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AdmiralCrypto Broker Review

AdmiralCrypto Broker Review
Markus Silvester
AdmiralCrypto is a relatively new broker on the market that claims to be involved in crypto trading. Cryptocurrencies, as special type of alternative currencies that are not regulated or supervised by any government authorities are considered to be a great investing opportunity so more and more broekrs appear each day. If you want to trade... Read more
AdmiralCrypto is a relatively new broker on the market that claims to be involved in crypto trading. Cryptocurrencies, as special type of alternative currencies that are not regulated or supervised by any government authorities are considered to be a great investing opportunity so more and more broekrs appear each day. If you want to trade cryptos, one of the most convenient ways to do so is via specialized brokerage companies. AdmiralCrypto claims to be exactly that and they promise to give you an opportunity to buy and sell bitcoin, ethereum and litecoin – 3 most popular crypto coins around. Make sure to read our AdmiralCrypto review to find out whether this broker is worth your money or not.
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  1. AdmiralCrypto is a relatively new broker on the market that claims to be involved in crypto trading. Cryptocurrencies, as special type of alternative currencies that are not regulated or supervised by any government authorities are considered to be a great investing opportunity so more and more broekrs appear each day. If you want to trade cryptos, one of the most convenient ways to do so is via specialized brokerage companies. AdmiralCrypto claims to be exactly that and they promise to give you an opportunity to buy and sell bitcoin, ethereum and litecoin – 3 most popular crypto coins around.

    Make sure to read our AdmiralCrypto review to find out whether this broker is worth your money or not.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk

  3. AdmiralCrypto Special features

    We always appreciate when the broker puts a lot of effort into creating different trading packages, also known as accounts. Unfortunately, in AdmiralCrypto review, we found no such offers. AdmiralCrypto is also not mentioning any special demo or trial account. We would definitely appreciate more options and better diversity, as in this case, all traders must use the same account type no matter their skills and previous knowledge on buying and selling crypto coins.

    AdmiralCrypto Registration Process

    If you want to open an AdmiralCrypto account, you have to register first. Find ‘Register’ button on the website and click it. You will immediately be redirected to an online form. We have to admit we were a bit confused as the entire online form was in French! This caused some inconvenience for our team, and we believe that many traders will be unpleasantly surprised as well. After we managed to fill out the form (mostly because we have some experiences in cases like this), we were immediately redirected to the trading dashboard. However, we can only imagine how an average trader that hasn’t written hundreds of reviews must feel when encountering an issue like this. This is also very unusual for a company that claims to be located in the center of London City.

    AdmiralCrypto Demo and Bonus

    AdmiralCrypto has no demo account – free or paid. This means that if you want to buy and sell cryptos, you have to do it for real money as soon as you start trading. For this reason, we suggest you do your homework first and learn about cryptocurrencies as much as possible. Only so is it possible to avoid any unpleasant surprises regarding trading implementation.

    AdmiralCrypto doesn’t offer any bonuses. We also found no mentioning of bonus in terms and conditions. It seems that AdmiralCrypto is not offering Islamic account.

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
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  6. AdmiralCrypto Trading software

    AdmiralCrypto review showed us how this broker has a proprietary trading platform but fails to deliver an explanation in English on how and why the platform should be used. This will definitely turn off many traders who can easily find a broker with a platform in their language.

    In this case, it can only be presumed (from our trading experience), how this broker is not giving you an opportunity to simply buy and sell coins. You can trade crypto-related contracts instead. Basically, you are never the owner of the crypto coin but are only trading based on their market movement. Some of the currency pairs we encountered on the platform are related to Ethereum, bitcoin, dash, litecoin, etc, xrp, xmr, bch, neo, zec, salt and omg. The pairs offered consist of one crypto coin and EUR. This makes portfolio diversification very limited as there aren’t many opportunities to trade a greater variety of contracts and pairs.

    Admiralcrypto mentions that you can buy and sell coins. Also, we noticed that you can make a deposit from your crypto wallet, but we never found any explanations how the entire process takes place.

    While we truly believe how AdiralCrypto can make francophone traders happy, all other should either select a broker with the trading platform translated into English or start learning French as soon as possible.

    AdmiralCrypto Mobile Trading

    AdmiralCrypto is a broker that is not offering any special mobile trading app or special mobile version. Even though most designs used on websites nowadays are responsive, it would be great if the broker would mention that on their website. Responsive design is the one that is automatically adjusted to the screen of your device. Traders, in this case, should definitely skip mobile trading as there is no mentioning of any special features that can make mobile trading more effective or adjusted to smartphones.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  8. AdmiralCrypto Support information

    Every trader appreciates a good customer support. After all, the customer support is the bridge that connects them to the broker. Considering that cryptos are very innovative industry, we also expected innovative customer support. AdmiralCrypto review let us down, as there is no live chat available. Also, traders can’t use skype or WhatsApp to communicate with customer support. Still, there are good old phone number and online form.

    When it comes to education, it’s all up to trader. Besides several basic articles, the entire learning process is left in trader’s hands which means you will have to dedicate some time into finding a reliable source of learning materials. Cryptocurrencies are not as simple as they seem, so we strongly advise doing a proper research before trying to trade them.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  10. AdmiralCrypto Payment Methods

    AdmiralCrypto minimum deposit is $250. You can deposit in EUR or USD. Also, you have bank wire, credit cards and crypto wallets at your disposal as methods of depositing and withdrawing. Even though they mention PayPal on their homepage, they are not offering it as a deposit method. But, when we tried to select our crypto wallet type, we were not able to do so. It remains unknown whether or not it is really possible to make a deposit via crypto wallet. Minimum deposit is $100.

    AdmiralCrypto leaves many questions regarding fees and depositing policy unanswered even in terms and conditions. Bear in mind that in case of a dispute, the terms and conditions in original French version apply.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    12. Your capital is at risk
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