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.
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
Average profit: 16.0 pips
Average trade lifespan: 1 day
Average profit: 9.0 pips
Average trade lifespan: 5 hours
Average pips/trade: 5.0
Average trade lifespan: 18 hours
Average pips/trade: 12.0
Average trade lifespan: 15 hours
Average profit: 28.0 pips
Average trade lifespan: 3 days
Average profit: 22.0 pips
Average trade lifespan: 13 hours
Average pips/trade: 9.0 pips
Average trade lifespan: 1 day
Average profit: 9.0 pips
Average trade lifespan: 11 hours
Average profit: 10.0 pips
|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.
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).
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.
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.
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.
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.
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.
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:
|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|
FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
|Cyprus||CySec||MT4, MT5, Web||$5||Review Website|
|US, UK, Australia||CFTC/NFA, FCA, ASIC||MT4, Web,
|UK, Australia, Singapore||FCA||MT4, Web,
|UK, Cyprus||FCA, CySec||MT4||$5||Review Website|
|UK, Cyprus||FCA, CySEC||MT4, MT5, Web,
|UK, Bulgaria||FCA, FSC||Web||$150||Review Website|
|Belize||IFSC||MT4, MT5||$100||Review Website|
|Cyprus||CySEC||MT4, MT5||$300||Review Website|
|New Zealand||FMA||MT4||$1000||Review Website|