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Admiral Markets
In this review, we delve into the operations of Admiral Markets, a CFD broker with a rich history dating back to 2001. Recently rebranded as Admirals in 2021, the company has established a strong reputation in the global financial market. Admiral Markets is regulated by several bodies including ASIC in Australia, FCA in the UK, and CySEC in Cyprus, among others. The company offers its traders a wide range of over 8000 CFD instruments spanning Forex, Indices, Commodities, Shares, ETFs, and Bonds. Traders can utilize platforms such as MetaTrader 4 and 5, a proprietary mobile platform, and the customized Supreme Edition of MetaTrader 4 and 5 which features additional tools for enhanced trading experience. Admiral Markets also provides a host of additional tools including Volatility Protection Settings, StereoTrader panel for MetaTrader, VPS service, and a Parallels license for Mac users. The company's website is a resource hub, providing educational materials, market updates, podcasts, and trading calculators. For traders based in Cyprus, Admiral Markets offers the convenience of a VISA card connected to the trading account and an Admiral Wallet app. With a minimum trade size of 0.01 and a maximum leverage of 500:1, Admiral Markets caters to a wide range of traders, from novices to seasoned professionals. Stay tuned to this review to gain insights from live trading experiences with this broker.
Established in 2001, Admiral Markets is a Contract for Difference (CFD) broker that has made a significant impact in the online trading world. This forex company has recently rebranded to Admirals, a change that signifies its continuous evolution in the financial markets.
Regulation and Safety
Admiral Markets is a regulated CFD broker, licensed by several reputable financial authorities worldwide. These include ASIC in Australia, FCA in the UK, CySEC in Cyprus, EFSA in Estonia, FSA-S in Seychelles, and JSC in Jordan. This extensive regulation ensures that the broker operates within strict guidelines, providing traders with a secure trading environment.
Trading Platforms and Tools
Admiral Markets offers a variety of trading platforms to cater to different traders' preferences. These include MetaTrader 4, MetaTrader 5, a proprietary platform for mobile devices, and the customized Supreme Edition MetaTrader 4 and 5. The Supreme Edition features additional tools such as Trading Central feed, sentiment, news, enhanced trading terminals, simulator, and an indicator package.
Moreover, the broker provides additional tools like Volatility Protection Settings, StereoTrader panel for MetaTrader, VPS service, and a Parallels license for Mac users. These tools can significantly enhance the trading experience by providing valuable market insights and facilitating efficient trading operations.
Trading Options and Conditions
With Admiral Markets, traders have access to over 8000 CFD instruments. These include Forex, Indices, Commodities, Shares, ETFs, and Bonds. The minimum trade size is 0.01, and the maximum leverage offered is 500:1. The minimum deposit required to open a live account is $100, making it accessible for traders with varying capital sizes.
Educational Resources and Support
Admiral Markets also prioritizes trader education. The broker's website features educational materials, market updates, a heat map, sentiment analysis, podcasts, and trading calculators. These resources can help both novice and experienced traders to enhance their trading knowledge and skills.
Pros and Cons
Admiral Markets stands out for its extensive regulation, wide range of trading options, advanced trading platforms, and comprehensive educational resources. However, the broker's services are not available in some countries, which may limit its accessibility for some traders.
Scammer or Not?
Given the broker's extensive regulation by multiple reputable financial authorities, it is safe to say that Admiral Markets is a legitimate broker and not a scam. However, traders are always advised to conduct their research before choosing a broker.
Safety Check
Admiral Markets has implemented various security measures to protect traders' funds and personal information. These include the use of secure servers and encryption technologies. The broker's regulation by multiple financial authorities also adds an extra layer of security.
FAQ
1. What is the minimum deposit required to open a live trading account with Admiral Markets?
The minimum deposit required to open a live trading account with Admiral Markets is $100.
2. What trading platforms does Admiral Markets offer?
Admiral Markets offers MetaTrader 4, MetaTrader 5, a proprietary platform for mobile devices, and the customized Supreme Edition MetaTrader 4 and 5.
3. Is Admiral Markets a regulated broker?
Yes, Admiral Markets is a regulated broker, licensed by ASIC, FCA, CySEC, EFSA, FSA-S, and JSC.
For more information about Admiral Markets or to share your own trading experiences with this broker, please visit forexroboteasy.com. This review is an independent analysis of the broker and does not represent the views or experiences of any specific individual or organization.
forexroboteasy.com
1 review
Starting one's journey into forex trading can be daunting, and it was no different for me. However, Admiral Markets turned this overwhelming experience into a smooth and profitable one. Unlike many other forex brokers I had initially considered, they didn't use aggressive strategies or pressure me to deposit money. Quite the contrary; they welcomed me into forex trading in a manner reminiscent of a mentor rather than a salesperson. My very first real-money trading deposit was a modest sum of 1000 EUR. Pushing aside anxiety, I ventured into a realm of low-risk trades, guided by the wisdom of Nenad Kerzeks, one of their strategic analysts. His illuminating weekly webinars served as my compass in this unfamiliar landscape. His direction and insights were invaluable, making me feel confident and well-prepared each trading week. Beyond the helpful webinars, Admiral Markets excelled in providing phenomenal educational content on their YouTube channel. The knowledge I gained from their tutorials was instrumental to my initial success. A mere month of trading resulted in an encouraging 80 EUR profit from only a handful of trades. The cherry on top was their prompt payout system. There was no hanging around; the very next day, the fruits of my success landed in my bank account, uncomplicated and effortless. My journey with Admiral Markets, however, didn't end with that. As I continue to hone my trading skills, their free webinars remain indispensable. My next milestone involves completing their "Price Action Trading School". For anyone seeking a reputable and reliable forex broker experience, Admiral Markets is undoubtedly a brilliant choice. Their commitment to their traders' education and success is what sets them apart in the competitive world of forex trading. Cheers to many more profitable trades in the future!