.“

There are a variety of trading accounts and each one comes with its own trading conditions. The Admiral prime account for MT5 and the Admiral Prime for MT4 come with 0 pips on the benchmark EUR/USD. Instead there is a commission to pay:

Forex & Metals – from 1.8 to 3.0 USD per 1.0 lots
Cash Indices – from 0.05 to 3.0 USD per 1.0 lots
Spot Energies – 1 USD per 1.0 lots
Stocks & ETFs – from 0.01 USD per share
On the other accounts spreads start from around 0.5 pips.
Also note that admiral.prime is mainly for FX trading and only offers few indices and commodities for trading.

Find below the typical spreads from selected popular trading instruments in different accounts:

INSTRUMENT Admiral.Markets Admiral.Prime Admiral.MT5
EURUSD 0.6 0.1 0.6
Gold 25.0 20.0 25.0
BRENT 3.0 1 3
GBPUSD 1.0 0.6 1.0
BTCUSD 0.5 0.5
USDJPY 0.9 0.4 0.9
DAX30 0.8 0.2 0.8
DJI30 1.5 0.9 1.5

The figures in the table above were obtained from www.admiralmarkets.com, and are correct as at the time of this review. It is subject to change without notifications.

Bonus & 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.”

In keeping with regulatory requirements, deposit bonuses are not provided by Admiral Markets. What we have is a loyalty program. The Pro.Cashback Loyalty Programme is designed to reward professional clients every month. The account is automatically credit with a bonus amount which is in consonance with the trading volume. The more funds in the clients’ account, the more the bonus. There are no limits to this bonus.

Customer 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. “

Here are the provided support channels:

  • Support via Phone: For queries, call +44 20 35140756. For trading desk, call +372 6309 300
  • Live Web chat is available on the website.
  • Email: hello@admiralmarkets.com and support@admiralmarkets.com.
  • Feedback Form: This form can be used to reach the support team and it is found on the Admiral Markets website.

Social Media:

  • YouTube.com/Admiral Markets Uk: https://www.youtube.com/user/AdmiralMarketsFX
  • Google+: plus.google.com/Admiral Markets
  • Facebook.com/Admiral Markets
  • Twitter.com/AdmiralMarkets
  • LinkedIn.com/Admiral Markets
  • Instagram/admiralmarkets

The customer support representatives are very knowledgeable and seem willing to help. Emails are replied to within a day. The social media channels are active and updated. It took the web chat support assistant 40 seconds to respond to a chat.

Research

“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.”

The following research tools are provided by Admiral Markets:

  • Trader’s Blog is a daily blog used discuss about the market news and analysis of the trading instruments.
  • Market Heat Map is used to track daily price movements.
  • Market Sentiment: This tool is used to view the “buy and sell” of other forex traders by currency pairs.

  • Cryptocurrency Bubble -O-Meter: This tool is used to compare Bitcoin with other cryptocurrencies and tokens.

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.“

Admiral Markets provide training for their clients in the following ways:

  • Forex and CFD webinars are always scheduled on the website.
  • Seminars are also periodically scheduled to train their clients on analysis, decision making processes and trading strategies.
  • FAQ section of the website features 30 questions and detailed answers on issues relating to trading.
  • Trader’s Glossary of 150 terms and their definitions.
  • Articles and tutorials section of the website has 13 sub sections  with more than 200 well written to teach analysis and trading.
  • “Forex 101” is a free course designed by Admiral Markets’ experts to help a beginner to learn how to trade forex and CFDs. The course content consists of 9 videos, written notes and quizzes. The course is divided into Beginner, Intermediate and Advanced. The videos are professionally made with animations, graphs and quality audio. It is free for everyone.

Trading Experience

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

The Admiral Markets broker is suited for all levels of traders. This is because their platforms, trading instruments, trainings and MT4/MT5 plugin suit all styles and level of traders. Beginners are given support in terms of adequate trainings, glossary and demo accounts. Professional traders are given more leverage, reward bonus and other tools necessary for analysis.

FAQ

Where is Admiral Markets based?

The Admiral Markets operates out of Cyprus, UK, Estonia and Australia.

How does Admiral Markets make money?

Admiral Markets makes its money from spreads as well as commissions on trades.

How do I deposit in Admiral Markets account?

You can deposit funds using credit/debit cards (VISA, MasterCard), Skrill and bank transfer.

What is the min. deposit for Admiral Markets?

Minimum deposit is $100 for the Admiral.Market and Admiral.MT5 account types.

What is the max leverage in Admiral Markets?

The maximum leverage is 1:500 which is strictly for Professional clients on all account types

How do I open an account with Admiral Markets?

Click the “Sign Up” button and fill the form.

Does Admiral Markets use MetaTrader?

Yes, Admiral Markets offers the MT4 and MT5 platforms

Conclusion

“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.“

They offer the popular MT4 platform and its newer version which is the MT5. Over 7,000 assets can be traded on the platforms. They provide the platforms as WebTrader, downloadable Desktop and Mobile versions. They have also developed the “MetaTrader Supreme Edition” which extends the features of the MT4 and MT5 platforms.

Market research, news and blog content is provided to all traders. The brand also has a well-organized trader education suite of articles, videos and webinars to assist the new traders.

Top User Reviews

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3.8(14)
Admiral Markets Overall Rating
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Rate Admiral Markets
Latest 5 user reviews sorted by highest rating
A
August L. Schmidt
5/5
Reliability:
5/5
They Give You Free Proper Trading Education

<p>Free 4 Weeks trading camp provided </p>

T
Tomas
5/5
Reliability:
5/5
Good broker

<p>I try many other brokers platform and Demo accounts, but choose Admiral Markets, I'am trading more then two years with Admiral Markets, and I am happy this company looks trusty and reliable for me. Client service in Lithuania is very good.</p>

A
AZ
5/5
Reliability:
5/5
Very Good Broker

<p>Admiral Markets is BEST broker, regulated, secure, fast withdraval and super support, very good trading. Admiral Markets have SUPER promotions, low spreads, very good execution, better liquidity than other brokers.</p>

J
Jad Laham
5/5
Reliability:
5/5
Admiral Markets are one of the best

<p>Im holding an account with Admiral Markets , they are one of the best .<br /> in terms of deposit/withdraw - execution - offers</p> <p>seriously HAT OFF</p>

B
Bertrand Legault
5/5
Reliability:
5/5
Low Cost Start-Up Trading Account Available

<p>Need only $250 to open a live trading account</p>

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