Admiral Markets, is there a rep here? Can anyone vouch 4 them? | Forex Factory

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Admiral Markets, is there a rep here? Can anyone vouch 4 them?

  • #1
  • First Post: Sep 13, 2016 12:21pm Sep 13, 2016 12:21pm
Hello All,

I am looking at Admiral Markets as a possible broker to try....

They are FCA regulated
They offer free bank and Sofort transfers
MT4
they offer 24/7 trading hours support

They look OK so far....

The questions are:

  1. Admiral Markets, is there a rep here?
  2. Can anyone vouch for Admiral Markets as a broker? Good/bad experiences?

  • #2
  • Sep 14, 2016 12:13pm Sep 14, 2016 12:13pm
Go for Swiss-quote UK version If you wanna FCA regulated with money protection scheme. They are having good track record and having FINMA and FCA regulations , both are good regulations. There're several issues with Admiral, better to reconsider your mind .
Never Gamble Forex
  • #3
  • Sep 15, 2016 4:28am Sep 15, 2016 4:28am
Have been using AM since 2008 or 2009. It had its problems like re-quotes and bad spreads, but most of the brokers did.
Itīs past now and I canīt complaint. Also very fast bank withdrawal and deposit.
Please add more indicators, I still see the real price! Thanks!
  • #4
  • Oct 18, 2016 1:55pm Oct 18, 2016 1:55pm
Quoting yesyoucan
Go for Swiss-quote UK version If you wanna FCA regulated with money protection scheme. They are having good track record and having FINMA and FCA regulations , both are good regulations. There're several issues with Admiral, better to reconsider your mind .
I started reading their policy, looked ok until I got to the part where I have to notarize my documents before they can authorize an account??? What broker asks for this?? You have to take half a day off to get your docs notarized to open an account with them??...Frack that
  • #5
  • Oct 18, 2016 1:56pm Oct 18, 2016 1:56pm
Quoting Crackpot
Have been using AM since 2008 or 2009. It had its problems like re-quotes and bad spreads, but most of the brokers did. Its past now and I cant complaint. Also very fast bank withdrawal and deposit.

Ok thanks Crackpot
  • #6
  • Oct 18, 2016 2:49pm Oct 18, 2016 2:49pm
Quoting meyoik
{quote} I started reading their policy, looked ok until I got to the part where I have to notarize my documents before they can authorize an account??? What broker asks for this?? You have to take half a day off to get your docs notarized to open an account with them??...Frack that
Good brokers ask to comply formalities. You can't get everything according to your choice.
Never Gamble Forex
  • #7
  • Oct 18, 2016 3:00pm Oct 18, 2016 3:00pm
Quoting yesyoucan
{quote} Good brokers ask to comply formalities. You can't get everything according to your choice.
It's not about it being my choice, what a lame infantile evasive answer...

How many other brokers ask you to go to a notary...really?? LMAX...? FxPro....? Forex.com....? ActivTrades....? LCG....? CMC.....? IC....? Baxter....? I could go on and on here.... It sounds more like, they are the odds one out

Unless of course, you can come up with a list of brokers that actually require you to go to a notary....can you?

Let's wait and see yesyoucan
  • #8
  • Oct 18, 2016 3:11pm Oct 18, 2016 3:11pm
Quoting meyoik
{quote} It's not about it being my choice, what a lame infantile evasive answer... How many other brokers ask you to go to a notary...really?? LMAX...? FxPro....? Forex.com....? ActivTrades....? LCG....? CMC.....? IC....? Baxter....? I could go on and on here.... It sounds more like, they are the odds one out Unless of course, you can come up with a list of brokers that actually require you to go to a notary....can you? Let's wait and see yesyoucan
what a lame infantile evasive answer.................Really? No body asked you to open account with swiss-quote. Don't be moron .
Never Gamble Forex
  • #9
  • Oct 18, 2016 3:35pm Oct 18, 2016 3:35pm
Quoting yesyoucan
{quote} what a lame infantile evasive answer.................Really? No body asked you to open account with swiss-quote. Don't be moron .
You are the one that got all sensi about their stupid policy....(wtf? why defend something so idiotic)....so again you resort to infantile replies....

Finish your milk, and go to bed
  • #10
  • Oct 18, 2016 4:24pm Oct 18, 2016 4:24pm
Another plus so far for Admiral....free deposits & withdrawals:

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 62 KB
  • #11
  • Oct 18, 2016 10:45pm Oct 18, 2016 10:45pm
Quoting meyoik
Another plus so far for Admiral....free deposits & withdrawals: {image}
Got it. You're bucket shop guy. Moron.
Never Gamble Forex
  • #12
  • Oct 19, 2016 4:19am Oct 19, 2016 4:19am
Quoting meyoik
{quote} I started reading their policy, looked ok until I got to the part where I have to notarize my documents before they can authorize an account??? What broker asks for this?? You have to take half a day off to get your docs notarized to open an account with them??...Frack that
OctaForex
  • #13
  • Oct 19, 2016 3:06pm Oct 19, 2016 3:06pm
Quoting timos
{quote} OctaForex
Ha ha ha Good to know!! yet another reason to avoid them....
  • #14
  • Oct 20, 2016 3:02am Oct 20, 2016 3:02am
Quoting yesyoucan
{quote} Got it. You're bucket shop guy. Moron.
Mate don't worry.... Some people need Doctor not Forum, but they hardly accept it...
  • #15
  • Oct 20, 2016 11:25am Oct 20, 2016 11:25am
Quoting Fedricks
{quote} Mate don't worry.... Some people need Doctor not Forum, but they hardly accept it...
100% agree . Also some forum posters are broker recruit. They're paid to post in their favor and this is white hat marketing strategy or you may say green level SEO so someone later find such FF post in google indexed and mind wash gullible newbie traders of such positive posts in favour of bucket shops.

while moron OP created such thread Admiral Markets, is there a rep here? Can anyone vouch 4 them? knowingly Admiral is bucket shop. He just need propaganda which better rank in google . He only need good vouch in favour of Admiral even most of know, it is Bucket shop broker. He ( working for Admiral as a common forum member - as commercial member vouch has very less impact on people) just need to acquire positive words to vouch Bucket shop broker.
Never Gamble Forex
  • #16
  • Oct 20, 2016 2:56pm Oct 20, 2016 2:56pm
OK, so basically only Crackpot has had a positive experience with Admiral Markets...

Everybody else seems to have had a not so positive one...would like to know the reasons tho...bad spread? commissions? high swaps? stop hunters? inexplicable MT4 glitches that don't get explained? couldn't get your money out? ridiculous policy clauses? bad customer service? latency? Performance?....what is the problem with Admiral Markets??
  • #17
  • Jan 9, 2017 12:51am Jan 9, 2017 12:51am
I've been using Admiral Markets. I believe they operate a B-book, which makes them a bucketshop (to some degree at least).
But just because they operate a B-book doesn't make them a bad broker. Of course they also have an A-book, probably use some form of ECN to aggregate orders and manage internal risk exposure.

No doubt, you're better off trading with an honest bucket shop than a dishonest "true ECN".

I opened an account with them to trade CFD's because they offer better spreads than pepperstone on index CFDs. Haven't had any problems yet.
  • #18
  • Jan 9, 2017 11:27am Jan 9, 2017 11:27am
Quoting KoiFish
I've been using Admiral Markets. I believe they operate a B-book, which makes them a bucketshop (to some degree at least). But just because they operate a B-book doesn't make them a bad broker. Of course they also have an A-book, probably use some form of ECN to aggregate orders and manage internal risk exposure. No doubt, you're better off trading with an honest bucket shop than a dishonest "true ECN". I opened an account with them to trade CFD's because they offer better spreads than pepperstone on index CFDs. Haven't had any problems yet.
Hi KoiFish, thanks for your reply. Ok a lot to think about after reading your post. Loved this bit:

"....you're better off trading with an honest bucket shop than a dishonest "true ECN".... "

Btw, are you trading with an MT4 set up?

Thanks for your insight on Admiral Markets!!
  • #19
  • Jan 31, 2017 9:28pm Jan 31, 2017 9:28pm
Quoting meyoik
{quote} Hi KoiFish, thanks for your reply. Ok a lot to think about after reading your post. Loved this bit: "....you're better off trading with an honest bucket shop than a dishonest "true ECN".... " Btw, are you trading with an MT4 set up? Thanks for your insight on Admiral Markets!!
yeah, I'm trading with the MT4 setup. I've found the customer service communication is prompt by email and telephone.
And you can adjust your account settings much more than most brokers let you, ie. Record the amount of slippage to order's comment field, Execution of stop and market orders as limit orders with predefined maximum Slippage... (several other things are also adjustable.)
  • #20
  • Feb 1, 2017 3:53am Feb 1, 2017 3:53am
Quoting KoiFish
{quote} yeah, I'm trading with the MT4 setup. I've found the customer service communication is prompt by email and telephone. And you can adjust your account settings much more than most brokers let you, ie. Record the amount of slippage to order's comment field, Execution of stop and market orders as limit orders with predefined maximum Slippage... (several other things are also adjustable.)
OK, thanks KoiFish. I'll take you give Admiral a thumbs up.
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