Admirals Bonus Programs - TU Expert review
Bonus programs offered are an important factor for a trader when choosing a broker. The companies can make special offers for beginners as well as experienced traders. Bonus programs depend on a specific broker and they can differ substantially. Traders Union analysts have prepared a review of Admirals bonus program. You will learn about the available special offers and conditions of the brokers.
Brief introduction of Admirals
Admirals was founded in 2001. In more than 20 years of operation, a regional Estonian broker has grown into an international financial group of companies providing access to over-the-counter markets in more than 130 countries, as well as to exchange-traded stock instruments. Following the 2021 rebranding, Admirals became Admirals. The updated platform received new integrated risk management solutions.
| 💻 Trading platform: |
МТ4, MT5, MetaTrader Supreme Edition, WebTrader
|
| 📊 Accounts: |
Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, Zero.MT4
|
| 💰 Account currency: |
AUD, USD, EUR, GBP, BRL, MXN, CLP, SGD, THB, VND
|
| 💵 Deposit / Withdrawal: |
Bank transfer, Visa and MasterCard bank cards, Skrill, Neteller, Crypto
|
| 🚀 Minimum deposit: |
$1
|
| ⚖️ Leverage: |
Up to 1:1000
|
| 💼 PAMM-accounts: |
No
|
| 📈️ Min Order: |
0.01 (step — 0.01) — 100
|
| 💱 Spread: |
From 0-0.6 pips.
|
| 🔧 Instruments: |
stocks, ETFs, as well as CFDs on currency pairs, commodities, stocks, indices, bonds, ETFs, and cryptocurrencies.
|
| 💹 Margin Call / Stop Out: |
30%
|
| 🏛 Liquidity provider: |
Institutional banks from different countries, such as Citibank, Goldman Sachs, UBS, and Deutsche Bank.
|
| 📱 Mobile trading: |
Mobile version available
|
| ➕ Affiliate program: |
Yes
|
| 📋 Order execution: |
Market and exchange execution for the Invest account
|
| ⭐ Trading features: |
Available options for protection against volatility; One-click trading.
|
| 🎁 Contests and bonuses: |
No
|
Admirals Pros and Cons
👍 Advantages of trading with Admirals:
•5,000+ trading assets, with stock assets trading on exchange markets available.
•The company’s proprietary social trading platform (copy trading).
•Relatively tight spreads on most assets.
•The company’s own Supreme Edition plug-in for MT4 and MT5, which expands their technical and chart functionality.
•Relatively low initial deposit that provides for opening trades within risk management subject to leverage.
👎 Disadvantages of Admirals:
•Restrictions on leverage for retail traders without the “professional” status as required by regulators.
•Withdrawal fee is charged.
What kind of bonuses are there?
Forex brokers can offer a wide variety of bonuses.
The main types of bonuses are:
-
Welcome Bonus. Traders can receive additional funds for registration and for making the first deposit.
-
No Deposit Bonus. Brokers provide this kind of reward to the clients for just registration.
-
Deposit Bonus. This is a reward for each deposit made to the account.
Also, brokers may hold various promotions and prize draws that are valid for a specific period of time. In addition, some companies hold competitions among traders with a certain prize pool.
Brokers similar to Admirals
In addition to bonuses, you need to also take into consideration trading conditions. Traders Union analysts have prepared a comparison of Admirals with similar brokers. In this analysis, traders can learn in detail the trading conditions of Admirals and compare these conditions with competing brokers.
Comparison of Admirals with other Brokers
| Admirals | Bybit | Eightcap | XM Group | Exness | |
|---|---|---|---|---|---|
Trading platform |
MT4, MT5, WebTrader, Mobile platforms |
MetaTrader5 |
MT4, MT5, TradingView |
MT4, MT5, MobileTrading, XM App |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
Min deposit |
$1 |
No |
$100 |
$5 |
$10 |
Leverage |
From 1:1 |
From 1:1 |
From 1:30 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0.5 points |
From 0 points |
From 0 points |
From 0.8 points |
From 0 points |
Level of margin call / stop out |
No |
No |
No |
No |
No |
Execution of orders |
Exchange execution, Market Execution |
Market Execution |
Market Execution |
Market Execution |
Market Execution, Instant Execution |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
No |
No |
No |
No |
Yes |
Admirals is a suitable broker for both beginner traders as well as professional traders.
Overall. Bybit offers seamless Forex integration with crypto infrastructure, automatic leverage allocation, and MT5 support with Expert Advisors. The platform is suitable for users familiar with trading basics, as well as beginners and algorithmic traders.
Eightcap has favorable working conditions due to a large choice of instruments, tight spreads, high leverage, and no withdrawal fees. Integration with popular trading platforms and basic deposit/withdrawal options greatly facilitates work with the broker and reduces the entry threshold. In addition to comfortable conditions and low financial costs, traders get free educational materials and special services for technical analysis. A relative disadvantage is the absence of opportunities for passive income. Also, the broker works only with CFDs, so other groups of trading instruments are not available.
XM Broker is a broker for professional trading. Trading conditions correspond to the average market; there are technical advantages that distinguish XM Broker from its competitors.
Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.
Comparison of bonus programs of brokers similar to Admirals
Many brokers have bonus programs, not only Admirals. You can choose the most suitable option, depending on your trading experience and needs. Traders Union analysts have prepared a comparison of bonus programs of Admirals and similar companies.
| Bonus type | Admirals | Bybit | Eightcap | XM Group | Exness |
|---|---|---|---|---|---|
Bonuses |
No |
No |
If you are a new client of Eightcap and you fund your new live trading account with them within 10 days of your account being opened then you are eligible to earn up to a $1,000 trading credit bonus which you can also convert into real equity at a rate of $1 for every standard FX lot when you trade; $30 No-deposit bonus |
up to $5000 forex bonus, up to 100% forex deposit bonus |
Not offered |
Affiliate Program |
No |
No |
You can refer your followers and customers to earn passive income, with rebates up to $6 USD per lot and CPAs up to $900 USD |
Multi tier affiliate program |
40% of trading commissions |
Other |
No |
No |
No |
No |
No |
Conclusions
Admirals Bonus program is well developed. The broker offers a large number of various incentives for the clients. There are special offers for beginners and for experienced traders. The bonus program looks attractive also when compared to the competitors. Therefore, if a client is looking for a broker with a good bonus program, Admirals is certainly a broker to consider.
FAQs
What do I need to take notice of when choosing a broker?
When choosing a broker, consider the conditions the broker offers. They may turn out to be unacceptable. Also assess the size of the bonus and the rules for its withdrawal.
Is it possible to withdraw bonus money?
It depends on the conditions of the broker. Some brokers allow traders to do it under certain conditions, and some allow to use the bonus only for trading, while also allowing to withdraw only profit earned with the use of bonuses.
Can I refuse to accept a bonus?
Yes. Refusing a bonus is a trader’s right. If the conditions are unacceptable for you, there is no sense in agreeing to them.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.