Admirals Taps TipRanks to Improve Traders' Research Capabilities

​Fazzaco learned that Admirals (formerly known as Admiral Markets), a global retail FX and CFDs broker, today announced that it has built new partnership with TipRanks, the leading financial big data company, to improve its traders' research capabilities.

According to the press release, the partnership brings traders using Admirals' website and mobile app access to the analyst rating consensus and price targets of the stocks they are researching, which makes it easier for them to formulate data-driven decisions. 

Additionally, transparency has thus been improved since its users can view the rankings of analysts, based on performance track records.

TipRank enables retail investors to access institutional-grade tools through an simple interface. To enhance users' analysis capabilities, other leading global financial institutions Admirals joined, including Questrade, TD Bank, NASDAQ, TD Ameritrade, Santander, E*Trade, and CIBC, also integrate TipRanks tools onto their platforms.

Uri Gruenbaum, CEO at TipRanks, commented: "We are delighted to partner with Admirals, a global industry leader. By making alternative data, such as analyst ratings, available to retail investors, Admirals is investing in their clients and providing them with the tools they need to improve their research power."

"Our partnership with TipRanks celebrates another game-changer in the industry as we have taken a significant step in using insights from top analysts for the benefit of our users," said Sergei Bogatenkov, the CEO of Admirals. "The pace we are witnessing today regarding the research quality and capabilities is incredible and we are proud to announce our alliance with the top player of the industry- TipRanks." 

Since its rebranding in in March 2021, Admirals has been continuously expanding products, services as well as global footprints. In June, the broker obtained broker license in South Africa​ and planed to expand into the African market by establishing its first South African office in Cape Town.