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admiraltraders

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ANSWER No, AdmiralTraders is not a safe choice. We strongly suggest you avoid using it.The platform claims to be a regulated entity, citing a registration number from Companies House (CH) as proof. However, it's important to note that in the UK, being registered with CH is not the same as being authorized by the Financial Conduct Authority (FCA). A thorough search reveals no matches for the broker on the FCA's register, suggesting that it does not have the required authorization.AdmiralTraders lacks oversight from any regulatory agency, making its offerings unreliable. To have a safer trading environment and a peaceful mind, investors are strongly advised to opt for fully regulated brokers over unregulated ones like AdmiralTraders.

Do AdmiralTraders offer islamic account?

AmirS

Australia

May 13, 2024

ANSWER We strongly advise against using AdmiralTraders, which is an unlicensed broker.This broker merely claims to be registered with the Companies House (CH) in an attempt to substantiate its legitimacy. However, it's crucial to understand that a broker operating in the UK without authorization from the Financial Conduct Authority (FCA) is functioning in an unregulated environment, as is the case with AdmiralTraders.Therefore, investors who deal with AdmiralTraders run the risk of losing their funds due to the lack of regulatory oversight. To mitigate such risks, we highly recommend that investors choose fully regulated brokers over unregulated ones like AdmiralTraders.

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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.