Admiral Markets has an overall Trust Score of 84 out of 99, which is regarded as average-risk. Admiral Markets is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and no tier-3 regulators. It is not publicly traded and does not run a bank (low trust). Tier-1 regulators Australian Securities & Investment Commission (ASIC) and Financial Conduct Authority have granted Admiral Markets authorization (FCA). Because of its superior investor education, cutting-edge MetaTrader features, such the Supreme add-ons, wide selection of shares, FX, and CFD markets, and top-notch research content, traders favour Admiral Markets (Admirals). It contains:
- 100 minimum for deposits
- Trust Rating: 84
- Total Tradable Symbols: 8425
Education
You can acquire knowledge at Admirals (Admiral Markets) in the following ways:
- trial account
- videos for platform tutorials
- videos for general education
- Webinars
- good educational content
- trading podcasts every week
On Admirals’ YouTube channels, you may get instructional and tutorial films for the platform that are available in a number of regional languages. Depending on your trading background, Admirals provides courses and materials. There are articles at the beginning, middle, and advanced levels.
Admiral Markets Mobile App
You can utilize the MetaTrader mobile trading platform or Admirals, the company’s proprietary mobile trading platform, with Admirals (Admiral Markets). The Admirals app was evaluated.
Only in English, the platform is accessible on both iOS and Android. The Trade.MT4 and Zero.MT4 account types are regrettably not available in this situation if you prefer the MetaTrader app because you can only utilise the MT5 platform on the app.
Customer Service at Admirals
Admirals (Admiral Markets) can be reached at:
- Phone
- Live chat
Admirals offer an efficient live chat; a connection is made very instantly. Customers always received thorough assistance and pertinent responses. Customers benefit from friendly phone service and get thorough responses. The representative also offered to email details. But occasionally, the time it took to connect with an agent was a little longer than ideal.
Support by email is useful. Everyone received insightful and succinct responses to their questions. Customers enjoyed that they sought comments on the level of customer support.
Is Admiral Markets Safe for Trading?
Because of its long history, financial transparency, and stock market listing for its parent business, the Admirals Group, Admirals is regarded as safe. Admirals is currently going through a rebranding process after being known as Admiral Markets. Clients shouldn’t be concerned about this because it has no negative effects on the online broker’s services.
How are you safe?
Admirals is a network of diverse legal organisations. This is significant since the level of investment protection you are entitled to varies depending on the business.
Is Admirals (Admiral Markets) Regulated?
The UK Financial Conduct Authority (FCA), the Estonian Financial Supervision Authority (EFSA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investment Commission (ASIC), and the Jordan Securities Commission are just a few of the financial regulators that oversee it (JSC).
Pros
- In the crowded sector of MetaTrader-only brokers who provide few, if any, additional platform capabilities, Admiral Markets stands out.
- Provides the StereoTrader MetaTrader dashboard and the Supreme family of custom indicators.
- Acuity Trading’s sentiment research, Dow Jones News, and Trading Central signals are all included in Premium Analytics.
- Admiral Markets is a front-runner in this area for outstanding instructional content in 2022.
- Offers a special collection of volatility protection tools for risk management.
- Competitive pricing for EUR/USD; after $6 in fees, the total cost for its commission-based account is 0.7 pip.
Cons
- The variety of symbols that can be traded on the Admiral Prime account for MT5 is considerably smaller.
- For all of its group entities, Admiral Markets AS serves as the single liquidity provider and market maker.
- The commission-free Trade account’s spreads for EUR/USD are 0.8 pip in line with the industry standard.
- On MT5 accounts, the maximum contract size is 100 lots, as opposed to 200 lots on MT4 accounts.
Conclusion
Admirals began operations in 2001. We have more evidence that a broker has successfully weathered prior financial crises the longer the broker has been in business. Because Admirals (Admiral Markets) regularly and publicly releases financial accounts, the fact that Admirals’ parent business, the Admirals Group, is listed on the stock exchange is a huge positive for safety. All of these indicate that the admirals will be safe. The CFD broker Admirals (Admiral Markets) is excellent. It is governed by a number of financial regulators throughout the world, notably the FCA in the UK and the ASIC in Australia. The good news is that Admirals charge reasonable CFD trading costs and reasonable FX trading fees. We also like how quick and generally cost-free the deposit and withdrawal processes are. The procedure of opening an account is simple, quick, and hassle-free.
