BrokAIr Reviews

Admiral Markets Review

"Admiral Markets is the new kid on the block when it comes to online brokerages, but they have already made their mark with their innovative features and competitive rates. Is Admiral Markets too good to be true?"

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Overview of Admiral Markets

Admiral Markets is a global online broker offering services in Forex and CFDs. It was founded in 2001 by the team of Andrey Dashin. The company is regulated by the Financial Conduct Authority (FCA). Admiral Markets has offices across Europe, Asia and Australia and since its establishment it has become one of the leading Forex and CFD brokers on the market.

Pros

Admiral Markets provides its clients with a wide range of services, including trading in Forex and CFDs, as well as financial services such as spot trading, spread betting, and derivatives. The company also offers tight spreads, fast execution times and low commissions. Admiral Markets also offers a variety of educational materials for beginners, such as webinars, videos and tutorials. Additionally, the broker offers free trading signals and charting tools to help traders make informed decisions.

Cons

Admiral Markets does not offer many assets for trading compared to other brokers. The broker also charges high fees for some services, including withdrawal fees. Additionally, some traders may find the customer service lacking, as the broker does not provide 24/7 support.

Public Opinion

The public opinion about Admiral Markets is generally positive. Many traders appreciate the competitive spreads and fast execution times offered by the broker. Additionally, the educational materials provided by Admiral Markets are praised by many traders. However, some traders have noted that the customer service could be improved and that more assets should be offered for trading.

Newsworthy Events

Admiral Markets recently won two awards: 'Best Forex Broker' at the Financial Times & Investors Chronicle Investment & Wealth Management Awards 2020 and 'Best Trading Platform' at the UK Forex Awards 2020. In 2019, the broker was awarded 'Best Forex Broker' at the Global Brands Magazine Awards and 'Best Online Trading Platform' at the Online Personal Wealth Awards. Additionally, in 2018 Admiral Markets was awarded 'Best Forex Education Provider' by European CEO Magazine.