Admiral Markets
Jeffrey Cammack April 21, 2019 02:34 PM
A trustworthy global online broker, Admirals is regulated by some top-tier authorities, including Australia's ASIC. It offers a range of low-cost accounts and has an excellent suite of trading tools. However, traders may be disappointed in the high currency conversion fees for accounts denominated in other currencies. Admirals offers support for the MT4 and MT5 trading platforms in addition to Admirals’ sleek mobile app that is intuitive and easy to set up. It boasts excellent trading conditions on four live accounts, with spreads that start at 0.5 pips (EUR/USD) on its commission-free accounts, and commissions of 6 USD (round turn) on its Zero Accounts in exchange for spreads of 0.1 pips (EUR/USD), which is highly competitive. Admirals offers trading on over 3200 CFDs and over 4000 stocks and is home to the MetaTrader Supreme Edition, a plugin that offers technical analysis on virtually every financial instrument. Overall, with local ASIC regulation, some of the lowest trading fees in the industry, a huge choice of financial instruments, and excellent trading tools, Admirals will appeal to many Australian traders.