Admiral Markets

The Company

Since its establishment by the Estonian government with its headquarters in Estonia, Admiral Markets Group has continuously expanded its geographical coverage and now allows trading across a vast variety of instruments. In Admiral Markets one can trade CFDs and currency pairs on indices, stocks, precious metals as well as energy-related products and cryptos (Bitcoin, Ethereum, Dash, Monero and Zcash). These products are offered through two different platforms (MT4 and the MT5) through its licensed companies all over the world. The Group comprises the following businesses:

— Admiral Markets Group AS, authorized from the Estonian Financial Supervision Authority for principal brokerage and investment activities within the European Union;

Admiral Markets (UK) Ltd., FCA, authorised and controlled through the Financial Conduct Authority (FCA);

— Admiral Markets Cyprus Ltd. It is authorized by the Cyprus Securities and Exchange Commission (CySEC);

— Admiral Markets Pty Ltd, located in Sydney and controlled through the Australian Securities and Investment Commission (ASIC).

Security of Funds

All the units that are part of Admiral Markets are duly regulated by the authorities of Europe in Europe and Australia and they apply specific rules to brokers. One of these are the minimal capital requirements for brokers who are licensed as an assurance of their financial standing. Each CySEC as well as FCA require brokers to keep net tangible assets that are at minimum EUR 730 000, whereas ASIC requires minimum $ 1 million.

Additionally, these authorities also require that all funds stored by clients be stored in separate trust accounts, which are separated from the operating funds of companies.

Furthermore, customers of licensed Cypriot as well as UK broker are covered under the compensation schemes, which are applicable in the event that a licensed firm goes into bankruptcy: Insolvency: The Financial Services Compensation Scheme (FSCS) in the UK can pay compensation up to PS50,000 per individual per licensed entity and Cypriot Investor Compensation Fund Cypriot Investor Compensation Fund may pay for investment losses to the maximum of 20.000 EUR for each person. Australian Regulation of FX brokers However, it does not contain any compensation schemes.

Additionally under the MiFID Passporting Regime companies regulated by the country of their EU “home state” are permitted to provide services to customers of other members States in the European Union.

Trading Conditions

Minimum Initial Deposit

Admiral Markets requires its clients to pay at least $200 before they can create an account that is the average amount for the market of forex. Comparatively, AxiTrader is a broker that holds permits from FCA and ASIC requires at minimum $200 from its clients, and at least $1000 for ECN account holders.

Average Spreads & Commissions

Admiral Markets provides variable spreads that average 1.2 per cent for the EUR/USD exchange rate on commission-free accounts or 0.6 on ECN accounts, which entails the payment of $6 per turn for a normal lot. It basically implies that the costs of trading on different types of accounts are comparable about 1.2 pip, which is the average.

For comparison, AxiTrader`s typical spreads for commission-free accounts are around 1.4 per cent on EUR/USD, and ECN ones average 0.4 per cent on EUR/USD, with an average commission of $7 per around. For more details look up and look up the real-time spreads offered by fifteen top brokers here.

Maximum Leverage

This broker provides leverage of that is up to 1:400, which is the highest portion of the industry’s norms and is considered to be a premium rate. Yet, many brokers offer comparable or even greater leverage levels. Check the table of FX brokers with leverage greater than or equal to 1:500..

However, traders must be wary of high leverage as it can boost their earnings on an initial deposit, and also result in massive losses that exceed the initial investment.

Trading Platforms

Admiral Markets supports two of the most well-known Forex trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

MT4 can be fully customized to suit virtually any situation or skill level, as well as your personal preferences. It is available on desktop, web , and mobile version. MT4 includes every tool and resources that a trader could need: a range technological indicators an advanced charting program, one-click trade option, Expert Advisors (EAs which permit complete automation of trades) and a vast back-testing facility.

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:

* Mini Trader is a simple and effective way to enhance the creation of orders in a neat and small window

* Trading Terminal – utilizes the mini Trader terminal that supports different currencies that can be conveniently placed in one place

* Alarm Manager – sends alarms for events that are important in accordance with your preferences

The Correlation Trader aids in taking advantage of correlation pairs, and/or taking care to avoid the danger

* Correlation Matrix shows the correlation between all currencies.

Admiral Markets also supports the MT5 (desktop and mobile versions are also available) This platform was designed and promoted as a better alternative to MT4 however, some brokers still use the old technology, because MT5 doesn’t support all of the indicators and EAs in MT4. There are many brokers that are MT5 compatible here.

Additionally, Admiral Markets offers rich Educational and Analysis sections on its website. While some brokers offer training courses and webinars, the analysis offered by Admiral Markets is truly outstanding. It provides high-quality analytical analysis of the fundamentals, technical waves analysis and forex calendars, as well as Market Sentiment, Autochartist, and market heat maps. It is apparent that this broker is striving to help its customers to make informed and savvy trading decision-making.

Payment Methods

Admiral Markets Admiral Markets investors can choose between bank wire transactions, payment using credit card (VISA as well as MasterCard) and electronic wallets Skrill, Neteller, Sofort and PayPal..

The deposits to trading accounts can be made using a wide range of currency types, and can later be converted into GBP, EUR, USD, CHF or other applicable currencies.

Conclusion

Admiral Markets is a global broker that has strong regulation and many years of experience offering quick market execution and price transparency. It has attractive conditions for trading on a variety of instruments the two platforms of MT4 as well as MT5.