Admiral Markets Global comes with a lot of features to accommodate all kinds of traders across the world. Is this broker safe? What benefits they offer?
With a global presence that has been around since 2001, Admiral Markets is considered one of the most popular brokers across the globe. This broker aims to provide clients with a lot of benefits in trading and education as well. Of course, as a licensed and regulated trading provider, Admiral Markets comes with layers of financial protection for its clients.
What most people don't know is that this broker operates in many jurisdictions, including the UK, Australia, the European area, and even the Kingdom of Jordan too. Then what about other traders from outside those countries? Well, that's what Admiral Markets Global is for.
Meet Admiral Markets Global
Admiral Markets Global is also known as Aglobe Investments Ltd. The company is registered as a Securities Dealer by the Financial Services Authority of Seychelles under license number SD073. According to the legal statement on the official website, Aglobe Investments Ltd (Registration Number 8426894-1 ) has been licensed and approved to operate under the brand "Admiral Markets".
There is a number of interesting features offered by this broker, but here are some notable conditions to look forward to:
1. Trading Accounts
Normally, brokers assign different trading accounts for different kinds of traders. It is important for traders to check out brokers' trading account types before they apply to one. The reason is that each account might have different conditions. Some accounts might not be suitable for certain traders. As for Admiral Markets Global, the trading accounts are divided according to their trading platforms. There are two trading platforms available, which are MetaTrader5 and MetaTrader4.
Account types in the MT4 platform include Trade.MT4 and Zero.MT4. Just like the name suggests, Zero.MT4 comes with 0 spread, while Trade.MT4 has a minimum spread of 1.2 pips. The minimum deposit for each account is $25.
On the other hand, the MT5 platform comes with an additional account of Invest.MT5. Through this feature, traders can trade stocks and ETFs with 0 pip spreads and a $1 minimum deposit.
Admiral Markets Global comes with a wide range of leverage. Their leverage for forex is 1:3 up to 1:1000, while for indices, traders can use a leverage from 1:10 to 1:500. There are no requirements to apply as a professional client to enjoy high leverage since the regulator (Seychelles' FSA) does not apply such a restriction.
A lot of traders get overwhelmed when they started learning about trading. There are a lot of things to learn and sometimes it's hard to find out where to begin. Should they start reading about technical strategies? Is it too advanced for new traders? Admiral Markets Global tries to help traders learn through different education methods.
For traders who love to read, Admiral Markets offered a bunch of articles that cover the basics of trading, analysis, strategy, indicators, and many more. For those who prefer a more interactive learning, they can apply for webinars. Admiral Markets Global also provides a glossary for traders to understand the meaning of each term in the trading and investment world.
4. Deposits and Withdrawal
Deposit and withdrawal play a bigger part than most people believe. Admiral Markets Global offers deposits and withdrawals through bank wire, Skrill, Neteller, Visa & MasterCard, Perfect Money, and Cryptocurrency. There are no deposit fees for all funding transactions except for bank wire. Traders will be required to pay 25 EUR or USD for bank wire deposits except for deposits over 1000 EUR or USD. Nevertheless, Admiral Markets offers a welcome bonus for new traders.
As for withdrawals, traders will have one free withdrawal request every month. After that, they will be charged 2% ( minimum 1 Euro). That condition applies to all methods except for Visa and MasterCard which has a 5 EUR or USD charge fee after the free request is used up.
5. Trading Products
Choosing a multi-asset brokerage is always a good idea. The reason is that traders have more options when it comes to trading instruments. Admiral Markets Global is widely known as a CFDs provider. Therefore, it is quite ideal for them to have over 50 forex CFDs, 43 indices CFDs, 3000+ share CFDs, more than 370 EFT CFDs, commodity CFDs, Cryptocurrency CFDs, and Bonds CFDs.
Additionally, Admiral Markets Global allows traders to buy their favorite stocks at a fraction of the price via Fractional Shares. In this case, traders can buy S&P500, NASDAQ, DAX40, and more global indices for just 1 EUR or 1 USD. A fractional share can be as small as 1/100 of a full share price, making it an affordable way to diversify traders' portfolios in the stock market. It is also possible to receive dividend payments on dividend stocks on a pro-rata basis.
6. Financial Security
Security is a crucial factor to check before applying to a broker. After all, the broker will be entrusted with the client's money. Admiral Markets Global keeps the trader's money in specifically segregated client accounts at internationally recognized banks. This way, the client's money will remain safe. In addition to that, the Admiral Markets' funds protection insurance policy has been effective since July 1, 2022. All traders are eligible for a higher protection level of up to 100.000 USD. Negative Balance Protection is also a safety feature that has been integrated with the broker's system.
Considering there is a lot of fraud happening these days, Admiral Markets Globals make sure their trader have a place to report such cases. Traders can contact them from Monday through Friday, 24 hours a day, at +2484671940 regarding potential fraud. Admiral Markets also strongly advises traders to activate their two-factor authentication for the Trader's Room account.
7. Special Feature
Admiral Markets Global provides copy trading for all kinds of traders. The copy trading platform allows traders to be a part of a leading community of traders and investors. Here, traders can pick providers based on their win ratio, profit chart, average ROI, and other data in their profile. On the other hand, traders can also try to become trading providers as well to gain passive income every time another trader subscribes to their trades.
Conclusions and Recommendations
With such flexible and accommodating trading conditions, it is clear that Admiral Markets Global aims to cater to worldwide traders. Their regulatory basis may not be as credible as Admiral Markets UK and Admiral Markets Australia, but their financial security measures are just as solid. Overall, Admiral Markets Global's strength lies in their capability to welcome new traders with small minimum deposits and high leverage.
To understand Admiral Markets Global better, check out the table below.
|🏦Company||Aglobe Investments Ltd|
|💼Regulation||Financial Services Authority (FSA) of Seychelles under license number SD073|
|💡Minimum Order Size||0.01|
|💰Account Currencies||AUD, USD, EUR, GBP, BRL, MXN, CLP, SGD, THB, VND|
|💻Trading Platforms||MetaTrader 4, MetaTrader 5|
|📱Mobile Trading||Android, iOS|
|🔄Hedging||Allowed in all accounts except Invest.MT5|
|♻️Negative Balance Protection||Available in all accounts except Invest.MT5|
|🕋Islamic Account||Only available in Trade.MT5|
|💳Deposit and Withdrawal Methods||Bank Wire, Skrill, Neteller, Visa & MasterCard, Perfect Money, and Cryptocurrency|
|🛒Products||Forex, Forex CFD, Index CFDs, Share CFDs, Bond CFDs, Cryptocurrency CFDs, and Commodity CFDs|
|🔎Research and Analysis|
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: Learn, Trade, and Invest. 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.