Admiral Markets Account Types

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 7 min read
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Admiral Markets appeared on the Forex trading scene in 2001. As a brokerage firm, Admiral Markets provides services around the world. The company has three offices in Australia, Cyprus, and the United Kingdom.

During the Admiral Markets review, it was discovered traders working for the corporation have at least two decades of experience (if you want to acknowledge more info like this one you should read our Admiral Markets review, in which all the main topics regarding the broker are explained).

Admiral Markets account types are just one reason you should invest using this corporation.

Admiral Markets offers a demo, trade, zero, and investment accounts to help you trade. The varied account types ensure you have the option of learning how to trade and then choosing an account type that best fits your trading style.

Table of contents

Admiral Markets Account Types

Admiral Markets account types help start you out with a teaching account, if you need it, and provide more in-depth options as you gain experience. Learn about the different accounts to discover which one will best fit your needs.

Admiral Markets Demo Account

Are you starting out? Have you practiced what you have been learning about forex? Demo accounts are the greatest way to practice trades without risk. An Admiral Markets demo account offers no risk. It is solely for you to determine how the market works, place virtual money trades, and replicate the real market experience.

Admiral Markets will not require a commitment to opening a live account. Your demo account is available for 30 days. If you open a live trading account within 30 days, your Demo account(s) will not expire.

You can trade as much as you like with the demo account(s) during the 30 days. If you decide to open a live trading account, you will still practice trades as you learn and explore new options.

If you’re interested in trying the broker out, you can go to the Admiral Markets website and open a demo account.

Admiral Markets Trade Account

A standard trade account offers both MT4 and MT5. For those who are unfamiliar, MT stands for MetaTrader. It is a type of trading platform that many brokerages use, and if you’re interested you should take a look at the best MT5 brokers. The programming language is designed to help you trade. It uses technical indicators to provide you with information. MT4 offers 4 ways to trade, while MT5 offers 6 methods.

A minimum deposit of 100 USD/EUR/GBP/CHF is required to open a trade account. This account offers a spread from 0.5 pips. Admiral Markets trade accounts have a commission. The commission is per Single Share & ETF CFDs and begins at 0.01 USD.

With Admiral Markets account types, you have access to 3700+ tradable assets. For MT4, there are only 140+. Islamic accounts are offered only MT5.

Admiral Marktes Zero Account

A Zero account is a select type of Amidral Markets account. It is also available for both MT4 and MT5. The minimum deposit is 100 USD/EUR/GBP/CHF. Just like other zero spread forex brokers, the spreads on forex start from 0 pips. Commissions for forex and metals ranges from 1.8 to 3.0 USD per 1.0 lots. With this account, you have access to 60+ tradable assets.

There is no Islamic account option.

Admiral Markets Account Types available for MT4

Admiral Markets Invest Account

The Invest account is only available for MT5 platforms. There is a minimum deposit of 1 USD/EUR/GBP/CHF. The spread is from 0. A commission for stocks and ETFs beings at 0.02 USD per share. As an investment account, only stocks and ETFs are available for trade. There are over 4500 assets. The account is an Exchange Execution style with no CFD and no leverage available.

No Islamic account option is available, and the Invest account is not available under ASIC regulation.

Admiral Markets Account Types available for MT5

Admiral Markets Islamic Account

An Islamic account is only available for the Trade Account type at Admiral Markets and solely via the MT5 trading platform. Swap free accounts are offered by many high level brokers in the industry: if you want, you can visit the best swap free islamic forex brokers post written by us.

Admiral Markets Professional Account

The highest type of account is a professional account. A person applying for the professional account must achieve 2 out of 3 requirements first.

  1. You had made an average of 10 transactions of significant size per quarter in the past year.
  2. A financial instrument portfolio contains over €500,000 (in your bank or trading account).
  3. You possess the required amount of experience to work in the financial services sector.

If you meet the above requirements, you can open a professional account with plenty of benefits. You will gain a reduced margin requirement meaning increased leverage of up to 1:500 on significant forex pairs. You will also have full access to Admiral Markets bonus programs.

There is a trade-off. You will have limited negative balance protection, which is set at 50,000 EUR max.

Admiral Markets Account Types Comparison

Features of Admiral Markets Admiral Markets Trade Account Admiral Markets Zero Account Admiral Markets Invest Account
Min. deposit $100 $100 $1
Spread on forex From 0.5 pips From 0 pips From 0 pips
Forex commission/lot N/a $1.80/lot $0.02 per share
Execution type ECN/STP ECN/STP ECN/STP
Instruments 4000+ 600+ 4500+
Real assets No No Yes
Platforms MT4,MT5 MT4,MT5 MT5

Admiral Markets Account Opening

Opening Admiral Markets account types require a vetting process, except with the demo account. A demo account is a trial option; however, you will need to provide specific details when you move into a live account.

Admiral Markets Live Account Opening

There is a process for opening an Admiral Markets live account; you will need to go through verification and account funding.

Admiral Markets Account Verification

Account verification is typically fast. It will depend on your country of origin. You are required to submit the following documents:

  • Proof of Identity (ID, Passport)
  • Proof of residence (Bank statement)

Any forex account asks you to provide proof of identity and residency to ensure you are old enough to have a trade account and that you are who you say you are. You may need to fax these documents rare time rather than submitting them electronically during the application process.

Admiral Markets Account Funding

Once it is verified, funding your account requires you to use the currencies accepted by Admiral Markets. The currencies accepted include the most common ones: EUR, USD, GBP, AUD, CHF, HKD, SGD, JPY, NZD. Admiral Markets also accepts the following secondary currencies: ARS, BGN, CLP, CZK, HRK, HUF, MXN, NOK, PLN, RON, RUB, SEK.

Admiral Markets makes it easy to fund your account. Bank transfer, major credit and debit cards, and eWallets are accepted as payment methods. The eWallet options include PayPal (the UK only), Skrill, Neteller (UK and Australia only). Currencies with funding methods include bank transfers depending on the country of residence. The main bank transfers accepted are EUR, CHF, GBP, and USD. If using a credit/debit card, you can use EUR, USD, GBP, CHF, and many others. Skrill only accepts EUR and USD for funding forex accounts.

Admiral Markets Minimum Deposit

The broker of course requires a minimum deposit. The Admiral Markets Minimum Deposit will depend on your location and payment method. Generally, the minimum deposit is 50 EUR/USD. An Admiral Markets representative will let you know your minimum requirement based on the Admiral Markets account type you have chosen and your country of origin.

Admiral Markets Account Currency

When you open an Admiral Markets account type such as the standard live account, you will choose the base currency you want to trade. Admiral Markets offers the following base currencies: EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON.

Admiral Markets Account Bonus

Admiral Markets does not always offer an account bonus. If you’re interested in forex broker bonuses and you live in a country where these are allowed by the local regulators, you may be interested in checking out the best brokers with no deposit bonus in the industry.

Admiral Markets Account Deposit & Withdrawal

Admiral Markets account deposit and withdrawal options do have a commission. The commission is 0.9% minimum and 1 EUR/USD for Skrill only. There are internal transfer fees between a clients’ separate trading accounts with different based currencies. The fee is 1% of the amount transferred. Between a clients’ individual wallets, wallet, and trading accounts, there are fees. The base currencies with wallet and trading accounts are 10 free transfers and then 1% of the amount thereafter, with a minimum of 1 EUR.

It can take 3 business days processing time for the bank transfer to be complete.

Admiral Markets Account Management

Account management is about ensuring someone is actively using their account. Admiral Markets account types can become inactive if someone is not trading. Learn the specifics for what will happen if there is inactivity on the account and how you can reactive it.

Admiral Markets Account Inactivity

Unlike forex brokers with unlimited demo trials, the Admiral Markets demo account lasts for 30 days. You can easily create a new one if you decide you do not want a live trading account. For live accounts, there is an inactivity fee of 10 EUR per month. This fee only applies after the first 24 months with no transactions. You are only charged if the account balance is greater than zero.

Admiral Markets Account Reactivation

If your account has no trading activity for a minimum of 180 days (effective from your last trade and the starting day), the relevant trading account(s) will be archived. If you want to withdraw the money, you can write to the support team and ask your account to be unarchived so that you can remove your money. Your account will not be tradable when it is in an inactive state unless you have asked for reactivation. Once all funds are removed and no longer trade with the account, it will no longer be available for trading.

How To Close Admiral Markets Account

Admiral Markets understands there may be reasons to close the account. Begin the closing process by withdrawing all the funds first. Contact the broker support team at global@admiralmarkets.com. To close a trading account only (not your profile), log in to your Trader’s Room, choose “Dashboard,” then choose the account number and click on “Close Account.”

Admiral Markets Account Types FAQ

Is Admiral Markets ECN?

Admiral Markets is an ECN/STP broker. This means that all orders are routed to the broker’s liquidity providers, and prices are executed at the bid/ask rate provided by liquidity providers.

What trading platform does Admiral Markets provide?

Admiral provides MT4 and MT5 for your trading activities, via Desktop, Mobile and WebTrade. MetaTrader Supreme Edition is also available.

Does Admiral Markets offer a demo account?

Yes, Admiral Markets offers a demo account. By opening a live account, you’ll get an unlimited demo account: otherwise Admiral Markets demo has a 30 days limit.


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About the Author

Anthony Gallagher

Broker Expert

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.

A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.

He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.


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