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Admiral Markets Review + Opinions (2022) | Safe And Fast?

Fees
$0
*Except inactivity fee
Promotion
Not active
No promotion available at this time
Minimum deposit
$100

Admiral Markets review

Admiral Markets is an online broker where you can go to trade in various financials products. The firm offers the opportunity to trade in currencies, indices, commodities, stocks and in various crypto currencies. Admiral Markets was founded in 2001 and caters to different types of clients. Investing is easy by starting with opening a demo account at the broker.

In our Admiral Markets review we will give you more insight and information about the advantages and disadvantages of the broker, the reliability and security of the provider, the packages you can choose, the ways you can deposit and withdraw money, the customer service and much more.


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BAMagazine score

★★★★★
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Learn moreLearn more (review)Learn more (review)
Fees
$0
Per trade
Fees
$0
Per trade
Fees
$0
Per trade
Minimum Deposit
$50
Minimum Deposit
$50
Minimum Deposit
$50
Promotion
$50 – $5.000
Check conditions
Promotion
1 free stock
Check conditions
Promotion
1 free stock
Check conditions

How are the Admiral Markets experiences?

When we look at Admiral Markets customer experiences, we see a lot of positive reports. This is not surprising, since the party offers its services in multiple languages. Admiral Markets’ customer service is available 24 hours a day, 7 days a week to assist you in your own language.

Getting started with investing is easy with a demo account. This way you can get acquainted with the platforms and the way the broker offers its services. Another nice feature is that you have the possibility to deposit money with iDEAL. Below you will see a brief overview of some of the advantages and disadvantages of Admiral Markets.

Advantages

  • You can use an app for your smartphone or tablet;
  • It is possible to deposit with iDEAL;
  • The website is available in multiple languages;
  • Customer service is available in multiple languages and 24 hours a day;
  • Admiral Markets has European papers and is regulated by the Financial Markets Authority (AFM);

Disadvantages

  • It is not possible to use PayPal for depositing or withdrawing funds.

Is Admiral Markets scam: reliability and safety

The reliability of a broker is very important if you are looking for a party to invest. That is why we pay attention to it in this Admiral Markets review. There are a number of points that clearly show that this is a reliable provider.

Admiral Markets namely holds the proper licenses to offer financial products and to operate as a trading platform. Furthermore, the organization is regulated by various bodies and the website is properly secured for a safe connection.

What about the regulation and licensing of Admiral Markets?

Our Admiral Markets experiences with security and reliability are very good. We have seen that licenses are present from the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

With these European licenses, the broker has the authority to offer their services in Europe. Admiral Markets Netherlands is also controlled by the Netherlands Authority for the Financial Markets (AFM). The broker is registered with this organization and is regularly subjected to audits by the AFM.

admiral markets education

Use of SSL encryption

For the use of your account and for investing, an SSL-encryption is used. This establishes a secure connection between your device and the AdmiralMarkets website. SSL encryption is necessary for several reasons: it ensures the safety of your data, your account and your money.

It is not possible for third parties to access your data thanks to this security. You can recognize the secure connection by the padlock in the address bar of your browser or the URL that begins with ‘https://’.

Other measures

In addition to the measures mentioned above, there are other security measures in place to protect you as a client, your data, your investments and your money. In the event of a bankruptcy of Admiral Markets, a claim can be made under the Financial Services Compensation Scheme (FSCS). With this, your deposit is insured up to an amount of up to %100,000.00.

To prevent problems in such cases, the money you invest at Admiral Markets is placed in a separate account. This way, the company’s finances are kept separate from your funds. Of course, you will always be warned about the risks you face when you start investing.

How do you create an account with Admiral Markets?

To create an account with Admiral Markets can be done easily by following the steps below:

  1. On the Admiral Markets website, you will see a green button at the top right of the page with the text: “Create Account”;
  2. Clicking on this button will take you to a form. There you will fill in the information that is requested such as your name, email address and other information;
  3. You will create a password that you can use to log in in the future;
  4. After you have entered the requested information, click on the “Login”.
  5. The account has now been created and you will receive an email containing a link for confirmation;
  6. Once you have clicked this link, you can use the account.

admiral markets account

Account overview

For opening an account with Admiral Markets, you have several options. Below you will find an overview of the different types of accounts you can choose from:

  • Demo account: with this type of account you can get acquainted with investing. You do not have to deposit money and can invest at risk. You get € 10.000,- of virtual money that you can use;
  • Trade.MT4 account: this allows you to trade on the MetaTrader 4 platform from a deposit of € 100,-. Instruments that you can use are Forex, precious metals CFD’s, energy CFD’s, index future CFD’s, cash index CFD’s, stocks CFD’s and bond CFD’s;
  • Zero.MT4 account: this allows you to trade on the MetaTrader 4 platform from a deposit of € 100.-. Instruments you can use are Forex, precious metals CFD’s, energy CFD’s and cash index CFD’s;
  • Zero.MT5 account: this allows you to trade on the MetaTrader 5 platform from a deposit of € 100.-. Instruments you can use are Forex, precious metals CFD’s, energy CFD’s and cash index CFD’s;
  • Invest.MT5 account: with this you also trade on the MetaTrader 5 platform. You can do so in stocks and ETFs for an initial investment from just €1.
  • Trade.MT5 account: a very comprehensive account on the MetaTrader 5 platform. The minimum deposit is €100.- and with it you can trade Forex, precious metals CFD’s, energy CFD’s, index future CFD’s, agricultural products CFD’s, Commodity futures, cash index CFD’s, stocks CFD’s, ETF CFD’s and bond CFD’s.

Admiral Markets payment methods

At Admiral Markets, you can use various methods to deposit and withdraw money. Below you will find the different methods you can use to deposit money, the currency you can use for this, the costs you will pay, the processing time of the transactions and the minimum and maximum deposit you may make per transaction method.

MethodValutaCostsMin. / max.Process time
Bank transferEUR, USD, AUD, BGN, CHF, CZK, GBP, HRK, HUF, NOK, PLN, RON,FreeGeen / geen1 tot 3 days
RUB & SEK
KlarnaEUR & GBPFree$ 50,- / $ 10.000,-Direct
VisaEUR, USD, GBP, CHF, PLN, HUF, BGN, CZK, HRKFree$ 50,- / $ 5.000,-Direct
NOK, RON, SEK, AUD & SGD
MasterCardEUR, USD, GBP, CHF, PLN, HUF, BGN, CZK, HRK, NOKFree$ 50,- / $ 5.000,-Direct
RON, SEK, AUD & SGD
PayPalEUR, USD, GBP, CHF, PLN, HUF, CZK, SEK, AUD & SGDFree$ 50,- / $ 500,-Direct
SkrillEUR, GBP, USD, CHF, PLN, CZK, HUF, BGN, RON & HRK0.009$ 50,- / $ 10.000,-Direct
NetellerEUR & GBP0.009$ 50,- / $ 10.000,-Direct
SafetyPayUSD & CLPFree$ 50,- / $ 5.000,-1 day
PrzelewyPLNFree50 PLN / 30.000 PLN1 day
iBank & BankLinkEURFree$ 10,- / $ 5.000,-Direct
iDEALEURFree$ 50,- / $ 10.000,-Direct

Offerings at Admiral Markets

At Admiral Markets you have a wide choice of products to trade. The products on offer include:

  • Forex including: EUR/USD, GPB/USD, AUD/USD, USD/CAD, USD/JPY, AUD/NZD and NZD/USD;
  • Index CFD’s including Nasdaq and FTSE100;
  • Equity CFD’s of companies;
  • Obligation CFD’s;
  • Commodity CFD’s such as gold, silver, oil and gas.

Admiral Markets app

Investing can be done with Admiral Markets by using the account you create. This can be done on a computer and also with a handy app. The Trading App is suitable for Android and Apple devices. You can use it in a simple way to keep an eye on your investments.

The app is safe and reliable. Because of the convenience of this tool, you can act immediately if necessary. It is also possible to use the app in combination with the demo account.

admiral markets app

Customer service of Admiral Markets

Finally, in this Admiral Markets review we will also discuss the broker’s customer service. At Admiral Markets, you can get in touch with the customer service in various ways. A pleasant side effect is that you can be addressed in multiple languages.

You can get in touch via e-mail, by filling out an online form, by calling Admiral markets or by using the live chat. It is always possible to ask questions, as customer service is available 24 hours a day on weekdays. Depending on the method used, you may be helped in English.

Conclusion

When we take everything together that we have discussed in this Admiral Markets review, we can state that we are dealing with a versatile broker. You can use different platforms to trade and have a choice of multiple accounts. It’s nice to be able to use the free app on your phone and the demo account. By the way, these can also be used in combination with each other.

A big plus is that the customer service and the website are available almost entirely in multiple languages. Not quite sure whether Admiral Markets is the broker for you? Then use the comparator on this page. Here you can compare different brokers with each other, so you can find the best one for your situation.


★★★★★
BAMagazine score

★★★★★
BAMagazine score

★★★★★
BAMagazine score
Learn moreLearn more (review)Learn more (review)
Fees
$0
Per trade
Fees
$0
Per trade
Fees
$0
Per trade
Minimum Deposit
$50
Minimum Deposit
$50
Minimum Deposit
$50
Promotion
$50 – $5.000
Check conditions
Promotion
1 free stock
Check conditions
Promotion
1 free stock
Check conditions

Frequently asked questions

We can safely conclude that Admiral Markets is secure and safe. While trading in financial investments, losing money rapidly due to trading Forex, CFDs is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility.

The minimum deposit at Admiral Markets is $100. The minimum position size is 0.01 lots, although stake requirements do vary among instruments.

The STP (Straight Through Processing) technology requires no dealing desk and is the model which is used by Admiral Markets. All orders are routed to the broker’s liquidity providers, and prices are executed at the bid/ask rate provided by liquidity providers.

Note, Admiral Markets is a market maker and does not use an ECN model across any of its retail accounts.

Admiral Markets doesn’t charge withdrawal fees. Admiral Markets for example allow you to withdraw your funds to Credit cards, Visa, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, SOFORT, Safety Pay, Przelewy, iDEAL, Klarna.

Admiral Markets do not accept US citizens due to not having registered & holding a licence.

Admiral Markets UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA), FRN: 595450, and is authorised to hold Client Money under the FCA CASS rules.

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Freddy Agard
Freddy Agard

Freddy Agard writes daily about financial products and specializes particularly in the equity markets. He is happy to tell you more and enjoys reducing complex material to manageable and understandable information. Questions? Leave a comment at the bottom of the page!

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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