Admiral Markets is a reputable online trading platform specialized in Forex and CFD trading. Established in 2001, the company is headquartered in Tallinn, Estonia, and is regulated by multiple governing bodies, including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).
The platform offers an expansive selection of trading instruments such as Forex, Commodities, Stocks, Indices, ETFs, and Cryptocurrencies. Admiral Markets provides traders with access to these financial markets through MetaTrader 4 and MetaTrader 5 platforms, both of which are available on desktop and mobile.
With a strong focus on customer satisfaction, Admiral Markets offers 24/5 customer support along with a variety of educational resources for traders at different experience levels.
Admiral Markets places high importance on regulatory compliance and takes meticulous measures to safeguard client funds, adhering to stringent regulatory guidelines.
Admiral Markets Broker Review
Overview
- Website: Admiral Markets
- Founded: 2001
- Headquarters: Tallinn, Estonia
- Regulations: FCA, ASIC, CySEC
- Minimum Deposit: $200
- Trading Platforms: MetaTrader 4, MetaTrader 5
Overall Rating: 4.3/5
Pros and Cons
Pros
- Multiple trading platforms
- Broad asset coverage
- Robust educational resources
Cons
- Minimum deposit may be higher for some account types
- Charges may apply for certain withdrawal methods
Usability
The platform features a user-friendly interface, facilitating easy navigation for both new and seasoned traders.
Features
Advanced charting tools, a range of technical indicators, and a live news feed are some of the features provided by Admiral Markets.
Mobile App
The MetaTrader 4 and MetaTrader 5 mobile apps allow trading flexibility for those on the move.
Account Types
- Retail Account
- Minimum Deposit: $200
- Leverage: Up to 30:1
- Spreads: From 0.8 pips
Asset Coverage
- Forex: Over 40 currency pairs
- Indices: Major global indices
- Commodities: Gold, Oil, Silver
- Stocks: Wide range of global stocks
Customer Service
Available 24/5 via live chat, email, and phone. Support is multi-lingual.
Deposit and Withdrawal
Methods
- Bank Transfer, Credit Card, e-Wallets like Skrill and Neteller
Fees
- No fees for deposit; some withdrawal methods may have charges
Regulation and Security
Admiral Markets operates under strict regulatory oversight and employs advanced security measures to protect client data and funds.
Conclusion
Admiral Markets offers a comprehensive and user-friendly trading experience, backed by a wide range of assets and solid customer support. While the broker may have room for improvement in terms of fees, its strong regulatory framework and educational resources make it a compelling option for traders of all levels.
Disclaimer: Trading involves risks and is not suitable for everyone. You should only trade with money that you can afford to lose. This review is for informational purposes only and should not be considered financial advice.