konversi_timezone(21 Jun 2021 4:36, America/New_York, 'full date') Admiral Markets Regulations Explained
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Admiral Markets Regulations Explained



Jun 21, 2021  
Forex brokers with multiple licenses can reach more traders in many jurisdictions. Through the Admiral Markets case, let's reveal how multiple licenses can influence trading conditions.

It has come to many traders' attention that a number of forex brokers are operating with multiple licenses in order to offer their services legally across many countries. The reasons and the credibility of it have been thoroughly discussed here, so let's move on to the more interesting part: the true case and how it influences your trading condition.

As a leading online trading service provider with a global presence, Admiral Markets (recently rebranded into Admirals) is a good example of how a multiple-licensed broker operates successfully.

In presenting their products, Admiral Markets have different conditions to comply with the strict rules of each regulatory framework. For instance, ASIC standards may apply only to Australian traders, so UK traders are likely to have a different set of trading specs.

Here is a list of Admiral Markets branches worldwide based on their jurisdictions:

  1. Admiral Markets UK:Authorized and regulated by FCA in the UK, this institution is the prototype of Admirals itself.
  2. Admiral Markets Australia: Regulated by ASIC and offers limited leverage up to 1:30 only for retail forex traders.
  3. Admiral Markets Jordan: Licensed by JSC, this branch of Admiral Markets allows a starting capital of $25.
  4. Aglobe Seychelles: This offshore jurisdiction enables Admiral Markets to accept clients from areas outside Australia, the UK, Jordan, and other regions that are not covered by the abovementioned companies and the only ones who provide copy trading.

Let's explore each Admiral Markets company below.

 

Admiral Markets UK

Admiral Markets UK Ltd is authorized and regulated by the Financial Conduct Authority (FCA) with registration number 595450. The service basically represents Admiral Markets in general.

Per this writing, UK traders can choose six types of accounts divided into two categories:

  1. Trade.MT4
  2. Zero.MT4
  3. Trade.MT5
  4. Invest.MT5
  5. Zero.MT5
  6. Bets.MT5

All account types save for Invest.MT5 requires a $250 minimum deposit, and retail clients are allowed to choose 1:10 - 1:30 leverage. The ion of base currencies includes EUR (Euro), USD (US Dollar), GBP (Pound Sterling), and CHF (Franc Swiss)

As for deposits and withdrawals, a range of payment methods like bank transfers, credit cards, Skrill, Neteller, and PayPal are all available. Aside from bank transfer which usually takes up to 3 business days, transactions are processed instantaneously.

Internal transfers are free except for accounts with different base currencies. It should also be noted that Admiral Markets UK charges an inactivity fee of €10 per month.

An account is considered inactive if there is no execution of any transactions in the previous 24 months and is not used for holding open position(s). However, the broker only charges inactive accounts with a balance that is greater than zero.

Here is the overall condition for Admiral Markets UK:

🏨 Company Admiral Markets UK Ltd
🌎 Region The United Kingdom
🧾 Account Types Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5, Trade.MT4, and Zero.MT4
💲 Minimum Deposit $250
💵 Account Currencies EUR, USD, GBP, CHF
Leverage for Retail Clients
1:10 - 1:30
💳 Payment Methods Bank transfers, Credit cards, Skrill, Neteller, PayPal
📝 Registration

 

Admiral Markets Australia

Admiral Markets Pty Ltd in Australia is licensed to provide financial services by the Australian Securities and Investments Commission (ASIC) under Australian Financial Services Licence number 410681. In terms of trading accounts and other conditions, Admiral Markets Australia is quite similar to its UK counterpart.

The company offers 5 types of trading accounts consisting of Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, and Zero.MT4. The leverage is also restricted to only up to 1:30 for forex retail clients.

However, Admiral Markets Australia defines their stop out more specifically as 50% for retail clients and 30% for wholesale clients. Meanwhile, Admiral Markets UK only specifies the stop out limit as 50% for retail clients.

Another spotted difference is the base currency that clients can choose. Compared to Admiral Markets UK, Australian traders can choose between AUD (Australian Dollar), EUR (Euro), GBP (Pound Sterling), USD (US Dollar), and SGD (Singapore Dollar).

Furthermore, deposit and withdrawal options are generally available via bank transfer, credit cards, Skrill, and Neteller. Admiral Markets Australia does not accept PayPal.

Traders looking for extra trading features may be a bit disappointed since the Australian branch does not feature similar services to what they have in the UK. For instance, spread betting and fractional shares are not accessible on the website operating under Admiral Markets Pty Ltd.

Here is the overall condition for Admiral Markets Australia:

🏨 Company Admiral Markets Pty Ltd
🌎 Region Australia
🧾 Account Types Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, and Zero.MT4
💲 Minimum Deposit $100
💵 Account Currencies AUD, EUR, USD, GBP, SGD
Leverage for Retail Clients
1:10 - 1:30
💳 Payment Methods Bank transfers, Credit cards, Skrill, Neteller
📝 Registration

 

Admiral Markets Jordan

Under Admiral Markets AS Jordan Ltd, this broker carries out trading services for Jordanian traders and other related markets under the jurisdiction of the Hashemite Kingdom of Jordan.

The operation is officially licensed by the Jordan Securities Commission (JSC) with registration number 57026. Similar to the Australian company, Admiral Markets Jordan provides five different account types in two different platforms. They are called Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, and Zero.MT4.

One obvious difference is the minimum deposit since the broker allows a starting capital of $25. The maximum leverage is also much more flexible as traders can choose up to 1:500.

Unfortunately, the deposit and withdrawal methods are significantly limited, for the broker only affords transactions via bank transfers, credit/debit cards, and Perfect Money. The good news is Admiral Markets Jordan applies a cheaper inactivity fee of $10 per month. Traders can also opt to try fractional shares and other personal offers that are specifically designed for active traders.

Here is the overall condition for Admiral Markets Jordan:

🏨 Company Admiral Markets AS Jordan Ltd
🌎 Region Jordan
🧾 Account Types Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, and Zero.MT4
💲 Minimum Deposit $25
💵 Account Currencies USD, EUR, JOD, AED
Leverage for Retail Clients
Up to 1:500
💳 Payment Methods Bank transfers, Credit cards, Perfect Money
📝 Registration

 

Aglobe Seychelles

Aglobe Investments Ltd is licensed by the Financial Services Authority of Seychelles (FSA) as a Securities Dealer in Seychelles under license number SD073. It has the necessary license and approval to operate under the brand Admiral Markets.

Seychelles is an offshore jurisdiction that allows forex brokers under its regulatory agency to operate globally. This enables Admiral Markets to accept clients from areas outside Australia, the UK, Jordan, and other regions that are not covered by the abovementioned companies.

It is an important advancement as top regulatory bodies like ASIC are famously known to restrict their members when it comes to accepting clients from outside of their jurisdictions.

Trading specifications in Aglobe Investments are not that different compared to Admiral Markets UK and Australia. The classification of MetaTrader 5 and MetaTrader 4 accounts is still there, and both categories house the Trade and Zero accounts. Yet, the most significant difference is the presence of copy trading.

It's also noteworthy that Aglobe Investments accepts a minimum deposit as low as $25. The base currency options include USD (US Dollar), EUR (Euro), BRL (Brazilian Real), MXN (Mexican Peso), CLP (Chilean Peso), SGD (Singapore Dollar), THB (Thai Baht), VND (Vietnamese Dong), and AUD (Australian Dollar).

Additionally, available payment methods for deposit and withdrawal are much more diverse than the other companies. On the official page, it is explained that traders can choose between wire transfers, Skrill, Neteller, credit/debit cards, cryptocurrencies, and Perfect Money.

Aglobe allows all clients to choose leverage as high as 1:1000 for forex and 1:500 for indices. However, spreads in Trade.MT4 accounts start from 1.2 pips, a bit higher than what Admiral Markets UK and Australia have.

Aglobe Investments has much more limited extra features. From analytics to trading products, there's not much of Admiral Markets' advanced trading technology that is presented to Aglobe's clients.

Here is the overall condition for Admiral Markets global:

🏨 Company Admiral Markets AS Jordan Ltd
🌎 Region All areas not covered by Admiral Markets UK, Australia, Jordan, Europe, and South Africa
🧾 Account Types Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, and Zero.MT4
💲 Minimum Deposit $25
💵 Account Currencies USD, EUR, BRL, MXN, CLP, SGD, THB, VND, AUD
Leverage for Retail Clients
Up to 1:500
💳 Payment Methods Bank transfers, Credit cards, Skrill, Neteller, Perfect Money, Cryptocurrencies
📝 Registration

Apart from the four entities above, there are also Admiral Markets Cyprus Ltd and Admirals SA (Pty) Ltd. Each holds licenses issued by CySEC and the Companies and Intellectual Property Commission (CIPC) to operate in Europe and South Africa respectively.

With the growing expansion and commitment to be a well-received broker globally, it's only normal to expect more Admiral Markets companies in even more different jurisdictions in the future.

 

Which is the Right One for You?

When dealing with a multiple-licensed broker like Admiral Markets, it's actually important to make sure that you are registered under the right jurisdiction. Opening an account on the broker's website that does not match your residence may cause technical problems in some key aspects, most notably the deposit and withdrawal transactions.

To conclude, choose the version that matches where you come from. You may find that it's not beneficial as one entity provides a set of advanced trading features while the others' offerings are more limited. But is it really worth all the risks and troubles just to access, let's say, copy trading if you are from Australia?

After all, Admiral Markets has done as best as they can to set the trading conditions to not only match the regulatory standards in each jurisdiction but also what the market generally wants in their respective areas.

 


Admiral Markets is a forex and CFD brokerage that has been operating since 2001 to provide smart financial answers for traders around the globe. Their main services revolve around 3 key activities: Learning, Trade, and investing. In doing so, they have many registered subsidiaries, including Admiral Markets UK Ltd, Admiral Markets Pty Ltd (Australia), Admiral Markets AS Jordan Ltd, Admiral Markets Cyprus Ltd, Admirals SA (Pty) Ltd (South Africa), and Aglobe Investments Ltd (Seychelles) for the worldwide market.


36 Comments

Merry Ann Lois

Jan 21 2023

So far, I have read about different kinds of Admiral Markets in terms of regulations. But I don't understand. If this one is available for everyone, can I choose Admiral Aglobe? Even if I come from a country with Admiral under different regulations (ASIC, for example).

Ben Jackson

Feb 25 2023

Merry Ann Lois: Well, honestly, if your country already has a regulation body and Admiral Market is registered with it, I think it would be best to choose the one with local regulations. For example, if you are from Australia, it is best if you choose ASIC-regulated Admiral Markets, etc. Normally, each country would have different rules regarding what is allowed or not. This also would mean that you will have better protection during trading since the regulations body might be able to act quickly whenever there are problems.

Rasel Chy

Mar 22 2023

Merry Ann Lois: Admiral Markets is a global brokerage firm that offers trading services in various countries around the world. The regulatory framework for Admiral Markets may vary depending on the country or region where it operates. In general, you can choose to open an account with Admiral Aglobe, even if you come from a country where Admiral Markets operates under different regulations. However, you should be aware that there may be some restrictions or limitations in place, depending on the specific regulatory requirements in your country. Before you proceed with opening an account with Admiral Aglobe, it is recommended that you review the terms and conditions, as well as any applicable regulations, to ensure that you fully understand the risks and restrictions involved. It may also be helpful to seek professional advice from a financial advisor or legal expert, especially if you are not familiar with the regulations in your country or the trading markets in general.

Souma

Feb 26 2023

I must admit that Admiral Markets has many licenses and this can be to the advantage of the broker. I mean, I as a new trader of course looking for a safe broker would choose this over having a lot of licenses that can make us feel safe as a trader. Although I don't know if the regulator of the country can protect me or not if I am not their local trader.

Meanwhile, is there any other reason why brokers need to be regulated multiple times in multiple countries? ? 

Kylian

Feb 26 2023

Souma: There is several answers that may possible why the broker actually had many regulators. I mean, brokers may need to be regulated multiple times in multiple countries in order to comply with local laws, access different markets, build trust and credibility, and expand their business globally. SInce with many regulations, the trading terms can be flexible and can get more clients also can be comply with local laws.

So, I agree about your first statement about the feeling safer with the brokers that have multiple regulation

William

Feb 26 2023

I'm a bit confused about the Aglobe Seychelles regulations. I mean, I'm not insulting anyone here, but really, I've never heard of this country before. And surprisingly, it's not Australia, not the UK, and not another country with a very big name in the economic world that gives Admiral Markets the right to operate globally, but this country itself, Seychelles, who gave Admiral Market!

So, I can make my conclusion if I am from Indonesia for example, I want to trade with Admiral Market, I can trade with them, but in Seychelles trading conditions, right? And I want to ask another question, what is offshore jurisdiction? 

Enzo

Feb 26 2023

William: Offshore jurisdication refer to a location or country that offers a variety of financial and legal benefits to individuals or companies that wish to conduct business or manage their assets outside of the jurisdiction of the home country.

These offshore jurisdictions often have favorable tax rates, privacy laws, and simple regulatory environments, making them attractive to those looking to minimize tax liability, protect assets or conduct business more flexibly.

Some popular offshore jurisdictions include places like the Cayman Islands, British Virgin Islands, Panama, and Seychelles. However, it is important to note that while there are many legitimate uses of foreign jurisdictions, some can be used for illegal activities such as money laundering or tax evasion. SO you really need to look carefully at offshore brokers. you can read tips for choosing the right offshore broker in this article : 

Josh

Feb 26 2023

I was really surprised when I read British Admiral and Australian Admiral. The trading conditions are very strict there. Examples of Admirals of Great Britain; the minimum deposit is 250$, I am fine, but the leverage is very low, only offers 1:10 to 1:30.

That moment, Admiral Australia can offer a minimum deposit of just $100, but leverage is very low and like UK leverage is 1:30 to 1:50.

On the other hand, Admiral Market Jordan seems friendlier to traders with limited capital, who have leverage that can go up to 1:500 and the term seems similar to aglobe Sychelles. The question is why do Admiral Markets in the UK and Australia have limited trading conditions? 

Taylor

Mar 20 2023

Considering the many regulations in the Admiral Market, it means that the Admiral Market wants a large community around the world. I mean you will get Australia Traders, UK Traders, European Traders, even Middle East traders. And don't forget a Seycheles globe can cover other regions than the ones I mentioned above.

The question is, if Seychelles regulation is applicable to all traders in the world, why should Admiral Markets have to regulate in some of these regions? I mean, to be regulated, you have to have an office there, like in Australia, UK, Cyprus and Jordan. You need a lot of money to be used there. And why would the Admiral's market avoid it then with just build office at Seychelles and then can cover all trader in the world? it is efficient too!

Jason

Mar 20 2023

It's true that the Admiral Markets may want to have a large community of traders from different regions around the world, and being regulated in different countries or regions can help to build trust and credibility with those traders.

However, it's important to note that each country or region has its own specific regulations and requirements for financial services providers, and in order to comply with those regulations, companies like Admiral Markets may need to establish offices and obtain specific licenses in those regions.

While being regulated in Seychelles may provide some level of coverage for traders from different regions, it may not be sufficient for all regions and may not be seen as credible by all traders. Therefore, in order to build trust with traders and comply with regulations, it may be necessary for Admiral Markets to establish offices and obtain licenses in other regions as well.

Additionally, having a physical presence in different regions can also help companies like Admiral Markets to better understand the needs and preferences of traders in those regions and to tailor their services accordingly.

Correa

Mar 20 2023

Admiral Markets allows traders from various countries including global traders, Australian traders, European traders, and Jordanian traders to trade with them. However, it appears that US traders may not be able to trade with Admiral Markets, and it can be difficult for US traders to find brokers that offer low margins and high leverage such as Admiral Markets does, as US brokers typically offer a maximum leverage of 1:30.

And I think this may be due to regulatory restrictions and requirements in the US that limit the leverage and margin that brokers can offer to traders. As a result, US traders may be rejected by other brokers, making it challenging for them to find brokers that offer attractive trading conditions.

Wendell

Mar 20 2023

Yes, that is correct. The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regulate the trading of financial instruments in the US. These regulators have set strict rules and regulations to protect US traders and prevent excessive leverage and risk-taking. As a result, US brokers must comply with these regulations and offer maximum leverage of 1:30 on major currency pairs, 1:20 on non-major currency pairs, 1:10 on commodities, and 1:5 on individual stocks.

This regulation ensures that US traders are protected from excessive leverage and risk, but it can also limit their trading opportunities with brokers outside the US that offer higher leverage and margin. US traders looking for brokers with higher leverage and margin should be cautious and ensure that the broker is reputable and regulated by trustworthy financial authorities. They should also understand the risks associated with high leverage trading and be familiar with the broker`s policies on margin calls and stop-loss orders.

Tony

Mar 20 2023

Additional information, brokers may not be able to accept US traders for a variety of reasons, including regulatory restrictions, compliance requirements, and business decisions.

One reason is that brokers who operate in the United States must comply with the regulations set forth by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which can be costly and time-consuming for foreign brokers. As a result, some brokers may choose not to accept US clients to avoid these regulatory requirements.

Additionally, there may be other legal or tax considerations that make it difficult or unprofitable for brokers to accept US clients. For example, brokers may be required to register with multiple state-level regulatory agencies in order to operate in the United States, which can be a cumbersome process.

Ramim

Mar 22 2023

Correa:Yes, you are correct. The reason why US traders may not be able to trade with Admiral Markets and other brokers that offer high leverage is due to regulatory restrictions in the US. In 2010, the Dodd-Frank Act was passed in the US, which introduced new rules and regulations for the financial industry, including the Forex market. One of the main provisions of the Dodd-Frank Act was to limit the leverage that brokers can offer to traders in the US. As a result, brokers operating in the US are required to comply with the maximum leverage limit of 1:30. This means that US traders are limited in their options when it comes to trading with brokers that offer high leverage. However, it is important to note that this regulatory restriction is in place to protect traders from excessive risk and potential losses. It is always advisable to choose a reputable broker that is regulated by a recognized authority to ensure that your funds are safe and that you are trading under fair conditions.

Cataline

Apr 20 2023

Hi, I'm stumble into this article and having several questions in mind. How does trading with a multiple-licensed broker such as Admiral Markets benefit clients in terms of the security and safety of their investments, as well as the level of transparency and trustworthiness of the trading platform? And what are the key features and tools offered by Admiral Markets that set it apart from other brokers, and how do these features benefit traders looking to optimize their investment strategies and maximize their returns? thanks for the answers!

 

Andrian

Oct 30 2023

@Cataline: I will answer your questioins with simple term. I mean, you can find your answer in the article above. So, excuse me, Trading with a multiple-licensed broker like Admiral Markets benefits clients by offering greater security and transparency. Multiple licenses mean more oversight and compliance with industry standards, safeguarding investments and ensuring ethical practices. Admiral Markets stands out with features like the MetaTrader Supreme Edition, offering advanced tools for optimizing trading strategies. They also provide educational resources, strong customer support, market analysis, and various account types to cater to different traders, helping them make informed decisions and maximize returns. Selecting the right broker depends on your specific needs and goals, so choose one that suits your trading style.

Diego

Apr 30 2023

I am interested in trading at admirals because there is negative balance protection here to cover the account deficits that sometimes occur when the market moves against leverage. And this protection is available on the two accounts Trade.MT5 and Zero MT5.I am also very happy when trading with zero spreads. Because regular spreads are relatively variable and change according to the market. I want to trade stocks with low spreads and commissions, but also a wide choice of assets.Now, it's suggested here that if I want to look for zero spreads, the Zero MT5 account is right for me. So if I like stock trading, is the Zero MT5 account suitable?

Sweety

Apr 30 2023

@Diego: It depends on you, indeed the advantage of the Zero MT5 account is that we can start trading with spreads from 0 pips. So if you want to trade on an account where spreads start from zero, then the Zero MT5 account is just right for you. It is my understanding from the two accounts described in this article that the MT5 Zero Account only wins in the portion of the spread offered. But if you pay attention again, the Trade.MT5 account provides lots of trading instruments including stocks. So, yes, you choose an account with a low spread or an account with a large ion of instruments provided. Depends on your needs

Backy J

Apr 30 2023

@Sweety: In my opinion, the cost of trading is not only the spread that must be considered. But there are commissions and swap fees. The Zero MT5 account does indeed offer us trading with spreads starting from 0 pips. However, not for swaps and commissions.If I were in your position, I would choose the Trade.MT5 account as my trading account. Why? Because even though the spread is a little higher than Zero MT5, it's only a little away. We can see that the Trade.MT5 account offers commission-free trading on almost all its trading instruments, except for single stock and ETF CFDs of 0.02.The commission is very low compared to the Zero Trade account. And also there is swap-free for Islamic accounts at Trade.MT5.So yes, I think I Trade.MT5 is perfect for trading on the instrument you want.

Yerim

Jun 15 2023

The requirements and regulations for obtaining this License differ from country to country. Once obtained, this License can be useful for Brokerage firms, mutual funds, or hedge funds that may have clients who wish to invest their funds securely. but something makes me curious about security jurisdiction, why Offshore Jurisdiction?

Ekhwan

Jun 16 2023

While traders are now more accustomed to offshore forex brokers, regulators notoriously make it impossible for people outside of Australia, New Zealand, and the US to trade spot FX.

All jurisdictions, both onshore and offshore, may grant a Forex Brokers License to qualified applicants. Generally, in-country jurisdictions impose much higher capital requirements on applicants so the costs of setting up a brokerage in those jurisdictions are very high when compared to some offshore financial centers. Offshore jurisdictions offer many interesting possibilities as many countries will allow Forex Brokers to operate tax-free on profits. As a result, the prices and trading fees you offer retail traders and investors are much lower and more attractive.

Yerim

Jun 15 2023

The requirements and regulations for obtaining this License differ from country to country. Once obtained, this License can be useful for Brokerage firms, mutual funds, or hedge funds that may have clients who wish to invest their funds securely. but something makes me curious about security jurisdiction, why Offshore Jurisdiction?

Ekhwan

Jun 16 2023

While traders are now more accustomed to offshore forex brokers, regulators notoriously make it impossible for people outside of Australia, New Zealand, and the US to trade spot FX.

All jurisdictions, both onshore and offshore, may grant a Forex Brokers License to qualified applicants. Generally, in-country jurisdictions impose much higher capital requirements on applicants so the costs of setting up a brokerage in those jurisdictions are very high when compared to some offshore financial centers. Offshore jurisdictions offer many interesting possibilities as many countries will allow Forex Brokers to operate tax-free on profits. As a result, the prices and trading fees you offer retail traders and investors are much lower and more attractive.

Olliver

Jun 19 2023

I actually don't really understand anything related to deposits at forex brokers, because I've never tried it. I've never tried trading with a real account because I'm hesitant to try a deposit.

I only tried one broker to try a demo account, but I'm not afraid to try real trading. That's why I always like to read articles related to trading, especially market provider brokers.

After I read this article I was a bit interested in the Admiral market because it has been licensed in several regions, for example in Jordan with the Jordan Securities Commission (JSC) and it is available to all traders in the world. In my opinion, in terms of security, this broker is pretty good.

Even though I am interested in this broker, Admiral Market is still a broker that I just found out about. Also, I've never tried a deposit before. there are a number of things that make me confused about depositing at Admiral Market. Can I make a deposit through a third party? Should I use the same method for deposits and withdrawals? If anyone knows, please help explain, guys...

Ekhwan

Jun 20 2023

As Admirals is a regulated broker by several international regulators such as ASIC, 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.

Immanuel

Jun 21 2023

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 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.

Lee Tuck Wen

Nov 19 2023

Yeah, not many brokers seem to have the kind of regulatory coverage that Admiral Markets does. I mean, check out this article – it mentions how Admiral Markets can be regulated from places like Seychelles, catering to a global audience, and they've got support for Jordan through Admiral Markets Jordan, plus coverage in the UK and Australia. Sounds pretty solid for safety, right?

But here's the part that's got me scratching my head. The article suggests picking the version that aligns with your location, which makes sense, but it also hints that the features might vary between them. Now, that's a bit confusing. I want to make sure I'm trading under Admiral Markets' regulation, but what's the deal if I'm based in Singapore? How can I be sure I'm covered by their regulatory framework?

Gary

Nov 23 2023


Hey, great question you've got there! You know how it is – if some brokers are pitching you to trade with them but aren't regulated by the authority in your country (like MAS or Monetary Authority of Singapore, in your case), they fall into the category of offshore brokers.

In simpler terms, Admiral Market would be seen as an offshore broker in your country. Just to throw it out there, Admiral Market is regulated by Seychelles, which is all about offshore regulation. That's the deal explained in the article – Seychelles, being a global regulation hub, covers the whole shebang. (read : A-Z on Offshore Regulators in Forex Industry)

Now, the real talk is about safety with offshore brokers – it's not always a straightforward good or bad scenario. The article dives into it more, helping you figure out if Admiral Market as an offshore option is a thumbs up or down. Check it out: (Trading in an Offshore Broker: Pros and Cons)

Jerry

Nov 30 2023

I was quite surprised to come across information about Admiral UK and Australian Admiral, where the trading conditions are notably stringent. For instance, in the case of Admiral UK, the minimum deposit requirement is $250, which is acceptable, but the offered leverage is considerably low, ranging from 1:10 to 1:30. Similarly, Admiral Australia allows a minimum deposit of just $100, but the leverage is also limited, falling within the range of 1:30 to 1:50.

In contrast, Admiral Markets Jordan appears to be more accommodating to traders with limited capital, providing leverage that can extend up to 1:500, resembling the conditions found in Admiral Markets Seychelles. The question that arises is why do Admiral Markets in the UK and Australia have more restrictive trading conditions?

Yansen

Dec 4 2023

Let me help you! So about your questions, the variations in trading conditions across Admiral Markets in different regions, such as the UK, Australia, and Jordan, are often influenced by regulatory requirements imposed by the financial authorities in those respective jurisdictions. Regulatory bodies in the UK and Australia may impose stricter rules on leverage to protect retail traders from potential high-risk exposure and significant losses. These regulations aim to enhance investor protection and ensure a more stable financial environment.

In contrast, Admiral Markets in Jordan, and similar regions with more flexible conditions, may operate under different regulatory frameworks that allow for higher leverage. The regulatory landscape in each country determines the extent to which brokers can offer leverage to traders.

Mary

Dec 19 2023

The article points out that ASIC standards may exclusively govern Australian traders, suggesting that traders from the UK could operate under a distinct set of trading specifications. Consequently, it seems that the Admiral Market with ASIC regulation is tailored specifically for Australians. As a foreign trader, such as myself, the ASIC rules may not be applicable to my trading account. This raises a pertinent question: What is the significance of articles or reviews asserting that Admiral, for instance, adheres to ASIC regulation when, as a foreigner from Australia, I do not fall under the jurisdiction of that regulator in my dealings with Admiral?

Bush

Dec 23 2023

The articles or reviews might be stressing ASIC regulation for Admiral Markets to give a heads-up to Australian traders about the local rules. It's like saying, "Hey, Aussies, these are the rules you need to know!" However, if you're a foreigner trading from Australia, like yourself, those ASIC rules don't necessarily apply to your Admiral account.

Now, the confusion sets in when you read about Admiral having ASIC regulation. You might wonder why they're talking about Aussie rules when, as a non-Aussie trader, you're not part of that regulatory scene. The point is, even if you're not in the ASIC club, understanding the regulatory landscape can still be useful for making smart trading decisions. It's like having the playbook, even if you're not playing the exact same game.

Sha Sha

Dec 26 2023

Hello! I have a question about the jurisdictions mentioned in the article. It mentions that for a broker like Admiral Markets with multiple licenses, it's crucial to ensure that your registration aligns with the right jurisdiction. The article highlights potential technical issues, especially in deposit and withdrawal transactions, if the registered jurisdiction doesn't match your residence. I'm curious about whether there are variations in rules or regulations across different jurisdictions and why brokers have different rules under various regulators. Thanks for your insights!

Peter

Dec 29 2023

he differences in rules across jurisdictions for brokers like Admiral Markets stem from the regulatory landscape in each region. Financial markets are regulated by different authorities worldwide, each with its own set of rules and requirements. Brokers operating globally often obtain licenses from multiple regulators to cater to clients from diverse locations.

For example, regulations related to client fund segregation, leverage limits, and disclosure requirements can vary. Brokers tailor their rules to comply with the standards set by each regulator, ensuring a legal and secure trading environment for their clients. To maintain transparency and uphold regulatory compliance, it's crucial for traders to be aware of the rules applicable to their chosen jurisdiction and register accordingly.

Chairul

Feb 25 2024

The article suggests that when deciding on an Admiral regulation to opt for, it's advisable to select the version that aligns with your geographical location. While one entity may offer advanced trading features, another may have more limited offerings. However, the question arises: Is it worthwhile to undertake the associated risks and hassles solely for features like copy trading, especially if you're based in Australia? Now, considering I'm from Malaysia, where Admiral apparently lacks regulatory approval, which version should I choose? Should I go for the Admiral Australia option or opt for the offshore alternative?

Ramos

Feb 27 2024

If you're from Malaysia where Admiral doesn't have regulatory approval, you might face a dilemma about which version to choose. In such a scenario, it's essential to consider various factors. While the offshore option may seem tempting due to its potentially broader range of features, it's crucial to weigh the risks associated with trading on an unregulated platform. On the other hand, opting for Admiral Australia could provide a more regulated and potentially safer trading environment, even if it means sacrificing certain advanced features. Ultimately, the decision depends on your risk tolerance, trading priorities, and comfort level with trading on regulated versus unregulated platforms. It's advisable to conduct thorough research and seek advice from experienced traders or financial professionals to make an informed choice that aligns with your needs and preferences. About offshore broker, you can read this article to gain more insight : A-Z on Offshore Regulators in Forex Industry


2.88/5

Established : 2001
Location :
Regulation :
Min Deposit : $1
Leverage : 1:500

Francis Park

Jun 22 2023

Been trading with Admirals for a while now and honestly, no issues at all with this broker. It definitely deserves a solid 5-Stars from me. So here's the tea: I had a bit of a rough patch when the EUR-USD spiked, and my account went into a negative balance. But guess what? I reached out to Admirals via email, asked them to reset my account balance to zero, and they actually did it! Like, for real! Fast forward two days, and...

Noah Morrison

Jun 19 2023

Yo, I got deposits at 4 brokers, and I gotta say, Admirals is one of 'em. I did my research, man. Here are the dope things I noticed: Their spreads are hella tight, especially on my ECN account. Execution is speedy as hell, no time wasted. They give you options, bro. You can choose from different jurisdictions. This is clutch, especially after those Eurocommission dudes started messing with my money and lowering the leverage for us retail traders. Like, thanks for the "care,"...

Otis Mcdaniel

Jun 12 2023

Admiral is a solid broker, but there are a couple of downsides worth mentioning: They don't offer copytrading, which can be a bummer for those interested in following and copying successful traders. Another drawback is the absence of cent accounts. These accounts can be super helpful, especially when your deposit is less than $5000, as they allow for smaller position sizes and better risk management....

Dot Cisneros

May 23 2023

Everything is fine, but I am not happy with the withdrawal fees. They impose additional charges for withdrawals, and while the first withdrawal is free, the subsequent withdrawal fees are quite high. Additionally, there is a significant price difference between the deposit and withdrawal rates.

Dayna Crow

May 22 2023

I think there is a potential data leak. Last night, I received a fraudulent call informing me about the closure of this company due to financial misconduct, and the caller claimed they wanted to refund my deposit with this broker. However, the fact is that I did not have any remaining deposits in my account worried me a lot. Worse, the scammer possesses my complete name, email address, and phone number.
Admirals Comparison
Admirals FXOpen
Rating
2.88/5
2.88/5
Established 2001 2003
Min Deposit $1 $1
Max Leverage 1:500 1:500
Website Visit Visit