Verification record
Admirals review
The entity behind Admirals, its licence, and how to confirm both yourself.
Last checked
Admirals is a genuine broker rather than a scam. There are things on this page worth reading before you deposit, but none of them are the warning signs of a fraud. Regulated by FCA (595450); CySEC (201/13); ASIC (AFSL 410681); FSCA (51311); Seychelles FSA (SD073); JSC Jordan (57026); CMA Kenya (178); EFSA (4.1-1/46), offering MetaTrader 4, MetaTrader 5, Admirals Platform.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
Regulation and safety
- Regulated by
- FCA (595450); CySEC (201/13); ASIC (AFSL 410681); FSCA (51311); Seychelles FSA (SD073); JSC Jordan (57026); CMA Kenya (178); EFSA (4.1-1/46)
- Regulator tier
- Tier 1
- Register entry
- FCA Financial Services Register, FRN 595450
- Client money segregated
- Yes
- Held at
- Reputable regulated banking institutions
- Negative balance protection
- Yes
- Compensation scheme
- FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients; additional insurance up to €100,000 under applicable entity
- Audited by
- PricewaterhouseCoopers (PwC)
- Not available to
- United States, Canada, Japan, Belgium and other jurisdictions where services are restricted or prohibited
A licence is the first thing a fake broker cannot produce, so it is the first thing to check.
Admirals holds tier-one authorisations from ASIC, FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.
CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.
Check the licence yourself: the FCA Register, the CySEC register of investment firms, ASIC Connect, the FSCA list of regulated entities, the Seychelles FSA list of regulated entities.
The company behind the brand
- Legal entity
- Admirals SC Ltd
- Company number
- 8426894-1
- Headquarters
- Tallinn, Estonia
- Founded
- 2001
- Publicly listed
- No
- Parent company
- Admirals Group AS
- Employees
- Approx. 300
- Also trades as
- Admirals; Admiral Markets
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, bank transfer, Skrill, Neteller, Klarna, Trustly and local payment methods
- Withdrawal methods
- Bank transfer, Visa/Mastercard, Skrill, Neteller and applicable local methods
- Deposit time
- Instant for cards and most e-wallets; bank transfers typically 1-3 business days
- Withdrawal time
- Typically same day to 3 business days depending on method
- Minimum withdrawal
- $1
- Local payment methods
- Yes; extensive country-specific local payment methods
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.1 pips on Zero account
- GBP/USD spread
- Approx. 0.6 pips on Zero account
- Commission
- From $3 per side / $6 round turn
- All-in cost, EUR/USD
- Approx. 0.7 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps apply; swap-free trading available
- Inactivity fee
- €10/month after 24 months inactivity
- Deposit fee
- None for most methods
- Withdrawal fee
- One free withdrawal per month; subsequent withdrawals may incur fees
- Currency conversion
- 1%
Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Admirals lists a minimum deposit of $25. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Accounts
- Minimum deposit
- $25
- Account types
- Trade.MT5, Zero.MT5, Trade.MT4, Zero.MT4, Invest.MT5, Demo
- Account currencies
- USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, AUD and other entity-dependent currencies
- Islamic account
- Yes
- Demo account
- Yes; 30-day expiry with extension available
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
Markets and execution
- Markets
- Forex, Shares, ETFs, Indices, Commodities, Cryptocurrencies, Bonds
- Currency pairs
- 80+
- Total instruments
- 7,500+
- Crypto CFDs
- Yes
- Maximum leverage
- 1:30
- Execution model
- Market execution
- Execution speed
- Approx. 150ms
- Order types
- Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop, OCO, OCA
- Servers
- London and other global data centres
Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.
Admirals covers forex, shares, etfs, indices, commodities, cryptocurrencies, bonds. A wider range matters less than depth in the instruments you actually trade.
Funding options: visa, mastercard, bank transfer, skrill, neteller, klarna, trustly and local payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- MetaTrader 4, MetaTrader 5, Admirals Platform
- Own platform
- Yes, Admirals Platform
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes; Expert Advisors, automated trading, backtesting and VPS
- Copy trading
- Yes
- Indicators
- 38+ MT5 indicators; additional via MetaTrader Supreme Edition
- Third-party tools
- MetaTrader Supreme Edition, StereoTrader, Trading Central/Premium Analytics, VPS
- API access
- Yes
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
Support and education
- Support hours
- 24/5
- Contact channels
- Live chat, email, phone
- Languages
- 20+ languages
- Telephone
- +44 20 8157 7344
- global@admiralmarkets.com
- Live chat response
- Typically under 2 minutes
- Education
- Extensive: courses, webinars, articles, tutorials, ebooks and videos
- Research
- Extensive: market news, fundamental and technical analysis, Premium Analytics, sentiment analysis, podcasts and forecasts
Information is regularly updated. Last compiled from Admirals's own website on 26 August 2026.
Questions people ask about Admirals
Is Admirals a real registered company?
Yes. At Admirals, the company you would be contracting with is Admirals SC Ltd, registered as 8426894-1 and based in Tallinn, Estonia. A registration number is checkable in the register of the country that issued it, and a broker that will not give you one is telling you something.
Is Admirals regulated, and by whom?
Admirals holds FCA (595450); CySEC (201/13); ASIC (AFSL 410681); FSCA (51311); Seychelles FSA (SD073); JSC Jordan (57026); CMA Kenya (178); EFSA (4.1-1/46), which we grade as tier 1. A licence number is the part worth checking, because it is the thing a cloned site copies and the thing the regulator's register will not confirm.
Does Admirals trade under any other names?
Admirals also appears as Admirals and Admiral Markets. This matters when you are checking a licence or a warning list, because a search for one name will not always find what was published about another.