Admiral Markets Overview
Admiral Markets is a global online trading provider offering trading services in 2,500+ financial instruments, including forex, indices, commodities, ETFs, stocks, and cryptocurrencies. The company was founded in 2001 and is headquartered in Seychelles, with offices in various countries around the world.
Admiral Markets is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). The company offers a range of trading platforms, account types, and educational resources to its clients.
Admiral Markets is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Admiral Markets acts as an intermediary and takes the opposite position to its clients.
Regulatory Status
Admiral Markets is regulated by several respected financial authorities globally.
In Australia, it is regulated by Australia Securities & Investment Commission (ASIC) under the Market Making (MM) model.
In the United Kingdom and Cyprus, the firm is overseen by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC) respectively, both also under the Market Making model.
Additionally, it holds a Retail Forex License in Seychelles, further extending its regulatory framework to offshore jurisdictions.
Pros and Cons of Admiral Markets
Advantages:
- Wide range of trading instruments and account types to choose from
- Flexible maximum leverage options (1:3-1:1000)
- Multiple payment methods available without deposit fees
- Comprehensive educational resources for traders of all levels
- Customized customer service for different regions and languages
- Access to various trading platforms including MT4/5, Trading App, Admirals Platform, and StereoTrader
- A variety of trading tools and features such as negative balance protection and free VPS
Disadvantages:
- Belgium clients are not accepted
- Only one free withdrawal request every month, 5 EUR/USD thereafter
- Inactivity fee of 10 EUR per month charged if the account balance is greater than zero
Market Instruments
Admiral Markets offers a diverse range of trading products, encompassing over 2,500 instruments across various asset classes to cater to different investment preferences.
Trading Accounts/Fees
Admiral Markets offers five account types: Trade.MT4, Zero.MT4, Trade.MT5, Zero.MT5, and Invest.MT5.
The Invest.MT5 account has the lowest minimum deposit requirement, starting at just $1 USD/EUR, and offers the widest range of trading instruments including over 4500 stocks and more than 400 ETFs; however, it does not support leverage trading.
Only the Trade.MT5 account offers the option for an Islamic account.
For more detailed differences among the account types offered by Admiral Markets, please refer to the table below:
Leverage
Admiral Markets offers a range of leverage options from 1:10 to 1:1000, allowing traders to select the level that aligns with their strategy and risk tolerance. While higher leverage can amplify profits from smaller investments, it also increases the potential for significant losses.
Trading Platforms
Admiral Markets offers a comprehensive suite of trading platforms to cater to various trading needs:
- MetaTrader 4 (MT4): Known for its reliability and powerful analytical tools, MT4 is available for Windows and offers advanced trading capabilities in a secure environment. It supports Forex and CFD trading.
- MetaTrader 5 (MT5): Available for Windows, Android, iOS, and Mac, MT5 is a multi-asset platform favored globally for trading Forex, CFDs, exchange-traded instruments, and futures. It features advanced charting tools, automated trading options, and mobile apps that allow trading on the go.
- Admirals Mobile App: Developed in-house, this mobile app provides a user-friendly interface for trading CFDs on various instruments. Available for mobile devices, it ensures trading accessibility anytime, anywhere.
- StereoTrader: An advanced MetaTrader panel that enhances trading with strategic order types, stealth modes, and intelligent automation. It's designed for traders looking for precision and flexibility in their strategies.
Deposit and Withdrawal
Admiral Markets accepts deposits and withdrawals via Visa, MasterCard, Skrill, Neteller, Crypto payments, and Bank Wire.
All deposits are free of charge, while only one free withdrawal request every month, and 5 EUR/USD thereafter.
Fees
In addition to commissions and withdrawal fees that we have mentioned before, some other fees may be charged, as follows:
Internal transfer
Additional fees
Educational Resources
Admiral Markets offers a robust suite of educational resources suitable for traders of all experience levels. These resources encompass an economic calendar to monitor significant market events, comprehensive market reports, and real-time charts that provide up-to-date market conditions.
Additionally, traders can benefit from a variety of learning formats including video tutorials for practical guidance on trading platforms, interactive webinars and seminars for insights from market experts, as well as eBooks that delve into trading strategies and concepts.
A glossary is also available to help traders familiarize themselves with trading terminology, enhancing their understanding of the financial markets.
Conclusion
Admiral Markets is a well-established online trading broker with over 20 years of industry experience, offering a diverse range of financial instruments, platforms, and account types to traders globally. The broker provides robust tools and educational resources to support informed trading decisions, along with flexible leverage and multiple payment options.
While Admiral Markets stands out for its tailored services across different regions, various fees can't be overlooked.
FAQs
What regulatory bodies oversee Admiral Markets?
Admiral Markets is regulated by ASIC, FCA, CYSEC, and holds an offshore Retail Forex License from the FSA in Seychelles.
What can I trade on Admiral Markets?
The platform offers 2,500+ tradable instruments, including forex, indices, commodities, stocks, bonds, cryptocurrencies, and ETFs.
Which trading platforms does Admiral Markets support?
Admiral Markets supports MT4/5, Trading App, Admirals Platform, and StereoTrader.
Does Admiral Markets provide educational resources?
Yes, it offers webinars, seminars, eBooks, and market analysis.
What account types does Admiral Markets offer?
Available accounts include Trade.MT4, Zero.MT4, Trade.MT5, Zero.MT5, and Invest.MT5.
Are there fees or commissions at Admiral Markets?
Yes. Both withdrawal fee and inactivity fee are charged, as well as some other fees. You can find detailed info above.
How can I manage funds in my Admiral Markets account?
Funds can be deposited or withdrawn via Visa, MasterCard, Skrill, Neteller, Crypto payments, and Bank Wire.
2023-02-14 10:11
2025-01-04 15:38