Let’s start today’s Admiral Markets review by stating that this brand operates in the field of investment financial services and has been here since 2001. Headquartered in the UK, the brand continuously expanded worldwide and today has multiple offices in countries like Cyprus, Estonia, and Australia.
The main aim of Admiral Market is to give access to functional software and have a good offering for traders, enabling the community to trade and enjoy transparent pricing and execution. The trading process is built for low latency and high trading frequency, aggregated by the system’s flow that comes from different banks and venues into a single liquidity pool. As a result, every Admiral Markets broker review online shows how good spreads the broker has, offering no restrictions on trading styles or strategies, with low slippage and rejection rates, all done at high speeds.
Admiral Markets Broker Review: Does It Live Up To The Hype?
The first thing worth noting in this section of our Admiral Markets review is the sharp regulation and overall image of the firm. The spreads offered are also among the lowest in the industry based on our research, and there are various platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), all offering great education, research, and continuous customer support.
There aren’t many negative points out there for Admiral markets, while the conditions and proposals vary based on the entity’s rules. Below is a summary of some of the main features of Admiral Markets online:
Headquarters
UK
Regulation
ASIC, FCA, CySEC, EFSA, IIROC, JSC
Instruments
Metals and currencies, CFDs trading on indices, energies, bonds, stocks, and CFDs on Cryptocurrencies
Platforms
MT4 and MT5
EUR/USD Spread
0.6 pips
Minimum deposit
100$
Base currencies
EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON
Demo Account
Offered
Education
Extensive educational and support materials
Customer Support
24/7
Is The Platform Legit And Safe?
Heavily regulated by multiple authorities, including the Financial Conduct Authority (FCA) of the UK, CySEC in Cyprus, and EFSA in Estonia, as well as ASIC in Australia, the Admiral Markets forex broker review, shows that this broker ticks all of the boxes and is a legitimate place to trade. The regulatory status and licenses show that the broker is regularly operating, is authorized, and is controlled by multiple jurisdictions at every step.
Therefore, you can be 100% confident reading this Admiral Market review knowing that the broker is overseen and that your money is safe and won’t be taken by anyone. Plus, your money are segregated from what the company owns and covered by the compensation fund of the FSCS (Financial Services Compensation Scheme) However, keep in mind that you are trading at your own risk.
There is desktop trading but also through the MT5 web platform, as well as a mobile platform for maximum convenience. The MetaTrader Supreme Edition offering is particularly interesting for desktop traders.
Account Types, Leverage Options & Instruments
The next part of this Admiral Markets review shows that there are flexible accounts offered by the broker, allowing for the matching of particular trading needs between two types of platforms. Beginners and experienced traders can both access basic and advanced accounts. There is the MT4 platform, as well as Zero.MT4 accounts, either with all costs in the spread or interbank quotes and commission for the broker. In MT5 accounts like Trade.MT5 and Zero.MT5 there is a similar structure plus a separate account type for investors (stocks and ETFs are favorable).
On the topic of leverages, Admiral Markets offers marginal trading, which means you can trade through a multiplied amount of your initial deposit, operating larger positions. There are lower levels of leverage for retail traders lately, mostly due to some updates in EU regulatory requirements. In the Australian markets, higher leverages of 1:500 for Forex are still allowed.
Finally, the instruments include metals and currencies, CFDs, trading on indices, energies, bonds, stocks, cryptocurrencies and CFDs. On the crypto side, coins like Bitcoin, Litecoin, and Ethereum, as well as Monero, Zcash and Dash are supported. Overall, the Admiral Markets reviews show that this broker is legitimate.
Fees, Deposits & Withdrawals
The fee structure is next in this Admiral Markets review. It’s important to note that there is no deposit fee, no withdrawal fee, but there are inactivity fees. Overall, the fee ranking is low, and the same goes for spreads, where you can trade with 0.6 pips on EURUSD, 3 pips on crude oil WTI, and 17 cents on gold spreads, with $0 on BTC/USD.
There are plenty of deposit methods, including major bank transfers, VISA and MasterCard payments. While there are no deposit fees, e-wallet payments from Skrill and Neteller will add a 0.9% fee for the deposit transaction or 1% for withdrawals.
When withdrawing, it’s good to note that there are two bank wire withdrawals allowed per month which are free of charge, while further withdrawals will incur fees. The options are bank wire, and card payments, as well as e-wallets. Overall, the minimum deposit is $100 as a starting capital.
Why Should You Choose It
Finally, it is easy to see why traders choose Admiral Markets. It has an excellent investor education program along with plenty of advanced MetaTrader features. The Supreme add-ons, alongside the regulation from many authorities and an extensive range of shares, forex, and CFD markets, all put it among the leaders in the forex broker trading world.
On top of that, this trader has a great reputation among investors and is considered a low-risk option with great Admiral Market reviews across the board. We hope that this Admiral Markes forex broker review helped you realize why this broker is among the best out there.
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The Review
Admiral Markets
4.5Score
The main aim of Admiral Market is to give access to functional software and have a good offering for traders, enabling the community to trade and enjoy transparent pricing and execution. The trading process is built for low latency and high trading frequency, aggregated by the system’s flow that comes from different banks and venues into a single liquidity pool.
PROS
Learning materials that are easily understandable for the novice traders
No fees on deposits and withdrawals
Regulated by 5 different authorities
Great web and mobile trading interfaces
CONS
No 24/7 customer support
Inactivity fees
Some traders report positions closed out of nowhere
Review Breakdown
DC Forecasts Summary
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
The main aim of Admiral Market is to give access to functional software and have a good offering for traders, enabling the community to trade and enjoy transparent pricing and execution. The trading process is built for low latency and high trading frequency, aggregated by the system’s flow that comes from different banks and venues into a single liquidity pool.
PROS
Learning materials that are easily understandable for the novice traders
No fees on deposits and withdrawals
Regulated by 5 different authorities
Great web and mobile trading interfaces
CONS
No 24/7 customer support
Inactivity fees
Some traders report positions closed out of nowhere
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