Adamant Finance Review 2022: It’s Scam Or Safe?

Adamant Finance

$20

Min Deposit

0.0

Min Spread

2021

Foundation

+2

Broker Trusted Points

Brokers have been an essential part of the financial services as they support the traders for a beneficial trade. The trading markets and instruments are several, and trading with such confusion of which one to select is a tough choice for investors. To solve this problem, traders check with the market and signals of the trading platforms to analyse the instruments. 

Hence, brokers are of great help for trading as they have all the required tools, platforms, leverage, customer support, deposit and withdrawal and many more services. With this article, readers will get introduced to the Adamant Finance broker, who has been a good trading aid for investors since 2008. 

The Adamant Finance review gives a detailed view of the broker, its services, features and functions. For trading, it is necessary to know all the market, its instruments and the broker who assists the trader. The article has covered all the aspects of Adamant Finance so, let’s understand it and have an excellent trading experience. 

Adamant Finance Review: Pros and Cons

The brokerage service provider is the best for forex and other trading markets. Traders can invest with them and have access to global markets, easy trading, various accounts and many other benefits. Here, we have listed the pros of the broker but have also mentioned the cons to give a glimpse of their services. Check out the advantages and disadvantages of the Adamant Finance review: 

Pros:

  • Regulated broker 
  • Minimum deposit $100
  • Deposit and withdrawal facility 
  • Advanced trading platforms 
  • More than 10,000 clients 
  • Various trading products
  • Customer support 

Cons:

  • No hedging services

Adamant Finance Review: Scam and Regulation

Adamant Finance has been in the financial services for 14 years now; it was founded in 2008, and since it has grown to make the trade comfortable and efficient for its clients. The broker’s main reason for establishment is clients comfort and developing their skills. Hence, attracting clients globally and offering them brokerage services. 

The broker is monitored by the Cyprus Securities and Exchange Commission (CySEC). The authority protects the clients from any trade discrepancies with their reimbursement schemes. The scheme provides traders with the right to have gained in case the broker goes insolvent. Moreover, they regulate the behaviour of brokers, secure the clients from malpractices etc.

Thus, Adamant Finance is a legitimate broker and not a scam.

Adamant Finance Review: Trading Account Types

Traders of Adamant Finance broker have four trading account types with an option of a demo account for practise trading. All the account types are discussed here for a detailed explanation. This will make it peaceful for investors to use them and trade. So, Let’s drive-in and know the features of Adamant Finance trading accounts. 

Real Account

The real account service of Adamant Finance broker is the most used, as the account has the bid application concluded in its several steps. Moreover, it is the basic account of the broker that is feasible for both novice traders and professionals. The traders can have the bid application concluded with the following: 

  • When the broker receives a trade order, they add appropriate leverage to it hence, increasing the trade profits of the investors
  • The trade orders are combined with other participants orders in a system
  • The bid gets postponed

The Adamant Finance broker accounts provide reliability and stability for fundraising, which is not available with other market brokers. In addition, the account has plans for beginners, experts and for professionals of the market. 

Traders with newbie accounts have the following services: 

  • Minimum deposit of $250 
  • 9 widely used currencies
  • 25+ trading instruments
  • Fixed/floating spreads
  • Personal account manager 
  • Multilingual support 
  • Micro-lot trading

Depositor account of experts has the listed facilities: 

  • 4 types of assets 
  • $1000 minimum deposit 
  • 150+ trading instruments
  • Fixed/floating spreads
  • Personal account manager 
  • Multilingual support
  • 30% account protection 

The progressive account has the given services: 

  • 4 types of assets
  • $5000 minimum deposit 
  • 200+ trading instruments
  • Fixed/ floating spreads
  • Personal account manager 
  • Multilingual support 
  • 40% account protection 

Other than the start level, account traders also have professional account types available with all account types. Here we have the details of professional accounts: 

Elite account: 

  • $25000 minimum deposit 
  • 4 type of assets 
  • 250+ trading accounts
  • fixed/floating spreads
  • 20% account bonus 
  • Mentor training program 
  • Trading in micro-lots
  • 50% account protection 

Advanced account:

  • 4 types of assets
  • 300+ trading instruments
  • $50000 minimum deposit
  • Multilingual support
  • 50% account bonus
  • 60% account protection 
  • Personal account manager 
  • Personal analyst

Premium account: 

  • 4 types of assets 
  • $100000 minimum deposit 
  • 300+ trading accounts
  • Multilingual support 
  • 60% account bonus 
  • 70% account protection 
  • Personal account manager 
  • Personal analyst 

Cent Account

The central account of the broker is a trading account that frees up a lot of space for financial manoeuvres. With the account, traders have to provide all the personal information for registration and funds to begin their trading. The account also provides the services of start level and professional level accounts. 

Thus, a trader can have elite, advanced, premium, newbie, depositor and progressive accounts to invest. 

Mini or Micro Accounts

The mini or micro accounts are tailor made for the beginners of the market. The traders who have less fund availability immediately can use the account to invest in the market. When the account has reached the limit of where traders can participate in auctions, the broker converts the account into a real account. 

With this account type also, traders can have the start level and professional level accounts. 

Forex Investment Accounts

The forex investment account is for the clients who want to invest in the market with an expectation of profits from their market investments. The account is generally for forex traders, as the name suggests and allows individual traders to buy and sell the currencies. The trading account offers investors to trade with the start level and professional level accounts. 

Demo Account

A demo account is the practice or training account of the broker that has been designed particularly for market beginners. The account has a terminal program and virtual deposit for investment. The clients of the account can trade in the market, carry out trade operations and have zero trading risk. 

With such amazing account services and types, traders will definitely make the best use of their funds with Adamant Finance.

Adamant Finance Review: Account Opening

To begin the trade with Adamant Finance brokerage firm, investors have to first get their accounts opened with the broker. The process is simple and quick, with some formalities to be completed. Below is the procedure of account opening mentioned properly in steps for the understanding of the readers. 

The trader has to first visit the website of the broker, www.adamantfx.com, after which they can go through the services and what the broker is all about. Next, the trader can click on the sign up to get registered with the broker. (PS- The broker also provides the option of signing in for the traders who already have an account.)

To sign up, traders have to click on the tab, and they will be directed to a new window having the registration form, which has requirements such as name, email, contact number, country code and a password. 

Once registration is completed, the following step involves providing information such as income source, name of employer, tax statements, license etc. Information is necessary to be provided for documentation purposes and verification. 

After this, traders have to answer certain questions relating to the past trade experience, if any. The questionnaire helps brokers understand the knowledge of investors and accordingly provide their services. 

The following step is to upload the documents to the broker’s website for verification. The documents could be a license, identity card, address proof etc. 

The last step of the process is to select the trading account which is suitable and deposit the funds. With this step completed, traders get access to the account and its services. 

Adamant Finance Review: Trading Platform

Trading platforms are the essence of the services as these advanced softwares contain various tools that make it easy for investors to study the market and predict changes. The trading platforms have features such as charts, indicators, signals, automated trading and many more that help traders control their investment. 

The Adamant Finance broker provides one and that too the best trading platform of the market; MetaTrader4 (MT4). Here are the features and what MT4 is briefly discussed for traders’ understanding.

MetaTrader4 is a software that was designed by MetaQuotes company in 2005 as a forex trading platform. But with the flexibility and user-friendly interface, the trading platform became popular for other markets as well. Its current version has huge popularity in the world. The platform has several tools, a convenient interface and an integrated MQL4 language that signal the change. 

Traders of the trading platform can have a number of services such as execution modes, order types, charts and whatnot. Below is the list of services that could be enjoyed with MT4: 

  • Charts and patterns 
  • Indicators and signals 
  • Customisation 
  • Terminal interface 
  • Trading strategies 
  • Technical analysis 
  • Fundamental analysis 
  • Expert advisors 
  • Automated trading
  • Time frames 
  • Execution modes
  • Algorithm trading

Adamant Finance Review: Trading Instruments

The Adamant Finance broker has several trading instruments of various markets. Traders can have the facility of the following trade instruments: 

  • Forex 
  • Stock 
  • Indices
  • Commodity 

Adamant Finance Review: Commission and Spreads

The commission is the fee that is charged by the brokers for the services they offer. Traders can commission charges depending on the services they are rendering. Adamant Finance also has commission which is low and dependent on the service and facility used by the trader, such as the account type, assets traded, leverage etc. 

The spread is the charge which is to be paid by the investors. It is the difference between the buying and the selling price of the instrument traded. With the broker, traders have fixed and floating spreads as per the traded instrument. All the trading accounts offer spreads as per the asset traded. 

Adamant Finance Review: Leverage

Leverage is the facility of the broker that helps traders open at a high market position with the initial investment. Traders can trade higher with this service of the broker and earn greater profits. The leverage is used by the traders when they are highly confident of their investment. 

With Adamant Finance, the broker provides leverage that is suitable for the trader, and moreover, traders can use the leverage as per the trade requirements. 

Adamant Finance Review: Deposit and Withdrawal

Deposit and withdrawal of funds is a simple job that traders can do as it does not involve any complications. Traders can deposit their funds simply using bank transfers, credit/debit cards and e-wallets. Similarly, for the withdrawal also, traders can use these payment methods. 

However, for withdrawal of funds, traders have to inform the broker in advance as they verify the broker and then allow the withdrawal of funds. This may take two business days for verification and allotment. 

For deposit and withdrawal, traders can use the following payment methods: 

  • VISA
  • Wire transfer
  • Piastrix 
  • Verified by Visa
  • Master Card 
  • Maestro 
  • Mastercard.SecureCode

Adamant Finance Review: Education and Research

Adamant Finance has a trading facility that has all the information relating to trading in the financial market. This is the educational facility of the broker. It includes videos, articles, e-books etc., to help investors learn about the trade. Traders can make most of the trading services of the broker for a comfortable trade and knowledge. 

Research is important for traders as with this they can know the market, analyse them and invest. The broker has news, analysis tools, indicators etc., available to the traders for research purposes. They can even use the history for knowing the trading steps taken in particular situations. Hence, Adamant Finance has good educational and research services. 

Adamant Finance Review: Customer Support

Customer support is the necessity of traders as they always want to better understand the services provided to make the most out of it. To help its clients, Adamant Finance provides professional 24/7 customer support. They could be connected with the following services: 

  • Form filling option 
  • Contact number provided on the website 
  • Email addresses for connecting 

Traders can use all of these to solve their queries and make the trading experience perfect. 

Final Verdict

The Adamant Finance broker is one of the best in the market to help investors trade. They can use the services of the broker and make their trade journey less complicated. The trading platforms, tools, account types, demo account, deposit and withdrawal etc., all are provided. 

However, the broker does not clearly state the leverage ratio and the commission charged. Traders can therefore go through the website carefully to make the best decision for trading. 

Faq

Is Adamant Finance a regulated broker?

Yes, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) authority for providing secure trading to the clients. 

How many trading instruments are provided with the Adamant Finance?

The broker provides several trading instruments with the account type selected. The instruments are of the following markets: 

  • Forex
  • Stock
  • Indices 
  • Commodity 

How to contact the support team of the Adamant Finance broker?

The broker could be connected using the following services 24 hours: 

  • Form 
  • Email 
  • Contact numbers on the website 

 

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