Overview of Admiral Markets
Admiral Markets Group, founded in 2001, is a large corporation providing financial services to clients around the globe. The investment companies of this group, operating under the brand name Admiral Markets, are reputable brokers in the market for forex and CFDs trading and are all licensed by the most prestigious regulatory bodies.
Australia-based Admiral Markets Pty Ltd is a brokerage firm providing direct services to Vietnamese investors, licensed and regulated by ASIC – Securities and Exchange Commission. Investment Australia, license number 410681. The other two companies are incorporated in the UK and Cyprus, licensed by FCA and CySEC, license numbers 595450 and 201/13 respectively.
Admiral Markets is one of the very few forex brokers licensed by all three of the world's leading reputable regulatory agencies, investors who open an account here can be assured of the safety of their accounts.
Trading platform
MT4 and MT5 are 2 basic trading software provided at the exchange. These are also the 2 most widely used platforms around the world today. Only with MT4 or MT5, you can trade with basic to advanced features, maximum support for chart analysis tools, friendly and easy-to-use interface, giving investors a from the best experiences.
Some features on MT4 software:
- 3 types of price charts and 9 timeframes
- 4 types of pending orders
- Over 50 technical indicators and charting tools
- System of EAs and the ability to test strategies
- Provide daily news
MT5 software was born later, designed on the basis of MT4 and developed some new features such as:
- 21 time frames
- 6 types of pending orders
- Nearly 80 technical indicators and chart analysis tools
- Economic calendar
- Show market depth
Both MT4 and MT5 can be used on many devices such as computers, phones, ipads and directly on the web. In addition, trading on the MetaTrader platform makes it possible for investors to take advantage of all the great services offered by the MQL5 Community platform.
In addition, Admiral Markets also provides its clients with MetaTrader Surpreme version, which will be integrated into MT4 or MT5, which includes many outstanding features, enhancing the customer experience.
The two most prominent features and tools on the MetaTrader Surpreme version are the Trading Central technical analysis indicator and the Global Opinion utility.
Trading Central : is a set of technical analysis indicators combined with advanced opinion analysis, helping traders control investments and optimize strategies. Trading Central also provides excellent buy and sell signals, enabling traders to find the best trading opportunities.
Global Opinion : This utility helps harness the power of news psychology across the market, reducing the time and effort spent on daily news research. In addition, this widget also provides a very useful tool, Market Alerts, which will display new trading ideas that are often difficult to identify. obtained by traditional methods, suitable for all levels of investors. This tool makes it easy to find trading ideas, selectively highlighting the signals that best suit one's style and needs.
Another analytical support tool that Admiral Markets offers its clients is Premium Analytics. This tool is free to use on the client's personal management page. Investors can stay up to date with market news, technical analysis, economic calendar and market sentiment indicators compiled from many global economic and financial institutions such as Dow Jones, Trading Central and Acuity.
Account Type
Account
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Features
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Admirals trade account: best for day traders
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- Availability: Under CySEC, FCA, ASIC, JSC, and FSCA.
- Markets: Forex, CFD forex, indices, futures, commodities, bonds, ETFs, stocks (3350+ in total).
- Commissions: You will get charged spreads from 0.5 pips on forex,commissions on stocks of 0.02 USD on stocks, and a rollover fee if you hold your position overnight.
- Platforms: MetaTrader 4 and 5. Note that stocks and ETFs are available only on the MT5 platform.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 under FSCA, JSC and up to 30:1 under FCA, CySEC, ASIC.
- Special features: Admirals cashback (not available under FSCA) with a rate of 1 USD per million USD of notional volume; Admirals wallet (not available under FSCA) where you can control your funds from your wallet.
- Account opening: An Admiral’s trade demo account is available and whenever you’re ready to open a live account, there is a $100 minimum deposit.
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Admirals zero account: best for scalpers
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- Availability: Under CySEC, FCA, ASIC, JSC and FSCA.
- Markets: Forex, CFD metals, CFD energies, CFD cash index (61 in total).
- Commissions: You will get charged spreads from 0.0 pips on forex, commissions from $0.50 to $3 per lot on forex, commodities, cash indices, and a rollover fee if you hold your position overnight.
- Platforms: MetaTrader 4 and 5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 under FSCA, JSC; up to 30:1 under FCA, CySEC, and ASIC.
- Special features: Admirals cashback and Admirals wallet (not available under FSCA).
- Account opening: An Admirals zero demo account is available and if you wish to switch to a live account, there is a $100 minimum deposit.
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Invest account: best for real assets traders
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- Availability: Under CySEC, FCA, ASIC and JSC
- Markets: Real stocks and ETFs (4,550+ in total).
- Commissions: Commissions from 0.02 USD on shares and ETFs.
- Platforms:
- Trade size: n/a.
- Leverage: No leverage.
- Special features: No islamic account available. The Invest account is not available under FSCA. The main feature is the low shares trading features, as well as cashback rebate and Admirals wallet.
- Account opening: An Admirals invest demo account is also available, with $1 minimum deposit when you open the live version.
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Professional account: best for professional traders
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- Availability: Under CySEC, FCA and ASIC.
- Markets: It depends on the account type choice.
- Commissions: Spreads from 0 or 0.5 pips depending on your account choice; commissions from 0.02 USD on stocks with the Invest account; commissions from $0.50 to $3 per lot on forex, commodities, cash indices with the Zero account; rollover fees if you hold the position overnight.
- Platforms: MetaTrader4 and 5. The Invest Account is available only on the MT5 platform.
- Trade size: from 1 micro lot.
- Leverage: up to 1:500.
- Special features: Cashback rebates, Admirals wallet, higher leverage; specialized trading tools.
- Account opening: A Pro demo is available. The minimum deposit depends on the account type you choose, from $1 for the Invest up to $100 for the Zero and Trade.
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Islamic account: best for Islamic traders
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- Availability: Under CySEC, FCA, ASIC, JSC and FSCA.
- Markets: Forex, CFD forex, indices, futures, commodities, bonds, ETFs, stocks (3350+ in total).
- Commissions: Spreads depending on the account type choice; No rollover fee if you hold a position overnight.
- Platforms:
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500 under FSCA, JSC; up to 30:1 under FCA, CySEC, ASIC.
- Special features: The invest and zero account are not available with an Islamic account, neither is the MT4 platform. You can find some restrictions, so contact Admirals in case.
- Account opening: The Islamic demo account is available. Should you want to open a live account, you need to make a minimum deposit of $100.
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Leverage, commissions and spreads
Lever
Admiral Markets only allows investors to trade with a maximum leverage of 1:500, this is not a low rate, however, compared to many other forex brokers , this ratio is just average. , where the highest leverage is currently used up to 1: several thousand.
Leverage rate also depends on the type of product and the balance on the account.
Forex, indices, gold, silver and crude oil are the products that use the highest leverage 1:500, the rest are lower and are as follows:
- Copper, platinum, palladium: 1:100
- Agricultural products 1:50
- Stocks and Cryptocurrencies are 1:5
With the dependence of the leverage on the account balance, Admiral Markets also has quite detailed regulations for each type of product. You can learn more about the margin requirements for each product by account balance on the exchange's website.
Commission
Admiral Markets charges a commission on some products for all 3 account types.
- Admiral.Markets account: from 0.01$ per share and ETF
- Admiral.Prime account:
+ Forex and metals: from 1.8 – 3$ per 1 lot
+ Cash index: 0.05 – 3$ per 1 lot
+ Energy: 1$ per 1 lot
- Admiral.MT5 account: from 0.01$ per share and ETF
Commissions at Admiral Markets are ranked among the top brokers with the lowest fees on the market.
Spread
This forex broker offers average spreads from the general market. Spreads on Admiral.Markets and Admiral.MT5 accounts are almost the same.
The table above is the average spread (pip) of some major forex pairs. During times of market volatility, spreads will widen, however, that is the general situation of most brokers but in general the spreads at Admiral Markets most of the time trading under normal market conditions are low.
Admiral Market Fees
There are also different trading fees you must consider before placing trades. As we explained with the spreads, fees differ from one broker to another. Some admiral market fees include:
Trading Commission Transaction Fees
Brokers that offer forex ECN and STP trading accounts charge commission. This can range between $1.8 – $3 per 1 lot traded. A traditional MT4 account is commission-free since traders pay swaps and spreads. However, Admiral Markets charge a commission of a percentage of CFDs on shares and ETFs.
Swap Trading Fees
Traders that hold their trades or positions overnight must pay swap. The swap is an interest fee that is credited or debited to you at the end of the day. Admiral Markets overnight fees is calculated based on the market you are trading.
Inactivity Fee
Admiral Markets charges 10 EUR monthly on the account of clients with a positive balance and who have been inactive for more than a year. If your account is not greater than zero, you don’t need to worry about the fee. Admiral Markets does not charge platform fees, account maintenance fees, and real-time data feeds.
Currency Conversion Fee
Admirals clients must pay for internal transfers between different trading accounts that don’t have the same base currencies. The fee is 1% of the total amount.
Other fees you don’t have to worry about are the Admiral Markets withdrawal fees and deposit fees. In other words, you won’t need to pay anything when you deposit or withdraw from the platform. Admiral Markets offer three payment and withdrawal methods – bank transfer, Visa or Mastercard, and perfect money. Regardless of the channel, you won’t pay any fees or commissions to accounts with the same base currency. Speaking of debit cards, did you know that Admiral Markets has its own debit card?
Customer Service
Admirals customer service is available via several channels and is generally good quality. It provides helpful answers, although response times could be improved.
You can contact Admirals (Admiral Markets) via:
FAQ's
What are the opening hours for Admiral Markets customer support?
For email support, you can email the Admiral Markets support team at any time, but responses may take up to 24 hours. Phone support is available during market hours, from Monday to Friday 9am-8pm GMT.
Is Admiral Markets regulated?
Yes. Admiral Markets is a financial firm that has been carefully regulated to ensure the safety of your funds. Admiral markets complies with all major regulatory bodies like FCA, ASIC & CySEC in addition to having licenses from EFSA/MiFID which gives them extra protection for you.
Is Admiral Markets available in all countries?
Admiral Markets is an international forex and CFD broker that welcomes traders from all over the world. However, their services are unavailable in the United States, Canada, Japan, Singapore, Iran, Turkey, Malaysia, and Jamaica.
Is Admiral market a good broker?
Yes. Admiral Markets is a large broker with sharp regulation and good standing. The account opening process can be done digitally, allowing for easy access to your trading tools across both MT4 (for those who prefer this mode) or MT5 platforms which has better features like education & research 24/7 support.
