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Is Australian Forex Broker Admiral Markets suitable for novices??

Admiral Markets Australia offers many trading features。The broker is suitable for novice traders or professionals?

Admiral Markets Australia offers many trading features。The broker is suitable for novice traders or professionals?

Some may think of Admiral Markets as a UK broker, while others may think of it as an Australian broker。In fact, the broker operates in many jurisdictions, including the UK and Australia.。Each jurisdiction is regulated by the financial authorities in each region, for example, Admiral Markets Pty Ltd operates under the supervision of the Australian Securities and Investments Commission (ASIC)。

Admiral Markets, which has been operating globally since 2001, has taken a number of measures to ensure the safety of traders in order to maintain the trust of its customers.。In addition to this, the broker ensures that their services are affordable while also offering sophisticated features。

Admiral Markets Australia

Introduction to Admiral Markets

Admiral Markets Pty Ltd is registered under ASIC and licensed under the Australian Financial Services License (AFSL) to conduct financial services business within Australian jurisdiction。In addition to regulation, what are the other features of Admiral Markets Australia that traders should be aware of?

1.Trading Account

In Admiral Markets Australia, account types are divided according to the trading platform。The broker has two trading platforms available: MT4 and MT5。Trade.The minimum deposit amount for MT4 and zero MT4 accounts is the same, both at AUD 100 or equivalent。Although Trade.MT4 point difference is 0.5: 00, but Zero.The spread of MT4 starts from 0。

On the other hand, Trade.MT5 and Zero.MT5 and MT4 have similar conditions。However, there are some nuances in terms of trading instruments, for example, Trade.MT5 allows agricultural products, commodities and EFT CFDs, while Trade.MT4 is not allowed.。There is also an account type that is only available in MT5 accounts, namely Invest.MT5, traders can access more than 4500 stocks and more than 400 electronic transfers from this account, with a minimum deposit of A $1 or the equivalent, with a spread of 0 points。

2.Leverage

Leverage is a very important reference factor for many traders。On the one hand, leverage can provide motivation for traders with limited funds, but due to its risky nature, novice traders are advised to choose small leverage or not use leverage at all。Admiral Markets Australia offers retail traders leverage from 1: 20 to 1: 30。

3.Education

Many brokers provide educational materials for their clients and while this is not a new feature, not all brokers take the education aspect seriously。However, Admiral Markets Australia's performance in education has far exceeded our expectations.。

In general, there are three ways traders can learn in the educational programs of Admiral Markets。The first is articles, where readers can find a detailed guide to trading based on each level; the second is online courses created by professional traders to help traders get the best start on their trading journey; and the last is a webinar program, which is a good choice for those who prefer a more interactive way of learning。In addition, Admiral Markets offers demo accounts for traders to practice first.。

4.deposit and withdrawal

Brokers usually have a variety of financing options to choose from, and Admiral Markets Australia has 5 financing options, including bank wire transfer, Visa or MasterCard, Skrill, Neteller and Poli。All these financing methods are free of deposits and commissions.。

However, Admiral Markets Australia has more limited options for withdrawals, with only three options available: bank wire transfer, Skrill and Neteller, with a free withdrawal request every month.。Thereafter, the trader will be charged a fee of 1% or at least AUD 1 per trade。However, if a trader withdraws funds from a bank wire transfer option, they will be charged A $15 AUD.。

5.Trading instruments

Having more options for trading tools is a dream。Traders will naturally choose brokers that offer more assets。It will also be easier to hedge positions through multi-asset brokers, and Admiral Markets Australia aims to provide multiple trading tools。

Here, traders can access more than 40 currency pairs CFDs, cryptocurrency CFDs, index CFDs, equity CFDs, bond CFDs, and commodity CFDs, 24 hours a day, 5 days a week.。Admiral Markets claims no restrictions on trading style or strategy。To ensure that traders have a better trading experience, the broker is backed by deep liquidity from top providers, allowing 90% of orders to be executed within 150 milliseconds.。

Admiral Markets Australia 内容及功能

6.financial security

The security system of brokers should not be taken lightly, there are many security failures that have devastating consequences for traders, so Admiral Markets Australia takes the reason for this seriously, they ensure that customers can get sound financial security protection and various customer services。

Overall, Admiral Markets is an ASIC-regulated financial services provider.。In addition to this, Admiral Markets is particularly careful to offer segregated trust accounts as well as secure trust accounts held at St. George's Bank (Westpac), one of the most reputable Tier 1 banks.。This means that Admiral Markets will not use customer funds for any purpose and also applies negative balance protection as a safeguard for customers.。

7.Special

In addition to all the conditions listed above, Admiral Markets Australia has a special feature called StereoTrader。Technically, Admiral Markets StereoTrader is a MetaTrader panel with unique features for smoother and more controllable trading. It allows traders to access strategic, invisible or other advanced order types, using enhanced one-click and Historical trading and any other options。The philosophy of SteroTrader is to provide traders with the tools they need to successfully implement any type of strategy and achieve the highest accuracy。To enjoy these features, traders should first apply for a live account。

Conclusion

The above features and services make Admiral Markets Australia suitable for both novice traders and experienced players。Most new traders are still trying to master the concept of spreads, so it is best to use accounts with smaller spreads, not to mention webinars to make it easier for new traders to gain new insights into trading。

However, it is important to consider that the broker has limited options for withdrawals and deposits, and while they have enough options, they may not be ideal for some traders。

Another thing to consider is leverage. This broker's leverage is not the highest, which means it is not suitable for traders who want to get a huge boost; on the other hand, smaller leverage is safer for new traders. Compared with higher leverage, it is less risky, but still provides traders with additional support to enhance their trading ability。

All in all, this broker may be perfect for novice traders。However, Admiral Markets Australia offers many featured services, so professionals are welcome to apply。

For a better understanding, please review the table below。

Company Admiral Markets Pty Ltd
Area Australia
Regulators AFSL (License No. 410681)
Type of account
  • Trade.MT5
  • Invest.MT5
  • Zero.MT5
  • Trade.MT4
  • Zero.MT4
Minimum deposit
  • 100 AUD AUD (Trade.MT5, Zero.MT5, Trade.MT4, Zero.MT4)
  • 1 AUD AUD (Invest.MT5)
Minimum order size

        0.01

Spread
  • From 0: 00 (Zero).MT5, Invest.MT5, Zero.MT4)
  • 0.From 5 o'clock (Trade.MT5, Trade.MT4)
Deposits Forex and Metals - Per 1.0 Hand 1.8 to 3.0 USD USD
Cash Index - Per 1.0 Hand 0.05 to 3.0 USD USD
Energy - Per 1.0 lots 1 USD USD
Stocks and ETFs - 0 per share.02 USD USD from
Single Share and ETF CFDs - 0 per share.02 USD USD from
Other tools: No commission
Leverage
  • Forex: 1: 30-1: 20
  • Index: 1: 20-1: 10
Account currency AUD, EUR EUR, GBP, USD, SGD
Re-offer
💻Trading platform MetaTrader 4, MetaTrader 5
📱Mobile transactions Android, iOS
🤖Expert advice
Hedging Allow in addition to Invest.Used in all accounts except MT5
● Negative balance protection Allow in addition to Invest.Used in all accounts except MT5
Islamic accounts Only for Trade.MT5
Deposit and withdrawal methods Bank wire transfers, Visa and MasterCard, Skrill, Neteller and Poli
Product Forex, Forex CFDs, Index CFDs, Equity CFDs, Bond CFDs, Cryptocurrency CFDs, and Commodity CFDs
Security independent fund
Negative Balance Protection
Fraud information and help
Two-factor authentication for trading rooms
Education Webinars on Forex and Contracts for Difference
Articles and Tutorials
From Zero to Hero Course
Forex 101 Course
Trading video
Trader's Glossary
FAQs
E-book
Investigation and analysis Forex Calendar
Trading News
Global Market Dynamics
Advanced Analytics
Weekly Deal Podcast
Market heat map
Market Sentiment
Trading Center
Trading instruments MT5 Real-Time Web Trader
Admirals Mobile APP
MetaTrader Extreme Edition
StereoTrader
Virtual Private Server
Parallel MAC

Admiral Markets is a Forex and CFD brokerage firm,Since 2001, it has been committed to providing smart financial solutions for global traders.。The main services revolve around three key activities: learning, trade and investment。To this end, it has a number of registered subsidiaries, including Admiral Markets UK Ltd, Admiral Markets Pty Ltd (Australia), Admiral Markets AS Jordan Ltd, Admiral Markets Cyprus Ltd, Admirals SA (Pty) Ltd (South Africa) and Aglobe Investments Ltd (Seychelles), for global markets。

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