No data
Do you want to know which is the better broker between OANDA and Admiral Markets ?
In the table below, you can compare the features of OANDA , Admiral Markets side by side to determine the best fit for your needs.
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 oanda, 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:
OANDA | Basic Information |
Registered Country/Region | Australia |
Founded in | 1996 |
Regulation | CFTC, FCA, ASIC, IIROC, MAS, NFA, FSA |
Min. Deposit | No minimum deposit |
Max. Leverage | 1:50 (US), 1:30 (EU), 1:200 (other regions) |
Min. Spreads | From 0.6 pips (EUR/USD pair) |
Trading Instruments | Forex, CFDs, indices, commodities, bonds |
Trading Platforms | OANDA Trade, MetaTrader 4, API Trading |
Payment Methods | Bank transfer, credit/debit cards, PayPal |
Customer Support | 7/24 phone, email, live chat |
OANDA is a well-known online forex broker that has been operating for over two decades. With a reputation for transparency and reliability, OANDA offers a wide range of trading products and services, including forex, CFDs, commodities, and indices.
Founded in 1996, OANDA is headquartered in New York City and is regulated in multiple jurisdictions, including the US, UK, Canada, Australia, and Japan. This ensures that OANDA operates within strict regulatory frameworks and offers a high level of security and protection to its clients.
OANDA offers a range of trading platforms, including its proprietary platform, as well as the popular MT4 platform. The broker also provides a range of educational resources and tools to help traders improve their trading skills and stay up-to-date with market developments. In terms of customer support, OANDA has a 24/7 customer service team that can be reached via phone, email, or live chat.
OANDA is a well-established forex and CFD broker with a range of features and services that may appeal to traders of all levels. As with any broker, there are both pros and cons to consider before deciding whether to open an account. Some of the key advantages of OANDA include its regulatory status, extensive range of instruments, competitive spreads, and variety of trading platforms. However, it is important to note that OANDA also has some potential drawbacks, such as limited deposit and withdrawal options, high non-trading fees, and a lack of negative balance protection. Understanding both the positives and negatives of trading with OANDA can help traders make informed decisions about whether this broker is the right fit for their needs.
Pros | Cons |
Regulated by top-tier authorities | Limited product portfolio |
Competitive spreads and low trading fees | High inactivity fees |
No minimum deposit requirement | Limited research tools |
Variety of trading platforms | Negative reviews and complaints on customer support |
Educational resources and tools | Limited payment options |
Strong financial background | No professional account offered |
OANDA is a legitimate forex broker that has been in operation for more than 20 years and is regulated by reputable financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, and the Australian Securities and Investments Commission (ASIC). OANDA has also won numerous awards for its trading services and technology, including being named the “Best Forex Broker” by the Financial Times and Investors Chronicle for three consecutive years. However, as with any financial service, it is important for traders to conduct their own research and due diligence before deciding to trade with OANDA or any other broker.
OANDA offers a wide range of trading instruments to its clients, allowing them to diversify their investment portfolio and take advantage of various market opportunities. The market instruments offered by OANDA include:
Forex: OANDA provides access to a wide range of currency pairs, including major, minor, and exotic pairs. The forex market is the largest and most liquid market in the world, offering traders the potential for high returns.
Indices: OANDA offers trading in a variety of global indices, such as the US 500, UK 100, and Germany 30. These indices represent the performance of a basket of stocks and provide traders with exposure to a broader market.
Commodities: OANDA offers trading in commodities such as precious metals, energy, and agricultural products. These markets can be highly volatile, but they offer the potential for significant returns.
Bonds: OANDA offers trading in government bonds from a variety of countries, providing traders with exposure to the fixed-income market.
Cryptocurrencies: OANDA offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The cryptocurrency market is highly volatile and can offer traders significant opportunities.
Bonds: OANDA also offers a range of bond CFDs to trade, including US Treasury Bonds, UK Gilts, and Euro Bunds. With bond trading, traders can access a wide range of bond markets and potentially benefit from price movements in global interest rates.
OANDA offers two live account types to cater to different trading needs and experience levels of traders. Here are the account types offered by OANDA:
Standard Account: This account type is suitable for new traders who are just starting in the forex market. The minimum deposit requirement for this account is $0, and it offers access to the core features of OANDA's trading platform, including over 70 currency pairs, commodities, and indices.
Premium Account: This account is designed for more experienced traders who require additional features and services. The minimum deposit requirement for this account is $20,000, and it offers tighter spreads, lower trading costs, and a dedicated relationship manager.
Apart from two live trading accounts, OANDA also offers a free demo account, which allows traders to practice trading with virtual funds in a risk-free environment. The demo account provides access to all the features and tools of the OANDA platform, allowing traders to test their strategies and trading skills without risking real money.
Pros | Cons |
No minimum deposit requirement | Limited leverage offered |
Multiple account types to choose | No professional accounts available |
Wide range of trading instruments | Inactivity fee charged after 12 months of inactivity |
Commission-free trading | |
Negative balance protection | |
Free demo account available |
Visit the official OANDA website and click on the “Open an Account” button.
Choose the type of account you want to open.
Fill in your personal information, including your name, address, date of birth, and employment status.
Provide some additional information, such as your trading experience, investment goals, and financial status.
Agree to the terms and conditions of the account and submit your application.
Once your application is approved, you will receive an email with instructions on how to fund your account.
Follow the instructions to deposit funds into your account and start trading.
OANDA offers leverage up to 50:1 for major currency pairs and up to 20:1 for minor currency pairs, commodities, and indices. However, leverage may vary based on the regulatory requirements of the country where the trader is located. It is important to note that high leverage can increase both profits and losses, and traders should carefully consider their risk tolerance before using leverage.
OANDA charges variable spreads that start from as low as 0.1 pips on major currency pairs. OANDA's spreads can vary depending on market volatility and liquidity, but they tend to be lower than the industry average.
In terms of commissions, OANDA does not charge any commissions on trades. Instead, the broker earns revenue from the spreads on trades. This can be a plus for traders who prefer to avoid paying commissions.
It's worth noting that OANDA also offers a range of order types, including limit, stop-loss, and take-profit orders, which can help traders manage their risk and maximize their profits.
Here is the combined data for EUR/USD, gold, and UK100 spreads from three brokers:
Broker | EUR/USD | Gold | UK100 |
OANDA | 0.9 pips | 25 cents | 1.4 pips |
FP Markets | 0.0 pips | 35 cents | 1.0 pips |
Exness | 0.3 pips | 35 cents | 0.5 pips |
OANDA also charges certain non-trading fees, which include:
Inactivity fee: OANDA charges an inactivity fee of 10 units of the account's base currency per month if there has been no trading activity for a period of 12 months or more. This fee can be avoided by simply placing a trade during this period.
Financing/rollover fees: If a position is held overnight, OANDA charges a financing/rollover fee. This fee is based on the interest rate differential between the two currencies involved in the trade and is calculated using the following formula: (trade size x interest rate differential x 1/365).
Deposit/withdrawal fees: OANDA does not charge deposit fees, but some withdrawal methods may incur a fee. For example, bank wire withdrawals within the US incur a $20 fee, while international wire withdrawals incur a $35 fee.
Conversion fees: If you are depositing or withdrawing funds in a currency other than your account's base currency, OANDA charges a conversion fee. This fee varies depending on the currency and the amount being converted.
OANDA offers multiple choices of trading platforms, namely MetaTrader 4 (MT4), OANDA Web Trading Platform, and OANDA Trade.
MetaTrader 4 (MT4): This is a widely used trading platform in the forex industry, popular for its advanced charting tools and automated trading capabilities. OANDA offers MT4 to its clients as a downloadable desktop application and mobile app.
OANDA offers a proprietary trading platform called OANDA Trade, which is available in both web-based and mobile versions. The platform is highly customizable and offers a wide range of charting tools, technical indicators, and order types.
OANDA Web Trading Platform: This is a web-based platform accessible from any device with internet connectivity. It offers a user-friendly interface and customizable features for traders to analyze the market and execute trades.
Here is a comparison table of the trading platforms offered by OANDA, Avatrade, and IC Markets:
Broker | Trading Platform | Desktop | Web | Mobile |
OANDA | OANDA Platform | ✔ | ✔ | ✔ |
MetaTrader 4 | ✔ | ✔ | ✔ | |
MetaTrader 5 | ✔ | ✔ | ✔ | |
Avatrade | AvatradeGO | ✖ | ✔ | ✔ |
MT4 | ✔ | ✔ | ✔ | |
MT5 | ✔ | ✔ | ✔ | |
IC Markets | cTrader | ✔ | ✔ | ✔ |
MetaTrader 4 | ✔ | ✔ | ✔ | |
MetaTrader 5 | ✔ | ✔ | ✔ | |
WebTrader | ✖ | ✔ | ✔ |
OANDA provides several trading tools to its clients, including:
Advanced Charting: OANDA's advanced charting tools offer technical analysis and indicators to help traders make informed decisions.
Economic Calendar: OANDA's economic calendar provides real-time updates on important economic events and news releases that can affect the markets.
Partners & VPS: OANDA partners with TradingView, a leading charting platform, to provide its clients with advanced charting and analysis tools. OANDA also partners with MotiveWave, a professional trading platform, to offer advanced technical analysis tools and trading strategies. In addition, OANDA offers a virtual private server (VPS) service to traders who require uninterrupted trading connectivity.
Deposit
OANDA offers several deposit methods, including:
PayNow/QR Pay: This payment method is available for Singapore residents only. It allows for instant deposits into your trading account. Deposits from the following banks in Singapore: DBS/POSB, Bank of China, Citi, HSBC, Maybank, OCBC, Standard Chartered and UOB, are accepted.
DBS Bill Pay (SGD only): Another payment method available only for Singapore residents, DBS Bill Pay allows you to make SGD-denominated deposits into your trading account.
PayPal: PayPal is a popular online payment system that is accepted by OANDA. It allows you to make instant deposits and withdrawals from your trading account.
FAST: FAST (Fast and Secure Transfers) is a real-time interbank payment and settlement system in Singapore. It allows for instant SGD-denominated deposits into your trading account.
Bank wire transfer: You can also fund your trading account via bank wire transfer. This method typically takes 1-2 business days to process.
Cheques: Cheques are accepted for deposits only, and they must be in SGD currency.
Paypal: This is an online payment system that allows you to send and receive money electronically. To use this method for withdrawal, you will need to have a verified Paypal account that is linked to your OANDA trading account. Withdrawals are typically processed within 1-2 business days.
Bank Transfer: This method involves transferring funds from your OANDA trading account directly to your bank account. The time it takes to receive your funds will depend on your bank's processing time. OANDA does not charge any fees for bank transfers, but your bank may have its own fees.
Cheque: You can request to receive your funds via cheque, which will be sent to your registered address. It typically takes around 7-10 business days to receive your cheque. However, there may be additional fees for this method, depending on your location.
Pros | Cons |
Multiple deposit methods offered | Limited withdrawal methods |
No fees charged on deposits | Withdrawals may take longer to process |
Fast processing time for most deposit methods | Minimum withdrawal amount may vary by method |
Deposit amounts in multiple currencies | No option to withdraw to credit/debit cards |
OANDA offers customer support services through various channels, including email, live chat, phone, and social media. The support team is available 24/7 to assist traders with any issues they may encounter during their trading journey.
One notable feature of OANDA's customer support is its multilingual support, which is available in several languages, including English, Chinese, French, German, Italian, Japanese, Korean, Portuguese, Russian, Spanish, and Turkish.
In addition to its customer support services, OANDA provides a comprehensive FAQ section on its website, which covers various topics, including account management, trading platforms, technical analysis, and more. The FAQ section is a valuable resource for traders who may have common questions and want quick answers without contacting customer support.
OANDA offers a wealth of educational resources to its clients, enabling them to develop their trading skills and stay up-to-date with the latest market trends. Whether you are a beginner or an experienced trader, OANDA's educational resources cater to your needs.
One of OANDA's important educational resources is the OANDA Academy, which offers a range of educational materials, including videos, tutorials, webinars, and articles, covering a wide range of trading topics, from the basics of forex trading to advanced trading strategies.
Additionally, OANDA provides clients with a variety of market analysis tools and resources, including market news, economic indicators, and trading signals, enabling traders to stay informed about the latest market trends and make informed trading decisions.
OANDA is a well-established online broker that offers a variety of trading instruments, account types, and platforms to its clients. The broker is regulated by multiple reputable authorities and has been operating for more than two decades, which gives it credibility and reliability. Additionally, OANDA provides several trading tools, educational resources.
However, it is important to note that OANDA has received a significant number of complaints regarding its customer support, trading platforms, and pricing policies. While the broker has taken steps to address these issues, they still raise concerns about the overall quality of its services.
Overall, OANDA is a legitimate and reputable broker that offers a range of benefits to its clients. However, potential traders should be aware of the complaints and consider them before making a decision to open an account with OANDA. As with any investment, it is important to conduct thorough research and due diligence to ensure that the broker aligns with your trading needs and preferences.
Q: Is OANDA regulated?
A: Yes, OANDA is regulated by multiple financial regulatory authorities around the world, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS).
Q: What is the minimum deposit required to open an account with OANDA?
A: The minimum deposit required to open an account with OANDA varies depending on the account type and the regulatory jurisdiction. In general, it ranges from $0 to $20,000.
Q: What trading instruments are available on OANDA's platform?
A: OANDA offers a wide range of trading instruments, including forex, CFDs, commodities, bonds, and stock indices.
Q: Does OANDA charge commissions on trades?
A: OANDA does not charge commissions on trades. Instead, they make money from the spread, which is the difference between the bid and ask price.
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 oanda and admiral-markets are, we first considered common fees for standard accounts. On oanda, the average spread for the EUR/USD currency pair is EURUSD/1 Gold/3 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.
oanda is regulated by ASIC,FCA,FSA,NFA,IIROC,MAS. 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.
oanda provides trading platform including Standard account and trading variety including Foreign exchange, precious metals, crude oil, CFD. 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.