Admiral Markets
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admiralmarkets.com
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Company review statistics for Admiral Markets6 reviews
17%83% 
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The 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 and gives very vague explanations of the spot price policy, while charging traders higher swaps. Thus, traders, having opened long positions on the fall, cannot close them, as the price is (artificially) kept below $10, and are forced to hold losing positions, although the range of market prices has been far from the lows for quite a long time, and traders could have closed the trades with a profit, or at zero/min. loss, if not for the actions of Admiral Markets, which have signs of manipulative influence on quoting. In addition to being unable to exit trades, traders are forced to pay high swaps. The broker also justifies its actions by the absence of a single price/platform for spot, but its quotations are far from the minimum limit of market prices. The broker also gives a link with a similar spot price, but it is not clear where this quote comes from. Today oil prices continue to grow, Admiral Markets has no changes… The broker forces to address regulators to solve the problem.