Forex Germany

Forex Broker - Admiral Markets

Admiral Markets AS is part of the Admiral Markets Group, founded in 2001 and with headquarters in Estonia. Currently, the group is active tin more than 35 countries providing retail access to FX, CFD and stock markets. To attract international customers Admiral Markets started to establish subsidiaries in other regions as well, e.g. Australia and UK.

Type

STP Broker / ECN

Financial market supervision

Admiral Markets AS is licensed and regulated by FINANTSINSPEKTSIOON; Estonia's supervising authority which is operating financially and functionally independently from the government. This type of regulation and authorisation is officially recognized within the European Union although this doesn't necessarily mean that a company fulfils all standards of the acknowledging authority.

Admiral Markets Pty Ltd is regulated by the Australian Securities & Investments Commission (ASIC), Australia's independent supervising authority.

Admiral Markets UK Ltd is supervised by the Financial Conduct Authority (FCA),the independently acting supervising authority of the United Kingdom.

Protection of deposits

Admiral Markets AS is a member of the Tagatisfond, providing protection to client's deposits up to 20,000 Euros in the case of bankruptcy, if all required provisions are met. A regulation by FINANTSINSPEKTSIOON is a prerequisite for any participation in the deposit protection fund.

Admiral Markets UK Ltd is registered with the Financial Services Compensation Scheme, the UK's compensation fund of last resort. The current compensation limit is GBP 50,000 per client.

Segregation of clients' funds

By its own accounts, Admiral Markets AS maintains the clients' funds on separate accounts whereas Admiral Markets Pty Ltd and Admiral Markets UK Ltd as regulated entities are obliged to keep the clients' funds on separate accounts. As a result creditors do not have access to client's deposits in case of a bankruptcy. Partial amounts used as a margin at the time of the bankruptcy are not subject to this regulation.

Customer support

Customer support is available in different languages. Enquiries are answered swiftly.

Account opening

For the opening of an account, Admiral Markets requires a proof of identity (personal ID or passport) as well as a signed Client Agreement. They also reserve the right to ask for a proof of address (account or credit card statement, utility bill). Documents can be scanned in and uploaded in the customer area.

Deposits on a customer account are available by bank transfer (2-3 business days), by credit card (online, within a few hours) or via Moneybookers (online, within a few hours). Pay-outs can be made by bank transfer to the customer's account only; pay-outs to third parties are not permitted.

Liquidity provider

By its own accounts, Admiral Markets has access to more than 12 liquidity provides, including Citibank, Morgan Stanley, Deutsche Bank and UBS.

Server location

The main trading servers are located in Germany, Netherlands, France, Poland, Russia, Singapore, Hong Kong and Canada.

Server time

Summer time: GMT+3
Winter time: GMT+2

Account parameters

Standard account Pro account
Spreads: variable, starting from 1.0 pips variable, starting from 0.2 pips
Currency pairs: 30, gold, silver, CFDs 27, gold, silver
Decimal places: five, accuracy 0.1 pips five, accuracy 0.1 pips
Leverage: variable, max. 1:500 1:100
Minimum deposit: USD 10 USD 1,000
Minimum contract size: 0.01 Lot 0.01 Lot
Account currencies: USD, EUR, Gold USD, EUR
Commission: n/a 0.4 pips per round-turn lot

Links

Menu

Deutsch / English

Domain Factory