Admiral Markets was founded in 2001 and nowadays is an established Forex and CFD broker. With more than 20 years of presence in financial markets, Admiral Markets aims to excel in the UK’s trading brokerage services sector.
Due to the UK regulation Admiral Markets to fully segregate traders’ accounts from company funds, adhere to strict anti-money laundering and capital requirements, comply with ‘know your client’ procedures, as well as implementing an array of other stringent measures designed to protect traders. Admiral Markets UK is not a publicly listed company.
The broker offers its in-house Admiral Markets Platform as well as the popular MetaTrader 4 and 5 platforms, and aims to empower traders by offering educational materials, analytical research tools as well as other resources such as Trading Central, Dow Jones News, and Acuity Trading. This way, Admiral Markets has vowed to help investors and traders achieve their financial objectives.
Account options
Forex
| Min Deposit | App Support | Max Leverage | Trading Fees |
| £250 | Good | 1:30 | Low |
Admiral Markets offer clients access to a wide array of currency pairs, competing with other notable brokers, offering CFDs on major, minor, and exotic currency pairs. In total, there are 82 currency pairs to trade, with leverage rates of up to 1:30 (for major currency pairs) for Retail Clients. The minimum deposit to open a Trade. MT4 account is 250 EUR/USD/GBP/CHF while the minimum deposit to open a Trade. MT5 is 250 EUR/USD/GBP/CHF. Trading spreads start from as low as 0 pips (for Zero MT4 and Zero MT5 account types).
Exemptions/Exceptions:
- Islamic Accounts: These accounts do not incur rollover (swap) fees.
CFD
| Min Deposit | App Support | Max Leverage | Trading Fees |
| £100 | Good | 1:5 | Low |
If you are focused on equity markets, then you can trade CFDs on a total of 44 stock market averages (19 cash indices and 25 index futures). Plus, there are CFDs on over 3460 individual stocks from an assortment of global markets. All of the major stock exchanges are available, including the New York Stock Exchange (NYSE), London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE). Leverage of up to 1:5 is available for retail clients.
With Admiral Markets, you can also trade CFDs on popular commodities with leverage up to 1:10 for Retail Clients. In total, there are 28 commodities to choose from, including: Agriculture (7), Commodity Futures (11), Energies (4) and Metals (6).
Stocks
| Min Deposit | App Support | Max Leverage | Trading Fees |
| £250 | Good | 1:5 | Low |
Admiral Markets offers investing in 4,800 stocks available on Invest.MT5 account. Stocks are available for trading across global markets, including the New York Stock Exchange (NYSE), London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE). Additionally, Admiral Markets offer trading stocks CFDs on trading accounts (Trade.MT4/5 and Zero.MT4/5) with leverage up to 1:5.
ETF
| Min Deposit | Max Leverage | Trading Fees |
| £250 | 1:5 | Low |
200+ ETFs to choose from.
Commissions starting from 0.02 USD.
ETFs CFDs
- 300+ CFDs on ETFs.
- Minimum deposit of £250 (on Trade.MT4)
- Leverage up to 1:5.
- Trading in any direction.
What did our traders think after reviewing the key criteria?
Fees/Commissions
There is no account opening fee, but Admiral Markets charges an inactivity fee of €10 per month if no transactions are made within the previous 24 months. Transfers to bank accounts of the same base currency are not charged, but a 1% exchange
fee applies for transfers to a bank account with a different base currency. Most accounts can make one free withdrawal request each month, although some wire transfer withdrawals may involve modest charges.
The Admiral Markets Trade.MT4 and Trade.MT5 accounts have no commission on most financial instruments except single share and ETF CFDs, but as with most CFD brokers, clients will pay a dealing spread when they enter or exit a trade. More
details about commissions see here https://admiralmarkets.com/start-trading/contract-specifications. Spreads are
attractive due to Admiral Markets applying an STP model (Straight Through Processing), which gives its clients direct market access. Admiral Markets provides agency execution meaning it doesn’t have a dealing desk or take internal risk.
The Admiral Markets Trade.MT5 account (or Invest.MT5 for exchange-traded stocks) provides a wide range of markets to trade, whereas those focused on just Forex trading may gravitate to the Admiral Markets Zero.MT4 or Zero.MT5 accounts. Quite attractive costs (spreads plus any commission) are found in the Admiral Markets Zero accounts, which come with a far smaller range of tradable markets.
Unless you have an Islamic account, you may be charged rollovers (or swaps) fees. This should be taken into consideration by traders who hold trades overnight. These fees are levied when holding a long position on the lower interest rate currency in a pair overnight and also on open overnight positions on various non-Forex CFDs.
Exemptions/Exceptions:
- Islamic Accounts: Do not incur swap fees.
Offering of Tradeable Products
As mentioned above, the product offering from Admiral Markets includes 82 currency pairs, 42 stock market averages, over 3400 individual stock CFDs, 29 commodities on the trading accounts. This is a strong offering when compared to many of their peers.
Via the Invest.MT5 account it is also possible to invest directly in over 4000 stocks and more than 200 ETFs.
Trading Platform
Admiral Markets offers the full suite of MetaTrader platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for downloading on Windows and Mac OS. Also, a web version of the trading terminal (MT WebTrader)
is available. Admiral Markets also offers its own in-house web trading solution called Admiral Markets platform along with its Admiral Markets Mobile app.
In addition, both the MT4 and MT5 platforms have a free MetaTrader Supreme Edition plugin that extends the platforms’ capabilities and works on both live and demo accounts. The MetaTrader Supreme Edition plugin includes live news feed and
analysis widgets.
An important note: the Supreme Edition plugin features are not available on mobile versions of MT4 and MT5
Mobile Offering
Admiral Markets offers its own mobile app for both iOS and Android. The Admiral Markets Mobile app is fairly basic, offering a summary/ watchlist page, plus the ability to trade and also trading, positions and orders pages. Clients can contact customer support from within the app, via live chat, email and phone.
Both the MT4 and MT5 platforms are also available for both Android and iOS for use with Admiral Markets. But, please, be aware that such extra trading tools as the MetaTrader Supreme Edition and Stereo Trader are not available in the Admiral Markets Mobile app.
Education
When it comes to education and learning content, Admiral Markets offers substantial educational help for newbies in trading In addition, the content also is a good help for more experienced traders, and even offers some more advanced material for traders who have significant experience.
Moreover, the Admiral Markets educational suite delivers educational content via webinars and seminars, articles, how-to video tutorials, and e-books. Aimed specifically at newbies they have the 21-day “Zero to Hero” trading course. (more details are here https://admiralmarkets.com/education/zero-to-hero). Their YouTube channel has a wealth of educational videos on CFD and Forex trading.
Research
Admiral Markets offers a diverse and solid variety of research analysis and tools on both the website and via the MT4 and MT5 trading platforms. Traders can view which tools are available and embed them quickly in their strategy thanks to a well-designed user interface.
Moreover, their Premium Analytics offering, which is free for all traders, allows access to the macroeconomic and geopolitical news flow via the Dow Jones News calendar, sentiment indicators by Acuity, plus technical analysis from Trading Central. In addition, there are various technical analysis reports, fundamental
macroeconomic content, plus trading tools such as heat maps.
Customer Support
Admiral Markets offer customer support via telephone, live chat (on the website and Admiral Markets Mobile app), and email. Telephone support is available from Monday to Friday, UK time 09:00-18:00.
Exemptions/Exceptions:
- 24/7 Support: No. Customer support is available 24/5 only, which may be a limitation for traders in different time zones.
Conclusion
Admiral Markets is a UK based trusted broker offering a wide range of tradeable products, robust educational resources, and solid research tools. While there are some areas for improvement, such as the expiration of demo accounts, the overall offering is strong and attractive.
Admiral Markets stands out as a reliable choice for both novice and experienced traders.
