How to invest in Cryptos with Admiral Markets

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 4 min read
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Admiral Markets is one of the most popular trading platforms around, boasting around 10,000 users. Although Admiral Markets is typically used for day trading of forex, commodities and indices, they also allow for cryptocurrency trading, which has opened up a new avenue for investors and traders to make money on this platform.

If you are interested in more than just cryptocurrencies, then you can take a look at our Admiral Markets Review, which covers their Forex platform.

Table of contents

Cryptocurrencies trading on Admiral Markets

Admiral Markets has joined a long list of other brokers that are keen to capitalize on the cryptocurrency markets. Traders can now trade cryptocurrencies on Admiral Markets.

Who can trade cryptos with Admiral Markets?

The simple answer to this question is that anyone can trade cryptocurrencies with Admiral Markets as long as they are in a country that allows them to. For example, Admiral Markets does not offer its trading services to customers that are based in the following countries: USA, Canada, Japan as well as some other countries too.

Crypto CFD trading with Admiral Markets: how does it work?

When it comes to crypto trading on the Admiral Markets platform, it has been set up in such a way that you trade cryptocurrencies as CFD instruments. This essentially means that you own a contract for that particular cryptocurrency, but you do not own the actual cryptocurrency itself. It is merely the same as other CFDs where you can go long or short on the asset without actually owning it.

CFD cryptocurrencies are becoming quite popular among brokers and traders, and many forex brokers have started offering them.

Which cryptocurrencies are offered by AM?

Admiral Markets offer the following cryptocurrencies on their platform for you to trade: Bitcoin, Bitcoin Cash, Dash, Eos, Ethereum, Ethereum Classic, Litecoin, Ripple, Stellar, Monero, Zcash.

Since most forex pairs and commodities are pinned against the US Dollar, it is the same for Cryptocurrencies too. For example, BTC/USD, ETH/USD, XRP/USD. However, there are some cases where Admiral Markets where it is possible to trade against the Euro. There are also options for you to trade cross pairs where you trade cryptocurrencies that are pinned against bitcoin, which is the first and most used cryptocurrency in the world.

AM Crypto Spreads and Commissions

The crypto market can be extremely volatile at times, which means the spread can sometimes be really high and other times it can be really low. You might experience some spreads that may reach highs such as:

  • BTCUSD normally has a typical spread of 0.5%
  • XRPUSD normally has a typical spread of 1%
  • ETHUSD normally has a typical spread of 1%

When it comes to cryptocurrency trading on the Admiral Markets platform, there are no commissions.

Get ready to trade cryptos with Admiral Markets

If you are looking to start trading cryptos as an Admiral Markets client, all you need to do is register on their platform by filling in all the necessary details. Once you have registered, it is advisable to create a demo account so you can practice and familiarise yourself with the environment. Demo accounts are brilliant for those people who are new to trading, because it means people can practice and test theories without risking real money. When you feel ready, you may proceed to creating a live Admiral Markets trading account, where you will be able to open up specific charts for the cryptocurrencies that you wish to trade. The MetaTrader Supreme Edition plugin that is available for Admiral Markets, is suggested in order to gain an advantage over other traders by utilizing more features, such as the number of available indicators and expert advisors.

Is Admiral Markets crypto trading worthy? Our alternatives

If you have joined Admiral Markets but aren’t impressed and you feel like the platform hasn’t met your expectations. Such as the platform offering crypto only CFDs. If you feel like Admiral Markets isn’t for you, then you might want to try the likes of eToro. You can also check out our best cryptocurrency brokers article.

Admiral Markets eToro
Minimum deposit 100 USD 200 USD
Crypto Deposits No Yes*
Crypto Wallet No Yes
Cryptoassets available 32 98
Crypto CFD Yes Yes
Crypto Real No Yes
Spread on BTC** 0.5% 0.75%
Spread on XRP** 1% 2.45%
Spread on ETH** 1% 1.90%
Spread on XMR** 1%

* Only on the eToroX Wallet

** As of Nov 18th 2020

As you might have noticed, eToro is the best alternative when it comes to cryptocurrency trading as it offers more features than Admiral Markets. There is also a much wider variety of cryptocurrencies on eToro as well, as well as the ability to trade real cryptos too.

Admiral Markets Crypto FAQs

Is Admiral Markets A good broker?

Admiral Markets have a number of popular features including being well-regulated, low commissions, and an accessible minimum deposit. They also offer low spreads on crypto.

Is Admiral Markets a market maker?

Admiral Markets is an ECN-SPT broker. They are not a market maker.


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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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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