ADMIS Review 2024
Minimum
deposit:
  • $20 000

Trading platform:

  • CQG
  • Trading Technologies
  • Oak Web
  • Oak Desktop
  • Apex
  • Cunningham Trading Systems
  • NEXUS Portal (Mobile)
Regulation:
  • FCM
  • CFTC
  • NFA

ADMIS Review 2024

Updated:
Updated: October 06, 2023

4.69

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $20 000

Trading platform:

  • CQG
  • Trading Technologies
  • Oak Web
  • Oak Desktop
  • Apex
  • Cunningham Trading Systems
  • NEXUS Portal (Mobile)
Leverage:
  • 1:1
Trading features:
  • With an increase in the trade turnover, the size of the commission per trade decreases

Summary of ADMIS Trading Company

ADMIS is a broker with higher-than-average risk and the TU Overall Score of 4.69 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ADMIS clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. ADMIS ranks 65 among 78 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

ADMIS is a professional trading broker that offers futures and options trading on the major US and global exchanges.

ADM Investor Services — ADMIS — is an American Futures Commission Merchant (FCM) broker that provides execution and clearing services for trading futures and options contracts. In 1966, the company became a member of the Chicago Chamber of Commerce. ADMIS in the United States is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA 0000360). Five subsidiaries in Asia and Europe, as well as ADM Investor Services representative brokers, serve traders around the world.

💰 Account currency: USD
🚀 Minimum deposit: from $20,000 
⚖️ Leverage: 1:1
💱 Spread: Absent
🔧 Instruments: Futures, futures options
💹 Margin Call / Stop Out: No

👍 Advantages of trading with ADMIS:

  • The excellent reputation of the company in the USA and globally.
  • A wide range of futures contracts in various industries.
  • Membership in all major American and international futures exchanges.
  • The company is officially regulated by US government commissions.
  • The presence of an extensive network of representative brokers and subsidiaries, that gives the possibility to cooperate with ADMIS not only for residents of the United States.
  • Free provision of in-depth analytics and high-quality research of the futures markets.
  • The company offers many trading platforms that support professional analysis tools.

👎 Disadvantages of ADMIS:

  • Strict requirements regarding the minimal deposit.
  • Additional non-trading commissions for the deposit and withdrawal of funds and the software provided.
  • Absence of training, online chat, and demo accounts.

Evaluation of the most influential parameters of ADMIS

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.63

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

5.71

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

5.35

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

5.13

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

5.29

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

5.65

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

5.87

/10

Geographic Distribution of ADMIS Traders

Popularity in

95.5%
US
United States
4.5%
Others
Others

User Satisfaction i

17 comments
Total score:
6.2 /10

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Rafetakisa
2 years ago

I had heard about ADMIS for a long time, but its deposit requirements and lack of training were the main reasons why I put off opening an account here for so long. After all, $20,000 is not a small sum. However, I finally opened an account. For futures traders, the broker turned out to be good because the assets are different, there are many of them, and trading terminals are extremely functional even though ADMIS also charges for their use. But the main advantage of ADMIS for me was the market analysis tools and the broker's proprietary analytical materials.

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armandolp3
2 years ago

I often heard that ADMIS is only for active traders, professionals, and investors have nothing to do here. It just so happened that I have been trading futures for about 5 years and investing for more than 10 years. And, in my opinion, ADM Investor Services made a great move by adding the ability to open managed accounts. Here I can trade independently and at the same time receive income from a managed portfolio, albeit in the future. But I am sure that professionals work in ADMIS, and my trading rights and money are protected. For those who have the opportunity to invest in trading from $20-25 thousand, I recommend the ADM Investor Services broker.

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harveywp4
2 years ago

I have been working with ADMIS for three years and I still believe that there is no better broker for futures trading. The information and tools that I receive from ADM Investor Services have allowed me to increase my trading efficiency by three times. Since I am trading on behalf of a company, these figures are fixed. At the same time, I’m not sure that I would open an account with ADMIS as a retail trader, since the deposit and commission costs are quite high and because a bank card is the only way to deposit when outside the USA, which is not always fast and convenient.

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DonaldFox
2 years ago

Opening an account with ADM Investor Services in 2015 was the first step for me to improve my trading skills. This broker does not have courses, tutorials, or a demo account, but it does have effective market analysis tools. And the deeper you study and understand the market, the higher the probability of opening the right deal. For this reason, I believe that every dollar paid by ADMIS was worth it. I can only find fault with the ways of contacting the support service. An online chat would be appropriate, since I am not always ready to wait for an answer for several hours, and questions are more often related to the technical part of trading.

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JarrodOl
2 years ago

ADM Investor Services is an excellent broker for those who know the value of quality analytics. I was personally convinced of this when I compared ADMIS with other companies, but I still came back here. At first, it seemed to me that it was unprofitable to cooperate with ADMIS because the deposit and commissions are quite high, and so are the non-trading fees and fees for trading platforms. But over time, my trading skills became more efficient, and the materials that I studied at ADM Investor Services played a key role in this. Therefore, I give the broker five stars for trading conditions, but I can’t rate the work of the support service as highly. Their answers, although informative, are very long and sometimes convoluted.

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NathanFruh
2 years ago

At the moment, ADMIS does not suit me. Trading commissions are higher than the average for the market, while commissions are charged for replenishment, withdrawal, use of terminals, etc. At the same time, the minimum deposit is substantial. I won’t say that it’s bad because perhaps the trading conditions of this broker are really one of the best for futures trading. But right now, I’m not ready to pay such amounts for convenient conditions and deep analytics.

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resende
2 years ago

Money is not withdrawn, information is not given, these phones are invalid. Another scam.

Expert Review of ADMIS

ADM Investor Services is a futures clearing firm with a full range of execution and asset management brokerage services. It has a long history and its ancestor Tabor Grain and Feed Company began operations back in the 1930s. Today, ADMIS’s comprehensive services are used by hedge funds, wealth managers, and institutional, commercial, and retail traders globally.

The broker trades on all major US futures exchanges and is regulated by the most reputable market supervisors. One can see a clear focus of ADMIS on professional market participants and wealthy investors. Cooperation with the company is possible only after depositing at least $20,000 US dollars to the trading account.

ADMIS charges average trading fees and it charges a fee for most of the provided trading terminals. There are also non-trading fees, not only for withdrawing funds but also for making deposits by paper check. The broker does not provide 24/7 support, and there is no online chat and training on futures and options trading on their website.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of ADMIS’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Broker

ADMIS is aimed at active traders in futures contracts, not passive investors. At the moment, the company offers only one investment solution, which is to work with diversified portfolios of assets. 

Managed futures are an investment strategy from ADMIS

ADMIS offers a portfolio management service for futures contracts. They are formed by the so-called Commodity Trading Advisors (CTA) — professional asset managers who are registered with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). Key benefits of managed futures for an investor are:

  • Broader Trading Opportunities - CTAs have access to tools from over 150 global markets.

  • The possibility to reduce the overall risk of the portfolio because the manager collects a diversified mixture of futures contracts from various industries.

  • Potential opportunity to make a profit in different economic conditions, unlike other securities (stocks and bonds), because futures are less susceptible to inflation and other acute changes in the market situation.

Managed futures accounts are a basket of investments controlled by a professional manager. In the case of identifying assets that are ineffective in terms of profit, the manager constantly replaces them with those for which higher profitability is expected.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

ADMIS’ affiliate program:

  • Introducing Broker (IB) is a legal entity whose activities are regulated in the jurisdiction of its registration. IB acts as an intermediary between connected clients and ADMIS. At the same time, it transfers client orders to FCM but does not execute them. Introducing Brokers access comprehensive back and middle office tools and have free access to trading platforms and market analysis from ADMIS.

  • Introducing Agent (IA) is an individual or legal entity that introduces potential clients to ADMIS services. Unlike introducing brokers, agents are not subject to regulation and their status is strictly limited by permission to start a business. Also, Introducing Agents do not enter into business relationships between ADMIS and connected investors.

Participation in the Introducing Agent referral program allows retail traders to earn passive income for attracting new clients to ADMIS.

Trading Conditions for ADMIS Users

The broker ADMIS offers its clients to trade futures and options contracts for agricultural commodities, energy carriers, metals, and currencies. The minimum deposit is $20,000. Demo accounts are not available. For trading, the broker provides more than 10 desktop, mobile, and web terminals with and without a monthly fee. You can deposit and withdraw funds using ACH, checks, and bank transfers. Investors can also transfer assets to ADMIS from accounts opened with another brokerage company.

$20 000

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: Oak Web, Oak Desktop, Apex, CQG, CTS (Cunningham Trading Systems), TT (Trading Technologies), NEXUS Portal Mobile APP, and others.
📊 Accounts: Real Account
💰 Account currency: USD
💵 Replenishment / Withdrawal: No
🚀 Minimum deposit: from $20,000 
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: 1 contract
💱 Spread: Absent
🔧 Instruments: Futures, futures options
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: Proprietary agregator 
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: No
⭐ Trading features: With an increase in the trade turnover, the size of the commission per trade decreases
🎁 Contests and bonuses: No, except for the Traders Union’s rebates

ADMIS Commissions & Fees

Information
After analyzing the terms of ADMIS, the specialists at the Traders Union found that the broker charges fees for order execution and non-trading fees for depositing and withdrawing funds. The fee for an online futures transaction depends on the trading volume and starts at $5 for opening and $5 for closing, that is, from $10 per transaction + exchange fees. It should also be borne in mind that trading with IB implies additional commissions. For example, the Introducing Broker Optimus Futures charges an additional $0.5 each way. ADMIS charges a $15 fee for deposits and withdrawals using a physical check, $20 for domestic bank transfer withdrawals, and $30 for international wire transfers. Transfers via ACH and mobile checks are free. The trading terminal fee ranges from 0 to $1400 per month.
Account type Spread (minimum value) Withdrawal commission
Real account from $10 Charged when using bank transfers, paper checks, and special trading tools

There is a $25 monthly inactivity fee.
Also, the experts at the Traders Union have calculated the average trading fees charged by ADM Investor Services, Ally Bank, and Charles Schwab. The results for this indicator are reflected in the comparative table below.

Broker Average commission Level
ADMIS $10 Medium
Charles Schwab $11 High
Ally Bank $4 Low
Logo ADMIS
$10
$11
$4

Detailed Review of ADMIS

Since 1966, ADMIS has been providing its clients with access to the futures and options markets. It has offices in the United States, United Kingdom, Singapore, Hong Kong, and Taiwan, and serves investors through an extensive network of introducing brokers around the world. The company offers superior execution and clearing, in-depth market analysis and research, and access to industry-leading trading platforms.

ADMIS by the numbers:

  • The history of the company spans 90 years.

  • For over 55 years it has been a clearing member of the Chicago Board of Trade.

  • The staff includes about 1,000 professional futures market managers.

  • It has 6 subsidiaries in Europe, North America, and Asia.

ADMIS is a broker for professional market participants with a solid capital reserve

ADMIS is a Futures Commission Merchants company that accepts orders to buy or sell futures and options contracts, as well as money from clients for their execution. The broker serves various types of investors such as institutional, commercial, and corporate clients. ADMIS also offers services to wealth managers, hedge funds, and high net worth individual traders.

The company offers a wide range of trading platforms for various types of instruments. All of them are designed for professional trading, therefore they display quotes in real-time, have advanced functionality for analysis, and extensive charting capabilities. A limited number of platforms (Oak Web, Apex, Oak Desktop) are provided free of charge, but for most terminals, ADMIS charges a monthly subscription fee.

Useful services offered by ADMIS:

  • Market Information. A section of the website that provides access to several screens for monitoring various markets, the economic calendar, text and video comments from ADMIS specialists.

  • Quotes, Charts & News. It’s a block with quotes, charts, diagrams, and news for the most popular options and futures. The user has the opportunity to create his own lists for monitoring selected types of contracts.

  • Dashboards. Seven dashboards can track market data by industry. Investors can switch between contracts for grain, currency, livestock, energy products, metals, commodities, and finance.

  • Market research. In this section, the company publishes market commentary, daily and monthly market reviews, advice, and recommendations on trading strategies, seasonal charts, and historical charts.

Advantages:

1

The broker accepts clients not only from the USA but also from all over the world.

2

Registered traders get free access to professional analytics, research, real-time quotes, and news.

3

ADMIS clients can receive both active and passive income. The company offers several types of referral programs and managed accounts.

4

The broker charges a fixed trading commission for all types of contracts. The larger the trading volume, the lower the order execution fee is.

5

You can go through verification and open a trading account online.

6

The CFTC regulator requires brokers with FCM status to use segregated bank accounts to keep funds and assets of their clients.

Clients can trade assets through any device. The company provides not only desktop terminals for computers and laptops, mobile applications but also web platforms that do not require the installation of additional software.

How to Start Making Profits — Guide for Traders

ADMIS clients have access to a single type of account with high requirements for the size of the initial funding.

Account types:

Account Type
Description
Real Account
is an account with a minimum deposit of $20,000. It allows you to make transactions with options and futures contracts online or by phone. The trading commission is fixed and ranges from $5 each way. ADMIS offers a 50% day trading margin on most futures contracts. However, qualified clients are entitled to receive 25% of the day trading margin on certain instruments.

The broker does not provide demo accounts, so trading is possible only with real funds.

ADMIS is aimed at professional market participants who are willing to invest large sums in futures and options trading.

Bonuses Paid by the Broker

According to the requirements of its regulators, bonuses or cash incentives are not available to the clients of ADMIS.

Investment Education Online

Information

There is no training section on the ADM Investor Services website. The broker is focused on professional market participants, so it is keen on providing quality analytics and market data, rather than educating newbies. Novice investors may find useful the information presented in the Special Offers block of the Market Information section.

Information represented in Special Offers
Information not available on the ADMIS website
Trading charts for 20 popular commodity futures contracts
Glossary of terms related to options and futures
2021 futures market outlook
Principles of trading futures and options contracts
2021 Hightower Commodities Trading Guide
Concepts of speculators and hedgers
E-mini Dow Futures Trading Basics
Principles of work with trading terminals
 
Explanation on how to read technical charts

Demo accounts are not available to the company’s clients, but everyone has the opportunity to request a demonstration of trading terminals to get acquainted with their selected interface.

Security (Protection for Investors)

Information

ADMIS is the trade name of ADM Investor Services, Inc. It is registered with the Futures Commission Merchants (FCM) with the Commodity Futures Trading Commission (CFTC) and is a subsidiary of Archer Daniels Midland (NYSE: ADM), and finally, it is part of the CME Group.

ADMIS is a member of all major US futures exchanges and the National Futures Association (NFA). The main requirements of the CFTC are the submission of monthly financial statements by the broker and the keeping of client funds separately from the company’s equity capital.

👍 Advantages

  • Investor funds are kept in segregated bank accounts rather than internal company accounts
  • Supervisory authorities regularly monitor the broker’s financial performance

👎 Disadvantages

  • To open an account, you need to fill out several legal forms
  • The company opens an account only after detailed verification of the information provided by the trader
  • You cannot deposit and withdraw funds using bank cards and e-wallets

Withdrawal Options and Fees

  • The available methods of withdrawing money from ADMIS accounts depend on the country of residence of the client. US residents can withdraw funds through ACH, checks, and wire transfers. The clients who have opened an account outside the United States, have only one option and that is by crediting funds through a bank account.

  • Withdrawals via ACH are made without charging a commission. Fees for wire transfers to an account in US banks, the client pays $20; to banks in other countries, the fee is $30.

  • If a client issues a request for the delivery of a paper check by mail, then the broker charges $15.

  • Withdrawals are made in US dollars.

  • Withdrawal requests can only be submitted by verified clients.

Customer Support Service

Information

You can send a question by email 24/7, but managers answer them only during company working hours.

👍 Advantages

  • Technical support representatives give detailed answers

👎 Disadvantages

  • There is no online chat
  • Email responses come within 6-24 hours
  • Operators do not respond on weekends and holidays

This broker provides the following communication channels for its clients: 

  • by phone - local and free international;

  • by email;

  • using a ready-made contact form (it can be found in the Contact Us section of the website).

Not only clients but also unregistered ADMIS users can ask a question to a company representative.

Contacts

Foundation date 2007
Registration address 141 W. Jackson Blvd., Suite 2100A, Chicago, IL 60604, US
Regulation
Official site
Contacts

Review of the Personal Cabinet of ADMIS

To open an account with an ADMIS broker online, follow these steps:

1

Go to the official website of the company and at the top of the main page, click the Open an Account button.

ADMIS Review — Registration
ADMIS Review — Registration
ADMIS Review — Registration
2

Click Open A New Account Online.

ADMIS Review — Opening an account online
ADMIS Review — Opening an account online
3

After that, choose Create Login.

ADMIS Review — Creating a login
ADMIS Review — Creating a login
4

Fill out the registration form, indicating your name, surname, and email address. You also need to create a username and password.

ADMIS Review — Filling out the registration form
ADMIS Review — Filling out the registration form
5

Now enter your personal account. To do this, enter the username (or email) and password specified in the registration form.

ADMIS Review — Authorization
ADMIS Review — Authorization

In the personal account of ADMIS, the client will have access to:

  • The section with the history of financial transactions.

  • The trade history section.

  • The educational and analytical sections.

  • The Portal for contacting support.

  • Legal documentation and broker contacts.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
ADMIS Review ADMIS Review

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FAQs

Do reviews by traders influence the ADMIS rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about ADMIS you need to go to the broker's profile.

How to leave a review about ADMIS on the Traders Union website?

To leave a review about ADMIS, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about ADMIS on a non-Traders Union client?

Anyone can leave feedback about ADMIS on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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