Admiral Markets, founded in , is a global Forex Broker focused on making online Forex trading accessible and transparent for individual currency traders all over the world. Traders can choose from close to seventy foreign currency pairs as well as precious metals, crude oil futures, indices and CFDs.
The broker currently counts just over 24, active clients. It employs a staff of approximately people around the world. In addition Admiral Markets was also voted the number one Forex broker readers choice by the users of onlinebroker-portal. Admiral Markets offers three types of accounts. Admiral Markets Account Types. Each of the three accounts has a different asset list to choose from, varying leverages and some even charge a commission.
Admiral Markets permits hedging on the classic and Admiral Prime accounts, and traders can trade on most mobile devices including iPhones, iPads and Androids. A demo account can be opened using any of the three trading accounts and I was pleased to see when doing this Admiral Markets review that extra focus has been given to this practice account.
The demo account is offered free for 30 days. A quick-start guide to demo trading is included. The Admiral Markets website is very user-friendly and presents all the necessary information in a clear and easy format.
Several important features are provided including Autochartist which is the world's most advanced tool for the automatic identification of chart patterns and Fibonacci patterns. The technology allows traders to monitor thousands of financial instruments 24 hours per day automatically uncovering trading opportunities as they occur. With pattern recognition engines continuously scanning financial markets such as Forex, Equities, Indices, and Commodity markets, traders are notified within minutes of pattern formations.
PowerStats is another feature offered to traders. PowerStates gives Forex traders important statistical information about the instruments they trade.
It helps when setting stop-loss and take-profit levels, and provides a better assessment of risk and volatility. Autochartist is offered free for 30 days. Books, webinars, seminars and knowledge bases are all offered at Admiral Markets and traders can choose to access any format they prefer.
Informative articles are also available as are trading examples using a variety of trading tools in hypothetical conditions. The seminars are given at their London location and the webinars are available to all members on almost a daily basis. Additionally, Admiral Markets publishes educational books and brochures in several languages, which are distributed internationally. Traders can get answers to frequently asked questions about available services and financial trading from the General Questions FAQ and the MetaTrader4 FAQ sections and a full glossary of financial terms is also provided.
Both technical and fundamental analyses are posted almost every day and Wave analysis is offered daily. Central Bank rates of the major world currencies and an economic calendar are also displayed on the website. Admiral Markets - Market Analysis. The offer expires at the end of May. This promotion is both lucrative and educational as it provides comprehensive training and learning opportunity for all participants and players can track their successes, learn from their mistakes and work on their strategies in the long-term.
A trader needs only fill in a short form to request a personal offer from the broker and a personal account manager will contact them with an offer specifically tailored to meet their trading needs. Deposits can be done using popular payment systems such as credit cards, bank wires, payment programs such as Skrill and Neteller and other deposit methods. Withdrawals can only be performed via bank transfers.
Commissions may be charged depending on the country involved. The Admiral Markets Group offers customer support via phone and live chat to assist clients in all technical and organizational matters. During European and Australian office hours, phone support and live chat are available in over two dozen different languages.
The English chat is available 24 hours on every business day. In addition, Admiral Markets offers remote support for their clients. If a trader has a technical issue or software question related to using MetaTrader 4 basic or Supreme Edition platforms, Admiral Markets can quickly assist with remote support.
I was quite impressed with Admiral Markets as it offers everything both new and experienced traders would need for an enjoyable and hopefully profitable trading experience.
There are choices of accounts and platforms and the website is user-friendly and easy to navigate. I would have liked to see additional bonuses or promotions as these are beneficial in encouraging new clients to open accounts. Report Broker Scams Forex Widgets. Due to strict US regulation many brokers aren't able to accept traders with US citizenship. See our list of recommended brokers that do accept US traders. Top Online Forex Brokers. Admiral Markets Contact this company.
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