Reply To: Admirals Good or Not?

James Barra
Moderator Team

    Hi Sammy,

    We’ve been evaluating Admirals, formerly Admiral Markets, for a number of years and scored it 3.5/5 in our latest tests, which is fairly good, though it trails the best brokers.

    Where it excels is its extensive investment offering now comprising over 8,000 assets (CFDs, forex, commodities, stocks, indices, bonds and ETFs).

    It’s also got a particularly strong MetaTrader offering with the Supreme Edition delivering useful extras like tick charts, mini charts and an advanced indicator package.

    After introducing fractional shares and enhancing its education and research (it now hosts a regular podcast) it also offers a lot for aspiring traders.

    Weighing the negatives, Admirals lacks a proprietary web platform that may provide a smoother entry point for newer traders. Customer support has also been hit and miss during testing and casual traders should note a €10 inactivity fee applies.

    Overall, it’s a reasonable option, but other brokers could be a better fit depending on your needs.