Admiral Markets Australia – Forex Broker Review 2020

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Admiral Markets Review

Forex and CFD traders choose Admiral Markets for its excellent investor education and advanced MetaTrader features, including the Supreme add-on and market research via Premium Analytics.

  • Founded in 2001, Admiral Markets is regulated in two tier-1 jurisdictions and two tier-2 jurisdictions, making it a safe broker (average-risk) for forex and CFDs trading.
  • 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.
  • As an additional benefit to less-experienced traders, Admiral Markets finished among the best forex brokers for beginners in 2020, thanks to an industry-leading offering of educational content on its website.

Overall Summary

Feature Admiral Markets
Overall 4 Stars
Trust Score 83
Offering of Investments 4 Stars
Commissions & Fees 4 Stars
Platform & Tools 4 Stars
Research 4.5 Stars
Mobile Trading 3.5 Stars
Customer Service 4 Stars
Education 4.5 Stars

Is Admiral Markets Safe?

Admiral Markets is considered average-risk, with an overall Trust Score of 83 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

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 83

Offering of Investments

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

Feature Admiral Markets
Forex: Spot Trading Yes
Currency Pairs (Total Forex pairs) 47
CFDs – Total Offered 3844
Social Trading / Copy-Trading Yes
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 2020 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).

Feature Admiral Markets
Minimum Initial Deposit 200
Average Spread EUR/USD – Standard 0.6 (Aug 19)
All-in Cost EUR/USD – Active 0.7 (Aug 19)
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 and a spread widget. Lastly, Trading Central is also available.

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Advanced tools: Admiral Markets also offers a unique set of volatility protection tools. These tools can 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, and why Admiral Markets won the award for Best MetaTrader Broker in 2020.

Feature Admiral 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 Fields 7
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.

Education: Admiral Markets was our number one broker for Education finishing Best in Class in 2020, thanks to its comprehensive educational content and courses. The broker also finished Best in Class in the Beginners category.

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.

Feature Admiral Markets
Daily Market Commentary Yes
Forex News (Top-Tier Sources) Yes
Weekly Webinars Yes
AutoChartist No
Trading Central (Recognia) Yes
Delkos Research No
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. Unfortunately, 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.

Feature Admiral 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 / Studies 30
Charting – Draw Trend Lines Yes
Charting – Trend Lines Moveable Yes
Charting – Multiple Time Frames Yes
Charting – Drawings Autosave No
Forex Calendar No

Customer Service

To score Customer Service, ForexBrokers.com partnered with customer experience research group Customerwise to conduct phone tests from locations throughout the UK. For our 2020 Review, 330 customer service tests were conducted over six weeks.

Results

  • Average Connection Time: th (22 brokers)

Final Thoughts

Admiral Markets can be the right choice for MetaTrader enthusiasts looking for the entire MetaTrader platform suite, and numerous add-ons and trading tools. In addition to finishing first place for Education, Admiral Markets was our number one Best in Class MetaTrader broker in 2020, out of all MetaTrader brokers. Admiral Markets offers a competitive range of tradeable products and numerous additional tools for trading and research not often found in MetaTrader-only 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 2020 Annual Report). Since November 2020, 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.”Read more on Wikipedia about Admiral Markets.

Admiral Markets Trading Features

Feature Admiral 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 Fields 7
Order Type – Trailing Stop Yes

Admiral Markets Research Features

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

Admiral Markets Mobile App Features

Feature Admiral 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 / Studies 30
Charting – Draw Trend Lines Yes
Charting – Trend Lines Moveable Yes
Charting – Multiple Time Frames Yes
Charting – Drawings Autosave No
Forex Calendar No

2020 Review Methodology

For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers over a five month time period. Each broker was graded on 105 different variables and, in total, over 50,000 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.

Admiral Markets Australia

With so many brokers to choose from, it can be quite daunting to determine just which brokerage will serve you best. Well, in your search for a great broker, you really should consider Admiral Markets Australia.

They are reliable, maintain consistent standards, and have plenty of features that cater to a wide variety of traders. To see just what it is that this broker has to offer you, keep reading.

Does Admiral Markets Accept Australian Traders?

Yes, Admiral Markets does indeed accept Australian traders. On Admiral Markets you can trade Forex, Cryptocurrencies and CFDs on energies, metals, indices, stocks, bonds.

Admiral Markets Australia Review

One of the ways that this broker is versatile is with the number of instruments that it provides for traders to trade with. The main options here are forex, commodities, and CFDs. With forex, you have the opportunity to trade with up to 40 currency pairs. To add to this, you get to enjoy leverage up to 5000:1 and spreads starting from 0 pips.

With commodities, you get to trade with top-notch assets like gold and WTI oil, ensuring that you stay up to date with global markets as well. Here too, you get leverage up to 500:1 and best of all, you don’t have to pay any commission.

If you are not interested in owning assets but rather trading according to the price movements, then CFDs are the option for you. Admiral Markets lets you choose from quite a few choices including shares, indices, and ETFs. To take a closer look at what assets you can select from, check here:

  • Shares: you can leverage up to 1:20, go long or short with the trade, and can earn dividends.
  • Indices: you can leverage up to 1:500 and when you trade, there is no trade expiration or commission.
  • ETFs: you can leverage up to 1:20, trade in any direction, and earn dividends even though you don’t own the asset.
  • Bonds: you can leverage up to 1:200, go long or short on trades and don’t have to pay commission
  • Cryptocurrency: with this more modern option, you can leverage up to 1:5 and have the freedom to trade in any direction as well.

One downside of Admiral Markets is that it does not have Paypal as payment method.

Broker Trading Platforms

This broker relies heavily on the MetaTrader trading platform. This is good news for all traders as this is a highly renowned platform. Now, this broker takes things up a notch by giving you access to numerous versions of the MetaTrader platform. They are as follows:

MetaTrader4

One of the reasons that MetaTrader4 continues to be a favourite with traders is largely due to its user-friendly layout.

This makes it simple for traders of all levels to place trades easily and with little hassle. Another draw is the fact that many of its features are customisable, allowing you to personalise the platform to suit your trading style a little better.

MetaTrader5

MetaTrader5 is also a common preference among traders, particularly those who have a little more experience when it comes to trading. A top benefit with this platform is that it boasts superior charting. As a result, this makes it simpler for practiced traders to determine the market situation and to place better trades. To add to this, there is plenty of free market news and data features as well.

MetaTrader Supreme Edition

MetaTrader Supreme Edition isn’t as well known as the platform versions above. However, it is excellent for professional traders who are in need of more advanced tools. One of the things that set this platform above the others is that its charting capabilities are truly wonderful. So, any trader who relies heavily on charts will be able to use this platform to their advantage. The trading simulator also makes it useful for testing out trading strategies.

MetaTrader WebTrader

This version lets you trade from the browser without the need to download the software. Therefore, it is incredibly easy to trade from virtually any machine, regardless of your operating system. Not to mention, you can still have access to all of the platform’s traditional features.

Admiral Markets Account Types

This broker lets you select from three different account types. Now, the minimum deposit for all of these accounts is $100. However, each of the accounts has been arranged so that it is better suited to different types of traders.

Admiral.Markets

If you prefer using the MetaTrader4 platform but still want access to a large number of instruments, then this is the account for you. Here, you can have an account balance in a number of different currencies. Furthermore, you can select from 31 currency pairs, 5 cryptocurrency CFDs, 5 spot metal CFDs, 3 spot metal energy CFDs, 16 cash index CFDs, 4 index futures CFDs, 64 stock CFSs, and 2 bonds CFDs.

Admiral.Prime

If your main focus is with forex trading, then the Prime account will suit you well. Here, you have access to 44 currency pairs. However, there is some limit regarding how many options you have with currencies when it comes to your account balance. In addition to the currency pairs, you can also trade with 3 spot metal CFDs on MetaTrader4.

Admiral.MT5

This is a good account if you are a slightly more seasoned trader and prefer using MetaTrader5. In addition to getting access to this platform, you also have a multitude of instruments to choose from. These include 36 currency pairs, 32 cryptocurrency CFDs, 5 spot metal CFDs, 3 spot energy CFDs, 7 spot agriculture CFDs, 16 cash index CFDs, 4 index futures CFDs, over 300 ETF CFDs, and over 3000 stock CFDs.

Australian Regulations and Licensing

Admiral Markets holds an Australian Financial Services License which ensures that it has to meet the requirements set forth by that regulatory agency. As a result, you can be quite certain that all the trades and other services offered by this broker are completely legal.

The broker is also externally audited, guaranteeing that the financial features are up to date and legitimate. This reduces the risk of any scams or fraudulent activity.

Finally, the broker relies on segregated client accounts with the National Australia Bank. This allows you to have peace of mind, even if the broker does undergo financial difficulties. The segregated accounts keep your money separate so that you will always have access to the full amount.

These are the top feature to be aware of when dealing with Admiral Markets. When reviewing these elements, you will know that this broker has something to offer all traders.

Admiral Markets Review 2020

Regulated by ASIC, FCA, CySEC & EFSA | Segregates Client Funds | Trust Rating: A |

CFD Trading involves high risk be careful with your investement

Regulated by ASIC, FCA, CySEC & EFSA | Segregates Client Funds | Trust Rating: A |

CFD Trading involves high risk be careful with your investement

This post is also available in: Deutsch Italiano

Table of Contents

Is ADMIRAL MARKETS one of the best Forex Brokers? We conducted an in-depth review in April 2020 to find out the answer and bring it to you!

Established in the year 2001 the Admiral Markets Group is today one of the leading online trading providers offering their services to retail clients around the globe.

The company’s head office is based in London, UK and their Australian subsidiary is located in Sydney.

The parent company, Admiral Markets AS, is located in Estonia.

�� Trading Platform MetaTrader
�� Head Office London. UK
�� Founded 2001
⭐ Reviews 7.2 – 8 Reviews trust Pilot
↔ Maximum Leverage 500:1
�� Execution Servers LD5, NY4
�� Broker Type ECN
�� Negative Protection No
�� Trading Options Forex, CFDs, Crypto
OUR RATING: 8.0
The overall raiting is based on review by our experts
�� Reliability: 8 / 10 �� Spread: 9 / 10
�� Offers: 6 / 10 �� Speed of Execution: 9 / 10
�� Customer Service: 8 / 10 �� Uptime: 8 / 10
Trading Conditions
Max Leverage: 500:1
Platform:
Min Deposit: $200
Spread: From 0.0 Pips
Cuts out Dealing Desk: Yes
Methods of deposit and offers
Deposit / Withdraw:
Welcome offer: n/a
Rebates Engine Forex: Coming soon!

SECURITY, MARGINS AND TECHNOLOGY

SECURITY AT ADMIRAL MARKETS

In Summary

  • ASIC & CySEC regulated
  • Licensed by the FCA & EFSA
  • High-level web security
  • No dealing-desk intervention

Admiral Markets Pty Ltd is a company registered in Australia, holds an Australian Financial Services License (AFSL) and is also licensed and regulated by the Australian Securities and Investment Commission (ASIC).

The company has a physical office in Sydney, is externally audited and guarantees that all client money is held safely in a segregated bank account and is never used for hedging or any other operational purposes. They go quite a long way to build trust and be transparent.

Admiral Markets Cyprus Ltd is registered in Cyprus with the company registration number 310328. Admiral Markets Cyprus Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13.

The sister company Admiral Markets UK is licensed and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and the parent company Admiral Markets AS is further licensed and regulated by the Estonian Financial Supervision Authority (EFSA).

Spreads Comparison

Admiral Markets
PEPPERSTONE
IC MARKETS
THINK MARKETS
Dukascopy

CHARGES AND MARGINS AT ADMIRAL MARKETS

In Summary

  • Spread mark-up or
  • Forex spreads from 0.0 pips
  • Up to 500:1 leverage
  • ECN type account option available

As is the case with all brokers, clients pay a spread on every non-equity CFD and commission on every equity CFD trade.

Admiral Markets offers three different account types that come with varying rules and settings in terms of commissions and margin requirements.

Both their Admiral.Markets and Admiral.MT5 accounts run without any commissions being charged – at least not if you think of a spread mark-up as a non-commission structure. As it is the case for all ‘commission free’ trading accounts, clients pay a fee in form of a spread mark-up which is at a competitive level with Admiral Markets.

Admiral Markets’ Admiral.Prime ECN account shows the raw inter-bank spreads received from liquidity providers and a commission fee of $7 per standard lot round turn applies when using this account option. This account type does only allow for currency pairs and spot metals to be traded but there are no additional fees charged to trading spot metal CFDs.

All margin requirements are further stated in detail on Admiral Markets’ homepage admiralmarkets.com.

TECHNOLOGY

In Summary

  • Solid trade execution
  • MT4 & MT5 platforms
  • NDD: ECN & STP
  • Mobile trading available

Admiral Markets is a pure MetaTrader broker offering MetaTrader 4 (MT4), MetaTrader 5 (MT5) and a special ‘Supreme Edition’ for both platform types. This Supreme Edition plug-in can be installed quickly and easily to both MT4 and MT5 and allows for an advanced MetaTrader experience. Included are multiple advanced functionalities and tools such as the latest Indicator Package, new trading widgets, real-time news-feeds, Tick Chart Trader, Trade Terminal and many more.

Both trading platforms can be accesses via the Webtrader (browser version) or downloaded as a desktop application for Mac and Windows computers.

A big plus for Admiral Markets are a set of volatility protection settings that help, for example, to protect from price gaps or widened spreads. The overall execution speed and order execution is of high quality, fast and reliable. The core structure is built for high trading frequency and low latency.

Mobile trading is available for all common Android and iOS devices, tables, iPhones or iPads. The mobile apps feature most functionalities that are available with the Webtrader as well.

Admiral Markets further provides a solid range of helpful market research tools as well as an analytics section.

Execution of Speed Comparison

ADMIRAL MARKETS
PEPPERSTONE
THINK MARKETS
IC MARKETS
Dukascopy

CUSTOMER SERVICE, TRADING OPTIONS AND SPECIAL FEATURES

CUSTOMER SERVICE AND CLIENTS

In Summary

  • 24/5 customer support
  • 4 account type options
  • Prime account option
  • Admiral Invest

Admiral Markets has clients in many regions around the globe and offers 24/5 customer support through Live Chat as well as an online help and FAQ section but you may also contact them via phone hotline or email.

Clients interested in Forex trading or CFDs can choose between three distinctly different account types upon sign-up: Admiral.Markets and Admiral.MT5 that both run without commissions and the Admiral.Prime ECN account that comes with a limited amount of financial products that can be traded, low spreads starting from 0.0 pips, for example on the popular EUR/USD Forex pair, and a commission fee of $7 per standard lot round turn.

Apart from a good selection of currency pairs and commodities, Admiral Markets also offers a very decent range of indices CFDs from around the globe to choose from, including the Australian S&P 200 Index, UK FTSE 100 Index, US E-mini S&P 500 and US DJIA Index.

In total more than 100 products, including currencies, cryptocurrencies, indices, commodities, shares and bonds can be traded with an Admiral Markets account.

The Admiral Invest account solution is aimed at retail investors looking to invest in stocks or ETFs. Retail clients have access to over 4,000 shares and 200 ETFs, whilst professional clients enjoy an additional selection of 300 ETFs. Minimum deposit start from $1 and commissions are as low as USD 0.01 per share/ETF certificate.

A demo account option is also available to test the CFD broker Admiral Markets to the core.

Admiral Markets further provides a large educational section with Forex and CFD webinars, seminars, articles and tutorials as well as a glossary and FAQ section.

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