Admirals Review
💲 Min Deposit $1
⌛ Year Established 2001
💼 Regulation
🌐 Website admiralmarkets.com
🌎 Country
⚖ Max Leverage 1:500
💰 Bonus offers
🏆 Trading contests
📖 Free education
👨💻 PAMM
📊 MAM
📁 Segregated accounts
🕋 Islamic accounts available
Compensation scheme
Negative balance protection
Swap
Low spread eur/usd
Copy Trading
Pros
- Easy withdrawal
- Good support team
- Keeps client funds separate
- Simple educational resources for new traders
- Low CFD fees
Cons
- Inactivity fee
- Limited maximum contract size
- Limited customer service hours
Admirals is a well-established broker since 2001. Admirals has headquarters in Australia, Cyprus, United Kingdom, Estonia, Seychelles, South Africa, Canada, Jordan, Nigeria and Brazil. Admirals to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by ASIC 28381, CySEC 201/13, FCA 595450, FSA (Estonia) 10932555, FSA (Seychelles) 8426894-1, FSCA FSP51311, IIROC 29042022 and Jordan Securities Commission 57026.
As per CySEC and EU regulations, traders' money is protected by the Investor Compensation Fund (CIF), per EU Directive 2014/49/EU, which protects deposits up to €20,000.
Since the UK subsidiary is a sister company of the Estonian registered firm, client funds are handled according to Client Assets Sourcebook (CASS) rules, while the Financial Services Compensation Scheme (FSCS) protects deposits up to a maximum of £85,000.
| Country of clients | Protection amount | Regulator | Legal entity |
|---|---|---|---|
| Global | £85,000 | Financial Conduct Authority (FCA) | Admiral Markets UK Ltd |
| Estonia, Romania, Czech Republic | No protection | Estonian Financial Supervision Authority (EFSA) | Admiral Markets AS |
| EEA | €20,000 | Cyprus Securities and Exchange Commission (CySEC) | Admiral Markets Cyprus Ltd |
| Global | No protection | Australian Securities and Investment Commission (ASIC) | Admiral Markets PTY Ltd |
| Global | No protection | Jordan Securities Commission (JSC) | Admiral Markets AS Jordan Ltd |
They also have stringent internal financial controls to ensure clients' money with full compliance will all regulators, segregated client funds, and negative balance protection. Admirals AS even publishes financial reports on its website.
Account Information
Apart from the forex demo account, this broker offers Zero.MT5, Zero.MT4, Trade.MT5, Trade.MT4, Invest.MT5 and Bets.MT5 (UK). To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Admirals is up to 1: 500. Meanwhile, you can open an account with a starting capital of $1.
Below are the general details of trading accounts in Admirals:
Min Deposit
$1
Max Leverage
1:500
Spread
Variable
Commission
$1.8 to 3 per lot for Forex & Metals
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $250 (UK), $100 (Aus), $25 (Jordan, Aglobe)
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $1.8 to $3 per lot for Forex & Metals
Fees
Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.
Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 1.3 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Zero MT4 account: $3.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
Instruments Traded
Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Admirals have added more than 7,500 instruments from 6 assets:
- 49 currency pairs
- 27 commodity CFDs
- 32 cryptocurrency pairs
- 3,398 equity CFDs
- 43 indices
- 396 ETFs
As for Zero.MT5 account, Admirals specifically provides it with the following instruments and leverage:
💲 Min Deposit $250 (UK), $100 (Aus), $25 (Jordan, Aglobe)
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $1.8 to $3 per lot for Forex & Metals
Fees
Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.
Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 1.3 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Zero MT4 account: $3.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
Instruments Traded
Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Admirals have added more than 7,500 instruments from 6 assets:
- 49 currency pairs
- 27 commodity CFDs
- 32 cryptocurrency pairs
- 3,398 equity CFDs
- 43 indices
- 396 ETFs
As for Zero.MT4 account, Admirals specifically provides it with the following instruments and leverage:
💲 Min Deposit $250 (UK), $100 (Aus), $25 (Jordan, Aglobe)
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $1.8 to $3 per lot for Forex & Metals
Fees
Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.
Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 1.3 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Zero MT4 account: $3.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
Instruments Traded
Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Admirals have added more than 7,500 instruments from 6 assets:
- 49 currency pairs
- 27 commodity CFDs
- 32 cryptocurrency pairs
- 3,398 equity CFDs
- 43 indices
- 396 ETFs
As for Trade.MT5 account, Admirals specifically provides it with the following instruments and leverage:
💲 Min Deposit $250 (UK), $100 (Aus), $25 (Jordan, Aglobe)
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $1.8 to $3 per lot for Forex & Metals
Fees
Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.
Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 1.3 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Zero MT4 account: $3.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
Instruments Traded
Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Admirals have added more than 7,500 instruments from 6 assets:
- 49 currency pairs
- 27 commodity CFDs
- 32 cryptocurrency pairs
- 3,398 equity CFDs
- 43 indices
- 396 ETFs
As for Trade.MT4 account, Admirals specifically provides it with the following instruments and leverage:
💲 Min Deposit $1
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $1.8 to $3 per lot for Forex & Metals
Fees
Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.
Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 1.3 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Zero MT4 account: $3.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
Instruments Traded
Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Admirals have added more than 7,500 instruments from 6 assets:
- 49 currency pairs
- 27 commodity CFDs
- 32 cryptocurrency pairs
- 3,398 equity CFDs
- 43 indices
- 396 ETFs
As for Invest.MT5 account, Admirals specifically provides it with the following instruments and leverage:
💲 Min Deposit £100
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $1.8 to $3 per lot for Forex & Metals
Fees
Some accounts offer commission-free trading, whereas others may charge slightly higher fees with higher spreads for currency pairs. In Zero Account, for example, traders will receive spreads as low as 0.1 pips, but a commission will apply. Equity CFDs and ETFs carry a commission. Commission charges depend on the monthly trading volume of each trader. Admirals charge swap or rollover interest on overnight positions.
Admirals introduced an inactivity fee after 24 months with a monthly fee of €10 and does levy a 1% currency conversion charge. Third-party deposit and withdrawal fees may apply.
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 1.3 points is the average spread cost during peak trading hours. |
| EURUSD | Low | Zero MT4 account: $3.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
| Inactivity fee | Low | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
Instruments Traded
Besides lots of currency pair, Admirals also offers some instruments you would like to trade on, such as Forex, CFD, Agriculture, Metals, ETF, Crypto, Gold, Oil, Indices, Bonds, Stock and Commodities for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Admirals have added more than 7,500 instruments from 6 assets:
- 49 currency pairs
- 27 commodity CFDs
- 32 cryptocurrency pairs
- 3,398 equity CFDs
- 43 indices
- 396 ETFs
As for Bets.MT5 (UK) account, Admirals specifically provides it with the following instruments and leverage:
Payment Methods
Deposit and withdrawal are available via bank wires, credit/debit cards, and Skrill. Fees apply for Skrill with a minimum fee of $1/€1 while the other options are free of charge. However, third-party charges are generally applicable. Payments are processed within minutes to three business days. Wire transfers can take up to 5 days.
Deposit
 |
 |
 |
|
| Bank transfer | Yes | Yes | Yes |
|---|---|---|---|
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
Withdrawal
|
|
|
|
| Bank transfer | Yes | Yes | Yes |
|---|---|---|---|
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Withdrawal fee | $0 | $0 | $0 |
Admirals' variety of funding methods can be found below:
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
Admirals also provides payment with AstroPay, iDEAL, SOFORT, Crypto and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Admirals offers you MetaTrader 4, MetaTrader 5 and Web.
- MetaTrader 4: The downloadable MT4 platform is widely used amongst traders. Though it provides fewer assets, MT4 still suitable for clients who rely on automated trading.
- MetaTrader 5: As the revised version of MT4, MT5 offering a full range of assets than the previous version.
Admirals now provides all clients with an excellent free upgrade, the MetaTrader Supreme Edition. It transforms the sub-standard MT4/MT5 basic versions with advanced features that include, for example, widgets under the Global Opinion add-on, or analytics provided by Trading Central. It ensures traders manage their portfolios with a competitive edge.
|
 |
 |
|
| Platform Choice | |||
| Copy Trading | ✔️ | ✔️ | ✔️ |
| Platforms | MT4, MT5, MT Supreme | MT4 | MT5 |
Unique Features
The most notable features on offer are the Volatility Protection, cash-back program, and MetaTrader Supreme Edition:
- Admirals offers a set of tools labeled Volatility Protection. The tools come with predefined maximum slippage, cancellation of pending orders on price gaps, market execution and partial execution of limit orders, and activation of stop orders using reverse quotes. They enhance a traders' ability to manage portfolios during high-volatility events.
- Other than Volatility Protection, Admirals also offers an additional cash-back program for professional account holders. Professional clients qualify for an automatic cash-back program based on trading volumes. The basic rate is $1 for $1,000,000 in trading volume, which equals ten standard lots.
- As an upgrade to the basic MT4 and MT5 platform, Admirals use MetaTrader Supreme Edition to help investors make better trading decisions, offering Trading Central plugin, the Indicator Package, Connect tool, and Global Opinion add-on, all provide a tremendous value to manual traders. The MetaTrader Supreme Edition, available for free to all accounts (including demo versions).
Research and Education
- Research capabilities are accessible via Trading Central which is embedded in the MetaTrader Supreme Edition.
- Admirals has established itself as a leading brokerage with some of the features including Premium Analytics which is powered by Dow Jones, Trading Central, and Acuity. The service is free but requires traders to sign-up.
- Admirals supports Trader's Blog, a blog-based page that covers fundamental topics in a well-presented format.
- Other research tools include a Heat Map, Market Sentiment indicators covering in-house positions, the Cryptocurrency Bubble-O-Meter, and an economic calendar.
- There is also an education center with a handful of trading courses named Forex 101 for new traders to enhance their understanding and knowledge base. The initial three lessons are available to all traders but a free demo account is required to unlock the remaining six lessons. Thirteen articles and tutorials, which encompass a wide range of quality, topic-specific content, are also available.
- Complementing the course are free webinars, which are hosted weekly. A seminar section is available but without scheduled events.
- The broker also provides A Trader's Glossary, a brief explanation of terminology.
|
|
|
|
| Beginner Course | ✔️ | ✔️ | ❌ |
| Advanced Course | ✔️ | ❌ | ✔️ |
Bonuses and Promotions
Aside from the cash rebate program for professional clients, Admirals does not offer any bonus deals or promotions.
Customer Support
Do you have any question or find any trouble related to Admirals? If you do, you should reach Admirals's support to get the information that you need. Here is the detail of the broker's customer support:
This broker has a reliable live chat function and easily accessible via e-mail, a webform or phone. Remote assistance for technical issues is also available as well as an extensive FAQ section to answer most questions. Support hours are not noted on the website, but the standard 24/5 support hours are assumed to be in place.
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Admirals
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Admirals is a good broker for you or not by reviewing the criteria. In general, Admirals provides trading service in Forex , CFD , Agriculture , Metals , ETF , Crypto , Gold , Oil , Indices , Bonds , Stock and Commodities . As for the payment methods, you can choose between AstroPay, Crypto, Credit/debit cards, iDEAL, Neteller, PayPal, Skrill, SOFORT and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Office, Phone and Web form.
The starting capital in Admirals is $1.
Admirals is regulated by ASIC 28381, CySEC 201/13, FCA 595450, FSA (Estonia) 10932555, FSA (Seychelles) 8426894-1, FSCA FSP51311, IIROC 29042022 and Jordan Securities Commission 57026. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Admirals is a brokerage company offering trading services for clients since 2001 with offices in Australia, Cyprus, United Kingdom, Estonia, Seychelles, South Africa, Canada, Jordan, Nigeria and Brazil.
Jun 22 2023
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May 22 2023
