Admirals Broker Review and Opinions

Admirals broker is a multi-asset forex and CFD trading platform with a wide range of tradable instruments. Traders can choose from more than 8,000 markets across Forex, shares, commodities, indices, ETFs, and bonds.

The broker is highly regulated and offers several account types. It also offers a variety of trading tools, including ground-up tutorials and an excellent educational repository.

Opinions

Admirals is a top-notch Forex and CFD broker with a large trading selection, low fees, and extensive educational tools. This Admirals review will take a close look at the platform, fees, leverage, mobile apps, account types, and more.

The company has a long history of providing safe and reliable services to traders. It’s regulated by various financial authorities across the world and is known for its transparency and trust-building efforts.

Its MetaTrader platforms offer a wide variety of trading instruments, including over 8,000 forex pairs and CFDs on indices, stocks, bonds, precious metals, energies, agricultural products and cryptocurrencies.

Its education and research facilities are impressive, with a full suite of tutorials, webinars, seminars, and videos. Traders also have access to premium analytics powered by Dow Jones, Trading Central and Acuity. These tools complement the research capabilities already offered by the platform, and further enhance auxiliary trading services.

Benefits

Admirals is a leading Forex broker that provides clients with access to multiple MetaTrader platforms. It also offers a number of useful features and educational content for traders of all levels.

As a well-established online broker, Admirals has a solid track record that has been built over 20 years of service. Its customer security is strong, and the website uses encryption software to keep client data secure.

In addition, it provides one-time password authorization on the MetaTrader platforms and dual-factor authentication via SMS or Google Authenticator in the Traders Room. This helps protect your personal information and keeps the Traders Room safe from hackers.

The broker also offers a range of different account types and trading instruments, including Forex pairs, indices, shares, commodities, and cryptocurrencies. It offers low spreads, and no deposit or withdrawal fees.

Deposit and withdrawal

Admiral Markets offers a wide range of deposit and withdrawal options for its customers. Major bank transfers and credit cards are available, as well as e-wallets like Skrill and Neteller.

However, be aware that some payment methods have fees attached to them. For example, bank transfers will usually incur a transfer fee.

Similarly, deposits made in a currency other than the base currencies you signed up for may also incur a conversion fee.

Despite these limitations, Admirals offers a robust trading platform, a wide variety of instruments, and low spreads. Furthermore, its customer support is available to help traders in a variety of languages.

Trading platform

The Admirals trading platform is a web-based tool that allows traders to trade from anywhere in the world. It features a wide range of price analysis tools and helps users manage their risk in a simple manner.

The broker offers a wide variety of assets, including Forex and CFDs. It also has a robust educational program for new traders.

New traders can access a nine-lesson “Forex 101” course and free webinars. This is a good way for them to learn the basics of Forex before entering the real market.

This platform also provides a full range of technical indicators and charting tools, which can be helpful in managing risk and increasing profits. It also supports various strategies, like 1-minute scalping and hedging.

The broker’s commission fees are low, which is important for every trader. MT4 and MT5 account holders can expect spreads that start from 0-0.5, while other instruments carry commissions that average between $0.02 and $1.80 per share.

Pros and cons

Admirals is a well-established and reputable global forex and CFD broker that offers low fees, competitive spreads and extensive educational tools. It also offers a wide range of account types.

The website uses encryption software and dual-factor authentication to protect user data. In addition, negative balance protection is provided.

As a result, the site is highly secure and safe for investors. In fact, it is regulated by multiple financial authorities including the UK’s Financial Conduct Authority (FCA), the Estonian Financial Supervision Authority (EFSA), Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investment Commission (ASIC) and the Jordan Securities Commission (JSC).

The broker’s user-focused tools include ground-up tutorials and analytics features, which are important to valued users. These tools provide traders with an easy-to-understand foundation of Forex trading before approaching the live market.

Account opening and login

Unlike most brokers, Admirals allows you to trade from the comfort of your own home. They also have a mobile app to help you with your trades on the go. Their customer service is top notch. The support team is available 5 days a week, so you can get the answers to your trading questions right away.

The account opening process is simple and painless. You can start by clicking on the ‘Live Account’ button on their homepage and filling in the required details in seconds. You then need to upload a few identification documents like a driver’s license or passport and a recent utility bill, and wait for your account credentials to be processed.

The best part of all is that the ‘Admiral os’ is one of the best looking websites on the market, and they are one of the most reputable regulated forex brokers in the business. They have some of the most impressive features including a zero spread MT4 and MT5 platform, and a high-powered MetaTrader 6 desktop application for serious trading. They also have a cool ‘Remote Support’ feature that allows you to speak to an expert directly from your computer.

Education

Admiral Markets has an impressive selection of user-focused tools and resources for traders. This includes webinars, seminars, e-books and guides that help newcomers learn the ins and outs of trading.

It also offers a free 20-day forex course that teaches novice traders the basics of the forex market. The program also teaches trading psychology and how to read market conditions.

Traders can get support from the broker’s customer service team five days a week via live chat, phone and email in 23 languages. Drop-in appointments are also available at any office location.

Premium Analytics is available to all registered users, providing access to a range of analysis tools. These include economic calendars, Trading Central chart analysis, comprehensive and detailed quotes, trader blogs and posts as well as a weekly trading podcast.

Customer service

If you’re looking for a broker that offers excellent customer service, Admirals may be the right choice for you. Their customer support is available through multiple channels, including email and live chat.

The company’s live chat response time is quick, and they usually answer questions within a minute or two. Their phone support is also good, with agents who are knowledgeable and helpful.

A demo account is a great way to practice trading without risking your own money. This will help you get a feel for the market, and it can also give you an idea of how to use leverage.

However, you should keep in mind that demo accounts don’t allow you to place real-money trades. This means that they’re best used as a training tool before you make your first real-money investment.

Demo account

If you’re a new trader, you’ll want to start trading on a demo account before risking your money on a live trading account. This is the best way to learn about the market and the broker before you risk your own money.

Admirals offers a demo account with a total sum of $10,000 in virtual funds. This can be used to test the MT4 (MetaTrader 4) and MT5 (MetaTrader 5) platforms, as well as try leveraged trading on a range of different instruments.

The broker’s safety measures include full compliance with all regulators, segregated client funds, and negative balance protection. These features ensure a safe and secure environment for traders to manage their portfolios.

Deposit and withdrawal methods are well-catered for at Admirals with wire transfers, credit/debit cards, eWallets, as well as more local options available. Note that deposits in currencies not supported by the broker can incur a small conversion fee.