Admiral Markets Review 2020 – Is this broker good?
| General Information |
|
|---|---|
| Broker Name: | Admiral Markets |
| Broker Type: | Forex Broker |
| Country: | United Kingdom |
| Operating since Year: | 2001 |
| Regulation: | FCA, 595450, CySEC, 201/13, ASIC, 410681 |
| Address: | 16 St Clare Street, London, EC3N 1LQ UK |
| Broker Status: | Regulated |
| Customer Service | |
| Phone: | +44 20 35 140 756 |
| Email: | support@admiralmarkets.com hello@admiralmarkets.com |
| Languages: | EN,ES,PT,IT,DE and others |
| Availability: | 24/5 |
| Trading | |
| Trading Platforms: | MT4, MT5, Web Trader, Mobile Trader |
| Trading Platform(s) Timezone: | GMT +2, GMT +3 |
| Demo Account: | Yes |
| Mobile Trading: | Yes |
| Web-based Trading: | Yes |
| Bonuses: | Yes |
| Other Trading Instruments: | Currencies, Indices, Shares, Commodities, Cryptocurrencies, Bonds |
| Account | |
| Minimum Deposit ($): | 100 USD |
| Maximum Leverage: (1:?) | 1:500 |
| Spread: | Variable |
| Scalping Allowed: | Yes |
Review Contents:
- Introduction to Admiral Markets Review;
- Regulation And Safety;
- Trading Products;
- Admiral Markets Trading Account Types;
- Trading Platforms;
- Deposits and Withdrawals;
- Admiral Markets Review Summary.
Introduction to Admiral Markets Review
If you’ve ever tried to search for blogs and articles that teach you about forex markets, you probably have read an article or two from Admiral Markets.
Founded in 2001, Admiral Markets is among the longest-running online brokerages in the world of forex. It’s the brand name of Admiral Markets Group. It has offices in the United Kingdom, Estonia, Cyprus, and Australia.
This broker is dedicated to expansion, turning into a truly global organization. There’s a lot that this broker has to offer too. So, let’s dig into it.
Admiral Markets Regulation and Safety
There’s no question about Admiral Markets’ legitimacy. It has investment firms that are publicly known for good reputation and services. The regulations also come from different authorities, such as:
- Financial Conduct Authority (FCA)
- Estonian Financial Supervision Authority (EFSA)
- Cyprus Securities and Exchange Commission (CySEC)
- Australian Financial Services License (AFSL)
- Australian Securities and Investment Commission
These regulators are among the top-tier regulating bodies, with the FCA and ASIC being tier-one regulators.
So, if you’re asking whether regulators know this broker and know what it’s doing with its client, you’re going to be satisfied with the regulatory status. Also, you can easily find the regulatory license numbers and registrations on Admiral Markets’ website.
As for the safety of funds, Admiral Markets keeps the client funds safe using a variety of policies. It also promises to protect investors from other similar risks.
The Funds
Funds are in segregated funds separate from the broker’s funds in compliance with FCA policies. This rule ensures that the broker cannot and doesn’t use the clients’ funds for any other purposes. There should be no mix-ups in funds.
At the same time, Admiral Markets also follows the Financial Services Compensation Scheme (FSCS). This policy compensates clients as much as 85,000 British pounds should the company stumbles upon tough financial times.
Then, there is also the negative balance protection that compensates Professional Clients for up to £50,000 per client.
In other words, Admiral Markets takes client protection seriously. It is less likely to lose money when trading with Admiral Markets.
Admiral Markets Trading Products
Online trading has made it easier for traders to access a ton of tradeable assets at the tip of their fingers. Admiral Markets ensures that its clients benefit from this feature of technology.
Admiral Markets is a forex and CFDs broker. Among the instruments you can trade are:
- Forex
- Cryptocurrency CFDs
- Index CFDs
- Share CFDs
- Bond CFDs
- Commodities CFDs
Its forex offering has more than 40 CFDs on currency pairs, with variable spreads and maximum leverage of 1:500. It offers all the major currency pairs, minor pairs, and even exotic ones. There are live updates that help you track the progress of your trades in real-time.
Admiral Markets is also a huge fan of cryptocurrencies. It lets its traders trade CFDs on various cryptocurrency pairs, such as:
- BTHUSD
- BTCUSD
- ETHUSD
- LTCUSD
- XRPUSD
Their cryptocurrency products have competitive leverage rates. It offers 1:5 leverage for Professional Clients, while 1:2 leverage is available for Retail Clients. You can also trade in any direction, whether long or short when you are trading crypto. But you don’t have to own real crypto assets, just CFDs. Please consider, that CFDs are complex instruments. There is high chance of losing your money when trading CFDs. So, trading CFDs, requires particular trading experience.
Volatility Protection Settings
Admiral Markets also know that while volatility is necessary for traders to profit, it can also be the ax that will cut their trading career short.
This online broker knows that traders need protection from so much volatility, so it created Volatility Protection Settings.
With this feature, Admiral Markets is widening your trading orders and settings. You can limit the maximum price slippage on the market and stop orders. If done right, you can even altogether avoid losses on pending orders into price gaps.
In short, this feature lets you use a ton more functions with your orders. You gain more control of your trade.
What can we say about this? Admiral Markets knows what it’s doing when it comes to client protection. That’s the tea.
Admiral Markets Trading Account Types
Admiral Markets offer different sets of account types depending on the region where you are trading.
If you’re in London, under FCA, you can choose:
- Admiral.MT5 Account
- Admiral.Invest Account
- Admiral.Markets Account
- Admiral.Prime Account
If you’re under the ASIC and CySEC jurisdiction, you get access to:
- Admiral.MT5 Account
- Admiral.Markets Account
- Admiral.Prime
Admiral MT5 Account
MT5 is the newest generation of the MetaTrader platform, coming after the MetaTrader4 platform, which is highly popular for forex traders.
With the Admiral.MT5 account, traders enjoy featured-filled trading. Moreover, MT5 has a lot more features than MT4, and it also improved on the perceived weaknesses of its predecessor, namely that it was only mainly used for forex trading. The MT5 can be for many other markets.
With this account, traders can use the leverage of up to 1:30 (1:500 for Professional Clients), with spreads from 0.5 pips. The minimum deposit is $200.
Admiral Markets Account
This account is among those that use the MT4 platform, which, as we’ve mentioned, is the most popular platform for forex traders.
It offers forex and CFDs on various instruments for a minimum deposit of $200. The maximum leverage for Professional Clients is 1:500 and 1:30 for Retail Clients. Spreads start at 0.5 pips.
Admiral Invest
Now, Admiral Markets know that the forex market isn’t the only financial market in the world. The Admiral Invest account offers stock and ETF trading in this account. It allows traders to invest in these assets using the MT5 platform.
Unfortunately, though, this account doesn’t offer any leverage. The minimum deposit at $500 is also more than twice the amount for the other accounts. The spreads start at 0.0 pips.
Admiral Prime
This account is for active traders who want to trade forex and CFDs. The minimum deposit for this account is the highest: $1000. Retail Client leverage is 1:30, while Professional Clients can use as high as 1:500 leverage. Spreads start at 0.0 pips. This account runs on the MT4 platform, which is also highly popular among active traders.
Overall, Admiral Markets have a pretty good selection of trading accounts, covering various types of traders. Of course, they also offer demo accounts for those who want to practice trading.
Trading Platforms
Apart from the variety of trading accounts, Admiral Markets also offers a variety of trading platforms. And while we’ve given you a gist of both the MT4 and MT5, it’s worth going through their features again to let you see just how good they are.
MetaTrader5
As we have mentioned, MT5 is the newest trading platform from MetaQuotes, which is famous for creating the industry standard MT4.
MT5 works miracles on trading. It offers the trader access to thousands of markets, superior charting capabilities, trading robots, level II pricing, and VPS support, among many other features.
MT5 is available on Android, iOS, Windows, and Mac. So, you can trade using it anytime and anywhere.
Offering this platform is a good move for Admiral Markets. Unlike other brokers that offer only the MT4 platform, Admiral Markets shows that it is willing to expand and adapt to the changing technological environment. This quality is a plus point for the broker.
MetaTrader4
But even if the MT5 is gaining stronger footing with broker and trader demands, the MT4 is still the most widely used trading platform in the world. It’s easy to see why.
The MT4 has been around for years, and through that time, it has improved on a lot of things.
Traders have also been familiarized with its features so much that switching to another platform may not be so practical for them if they can still use MT4.
The MT4 is super user-friendly, flexible, secure, customizable, and fast. It’s also famous for its automated trading and advanced charting features. It doesn’t fail to satisfy traders who use it.
Similar to the MT5, the MT4 can be on any mobile device and mainstream operating systems.
Traders can use it anytime they want and anywhere they are.
Of course, you can also use the MetaTrader WebTrader, which doesn’t require any download and is compatible with any OS.
MetaTrader Supreme Edition
Now, if you are bored with the usual MT4 and MT5 stuff, you can choose the MetaTrader Supreme Edition, where you can access a truckload more features to your trading.
The supreme edition is free for live and demo accounts so that you can test it for free at admiral markets. You can perform technical analysis with Trading Central and Trader Insight, which uses superb technical analysis on every financial instrument.
There are also the Global Opinion widgets — powerful add-ons that ensure better and more efficient trading. You also have the Mini-Terminal, Tick Chart Trader, Trade Terminal, Indicator Package, and many more.
In fact, Admiral Markets wants you to have everything.
Admiral Markets Deposits and Withdrawals
The Admiral Markets also offers a ton of ways to deposit and withdraw funds. The methods include:
- Bank Transfers
- Visa and MasterCard
- eWallets
Minimum deposits and withdrawals are different for each method (some a free), while your location may also affect the charges you will pay.
More importantly, there have been no issues in regard to the funds of clients in this broker.
Admiral Markets Review Summary: Is it Good?
With a ton of features, a wide variety of account types fit for many kinds of traders and investors, and fully packed trading platforms, it is challenging to deny Admiral Markets the chance to prove it’s a good broker.
It’s not only a good broker—it’s an excellent one, according to other reviews we’ve seen so far. This forex and CFDs broker ensures that traders have control over their trades and trading career.
Is it Good Broker?
If you’re a trader who wants variety and flexibility, as well as superb customer care, Admiral Markets is more than worth the shot.
All in all, we can say that Admiral Markets is a stable platform for trading. Their customer service is available 24/7 for live chat.
Thus, for MetaTrader enthusiasts looking for the entire MetaTrader platform suite, numerous trading tools, and add-ons, Admiral Markets is the right choice. It finished in first place for education. Moreover, Admiral Markets was voted number one in Best in Class Broker MetaTrader in 2020, out of all MetaTrader brokers. The company offers numerous additional tools for trading and a competitive range of tradeable products.
As already said, it has regulatory licenses across continental Europe, Estonia, Cyprus, the United Kingdom, and Australia.
Admiral Markets Review
Name: Admiral Markets
Description: Founded in 2001, Admiral Markets is among the longest-running online brokerages in the world of forex. As for the safety of funds, Admiral Markets keeps the client funds safe using a variety of policies.
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Support
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Platform
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Trading Instrument
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Bad withdrawal process
The withdrawal process is really very annoying. Aside from those tons of documents asked for, waiting takes longer time than usual.
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Scammers
Do not trust them. They are scammers.
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Slow withdrawals
Frustrated that I have to wait long enough for my withdrawals. They ask me to wit every time I do a follow-up call.
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Poor trading company
Poor trading company. Do not deal with them.
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Poor trading company
Poor trading company. Do not deal with them.
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Slow withdrawals
Slow withdrawal process. There are so many required terms and documents.
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Poor trading platform
Outdated platform with so many technical errors. I always encounter problems on their trading platform which are left unresolved.
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Nonsense broker signals
Nonsense broker signals. They come up with market movement analysis that are really not good at all.
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Beware
Unregulated and fake broker company. Beware.
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Do not deal
I have lost huge money here. Do not deal with them.
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Scammers
I was scammed by this broker. I am unable to withdraw.
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Poor trading services
It took them so long to process withdrawals. And there are so many requirements. Not a good broker to invest your money. Poor services and slow withdrawals.
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Bad company
Bad trading company. They gave me hard time on withdrawals.
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Poor tools
Poor trading tools. I always have to face technical issues.
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Poor trading platform
Outdated platform with so amny technical errors. I always encounter problems on their trading platform which are left unresolve.
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Poor trading services
It took them so long to process withdrawals. And there are so many requirements.Not a good broker to invest your money. Poor services and slow withdrawals.
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Do not allow withdrawals
I have so many regrets choosing this broker service. They are not good enough and worst they do not allow withdrawals.
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Worst trading company
One of the worst trading company. They keep on denying my withdrawal request.
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Get rid of them
Please get rid of this broker. They trick people to collect money.
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Poor broker
Poor broker performance. They are not good at all.
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Not a responsible broker
Not a responsible broker. Most of the time they are unavailable to help and they do not give a damn on concerns after withdrawals.
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Not my ideal broker
Not my ideal broker,they are not available almost all of the time. I always had hard time them for help.
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Not worth it
Irrelevant trading advise and inaccurate market analysis. Not worth it.
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Unreliable broker
Do not rely on their signals and services. They are not skilled brokers.
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Poor trading company
Poor trading company. People are hard to deal with and withdrawal is very slow.
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Bad broker
They do not pay out profits. I have trade and got some profits however I can not withdraw I was even ask to invest for more.
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Slow withdrawals
Very slow withdrawals. Services are fair, not bad but not that good, just average. But when it comes to withdrawals, it’s the worst.
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Not a trusted broker company
Not a trusted company to trade with. They conceal their identities and use fake names and phone numbers.
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Worst trading software
Worst trading software. It has so many features that make trading easy and more organized.
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Bad broker
Do not invest money here. it is never worth it. I have lose huge money here.
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Gambling
Pain to see, I am simply gambling and nothing is really sure.
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Denied withdrawals
I am so much worried about my funds. They keep on denying my withdrawal request as if it is hopeless to get my money back.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Worst trading services
Worst trading services. I will never recommend this broker company.
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Not a responsible broker
Not a responsible broker. Most of the time they are unavailable to help and they do not give a damn about concerns after withdrawals.
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Took all my money
Cruel people. They’ve left me with nothing but financial problems. They took all my money away.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Far from reality.
False profit projection. It is too good to be true, very far from reality.
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Do not believe
Do not believe their lies. They are just trying to fool people.
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Poor forex broker
I thought they are good brokers but apparently they are not. I had no choice but to quit trading with them.
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Poor customer service
Poor customer service. They are so unresponsive on emails and chats and are sounded very rude on the phone.
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Not recommended
Poor trading services and the worst withdrawal process I have ever seen. Not recommended.
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Poor customer service
Poor customer service. As if they are not trained to assist people.
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Worst withdrawals
They held withdrawals by using bonuses. I suggest do not take bonuses from them if possible. All works fine except for withdrawal which is very slow.
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Unreliable broker
Do not rely on their signals and services. They are not skilled brokers.
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Unreliable
Unreliable all the time. Signals are not accurate and they are always unavailable every time I need help on my trading account.
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Worst customer service
Worst customer service. Out of all the brokers I have traded with, they have the worst customer service. Can’t even help me in any of my trading concerns.
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Bad trading company
Bad trading company. They never pay my profit.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Do not trust
Don’t ever trust this broker company. They have stolen all my money on my bank account.
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Worst trading company
One of the worst trading companies. They keep on denying my withdrawal request.
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Poor trading platform
Outdated platform with so many technical errors. I always encounter problems on their trading platform which are left unresolved.
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Unreliable broker
Unreliable trading brokers and poor customer service. I will never trade with them again.
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Bad brokers
They never refund money and don’t have fair judgment. I lost a few trades due to platform technical issues and yet they are not willing to help me.
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Do not allow withdrawals
I have so many regrets about choosing this broker service. They are not good enough and worst they do not allow withdrawals.
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Terrible
Terrible customer service and brokers are not skilled enough to execute good account handling.
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Nonsense broker signals
Nonsense broker signals. They come up with market movement analysis that are really not good at all.
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Do not deal
Do not deal with them. They are not going to approve withdrawal requests in any way.
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Do not pay profit
Do not pay a profit. Not a friendly broker.
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Unhappy with this broker
I am not happy with their overall performance. I am not getting good trading results with this broker.
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Poor trading services
It took them so long to process withdrawals. And there are so many requirements. Not a good broker to invest your money. Poor services and slow withdrawals.
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Inaccurate signals
Not an ideal trading broker. The signals are inaccurate.
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Do not deal with them
Poor trading services. Slow withdrawals and unresponsive customer service. Do not deal with this broker service.
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Lose money here
I thought this company could help me make money but I was wrong. I lose all my money instead.
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Slow withdrawals
Slow withdrawal process. There are so many required terms and documents.
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Impossible to withdraw
There are a lot of options in the funding account but a few on withdrawals. Easy to deposit but almost impossible to withdraw.
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Outdated tools
Tools are outdated. Charts are very confusing.
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Beware
Beware of the offers. It will only cause you losses.
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Blocks withdrawal
I advise everyone to stay away from this forex broker. They keep on collecting money but will block withdrawal requests by all means.
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Avoid this broker
Avoid this broker. I found out that they are not regulated. It was too late for me when I found out.
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Bad services
Bad services. Do not trade with them.
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Poor trading company
Poor trading company. Do not deal with them.
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Scammers
Make sure not to deal with these people, they are scammers and they steal money from people.
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Fake trading
I felt like what they have is fake trading. Did some basic research and the data I see on their software is different from reality.
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Unreliable broker
I can not trust this broker, signals and services are very unreliable. I’ll be changing brokers soon.
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Beware
Do not pay a profit. Beware.
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Poor trading services
It took them so long to process withdrawals. And there are so many requirements. Not a good broker to invest your money. Poor services and slow withdrawals.
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Difficult withdrawals
Very difficult to request withdrawals. Do not trade with them.
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Unprofessional
Unprofessional trading company. Avoid dealing with them.
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Unprofessional
Very unprofessional brokers. They do not meet scheduled callbacks and did not meet commitments.
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Poor broker
Poor broker performance. They are not good at all.
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Slow withdrawals
Slow customer service and slow withdrawals. The rest of the services are fine except for these.
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Worst withdrawals
I will not recommend this broker to anyone. I have used their services in the past and I can say they have the worst withdrawal process.
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Unreliable brokers
Unreliable trading brokers. Signals are not worth it.
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Rude customer service
Disrespectful customer service. I called to ask for help but they have been very rude.
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Rude customer service
Disrespectful customer service. I called to ask for help but they have been very rude.
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Bad brokers
Do not use this broker service. They are just after your deposits. They do not even provide good signals.
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Avoid this
Avoid this broker by all means. They will only cause you trouble.
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Poor forex broker
I thought they are good brokers but apparently they are not. I had no choice but to quit trading with them.
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Be careful
I had lost so much money on the offers. Be careful.
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Did not approve withdrawals
They did not approve my withdrawals request. Not dealing with them again.
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Slow withdrawals
Stay away from this trading broker. Withdrawals are really slow.
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Not a responsible broker
Not a responsible broker. Most of the time they are unavailable to help and they do not give a damn on concerns after withdrawals.
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Poor trading advise
Poor trading advice. My reason for closing my trading account with them is their ineffective trading advice. It seems more like an opinion and not based on facts. It causes too many losses.
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Rude customer service
Disrespectful customer service. I called to ask for help but they have been very rude.
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Poor tools
Poor trading tools. I always have to face technical issues.
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Bad customer service
Bad customer service. They sounded very rude and manipulating.
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Not a skilled broker
I do not recommend trading with this broker. they are not skilled.
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Poor broker performance
I was able to observe some good points but there are more bad points that made me decide to close my trading account.
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Faulty platform
Faulty trading software. Do not use their services, not good at all.
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Bad broker
Very good on small trades but this changes upon depositing a bigger amount. I feel like they are just merely collecting cash and what they have is not really genuine trading.
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Inaccurate signals
Not an ideal trading broker. The signals are inaccurate.
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Good so far
There are so many negative remarks about them online, I wasn’t able to check prior to joining but so far all is good. Been with them for 2 weeks now.
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Slow withdrawals
I am not trading with this broker again. The withdrawal is really very slow.
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Poor platform
Poor trading platform. It is very difficult to use and has so many errors left unfixed.
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Stay away
Stay away from this broker company. Signals are not good enogh.
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Difficult withdrawals
Do not deal with this broker. It is almost impossible to get your money. Difficult withdrawals.
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Difficult withdrawals
Do not deal with this broker. It is almost impossible to get your money. Difficult withdrawals.
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Poor trading performance
They’ve been operating a long time in the industry but the performance is not good. I get a few winning trades but got more losses.
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Slow withdrawal process
I have tried trading with this, customer service is helpful and accomodating. The only problem I have encountered is their slow withdrawal process.
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Slow services
Slow services and worst platform. Customer service is always very unresponsive. Not worth trading with.
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Do not trust
Don’t ever trust this broker company. They have stolen all my money from my bank account.
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Do not invest
It is not a good idea to invest money in this kind of industry. More losses to expect.
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Not profitable
This broker company only tricks people to ask for more money but not paying for any profit. You can see earning but you will never be able to withdraw it, purely virtual. Do not waste your money and time with this broker.
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Unreliable
Unreliable trading services. Do not provide good signals.
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Incompetent broker
Very unprofessional people and incompetent services.
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Poor trading brokers
Inaccurate trading signals and poor trading terms. It is not a good idea to trade with this broker.
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Difficult withdrawals
Very difficult to request withdrawals. Do not trade with them.
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Poor trading performance
They’ve been operating a long time in the industry but the performance is not good. I get a few winning trades but got more losses.
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Bad broker
They do not pay out profits. I have traded and got some profits however I can not withdraw I was even asked to invest for more.
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Unable to withdraw
I will not trade with this broker anymore. I was not able to withdraw anything.
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Inefficient customer service
Inefficient customer service. They are always not available to assist and when they are, they can’t even resolve trading concerns.
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Stay away
Stay away from this broker company. Signals are not good enough.
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Not my ideal broker
Not my ideal broker, they are not available almost all of the time. I always had a hard time them for help.
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Poor customer service
Poor customer service. They do not communicate well and they’ve got poor comprehension. I always have to repeat myself a few times and end up not being misunderstood.
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Poor tools
Poor trading tools. I always have to face technical issues.
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Worst customer service
Worst customer service and broker to deal with. They do not know when to listen.
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Worst customer service
Worst customer service and broker to deal with. They do not know when to listen.
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Do not approve withdrawals
They do not approve withdrawal requests. I feel like there is something wrong.
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Troublesome withdrawals
There are so many terms to meet and so many requirements to provide. Troublesome withdrawals.
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Difficult withdrawal process
Somehow a good broker. People are nice and accomodating but they couldn’t really resolve withdrawal issues. I always had trouble with withdrawals during the time I am trading with them.
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Scammers
Notorious scammers. Avoid dealing with them.
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Poor signals
Unreliable trading signals. I can not even get a good trading outcome.
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Poor trading company
Poor trading company. Do not deal with them.
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Technical issues
Worst trading tools I have ever used. There are so many technical issues.
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Unreliable services
I’d rather trade on my own. The services are very unreliable.
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Poor customer service
Poor customer service. As if they are not trained to assist people.
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Slow withdrawals
I am not trading with this broker again. The withdrawal is really very slow.
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Irresponsible broker
Irresponsible brokers and customer service. Their negligence has caused me too many losses.
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Not a responsible broker
Not a responsible broker. Most of the time they are unavailable to help and they do not give a damn on concerns after withdrawals.
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Do not trust
They have stolen money from people who do not trust them.
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Not good at all
Not recommended. Services, signals, and tools are not good at all.
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Beware
Do not pay a profit. Beware.
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Ineffective broker
Ineffective trading signals and service. Not a good idea to trade with them.
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Promise too much
They promise too much. On the actual trading, they do not perform well.
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Slow withdrawals
Very slow withdrawals. This is the only thing I do not like about them. That is why I quit trading with this broker.
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Not satisfied
I am not satisfied with the services. I am not getting a decent profit.
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Poor customer service
Poor customer service. They are very unresponsive.
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Incompetent customer service
They have very incompetent customer service. Cannot assist me on my trading needs.
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Inaccurate signals
This for me is the worst broker for online trading. Signals are not even accurate.
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Bad trading company
Bad trading company. They never pay my profit.
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Inaccurate signals
Not an ideal trading broker. The signals are inaccurate.
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Trouble with withdrawal process
I am having trouble with their withdrawal process. I did start so strong with this broker but I am so upset that upon withdrawal, all will turn out worst.
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Worst trading services
Worst trading services. I will never recommend this broker company.
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Rude cstomer service
Disrespectful customer service. I called to ask for help but they have been very rude.
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Bad customer service
Bad customer service. They are rude and unhelpful.
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Avoid this
Avoid this broker by all means. They will only cause you trouble.
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Unreliable services
Slow customer service. They are really very unreliable.
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Unreliable broker
Do not rely on their signals and services. They are not skilled brokers.
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Expensive trading instruments
Very expensive trading instruments. I did gain anything from the offers.
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Unhappy with this broker
I am not happy with their overall performance. I am not getting good trading results with this broker.
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Do not deal with this broker
Do not deal with any of these brokers to trade forex. I have lost so much on this, I regret trading with them.
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Total scam
They are a total scam with no customer support.
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Bad brokers
Bad brokers. They practice unsolicited calls and force me to deposit more money on my trading account.
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Very unprofessional
Do not deal with this broker, they are very unprofessional. They place trades without my knowledge, it shouldn’t be the case they should ask permission or notify me prior to placing trades.
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Good so far
There are so many negative remarks about them online, I wasn’t able to check prior to joining but so far all is good. Been with them for 2 weeks now.
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Huge slippage
For over a month of trading with them, I have noticed huge slippage. I stop trading right away.
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Difficult withdrawals
Do not deal with this broker. It is almost impossible to get your money. Difficult withdrawals.
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Slow customer service
Slow and rude customer service. Very bad services as well. Withdrawal is very slow.
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Do not have good trading assets
Do not offer good trading assets. They have so much on their list but only a few are working well.
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Bad customer service
Bad customer service. The intonation of the representatives over the phone is sarcastic and rude.
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Got so many losses
I wonder why this broker does not work hard to give good signals. I got so many losses during the 3 months that I have traded with them. I guess they are just new to this and are not really skilled and experience as they claim they are.
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Poor broker service
This broker has taken my hard-earned money. I lost a huge amount on their poor signals. I felt like the signals against the market movements are intentional.
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Slow withdrawals
Slow withdrawals, really very annoying.
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Bad broker company
Bad broker company. They’re a great delay on all withdrawals.
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Not a good broker
Not a good broker to deal with. They do not approve withdrawal requests.
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Very aggressive
Uncomfortable sharing details with. They are very aggressive and sounded like scammers.
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Poor systems
The worst trading system I have ever used. Do not trade with them.
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Poor trading company
Poor trading company. Offers are not good at all.
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Unregulated brokers
Stop using their services. They are unregulated.
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Do not trust
Do not trust them. Bad broker services.
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Huge slippage
Huge slippage. Are they even gaining from slippage, I wonder why they keep increasing it.
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Did not process my withdrawal
They did not process my withdrawal. I end up closing my account, unable to get my money.
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Not satisfied
I am not satisfied with the services. I am not getting a decent profit.
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Worst trading experience
I had the worst nightmares because of them. I deposited money hoping to get good returns and unfortunately, I did not get anything from them. I lose all my money instead and am now facing so many problems.
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Do not trade with them
Lousy broker signals. Do not trade with them, save yourself from huge losses.
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Terrible broker
Terrible forex broker services. The platform has technical problems, signals are poor, and even customer service. Not recommended at all.
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Unprofitable signals
Unprofitable signals. Market forecasts are not reliable.
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Too much to pay
There is too much to pay. They keep on increasing transaction charges.
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Poor signals
Good customer service but poor signals. Can’t recall getting a good trade.
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Unresponsive
Unresponsive to messages. It is also very difficult to get through their hotline. They are only good at the start but eventually, services become worst.
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Poor services
Services are not good. They do not pay profit and are very unreliable.
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Worst broker
Worst broker for forex trading brokers I have ever traded with. I cannot depend on the services and withdrawals are always delayed.
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Poor trading services
Poor services for forex trading. I can no depend on the broker signals as well as on their trading platform. I always encounter technical problems.
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Unresponsive
Most of the time unresponsive. They attend to my deposit promptly but slow on withdrawal requests.
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Difficult to withdraw
I do not recommend Orbix to anyone. I am unable to withdraw money. Easy deposit but difficult to withdraw.
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Withdrawal issues
They always have issues with withdrawals. That is a consistent observation of the times I am trading with them.
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Unprofessional
Very unprofessional. They will bombard you with unsolicited calls.
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Stay away from them
I would highly recommend everyone to stay away from this broker service. Bad customer service, poor trading signals, and slow withdrawals are just a few of so many troubles I have encountered while trading with this broker.
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Not profitable
They are good in general, except that they only have fewer options to trade with and some are not profitable.
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Poor forex brokers
Completely not fit to become brokers for forex. They do not provide good signals at all. Their customer service can’t even guide me on the trading platform.
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Unhappy with trading results
I am not overall happy with the trading results. Have a few wins but more losses.
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Expensive trading instruments
Good broker signals but trading instruments are very limited. Most instruments are expensive.
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Unhappy with the services
Bad in terms of signals and withdrawals. I am not satisfied with the services.
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I can't get through customer service
When they offered me to make deposits, they are really assertive and attentive but I can’t get through their customer service whenever I need help. As if they are just interested in deposits.
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Do not trade with them
I have very bad observations for a month-long trading experience with this broker. Do not trade with them.
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Not good at all
Not recommended. Services, signals, and tools are not good at all.
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Unresponsive
Very unresponsive. They ignore me most of the time, causing me to greater losses.
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Do not invest here
Do not invest money here. I incur more losses and got lesser winning trades.
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Inaccurate signals
Inaccurate trading signals. Market forecasts are not good at all.
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Expensive and not profitable
They only have a few options to trade. All are very expensive and not profitable.
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Slow support
Slow customer support. There is a delay in responses causing some losses. Very frustrating.
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Not worth it
They are not worthy of my time. Have lost money on their trading offers.
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Not worth it
Not worth trading with. I did not get good trading returns, unfortunately.
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Deny withdrawal request
They keep on denying my withdrawal request. I Will not trade with them again.
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Rejected withdrawal request
They do not approve of my withdrawal request. It always gets rejected.
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Do not deal
They seem to be good brokers at first but eventually turned out to be bad brokers. Do not deal with them.
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Inaccurate signals
Inaccurate signals and a very slow withdrawal process. I am not trading with them again and will not recommend them either.
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Frustrating withdrawal process
I am so frustrated with their withdrawal process. I was asked to provide them with so many documents.
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Slow withdrawals
Slow withdrawals. There are so many documents to provide and the wait is never-ending.
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Poor services
Poor customer service. Do not trade with with them.
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Bad broker company
Bad broker company. They sounded so rude and are very unhelpful.
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Difficult withdrawals
Difficult withdrawals and unresponsive customer service. I am not trading with them again.
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Poor services
Poor trading services. Have joined them last month and I regret doing so. I have just wasted money and time.
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Worst customer service
Worst customer service and broker to deal with. They do not know when to listen.
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Bad broker
Bad people, worst services, and slow withdrawals.
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Unprofessional
Very unprofessional. They are rude , arrogant and they force people to deposit.
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Inaccurate signals
I cannot fully depend on the services. There are times that signals are not accurate and not timely.
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Difficult to withdraw funds
I wouldn’t recommend trading with this broker because of slow withdrawals. They will surely give you hard time on withdrawals.
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Technical problem
I always encounter technical problems with this broker service. I reported the problem so many times but they are left unresolved.
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Did not process my withdrawal
They did not process my withdrawal. I end up closing my account, unable to get my money.
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Delayed withdrawals
Delayed withdrawal process. Do not trade with them.
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Unreliable signals
Unreliable trading signals. They are inexperience brokers I guess.
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Bad broker
Not a good trading broker. They never pay a profit.
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Slow withdrawals
I am not trading with this broker again. The withdrawal is really very slow.
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Inefficient broker
Slow withdrawals and poor customer service. I will never trade with this broker again. They are not efficient.
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Bad broker
I lost my confidence with this broker after a month of dealing with them. They suddenly come up with never heard policies and charges.
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Upsetting services
Upsetting trading tools and services. I find them very unhelpful and faulty.
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Worst trading tools
The worst trading tools I have ever used. I always encounter technical problems.
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Not a good broker
I do not recommend trading with this broker. Aside from the slow withdrawals that you have to endure, they aren’t good brokers at all.
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Slow withdrawals
Not an ideal forex trading broker. Withdrawal is really very slow.
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Poor broker company
They do have huge fees on services and charges on all transactions. Not a good broker company.
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Not profitable
This broker company only tricks people to ask for more money but not pay for any profit. You can see earning but you will never be able to withdraw it, purely virtual. Do not waste your money and time with this broker.
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Arrogant and annoying
Arrogant and very annoying customer service. When asking for help they will transfer you to hundreds of people. And when I got inquiries, they end up no knowing what to say.
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Expensive
There is not much options to trade with. Prices are even very expensive.
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Bad broker
Customer service and the broker has bad behavior. They are very unprofessional and difficult to deal with.
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Rude broker
Bad broker, they are very very rude. I always end up in an argument even if all I need is just plain support.
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Poor customer service
Poor customer service, they do not attend to trading needs and are very unresponsive. I have filed a withdrawal request but for almost a month, I still do not have their approval. They ignore it.
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Worst customer service
The worst customer service. They seem inexperienced and don’t know what to do. It does not happen to me once but all the time. Every time I call them, my concern is left unresolved.
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Slow services
Slow services and worst platform. Customer service is always very unresponsive. Not worth trading with.
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Confusing platform
I wish to try my luck by trading forex, hoping to earn extra income. However, trading software is really very confusing and this broker doesn’t even care to help me.
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Rude and unhelpful
Rude and unhelpful customer service. Every time I call to ask help for my trading concern, they transfer me from one person to another and my concern ends up unresolved.
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Slow withdrawals
Unjust withdrawal process. It is taking them a few weeks to process and the documents are very difficult to provide.
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Do not deal
Rude and unhelpful people. Do not deal with them.
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Slow withdrawal process
Slow withdrawal process. They always give me a headache and a hard time requesting withdrawals.
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The best broker
Awesome trading services. I really love to deal with this broker, they are simply the best.
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Expensive trading
Very expensive to trade with. I thought it is affordable because the initial deposit is low however on the actual trading price per lot is very expensive.
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Scam!!!
As a new entrepreneur who wants to invest, I was searching the internet for a reliable broker and found Admiral Market. I looked for information and comments from other investors about this broker. I found some complaints that made me give up the idea of trusting Admiral Markets. The allegations have to do with the complicity between the well-known scammer José Luis Cases Lozano and this broker, to scam people online through the Reto20k and Tradingchess projects, offering prizes of thousands of euros and opting for a trading course valued at more € 500 online at traderprofesional.com, also by José Luis Cases Lozano. The only requirement was to register on a website and open a broker account at Admiral Markets According to the complainants, the page closed without giving any explanation and they stole the registration money and the money from the opening of the broker account.
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Bad broker
Services and people seem to be very good at the start. But right after the deposit stage, they began to become worst. Seems to me that they are only after deposits.
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Worst broker service
I am not going to keep their services, really worst. I do not recommend trading with them. They will not allow you to withdraw.
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Rude broker
Not a good forex broker to deal with. They are very rude and manipulating.
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Worst withdrawals
Worst withdrawal process. They will ask for so many documents to provide them prior approval.
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Inaccurate analysis
I traded with this broker in the past. And what I have observed is that this broker does not give out accurate market analysis and trading advice resulting to lose more.
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Negativo
Admiral Markets must explain its participation in fraudulent projects created by José Luis Cases Lozano where it offers prizes of thousands of euros just by registering and for this it is required to open a broker account at Admiral Markets. Everything turned out to be a scam, the page closed without any explanation, the registration money and the opening of the broker account were stolen. I found information from people who report that the same thing happened last year. José Luis Cases Lozano and Admiral Markets have to answer for this fraud.
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Poor services
Poor trading services. Withdrawal is very slow and brokers are very rude.
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Scam
Scam: The Tradingchess.com project was created by José Luis Cases Lozano in 2019, thanks to the collaboration of one of the national reference brokers. To register with Tradingchess, you need to open a broker account at Admiral Markets, and many people have registered to take part and opt for a trading course valued at more than € 500 online from traderprofesional.com, also from José Luis Cases Lozano, just for signing up. It was all a scam, without any explanation everything was suspended and of course José Luis Cases Lozano with his Tradingchess.com project kept the money of the registered people and the broker Admiral Markets also scammed money with the accounts that were given high and new customers. I found information from people who report that the same thing happened last year. José Luis Cases Lozano and Admiral Markets have to answer for this fraud, for the money invested by those who registered to win that course.
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Unresponsive customer service
Customer service here seems non-existent. I have been calling them but no one picks up the phone. Not even a reply to messages.
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Unreliable
Unreliable broker services. I can’t even depend on the services and signals a withdrawal is very slow.
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High trading fees
Customer service and signals are okay however they’ve got soaring high trading fees and charges.
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Poor customer service
Poor customer service. Always rude and indifferent.
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Bad forex broker
I suggest for all to read this broker reviews first prior to joining this broker. That is what I failed to do, much to my regret, all the negative comments about them are true, I experience all of them.
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Bad broker
I have dealt with this broker in the past. I’ve got a few observations, slow withdrawals, poor customer service, and rude brokers.
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Faulty platform
Faulty trading platform. I always encounter several errors and glitches.
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Poor communication skills
I remember when I started trading with this broker, they are trying to walk me through, I had so much trouble understanding them. Thought it is just at the start but as I trade along I had the same problem. They do not communicate well, that is why I stopped dealing with them.
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I lose money
Base on my observation for the past 3 months of trading with them, signals are not profitable. I actually had so many losses.
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No withdrawals
Don’t use this trading app or services. They don’t allow withdrawals here.
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Impossible to withdraw
There is a lot of options in the funding account but a few on withdrawals. Easy to deposit but almost impossible to withdraw.
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Bad brokers
Not an ideal broker for forex trading. They are not experienced and skilled enough to get good trades.
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Block withdrawals
Don’t waste your time with this broker service. They will give you all the hassles they can give in order to block withdrawals.
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Bad customer service
Super slow withdrawals and unhelpful customer service are the worst experiences I had with this broker.
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Worst
Worst customer service and worst trading platform for forex trading. I always encounter system errors and no one is able to help me.
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Poor forex broker
Their educational materials and signals are not really helping me at all. These are old insights I already had before. I wish they could come up with something helpful and new.
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Expensive
Affordable to open an account but on the actual trading need to add more money. Fees and charges are suprisingly expensive. Unbelievable pricing also.
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Bad broker signals
I have traded with them and lost huge money, not recommended at all. Bad broker signals.
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Poor broker services
They have a great selling point for their company. Unfortunately, the services aren’t as good as expected.
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Unable to withdraw
Hanky panky rules on withdrawals. They will beat around the bush to block withdrawals.
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Bad brokers
I have used their services and I lost a lot of money, I even undergo depression and paid a lot of credit card debts. Don’t dare to even try them you will lose a fortune.
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Poor customer service
Poor customer service. People here are very arrogant and rude. They don’t even make you feel valued as a client.
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Expensive actual trading
Very affordable minimum deposit. They will allow you to open an account with just a minimum amount. However, the problem is you can not trade with just the minimum so once you have an account activated and you wanted to move forward and trade you will have to re-deposit.
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Nonsense broker signals
Nonsense broker signals. They come up with market movement analysis that is really not good at all.
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Not trustworthy
“Do not choose this broker service, they are not trustworthy. I deposit my money and lost all the next day. They trade by themselves, no notices”
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Slow withdrawals
I am not dealing with this broker service again. Poor signals and slow withdrawals.
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Slow withdrawals
I have so many regrets in choosing the services. They have a super slow withdrawal process and there are so many requirements.
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Difficult withdrawal
You seem to battle to get your withdrawal request approved. There are so many requirements and terms when it comes to withdrawals.
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Slow withdrawals
I noticed huge slippage and slow withdrawals on a month of trading with them. I immediately switch to different brokers.
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Unresponsive
Unresponsive customer service, I have been sending messages and getting no replies. The problem is it is also difficult to call them.
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Can't get through customer service
I can’t get through customer service. Do you even have one? I am always waiting in a queue.
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Unprofessional brokers
Unprofessional brokers. They are so manipulative trying to force re-deposits most of the time.
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Terrible customer service
Terrible customer service, most of the time they are not helping. I can’t even understand trading terms.
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Awful signals
Not a good broker. I have traded with them but signals are really awful.
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Worst broker
Worst broker I have ever met. Very slow withdrawals and poor services.
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Slow customer service
Slow customer service. No matter how you contact them, phone, email or chat responses are always delayed.
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Not a good service
Slow response to emails and chats even on subjects with high importance. Not a good service.
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Poor broker performance
What a disappointment. I traded with this broker believing they are skilled and experience enough to get winning trades but much to my regret, they are not good enough and I lost a lot.
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Unacceptable withdrawal process
Unacceptable withdrawal process. I have been waiting long enough for them to credit my withdrawal on my bank account.
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Worst
Everything seems perfect on their demo account but once you switch to live account all changes to worst.
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They block withdrawals
These guys were all good until I had to withdraw. They always find a way to block the withdrawal requests.
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Limited payment channels
There are so many easy ways to deposit, I wonder why it is difficult to withdraw and payment channels are very limited.
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Not recommended
I do not recommend it. Very slow and difficult withdrawals.
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Too many fees and charges
There are so many fees and charges. I end up almost getting nothing from the profits due to charges.
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Unreliable broker
Unreliable trading signals. Customer service is okay but also withdrawal is slow.
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Good brokers
Good brokers. They are very reliable, signals are super accurate.
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Slow withdrawals
Good signals and trading terms but slow withdrawals, Okay but not impressive.
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Unhappy with the services
Not good execution and expensive transactions. I am not over all happy with the services.
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More losses
As if they make money when clients losses. They prefer to give the client more losses than winning trades.
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Not worth your money and time
They are not worth your time and money. You will only win for the first try but succeeding trades will all be losing.
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Slow withdrawal process
Decent and regulated broker but super slow withdrawal process.
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Regulated but not so profitable
Regulated and good broker service. However, I am gaining less profit with them. Not so profitable.
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