Contents:
1. How to open a real trading account?
2. Depositing funds to your trading account by credit card (VISA or MasterCard)
3. How to transfer money from one trading account to another?
4. What is the size of minimum deposit?
5. Depositing funds to your trading account by wire transfer in US dollars (USD) or Euro (EUR)
6. Withdrawing funds from your trading account by wire transfer
7. I want to change the base currency of my account from USD to EUR. What should I do?
1. How to open a real trading account?
1. Admiral Markets Ltd real trading account can be easily opened in 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, become a member of Admiral Club™ and order your 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 Trader’s Room.
Please note: if you open and manage your trading account from the Trader's Room, there is no necessity to sign any paper contracts or fill in withdrawal forms, because for our customers' convenience all ordinary operations are fully automated and easily performed from your Trader's Room profile.
2. Depositing funds to your trading account by credit card (VISA or MasterCard)
- In order to deposit funds, please fill in the online form in Trader’s Room (“Money Operations” section). Transaction fee is not charged. Minimum transaction size is $ 1. Maximum transaction size is $ 2'500.
- You are required to have a cellular phone with SMS service enabled in order to receive one-time password for confirmation of your payment.
- If your credit card's currency differs from MT4 account's base currency, your bank will process the payment using its commercial exchange rate and therefore you will bear additional expenses.
- If your card was not used with us before, then security of the processing service provider will make you a call and ask several questions in order to check your identity. Once you are successfully identified, all your subsequent payments will be processed much faster.
- Your payment may be rejected in the event your card is not authorized for online payments. If you cannot complete your payment, please be advised to contact your bank for details.
- After filling the form in Trader’s Room, press the 'Submit' button. Please check all payment details at the next page. Next, press 'Submit and redirect to the LiqPay website for completing the transaction'. At the final step you will be redirected to the website of the processing service provider (LiqPay) and will be required to fill a standard authorization form. Please indicate a valid cellular phone number in order to receive SMS-passwords.
- You are required to enter one-time password in order to complete the transaction. One-time password is sent by SMS within 2-10 minutes after filling the form at the LiqPay website. If you fail to receive your password within 15 minutes, please submit your transaction request again.
- After funding your account by VISA or Mastercard, you will be able to withdraw funds exclusively by bank. Electronic systems such as Liberty Reserve will be no more available for making withdrawal requests. Also, please notice, that after funding your trading account by VISA or Mastercard, you won’t be able to transfer funds from this trading account to another account by using an internal transfer function in your Trader’s Room.
- Never disclose your credit card's data to anyone. In the event any AML employees have asked you for credit card's data, please inform AML Security by phone +7-495-775-75-08.
- Credit cards are only accepted if account holder's name matches cardholder's one. AML reserves the right to suspend any fraudulent payment, to freeze the involved MT4 account and terminate Customer Agreement, in compliance with anti-money laundering law.
- 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's data, please quit the procedure and promptly contact AML Technical Support.
3. How to transfer money from one trading account to another?
- 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).
- You can transfer funds even if the base currency is not the same on two accounts, if these account are attached to the same Trader's Room profile and you are a holder of these accounts.
- If the base currency of two account is the same, the commission for funds transfer is 0%.
- If the base currency of two account is not the same, the commission for currency exchange will be 1% of the Forex market rate.
4. What is the size of minimum deposit?
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 in 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 by 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 notice, 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). Then transfer funds from your private bank account to Admiral Markets Ltd. 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 by wire transfer
In order to withdraw funds by wire transfer please fill in the online form in Trader’s Room (“Money Operations” section). Our commission for withdrawing funds from a trading account is 5 USD for clients with bank accounts opened in SEB Bank Group (branches in many countries of Western and Eastern Europe as well as in USA, opening an account is free). For accounts opened in other banks the commission will be 25 USD.
Wire transfers can take from 1 to 5 working days. If your bank account is opened in SEB Bank Group, the transfers will be conducted faster. When withdrawing funds please make sure that there is enough free money (Free Margin) available on your trading account.
If you will experience some problems with funds withdrawing 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.