Summary
Admirals, previously called Admiral Markets, is a global online trading broker regulated by the FCA, ASIC, and more, offering a comprehensive array of leveraged CFD instruments, spanning forex, stocks, indices, ETFs, commodities and cryptocurrencies. Operating under stringent regulatory oversight, the broker ensures a secure trading environment for its clients.
Traders have the option to choose from the well-known MetaTrader 4 and MetaTrader 5 platforms, as well as Admirals’ proprietary mobile trading platform. The broker’s extensive range of over thousands of instruments, combined with the availability of both spread betting and CFDs, sets it apart by offering exceptional flexibility compared to its competitors.
With a strong 20+ year track record in the industry, Admirals has gained the trust of traders worldwide. Whether you’re an entry-level trader or an experienced one, this broker equips you with the necessary tools and resources to navigate the markets effectively.
Admirals trading instruments
Admirals offers a wide range of financial instruments to trade, including Forex, CFDs on stocks, indices, precious metals and energy. They also offer a free demo account so you can practice your trading strategies before committing to a live account. Here is a comprehensive view of Admirals full product offering.
Forex trading
Admiral offers 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from. UAE traders can also benefit from fast execution and support from extra features including a pip calculator.
Stock trading and investing
Admiral’s clients based in Dubai and the UAE can trade CFDs on an impressive range of 3350+ stocks from 17 different global exchanges with low commissions. Traders can also physically invest in company shares directly with low commissions, along with fractional investing for clients looking to invest with smaller budgets.
CFD trading
Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs. UAE clients can also access 11 commodity futures and 5 metal CFDs.
Admirals commissions, spreads and fees
Admirals incorporate its fees within the spread of the traded instrument, varying by platform and account type. They offer four account types with spreads ranging from 0.5 to 0.7 pips. Commission-free accounts start at 0.5 pips (EUR/USD), while Zero Accounts charge $6 per round turn with spreads as low as 0.1 pips (EUR/USD). Stock and ETF trades incur a $0.02 fee per trade.
Non-trading fees include a $10 monthly inactivity fee for accounts dormant for over 2 years. Overnight positions incur swap rates, avoidable with an Islamic Swap-Free account which instead charges an administration fee for positions held over 3 days.
UAE clients receive one free withdrawal per month, with subsequent withdrawals incurring a 1% fee.
Admirals deposits & withdrawals
Deposits
Traders from Dubai and the UAE can fund their Admirals accounts using various methods, including bank transfers, MasterCard, and Visa, all without extra transfer fees. E-wallet options such as Neteller, Skrill, and PayPal are also available. The minimum deposit ranges between $1 to $25, depending on your account type.
Withdrawals
Withdrawals can be made using the same methods as deposits. Bank transfers may take up to 3 days, while other methods are processed instantly. Clients are entitled to one free withdrawal per month, with a minimum withdrawal amount of $1. Additional withdrawals within the same month incur a 1% fee.
Admirals trading platforms
Admirals has joined forces with MetaQuotes to present an extensive selection of MetaTrader platforms. These encompass MT4, MT5, MetaTrader WebTrader, and the MetaTrader Supreme Edition.
For Mac users, Admirals extends compatibility through Parallels, ensuring seamless utilization of MetaTrader platforms on Mac devices.
MetaTrader 4 (MT4)
MetaTrader 4, renowned as the world’s premier retail trading platform, shines particularly in forex and CFD trading. This software is accessible for download on both Mac and Windows devices. Recognized for its speed and reliability, MT4 comes equipped with a host of valuable features:
- Multiple time frames
- Automated trading facilitated by APIs.
- Customizable trading indicators
- Comprehensive historical data
- Advanced charting capabilities
- One-click trading
MetaTrader 5 (MT5)
MetaTrader 5 stands as the evolution of MT4, tailored to cater to the preferences of more experienced traders.
With an array of advanced technical analysis tools and a fully customizable interface, MT5 emerges as a potent all-encompassing platform. Admirals extends MT5 for stock and ETF investing, boasting distinctive features such as:
- Educational market integration
- Provision of free market data
- Live news feeds
- Support for VPS services
MetaTrader Supreme Edition
Designed with more advanced traders in mind, the MetaTrader Supreme Edition offers an arsenal of potent tools for optimizing trade operations.
This platform showcases an array of sophisticated technical analysis indicators, award-winning pattern recognition technology, diverse holding timeframes, day trading strategies, and the added convenience of Global Opinion widgets for streamlined management of multiple currencies and orders.
Admiral’s Proprietary Trading App
In addition to its MT4 and MT5 lineup, Admiral also offers its in-house proprietary mobile app that is sleek, intuitive and easy to set up. This all-in-one app allows UAE clients to invest in shares and ETFs from as little as $1, and trade CFDs and forex from $100.
The app also features free educational resources build into the app.