Admiral Markets AS Latvijas filiāle | Brīvības iela 151, Rīga | +371 6611 6588 | admiral@admiral.lv

Accounts & Money Operations

Contents:
 

1. How to open a real trading account

2. Depositing funds to your trading account via credit card (VISA or MasterCard)

3. How to transfer money from one trading account to another

4. What is the minimum deposit amount?

5. Depositing funds to your trading account via wire transfer in US dollars (USD) or Euro (EUR)

6. Withdrawing funds from your trading account via wire transfer

7. I want to change the base currency of my account from USD to EUR. What should I do?

8. How many trading accounts can I have?


 

1. How to open a real trading account

1. An Admiral Markets AS real trading account can be easily opened in the Trader's Room in 5 minutes by registering and accepting an e-agreement. After finishing the registration process, your personal Trader's Room profile will be created. With Trader's Room you can open real or demo trading accounts, choose credit leverage and deposit currency, manage money operations, register to various trading contests, for countries in which it is available, you can also use the Trader’s Room to register for membership in the Admiral Club™ and order prizes.

2. The next step will be opening a real trading account in the “Account Management” section of your Trader’s Room. Please select the “Open private account” option from the right menu and fill in the online form. You will receive your unique login & password details for your real trading account. Simply download the MetaTrader 4 trading terminal in the “Software” section of your Trader’s Room or from our website, install it on your PC, run the terminal and enter your login data in order to begin trading in the global financial markets.
 
3. You can deposit funds to your real account by bank transfer, by credit card (VISA/MasterCard) or by e-money. Please navigate to the “Money Operations” section of your Trader’s Room for further details. The funds withdrawal process is also easily carried out in the Trader’s Room.

2. Depositing funds to your trading account via credit card (VISA or MasterCard)
  1. In order to deposit funds, please fill in the online form in the Trader’s Room (“Money Operations” section). Minimum transaction size is $ 1.
  2. Please be advised to keep your anti-virus software up-to-date and check your computer for viruses before using online payment systems. In the event you have noticed any pop-up windows that ask you for credit card data, please quit the procedure and promtly contact AM Technical Support by email support@admiralmarkets.com.
  3. For security purposes, credit cards are only accepted if account holder's name matches cardholder's name. Admiral Markets reserves the right to suspend any fraudulent payment, to freeze the involved MT4 account and to terminate the Customer Agreement, in compliance with anti-money laundering law.

3. How to transfer money from one trading account to another
  1. In order to transfer money from one trading account to another please use the Internal Transfer Form available in your Trader's Room (“Money Operations” section).
  2. You can transfer funds even if the base currency is not the same on the two accounts, if these accounts are attached to the same Trader's Room profile and you are a holder of these accounts.
  3. If the base currency of the two accounts is the same, the commission for funds transfer is 0%.
  4. If the base currency of the two accounts is not the same, the commission for currency exchange will be 1% of the Forex market rate.
  5. Please note that in order to comply with risk management standards, accounts that have been funded by credit card will not be able to make internal transfers using the function in the Trader’s Room.

4. What is the minimum deposit amount?

In order to activate your account for trading, any sum of money should be deposited to your account (in EUR or USD).

In order to open market transactions of minimum volume (starting from 0.01 Lots) you will need approximately 10-50 USD, depending on the trading instrument and the credit leverage of your account.

The margin (minimum sum of free funds available on your account) which is required to open 1.0 Lot transaction in different instruments with the standard 1:100 leverage is indicated on this table. Click on any instrument to see further details. If you hold two hedged positions of the same volume simultaneously (for example, one Sell 1.0 Lot position and one Buy 1.0 Lot position in EUR/USD currency pair), only the hedged margin will be required (it is usually equal to 50% of the standard margin).

5. Depositing funds to your trading account via wire transfer in US dollars (USD) or Euro (EUR)

We accept wire transfers (bank payments) in US dollars (USD) or Euro (EUR). We do not charge any transaction fees for depositing funds to your real trading account. Please note that your bank may charge a fee for an international transfer. The funds withdrawal process is also easily carried out by a transfer to the customer’s bank account.

In order to deposit funds by wire transfer please fill in the online form in Trader’s Room (“Money Operations” section, "Deposit by bank" link). Then transfer funds from your private bank account to Admiral Markets AS. bank account using the bank details that you will receive in your Trader's Room. Please note, that your bank may charge a commission for international transfers which depends on the chain of intermediary banks.

If you will experience some problems with your wire transfer or if the money will not reach your trading account in 3-5 days, please contact us via e-mail or phone.

6. Withdrawing funds from your trading account via wire transfer

In order to withdraw funds by wire transfer please fill in the online form in Trader’s Room (“Money Operations” section, "Withdraw by bank" link). Our commission for withdrawing funds from a trading account is 25 USD. For some of countries are available Domestic transfers, please check additional information inside your Trader’s Room.

Wire transfers can take from 1 to 5 working days. When withdrawing funds please make sure that your total withdrawal request does not exceed 65% Free Margin available on the trading account. Failure to adhere to this procedure could result in an unexpected Stop Out or Margin Call.

If you will experience some problems with withdrawing funds or if the money will not reach your bank account in 3-5 days, please contact us via e-mail or phone.

7. I want to change the base currency of my account from USD to EUR. What should I do?

You can open a new trading account in your Trader’s Room and choose its base currency in the account opening form. Then you can simply use the Internal Transfer Form available in your Trader's Room (“Money Operations” section) in order to transfer funds from your old account to your new account with another currency.

8. How many trading accounts can I have?

Total number of trading accounts one customer may have at the same time is limited to 10 whereas the total number of Admiral.Standard accounts (including accounts in golden units) related to the same customer is limited to 5.
 

 
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