Admiral Markets Jordan: Is It Worth Trying?

Henry Jackson: Well, considering each jurisdiction has it's own rules and regulations, surely there are some differences between the two. Now, I am not too familiar with it either. But maybe this article about Admiral Market Australia can help.

If you want to check out which Admiral Markets allow global traders, check out this one.

Henry Jackson: as long as I use Admirals, I feel Admirals is the right broker for me in trading, even though I am a trader who is not from the jurisdiction of this broker. However, as explained in this article, Admirals is a global broker and has provided the best service and protection for its customers worldwide.

Admiral Markets Pty Ltd is overseen by ASIC Australia (ASFL – 410681) and maintains client funds in segregated trust accounts. Admiral Jordan regulated by the Jordan Securities Commission (JSC), offers the same conditions as they use to provide elsewhere. Environmental regulations, such as a minimum deposit of 25 USD/EUR/JOD, cashback, and Negative Balance Protection Policy of up to USD 50,000, at among other features.

Actually, every regulator in each jurisdiction has their own exchanges that are in accordance with the rules in their country. Both ASIC and JSC also have their own rules.

but one thing for sure you need to know is, When you deposit trading account funds at the admiral market, the funds are kept in separate client accounts in specially segregated banks that are internationally recognized. In addition, the broker adheres to our own strict policies regarding the maintenance and operation of client funds accounts and client funds protection insurance policies.

Pipo: Most Admiral Markets accounts get free access to Trading Central's features—which provide independent market information and technical analysis—and they also trade cryptocurrencies with this company which is one of the most profitable Forex brokers.

I want to add an explanation regarding this broker to be a consideration in choosing a trading broker. Admirals have a close relationship with MetaQuotes software, which is the developer of the platform that is now the most recognized in the Forex industry, namely MetaTrader. This relationship allows Admiral Markets to build its own custom version of the platform, namely MetaTrader Supreme Edition, which is compatible with both MT4 and MT5.

actually for admiral market jordan it is not too different from admirals broker for the rules for opening an islamic account (swap free account). In order to open an Islamic Account directly, a Muslim client must register for a Trader's Room account via the admiral market website, register for a Trade.MT5 account and provide the requested ID documents.

Swap-free accounts must be used in good faith, and clients must not use swap-free accounts to profit from swaps or not pay swaps. Please also note that they cannot claim payment of any swap amount that has been lost as a result of converting a trader's live trading account to one or more Swap-free accounts during the period in which their live trading account) has/has been converted to one or more as swap free account.

Wang Ling: Most Admiral Markets accounts get free access to Trading Central's features—which provide independent market information and technical analysis—and they also trade cryptocurrencies with this company which is one of the most profitable Forex brokers.

I want to add an explanation regarding this broker to be a consideration in choosing a trading broker. Admirals has a close relationship with MetaQuotes software, which is the developer of the platform that is now the most recognized in the Forex industry, namely MetaTrader. This relationship allows Admiral Markets to build its own custom version of the platform, namely MetaTrader Supreme Edition, which is compatible with MT4 and MT5.
actually, for admiral market Jordan it is not too different from admiral's broker for the rules for opening an Islamic account (swap-free account). In order to open an Islamic Account directly, a Muslim client must register for a Trader's Room account via the admiral market website, and register for a Trade.MT5 account and provide the requested ID documents.

Swap-free accounts must be used in good faith, and clients must not use swap-free accounts to profit from swaps or not pay trades. Please also note that they cannot claim payment of any swap amount that has been lost as a result of converting a trader's live trading account to one or more Swap-free accounts during the period in which their live trading account) has/has been converted to one or more as swap-free accounts.

Tylor: Even though Admirals is not the only broker that is the most trusted because there are still many brokers that offer comfortable trading, this broker is still considered good and suitable for trading and competes with other brokers equally.
there are many funding methods provided by admirals, greeting one of which is a deposit with cryptocurrency. Deposits using this method are also free of commissions and fees. At Admirals, the minimum Deposit depends on the type of trading account you use, not the platform you use.

If you want to trade with MetaTrader 4, Admirals provides you with two types of trading accounts: Trade.MT4 and Zero.MT4 accounts. Both have a meta trader 4 minimum Deposit of €100 to start trading. You can practice on a demo account if you are not ready to trade in real life.

However, what you need to know is that different funding methods are available in several countries. Please check first whether in your area there is a deposit available with cryptocurrency.

Hellena: As Admirals is a regulated broker by several international regulators such as ASUC, CySEC, FCA, FSCA and JSE, this account adheres to an Anti-Money Laundering policy. To protect all parties from fraud and in compliance with applicable laws and regulations for the prevention and combating of money laundering, Admiral's policy is that withdrawals may only be returned to the original source of funds.

By returning the client's funds to the origin of the funds, the withdrawal will be returned to you. e-wallet account. This applies to all withdrawal methods, and withdrawals must be returned to the source of the deposit funds.
If initially you made a deposit using a credit card, then you cannot make a withdrawal using an E-Wallet, according to these conditions. So you should still use your credit card as a means of withdrawing funds at this broker.

Hellena: Wow, it turns out that I have never tried trading, so it's only natural that I don't understand deposits. As far as I know, all brokers don't seem to recommend deposits using accounts from third parties. So it's better to use an account in your name only, to avoid deposit problems and avoid a fraud too...

Admiral market broker is no different from other brokers in this, ALL deposits must be made from a payment account with the same name as your trading account. Admiral Markets does not accept payments from third parties. Make sure all deposits to your trading account are sent from a bank account in your own name. Payments from Joint Bank Accounts/Credit Cards can be accepted if the name of the trading account holder is registered as one of the parties holding the Bank Account/Credit Card.

Admiral Markets also strongly discourages using someone else's payout account to fund your trading account as you may have problems with withdrawals — and this broker cannot guarantee a successful process in this case. Oh yes, be careful when choosing a deposit method with a broker, because not all of the deposit methods offered are available in your country.

Hellena: About the same method for deposits and withdrawals might be little confused and little bit annoying since many traders also have more than one account to receive the money. Some paying method may offer more cheap fees during deposit meanwhile there are offer cheap fees during the withdrawals. Which I understand, that traders sometimes need to use different paying method.

But, for real, using the same method for deposits and withdrawals at brokers can provide several benefits:

• Firstly, it can help prevent fraud and money laundering, as it ensures that all funds are tracked and accounted for through a single source.
• Secondly, it can streamline the transaction process, making it quicker and more efficient to deposit and withdraw funds. Additionally, some brokers may require the use of the same payment method for both deposits and withdrawals as part of their regulatory compliance procedures.

By using the same payment method, traders can avoid potentials or complications in the withdrawal process!

Newton: Let me answer :

Hedging is a trading strategy that involves opening multiple positions in the same or different financial instruments in order to reduce risk. For example, a trader may open a long position in one currency pair and a short position in another currency pair, in order to offset the risk of losses in one position with gains in another. (read about Hedging at here for more details : Forex Broker For Hedging)

Some brokers may forbid hedging because it can be seen as a way for traders to lock in profits while minimizing losses, which can affect the broker's profitability. When traders hedge, they may not generate as much trading volume or commissions for the broker, since they are not taking as many risks. Additionally, hedging can be a complex strategy that requires sophisticated knowledge and skill, and brokers may not want to encourage inexperienced traders to engage in it. But there is other factor why the brokers don't allow the hedging, which is the country's regulation. You can read more about it at here : Why Hedging Is not Allowed in Some Countries

Leo:I agree that MT5 is more advanced than MT4 offering many features MT4 does not. And MT5 is faster than MT4 for several reasons. we can read about that in here : Is MT5 Faster Than MT4? Here's What You Need to Know.

About why MT4 still chose by brokers, it's because Mt4 offer a user-friendly platform that's easy to navigate and has a lot of tools and features that traders find helpful. The platform's charts are easy to read, and it has a ton of technical indicators and analysis tools that traders can use to make informed decisions. Plus, MT4 allows traders to automate their trading strategies using its built-in programming language, or by using third-party tools like expert advisors.

Another reason why brokers and traders like MT4 is because there's a large community of users who can offer support and share knowledge. Even though newer platforms have been introduced, MT4 has remained popular because it's reliable, familiar, and has a wealth of resources available for it.

@Jeremy Juan:

I'm intrigued by your words about "MT4 allows traders to automate their trading strategies using its built-in programming language, or by using third-party tools like expert advisors.". As far as I know, MT5 can also be used for robot trading, you know. The difference is only in the trading instruments section, in fact MT5 has more trading instruments that can be used.
To be honest, when I started trading directly using MT5, so I was quite a hardcore fan of it. Can you give some sneak peak or recommendation about good trading robot on MT4? And does Admiral Markets Jordan provide trading robots too?

@Ochoa: Hey! That's an interesting question about regulatory restrictions and their impact on Admiral Markets branches. Regulatory variations can arise due to differences in financial laws and regulations across jurisdictions. Some possible factors influencing these variations could be the regulatory bodies overseeing the branches, local financial regulations, and compliance requirements specific to each country.

Now, let's dig deeper into the second part of your question. These regulatory variations have a direct impact on the trading conditions and services offered to clients in each jurisdiction. For example, different regulatory bodies may impose specific rules regarding leverage limits, minimum deposit requirements, or even the types of financial instruments available for trading.

Moreover, compliance with regulatory standards ensures that client funds are protected and held in segregated accounts, enhancing the overall safety and security of client investments. The variations in regulatory restrictions can also affect the availability of certain trading features, such as bonus promotions or specific trading platforms, which may be subject to regulatory approval or restrictions in certain jurisdictions.

That's right, not many brokers accept US traders. According to the articles I read, it is known that getting a US license is very difficult because the requirements are quite strict. One of the main reasons why forex brokers do not accept US clients is because of the strict regulations imposed by the US government. The US government has implemented a number of regulations regarding forex brokers, including the Dodd-Frank Act which was introduced in 2010. This law requires forex brokers to register with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) which can be a lengthy and expensive process.

In addition, forex brokers are also required to meet a number of other requirements, including maintaining minimum capital requirements and submitting periodic financial reports to the authorities. These regulations can be difficult for forex brokers to comply with, which is why many prefer not to accept US clients.

Well despite the many rules in the US, it is important to remember that these regulations are designed to protect traders and ensure that the forex market operates fairly and transparently. As a result, it is important to choose a regulated and trustworthy forex broker, even if they do not accept US clients. Yeah, therefore, in my view, Admirals is a good broker because it can enter the US market, although not all instruments can be traded by US traders. this Broker has one of the best and most good study and research materials for trading EAs.

Moreover, recently, I have good news that Admiral is expanding its foot in US by plans to restructure its group by merging parent entities Admiral Markets US and Admirals Group US. The merger is expected to be completed in the first half of 2024. As part of the plan, Admiral Markets will also revoke the operating license of its Estonian subsidiary, which is expected to take place in the second half of this year, possibly in August 2023.

However, if you need another broker for comparison, you have to read this (Forex Brokers Offering Us Clients)

Hey bros! It's lucky you have experience with Admirals. So here is the deal with a broker that accepts US traders. Admirals is a global brokerage firm, which has many branches around the world including the US region which is known for its complex regulations and strict policies. Banay brokers are said to be good brokers, but they can't enter the US market, but Admkrals is indeed on a different level as a global broker.

If you are already familiar with MetaTrader 4 and 5, then this is the right choice for you to use as a trading platform at Admirals. It is user-friendly and has a simple interface which is perfect for beginners. Regarding the regulatory aspects, it is definitely safe to trade with them as they are regulated by some of the most reputable authorities in the industry, such as the Financial Conduct Authority (FCA) in the UK and the Australian Securities, Investments Commission (ASIC) in Australia, CySEC (Cyprus), JSC (Jordan) and FSCA (South Africa). Apart from that, US Admirals have also obtained a valid license from the European Food Safety Authority (EFSA). This has proven that this broker is also SAFE and GOOD for US traders.

When it comes to features and advanced trading tools, Admiral Markets truly stands out from the rest. They offer a range of cutting-edge tools and technologies that provide traders with a competitive advantage in the market. One of their standout features lies in their advanced graphing capabilities. Additionally, Admiral Markets provides advanced order types like limit orders, stop orders, and trailing stops, which grant traders greater control over their transactions and enable the implementation of more sophisticated trading strategies.

Now, let's delve into the unique benefits of choosing Admiral Markets for advanced trading. Firstly, they offer competitive spreads, allowing traders to maximize their profit potential. Their swift execution speed ensures that your trades are carried out swiftly and accurately. Admiral Markets operates on a Hybrid Model, functioning as an ECN and STP broker, enabling a fully electronic Forex trading service. This amalgamation enables Forex brokers to automate order entry, manage price spreads, and oversee the execution aspects of their trade execution business.

In terms of drawbacks or limitations, it's worth noting that Admiral Markets' advanced features may require a certain level of experience and expertise. To enhance your experience on the Admiral Markets platform, I recommend starting with a demo account. This will help you become familiar with the advanced features and allow you to practice your strategies without risking real money.

Furthermore, Admiral Markets offers Islamic accounts on its platform. However, these swap-free accounts are typically reserved for Muslim traders, as they adhere to Islamic finance principles that prohibit the charging or payment of interest. Swap values essentially represent the cost of holding a position overnight. Even though non-Muslim traders cannot open swap-free accounts, they can still benefit from swap rates. If a trader buys a currency with a higher interest rate than the one they are selling, they will earn a positive swap rate. Conversely, if a trader sells a currency with a higher interest rate than the one they bought, they will incur a negative swap rate.

Read more: The Complete Guide to Islamic Account: Admirals Edition

When it comes to educational resources and tools for beginners, Admiral Markets offers a comprehensive range of options to help novice traders build a solid foundation in forex trading. Their free webinars cover various topics, from basic concepts to advanced strategies, providing valuable insights and practical guidance.

Admiral Markets' demo accounts are great for beginners to practice trading without risking real money. Their educational resources are top-notch, easy to understand, and presented in a friendly way.

They also offer expert analysis and market insights, like daily updates and technical reports, to help traders keep up with market trends and make better decisions.

For extra support, they have personalized coaching and mentorship programs where beginners can get guidance from experienced traders. This one-on-one help can give valuable feedback, address concerns, and speed up the learning process.

Hi, I will answer your question! So, metatrader 4 (MT4) and Metatrader 5 (MT5) are both popular trading platforms, but they serve slightly different purposes. MT4 is known for its user-friendly interface and is widely adopted by traders globally. It offers a variety of trading tools and automated trading capabilities. On the other hand, MT5 is considered more advanced, providing additional features such as more timeframes, more order types, an economic calendar, and support for a wider range of financial instruments.

Despite the advancements in MT5, many brokers, including Admiral Markets, still offer MT4 for several reasons. Firstly, MT4 has a large user base, and many traders are familiar with its interface. Secondly, there is a vast number of custom indicators and expert advisors (EAs) developed specifically for MT4, making it convenient for traders who rely on these tools. Lastly, the transition to a new platform involves challenges, and some traders prefer to stick with the familiar MT4. (read: MT4 or MT5, Which Platform Should You Choose?)

In my opinion, this could be due to various factors such as the stage of economic development, government policies, and regulatory priorities.

In contrast, advanced economies like the US and the UK often have more rigorous regulatory requirements to ensure investor protection, market integrity, and financial stability. These stricter regulations may stem from a history of financial market regulation and supervision, as well as a higher level of investor sophistication and awareness.

Regarding trading conditions, the differences in regulatory stringency can impact various aspects such as leverage limits, margin requirements, and product offerings. While less strict regulations in developing countries may offer more flexibility for traders, it's essential to consider the trade-offs in terms of investor protection and market stability.