Admiral Markets: Review, Analysis and Complete Guide
Admiral Markets is a broker born in Estonia 20 years ago. It’s no secret that this site, a pioneer in Forex trading, is a safe place in the ranking of online brokers.
Feedback from the nearly 40 countries in which Admiral Markets is available verifies the great attention, easy usability and outstanding variety of options (Forex from real currencies or bitcoins, for example) that this broker has, a great favorite with critics.
In this article you will find all the information to create an account and invest in Forex through this broker.
Pros and Cons of Admiral Markets
- Broker to invest in Forex, but also trading CFDs and spot stocks.
- Presence throughout the European Union, licensed to operate safely.
- Good opinions on the web portals.
- Forex of real or virtual currencies, such as bitcoin.
- Free account creation.
- It does not operate in markets outside the European Union.
Financial Products from Admiral Markets
1. Stocks and Financial Products
Admiral Markets operates in a variety of financial markets, which makes it particularly strong among users’ opinions, especially when compared to other less diversified brokers.
Among the markets referred to are Forex, various commodities, indices, stocks, ETFs, bonds and crypto-currencies, Bitcoin being the most representative of them.
ETFs are funds for investment, and there are brokers who are dedicated exclusively to them, which puts Admiral Markets in an advantageous position. And while the vast majority of brokers are dedicated to Bitcoins, few open their game to Ethereum or XRP as this broker does.
Among the financial products to which you can direct your trading activity are the Euro/Dollar indexes, gold, oil and DAX30, the renowned blue chip stock index of German companies listed in Frankfurt.
As for oil, the market in question is the WTI of 100 crude oil barrels, according to opinions, the best to invest in this commodity, given its stability and predictability, which makes its trading safe and transparent.
2. Crypto currencies
As we have briefly mentioned, Admiral Markets has a range of cryptom currencies among its trading options, which make this broker a highly valued alternative among investors’ opinions.
In addition to trading in Forex and other financial markets, Admiral Markets offers its users the possibility of investing in cryptomoney markets, with Bitcoin being the most representative of these, but not the only one.
These markets always operate in relation to the price of the dollar, the predominant currency in international financial markets, not just Forex. Among the options, the most prominent are Bitcoin Cash and Bitcoin:
- Bitcoin (BCHUSD)
- Bitcoin Cash (BCHUSD)
- Ethereum (ETHUSD)
- Litecoin (LTCUSD)
- XRP (XRPUSD)
Quoted investment funds, or ETFs as they are known worldwide, are another way of investing, where the product purchased is the value of the stock index or indexes, and not an individual share.
This program has its pros and cons, being that they are very safe and stable, and at the same time very expensive, so they are recommended for users who do not have so much experience but have money to invest.
CFDs, or contracts for difference, are speculations about the price of a given asset at closing or, more often, the difference in price between opening and closing.
Admiral Markets has, among its options, trading of more than 3000 CFDs, with the advantage of 0 commission. You can learn more about trading CFDs through this site.
How to Open an Account with Admiral Markets
1. Account Creation
In the “Open an Account” tab you will be able to visualize and familiarize yourself with the mechanisms to start trading with this popular broker. You will immediately notice the ease of the interface of this site, an outstanding favorite of the users’ opinions.
The first thing to do is to click on the green button in the upper right-hand corner of the screen, which says “Create an Account“. If you already have one, you can skip this step and simply log in with the button on the left.
To start trading Forex or simply to view the trading options offered by Admiral Markets, it is not necessarily essential to create an account, although it helps a lot.
During the account creation process you will have to provide certain information; the first ones are name, surname and e-mail. The account is vital for trading at Admiral Markets, whether it’s in the real financial markets, Bitcoin, or other products.
2. Requirements and Verification
Once the account has been created, you must verify it by email, a classic procedure that is already part of the language of all Internet users.
You must also provide a photo of your identity card and a receipt in your name to verify the country in which you reside. Admiral Markets takes its verifications very seriously, and is, according to users’ opinions, among the strictest brokers in Europe.
3. Demo Account
Of course, at Admiral Markets you can open a demo account to test the service for as long as you like. This is a novelty almost exclusive to this broker, as many demo accounts in the market are for a very limited time.
There are certain aspects of trading Forex with this broker that you will not be able to appreciate from a demo account, but it serves to get a general idea.
The demo account includes 10,000 euros of dummy money to invest. You can try out commodity trading, Forex trading and virtual currencies such as Bitcoin, if you wish. Opinions agree that it is safest to open a demo account before investing your real money.
4. Available Countries
Admiral Markets is available in over 30 countries, with most of the European Union within that range. Its operations began 20 years ago in Estonia, and have expanded significantly since then.
Beyond the fact that this broker operates exclusively in European markets, it has offices even in remote locations such as Chile. The countries from which it is not possible to invest with this broker are really very few.
How to use Admiral Markets?
Opinions consider it as one of the brokers with the easiest interface to use. This gives less experienced users an extra advantage over other brokers.
When it comes to trading, whether in Forex of real currencies, virtual currencies such as Bitcoin, or other financial products, the most important thing is calm and concentration. For the latter, we can’t help you in this article, but for the latter, Admiral Markets can.
Concentrating without distraction is vital to making the right decision. That’s why Admiral Markets has developed a range of platform options so you can choose how to trade from the comfort of your home or wherever you prefer. Here is a brief overview of each.
2. MetaTrader 4
There are two types of platforms for trading Forex from the computer. The first one we will deal with is MetaTrader 4. This is the most widely used brokerage platform on the web.
With a large number of integrated technical indicators, MetaTrader 4 offers modern visualization tools. In addition, it is available for mobiles from the Google Play Store application. User opinions certify the quality of MetaTrader 4.
3. MetaTrader 5
Widely praised by critics and marketed as the number 1 platform for Forex trading, MetaTrader 5 has come to stay on the big stage of secure investing from the comfort of your home.
With your Admiral Markets account you can trade MetaTrader 5 from your computer or mobile phone alike. Its specialty is automated trading, and it significantly enhances the graphics offered by MetaTrader 4.
Research and Visualization Tools offered by Admiral Markets
Admiral Markets’ visualization charts are among the neatest and most useful on the market. As mentioned above, these depend largely on the platform used, among the options offered by this broker.
It also includes a selection of regular analyses by its brokers and specialists for the entire public. Something like a compendium of subjective opinions about the latest trading events, for which it is not necessary to take into account if you want to access.
Other very valuable tools, but perhaps more suitable for less experienced users, are the so-called heatmaps, or heat maps, which make visible at a glance certain information that would otherwise be difficult to digest.
In the same vein as the opinions of specialist brokers are the premium analytics, which are nothing more than technical analysis of the markets and products.
If, for example, you think you want to invest in Bitcoin, the best thing to do would be to use these tools with the demo account to avoid unnecessary losses of your real money.
The variety of tools that Admiral Markets offers its avid audience, all included in one account, is truly remarkable. Below you can read about which payment methods are available to access an account.
Admiral Markets Deposits, Withdrawals, Fees and Limits
1. Methods of Deposit and Minimum Deposit
The methods for depositing money into your Admiral Markets account include user reviews favorites. Before choosing a web broker, it is absolutely vital that you ensure that your preferred payment method is available.
Available deposit methods include bank transfers, the Sofort electronic payment platform, credit and debit cards and Skrill, a similar electronic wallet Paypal.
Finally, all payment options pay money into your account immediately, except bank transfer, which can take up to three days. It is, of course, necessary to have a personal account with your preferred payment method before using it.
On the other hand, and as far as minimum deposits are concerned, only bank transfers do not impose a minimum value. All the other means of payment described require a minimum of approximately 50 ?.
2. Methods of Withdrawal
Withdrawal methods are the same as deposit methods, with similar payout times and high limits. This leading broker in Forex trading, real currencies and Bitcoin is one of the safest in terms of handling its users’ money.
The ease with which withdrawals are made at Admiral Markets adds to the effectiveness of its technical support, so even if you experience an unlikely problem with your money, it will be resolved in a very short time.
3. Fees and Commissions
Opinions detract from the option of paying through Skrill, as the 0.9% commission on the deposit is considered somewhat high. Otherwise, the means of payment does not greatly influence the options and ways of investing in Admiral Markets.
As for the trading itself, Admiral Markets charges a commission per trade, which is very common among web brokers, so it is not relevant when compared to others that, in most cases, charge even higher commissions.
Is Admiral Markets Safe?
Admiral Markets is one of the safest brokers in the market. It has numerous licenses, granted by many regulatory institutions for trading in Forex and other financial markets. These include the FCA, ASIC and CySEC.
How safe and transparent this broker is is reflected in the number of awards he has received. One of the most representative is the Forex Award that in 2015 was granted by the British magazine “Shares”.
2. Compensation Scheme
Admiral Markets’ compensations are an example in the web brokerage market. It is part, no less, of the FSCS program, or Financial Services Compensation.
This program serves as an insurance for users, in case Admiral Markets fails in any way to fulfill the contract stipulated. Compensation can be as high as $50,000, depending on the circumstances and applicable penalties.
3. Customer Service
You will conveniently find Admiral Markets’ contact details on their contact page. According to the users’ opinions, this broker has one of the best technical supports in the market.
Whether you’re having problems with the site or the platforms, or if you have questions about trading Forex or Bitcoin, Admiral Markets’ technical support can help.
You can call any of the phone numbers listed on the link, depending on your country of residence. The technicians are here to serve you.
Opinions from Admiral Markets
Every day the Wallet Advisor website receives opinions, comments and anecdotes from users who have tried Admiral Markets for trading in Forex and have had positive experiences with it. Here are some of them.
Walter S.: “I have a lot of experience with web brokers, having decided to leave Wall Street to trade from the comfort of my home. No one has given me as many dividends as Admiral Markets, which has the best platforms in the market“.
Tania R.: “Admiral Markets has solved every single problem I’ve had trading in Forex. It’s not easy to get rich by investing in Bitcoin trading, but thanks to Admiral Markets I’ve had very positive results.
Rogelio P.: “Admiral Markets is very secure, I have had money in my account for more than ten years, and I have never had any problems. I would like all brokers to be as responsible with the management of my money as Admiral Markets is.
Alternatives and Competitors of Admiral Markets
Admiral Markets is a highly recommended broker for the opinions of specialist brokers, but not the only one. Below you can find a complete list of brokers reviewed by Wallet Adviser.
Our Selection Best Broker Forex - 2020
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No minimum deposit
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No minimum deposit
|See offer Go to IG Markets|
In short, Admiral Markets is a broker that lives up to the laudatory opinions it receives on web portals. With a wide variety of financial products to choose from to invest in, this broker is all it promises.
With Admiral Markets, you’re the boss. Its products range from gold to Bitcoin, through mutual funds, CFDs and oil, making this site a paradise for investors around the globe.
Like many of the critics’ opinions, at Wallet Adviser we consider this to be one of the most recommendable online brokers that exists, given its versatility, the ease of use that its interface presents and its outstanding technical support.
While most web brokers specialize in one or another sector of the public, Admiral Markets seems to be suitable for all levels of ability, being equally recommended for expert or inexperienced investors.
The wide range of visualization tools and the large body of analysis in the form of easy-to-read and very intuitive text and graphics make the interface of Admiral Markets one of the great advantages of this broker over the competition.
Finally, it is worth noting that Admiral Markets’ platforms, known as MetaTrader 4 and 5, are critically acclaimed worldwide, thanks to the tools just referred to and the high financial success rate they offer their users.
Admiral Markets Fact Sheet and Features
|Main Features||Admiral Markets|
|Countries where it is regulated||40|
|Time to open account||1 day|
|Bank card deposit|
|Deposit with electronic wallet|
|Demo account available?|
|Easy to use platform?|
Frequently Asked Questions about Admiral Markets
Admiral Markets is an online broker. You can think of it as an intermediary between you and the possibility of investing in Forex, where the products are the real and virtual currencies such as Euros or Bitcoins. Currency trading is a complex but safe way to put your money to work.
Opening an account is very simple and, above all, free. To do so, simply go to the broker’s home page and click on the green register button in the upper right-hand corner of the screen. The steps that follow are very simple and intuitive.
Admiral Markets allows you to open an account and invest in the financial markets for a modest fee. You can go to the home page and create an account to start trading.
Buying and selling at Admiral Markets are, broadly speaking, the two possible trades you can execute on the financial products you are considering. You can participate by opening an account to invest and sell when you feel it is appropriate.
Making money in Forex or other financial markets is a complex science that lacks foolproof guidelines. However, Admiral Markets has numerous visualization and analysis tools to help your account grow with currency trading.
Yes, Admiral Markets is licensed by more than four entities at a continental level, making it one of the safest brokers on the web, at least at a European level. It’s rare that you’ll find a less secure place to trade Forex, especially for Bitcoin trading.
Yes, the licenses received by the FCA, ASIC and CySEC are more than sufficient to certify your secure broker status, according to users’ opinions. It also has a highly beneficial compensation scheme in case of errors or problems.
Yes, Admiral Markets offers its users the ability to invest in Forex trading, which includes real currencies, such as the dollar or the euro, and virtual currencies, such as Bitcoin.
If you’ve made it this far, you already know everything you need to know to dive into the world of Forex trading at Admiral Markets. Be sure to visit our homepage to learn even more about the exciting world of safe investing from home.