Admiral Markets is a leading forex broker with over 20 years of experience. Read this guide to know how to start trading in Admiral Markets.

Opening account in Admirals

Becoming a forex trader is now easier than ever. Thanks to online brokers, now anyone with an internet-connected device can access the market whenever they like. Aside from that, there are plenty of trading tools available to help traders make better analysis and generate higher returns.

Now, in order to start trading with a broker, you'll need to sign up and create a trading account. In this article, we're going to talk about how to open an account in Admiral Markets, starting from the registration process all the way to placing your first order.

 

Introduction to Admiral Markets

Admirals, or Admiral Markets, is an established broker that has been around for over 20 years. Today, the broker has expanded its business globally with headquarters in the UK and offices in various countries including Cyprus, Jordan, and Australia. Over 48,000 clients worldwide with a total asset of at least $82 million have been using Admirals' service. And as a result of its global influence, Admirals is fully authorized by several top-tier financial watchdogs.

Admirals is often regarded as a giant broker with sharp regulation and excellent trading conditions. The broker offers thousands of tradable products, which mainly include forex pairs, CFDs, cryptocurrencies, stocks, and ETFs. The spreads are also among the lowest in the industry right now.

🌐 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

 

Account Verification Requirements

Besides offering many interesting features, opening an account at Admirals is also very quick and user-friendly. The process is fully online, so you can register from anywhere.

In order to fully activate your account, you must complete full account verification. In other words, you must provide a scanned copy of several government-issued documents according to the broker's conditions. This is actually a pretty common requirement in regulated brokers as a part of their compliance with anti-money laundering laws imposed by the authorities.

At Admirals, there are two types of documents that you'll need to provide, namely:

 

1. Proof of Identity

In order to verify your identity, you'll need to upload one of the following documents:

  • Valid Passport
  • Valid Driver's License
  • Valid Government-issued National ID

 

2. Proof of Address

In order to verify your address, you'll need to upload one of the following documents (must be within the last 3 months):

  • Bank Statement
  • Utility Bill

Please note that if the broker cannot electronically identify and verify a client's information based on the submitted documents, the broker may ask for additional documents such as certified or notarized documents for further confirmation.

 

Steps to Open an Account in Admiral Markets

The account opening process in Admirals is actually quite straightforward. Here's an easy step-by-step guide to help you get started:

1. Head over to the Admirals website and click "Start trading" on the top right corner or the "Sign Up" button in the middle of the screen.

Step 1

 

2. Enter your email address and click "Sign Up". Alternatively, you can log in by using your Google or Facebook account. You can choose any option that you prefer as it won't affect the service that you'll get.

Step 2

 

3. Create a strong password for your Trader's Room (the member area of Admiral Markets). Make sure that it has at least 8 characters and contains numbers, uppercase and lowercase letters, as well as special characters.

Step 3

 

4. Choose your country of residence and click "Continue".

Step 4

 

5. You will be redirected to the login page in order to log in to your Trader's Room. If you log in with your email, you'll need to check your email inbox and verify the email address by clicking the activation button.

Step 5

 

6. Login to Admiral Markets by using your verified email address and password. You can always reset your password anytime you like by clicking "Forgot Password".

Step 6

 

7. Once you successfully logged in, find the option to complete your application.

Step 7

 

8. Select under which condition you would like to register, either as an individual trader or a legal entity. Keep in mind that the requirements for both options are different. Read and accept the terms and conditions, then click "Next".

Step 8

 

9. Select your country of residence.

Step 9

 

10. Enter your phone number. You'll receive a 6-digit code via SMS or phone call, then enter the code to verify your phone number.

Step 10

Step 10a

 

11. Fill in your personal information, such as your name, citizenship, date of birth, and gender. Once you're done, click "Next".

Step 11

 

12. Add your full address.

Step 12

 

13. Enter your unique taxpayer reference number.

Step 13

 

14. Answer some questions regarding your financial conditions, such as your annual income, liquid assets, monthly financial capabilities, average deposit, and source of funds. Don't worry though, this is just a standard procedure from Admiral Markets to ensure that you don't take on trades and investments that you can't afford.

Step 14

After that, you would also be required to provide some additional information such as educational level and employment status. It's better to answer the questions truthfully as it will help the broker to adjust their services and offerings based on your conditions.

 

15. Read and agree to the terms and conditions to proceed to the next step.

Step 15

 

16. Once you complete Admiral Markets' registration form, it's time for identity verification. Click "Upload Documents".

Step 16

 

17. Click "Upload Documents" under each category to find the files on your computer. Make sure that the scanned copies are clear and the documents are not expired.

Step 17

After submitting the documents, you'll need to wait for the broker to review them. This process can take up to a few hours. In the meantime, you can open a demo account to get familiar with the trading platform and the broker's features.

 

18. After you passed the verification process, you'll be able to open a live account. Go to your Trader's Room, click "Dashboard" on the side menu, and scroll down until you find the option to "Open Live Account".

Step 18

 

19. Choose under which condition that you'd like to continue, whether as a retail trader or professional. There are several extra benefits that you can get by being a professional, but there are also some additional requirements to fulfill. Make sure to choose the category that fits you the most.

Step 19

 

20. Configure your account details. If you want to trade CFDs, choose the option "Trading" and choose the account type. If you want to invest in real shares and ETFs, choose the option "Investing".

Step 20

 

21. Scroll down and your account type, leverage, and base account currency. Then create a password for your new account. Once you're done, click "Open New Professional/Retail Account".

 

22. Congratulations! You have opened a live trading account. You can immediately fund your account and start trading.

Step 22

 

Final Thoughts

Having more than 20 years of experience in the industry, Admiral Markets undoubtedly only offers high-quality services and excellent trading conditions for all clients worldwide. The broker also has various features like educational resources and demo accounts for beginners and advanced trading tools for professionals.

As you can see in this article, the account opening process is very fast and easy to follow. Just keep in mind that in order to start trading, you need to verify your account first by providing the required documents. Once your account is verified, you can immediately fund your account and access the broker's full feature.

 


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.