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Admiral Markets discussion

  • #1
  • First Post: Sep 7, 2012 3:17am Sep 7, 2012 3:17am
Anyone has this broker? I need a better broker. It has been stealing me pips! I put stop loss for example at 75 and when price reaches 74 it closes the position. And when I'm scalping I close position at 70 but actually my broker closes position at 68!

Which is the best broker here around?
  • #2
  • Sep 7, 2012 9:35am Sep 7, 2012 9:35am
Quoting Tadej89
Anyone has this broker? I need a better broker. It has been stealing me pips! I put stop loss for example at 75 and when price reaches 74 it closes the position. And when I'm scalping I close position at 70 but actually my broker closes position at 68!

Which is the best broker here around?
This is normal, it happens at all brokers. It is called slippage.
  • #3
  • Sep 7, 2012 10:18am Sep 7, 2012 10:18am
Quoting Tadej89
Anyone has this broker? I need a better broker. It has been stealing me pips! I put stop loss for example at 75 and when price reaches 74 it closes the position. And when I'm scalping I close position at 70 but actually my broker closes position at 68!

Which is the best broker here around?
remember the chart is drown in bid price and the sell positions are closed in ask price, so it can look like it closed one pip earlier then it should, but it is actualy right as spread may be 1-2 pips on this broker. So the ask price is always higher just it may seem there was not such high...
  • #4
  • Sep 7, 2012 4:31pm Sep 7, 2012 4:31pm
Quoting future
This is normal, it happens at all brokers. It is called slippage.
I know this but this happens quite often. Any my profits should have been higher...

I feel just like I were robbed...
  • #5
  • Sep 10, 2012 12:57pm Sep 10, 2012 12:57pm
I'm using this broker and never had a problem with them so far.
  • #6
  • Jan 30, 2013 8:54am Jan 30, 2013 8:54am
Researching this broker at the moment. So far, it seems that they have been doing some progress. Also hear that they offer sufficient platform for using robots. Can anyone confirm?
  • #7
  • Jan 6, 2014 8:16am Jan 6, 2014 8:16am
Did anybody experienced, that at the Admiral markets the hourly candle closes 15 MINUTES after the round clock? And it is work so for a week now.
Attached Image (click to enlarge)
Click to Enlarge Name: admiral.png Size: 56 KB
100 pips a day, keeps the doctor away
  • #8
  • Jan 9, 2014 2:49am Jan 9, 2014 2:49am
Works fine again! The hourly canly closes at round clock!
100 pips a day, keeps the doctor away
  • #9
  • Edited 2:28pm Sep 30, 2014 1:45pm | Edited 2:28pm
Admiral Markets seems to be having financial difficulties as in 1st half of 2014 company had a big loss of 1.6 million Euros. I don't have previous reports but it is most likely the largest loss this company has ever faced. Any comments from Admiral's representative here in FF?

ForexMagnates has now also jumped on this disasterous report:
http://forexmagnates.com/exclusive-a...-loss-h1-2014/

Full 1H 2014 report in Estonian (I used Google translator):
https://admiralfiles.s3.amazonaws.com/docs/EE/Vahearuanne_I_pa_2014.pdf

Results of previous financial periods:
http://www.admiralmarkets.ee/company/reports/
  • #10
  • Sep 30, 2014 3:43pm Sep 30, 2014 3:43pm
I've been on a demo account with the for the past 4 months...going good was planning to go live early next year, but now you've got me worried. Any recommendations on Admiral markets or other brokers? I live in Australia... Would like to with someone that has an office here and is of course thrustworthy
thank you
  • #11
  • Sep 30, 2014 9:36pm Sep 30, 2014 9:36pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting msacchi
I've been on a demo account with the for the past 4 months...going good was planning to go live early next year, but now you've got me worried. Any recommendations on Admiral markets or other brokers? I live in Australia... Would like to with someone that has an office here and is of course thrustworthy thank you
3

Axitrader/ Australia
  • #12
  • Oct 1, 2014 4:42am Oct 1, 2014 4:42am
Onu, do you know how is Axi doing financially? I was absolutely surprised about the huge loss of Admiral Markets in 1H of 2014 that one cannot be too cautious. Thanks.
  • #13
  • Oct 1, 2014 6:30am Oct 1, 2014 6:30am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting BobbyStar
Onu, do you know how is Axi doing financially? I was absolutely surprised about the huge loss of Admiral Markets in 1H of 2014 that one cannot be too cautious. Thanks.

Ask ASIC, its the Australian broker regulator.
www.asic.gov.au/
  • #14
  • Oct 1, 2014 9:20am Oct 1, 2014 9:20am
Quoting onu
{quote} Ask ASIC, its the Australian broker regulator. www.asic.gov.au/
Axitader are market makers, try a real ECN broker. There are many good ones in Australia and the UK
  • #15
  • Oct 1, 2014 8:06pm Oct 1, 2014 8:06pm
Quoting buddy1
{quote} Axitader are market makers, try a real ECN broker. There are many good ones in Australia and the UK
Market makers ? You mean like the banks who are pricing the ECN ?
  • #16
  • Oct 1, 2014 11:51pm Oct 1, 2014 11:51pm
try icmarkets, it has slippage too but very minimal, i even get positive slippage with 18 points (ecn)
  • #17
  • Oct 2, 2014 12:19am Oct 2, 2014 12:19am
Very hard to choose someone, was pretty happy with Admiral ( at least on demo account ) now unsure to whom go with :/
Will check all the names you guys have posted here. What about OANDA?? is it any good?

Thank you
  • #18
  • Oct 2, 2014 3:02am Oct 2, 2014 3:02am
Quoting msacchi
Very hard to choose someone, was pretty happy with Admiral ( at least on demo account ) now unsure to whom go with :/ Will check all the names you guys have posted here. What about OANDA?? is it any good? Thank you
Never trust a broker based on demo account!
  • #19
  • Oct 2, 2014 3:59am Oct 2, 2014 3:59am
BobbyStar, true wise words!! I'm just sourcing around at the moment, really keen to go live by early next year, that's why is good to come here and and see what are you guys thoughts...
do you have any suggestions yourself??
thank you
  • #20
  • Oct 2, 2014 12:04pm Oct 2, 2014 12:04pm
Quoting msacchi
BobbyStar, true wise words!! I'm just sourcing around at the moment, really keen to go live by early next year, that's why is good to come here and and see what are you guys thoughts... do you have any suggestions yourself?? thank you
I'd choose between Axi, IC Markets, Pepperstone, Armada Markets, LMAX.
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