Admirals Review

Admirals

Admirals is a well-established broker since 2001. Admirals has headquarters in Argentina, Australia, Bulgaria, China, Croatia, Czech Republic, Germany, Hungary, India, Indonesia, Italy, Jordan, Latvia, Lithuania, Poland, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain and United Kingdom. They are generally well-suited for Admirals to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by ASIC 28381, CySEC 201/13, FCA (UK) 595450, FSA (Estonia) 10932555, FSA (Seychelles) 8426894-1 and Jordan Securities Commission 57026.

As per CySEC and EU regulations, traders' money is protected by the Investor Compensation Fund (CIF), per EU Directive 2014/49/EU, which protects deposits up to €20,000.

Since the UK subsidiary is a sister company of the Estonian registered firm, client funds are handled according to Client Assets Sourcebook (CASS) rules, while the Financial Services Compensation Scheme (FSCS) protects deposits up to a maximum of £85,000.

They also have stringent internal financial controls to ensure clients’ money with full compliance will all regulators, segregated client funds, and negative balance protection. Admirals AS even publishes financial reports on its website.


Company Information

Website
admiralmarkets.com

Established
2001

Country
Argentina, Australia, Bulgaria, China, Croatia, Czech Republic, Germany, Hungary, India, Indonesia, Italy, Jordan, Latvia, Lithuania, Poland, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain and United Kingdom

Regulation
ASIC 28381
CySEC, 201/13
FCA (UK), 595450
FSA (Estonia), 10932555
FSA (Seychelles), 8426894-1
Jordan Securities Commission, 57026

Features

Bonus offers

Trading contests

Free education

Trading by telephone

PAMM accounts

MAM accounts

Segregated accounts

Affiliate program

Islamic accounts available

Account Information

Apart from the forex demo account , this broker offers Admiral.Markets, Admiral.Prime, Admiral.MT5, Admiral.Markets (ASIC), Admiral.MT5 (ASIC) and Zero.MT5. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Admirals is up to 1:500. Meanwhile, you can open an account with a starting capital of $100

There are six account types to choose from: 

  • Admiral.Markets: The minimum deposit required is $200 and a minimum trade size of 0.01 lots. Spreads are variable at Admiral.Markets. This account permits hedging, one-click trading, automated trading, expert advisors, and offers mobile trading, trailing stop, as well as pending orders.
  • Admiral.Prime: Admiral.Prime traders have to deposit a minimum of $1000 with trading volume from 0.1 lots. The account offers relatively high-cost trading and variable spreads. Traders may benefit from this account which provides access to a variety of useful tools, including automated trading, expert advisors, mobile trading, one-click trading, pending orders, trailing stops, also facilitates popular strategies like hedging.
  • Admiral.MT5: The minimum deposit is $1000 with a 0.1 minimum lot size. The account takes its cut from variable spreads. Admiral.MT5 features include: expert advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading also allows traders to use hedging strategies.
  • Admiral.Markets (ASIC): Admiral.Markets ASIC accounts, with a minimum deposit of $200 take advantage of a trading volume from 0.01 lots. It also offers fixed spreads and a truly mobile trading, automated trading, and scalping experience. Key features offered include expert advisors, trailing stop, and pending orders.
  • Admiral.MT5 (ASIC): There is a minimum deposit of $200. A fixed spread is also available, alongside trailing stop, pending orders, one-click trading, mobile trading, and automated trading. The minimum lot size in the accounts is 0.01. Admiral.MT5 ASIC permits scalping and expert advisors.
  • Zero.MT5: Trading volume starts from 0.01 lots in the Zero.MT5 account and a minimum deposit of $100 are required. Spreads are fixed in this account as well as offering hedging capabilities, advanced pending order functionality, trailing stop, one-click trading, mobile trading, and automated trading.

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:


pin

Minimum Deposit

$100

pin

Maximum Leverage

1:500

pin

Spread

Variable and Fixed

pin

Commission

$3


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Fees

Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.

Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.

Instruments Traded

Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Admirals have added more than 7,500 instruments from 6 assets:

  • 49 currency pairs
  • 27 commodity CFDs
  • 32 cryptocurrency pairs
  • 3,398 equity CFDs
  • 43 indices
  • 396 ETFs

As for Admiral.Markets account, Admirals specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $1000

Minimum Position 0.1 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Fees

Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.

Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.

Instruments Traded

Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Admirals have added more than 7,500 instruments from 6 assets:

  • 49 currency pairs
  • 27 commodity CFDs
  • 32 cryptocurrency pairs
  • 3,398 equity CFDs
  • 43 indices
  • 396 ETFs

As for Admiral.Prime account, Admirals specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $1000

Minimum Position 0.1 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Fees

Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.

Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.

Instruments Traded

Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Admirals have added more than 7,500 instruments from 6 assets:

  • 49 currency pairs
  • 27 commodity CFDs
  • 32 cryptocurrency pairs
  • 3,398 equity CFDs
  • 43 indices
  • 396 ETFs

As for Admiral.MT5 account, Admirals specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Agriculture

Agriculture
1:20

Metals

Metals
1:20

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Fees

Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.

Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.

Instruments Traded

Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Admirals have added more than 7,500 instruments from 6 assets:

  • 49 currency pairs
  • 27 commodity CFDs
  • 32 cryptocurrency pairs
  • 3,398 equity CFDs
  • 43 indices
  • 396 ETFs

As for Admiral.Markets (ASIC) account, Admirals specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Fees

Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.

Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.

Instruments Traded

Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Admirals have added more than 7,500 instruments from 6 assets:

  • 49 currency pairs
  • 27 commodity CFDs
  • 32 cryptocurrency pairs
  • 3,398 equity CFDs
  • 43 indices
  • 396 ETFs

As for Admiral.MT5 (ASIC) account, Admirals specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Cryptocurrencies

Cryptocurrencies
1:2


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Fees

Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.

Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.

Instruments Traded

Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Admirals have added more than 7,500 instruments from 6 assets:

  • 49 currency pairs
  • 27 commodity CFDs
  • 32 cryptocurrency pairs
  • 3,398 equity CFDs
  • 43 indices
  • 396 ETFs

As for Zero.MT5 account, Admirals specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Payment Methods

Deposit and withdrawal are available via bank wires, credit/debit cards, and Skrill. Fees apply for Skrill with a minimum fee of $1/€1 while the other options are free of charge. However, third-party charges are generally applicable. Payments are processed within minutes to three business days. Wire transfers can take up to 5 days.

Admirals' variety of funding methods can be found below:

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Admirals also provides payment with AstroPay, Credit/debit cards, iDEAL and SOFORT




Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, Admirals offers you MetaTrader 4 and MetaTrader 5.

  • MetaTrader 4: The downloadable MT4 platform is widely used amongst traders. Though it provides fewer assets, MT4 still suitable for clients who rely on automated trading.

metatrader 4

  • MetaTrader 5: As the revised version of MT4, MT5 offering a full range of assets than the previous version.

metatrader 5

Admirals now provides all clients with an excellent free upgrade, the MetaTrader Supreme Edition. It transforms the sub-standard MT4/MT5 basic versions with advanced features that include, for example, widgets under the Global Opinion add-on, or analytics provided by Trading Central. It ensures traders manage their portfolios with a competitive edge.

 

Unique Features

The most notable features on offer are the Volatility Protection, cash-back program, and MetaTrader Supreme Edition:

  • Admirals offers a set of tools labeled Volatility Protection. The tools come with predefined maximum slippage, cancellation of pending orders on price gaps, market execution and partial execution of limit orders, and activation of stop orders using reverse quotes. They enhance a traders' ability to manage portfolios during high-volatility events.
  • Other than Volatility Protection, Admirals also offers an additional cash-back program for professional account holders. Professional clients qualify for an automatic cash-back program based on trading volumes. The basic rate is $1 for $1,000,000 in trading volume, which equals ten standard lots.
  • As an upgrade to the basic MT4 and MT5 platform, Admirals use MetaTrader Supreme Edition to help investors make better trading decisions, offering Trading Central plugin, the Indicator Package, Connect tool, and Global Opinion add-on, all provide a tremendous value to manual traders. The MetaTrader Supreme Edition, available for free to all accounts (including demo versions).

 

Research and Education

  • Research capabilities are accessible via Trading Central which is embedded in the MetaTrader Supreme Edition.
  • Admirals has established itself as a leading brokerage with some of the features including Premium Analytics which is powered by Dow Jones, Trading Central, and Acuity. The service is free but requires traders to sign-up.
  • Admirals supports Trader’s Blog, a blog-based page that covers fundamental topics in a well-presented format.
  • Other research tools include a Heat Map, Market Sentiment indicators covering in-house positions, the Cryptocurrency Bubble-O-Meter, and an economic calendar.
  • There is also an education center with a handful of trading courses named Forex 101 for new traders to enhance their understanding and knowledge base. The initial three lessons are available to all traders but a free demo account is required to unlock the remaining six lessons. Thirteen articles and tutorials, which encompass a wide range of quality, topic-specific content, are also available.
  • Complementing the course are free webinars, which are hosted weekly. A seminar section is available but without scheduled events.
  • The broker also provides A Trader’s Glossary, a brief explanation of terminology.

 

Bonuses and Promotions

Aside from the cash rebate program for professional clients, Admirals does not offer any bonus deals or promotions.

Customer Support

Do you have any question or find any trouble related to Admirals? If you do, you should reach Admirals's support to get the information that you need. Here is the detail of the broker's customer support:

This broker has a reliable live chat function and easily accessible via e-mail, a webform or phone. Remote assistance for technical issues is also available as well as an extensive FAQ section to answer most questions. Support hours are not noted on the website, but the standard 24/5 support hours are assumed to be in place.

Website Languages

Arabic
Bulgarian
Croatian
Czech
English
Estonian
German
Hungarian
Italian
Latvian/Lettish
Malay
Polish
Portuguese
Romanian
Russian
Serbian
Slovenian
Spanish
Swedish
Turkish
Vietnam

Office
Support

Email
Support

Call
Support

Chat
Support




FAQ About Admirals


Is Admirals a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Admirals is a good broker for you or not by reviewing the criteria. In general, Admirals provides trading service in Forex , CFD , Cryptocurrencies , Agriculture , Metals and ETF . As for the payment methods, you can choose between AstroPay, Bitcoin, Credit/debit cards, iDEAL, Neteller, PayPal, Skrill, SOFORT and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Office, Phone and Web form.


What is the minimum deposit for Admirals?

The starting capital in Admirals is $100.


Is Admirals regulated?

Admirals is regulated by ASIC 28381, CySEC 201/13, FCA (UK) 595450, FSA (Estonia) 10932555, FSA (Seychelles) 8426894-1 and Jordan Securities Commission 57026. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is Admirals legit?

Admirals is a brokerage company offering trading services for clients since 2001 with offices in Argentina, Australia, Bulgaria, China, Croatia, Czech Republic, Germany, Hungary, India, Indonesia, Italy, Jordan, Latvia, Lithuania, Poland, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain and United Kingdom.


Give Your Review and Rate This Broker


These aspects are optional but will determine your review's reliablity


20 Reviews

Timothy
This review is not supported by evidence

Sep 9 2020

If have traded myself and it was alright. Spread and commissions is however good. Overall I give average.

Mackenzie
This review is not supported by evidence

Sep 9 2020

I am trading forex since 2 years and worked with 2 companies earlier but i was not satisfied with the execution of trades,depositing and withdrawal with them. Since i joined Admiral Markets the quality of trade execution was great and customer support always helpful.

Carlos Tessaro
This review is not supported by evidence

Sep 9 2020

Nice experience with them, though there is always place for improvements especially in bringing new platforms to clients.

Lydia MacGill
This review is not supported by evidence

Sep 9 2020

Everyone has their flaws. but for me admiral markets is great. Order execution is high, slippage is rare.

Diego Michiels
This review is not supported by evidence

Sep 25 2020

It’s trusted broker of course and regulation with FCA and good people, just sometimes not very often on MetaTrader you can see it’s will stop for few minutes but overall good company. You can trust and put your money on this broker.

Maria
This review is not supported by evidence

Sep 9 2020

I still learning your MT5 but the drawing tools are not very easy to use.

Evan Weston
This review is not supported by evidence

Sep 9 2020

They can put spreads in ECN account for more than 200 pips. This is horrible.

Cthln001
This review is not supported by evidence

Sep 9 2020

Support team is excellent so I'm very pleased with their work. They are reliable and no problems on withdrawal.

Bob
This review is not supported by evidence

Sep 9 2020

Still I think that to get 5 stars Admiral needs its own platform. But they are great broker so far.

Devorah
This review is not supported by evidence

Sep 9 2020

I would recommend them for sure because they are good broker so far. But they should work on some issues like: lask of stock fundamentals, fees, and withdrawal process using credit cards.

Josephine Maddox
This review is not supported by evidence

Sep 9 2020

I have tried so many brokers but admiral market is one of the best mt4 broker. They provides free Education and meterial which is very helpful for a trader like me and they have one of the best forex analysis I would recommend admiral market as a best broker no slippage and requoets.

Isaiah Manoj
This review is not supported by evidence

Sep 25 2020

Low execution times, fast withdrawal and good customer support.

Jms57
This review is not supported by evidence

Sep 9 2020

Unfortunately my scalping robot didn't work too good on this broker. Perhaps they need to lower their spreads to be competitive.

Barbara
This review is not supported by evidence

Sep 9 2020

I think they manipulate prices because since they promised to come back to me, they never did till now. So I do what I can, I closed my account. Bye.

Thomas
This review is not supported by evidence

Sep 9 2020

Scalping is a big no from this broker. So disappointing. Also their wide spreads is problem too.

Dunhamm
This review is not supported by evidence

Sep 9 2020

I thought about giving a 4 star rating for Admiral but decided on 3 because I think that there is more room for improvement on the commission charged. Average broker. I did not have a problem depositing but withdrawal took longer than anticipated.

Marietta
This review is not supported by evidence

Sep 9 2020

I never advise them. Technical support is very poor. The worst Broker. Very bad in deposit and withdrawal.

Miranda Gultom
This review is not supported by evidence

Sep 9 2020

I'm having problem with my withdrawal process. They asked me a lot of documents, and so far, just that. I don’t know the problem is from them or my bank because all they do is asking for documents and I'm tired of it.

Josh
This review is not supported by evidence

Sep 9 2020

MetaTrader Supreme Edition.is absolutely my favourite! It makes possible to test myself. Because I have been trading for 1 year only. And sometimes need help in technical analysis.

Jonathan Graham
This review is not supported by evidence

Sep 9 2020

Above average broker for me, at least I'm not disappointed. AdmiralMarkets have good system, and fast execution. No problem with withdrwal process. Keep up the good work.