Score

8.09 /10
Good

Admiral Markets

Regulated in Australia

Market Making(MM)

MT4 Full License

Global Business

High potential risk

Offshore Regulated

AAA
AA

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Comparison

Quantity 19

Exposure

Open Account
Website

Score

Regulatory Index9.30

Business Index8.43

Risk Management Index0.00

Software Index9.66

License Index9.25

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

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Danger

ID BAPPEBTI
2022-09-20
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
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Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
Admiral Markets

Danger

FR AMF
2017-03-30

Broker Information

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Check whenever you want

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WikiFX Risk Alerts 3
Previous Detection : 2025-02-02
  • The number of the complaints received by WikiFX have reached 17 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!

WikiFX Verification

Admiral Markets · Benchmark
Average transaction speed(ms)
219.4 Perfect
The highest transaction speed(ms)
141 Good
The highest speed of opening positions(ms)
172 Good
The highest speed of closing position(ms)
141 Good
The lowest speed of opening positions(ms)
468 Perfect
The lowest speed of closing position(ms)
391 Great
Ranking: 8 / 120
Test user 149
Transactions 2,697
Ocuppied margin $282,709 USD
Data Source WikiFX Data provide
Updated: 2025-01-31 01:01:00
Pyramid scheme complaint
Expose
Resolved

All profits are deducted, the account is cancelled, and the principal is directly transferred to the wallet

The Admirals platform directly deducted all profits without explaining the reason, and also cancelled the account, showing that the account was invalid. The account manager also kicked the ball, saying that he did not have the authority, and was not the part he was responsible for. When the account is doubled, the profit will be directly deducted, and if you want to deduct it, you will deduct it, without even giving a reason! ! ! Everyone on the pit platform should avoid entering the pit.

2022-07-04 22:08
Unable to Withdraw

Fraud and appropriation of money

I have been trading on Admiral for 1 month through a recommendation from a friend. Everything has been very normal and I affirm that I have not used any incentives from this floor. After a while, I noticed that I was trading. high profits, they started to play tricks, they changed my account to only for closing orders, and then on April 26, they sent an email saying they would close my account and only let me withdraw numbers. I deposited money but didn't allow any profit to be withdrawn, I asked for proof of anything I did wrong to allow them to act so absurdly, but still haven't had any answers. I don't like it, all I get is just a general rule from them, I am being scammed by them and appropriated an amount of up to 9000 USD. Warn investors to stop trading and stay away from these scammers because once you make a profit, they will immediately steal that money. I affirm that I have not committed any trading errors as they are accusing. If they have any evidence that I have done anything wrong, I accept all forms of punishment.

2024-04-26 18:36
Scam

DID NOT PROCESS THE WITHDRAWAL

I HAD REQUESTED FOR WITHDRAWAL DURING JUNE 2024 AND PAID TAX, WITHDRAWAL CHARGES, WITHDRAWAL DEPOSITS, INSURANCE DEPOSIT BUT THE WITHDRAWAL WAS NOT PROCESSED. WHILE FOLLOWING UP ASKED FOR ADDITIONAL DEPOSIT WHICH WAS NOT LEGIMATE. AFTER REGULAR FOLLOWUP, THE CUSTOMER CARE STOPPED RESPONDING AND NOW BLOCKED ON TG. MAILED THE MAIN CONTACT DETAILS OF ADMIRAL AND RECEIVED REPLIED THAT UID NO DOES NOT BELONG TO THEN AND IT MAY BE A SCAM. IF ANY BODY CAN GUIDE TO CONTACT ADMIRAL OPERATING IN INDIA

2024-11-19 17:26
Unable to Withdraw

I deposited and traded on Marc

I deposited and traded on March 26, 2024, until April 24, 2024, when they asked me to prove my income to prove that my deposit was mine. When I emailed them and asked how to prove my income, they suspended my transaction and asked me to cancel it. Next, they refused to allow me to withdraw and publicly deducted $8529 from my account. They said I violated T&C and only allowed me to withdraw my deposit without any profit. I didn't do anything wrong, nor did I make any transactions. Therefore, Admiral SC Ltd. deceived and intentionally confiscated my property without clear reasons. Certification body address: 10.17 CasTeleaGh StreeTm Sydney, New South Wales 2000. The Admiral told me that the T&C error was just one way they intentionally stole my money. I trade completely normally without any skills. I am a long-term trader, and this is the first time I have encountered such a ridiculous situation. Other trading institutions also require me to provide financial proof when depositing and trading with them for a period of time, but when I do so, I can still trade normally. Before I traded on Imperial Markets, they deducted $8526 from my account. I trade and hold long-term orders for a month, and when I make a profit, they start robbing me for no reason? If I make a mistake in the transaction, why don't they notify me of the mistake and remind me? Because they have not yet proven my income, they have suspended my transactions and deducted them from my account.

2024-05-01 23:22
Unable to Withdraw

Unable to withdraw

I have done trading with Admiral Markets Global ltd.My wallet balance is $ 10696 as on date.When I was applied for withdrawal of $ 8000,the platform asked me to deposit 30% tax on total profit.I deposited tax . After that they asked to deposit conversion fees10% of withdrawal amount.Afer paying all dues the platform is not refund my withdrawal since 20 days. whenever I asked to refund they always blocking my communication and not responding properly.i have also mailed them many times but they didn't reply.

2024-04-08 15:36
Unable to Withdraw

Abuse the right to blame customers and steal profits.

For nearly 2 months, Admiral still cannot prove that I traded with a price error because I traded without a price error, so they could not find proof that I was wrong. But Admiral still tried to take my profit of 9021 USD. Admiral used that profit to do other things without explanation, appropriating profits without cause and without understanding the definition of mispricing. Meanwhile, Admiral blamed the customer for a pricing error that Admiral himself did not understand. Are you looking for an excuse to blame me for making a price mistake, traders? Do you think it's unreasonable? Once there is a price error, Admiral will prove me wrong, and the price is different from other exchanges. But I didn't trade any price errors; I proved that the Admiral price is still the same as on other exchanges. Because Admiral wanted to take my profit of 9,021 USD, he found an excuse to take money like that. I hope someone will stand up and accompany me to eliminate unreasonable strategies that rob traders like me of their money. This was a huge lesson for me when I put my trust in Admiral in the wrong place. Meanwhile, they are defrauding customers who trust them with too much money. I cannot accept to give up and let Admiral take my profits unjustly. I will do everything to restore justice and not be deceived. Thank you, traders, for reading and sharing to gain better information and understand how Admiral deceives customers. These are the proofs I want to show you of what Admiral has done to me and others who are suffering like me. Here, traders, please let me know where I made a mistake in the above price when Admiral blamed me for the price. Please give me feedback and comments.

2024-06-13 15:38
Scam

Fraud and it immediately tries to deduct money when the customer makes a profit.

I traded for 1 month; everything went completely normal, and there was no warning from the floor. I also had to deposit money into the floor many times when the order was at a loss and could have stopped out. But when there was a profit and at the end, the floor locked my order and informed me to only withdraw capital. This is dirty and fraudulent behavior from a reputable floor for 20 years. I researched and discovered that many people had the same problem as me when caught. Profitable investment, picture below. They have robbed me of more than a month of work and money, and through many lying emails, they have not provided any evidence of my handover. Wrong translation of the law. Everyone,  please help me give a bad review about a platform that scams investors. From Vietnam, they are very afraid of people in the host country and other countries. Only customers from small countries play very dirty tricks because they know I will face many barriers to get them out.

2024-06-19 00:09
Unable to Withdraw

I am a customer of Admiral wit

I am a customer of Admiral with the registered Account Number: "83008753 MT5, Account Name: Nguyen Hai Duong. I am from Vietnam. However, on April 25, 2024, they said they needed to review my account. Two days later, they claimed that my account had violated their Terms and Conditions and only allowed me to withdraw the deposited amount, not the profits. I don't understand where I went wrong. Therefore, I suspect that Admirals SC Ltd. Deceived me and seized my property. Website: https://admiralmarkets.com.cy/, with the licensing authority being Admiral Markets UK Ltd. Admiral accused me of violating T&C and attempted to withhold all my profits. I traded normally; I did not engage in price manipulation or scalping. I don't receive any bonuses, I don't trade on gaps, I don't trade freeswaps, I don't trade after-breakouts, I don't trade on scalping, so how does Admiral steal my profits However, they tried to justify seizing my profits by accusing me of violating T&C when I earned profits. Isn't that just an excuse to take my profits? They have held my profits for almost a week now and have automatically deleted my profit, without any explanation. I hope the the community can help me recover the profits they took from me. I have requested evidence of my alleged misconduct, but they have not provided any evidence. Admiral accuses me of not taking profits at the peak, speculating that I traded at different prices, but I proved that day other platforms ran at the correct prices. Admiral is trying every reason to take my profits and those of other traders. The Admiral alleges that I violated policy 5.10. They take advantage of low profit rates, high leverage, swap fees from me, and I trade in very small quantities. What did I violate? Please help me recover my money and others like me, who have faced similar situations where they cannot withdraw profits. They are holding $9021 USD from me. I hope the the community has measures or can help us to recover the money that Admiral has withheld from us. I am the one pleading for help, please, the community, have mercy on us and help us recover the profits that Admiral has taken from us. I only trust that the community is important to us to help me recover the money. Thank you, the community, for reading and considering my plea. Sincerely, Thank you.

2024-05-03 14:45
    Sources
    Admiral Markets · Company summary
    Founded in2001
    HeadquartersSeychelles
    Regulated byASIC, FCA, CySEC, FSA (Offshore)
    Trading instruments2,500+, forex, indices, commodities, ETFs, stocks, cryptocurrencies
    Demo Account (30 days)
    Islamic Account
    Account TypeTrade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5
    Min Deposit$25
    Leverage1:3-1:1000
    EUR/USD SpreadFloating around 0.1 pips
    Trading platformMT4/5, Trading App, Admirals Platform, StereoTrader
    Payment MethodsVisa, MasterCard, Skrill, Neteller, Crypto payments, Bank Wire
    Deposit Fee
    Withdrawal FeeOne free withdrawal request every month, 5 EUR/USD thereafter
    Inactivity Fee10 EUR per month (only charged if the account balance is greater than zero)
    Customer SupportLive chat, contact form
    Tel: +2484671940, +3726309306
    Email: global@admiralmarkets.com
    Regional RestrictionBelgium

    Admiral Markets Overview

    Admiral Markets is a global online trading provider offering trading services in 2,500+ financial instruments, including forex, indices, commodities, ETFs, stocks, and cryptocurrencies. The company was founded in 2001 and is headquartered in Seychelles, with offices in various countries around the world.

    Admiral Markets is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). The company offers a range of trading platforms, account types, and educational resources to its clients.

    Admiral Markets is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Admiral Markets acts as an intermediary and takes the opposite position to its clients.

    Admiral Markets' home page

    Regulatory Status

    Admiral Markets is regulated by several respected financial authorities globally.

    In Australia, it is regulated by Australia Securities & Investment Commission (ASIC) under the Market Making (MM) model.

    In the United Kingdom and Cyprus, the firm is overseen by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC) respectively, both also under the Market Making model.

    Additionally, it holds a Retail Forex License in Seychelles, further extending its regulatory framework to offshore jurisdictions.

    Regulated CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
    Australia
    ASICRegulatedADMIRALS AU PTY LTDMarket Making (MM)000410681
    UK
    FCARegulatedAdmiral Markets UK LtdMarket Making (MM)595450
    Cyprus
    CySECRegulatedAdmirals Europe Ltd (ex Admiral Markets Cyprus Ltd)Market Making (MM)201/13
    Seychelles
    FSAOffshore RegulatedAdmirals SC LtdRetail Forex LicenseSD073
    Regulated by ASIC
    Regulated by FCA

    Regulated by CySEC

    Offshore regulated by FSA

    Pros and Cons of Admiral Markets

    Advantages:

    • Wide range of trading instruments and account types to choose from
    • Flexible maximum leverage options (1:3-1:1000)
    • Multiple payment methods available without deposit fees
    • Comprehensive educational resources for traders of all levels
    • Customized customer service for different regions and languages
    • Access to various trading platforms including MT4/5, Trading App, Admirals Platform, and StereoTrader
    • A variety of trading tools and features such as negative balance protection and free VPS

    Disadvantages:

    • Belgium clients are not accepted
    • Only one free withdrawal request every month, 5 EUR/USD thereafter
    • Inactivity fee of 10 EUR per month charged if the account balance is greater than zero

    Market Instruments

    Admiral Markets offers a diverse range of trading products, encompassing over 2,500 instruments across various asset classes to cater to different investment preferences.

    Asset ClassSupported
    Forex
    Indices
    Commodities
    ETFs
    Stocks
    Cryptocurrencies
    Bonds
    Ooptions
    Market Instruments

    Trading Accounts/Fees

    Admiral Markets offers five account types: Trade.MT4, Zero.MT4, Trade.MT5, Zero.MT5, and Invest.MT5.

    The Invest.MT5 account has the lowest minimum deposit requirement, starting at just $1 USD/EUR, and offers the widest range of trading instruments including over 4500 stocks and more than 400 ETFs; however, it does not support leverage trading.

    Only the Trade.MT5 account offers the option for an Islamic account.

    For more detailed differences among the account types offered by Admiral Markets, please refer to the table below:

    Account TypeTrade.MT4Zero.MT4Trade.MT5Zero.MT5Invest.MT5
    Min Deposit25 USD/EUR, 100 BRL, 500 MXN, 20 000 CLP, 50 SGD, 1000 THB, 500 000 VND, 25 AUD1 USD/EUR
    Trading Instruments37 currency pairs, 5 cryptocurrency CFDs, 2 metal CFDs, 3 energy CFDs, 12 cash index CFDs, 200+ stock CFDs80 currency pairs, 3 metal CFDs, 8 cash index CFDs, 3 energy CFDs80 currency pairs, 18 cryptocurrency CFDs, 2 metal CFDs, 3 energy CFDs, 12 cash Index CFDs, 2,300+ stock CFDs, 350+ ETF CFDs80 currency pairs, 3 metal CFDs, 8 cash index CFDs, 3 energy CFDs4,500+ stocks, 400+ ETFs
    Leverage (Forex)1:3-1:1000
    Leverage (Indices)1:10-1:500
    SpreadFrom 1.2 pipsFrom 0 pipsFrom 0.6 pipsFrom 0 pips
    CommissionSingle Share & ETF CFDs - from 0.02 USD per shareForex & Metals - from 1.8 to 3.0 USD per 1.0 lotsSingle Share & ETF CFDs - from 0.02 USD per shareForex & Metals - from 1.8 to 3.0 USD per 1.0 lotsStocks & ETFs - from 0.02 USD per share
    Other instruments - no commissionsCash Indices - from 0.15 to 3.0 USD per 1.0 lotsOther instruments - no commissionsCash Indices - from 0.15 to 3.0 USD per 1.0 lots
    Energies - 1 USD per 1.0 lotsEnergies - 1 USD per 1.0 lots
    Islamic Account

    Leverage

    Admiral Markets offers a range of leverage options from 1:10 to 1:1000, allowing traders to select the level that aligns with their strategy and risk tolerance. While higher leverage can amplify profits from smaller investments, it also increases the potential for significant losses.

    Trading Platforms

    Admiral Markets offers a comprehensive suite of trading platforms to cater to various trading needs:

    • MetaTrader 4 (MT4): Known for its reliability and powerful analytical tools, MT4 is available for Windows and offers advanced trading capabilities in a secure environment. It supports Forex and CFD trading.
    • MetaTrader 5 (MT5): Available for Windows, Android, iOS, and Mac, MT5 is a multi-asset platform favored globally for trading Forex, CFDs, exchange-traded instruments, and futures. It features advanced charting tools, automated trading options, and mobile apps that allow trading on the go.
    • Admirals Mobile App: Developed in-house, this mobile app provides a user-friendly interface for trading CFDs on various instruments. Available for mobile devices, it ensures trading accessibility anytime, anywhere.
    • StereoTrader: An advanced MetaTrader panel that enhances trading with strategic order types, stealth modes, and intelligent automation. It's designed for traders looking for precision and flexibility in their strategies.
    Trading platforms comparison

    Deposit and Withdrawal

    Admiral Markets accepts deposits and withdrawals via Visa, MasterCard, Skrill, Neteller, Crypto payments, and Bank Wire.

    All deposits are free of charge, while only one free withdrawal request every month, and 5 EUR/USD thereafter.

    Deposit and Withdrawal

    Fees

    In addition to commissions and withdrawal fees that we have mentioned before, some other fees may be charged, as follows:

    Internal transfer

    Between a client's separate trading accounts
    Accounts with the same base currency
    Accounts with different base currencies1% of the amount
    Between a client's separate wallets, wallet and trading account
    Wallets, wallet and account with the same base currency
    Wallets, wallet and account with different base currencies5 free transfers, 1% of the amount thereafter (min 1 EUR)

    Additional fees

    Opening a live or demo trading account
    Inactivity fee10 EUR per month
    Currency conversion fee0.3%

    Educational Resources

    Admiral Markets offers a robust suite of educational resources suitable for traders of all experience levels. These resources encompass an economic calendar to monitor significant market events, comprehensive market reports, and real-time charts that provide up-to-date market conditions.

    Additionally, traders can benefit from a variety of learning formats including video tutorials for practical guidance on trading platforms, interactive webinars and seminars for insights from market experts, as well as eBooks that delve into trading strategies and concepts.

    A glossary is also available to help traders familiarize themselves with trading terminology, enhancing their understanding of the financial markets.

    Educational Resources

    Conclusion

    Admiral Markets is a well-established online trading broker with over 20 years of industry experience, offering a diverse range of financial instruments, platforms, and account types to traders globally. The broker provides robust tools and educational resources to support informed trading decisions, along with flexible leverage and multiple payment options.

    While Admiral Markets stands out for its tailored services across different regions, various fees can't be overlooked.

    FAQs

    What regulatory bodies oversee Admiral Markets?

    Admiral Markets is regulated by ASIC, FCA, CYSEC, and holds an offshore Retail Forex License from the FSA in Seychelles.

    What can I trade on Admiral Markets?

    The platform offers 2,500+ tradable instruments, including forex, indices, commodities, stocks, bonds, cryptocurrencies, and ETFs.

    Which trading platforms does Admiral Markets support?

    Admiral Markets supports MT4/5, Trading App, Admirals Platform, and StereoTrader.

    Does Admiral Markets provide educational resources?

    Yes, it offers webinars, seminars, eBooks, and market analysis.

    What account types does Admiral Markets offer?

    Available accounts include Trade.MT4, Zero.MT4, Trade.MT5, Zero.MT5, and Invest.MT5.

    Are there fees or commissions at Admiral Markets?

    Yes. Both withdrawal fee and inactivity fee are charged, as well as some other fees. You can find detailed info above.

    How can I manage funds in my Admiral Markets account?

    Funds can be deposited or withdrawn via Visa, MasterCard, Skrill, Neteller, Crypto payments, and Bank Wire.

    News

    NewsURGENT WARNING! Clone Of Admiral Markets

    URGENT WARNING FROM FCA! UK’s watchdog Financial Conduct Authority (FCA) issued a warning against Clone of FCA-authorised firm , Admiral Markets. The authority shared the clone firm and authorised firm details with the consumers to make them aware.

    WikiFX
    2024-10-29 18:31
    URGENT WARNING! Clone Of Admiral Markets

    NewsAdmirals Enhances MT5 with Visible Currency Conversion Fees

    Admirals enhances MT5 with visible currency conversion fees, improving transparency. Traders can now clearly see and manage these fees directly on the platform.

    WikiFX
    2024-08-21 16:34
    Admirals Enhances MT5 with Visible Currency Conversion Fees

    NewsAdmirals Launches New Analytical Tool for MetaTrader Platforms

    Admirals enhances MetaTrader 4 and 5 with an AI-powered Analytical Research Terminal, merging news and data for informed trading decisions.

    WikiFX
    2024-03-06 17:49
    Admirals Launches New Analytical Tool for MetaTrader Platforms

    ExposureList of Complained Brokers in India

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    WikiFX
    2024-03-05 17:48
    List of Complained Brokers in India

    User Reviews

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    User comment

    18

    Comments

    Write a review

    FX2773816652
    3-6months
    this is a good broker
    this is a good broker
    Translate to English
    2025-01-04 15:38
    Reply
    0
    0
    FX1831818691
    0-3months
    I HAD REQUESTED FOR WITHDRAWAL DURING JUNE 2024 AND PAID TAX, WITHDRAWAL CHARGES, WITHDRAWAL DEPOSITS, INSURANCE DEPOSIT BUT THE WITHDRAWAL WAS NOT PROCESSED. WHILE FOLLOWING UP ASKED FOR ADDITIONAL DEPOSIT WHICH WAS NOT LEGIMATE. AFTER REGULAR FOLLOWUP, THE CUSTOMER CARE STOPPED RESPONDING AND NOW BLOCKED ON TG. MAILED THE MAIN CONTACT DETAILS OF ADMIRAL AND RECEIVED REPLIED THAT UID NO DOES NOT BELONG TO THEN AND IT MAY BE A SCAM. IF ANY BODY CAN GUIDE TO CONTACT ADMIRAL OPERATING IN INDIA
    I HAD REQUESTED FOR WITHDRAWAL DURING JUNE 2024 AND PAID TAX, WITHDRAWAL CHARGES, WITHDRAWAL DEPOSITS, INSURANCE DEPOSIT BUT THE WITHDRAWAL WAS NOT PROCESSED. WHILE FOLLOWING UP ASKED FOR ADDITIONAL DEPOSIT WHICH WAS NOT LEGIMATE. AFTER REGULAR FOLLOWUP, THE CUSTOMER CARE STOPPED RESPONDING AND NOW BLOCKED ON TG. MAILED THE MAIN CONTACT DETAILS OF ADMIRAL AND RECEIVED REPLIED THAT UID NO DOES NOT BELONG TO THEN AND IT MAY BE A SCAM. IF ANY BODY CAN GUIDE TO CONTACT ADMIRAL OPERATING IN INDIA
    Translate to English
    2024-11-19 17:26
    Reply
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    0
    19