Admiral Markets Review

Admiral markets is such a notable name in the forex trading arena and has been in operation since 2001. Admiral markets is the trademark name of Admiral markets investments firms which is also a noble name in investment and finance. Since its conception, it has made great strides that have seen it being a global brand with its presence being felt worldwide.

Trading Accounts

For a client to be able to trade on the admiral markets' site, he or she will need to have an account which you can get by signing up for one. Admiral markets has three accounts which are distinct in accordance to use or experience. On use, we have the demo account and on experience, there are under retail or professional terms. Under this, we have the admiral markets trading account, the admiral prime, the admiral mt5, and the admiral invest.

The Admiral Demo Account

An account designed for new clients with no experience at all in trading. Most clients who opt for this account do not want to stake their funds until they are sure of the concept. This account will enable a client to learn the basics in a short time due to its use of real trading conditions.

The Admiral Markets Trading Account

A trading account that is popular with its users due to its plenty of favorable features that enhance trade execution. It is run by the Meta trader4 platform.

The notable features of this account are:

1. Minimum deposit of 200 units of your respective base currency. That is it can be in dollars, euros or pounds.
2. Spreads from 0.5 pips.
3. A wide range of trading instruments from 36 currency pairs, cryptocurrencies CFDs, spot metal CFDs, stocks and bonds among many others.
4. No commissions are charged at all.
5. Compatible with mobile trading.

The Admiral Markets Prime Account

This is another account that is operated on the Meta trader4 platform. Its key features are:

1. Minimum deposit is 1000 units of your base currency be it euros, dollars or pounds.
2. Spreads start from 0 pips.
3. Market execution type.
4. No commission charged on stocks but charges $3 per 1.0 lots on forex.
   
   

The Admiral Mt5 Account

This account type is among the most popular trading accounts with clients with experience in trading and with many exceptional features.

Among its features are:

1. Minimum deposit of 200 units of your respective base currency.
2. Access to a wide range of trading instruments.
3. Spreads range from 0.8 pips.
4. No commission is charged at all.

The Admiral Invest Account

The admiral invest account is an account for experienced traders with a keen focus on particular trading instruments. The features of this account type are as follows.

1. Minimum deposit of 500units of your respective currency unit.
2. Spreads range from 0 pips.
3. No commission is charged on forex, however, it is charged at $0.01 per share in stocks.
4. Execution is of the exchange type.
5. Negative balance protection. Though it does not allow hedging.

The Company. Security Of Funds.

Admiral Markets is a very credible firm that has come a long way in achieving its success since its inception in 2001. Its success is evident by its large number of loyal clients from all over the world who really appreciate the product admiral markets has to offer.

In a bid to improve customer experience and also its relations with its large client base, Admiral markets has the best dedicated and qualified workforce who will help the clients in any of their arising issues. Also, they improved their highly functional software that helps the clients in the fast execution of their trades as well as providing other state of the art features that enhances the clients' trading experience.

As evidence of its credibility, admiral markets has all the licenses from the concerned regulatory bodies from all the jurisdictions it carries out its operations from. The licenses granted include:

1. A license from the United Kingdom’s financial conduct authority (FCA).
2. A valid bill of operation from the Estonian Financial Supervision Authority (EFSA).
3. A valid license from the Cyprus Securities and Exchange Commission (CySEC).

Admiral markets operates within the rules set forth by these regulatory bodies and among the clauses it maintains is the maintenance of clients' funds' safety. In a bid to safeguard clients' funds, the firm has put up strict measures that ensure the funds are in safe hands. The measures set are:

1. Segregation of company’s funds away from clients’ funds.
2. Negative balance protection.
3. Being a member of a compensation scheme to bail out the firm in case of liquidation.
   
   

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit for admiral markets' account varies according to the account type. The range is from $200 to $1000 which will serve as your base trading capital and shield against losses.

Commissions

No commissions are charged at all unless in specific situations.

Leverages

Leverages are set at 1:30 for retail clients and at 1:500 for professional clients.

Trading Platforms

Admiral markets uses advanced trading platforms that enhance the clients' trading experience in fast execution speeds, efficiency, and awesome features. The platforms are the metatrader4, the metatrader5, the MetaTrader web platform, and the MetaTrader supreme edition.

Among the perks of these trading platforms are:

1. User-friendly interface.
2. Access to thousands of markets.
3. The web trader is compatible with a host of browsers.
4. Advanced charting and drawing instruments are provided.
5. The web trader does not need to be downloaded.
6. Multilanguage support.
7. Quick execution of trades

These are the benefits are provided by all of the platforms collectively.

Promotions

The following are the promotions currently on offer by admiral markets.

1. The pro.cash back loyalty program that will have you granted a rebate on trading as a reward.

Withdrawals And Deposits

Deposits attract no transaction fee and accepts channels such as bank transfer, Visa and MasterCard, skrill and Neteller among others and accepts a host of currency units from the dollar, the euro, the pound, and many others. Processing is instant for most of the channels except the bank transfer which can take almost 3-5 days on the higher side.

Withdrawals will use the same channels too but will attract a small fee as the transaction fee. Processing is instantaneous except for bank transfer that can take a maximum of three business days.

Our opinion

In conclusion, we can see why admiral markets is the giant that it is in the forex trade courtesy of its many features and also its operating mode.  A peek at admiral markets customer reviews and comments we get a picture of a very satisfying brand dedicated to client fulfillment. This is a good trader for anyone who wants to make it big in the forex trade.