Types of trading accounts

Why not join Admiral Markets Australia today, by choosing one of our leading trading accounts? Each account comes with a unique set of features designed to meet your specific trading needs and is backed by our world-class service plus support.

	Popular Admiral.Markets	Admiral.Prime	Admiral.MT5

Trading

?Minimum deposit	200 AUD 200 USD 100 000 CLP 600 BRL 3 000 MXN	1000 AUD 1000 USD	200 AUD 200 USD 100 000 CLP 600 BRL 3 000 MXN
Minimum deposit is the least amount of capital needed to activate your trading account
?Trading products	Currency pairs - 31 Cryptocurrencies - 5 Spot Metal CFDs - 4 Spot Energy CFDs - 3 Spot Index CFDs - 16 Index Futures CFDs - 3 Stock CFDs - 64 Bonds CFDs - 2	Currency pairs - 44 Spot Metal CFDs - 3	Currencies - 36 Cryptocurrency CFDs - 8 Spot Metal CFDs - 4 Spot Energy CFDs - 3 Index Futures CFDs - 4 Cash Index CFDs - 16 Stock CFDs - over 3000 ETF CFDs - over 300 Bonds CFDs - 2
Trading products is available for trading rolling spot contracts on currency pairs and Contract for Difference (CFD). A CFD is a derivative instrument that unlocks trading of a certain asset, without acquiring it. With CFDs, you only own the trading outcome that results from price fluctuations, not the asset itself.
?Leverage (currency pairs)	1:500 - 1:10 ²	1:500 - 1:10 ²	1:500 - 1:10 ²
Leverage shows how many times larger the size of your trade can be, compared to the size of your capital. If the leverage is 500:1, then a contract of 100,000 AUD requires only 200 AUD as a margin.
?Leverage (Indices)	1:500 - 1:10 ²		1:500 - 1:10 ²
Leverage shows how many times larger the size of your trade can be, compared to the size of your capital. If the leverage is 500:1, then a contract of 100,000 AUD requires only 200 AUD as a margin.
?Spreads and Pips	Starts at 0.8	Starts at 0	Starts at 0.8
Spread can be measured by subtracting the Bid price from the Ask price, in the quotation of a certain currency pair. It is measured in pips. As Admiral Markets provides you with the industry leading spreads, the price quotations for currency pairs come with five decimal points. The fifth number in the quote is also known as a nano pip. For example, let's take a look at the currency rate of AUD/USD. It is possible to buy this pair at 1.12345 and sell it at 1.2343. This means that the spread is equal to 1.23456 - 1.23453 and is 0.00003 or 3 nano pips.
?Limit and Stop Levels in Pips	0 pips	0 pips	0 pips
Limit / stop levels show the minimum possible difference between the current price on the market and the allowed price for a pending order. These levels are only applicable in normal market conditions and are measured in pips. Like most FX accounts in Australia, Admiral.Markets and Admiral.Prime accounts come with prices quoted to 5 decimal points.
?Commission (Currencies)		AUD 3.50 per 1.0 lots ³
Commission is the fee that is paid for each of the transactions. It is due every time the trade is opened and closed. The size of the commission is proportional to the size of your trade.
?Tick size (currencies)	0.00001	0.00001	0.00001
Tick size - the minimum possible change of a price
?Type of execution	Market Execution (NDD)	Market Execution (STP)	Market Execution (STP)
Our FX trading account in Australia come with instant and market execution types. Instant execution is the process of filling an order at the posted price. It is possible to receive a requote, as the posted price may no longer be valid. If such event occurs, you will be asked to reconfirm a newer price. Market execution is the process of filling an order at the best price that is available on the market. This way, a trader can be sure that there will be no requotes.
?Requotes
Requote is an altered price that is supplied when an order cannot be processed at the posted price. It is only the case for accounts that come with instant execution.
?Minimum Forex order size, lots	0.01 (step 0.01)	0.1 (step 0.01)	0.01 (step 0.01)
Minimum contract size is the lowest possible volume required to open a position. It is measured in lots, which is a standard for MetaTrader 4 and stands for 100,000 units of the currency. For other instruments, it is a certain, predefined amount - e.g. 100 barrels of crude oil or 100 oz of gold.
?Maximum Forex order size, lots	100	200	100
Maximum contract size is the largest possible value of the contract, to open a position. It is measured in lots, which is a standard for MetaTrader 4 and stands for 100,000 units of the currency. For other instruments, it is a certain, predefined amount - e.g. 100 barrels of crude oil or 100 oz of gold.
?Maximum open and pending orders	200	200	500
Maximum open and pending orders are the largest possible value of all of the opened orders, combined with all the pending orders on a single trading account.
?Stop out	30%	50%	30%
Stop out is the process of terminating open positions at the market price, due to a drop in margin level.
Hedging?
Hedging is the process of opening reversal positions on the same trading instrument.
?Trading software
Trading software - the platform required for traders to use a specific trading account.
Mobile trading

Automated trading Extra features Options for managing funds Investing News and market updates Promotions

Notes

Terms for CFDs on spot metals, cash indices, index futures, shares and bonds are provided in Contract Specifications.
Leverage rate for currency pairs and certain types of CFDs depends on notional position value and is provided according to Margin requirements
Commission is described for a single-sided trade. It is charged during the opening of a trade and amounts to a full-turn lot (the double amount). Examples of commission calculations per different account currencies are located in commissions.

Open an Account Register in the Trader's Room, upload required documents, fill in the 'Open an Account' form
Make a Deposit Choose a convenient payment method, fill in the 'Deposit Funds' form, check your account balance
Start Trading Download the MetaTrader platform, log in with your account credentials, start trading!

Apply for an account

Apply for a demo account

?Expert Advisors
Expert Advisors are algorithms designed for automating the trading process. For MetaTrader platforms Expert Advisors (EAs) have to be coded in MetaQuotes Language (MQL).
?MetaQuotes trading signals
MetaQuotes trading signals is a service supplied by the MT4 developer. It is a type of social trading that enables traders to generate extra revenues by sharing trading recommendations globally.

?MetaTrader Supreme Edition Add-Ons
MetaTrader Supreme Edition Add-Ons - a set of tools that enhance the MT4 trading experience. Includes an integrated Forex calendar, trading notifications, partial closure and numerous other helpful market analysis features.
? 1-click trading
1-click trading
? Volatility Protection Settings
Volatility Protection Settings – a unique set of advanced tools that allow traders to minimise risk while trading. VPS allows traders to manage acceptable slippage, trade in any market—regardless of volatility.
?Market Depth (Level II Pricing)
Market Depth (Level II Pricing) - an interface for viewing the order book, which helps to assess the instrument's current liquidity and anticipate the potential price action.

?Real-Time News
Instant news - real-time financial market updates and commentary from known experts, that are available in your trading terminal.
?Forex Calendar
Forex Calendar - the list of macroeconomic updates with their dates, release times, historic data and forecasted values. It includes the meetings held by central banks and other authorities.
?Autochartist
Autochartist - a tool that provides a fully automated way to find patterns on trading charts. This way you can find more opportunities for your trades.

Types of trading accounts

MetaTrader 4

iPhone app

Android app

MT WebTrader

MetaTrader 5

MT4 for OS X

?Social trading	MAC manager
Social trading - a way to generate additional profits, by allowing others to subscribe to your trading signals. This is only available to MT4 investment account holders. The terms on these accounts, are nearly identical to Admiral.Markets accounts.

?Social trading	Mac investor
Social trading - a potential way to generate income, by signing up for various trading signals from pro traders. This is only available to MT4 investment account holders. The terms on these accounts, are nearly identical to Admiral.Markets accounts.

?Admiral Club program
Admiral Club - a loyalty system that rewards your trading volume with points. Once you have accumulated a certain amount of points, you can exchange them for prizes or simply convert them into trading funds.