Admirals at a glance
Admirals (formerly Admiral Markets) is a globally regulated broker offering forex, CFDs, stocks and ETFs on MetaTrader 4 and 5, with strong education and analytics tools.
Admirals reports a founding year of 2001 and a head office in Tallinn, Estonia. It lists 4 regulators and 8 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for Admirals. The BrokerBazaar Intelligence Score is 80/100 (low risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
Admirals operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Admirals states that it accepts clients from Cyprus, UK, Australia, Estonia, Germany. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: not disclosed. Platforms: Admirals Platform, MetaTrader WebTrader, MetaTrader 4, MetaTrader 5, Admirals Mobile App, MetaTrader Supreme Edition, StereoTrader, Virtual Private Server. Account types: Trade.MT5, Zero.MT5, Invest.MT5.
Best-for tags assigned by our team: Beginners, Education, Stocks, MetaTrader.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $100. Spreads start from 0.5 pips and commission is From $1.8/lot (Zero account). Maximum leverage is 1:30 (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, Skrill, Neteller, PayPal. Withdrawal methods: Bank Transfer, Credit Card, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: FCA: Segregated in ring-fenced client accounts under the CASS rules. Compensation: FSCS — up to £85,000 per client. ASIC: Held in segregated client trust accounts under the Corporations Act. Compensation: No central scheme; AFCA handles disputes.
Complaints and dispute process
Formal complaints: compliance.cy@admiralmarkets.com. Phone: Not Available. Complaints are resolved within 2 months of receipt by the Compliance Department; if unresolved within that window, the client is notified of the reason and given an extended deadline of up to 3 months total from submission.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Strong multi-jurisdiction regulation
- Strength: Excellent education and research
- Strength: Wide instrument range including stocks and ETFs
- Strength: Advanced MetaTrader add-ons
- Limitation: Higher minimum on some accounts
- Limitation: Inactivity fee applies
- Limitation: Fee structure can be complex
Who this broker suits, and who it does not
Admirals is most relevant to traders looking for: Beginners, Education, Stocks, MetaTrader.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Admirals change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Admirals yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Admirals
Data sources. Broker submission, the regulator registers linked above, CySEC Cypriot Investment Firms register (Licence 201/13), web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 4/5; WikiFX 6.99/10; Forex Peace Army 3.148/5; Google Play Store 4.35/5; Apple App Store 4.7/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Admirals. How we make money. Trading leveraged products carries a high risk of loss.