Admirals Review

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Admirals (formerly known as Admiral Markets) is an award-winning broker that gives you access to trade a vast selection of financial instruments on advanced yet user-friendly trading platforms. I like that they have different account types and a good variety of funding options to choose from. You can trade with tight spreads, fast execution speeds and very low commission fees. For beginners, there is an abundance of educational materials and free demo accounts. If you like conducting market analysis then you will enjoy the powerful trading tools made available to you at no extra cost. They are regulated in multiple jurisdictions which gives me confidence that they operate in a transparent manner.

Summary

Admiral Markets are a leading online trading service provider, offering access for you to trade all markets across one trading platform including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs. This is a great selection of instruments with everything you would expect from major currency pairs, popular cryptos and shares in some of the largest companies.

The Admirals Group was founded in 2001, with an ever-growing global presence and outstanding reputation within the financial industry for offering quality services, financial stability and high security of investments. I have been aware of the broker for many years in an industry where so many come and go. It is great that they are regulated in multiple countries, offering negative balance protection, compensation cover and MiFID compliance.

Trading Conditions

They have commission free accounts and no hidden fees whilst 90% of orders are executed within 90 milliseconds. There are no restrictions on trading strategies with deep liquidity and no requotes. Their servers are physically located next to major liquidity providers, which helps to ensure the best execution speeds and lowest possible latency. These are some of the best trading conditions you will find anywhere, on par with IC Markets.

I appreciated how they are dedicated to providing you with high-end technology backed by quality assurance to ensure the most transparent trading experience possible. External auditors are in place to ensure that operations and procedures comply with strict regulatory compliance whilst financial reports are also available. This goes above and beyond what many other brokers do.

Our #1 Broker 2023

AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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Regulation

Admiral Markets are authorised and regulated by reputable government agencies in multiple jurisdictions. When using their services, you are protected by strong security and customer care policies. Admirals financial reports can be viewed on a dedicated section of the group’s website. They are one of the most well-regulated brokers that I have come across, along with Plus500.

Admiral Markets UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) and is authorised to hold client funds under the FCA CASS rules. Admirals Cyprus Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), Admirals AS is licensed and authorised by the Estonian Financial Supervision Authority (EFSA). Admirals Pty Ltd in Australia is licenced by the Australian Securities and Investments Commission (ASIC) to provide financial services.

The Admirals European offering complies with the Markets in Financial Instruments Directive (MiFID) that was put in place to protect investors by regulating the financial industry and investments services within the European Union. Companies such as Admirals must therefore operate with the upmost transparency and good conduct, giving further protection to clients.

Funds

Client funds are held in segregated accounts and available to clients at any time whilst they cannot be used for any other purpose. This is checked and confirmed on a regular basis by auditors.

Eligible clients who suffer a loss if the company gets into financial difficulty may be compensated by the Financial Services Compensation Scheme (FSCS) for up to £50,000.

Negative balance protection covers professional clients for up to £50,000 compensation for account deficits according to the negative balance protection policy. Retail clients have protection from account deficits with cover provided on a per account bases and no limits on pay out.

Countries

The Admirals group accepts clients from all over the world, excluding USA, Canada, Japan, Malaysia, Singapore and some third-world countries where restrictions apply. If you are from a country that is not accepted, please feel free to take a look at our broker ratings for an alternative.

Platforms

Admiral Markets offer a good selection of platforms for you to choose from including the user-friendly and powerful MetaTrader platforms. MetaTrader is developed by the MetaQuotes Software Corp who are a global leader in trading software. You can use the platform on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The trading apps are useful for those of you who wish to access your account and trade on the go from multiple different locations. They also offer their very own inhouse developed Admirals trading app.

MetaTrader 4

MetaTrader 4 (MT4) is a Forex & CFD trading platform that is used for analysing real time charts and trading financial instruments across multiple markets. It is free to use and suitable for traders of all levels. I find that it has a user-friendly interface and I enjoy the flexibility as it can be customised according to your preferences. You can load various charts, indicators and save strategy templates to use again.

MetaTrader 4 (MT4) Platforms

MT4 features advanced trading tools and operations, including technical analysis indicators, trading strategy templates, automated trading, one click trading and more. It also features multi-language support for over 30+ languages. To use MT4, you simply download and install it, login to your trading account and can then commence trading.

I think MT4 should be more then sufficient to meet the needs of most traders. I personally prefer the desktop version of the platform as it support automated trading through expert advisors (EAs). I also use the app frequently as this is one of the easiest ways to keep track of my trades.

MetaTrader 5

MetaTrader 5 (MT5) is a slightly more advanced version of MT4 with a few additional features. It has more time frames, more advanced charting and trading tools, level II pricing and free market data/news. You simply download and install MT5 then login to your account to begin trading.

MetaTrader (MT5) Platform

If you plan on using complex trading strategies and want as many tools at your disposal as possible, you should probably consider MT5 over MT4. Both platforms are excellent and very similar but MT5 is slightly better and is more of a stock trading platform. If you just want to trade forex, MT4 should be fine.

MetaTrader WebTrader

The MetaTrader WebTrader is basically the MetaTrader platform without needing to download any software as it simply runs in your browser. There is no specific operating system required and it can be launched from anywhere at anytime provided there is an internet connection. Admirals offer both MT4 & MT5 version of the WebTrader platform. I think the web platform is great because it allows me to access my account from any device or web browser and you will always be using the latest version.

MetaTrader Web Platform

MetaTrader Supreme Edition

The supreme editions of MT4 & MT5 offer the most advanced tools to further improve your trading experience on the MetaTrader platform. Many of you might not need these extra tools but if you want to trade full-time, I think they are worth exploring. The sentiment analysis tool I found to be excellent for getting an idea of what other traders are doing.

MetaTrader Supreme Edition

Global Opinion

Global Opinion offers a set of powerful widget add-ons for the MetaTrader Supreme Edition that can help improve the overall trading experience. It includes a markets alert tool based on news sentiment to find new trade ideas based on a number of customisable filters. There are also the Global Opinion Linear and Radial gauges that show the sentiment towards an asset of your choice. This will display if the sentiment is bearish (selling) or bullish (buying) and can be used as part of a contrarian trading strategy.

Admirals Global Opinion

Mini Terminal

The mini terminal is for more efficient trade management. It allows you to open and adjust orders based on your pre-set stop loss, take profit and trailing stops. It includes an integrated lot size and margin calculator, templates for different order types, smart order lines for quickly adjusting prices and the option to reverse or hedge an order at the click of a button.

Admirals Mini Terminal

Trade Terminal

The trade terminal helps you to manage your account and orders more efficiently. It contains the same features as the mini terminal with a few extras to further improve trade management efficiency. These features include multi-currency trade management, multi-monitoring, notifications and multiple order partial closing.

Admirals Trade Terminal

Tick Chart Trader

The tick chart trader lets you closely track chart movements with relative ease, allowing you to see every price movement on different types of tick charts. You can trade directly from the tick chart and export data into Excel for analysing.

Admirals Tick Chart Trader

News Connect

The news connect feature enables you to stay connected to real time news directly within the MetaTrader platform. It gives daily economic news and has an economic calendar. In addition, this feature provides analysis of your trading history, account statistics and the ability to import your own RSS news feeds.

Admirals News Connect

Indicator Package

The indicator package includes the latest advanced trading indicators for analysing your charts in more detail and to assist finding trading signals. Notable features include candle countdown, pivot points, Renko charts and more.

Admirals Indicator Package

Trading Simulator

The exclusive trading simulator gives you the ability to back test your manual trading strategies on historical price data and analyse the results.

Admirals Trading Simulator

Mini Chart

The mini chart lets you see multiple different chart time frames and chart types all from one main chart. These charts can be moved and resized to your liking with the ability to also attach indicators to them. Furthermore, it includes numerous time frames such as the 3 minutes and 3 seconds charts with new chart types for you to explore like Point-and-Figure, Kagi, or Range.

Admirals Mini Chart

Admiral Markets Trading App

The Admirals App is simple and secure. It gives you instant and intuitive access to an extensive product offering – CFDs on Forex currency pairs, stocks, indices, commodities, bonds and ETFs.

Developed entirely in-house by Admirals, the stock trading app has a user-friendly interface and allows you to trade on your mobile device any time, any place.

The Admirals App benefits and features include:

• User-friendly
• Flexible
• Secure
• Real-time trading
• Trade the world’s most popular instruments
• Convenient Demo or Live Trading modes
• Monitor your account and market quotes
• Manage and protect your open positions

Admirals Trading App

Tools

Admiral Markets have an abundance of trading tools that can be used to find trading opportunities on any asset of your choice. I think they are one of the stand out brokers when it comes to trading tools for market analysis. I would put them up there alongside Markets.com in that respect.

Premium Analytics

The premium analytics portal is powered by Dow Jones, Trading Central and Acuity. The portal is free to use for clients and includes live news, economic calendars, global sentiment widget and technical analysis. I think it is great how the analytics are sourced from thousands of financial media outlets. This can help you to verify potential movement in market price.

Admirals Premium Analytics

Economic Calendar

The calendar gives you free access to events that can impact the global markets so that you can stay informed with the latest economic news and prepare for markets moves.

Admirals Economic Calendar

Market News

The real-time market news keeps you informed with the latest market news to assist with your fundamental analysis and help you to make informed trading decisions.

Admirals Market News

Trading Central

Trading Central offers fully automated and customisable advanced technical analysis on any market of your choice. It uses award winning pattern precognition that can be used to analyse the markets across multiple time frames and instruments which can be great to help you identify potential trade opportunities that may have otherwise been overlooked. I think this is an excellent software for market analysis and one of the best that you will find anywhere. I really like Trading Central can take the hassle away from technical analysis by doing it for you and providing you with trading opportunities across all of the major markets in just a few clicks.

Admirals Trading Central

Global Sentiment

Powered by Acuity, the advanced global sentiment indicator uses an aggregated summary of keywords to show you what the global medias sentiment is towards all major markets.

Admirals Global Sentiment

Technical & Fundamental Analysis

On the Admirals website, you can find frequently updated articles with detailed technical and fundamental analysis of the markets.

Traders Blog

The Admirals traders blog provides frequently updated posts on a wide range of topics that cover different markets and can be used to increase your trading knowledge.

Market Sentiment

The market sentiment widget is powered by FXBlue, showing you the real-time long and short positions held on forex currency pairs and gold by other traders which can be used to gain on overview of what other traders are doing. Sentiment analysis is often used as part of a contrarian trading strategy.

Admirals Sentiment

Market Heat Map

The market heat map can be used to track price movements on the upside and downside, for analysing daily trends, volatility and other key metrics. I think this can be a good way to help you find potential trading opportunities based on market movements.

Admirals Heat Map

Cryptocurrency Bubble-O-Meter

The Cryptocurrency Bubble-O-Meter tool has the capabilities to compare Bitcoin against other Cryptocurrencies and tokens. This can be used to evaluate the underlying assets and to find those that are the most over or under priced.

Virtual Private Server

Admiral Markets offer a free Virtual Private Server service (VPS) to qualifying clients. The minimum requirement is to have an equity amount of at least 5,000 in your Live trading account

A VPS, or Virtual Private Server, allows you to access a fully-featured Windows environment on any device. You can seamlessly run Windows on any device of your choosing, allowing you to have convenient and fast access to the newest versions of MetaTrader 4 and 5 anywhere and at any time.

With your free VPS for CFD trading, you can take advantage of comprehensive 24/7 support, so you’ll never be in the dark with knowing how to use your VPS for Forex trading with CFDs.

You’ll also have high-quality enterprise-grade data protection and incredibly low-latency connection with leading Equinix Data Centres, all to offer you one of the most convenient and easily-accessible trading platforms and environments on the market.

I personally use a VPS myself as it allows me to run multiple instances of the MT4 platform. This is important for me as I am always testing expert advisors on different brokers. I use a third-party provider but think it is great you can get one for free from Admirals. Other brokers who also have a free VPS include Blueberry Markets.

The Admirals VPS features:

• MetaTrader 4 & 5: Use MetaTrader 4 & 5 Supreme Edition anywhere and on any device at your convenience
• 24/7 terminal uptime: Use all MetaTrader 4 & 5 functions clock-round, including your own EAs and indicators
• Latency Time: High latency may cost you. Trade as fast as a few milliseconds with the VPS service
• Equinix Data Centres: Take advantage of enterprise-level security datacentres and backup power in place
• One month free: One-month subscription to a Virtual Private Server service free (terms apply)
• State-of-the-art VPS: Connect and enjoy the state-of-the-art turnkey VPS accessible around the clock

Admirals VPS

Education

Admiral Markets prioritise enabling clients to be able to make more informed decisions when trading. Thus, they have a collection of educational programmes you can take advantage of that includes webinars, seminars, eBooks, trading videos, articles and tutorials. These are designed to enhance your trading skills and knowledge, giving you a better overall trading experience. I think this is vital especially if you are a beginner. They have some of the best educational content I have seen from any broker, along with Fortrade.

Webinars & Seminars

The series of free live seminars and webinars are accessible to all levels of traders and cover a range of topics present by trading experts including analysis, indicators, trading strategies, risk management and more.

Trading Videos

Admiral Markets have a popular YouTube channel with hundreds of trading videos and thousands of subscribers. It is frequently updated with thorough and well-presented videos that can help improve your trading skills and knowledge, whatever your level of expertise.

Zero To Hero

Zero To Hero is a free 21 day training course from Admirals by professional trading coaches that aims to teach you how to start trading step by step over a short period of time with compact lessons. It begins with theory lessons that cover the basics such as technical and fundamental analysis, then gets into the practical site of things to apply what you have learned in real market conditions. There are 20 video sessions, Q&A, one live session and a trading strategy included.

FAQs

Admiral Markets have a frequently asked questions section where you can get answers to common questions related to their services and trading in general.

Traders Glossary

The trader’s glossary provides an A-Z of trading terms and definitions to help you learn some of the more common phases used within the industry.

Articles & Tutorials

This educational section contains a rich collection of articles and tutorials for all levels of traders, covering a variety of topics such as trading tips, psychology, market analysis, strategies and more.

Markets

Admiral Markets provide access for you to trade global markets with a wide range of trading instruments including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs. There are more than 8,000 markets. If you think that is a lot, IG have more than 17,000! That is probably more than anyone needs to be fair.

Forex Trading

Admiral Markets have over 40+ minor, major and exotic currency pairs available to trade forex 24/5 with tight spreads and flexible leverage of up to 1:500.

Cryptocurrency Trading

Cryptocurrency trading is available 24/7 with competitive leverage up to 1:5 and the ability to go long or short on some of the most popular Cryptos such as Bitcoin and Ethereum.

Index Trading

You can trade the stock market with indices on some of the world´s largest financial exchanges. Leverage of up to 1:500 is available with no commission or expiration and a minimum deposit of just $1 to start trading indices.

Share Trading

You can trade shares with CFDs on some of the world largest blue-chip companies including Apple, Google, Facebook, BMW, BP and many more. Leverage rates of up to 1:20 are available with the ability to trade in any direction and no extra charges on short sales. With CFD trading, no ownership of stocks is required.

Bonds Trading

CFDs can be traded on government treasury bonds with leverage of up to 1:200, no commissions and a minimum deposit of just $1. You can go long or short when trading bonds and there are no extra charges on short sales.

Commodity Trading

You can trade commodities with CFDs on oil, gas, gold, silver and more with an initial investment from just $200. Leverage of up to 1:500 is available with no extra commission charges and 24/5 trading.

Accounts

Admirals have a range of flexible trading accounts with competitive trading terms and varying services to suit different trader needs. There are 2 MT4 and 2 MT5 accounts for you to choose from. Some accounts have more trading instruments than others whilst minimum deposits, leverage and commission may vary. I like that you can choose an account depending on if you need the lowest possible spreads or if you prefer to trade without any commission fee (spread mark-up). There is an account inactivity fee of €10 per month if you are not using your account over a period of time.

Admiral Markets Account

This is a market execution MT4 account that requires a minimum deposit of $200 and offers leverage of up to 1:500. Spreads start from 0.5 pips with no commission charged on forex trading.

Admiral Prime

This is another market execution MT4 account that requires a minimum deposit of $200 and offers leverage of up to 1:500. Spreads start from just 0 pips with a competitive $3 commission charged on forex trading.

Admiral Invest

This account has over 4,000+ stocks to trade with a minimum deposit requirement of just $1. Spreads start from just 0 pips with a very competitive commission charge. This account is for the MT5 platform with exchange execution.

Admiral MT5

As the name suggests, this is an MT5 trading account and is the most comprehensive, offering the most trading instruments. The minimum deposit requirement is $1, leverage up to 1:500 is available, there are no requotes, negative balance protection, market execution and a very competitive commission.

Demo Account

Demo accounts are available to test the different trading platforms and conditions before opening a real account. I think it is important to try out your strategies on demo to begin with. It is also a great way to see if the broker has suitable trading conditions.

Account Signup

The account opening process with Admirals is quick and easy. There is a short online form that takes just a few minutes to complete. You then need to verify your email address and upload a form of identification such as a passport or driver’s license and a recent utility bill to verify your address. Once the accounts team have verified your documents, you can deposit into your account and commence trading.

Support

Admiral Markets multilingual customer support team is available via live chat, telephone and email. They are on hand to answer all clients general and technical questions during office hours. In the time I have been with them, I have always found support to be very helpful.

Funding

Admiral Markets have a variety of different account deposit and withdrawal methods available including bank transfer, credit card and some online payment processors such as PayPal, Skrill and Neteller which can be instantaneous and a more convenient option for some of you. I know that I prefer digital wallets as they give me quicker access to my funds.

Currency Conversion

Some fees may be charged when using certain payment methods. Bank transfers may take a few business days to clear. Accounts can be opened in EUR, USD, GBP, CHF, AUD, BGN, CZK, HRK, HUF, NOK, PLN, RON, RUB, SEK, SGD. Deposits to trading accounts can be made in most national currencies, which are then converted into GBP, EUR, USD, CHF or other applicable currencies. If you deposit in a currency the same as your account, you can save on the conversion fee.

You can protect your capital from currency fluctuation by having multiple trading accounts in different currencies. This gives you the opportunity to transfer funds from one account to another through an internal transfer.

Conclusion

I am really impressed with Admirals in so many ways. They have an excellent range of trading products and services, up there with the very best in the industry. I think you will struggle to find a better broker that can cater to the needs of so many different traders.

You get access to thousands of financial instruments for trading in a regulated environment on industry leading platforms and apps. The trading conditions are ideal, with spreads from 0.0 pips, low commission fees and fast execution speeds at the best market prices.

I like how there are different account types and funding option to choose from. If you are a beginner than you certainly won’t be short of educational content. You can also open a free demo account to practice trading. For those of you who like to analyse the markets, you get access to some of the best trading tools available.

Admirals believe in putting client interests first and thus are committed to protecting and treating them fairly from the way they promote their services, the products they suggest, to the after sales and complaint handling. This is music to my ears and something I wish all brokers would do.

$1

Admirals is an award-winning and multi-regulated broker that offers a large selection of trading instruments with very competitive trading conditions on the advanced yet user-friendly MetaTrader platforms for desktop, web and mobile devices.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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