It is crucial to read the broker review before trading with the broker. You can find the Admiral Markets review in detail below. Admiral Markets has an average Trust Score (83/99), making it a medium-risk broker. The broker isn’t a publicly listed company, and it doesn’t own a bank. Admiral Markets is licensed and controlled by two top-tier authorities (FCA nad ASIC), two tier-2 (medium trust) authorities, and no tier-3 authorities.
The list below outlines the various investment items offered by Admiral Markets to its users.
Crypto: CFDs allow you to trade crypto, but you can’t trade the underlying asset directly (that is; purchasing BTC). Remember that cryptocurrency CFDs aren’t available to retail traders nor United Kingdom inhabitants from any brokerage firm’s United Kingdom entity.
- Forex Trading
- CFD Trading
- US Stock Trading (Non-CFD)
- Int’l Stock Trading (Non-CFD)
- 8425 Tradeable Symbols in total
- 50 Forex Pairs in total
- Cryptocurrency (CFDs)
- Social Trading
Charges and Accounts
The minimum deposit is $100, and Admiral Markets provides 4 different account kinds, each with its own set of charges and trading options. These account options have identical costs when it comes to the all-in price of trading, which includes spreads and any commissions, and ranges spanning between 0.6 pips to 0.7 pips.
Account distinctions: The Admiral Markets MetaTrader 5 account offers the most trading options, but individuals who only trade FX might prefer the Admiral Prime MetaTrader 4 account. This account offers the lowest all-in pricing (spreads + every commission), but it has a somewhat narrower choice of tradeable items.
The broker claims to support agency execution for every type of account and doesn’t maintain a trading desk or take an internal risk. The broker operates as an agency brokerage, directing customer orders towards its parent firm, Admiral Markets AS, which serves as the company’s only liquidity provider.
Platforms and Features
The broker is an MT (MetaTrader) trading platform. It shines out among MT providers due to its MT Supreme service, which includes a set of 12 skilled advisers and 20 customized indicators.
Having news displayed as miniature color-coded warning bells on the graph is one of the handy add-ons supplied by the Supreme service. Further minor features include a candle timer as well as a spread widget. Finally, Trading Central is also accessible.
The broker additionally provides a one-of-a-kind suite of volatility prevention measures. Such tools might help traders manage the risks that come with agency execution, such as gaps in the markets and slippage. These features are unquestionably beneficial to experienced traders, which is why this broker was named Best MT Broker of 2020.
Admiral Markets Review – Research and Analysis
The broker, unlike many other MT brokers, offers a comprehensive set of research instruments and services throughout its webpage and trading platforms. Users may rapidly and effortlessly locate what they need on its site due to well-organized material.
Premium Insights: Investors may use Admiral Markets this tool (which is free to clients) to view a Dow Jones News calendar, Trading Central indicators. Heat maps, basic and technical research content, and Elliot Wave Analysis are among the different tools that are available.
Admiral Markets Review – Mobile Devices
Based on the account type users open at the broker, they’ll receive either the MetaTrader 4 or MetaTrader 5 application, which is compatible with Android and iOS. Sadly, the special add-ons available on the desktop platform are not compatible with mobile devices. As a consequence, this area’s scoring is similar to that of other MT-only brokerages.
Available features on the app;
- View detailed financial instrument pricing charts.
- Managing Trades and open positions.
- See your previous trades.
- Check out the latest market updates on MT’s internal messaging system.
- The broker’s financial products market stats are available to see and research.
- Opening and closure of positions.
- Quotes for financial instruments.
- In the quotations section, there are look-up symbols.
- Deals are displayed on graphs.
- For graphs and charts, traders can choose a timeline.
- Extra graph vertical scaling.
- QR codes may be used to move accounts to different devices.
- Use FaceID or your fingerprint to go to the OTP generator.
Admiral Markets Review – Verdict
This broker is a good option for MT fans who want access to the whole platform suite as well as a variety of features and trading instruments. Admiral Markets provides an attractive choice of tradeable goods as well as a number of extra trade and analysis services not often seen at MT-only brokerages.
See also: AvaTrade Review 2021 – Scam or not?