Admiral Markets offers supreme add-ons, premium analytics, and an advanced MetaTrader experience. For Forex and CFD traders, Admiral Markets is considered an authority in the field due to its investment education and advanced features like the Supreme add-on and market research.
- Admiral Markets, a two-tier-1 and two-tier-2 regulated broker, has been a safe option for forex and CFD trading since it was founded in 2001.
- Admiral Markets excels thanks to features such as more trading tools and in-depth research, all of which are absent from other MetaTrader-only brokers. For instance, clients who sign on for Premium Analytics get Dow Jones News, Acuity Trading, and Trading Central.
- There’s a lot of things to say about Admiral Markets being named the best forex broker for beginners in 2020. But, to quickly sum it up, their effort in putting out trading educational content made a difference.
Is Admiral Market Trusted?
Admiral Markets, which has an overall Trust Score of 83 out of 99, is classified as a medium-risk provider. Admiral Markets, a broker, does not have publicly traded stocks or a bank. Admiral Markets has been approved by both tier-1 and tier-2 regulators (trust levels at an all-time high), as well as no tier-3 regulators (trust levels still climbing) (low trust). Admiral Markets is regulated by both the Australian Securities & Investment Commission (ASIC) and Financial Conduct Authority (FCA). Devise what Trust Score is.
Admiral Market Offering Cryptocurrency Trading
Trading in cryptocurrency is possible through the use of CFDs, though buying the cryptocurrency is not possible (e.g. buying Bitcoin). Crypto CFDs are not available to retail traders in the UK, not through any broker’s UK entity, and neither can UK residents buy them.
Fee and Rates
Admiral Markets offers four account types, each with its fee structure and a selection of products to trade. When determining total trading cost, including spreads and fees, all account types share similar price ranges of 0.6 pips to 0.7 pips (referencing September 2019 data).
- Here are the highlights of the Admiral Markets accounts: If you like to trade the most number of assets, the Admiral Markets MT5 account (also known as MT5 Invest for exchange-traded stocks) is the account for you. Those focused on just trading forex might prefer the Admiral Prime MT4 account. In the Admiral Prime account, the spreads and commissions are the least expensive, but the trading symbol range is tiny in comparison.
- Admiral Markets maintains that it does not utilize a dealing desk and does not take on any risk internally when operating an agency execution model. Admiral Markets is a broker that represents its clients in trading to a liquidity provider within its parent company (that is much like to how Saxo Capital Markets UK routes consumer alternate requests totally to Saxo Bank in Denmark).
Tools and Platforms
Admiral Markets is a broker for MetaTrader software. Admiral Markets stands proud in MetaTrader service due to its MetaTrader Supreme, that’s a suite of 12 expert advisors and 20 custom indicators and is available for both MT4 and MT5
For those using the Supreme service, some of the useful additions include the ability to see news events in the form of tiny color-coded alarm bells on the chart. Additional features include candle countdown timers and a widget that shows markets in the United States, United Kingdom, and Canada. Lastly, we’ve got Trading Central.
Admiral Markets has a simply unique series of volatility safety tools. Control inherent risks of agency execution with tools that help combat slippage and gaps in the market. There is no doubt that these tools will provide skilled traders with excellent enhancements, thus earning Admiral Markets the award for Best MetaTrader Broker in 2020.