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Any experience with Admiral Markets Philippines?

freedompinoy · 5 · 1820

freedompinoy

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Hello PMT.  Would like to ask if are there traders here who have tried Admiral Markets?  If yes, please share your experience may it be good or bad.  Am thinking of putting some of my funds to a different broker. 

Thank you.
« Last Edit: Oct 08, 2014, 11:44 PM by FutureGizmo »


proudtobepinoy

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Reply #1 on: Feb 18, 2014, 09:15 PM
Hi paup naman, anyone tried na po ba?
http://www.admiralmarkets.ph/forex/payment-systems/
Tsaka nakita ko po sa website nila above walang option to deposit funds through a local bank, and also withdraw in the future except standard chartered?  Pero branch pa sa ibang bansa

another payment option is skrill, pero i have researched na mahirap magverify ng peso denominated credit or debit card with them.

Sa mga nakapag try na po paano po kayo nakapag deposit and withdraw ng funds?


chris4stuff

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Reply #2 on: Feb 19, 2014, 02:55 AM
You can do a bank deposit through BDO.  Your money should already be in USD.
Easy process, takes 10-15 mins.  No hassle, just wait that short.

For withdrawals, you can make a request, then it will take 3-5 days to get it.  Admiral Markets Hong Kong will transfer funds to Standard Chartered HK (money is still USD) to Standard Chartered Phils (money is still USD) to your personal bank (money is still USD).  If you have a USD account, it will automatically deposit it there.  If you have a peso account, it will convert it to peso.  All transactions will charge you $40-50, all because of bank transaction fees.

Hope this answers your question.

« Last Edit: Feb 19, 2014, 03:50 AM by chris4stuff »


proudtobepinoy

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Reply #3 on: Feb 19, 2014, 07:22 AM
Thanks for this info chris


Dogberto

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Reply #4 on: Sep 15, 2014, 12:07 AM
The Admiral Markets office in the Philippines is dead and gone.
I think there was a change of ownership and the company is now known as MTRADING.


 


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