🔥 Admiral Markets Test 2021: Broker Experience & Rating

If you want to achieve a high return in trading with the exchange products, which should primarily arise in the short term, then it is very likely that you will not be able to bypass the CFD products. Here you can use the smallest price changes to make really high profits. Such CFD products are offered by various online brokers.

One such online broker is Admiral Markets, for example. In order to clarify in advance whether it is a recommendable broker or not, it is important to take a look behind the scenes. This is the only way to find out whether it is a reputable and good provider or whether it would be better to look around for an alternative.

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Admiral Markets Brief Overview - The Key Facts About Admiral Market:

• The foundation took place in 2001
• The broker is regulated by the UK FCA
• Various account models and trading platforms are made available
• Free demo area

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Registration with the broker Admiral Markets: Our step by step guide 

To be able to use the many functions of Admiral Markets, an account must be opened at the beginning. It should be mentioned that the registration only takes a few moments.

1. Registration with Admiral Markets 

The registration works without much effort. You can find the registration form on the homepage and then give your name, email address and password. The account is now open.

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2. Verification 

When it comes to confirming your identity, such as your home address, it works without any problems: Simply upload a photo ID and submit it - you can use your driver's license, passport or ID card here; In order to confirm the place of residence, a consumer bill (gas or electricity bill) must be submitted on which the name and address are clearly legible. The invoice should not be older than six months.

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3. deposit 

In order to participate in trading, the account must be topped up. In addition to bank transfers, Admiral Markets also offers the option of topping up your account with your credit card. PayPal is also accepted.

The minimum deposit is 200 euros. Thus Admiral Markets is below the industry average of 250 euros.

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4. Trading on the platform 

If the deposit has been made and the money is then in the account, although it can take different lengths of time until the money is in the account depending on the deposit method selected, the functions are now available.

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What is Admiral Markets Broker? The history of the broker

The online broker Admiral Markets was founded in 2001 - in Russia. In 2003 the first branch in Europe was opened. Admiral Markets decided to set up a branch in Estonia. Another branch followed in 2011 - this time in Germany. In 2016 Admiral Markets began to revise its own global strategy and then began to change the chosen strategy in order to be able to concentrate more on the key markets and target segments. Attempts have been made to make the market more attractive for private customers - and if you look at the increasing number of customers, that has definitely been successful.

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Our Admiral Markets experience: The Admiral Markets conditions put to the test

Anyone who wants to increase their savings as a trader or investor will also have to deal with the offer of the online broker. With more than 7.500 stocks, Admiral Markets has a wide range of products. One could almost say that there is a suitable asset for every trader. And yet there are some areas in which Admiral Markets cannot keep up with the competition - for example with raw materials.

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Trading at Admiral Markets: The range of individual trading instruments being tested

It doesn't matter whether you speculate in stocks, are interested in cryptocurrencies or prefer to deal with raw materials - you have to get an idea of ​​the trading instruments in advance in order not to be disappointed if the desired favorites don't exist.

Trading stocks & ETFs

Admiral Markets offers trading in stocks - traditionally or as part of CFD trading. Here you can find the most famous blue chips, which can then be traded “short” or “long” via CFD. There are no additional costs involved in opening a “short” position. The leverage for retail clients is 1 in 5 - the maximum is 1 in 20.

Another instrument that can be used for trading are exchange-traded funds - or ETFs for short. Here Admiral Markets also scores with very low commissions that start with 0,01 US dollars. ETFs are principally traded without margin and leverage, although there are also CFDs on ETFs. For retail clients there is a trade of 1 to 5, for professional clients a leverage of 1 to 20.

You can also trade CFDs on indices.

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Trading Forex

Forex trading is clearly the top priority - although Admiral Markets makes sure to offer great diversity, this is actually where the largest offer is available. There are more than 40 CFDs on forex pairs. This means that an attractive selection is already available here so that you can then speculate in foreign exchange. In addition to the classic majors (USD / EUR, CHF / EUR) there are also exotic currency pairs - for example USD / CZK. The fast order execution is particularly noteworthy. Here an execution follows within milliseconds at the displayed market price.

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Trading in raw materials

Another available market is that of raw materials. Here the trader can speculate with gold, oil, silver and palladium.

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Trading in cryptocurrencies

Particularly interesting - the cryptocurrencies. Above all, the interest in Bitcoin and Co. is increasing. So it is no surprise that Admiral Markets has its own area with crypto currencies. This means that you can now speculate with Bitcoin, Bitcoin Cash, Ether, Litecoin and other crypto currencies.

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The functions of the Admiral Markets trading platform

The following trading platforms are made available by the online broker Admiral Markets:

• MetaTrader 4 - MT 4 (for Mac and Windows)
• MetaTrader 5 - MT 5 (for Mac and Windows)
• MetaTrader Supreme Edition
• MetaTrader WebTrader (usable in the browser)

MetaTrader, a trading platform developed by MetaQuotes, is one of the best-known and most popular software that traders use to gain access to the financial markets.

It is important, however, that you think about which platform you will ultimately choose for your project in advance. Because even if it is MetaTrader, there are a few differences that should not be ignored.

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MetaTrader 4 - MT 4

Admiral Markets offers traders the well-known and popular MetaTrader 4 trading platform. The focus here is on effective technology in order to subsequently be able to participate successfully in trading. Fast trading is made possible, with MetaTrader 4 being able to trade manually on the one hand, and automated trading on the other. There are advanced tools for chart analysis as well as the ability to customize the user interface to suit your own needs.  

The trading platform provides traders with real-time prices, news, analyzes and charts - completely free of charge. And the advantage is that you can make individual adjustments here too, so that MetaTrader 4 ultimately becomes your very own personal platform.

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MetaTrader 5

With MetaTrader 5, Admiral Markets has another trading platform in its luggage, which has also proven itself as a multi-asset platform. Here there is the possibility to be able to trade particularly effectively with CFDs, Forex as with other instruments. MetaTrader 5 scores with a technologically mature analysis tool and then helps to identify certain market developments in good time.

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MetaTrader Supreme Edition

All those who do not want to be satisfied with the classic services of MetaTrader can opt for MetaTrader Supreme Edition. A trading platform that is primarily made available to customers who either want to work with MetaTrader 4 or MetaTrader 5 and who want to delve deeper into the subject with further state-of-the-art instruments.

The advantages of MetaTrader Supreme Edition:

• There are precise indicators to be able to carry out technical analyzes
• There are analysts' opinions as well as various trading strategies
• There is a Market Sentiment widget extension
• Administration is completely uncomplicated via the mini terminal
• An integrated margin calculator is available

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MetaTrader web trader

In addition, with the web trader there is still the option for all those traders who do not want to load any software on their computer, but only want to trade via the browser. Because you can get in from anywhere and then open or close positions.

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Admiral Markets account types

If you want to open an account with Admiral Markets, the following account models are available:

• Admiral.Markets account
• Admiral.Prime account
• Admiral.MT5 account

Depending on the selected account, there are some differences to note:

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Admiral.Markets account

• Minimum deposit: 200 euros
• Trading instruments: 37 US stocks CFDs, 31 currencies, 17 index CFDs, 4 spot metals CFDs, 3 spot energies, 2 interest CFDs
• Spread: starts at 0,8
• Leverage: between 1 in 25 and 1 in 500
• No commission
• Stop Out: 30 percent

Admiral.Prime account

• Minimum deposit: 1.000 euros
• Trading instruments: 44 currencies, 3 spot metals, CFDs
• Spread: starts at 0
• Leverage: between 1 in 50 and 1 in 200
• No 3 euros per 1 lot
• Stop Out: 50 percent

Admiral.MT5

• Minimum deposit: 1.000 euros
• Trading instruments: 26 currencies, 2 spot metals, CFDs
• Spread: starts at 0,02
• Leverage: 1 in 100
• No 0,003 percent of the trading volume
• Stop Out: 30 percent
  

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Please note the following margin requirements for currency pairs:

Admiral.Markets account

• Account balance up to 20.000 euros = leverage 1 in 500
• Account balance between 20.000 euros and 80.000 euros = leverage 1 to 200
• Account balance between 80.000 euros and 150.000 euros = leverage 1 to 100
• Account balance over 150.000 euros = leverage 1 to 25

Admiral.Prime account

• Account balance up to 80.000 euros = leverage 1 in 200
• Account balance between 80.000 euros and 300.000 euros = leverage 1 to 100
• Account balance over 300.000 euros = leverage 1 to 50

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The following leverage settings apply to commodity CFDs, gold such as silver, oil or also for cash indices:

Admiral.Markets account

• Account balance up to 20.000 euros = leverage 1 in 200
• Account balance between 20.000 euros and 80.000 euros = leverage 1 to 80
• Account balance between 80.000 euros and 150.000 euros = leverage 1 to 40
• Account balance over 150.000 euros = leverage 1 to 10

Admiral.Prime account

• Account balance up to 80.000 euros = leverage 1 in 200
• Account balance between 80.000 euros and 300.000 euros = leverage 1 to 100
• Account balance over 300.000 euros = leverage 1 to 50

The following levers count for platinum such as palladium and index futures:

• Account balance up to 20.000 euros = leverage 1 in 100
• Account balance between 20.000 euros and 80.000 euros = leverage 1 to 40
• Account balance between 80.000 euros and 150.000 euros = leverage 1 to 20
• Account balance over 150.000 euros = leverage 1 to 5

With the Admiral.MT5, the leverage remains at 1 to 100.

If you want to try out the functions completely safely at the beginning, you can use the demo account. Please note that the demo version is available for 30 days. Ideal for all those traders who do not want to invest their savings right from the start.

It should be noted that the demo account can be used for 30 days if the trader decides to use the Admiral Markets live account afterwards. So if you decide to trade with real money, the demo area remains active.

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The Admiral Markets App

Anyone who opts for Admiral Markets can also access their custody account completely independent of location and open and close positions. You can get MetaTrader as a mobile version on your smartphone and / or tablet and thus also trade on public transport or earn money while waiting for the bus.

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The deposit methods at Admiral Markets

When it comes to depositing into the Admiral Markets account, you will first have to take a look at the available deposit methods and hope that the preferred option will be listed. Due to the fact that Admiral Markets offers a variety of different deposit options, it may well be possible that the personally preferred option can also be found.

It should be taken into account that there may be a commission depending on the selected deposit or that there are differences in the minimum amount or the maximum amount to be paid.

• Bank transfer: no commission, € 200 minimum deposit, no maximum
• Credit card: no commission, 200 euros minimum deposit, maximum: 5.000 euros
• Klarna: no commission, 200 euros minimum deposit, maximum: 10.000 euros
• Skrill: 0,9 percent or EUR 1 commission, EUR 200 minimum deposit, maximum: EUR 10.000
• Neteller: 0,9 percent or EUR 1 commission, EUR 200 minimum deposit, maximum: EUR 10.000

BankWire, PayPal and instant transfer are also available. The account can be managed in US dollars, British pounds, euros and Swiss francs.

The following withdrawal methods are accepted by Admiral Markets:

• Bank Transfer
• BankWire
• Instant Bank Transfer
• PayPal
• Neteller

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Security at Admiral Markets

No matter how convincing an online broker may be - if there is evidence that it could be fraud, you should stay away from it and look for another provider. But how do you know that it is fraud or how do you determine that it is a reputable provider who can be trusted?

Regulation of Admiral Markets

The magic word is regulation. If an online broker is regulated, one can assume that it is a reputable provider. Of course, you shouldn't forget to take a look at the supervisory authority - especially if it is a renowned authority that also regulates many other online brokers or is known to be particularly strict, you don't have to worry about fraud do.

Admiral Markets UK Limited is based in the UK and is therefore regulated by the Financial Conduct Authority (FCA for short). This is the British supervisory and regulatory authority, which then also oversees the holding company Admiral Markets Group AS. Furthermore, Admiral Markets must adhere to the guidelines on markets for financial instruments (Markets in Financial Instruments Directive - MiFID for short).

Furthermore, customer funds are kept separate from operating funds - this is also stipulated by the FCA, among others. The trader's money is administered and stored in a credit institution that is regulated by the EEA. This is also checked by the FCA at regular intervals.

Deposit insurance from Admiral Markets

If Admiral Markets were to file for bankruptcy, traders could obtain a so-called compensation through the Financial Services Compensation Scheme (FSCS for short). The value of the amount of money hedged is £ 85.000 / trader.

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Admiral Markets customer service

The area of ​​customer support makes Admiral Markets a competent and serious impression. On trading days, Monday through Friday, you can contact the Admiral Markets staff around the clock. However, this does not apply to the German branch - here the employees are only available between 9 a.m. and 18 p.m. However, in addition to telephone support, it is also possible to establish contact by e-mail or live chat. It is important, however, that you should be able to speak English here - since the broker is based in Great Britain, it is no surprise that the majority of the employees only speak English.

Emails are usually answered within 24 hours. If you decide in favor of live chat or telephone contact, you try to solve the problem immediately or deal with the matter immediately.

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Admiral Markets Terms: Fees & Costs

In the end, it's also important to grapple with the fees. This is the only way to find out whether it is a really recommendable broker or not - because if fees are charged too high, then it is sometimes better to decide against the broker. Ultimately, the fees gnaw at the profits - and ridiculously high fees really do not have to be paid in view of the large number of online brokers that are represented in the market.

spreads

With a view to the spreads, Admiral Markets might be recommendable. There are different spreads depending on the selected account model. It should be noted that Admiral Markets is within the industry average.

fees

First and foremost there are the so-called overnight fees. So if a position is held overnight, Admiral Markets charges fees. For this reason, it is sometimes better to end positions before the night.

Admiral Markets also imposes an inactivity fee. Anyone who has not given a sign of life for more than two years must subsequently pay a monthly inactivity fee of 10 euros / month.

Admiral Markets waives custody fees.

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Experiences and user opinions about Admiral Markets on the Internet

In order to be able to make the decision for yourself whether you want to use the services of an online broker or not, it can very well help to take a look at the experience reports that you can find on the Internet. It is important that you question the experience reports.

If only negative reports are to be found, it may sometimes be really better to decide against the offer of the online broker - the risk of having to join the dissatisfied traders is probably too high. If, on the other hand, only positive comments can be found, it must be checked whether the platform on which the comments were published is in any way connected to the online broker.

Negative comments, provided that they are in the minority, are not a problem. Probably also because there are many traders who do not admit that it was probably the strategy they chose why it did not work. It is much easier to blame the broker than to admit to having made mistakes.

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Is Admiral Markets Scam or Reputable? Our Admiral Markets rating

Due to the fact that it is a regulated broker who has also been represented on the market for years, one can assume that it is a reputable provider. You don't have to be afraid of scams here.

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Cons of Admiral Markets: What Did We Dislike?

If you compare the variety of trading instruments with other online brokers, you can sometimes mention that Admiral Markets does not offer the wide variety.

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Advantages of Admiral Markets: What we liked

There are several account models, there are different trading platforms and the online broker is regulated. Furthermore, the customer service is convincing. Admiral Markets also offers its own demo area.

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Admiral Markets Review: Frequently Asked Questions about the Broker

What is Admiral Markets?

It is an online broker based in the UK. The broker is regulated. Forex trading and CFD trading are offered.

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Is Admiral Markets a recommendable broker?

Yes, provided that the personal requirements are met by the online broker, nothing speaks against Admiral Markets.

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Will I be able to trade successfully with Admiral Markets?

Yes. The broker does not put any obstacles in the way that prevent you from making money.

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How is the test and the experience of Bitcoin-news.one about Admiral Markets?

Admiral Markets is probably one of the best-known providers on the market. The benefits outweigh. In addition, the broker is regulated. So Admiral Markets can very well be recommended.