Admiral Markets Review 2022

Founded in 2001, the Admiral Markets Group has had an illustrious history charting an uncluttered path of innovation and growth. Currently, the brokerage has an active presence in not a few countries globally, besides service clients in 130 countries. This Admiral Markets review looks at a broker celebrating two decades in the market. 

On their 20th anniversary eve, the brokerage will be rebranding to Admirals. As the brokerage firm ventures forth into a new era, it will expand its product offering. In addition, the firm is setting out to define how the client approaches personal finance through the introduction of integrated solutions for spending, investing, and money management. 

There will be cosmetic changes at first, as the name, logo, and the look of the firm seeks to reflect the rebranding. However, Admiral Markets are convinced that they have found recognition as a leading CFD and Forex broker globally. Even as the rebranding progresses, the broker will expand their product range to add more cutting edge services, transforming into a comprehensive personal finance provider. 

Admiral Markets aims at providing forward-thinking and innovative solutions for those wishing to simplify their finances. 

Pros and Cons:

Pros 

  • Expert advisors;
  •  MetaTrader Supreme Edition Add on; 
  • One-click trading; 
  • Volatility protection settings; 
  • Market depth (level 2 pricing); 
  • Market News & Analysis by Dow Jones; 
  • Economic Calendar; 
  • Trading Central. 

Cons

 Insufficient customer support. 

Is Admiral Markets Scam: Regulations

Admiral Markets UK Ltd is registered in England and Wales per Companies House – registration number 08171762. Authorised and regulated by the Financial Conduct Authority, Admiral Markets UK Ltd carries the registration number 595450. Admiral Markets UK Ltd registered address is 60 St Martins Lane, Covent Garden, London, UK, WC2N 4JS. 

Admiral Markets Cyprus Ltd, registered in Cyprus, carries the company registration number 310328, with the Registrar of Companies and Official Receiver. Authorised and regulated by the Cyprus Securities and Exchange Commission or CYSEC, Admiral Markets Cyprus Ltd bears the license number 201/13. Admiral Markets Cyprus Ltd has its registered address at Dramas 2, 1st Floor, 1077 Nicosia, Cyprus. 

Admiral Markets Pty Ltd is registered for business in Australia under ABN 63 151 613 839. It is also licensed to offer financial services in Australia, borne out by AFSL (Australian Financial Services License) 410681. 

The Jordan Securities Commission or JSC authorises and regulates Admiral Markets AS Jordan Ltd. The brokerage has, therefore, the right to conduct investment business in Jordan. The registration number is 57026. Admiral Markets AS Jordan Ltd has its registered office at Time Centre Building, Eritrea Street, Um Uthaina, Amman, Jordan. 

Admiral Markets Trading Account Types

Admiral Markets is truly cutting edge since the broker has fully embraced the MetaTrader 5 trading platform, even as it continues utilising the MetaTrader 4 trading platform. Unsurprisingly, there are two sets of trading account types across the two trading platforms. 

Accordingly, we see the MT5 platform has the following trading accounts 

  • Trade. MT5; 
  • Invest.MT5; 
  • Zero.MT5. 

Admiral Markets Account Opening

Account opening is facilitated thru an ‘open an account button. Registration takes place in the Trader’s Room. Upload asked for documents. Fill in the ‘Open an Account form. 

Making a deposit – opt for a convenient payment method. Fill in the ‘Deposit Funds’ form. Check your account balance. 

Start trading – download the MetaTrader platform. Log in with your account credentials. 

Admiral Markets Trading Platform

MT5 Web Browser

Launching the MetaTrader 5 web platform enables traders to start trading immediately with any operating system. Linux, Windows, Apple Mac are all equally compatible.

Following are the characteristics of the MT5 Web Browser

  • 24 graphical objects,
  • 30 technical indicators,
  • 9 timeframes,
  • Historical & real-time quotes.

MT5 for Windows Desktop

This version of the famous MetaTrader5 offers the following features an unlimited number of charts, 21 time-frames, one-minute quote history; full set trading orders; 80+ built-in technical indicators; fundamental analysis; MetaTrader Market trading applications; Built-in MQL5 development environment for powerful Algo trading.

MT5 for Apple OSX Desktop

A dedicated MetaTrader 5 desktop app that brings the entire functionality of the Windows version straight to your Apple OSX.

Apple iPhone and iPAD for MT5

The app permits you to connect straight to the YLD Fx server, get currency quotes and stock prices, analyse the markets and trade.

Trading stocks, futures, and Forex globally; two trading systems- netting and hedging; pending orders, stop orders, full trade order set; 21 timeframes, 3 chart types; 24 analytical objects, 30 indicators; financial news, push notifications, alerts.

There’s an extended version for tablets available.

Admiral Markets Trading Instruments

  • 40 currencies, 
  • 3 Energy CFDs, 
  • 5 Metal CFDs, 
  • 7 Agriculture CFDs, 
  • 11 Commodity Futures, 
  • 24 Index Futures CFDs, 
  • 3350+ Stock CFDs, 
  • 19 Cash Index CFDs,
  •  2 Bonds CFDs, 
  • 300+ ETF CFDs. 
  • Stocks 4350+; 
  • ETFs 200+. 

Admiral Markets Commission & Spreads

  • ETF CFDs and Single Shares – from 0.02 USD per share.
  • Stocks and ETFs from 0.02 USD per share.
  • Spread, pips from 0.5. 
  • Spreads, pips from zero, at Zero.MT5 trading account.

Admiral Markets Leverage

  • Forex leverage 

Retail Clients 1:30-1:20.

  • Leverage indices 

Retail clients 1:20-1:10. 

Admiral Markets Deposit and Withdrawal

There are a number of options for deposit and withdrawal .These include 

  • Bank transfer/bank wire; 
  • Klarna; 
  • Visa; 
  • PayPal; 
  • Skrill; 
  • Neteller; 
  • SafetyPay; 
  • Przelewy; 
  • iBank & BankLink; 
  • iDeal. 

Opening a live or demo account comes free. 

The inactivity fee is EUR 10 each month. 

Admiral Markets Educational and Research Support

Like enthusiasts would like to say, Admiral Markets has tons and tons of educational material. Their research support is substantial, too. 

There are three levels of educational material aimed at corresponding trader maturity levels. More than a dozen articles and tutorials treat a variety of topics:

  • Forex Basics; 
  • Forex Analysis; 
  • Forex Strategy; 
  • Forex Indicators; 
  • Trading Psychology; 
  • Trading Software;
  •  Automated Trading; 
  • All about DAX Trading;
  • Fundamental Analysis;   
  • CFD Trading;
  •  General Trading; 
  • Shares; 
  • ETFs;

There are online courses, completely free of charge. 

Admiral Markets brings in experts to reply to traders’ queries thru live webinars. 

There’s a Trader’s Glossary so that all definitions are at your fingertips. 

You can enrol in the Forex 101: The Forex and CFD Trading Course. Then, you can test your newfound knowledge thru the free demo account. 

The Analytics page bears several research tools. 

Admiral Markets Customer Support

Admiral Markets proffer multilingual custom support between 8 to 1900 GMT+2, 5 days each week, thru email, live chat, and phone. There’s a contact form on the ‘Contact Us’ page. The broker is on Whatsapp for your text messages.

The trading desk has an Estonian number: +3726309 306.

Client queries has a UK number: +442033180895. 

Final Verdict:

If you are looking for low-cost access to the widest markets, Admiral Markets is your broker. There are more than 8000 instruments on offer for trading. Unfortunately, client support is sometimes not as prompt as one would like. Definitely, a bit more could be done to enhance the usefulness of the education segment even more.

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