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Admirals (Admiral Markets) Logo
Written by: Réka H. Updated: Dec 2022
Expert verified
Recommended for
  • Investors and traders globally
Trusted broker
Regulated by top-tier financial authorities
Popularity
2,850 people chose this broker in the last 6 months
BrokerChooser Score
4.7/5

Admirals (Admiral Markets) review summary

Admirals is a global forex and CFD broker, which is regulated by several authorities, including the top-tier FCA and ASIC. Admirals charges low forex CFD fees. Deposit and withdrawal are fast and mostly free, and multiple options are available including credit/debit cards and electronic wallets. Account opening is also fast and user-friendly. On the flip side, the broker has a limited product portfolio as it mostly offers CFDs; although real stocks and ETFs are also available for some clients. Customer support is not available 24/7, and there is also an inactivity fee. BrokerChooser gave Admirals (Admiral Markets) a 4.7/5 rating based on analyzing 500+ criteria and testing via opening a live account.

Admirals (Admiral Markets) is a regulated broker, it is overseen by top-tier financial regulators in multiple countries . Admirals (Admiral Markets) is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at Admirals (Admiral Markets) if you live in United States. See the best alternative available in your country.

Admirals (Admiral Markets) pros and cons

Pros Cons
Low forex CFD fees Product portfolio limited mostly to CFDs
Free and fast deposit and withdrawal Inactivity fee
Straightforward account opening No 24/7 customer service

Admirals (Admiral Markets) main highlights

🗺️ Country of regulation UK, Cyprus, Australia, Estonia, Jordan
💰 Trading fees class Low
💰 Inactivity fee charged Yes
💰 Withdrawal fee amount $0
💰 Minimum deposit $100
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Available
💱 Number of base currencies supported 10
🎮 Demo account provided Yes
🛍️ Products offered Stock, ETF, Forex, CFD, Crypto
To read much more details about the broker's services and features, expand on the sections below.

Admirals (Admiral Markets) review
Fees

3.9
Admirals (Admiral Markets) has low trading fees, especially when it comes to forex. On the negative side, it charges an inactivity fee.
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Admirals (Admiral Markets) review
Account opening

5.0
The account opening and verification process is fast and fully digital. The minimum deposit is $100, which is definitely not excessive.
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Admirals (Admiral Markets) review
Deposit and withdrawal

5.0
Admirals charges no deposit or withdrawal fees. You can use cards, bank transfer or e-wallets for deposit and withdrawal, but some e-wallet options aren't available for all clients.
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Admirals (Admiral Markets) review
Web trading platform

2.8
Admirals uses the MetaTrader web trading platform. It is highly customizable and has a clear fee report, but its design is outdated and it lacks a two-step login and price alerts.
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Admirals (Admiral Markets) review
Mobile trading platform

3.8
The mobile trading app is well designed and user-friendly, with a good search function and safe login. However, price alerts and some account types are not supported.
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Admirals (Admiral Markets) review
Desktop trading platform

3.4
In design and functionality, the MetaTrader 4 desktop platform offered by Admirals is almost the same as the web platform. One major difference is that you can set price alerts.
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Admirals (Admiral Markets) review
Markets and products

4.1
For most users, Admirals (Admiral Markets) mainly provides forex, CFD and cryptos. For those using the Invest.MT5 account type, it offers real stocks and ETFs as well.
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Admirals (Admiral Markets) review
Research

4.5
You can use the research tools of the MT platform, which are not the greatest. As a plus, though, Admirals offers great alternative web tools like a forex calendar and market news.
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Admirals (Admiral Markets) review
Customer service

5.0
Admirals customer service is available via several channels and is generally good quality. It provides helpful answers, although response times could be improved.
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Admirals (Admiral Markets) review
Education

5.0
Admirals (Admiral Markets) provides quality educational texts, webinars and videos, while a demo account is also available.
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Admirals (Admiral Markets) review
Safety

Admirals is regulated by several financial authorities, including the FCA, the ASIC and CySEC. It also provides negative balance protection. However, it doesn't hold a banking license.
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Admirals (Admiral Markets) review
Bottom line

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Admirals (Admiral Markets) review
FAQ

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Author of this review

Réka Hidas

Author of this review

Réka attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Réka Hidas

Junior Broker Analyst

Réka attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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81% of retail CFD accounts lose money

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