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Admiral Broker Review 2024

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Admiral Broker Review 2024
StereoTrader Economic Calendar EA VPS Metatrader Supreme Edition Hedging Negative Balance Protection
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Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Admirals
Founded:Tallinn, Estonia
Min Deposit:1
Max Leverage:500
Headquarter:Tallinn, Estonia
US Accepted:
About
Admiral Brokers, established in 2001, serves over 130 countries and offers access to 8,000+ trading symbols. The broker is regulated by CySEC and FCA, ensuring up to $20,000 insurance for each trader's capital. For a secure and reliable trading experience, check out Admiral Markets Brokers.
Contact
19/1 Maakri, 29th floor, 10145, Tallinn, Estonia
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Highly regulated by multiple tier-1 authorities
Wide range of tradable instruments (+8000)
Competitive pricing and transparent fee structure
Excellent educational resources and market analysis tools
$20000 insurance
Cons
Social trading feature is relatively new and less developed
Mobile app experience lags behind some competitors
No trading Bonuses
Not available in some countries (e.g., USA, Canada, Japan)

Admiral Brokers was established in the second year of new millennium [2001] and provides services to more than 130 countries. Admirals brokerage has received valid regulations such as CySEC and FCA and insures each trader's capital of up to $20,000. If you plan to trade more than 8000 symbols in a safe and reliable broker, don't miss the Admiral Markets Brokers article!

Admirals Broker Company Information & Regulation

Admiral Broker
Admiral Brokers offers more than 8000 assets to trade!

Admirals, formerly known as Admiral Markets, is a Tallinn, Estonia-based trading platform that has been serving traders since 2001. Founded byā€œAlexander Tsikhilovā€, the company has grown to become a major player in the online brokerage industry, offering forex and contracts for difference (CFDs) across various financial markets; But what gives Admiral Brokers credit? Regulation is definitely one of them. Admiral Brokers Regulation:

  • FCA (United Kingdom Financial Conduct Authority)
  • CySEC (Cyprus Securities and Exchange Commission)
  • ASIC (Australian Securities and Investments Commission)
  • JSC (Jordan Securities Commission)
  • CIPC (South Africa Companies And Intellectual Property Commission)

While Admirals has faced some controversies over the years, including incidents of fake websites using its brand, the company has maintained a strong reputation in the industry. In 2021, an initial fine by the Estonian financial regulator was later annulled by the courts, further solidifying Admirals' commitment to regulatory compliance.

Specifics Summary

Let's take a closer look at what makes Admirals stand out in the crowded online brokerage market; Admiral brokerage specifics:

Broker

Admirals (Formerly Admiral Markets)

Account Types

Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, Zero.MT4

Regulating Authorities

FCA, ASIC, CySEC, JSC, CIPC

Based Currencies

EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON

Minimum Deposit

$1

Deposit Methods

Bank Wire, VISA/MasterCard, Skrill, Klarna

Withdrawal Methods

Bank Wire, VISA/MasterCard, Skrill

Minimum Order

0.01 lot

Maximum Leverage

1:500

Investment Options

Social Trade, Copytrade

Trading Platforms & Apps

MT4, MT5, Web Trader, Mobile App

Markets

Currencies, cryptocurrencies, Metal, Energy, Commoditi, Cash Index, Stock, ETF, Bonds

Spread

Varies based on Account

Commission

Varies based on Account

Orders Execution

Market Execution, Exchange Execution

Margin Call/Stop Out

Varies based on Account

Trading Features

EA, Hedging, Negative Balance Protection, Economic Calendar, Metatrader Supreme Edition, StereoTrader, VPS

Affiliate Program

Yes

Bonus & Promotions

None

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Email, Live Chat, Phone Call, FAQ

Customer Support Hours

24/7

What are Admirals Broker Trading Accounts?

Admirals Account Types
Admirals Forex Broker Offers 5 Trading Accounts.

Admirals offers several types of trading accounts based on its trading platforms [Metatrader 4 and Metatrader 5]. Admiral markets account types:

Zero.MT4

Trade.MT4

Zero.MT5

Invest.MT5

Trade.MT5

Minimum Deposit

$100

$100

$100

$1

$100

Base Currencies

EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON

EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON

EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON

EUR, USD

EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON

Trading Instruments

Currencies, Metal, Cash Index, Energy

Currencies, cryptocurrencies, Metal, Energy, , Cash Index, Stock

Currencies, Metal, Cash Index, Energy

Stocks, ETF

Currencies, cryptocurrencies, Metal, Energy, Commoditi, Cash Index, Stock, ETF, Bonds

Leverage

1:20 for retail clients, 1:500 for professional clients

1:20 for retail clients, 1:500 for professional clients

1:20 for retail clients, 1:500 for professional clients

No

1:20 for retail clients, 1:500 for professional clients

Spread

Form 0.0 pips

Form 0.5 pips

Form 0.0 pips

Form 0.0 pips

Form 0.5 pips

Commissions

$1.8 to $3 for forex & Metals, $0.05 to $3 for cash indices, $1 for Energies

No commission, $0.02 for single shares

$1.8 to $3 for forex & Metals, $0.05 to $3 for cash indices, $1 for Energies

$0.02 per share

No commission, $0.02 for single shares

Order Execution

Market Execution

Market Execution

Market Execution

Exchange Execution

Market Execution

Min Order

0.01 Lot

0.01 Lot

0.01 Lot

No

0.01 Lot

Stop Out

retail clients: 30%, Professional Clients 50%

retail clients: 30%, Professional Clients 50%

retail clients: 50%, Professional Clients 30%

No

retail clients: 30%, Professional Clients 50%

Negative Balance Protection

Yes

Yes

Yes

No

Yes

Islamic Account

No

No

No

No

Yes

Trading Platform

MetaTrader 4, MetaTrader Web Trader

MetaTrader 4, MetaTrader Web Trader

MetaTrader 5, MetaTrader Web Trader

MetaTrader 5, MetaTrader Web Trader

MetaTrader 5, MetaTrader Web Trader

Expert Advisor

Yes

Yes

Yes

Yes

Yes

Hedging

Yes

Yes

Yes

No

Yes

Economic calendar

Yes

Yes

Yes

Yes

Yes

Admirals Broker Pros and Cons

Let's break down the advantages and disadvantages of using Admirals as your broker:

Cons

Pros

Social trading feature is relatively new and less developed

Highly regulated by multiple tier-1 authorities

Mobile app experience lags behind some competitors

Wide range of tradable instruments (+8000)

Not available in some countries (e.g., USA, Canada, Japan)

Excellent educational resources and market analysis tools

No trading Bonuses

Competitive pricing and transparent fee structure

$20000 insurance

Overall, Admirals offers a robust trading experience with a strong emphasis on regulation, diverse product offerings, and trader education. While there are some limitations, the pros generally outweigh the cons for most traders.

Admirals Broker Sign-up Guide

Getting started with Admirals is easy. Here's a step-by-step guide to signing up and accessing the Admirals broker dashboard:

  1. Visit the Admirals website and click on the "SIGN UP FOR FREE" button.
  2. In the next page, choose your country of residence and write email, phone number and password.
  3. Fill in the next form with your personal details, including name and birth date.
  4. Choose your account type (Trade.MT5, Zero.MT5, Trade.MT4, Zero.MT4, or Invest.MT5).
  5. Verify your identity by uploading the required documents (ID, proof of address).
  6. Fund account and start trading.

What are Admirals Broker Trading Platforms?

Admirals Trading Platforms
Admirals Supports MT4 & MT5 as its Trading Platform.

Admirals offers a variety of advanced trading platforms [Metatrader 4, Metatrader 5, Mobile app and Web Trader], which you can download with the links below:

Metatrader 4

Metatrader 5

Proprietary app

Windows

Windows - MT4

WIndows - MT5

-

Linux

-

-

-

Mac

Mac - MT4

Mac - MT5

-

Android

Android - MT4

Android - MT5

Android - Proprietary App

iOS

iOS- MT4

iOS - MT5

iOS - Proprietary App

Web Trader

Web Trader - MT4

Web Trader - MT5

Web Trader Proprietary App

Admiral Markets Brokers Fees and Spreads

Admirals offers competitive pricing across its various account types and tradable instruments; Admirals Brokerage fees & spreads:

Spread

Fees

Trade.MT5

From 0.5 Pips

No commission, $0.02 for single shares

Invest.MT5

From 0.0 Pips

$0.02 per share

Zero.MT5

From 0.0 Pips

$1.8 to $3 for forex & Metals, $0.05 to $3 for cash indices, $1 for Energies

Trade.MT4

From 0.5 Pips

No commission, $0.02 for single shares

Zero.MT4

From 0.0 Pips

$1.8 to $3 for forex & Metals, $0.05 to $3 for cash indices, $1 for Energies

Withdrawal & Deposit Methods

Admiral Deposit Methods
You Can Deposit in Admirals Via Credit Cards.

Admirals broker supports bank wire transfer, VISA, Mastercard, Skrill and Klarna as payment methods; donā€™t know which to choose? Check the Admirals Broker payment methods table.

Deposit Method

 Deposit Method Fees

Withdrawal Method

 Withdrawal Method Fees

Bank Wire

Fee

Bank Wire

1 free withdrawal request every month, 1 EUR / 6 CHF / 25 PLN / 1 500 HUF / 10 BGN / 150 CZK / 25 RON / 50 SEK          

VISA/MasterCard

Fee

VISA/MasterCard

1 free withdrawal request every month,  1%, min. 1 EUR / GBP / CHF / PLN / HUF / BGN / CZK / HRK / RON / SEK    

Skrill

Fee

Skrill

1 free withdrawal request every month, 1%, min. 1 EUR / USD   

Klarna

Fee

-

-

Admirals Broker Copy Trade and Investment Options

Admirals offers copy trading functionality through social trading platform. You can check traders' performance in this company's copy trade system and choose your desired option. After choosing a trader, there are three ways to copy trade in Admiral Brokers:

  1. Automatic copy trading: Trades are replicated automatically;
  2. Semi-automatic copy trading: Receive notifications and choose which trades to copy;
  3. Manual copy trading: Manually replicate trades of successful traders.

Besides that, you can copy trade in Admiral Markets Brokers via MQL5.Community. in order to that, sign up in MQL5 and then, choose your preferred trader.

What Instruments are Tradable on Admirals Broker?

Admirals offers an impressive range of over 8,000 tradable instruments across multiple asset classes:

  • Forex: 80+ currency pair including EUR/USD, CHF/USD and GBP/EUR;
Admirals Forex Market
More Than 80 Currency Pairs Are Available to Trade in Admirals.
  • Indices: 43 Index CFDs, including Dow Jones and NASDAQ;
  • Stocks: 3,000+ Shares such as AAPL, TSLA and AMZN;
  • Commodities: CFDs on metals, energies, and agricultural products;
  • Bonds: US Treasuries and German Bund CFDs;
  • ETFs: 370+ ETF CFDs, plus hundreds of ETFs on the Invest.MT5 platform;
  • Cryptocurrencies: CFDs on cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

Bonus

After checking out the unique features, like 8,000 tradable symbols, it's time for Admiral Brokers' Achilles heel. This brokerage has not considered any bonuses or promotions for traders. It can be said that Admiral Brokerage's biggest weakness is not offering a bonus.

Admirals Broker Support Ways & Opening Hours

Admiral Broker Contacts
Admirals Provides Specific Mail and Phone Number for Each Region.

Admirals Brokers Offers a fascinating support function in different ways! Admiral Brokers Support ways:

  • Email;
  • Live Chat;
  • FAQ;
  • Phone Call.

The interesting thing about Admiral Brokers support is that it offers 24/7 support in multiple languages.

Admirals Broker Banned Countries

Admiral Broker Banned Countries
Admirals Doesnā€™t Provide Any Services to US Residents.

While Admirals serves clients globally, there are some restrictions and above that, it Does not serve some countries. Admirals Brokerage Prohibited countries:

  • United States
  • Canada
  • Japan
  • Iran
  • Libya
  • Syria
  • North Korea

Traders with citizenship from a prohibited country but residing in an eligible country may still be able to open an account.

Admirals Broker Trust Scores

Admirals has garnered positive reviews and trust scores from various sources. Admiral Markets trust score:

  • Trust Pilot: 3.8/5 based on 1770 reviews;
Admiral Markets Trustpilot
Admiral Markets trust score in Trustpilot is 3.8/5!
  • ForexPeaceArmy: 3.1/5 based on 156 reviews;

Admirals maintains a strong reputation in the trading community, with generally positive feedback from clients and industry recognition for its services. Key points from reviews:

  • Praised for transparency and competitive fees;
  • Positive feedback on educational resources;
  • Some negative reviews mention technical issues and leverage changes;
  • Admirals actively responds to reviews, addressing concerns.

Admirals Markets Brokers Educational Materials

Admiral is one of the leading brokerages that produces and provides educational content in different languages. Admiral Brokers educational content:

  • Trading Webinars;
  • "Zero to Hero" 20-day course;
  • Trading Videos;
  • Risk management Education;
  • Traderā€™s glossary from different markets;
  • Trading E-books;
  • Economic Calendar.

Admirals' educational offerings cater to traders at all skill levels, providing a solid foundation for beginners and advanced insights for experienced traders.

Trading Finder Expert opinion and conclusion

In addition to its long history [established in 2001], Admiral Markets has received first-class regulations from Australia's ASIC and the UK's FCA to be on the list of the most reliable forex brokers. In addition to security, it is possible to trade more than 8000 symbols at Admiral Markets Brokers. In contrast to these, disadvantages include not offering any trading bonus. Now tell us, will you use Admirals?

FAQs

Is Admirals a regulated broker?

Yes, Admirals is regulated by multiple tier-1 authorities, including the FCA and ASIC.

What trading platforms does Admirals offer?

Admirals provides MetaTrader 4, MetaTrader 5, and its proprietary Admirals Platform.

Can I trade cryptocurrencies with Admirals?

Yes, Admirals offers cryptocurrency CFDs on popular coins like Bitcoin and Ethereum.

Does Admirals offer a demo account?

Yes, Admirals provides free demo accounts for practice trading.

What is the minimum deposit for Admirals?

Minimum deposits vary by account type, starting from as low as $1 for Invest.MT5account.

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