What we liked about Admiral Markets
Admiral Markets has overall low spreads compared to other brokers. They offer 32 cryptocurrency pairs with a fixed spread of 1% which is below the CFD market average. Admiral Markets order execution time is pretty quick and relieable. Admiral Invest allows traders to invest in real stocks with cheap conditions.
What we disliked about Admiral Markets
Admirals biggest weak point is their low effort CFD-Stock offer. Most CFD-stocks have a high comission and with a medium spread. Their second weakness is their lack of CFD-Futures for trades who want to save on swap fees. Admiral has a low percentage of successful traders compared to the market average.
BrokerCheck Review of Admiral Markets
Admiral Markets shines with its above-average support & customer friendliness. The obligation to make additional contributions was not common even before the Bafin and EU Regulation. The trading costs for short trades are below average, but higher for longer hold times. The typical Dax spread is for example only 0.8 points. However, no index future variants are offered, which is why daily holding costs (swaps) would be incurred. The range of CFD’s for equities could be expanded even further. Admiral often offers bonus promotions such as spreadback or the permanent loyalty/bonus system. All in all, our Admiral Markets experience has been very positive and nothing negative has been reported to us so far. The trading software used is mainly based on the metatrader and is therefore similar to most CFD brokers. Admiral offers many cryptocurrencys with a low floating spread around 1%.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this Broker.
Top 5 Broker
What is the ESMA? The European Securities and Markets Authority (ESMA) is an EU body aimed at protecting investors and ensuring the integrity, stability and