With only a few bucks, you can start funding your account and trade with Admiral Markets. Here's a full guide on the fees and payment methods.
As one of the leaders in the online trading industry that has been established since 2001, Admiral Markets offers a number of attractive services. For instance, the broker is well-known for its low fees and wide range of instruments. It also offers a bunch of additional trading tools to help traders analyze the market.
Such benefits certainly give Admiral Markets an upper hand in terms of products and features. But when choosing a broker, it's important to consider other aspects like deposit and withdrawal. Remember that as a trader, you need to be able to fund your account quickly and manage your balance whenever you wish. This is why, today, we want to focus on how to make deposits on Admiral Markets. Learn about the conditions, fees, payment methods, and the minimum requirements in this article.
Contents
Deposit Currencies
Every trading account has a base currency, which means that the account balance is counted using that currency. In some brokers, you can have multiple trading accounts with different base currencies, such as EUR and USD-based accounts. Knowing what base currency you use is important because if you deposit money in a currency other than your base currency, a currency conversion fee will be charged.
The number of supported currencies varies from one broker to another. Some only accept major currencies, and some others support a lot more than that. Compared to other brokers, Admiral Markets offers quite a lot of currencies including both major and minor currencies. Here are some currencies available on Admiral Markets:
- USD
- EUR
- CHF
- GBP
- BGN
- CZK
- HRK
- PLN
- HUF
- RON
- SGD
- AUD
- AED
Deposit Fees
Deposits at Admiral Markets are generally free of charge. Meaning, you won't need to pay any fee to the broker regardless of the method you use. However, there might be third-party fees charged by the service provider. The amount varies depending on the funding method. For example, there is a 0.9% fee or a minimum of $1 fee if you deposit money through Skrill.
It is worth mentioning that Admiral Markets doesn't charge any fee for opening a new live or demo accounts. Demo accounts basically let you trade with virtual money, so there's no real cash involved. You can use the opportunity to practice trading or test a new strategy. If you want to trade using real money, then use a live trading account. But please note that there is an account inactivity fee of $10 per month. This is the amount charged if your trading account hasn't executed any transactions for 24 months.
Minimum Deposit Requirements
Aside from deposit fees, the minimum deposit requirements are also important. At Admiral Markets, the minimum deposit amount varies depending on your trading account type. For the Trade.MT5 and Zero MT5 accounts, the minimum deposit is $25. Meanwhile, for Invest.MT5 accounts, the minimum deposit is $1.
Aside from that, the minimum deposit also varies based on the funding method. If you use bank transfer, you can get the lowest minimum deposit, which is zero. Other methods may require a certain amount of cash for every deposit, so make sure you read the terms and conditions before making a deposit request.
Available Deposit Methods
Admiral Markets is a popular broker that supports a wide range of payment methods, including:
- Bank wire transfer: Accepted deposits include JOD/USD/EUR.
- Visa and Mastercard credit/debit card: Accepted deposits include EUR/USD/GBP/CZK/PLN/SEK.
- Perfect Money: Accepted deposits include EUR/USD.
- e-Money payments such as Skrill, Neteller, and PayPal for customers in the UK.
Apart from that, there are also other methods such as SafetyPay, Klarna, Trustly, Admiral Markets cards, and others in certain locations. In some countries, the broker may offer more payment methods than usual, so keep an eye on that. You might get the chance to make easier deposit using your local bank service.
How to Deposit Funds on Admiral Markets
Admiral Markets allow clients to make deposits at any time as long as they are compliant with the general account and payment terms of the broker. If you wish to add some money to your account balance, here are the steps that you should follow:
- Go to Admiral Market's website, then log in to your account. Make sure that your account is verified and your profile is up-to-date.
- Select the deposit method that you'd like to use. Check the condition for each option and choose the one that suits you the most.
- Confirm and finish the transaction. Your money will be processed and transferred to your trading account.
The deposit processing time varies from instant to 3 business days depending on the chosen payment method. The broker always tries to process deposits on the same business day, but sometimes there ares from banks or service providers that can't be helped.
Keep in mind that if there are additional fees charged by the bank or intermediary, then the amount will be deducted from the deposit funds. As a result, you might receive less money than originally intended. You can see the deposit history to check the details of such deduction.
Summary
From the explanation above, we can see that making deposit at Admiral Markets is very easy and quite convenient for traders. There are no fees needed, except for conversion fees and additional fees from third-parties. The minimum deposit is also relatively low compared to other brokers, so it's suitable for both small and big traders.
Admiral Markets basically offers you flexibility to choose your own preferred deposit condition. So, if you want zero minimum deposit, then use bank transfer. Or if you want instant deposit, then choose Visa/Mastercard or Skrill. Just remember that before making any trade, make sure to consider the risks and don't use the money that you can't afford to lose.
31 Comments
Oct 17 2022
How much money should I deposit?
Feb 20 2023
Genovese: In my experience, I tried trading at several different brokers, I feel that the deposit method offered by broker Admirals is quite complete and competes with other brokers that are on par.
The minimum forex trading deposit is €100 for Trade.MT5, Zero.MT5, Trade.MT4 and Zero.MT4 trading accounts. Once your account is open and the minimum initial Deposit has been paid, the minimum amount for future Deposits by credit card, Skrill, and Netteller is €50. However, there is no minimum deposit for payments via bank transfer.
The maximum amount is €5000 per day for Visa & MasterCard bank cards. Payment systems Skrill and Neteller are limited to €10,000 per day. The advantage of bank transfer is that it is unlimited, where you can deposit the amount of your choice via wire transfer
Oct 20 2022
Is Admiral Markets regulated?
Feb 20 2023
Khamisi: Established in 2001, Admirals is a globally recognized broker, with many Australian and international clients, flexible trading account types, competitive trading conditions, and comprehensive educational materials, they are an attractive choice for both novice and experienced traders.
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 among the most lucrative Forex brokers.
Admirals is overseen by ASIC Australia (ASFL – 410681) and maintains client funds in segregated trust accounts. the broker is also supervised by the Financial Conduct Authority (FCA)—registration number 595450, Cyprus Securities and Trade Commission (CySEC), license number 201/13.
Feb 20 2023
Khalid: I want to add an explanation related to this broker so that it becomes 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.
Admirals has won a number of awards, the latest being the Best Forex Platform 2019 award (from ADVFN International Financial Awards), and Best CFD Broker 2019 (from DKI's 2019 CFD Broker Customer Survey). While the accolades they have received in recent years have centered more on the overall excellence of Admiral Markets, they are frequently recognized for their commitment to improving trading technology, user experience, and customer service.
so I also believe that this broker is regulated and recognized by traders around the world.
Oct 31 2022
Is there any deposit bonus that I can get?
Feb 20 2023
Adelade: As far as I know, Admirals provides deposit bonuses for welcome bonuses for all trading clients. The maximum amount of Welcome Bonus available to clients is $5000 or equivalent in account currency.
If you already have a Trader's Room with Admirals, you must log in to the Trader's Room and apply for the bonus by clicking on the specific banner on the dashboard. If you don't have a Trader's Room yet, you need to complete the registration form on this page of the website and follow the instructions to get the bonus.
In both cases, the bonus will be added to your trading account after making a direct deposit from the payment system. Please note, that the bonus will not be awarded in case of internal transactions, eg. from Wallet to trading account or from one trading account to another.
You can get bonuses on the following types of trading accounts: Trade.MT4, Zero.MT4, Trade.MT5 and Zero.MT5.
To get this bonus, you must first register in an admirals account, Make a deposit from the payment system directly to your trading account by Using the optimal payment option with 0% commission. Then the Bonus will be instantly added to your trading account.
Feb 20 2023
Ainsley: It seems you haven't noticed that Admiral has added another bonus offer, namely "$100 No Deposit Bonus". The bonus is the 100 USD you receive as a credit to your Zero.MT4, Trade.MT4, Zero.MT5 or Trade.MT5 live account. You can use these funds for live trading on the ed bonus account.
The bonus is deducted only from the profits from your trades. So, if your trade is not profitable, you will not lose your bonus.
The bonus is available for non-EU and non-UK clients, both new and existing clients, who have never made a deposit to their CFD account before. If you already have access to the Trader's Room with Admirals, you will need to login to the Trader's Room and apply for your bonus by clicking on the special banner on the dashboard. If you don't have a Trader's Room yet, you need to register using the registration form on this page of the website and follow the instructions to get the bonus.
To get this bonus, the method is very easy, but first, you have to register for an admirals account, don't forget that the account must be verified because later you will make a deposit too.
Please note that this "No Deposit Bonus" can only be participated in once and only at one Operational Company.
Nov 4 2022
Should I use the same method for both deposit and withdrawal?
Feb 20 2023
Marlene: Because Admirals is a regulated broker by several international regulators such as ASUC, CySEC, FCA, FSCA, and JSE, this account carries out 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 can 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. Then you should continue to use your credit card as a means of withdrawing funds at this broker.
Feb 20 2023
Ostland: To my knowledge To protect all parties from fraud and minimize the possibility of money laundering and/or terrorist financing, the majority of brokers including Admirals will only process withdrawals/refunds back to the original source of deposit as per the Withdrawal Priority Procedure. Withdrawal requests submitted, regardless of withdrawal method, will be processed through this channel up to the total amount deposited by this method.
Your funds from the first withdrawal will be added to the same source where you deposited funds. The same source withdrawal will work like this – If you deposit $50 from your e-wallet then the first withdrawal funds will only be deposited to your e-wallet. You can change the method after the first withdrawal transaction.
All withdrawal requests at Admirals are processed within a few days (except weekends & holidays).
Nov 8 2022
Hey there! When it comes to the various payment methods offered by Admiral Markets, it's essential to consider the safety and security aspects. We all want to ensure that our hard-earned funds are well protected, right? So, let's dive into it and have a friendly chat about which of these payment options is considered the safest and most reliable in terms of securing deposits and maintaining the integrity of financial transactions. It's always good to have peace of mind when it comes to our money, don't you think?
May 18 2023
In my opinion, when considering the payment methods offered by Admiral Markets, I personally find bank wire transfer to be the safest option available. Bank transfers provide a high level of security, ensuring that my funds are securely transferred from my bank account to my trading account. With the transparency and strict regulations surrounding bank transfers, I feel more confident in the integrity of the transaction process.
Moreover, using bank wire transfer allows me to have direct control over my funds throughout the transaction, as I can track the progress and ensure the successful completion of the transfer. While it may involve longer processing times compared to other payment methods, I value the added security and peace of mind that bank wire transfer offers.
But this is only my opinion, the others may have different view about this anyway!
Nov 9 2022
Which method offers instant deposit?
Feb 28 2023
Isadora: Deposits made via credit cards (Visa & MasterCard), payment systems Skrill and Neteller are instant. However, for the Jordanian region that follows the JSC regulator, Skrill and Neteller are not available, so traders in areas licensed by JSC can use Visa & MasterCard as an instant funding method. All card Deposit costs are borne by Admirals, free for you! Credit card deposits are limited to €5000 per day.
The minimum forex trading deposit is €100 for Trade.MT5, Zero.MT5, Trade.MT4 and Zero.MT4 trading accounts. Once your account is open and the minimum initial Deposit has been paid, the minimum amount for future Deposits by credit card, Skrill and Netteller is €50. However, there is no minimum deposit for payments via bank transfer.
If you are not ready to trade in real life, you can practice on a demo account.
Jan 20 2023
From above article, you can say in Admiral market have many deposits choice that you can choose. from that choice at all which one is the best deposit that trader can use, of course with no fees after all. What is the best currency to choose when depositing with brokers including Admiral Market. And what about European and UK customers who can choose another currency such as USD? And most important, did my deposit safe in Admiral Market, because I am afraid my funds being used by brokers. I hope I can find the answer because I am interesting with Admiral Market after reading these articles.
Feb 6 2023
Ronaldo: Of course, the best currency is the US dollar. I don't think you can trade other currencies. As you can see in the article above, the deposits accepted by Admiral Market are diverse. US Dollar to AED. Even I knew nothing about AED currency. Alternatively, if you are an AED user, you can transfer AED currency to Admiral without conversion. Admiral helps you convert currencies automatically, which means it accepts some currencies.
At Admiral Markets, your funds are safe as a segregate account is introduced during trading. A segregated account means that your funds are not in your broker's funds, but in other accounts that are overseen by regulators.
Read the review about Admiral Market first if you still doubt about and curious about Admiral Market :
Feb 6 2023
Based on the list of payment options available on Admiral Market, which one is the best for a trader to choose? Some countries seem to have a very limited range of payment options. For example, e-wallet payments, especially PayPal, are the most widely used worldwide, as Skrill, Netteler and PayPal are not available for merchants outside the UK for the time being. We can say that most merchants have PayPal as their e-wallet.
What I mean is a payment option with Paypal if it's limited to the UK or if you're not in the UK you can restrict traders to deposits. Is there an option available i.e quick deposit.
Feb 6 2023
Leandro Molina:
What is the best payment method at Admiral Market?
We recommend using a credit/debit card if you want to process your deposit easily. However, if you pay by card, you will have to pay an additional fee. However, if you want minimal fees, you can use bank transfer as an option. The fee is very small, but this process can take up to 14 days, so be patient. The last one is using Perfect Money for your deposit. It is the best choice because it allows instant deposits (which take 1 day) and minimal fees. All you have to do is create Perfect Money first.
Feb 8 2023
Hey, dude! So, I was doing some research on brokers and stumbled upon this article, and it mentioned something interesting. It said that there's an account inactivity fee of $10 per month with Admiral Market. Now, I'm scratching my head and wondering why they have this fee. I mean, what's the deal with it, right?
According to the article, this fee applies if your trading account hasn't executed any transactions for 24 months. But here's the thing, bro, I'm a bit confused about the reasoning behind this fee. Why would they charge you for not making any trades? I get that they might want to encourage active trading, but is there a specific reason for the fee? I'm just trying to wrap my head around it.
May 18 2023
G'day, mate! So, when it comes to account inactivity fees, the reason behind them can vary between brokers. While I can't speak specifically about the broker mentioned in the article, let's talk about the general idea behind such fees.
One possible reason for charging an account inactivity fee is that maintaining active accounts requires ongoing administrative work and resources from the broker's end. Even if you're not actively tradin', they still need to keep your account on their books and provide support services. So, this fee might help cover those overhead costs.
Another aspect to consider is the broker's desire to encourage active tradin' and engagement from their clients. By implementin' an account inactivity fee, they're incentivizin' traders to keep their accounts active and participate in the market. It's their way of sayin', "Hey, let's keep the tradin' flowin'!"
May 23 2023
Beside the inactivity fees, It is prudent to remain attentive to various fees that may be concealed within the trading landscape, including transaction fees. Fortunately, in the case of Admiral Markets, traders can find solace in the fact that such fees are not imposed.
Transaction fees, levied by certain brokers for each trade executed, can erode one's profits significantly over time. However, with Admiral Markets, traders are spared this burden as they do not charge transaction fees. This absence of fees provides traders with the advantage of preserving a larger portion of their hard-earned gains.
While Admiral Markets exempts traders from transaction fees, it is advisable to conduct a thorough review of the fee structure employed by any prospective broker, as fee policies can vary among providers. Traders should remain cognizant of other potential charges, such as withdrawal fees, deposit fees, or overnight swap charges, to ensure a comprehensive understanding of the overall cost implications associated with their trading activities.
Feb 19 2023
At the beginning of the article, there's a little part mentioning about the tools provided by Admiral Markets. But after I read it to the end, the usage of these tools was not discussed further. What tools are provided by Admiral Markets to help beginners? Is there additional fee for using those tools? please explain in more detail.
Feb 14 2023
Hey There! Admiral Markets offers tools and resources to help beginners in trading. They provide demo accounts where you can practice trading without using real money. You can also access educational materials like articles, tutorials, videos, webinars, and seminars to learn the basics of trading. They offer popular trading platforms like MetaTrader 4 and MetaTrader 5, which have charting tools and indicators.
Beside that, Admiral Market also provide some advance tools such as StereoTrader which is an extension and advanced trading interface for MetaTrader 4 and MetaTrader 5 platforms. The extension is a highly sophisticated add-on that was based on Expert Advisor technology, making it super easy to install and use.
Additionally, you can access market analysis tools such as economic calendars, real-time news, and technical analysis tools!
Mar 15 2023
Does Admiral Markets offer any bonuses, promotions, or other incentives for customers who make a deposit, and what are the terms and conditions for these offers?
Mar 15 2023
@Nana:
Customers who open a new Admiral Markets account and deposit at least $100 may be eligible for a welcome bonus of up to 100% of their initial deposit amount. Additionally, customers who make a deposit of $1,000 or more may be eligible for a free subscription to Trading Central, a leading provider of technical analysis and research tools for traders.
However, it is important to note that these offers are subject to certain terms and conditions, including minimum deposit amounts, trading volume requirements, and other restrictions. For example, the welcome bonus is available for new customers only and cannot be withdrawn until the customer has met certain trading volume requirements.
May 17 2023
When it comes to Admiral Markets, they offer a wide range of instruments and attractive services, right? I'm curious about the number of instruments available for trading on their platform. Can you shed some light on how diverse their instrument ion is? I mean, it's always great to have a variety of options to choose from when it comes to trading. Additionally, while considering a broker, it's crucial to look into the deposit and withdrawal process. So, could you provide some insights into how easy it is to make deposits on Admiral Markets? I'm interested in knowing about the conditions, fees, payment methods, and any minimum requirements involved. It's always good to have a clear picture of these aspects before diving into the trading journey! Let's discuss it further!
Nov 25 2023
I'm curious about the various account options in Admiral Markets. What caught my attention is that for the Trade.MT5 and Zero MT5 accounts, the minimum deposit is $25, while for Invest.MT5 accounts, it's only $1, as mentioned in the article. I'd like to understand the differences between Trade.MT5, Zero MT5, and Invest MT5 accounts.
Nov 29 2023
The differences between Trade.MT5, Zero MT5, and Invest.MT5 accounts at Admiral Markets lie in their specific features and intended use:
Trade.MT5 Account:
Zero MT5 Account:
Invest.MT5 Account:
The choice between these accounts depends on your trading style, preferences, and objectives. If you actively trade and prioritize specific trading conditions, the Trade.MT5 or Zero MT5 accounts might be more suitable. On the other hand, if you're more inclined toward a passive or investor-oriented approach, the Invest.MT5 account could be a better fit. To gain more information about those types of account, just read some articles here:
Feb 24 2024
Hey there, I'm eager to dive deeper into the deposit and withdrawal processes. From what I've gathered in the article, it seems the broker typically strives to process deposits promptly, aiming for the same business day turnaround. However, there are occasional hiccups stemming from issues with banks or service providers that can't always be avoided. Consequently, this can lead to delays, particularly noticeable when it comes to withdrawals, which might end up feeling sluggish. I'm curious if anyone could elaborate on the underlying reasons behind these occasional snags in the process, as it could help me better understand the dynamics at play.
Feb 28 2024
Hey there! Delays in the withdrawal process, especially those caused by banks or service providers, can be attributed to several factors. One common reason is the standard procedures followed by financial institutions to ensure security and compliance with regulations. Banks often have stringent protocols for verifying and processing transactions, which can introduce delays, particularly when dealing with international transfers or large sums of money. Additionally, technical issues or high volumes of transactions can also slow down processing times. Furthermore, certain withdrawal methods may inherently take longer to complete due to the nature of the transaction, such as wire transfers compared to electronic payment methods. Therefore, while the broker strives to expedite the withdrawal process, external factors beyond their control may contribute to occasional delays.