Admiral Markets – Broker overview
|Minimum deposit||200 $|
|Regulation||ASIC, CySEC, FCA|
|Trading platform||MT4, MT5|
AdmiralMarkets.cz (also known as Admirals) is a forex broker that offers CFDs on stocks, indices, commodities, bonds and cryptocurrencies in addition to currency pairs. This company is licensed in Europe by the regulatory authorities CySEC and FCA. Admiral Markets automatically redirects Czech clients to the admiralmarkets.cz domain, which is regulated by the UK regulator FCA. However, you can also change the regulation to CySEC in the top menu, but the site is only in English (client protection is similar for both regulations, so it doesn’t change much). The minimum deposit for the broker is set at $200.
Disclaimer: 74-89% of retail investors’ accounts experience financial losses when trading difference contracts. You should consider whether you understand how difference contracts work and whether you can afford the high risk of losing your funds.
Admiral Markets -Trading Platform
Admiral Markets offers its clients a total of 2 trading platforms – MT4, MT5. Both platforms are very popular among traders and serve very well not only for opening and closing trades, but also for analyzing the markets. Both, MT4 and MT5 support automated trading systems (EAs). You can either trade with them directly from a web browser, or you can download the platforms to your computer or mobile device.
Admiral Markets – fees (spreads)
Just like any other CFD broker, Admiral Markets charges a spread fee. For the current value of this fee, please visit the Admiral Markets website. We have prepared a small comparison table here, where you can find the amount of Admiral Markets spread fees on popular currency pairs compared to 2 other popular CFD brokers.
Admiral Markets – Summary
Admiral Markets must adhere to the strict regulatory guidelines of the FCA. The broker offers a total of 3 trading platforms and a limited time free demo account. The range of assets on offer here is very nice, especially when it comes to stock CFDs. In fact, over 3,000 US and European titles are available here. The website is in English, but some parts are not translated, so here and there you will find English texts for which you definitely need a minimum knowledge of English. You can check out more reviews of Gulf Brokers Ltd here.
Advantages and disadvantages summary
- Educational support should be expanded
- Not the lowest minimum deposit
- Free demo account
- Regulated and licensed
- Over 800 instruments available
- Trading on MetaTrader5
- Responsive and reliable in communication
- Up-to-date and inspiring analytical coverage and blog