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Read more...We are pleased to announce the launch of a new account type on Admiral Markets – the Admiral.Pro account! Admiral.Pro trading accounts come with all of the latest and greatest technologies in the Forex trading market. With these accounts we can offer the ability to work directly on the foreign exchange market through the ECN (Electronic Communications Network) which provides direct access to liquidity.
Thanks to new developments in Forex trading software, we have created a system of BBO (Best Bid and Offer) which analyzes the price and liquidity of the world’s major banks such as UBS, Morgan Stanley, Goldman Sachs, Credit Suisse, Barclays, and Nomura. Our software translates the prices and liquidity into the best Bid/Ask offers, all in real time!
Additionally, we have managed to significantly reduce spreads. For example, with the EUR/USD currency pair, the spread can go as low as 0.1 pip and will average around 0.4-0.6 pips. With the Admiral.Pro accounts, you can take advantage of the NDD (No Dealing Desk) which will give you a speed, accuracy, and performance boost and will also nearly eliminate re-quotes!