Admirals (Admiral Markets)

Admirals is an international broker also based in Poland. The company has been operating in the Contracts for Difference (CFD) and Forex markets since 2001. It originates from Estonia and is listed on the Swedish stock exchange, Nasdaq Nordic.

The company is regulated in five independent jurisdictions . It is registered in the UK and authorised by the FCA as Admiral Markets UK Ltd under license number 595450. In Cyprus, it operates as Admiral Markets Cyprus Ltd and is authorised by the CySEC under license number 201/13. It also has three registered offices in Australia (Admirals AU Pty Ltd, license number 410681), Jordan (Admiral Markets AS Jordan Ltd, license number 57026), and South Africa (Admiral SA (Pty) Ltd, license number FSP51311). All of these companies form Admirals Group AS, a publicly listed company.

Until recently, the broker used the Admiral Markets brand, but in 2021 it was rebranded to Admirals.

Contents:

• Offer
  • Forex
  • Goods
  • Indexes
  • Shares
  • Cryptocurrencies
  • Bonds
  • ETFs
• Admirals Accounts
  • MetaTrader 5 Accounts
  • MetaTrader 4 Accounts
• Demo account
• Trading platforms
• Costs and commissions
• Opinions about Admirals
• FAQ

Admirals Offer

Admirals’ CFD offering includes a wide selection of currency pairs, cryptocurrencies, stocks, stock indices, bonds, and commodities. Admirals also offers trading in real shares and ETFs from around the world. Polish clients are affiliated with a company registered in Cyprus, providing negative balance protection, leverage of up to 30:1 on selected instruments, and access to a guarantee fund .

The minimum deposit at Admirals is €100 , and spreads start from 0 pips. The broker claims that 90% of its orders are executed within 150 milliseconds, and there are no limitations on the choice of strategies and investment styles.

Admirals complements its offer with fractional shares, an asset management service in cooperation with Finexware and copy trading , available from the Investor’s Room for logged-in broker users.

Forex

Admirals offers 50 different instruments, including 5 majors, 23 minors, and 22 exotic pairs . The list also includes currency pairs involving the Polish zloty, including EUR/PLN, GBP/PLN, and USD/PLN.

Each instrument has its own detailed page where you can see its price chart, the current buy and sell price, as well as data on the specifics of a given contract depending on the platform and account the trader is trading on.

Sample instrument specification on the Admirals platform for EUR/PLN. Source: Admirals

Goods

Admirals offers 28 commodity CFDs, including 11 futures assets, 6 metals, 4 energy commodities, and 7 agricultural commodities . These include the most popular commodities, such as Brent and WTI crude oil, gold, and silver, as well as less popular commodities, such as orange juice, cotton, and cocoa.

Indexes

Admirals provides access to 42 stock indices from around the world : 19 cash and 23 futures. Investors can trade the largest indices from the most popular jurisdictions, including the DAX 40, Dow Jones, Nikkei 225, Nasdaq 100, S&P 500, and so on.

Fees for index CFDs will vary depending on the region and currency they are denominated in, similar to the stock market. The commission and fee structure is discussed below.

Admirals shares

Admirals clients can access both CFD and real stocks . Currently, there are nearly 3,500 CFD instruments, the vast majority from exchanges in the US, UK, and Germany. For real stocks, the list is even longer, encompassing nearly 5,000. You can view all available assets here .

The fee and commission structure for CFD and real shares is presented in the table below:

*For CFD shares: The first 6 (six) one-sided trades on your Trade.MT5 account and/or the first 3 (three) two-sided trades on your Trade.MT4 account. For real shares: The first 1 (one) one-sided trade on your Invest.MT5 account.

Admirals also offers fractional shares ( see details ), which allow you to invest in your favorite companies from just 1 euro or dollar, while retaining the right to dividend payments.

It is also worth noting that the Admirals instrument search engine highlights which instruments allow trading in line with ESG principles, i.e. environmental, social and corporate governance.

Cryptocurrencies

The list of cryptocurrencies available as CFDs at Admirals includes a total of 42 instruments. Of these, 32 are crypto/currency pairs and 10 are crypto/crypto pairs. Crypto/crypto pairs are the most popular tokens traded against Bitcoin: for example, ETH/BTC, LTC/BTC, and XRP/BTC.

Cryptocurrency pairs include all the tokens at the top of the total capitalization ranking, including Cardano (ADA), Bitcoin (BTC), Dogecoin (DOGE), Polkadot (DOT), Etherum (ETH), and so on. You can check the full list of instruments and their specifications here .

Bonds

The offer of bond trading in the form of CFDs at Admiral is quite modest and consists of two instruments, namely the yield on 10-year US bonds and German bunds.

ETFs

ETFs are the final category of instruments available at Admirals. Similar to stocks, they can be traded as CFDs and the underlying instruments. The ETF CFD offering includes 362 instruments , including those from the French, German, English, and American markets, with the majority from NYSE Arca. The full list of physical ETFs includes over 500 items .

For CFDs on ETFs and physical ETFs, the fee structure is exactly the same. The commission is $0.02 (minimum per transaction: $1.00) for dollar-denominated instruments. For European instruments, the commission is 0.15% of the transaction value (minimum 1 EUR, USD, or CHF per transaction), and for British instruments, the commission is 0.1% of the transaction value (minimum 1 GBP, EUR, or USD per transaction) .

Admirals Trading Accounts

Admirals clients can choose from several accounts, depending on their trading platform. For MetaTrader 5, these include Trade.MT5, Zero.MT5, and Invest.MT5, which is optimized for trading real stocks and ETFs. For MetaTrader 4, these include Trade.MT4 and Zero.MT4 .

The first table contains the account specifications for MT5, the second for MT4.

Admirals Accounts for MetaTrader 5

Own study based on Admirals data

Admirals Accounts for MetaTrader 4

Own study based on Admirals data

Admirals Demo Account

Admirals offers a demo account, available for 30 days with the option of a free extension . This allows you to test the platform’s capabilities and available instruments using virtual funds while also accessing news and market data.

To open a demo account, scroll down to the bottom of the Admirals homepage and click the “Open a demo account” button or use this link directly . To open a demo account, you’ll need to provide basic information: country of residence, email address, phone number, and password.

Register a demo account. Source: Admirals

To activate the Investor’s Room, confirm your details by clicking the link sent to the email address provided. The demo account is accessible directly from your browser.

Admirals Trading Platform

Admirals offers two popular Forex and CFD trading platforms: MetaTrader 4 and MetaTrader 5. The latter also allows for trading real stocks and ETFs. Additionally, clients can use the browser-based version of MetaTrader, known as WebTrader , and the proprietary Admirals mobile app, available for Android and iOS devices.

As part of the MetaTrader Admirals platforms, it also offers the Supre Edition add-on, which gives access to technical analyses from Trading Central, the Global Opinion add-on showing investor sentiment, a mini trading terminal, and the extended Admirals trading terminal, which modifies the basic functions of the platform.

Admirals Terminal from within the MetaTrader application. Source: Admirals

Other extras that can be found in the extension include Tick Chart Trader , Connect presenting the most important data in real time, an extensive indicator package, a trading simulator, and a mini chart package.

The mobile app is easy to use, safe, allows real-time trading and gives access to the most popular CFD instruments.

Admirals WebTrader

WebTrader from Admirals is a popular browser-based version of the MetaTrader platform, allowing you to trade online regardless of your device, from anywhere in the world, without the need to install any special software.

The only difference between the web and desktop platforms is that they may not offer access to all the instruments offered by other platforms and to a slightly limited number of indicators and tools.

Fees and commissions

Opening and maintaining an account with Admirals is completely free , as are deposits. The first withdrawal each month is free, but subsequent withdrawals will incur fees according to the table below:

Source: Admirals

Commissions for trading in equity instruments and ETF CFDs as well as real shares and ETFs were described earlier in the article and amount to 0.02% for instruments from the US market (minimum 1 dollar) and 0.1-0.15% for other markets (minimum 1 euro) .

Regarding additional fees, Admirals charges €10 per month for account inactivity . An account is considered inactive if there has been no activity (no transactions) on it for 24 months.

Detailed information about commissions can be found here .

Opinions about the Admirals broker

On Trust Pilot, Admirals received an “excellent” rating, accumulating 4.6/5 stars across 1,460 user reviews . Of these, 5% of reviews are 1 star due to dissatisfaction with customer service, due to “hidden fees” or delays in withdrawals. Admirals responds to all negative comments and attempts to clarify the situation or offer alternative solutions.

On the Google Play Store, Admirals has a 4/5 star rating from 906 reviews, with over 100,000 downloads. On the Apple Store, it has a 4.5/5 star rating from 65 reviews.

FAQ