- High leverage levels provided
- Strong regulation and many years of experience
- Transparent pricing
- Not enough pairs to trade
- Profits withdrawal can only happen through bank transfer
- Does not accept U.S. Clients
Traders prefer trading with Admiral Markets because of the broad range of products it offers. Some of these products include Indices, Stocks, Spot Energies, and Spot Metals. Admiral Markets also offers up to 55 currency pairs and a total of 106 CFDs.
- Broad range of products
The Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), the Estonian Financial Supervision Authority, and the Australian Securities and Investment Commission (ASIC) are some of the bodies tasked with regulating the brokerage activities of Admiral Markets in the UK, Cyprus, Estonia, and Australia respectively.
- Authorized in the EU
- FCA regulated in the UK
- ASIC authorized in Australia
- Regulated in Emerging Hub
- CySEC regulated in Cyprus
Traders are required to deposit a minimum of $1,000 dollars in their Admiral Prime and Admiral MT5 accounts before they can trade. Additionally, all Admiral Markets’ accounts have a minimum order size of 0.01. Importantly, the broker allows hedging on both Admiral Prime and Classic accounts.
Newbie traders can open Classic, Admiral Prime, and Admiral MT5 demo accounts to practice how to trade. This implies that traders looking to experiment with Forex can apply for a free Admiral Markets demo account. With every free demo account, the broker offers free $10,000 virtual funds to help traders get started.
- Competitive pricing
- Average spread EUR/USD 1.2
The broker offers customer support through live chat and phone. Traders can get technical assistance at any time of the day or night. In Europe and Australia, the company offers live chat and phone support in more than ten different languages.
Additionally, the broker offers remote customer support to traders. For instance, if a trader has some software questions or technical issues related to the MT4 platform, the broker can quickly offer assistance remotely.
- Round the clock customer support
- The live chat is easy to access
- Knowledgeable support staff
- Services are offered in dozens of different languages
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