Admiral Markets is a Forex and CFD broker established in 2001. With 19 years on the market, Admiral Markets is one of the pioneers in online trading. Admiral Markets is regulated and holds licenses from FCA (Registration Number 595450) in the United Kingdom, CySEC (License Number 201/13) in Cyprus, ASIC (ABN 63 151 613 839) in Australia and EFSA (License Number 4.1-1/46) in Estonia.
Admiral Markets Instruments and Trading Environment
Admiral Markets enables trading in 7 asset classes. These include 50 currency pairs, almost 3,500 international equities, 28 commodities from metals to agricultural commodities, 19 cash indices and 24 index futures, 2 bond futures, 396 ETFs and 22 crypto currency/fiat currency pairs as well as 10 crypto currency pairs (e.g. ETH/BTC).
The Admiral Markets website provides detailed information on all instruments, including a chart with various time frames and the respective contract information, such as minimum margin, swap, spreads or any commissions, trading hours of the instrument, etc., in a clearly structured manner. The easy access to all instruments and their specifications provides a real added value that sets the broker apart from many of his competitors.
Admiral Markets available Trading Platforms
For trading platforms, Admiral Markets, like most online brokers, relies on the MetaTrader platforms from MetaQuotes. At Admiral Markets, traders can choose between the MetaTrader 4 and MetaTrader 5 platforms, whereby the broker's account models are linked to one of the two platforms. Admiral Markets also offers both MetaTrader platforms in the Supreme Edition for free download.
While the standard versions of the MT4 and MT5 platforms already provide all the necessary functions for virtually all types of traders, the MetaTrader Supreme Edition makes these trading platforms a high-end product for online trading. The Supreme Edition adds many features that make trading much easier for beginners and professional traders and provide much more options for successful trading. These capabilities include market sentiment display for individual instruments, mini-terminal that simplifies and accelerates the execution of trades with all required settings, an economic calendar and real-time news directly in MetaTrader and with Trading Central's Technical Insight™ is a fantastic tool for technical analysis directly integrated into MetaTrader.
MetaTrader 4 is available at Admiral Markets for Windows and Mac OS X systems, and as a mobile app for iPhone and iPad at the Apple App Store and for Android smartphones and tablets at Google Play. The MetaTrader 5 platform is not yet available for Apple systems and mobile devices, making it available for download only for Windows PCs. Those who do not want to install a trading platform or access trading from different devices can do so with the MT WebTrader, which can be used in any popular browser.
Account Types offered by Admiral Markets
With Admiral Markets, traders can choose the trading account that suits them from 4 different account types. Below is a detailed description of the different trading accounts.
MetaTrader 4 Account Types
MT4 Account Admiral.Markets
With the Admiral.Markets trading account, traders can trade 133 instruments from 8 asset classes on the MT4 trading platform. These are: 37 currencies, 5 crypto currency CFDs, 4 spot metals CFDs, 3 spot energies CFDs, 3 index future CFDs, 16 cash index CFDs, 63 equity CFDs and 2 interest CFDs. The maximum leverage at Admiral Markets is 1:30 for Forex trading, 1:20 for indices trading for Retail Clients and 1:500 for professional traders in accordance with the regulatory requirements for Retail Clients. Professional clients must prove their qualifications in accordance with the official requirements.
The spread for this account type starts at 0.5 pips and for stock CFDs and EFT CFDs a commission of USD 0.01 per CFD per half-turn is payable. A commission of at least USD 0.02 per CFD is due for the round turn of a position (opening and closing the position). The minimum order size in Forex trading is 0.01 lots and the maximum is 100 lots. The maximum number of open and pending orders is 200. A stop Out is made at 50% of the tied margin for retail investors and at 30% for professional traders. The minimum distance of a Stop Loss, Take Profit or Pending Order to the current price is 0 pips and orders are executed by market execution. The minimum deposit for an Admiral.Markets account is 200 EUR/USD/GBP/CHF.
MT4 Account Admiral.Prime
With the Admiral.Prime account, traders have access to a total of 61 instruments from 4 asset classes with the MT4 platform. These are broken down into: 45 currencies, 3 spot metals CFDs, 10 cash index CFDs and 3 spot energies CFDs. The maximum leverage at Admiral Markets is 1:30 for Forex trading, 1:20 for indices trading for Retail Clients and 1:500 for professional traders in accordance with the regulatory requirements for Retail Clients. Professional clients must prove their qualifications in accordance with the official requirements.
The Admiral.Prime account works with a combination of a small spread and a commission that is due on the execution of a trading operation. The spread starts at 0 pips and the average spread for the EUR/USD currency pair is only 01 pips. The commission per lot traded is from USD 1.80 to USD 3.00 for Forex and metals, from USD 0.05 to USD 3.00 for cash indices and USD 1 per lot for spot energy. The commission is payable on both opening and closing a position.
The minimum order size in Forex trading is 0.01 lots and the maximum is 200 lots. The maximum number of open and pending orders is 200. A Stop Out is at 50% of the tied margin for retail clients and at 30% for professional traders. The minimum distance of a Stop Loss, Take Profit or Pending Order to the current price is 0 pips and orders are executed by market execution. The minimum deposit for an Admiral.Prime account is 200 EUR/USD/GBP/CHF.
MetaTrader 5 Account Types
MT5 Account Admiral.MT5
With more than 3,400 tradable instruments from 10 asset classes, the Admiral.MT5 account offers traders the best opportunities for diversified online trading. Traders can choose from the following instruments: 37 currencies, 32 crypto currencies CFDs, 5 spot metals CFDs, 3 spot energies CFDs, 7 agricultural commodities CFDs, 7 index future CFDs, 19 cash index CFDs, over 3000 equity CFDs over 300 ETF CFDs and 2 interest CFDs. The maximum leverage at Admiral Markets is 1:30 for Forex trading, 1:20 for indices trading for Retail Clients and 1:500 for professional traders in accordance with the regulatory requirements for Retail Clients. Professional clients must prove their qualifications in accordance with the official requirements.
The spread for this account type starts at 0.5 pips and for equity CFDs and EFT CFDs a commission of USD 0.01 per CFD per half-turn is payable. A commission of at least USD 0.02 per CFD is due for the round turn of a position (opening and closing the position). The minimum order size in Forex trading is 0.01 lots and the maximum 100 lots. The maximum number of open and pending orders is 500. A stop out is made at 50% of the tied margin for retail investors and at 30% for professional traders. The minimum distance of a Stop Loss, Take Profit or Pending Order to the current price is 0 pips the orders are executed by market execution. The minimum deposit for an Admiral.MT5 account is 200 EUR/USD/GBP/CHF.
MT5 Account Admiral.Invest
With Admiral.Invest, traders have the opportunity to trade more than 4,000 Stocks as well as over 200 ETFs for retail investors and over 500 ETFs for professional traders via Exchange Execution. Accordingly, no leverage can be applied with this account (it's just 1:1). The minimum margin required for trading shares is 20% for retail clients and 10% for professional traders. The spreads in this account model start at 0 pips, but if we take the Commerzbank stock as an example, the minimum spread for this stock is 5 pips and on average 9 pips. In addition to the spread, there is a commission of 0.2%, but it is at least EUR 8 for Commerzbank shares. The minimum deposit for the Admiral.Invest account is only 1 Euro. However, anyone who has already dealt with trading in stocks knows that this is only a symbolic amount and that a significantly higher deposit is required for serious stock trading.
Admiral Markets Education and Tools for Traders
Educational Resources
Admiral Markets offers a wide range of educational resources for beginners, going far beyond the usual introductions to trading currencies and CFDs. First, there are the very extensive FAQs, which, in addition to questions about trading platforms and trading practice, even deal with questions about the tax treatment of profits in online trading. In addition, there is an alphabetically arranged glossary of almost all important terms from the world of finance and trading.
For beginners, the 21 day course "From Zero to Hero" is certainly recommended, which deals with all the important questions for a successful entry into online trading. From the right hardware and software to psychology and emotions, broker selection and money and risk management. The webinars, which take place daily at different times and on different topics, promise a more practice-oriented education and give a real insight into the markets and live trading.
Tools and support for traders at Admiral Markets
With the MetaTrader Supreme Edition, Admiral Markets already provides a decent number of tools. On the website you will find a few more tools like an economic calendar or a market heat map. Support is also provided by the technical and fundamental analyses published on the website on various markets. These include analyses of currency pairs such as EUR/USD and indices such as DAX30 and Dow Jones.
Deposits and Withdrawals at Admiral Markets
Admiral Markets offers all popular payment methods for deposits and withdrawals. In detail these are (fees, minimum amount and maximum amount per 24 hours in brackets): Bank transfer (payout 2x free per month / no minimum or maximum), Visa and MasterCard (free / 50 Euro, USD, GBP, CHF / 5.000 Euro, USD, GBP, CHF), Skrill (0,9% min 1 EUR / 50 Euro, USD, GBP, CHF / 10.000 Euro, USD, GBP, CHF), Neteller (0,9% min 1 EUR / 50 Euro, USD, GBP, CHF / 10.000 Euro, USD, GBP, CHF), Klarna (free / 50 EUR,GBP / 10.000 EUR,GBP).
Admiral Markets Support and Customer Service
As a global broker, Admiral Markets provides support and customer service in many languages. Support is provided via the London office and can be reached via live chat, e-mail, the contact form on the website and by telephone (+44 20 35 140 756). A special feature of Admiral Markets is that the broker offers remote support in case of problems with the MT4 or MT5 trading platform. For this purpose, the appropriate software must first be downloaded and installed and then the Admiral Markets Support must be contacted.
Screenshot Admiral Markets Website
Admiral Markets - Final Rating
As an online broker, Admiral Markets is not only convincing in individual points, but also with its overall package. With regulation by FCA in the UK and CySEC in Cyprus for EU clients and ASIC in Australia for global clients, Admiral Markets proves that it is a reputable broker who values the security of its clients and their funds. Traders will find tradable financial instruments from many different asset classes at absolutely competitive conditions. The MetaTrader 4/5 trading platforms convince with the provided Supreme Edition and offer real support to traders in active trading. In addition, there is comprehensive support for beginners and experienced traders, as well as a minimum deposit of only 200 EUR/GBP/CHF/USD, which allows beginners to gain and expand experience in real trading without a large investment.
