When you are trading online in financial markets, you always need a broker that meets your needs and demands. In this context, admiral markets are the best global broker for traders. It is basically a financial trading platform. It is also known as a multi-asset broker that was founded in 2001.
Admiral Markets Group is a holding company for a number of brokerage firms. Admiral Markets UK Limited is based in the UK, Admiral Markets AS is based in Estonia, Admiral Markets Cyprus Limited is based in Cyprus, and Admiral Markets Pty Limited is based in Australia. When you visit the website, you will be directed to the United Kingdom by default, but you should be aware that you can trade with a variety of companies.
When it comes to trading accounts, the organization provides a lot of flexibility, with a variety of conditions depending on your demands. Most national currencies can be used to make deposits, which are then converted into British pounds, Euros, US dollars, or Swiss francs. To protect yourself from currency fluctuations, you can open numerous trading accounts in different currencies at the same time. Admiral has been a global leader for a long time, and one of the key reasons is the ability to maximize your trading positions by switching back and forth between currencies.
Admiral Markets Features
There are multiple features of the admiral markets platform but we are describing the top 5 features below:
Regulatory Approval and Licensing.
This broker is extensively regulated, as you can see from the table below. Admiral markets have a global reputation after over two decades in business. Though trading is far from guaranteed, regulation is a crucial first step toward trustworthiness.
Advanced Trading Instruments
Admiral Markets, particularly with its MetaTrader Supreme Edition, has powerful tools that you won’t find anyplace else. Admiral markets built this plug-in for MetaTrader 4 and 5. It has almost fifty more features that you won’t find on the 4 or 5 platforms.
Accounts with a lot of flexibility.
Admiral Markets offers a variety of trading accounts, each of which offers a great deal of freedom. Whether you utilize MetaTrader 4 or MetaTrader 5, your account preference will be determined. Users of MT4 can choose between Zero.MT4 and Trade.MT4. Users of MT5 can choose between Zero.MT5, Invest.MT5, and Trade.MT5. Trade.MT5 is the most popular among MT5 users.
Spreads are low.
Admiral Markets has modest spreads that vary depending on the account. MT5 account holders will see spreads ranging from 0-0.5, while MT4 account holders will see spreads ranging from 0-0.5. Low spreads are one of this broker’s most significant features, especially for traders who expect to be very active.
Commissions are low.
This broker has minimal commission rates, which every trader would appreciate. Commissions at Admiral markets fluctuate depending on the market. Some tools offer minor commissions, while others tools are offering $0.02 per share or $1.80-$3.80 each 1.0 lot for MT4 account holders. Similar commissions will be charged to MT5 account holders. Check out the chart below for more information on commissions. Admiral also maintains a transparent table on its website that details its commissions.
Admiral Markets Pricing
In the context of pricing, Admiral Markets offers a page that is dedicated to transparently showing how they charge you for different deposit and withdrawal options. The commissions paid by this broker are specified in the contract, and they vary depending on the market.
Usually, you’ll find that transferring funds across different Admiral Markets trading accounts is totally free if the accounts have the same base currency. If they are not the same, the cost is 1% of the total transfer amount. There are ten free transfers between separate wallets and trading accounts, after which a 1% fee is levied if the currencies are different.
Admiral Markets also offers a free live demo session and trading account with its users. It’s worth noting that an inactivity fee has been in place since January 9, 2017. The monthly price for inactivity is 10 EUR. The 10EUR monthly fee will be charged to trading accounts that haven’t ■■■■■■■■ transactions in two years.
The finest thing about Admiral Markets’ client support and service is that it delivers high-quality assistance. The company’s customer service is available in 24 languages, and customers can contact them by phone, email, or chat.
Admiral Markets also offers remote customer help, which is advantageous. When a customer is confronted with a software-related or technical difficulty, remote assistance reacts immediately to the customer’s questions or requests.
Admiral Markets’ customer service information can be found on their official website, admiralmarkets.com, where you can access “Contact Us” by hovering your mouse over the “About Us” section.
Admiral Markets Reliability and Security
The slogan of Admiral Markets is “19 Years of Reliability,” and the program appears to live up to that promise. MetaTrader 4, MetaTrader 5, and MetaTrader Supreme Edition are just a few of the fantastic trading platforms offered by this company. MT4 and MT5 are probably familiar to traders, but the Supreme Edition is unique. Admiral Markets created this plug-in, which works with MetaTrader 4 and 5 and adds over fifty new functions to what MT4 and MT5 already have.
Moreover, this broker works with MetaTrader WebTrader, which gives you a chance to trade CFDs and RoboForex right from your browser without any downloading. Finally, Mac-owning customers can benefit from another piece of technology that demonstrates this broker’s dependability. If you have an Admiral Markets account, you can apply for Parallels Pro for Mac. You get three months of Pro for free, which means you’ll have full access to all of MT4 and MT5’s features.
Final Thoughts on Admiral Markets
Admiral Markets has an impressive track record in the business, spanning nearly two decades. It has built a solid reputation by being a regular presence on the worldwide trade market year after year. Admiral markets’ user tools, like its built-from-the-ground-up lessons and analytics capabilities, show that this is a broker that values its clients’ experience.