Admiral Markets is a forex and CFDs broker that was established in 2001 and has since become a global powerhouse with offices and licences around the globe. The broker is authorized by FCA in the UK through their company Admiral Market UK Ltd. They also have Australian ASIC licence with Admiral Markets Pty Ltd, CYSEC license through Admiralex Ltd. Basically most of the world’s most important markets are covered. This does not only speak of the broker’s size but also on the level of service since, other than assurance of localized regulation, the sheer fact that not every license requires the same conditions speaks of the great effort that was required to provide same level of service across the world.
Account Features
With Admiral Markets, as with most other forex and CFDs brokers, traders can always test the experience before they start trading. For beginners, the demo account will be welcome to see what the trading is about without actually risking any money. For experienced traders, critical areas, such as requotes or slippage are important to test. Demo account by Admiral Markets is the best way to do this since it includes
- $10000 demo money
- choice of platforms
- quick start guide
Other types of Admiral Markets accounts will require trading for real money, however, the demo offers a really cool feature – taking part in the ForexBall – a trading competition where traders stand to earn huge money awards without trading with their own money. The idea is to win contest rounds using your own trading knowledge.
Admiral.Markets Account
- min $200 deposit
- up to 1:500 leverage
- spread from 0.8 pips
- no commission in Forex
- stop out at 30%
- MT4 trading platform
- Expert Advisors supported
- MetaTrader Supreme Edition Supported
Admiral.Prime
- $200 deposit
- STP execution
- Up to 1:500 leverage
- From 0 pips spread
- $3 commission
- 50% stop out
- MT4 trading platform
- Expert Advisors supported
- MetaTrader Supreme Edition Supported
Admiral.MT5
- $200 deposit
- STP execution
- up to 1:500 leverage
- spread from 0.8 pips
- 30% stop out
- MT5 platform
- EAs supported
- Market depth- level 2 pricing
For extremely advanced traders Admiral Markets is ready to offer personalized types of accounts with enhanced trading terms, In case you are one of big traders who is looking to deposit £15,000 or more, contact admiral Markets for your personalized offer.
One novelty we haven’t seen so far is the Admiral Club. This is a loyalty scheme which enables customers to accumulate points by trading and exchange them for withdrawable funds. There are several rules to the club – so make sure to get familiar with terms and conditions before starting to trade like crazy to earn those points.
Trading Software & Assets
Admiral Markets us reliant on MetaTrader 4 and Metatrader 5 in all their versions – from web trader, over client software to mobile aplications. This means that traders will be greeted by a familiar interface. What is important to notice when it comes to trading with Admiral Markets is the many types of assets they offer to the clients.
Admiral.Markets and Admiral.MT5 accounts include:
- 31 currency pair
- 5 crypto currency pairs
- 4 metals
- 3 energy futures
- 16 cash indices
- 64 stocks
- 2 bonds
Admiral.Prime offers:
- Currencies – 44
- Spot Metal CFDs – 3
Support Information
Admiral Markets offers customer support via the phone but also technical support by using remote support software and screen sharing for better and faster results. This is valid for MT4 and MT Supreme platforms.
Banking & Company Information
Admiral Markets Deposit
Minimum deposit with Admiral Markets depends on the payment method, same with the currencies. Traders have following methods and respective deposit minimums at their disposal:
- Bank wire – no minimum
- Klarna – 50EUR, 2000 CZK, 20000HUF
- Visa – 50 EUR/GBP/CHF/USD
- Mastercard – 50 EUR/GBP/CHF/USD
- Skrill – 50EUR/GBP/CHF/PLN
- Neteller – 50EUR/GBP/CHF
- TrustPay – 10 EUR/400CZK
- Bank link Estonia – 10EUR
- Bank link Lithuania, Latvia – 10EUR
Some of payment methods also charge fees
- Visa and Mastercard 0.9%
- Skrill 0.9%
- Neteller 0.9%
– or minimum 1 EUR/USD/GBP/PLN/CHF
Admiral Markets Withdrawal
Withdrawals can be done via Bank Transfer, Skrill and Neteller and also incur fees. Admiral Markets accounts include 2 free bank wire withdrawals every month. That should be enough for most traders.