Admirals

Document
ActivTrades Logo

Admirals (Admiral Markets) Review 2023

Written by: Réka H. Updated:Dec 2022
Expert verified
Recommended for
  • Investors and traders globally /
Trusted broker
Regulated by top-tier financial authorities
Popularity
3,739 people chose this broker in the last 6 months
BrokerChooser Score
4.7/5

Admirals 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.

Is Admirals a legit broker?

See how Admirals (Admiral Markets) is regulated and whether you should have any concerns using it.

Admirals (Admiral Markets) is available in Pakistan

 80% of retail CFD accounts lose money 

 

ActivTrades pros and cons

Pros

Cons

ActivTrades 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

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.

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.

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.

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 It is highly customizable and has a clear fee report, but its design is outdated and it lacks a two-step login and price alerts.

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.

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.

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.

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.

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.

Education

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

Safety

4.4
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.