Admiral Markets, which is currently rebranded as Admirals, opened its curtains to traders in 2001 as a forex and CFD broker.
- Secure trading platform.
- No transaction costs.
- Low minimum deposit.
- Over 8,000 instruments to choose from
- Only five days a week customer support service.
- No copy trade feature.
- Demo account is limited to 30 days.
With two decades of experience in the industry, Admirals continue to surpass traders’ expectations by offering some of the best and most advanced trading tools. Its long track record speaks for itself, and it’s evident that it is also a trusted broker.
Additionally, various authorities across the globe oversee its activities, including the Cyprus Securities and Exchange Commission (CySEC), an Australian Financial Services Licence (AFSL), and the Financial Conduct Authority (FCA).
Admiral Markets – Who Are They?
Admiral Markets is a leading online trading service provider that allows forex and CFD trading across various instruments such as stocks, indices, commodities, ETFs, and bonds. In total, over 8,000 tradable assets are offered at Admirals.
Admirals aims to provide traders with the best and most transparent experience. It has successfully done so by providing some of the best trading tools for research and skills building. The broker also complies with financial authorities’ regulations, thereby providing a conducive trading environment for all traders.
Opening a trading account at Admirals is easy, and you need to deposit at least $100 to access financial markets. Deposits and withdrawals can be made using various currencies, subsequently converted into USD, EUR, GBP, and other accepted currencies.
Note that there are no transaction costs, whether made via debit/credit cards, e-wallets, or bank transfers. However, you will pay a currency conversion fee if your currency is converted to the applicable ones.
Admirals has a demo account, and we advise you to make use of it just to be sure that it suits your trading needs. The account is risk-free and does not require you to trade with your funds. Instead, it is loaded with $10,000 virtual money for practising how it works. However, the demo account is limited to 30 days after creating an account, so use it accordingly.
Compare Admiral Markets With Other Brokers
Our Opinion About Admiral Markets
Based on our analysis, Admiral Markets is an excellent choice for traders looking for advanced platforms such as the MT4 and the MT5. You will have access to top-quality technical and fundamental tools for market analysis. Additionally, the broker has a reliable news feed to help you stay abreast with the latest financial markets trends for informed decisions.
With a low minimum deposit of $100, you will choose trading assets from over 8,000 offerings. What’s more, trading charges are low, whether you are trading forex or CFD. Forex trading attracts low spreads starting from 0.5 pips, and you can also trade fractional shares.
Admirals effectively handles any technical and organisational trading issues. This is because the broker has a committed round-the-clock customer service that functions five days a week. They are very responsive when contacted and offer relevant solutions to help avoid the recurrence of such issues. That being said, feel free to reach out to Admirals via phone, email, and live chat.