Admirals | Admiral Markets Review 2021 - Verified Customer Reviews

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Admirals | Admiral Markets Review

Updated August 06, 2021
4.5
Score breakdown
Pricing: 5
Regulation: 5
Popularity: 4
User Rating: 4 (1)

Admirals | Admiral Markets overall score rank: 4 out of 45

Admirals | Admiral Markets forex broker review

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
KEY TAKEAWAYS

  • Invest in stocks with as little as €1
  • Trade on over 8,000 instruments
  • Regulated in the EU, the UK and Australia
  • Excellent trading education materials

Regulations and Money Protection

5.0 


Entity Name Licence & Regulation Client Money Protection Deposit Compensation Scheme Negative Balance Protection
Admiral Markets Pty Ltd Australia ASIC Licence ✔️segregated client money ✔️
Admiral Markets UK Ltd UK FCA Licence ✔️
up to £85,000
✔️
Admiral Markets Cyprus Ltd Cyprus CySEC Licence ✔️
up to €20,000
✔️

Entity/Regulation

  • Australian Regulation: Admiral Markets Pty Ltd, (ACN 151 613 839), with registered address at Level 10,17 Castlereagh Street, Sydney, NSW 2000, Australia, is licensed by the Australian Securities & Investments Commission (ASIC). Admiral Markets Pty Ltd is registered to carry out financial services business in Australia, limited to the financial services covered by its AFSL licence, number 410681.

  • UK Regulation: Admiral Markets UK Ltd is a company registered in England and Wales with registration number 08171762. Principal and registered office at: 60 St. Martins Lane, Covent Garden, London, United Kingdom, WC2N 4JS. Admiral Markets UK Ltd is authorised and regulated by the FCA with licence number 595450.

  • European Regulation: Admiral Markets Cyprus Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission, with licence number 201/13. The company is also a member of the Investor Compensation Fund (ICF). Admiral Markets Cyprus Ltd is licenced to provide the investment services of reception and transmission of orders, execution of orders on behalf of clients and portfolio management, in the European financial markets, and respecting the MiFID obligations.

Client Money Protection

  • Admirals complies with the highest safety standards regarding client's funds. For this reason, Admirals client's funds are kept in top-tier international banks, fully segregated from the company’s funds.

  • Admirals also complies with the client money handling rules and employs strict policies and procedures regarding the maintenance and operation of these accounts. Admirals holds client's money separately to the company funds and does not use these funds for any operational expenses or purposes.

Deposit Compensation Scheme

  • Admiral Markets UK Ltd is a member of the Financial Services Compensation Scheme (FSCS), an independent compensation fund of last resort for customers of authorised UK financial services firms. If Admiral Markets UK Ltd is unable to pay claims against it in the event the firm has stopped trading, or has declared to be in default, clients might be entitled to compensation (up to the value of £85,000) per claim.

  • Admiral Markets Cyprus Ltd is a member of the Investor Compensation Fund (ICF), an investor compensation fund for CIF clients and its functions are regulated by the directive DI87-07 of the CySEC. If Admiral Markets Cyprus Ltd is unable to meet its obligations, clients might be entitled to compensation (up to the value of €20,000) per claim, irrespective of the number of accounts held, currency and place of offering of the investment service (within Europe).

Negative Balance Protection

For accounts opened via any of the Group's entities, there is a default Negative Balance Protection mechanism in place, for the sake of no negative balance. With NBP, Admirals customers are protected from any losses bigger than their original investments, in cases of extreme volatility.

Accounts, Instruments and Platforms

Accounts Instruments Platforms Social trading Maximum Leverage
✔️Trade.MT4
✔️Zero.MT4
✔️Trade.MT5
✔️Zero.MT5
✔️Invest.MT5
❌Islamic Accounts*
✔️Asset Management
✔️Forex
✔️Indices
✔️Stocks
✔️Futures
✔️ETFs
✔️Bonds
✔️Commodities
✔️Cryptos
✔️MT 4
✔️MT 5
❌cTrader
✔️Finexware
✔️CopyTrading 30:1 Europe

30:1 Australia

Account Types and Currencies

  • Admirals offers mainly two types of CFDs trading accounts; Trade and Zero, both available with the MT4 and MT5 trading platforms. The broker also serves the savvy stock traders with their Invest.MT5 account, specific for stock trading and available only with MT5 trading platform. *Admirals offers swap-free accounts for traders of Islamic belief, only with the Trade.MT5 account.

  • Admirals has a proprietary copy trading service, available via the Trader’s Room dashboard.

  • Admirals have an Asset Management account, designed specifically for money managers.

  • Admirals maximum leverage is 30:1 for accounts opened with the entities in Europe and Australia.

  • Currently, Admirals trading accounts are available in 10 currencies: EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN and RON.

Financial instruments

CFDs trading with Admirals can be done via the Metatrader 4 and Metatrader 5, available as web terminal, desktop terminal (PC and MAC) and mobile trading versions (Android and iOS). For asset managers, Admirals offers the cutting-edge platform Finexware, the most flexible platform for Multi-Account Management. The broker offers an excellent selection of more than 8,000 instruments to trade, including forex, indices, stocks, ETFs and commodities.

  • FX market - 50 currency pairs (including Minor and Exotic crosses).

  • Indices - 19 cash world indices including CAC 40, SP 500 and FTSE 100. Also within the indices range, 24 futures contracts of the most popular world indices.

  • Stocks - 3,305 shares from worldwide top companies, fintech and banks, such as Apple, Google, BNP, Facebook, Tesla, and BMW.

  • Commodities - 28 commodities CFDs available for trading; 6 metals (including Gold, Silver and Copper), 4 energies, including UK Oil, US Oil and Nat Gas, 7 soft, including Coffee, Cotton and Sugar and 11 futures contracts of the most popular commodities.

  • Cryptocurrencies - 32 CFDs crosses for trading, divided into 10 cryptocurrencies cross pairs, including BCHBTC, DSHBTC, ETHBTC and 22 cryptos versus fiat (USD and EUR), including Bitcoin, Ethereum, Dash, Ripple and Litecoin.

  • ETFs - 376 ETF CFDs, available through Invest.MT5, from worldwide funds, including iShares JP Morgan USD Emerging Markets Bond ETF CFD and Xtrackers DAX UCITS ETF CFD, for example.

  • Bonds - 2 bonds futures CFDs based off highly rated government issued debt securities, the 10-year Germany Eurobund and 10-year US Treasury Note.

Pricing

5.0 


Pricing/
Account
Trade.MT4 Zero.MT4 Trade.MT5 Zero.MT5 Invest.MT5
Spread EUR/USD from 0.8 pip from 0.1 pip from 0.8 pip from 0.1 pip N/A
Commissions (1 lot) from 6 USD from 6 USD from 0.02 USD per share
Minimum Deposit from 100 USD from 100 USD from 100 USD from 100 USD from 1 USD

Spreads

Admirals trading spreads are some of the most competitive in the market for the entry-level accounts, the Trade.MT4 and Trade.MT5. For both accounts the average spread for the EUR/USD is 0.8 pip (during major economic release and market opening times spreads can increase), all commission free.

To access the better trading conditions of the Zero accounts (Zero.MT4 and Zero.MT5), with lower spreads, Admirals will charge a broker commission. For the EUR/USD, with a typical low spread of 0.1 pip, the standard lot commission for 1 lot (100,000 units) is 6 USD commission (3 USD per side/per lot). We consider this commission to be quite in line with other offerings and when compared with other top brokers.

Rollover Rates

Admirals swap rates, as of 13-05-2021, for 1 lot EUR/USD (100,000 units) stands at an average rate of -6.88 for holding overnight a long 1 lot contract and at -0.63 for holding overnight a short 1 lot contract. We consider these swap rates to be slightly higher when compared with the rollover rates offered by other top brokers.

Deposits/Withdrawals and Other Fees

  • Deposit fees - Trading accounts can be opened in 10 different currencies and maintained via different funding methods, including cards, bank wires and e-payments, such as PayPal, Klarna and Skrill (depending on jurisdiction). Deposited funds are available almost instantly. Admirals does not charge any fees for deposits, except with Skrill (0,9%, min. 1 EUR / USD) and Neteller (0.9%, min. 1 EUR / GBP).

  • Withdrawals fees - Withdrawals carry fees (processing times vary from instant to 3 working days). Admirals does charges withdrawal fees after the second monthly withdrawal request. For more information, please visit the Admirals deposit and withdrawals dedicated page.

  • Inactivity fee - Admirals reserves the right to charge a dormant account fee to trading accounts deemed dormant. Trading accounts that have not executed any transactions in the previous 24 months, and are not used for holding open position, will be charged an inactivity fee of 10 EUR/month, only charged if the account balance is greater than zero.

Popularity

4.0 


Forex Education Deposit Options Deposit/Withdrawals Fees Non expiring demo account Customer
Support
Webinars & Seminars
Trading Courses
Articles & Tutorials
Trading Videos
E-Books
Trading Tools
Cards
Bank Wire
E-payments
✔️ ✔️ Multi language
24/5 Support
Live Chat
Phone Call

The popularity of this broker is constantly rising, thanks to an industry-leading offering of educational materials on their website. Almost every trader when searching the net for a trading strategy, or some market news, will come across a webpage from the vast library of content created by Admirals.

Thanks to a robust research and great trading tools, Admirals stands out when compared to its competitors, who offer none or little education materials. It's obvious that Admirals, by investing so much in becoming the source for market information, is a popular broker. But it doesn't stop there.

Admirals customers, after creating an Admiral Markets Trader’s Room account can have access to Premium Analytics, a portal with market news, technical analysis, economic calendar, global sentiment indicators aggregated from over a thousand sources of financial media. All content is provided by leading financial firms - Dow Jones, Trading Central and Acuity.

  • Trading accounts - The Admirals Zero trading accounts is a popular choice with traders looking to save on trading costs, with a lower spread and a competitive commission of $6.00 per lot traded.

  • Forex education - Admirals also gets extra popularity points for their extensive range of quality trading education materials, available through the Education tab. Admirals clients can enroll on webinars and trading courses to enhance their trading skills and overall market knowledge, watch and learn with video tutorials, read and make informed decisions with Admirals articles and trading tutorials. A special note for the Analytics tab, packed with 8 great resources, and essential for any serious trader, from Premium Analytics to Weekly Trading Podcast.

Funding Methods Bank Wire, Credit/Debit Card, iDeal, Neteller, PayPal, Przelewy24, Skrill (Moneybookers), Klarna
Support Languages Arabic, Bulgarian, Chinese, English, French, German, Italian, Polish, Portuguese, Russian, Spanish

  • Minimum deposit - Opening a trading account with Admirals is fast and can be done online, taking around 10 minutes to complete the required forms. The minimum deposit requirement (Trade and Zero accounts) is 100 units of your account currency.

  • Customer support - Admirals multi language customer support service is available 24 hours, 5 days a week, in 11 languages. Admirals support is available via phone call,  contact form, email and live chat directly from the broker's website.

Broker Profile

The Admiral Markets Group, founded in 2001, is regulated in two tier-1 jurisdictions (UK FCA and Cyprus CySEC), and one tier-2 jurisdiction (Australia's ASIC), making this broker a safe choice for retail investors looking for a partner for forex and CFDs trading.

Admiral Markets, now rebranded Admirals, are a leading online trading service providers, offering investment services for trading with forex and CFDs on indices, metals, energies, stocks, bonds and digital currencies. The popularity of this broker is constantly rising.

Established in 2001, the Admiral Markets Group has continually expanded its reach and today offers its services worldwide through its regulated trading companies, thus turning into a truly global organisation. The company believes that their presence in various geographical regions enables them to provide clients with intelligent service and support wherever they choose to trade. 

Overall, on our Admirals (Admiral Markets) review, the broker scores 4.5 out of 5 as it is a great choice for traders looking for a reputable broker with fund’s safety and strong regulations in place. On the downside, a couple of points to improve; extend the offering of trading platforms, (currently limited to MetaTrader), and revise the withdrawal/deposit fees, as several competitors have a zero fee withdrawal policy.

Data supplied in partnership with CashBackForex - Forex Rebates places Admirals (Admiral Markets) on the top 10 brokers for popularity with traders opening an account in 2021.


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Admirals | Admiral Markets user rating score rank: 10 out of 45

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Admirals | Admiral Markets Products

Forex
Cryptocurrencies
Indices
Metals
Commodities (coffee, sugar...)
ETFs
Shares/Equities
Oil/Energies