Our Admiral Markets Summary
Admiral Markets is a global CFD and forex broker founded in 2001. It is regulated by several tier 1 jurisdictions.
Forex and CFD traders choose Admiral Markets for its excellent investor education and advanced MetaTrader features, including the Supreme add-on and market research via Premium Analytics.
What is Admiral Markets?
Here are our top findings on Admiral Markets:
Founded in 2001, Admiral Markets is regulated in two tier-1 jurisdictions and two tier-2 jurisdictions, making it a safe broker (average-risk) for forex and CFDs trading.
Thanks to additional trading tools and robust research, Admiral Markets stands out when compared to other MetaTrader-only brokers who offer little to no features beyond the default layout. For example, with Premium Analytics, customers can access Dow Jones News, Acuity Trading, and Trading Central.
As an additional benefit to less-experienced traders, Admiral Markets finished among the best forex brokers for beginners in 2021, thanks to an industry-leading offering of educational content on its website.
Is Admiral Markets Safe?
Admiral Markets is considered average-risk, with an overall Trust Score of 83 out of 99. Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC).
Offering of Investments
The following table summarises the different investment products available to Admiral Markets clients.
Cryptocurrency: Cryptocurrency trading is available through CFDs, but not available through trading the underlying asset (e.g. buying Bitcoin). Note: Crypto CFDs are not available to retail traders from any broker's UK entity, nor to UK residents.
Commissions and Fees
Admiral Markets offers four account types with a range of fees and products
to trade. When calculating the all-in cost to trade, including spreads plus any
commission, pricing is similar across all account types, with ranges from 0.6
pips to 0.7 pips (referencing September 2019 data).
Account differences: The Admiral Markets MT5 account (or MT5 Invest for
exchange-traded stocks) provides the broadest number of symbols to trade,
whereas those focused on just on forex may gravitate to the Admiral Prime
MT4 account. The lowest all-in cost (spreads plus any commission) are found
in the Admiral Prime account, which unfortunately has a drastically smaller
range of tradeable symbols.
No dealing desk: Admiral Markets states that it provides agency execution
across all account types and does not operate a dealing desk or take risk
internally. Admiral Markets acts as an agency broker by routing client orders to its parent company, Admiral Markets AS, which is its sole liquidity provider for all its group companies (this is similar to how Saxo Capital Markets UK routes client trade requests solely to Saxo Bank in Denmark).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Platforms and Tools
Admiral Markets is a MetaTrader broker. When comparing MetaTrader offerings, Admiral Markets stands out thanks to its MetaTrader Supreme offering (available for MT4 and MT5), which consists of a suite of 12 expert advisors and 20 custom indicators.
Some of the useful add-ons provided through the Supreme offering include showing news events plotted as small colour-coded alarm bells on the chart. There are also other subtle tools, such as a candle countdown timer and a spread widget. Lastly, Trading Central is also available.
Advanced tools: Admiral Markets also offers a unique set of volatility protection tools. These tools can help you control inherent risks associated with agency execution, including slippage and market gap scenarios. No question, these tools are excellent enhancements for skilled traders, and why Admiral Markets won the award for Best MetaTrader Broker in 2021.
Unlike most MetaTrader brokers, Admiral Markets provides a good range of research tools and resources across its website and trading platforms. Thanks to neatly-organised content on its website, traders can quickly and easily find what they want in one place.
Education: Admiral Markets was our number one broker for Education finishing Best in Class in 2020, thanks to its comprehensive educational content and courses. The broker also finished Best in Class in the Beginners category.
Premium Analytics: Through Admiral Markets Premium Analytics (free for customers), traders gain access to a Dow Jones News calendar, Trading Central signals, and sentiment widgets from Acuity Trading. Other tools include heat maps, fundamental and technical analysis content, and Elliot Wave Analysis.
Depending on the account type you open at Admiral Markets, either the MT4 or MT5 app comes standard, available for both Android and iOS. Unfortunately, the unique add ons provided with the desktop platform do not translate to mobile. As a result, scoring for this category matches that of other MetaTrader-only brokers.
To score Customer Service, SafenetTrading.com partnered with a customer experience research group to conduct phone tests from locations throughout the UK. For our 2022 Review, 330 customer service tests were conducted over four weeks.
Average Connection Time: <1 minute
Average Net Promoter Score: 7.1 / 10
Average Professionalism Score: 8.2 / 10
Overall Score: 7.91 / 10
Ranking: 8th (32 brokers)
Admiral Markets can be the right choice for MetaTrader enthusiasts looking for the entire MetaTrader platform suite, and numerous add-ons and trading tools. In addition to finishing first place for Education, Admiral Markets was our number one Best in Class MetaTrader broker in 2020, out of all MetaTrader brokers. Admiral Markets offers a competitive range of tradeable products and numerous additional tools for trading and research not often found in MetaTrader-only brokers.