Admiral Markets Review
Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features — such as the Supreme add-ons — alongside an extensive range of shares, forex and CFD markets, and premium research content.
- Minimum Deposit: 100
- Trust Score: 84
- Tradeable Symbols (Total) : 8425
Admiral Markets pros & cons
Pros
- Admiral Markets stands out among the crowded field of MetaTrader-only brokers who offer few — if any — supplemental platform features.
- Offers StereoTrader dashboard for MetaTrader and Supreme suite of custom indicators.
- Premium Analytics features Dow Jones News, sentiment analysis from Acuity Trading, and Trading Central signals.
- Outstanding educational content — Admiral Markets is a top contender in this category in 2022.
- Regulated in Australia by ASIC, Cyprus by CySEC, the U.K. (by FCA), and Jordan (by JSC).
- 340 Admiral Markets staff serve over 48,000 clients, with more than $82 million in clients assets.
- Offers 8,425 tradeable symbols: 3,827 CFDs and 4,598 exchange-traded securities (non-CFD).
- Provides a unique set of volatility protection tools for managing risk.
- Competitive pricing for EUR/USD; the all-in cost for its commission-based account is 0.7 pips (after $6 fee).
Cons
- Admiral Prime account for MT5 offers a significantly narrower range of tradeable symbols.
- Admiral Markets AS is the sole liquidity provider (market-maker) for all its group companies.
- Spreads on the commission-free Trade account are in-line with the industry average of 0.8 pips for EUR/USD (based on July 2021 data).
- Maximum contract size limited to 100 lots on MT5 accounts — compared to 200 on MT4.
- The social trading feature is new to Admiral Markets, but doesn't yet stack up against competitors like eToro and ZuluTrade.
- Admiral Markets App is still relatively unsophisticated.
Overall Summary
| Feature | Admiral Markets |
|---|---|
| Overall | |
| Trust Score | 84 |
| Offering of Investments | |
| Commissions & Fees | |
| Platforms & Tools | |
| Research | |
| Mobile Trading Apps | |
| Education |
Is Admiral Markets safe?
Admiral Markets is considered average-risk, with an overall Trust Score of 84 out of 99. Admiral Markets is not publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Learn more about Trust Score.
Regulations Comparison
| Feature | Admiral Markets |
|---|---|
| Year Founded | 2001 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 2 |
| Tier-3 Licenses | 0 |
| Trust Score | 84 |
Gallery: Admiral Markets app and platforms
Gallery: Admiral Markets tools and resources
2022 Review Methodology
For our 2022 Forex Broker Review we assessed, rated, and ranked 39 international forex brokers over a three-month time period resulting in over 50,000 words of published research.
Each broker was graded on 113 different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure. Read about Trust Score here.
As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Learn more about how we test.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.Read more on forex trading risks.
About the Author
Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.
