Admiral markets forex review

Admiral markets forex review

Author: nalimka Date: 20.06.2017

MetaTrader enthusiasts choose Admiral Markets for its premium features, including platform add-ons and research, while beginners who need some handholding might be disappointed with the limited customer service.

Admiral Markets Group was founded in , 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. Primarily a MetaTrader forex broker offering the suite of platforms from MetaQuotes Software corporation, Admiral Markets focuses on instruments, including 55 forex pairs and 90 CFDs.

It also offers premium features such as its MT4 Supreme add-on, together with volatility protection tools. Admiral Markets offers three account types with a range of fees and products to trade. However, when calculating the all-in cost to trade, including spreads plus any commission, the fees are similar across all three accounts offered. For example, at roughly 0. Admiral Markets provides agency execution across all account types and does not operate a dealing desk or take in-house risk.

Instead, it routes your orders to its sole liquidity provider — its parent company, Admiral Markets AS, similar to the way in which Saxo Capital Markets UK routes orders solely to Saxo Bank in Denmark. When it comes to commissions, the all-in cost is nearly the same across all three account types and platforms and is comparable to other MetaTrader forex brokers such as FxPro, FXOpen, and Pepperstone, which also offer MT4 with agency execution no dealing desk.

Admiral Markets has considerable room for improving its customer service, as our initial experience with live chat and phone support revealed. The first flaw is that Admiral Markets does not inform new registrants who their account manager is.

They also fail to relay that live chat support will be limited, because most customer service inquiries are directed to their account manager. These are simple issues Admiral Markets must address if it wants to improve its customer experience.

Admiral Markets provides a very good range of useful market research that is grouped neatly across several categories, including its analytics section. This makes it easy for traders to find what they need, compared to firms that may have poorly organized broader research content.

It was easy to switch between research tools and areas such as market heat maps, fundamental and technical analysis content sections, Elliot Wave Analysis, and multiple sentiment tools.

admiral markets forex review

All in all, Admiral Markets has done a great job going beyond the standard news section found in MT4 by adding additional research on its website and trading tools that help boost its research offering. Admiral Markets is predominantly a MetaTrader broker, which means traders can choose from the suite of popular retail trading platforms for which MetaQuotes Software Corp is known.

Admiral Markets Forex Review, Rating, News and Promotions

This includes the MetaTrader4 MT4 and MetaTrader5 MT5 platforms, which support automated trading systems. While MT4 desktop and mobile come standard, Admiral Markets also offers MT4 web, which is a nice addition for customers. While MetaTrader4 comes standard, with little that varies from broker to broker on the surface of the platform, there can be significant differences in how the platform is set up when it comes to pricing, execution method, and other administrative areas that can affect your trading experience.

Admiral Markets Review - Trade Forex with a $10 Min Deposit

This premium offering consists of 12 Expert Advisors EAs as well as 20 custom indicators branded by Admiral Markets that are designed to enhance your MT4 experience. Some of the useful add-ons include showing news events plotted as small color-coded alarm bells on the chart, for both historical and upcoming news events. There are also other subtle tools such as a candle countdown timer or spread widget. Without question, the volatility protection tools are a big plus for a broker that offers only agency execution.

Admiral Markets also provides a unique set of volatility protection tools to help you control inherent risks associated with agency execution, including slippage and market gap scenarios, and are welcome features traders will appreciate. Overall, Admiral Markets has done a great job at enhancing the typical MT4 user experience with add-ons such as MT4 Supreme. Depending on the account type you open at Admiral Markets, either the MT4 or MT5 apps are compatible and available straight from MetaQuotes Software Corporation.

Android and iOS devices are fully supported and come standard out of the box. That said, unlike desktop, which can include additional add-ons to other platforms to enhance the overall experience, mobile apps are standardized. As a result, scoring for this category matches that of other MetaTrader-only brokers.

It is also passported throughout Europe under MiFID regulation. Here are their current year execution statistics:. Admiral Markets can be a good choice for MetaTrader enthusiasts looking for the entire suite of platforms from the developer. This includes the enhanced add-ons in the MT4 Supreme package and access to a good range of forex and CFDs from an agency broker. That said, the one primary caveat to keep in mind is the confusing and weak customer service.

For our Forex Broker Review we assessed, rated, and ranked 20 international forex brokers. Each FX broker was graded on variables. There is a very high degree of risk involved in trading securities. With respect to foreign exchange trading, 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 currency pair. 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.

Admiral Markets Forex Broker, Admiral Markets Review, Admiral Markets Information

Reviewed by Steven Hatzakis Steven Hatzakis is the Global Director of Research for ForexBrokers. Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry. Over the past 18 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.

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Popular FX Brokers IG Saxo Bank CMC Markets Dukascopy Forex. Popular MetaTrader Brokers FxPro XTB Pepperstone. ADS Securities Admiral Markets CMC Markets City Index Dukascopy FXCM FXOpen Forex.

Likes Regulated in two major jurisdictions Premium MT4 add-ons Volatility protection tools Good range of research content. Dislikes Customer service limited to account manager Poor live chat and phone support Narrow range of instruments on MT5. Best in Class 18 Overall.

Compare Admiral Markets Find out how Admiral Markets stacks up against other brokers. Admiral Markets vs ADS Securities Admiral Markets vs CMC Markets Admiral Markets vs City Index Admiral Markets vs Dukascopy Admiral Markets vs FXCM Admiral Markets vs FXOpen Admiral Markets vs Forex.

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