Admiral Markets Forex Review (In-Depth Analysis)

Our Super In-Depth 98 Point Review & Background Analysis Of Admiral Markets Enables You To Decide If They Are The Right FOREX CFD Broker For You

REVIEW BREAKDOWN
Broker Reputation & Customer Satisfaction
Selection of Trading Instruments (Forex, Shares, Indices, Crypto)
Trading Platform (Web Trader + MetaTrader 4 + MetaTrader 5)
Direct Market Access Via ECN & STP
Regulation & Investor Protection
Spread & Leverage
Customer Service & Support

Review - Winner

Admiral Markets CFD Forex Broker Review

Admiral Markets has been around since 2001 which makes it one of the more established CFD Forex Brokers in the industry.  Based in Estonia, Europe, Admiral Markets are focused on enabling their clients open and transparent access to the markets while using the best platforms around, MT4, MT5 and MetaTrader Supreme Edition. Straight Through Processing (STP) and Electronic Communications Network (ECN) accounts also mean direct market access, lightning quick execution and no conflict of interest.

Admiral Markets Review Summary Pro’s Con’s
FPA Rating ★★★★ (Excellent) ★ Retail & Pro Accounts + ECN & STP ✘ ZuluTrade or MyFXBook
TrustPilot Score N/A ★ Choice of Spread or Commission
★ MT4, MT5 &  MT Supreme Platforms
Open An Account ★ 32 Cryptocurrencies
★ Bonds, Fx, ETF, Stocks, Commodities

 

Broker Ratings & ReputationAdmiral Markets CFD Forex Broker Review

Trusting the broker you are using is critical.  You need to be sure that the broker is reputable, efficiently run and well regulated.  To be able to assess the quality of a broker we have chosen to use two sources of ratings, because some brokers may be unfairly discriminated against on one rating website, and have great reviews on another website.  We have chosen what we believe to be the best to sources for impartial customer ratings.  Firstly we use Trustpilot, it is a well established independent website where customers can rate brokers.  Secondly, we use ForexPeaceArmy (FPA) which is a very well run community-driven rating site focused on fairness.  One of the issues with review sites is that sometimes unhappy customers form the majority of reviews as they are an outlet for complaints, the happy customers feel no need to review the service as they are content.

Admiral Markets scores extremely well on the FPA rating website, with 4 stars, which is the highest rating seen for any CFD Broker.  There are not enough Trustpilot customer ratings to make it worth including.  Admiral Markets has the highest reputation of any broker I have seen, and has very happy customers.

Types Of Accounts Available At Admiral Markets

Platform MetaTrader 4 MetaTrader 4 MetaTrader 5 MetaTrader 5
Account Admiral.Markets Admiral.Prime Admiral.MT5 Admiral.Invest
Minimum Deposit (EUR, USD, GBP, CHF) 200 1000 200 1000
Currencies 36 45 36
Cryptocurrency CFDs 5 32
Spot Metal CFDs 4 3 5
Spot Energy CFDs 3 3
Index Futures CFDs 4 7
Cash Index CFDs 16 4
Stock CFDs 64 0 3000+ 4000+
Bonds CFDs 2
ETF’s 500+
Leverage (Forex Retail) 1:30 – 1:20 1:30 – 1:20 1:30 – 1:20
Leverage (Forex Pro) 1:500 – 1:10 1:500 – 1:11 1:500 – 1:12
Leverage (Indices Retail) 1:20 – 1:10 1:20 – 1:11 1:20 – 1:12
Leverage (Pro) 1:500 – 1:10 1:500 – 1:11 1:500 – 1:12
Spread, Pips From 0.5 From 0 From 0.5 From 0
Limit / Stop Levels, Pips 0 pips 0 pips 0 pips 0 pips
Commissions Single Share & ETF CFDs – from 0.01 USD per share Forex & Metals – from 1.8 to 3.0 USD per 1.0 lots Single Share & ETF CFDs – from 0.01 USD per share Stocks & ETFs – from 0.01 USD per share
Execution Type Market Execution Market Execution Market Execution Exchange Execution
Requotes
Stop Out Retail 50% 50% 50%
Stop Out Professional 30% 30% 30%
Negative Balance Protection 
Hedging
Table 1: Service & Leverage Per Account – Admiral Markets (Big Benefits In Green)

I have highlighted the standout benefits in green in the table above.  The reason Amiral Markets has very happy clients is due to the tight spread, market and exchange execution, negative balance protection and a massive selection of instruments.

As you can see Admiral Markets are competitive if not the best across the board. The only decision you will need to make is the type of account you want.  The Admiral.Markets account is a Straight Through Processing (STP) account which enables direct market access to the big liquidity providers like hedge funds and investment banks, this is great for the trader because the broker is not taking the opposite side of your trade therefore not trading against you.  Because it is an STP account you will pay a tight spread to fund the transaction with the liquidity providers.  It has a good selection all the instruments with spreads from 0.5 pips but does not have ETF’s.  The Admiral.Prime account has 45 currencies & 3 spot metal CFD’s at 0.0 pips spread.

The MetaTrader 5 platform has 2 accounts, the Admiral.MT5 account with a great selection of instruments, including a huge 32 cryptocurrencies, and a monster selection of over 3000 share CFD’s.  These are all offered at 0.0 pips, but instead with a very small commission.  Finally, the Admiral.Invest account is clearly targetted at investors in stocks and ETF’s with 4000+ Stock CFD’s on offer and a huge 500+ ETF CFD’s.

Choose the account right for you, based on if you want to trade Stocks and ETF’s, or you prefer a broad selection of currencies, cryto’s and commodities

Forex Trading

Admiral Markets offers a huge selection of up to 45 foreign exchange (Forex or Fx) pairs for trading.  All the common pairs such as EUR/USD and EUR/GBP are covered, plus more exotic pairs such as NZD/JPN (New Zealand/Japan).  Leverage is available up to 500:1 for professional accounts and 20:1 for retail accounts.

Cryptocurrency Trading

Trading Crypto is hot right now, and Admiral Markets currently offer 32 Cryptocurrency pairs in their Admiral.MT5 account, that is the best selection available from any broker.  There are 22 Crypto’s versus Fiat Currency pairs or you can go for any of the 10 Cryptocurrency cross pairs, including Stellar & Zcash

Share, Indices & ETF Trading

The two MetaTrader 5 account specialize in Stocks & ETF’s offering over 4000 stocks from Europe, U.K and the United States.

In terms of ETF’s,  again Admiral Markets have a massive selection of over 500 covering Euronext (France, Netherlands), Germany, Switzerland, U.K and the U.S.A.  For Indices, the major US, European and UK indices are covered.

Commodities

For those interested in commodities, there are 16 to choose from, which gives you enough to trade if your focus is on commodity futures. The usual commodities like Oil, Coffee, Corn, Wheat, Copper, Sugar, Orange Juice and all the metals are available.

Brokers Trading Platform

Admiral Markets aims to keep it simple and straight forward when it comes to choice of tools, you have the choice of Admiral Markets MetaTrader 4  or MetaTrader 5.  Of course, whichever desktop software you choose, you will still be able to trade from your tablet and smartphone. The MetaTrader 4 App has a 4-star rating on the Play store and in the Apple store 4.5-stars, which means you will get a great mobile trading experience. Ultimately you know you will be getting a solid and seamless experience however and wherever you choose to trade.

Admiral Markets Web Trader For MT4 & MT5

You can use the Admiral Markets Web Trader platform which is easy to use yet very powerful, this will give most retail investors what they need with a minimal investment in training and no installation required.  Simple “one click to trade” enables you to execute the trade quickly.  You have all order types available, so there is no pairing back of functionality with the online tool.  Naturally, you get streaming real-time quotes, but the best thing is that the orders are processed using Straight Through Processing (STP) which means the order goes straight to the top tier liquidity providers to optimize order (Bid/Spread) pricing and execution.

Admiral Markets WebTrader Platform Review
Admiral Markets WebTrader Platform Review

Admiral Markets MetaTrader Supreme Edition for MT4 & MT5

If you want to operate an ECN account with direct market access you can utilize the best, MetaTrader 4 or 5.  MetaTrader will open up a world of automated trading and real-time streaming of news and events, it may take some time to work on your learning curve but it will be well worth it.  The ECN is worth its weight in gold because you trade directly in a pool with other traders without the middle man or Market Maker, this is how you get spreads close to 0.0, but instead, there is a transaction fee commission on the trade due to the costs of operating the ECN.  The ECN is not operated by Admiral Markets, but they do have a Fiber link into the ECN for faster trade execution.

There are Zero costs associated with using the platforms available.

Admiral Markets – MetaTrader Supreme Video

MetaTrader Supreme Edition

Watch The Video Overview

 

Powerful Signals & Research For Clients

Admiral Markets provides email and video trading signals and analysis through Trading Central, focussing on specific high probability setups.  Admiral Markets also pride themselves on enabling cutting edge education for their clients.  Their various youtube channel host thousands of educational and market update videos and their own private channels for registered clients provide daily briefings.  They also have live webinars nearly every day of the week and have a huge selection of training videos and resources.  Supporting the customers to be successful is a primary concern for Admiral Markets.

Company Background & Regulators

Admiral Markets was established in 2001 in Estonia, Europe. They have offices in the UK, Estonia, Cyprus, and Australia. The holding company is Admiral Markets Group AS Estonia a privately held company supervised and regulated by the UK FSA, Estonia EFSA, Cyprus CySec and the Australia Securities and Investments Commission (ASIC). The research concludes there have been no violations of regulations in any of the jurisdictions.

Account Funding & Investor Protection

Account Funding

Opening a demo account is free, but to start trading you will need a minimum balance of $200 for retail accounts and $1,000 for a premium account.  Minimum balances seem to be important to some people, but from my perspective, if you cannot afford $200, you probably should not be attempting to trade CFD’s.

Investor Protection

Admiral Markets do offer negative balance protection for all accounts except the direct connection ECN Admiral.Invest account which is great for traders.  Admiral Markets are doing things the right way because they do not act as the Market Maker they are routing your trades through various liquidity providers or onto the Electronic Communications Network (ECN) which connects all the globals banks and major funds, his has benefits to the trader because you are getting the absolute best bid and ask price spread.

Finally, as per regulatory requirements, Admiral Markets operates segregated accounts, meaning that your cash account is segregated from the accessible funds available to Admiral Markets, simply meaning, they cannot use your funds to trade their own account.  Also, there is insolvency compensation of up to 20,000 EUR in accordance with regulations.

Customer Support & Satisfaction

Customer support is available on a 24/5 basis offering call-in numbers across the globe.  Also, they have a remote support feature whereby support engineers will connect directly to your PC or Mac and fix any problems you have.  Add this to the direct line to the dealing desk,and online chat and email support and you cannot ask for more.  You can also see from their 20,000 twitter followers there are few complaints about the service.

Review Summary Admiral Markets

Admiral Markets is simply one of the best and most reputable CFD Forex brokers who really care about offering their clients the best market conditions to trade in.  A great set of trading platforms including MT4, MT5 and their own MetaTrader Supreme edition combined with a choice of Market or Exchange execution, mean Admiral Markets is one of the best companies operating today.  A good reputation is important in this industry and they have it, a respectable regulated company offering a great platform and a suite of signals, alerts and market updates to help their clients be profitable.

Open An Account With Admiral Markets

Admiral Markets: In-Depth Service Data Sheet

BrokerAdmiral Markets CFD Forex Broker Review
Customer Ratings
ForexPeaceArmy Rating★★★★ (Excellent)
Trustpilot Stars Rating-
Trustpilot (% Average Rating & Above)-
Dealing Type STP
Dealing Type ECN
No Dealing Desk / Market Execution
Market MakerNo
Instruments & Leverage
Forex Pairs 47
Forex Leverage1:500
Forex CommissionsSpread / Commission
Crypto Trading #32
Crypto Leverage1:5
Shares #4000+
Shares Leverage1:20
Shares Commission
Indices #19
Indices Leverage1:500
Indices CommissionSpread
ETF #500+
ETF Leverage
Commodities, Bonds, Treasuries
Commodities / Futures19
Commodities Leverage1:500
Bonds / Treasuries #2
Bonds Leverage1:200
Automated Trading
Funding & Company Size
Minimum Balance200 EUR
Established2001
Investor Protection
Negative Balance Protection
Guaranteed Stops
Volatility Protection
Segregated Accounts
Investor Protection $£50,000
Regulated ByFCA UK / CySec / EFSA Estonia
Parent CompanyAdmiral Markets Group AS Estonia - Private
Primary Business LocationEstonia, Europe
Trading Software
SoftwareMetaTrader 4
MetaTrader 5
MT WebTrader
MT4 for OSX
Mobile Software
Customer Services
Customer SupportPhone, Chat, Email, Multiple Languages
Research / SignalsDow Jones Newswires, Trading Central
Social Trading
Islamic Account
EducationSeminars, Webinars
Twitter Followers20,000

CFD Risk Notice ESMA & FCA Risk Warning - "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts may lose money when trading CFDs with any provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk"

We thoroughly background check the brokers we recommend and only list reputable trustworthy companies.  Read our tips to perform your own background checks, and test a broker after you sign up. You can perform your own check easilly. LiberatedStockTrader.com accepts no responsibility for your experience with any broker.
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Frequently Asked Questions About CFD Brokers

How do I find a trustworthy CFD Broker?

There are thousands of brokers offering Contracts for Difference Brokerage Services.  CFD’s differ from buying or selling regular stocks or foreign exchange because you do not actually own the underlying stock or currency.  Instead, you own a contract for that instrument which should closely represent the underlying asset’s value. We recommend you check ratings on Trustpilot, it is a well established independent website where customers can rate brokers.  Secondly, you can use ForexPeaceArmy (FPA) which is a very well run community-driven rating site focused on fairness.

Why are CFD’s not available in the USA?

CFD’s are not allowed in the U.S.A., Canada, and India, due to the fact they do not represent trading or exchange of the actual asset. They are forbidden under the Securities and Exchange Commission regulations.  CFD trading is huge in Europe and Asia, where it is completely legal and regulated.

Why do people complain about not being able to get their funds back from CFD Brokers?

One of the issues with review sites is that sometimes unhappy customers form the majority of reviews as the websites are an outlet for complaints, the happy customers feel no need to review the service as they are content.

Due to money laundering legislation and anti-terrorism laws, all financial institutions are not allowed to return money to a bank account that did not send the money in the first place.  This means you cannot fund your account from bank A and expect your funds to be returned to bank B.  Many traders do not realize this, and when the brokers need to investigate the potentially fraudulent request, the delays make the customers angry, this is typically not the fault of the reputable broker. That is not to say all brokers are reputable.

What kinds of Fraud Activities are in the CFD Industry?

Many brokers act as market makers for their clients, meaning they provide the liquidity upon which you trade.  An unscrupulous broker might manipulate the market prices to benefit themselves.  Tactics like not executing trades, or executing trades at different prices to the ones on the quote screen for example.  This is why reputation is everything in this industry.

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