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Do you want to know which is the better broker between FXCM and Admiral Markets ?
In the table below, you can compare the features of FXCM , Admiral Markets side by side to determine the best fit for your needs.
EURUSD: -0.2
XAUUSD: -0.1
Long: -7.25
Short: 3.22
Long: -38.53
Short: 18.15
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of fxcm, admiral-markets lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
FXCM Review Summary in 10 Points | |
Founded | 1999 |
Headquarters | London, UK |
Regulation | FCA, ASIC |
Market Instruments | currency pairs, precious metals, commodities, global stock indices, treasury bonds |
Demo Account | Available |
Leverage | 1:30-1:400 |
EUR/USD Spread | 1.3 pips |
Trading Platforms | MT4 |
Minimum deposit | $50 |
Customer Support | 24/5 phone, email, and live chat |
FXCM is a retail forex broker that was founded in 1999. The company is headquartered in London, UK, but has offices and affiliates in a number of other countries, including Australia, Germany, France, Italy, Greece, Hong Kong, Japan, South Africa, and the United States.
The company provides online trading services in forex, contracts for difference (CFDs), and other financial instruments. FXCM offers various trading platforms including the popular MetaTrader 4 (MT4) platform and its own proprietary platform, Trading Station. The broker provides customer support in multiple languages and offers educational resources and market analysis tools to help traders make informed trading decisions.
FXCM is a retail forex and CFD broker that operates as a No Dealing Desk (NDD) broker. This means that FXCM does not take the opposite side of clients' trades and instead uses Straight Through Processing (STP) to send client orders to liquidity providers in the interbank market. This model is designed to provide traders with faster execution and more transparent pricing. FXCM also offers commission-based pricing, as opposed to spreads, which may appeal to traders who prefer a more transparent fee structure.
FXCM is a well-established and reputable forex broker with over two decades of experience in the industry. Its strengths include its comprehensive educational resources, a wide range of trading instruments and platforms, and a global presence. FXCM also offers competitive pricing and flexible account options, making it accessible to traders of all levels.
However, FXCM's weaknesses include limited deposit and withdrawal options, high fees for certain services, and the potential for slippage during periods of high volatility. Some traders have also reported issues with customer support, particularly in non-English speaking regions.
Pros | Cons |
• Regulated by FCA and ASIC | • US clients are unaccepted |
• Commission-free trading available on Standard accounts | • Limited product offerings beyond forex and CFDs |
• Multiple trading platforms to choose from, including MetaTrader 4 and Trading Station | • Limited educational resources compared to some other brokers |
• Competitive spreads on forex pairs | • Limited research and analysis tools |
• No deposit or withdrawal fees | • Limited customer support availability on weekends |
• Low minimum deposit requirement | • Limited payment options |
It's worth noting that the pros and cons listed above are not exhaustive and may not necessarily apply to every trader's individual experience with FXCM.
Overall, FXCM can be a good choice for traders who prioritize education and a diverse range of trading options, but it may not be the best fit for those who require a specific deposit or withdrawal method, or who prioritize low fees above all else.
FXCM is a legitimate broker with a long-standing reputation in the industry. The company is regulated by top-tier financial authorities, such as the FCA in the UK and the ASIC in Australia, which ensures that it operates under strict financial and ethical guidelines. FXCM also has a solid track record of handling client funds in a secure and responsible manner.
However, like any broker, there are potential risks involved in trading, such as market volatility and the possibility of losses. It's important to carefully evaluate the risks and benefits before deciding to trade with any broker.
FXCM provides negative balance protection and offers its clients access to segregated accounts, providing additional security measures. More details can be found in the table below:
Protection Measure | Detail |
Regulation | FCA, ASIC |
Segregated Funds | Yes |
Investor Protection | Up to £85,000 |
Negative Balance | Yes |
Financial Audit | Yes |
Insurance | No |
Note: The table only includes a few of the many safety measures that FXCM employs to protect its clients.
FXCM is a well-regulated and reputable broker with a long-standing history in the industry. The company is regulated by top-tier financial authorities and has multiple licenses, demonstrating a commitment to client protection.
However, FXCM has faced regulatory penalties in the past and the company's reputation was negatively impacted. Overall, while FXCM has had some past issues, the broker has taken steps to address them and appears to be a reliable choice for traders.
FXCM offers investors a diverse range of tradable instruments, including currency pairs, precious metals, commodities, global stock indices, treasury bonds, as well as a forex basket, a stock basket, CNH, and other popular products.
There are two types of accounts: Regular Accounts and Premier Accounts. Regular accounts have a minimum deposit of $50 and allow investors to trade up to 39 popular currency pairs and the entire CFD range.
The Premier Account is designed for high-volume investors and requires, firstly, an FXCM account or a new account, a total USD notional trading volume of $10 million per natural month. The account offers investors a range of benefits: exclusive support, premium services, and tailor-made trading solutions.
FXCM offers different leverage levels based on the jurisdiction of the client and the type of trading account. In general, FXCM offers leverage up to 1:400 for forex trading, and up to 1:200 for CFD trading on certain instruments. It's important to note that high leverage increases the potential for both profits and losses, so traders should use it with caution and have a good risk management strategy in place.
It's also worth noting that different regulatory bodies have different restrictions on leverage. For example, in the United States, the maximum leverage for forex trading is limited to 1:50, while in Europe, it's limited to 1:30 for retail clients. Traders should always check the specific leverage restrictions for their jurisdiction and account type before trading.
The spreads are 1.3 pips for EUR/USD, 2.3 pips for EUR/GBP, and 1.8 pips for AUD/USD. The Premier account offers investors a cashback offers. If a client trades EUR/USD pair and reaches $300 million in notional volume for the month (for the fifth step), then the cashback amount is $25/million, for a total cashback amount of $7,500. The cashback for equity index CFD products ranges from $1 to $3 per million USD.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
FXCM | 1.3 pips | $25/1M traded |
IG | 0.6 pips | No |
Oanda | 0.9 pips | No |
Pepperstone | 0.0 pips | AUD $3.5 / side / 100k traded |
XM | 0.6 pips | No |
Plus500 | 0.6 pips | No |
Note: Spreads can vary depending on market conditions and volatility.
FXCM has fully optimized and upgraded its MT4 platform to execute traders' orders faster and more consistently. The advantages of MT4 are setting stop-loss/stop gain before execution, setting stop loss and stop gain of 0.01 (micro) lot when creating a new trade, trading with more accurate lot sizes, enhancing risk management by partially closing positions, and controlling when traders want to close a position and how much of a position traders want to close.
In addition, FOREX offers a free MT4 Virtual Private Server (VPS) storage service. This VPS has three advantages: EA will continue to operate when the computer is turned off; the server is dedicated to EA trading and will not operate other applications; and traders can log into their platform from any computer even if they do not have MetaTrader4 installed.
Overall, FXCM's trading platforms offer a range of advanced features and tools that can appeal to traders of all levels and styles.
Broker | Trafing Platform |
FXCM | MetaTrader4 |
IG | IG Trading, MetaTrader4 |
Oanda | Oanda Trade, MetaTrader4, Oanda Web Trading |
Pepperstone | MetaTrader4, MetaTrader5, cTrader, Pepperstone Webtrader |
XM | MetaTrader4, MetaTrader5 |
Plus500 | Plus500 WebTrader, Plus500 Windows Trader |
FXCM welcomes several payment methods, including online banking payments, bank transfers, and other payments. The minimum single deposit for CUP is $100, and the minimum deposit for a credit card or wire transfer is $50. Besides, traders can withdraw funds once a month for free.
The minimum deposit requirement for FXCM varies depending on the account type and the region of the client. For example, in the UK and some other regions, the minimum deposit for a Standard account is £300 or equivalent in another currency, while for the Mini account, it is £50 or equivalent.
However, in some other regions, such as the US, the minimum deposit for a Standard account is $5,000, while for the Mini account, it is $50. It is important to check the minimum deposit requirement for the specific account type and region before opening an account with FXCM.
FXCM | Most other | |
Minimum Deposit | $50 | $100 |
To withdraw funds from your FXCM account, you need to follow these steps:
Step 1: Log in to your FXCM account on the FXCM website.
Step 2: Click on the “MyFXCM” menu and select “Withdraw.”
Step 3: Select the account you wish to withdraw from and choose your withdrawal method.
Step 4: Enter the amount you wish to withdraw and provide any additional information that may be required for your chosen withdrawal method.
Step 5: Review and confirm your withdrawal request.
Step 6: Once your withdrawal request has been processed, you will receive an email confirmation with details of the transaction.
It's important to note that the time it takes for your funds to be withdrawn will depend on the withdrawal method you choose and the processing times of your bank or payment provider.
Apart from spreads and commissions, FXCM also charges overnight fees. Overnight fees, also known as swap fees, are charged for positions that are held overnight.
FXCM does not charge any deposit fees, but there are withdrawal fees depending on the withdrawal method used. For example, bank wire withdrawals are subject to a $40 fee, while credit card withdrawals are subject to a 1.8% fee.
Inactivity fees may also be charged if an account is inactive for a certain period. For example, FXCM charges an inactivity fee of $50 per year if there are no trades or open positions for 12 months.
It is important to review the fee schedule on FXCM's website before opening an account to ensure a full understanding of the fees associated with trading.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee | Inactivity Fee |
FXCM | Free for most methods | Free for most methods | $50/year |
IG | Free | Free | $18/month |
Oanda | Free | Free | $10/month |
Pepperstone | Free | Free for Australian bank transfer, $20 for international wire transfer | $0 |
XM | Free | Free | $5/month after 90 days of inactivity |
Plus500 | Free | $10 | $10/quarter |
Please note that these fees may be subject to change and may vary depending on your location and account type. It's always a good idea to check with the broker directly for the most up-to-date information.
FXCM offers customer support via phone, email, and live chat 24/5 during market hours. They also have a FAQ section on their website to provide answers to common questions. FXCM provides localized support in various languages and countries, and they have a team dedicated to handling account-related inquiries.
In addition, they offer remote assistance through TeamViewer to assist clients with any technical issues they may encounter. Overall, FXCM is known for their responsive and helpful customer support.
Pros | Cons |
• 24/5 customer support through phone and chat | • No 24/7 customer support |
• Multilingual support | • No local office in some countries |
• Comprehensive FAQ section on the website | • No dedicated account manager |
• Personalized support for VIP clients | • Some clients report slow response times for inquiries |
Note: The above information is based on general feedback from clients and may not be applicable to every individual experience.
FXCM offers a range of educational resources to help traders improve their knowledge and skills. Some of the educational resources available on the FXCM website include:
Webinars: Live and recorded webinars covering a variety of trading topics, including market analysis, technical analysis, and trading strategies.
Video library: A collection of videos covering various trading topics, including trading psychology, chart patterns, and trading platforms.
Trading guides: In-depth guides on various trading topics, including Forex trading, stock trading, and trading psychology.
Forex news: Daily updates on market news and analysis from FXCM's team of experts.
Trading signals: Trading signals based on technical analysis and market trends.
In conclusion, FXCM is a well-established and reputable broker that offers a range of trading instruments and account types with competitive spreads and commissions. The broker's trading platforms are user-friendly and offer advanced features for traders of all levels. Additionally, FXCM provides educational resources and excellent customer support, including 24/5 support in multiple languages.
However, FXCM does have some drawbacks, including the lack of negative balance protection and the high inactivity fee. The broker is also not available in all countries, which may limit accessibility for some traders. Overall, FXCM is a reliable and trustworthy broker that can meet the needs of both beginner and experienced traders.
Q 1: | Is FXCM regulated? |
A 1: | Yes. It is regulated by FCA and ASIC. |
Q 2: | Does FXCM offer demo accounts? |
A 2: | Yes. |
Q 3: | Does FXCM offer industry-standard MT4 & MT5? |
A 3: | Yes. It offers MT4 and Trading Station. |
Q 4: | What is the minimum deposit for FXCM? |
A 4: | The minimum initial deposit to open an account is $50. |
Q 5: | Is FXCM a good broker for beginners? |
A 5: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
Registered in | Australia |
Regulated by | ASIC/FCA/CYSEC |
Year(s) of establishment | 10-15 years |
Trading instruments | Forex, Indices, Stocks, Commodities, Bonds, ETFs |
Minimum Initial Deposit | 1 USD or equivalent |
Maximum Leverage | 1:10-1:1000 flexible leverage |
Minimum spread | Forex typical spreads from 0.6 pips (EURUSD) |
Trading platform | MT4, MT5, Webtrader |
Deposit and withdrawal method | bank wire, Skrill, Neteller, VISA, MasterCard, cryptocurrencies, Perfect Money |
Customer Service | Email, phone number, live chat |
Fraud Complaints Exposure | Yes |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Advantages:
Wide range of trading instruments and account types to choose from
Flexible maximum leverage options
Multiple payment methods available with varying fees
Comprehensive educational resources for traders of all levels
Customized customer service for different regions and languages
Access to various trading platforms including MT4, MT5, and Webtrader
A variety of trading tools and features such as negative balance protection and free VPS
Disadvantages:
Limited availability in some regions and countries
Commission and fee structures can be complex and vary by payment method and account type
Limited promotions or bonuses offered for new or existing clients
Some account types may require a minimum deposit that could be prohibitive for some traders
Limited customer support availability on weekends
Advantages | Disadvantages |
Admiral Markets offers tight spreads and fast execution due to its Market Making model. | As a counterparty to its clients' trades, Admiral Markets has a potential conflict of interest that may lead to decisions that are not in the best interest of 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. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that Admiral Markets has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with Admiral Markets or any other MM broker.
Admiral Markets is a global online trading provider offering trading services in various financial instruments, including forex, stocks, commodities, and indices. The company was founded in 2001 and is headquartered in Estonia, 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.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
Advantages | Disadvantages |
Wide range of instruments available including Forex, Indices, Stocks, Commodities, Bonds, and ETFs | No cryptocurrencies offered |
Opportunity to invest in thousands of shares | |
Over 370 ETF CFDs available, plus hundreds more through Invest.MT5 | |
Ability to trade both cash CFDs and Index Futures for indices |
Admiral Markets offers a wide range of trading instruments across several asset classes, including Forex, indices, stocks, commodities, bonds, and ETFs. With over 80 currency pairs available for trading, traders have access to a competitive selection of Forex instruments. The broker also offers the opportunity to invest in thousands of shares, over 370 ETF CFDs, and a selection of commodity CFDs. Additionally, traders can trade both cash CFDs and Index Futures for indices, and US Treasuries and Germany Bund CFDs are available for bond traders. While the selection of currency pairs is not as extensive as some other brokers, Admiral Markets offers a comprehensive range of instruments that can meet the needs of a diverse range of traders.
Advantages | Disadvantages |
Low spreads on Invest. MT5 and Zero. MT5 accounts | Trade. MT5 and MT4 accounts have higher spreads |
No commissions on most instruments for Trade. MT5 and MT4 accounts | Commissions on Zero. MT5 account are relatively high for Forex & Metals |
Low commissions on Single Share & ETF CFDs for Trade. MT5 and MT4 accounts | Commissions on Cash Indices and Energies for Zero. MT5 account are relatively high |
In terms of spreads, commissions, and other costs, there are some advantages and disadvantages among the different account types offered by the broker. The Invest. MT5 and Zero. MT5 accounts offer the advantage of zero spreads, which can help traders to save on costs. Additionally, the Trade. MT5 and MT4 accounts have low spreads, which are also beneficial for traders. The Trade. MT5 and MT4 accounts also offer low commissions on Single Share & ETF CFDs, which is a plus. However, the commissions on Cash Indices and Energies for the Zero. MT5 account are relatively high, as are the commissions on Forex & Metals for this account type. Additionally, the spreads on Trade. MT5 and MT4 accounts are higher than those on the Invest. MT5 and Zero. MT5 accounts. Overall, traders should consider the spreads, commissions, and other costs when choosing an account type that suits their needs.
Advantages | Disadvantages |
Multiple account types to suit different needs | Limited trading instruments on some account types |
Low minimum deposits for most account types | No Islamic account available for Invest.MT5 account |
Competitive spreads on some account types | No leverage available for Invest.MT5 account |
Commission-free trading on some account types | Higher commissions on Zero.MT5 account |
Negative account balance policy on all account types | No Islamic account available on Zero.MT5 account |
Admiral Markets offers multiple account types to cater to different traders' needs. The Trade.MT5 account has the most extensive range of trading instruments, including currency pairs, indices, stocks, commodities, ETFs, and bonds, while the Invest.MT5 account focuses on stock and ETF trading with no leverage. The Zero.MT5 and Zero.MT4 accounts offer commission-based trading with low spreads and no commissions, respectively. The accounts' minimum deposits are relatively low, starting at 1 USD for the Invest.MT5 account and 25 USD for the rest. However, some account types have limited trading instruments, and the Zero.MT5 account has higher commissions. Moreover, there are no Islamic accounts available for the Invest.MT5 and Zero.MT5 accounts, while the Invest.MT5 account doesn't offer leverage. Nonetheless, all account types have a negative account balance policy, ensuring traders' maximum loss doesn't exceed their account balance.
Trade. MT5 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs - 80 Metal CFDs - 5 Energy CFDs - 3 Agriculture CFDs - 7 Index Futures CFDs - 24 Commodity Futures - 11 Cash Index CFDs - 19 Stock CFDs - over 3350 ETF CFDs - over 300 Bonds CFDs – 2
leverage 1:500 - 1:10
spreads from 0.5 pips
commissions: Single Share & ETF CFDs - from 0.02 USD per share 4, Other instruments - no commissions
Islamic account: yes
Negative Account Balance Policy: yes
Invest. MT5 account:
minimum deposit 1 USD or equivalent
trading instruments: Stocks - over 4500, ETFs - over 400
leverage: no
spreads from 0.0 pips
commissions: Stocks & ETFs - from 0.02 USD per share
Islamic account: no
Negative Account Balance Policy: no
Zero. MT5 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs – 80, Metal CFDs – 3, Cash Index CFDs – 10, Energy CFDs - 3
leverage 1:500 - 1:10
spreads from 0.0 pips
commissions: Forex & Metals - from 1.8 to 3.0 USD per 1.0 lots 3, Cash Indices - from 0.05 to 3.0 USD per 1.0 lots 3, Energies - 1 USD per 1.0 lots
Islamic account: no
Negative Account Balance Policy: yes
Trade. MT4 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs - 37, Metal CFDs - 4, Energy CFDs - 3, Index Futures CFDs - 3, Cash Index CFDs - 16, Stock CFDs - 230, Bonds CFDs - 2,
leverage 1:500 - 1:10
spreads from 0.5 pips
commissions: Single Share & ETF CFDs - from 0.02 USD per share, Other instruments - no commissions
Islamic account: no
Negative Account Balance Policy: yes
Zero. MT4 account:
minimum deposit 25 USD or equivalent
trading instruments: Currency pairs - 45, Metal CFDs - 3, Cash Index CFDs - 10, Energy CFDs - 3
leverage 1:500 - 1:10
spreads from 0.0 pips
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
Islamic account: no
Negative Account Balance Policy: yes
Advantages | Disadvantages |
MT4 is widely used and has a vast library of customizable indicators and expert advisors | MT4 is a relatively old platform and may not have the latest features of newer platforms |
MT5 has advanced features such as more timeframes, pending order types, and hedging capability | MT5 is less widely used and has a smaller community of developers and users |
Webtrader is a browser-based platform that is accessible from anywhere with an internet connection | Webtrader may have limited functionality compared to desktop platforms |
Webtrader is compatible with multiple operating systems and devices | Webtrader requires a stable and fast internet connection to operate efficiently |
Platforms are a crucial dimension to consider when choosing a broker as they provide the interface through which traders can access the financial markets. The available platforms at a broker will determine the functionality, user-friendliness, and compatibility of the trading software used by the traders. The broker offers several platforms including MT4, MT5, and Webtrader.
Advantages | Disadvantages |
Higher potential profits with smaller initial investment | Higher leverage can also increase potential losses |
More trading opportunities with access to larger positions | Traders may over-leverage their accounts and increase risk |
Flexibility in choosing leverage according to individual risk appetite and trading style | Some traders may be restricted from high leverage due to regulatory requirements or broker policies |
Admiral Markets offers a flexible maximum leverage ranging from 1:10 to 1:1000, giving traders the freedom to choose the level of leverage that best suits their trading strategy and risk management preferences. Higher leverage can provide more trading opportunities and potential for higher profits with smaller initial investments, but traders must also be aware of the increased risk of losses that comes with higher leverage. It is important for traders to use leverage responsibly and to understand the potential risks involved. Regulatory requirements and broker policies may also limit the amount of leverage that can be used, so traders should always check their local regulations and broker guidelines before trading with high leverage.
Advantages | Disadvantages |
Multiple payment methods available including bank wire, Skrill, Neteller, VISA, MasterCard, cryptocurrencies, and Perfect Money | Fees and commissions vary depending on the payment method used |
Free deposits for some payment methods | Withdrawal fees for some payment methods, such as bank wire and VISA/MasterCard after the first free withdrawal request |
One free withdrawal request every month for some payment methods | Withdrawal fees can be high for some payment methods, such as bank wire and VISA/MasterCard after the first free withdrawal request |
Fast and easy deposits and withdrawals for some payment methods, such as cryptocurrencies and e-wallets | Some payment methods may not be available in certain countries or regions |
Admiral Markets offers a range of payment methods for deposits and withdrawals, including bank wire, e-wallets, credit/debit cards, cryptocurrencies, and Perfect Money. While some payment methods have no deposit fees, withdrawal fees and commissions vary depending on the payment method used. Additionally, withdrawal fees can be high for some payment methods, such as bank wire and VISA/MasterCard after the first free withdrawal request. However, some payment methods offer free withdrawals and one free withdrawal request every month. Overall, Admiral Markets provides flexibility and convenience in its payment methods, with the option to choose a method that suits individual preferences and needs.
Advantages | Disadvantages |
Access to a variety of educational resources | Some educational resources may not be relevant to all traders |
Economic calendar helps traders to keep track of significant events in the markets | The information in the educational resources may be overwhelming for novice traders |
Video tutorials provide step-by-step guidance on how to use trading platforms and tools | Educational resources can become outdated quickly, requiring frequent updates |
Webinars and seminars offer the opportunity to interact with market experts and learn from their experiences | Some educational resources may require payment or a subscription |
eBooks provide in-depth knowledge and strategies for traders | It can be time-consuming to go through all of the educational resources available |
Real-time charts, market news, and research provide up-to-date information on market conditions | Over-reliance on educational resources may lead to a lack of independent decision-making by traders. |
Admiral Markets offers a comprehensive range of educational resources that can benefit traders at all levels of experience. The educational resources provided by Admiral Markets include an economic calendar, market reports, video tutorials, webinars, seminars, eBooks, glossary, real-time charts, and market news and research. The economic calendar is useful for keeping track of significant events in the markets, while video tutorials provide step-by-step guidance on how to use trading platforms and tools. Webinars and seminars offer the opportunity to interact with market experts and learn from their experiences. eBooks provide in-depth knowledge and strategies for traders. Real-time charts, market news, and research provide up-to-date information on market conditions. You can also visit their official YouTube channel to view more videos. However, it is essential to note that over-reliance on educational resources may lead to a lack of independent decision-making by traders.
Advantages | Disadvantages |
Multilingual customer support | Limited support availability hours |
Localized customer support | No live chat support available |
Phone and email support available | No dedicated support for VIP clients |
Regional offices for personal assistance | No social media customer support available |
Admiral Markets provides a comprehensive customer care service to its clients worldwide. Customers can contact the company's multilingual customer support through phone or email in their own native language and get personalized assistance. The company also has regional offices to provide customers with personal assistance. However, the support availability hours are limited, and there is no live chat or social media support available. Also, the company does not offer dedicated support for VIP clients.
In conclusion, Admiral Markets is a reputable online trading broker that offers a wide range of financial instruments, platforms, and account types for traders worldwide. With over 19 years of experience in the industry, the company provides a comprehensive set of tools and educational resources to assist traders in making informed investment decisions. The broker's flexible leverage, multiple payment methods, and customized services for various regions are advantages that set it apart from competitors. However, its high commissions on certain account types, limited cryptocurrency offering, and lack of 24/7 customer support may be considered disadvantages. Overall, Admiral Markets is a solid option for traders seeking a well-established and trustworthy broker with extensive offerings and excellent customer service.
Question: What is Admiral Markets?
Answer: Admiral Markets is a financial services company that provides trading and investing services in various financial markets, including Forex, stocks, indices, commodities, and more.
Question: Is Admiral Markets a regulated company?
Answer: Yes, Admiral Markets is a regulated company. It is authorized and regulated by the Financial Conduct Authority (FCA) in the UK, Australia Securities & Investment Commission (ASIC) in Australia and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Question: What trading platforms does Admiral Markets offer?
Answer: Admiral Markets offers several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader. These platforms are available for desktop, mobile, and web-based trading.
Question: What is the minimum deposit required to open an account with Admiral Markets?
Answer: The minimum deposit required to open an account with Admiral Markets varies depending on the type of account and can be as low as 1 USD.
Question: What instruments can I trade with Admiral Markets?
Answer: Admiral Markets offers a wide range of trading instruments, including Forex, stocks, indices, commodities, bonds, and ETFs.
Question: Does Admiral Markets offer any educational resources?
Answer: Yes, Admiral Markets offers a variety of educational resources, including webinars, video tutorials, eBooks, market analysis, and more, to help traders improve their knowledge and skills.
Question: What payment methods does Admiral Markets accept?
Answer: Admiral Markets accepts several payment methods, including bank wire, credit/debit cards, Skrill, Neteller, Perfect Money, and cryptocurrencies. The fees and commissions for each payment method may vary.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fxcm and admiral-markets are, we first considered common fees for standard accounts. On fxcm, the average spread for the EUR/USD currency pair is -- pips, while on admiral-markets the spread is From 0.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fxcm is regulated by ASIC,FCA,CYSEC,FSCA. admiral-markets is regulated by ASIC,FCA,CYSEC,FSA,BaFin.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fxcm provides trading platform including -- and trading variety including --. admiral-markets provides trading platform including Zero.MT4, Zero.MT5, Trade.MT5,Trade.MT4,Invest.MT5 and trading variety including Currency pairs - 45 Metal CFDs - 3 Cash Index CFDs - 10 Energy CFDs - 3.