Overview of the Broker Admiral Markets
Let’s start by reviewing the company Admiral Markets, which raises doubts for many right from the very beginning. Its name makes everyone think. But we are not rushing to conclusions and suggest taking a closer look at this company.
Brief Information about Admiral Markets
Admiral Markets (officially known as Admiral Markets UK Ltd) has been operating in the market since 2001. It is part of the Admiral Markets Group AS, which also includes several subsidiary companies:
- Admiral Markets AS (Estonia, regulated by the Estonian Financial Supervision Authority),
- Admiral Markets PTY (Panama),
- Admiral Markets UK Ltd (United Kingdom),
- Admiral Markets Cyprus (Cyprus).
The broker Admiral Markets is under the control of the Financial Conduct Authority (FCA) with its main office in London, United Kingdom.
The company allows trading in currency pairs, CFDs, metals, indices, commodities, and cryptocurrencies. The official website admiralmarkets.com confirms the legality of Admiral Markets’ activities under license number 595450.
Official Admiral Markets Website
To learn more about the broker, it is worth visiting its official website. Here you will find a neutral design, user-friendly interface, and access to the “About Us” section to obtain information about the company.
There is also a section on the website with market analysis, a forex educational course, a traders’ glossary, as well as FAQs with common questions and answers. The website provides warnings about the risks of trading cryptocurrencies.
Support Service and Feedback
There is an online chat available on the website for technical support to address any questions. You can also leave your contact information for feedback.
Admiral Markets Trading Instruments
Clients are offered two main trading platforms: MetaTrader 4 and MetaTrader 5. Mobile trading applications for Google Play and the AppStore are also available.
The broker specializes in CFDs and offers various types of trading, including indices, stocks, currencies, metals, and cryptocurrencies.
Types of Accounts and Conditions
Admiral Markets offers three types of accounts: Standard, Prime, and MT5. The minimum deposit and trading conditions vary depending on the selected account.
Deposits and withdrawals are available through various methods, although withdrawals can only be made via bank transfer, which may be inconvenient for some clients.
Reviews and Reputation
According to reviews on review platforms, Admiral Markets’ reputation is not the best. Clients express negative opinions about the broker’s operations and recommend being cautious when choosing.
Conclusion
Despite certain advantages, Admiral Markets has some drawbacks that may affect the quality of customer service. We recommend paying attention to more favorable conditions offered by other brokers.
