Admiral Markets

Admiral Markets was founded in 2001 and is viewed as a prominent Forex and CFD broker, operating in over 40 countries. It is viewed as a safe broker, being regulated in four countries, notably including by the FCA in the UK. For its platform, it is one of the global brokers that only uses Meta Trader, but stands out amongst these brokers with its strong offerings of education, research and add-on tools (Trading Central, Dow Jones News and Acuity Trading).

In this review, we will look at regulation, account types, fees and more.

Admiral Markets Rebranding Notice:

As of 2021, the broker known as Admiral Markets underwent a rebranding and is now known simply as Admirals. The change marked what the firm refers to as a natural step in the evolution of the brand and an expansion of the firm’s core mission.

Admirals relaunched with the aim of providing more solutions to help clients manage spending, investment, and money management in a way that suits their individual personal finance needs and objectives. The company has stressed that while its name and logo have changed, it will be continuing to use its 20 years of experience in the financial markets to serve its international client base.

Admiral Markets Review Navigation

• Trust and Regulation
• Offering of Tradeable Products
• Fees/Commissions
• Trading Platform
• Mobile Offering
• Education
• Research
• Customer Support
• Overview

#1 Forex

Admiral Markets offers clients access to a wide mix of currency pairs, competing with other notable brokers, offering majors, minors, and emerging markets. In full, there are 50 currency pairs to trade, with leverage rates of up to 1:30 for Retail Clients (and 1:500 for Professional Clients)

Trading spreads start from as low as 0 pips (yes zero), with some notable trading features such negative balance protection (which helps traders minimise their market risk by preventing their accounts from sliding into a negative amount).

#2 CFD

If you are focused on equity markets, then you can trade CFDs on a total of 44 stock market averages (19 cash indices and 25 index futures). Plus, there are CFDs on over 3400 individual stocks from an assortment of global markets. All of the major stock exchanges are available, include the New York Stock Exchange (NYSE), London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE). Leverage of up to 1:5 is available for retail clients.

With Admiral Markets, you can also trade CFDs on the popular commodities with leverage up to 1:20 for Retail Clients. In total, there are 28 commodities to choose from, including: Agriculture (7), Commodity Futures (11), Energies (4) and Metals (6).

#3 Stocks

Admiral Markets offers trading in individual stock CFDs, plus on the actual stocks themselves and ETFs via the MT5 Invest account. There are over 3400 stock CFDs available to trade across global markets, including the New York Stock Exchange (NYSE), London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE). Retail clients have access of up to 1:5 leverage on the individual stock CFDs.

#4 ETFs

Trust and Regulation

Admiral Markets is authorised and regulated by two of the world’s leading financial regulatory bodies, ensuring a safe trading experience for its clients. They are authorised in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities & Investment Commission (ASIC). They are also regulated in Cyprus and Estonia.

Trust and regulation	Admiral Markets
Regulated in how many countries	4
Year established	2001
Publicly traded	N

These regulators require Admiral Markets to fully segregate traders’ accounts from company funds, adhere to strict anti-money laundering and capital requirements, comply with ‘know your client’ procedures, as well as a host of other stringent measures designed to protect traders. Admiral Markets is not a publicly listed company.

Offering of Tradeable Products

As mentioned above, the product offering from Admiral Markets includes 50 currency pairs, 44 stock market averages, over 3400 individual stock CFDs, 28 commodities and 32 cryptocurrencies CFDs. This is a strong offering when compared to many of their peers.

Via the MT5 Invest account it is also possible to invest directly into 4000 stocks and also between 200-500 ETFs (dependent on whether you are a retail or professional client).

Admiral Markets do not, however, offer trading in or actual ownership of cryptocurrencies.

Product offering	Admiral Markets
How many Forex Pairs offered	50
How many Stock Indices offered	44
How many Individual stocks offered	3400
How many Bonds offered	2
How many Commodities offered	28
How many Crypto pairs offered	32

Fees/Commissions

There is no account opening fee, but Admiral Markets does charge an inactivity fee of €10 per month if you have not made any transactions in the previous 24 months. Transfers to bank accounts of the same base currency are not charged, but you will pay a 1% exchange fee to transfer funds to a bank account with a different base currency. Most accounts can make two free withdrawal requests each month, although as mentioned some wire transfer withdrawals will involve modest charges.

Fees/ Commissions	Admiral Markets
EUR/USD average spread	0.6 pips
EUR/USD minimum spread	0.0 pips
Minimum account opening deposit	€100
Withdrawal Fee	Yes
Inactivity Fee	Yes

The Admiral Markets MT4 and MT5 accounts have no commission, but as with most CFD brokers, clients will pay a dealing spread when they enter or exit a trade. Spreads are very competitive due to Admiral Markets having a STP (Straight Through Processing model), which gives its clients direct market access. Admiral Markets provides agency execution meaning it doesn’t have a dealing desk or take internal risk.

The Admiral Markets MT5 Trade account (or MT5 Invest for exchange-traded stocks) provides the broadest number of markets to trade, whereas those focused on just on Forex may gravitate to the Admiral Zero MT4 or MT 5 accounts. The lowest all-in cost (spreads plus any commission) are found in the Admiral Zero accounts, but which have a far smaller range of tradeable markets.

Unless you have an Islamic account, you may be charged rollovers (or swaps) fees. This should be taken into consideration by traders who hold trades overnight. These fees are levied when holding a long position on the lower interest rate currency in a pair overnight and also on open overnight positions on various non-Forex CFDs.

Trading Platform

Admiral Markets is a MetaTrader broker and offers the full suite of MetaTrader platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Both trading platforms are available for download on Windows and OS X and are also available as a web-based client (MT WebTrader) that you can use in your browser.

In addition, both the MT4 and MT5 platforms have a free MetaTrader Supreme Edition plugin that extends the platform’s capabilities and works on both live and demo accounts. The MetaTrader Supreme Edition plugin includes news events on the chart, and various other trading and analysis widget.

Admiral Markets also offer volatility protection settings, which include:

• Limit maximum price slippage on market and stop orders.
• Limit or fully avoid losses on pending orders falling into price gaps.
• Get filled on larger orders by enabling the partial fills and allowing to fill your orders part by part.
• Execute limit orders and take-profits even on instant price spikes by transmitting them as market orders.
• Avoid order activation due to spread widening, when there`s no actual movement in market.

Platform feature	Admiral Markets
Own platform	No
Demo account offered	Yes
MT4	Yes
MT5	Yes
cTrader	No
Chart Indicators	53
Chart drawing tools	33

Mobile Offering