- Rating – 4.3
- Min. Deposit: $25
- Max. Leverage: 1000:1
- Headquarter: Tallinn, Estonia
- Products: Forex, Indices, Commodities, Stocks, ETFs, Bonds
Overview
Having commenced operations in 2001, Admirals (previously Admiral Markets) is a renowned online trading service supplier. The firm’s principal location is London, the financial hub of the UK, with supplementary branches in various regions, including Jordan, Australia, Cyprus, and South Africa, among others.
The company’s dedication to catering to a varied customer base is evidenced by its extensive presence, which offers an array of trading products and accounts tailored to diverse traders’ needs.
The broker’s operations are founded on regulatory compliance, boasting several tier-1 licenses from the acclaimed Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investment Commission (ASIC).
These regulations are supplemented by tier-2 and tier-3 licenses from regulatory bodies such as CySEC, FSCA, and JSC, which provide a well-regulated trading environment.
Admirals offers an Islamic account for Sharia-compliant trading and a conventional demo account active for 30 days.
One notable feature of their product is the support for various trading methods, including scalping, hedging, and using Expert Advisors (EAs), which may appeal to new and seasoned traders.
Detailed Summary
| 🔎Broker | 🥇Admirals |
| 🎉Established Year | 2001 |
| 🚨Regulation and Licenses | FCA, ASIC, CySEC, JSC,FSCA, FSA,CMA |
| 💯Ease of Use Rating | 5/5 |
| 💰Bonuses | ✅Yes, referral bonus, welcome bonus, no-deposit bonus, cashback program |
| ⏰Support Hours | 24/5 |
| 📈Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
| 📉Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
| 💴Base Currencies | EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON |
| 💹Spreads | From 0.0 pips |
| 📊Leverage | Up to 1:1000 |
| 💵Currency Pairs | 80+, major, minor, and exotic pairs |
| 💶Minimum Deposit | 25 USD |
| 💷Inactivity Fee | ✅Yes, $10 per month after 2 years of inactivity |
| 💻Website Languages | English, German, French, Italian, Romanian, Spanish, Portuguese, Russian, Polish, and others |
| 💰Fees and Commissions | Spreads from 0.0 pips, commissions from $0.02 |
| 👥Affiliate Program | ✅Yes |
| 🌎Banned Countries | Canada, the United States, Japan, Malaysia, Singapore, and some other countries |
| ✳️Scalping | ✅Yes |
| 🧱Hedging | ✅Yes |
| 📈Trading Instruments | ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, Bonds |
What regulations apply?
Admirals are regulated by numerous respected authorities, including the FCA in the United Kingdom, ASIC in Australia, and CySEC in Cyprus, ensuring high accountability and security.
Can I trade cryptocurrencies?
Yes, Admirals provides CFD trading on cryptocurrencies, enabling traders to bet on the price swings of popular cryptocurrencies without holding the underlying asset.
Safety and Security
Admirals prioritize the protection of its customers’ finances and personal information by using a holistic approach to online safety.
The broker guarantees that customer assets are maintained in segregated accounts, an important safeguard that separates clients’ money from the company’s operating finances, adding an extra layer of security against fund abuse. This segmentation guarantees that customers’ assets are only utilized for trading purposes.
In addition to account segregation, Admirals is a member of compensation funds, which provide additional financial protection to traders.
Clients under the authority of regulatory bodies such as the FCA, for example, are entitled to up to £85,000 in compensation via the Financial Services Compensation Scheme (FSCS) in the case of the broker’s bankruptcy. Similar programs exist in other locations, offering a safety net for traders.
How do Admirals safeguard personal and financial information?
Admirals use SSL encryption to protect the transfer of personal and financial information and also use two-factor authentication (2FA) for account access and transactions.
What should I do if I suspect unauthorized access to my?
If you suspect unauthorized access to your account, please immediately alert Admiral’s customer service. Changing your password and examining your account activities frequently is also recommended.
Account Types
| Account type | Trade.MT4 | Zero.MT4 | Trade.MT5 | Zero.MT5 | Invest.MT5 | Bets.MT5 |
| Availability | All | All | All | All | All | UK only |
| Commissions | None | From $1.8 | From $0.02 per share | From $0.05 per lot on cash indices | From $0.02 per share | None |
| Platforms | MetaTrader 4 | MetaTrader 4 | MetaTrader 5 | MetaTrader 5 | MetaTrader 5 | MetaTrader 5 |
| Trade Size | 0.01 – 500 lots | 0.01 – 200 lots | 0.01 – 500 lots | 0.01 – 500 lots | Up to 500 lots | 0.01 – 500 lots |
| Leverage | 1:30 retail, 1:500 pro, 1:1000 (Seychelles) | 1:30 retail, 1:500 pro, 1:1000 (Seychelles) | 1:30 retail, 1:500 pro, 1:1000 (Seychelles) | 1:30 retail, 1:500 pro, 1:1000 (Seychelles) | None | 1:30 retail, 1:500 pro, 1:1000 (Seychelles) |
| Min. Deposit | From 25 USD | From 25 USD | From 25 USD | From 25 USD | From $1 | From 100 GBP |
Islamic Account
This account is for traders who follow Sharia law, which restricts interest accrual. This swap-free account option is available for the Trade.MT5 account type and ensures that no interest or swap modifications affect overnight holdings, per Islamic finance rules.
This account type is especially attractive to individual and institutional investors of the Islamic religion since it has no upfront or incremental fees. Trading circumstances are similar to normal accounts, providing no strategy limitations, including using Expert Advisors.
However, an Islamic Account Administration charge is levied on positions maintained for longer than a certain period, which varies per instrument, ensuring fairness and competition while upholding ethical standards.
These specialized accounts demonstrate Admirals’ inclusiveness and commitment to providing bespoke trading solutions to satisfy the demands of a broad customer base.
Professional Account
Ideal for experienced traders seeking more leverage and complete trading expertise. This account type is accessible to Wholesale Clients who fulfill certain qualifying requirements and is distinguished by leverage of up to 1:500, access to reward programs, and special features not available to retail clients.
To qualify as a Wholesale Client, traders must undergo a rigorous application procedure and meet tough wealth or experience criteria, ensuring that only informed people with the financial ability take on the increased risks associated with greater leverage.
While the Professional Account provides more freedom and benefits, it does not have the same regulatory safeguards as regular traders under the Corporations Act 2001, such as AFCA dispute resolution services and enforcing CFDs product intervention measures.
This distinction ensures that Admirals maintain a responsible trading environment while providing experienced traders the tools they need to execute aggressive trading tactics.
Is there a demo account option?
Yes, Admirals offers a 30-day trial account, enabling traders to practice trading methods in a risk-free environment under genuine market circumstances.
