Admiral Markets is another very good Broker in which you can do Forex Trading, it is certainly one of the safest in which you can operate in the market and to back that up what I have to mention are the licenses that this company has by various competent bodies internationally.
Admiral Markets (UK) Ltd. is regulated and authorised by the Financial Conduct Authority “FCA” under registration number 595450, it is also registered in the Official Mercantile Register of England and Wales (Companies´House) with registration number 08171762.
Another of the regulations of this Broker is in Cyprus under the name Admiral Markets Cyprus Ltd, with the registration number of the company 310328 in the Department of Registration of Companies and Official Receiver, in turn under the same name are regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13.
Certainly this Broker is very good however when it comes to spreads and the fact of being cheap to trade Forex I recommend a little more to the Broker FXTM, more information about this here “Broker FXTM to trade Forex“, the spreads and account types are better than those of Admiral Markets and you will notice that when you create a user in such Broker.
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Admiral Markets Account Types
This Broker separates his accounts in retail and professional clients, from a personal point of view it is good that they do it however it is a little discriminatory since the professional clients have more advantages than the retailers in their accounts and my opinion is that all equally should enjoy the same advantages, I will only mention some characteristics since they are very long:
Meta Trader 5 accounts:
Admiral Markets MT5
This account requires a minimum deposit of 200 EUR/ USD/ GBP/ CHF, the maximum leverage is 1:30 for retail clients and for professionals is up to 1:500, spreads are variable and range from 0.5 pips, the minimum lot size per transaction is 0.01, the maximum lot size is 100, the maximum open and pending orders is 500, the stop out is 30% for professional clients and 50% for retail clients. The assets available in this account for retail and professional customers are:
- Currency: 36
- CFDs on Criptomoney: 32
- Metals CFDs (spot): 5
- Energy CFDs (spot): 3
- Spot CFDs on agricultural products: 7
- Index futures CFDs: 4
- CFDs Cash Index: 16
- Stock CFDs: over 3000
- ETF CFDs: over 300
- Bond CFDs: 2
Admiral.Invest
This account requires a minimum deposit of 500 EUR/ USD/ GBP/ CHF, has no leverage for retail clients or for professionals, spreads are variable and range from 0.0 pips, this account is exclusive for Stock Trading, for retail and professional clients the available instruments are:
- Actions – more than 4000,
- ETFs – over 200 for retail customers and over 500 for professional customers
Meta Trader 4 Accounts
Admiral.Markets
This account requires a minimum deposit of 200 EUR/ USD/ GBP/ CHF, the maximum leverage is 1:30 for retail clients and for professionals is up to 1:500, spreads are variable and range from 0.5 pips, the minimum lot size per transaction is 0.01, the maximum lot size is 100, the maximum open and pending orders is 200, the stop out is 30% for professional clients and 50% for retail clients. The assets available in this account for retail and professional customers are:
- Currency: 36
- CFDs on Criptomedas: 5
- Metals CFDs (spot): 4
- Energy CFDs (spot): 3
- Index futures CFDs: 4
- CFDs Cash Index: 16
- Stock CFDs: 64
- Bond CFDs: 2
Admiral.Prime
This account requires a minimum deposit of 1,000 EUR/ USD/ GBP/ CHF, the maximum leverage is 1:30 for retail clients and for professionals is up to 1:500, spreads are variable and range from 0.0 pips, the minimum lot size per transaction is 0.01, the maximum lot size is 200, the maximum open and pending orders is 200, the stop out is 50% for professional clients and 50% for retail clients. The assets available in this account for retail and professional customers are:
- Currency: 45
- Metals CFDs (spot): 3
What trading platforms are available?
As you should have noticed, the accounts offered by Admiral Markets are ordered by trading platforms, there are two accounts for MT4 and two more for MT5, obviously both MT4 and MT5 are the platforms offered by this Broker for their clients to trade and there are also downloadable versions for Android and Apple Smartphones from the respective official stores, this way you can even invest in the market from your cell phone.
Customer training
This Broker offers training materials so that its clients learn more about the market, in case you don’t know about it when you have an account with this Broker you can access those materials and webinars in real time that Admiral Markets does.
Admiral Markets is not the only one that offers this because the other Broker I recommend which is Forex Time (FXTM) also offers the same and their account types are better than the ones you will find in Admiral Markets.
