Admirals stated that this rebranding reflects its evolution from a brokerage firm to a full-spectrum financial service provider.
Admiral Markets AS was founded in 2003. In 2009, the Estonian Financial Supervisory Authority granted the company the activity license no. 4.1-1/46 for the provision of investment services. The main activity of Admiral Markets AS is the provision of trading and investment services (mainly leveraged and derivative products) to retail, professional and institutional clients. Customers are offered leveraged Contract for Difference (CFD) products in the over-the-counter market, Forex as well as listed instruments.
The Company’s activities have mostly targeted experienced traders, but since 2020 Admiral Markets has also strengthened its position in the beginner’s segment. Therefore, the Company focuses on the improvement of general trading skills of experienced traders and the training of new enthusiasts as well.
In addition to the provision of other support services, under White Label agreements, Admiral Markets AS, being the administrator and developer of the platform, provides all sister companies that are part of the same consolidation group the possibility of using the investment platform. In line with the Group’s strategy, the sister investment companies hedge the risks arising from their customers’ transactions in Admiral Markets AS, who is also their main liquidity partner. Due to this, the results of Admiral Markets AS depend on other companies in the Group.
In addition to the services offered to retail, professional and institutional customers, Admiral Markets AS also acts as a provider of support services for its consolidation group companies, being responsible for all key middle and back-office functions: administration and development of IT platforms, risk management, liquidity provision, marketing, financial services, compliance.
The licensed investment companies that are a part of the same consolidation group are Admiral Markets UK Ltd, Admiral Markets Pty Ltd and Admiral Markets Cyprus Ltd. Admiral Markets AS has a license granted by the Estonian Financial Supervisory Authority. Since other licensed investment companies that are part of the same consolidation group use the same joint trademark, the reputation of the trademark of Admiral Markets has a major direct impact on the financial indicators as well as the business success of the overall group.
Admiral Markets’ trading infrastructure enables optimised low-latency access to the world’s largest multi-asset class electronic trading ecosystem. Trading servers are located in one of the most prominent data centers and Internet exchange points for international financial services providers – Equinix London LD4. The proximity to trading servers of all major liquidity providers and institutional trading counterparties in combination with its proprietary order routing and execution engine consistently ensure best possible order execution outcomes for clients across all financial products.
The service to retail clients relies on two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The latter is the latest generation of the famous MetaTrader trading application, developed by the MetaQuotes Software corporation, which has been trusted and used by millions of traders and hundreds of trading service providers across the world for well over a decade. The MT5 platform inherited the intuitive, easy-to-use interface and trading functions of MT4 but, unlike its predecessor, it is no longer prone to tradable product range scalability limitations. The newest platform now also supports trading in exchange-traded products like stocks, exchange-traded funds, futures, bonds, and options. This inherent multi-asset support created an opportunity for Admiral Markets to engage with new market segments, reach an even broader group of traders and expand the global footprint of Admiral Markets by enabling trading in stocks and exchange traded funds.
In a partnership with third-party developers, the company created MetaTrader Supreme Edition – a trading platform add-on for desktop versions of MT4 or MT5 applications. MetaTrader Supreme Edition includes a set of market analysis and trading tools for clients and helps the company to gain a competitive edge over other investment services providers who also rely on MetaTrader platforms.
The total value of client trades during the year at Admiral Markets was €998B, or average monthly trading volumes of $100 billion.
In the opinion of Admiral Markets, not all market-specific circumstances have been taken into account by the regulator.
Crude oil prices turned negative for the first time in history in April 2020, as demand for crude dropped and storage for crude filled up.
Admiral Markets changed a range of stock CFD terms including type of instrument offered, portfolio size limits, leverage, and commissions.
Admiral Markets has set certain conditions for the trading of Gamestop Corp, AMC Entertainment, Express Inc, and Nokia Oyj.
Retail traders who ganged up in Reddit chatrooms to attack over-shorted stocks last week have now turned their attention to commodities.
As of January 29, Admiral Markets will force the closure of any remaining open positions in XRP CFD instruments.
The move is being made in concert with new rules in the UK being introduced by the FCA to ban all crypto CFDs for retail traders.
The virtual card is free and available to everyone with a live account, and the physical card is available for just 10 Euro.