Admiral Markets Minimum Deposit: Key Information & Guide (2022)

filippo ucchino Filippo Ucchino calendar Last Updated: September 2022 timer 6 Min Read

The Admirals minimum deposit is $100, except for the Stockbroking account (Invest) where the minimum deposit is $1.

Admirals offers several base currencies with which to manage your account and the amount you can deposit may vary.

In addition, each payment method has its own characteristics which may cause additional fees.

We will go into more detail for each topic in this guide.

Table of Content

Round-up

FEATURES ADMIRALS MINIMUM DEPOSIT
Admirals Trade account $100
Admirals Zero account $100
Admirals Invest account $1
Deposit fees No
Withdrawal Fees $1
Base Currencies USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, AUD, SGD, JOD, AED

Visit Admirals
76% of retail CFD accounts lose money

Now that you are aware of the many trading solutions offered you can read for more in Admirals account types.

Admiral Markets accepted deposit currencies

Admiral Markets offers a number of base currencies which may vary according to your country of residence. These include:

  • USD
  • EUR
  • GBP
  • CHF
  • BGN
  • CZK
  • HRK
  • HUF
  • PLN
  • RON
  • AUD
  • SGD
  • JOD
  • AED

Please note, if you make a funds deposit into your Admiral Markets account that is different from the ones listed above, you will incur a conversion fee.

Refer to the chart below to compare the minimum deposit and other information required by Admiral Markets as compared to other forex brokers. These figures are subject to change without prior notice.

Admiral Markets funding methods (+ withdrawals)

All traders and investors using Admiral Markets can fund their account, as well as withdraw from their account, using the following methods:

  • Bank Wire Transfer
  • Visa Credit and Debit Card
  • Mastercard Credit and Debit Card
  • Skrill, Neteller and PayPal (this one is available under Admiral Markets UK)
  • SafetyPay, Klarna, Trustly and others, depending on your location

Admiral Markets offer you the ability to make your deposit in a number of currencies based on the deposit method you choose. Currencies include:

  • EUR
  • GBP
  • USD
  • CHF
  • BGN
  • CZK
  • HRK
  • HUF
  • PLN
  • RON
  • AUD
  • NOK
  • RUB
  • SEK
  • SGD
  • CLP
  • CNY
  • IDR
  • MYR
  • THB
  • VND
  • NZD
  • BRL
  • MXN
  • JOD

Note that the deposit methods listed above depend on your regulator.

List of the deposit methods supported by Admiral Markets

Admiral Markets deposit fees

Deposits at Admiral Markets are typically free. There are a few exceptions:

  • If you use the Skrill eWallet to make deposits, there is a 0.9% fee or a minimum of $1.
  • Deposits that are made in a currency that is not supported by the Admiral Markets base currencies you signed up for may incur a conversion fee.

Admiral Markets Withdrawals

Withdrawing money from your Admiral markets account is easy.

You can make your first withdrawal of the month at any time you wish for free.

All withdrawals after that are subject to a withdrawal fee starting at $1 per withdrawal.

There is a 72-hour withdrawal waiting period, and you must be the account owner in order to request a withdrawal. No one may make the withdrawal for you.

How to deposit funds into your Admiral Markets account: steps to follow

It doesn’t matter if you are a beginner in forex trading or an expert, Admiral Markets makes it easy to get started.

  1. If you are new to forex trading, apply for an Admiral Markets demo account. The demo account requires little information to open and uses virtual currency with no risk and no obligation to deposit real money. It completely replicates a live trading account, allowing you to learn how to participate in forex trading.
    It is available for 30-days, and you can renew it if you feel you need more practice. Most forex brokers offer one, and if you want to discover the best demo accounts, you can definitely look at our top 10 forex demo account choices.
  2. If you are already familiar with forex trading, you can open up a live account based on your particular needs.
    Admiral Markets offers five different types of live accounts that you can choose from.
  3. Once you have opened your account, you will need to verify your account with the broker before making your initial deposit.
    This will help Admiral Markets confirm that you are who you say you are and keep your account protected.
    The verification process should be quite quick and hassle-free.
  4. You are now ready to make your first deposit. There are numerous methods for adding and withdrawing funds to your Admiral Markets account.
  5. Once your deposit payment has been processed and your account funded, you may begin trading. Keep in mind that it can take up to 3 business days for your deposit to be completed.

Admiral Markets minimum deposit vs other brokers

In order to have a clearer vision of Admiral Markets minimum deposit features, we created a table for you to look at, in which we compare the broker with the features of two other brokers.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

FEATURES ADMIRALS PEPPERSTONE ETORO
Minimum deposit $100 ($1 for AM Invest account) $0 ($200 recommended) $50
Wire transfer Yes Yes Yes
Credit card Yes Yes Yes
PayPal Yes Yes No
Number of deposit methods 15 9 10
Base Currencies USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, AUD, SGD, JOD, AED USD, EUR, GBP, AUD, NZD, SGD, JPY, CAD, CHF, HKD USD

Admiral Markets deposit bonus

You can find a 100% welcome bonus with Admirals for up to $5000 extra for traders under the JSC regulator who make a deposit.

If you want to find more about the brokers which offer no deposit bonuses, you can take an in-depth look at our suggestions for the best forex bonus.

These bonuses are extra money given to a trader when they complete the broker registration process, allowing the trader to forego depositing their own funds.

The regulator in the EU, ESMA, has banned these types of forex broker bonuses under the MiFID II regulations. The same applies also for traders in the UK and Australia where Admiral Markets is still available.

On the other hand, they do offer a comprehensive cashback program for traders who are active under the Admiral Markets EU entity and the Admiral Markets Australian entity.

Available to professional traders that have been registered under the EU entity, the Admiral Markets Pro CashBack program offers a discount to traders of up to $1 on every lot traded.

The Admiral Markets CashBack Program is a loyalty program for anyone registered under the ASIC regulated entity only, and it also provides a discount to traders of up to $1 on every lot that is traded.

Admiral Markets minimum deposit pros and cons

Pros

  • Low minimum deposit in place for all account types.
  • A wide range of currencies are accepted.
  • No fees are charged on most deposits.

Cons

  • The number of deposit methods made available could be increased.

About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Leave a Reply

Your email address will not be published.

Better Informed

Find and Compare The Best
Online Broker For You

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.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2022 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Risk Warning / Sitemap