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Admiral Markets Review in 2024

Written by Miro Nikolov
Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.
, | Updated: November 19, 2024

Admiral Markets is a highly trusted broker that boasts more than 18 years of reliability in the trading industry. Fans of the MetaTrader platform prefer it for its excellent customer service, sharp spreads, a versatile offering of trading instruments, and advanced features such as the market heat map, the global sentiment indicators, and the economic calendar.

The brokerage company began its operations in 2001 and is properly regulated in a variety of jurisdictions, including the United Kingdom, Australia, and Cyprus. It gives traders a great choice of major markets like currency pairs and cryptocurrencies, shares, bonds, commodities, and indices.

Beginner traders can start with the demo while those with previous experience can choose from a broad range of live accounts. Admiral Markets works on the MetaTrader 4 (MT4) platform but also offers you the chance to use its improved successor, MetaTrader 5 (MT5). Access is possible on smartphones and tablets as well. Mobile traders have a choice from Android and iOS-compatible dedicated applications.

Regulations

Admiral Markets has a truly global presence, with offices located in Sydney, London, Cyprus, and many other countries. The company has greatly expanded its reach over the years and currently provides its trading services worldwide through its regulated outfits in many different jurisdictions.

This global organization is subject to the regulations of the UK Financial Conduct Authority (FCA) and keeps its customers’ money in segregated accounts in line with the regulator’s requirements.

The company has also obtained a license from the Estonia Financial Supervision Authority (EFSA). This enables it to offer its brokerage services in countries from the European Union and the European Economic Area (EEA).

The European operations of the brokerage firm are regulated under the Directive on Markets in Financial Instruments (MiFID) that came into effect at the beginning of 2018. The primary objective of MiFID is to harmonize the regulation of financial markets, increase the levels of transparency, boost customer protection, and further competition.

Another license has been issued by the Cyprus Securities and Exchange Commission (CySEK). This regulatory body is responsible for the supervision of investment services companies in Cyprus. The Cyprus outfit is essentially a sister company of Admiral Markets Estonia since the latter is their White Label service provider.

Admiral Markets has also extended its services to customers based in Australia via a license granted by their local Australian Securities and Investments Commission (ASIC).

Trading Instruments

Admiral Trading provides a variety of investment products to its clients including spot Forex trading and CFDs trading with cryptocurrencies, shares, indices, commodities, and bonds. Customers of the broker enjoy deep liquidity from leading providers, extremely fast execution of their orders, and leverage of up to 500:1.

Forex and Cryptocurrencies

The foreign exchange market is in constant flux, with volatility being one of its most recognizable characteristics. It is this volatility that sharp traders are looking to exploit and turn to their advantage.

At Admiral Markets, you have access to more than 40 currency pairs, including majors like EUR/USD, minors like EUR/GBP, and exotic options such as NZD/SGD. The broker offers sharp spreads and leverage of up to 500:1 for seasoned traders. Retail customers enjoy leverage of 30:1.

You have 24-hour access to Forex trading via the popular platforms MetaTrader 4 and MetaTrader 5, although executing your orders directly in your Internet browser is possible thanks to the availability of the WebTrader.

Trading CFDs with currency pairs is also a viable option at Admiral Markets. Moreover, the broker offers the latest prices for top pairs. Depending on what account you hold, the spreads start from zero or 0.1 pips.

The brokerage company also provides CFDs on a range of cryptocurrencies such as Ethereum, Litecoin, Bitcoin, Dash, Stellar, Monero, Ripple, Zcash, and EOS. There is no need to own any cryptocurrency assets for the purpose. You can go long or short, with leverage of 2:1 for retail customers and 5:1 for professional traders.

Trading with Commodities

Commodities give you the great opportunity to extend your trading portfolio. You can do that at Admiral Markets as the broker offers trading with CFDs on hard commodities with an initial investment as low as $100 or the currency equivalent.

The top commodities traders at Admiral Markets choose are gold, West Texas Intermediate oil, silver, and natural gas although there are also alternatives as well. These include copper, palladium, platinum, and Brent crude oil.

Trading with soft commodities is also a viable option at Admiral Markets. Here you can deal CFDs on coffee arabica, cocoa, cotton, orange juice, coffee robusta, raw and white sugar. CFD trading at Admiral Markets gives you the wonderful opportunity to capitalize on supply and demand.

You can speculate on price movements without the need of actually purchasing or selling the physical commodities. With that in mind, you should beware of the fact CFD trading comes with significant financial risks.

Admiral Markets itself warns that 76% of its retail clients who trade with this type of instrument end up losing their money. Other than that, futures trading with commodities is also an option with this broker.

Shares, Bonds and Index

Customers of Admiral Markets can gain an edge from the broad price movements inherent to the stock market by trading CFDs on key indices of the biggest exchanges in the financial industry. We are talking about major indices like the Dow Jones Industrial Average, the Euro Stoxx 50, the S&P 500, Nasdaq-100, the Financial Times Stock Exchange 100 Index, DAX 30, and Nikkei 225.

Index traders can reap benefits like competitive leverages (up to 500:1 for professionals and 20:1 for retail customers) and zero commissions. There is no need for commissions since the cost is built into the spreads. These are variable depending on what indices you trade. The standard minimum contract for index trading is 0.1 lots.

CFD trading is available on government treasury bonds as well. One key advantage of this market is that it enables you to leverage small price fluctuations thanks to the margins at hand. You can trade any of the available bonds in either direction, short or long, without additional charges on short positions. The leverage for bond trading is 200:1 for professional traders and 10:1 for retail accounts.

Dealing with the stocks of some of the world’s biggest companies from Europe and the USA is another great option for experienced traders who join Admiral Markets. Some of these include Tesla, Apple, Rolls-Royce, Google, Facebook, Intel, Vodafone, and BMW. You can also receive dividends on your assets.

ETF Trading

Admiral Markets also provides contracts for difference for ETF (exchange-traded funds). This instrument helps you to better manage your risk through diversification and comes with fewer commissions on behalf of brokers.

Trading in any direction is possible and so is earning dividends from your long positions. Also, there is no need to own stocks to trade ETFs at Admiral Markets. The broker offers competitive leverages of 5:1 for retail accounts and 20:1 for professional accounts.

Trading Platforms

Platforms

PC / MAC

Smartphones

Tablets

MetaTrader 4
MetaTrader 5
Web Trader

This is a reliable MetaTrader broker, with clients having the option to download for free either the MetaTrader 4 or its upgraded version, MetaTrader 5, on their personal and Mac computers. The two native applications for Android and iOS ensure immediate access to your open positions on the fly.

Customers are provided with the ultimate flexibility to access the trading portfolio in their browsers thanks to the availability of WebTrader. One thing that sets Admiral Markets apart from rival brokers is the MetaTrader Supreme add-on (offer both for MT4 and MT5). We discuss all the platforms in further detail below.

MetaTrader 4

Admiral Markets offers a free download of the powerful but intuitive MetaTrader 4, the most broadly used trading platform in the world. You can use it for Forex and CFD trading as well as for analysis of the financial markets.

It gives you hassle-free access to various trading markets and enables you to execute your deals in a fast, safe, and highly reliable environment. You will benefit from support in multiple languages, automated trading with Expert Advisors (EA), tools for technical analysts, and advanced charts.

The downloadable version of MetaTrader 4 is fully optimized for implementation on Mac and Windows computers (XP, Windows 8 and Windows 7 are all supported). You can add more than fifty in-built indicators and oscillators to determine your volumes.

Unlike most other trading platforms that provide only standard markets order, MetaTrader 4 allows for greater flexibility because it supports pending order types, like buy/sell limits and buy/sell stops, which are especially beneficial for versed traders. The one-click trading function is particularly useful for scalpers.

MetaTrader 5

The successor of MetaTrader 5 is the multi-asset platform of choice for many investors and traders worldwide who trade with currency pairs, contracts for difference, futures, and exchange-traded tools.

This improved version comes with superior tools for trading and charting, free market information and news from the financial industry, an education market, VPS support, and level II pricing. Automated trading is also possible.

Nevertheless, its interface is user-friendly enough to allow both seasoned and inexperienced traders to implement it. It is compatible with all major operating systems including Windows, Mac, iOS, and Android.

Supreme MetaTrader Edition

Admiral Markets stands out from rival brokers with a special offering, the MetaTrader Supreme, which is available both for MetaTrader 4 and MetaTrader 5. This is a compilation of twelve Expert Advisors plus twenty additional custom indicators.

The MetaTrader Supreme add-on is also equipped with various advantageous widgets, including the add-on for Technical Insight, which provides detailed technical analysis for every imaginable financial instrument. Armed with this tool, you can better optimize your trading strategies.

The Global Opinion widget helps you recognize small, yet significant alterations in the undercurrents of many financial markets. You can handily manage your positions with the help of the Mini Terminal. It comes with preset take-profit, stop-loss, and trailing stops. There is also a built-in margin calculator. Hedging and quick reversal of your orders are made possible via the Mini Terminal as well.

Customers can spot all price movements on their charts with the Tick Chart Trader. In turn, this enables them to identify easily the most advantageous entry and track price action.

The indicator package comes with useful indicators such as the candle countdown, the chart group, pivot points, and the Renko chart. The Trading Simulator allows you to test and improve your strategies.

WebTrader

The web-based platform WebTrader provides Admiral Trading customers with a quality in-browser experience without the hassles associated with additional software downloads. One major advantage of this option is that it works seamlessly across all devices, operating systems, and browsers, including popular and commonly used brands like Chrome, Firefox, Opera, Safari, and Explorer.

You have a choice from launching either the MT5 or the MT4 WebTrader, depending on your preferences. This way, you can safely trade regardless of your location without the fear of hidden fees or cumbersome commissions.

There are no requotes while the speed of execution is superb. As much as 90% of all executed orders are completed within 150 milliseconds. Other benefits of using the web-based option include live quotes, one-click trading, superior tools for charting, and many different timeframes.

Android and iOS Apps

As we previously explained, the MetaTrader 4 and the MetaTrader 5 platforms are fully cross-compatible with the majority of devices and operating systems. It is only understandable that Admiral Markets caters to smartphone and tablet users with two dedicated applications, one for Android and another one for iOS.

Customers can obtain their applications at no cost from the respective stores of the two mobile OS giants. The iPad and iPhone app requires iOS 11.0 or later and is available in a variety of languages including English, French, Italian, German, Czech, Russian, Romanian, Spanish, Lithuanian, and Slovenian.

The Android app is compatible with 4.4 or newer versions of the operating system. Executing your trades is exceptionally quick and easy. You will experience no lagging issues with either application.

Either way, you will benefit from a bunch of cool features like advanced trading tools, a live chat for customer support, and in-app deposits. Android users also have the option to install the Admiral Markets Forex Calendar app for access to the latest economic news, events, charts, and trading reminders.

Payment Methods

Every customer of Admiral Markets will benefit from negative balance protection of up to $50,000 for professional clients and unconditional protection for retail accounts. In the unlikely event of Admiral Markets experiencing any financial difficulties, customers can also take advantage of the Financial Services Compensation Scheme (FSCS).

This renders them eligible for compensation of up to £85,000. Note that this is a viable option only for clients based in the United Kingdom since the FSCS applies only in this jurisdiction. You can have your peace of mind that your funds are in the hands of a reputable broker that operates in full compliance with security measures.

Back to the topic of deposits, you can transfer some money to your Admiral Markets balance with many different methods such as bank transfers, Klarna, Visa, Mastercard, Skrill, Neteller, SafetyPay, Przelewy, iBank, and iDeal. Some of the options are available only locally, so you may not be able to use them.

The accepted currencies depend on what method you use. There are no lower and upper limits on deposits with bank transfers. The minimum for the other available solutions is $50 while the maximum reaches $10,000 with some of the banking options. Commissions of 0.9% are charged on payments with Skrill and Neteller.

Withdrawals are processed via the above-mentioned e-wallets and bank transfers. There are again no limits when you cash out with the transfers. Those who use the e-wallets can request anywhere between $1 and $10,000 from their available balance. Each client is entitled to two free withdrawals per month regardless of what method is used.

BrandMinimumFeesProcessing Time
$10No FeesInstantaneous
$10No Feesup to 3 business days
$10No FeesInstantaneous
$100.9%, min. 1 EURInstantaneous
$100.9%, min. 1 EURInstantaneous
$10No FeesInstantaneous
$10No FeesInstantaneous
$10No FeesInstantaneous
$10No FeesInstantaneous
$10No FeesInstantaneous
BrandMinimumFeesProcessing Time
-2 free withdrawal requests every monthup to 3 business days
-2 free withdrawal requests every monthInstantaneous
-2 free withdrawal requests every monthInstantaneous
-2 free withdrawal requests every monthInstantaneous
-2 free withdrawal requests every monthup to 3 business days
-2 free withdrawal requests every monthup to 3 business days
-2 free withdrawal requests every monthup to 3 business days
-2 free withdrawal requests every monthup to 3 business days

Account Types

This reputable broker offers several account types to fit the needs of both inexperienced retail traders and highly skilled professionals. The pricing is nearly the same across all types of accounts, with minimum spreads ranging from 0.0 to 0.5 pips. Demo and Islamic accounts are also available, so stay with us for further information on their peculiarities.

Demo Account

The demo account gives beginner traders a good head-start, helping them to find their way around and familiarize themselves with the software. You can trade risk-free with a variety of instruments, including Forex and CFDs on indices and shares.

The free account expires after 30 days, which will suffice for you to get acquainted with the trading process. You can execute your deals on any device you choose, be it desktop or mobile. There is a quick-start guide that can further speed up your building of knowledge. Demo customers will also benefit from free market information and real-time news from the financial industry.

Admiral Markets Standard MT4 Account

The standard Admiral Markets account ranks as the most popular option among clients of the brokerage firm. You can register with a minimum investment of $100 only, having a choice from a variety of base currencies including EUR, USD, GBP, CHF, BGN, CZK, HRK, RON, HUF, and PLN.

This gives you access to an exceptionally versatile selection of trading instruments such as 37 currency pairs, 5 cryptocurrency CFDs, 4 CFDs for spot metals, 3 CFDs for spot energy markets and 63 CFDs for stocks. Other instruments you can trade with include index futures, bonds, and cash indices.

The leverage is variable based on what you trade exactly. Forex trading is leveraged at 20:1 to 30:1 for retail clients and 10:1 to 500:1 for professionals. Minimum spreads start at 0.5, with a minimum Forex order size of 0.01 lots. The maximum number of open and pending orders you are allowed at a time is limited to 200.

Admiral Prime MT4 Account

Another option for those keen on trading via the MetaTrader 4 platform is to set up up a live Admiral Prime account. This one offers the same base currencies like the standard account but comes with a greater variety of markets, with customers having a choice from as many as 45 Forex pairs.

The account also supports CFD trading on spot energy, cash indices, and spot metals. The leverage is the same as that for the account we previously discussed but minimum spreads start at zero here. With that in mind, you should also consider the fact there are commissions, which vary from $0.30 to $1.80 per lot based on the trading instrument.

Admiral MT5 Account

Admiral MT5 accounts can be opened with a minimum deposit of $100 or the currency equivalent. The base balance currencies are the same as those offered for the two MT4 accounts. As for the trading instruments, there are more than 3,700 of those here, including 37 Forex currency pairs and tons of stock CFDs.

One of the biggest differences here is that you are allowed a higher number of open and pending positions at a time, up to 500 to be exact. This account type is also available to customers of the Muslim faith who will not be paid or charged with interest.

Here you have a variety of cool and useful features including one-click trading, Expert Advisors, special settings that enable you to protect yourself from volatility, level II pricing, and access to the MetaTrader Supreme Edition add-on.

Admiral Invest Accounts

Finally, we have the Admiral Invest account. It should be noted that this option is mostly tailored to the needs of professional traders and investors, although retail clients can also use it. The account comes with an impressive portfolio of more than 4,350 stocks and up to 500 ETFs (around 200 for retail customers). One major difference here is that the account supports the exchange execution format for your trades.

Islamic Accounts

Admiral Markets recently added a new offering to its portfolio that is geared to the needs of customers who uphold the Muslim faith. Islamic accounts are now available at this broker, allowing Muslim clients to trade without being credited or debited with any interest fees on their overnight positions.

These swap-free accounts are available via the MetaTrader 5 platform. This enables customers of the Muslim faith to deal with CFDs on Forex currency pairs, hard and soft commodities, exchange-traded funds, bonds, shares, and indices.

Islamic accounts come with the same benefits standard swap accounts offer, including ultra-tight spreads, very fast order execution, and multiple tools for strategy traders. Orders that remain open for more than three days are charged with a flat administration fee. The fees vary based on what you trade but start at as low as $0.01 per lot to our knowledge.

Support

Another great thing about Admiral Markets is that it is a truly global broker that services clients from a huge number of countries. To better cater to their needs, the broker supports a versatile range of languages. Apart from English, support is provided in Russian, Spanish, French, Dutch, Portuguese, Italian, German, Slovenian, and many others.

Assistance and information are available via a convenient live chat, serviced by a team of professionals who are always quick to get back to customers. You can also use the feedback form to ask questions, report issues or make suggestions on how Admiral Markets can improve its services and website.

If you live in London, you can even drop by their St Clare Street office in person. Of course, they have offices in many other cities worldwide – you can see the exact addresses on the contact page.

Your other options include emailing them at hello@admiralmarkets.com or giving them a ring over the telephone. Below are some of the phone lines available for the different supported countries:

  • +44 2035 140 756 for the United Kingdom
  • +33 9 7001 9636 for France
  • +49 030 2574 1955 for Germany
  • +39 04 1852 0038 for Italy
  • +31 085 8880 467 for the Netherlands
  • +7 800 200 8647 for Russia
  • +61 1300 889 866 for Australia

Conclusion

Admiral Markets is a quality broker that offers everything beginner traders and experienced professionals could need to enjoy a hassle-free and lucrative trading experience. There are tons of options in terms of account types, not to mention the variety of markets and financial instruments here is immense.

Last but not least, the broker’s website is very easy to navigate and use. You will experience no issues finding your way around even if you are completely new to trading. If so, we suggest you start by checking the education page where you will find various free articles, insightful webinars, videos, and tutorials.