Admiral Markets Forex Broker Review – Currently NOT VERIFIED
- Licence:
- FCA
- 595450
- Licence:
- CySEC
- 201/13
- Licence:
- ASIC
- 410681
- WebTrader, MT4 and MT5
- Company: Admiral Markets UK Ltd
- Founded: 2001
- Headquarters: United Kingdom
- Phone: +35722222046
- Email: global@admiralmarkets.com
Having become a popular starting place for many forex brokers, Admiral Markets offers a forex brokerage that can do most of the things you require. It has become a premium choice for many people who enjoy the sheer variety of features includes, such as access to its high quality education features and its more advanced brokerage tools. Is Admiral Markets the right choice for you, though?
Admiral Markets Forex Broker History
For one, the broker has been around for a long time now. Formed in 2001, Admiral Markets was founded over two decades ago. This makes it an excellent starting place for anyone who is looking for a platform they can feel safe working with. The platform has also become a popular choice for those who are new to forex trading because their reputation for elite educational tools has made them a fine starting place for newbies.
However, veterans have also come to rate Admiral Markets for the number of advanced features and analytics that it offers. In short, Admiral Markets has become a good choice over the years for both those who are new to trading and those who have used it for many years.
Bonus Offers and Promotions
At the moment, the bonus offers and promotions being offered vary from user to user. At the time of writing, there are not many promotions being provided by Admiral Markets. However, you can feel comfortable that you will be offered various promotions over time to get you back to using the system as time goes on.
Given that Admiral Markets charged an inactivity fee, too, there are sometimes promotions provided to try and draw you back to the platform if you have not been active for a period of time, though these are somewhat rare.
Regulations
In terms of regulation, you can feel comfortable working with Admiral Markets because it has regulation in two Tier-1 and two Tier-2 jurisdictions. That is a very good thing to know, as landing multiple regulatory approvals in the locations that it does shows a sign of longevity and trustworthiness. It has become a good choice for most people who want to get into forex and CFD trading as it has a long history of being around, and it has a long history of being regulated within high quality areas with stringent regulation.
The likes of the Financial Conduct Authority and the Australian Securities & Investment Commission provide regulation to Admiral Markets. That can give you a lot of confidence that this is a secure platform to use for any forex trading that you happen to have in mind.
Platforms Offered
Like most of the best platforms today, Admiral Markets offers the chance to use the hugely popular MetaTrader platform. This has become the starting place for just about anyone who wants to get into forex trading. You get access to both MT4 and MT5 as part of their MetaTrader Supreme solution. This gives you a total offering of 12 different expert advisory suites that you can use, too, giving you more power and control than you would normally expect from something like this.
The platforms offered also vary when you look at the more advanced tools that are provided. You do also get access to Trading Central which is a very impressive and reliable platform. Overall, you should get a lot of solutions to work with. This is a system that does not really hold back when it comes to giving you tools to use, and with both MT4 and MT5 you should be able to get comfortable with using Admiral Markets regardless of the system you are used to working with.
Like any good forex broker, you get a lot of useful educational tips and tools that you could use when you are working with their MetaTrader platforms provided.
Education and Support
In terms of education and support, Admiral Markets is rated among the best trading platforms when you need some customer support. The investor education that you can get from here is excellent. Videos cover everything from how to use the site to advanced terminologies, as well as detailed and thorough education as you move through each phase of the training.
In short, their education and training make it much easier for you to get into forex trading. If you are 100% new to this, then you should definitely give Admiral Markets a try for the education alone.
In terms of customer support, too, you can look forward to getting a lot of help form their team. Average connection time to get support can be as little as under one minute, and you can normally get a solution to a problem on the day. While we cannot speak for every single customer service provider at Admiral Markets, our own personal interactions have been professional and personable, with solutions always provided.
Withdrawal and Deposits
Withdrawing and depositing money is pretty easy with Admiral Markets. However, with minimum deposits of just £100, you also get one of the fairest and easiest to work with rates. Many comparative platforms have a much higher minimum deposit amount.
That minimum deposit is a nice touch, as is the fact that your funds can be taken out of your account without much fuss. Money moves fast from A to B, too, so you should have no issue in withdrawing your cash. You have many options for getting your money in and out, too, which makes Admiral Markets even easier to use for those who need fast action.
Verdict
Overall, we would have to say that Admiral Markets is a good starting place for any newbies into the industry. At the same time, though, you scan find it has enough advanced features and analytical tools to get things moving for an experienced forex pro.
This is a strong platform, and the cons really are outweighed by the numerous pros. A good, reliable choice that should absolutely be on your list of options to try out if you are looking for a reliable, proven broker. With over two decades in operation, you can trust this as a place that you can do your work from.