Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Admiral Trades

United Kingdom|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://admiraltrades.com/

Website

Rating Index

Contact

+44 2045483382
support@admiraltrades.com
https://admiraltrades.com/
52 Berkeley st, London, United Kingdom

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

English

+44 2045483382

English

+61 251108265

Broker Information

More

Company Name

Admiral Trades

Company Abbreviation

Admiral Trades

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Users who viewed Admiral Trades also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IC Markets

8.92
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.54
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

7.54
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

Admiral Trades · Company Summary

Admiral Trades Basic Information
Company Name Admiral Trades
Founded 2023
Headquarters United Kingdom
Regulations Not regulated
Tradable Assets Forex, indices, cryptocurrencies, stocks, commodities
Account Types Standard, Silver, Gold, VIP
Minimum Deposit Varies by account type; starts at $250
Maximum Leverage Up to 1:500
Spreads Starts from 0 pips (varies by account)
Commission Not specified
Deposit Methods Bank wire, credit/debit cards, electronic wallets
Trading Platforms AdmiralTrades Platform, CFD WebTrader
Customer Support Email, multiple telephone lines, office in London
Education Resources Personal account manager, Trading Central, sessions with market analysts
Bonus Offerings Up to 100% (varies by account type)

Overview of Admiral Trades

Admiral Trades, established in 2023 and headquartered in the United Kingdom, marks its presence in the online trading industry by offering a diverse array of financial instruments. The platform caters to a wide range of traders by providing access to various markets, including Forex, stocks, indices, cryptocurrencies, and commodities. Its approach to trading is characterized by a blend of technological sophistication and user-friendliness, aiming to accommodate both novice and seasoned traders.

The platforms notable features include the AdmiralTrades Platform and the CFD WebTrader, both designed to facilitate efficient and convenient trading experiences. These platforms are accessible without the need for any downloads and are compatible with various devices, ensuring flexibility and ease of use for traders. Admiral Trades also emphasizes educational support, offering resources such as investment research, analytics from Trading Central, and personalized sessions with market analysts, especially for higher-tier account holders.

Overview of Admiral Trades

Is Admiral Trades Legit?

Admiral Trades is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like Admiral Trades, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

Is Admiral Trades Legit?

Pros and Cons

Admiral Trades presents a mix of appealing features and notable drawbacks. On the positive side, the platform offers a wide range of trading instruments, allowing traders to diversify their portfolios across various markets including Forex, stocks, indices, cryptocurrencies, and commodities. Its trading platforms are user-friendly, catering to both new and experienced traders with ease of use and efficient functionality. The tiered account system, accompanied by varying bonuses, provides flexibility and incentives for traders of different investment capacities. Additionally, Admiral Trades emphasizes educational development, offering comprehensive resources such as investment research and personalized sessions with market analysts for advanced account holders. Multiple deposit methods are available, enhancing the convenience for users in managing their funds.

However, the primary downside of Admiral Trades is its unregulated status, which brings a set of risks. This lack of regulation can potentially lead to concerns regarding the safety and security of funds, as well as transparency in its operations. Furthermore, being unregulated may limit the avenues available for dispute resolution, posing a challenge for traders in case of any disagreements or issues.

Pros Cons
  • Wide range of trading instruments
  • Not regulated
  • User-friendly trading platforms
  • Potential risks due to lack of regulation
  • Various account types with bonuses
  • Limited transparency and dispute resolution
  • Comprehensive educational resources
  • Multiple deposit methods

Trading Instruments

Admiral Trades offers a diverse range of trading instruments catering to different types of investors and traders, ensuring a comprehensive trading experience on their platform.

Forex Trading:

At Admiral Trades, Forex trading is a key offering. This involves the buying and selling of currencies, allowing traders to speculate on the changing values of currencies relative to each other. The platform offers Forex trading with the advantage of low costs and no commissions, making it an attractive option for those looking to trade in the global currency markets.

Indices:

Indices trading at Admiral Trades involves investment in some of the best-performing companies represented in major stock indices. This allows traders to speculate on the performance of entire sectors or economies without having to trade individual stocks. Indices are a popular choice for those looking to gain exposure to specific market segments.

Cryptocurrencies:

Recognizing the growing trend and popularity of cryptocurrencies, Admiral Trades provides opportunities to trade in this dynamic market. Cryptocurrencies like Bitcoin, Ethereum, and others have introduced new trading opportunities, often characterized by high volatility and potential for significant returns.

Stocks:

Admiral Trades offers a wide selection of global stocks for trading. This enables traders to diversify their portfolio by investing in different companies across various sectors and regions. Stock trading with Admiral Trades allows for direct investment in individual companies, providing potential for capital growth based on company performance.

Commodities:

The platform also gives access to a variety of commodities for trading. Commodities trading involves primary goods such as gold, silver, oil, and agricultural products. This type of trading is often used for hedging against inflation or portfolio diversification.

Trading Instruments

Here is a comparison table of trading instruments offered by different brokers:

Broker Admiral Trades RoboForex FxPro IC Markets
Forex Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Crypto Yes Yes Yes Yes
CFD No Yes Yes Yes
Indexes Yes Yes Yes Yes
Stock Yes Yes Yes Yes
ETF No Yes No Yes
Options No No Yes No

Account Types

Admiral Trades offers a tiered range of account types, each designed to suit various levels of trading experience and investment capacity.

The Standard Account is the entry-level option, requiring a minimum deposit of $250. It is ideal for newcomers to trading, featuring a minimum spread from 1.5 pips and a maximum leverage of up to 1:200. This account also offers a bonus of up to 30%, along with 24/5 customer support and an introductory call from a personal account manager, making it a suitable choice for those just starting out in the trading world.

Moving up, the Silver Account is designed for more experienced traders, with a higher minimum deposit of $2,500. It maintains the same minimum spread as the Standard Account but increases the maximum leverage to 1:300. Additionally, the bonus potential is increased to 50%. Apart from 24/5 customer support, holders of this account benefit from having a personal account manager and receiving investment research and analytics from Trading Central.

The Gold Account caters to more serious traders, with a substantial minimum deposit of $10,000. This account type offers more favorable trading conditions, including a lower minimum spread starting from 0.8 pips and a higher maximum leverage of up to 1:400. The bonus potential is also enhanced to 70%. Along with the benefits offered in the Silver Account, Gold Account holders enjoy monthly sessions with a senior market analyst, adding significant value for those looking to deepen their market understanding.

For the elite traders, Admiral Trades offers the VIP Account, which requires a minimum deposit of $50,000. This premium account features the most advantageous trading conditions, including a minimum spread from 0 pips and the highest maximum leverage of up to 1:500. VIP Account holders can avail themselves of bonuses up to 100%. The account includes all the benefits of the Gold Account, plus weekly sessions with a senior market analyst, exclusive trading strategies, and the development of an individual business plan. This account is tailored for high-volume, professional traders seeking the most comprehensive support and advanced trading resources.

Each account type at Admiral Trades is structured to progressively offer more features and benefits, aligning with the trader's experience level and investment size, from beginners in the Standard account to the most experienced professionals in the VIP account.

Account Types

How to Open an Account

To open an account with Admiral Trades, follow these steps.

  1. Visit the Admiral Trades website. Look for the “Open Account” button on the homepage and click on it.

How to Open an Account?

2. Sign up on websites registration page.

How to Open an Account?

3.Receive your personal account login from an automated email

4.Log in

5. Proceed to deposit funds to your account

6. Download the platform and start trading

Leverage

Admiral Trades offers varying levels of leverage depending on the account type a trader chooses. Leverage in trading allows traders to control a larger position with a smaller amount of capital, amplifying both potential profits and losses.

For those starting with the Standard Account, Admiral Trades offers a maximum leverage of up to 1:200. This level of leverage is suitable for beginners, providing them with enough room to experience leveraged trading without excessive risk.

As traders move to more advanced account types, the leverage offered increases. The Silver Account ups the ante with a maximum leverage of up to 1:300, catering to more experienced traders who are comfortable taking on additional risk for potentially higher returns.

For serious market participants, the Gold Account extends leverage up to 1:400. This higher leverage level is aligned with the needs of traders who engage in more substantial trades and are adept at managing the risks associated with high leverage.

At the top tier, the VIP Account offers the highest leverage of up to 1:500. This level of leverage is tailored for professional, high-volume traders who have a deep understanding of the market and are capable of handling the significant risks and rewards that come with such high leverage.

Here is a comparison table of maximum leverage offered by different brokers:

Broker Admiral Trades FxPro VantageFX RoboForex
Maximum Leverage 1:500 1:200 1:500 1:2000

Spreads and Commissions (Trading Fees)

Admiral Trades offers a variable structure for spreads and commissions across its different account types, tailoring them to suit the needs of various traders.

For the Standard Account, spreads start from a minimum of 1.5 pips. This wider spread is typical for entry-level accounts, making it suitable for beginners or those new to trading who might be starting with smaller volumes.

The Silver Account maintains the minimum spread starting from 1.5 pips as well. While the spread remains the same as the Standard Account, the Silver Account is designed for more experienced traders and offers additional services.

As traders advance to the Gold Account, the spreads become more competitive, starting from as low as 0.8 pips. This tighter spread is advantageous for serious traders who deal with larger volumes, as it can significantly reduce the cost per trade.

For the most advanced traders, the VIP Account offers the most favorable conditions, with spreads starting from 0 pips. This near-zero spread is ideal for high-volume, professional traders who execute frequent trades and can greatly benefit from such low-cost trading conditions.

Deposit & Withdraw Methods

Admiral Trades provides its traders with several safe and secure options for depositing funds into their trading accounts. The available methods encompass traditional and electronic banking solutions, catering to a variety of preferences.

- Bank Wire Transfers: One of the primary methods for depositing funds is through bank wire transfers. This option is widely used due to its security and reliability, especially for transferring larger amounts of money.

- Credit/Debit Cards: Admiral Trades also accepts deposits made via credit and debit cards. This method is popular for its convenience and speed, allowing traders to fund their accounts almost instantly.

- Electronic Wallets: In addition to these traditional methods, Admiral Trades supports deposits through some of the most popular electronic wallets. E-wallets offer a quick and easy way to transfer funds, often with lower fees and enhanced convenience.

To start trading with Admiral Trades, a minimum deposit of $250 is required. This initial deposit is relatively modest, making it accessible for a wide range of traders, from beginners to more experienced individuals.

Trading Platforms

Admiral Trades offers a user-friendly and advanced trading platform known as the AdmiralTrades Platform, which caters to a broad spectrum of trading activities.

- Wide Range of Assets: The platform provides access to various tradable assets like stocks, Forex, indices, cryptocurrencies, and commodities.

- Customizable and Compatible: It features a customizable interface that is compatible with different types of devices, ensuring flexibility for traders.

- Advanced Tools: The platform is equipped with advanced charting tools and technical indicators, aiding in effective market analysis.

- No Download Required: Additionally, Admiral Trades offers the CFD WebTrader platform, a web-based platform that requires no downloads, allowing traders to access markets anytime and from anywhere.

- Efficient Trading: Both platforms emphasize fast and efficient trade executions, designed to cater to both novice and experienced traders.

Overall, Admiral Trades' platforms provide a comprehensive and convenient trading experience, suitable for various trading strategies and preferences.

Trading Platforms

Customer Support

Admiral Trades offers a robust customer support system designed to assist clients with their queries and trading needs. The company has established its primary office in London, United Kingdom, at 52 Berkeley Street, providing a physical location for in-person inquiries or official correspondence.

Additionally, Admiral Trades has set up multiple contact numbers to cater to clients from different regions. These contact numbers include a UK-based line (+442081574885) and three additional lines likely intended for international clients (+61370196932, +61370196944, +61370196942). This multi-line telephone support system ensures that clients can reach the support team easily and receive timely assistance.

For those who prefer digital communication, Admiral Trades also provides support via email at support@admiraltrades.com. This channel is particularly useful for non-urgent queries or when detailed documentation or a written record of the communication is required.

Customer Support

Educational Resources

Admiral Trades offers a comprehensive suite of educational resources designed to enhance the knowledge and skills of its clients across various levels of trading expertise. These educational tools are tailored to provide both foundational and advanced learning opportunities in the trading domain.

At the foundational level, Admiral Trades introduces new traders to the world of trading with introductory guidance from personal account managers. This initial guidance is crucial for beginners, as it covers essential trading concepts, platform navigation, and basic market strategies. The availability of 24/5 customer support further enriches this learning experience, providing a reliable source for ongoing education and assistance with trading queries.

For those seeking deeper insights into market trends and analysis, Admiral Trades provides access to investment research and analytics, notably from Trading Central. This resource offers valuable market analyses, helping traders develop a more nuanced understanding of market movements and trading opportunities. Such analytical tools are instrumental in aiding traders to make more informed decisions and refine their trading strategies.

Moreover, Admiral Trades enhances the educational journey for more serious and experienced traders by facilitating interactions with market experts. These interactions, typically in the form of sessions with senior market analysts, offer in-depth insights into advanced trading strategies, market dynamics, and personalized trading advice. This level of education is particularly beneficial for traders looking to deepen their market knowledge and apply more complex trading techniques.

In addition to these resources, the platform also focuses on providing educational content that aids in the development of exclusive trading strategies and personalized business plans for its top-tier clients. This aspect of education is geared towards professional traders seeking to tailor their trading approach to align with their individual goals and market perspectives.

Educational Resources

Bonus

Admiral Trades offers a bonus structure that varies depending on the account type a trader opts for. This structure is designed to reward traders with additional trading capital based on their initial deposit amount, incentivizing higher deposits with more substantial bonuses.

For traders starting with the Standard Account, there is an offering of a bonus up to 30%. This bonus is tailored to cater to newcomers or those starting with smaller investments, providing them with extra capital to begin their trading journey.

As traders increase their investment, the bonus percentage also rises. The Silver Account carries a higher bonus, offering up to 50%. This increased bonus is intended to appeal to more experienced traders who are willing to invest more capital.

For the more serious investors choosing the Gold Account, the bonus percentage goes up further, offering up to 70%. This higher bonus percentage is aligned with the substantial investment required for this account type, giving traders a significant increase in their trading capital.

The most premium account, the VIP Account, offers the highest bonus of up to 100%. This substantial bonus mirrors the high level of investment made by VIP traders, providing a substantial boost to their trading resources.

Conclusion

Admiral Trades offers an extensive range of trading instruments and user-friendly platforms, appealing to a wide spectrum of traders with its diverse account types, educational resources, and multiple deposit methods. The platform is particularly attractive for its comprehensive educational support and the flexibility provided by its tiered account system. However, the lack of regulatory oversight casts a shadow over its offerings, raising concerns about fund safety, operational transparency, and the effectiveness of dispute resolution. While Admiral Trades presents a potentially advantageous trading environment, the absence of regulation is a significant factor that potential clients must weigh carefully.

FAQs

Q: Is Admiral Trades regulated by any financial authority?

A: No, Admiral Trades is not regulated by any recognized financial regulatory authority.

Q: What types of assets can I trade with Admiral Trades?

A: Admiral Trades allows trading in Forex, stocks, indices, cryptocurrencies, and commodities.

Q: What are the minimum deposit requirements at Admiral Trades?

A: The minimum deposit at Admiral Trades starts at $250, varying by account type.

Q: What platforms does Admiral Trades offer for trading?

A: Admiral Trades offers the AdmiralTrades Platform and the CFD WebTrader platform for trading.

Q: How can I deposit funds into my Admiral Trades account?

A: You can deposit funds into your account via bank wire transfers, credit/debit cards, and electronic wallets.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

Chua SheiPern
more than one year
Trading conditions at Admiral Trades look good! I decided to give their demo account a try. After all, a demo account won't really cost me money. It can be used as a forex trading game.
2023-03-09 10:21
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com