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Admiral Markets Review

Steven Hatzakis

Steven Hatzakis | September 17th, 2019

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

MetaTrader enthusiasts choose Admiral Markets for its reliable customer service, a diverse offering of tradeable instruments, and advanced MetaTrader features, including active trader tools via the Supreme add-on and market research via Premium Analytics.

  • Admiral Markets Group was founded in 2001 and is regulated in Europe and Australia. As per the group’s 2018 annual report, the firm held $36m in Tier 1 capital, making the broker safer to trade with than brokers with fewer equivalent licenses.
  • Thanks to additional trading tools and robust research, Admiral Markets stands out when compared to other MetaTrader-only brokers who offer little to no features beyond the default layout. For example, with Premium Analytics, customers can access Dow Jones News, Acuity Trading, and Trading Central.
  • The firm’s MetaTrader Supreme add-ons, including volatility protection tools, helps enhance the Admiral Markets offering.
  • Despite not finishing as one of our top picks for beginners, as an additional benefit to less-experienced traders, Admiral Markets includes a variety of educational content on its website.
  • While not available in all account types, the primary Admiral Markets multi-asset offering includes over 3800 tradeable symbols, including CFDs as well as non-leveraged exchange-traded securities.
FeatureAdmiral Markets
Overall 4 Stars
Trust Score78
Offering of Investments 3.5 Stars
Commissions & Fees 3.5 Stars
Platform & Tools 3 Stars
Research 3.5 Stars
Mobile Trading 3.5 Stars
Customer Service 4 Stars
Education 4 Stars

Is Admiral Markets Safe?

help 78
Trust Score

Admiral Markets is considered average-risk, with an overall Trust Score of 78 out of 99. Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets 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: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC). Learn more about Trust Score.

Regulations Comparison

FeatureAdmiral Markets
Year Founded2001
Publicly Traded (Listed) No
Bank No
Tier-1 Licenses2
Tier-2 Licenses2
Tier-3 Licenses0
Trust Score78

Offering of Investments

The following table summarizes the different investment products available to Admiral Markets clients.

FeatureAdmiral Markets
Forex: Spot Trading Yes
Currency Pairs (Total Forex pairs)47
CFDs - Total Offered3844
Cryptocurrency traded as actual No
Cryptocurrency traded as CFD Yes

Commissions & Fees

Admiral Markets offers four account types with a range of fees and products to trade. When calculating the all-in cost to trade, including spreads plus any commission, pricing is similar across all account types, with ranges from 0.6 pips to 0.7 pips (referencing September 2019 data).

Account differences: The Admiral Markets MT5 account (or MT5 Invest for exchange-traded stocks) provides the broadest number of symbols to trade, whereas those focused on just on forex may gravitate to the Admiral Prime MT4 account. The lowest all-in cost (spreads plus any commission) are found in the Admiral Prime account, which unfortunately has a drastically smaller range of tradeable symbols.

No dealing desk: Admiral Markets states that it provides agency execution across all account types and does not operate a dealing desk or take risk internally. Admiral Markets acts as an agency broker by routing client orders to its parent company, Admiral Markets AS, which is its sole liquidity provider for all its group companies (this is similar to how Saxo Capital Markets UK routes client trade requests solely to Saxo Bank in Denmark).

FeatureAdmiral Markets
Minimum Initial Deposit200
Average Spread EUR/USD - Standard0.600
All-in Cost EUR/USD - Active0.700
Active Trader or VIP Discounts No

Platforms & Tools

Admiral Markets is a MetaTrader broker. When comparing MetaTrader offerings, Admiral Markets stands out thanks to its MetaTrader Supreme offering (available for MT4 and MT5), which consists of a suite of 12 expert advisors and 20 custom indicators.

Some of the useful add-ons provided through the Supreme offering include showing news events plotted as small color-coded alarm bells on the chart. There are also other subtle tools such as a candle countdown timer or spread widget. Lastly, Trading Central is also included.

Advanced tools: Admiral Markets also offers a unique set of volatility protection tools to help you control inherent risks associated with agency execution, including slippage and market gap scenarios. No question, these tools are excellent enhancements for skilled traders.

Gallery

FeatureAdmiral Markets
Virtual Trading (Demo) Yes
Proprietary Platform No
Desktop Platform (Windows) Yes
Web Platform Yes
Social Trading / Copy-Trading Yes
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
cTrader No
Charting - Indicators / Studies (Total)51
Charting - Drawing Tools (Total)31
Charting - Trade From Chart Yes
Watchlists - Total Fields7
Order Type - Trailing Stop Yes

Research

Unlike most MetaTrader brokers, Admiral Markets provides a good range of research tools and resources across its website and trading platforms. Thanks to neatly-organized content on its website, traders can quickly and easily find what they want in one place.

Premium Analytics: Through Admiral Markets Premium Analytics (free for customers), traders gain access to a Dow Jones News calendar, Trading Central signals, and sentiment widgets from Acuity Trading. Other tools include heat maps, fundamental and technical analysis content, and Elliot Wave Analysis.

Gallery

FeatureAdmiral Markets
Daily Market Commentary Yes
Forex News (Top-Tier Sources) Yes
Weekly Webinars Yes
AutoChartist No
Trading Central (Recognia) Yes
Delkos Research No
Social Trading / Copy-Trading Yes
Social Sentiment - Currency Pairs No
Economic Calendar Yes

Mobile Trading

Depending on the account type you open at Admiral Markets, either the MT4 or MT5 app comes standard, available for both Android and iOS. Unfortuantely, the unique add ons provided with the desktop platform do not translate to mobile. As a result, scoring for this category matches that of other MetaTrader-only brokers.

Gallery

FeatureAdmiral Markets
Android App Yes
Apple iOS App Yes
Trading - Forex Yes
Trading - CFDs Yes
Alerts - Basic Fields Yes
Watch List Yes
Watch List Syncing No
Charting - Indicators / Studies30
Charting - Draw Trend Lines Yes
Charting - Trend Lines Moveable Yes
Charting - Multiple Time Frames Yes
Charting - Drawings Autosave No
Forex Calendar No

Customer Service

For our 2018 Forex Review, 129 customer service phone tests were conducted over three months. The data collected is institutional grade. On average, three questions were asked for each test. To score each test, the tests were divided into three separate groups and scores were given for the time taken to connect with each support representative and the ability of each representative to professionally (and thoroughly) answer each question. A Net Promoter Score was also given for the overall experience.

Results

  • Average Connection Time: <1 minute
  • Average Net Promoter Score: 7 / 10
  • Average Professionalism Score: 5.7 / 10
  • Overall Score: 7 / 10
  • Ranking: 15th (43 brokers)

Final Thoughts

Admiral Markets can be a good choice for MetaTrader enthusiasts looking for the entire MetaTrader platform suite. Despite a standard out-of-the-box MetaTrader app for mobile, Admiral Markets offers a competitive range of tradeable products and numerous additional tools for trading and research not often found, making it a strong competitor among the best MetaTrader brokers.

About Admiral Markets

Admiral Markets Group was founded in 2001 and has since expanded into a global brand with several international entities and regulatory licenses in Australia, the UK, Cyprus, Estonia, and across continental Europe. The group has a headcount of 228 staff, 22,321 active clients, and over EUR 36m in Total Tier 1 Capital (as per its 2018 Annual Report). Since November 2018, bonds of Admiral Markets have begun trading on the Baltic Bond List, regulated by Nasdaq Tallinn AS, after the broker raised over 1.8m EUR in subordinated debt set to mature in 2027.

Admiral Markets is primarily a MetaTrader forex broker offering the suite of platforms from MetaQuotes Software Corporation and provides premium features such as its MT4 Supreme add-on, together with volatility protection tools. The broker focuses on 3844 instruments, including 55 forex pairs and CFDs on 3360 Single Stocks, 384 ETFs, 26 commodities, 40 indices, 32 cryptocurrencies, and two bonds.

2019 Review Methodology

For our 2019 Forex Broker Review we assessed, rated, and ranked 28 international forex brokers over a six month time period. Each broker was graded on 81 different variables and, in total, over 60,000 words of research were produced.

While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.

All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors 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." Learn more.


Steven Hatzakis

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.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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