Admiral Markets Minimum Deposit Guide

logomark Anthony Gallagher calendar Last Updated: November 2021 timer 6 min read
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In 2001, Admiral Markets was introduced to the world, a brokerage firm offering services to traders around the globe. With three international offices located in the United Kingdom, Cyprus, and Australia, traders who work with Admiral Markets get advice borne of two decades of experience.

They are considered one of the most trustworthy brokerage firms in the global financial world. If you’re interested to know more about the broker in order to have a complete overview before opening an account, you should take a look at our Admiral Markets review.

Table of contents

What is the minimum deposit on Admiral Markets?

The Admiral markets minimum deposit is $100. This is the official one for CFD accounts. However, for the AM Invest Account designed for real stock trading, the minimum deposit is even lower starting from one dollar. Keep in mind that this account though, is not available to Australian residents.

Admiral Markets Features
Minimum Deposit $100 ($1 for AM Invest Account)
Deposit Fees No
Withdrawal Fees $1
Base Currencies USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, SEK, NOK

Admiral Markets Deposit Bonus

Unlike other types of forex brokers, Admiral Markets does not offer “No deposit” Forex bonuses. 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. Even though Admiral Markets is also available in Australia, they have opted not to offer this type of bonus to its clients.

On the other hand, they do offer a comprehensive cashback program for traders who are active under the Admiral Markets UK/EU entity and the Admiral Markets Australian entity. Available to professional traders that have been registered under the UK/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 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

Admiral Markets Pepperstone eToro
Minimum Deposit $100 ($1 for AM Invest Account) $0 ($200 recommended) $200
Wire Transfer Yes Yes Yes
Credit Card Yes Yes Yes
PayPal No Yes No
Number of Deposit Methods 10 9 10
Base Currencies USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, SEK, NOK USD, EUR, GBP, AUD, NZD, SGD, JPY, CAD, CHF, HKD USD

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. Follow these steps to start trading today.

If you are new to forex trading, apply for an Admiral Markets Free Forex 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 out there, you can definitely look at our top 10  forex demo account choices.

If you are already familiar with forex trading, you can open up a live account based on your particular needs. Admiral Markets offers six different types of live accounts that you can choose from. If you’re still not sure which one to select, you may find our Admiral Markets account types guide very useful.

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.

You are now ready to make your first deposit. There are numerous methods for adding and withdrawing funds to your Admiral Markets account. See the complete list in the next section.

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 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, Bitcoin, 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, and RON.

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

Connected to this, you can find interesting to know all the best brokers which support PayPal payment in our PayPal forex brokers top ten.

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 2 withdrawals 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.

Admiral Markets Accepted Deposit Currencies

Admiral Markets offers a number of base currencies in which to fund your account. These include major currencies such as the EUR, GBP, USD, and CHF.

When it comes to other deposit currencies that are accepted from the broker there are many available to choose from. These include BGN, CZK, HRK, HUF, PLN, RON, SEK, and NOK.

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 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

  • Deposit bonuses are not offered.
  • The number of deposit methods made available could be increased.

Admiral Markets Minimum Deposit FAQ

How do I withdraw money from Admiral Markets?

You can withdraw money from Admiral Markets through a number of different methods depending on your location: Bank wire, credit and debit cards, e-Wallets like PayPal, Skrill, Neteller, and other local methods are all possible.

What is the Admiral Markets minimum deposit?

Admiral Markets minimum deposit is $100, with the exception of $1 for the opening of the stockbroking account.


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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