PROS:
✅ Lifetime of the broker
✅ Conditions for trading
✅ Multiple customer support
✅ Tier-1 licenses
CONS:
❌ Scarce funding methods
❌ No cTrader terminal
Admiral Markets investment firm operates under the Admiral Markets trademark and is one of the leading online trading service providers. It allows to trade Forex markets, CFDs stocks and indices, energies, metals, and cryptocurrencies.
Since the date of foundation (2001), Admiral Markets Group has been growing constantly and now is presented as a number of companies worldwide.
Admiral Markets is not presented on any stock exchange. It is licensed by a couple of Tier-1 regulators, being highly trustable. Two Tier-2 regulators with an average trust level provided Admiral markets with regulation also. The Top regulators are well-known FCA and CySEC while Tier-2 are Australian Securities & Investments Commission (ASIC) and European Financial Supervisory Authority (EFSA).
Feature | Condition |
---|---|
Foundation year | 2001 |
Publicly Traded on Exchange | ❌ |
Tier-1 Licenses | FCA, CySEC |
Tier-2 Licenses | ASIC, EFSA |
Admiral Markets offers a wide range of instruments like forex pairs, CFDs for indices, metals, energies, cryptocurrencies and more. Coverage is suitable for the traders that want to get a wide range of assets in one place giving in total 9,500+ items.
Feature | Condition |
---|---|
Major forex pairs | ✅ |
Minor forex pairs | ✅ |
Exotic forex pairs | ✅ |
Cryptocurrencies | ✅ |
CFD | |
Metals | ✅ |
Energies | ✅ |
Agricultural | ✅ |
Shares | |
UK shares | ✅ |
US shares | ✅ |
German shares | ✅ |
Japanese shares | ✅ |
Admiral Markets offers its customers the one and only MetaTrader terminals (MetaTrader 5 & MetaTrader 4). In addition, there is included a suite of 12 trading robots (also called expert advisors) and 20 custom built indicators.
Supreme package offered by Admiral markets includes news signals plotted directly on the trading chart. There are also other suitable tools, such as a countdown timer for bars, a spread widget and some others.
Like the majority of other brokers, Admiral Markets has Mobile MetaTrader 4 and MetaTrader 5 versions. They are common in terms of features in comparison to each other.
Web Terminal is available also for the traders that want to get access to trading without the requirement to install a Desktop or Mobile version of MetaTrader Terminal.
cTrader Terminal that is popular among the algorithmic traders is not available that is a negative point.
Feature | Condition |
---|---|
MetaTrader 4 | ✅ |
MetaTrader 5 | ✅ |
MetaTrader 4/5 iOS/Android | ✅ |
Web Terminal | ✅ |
cTrader | ❌ |
The broker offers ECN and STP execution type, so traders can have tight spreads with transparent price levels.
Among available live account types are Micro, Mini, ECN and Standard. A demo account is provided also where traders can test their strategies without the risk of losing money.
Like with most brokers, margin requirements depending on the account types or instruments either.
Feature | Condition |
---|---|
Demo account | ✅ |
Micro account | ✅ |
Mini account | ✅ |
Demo account | ✅ |
Standard account | ✅ |
ECN/STP account | ✅ |
According to its website, Admiral Markets has four account types that differ in terms of fees and available symbols to trade.
The broker’s minimum spread for EUR/USD pair equals 0.1 pips that is relatively low compared to the average EUR/USD spread of 0.70 pips among the other brokers.
On the website of the broker, there are available commission-free stocks and funds that are provided as CFDs.
At Admiral Markets the deposit and withdrawal options are quite limited. There are only bank wires, credit/debit cards, and Skrill & Neteller payment system (being lately a part of the same payment holding). Despite the presence of a huge list of global alternative payment providers, this point is in need of improvement.
Skrill/Netellter charge a fee equal to 0.9% while the other options are free of charge. Third-party fees might be applicable.
There are available two free withdrawals each month. Processing times for withdrawals vary and may take up to 3 business days. The overall payment process is common in comparison to other brokers, though more payment options are definitely required. Please visit our forex brokers reviews page to check which companies have other available payment methods.
Feature | Condition |
---|---|
Bank wire | ✅ |
Debit/Credit cards | ✅ |
Skrill | ✅ |
Neteller | ✅ |
Paypal | ❌ |
WebMoney | ❌ |
China UnionPay | ❌ |
Admiral Markets support offers more than 15 available languages including worldwide one like English or Spanish and even more exotic ones like Latviesu or Moldovian.
Admiral Markets Livechat
Website of this broker allows to get a fast 24/5 support via LiveChat and the average response time is around 3 minutes.
Some simple issues could be resolved this way though for specific problems the support team recommends to send requests using e-mail.
It is the main way to get support from the broker and the average reponse time is around 4-5 hours. Any issues related to finance and verification are resolved solely via that type of communication.
Another way to get quick support is a phone call. Fairly, it is rarely used though its existence is beneficial. The available languages are not widely spread and contain English, Spanish, Russian, and some more.
Feature | Condition |
---|---|
Live Chat | ✅ |
✅ | |
Phone | ✅ |