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.

Admiral Markets Deposit

 

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:

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:

  1. 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.
  2. 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.
  3. 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.

🌐 Website
admiralmarkets.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$1
Year Established
2001

Bonus offers
Trading contests
Free education
Trading by telephone
PAMM
MAM
Segregated accounts
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
Swap
Low spread eur/usd
VPS
Copy Trading
Neteller
PayPal
Skrill
Wire transfer

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.