General Information & Regulation of Admiral Markets
Admiral Market is an online trading service provider, established in 2001, providing investment services for forex and indices, precious metals, energies, stocks, bonds, and digital currency CFD trading. Admiral Markets Pty Ltd (ABN 63 151 613 839) (“Admiral Markets”) holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no. 410681.Admiral Markets Pty Ltd is fully owned by Admiral Markets Group AS holding company. Admiral Markets UK Ltd holds a license from FCA in teh UK, with regulatory license number 595450, and Admiral Markets Cyprus Ltd is authorized and regulated by CySEC in the Cyprus under license number 201/13.
Market Instruments of Admiral Markets
Admiral Markets provides popular trading products on the global financial market, including Forex, Indices, Stocks, Commodities, Bonds, ETFs, etc. The forex market provides more than 40 pairs of currency CFDs, including forex direct trading, forex cross trading, and other rare currency pairs. Commodities can trade CFDs on hundreds of barrels of oil and dozens of pounds of gold. Featured bond products include 10-year US Treasury bond futures CFD and German bond futures CFD.
Minimum Deposit of Admiral Markets
Account types vary depending on trading platform. The minimum deposit to start a live account, that is Invest. MT5 account, is 1 AUD/EUR/GBP/USD. Actually, it is the reasonable amount for new traders to get started.
Leverage of Admiral Markets
Admiral Markets offers a flexible trading leverage mechnism. Retail traders only can choose pretty conservative leverage ratio, from 1:20 to 1:30, while wholesale clinet can enjoy a significant increase in leverage ratio, which is up to 1:500. Please keep in mind that leverage may magnify returns but also risks.
Spread & Commissions of Admiral Markets
Trade MT5 account spreads start at 0.5, handling fees for single stocks and ETF CFDs-starting at $0.01 per share, no commission; Zero MT5 account spreads starting at 0, forex and precious metals-$1.8 to $3.0 per 1.0 lot, cash index-0.05 per 1.0 lot To $3.0, energy-$1 per 1.0 lot. Trade.MT4 spreads from 0.5, single stocks and ETF CFDs-from 0.01 USD per share, no commission; Zero.MT4 spreads from 0, forex and precious metals-1.8 to 3.0 USD per 1.0 lot, cash index-0.05 to 3.0 per 1.0 lot USD, energy-1 USD per 1.0 lot.
Trading Platforms
Admiral Markets has teamed up with MetaQuotes, the company behind the MetaTrader4 & 5 trading platforms. On top of MT4 and MT5, traders can also use the MetaTrader Supreme Edition and MetaTrader WebTrader.
Deposit & Withdrawal of Admiral Markets
Admiral Markets welcomes its clients to fund their accounts through the following payment methods:
Wire transfer (AUD/GBP/EUR/CHF/RUB/USD, no charge fees, no maximum and minimum amount restrictions, processing within 1-3 working days.)
Visa & MasterCard (AUD/GBP/EUR/CHF/USD, no charge fees, the minimum amount 75 AUD/50 USD/EUR/GBP/CHF, and the maximum 7500 AUD/5000 USD/EUR/GBP/ CHF, instant arrival)
UnionPay ( RMB accepted, no handling fee, minimum deposit of 100 CNY, the maximum of 2000000 CNY, one working day to arrive)
Skrill ( in AUD/USD/EUR/SGD, no handling fee, the minimum amount is 75 AUD/50USD/EUR/80 SGD, the maximum amount of 15000 AUD/10,000 USD/EUR/16000 SGD, instant arrival)
Withdrawal methods must be same as the deposit methods, with two free withdrawals per month, and the processing time is 1-3 working days. UnionPay cards accept RMB, with two free withdrawals per month, the minimum amount is 200 yuan, the maximum amount is 200,000 yuan, and the processing time is 1-3 working days. Skrill, currencies accepted are AUD/USD/EUR/SGD, with two free withdrawals per month, the minimum amount is 1 AUD/USD/EUR/SGD, and the maximum amount is 15000 AUDdollars / 10000 USD / 10000 Euros / 16000 SGD, instant payment. Neteller, the accepted currencies are AUD/USD/EUR/GBP/JPY/SGD/BRL/MXN,Free withdrawals are made 2 times a month, and it will be received instantly.
Trading Hours
Admiral Markets follow standard market trading hours. Specific opening and closing hours depend on the instrument traded but usually run from Monday to Friday, although cryptocurrency is traded in decent volumes over the weekend. The Admiral Markets Group does run a reduced schedule during certain bank holidays. Changes to trading hours, including respective time zones, are published on the brokers website
