Admirals

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	Official Website
Leverage	1:500
Minimum Deposit	$100
Regulation	FCA, ASIC, CySEC, EFSA
Year Established	2001
Payment Methods	Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, Klarna
Trading Assets	Forex, Indices, Shares, Commodities, Cryptocurrencies, ETFs
MT4	✅
MT5	✅
Spreads	Extremely Low
Average cost: EUR/USD	0.4 pips
Demo Account	✅
Islamic Account	✅
CopyTrading	✅
ZuluTrade	❌
Scalping	Yes
Signals	✅
EAs/Robots	Available
Negative Balance Protection	Yes
Deposit Fee	❌
Withdrawal Fee	❌
Contact Information	Email: [email protected], Phone: +44 20 7726 4003
Address	Näo 3, 10414 Tallinn, Estonia
Rating	★★★★☆ 4.5
Website	Official Website

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9	eToro
10	IC Markets

Pros and Cons

Admirals: In-Depth Review and Analysis

Admirals, formerly Admiral Markets, is a reputable online broker offering a diverse range of financial instruments including forex, stocks, indices, commodities, cryptocurrencies, and ETFs.

Established in 2001, it has built a solid reputation in the trading industry, providing secure and reliable trading services for both novice and experienced users.

With offices in major financial hubs around the world, the firm operates under a robust regulatory framework, ensuring a safe and transparent trading environment.

This review provides a comprehensive analysis, covering its regulatory status, trading platforms, account types, fees, customer support, and more.

The goal is to offer an in-depth understanding of its offerings, helping traders make informed decisions about whether this broker meets their trading needs.

Regulation and Safety

Regulation is a key factor in determining the reliability and trustworthiness.

Admirals is regulated by several prominent financial authorities, which enhances its credibility and assures traders of a secure trading environment.

Regulatory Bodies

The company is overseen by the following regulators:

• Financial Conduct Authority (FCA) from the UK: Known for stringent rules that protect investors, including client fund segregation and mandatory participation in compensation schemes.
• Australian Securities and Investments Commission (ASIC) from Australia: Ensures the broker adheres to strict operational and financial standards.
• Cyprus Securities and Exchange Commission (CySEC) in Cyprus: Regulates the activities within the EU, enforcing compliance with European financial laws.
• Estonian Financial Supervisory Authority (EFSA) from Estonia: Offers additional regulatory oversight, further enhancing client security.

Client Protection Measures

• Segregated Accounts: Admirals ensures client funds are kept separate from company funds, which protects client money in case of financial difficulties.
• Negative Balance Protection: This feature prevents investors from losing more than their initial deposit, which is especially important in volatile markets.
• Compensation Schemes: For clients under FCA regulation, coverage up to £85,000 is provided through the Financial Services Compensation Scheme (FSCS). Similar protections are available through other regulators.

These regulatory measures ensure that it operates with high standards of safety and transparency, providing peace of mind to people across its global operations.

Trading Platforms

Admirals offers two of the most popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Both platforms are renowned for their comprehensive trading tools, user-friendly interfaces, and robust analytical capabilities.

MetaTrader 4 (MT4)

MT4 is widely used by forex traders due to its reliability and simplicity.

It is equipped with numerous tools that cater to both beginners and professionals.

• Key Features:
• Technical Analysis Tools: Over 30 built-in indicators and customizable charts.
• Automated Trading: Supports Expert Advisors (EA), enabling automated trading strategies.
• User-Friendly Interface: Simple navigation with advanced charting options.

MT4 is particularly well-suited for forex and CFD trading, offering a familiar and efficient platform for executing trades.

MetaTrader 5 (MT5)

MT5 is an upgraded version of MT4, designed to offer more comprehensive trading options, including a broader range of asset classes.

• Key Features:
• Extended Asset Classes: Access to stocks, commodities, and futures in addition to forex and CFDs.
• Advanced Order Types and Tools: Includes more timeframes, depth of market (DOM), and built-in economic calendar.
• Enhanced Charting and Analysis: More technical indicators and graphical objects for detailed analysis.

Platform Comparison:

Both platforms are available on desktop, web, and mobile, providing flexibility and convenience for traders to manage their accounts from anywhere.

Admirals also enhances these platforms with proprietary plugins, adding additional functionalities like advanced order management and sentiment indicators.

Account Types and Features

This broker offers 5 account types, each designed to meet the specific needs of different clients.

The accounts vary by minimum deposit requirements, spreads, commissions, and available leverage, allowing traders to choose an account that best fits their trading style.

Overview of Account Types

Detailed Account Analysis

• Trade.MT4 Account: Suitable for those looking for a simple, spread-only pricing model. It offers high leverage up to 1:500 for professional clients and does not charge commissions on forex and CFDs.
• Zero.MT4 Account: Aimed at traders who prefer tighter spreads, this account features spreads starting from 0.0 pips with a commission per trade. It is ideal for scalpers and those using high-frequency trading strategies.
• Invest.MT5 Account: Designed for stock and ETF investors, this account offers access to thousands of shares with a low minimum deposit. The commission structure is transparent and competitive, making it attractive for long-term investors.
• Trade.MT5 Account: Offers the broad capabilities of MT5, including access to a wide range of asset classes. This account is suitable for investors who want to diversify their trading across multiple instruments.

Each account type also offers the option for Islamic trading conditions, catering to individuals who require swap-free accounts in compliance with Sharia law.

Trading Instruments

Admirals provides an extensive range of trading instruments, allowing traders to diversify their portfolios across different markets.

The broker offers access to forex, indices, commodities, stocks, ETFs, and cryptocurrencies, catering to a wide range of trading preferences.

Available Asset Classes

• Forex: Over 40 currency pairs, including major, minor, and exotic pairs. This variety allows traders to engage in numerous forex trading strategies, from trading major pairs like EUR/USD to exploring more volatile exotics.
• Indices: Includes leading global indices such as the S&P 500, NASDAQ 100, DAX 30, and FTSE 100. These indices offer exposure to broader market movements without the need to trade individual stocks.
• Commodities: A selection of both hard and soft commodities, including gold, silver, crude oil, and agricultural products. Commodities offer opportunities for hedging and speculation based on market demand and supply dynamics.
• Stocks and ETFs: Thousands of stocks from major global exchanges, along with a wide variety of ETFs. These instruments allow for diversified trading and investing across various sectors and markets.
• Cryptocurrencies: Popular digital currencies including Bitcoin, Ethereum, and Ripple. Cryptocurrency trading offers high volatility and the potential for significant returns.

Asset Comparison:

The broad selection of assets allows everybody to diversify their portfolios and implement various trading strategies across different markets.

Fees and Commissions

Fees and commissions are a crucial consideration as they directly impact profitability.

Admirals is known for its competitive fee structure, although costs vary depending on the chosen account type and trading instruments.

Overview of Fees

1. Spreads: This broker offers variable spreads, with standard account spreads starting from 0.5 pips on major forex pairs. Zero accounts can offer spreads from 0.0 pips but with associated commissions.
2. Commissions: Commissions vary by account type:
   • Zero.MT4 Account: Commissions from $1.8 per lot per side.
   • Invest.MT5 Account: Commission structure starts from $0.01 per share, making it competitive for stock traders.
3. Swap Rates: Swap rates apply to positions held overnight, except for Islamic accounts. Admirals provides a transparent swap rate schedule available directly on their platforms.
4. Deposit and Withdrawal Fees: The firm generally does not charge fees for deposits or withdrawals on most methods, but third-party fees may apply.
5. Inactivity Fee: A fee of $10 per month is charged after 24 months of inactivity, which is standard practice but should be noted by less active traders.

Fee Comparison Table:

Its competitive pricing structure, especially on its Zero accounts, appeals to traders looking to minimize costs without compromising on trading conditions.

Leverage and Margin Requirement

Leverage allows users to increase their market exposure with a smaller initial investment.

Admirals offers flexible leverage options, tailored to the trader’s location and the asset class being traded.

Leverage Highlights

• Forex Leverage: Up to 1:500 for professional clients and up to 1:30 for retail clients under ESMA regulation. This range balances the potential for higher returns with risk management considerations.
• Indices and Commodities: Leverage up to 1:500 is available, offering flexibility for clients looking to maximize their exposure to these markets.
• Stocks and ETFs: Leverage up to 1:20, aligning with regulatory standards aimed at reducing risk in more volatile markets.
• Cryptocurrencies: Leverage up to 1:5, reflecting the high risk associated with this asset class.

Margin Requirements

Margin requirements depend on the chosen leverage and the asset class.

Admirals provides real-time margin updates within the trading platforms, ensuring that investors are aware of their current margin status at all times.

The broker also offers a margin calculator on its website, which helps anybody determine their margin requirements based on trade size and leverage.

The flexibility in leverage options caters to both conservative traders and those looking to maximize their market impact with higher leverage.

Deposit and Withdrawal Options

Efficient and reliable fund management is critical for a seamless trading experience.

Admirals offers many deposit and withdrawal options, making it convenient for users to manage their accounts.

Available Payment Methods

• Bank Transfer: Typically processed within 1-3 business days, suitable for larger transactions.
• Credit/Debit Cards: Includes Visa and MasterCard, with instant deposit processing and withdrawals typically within 1-3 business days.
• E-Wallets: PayPal, Skrill, and Neteller offer near-instant deposits and withdrawals, preferred for their speed and ease of use.
• Klarna: Available in selected regions, providing an additional flexible deposit option.

Payment Method Comparison:

The broker’s broad selection of payment methods and the lack of deposit and withdrawal fees enhance the overall user experience, making it easy and cost-effective to fund trading accounts.

Customer Support

Reliable customer support is a vital aspect of a broker’s service.

The company offers support through multiple channels and in several languages, reflecting its commitment to serving a global clientele.

Support Channels

• Live Chat: Available on the website for immediate assistance, providing quick responses to general inquiries.
• Email Support: Clients can contact the firm via email for more complex queries that may require detailed explanations. Admirals typically respond within 24 hours.
• Phone Support: Regional phone numbers are available, allowing clients to speak directly with a support representative, ideal for urgent or specific issues.
• Help Center: The comprehensive help center on the website offers a wealth of resources, including FAQs, guides, and platform tutorials.

Their customer support is well-regarded for its responsiveness and professionalism, ensuring that customers can resolve any issues quickly and efficiently.

Education and Research Tools

Admirals places significant emphasis on education, providing a range of resources to help participants improve their skills and knowledge.

This focus on education is beneficial for professionals of all experience levels.

Educational Resources

• Webinars and Seminars: Regularly scheduled webinars hosted by market experts cover a wide array of topics, from basic trading principles to advanced strategy development.
• Articles and Video Tutorials: A comprehensive collection of articles and videos is available, offering insights into market analysis, trading psychology, and platform usage.
• Trading Glossary: A detailed glossary that helps traders, especially beginners, understand common terms and jargon in the trading world.
• Admirals Academy: A structured learning path guiding students from basic concepts to advanced trading techniques.

Research Tools

Admirals provides several research tools integrated within its platforms, enhancing its ability to make informed decisions.

• Market Analysis: Daily and weekly reports offer insights into market trends, economic events, and potential trading opportunities, prepared by experienced analysts.
• Economic Calendar: Integrated within MT5, it highlights key economic events that could impact the markets, aiding in fundamental analysis.
• Trading Signals and Indicators: The firm offers tons of advanced indicators and trading signals, supporting clients with actionable insights based on technical analysis.

These resources and tools equip traders with the knowledge and skills needed to navigate the financial markets effectively.

Security and Technology

In the realm of online trading, security is paramount.

This company employs industry-standard security measures to protect client funds and data, ensuring a safe trading environment.

Security Measures

• SSL Encryption: All communications and transactions are encrypted using SSL technology, protecting sensitive information from unauthorized access.
• Segregated Client Funds: The company keeps client funds in segregated accounts, separate from their operational funds, ensuring protection in the event of financial difficulties.
• Two-Factor Authentication (2FA): Available for added security when accessing trading accounts, providing an extra layer of protection against unauthorized access.

Platform Reliability

Admirals uses high-performance servers and robust data centers to ensure platform stability and minimal downtime.

Their investment in technology supports fast order execution and low latency, enhancing the overall trading experience.

Promotions and Bonuses

Unlike some brokers that offer extensive promotions and bonuses, it adheres to strict regulatory guidelines that limit such incentives, especially in regions governed by ESMA regulations.

Instead, this one focuses on providing competitive trading conditions and high-quality service.

Regulatory Compliance

By foregoing typical deposit bonuses or other promotions, Admirals maintains a commitment to transparency and compliance.

This approach aligns with their focus on long-term client relationships, prioritizing sound trading practices over short-term incentives.

While this may seem like a drawback compared to brokers that offer more aggressive promotional schemes, it reflects their dedication to ethical trading and client protection.

Conclusion

Admirals is a versatile and reliable broker that caters to a wide range of trading needs.

Its robust regulatory framework, diverse trading platforms, and comprehensive selection of instruments make it an excellent choice for both novice and experienced traders.

Its commitment to transparency, client security, and ongoing education further cements its reputation as a trustworthy firm.

The variety of account types and competitive fee structure cater to different trading styles, whether you are looking to trade forex, invest in stocks, or explore other asset classes.

The emphasis on security and regulatory compliance ensures a safe trading environment, while the extensive educational and research resources provide valuable support for continuous learning and improvement.

In summary, Admirals offers a well-rounded trading experience with a balanced approach to costs, security, and service excellence.

Whether you are just starting your trading journey or looking to diversify your trading portfolio, Admirals provides the tools, resources, and support necessary to succeed in the financial markets.

FAQ

Resources

• Official Website: Admiral Markets
• Admiral Markets Facebook
• Admiral Markets YouTube
• Admiral Markets Twitter
• Admiral Markets Instagram
• Phone: +44 20 8157 7344

User Reviews

Article written, edited and reviewed by

Adam Rosen

Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.

Andrew Blumer

Andrew Blumer is a finance pro who's got money matters down to a science.
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Alternatives

Rank	Broker	Review
1	xChief
2	XTB
3	Exness
4	RoboForex
5	FBS
6	XM
7	JustMarkets
8	Markets.com
9	eToro
10	IC Markets

Last updated: September 5, 2024