Admiral Markets Broker
Who is Admiral Markets?
Admiral Markets is a forex and CFD broker founded in 2001, with headquarters in Tallinn, Estonia and offices across the world including London and Zagreb. The brokerage offers multiple financial instruments traded on MT4 and MT5 trading platforms. It is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) as well as the Cyprus Securities and Exchange Commission (CySec) and the Estonian Financial Supervision Authority (EFSA).
Commissions and Fees
In general, deposits are free, with the exception of Skrill and Neteller. Their trading costs are low, as they receive fees through spreads. There is a $10 monthly inactivity fee for accounts that have not been used for a couple of years. The trading costs depend on the instrument and the type of account a trader opens, as some accounts offer trading without commissions while others are based on commissions
Traders have the option to open 4 accounts. The Admiral Prime Trading Account, Admiral.MT5, Admiral Invest and Islamic Forex account.
Leverage up to 1:30 is available on all accounts and minimum deposit is $100.
The MT5 account provides the widest range of instruments, whereas the Admiral Prime MT4 account is more suited for those trading forex exclusively. The most cost-efficient account is the Admiral Prime account, which has a limited number of instruments to trade.
Islamic swap-free and professional accounts are also available.
Admiral Markets is a market maker and does not offer STP/ECN accounts.
The broker offers a demo account with $10,000 in virtual funds so traders can test the MT4 and MT5 platforms.
Admiral Markets provides the MT4 and MT5 with 12 expert advisors and 20 indicators. The suite includes news, candle countdown timer, a spread widget and access to Trading Central. It offers volatility protection tools. The MT4 offers the choice to add over 50 built-in indicators, access different trading orders, and automate trading using Expert Advisors. The MT5 provides access to multiple markets, data and news as well as charts with timeframes. The Admiral Markets MetaTrader for WebTrader is both available for MT4 and MT5 platforms, as you can browse anywhere without needing to install or download anything. MT4 and MT5 are also available on mobile trading apps for Android and iOs devices and can be downloaded from the Apple app store or Google PlayStore, as well as from the Trader’s room area.
Education and Research
There is an extensive range of research and educational content for beginners and professionals.
A free service to its customers, Admiral Markets Premium Analytics ensures that traders have access to Dow Jones News’ calendar, Trading Central signals, and sentiment widgets from Acuity Trading. Heat maps, fundamental and technical analysis and Elliot Wave analysis are also available.
About Admiral Markets
Founded in 2001, Admiral Markets is a regulated broker (FCA, ASIC, CySec and EFSA) for forex and CFD trading. Admiral Markets offers extensive educational resources for beginners as well as good-quality research and access to Dow Jones News, Acuity Trading, and Trading Central.
Offering the MetaTrader platform suite and extensive educational content and instruments, Admiral Markets is a competitive broker suitable for beginners and professionals. With good regulation and multiple trading accounts
Lacks a daily and in-depth market analysis