Admiral Markets Review 2020 Trading Platforms, Account Types, Spreads, Leverage & More

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  • Admiral Markets Review 2020 Trading Platforms, Account Types, Spreads, Leverage & More

Admiral Markets is one of the oldest brokers still in operation for a reason. In our Admiral Markets Review, we will show you why. From their amazing and exclusive MetaTrader Supreme plugin to the thousands of articles for education, they truly stand out. We dive deep into details, to bring you exclusive content that will help you make a decision about the most comprehensive broker available in the markets today.

ADMIRAL MARKETS REVIEW 2020

Admiral Markets is one of the longest-running brokers, founded in 2001 and regulated by the EFSA, FCA, ASIC, and CySEC. As we found out in our research for this Admiral Markets Review, they deal in Forex, CFD, and Stocks.

In addition to being regulated by four major bodies, they are also a member of the Financial Services Compensation Scheme. The organization offers negative balance protection to investors. That’s not all, though.

They also have segregated accounts in tier-1 banks and a high level of security of funds and safety.

There is a diversity of accounts, making it easier for clients to pick something that works for them. The accounts include selections like Trade.MT5, Invest.MT5, Zero.MT5 for MT5 users.

There are Islamic accounts and a demo account for beginners who want to learn more.

The traders have access to more than 5000 markets that cover indices, forex, commodities, shares, bonds, ETFs, and Crypto CFDs. They are all available on the MetaTrader 4 and MetaTrader 5 platforms.

As always, you can download any of these platforms on Windows, Mac, and mobile platforms.

Users can access free analysis articles, news, and webinars. All of them are available on the Trader’s Blog section. Included here are educational articles that cover different trading topics.

The YouTube channel is also updated regularly with great content and recordings of the Webinars provided.

It is also pleasing to know that Admiral Markets makes indicators from Trading Central, available on the MetaTrader platform.

Pros

  • Admiral Markets is properly regulated by ASIC, FCA, EFSA, and CySEC
  • The broker offers accounts to traders that cover major asset classes and include ECN forex
  • Investing accounts for shares and stocks from major companies are available
  • Traders can perform their activities on MT4 and MT5, available on mobile, Web, Mac and Windows

Cons

  • Admiral Markets does not have a daily market analysis.
Admiral Markets Review 2020

Admiral Markets Review 2020

open an account on admiral markets

Safety and Regulation

In our Admiral Markets review, we checked their registration to ensure that the regulations are all in order. So, we confirmed that the listed regulations under the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Estonian Financial Supervision Authority (EFSA), are all in order.

In addition to these regulations of all the entities that exist under the Admiral Markets umbrella, there are more measures taken by the broker to ensure security.

Investor protections are important because they elevate the level of trust that a company has. Admiral Markets has the following measures in place:

  • They publish Annual Reports of the Group AS.
  • They have segregation of funds from clients and company funds, using credit institutions in the tier-1 level, regulated by the EEA.
  • They are a part of the FSCS (Financial Services Compensation Scheme).
  • They offer clients negative balance protection.

With such measures in place, it is easy to see why security is top-notch. Few brokers offer negative balance protection.open an account on admiral markets

Admiral Markets Products You Can Trade

As we mentioned earlier, clients can trade more than 500 instruments that span several asset classes and markets. They include:

  • 500 ETFs
  • 47 forex pairs
  • 11 commodities
  • 4350 shares
  • 19 indices
  • 2 bonds
  • 32 cryptocurrency CFDs

Let’s look at some examples of the markets you can trade. 

open an account on admiral markets

On the website, you will find even more details about these markets and what you can expect to find when you go to trade on each. The trading costs include spreads, commissions, and swap rates (overnight fund).

The rates vary depending on the instruments you are trading and the account type you are using. We will get into more detail about the account types in this Admiral Markets review.

Admiral Markets Account Opening

Our Admiral Markets review reveals you will be offered several choices. They are all platform-based. When you are trading on MT4, you will have  MT4 and when you are trading on MT5, you will have MT5.

The Admiral Markets account and the Admiral Prime account, are available for users of the MT4 platform. Here are the details:

NOTE: The tables we have used here are for FCA-regulated traders only. There are tables on the website for both ASIC and CySEC-regulated traders. We chose FCA randomly to show you what the general accounts look like, in this Admiral Markets review.  

  • MT4 Trade and MT4 Zero

  • MT5, Invest.MT5 and Zero.MT5

open an account on admiral markets

Here are some things to note about these accounts:

  • The leverage rate for currency pairs and some types of CFDs depend on the notional position value and are in Margin requirements.
  • In researching for our Admiral Markets review, we found that the commissions for CFDs on currency pairs and metals on Zero.MT4 and Zero.MT5 is charged depending on the monthly volume. Active traders pay less. The structures for commission calculation are available here: https://admiralmarkets.com/start-trading/commissions-calculations
  • Commissions charged for CFDs on cash indices and energies on Zero.MT4 and Zero.MT5, are not dependent on monthly volume and are flat rates instead. Find them in Contract Specifications. In the specifications, you will find the precise information for every instrument.
  • To find more information about the commission rates and minimum commission values, check the contract specs. All calculations are available there.

To check out the details for accounts under CySEC and ASIC regulation, go to the Admiral Markets Account Types page to see what differences there are.

In this Admiral Markets review, we found all kinds of provisions for clients of the Islamic faith, in the form of an Islamic account. The swap-free option is available on the Trade.MT5 accounts and ensures that Islamic traders are not forced to pay or earn swaps or interest on the CFDs indicated.

Check out more details about this on the link: https://admiralmarkets.com/start-trading/islamic-account

Account Creation

To open an account on Admiral Markets, you just have to click on the tab that says ‘Create Account.’ It is available from the broker’s homepage. To sign up for the Trader’s Room is the first thing you will need to do before opening the live or demo trading account.

The requirements for this first step are your first and last name and your email address.

After that, you will be allowed to log in to the Admiral Markets Trader’s Room, and from there, you can open the demo and live trading accounts of your choice. You will also be provided with links for the available platforms.

If you want to open the live accounts, just click where it says ‘Open Live Account’ and follow the process that comes after that. You will need to fill in the type of account you want to have and then fill out the required personal and financial information.

You will need to verify your identity and address by providing uploads of your identification ID, passport, or national ID. As for the address, a utility bill or bank statement will do.

During the course of our Admiral Markets review, we gathered information about the countries from which this broker does not accept clients. They include:

Trade Forex with Admiral Markets

open an account on admiral markets

Everyone else is welcome to get a demo account and see what they can expect to get from Admiral Markets Accounts.

Admiral Markets Deposits and Withdrawals

Our Admiral Markets review found several methods that clients can use to make withdrawals and deposits. Most of the deposits are commission-free, but not all. It is always good to look at the comparison table from the website to determine if there are any details you may be missing.

Some of the methods are available include:

  • SafetyPay
  • Skrill
  • Klarna
  • Bank wire transfer
  • Mastercard/VISA
  • iBank&BankLink
  • iDeal

When it comes to withdrawals, the options are rather limited and only include bank wire transfer, Neteller, or Skrill.

Here is a summary of available deposit methods:

Here is the summary of the available withdrawal options:

open an account on admiral markets

Admiral Markets Deposit and Withdrawal

The only way to locate the withdrawal and deposit options is by being logged into the Trader’s Room.

Admiral Markets Mobile, Web, and Desktop Trading Platforms

Our Admiral Markets review finds that all platforms are from MetaTrader. MetaTrader is a platform that millions of traders use. There should be no trouble finding the familiar design, a welcome addition to your trading experience.

MetaTrader 4 and MetaTrader 5 are all available for Windows, Web, Mac, and Mobile (Both Android and iOS).

Let’s explore some of the well-known features you will get from MT4 and MT5.

MetaTrader 4 Platform

The MetaTrader 4 platform is available for download. Both Windows and Mac users can download and install it on their devices. With it, you will get features like:

  • Three chart types and nine timeframes
  • Over 50 pre-installed technical indicators
  • Real-time prices
  • Auto-trading with Expert Advisors
  • Customizable alerts
  • One-click trading

It is an easy-to-use platform that offers traders everything they need.

Admiral Markets Mobile Trading App

Admiral Markets MT5

The Admiral Markets MetaTrader 5 platform is also available for download or use on the Web. Both Mac and Windows users can install it on their devices. This platform will give you access to additional features like:

  • Market depth is displayed in tandem with technical indicators
  • Trading experience in multi-asset classes
  • Auto-trading with MQL5 community and Expert advisors
  • 21 timeframes that are all viewable
  • Six pending stop order types
  • Improved strategy tester for expert advisors and algorithm trading
  • Hedging is allowed

MT5 is the same as MT4, but with added features aimed at appealing to new traders who have not had much training with MT4.

open an account on admiral markets

Admiral Markets Web Trader from MetaTrader

Our Admiral Markets review shows that traders have access to Trade on MetaTrader 4 and MetaTrader 5 on the Web Trader platform. With this, the traders can access the platform directly from a browser, complete with ECN pricing.

On the Web Trader, the users will have:

  • Real-time price quotes
  • Multi-language support
  • A view of market depth
  • Ease of trading because they do not have to download
  • Numerous order types and execution modes
  • Data is synchronized across all platforms.
  • There is online support 24 hours a day, five days a week.
  • One-click trading
  • A complete suite that has operations and trading tools

For users of the Admiral Markets Webtrader version, there is no need to feel like they may be missing anything by not installing the software. They get the same things that clients who have installed MetaTrader 4 or 5 gets.

Admiral Markets Mobile Trading Platform

Admiral Markets users can access mobile trading while on the go, using the MetaTrader 4 and MetaTrader 5 platforms. The app is available for both Android and iOS users. While researching for this Admiral Markets review, we saw that they provide links for the apps on the website.

Go to the Client Portal Area and get the links. Alternatively, you could go directly to the Apple AppStore or Google PlayStore to download them directly.

The MetaTrader mobile app gives traders the same manual trading features of the desktop and web versions. In addition to that, clients also get real-time technical analysis tools.

The mobile app may be limited in some aspects, but it strives to offer you the same functionality as the desktop and web trader versions. Our Admiral Markets review reveals that you will get live dynamic pricing, advanced order management, access to financial news in real-time, and more.

Admiral Markets Trading Features

Admiral Markets provides its clients with additional features to make the experience better. One of them is a plugin for MetaTrader, called MetaTrader Supreme Edition. It is available on both live and demo accounts.

Note: The MetaTrader Supreme Plugin is only available to clients of Admiral Markets.

To find out more about the MetaTrader Supreme Edition features, follow this link and be amazed at what you can do with this plugin: https://admiralmarkets.com/trading-platforms/metatrader-se?regulator=cysec

Admiral Markets Commissions and Spreads

The trading costs are dependent on the instrument being traded and the type of account you open. Some of the accounts are commission-free, and others are commission-based, as evidenced earlier in this Admiral Markets review.

The spreads and swaps are also variable depending on the factors we have mentioned above. There are more details about this on the website.

Admiral Markets Forex

Let’s look at the contract specs, using the EURO vs. DOLLAR (EUR/USD) pair as the sample:

open an account on admiral markets

NOTE: The details are correct when writing this review and apply only to CySEC-regulated clients.

For details about all other pairs, just visit the website by following this link to see the contract specifications: https://admiralmarkets.com/start-trading/contract-specifications?regulator=cysec

As we found out, for our Admiral Markets review, there is something for everyone here, depending on which regulation you fall under.

Admiral Markets Commodities

The commodities trading is commission-free, depending on the account you use. Some accounts offer ECN-style trading, spreads offered are lower but have a commission per lot, at $3 per side.

For this Admiral Markets review, we will use the commodity BRENT Crude Oil, to show you what you can expect and how everything is calculated:

Admiral Markets Shares Trading

During our Admiral Markets review, we found that stock trading is competitive. You only get charged a commission of $1on the USD-denominated stocks and 1 Euro on the EUR-denominated stocks and 1 Great British Pound on GBP-denominated stock.

All details are on the contract’s specifications page.

open an account on admiral markets

You should note that there is a difference in fee structure for stocks and ETFs (where you buy physical shares). Their commission structure is not the same.

To be completely sure of what the payments are and what the costs are, you should check out the details as offered on the page for the contract specifications that we mentioned earlier.

Admiral Markets Bonuses and Promotions

Admiral Markets operate under tight regulation from ASIC, FCA, and CySEC, which means that they are not legally allowed to offer promotions or bonuses.

Admiral Markets Customer Support

Admiral Markets has one of the best customer support staff anywhere. They offer the service in a multilingual format, to ensure that they cater to the needs of many of their clients who hail from different countries.

You can reach them using any of the following methods:

  • Telephone
  • Live Chat
  • Email

You can also use the Online Feedback Form. If you do not find the answers to your questions in the FAQ section, you can then proceed to contact them, using any of the methods provided. To access Live Chat, you will need to type in your name, email address, and question.

After inquiries, our Admiral Markets review research found that they use the information to make the experience with customer support, personalized. The Live Chat function is actively manned by an agent from 08:00 to 19:00 GMT +2 on weekdays. When you inquire, they get back to you within a minute.

The agent we reached was polite, knowledgeable, and willing to help. On the ‘Contact Us’ page, you will find all the options for phone, email, live chat, and remote support requests. Some links take you directly to the broker’s social media channels.

Admiral Markets Research

Admiral Markets Research

Admiral Markets gives its clients access to Fundamental and Analysis reports. The research tools you will find here include:

  • An economic calendar
  • Trading calculator
  • Market Heat Map
  • Sentiment widgets
  • Cryptocurrency Bubble-o-Meter

There is a lot more on their ‘ANALYTICS’ page. It is easy to navigate the section of their website where you can find all kinds of valuable information.

Admiral Markets Education

According to our research for this Admiral Markets review, the broker has a lot of material for those who seek to learn. They have a complete course that includes all the important information you need to know from the beginner level, all the way to expert level.

Other nuggets of knowledge that you will get are:

  • Scheduled Webinars with industry experts, analysts, and experienced traders. It is talk show-style
  • A comprehensive library that contains thousands of articles about everything from indicators to platform use.
  • YouTube Channel has many videos that include analysis reports and tutorials for everything, including trading psychology and account opening.

When it comes to Education, no broker is ahead of Admiral Markets.

In Conclusion

Admiral Markets is a highly regulated broker with high trust ratings and great user reviews from all customers. With several accounts offered, there is something here for everyone. Our Admiral Markets review research finds them quite suitable for any trader who wants to get into trading.

With access to over 5000 instruments and the best education provision you will ever see, there is every reason here for you to sign up.

Their MetaTrader Supreme Edition Plugin is a big help to traders who want to be on top of everything all at once, without losing track. Admiral Markets is a force to be reckoned with, seeing as they have been in the market for 20 years now.

Find out why they are an enduring presence, by checking out their demo account and a taste of the experience.

open an account on admiral markets