Admiral Markets has once again expanded its product offering in H1 2018, this time with the launch of Admiral.Invest. The new account covers a wide range of instruments, including broader access to equity markets in Europe and the US, based on the MetaTrader 5 platform (MT5).
In particular, the freshly unveiled Admiral.Invest account includes exposure to a basket of UK, US, and European stocks numbering 265 in total. The largest companies across these equity markets are included in the account, with Admiral Markets also looking to expand on this figure in the near future.
The availability of the new account type adds to Admiral Markets’ existing Admiral.MT5 account, as well as Admiral.Markets and Admiral.Prime accounts, based on MT4. Equity markets have been in higher demand in 2018, leading to the brokerage to improve its stock coverage in the form of a new account type.
Market Trading Ideas for May 10-14Go to article >>
Looking ahead, Admiral Markets will also be exploring options of portfolio investing in the Admiral.Invest account. The account type includes real-time market data for all 265 stocks covered in the account for free.
Consequently, the account helps shore up Admiral Markets’ equity coverage as well as a fully supported multi-asset offering for investors and traders. The decision to make the account compatible with MT5 is a logical choice given the trading platform’s rise in popularity and usage over the past year.
In addition to its support of MT5, the Admiral.Invest account offers several important parameters that traders should be aware of. This includes no leverage but rather real 1:1 stock trading. Moreover, no short trading is permitted on the account, meaning investors can profit only with rising markets. These limitations come with benefits, however, such as the possibility of long-term investments, which will allow traders to earn dividends and use them as a savings fund.
The expansion of Admiral Markets’ product suite is its second such development in early 2018. Back in February 2018, Admiral Markets chose to focus on bolstering its cryptocurrency offering. The broker focused on increasing its contracts-for-difference (CFDs) offering to include Dash, Monero, and Zcash, adding to a long list of other cryptos on offer.