Adamant Finance review
This broker was not featured in our 2024 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.
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Adamant Finance provides financial services which enable both companies and individuals to trade on the Forex market. This broker was first established in 2014 in St Vincent and The Grenadines with the goal of providing up to the minute technological solutions to enable clients’ transactions to be taken directly to the exchange. Adamant Finance is partnered with funds and large banks and their liquidity is available to the broker’s clients. They also use ECN-NDD technology which allows this broker to offer the best possible trading terms to their clients without any dealer intervention. With plenty of interactive trading experience, this broker offers excellent solutions for their clients and promotes a safe and comfortable trading atmosphere with professional support available 24 hours a day, 5 days per week.
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Bonus |
Yes |
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Regulation |
No |
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Mobile |
Yes |
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Instruments |
Forex, Metals, Oils, Indexes |
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Website |
www.adamantfinance.com |
| Not Verified | |
Adamant Finance MetaTrader 4 Platform
Adamant Finance, like many other popular online Forex brokers, offers the MetaTrader 4 trading platform. This software leads the way in the finance industry thanks to its multifunctional terminal which allows investors to perform Forex transactions anywhere in the world. The MT4 software for PC can be easily downloaded from the broker’s website and installed with ease on a computer. For those who prefer to trade on the move via a smartphone or tablet, the Android MT4 trading platform is the ideal solution. Giving access to all of the functionality of the PC version, this mobile app can be easily installed from the Adamant Finance website to give investors the opportunity to gain a round the clock overview of their trading account. By being able to monitor the markets remotely, using this app can give traders the advantage of making key trading decisions immediately and executing trades at any time and place. There is also a mobile app available for the MetaTrader 4 platform for Apple devices which allows traders to administer their account wherever they may be. Intuitive and easy to install, the application can be found at the App Store. The MetaTrader 4 platform has many excellent features including:
- Supports multiple languages
- Allows trading of Futures, CFDs and Forex
- Constant news updates
- Mailbox
- Sound notifications for all trading events
- Large selection of technical indicators
- Ability to make new technical indicators
- Uses MQL4 programming language
- Can use MTS (trading experts)
- User indicators
Trading Account Types Offered by Adamant Finance
Adamant Finance cater for the needs of different types of traders by providing multiple trading accounts tailored to various levels of experience. All three available accounts benefit from high quality customer support and an up to the minute trading experience, however there are some differences depending on the amount of money invested.
Classic Account
- Minimum Deposit: $1/1 Euro
- Trading Instruments – 4 Metals and 27 Forex pairs
- Leverage: up to 1:500
- Spread: from 2 pips
- Commission: $0 per 1 lot
- Minimum transaction volume: 0.01 lot
- Bidding increment: 0.01 lot
- Expert Advisors allowed
MarketPro Account
- Minimum Deposit: $125/125 Euro
- Trading Instruments – 4 Metals, 3 Futures and 84 Forex pairs
- Leverage: up to 1:200
- Spread: from 0.5 pips
- Commission: $5 per 1 lot
- Minimum transaction volume: 0.01 lot
- Bidding increment: 0.01 lot
- Expert Advisors allowed
MarketPrime Account
- Minimum Deposit: $250/250 Euro
- Trading Instruments – 4 Metals, 3 Futures, 13 Indices and 84 Forex pairs
- Leverage: up to 1:100
- Spread: from 0 pips
- Commission: $4 per 1 lot
- Minimum transaction volume: 0.1 lot
- Bidding increment: 0.1 lot
- Expert Advisors allowed
There is also the opportunity to register for a free demonstration account which allows potential clients to experiment with a range of trading strategies and to test the MetaTrader 4 trading platform without risking any of their own money. The demo account offers the following advantages:
- Over 60 instruments for virtual trading
- Real time prices
- Use of MetaTrader 4 trading platform
- English language interface
- Large choice of indicators
Customer Service Offered by Adamant Finance
The Adamant Finance website boasts a helpful Frequently Asked Questions section which addresses most of the main concerns that potential traders have and all of the most commonly raised queries. There is also some helpful information to get novices started with their Forex trading journey. When it comes to contacting the support team to resolve any issues or questions, there are numerous contact methods including:
- Telephone
- Email – 4 email addresses are provided to ensure that each query is addressed to the most appropriate department: Common questions; Finance; Dealing Department; Technical Support
- Live Chat
- Letter
- Skype
The professional support team are available to answer questions 24 hours a day, 5 days per week.
Adamant Finance’s Payment Methods
This broker understands that today’s investors are keen to choose from a wide variety of payment methods for deposits and withdrawals to accommodate all preferences, and for this reason they have offered an impressive selection of options encompassing traditional and modern banking methods. Accounts can be opened in either US Dollars or Euros. Options include:
- Bank Transfer
- Credit Cards
- Neteller
- WebMoney
- Skrill
- Qiwi
- Payeer
- Advcash
- OkPay
- Yandex
- Bitcoin
- FasaPay
- Perfect Money
- CashU
The amount for minimum withdrawals and deposits vary depending on the banking method chosen and range from as little as $1 or 1 Euro. Most deposit methods are instantly processed with withdrawals being received within 24 hours of the request being received, however bank transfers and credit card transactions can take up to 5 days to be processed. The commissions charged on deposits and withdrawals also vary depending on the method chosen, starting from 0% for Advcash and going up to 7% for Yandex or Qiwi.
There are many advantages to choosing Adamant Finance as your preferred Forex broker thanks to its multiple banking methods, range of account types, tried and tested trading platform and reasonably large number of assets to choose from. There are a few downsides however, including the lack of customer support at weekends and the fact that this broker is not regulated, which could deter those investors who are looking for the most secure broker for their transactions.
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