Admirals Review, Test & Rating in 2024
Autor: Florian Fendt — Updated in Nov 2024
Admirals Trader Rating
Summary about Admirals
💰 Minimum deposit in USD | $250 |
💰 Trade commission in USD | $0 |
💰 Withdrawal fee amount in USD | $0 |
💰 Available trading instruments | 2200 |
What are the pros & cons of Admirals?
What we like about Admirals
What we dislike about Admirals
Available trading instruments at Admirals
The available trading instruments of Admiral Markets include between 61 - 4650 different trading instruments, depending on the trading account. The MT4 accounts have significantly fewer instruments than the MT5 accounts.
The standard MT5 account (Trade.MT5) includes:
- +5 Major Forex pairs
- +23 Minor Forex pairs
- +22 Exotic Forex pairs
- +22 Crypto vs Fiat
- +10 Crypto Crosses
- +6 Metals
- +4 Energy
- +7 Agriculture
- +19 Indices (cash)
- +25 Indices (CFD Futures)
- +3450 Shares
- +390 ETF
- +2 Bonds
All in all, Admiral offers a wide range of trading instruments. Unfortunately, most stocks are only available in the Standart or Invest account. The MT5 + MT4 Zero (low spreads + commissions) account type offers only a very small selection.
Conditions & detailed review of Admirals
Admiral Markets offers service from different local offices and a variety of webinars at the same time. Admiral's cost structure is very fair to traders, apart from a few instruments. The other fees are below most other brokers. The low Dax spread of 0.8 points is particularly noteworthy. Admiral also offers the possibility to invest in real shares with Admiral Invest. With a minimum deposit of €100, even smaller accounts can start trading with Admiral Markets. The execution speed is very fast, with 90% of orders being executed within 150 milliseconds. Our own experience confirms this claim. Account models vary, starting from €1 minimum deposit. ECN accounts are possible with zero accounts from 100 EUR. However, the over 3700 trading values are only available with Metatrader 5. Admiral offers Metatrader 4, 5 and its own Metatrader version and the Meta Webtrader as software.
Software & trading platform of Admirals
Your account at Admirals
How can I open an account with Admirals?
By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. Although you can explore the demo account immediately, it is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation.
How To Close Your Admirals account?
Deposits and withdrawals at Admirals
The payout of funds is governed by the refund payout policy, which is available on the website.
For this purpose, the customer must submit an official withdrawal request in his/her account. The following conditions, among others, must be met:
- The full name (including first and last name) on the beneficiary account matches the name on the trading account.
- A free margin of at least 100% is available.
- The withdrawal amount is less than or equal to the account balance.
- Full details of the method of deposit, including supporting documents required to support the withdrawal in accordance with the method used for the deposit.
- Full details of the method of withdrawal.
How is the service at Admirals
Regulation & Safety at Admirals
Highlights of Admirals
Finding the right broker for you is not easy, but hopefully you now know if Admirals is the best choice for you. If you are still unsure, you can use our forex broker comparison to get a quick overview.
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Frequently asked questions about Admirals
Is Admirals a good broker?
XXX is a legit broker operating under CySEC oversight. No scam warning has been issued on the CySEC website.
Is Admirals a scam broker?
XXX is a legit broker operating under CySEC oversight. No scam warning has been issued on the CySEC website.
Is Admirals regulated and trustworthy?
XXX remains fully compliant with CySEC rules and regulations. Traders should view it as a safe and trusted broker.
What is the minimum deposit at Admirals?
The minimum deposit at XXX to open a live account is $250.
Which trading platform is available at Admirals?
XXX offers the core MT4 trading platform and a proprietary WebTrader.
Does Admirals offer a free demo account?
Yes. XXX offers an unlimited demo account for trading beginners or testing purposes.
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