United States of America
A Rebate Service Working since 2009
Admirals
up to 40% of spread
Partner ID: 35135
Admirals has been a prominent name in the financial markets for nearly two decades, offering traders secure and transparent trading environments. The broker is regulated by top authorities such as FCA (UK), ASIC (Australia), and CySEC (Cyprus), ensuring traders' safety and funds protection through segregated accounts and negative balance protection. Admirals provides over 8,000 tradable instruments across Forex, stocks, indices, commodities, and ETFs, available on MT4 and MT5 platforms enhanced by the unique MetaTrader Supreme Edition and StereoTrader for advanced trading analytics.

News Admirals

January 14, 2021 in 12:00
admiral-markets-izmeneniya-v-usloviyakh-torgovli-xrp-image

Changes to XRP trading terms

Dear Clients,

In light of the recent U.S. Securities and Exchange Commission's filing against Ripple Labs Inc, the company behind XRP token, we have seen numerous leading cryptocurrency trading venues are suspending the ability to trade XRP tokens. 

In response to increased uncertainty regarding the continuity of XRP as a cryptocurrency, and decisions of key market participants beyond our control, we have decided to make the following changes to the trading terms of our CFDs on XRPUSD, XRPEUR and XRPBTC:

  1. Effective January 13th, 2021, all aforementioned XRP instruments trade in close-only mode. All clients on all account types will not be able to open a new trade or increase their existing open positions in these instruments. 
  2. On January 29th, 2021 between 16.00-17.00 EET (our MetaTrader time zone) we will force the closure of any remaining open positions in XRPUSD, XRPEUR, and  XRPBTC CFDs at prevailing market prices as quoted in our trading platform.

Please note that due to worsening liquidity conditions, we reserve the right to initiate a close out of remaining open positions on any date, including or before January 29th.