Admiral Markets Admiral Markets Review

Admiral Markets Forex Review, Rating, News and Promotions
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Admiral Markets execution and slippage

1.09 pips

 

Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.
 

Our slippage data about Admiral Markets is sampled by 10 of the most popular forex trading strategies in Zulutrade.com.
 
1.30 pips

Admiral Markets slippage with Kama-spot trading strategy

Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

Average profit:                14.0 pips
Average trade lifespan:  19 hours
Most traded pairs:               EUR/USD, GBP/USD and USD/CHF

 

1.43 pips

Admiral Markets slippage with Saved FX trading strategy

Average profit:                  16.0 pips

Average trade lifespan:    1 day

Most traded pairs:                 EUR/USD, GBP/USD, USD/CHF
0.94 pips

Admiral Markets slippage with Qurenix trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  5 hours

Most traded pairs:             EUR/USD
1.45 pips

Admiral Markets slippage with Forex Cruise Control trading strategy

Average pips/trade:           5.0

Average trade lifespan:   18 hours

Most traded pairs:              GBP/USD
1.00 pips

Admiral Markets slippage with For333 trading strategy

Average pips/trade:           12.0

Average trade lifespan:   15 hours

Most traded pairs:              GBP/USD, EUR/USD, AUD/USD
0.30 pips

Admiral Markets slippage with Azar Consulting trading strategy

Average profit:                   28.0 pips

Average trade lifespan:   3 days

Most traded pairs:               EUR/USD
1.23 pips

Admiral Markets slippage with The Best Player trading strategy

Average profit:                  22.0 pips

Average trade lifespan:   13 hours

Most traded pairs:               EUR/USD
1.38 pips

Admiral Markets slippage with Xiaolidao trading strategy

Average pips/trade:           9.0 pips

Average trade lifespan:   1 day

Most traded pairs:               EUR/USD
1.70 pips

Admiral Markets slippage with Youron trading strategy

Average profit:                  9.0 pips

Average trade lifespan:   11 hours

Most traded pairs:               EUR/USD, GBP/USD
0.20 pips

Admiral Markets slippage with Duanxian(GBP\USD) trading strategy

Average profit:                      10.0 pips

Average trade lifespan:      1 days
 
Most traded pairs:                   EUR/USD, NZD/USD, GBP/USD

Trading Accounts

 

Account type  Minimum deposit  Minimum trade size  Maximum leverage Average Spreads
Admiral Markets $200 0.01 1:500 1.2 pips on EUR/USD
Admiral Prime  $1 000 0.1 1:200  0.6 pips on EUR/USD + commission $3 per standard lot per side
Admiral MT5  $1 000  0.1 1:100 0.6 pips on EUR/USD + commission 0.003 % of the notional value


The broker offers its clients a choice of three account types and two trading platforms. The Admiral Markets account is commission-free and provides micro lots for trade, while the Admiral Prime and Admiral MT5 ones involve a commission, but of course provide spreads as low as zero and 0.2 pips, respectively.


What is more, Islamic (swap-free) accounts are offered for all account types, with base currency of GBP, USD or EUR.


The Company


Since it was founded in 2001 in Estonia, Admiral Markets Group has continually expanded its geographic reach and nowadays offers trading in a wide range of instruments (currency pairs and CFDs on stocks, indices, precious metals and energy) on two platforms (MT4 & MT5) through its regulated companies around the world. The Group includes the following companies:


- Admiral Markets Group AS, licensed by the Estonian Financial Supervision Authority for main investment and brokerage activities in the European Union;
- Admiral Markets (UK) Ltd., FCA, authorised and regulated by the Financial Conduct Authority (FCA);
- Admiral Markets Cyprus Ltd., licensed by the Cyprus Securities and Exchange Commission (CySEC);
- Admiral Markets Pty Ltd, based in Sydney, regulated by the Australian Securities and Investment Commission (ASIC).


Security of Funds


All units of Admiral Markets are duly regulated by the respective authorities in Europe and Australia and these apply certain requirements to brokerage firms. One of them is the minimum capital requirement for licensed brokers as a guarantee of good financial standing. Both CySEC and FCA oblige brokerages to maintain net tangible assets of at least EUR 730 000, while ASIC demands at least $ 1 million.


Furthermore, these regulatory authorities require all money held on behalf of clients to be kept in segregated trust accounts, separated from companies’ operating funds.


What is more, clients of regulated Cypriot and UK brokers are covered the compensation schemes, which apply in case a licensed company becomes insolvent: The Financial Services Compensation Scheme (FSCS) in UK is able pay compensation up to a maximum of £50,000 per person per regulated entity, while the Cypriot Investor Compensation Fund may cover investment loss to a maximum of 20,000 EUR per person. Australian FX broker regulation, however, does not include any compensation scheme.


Furthermore, under the MiFID Passporting Regime companies regulated in their EU "home state" are allowed to provide services to customers in other Member States of the European Union.


Trading Conditions


Minimum Initial Deposit

Admiral Markets requires its clients to deposit at least $200 in order to open an account with them, which is average for the forex market. In comparison AxiTrader, holding licenses from both FCA and ASIC, also demands at least $200 from its customers, and a minimum of $1000 for ECN account holders.


Average Spreads & Commissions

Admiral Markets provides variable spreads, averaged 1.2 pips for the EUR/USD pair on commission-free account and 0.6 on ECN ones, involving a commission of $6 round turn per standard lot. This basically means that trading costs on different account types are similar – around 1.2 pips, which is average.

 

In comparison, AxiTrader`s typical ones on the commission-free accounts amount to around 1.4 pips on EUR/USD, while ECN ones are averaged 0.4 pips on EUR/USD with a commission of $7 round turn. For more information, you may check out and compare real-time spreads of 15 leading brokers here


Maximum Leverage

This broker offers leverage up to 1:400 which is at the upper end of the industry’s standard and is considered a high rate. Nonetheless, many brokers offer similar or even higher leverage levels: check out a list of FX brokers offering leverage equal to or exceeding 1:500 here


Traders, however, should be mindful of high leverage, for it may both multiply their profits on a small deposit and lead to heavy losses exceeding their initial investments.


Trading Platforms


Admiral Markets supports two of the most popular forex trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).


MT4 is fully customizable for just about any trading situation, skill level and preference. With this broker it is available as desktop, web and mobile version. MT4 provides all the tools and resources a trader needs: a number of technical indicators, advanced charting package, one-click trading option, Expert Advisers (EAs, which allow full automatization of trades) and extensive back-testing environment. 


In addition, Admiral Markets has developed MetaTrader 4 Supreme Edition – a powerful MT4 plug-in, which features some ample conveniences and performance-enhancing tools, such as:


• The Mini Trader - simplifies and enhances order creation in a neat and compact window
• Trading Terminal - uses the Mini Trader terminal across multiple currencies all conveniently placed in one window
• Alarm Manager – provides alerts for important events as per your preferences
• Correlation Trader – assists you in taking advantage of correlated pairs and / or avoiding the risk
• Correlation Matrix - shows the correlation between all currency pairs.

 

Admiral Markets also supports the MT5 (desktop & mobile versions available), a platform which was developed and marketed as an improvement on MT4, yet many brokers still prefer the earlier technology, since MT5 does not support all MT4’s indicators and EAs. You may look up more brokers supporting the MT5 here


What is more, Admiral Markets offers rich Educational and Analysis sections on its websites. While a number of brokers provide training courses and webinars, the analytics Admiral Markets is truly outstanding. It includes quality fundamental analysis, technical analysis, wave analysis, forex calendar, Autochartist, Market Sentiment and a Market heat map. It seems that this broker is really trying to enable its clients make thoughtful and intelligent trading decisions.


Payment Methods


With Admiral Markets investors can choose between bank wire transactions, payments via credit cards (VISA and MasterCard) and e-wallets Skrill, Neteller, Sofort and PayPal.


Deposits to trading accounts can be made in most national currencies, which are subsequently converted into GBP, EUR, USD, CHF or other applicable currencies.


Conclusion


Admiral Markets is a global broker with strong regulation & many years of experience, providing fast market execution and transparent pricing. It offers attractive conditions for trading in variety of instruments on both MT4 and MT5. Here are, in a nutshell, the Pros & Cons with regard to this broker:

 

Pros  Cons
Global broker with strong regulation & many years of experience No significant disadvantages
Choice of trading platforms, MT4 available   
High leverage levels offered  
Useful analytics section  

 

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Spread

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Slippage

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Requotes

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Price feed

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Platform

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Deposit/Withdraw

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Customer service

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Summary

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Traders` reviews for Admiral Markets Add review

Excellent Services of Admiral Markets

If you ask me, I'd say the market is over-saturated with brokers. I've tried a few back in the days, and I wasn't that satisfied with the results. Thankfully, Admiral Markets is the broker I've been looking for. They meet my requirements to a tee, especially when it comes to volatility protection and such. Needless to say, I was, and still am, content with their services.

Garfield Lagunov 01/10/2017

Versatile Broker With Best Services

Admiral Markets are my top broker choice. From demo account to CFD offers, everything they do is just top notch. Had a technical hiccup in the beginning (couldn't verify account) but it got resolved pretty quickly. Friendly customer staff, I like it!

Edmund Edwards 12/21/2016

Tech-savvy And Helpful

Long story short: Admiral Markets mobile app for trading is the best! I was really turned off by regular trading software: I don't get a lot of time to sit around. Mobile app is a good solution then! Also I tried webtrader (the one you don't need to install) and it works perfectly. Technology makes everything easier!

Louie Goodwin 12/07/2016

Best Platform, Best Broker

I voted for Admiral Markets for their MetaTrader Supreme platform to be the best broker platform. I am very impressed with their numerous features.

Martin Millhouse 11/29/2016

My First Broker, And the Best As Well!

Thankfully, Admiral Markets was the first broker I tried. I'm really satisfied with the results. My introduction to the market went smoothly, I got a ton of new information just from reading the articles on their websites. Thanks to a great support team, my trading is really problem-free.

Lance Davey 11/22/2016

Happy With AM!

I'm currently reading up on the analysis that Admirals publishes. I feel like I'm improving every day, which feels awesome! Trading with them for 5 months now, and really good results so far.

Tobias Roscoe 10/28/2016

Worth Trusting

I was very reluctant to part with my money at first, though thank god I did. I managed to make some good additional money. It took some time though, but Admiral's articles and support team really helped me out.

Slyvester Frindge 10/06/2016

Customer Oriented Broker

When a trader is in trouble and the Broker's customer support helps him with immediate reply and an acceptable solution, it brings a joy to trading. I felt the same when I contacted Admiral Markets.

Jan Daley Katz 09/21/2016

A Pro-Broker

Have come through Admiral Markets name via social media and researched some basics before I started my trading. I got positive ranks for it and joined.

Jerrard Hyram 09/09/2016

Amazing Broker

Truely amazing plugin of MT4 from Admiral Markets grabbed my attention. Then I started trading and have not stopped yet.

Irfan Ahmed 08/26/2016

An Informative Broker

I often visit their traders blog to read what their analysts write. Its quite refreshing and informative. Keep it up.

Cindy Thomas 08/11/2016

An Awesome Broker

Being a short-term trader, I preferred having good trading platforms with no price gaps and less problems at the time of deposit/withdrawal, and Admiral Markets has provided me all.

Johannes Leigh 06/30/2016

AM is a good broker

I trade the EURUSD and I find the spreads on this pair very low on Admiral Markets account. So far i have not had issues with price gap. Deposit and Withdrawals take reasonable time to process. Happy with them now.

Olev_Cleveland 05/04/2016

Admiral in financial trouble?

Admiral Markets announced 6-month results for 2014 which show a huge 1.6 million Euros of losses for this small Forex broker. Can anybody comment it as I feel my money is not safe with them anymore?!

Link to financial report of Admiral Markets.
https://admiralfiles.s3.amazonaws.com/docs/EE/Vahearuanne_I_pa_2014.pdf

http://www.admiralmarkets.ee/company/reports/

It is in Estonian but I see from Google Translator a lot of shady information.

I think I will probably leave and stay with IronFX, FXPro and Oanda.

Suttam 09/29/2014