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Admiral Markets Review for 2020: 8 Key Findigs & Ratings

Founded in 2001, Admiral Markets Group is a leading CFD and Forex broker, with presence in over 40 countries worldwide. Since its inception, it has developed a reputation as one of the industry’s most trusted, transparent and well-respected brokers. In this Admiral Markets review, we’ll be taking a look at everything you need to know…

admiral markets review

Founded in 2001, Admiral Markets Group is a leading CFD and Forex broker, with presence in over 40 countries worldwide. Since its inception, it has developed a reputation as one of the industry’s most trusted, transparent and well-respected brokers. In this Admiral Markets review, we’ll be taking a look at everything you need to know about this broker, including account types, what fees to expect, regulation, trading platforms on offer and more.

Strengths

  • Supports MetaTrader 4 and 5 (MT4/5)
  • Free demo account
  • Excellent customer service
  • Wide range of account types
  • Negative balance protection

Weaknesses

  • No deposits via PayPal
  • Demo account expires in 30 days
  • Trading commissions on some accounts

What can you trade?

£1
Min Deposit

Good
App Support

1:30
Max Leverage

Forex CFDs

Admiral Markets is a broker offering clients access to a wide variety of currency pairs, including majors, minors, and exotics. In total, there are 50 currency pairs to choose from:

Currencies Total Number
Exotic 22
Major 5
Minor 23/td>

Overall, traders are able to access a solid mix of currency pairs that is on-par with other leading brokers. Competitive leverage rate of up to 1:30 is available for Retail Clients (1:500 for professional clients), while Admiral Markets also provides several other unique features as part of its Forex trading accounts.

admiral markets forex spread

These include competitive spreads that start from 0 pips, no restrictions on stop distances, negative balance protection and super-fast order fulfilment that is executed within milliseconds. We particularly liked the negative balance protection feature, which helps traders minimise their volatility and market risk by preventing their accounts from sliding into a negative amount.

Admiral Markets prides itself on its customer-centric approach to trading and backs this up with a robust set of educational tools for traders of all levels. This includes webinars, seminars and a host of informative educational videos on Forex trading, as well as educational books and brochures.

Cryptocurrency CFDs

Cryptocurrency traders can also execute positions on 32 cryptocurrencies. This includes 22 Cryptocurrency Pairs with Fiat Currencies and 10 Cryptocurrency Cross Pairs with leverage of 1:2 available for Retail Clients and an ability to trade in any direction by going long or short on any cryptocurrency CFD. In addition to popular cryptocurrencies such as Bitcoin, Ethereum and Ripple, Admiral Markets also supports altcoins such as Dash, Ether and Stellar.

Commodity CFDs

With Admiral Markets, it’s possible to trade CFDs on the world’s most popular commodities including oil and gold with leverage up to 1:20 for Retail Clients and the ability to start trading with just 100 EUR. In addition, there are zero commission fees for traders, allowing you to save more on each trade. In total, there are 28 commodities to choose from, including:

  • Agriculture (7)
  • Commodity Futures (11)
  • Energies (4)
  • Metals (6)

Index CFDs

admiral markets index cfds

If you are focused on equity markets, then you can trade CFDs on 19 cash indices and 25 index futures, as well as over 3,700 individual stocks from a variety of markets around the world. There is zero commission involved and no minimum transaction size, while leverage is available up to 1:20.

ETF CFDs

As a retail trader, you can trade on 376 exchange-traded funds (ETFs) with USD-denominated ETF commissions at just $0.01 and a minimum trade size of $1. Competitive leverage rates of 1:5 are available and it is possible to earn dividends on long positions. Professional traders have access to over 500 ETFs.

Share CFDs

There are over 3,400 shares available to trade with Admiral Markets across a wide range of industry groups, from Communication Service to Utilities and everything in-between. All of the major stock exchanges are available, include the New York Stock Exchange (NYSE), London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE). Leverage up to 1:5 is available for retail clients, along with the potential to earn dividends, no commission fees or minimum transaction levels.

£1
Min Deposit

Good
App Support

1:30
Max Leverage

Social trading at Admiral Markets currently consists of the broker’s support for the trading signals service offered by MT4 and MT5. This social trading feature provides you with access to a sizable associated community of experienced traders that use the platforms.

The company’s clients can follow the trades of others within the MT4/5 community and copy them on their account automatically. There are fees for this service, but they depend on a variety of criteria.

What did our traders think after reviewing the key criteria?

Clients will generally pay a modest dealing spread whenever they enter or exit a trading position, which is normal. Spreads are very competitive due to their STP model, which gives its clients direct market access.

There is no fee charged when opening an account. However, Admiral Markets does charge an inactivity fee of €10 per month if you have not made any transactions in the previous 24 months. You are also able to transfer money between accounts of the same base currency at no charge, but you will pay a 1% exchange fee to transfer funds to an account with different base currency.

The Admiral Markets and MT5 account types have no commission, but they do have a minimum spread that is 0.1 for EUR/USD for example. Deposits are generally free, but deposits via some e-wallets like Skrill, Neteller and SafetyPay incur fees. Most traders also get to make two free withdrawal requests each month via bank transfer, Skrill or Neteller, although some wire transfer withdrawals will involve modest charges, in addition to any bank fees you may incur.

Furthermore, unless you have an Islamic account, you may be charged rollovers or swaps. It will occur when holding a long position on the lower interest rate currency in a pair overnight. It is primarily a concern for traders who hold trades overnight.

Admiral Markets provides a free demo account to hone your trading skills, although it does expire in the rather short time of 30 days.

The website lists a set of four live trading accounts which are broken down by the MetaTrader platform you wish to use. These are as follows:

MetaTrader 5 MetaTrader 4
Trade.MT5 Trade.MT4
Invest.MT5
Zero.MT5 Zero.MT4

admiral markets account types

Let’s take a look at some of these trading accounts in a bit more detail:

MT4 Accounts

Trade.MT4 Zero.MT4
Minimum Deposit £100 £100
Leverage (Forex) Retail Clients: 1:30 – 1:20 Retail Clients: 1:30 – 1:20
Leverage (Indices) Retail Clients: 1:20 – 1:10 Retail Clients: 1:20 – 1:10
Spread From 0.5 From 0
Commissions Single Share & ETF CFDs – from 0.01 USD per share 4 other instruments – no commissions Forex & Metals – from 1.8 to 3.0 USD per 1.0 lots cash Indices – from 0.05 to 3.0 USD per 1.0 lots energies – 1 USD per 1.0 lots
Minimum Order Size (Forex), Lots 0.01 0.01
Hedging ✔️ ✔️

MT5 Accounts

Trade.MT5 Invest.MT5 Zero.MT5
Minimum Deposit £100 £1 £100
Leverage (Forex) Retail Clients: 1:30 – 1:20 Retail Clients: 1:30 – 1:20
Leverage (Indices) Retail Clients: 1:20 – 1:10 Retail Clients: 1:20 – 1:10
Spread From 0.5 From 0 From 0
Commissions Single Share & ETF CFDs – from 0.01 USD per share 4
Other instruments – no commissions
Stocks & ETFs – from 0.02 USD per share Forex & Metals – from 1.8 to 3.0 USD per 1.0 lots
Cash Indices – from 0.05 to 3.0 USD per 1.0 lots
Energies – 1 USD per 1.0 lots
Minimum Order Size (Forex), Lots 0.01 0.01
Hedging ✔️ ✔️ ✔️

When it comes to trading platforms, Admiral Markets is a MetaTrader-forward broker. It offers compatibility with the full suite of MetaTrader platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

admiral markets platforms

Both trading platforms are available for download on Windows and OS X and are also available as a web-based client (MT WebTrader) that you can use in your browser. You can also download MT4 as an app for mobile trading on-the-go which is compatible with both iPhone and Android devices.

In addition, the MT4/5 platforms also have a free MetaTrader Supreme Edition plugin that extends the platform’s necessary capabilities and works on both live and demo accounts.

The official website is easy-to-read with black text on a white background. It has eye-catching imagery near the top and a bright blue menu bar that has links to essential areas of the site.

The site’s main menu bar includes tabs entitled: About Us, Start Trading, Products, Platforms, Analytics, Education and Partnership. There are also phone and language buttons in the upper right section of each website page. There are also log in and Create Account buttons to help you get started right away. The bottom of the pages contains social media links, as well as legal information.

The quality of the overall trading experience it provides to customers is reflected in the number of awards Admiral Markets has won over the years. The main priority for this broker is to help clients make better trading decisions and provide a seamless experience.

It achieves this through a large library of educational resources, including seminars, articles, how-to tutorials, e-books and trading videos. We especially liked the ‘Zero to Hero’ trading course, which helps new traders learn to trade in just 20 days.

admiral markets customer support

Admiral Markets provides its customers with the usual range of contact options on its website that you can use to contact the customer service team, including telephone, live chat (available 24/5) and an email contact form. A welcome albeit unusual customer support feature allows clients to drop by their offices in London to directly deal with issues. If you encounter any problems during the weekend, you can leave feedback or drop them a message over the weekend for when support resumes using the website form.

Admiral Markets offers traders plenty of payment methods, making deposits and withdrawals an incredibly straightforward and simple process. It offers many of the most popular deposit and withdrawal methods, including bank transfer, Visa and Mastercard, and Paypal.

In addition, it also supports e-wallets such as Neteller and Skrill and a host of lesser-known payment providers such as SafetyPay, Przelewy, Klarna  and iDEAL. To summarise, Admiral Markets offers more payment methods than many brokers and is almost certainly a market leader in this respect.

admiral market payment methods

  • Credit and debit card payments: Visa and MasterCard deposits are free and are processed instantaneously. Deposits have a minimum amount of £/€/$50, and there is a limit of £/€/$5,000 per transaction.
  • Bank wire transfer: Wire transfers can be sent to and from banks anywhere without a transaction minimum or limit. They are free for deposits, and you get two free withdrawals each month, although your bank may charge for such transactions. Processing times can be up to three business days.
  • E-wallets: supports Neteller and Skrill for deposits and withdrawals, but not PayPal. Transactions are instantaneous, but deposits incur a 0.9% charge. You also get two free withdrawals per month.

U.K. traders can make deposits directly in pounds sterling (GBP), as well as in USD, EUR, AUD, BGN, CHF, CZK, HRK, HUF, NOK, PLN, RON, RUB and SEK. Deposits made in other currencies that differ from your trading account’s base currency are converted to the base currency at prevailing exchange rates.

If you are considered a professional-client and are willing to deposit more than £15,000, then they will provide you with an offer to help make your trading conditions as competitive as possible. You just need to fill in a request form on their website to be considered for this promotional offer.

Another positive point is the company’s flexible onboarding policy. It makes it possible for traders to have accounts with more than one of their offices. Meaning that a UK-based retail trader looking to trade currency pairs might ordinarily be subject to a 30:1 leverage ratio if they trade through the FCA-regulated UK office, but if they open an account with the ASIC-regulated Australian office, then they could trade using 500:1 leverage.

Admiral Markets also offers useful analytics. These include fundamental and technical analysis reports, a trader’s blog, an economic calendar, a market sentiment indicator for major FX pairs and gold, and a market heat map that shows top moving assets.

When it comes to learning material, they provide considerable educational assistance for beginner traders. These include webinars and seminars, articles, tutorials, a risk management guide, a 21-day “Zero to Hero” trading course, and a forex 101 online course. You can also open a demo account to test your trading strategies.

The company also has several active and highly-popular social media accounts. The company’s busy Facebook Page presently has over 416,000 followers, while its Twitter account has almost 19,500 followers and 35,900 tweets. Its UK-focused YouTube channel has plenty of educational videos and an impressive 18,100 subscribers.

Admiral Markets is authorised and regulated by some of the world’s leading financial regulatory bodies, ensuring a safe trading experience for its clients:

These regulators require Admiral Markets to fully segregate traders’ accounts from company funds, adhere to strict anti-money laundering and capital requirements, comply with ‘know your client’ procedures, as well as a host of other stringent measures designed to protect traders.

In addition, traders in the United Kingdom are able to benefit from protection against defaults up to £85,000 through the Financial Services Compensation Scheme (FSCS). Protection of up to €20,000 is provided for traders in the E.U. through the Investor Compensation Fund (ICF) of Cyprus. All in all, FXTM should be considered a trustworthy and secure broker to open an account with.

admiral markets awards

Admiral Markets is the winner of 40+ global awards, making it one of the world’s most decorated brokers. Some of its accolades include:

  • Best Forex Platform: ADVFN International Financial Awards, 2019
  • Best CFD and Best Forex: Broker – Brokervergleich.de, 2015-2019
  • Broker of the Year: BrokerWahl, 2019
  • Best CFD Broker: The Deutsches Kundeninstitut, 2019
  • Fairest CFD Broker: Focus Money, 2019
  • Best Forex Broker: The Onlinebroker-Portal.de, 2019

It goes without saying that Admiral Markets is clearly a well-respected broker in the industry and a leading CFD provider that you can trust to deliver an excellent overall trading experience.

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Admiral Markets FAQs

No, Admiral Markets is not an ECN broker, they are a Market Making and STP broker. If you sign-up for the Invest.MT5 Account, your orders would be passed to an external gateway that is either connected to an exchange or a liquidity provider. You can trade in more than 400 FX pairs, over 4,300 publicly-listed companies and more than 200 ETFs on the Invest.MT5 Account.

Admiral Markets UK is the principal and Admiral Markets A.S., the sole liquidity provider for all CFD transactions carried out on its trading platforms via the Trade.MT5 and the Zero.MT5 Accounts. In other words, Admiral Markets is a market-making broker.  Admiral Markets pledges to carry out back to back transactions with the liquidity provider, thereby hedging all client transactions.

The Admiral Markets Group comprises subsidiaries offering online trading in over 8,000 CFD products across forex, stocks, commodities, indices, bonds, and cryptocurrencies. The subsidiaries are authorised and regulated by the FCA, CySEC, ASIC, EFSA, offer deep liquidity and high-speed order execution. You can open an account with a minimum deposit of $100/£100/€100 with some of the best trading conditions, all accessible on the MT4, MT5 platforms. So, yes, Admiral Markets is a good broker.

No, Admiral Markets does not offer spread-betting on its platforms. Instead, Admiral Markets offers OTC and exchange-traded products in forex, commodities, cryptocurrencies, shares, indices, ETFs and bonds. You can access all the products from the cutting edge supreme-edition of the MT4 and MT5 platforms.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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Statements about Cryptocurrency

Statements about Cryptocurrency

Cryptocurrencies are in a bubble and regulators could burst this at a whim.

  • Eight years after the introduction of Bitcoin, there are now over 900 cryptocurrencies and their prices are at all-time highs.
  • Richard Schiller categorizes bubbles as an underlying story driving the market forward, as opposed to the fundamentals of the assets. Cryptocurrencies are riding on a narrative of economic empowerment and freedom.
  • Despite the widespread attention that cryptocurrency receive, many of the actors involved in the market are not fully informed. Debate tends to turn to hype and naive investors are buying crypto-assets without fully understanding what they are.
  • Banks spend 73% of the market capitalization of Bitcoin each year on regulatory compliance. Crypto-assets are currently unregulated and free of these restrictions. As such, the market has thrived but also developed some bad habits.
  • Regulators cannot necessarily shut down cryptocurrencies, but they can restrict liquidity into them from fiat currencies and hamper their growth. The global derivatives market, for example, is worth $1.2 quadrillion, dwarfing Bitcoin’s $100 billion market cap.

Statements about Cryptocurrency

Market manipulations in crypto markets are undermining their credibility.

  • Due to low liquidity, no regulation, and a lack of clear understanding of the markets, pump and dumps are widespread in crypto markets. This is where a speculator can artificially sell while concurrently buying their own currency, wait for the market to rise, and then dump their holdings.
  • Frontrunning is also a common occurrence in ICOs, where early investors—who are used to show initial faith in the enterprise—buy discounted tokens before immediately selling them on.

As with historic bubbles, scams are exploiting naive investors.

ICOs can have the characteristics of vaporware. Entrepreneurs are raising hundred of millions of dollars purely on concepts. Money is being raised from investors who do not truly understand the technical concepts being proposed to them, let alone whether they are feasible.

  • The actual asset structures of ICOs are not only complex but also new forms of assets in their own right. This further confuses investors, which is compounded by the “FOMO” mentality of rushing into investments and following the crowd.
  • The use of celebrities to promote ICOs further demonstrates the use of manipulative marketing techniques used to cajole immature investors into participating in ICOs.
  • The current ICO craze is reminiscent of the South Sea Bubble of the 18th century, a speculatory period that involved crazed investment into enterprises in the New World. Once one of the highest valued companies of all time, the South Sea Company’s bubble burst and the company disappeared almost as quickly as it appeared.

Blockchains are still not proven technology, and more work is required.

  • Blockchains are still new concepts and their technology has not yet been proven on a consumer-wide scale. Attention should be focused on developing this, not speculating on short-termist projects.
  • The security of blockchains is a concept that most investors in crypto-assets do not understand. The onus is on them to protect their assets, which, on the basis of the amount of thefts and frauds in the space, is not being done properly.

There are some solutions to these issues.

  • A less polarized mentality of “us against the world” is needed; this could be enforced by the promotion of self-regulatory standards. These could also help to highlight the bad actors in the ecosystem.
  • More development is required into the underlying technology of blockchains. In the long run, this would be far more valuable than ICO moon-shot projects.
  • Awareness and discussion needs to be promoted. Conferences should present balanced debates from both sides of the crypto-view and more emphasis should be placed on educating investors instead of soliciting their investments.

Originally Published here at https://www.toptal.com

Statements about Cryptocurrency

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CMStrader Signals provider, the number 1 signal provider 4 years in a row

CMStrader Signals provider, the number 1 signal provider 4 years in a row.

CMStrader, the number 1 signal provider 4 years in a row, is now offering free signals to new clients!  Reliable trading tools are fundamental part of successful trading.

cmstrader for the Best Trading Signals

cmstrader for the Best Trading Signals

 

CMStrader’s signals success rate is estimated in 91% this should be enough to take a look and decide for yourself. since this is their biggest feature and drives this broker towards success, it is opretty afe to say that they do their utmost to provide you with quality forex signals.

This broker also entered the cryptocurrency market and offers several cryptocurrencies.  in short they act on the market and engage their clients directly.

when you start trading at CMSTrader, you can choose from a extended list of currencies, indices, commodities, gold and oil.

CMStrader Signals for better Trading

CMSTrader sends trading signals to traders’ accounts when there is an opportunity to buy or sell orders at specific points; an overview of the speculated price or loss ratio is included.

CMStrader Signals the number 1 signal provider among brokers

CMStrader Signals the number 1 signal provider among brokers

The signals are sent directly via SMS to a cellphone for major currencies traded on the stock exchange, foreign goods and precious metals.

In addition, signals can be sent to an e-mail address and or traders can be notified directly over the phone.  This service is available 24/5.

Like with Most proper signal services don’t expect 50 signals a day as simply there are not that many. you will get maybe a few good ones a day on which you could and most of the time should act.

Earn profits with CMStrader Signals in the forex market – the biggest trading scene in the world. Enjoy our unique benefits, trading education, minimum margin and best leverage! Start with a demo account and enter the amazing world of forex with CMStrader.

More about CMStrader Signals & Forex Broker

  • Name :CMSTrader
  • Website :cmstrader.com
  • Established :2013
  • Regulation :FSP
  • Country :United Kingdom
  • U.S. Clients Allowed ?  :No

CMSTrader is a leading investment advisor specializing in personal wealth management and growth and is a somewhat a newcomer to the Forex market.

they started in 2013 and since then have won several awards 2 including one for having best customer service in 2013.

CMSTrader “CMStrader Signals” is authorized under the name of CMS Ventures Limited which is a New Zealand Registered Financial Service Provider (FSP).

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Daily Financial News

Supreme Court Sides With Bits of Gold in Bank Dispute

Supreme Court Sides With Bitcoin Broker “Bits of Gold” in Israeli Bank Dispute

Upon appeal, the Israeli Supreme Court has rejected the closure of Bits of Gold’s banking facilities at Leumi bank, Tel Aviv.

The Israeli cryptocurrency brokerage’s appeal followed a previous ruling against it that has now been set aside by the higher court.

As Israel and many other countries struggle with the accelerated phenomenon of virtual currencies, Leumi Bank recently made the news for being a particularly blunt in its rejection of Bitcoin.

We should of course not be surprised with the banks attitude towards bitcoin or any other cryptocurrency for that matter. keep in mind that the banks become more and more obsolete because of them. Bits of gold versus leumi

They will keep on loosing money which now they make with ridiculous commissions of work that is fully automated. so they will try to see how they are able to make the operation and acquiring cryptos  as hard as possible knowing that they will never be able to stop them.

There is widespread anticipation that the upcoming G20 Summit in March 2018 will produce a global, moderate framework for a regulatory approach. Set against that are persistent hostile stances the world over from banks, asset managers and even governments towards cryptocurrencies.

Now that the countries understand there is money to be made with Taxation in cryptocurrencies they might want to make sure that the banks stay within their lane. 

Apart from the Israeli revenue service opting to tax cryptocurrency assets as “properties” and other more positive developments dating back to mid-2017, Israel remains a strange mix of genteel acceptance alongside wildly opposing voices.

There is thus Hope But no decision

Bits of Gold has fought a David and Goliath battle since their banker decided it wanted to steer clear of all cryptocurrency-related business.

On record as recently telling another bitcoin-related trader that they simply don’t want the business, Leumi Bank’s hard-line stance is accumulating bad press. The second-largest bank in Israel appears as discriminatory when analyzing virtual currency traders and other digital coin businesses.

During 2017, a customer made a bank transfer to the Kraken exchange site for buying bitcoin worth $1000. The bank identified the request, halted it, and started investigating.

The elated CEO of Bits of Gold, Youval Rouach said that “The court’s decision enables us to focus on the growth of the Israeli cryptocurrency community.”

 

The February 26 Supreme Court ruling granted Bits of Gold a temporary injunction against their account closure pending further scrutiny by the bank and other parties. The presiding bench declared that the company had “acted transparently and did not violate any provision of law.”

Calling the bank’s concerns “speculative” and turning an unsympathetic ear to the plaintiff, the ruling does, however, allow for the bank to still close the account on any small technical detail that defies legislation. As a record of a public spat around cryptocurrency’s right to be recognized in many ways, the ruling is seen as a victory for the local cryptocurrency community.

One Small Step Forward

Although not as absolute as nations like China that has opted for draconian bans, Israel is a front line for digital coins’ right not just to exist, but also become assets in the true sense of the word. The Supreme Court noted in its written ruling that Bits of Gold had not made itself guilty of the violation of any standing laws since opening its doors for business.

 

The Bits of Gold v. Leumi Bank case might become something of a test case once the bank applies its mind in scrutinizing the company’s accounts against the backdrop of existing legislation. The outcome will also be informed by sentiment post the G20 Summit due in March as well as other global regulatory trends.

Now that the countries understand there is money to be made with Taxation in cryptocurrencies they might want to make sure that the banks stay within their lane.

This was First Published by coindesk

 

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