Admiral Markets Review
| Name of the Company | Admiral Markets |
|---|---|
| Established In | 2001 |
| Online since | 2001 |
| International Offices | Is in 27 countries all over the world |
| Payment Methods | Credit cards, Debit cards, Moneybookers, Wire transfer, LibertyReserve |
| Demo Account and Platforms | |
| Account currencies | Euro, USD |
| Different Currency Pairs | 45 Pairs |
| Regulated or Registered By | From January 2012 it is licensed by ASIC or Australian Securities and Investment Commission,FSA. |
| Are US Traders Allowed? | Yes |
| Any Bonus? (detailed) | |
| Languages in which website is available | |
| Languages in which support is available | |
| Different Support Methods | Phone Contact, Email, Live Chat, |
| Types of Account (micro standard executive islamic) | Admiral Standard, Admiral Pro and Admiral CFD |
| Minimum Deposit in Accounts | Admiral standard- 10EUR/USD, Admiral Pro – $1000, Admiral CFD – $2000 |
| Minimum position size | |
| Type of Spread | |
| Typical spread on EUR/USD, pips | 2 to 3 |
| Minimum spread on EUR/USD, pips | Admiral Standard – 1 Pip, Admiral. Pro – 0.1 pip, Admiral.CFD- Adjustments for dividend |
| Is Scalping Allowed | Formally Allows Scalping |
| Is Use of Expert Advisor Allowed | |
| Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Gold, Silver, CFD (Energies, Stocks, Indices7). Leverage for Admiral Standard is 1: 500, for Admiral Pro leverage in currencies is 1:100 whereas for metals it is 1:50, Admiral CFD – 1:10 |
| Real Trading platforms | Metatrader 4, metatrader 5, iPhoneiTrader App, Android Trader App, iPadiTrader App, Windows Mobile, MetaTrader 4 Multiterminal |
| Digits after the dot in quotes | |
| Margin call level | Admiral Standard -100%, Admiral Pro -100%, Admiral CFD – 100%/50% |
| Stop-out level | Admiral Standard -30%, Admiral Pro -30%, Admiral CFD – 30% |
| Total Number of Currency Pairs | Admiral Standard- 30, Admiral Pro – 27 |
The forex market has grown leaps and bound over the years and also have some very old players like Admiral Markets. The company was founded way back in the year 2001 and has also been in online trading service since then. Their offices are spread worldwide in 27 different countries. They offer various services to their customers which makes their trading experience a cakewalk. Their margin call level is at 100% for Admiral Standard and Admiral Pro accounts whereas for Admiral CFD account it is 100%/50%. Their stop put level is at 30% for all the three accounts. They offer payment options like credit/debit cards, MoneyBookers, wire transfer and Liberty Reserve. Though the options are limited the company makes all the effort that the deposit as well as withdrawal of funds is hassle free affair. The company is a regulated one and is registered with ASIC in Australia whereas by FSC in UK. They allow only Euro and USD as the account currencies. They allow traders from United States to trade from their account. The customer support service is excellent and can be reached using phone, email and live chat.
They have different types of account like Admiral Standard, Admiral Pro and Admiral CFd for their traders and the minimum deposit required to open these accounts is $10, $1000 and $2000 respectively. They formally allow their traders to do scalping. The spread on the trade is variable and varies from 2 to 3 Pip on EUR/USD. The minimum spread on EUR/USD depends on the type of account that you using. They allow trading in Gold, Silver, CFD and metals along with forex and the maximum leverage is 1:500. They offer the most reputed trading platform in the forex market which is Meta Trader4 and also in house platforms like iPhoneiTrader, iPadiTrader along with many more.
The reviews can help you know the performance as well as quality of service provided by the company you have chosen to start your trading experience. Well, if you go through the reviews posted online for Admiral Markets you will find many happy and satisfied customers. The most talked about features in the reviews about Admiral Markets is the array of trading platform offered. All the platforms are too god and helps in easy and smooth trading. They also offer platforms for mobile trading and web based trading which is boon for many customers. The maximum leverage is 1:500 and allows trading in Gold and Silver, CFD and metals along with forex. They offer 45 currency pairs to trade in which includes all the major pairs. They have offices in 27 countries which is liked by many as it helps they approach the company directly in case of any issue. A few cons of the company are that they have very limited payment options. Also, the spreads are variable. However, the overall review is positive and the average rating given to the company by its users is 5.5 out of 10 and is a good score.