Admiral Markets Review 2024| Can This Broker Be Trusted? (2024)

Admiral Markets Expert Reviewnbsp;

In this comprehensive review of Admiral Markets as of 2024, TU experts delve into the platform's features, account types, fees, and regulatory aspects. Covering everything from educational resources to advanced trading tools, the article provides a detailed breakdown for both new and experienced traders. Learn about the latest updates, technology, and diverse platforms offered by Admiral Markets. Whether you're exploring account types, considering fees, or seeking a suitable trading platform, this review equips you with valuable insights for your trading journey.

Frequently asked questions about Admiral Markets

Is Admiral Markets a reliable trading platform?

Yes, Admiral Markets is a reputable and regulated platform with over 23 years of experience, offering secure trading services globally.

What account types does Admiral Markets provide?

Admiral Markets offers various accounts such as Trade. MT4/MT5, Invest. MT5, Zero. MT4/MT5, Prime, and Islamic accounts, catering to different trading needs and preferences.

How does Admiral Markets ensure user security?

Admiral Markets prioritizes user security through measures like negative balance protection, segregated client funds, and compliance with regulatory standards, ensuring a safe trading environment.

What educational resources are available on Admiral Markets?

Admiral Markets provides a range of educational materials, including articles, tutorials, webinars, and courses, empowering traders with the knowledge needed for successful trading.

Who is Admiral Markets

Admiral Markets is a global financial trading platform and broker that was founded in 2001. With its headquarters in the UK, it has become a prominent player in the online trading industry, serving over 10,000 retail investors in Forex and CFDs trading. The platform offers a range of tools for online trading, focusing on various assets such as forex, indices, metals, shares, and commodities.

Admiral Markets has gained popularity over its 23-year history, attracting a diverse customer base. One notable feature is its negative balance protection, which is appreciated by many online traders. The platform is known for its user-friendly interface and social trading solutions, making it suitable for both experienced and new investors.

Technology is a key aspect of Admiral Markets, supporting trading on various platforms, including MT4, MT5, Mac, Web Trader, and mobile apps. The platform is recognized for its fairness, transparency, and regulation by authorities such as the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Financial Services Licence (AFSL), and Jordan Securities Commission (JSC).

Admiral Markets provides a wide range of resources for traders, including in-house research and third-party partnerships. Their trader resource department offers valuable insights for newcomers, helping them understand the financial markets better. Overall, Admiral Markets caters to a diverse range of traders and is considered a reliable choice for those seeking a well-diversified approach to online trading.

Experts have highlighted below platforms offered by Admiral Markets.

Admiral Markets Platforms

Admiral Markets provides traders with a comprehensive set of offerings that extend beyond its diverse range of platforms. Here are key aspects that contribute to the overall trading experience:

• Multi-Asset Trading: Traders can access a broad array of instruments, including Forex, CFDs on stocks, indices, commodities, and cryptocurrencies.
• Competitive Pricing: Admiral Markets prides itself on offering some of the industry's most competitive spreads and commissions, ensuring cost-effective trading.
• Risk Management Tools: The platform provides essential risk management tools such as negative balance protection and stop-loss orders, helping traders safeguard their capital.
• Educational Resources: Traders can enhance their skills and knowledge through Admiral Markets' extensive library of articles, webinars, and video tutorials, fostering continuous learning and growth.
• Multilingual Support: With 24/5 customer service available in multiple languages, users can receive assistance whenever needed, contributing to a more accessible and user-friendly experience.

When it comes to choosing the right platform, Admiral Markets acknowledges that there is no one-size-fits-all solution. The decision should be based on individual preferences and needs. Here are some factors to consider:

• Trading Experience: Beginners may find the simplicity of WebTrader appealing, while seasoned traders may benefit from the advanced features of MT5 SE.
• Trading Style: Day traders might prioritize platforms with advanced order types and rapid execution, whereas long-term investors may require less functionality.
• Technical Requirements: Desktop platforms like MT5 may demand more resources compared to the more lightweight WebTrader.

In the quest to find the most suitable platform, Admiral Markets encourages users to demo each option. This hands-on approach allows traders to assess comfort levels and alignment with specific trading goals.

Pros and Cons of using Admiral Markets

Pros

• Low forex CFD fees make trading cost-effective.
• Free and fast deposit and withdrawal processes enhance convenience.
• Straightforward account opening for an easy start.
• Highly rated by users, reflecting positive experiences.
• Regulated by reputable authorities for secure trading.
• Over 23 years of experience in the trading industry.
• Accessible customer support via phone, email, and live chat.
• Offers negative balance protection for risk management.
• No withdrawal or inactivity fees, promoting cost efficiency.
• Allows trading of cryptocurrencies, metals, and energies.
• Employs over 100 dedicated professionals.
• Features social trading and copy trading options.
• Permits scalping and hedging strategies.
• Client funds are segregated for enhanced security.

Cons

• Limited product portfolio mostly focused on CFDs.
• Inactivity fee applicable, impacting inactive accounts.
• Customer service not available 24/7.
• Does not offer guaranteed stop loss for added security.
• Does not allow commodity trading, limiting options.
• Leverage restrictions for retail traders without "professional" status.
• Withdrawal fee is charged, affecting cost considerations.

Admiral Markets Account types

Admiral Markets extends a variety of account types, each tailored to distinct trading needs and experience levels. Dive into the specifics of each account below for a comprehensive understanding:

Trade.MT4 amp; Trade.MT5

Best Suited for

• Newcomers and budget-conscious traders.

Key Features

• No commission with competitive spreads (average EUR/USD spread 1.3 pips).
• Start with a minimum deposit of €200.
• Trade Forex, CFDs on stocks, indices, commodities, and cryptocurrencies.
• Leverage up to 1:500 (varies based on the instrument and regulatory constraints).
• Safeguard your balance with negative balance protection.
• Execute basic order types.

Invest.MT5

Best Suited for

• Long-term investors and those eyeing fractional share investing.

Key Features

• No commission with competitive spreads (average EUR/USD spread 0.8 pips).
• Begin with a minimum deposit of €100.
• Dive into fractional shares investing.
• Access stocks and ETFs.
• Leverage up to 1:500 (depending on the instrument and regulations).
• Benefit from negative balance protection.
• Execute basic order types.

Zero.MT4 amp; Zero.MT5

Best Suited for

• High-volume traders and those chasing narrower spreads.

Key Features

• Commission per lot ($3 USD for Forex) alongside tight spreads (average EUR/USD spread 0.1 pips).
• Set up with a minimum deposit of €200.
• Access Forex and CFDs on precious metals.
• Leverage up to 1:500 (subject to the instrument and regulations).
• Negative balance protection.
• Utilize advanced order types.

Prime

Best Suited for

• Professional traders and institutional clients.

Key Features

• Tailored commissions and spreads.
• Direct market access (DMA) execution.
• Enhanced leverage (up to 1:1000).
• Dedicated account manager and personalized service.
• Minimum deposit of €20,000.

Islamic Accounts

Best Suited for

• Traders adhering to Sharia law principles.

Key Features

• Swap-free (commission-free) rollovers on overnight positions.
• Full compliance with Islamic principles.
• Available across various account types.

Admiral Markets Fees and Commission

Forex Spread for Currency Pairs

Admiral Markets Regulations and Licensing

To ensure comprehensive regulatory coverage and client protection, Admiral Markets strategically operates under multiple licenses across diverse jurisdictions. Here's an overview of their main entities and respective licenses:

Admiral Markets UK Ltd

• Registered in England and Wales (No. 08171762).
• Authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom.
• This license extends its coverage to clients residing in the UK and the European Economic Area (EEA).

Admiral Markets Cyprus Ltd

• Registered in Cyprus (No. HE310328).
• Authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).
• This license caters to clients outside the UK and EEA.

Admirals AU Pty Ltd

• Registered in Australia (No. ACN 637 707 957).
• Licensed by the Australian Securities and Investments Commission (ASIC).
• This license facilitates services for clients within Australia.

Admiral Markets Jordan Ltd

• Registered in Jordan (No. 57026).
• Authorized by the Jordan Securities Commission (JSC).
• This license serves clients in Jordan.

In addition to their varied licensing structure, Admiral Markets is committed to several key compliance measures:

• MiFID II Compliance: The company adheres to the Markets in Financial Instruments Directive (MiFID II), prioritizing investor protection and transparency.
• Negative Balance Protection: All Admiral Markets accounts are equipped with negative balance protection, ensuring that clients cannot lose more than their initially deposited capital.
• Segregated Client Funds: Client funds are meticulously kept separate from company funds and are held in regulated bank accounts, providing an additional layer of security.
• Regular Audits and Reporting: Admiral Markets undergoes routine audits by its regulatory bodies, reinforcing its commitment to compliance and maintaining financial stability.

Admiral Market Educational services

Admiral Markets is committed to providing a wealth of educational resources for traders, regardless of their experience level. On their website, traders can find a variety of learning materials, including articles, courses, webinars, and more. One notable offering is the free "Zero to Hero" program, specifically designed to guide beginners through the basics of Forex trading in a 20-day curriculum.

The educational resources cover a wide range of topics, from the fundamentals of Forex and CFD trading to advanced concepts. The materials are presented in various formats, ensuring accessibility and catering to diverse learning preferences.

Admiral Markets continues to enhance its educational offerings with a detailed breakdown

Free Resources

• Articles and Tutorials: In-depth content and video tutorials covering trading basics, technical and fundamental analysis, risk management, and platform guides.
• Glossary of Terms: An extensive glossary to clarify financial terms and trading jargon.
• Daily Market Commentary: Stay updated on market trends with free daily reports and video updates.
• Technical Insight™ (MT5 SE): Access actionable technical analysis, market forecasts, and sentiment indicators directly within the MT5 SE platform.
• Webinars: Join live webinars hosted by experienced analysts, featuring interactive learning and Q&A sessions.
• Podcasts: Informative podcasts covering trading strategies, market insights, and interviews with industry experts.

Paid Resources

• Super Trader Course: A comprehensive, step-by-step course for acquiring the skills and knowledge necessary for successful Forex trading.
• Forex Begins Course: A self-paced course perfect for beginners, covering the fundamentals of Forex trading.
• Master of Trading Course: Dive into advanced strategies and analysis techniques with this in-depth course.
• One-on-One Coaching: Personalized guidance and mentorship from experienced trading coaches tailored to individual needs.

Additional Services

• Seminars: Live seminars and workshops hosted by Admiral Markets in various locations, offering interactive sessions and networking opportunities.
• Trading Community: Connect with fellow traders through Admiral Markets' online forum and social media communities to share experiences and insights.
• Demo Accounts: Practice trading strategies and test platforms risk-free with access to free demo accounts across all account types.

Admiral Markets features

Admiral Markets stands out with a comprehensive array of trading features tailored to accommodate diverse styles and preferences. Here's an in-depth breakdown of their latest features, ensuring you stay informed before embarking on your trading journey:

Market Access

• Wide Asset Selection: Trade across Forex, CFDs on stocks, indices, commodities, cryptocurrencies, and more, providing sufficient opportunities for diversification.
• Multi-Platform Support: Choose from MetaTrader 4, MetaTrader 5, WebTrader, or their proprietary platform (currently in beta) to find the interface that aligns with your preferences.
• Real-Time Data: Stay ahead with access to live market updates and news feeds, enabling swift reactions to market movements and informed decision-making.

Trading Tools and Features

• Technical Analysis: Explore wide range of technical indicators, drawing tools, and customizable charts for in-depth market trend analysis and identification of potential trading opportunities.
• Order Types: Execute strategies with precision using stop-loss orders, take-profit orders, trailing stops, and various other order types.
• Leverage Up to 1:500: Depending on your instrument and regulatory constraints, access high leverage to increase potential returns (with due consideration to associated risks).
• Negative Balance Protection: Benefit from essential risk management, ensuring your losses cannot exceed your deposited capital.
• Volatility Protection Settings: Manage risk effectively with unique volatility protection tools, safeguarding positions against unexpected market swings.

Advanced Features

• MetaTrader Supreme Edition (MT5 SE): Elevate your trading experience with exclusive features such as Technical Insight™, Connect news feed, advanced order types, and more (available as a paid add-on for MT5 users).
• Expert Advisors (EAs): Automate your trading strategies with custom scripts on MT4 and MT5 platforms.
• One-Click Trading: Execute trades swiftly and conveniently, saving time with this efficient feature.
• Fractional Share Investing: Invest in stocks and ETFs with any amount, even less than one share (available through Invest. MT5 account).
• Premium Analytics: Access Dow Jones News, sentiment analysis, and trading signals from Trading Central (available with certain account types).

Additional Highlights

• Tradeable Symbols: Admiral Markets offers 6,942 tradeable symbols across CFDs, forex pairs, and exchange-traded securities via the Admiral Invest account.
• Expanded MetaTrader 5 Offering: Nearly 3,800 tradeable symbols across various asset classes on MetaTrader 5.
• Increased Crypto Assets: Admiral Markets has introduced fractional shares and expanded the number of crypto assets available to 47.

Steps to Open an Admiral Markets Account