Abstract:Admiral Markets is an online forex broker registered in Australia and well regulated by ASIC, FCA and CYSEC.
Registered in | Australia |
Regulated by | ASIC, FCA, CYSEC |
Year(s) of establishment | 10-15 years |
Trading instruments | Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, bonds |
Minimum Initial Deposit | 1 AUD |
Maximum Leverage | 1:30 |
Minimum spread | 0.0 pips onwards |
Trading platform | MT4, MT5, own platform |
Deposit and withdrawal method | Bank wire transfer, skrill, neteller |
Customer Service | Email and phone number |
Fraud Complaints Exposure | Yes |
General information and regulations of Admiral Markets
Admiral Markets is an online forex broker registered in Australia and well regulated by ASIC, FCA and CYSEC.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Market instruments
Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, bonds.....Admiral Markets allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Admiral Markets.
Spreads and commissions for trading with Admiral Markets
It is commendable that in the contract specifications interface, Admiral Markets provides detailed information about the spreads, SWAPs, and stop levels of various instruments in various accounts in detail, which greatly facilitates customers' inquiries and comparisons.
Account Types for Admiral Markets
Demo Account: Admiral Markets provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: Admiral Markets offers a total of 5 account types: trade MT5, invest MT5, zero MT5, trade MT4 and zero MT4. The minimum deposit to open an account is $100, $1, $100, $100 and $100 respectively. The threshold to open an account in Admiral Markets is not demanding at all. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.
Trading platforms offered by Admiral Markets
As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.
However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.
https://www.wikifx.com/es/wikishow/202207208464173722.html
Leverage offered by Admiral Markets
The maximum leverage offered by Admiral Markets is only 1:30, which may seem too low to you. In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.
Deposit and withdrawal methods and fees
Deposits and withdrawals are always an important topic in forex trading, since many fraudulent brokers tend to misbehave in this process. In the case of Admiral Markets, there are in total 3 withdrawal methods: bank transfer, skrill and neteller.
Educational resources
A series of educational resources is available at Admiral Markets, such as articles, tutorials, seminars, glossary, FAQs, e-books, risk management, courses, podcast, webinars, etcetera.
Customer support of Admiral Markets
Below are the details about the customer service.
Language(s): English, German, French, Italian, Spanish, Portuguese, Chinese, Korean, Russian, etcetera.
Email: global@admiralmarkets.com
Phone Number: +44 20 8157 7344
Social media: Facebook, Instagram, LinkedIn, YouTube, twitter, telegram
Users exposures on WikiFX
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Advantages and disadvantages of Admiral Markets
Advantages:
Well regulated
MT4, MT5
Sufficient information
Educational resources
Many instruments available
Demo account
Disadvantages:
Complaints
Few deposit and withdrawal methods
Low leverage
Frequent asked questions about Admiral Markets
Is this broker well regulated?
Yes, it is currently effectively regulated by ASIC, FCA and CYSEC.
What trading platforms does this broker offer?
The platforms offered by Admiral Markets are MT4 and MT5.