Admiral Markets Review
Admiral Markets are a leading online trading service provider, offering access to trade all markets across one trading platform including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs.
The Admiral Markets 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. They are regulated in multiple countries, offering negative balance protection, compensation cover and MiFID compliance.
Admiral Markets 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.
Admiral Markets are dedicated to providing clients 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.
Admiral Markets believe in putting clients interests first and thus are committed to protecting clients and treating them fairly from the way they promote their services, the products they suggest, to the after sales and complaint handling.
They have won multiple awards including Best CFD Broker 2016, 2018, 2019 (DKI Customer’s Choice 2019), Best Forex Broker 2015, 2016, 2017, 2018 (OnlineBroker-Portal.de) and Best Forex Platform 2019 (ADVFN International Financial Awards).
Pros / Cons
- Strict regulation
- Segregated client funds
- Negative balance protection
- Commission free accounts
- MetaTrader Supreme Edition
- Advanced trading tools
- No US clients
- Restricted leverage for EU clients
- No fixed spread accounts
Admiral Markets Regulation
Admiral Markets are authorised and regulated by reputable government agencies in multiple jurisdictions. When using their services, traders are protected by strong security and customer care policies. Admiral Markets financial reports can be viewed on a dedicated section of the group’s website.
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. Admiral Markets Cyprus Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), Admiral Markets AS is licensed and authorised by the Estonian Financial Supervision Authority (EFSA). Admiral Markets Pty Ltd in Australia is licenced by the Australian Securities and Investments Commission (ASIC) to provide financial services.
The Admiral Markets 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 Admiral Markets must therefore operate with the upmost transparency and good conduct, giving further protection to clients.
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.
Admiral Markets Countries
The Admiral Markets group accepts clients from all over the world, excluding USA, Australia, Canada, Japan, Malaysia, Singapore and some third-world countries where restrictions apply.
Admiral Markets Trading Platforms
Admiral Markets offer a good selection of the popular and reliable MetaTrader trading platforms. MetaTrader is developed by the MetaQuotes Software Corp who are a global leader in trading software. MetaTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The mobile platforms are useful for those who wish to access their account and trade on the go from multiple different locations.
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, with a user-friendly interface and the flexibility to be customised according to your preferences.
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.
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.
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. Admiral Markets offer both MT4 & MT5 version of the WebTrader 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.
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 help identify potential trade opportunities.
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.
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.
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.
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.
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.
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.
The exclusive trading simulator gives you the ability to back test your manual trading strategies on historical price data and analyse the results.
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.
Admiral Markets Trading Tools
Admiral Markets have an abundance of trading tools that can be used to find trading opportunities on any asset of your choice.
The premium analytics portal is powered by Dow Jones, Trading Central and Acuity. The portal is free to use for Admiral Markets clients and includes live news, economic calendars, global sentiment widget and technical analysis. The analytics are sourced from thousands of financial media outlets.
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.
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.
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.
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.
Technical & Fundamental Analysis
On the Admiral Markets website, you can find frequently updated articles with detailed technical and fundamental analysis of the markets.
The Admiral Markets 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.
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.
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. This helps to find potential trading opportunities based on market movements.
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.
Admiral Markets Education
Admiral Markets prioritise enabling clients to be able to make more informed decisions when trading. Thus, they have a collection of educational programmes 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.
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.
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 Admiral Markets 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.
Admiral Markets have a frequently asked questions section where you can get answers to common questions related to their services and trading in general.
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.
Admiral Markets Trading Instruments
Admiral Markets provide access to trade global markets with a wide range of trading instruments including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs.
Admiral Markets have over 40+ minor, major and exotic currency pairs available to trade 24/5 with tight spreads and flexible leverage of up to 1:500.
Cryptocurrency 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, Litecoin and Ethereum.
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 $200.
You can trade 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 CFDs, no ownership of stocks is required.
CFDs can be traded on government treasury bonds with leverage of up to 1:200, no commissions and a minimum deposit of just $200. You can go long or short and there are no extra charges on short sales.
You can trade 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.
Admiral Markets Trading Accounts & Fees
Admiral Markets 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 to choose from. Some accounts have more trading instruments than others whilst minimum deposits, leverage and commission may vary. Demo accounts are available to test the different trading platforms and conditions before opening a real account.
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.
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.
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.
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 $200, leverage up to 1:500 is available, there are no requotes, negative balance protection, market execution and a very competitive commission.
Admiral Markets Customer Service
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.
Admiral Markets Deposit & Withdrawal
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 Skrill and Neteller which can be instantaneous and a more convenient option for some clients.
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.
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. There is an account inactivity fee of €10 per month.
Admiral Markets Account Opening
The account opening process with Admiral Markets 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.
Admiral Markets Conclusion
Admiral Markets is an award-winning and regulated broker that offers a large selection of trading instruments on advanced trading platforms with flexible accounts, tight spreads, fast execution and multiple account funding options.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.