| Forex broker | |
|---|---|
| Official website | |
| Date of foundation | 1970 |
| Head Office | Admiral Markets UK Ltd. 16 St Clare Street, London, EC3N 1LQ |
| Company owner | Admiral Markets UK Ltd. |
| Types of support | |
| Phone Support | |
| Languages | Russian, English, French, Spanish, Italian, Portuguese, Korean, Polish, Chinese, Vietnamese, Indonesian, Arabic, Japanese, Latvian, Croatian, Czech, Etc. |
| Terminals | MetaTrader 4, MetaTrader 5, WebTrader, MetaTrader Supreme Edition |
| Min. first deposit | From 1 USD |
| Brokerage commission | Depending on the type of asset |
| Lot size | From 0.01 In increments of 0.01 |
| Maximum open positions | Until 500 On different types of accounts |
| Bonuses | |
| Leverage | Until 1:500Depending on the type of account |
| Spreads | From 0 points |
| Free demo account | |
| Adjustable | Yes |
| Regulators | ASIC№ 410681 CySEC№ 310328 FCA№ 595450 EFSA№ 10932555 JSC№ 57026 |
| Licenses | Licensed |
| Types of accounts | Admiral.MT5, Admiral.Invest, Admiral.Markets, Admiral.Prime |
| Margin call / Stop out | 50% (stop out) |
| Peculiarities of trade | Opportunities for professional forex and CFD trading, as well as favorable terms of cooperation with novice market players |
| Order execution | Market Execution (at market price), Stop Orders, Exchange Execution |
| Methods of replenishment | iBank&BankLink, Klarna, Neteller, Przelewy, SafetyPay, Skrill, Sofort, Wire transfer, Bank card (Visa/MC) |
| Withdrawal methods | Neteller, Skrill, Wire transfer, Bank card (Visa/MC) |
| Number of assets | 60+ |
| Types of assets | Currency pairsEURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, etc. CFDOn stocks, cryptocurrencies, spot metals, spot energy, futures indices, indices, bonds, etc. CryptocurrencyBCHBTC, DSHBTC, EOSBTC, ETCBTC, ETHBTC, LTCBTC, etc. Raw materialsGOLD, COPPER, SILVER, XAUAUD, BRENT, ARABICA, COCOA, COTTON, ORANGE.JUICE, etc. IndexesAEX25, ASX200, CAC40, Canada60, DAX30, etc. BondsBund, US 10Yr T-Note StocksBelmond Ltd, Belmond Ltd, InvoCare Ltd, Sotheby's, Fujitsu Ltd, DXC Technology Co, etc. ETFFrance (Euronext), Germany (Xetra), Netherlands (Euronext), Spain (BME), Switzerland (SWX), UK (LSE), US (ARCA), US (BATS), etc. |
| Account Currencies | RUB, EUR, GBP, CHF, PLN, CZK, BGN, HRK, HUF, RON |
| Liquidity providers | Citibank, Deutsche Bank AG, Morgan Stanley, Barclays, Goldman Sachs, Currenex, UBS, Credit Suisse |
| Mobile apps | |
| Weekend trading | No |
| Tournaments/competitions | No |
| Trader training | Webinars, seminars, articles, guides and other reference materials on the broker's website |
| Contract Difference Commission | From 0.01 USD |
| Swaps | Yes |
| PAMM trading | No |
| Analytics | A lot of analytics, including Premium Analytics Admiral Markets portal with news, economic calendars, market sentiment widget and technical analysis, trader's blog, articles on the website |
| Margin trading | Yes |
| Affiliate Program | RegistrationAdditional profits from attracting clients to the broker |
| Advantages | Broker with a lot of positive experience in the market Multiple licenses Professional trading terminals Quality trading training Lots of analytics Multilingual support for traders Different styles of trading are allowed Auto-trading is possible Competent risk management |
| Disadvantages | Lack of contests and tournaments Lack of communication with the manager via messengers |
| Company requisites | Legal name: Admiral Markets UK Ltd. Legal address: 16 St Clare Street, London, EC3N 1LQ |
| Hedging | Allowed by the broker |
| Automated Trading | Trading robots and advisors is allowed |
| Scalping | Authorized by the broker |
| Additional features | Protection against volatility, protection against negative balance, one-click trading, etc. |
| Date of update | March 6, 2024 |
| Overall assessment | 9.3/10 |
Admiral Markets is this a scam? Review and Customers Reviews
Admiral Markets Ltd is a large holding company successfully providing brokerage services on the foreign exchange market. The company’s clients from more than 40 countries of the world can work in the Forex market and trade in CFDs (energy carriers, precious metals, indices and shares). The history of the brand traces back to 2001, and for more than 16 years the company has been successfully working, thus proving its serious intentions.
Today the company’s services are used by more than 94,000 traders around the world, and the volume of transactions per month reaches about $50 billion. Of course, you’d like to know whether Admiral Markets is another fraudster or if it’s a trustworthy company. We’ll answer your question below.
The company is popular around the globe and many traders have long noted the broker is good at fulfilling its obligations, making the trading process much easier and more convenient. The platform works with all modern browsers. It has a convenient mobile version, which enables you to trade no matter where you are. The materials are presented in different languages. The broker takes care of its clients, providing them with a lot of useful and high-quality information (reference materials, working conditions within the company, training information and even a blog).
One of the greatest advantages of this broker is that you can use the up-to-date trading terminals MetaTrader 4 and MetaTrader 5, depending on your trading account. These excellent software tools have already proved themselves with many traders. Other worthy options include: an application with Web-interface, WebTrader; a social trading platform, Admiral Currensee, which enables you to copy the successful transactions of professionals; and AutoGraf 4 and Autochartist for MetaTrader, all of which can facilitate your trading. This attributes also demonstrate the reliability of the company.
Among the most interesting features that any trader will appreciate are hedging, pending orders, one-click trading, and automatic trading. Qualitative materials are available for training (webinars, seminars, blogs, articles) and support is provided by professional analysts. Given these characteristics, we can say confidently that working with Admiral Markets today is profitable and comfortable.
Replenishment and withdrawal of funds
Admiral Markets offers advanced replenishment and withdrawal options. In order to replenish your trading account, you need to undergo a simple and quick registration procedure with the broker and deposit the required amount by choosing a convenient way of depositing funds (the minimum deposit is $200). When it comes to depositing funds to your trading account, you can employ modern payment options, from conventional bank cards to electronic payment systems.
You can open your trading account in any of several currencies. Funds are immediately available for trading after payment. The withdrawal of funds is possible only for authorized traders. Such operations take no more than 3 days (bank transfers). However, you can do it instantly if you utilize Neteller systems or Skrill.
Complaints about Admiral Markets
Despite the fact that the broker receives mostly positive comments that indicate its reputation and success, the Internet has a range of reviews about it. Most traders, both beginners and professionals, note the seriousness of the company, the convenience of the platform and excellent working conditions, the profitability of trading (CFDs, cryptocurrencies, etc.) and the availability of profitable bonuses that enable users to earn a decent income.
However, you will come across some negative reviews, which often have to do with problems with withdrawal of funds, etc. To avoid any negative experience when working with this broker, have your trading account verified and ask your personal manager about the use of bonuses and the procedure for withdrawing funds.
In general, Admiral Markets has been successfully operating in the financial services market for a long time. Clearly, its intentions are very serious. A quality trading terminal, convenient ways to withdraw funds, professional support, great bonuses – all of this enables you to work steadily, achieving the highest results in Forex trading.
Is Admiral Markets a scam?
Today the broker is one of the most professional and successful in the foreign exchange market (here you can learn the whole truth about Forex). It demonstrates great opportunities for trade. The company has been successfully working all over the world for more than 11 years, providing one of the best services in the market, so it’s no wonder it has a lot of reviews on the web. Positive reviews definitely dominate, which increases the company’s credibility. It’s not a fly-by-night broker.
One of the most positive factors is the provision of the extremely popular MetaTrader platform (versions 4 and 5) as well as other unique opportunities that make trading much more productive. By setting its goal of providing the best trading services ever and successfully executing it, the broker demonstrates its seriousness. Another great benefit is its highly informative official website. Other virtues included enticing bonuses, invoices, feedback, training opportunities. All of this indicates a thoughtful policy of working with the user. Such an approach isn’t typical of scammers.
Admiral Markets is a licensed broker. It has been certified in several countries, and this fact has a positive effect on the attitude of its users. Should we consider Admiral Markets to be a scam? Perhaps, we should say «no». Eleven years of successful work with traders around the world, the number of which is constantly growing, is enough to be confident in the broker. If you don’t want to have any issues with this company, you should work with your personal manager correctly. You need to understand all of the necessary information about the rules for using bonuses, the procedure for withdrawing funds, and so on.
Regulation of Admiral Markets
The broker Admiral Markets is licensed for the key types of brokerage and investment activities in the European Union. It’s subject to EU financial legislation. The broker is regulated by the following bodies: ASIC, CySEC, FCA, MiFID. This proves the transparency of the broker’s work, ensuring its reliability and the security of currency trading.
Check the Admiral Markets license on the ASIC website
Check Admiral Markets license on the CySEC website
Check the Admiral Markets license on the FCA website
Check the Admiral Markets license on the EFSA website
Bonuses of Admiral Markets
Every trader in the company can count on 2 types of bonuses:
1) Money for participation in the Admiral Club. Each trader becomes a member of the club and receives so called «points» for trading on a real account. Having accumulated enough points, you can exchange them for real money.
2) A personal bonus. If you plan to increase your deposit by more than £15,000, the broker will make you a profitable personal offer, which will enable you to achieve the maximum result from trading on the financial market.
Conclusion
The Forex broker Admiral Markets has been successfully providing services for 11 years. It can be rightly considered one of the leaders in the niche. Having a huge base of traders around the world, providing high-quality trading solutions and unique services, Admiral Markets continues to develop. The company follows modern trends in the financial world. A large number of positive reviews also allow you to trust this organization.
The broker monitors all negative feedback published on the forums, addressesthe claims of its users, and also positively characterizes the company. We hope the company will keep paying attention to reviews and continue to develop, focusing on improving its service. We also note that Admiral Markets has been successful for many years and this fact proves its reliability. Therefore, we don’t find it to be a fraudulent company. However, the responses of the traders who are waiting for this article will affect the rating of this broker. Moreover, these reviews will warn against possible problems in the future.
Reviews
- In ascending order of rating
- In descending order of rating
- New ones first
- First the old ones
- Popular ones first
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Credible feedback Rate your review 000Low key petty scammers
Deliberate closing positions on prices that never occured on other markets, at stop loss order 1000 points away from actual price. No contact from support after more than a month of writing a complaint ensuring me i will never get my money back or even get a reply email.
Scam.Positive- none
Minuses- scam
- stop loss hunt
- no contact from support
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Rate your review 000I'm glad I was able to recover my funds
I’m glad I was able to recover my funds from these fake forex investors , Would have had to file for bankruptcy, thanks to ***. I was able to get a hold of these scam brokers and take back my money. I would gladly refer anyone. Please mention Sandy as to get preferential treatment.
Positive- N/A
Minuses- N/A
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Rate your review 0-11I advise
I suggest
Positive- I have been working with this company since 2006, when it still provided training. There were no complaints, trading accounts were changed several times, and that's all the inconvenience. Conclusions without problems.
Minuses- I have no cons
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Rate your review 0+10The broker, referring to the situation with...
The broker, referring to the situation with the oil market, keeps spot prices below 10 dollars, although since the last fall prices at all reputable brokers have recovered to the levels before the last wave of fall, i.e. back to the range of 19-26 dollars. Admiral Markets refers to the liquidity provider… Read more
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Rate your review 0+10I have a very negative experience with...
I have a very negative experience with this company. They persistently offered to increase the deposit. They called every day, a couple of times a day. They put pressure on psychology and told me how rich it would be to live on the money they earned. I increased the deposit by $ 15,000. They started… Read more
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Rate your review 000A good broker. I have been working...
A good broker. I have been working for more than two years. I have not had any problems with the withdrawal of funds. I have never had any problems with withdrawal. My agent is always fast and easy to use. They take care of their reputation.
Admiral Markets reviews
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