Website: http://admiralmarkets.com/
Country: United Kingdom
Regulation: CySEC, FCA, ASIC, FSCS
Established: 2001
If you’re talking about the most experienced CFD Brokerage, then the admiral markets broker has been ruling the market of cryptocurrency since 2001.
Today, the company has “Thousands of active traders” worldwide. The headquarters of Admiral Markets Broker is in Tallinn, Estonia. But they have many offices in different parts of the world including London and Zagreb.
Admiral Markets broker is considered an “Average-Risk” investment place with a trust score of “83/99.” They aren’t publicly operated and don’t operate any bank as well.
They have the most advanced and easy-to-use trading tools. Also, Admiral is offering different account types for “each individual” to meet their needs and wants.
What’s more, you can trade many cryptocurrencies, metals, commodities, and indices on the platform.
Admiral gives traders access to major markets to buy/sell cryptocurrencies, indices, commodities, and shares. But this access is completely dependent on “What kind of account you’ve selected for trading.”
Before we talk about the account types, is the platform regulated or safe for investment?
Regulation and Licensing of Admiral Market Broker
We all know “there are many scams going on in the crypto field” and most of the people with no “Prior Knowledge” of crypto are now hesitating to invest in the field.
But guess what? Admiral Market Broker is completely safe to invest in. Just like the many “Payment Gateways” around the globe, they are regulated by the CySEC and FSC.
If you’ve any doubts about the regulation, they do have a license number “C113012295” and you can check it on FSC to confirm.
Additionally, they protect your account from going to a negative balance. If your trading strategy isn’t working, it won’t be a burden on you.
Let’s now talk about the account types of Admiral Market Broker.
Account Types of Admiral Markets Broker
Interested in opening an account on Admiral Markets Broker? Then you’ve two different types of accounts to choose from. One more oriented to the small investor. Another more oriented to the larger or even professional investor. You can choose the account that suits you the best and then start trading on financial markets right away.
The two types of account that admiral markets broker offers are:
- Standard Account
- ECN Account
We will be breaking down the information for the two types in a table, which will help you understand and compare the features more easily.
Standard Account
| Forex Standard Account, MT4 | Forex Micro Account, MT4 | |
| Currency | USD / EUR / GBP / NGN | USD / EUR / GBP / NGN |
| Leverage | Starting From 1:1000 | Fixed 1:400 |
| Maximum Deposit Limit | No | No |
| Commission | No | No |
| Minimum Deposit | $100 | $5 |
| Execution Type | Instant Execution | Instant Execution |
| Spread | From 1.2 | From 1.7 |
| Margin Calls | 60% | 50% |
| Stop Out | 40% | 30% |
| Swap Free | Yes | Yes |
| Limit and Stop Levels | 1 Spread | 1 Spread |
| Pricing | Five Decimals for FX Trading, Two Decimals for Spot Metals | Five Decimals for FX Trading, Two Decimals for Spot Metals |
| Minimum Volume Per Trade | 0.01 | 0.01 |
| Maximum Number of Orders | Unlimited | 1000 |
ECN Account
| Forex ECN Account, MT4, MT5 | Forex PRO Account, MT4, MT5 | |
| Currency | USD / EUR / GBP / NGN | USD / EUR / GBP / NGN |
| Leverage | Starting From 1:1000 | Fixed 1:300 |
| Maximum Deposit Limit | No | No |
| Commission | No | No |
| Minimum Deposit | $500 | $25000 |
| Execution Type | Market Execution | Market Execution |
| Spread | From 0.4 | From 0.4 |
| Margin Calls | 100% | 120% |
| Stop Out | 80% | 100% |
| Swap Free | Yes | Yes |
| Limit and Stop Levels | 1 Spread | 1 Spread |
| Pricing | MT4: Five Decimals for FX Trading, Two Decimals for Spot Metals MT5: Five Decimals for FX Trading, Three Decimals for Spot Metals | Five Decimals for FX Trading, Two Decimals for Spot Metals |
| Minimum Volume Per Trade | 0.01 | 0.01 |
| Maximum Number of Orders | Unlimited | Unlimited |
So, these are the two types of accounts to choose from and now it’s time to head towards the “Trading Platform” section of Admiral Markets Broker.
Trading Platforms
Trading platforms are essential for any “crypto lover” in order to trade cryptocurrencies. With the help of trading platforms, one can trade different cryptocurrencies, indices, metals, and commodities.
There are two types of trading platforms that admiral markets broker has to offer:
- MetaTrader 4
- MetaTrader 5
Benefits of MetaTrader 4
- You’ll have real-time access to market prices and liquidity
- Technical and fundamental analysis tools available
- One can get multiple trading orders for higher flexibility
- High Stability and security is always a plus in MT4
- Automated Trading options for experts
Benefits of MetaTrader 5
- You can trade in forex, cryptocurrencies, and futures (from any web browser)
- No additional software or tool is needed to operate MT5
- It provides you with reliable data protection
- Real-time quotes in Market Watch
- One-click trading and advanced market depth
- All types of trading operations
- Hundreds of trading options for beginner, intermediate and expert level traders
Most of the traders are heading towards MetaTrader 5, because “MT5 is advanced, provides you with top-notch security, and has many trading options.”
Another reason to use MT5 is “It covers both centralized and decentralized financial markets including stocks, futures, and FX instruments.”
What’s more, MT5 is faster and more efficient as compared to MT4.
Note* MT4 was built only for forex trading and has limited options. But with the introduction of MT5, traders now have a lot to choose from. If you want more trading options, you can opt for MT5, but if you want to stick to Forex Trading only then MT4 is the way to go.
You can download MT4 or MT5 from the official website of Admiral Markets Broker, and the following versions are available:
- MT4 and MT5 for IOS
- MT4 and MT5 for Windows
- MT4 and MT5 for Android
- MT4 and MT5 for Ipad
- MT4 and MT5 for Web Trading
Admiral markets brokers have been in the “Trading Business” for so long that they understand the need to make it easy for everyone, including those of you who rely on your mobile devices.
Let’s now talk about the technical things related to “Admiral Markets Broker.”
Admiral Markets Broker Spread
For all those who don’t know what “Spread” is, the spread is the difference between the bid (sell) prices and ask (buy) prices of a currency pair. You’ll always witness two prices given in a currency pair, the bid and ask price.
Admiral Markets Broker is offering two types of accounts and each account has a different spread.
- Standard Account: The spread of the standard account starts from 1.2 pips (Price Interest Points).
- ECN Account: The spread of the ECN account starts from 0.4 pips.
Pips: Pips stands for “Price Interest Points” and it represents a tiny measure of the change in currency pair in the forex market.
Execution Time of Admiral Markets Broker
There are two types of execution time that Admiral Markets is offering:
- Instant Execution
- Market Execution
Instant Execution
Instant execution is a type of forex execution in which “You have to specify the volume and price of your order,” and the order should be processed instantly. If the trading price changes at the time of order placement, a broker cannot change the execution price.
It can or cannot go in the favor of the client, depending upon different situations and conditions.
Market Execution
Market execution is a type of forex execution in which the client places the order and specifies the volume only. The broker has to buy the order with the current price and can’t request the client for the price change in case of any “Market price changes.”
If you utilized market execution correctly, you’ll never face “Losses” in the trading world.
Customer Service of Admiral Markets Broker
The customer service of Admiral Markets Broker is top-notch and their active users are happy with their performance.
There are different “Reviews Websites” that ask questions from these platform users. They have collected the data and after completing our research too, we are listing everything below.
- You’ll get instant replies (within a minute)
- Average Net Promoter Rating: 6.33/10
- Average Professionalism Rating: 5.22/10
- Overall Rating: 6.2/10
- Broker Standing: (26th out of 43 Brokers)
If you want to ask any questions or contact customer service of admiral markets broker, you can contact them in two ways:
- Through Live Chat
- Through Telegram
So, we are done with the in-depth details of Admiral Markets Broker and now “It’s time to discuss how to open an account on Admiral Markets Broker.”
Let’s rock and roll!
How to open an account on Admiral Markets Broker
If you want to give Admiral Markets broker a try, then opening the account isn’t a complex process. You just have to follow the steps that we are about to break down right now.
- Go to the official website of Admiral Markets Broker by Clicking Here.
- Now, click on the “Start Trading” button.
- After clicking on the Start Trading button, you’ll be redirected to the registration page where Admiral Markets Broker will ask you a few questions.
- Enter the information now and make sure to choose the right account for trading.
- They will then verify your phone number and email address.
- After the verification is done, your account will be activated within 24 hours.
Wondering how to withdraw profits from Admiral Markets Broker? Here’s how you do it.
How to withdraw money from Admiral Markets Broker
Withdrawing money from Admiral Markets Broker is easy and you don’t have to pay an additional fee in order to deposit/withdraw the money.
Yes, they have dozens of payment methods to choose and you can select the feasible one for your depositing/withdrawing purposes.
Here’s how you can withdraw money from the “Admiral Markets Broker” account.
- Login to your admiral markets account
- From the main menu, choose the withdraw/deposit option
- Enter the details of withdrawal or deposit there
- Click on the submit request button
- They will review your request and then respond to you within 15 minutes
- You’re done
Let’s now compare Admiral Markets Broker with another “Best in the business” forex broker known as “IC Markets.”
Admiral vs IC Markets
| Admiral Markets | IC Markets |
| Ratings: 4/5 | Ratings: 4/5 |
| Trust Score: 83/100 | Trust Score: 80 |
| Publicly Trade: No | Publicly Trade: No |
| Bank: No | Bank: No |
| EU Authorized: Yes | EU Authorized: No |
| ASIC Authorized: Yes | ASIC Authorized: Yes |
| FCA Authorized: Yes | FCA Authorized: No |
| Social Trading: Yes | Social Trading: Yes |
| Award Winner: Yes | Award Winner: Yes |
Yes, they both are great under specific domains, but Admiral Markets is the clear winner because it has a lot to offer to beginners, professionals, and experienced brokers.
Which trading platform should you choose?
There are two types of trading platforms Admiral Markets Broker is offering and choosing the perfect fit for your needs and wants isn’t a difficult task.
MetaTrader4
- User-Friendly Features
- Access to all the major Forex trading features
- Different Language Support
- Multi-Currency Support
- Automated Trading
MetaTrader5
- MQL5 Trading Signals
- 38 Technical Indicators and 21 Time Frames
- 4 Execution Modes
- Market Depth, Hedging and Netting Availability
You can choose now “What suits you the best.”
What are the advantages and disadvantages of Admiral Markets Broker?
In summary, there are a few advantages and one disadvantage that you should review before going for the “account opening option.”
Advantages
- Negative Balance Protection
- It is regulated by the FCA and CySEC
- The minimum deposit fee is $100
- Two different accounts to choose from
- Top-notch customer care service
- Public Trading and Social Trading availability
- Mt4 and Mt5 Platforms for trading
Disadvantage
- They have an “Inactivity Fee” and they will charge you for not being active on the “trading platform.”
So, that’s all for the “Admiral Markets Broker”. If you’ve any questions or points of discussion, please comment below. We love to hear from readers.
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Also Read: Tradersway Broker Complete Review | Is It a Scam?
Everything you Need to know About Axiory Broker
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