- Licensed entity
- Admirals AU Pty Ltd
- Licence no.
- AFSL 410681
Admirals
Estonian broker (formerly Admiral Markets) with strong MetaTrader tooling and commission-free share investing.
Regulators say these Admirals companies or websites aren't authorised in their countries. See the alerts
Licences (4)
- Licensed entity
- Admiral Markets UK Ltd
- Licence no.
- FRN 595450
- Licensed entity
- Admirals Europe Ltd
- Licence no.
- 201/13
- Licensed entity
- Admirals SC Ltd
- Licence no.
- SD073
The broker also reports licences from FSCA. We haven't checked these yet, so they aren't in the score.
Which company you sign up with depends on where you live. Your protections (compensation scheme, leverage limits, negative balance protection) come from that company's regulator.
Score breakdown
Weighted total: 8.4 / 10, ranked #18 of 30. How we score
- Regulation strength: Based on the strongest regulator licensing the broker, plus extra tier-1 and tier-2 licences.
- Licence status: Whether any licence has been revoked or has expired.
- Track record: Years in business: 0.5 points per year, up to 10.
- Transparency: Publicly listed parent, licences disclosed, head office published, client money segregated.
- Regulator alerts: Deductions for regulator alerts against the broker's own companies or websites.
Regulator alerts (2)
| Date | Regulator | Name as published | Source |
|---|---|---|---|
| 6 Jun 2024 | ASC Canada (Alberta) | Admiral Markets Europe | Source ↗ |
| 7 May 2024 | SC (MY) Malaysia | Admiral Markets / Admiral Markets Malaysia | Source ↗ |
Scam sites impersonating Admirals
These alerts are about fraudsters copying the broker's name. They don't count against its score. Always check the website address before you log in or deposit.
- Impersonation of Admirals AU Pty Ltd (services-asic-au.org): ASIC, 1 Sep 2026 · source
Overview
Admirals, formerly Admiral Markets, is an Estonian group founded in 2001. It has companies licensed by the FCA, CySEC and ASIC, plus an offshore entity in Seychelles. The group reportedly gave up its Estonian investment firm licence and moved EU clients to its Cyprus company. It's known for the MT4/MT5 Supreme Edition plugin pack and offers a separate account for investing in shares and ETFs.
Who it suits: MetaTrader users who want both leveraged CFDs and share investing with one provider.
Company information
Trading conditions
Pros & cons
Pros
- Entities licensed by the FCA, CySEC and ASIC
- MT4/MT5 Supreme Edition plugins
- Separate account for shares and ETFs
- Negative balance protection for retail clients
Cons
- Regulator alerts in Alberta and Malaysia (2024)
- Inactivity fee
- No US clients
Frequently asked questions
Is Admirals regulated?
Yes. Admirals companies hold licences from ASIC, FCA, CySEC, FSA (SC) (4 licences in our database). Your protection depends on which Admirals company you open an account with, so check that company on the regulator's register before you deposit.
Is Admirals safe?
Admirals has a score of 8.4/10. Regulators in Canada (Alberta), Malaysia have issued 2 regulator alerts saying Admirals companies or websites aren't authorised to offer services there (most recent: 6 Jun 2024). Only open an account if the broker is allowed to operate where you live.
Which Admirals company will I open an account with?
It depends on where you live. The companies in our database are: Admiral Markets UK Ltd (FCA, United Kingdom); Admirals Europe Ltd (CySEC, Cyprus (EU)); Admirals AU Pty Ltd (ASIC, Australia); Admirals SC Ltd (FSA (SC), Seychelles). Clients outside the UK, EU and Australia are often onboarded to an offshore company with weaker protection.
Does Admirals accept US clients?
No. Admirals doesn't accept US residents.
What's the minimum deposit and maximum leverage at Admirals?
Minimum deposit: $25 (Trade.MT5) / $1 (Invest.MT5). Maximum leverage: 30:1 retail; higher for professional and offshore clients.
Which platforms does Admirals offer?
MT4, MT5, MT WebTrader, Admirals app.
CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Most retail investor accounts lose money when trading CFDs. Make sure you understand how CFDs work and whether you can afford to take the high risk of losing your money. Licence data checked 12 Oct 2026. Details can change; always confirm on the regulator's register.