Admiral Markets
- Written By thinkforexbrokers
- Updated:
Admirals, previously known as Admiral Markets, is a prominent online financial services provider that enables clients to trade or invest in more than 8,000 financial instruments. These cover a wide range of asset types, including Forex, CFDs, equity indices, commodities, cryptocurrencies, shares, ETFs, and bonds. Known for its award-winning services, the broker leverages advanced technology to deliver a clear and transparent trading experience.
In this review, we’ll take a closer look at the key features of Admirals, helping you decide whether this broker fits your trading needs. On Trustpilot, Admirals holds an overall rating of 3.9 out of 5, based on 2,004 customer reviews. Of these, 77% of users gave a 5-star rating, while 11% rated their experience with the broker as just 1 star.
Admirals Summary | |
Year Founded | 2001 |
Minimum Deposit | $100 ($1 for Invest MT5 Accounts), $25 at the Seychelles entity |
Tradable Instruments | Forex, Indices, Commodities, Stocks, ETFs, Bonds, Crypto |
Open an Account | How to Open an Account at Admirals |
Trading Costs | Spreads, Fees, and Commissions at Admirals |
Key Pros and Cons
First, let us briefly look at Admirals’ advantages and disadvantages.
- Key Pros
- Reputable trading broker with multiple regulatory licenses
- Sophisticated trading platforms: MT4 and MT5, MetaTrader WerTrader, in-house Admirals Platform
- Over 8,000 trading instruments
- Some useful trading tools
- A good selection of learning resources
- Competitive commission fees
- Tight spreads
- Lightning-fast trade execution speeds
- Low minimum deposit amount, starting from just $1 for the Invest.MT5 account
- Knowledgeable client support team
- Key Cons
- No USA clients
- $10 monthly inactivity fee
Company Information
The establishment in 2001
Admirals was established in 2001 and has built its reputation on transparency and fast trade execution. The broker offers traders access to advanced platforms, including MT4 and MT5, which are available on desktop, web, and mobile. In addition, Admirals provides a free MetaTrader Supreme Edition suite for both MT4 and MT5, adding extra functionality for an enhanced trading experience. Headquartered in Sydney, Australia, the company also maintains offices in the United Kingdom, Cyprus, Estonia, Jordan, and Seychelles. The minimum deposit is flexible, allowing traders to start with $100, or just $1 if they opt to trade shares and ETFs through the Invest account.
Award-winning Brokerage Firm in 2025
Admirals is an award-winning brokerage with multiple regulatory licenses and a strong global footprint. Since its launch in 2001, the Admirals Group has steadily expanded into various regions, now serving clients in 130 countries worldwide. Over the past two decades, the broker has helped millions of individuals manage and structure their investments in a safe, secure, and straightforward manner. During this time, it has earned more than 40 industry awards for its outstanding services. In 2021, the company rebranded from Admiral Markets to Admirals, celebrating its 20-year milestone and highlighting its growth from a Forex and CFD broker into a comprehensive financial services provider.
Admirals provides a variety of trading accounts, giving traders and investors the flexibility to choose the approach that best fits their needs while benefiting from favorable trading conditions and competitive fees. The broker offers tight spreads, low commission rates, fast trade execution, and leverage of up to 1:1000 in certain countries, among other advantages.
The Admirals Group is made up of several corporate entities, each operating under its own regulated office:
Admiral Markets UK Ltd is regulated by the Financial Conduct Authority (FCA). Its office is located on the 37th Floor of One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom. The company operates under FCA license number 595450.
Admiral Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company’s office is located at Dramas 2, 1st Floor, 1077 Nicosia, Cyprus, and it operates under license number 201/13.
Admiral Markets Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC). Its office is located at 1/17 Castlereagh Street, Sydney, NSW 2000, and the company holds license number 410681.
Admiral Markets AS Jordan Ltd is regulated by the Jordan Securities Commission (JSC). The office is located on the First Floor of the Time Centre Building, Eritrea Street, Um Uthaina, Amman, Jordan, with license number 1/3/01970/21.
Admiral Markets AS is regulated by the Estonian Financial Supervision Authority (EFSA). The company’s office is located in Tallinn, Estonia, and it operates under license number 4.1-1/46..
Admirals SC Ltd is regulated by the Financial Services Authority of Seychelles (FSA). Its office is located at Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahé, Seychelles, and it operates under license number SD073.
Admirals SA (Pty) Ltd is regulated by the Financial Sector Conduct Authority (FSCA). The company’s office is located at Dock Road Junction, CNR Dock Road and Stanley Street, V&A Waterfront, Cape Town, Western Cape, 8001, South Africa, and it operates under license number FSP51311.
It’s important to note that Admirals does not provide services to residents of certain regions, including the United States and Belgium.
Catering to Traders Worldwide
One of the impressive features of AvaTrade is its truly global reach, which is something that will appeal to traders all around the world. Their website is configured for over 25 separate countries and regions and supports at least 20 different languages.
Multiple Industry Awards
AvaTrade has won multiple industry accolades from reputable outlets, such as The European, International Business Magazine, FXEmpire, and Daytrading.com.
Why Trade with Admirals?
Let us now provide a quick list of the key features that we like about Admirals.
Aspect | What we like |
Regulation | Reputable broker, regulated in multiple jurisdictions by some of the most popular financial regulators: FCA, ASIC, CySEC, FSA, JSC, and EFSA |
Pricing | Tight spreads and fair commissions |
Execution | STP execution with no dealing desk intervention. This offers Direct Market Access (DMA) by routing clients’ orders directly to its liquidity pool. Thus, orders are filled at the best possible price, with only a small mark-up spread. |
Trading | Over 8,000 trading instruments across different asset classes, including Forex pairs and CFDs on indices, commodities, cryptocurrencies, shares, ETFs, and bonds. |
Platforms | MT4/MT5 trading platforms; MetaTrader WebTrader; Admirals Mobile App; Admirals Platform; Various advanced trading tools. |
Customer Support | Responsive client support team who are available 24/7 and can be reached via various contact channels: telephone, email, and more. |
Regulation
The Admirals Group is made up of affiliated brokerage firms that are authorized and regulated across several jurisdictions.
In the United Kingdom, Admirals operates as Admiral Markets UK Ltd, which is regulated by the Financial Conduct Authority (FCA) under registration number 595450. The FCA is regarded as a tier-1 financial regulator.
Within the European Union, Admirals is represented by Admiral Markets Cyprus Ltd, registered under company number 310328. This entity is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 201/13.
In Australia, the broker is known as Admiral Markets Pty Ltd, holding registration number ABN 63 151 613 839. It is licensed by the Australian Securities and Investments Commission (ASIC) and operates under AFSL number 410681, limited to the financial services covered by its license.
In Jordan, Admirals conducts business through Admiral Markets AS Jordan Ltd, which is licensed and regulated by the Jordan Securities Commission (JSC) under license number 1/3/01970/21.
Admiral Markets AS, based in Estonia, is authorized by the Estonian Financial Supervision Authority (EFSA) under license number 4.1-1/46. This license allows the firm to carry out main investment and brokerage activities and to offer cross-border services within the EU and EEA.
In 2022, Admirals expanded further by securing a license from the Capital Markets Authority (CMA) in Kenya. Admirals Kenya Limited is registered as a non-dealing online foreign exchange broker under license number 178, enabling the company to provide a broad range of tradable products to clients in Africa.
In South Africa, Admirals operates as Admirals SA (Pty) Ltd. It is authorized by the Financial Sector Conduct Authority (FSCA) as a financial services provider under license number FSP 51311.
International operations are managed by Admirals SC Ltd, which is licensed by the Financial Services Authority of Seychelles (FSA) as a securities dealer under license number SD073. This entity serves clients in various regions worldwide.
Below is a breakdown of Admirals’ regulatory coverage across different markets.
Flag | Region | Entity | Authority | License |
 | United Kingdom | Admiral Markets UK Ltd | Financial Conduct Authority (FCA) | Registration number 595450 |
| EU | Admiral Markets Cyprus Ltd | Cyprus Securities and Exchange Commission (CySEC) | License number: 201/13 |
| Australia | Admiral Markets Pty Ltd | Australian Securities & Investments Commission (ASIC) | AFSL No. 410681 |
| Jordan | Admiral Markets AS Jordan Ltd | Jordan Securities Commission (JSC) | Registration number: 57026. |
| European Economic Area (EEA) | Admiral Markets AS | Estonian Financial Supervision Authority (EFSA) | License No.: 4.1-1/46 |
| Internationally | Admirals SC Ltd | Financial Services Authority of Seychelles (FSA) | License number: SD073 |
| Kenya | Admirals Kenya Limited | Capital Markets Authority (CMA) | License number: 178 |
| South Africa | Admirals SA (PTY) LTD | Financial Sector Conduct Authority (FSCA) | License number: FSP51311 |
Being regulated in several jurisdictions by authorities such as ASIC, FSA, FCA, JSC, and EFSA gives Admirals a strong regulatory standing and enhances its credibility.
That said, the broker is not regulated by the CFTC, which means it cannot offer services to residents of the United States or Belgium.
Regulation
4.5/5
- Multi-jurisdiction regulation develops trust
- Absence of CFTC regulation or NFA membership in the US
KYC Procedure for Account Creation and Depositing
Opening an account with Admirals is a quick process that usually takes less than five minutes to complete. Verification, however, may take up to 24 hours. Overall, the procedure follows standard industry practices and typically involves the following steps:
Set up your secure login by providing a valid email address and creating a password.
Fill out the application form by entering your personal details, including your full name, date of birth, city of residence, address, postcode, and phone number.
Select your preferred trading account by choosing a platform and account type. On MT5, you can pick from Trade, Invest, or Zero accounts, while MT4 offers Trade and Zero account options.
Complete a suitability check by providing details about your employment, sources of income, and trading experience. If your responses meet the broker’s requirements, you’ll be approved to move forward. If not, your application may be declined.
Agree to the terms by ticking the box at the end of the registration form, confirming that you accept Admirals’ Terms and Conditions.
Submit your verification documents by uploading proof of identity (such as a passport, national ID card, or driver’s license) along with proof of residency, like a recent utility bill or bank statement issued within the last three months. Admirals uses these to confirm and activate your account.
Although setting up an account takes only a few minutes, verification can take up to 24 hours. Once your account has been approved, you’ll need to make a deposit using one of the available payment methods before you can begin trading.
Account Opening
4/5
- The sign-up process is fast (within a few minutes)
- Sign up includes a suitability test
- Account verification is required
Account Types
Admirals provides five different live trading account types, giving traders the flexibility to choose one that matches their needs and trading style. Accounts can be opened in a range of base currencies, including AUD, USD, GBP, EUR, SGD, BRL, CLP, MXN, VND, THB, RON, and HUF.
The account options are linked to either MetaTrader 4 or MetaTrader 5. On MT5, traders can choose from Trade MT5, Invest MT5, and Zero MT5, while MT4 users have the Trade MT4 and Zero MT4 accounts. Each option comes with competitive trading conditions designed to enhance the overall trading experience.
For this reason, traders should take time to review the features of each account type before deciding which one is best suited to their goals.
MT5 Trade Account
The Trade MT5 account is offered on the MetaTrader 5 platform and requires a minimum deposit of $100, or the equivalent in EUR, CHF, HUF, or other supported currencies. For clients registered under the FSA Seychelles division, the minimum deposit can be as low as $25.
With this account, traders gain access to a wide range of instruments, including more than 3,350 stock CFDs, 19 cash index CFDs, 11 commodity futures, 24 index futures CFDs, 7 agricultural CFDs, 3 energy CFDs, 5 metal CFDs, 32 cryptocurrency CFDs, and 80 forex pairs.
Leverage for retail clients is set between 1:20 and 1:30 on forex, and between 1:10 and 1:20 on indices. Spreads start as low as 0.5 pips. Commissions apply only to single share and ETF CFDs, starting from $0.02 per share, while trading on other instruments is commission-free.
Key features of the MT5 Trade account include:
- Market execution and no requotes
- Minimum order size of 0.01 lots on Forex
- Maximum order size of 100 lots on Forex
- Maximum open and pending orders – 500
- Stop out at 50% for retail and 30% for professional clients
- Negative balance protection
- Islamic Account option
- Hedging allowed
- Access to Expert Advisors
- MetaTrader Supreme Edition Add-on
- One-Click Trading enabled
- Market Depth with Level II pricing
- Market News and Analysis from the Dow Jones
- An economic calendar
- Trading Central
MT5 Invest
The MT5 Invest account is the most affordable live trading option at Admirals, with a minimum deposit of just $1, or the equivalent in EUR or RON. This account is tailored specifically for stock and ETF investing, giving traders access to more than 4,100 stocks and around 200 ETFs, though the exact availability may vary depending on the client’s region.
Spreads on this account start from 0.0 pips, while commissions are competitive, beginning at $0.02 per share on stocks and ETFs.
Key features of the MT5 Invest account include:
- Exchange execution
- No requotes
- Maximum open and pending orders – 500.
- MetaTrader Supreme Edition Add-on.
- Expert Advisors supported
- One-Click trading
- Volatility Protection Settings
- Market Depth with Level II pricing
- Market News and Analysis from the Dow Jones
- An economic calendar
- Trading Central
MT5 Zero
The MT5 Zero account shares many similarities with the MT5 Trade account but stands out by offering even tighter spreads, starting from 0.0 pips. The minimum deposit requirement is the same—$100 or the equivalent, though in some regions traders can start with as little as $25. Available base currencies include EUR, USD, HUF, RON, GBP, AUD, MXN, SGD, and others.
With this account, traders can access up to 80 forex pairs, 3 metal CFDs, 10 cash index CFDs, and 3 energy CFDs. For retail clients, leverage ranges from 1:20 to 1:30 on forex and 1:10 to 1:20 on indices.
Commissions are charged on certain instruments and vary by market: between $1.8 and $3 per lot per side on forex and metals, $0.05 to $3 per lot per side on cash indices, and $1 per lot per side on energies.
Key features of the MT5 Zero account include:
- Market execution and no requotes
- Minimum order size of 0.01 lots on Forex
- Maximum order size of 200 lots on Forex
- Maximum open and pending orders – 500.
- Stop out at 50% for retail clients (30% for professionals)
- Negative balance protection
- No Islamic Account option
- Hedging allowed
- Access to Expert Advisors
- MetaTrader Supreme Edition Add-on
- One-Click Trading enabled
- Market Depth with Level II pricing
- Market News and Analysis from the Dow Jones
- An economic calendar
- Trading Central
MT4 Trade Account
The MT4 Trade account is the MetaTrader 4 version of the MT5 Trade account. It requires a minimum deposit of $100, or the equivalent in another supported currency.
This account provides access to a wide range of instruments, including 159 stock CFDs, 16 cash index CFDs, 3 energy CFDs, 4 metal CFDs, 5 cryptocurrency CFDs, and 45 forex pairs. For retail clients, leverage ranges from 1:20 to 1:30 on forex trading and 1:10 to 1:20 on indices.
Spreads start from 0.5 pips, and commissions are charged only on single share and ETF CFDs, at $0.02 per share. Other financial instruments can be traded commission-free.
Key features of the MT4 Trade account include:
- Market execution and no requotes
- Minimum order size of 0.01 lots on Forex
- Maximum order size of 100 lots on Forex
- Up to 200 open and pending orders
- Stop out of 50% for retail clients(30% for pro traders)
- Negative balance protection offered
- No Islamic Account option
- Hedging allowed
- Access to Expert Advisors
- MetaTrader Supreme Edition Add-on.
- One-Click trading is enabled
- Market Depth with Level II pricing
- Access to Market News and Analysis by the Dow Jones
- An Economic Calendar
- Trading Central
MT4 Zero
The MT4 Zero account is the MetaTrader 4 equivalent of the MT5 Zero account, offering ultra-tight spreads starting from 0.0 pips. The minimum deposit requirement is $100, though in some regions traders can begin with as little as $25. Supported base currencies vary depending on the client’s location.
This account provides access to 45 forex pairs, 3 metal CFDs, 10 cash index CFDs, and 3 energy CFDs. For retail clients, leverage is set between 1:20 and 1:30 on forex, and 1:10 to 1:20 on indices.
Commission fees apply and range from $1.8 to $3 per lot per side on forex and metals, $0.05 to $3 per lot per side on cash indices, and $1 per lot per side on energies.
Key features of the MT4 Zero account include:
- Market execution and no requotes
- Minimum order size of 0.01 lots on Forex
- Maximum order size of 200 lots on Forex
- A maximum of 200 open and pending orders
- Stop out of 50% for retail clients (30% for pros)
- Negative balance protection offered
- No Islamic Account option
- Hedging allowed
- Access to Expert Advisors
- MetaTrader Supreme Edition Add-on.
- One-Click trading is enabled
- Access to Market News and Analysis by the Dow Jones
- An Economic Calendarby the Dow Jones
- Trading Central
Feature | MT5 Trade | MT5 Invest | MT5 Zero | MT4 Trade | MT4 Zero |
80 FX pairs | |||||
45 FX pairs | |||||
CFDs on major indices, commodities, metals, and bonds | |||||
ECN Execution | |||||
Minimum account balance | $100 | $1 | $100 | $100 | $100 |
Web and desktop platforms, MT4 and mobile apps | |||||
Unlimited free wire transfers | |||||
No requotes | |||||
Negative balance protection | |||||
Fully automated execution | |||||
24/7 support | |||||
Variable contract sizes (as low as 1 unit) | |||||
Joint account | |||||
Corporate account |
Islamic Account (Swap-Free)
Admirals also provides swap-free account options on its MT5 Trade accounts for Muslim clients who follow Sharia law, which prohibits paying or receiving interest. With this setup, no swaps or interest fees are charged on overnight positions.
Instead, an administration fee is applied on trades held beyond a certain period—typically after 3 days, although for cryptocurrencies and exotic forex pairs the fee is charged after just 1 day. The exact fee depends on the market. For instance, holding a EUR/USD position incurs a fee of $11 per standard lot, while a gold position attracts a $79 fee per standard lot.
Demo Account
Admiral Markets provides a risk-free demo account, giving traders the chance to practice in a realistic market environment with virtual funds. This makes it a great tool for beginners to build confidence and learn the basics, while experienced traders can test and refine their strategies without financial risk.
The demo account is available on both MT4 and MT5 platforms. New users can access it for 30 days, while those who already have a live account enjoy unlimited access.
Pro Account
The Pro account is designed for advanced traders, offering leverage of up to 1:500, access to loyalty programs, and enhanced trading flexibility. However, this account type is reserved exclusively for Wholesale Clients who meet specific eligibility requirements.
- Net assets of at least A$2.5 million
- A gross income for each of the last two financial years of at least A$250,000 per annum
- Minimum of 20 qualifying trades (each worth A$20,000 on equities or A$50,000 on forex, indices, and commodities) trades per quarter for any 4 quarters in the last 5 years
Account Types
4/5
- Five main live account options
- Account options are platform dependent
- Islamic Account available
- Demo Account available
Trading Fees and Other Costs
Before making a trading decision, every trader should take into account a broker’s trading fees and other costs. As a CFD and forex broker, Admirals applies two types of fees:
- Trading costs – spreads, commissions, and overnight financing rates;
- Non-trading costs – account management fees, deposit and withdrawal fees, non-activity fees.
Let us take a quick look at the trading fees that are available at Admirals.
Costs/fees | What is this? | With Admirals |
Spreads | The cost is incorporated into the price of what you trade. A wider bid-ask spread means higher costs. | |
Commission | A flat fee paid per position is often used as an alternative to charging via the spread. | |
Financing charges | The cost of holding a position active overnight. | The broker will not charge an extra fee on top of standard swap rates. |
Deposit fees | Fees charged by the broker to fund your account. | None |
Withdrawal fees | Fees charged by the broker to withdraw money from your account. | 1 free withdrawal request per month; Subsequent withdrawals incur fees of $1 for bank transfers; 1% for Visa, Mastercard, and Skrill. |
Inactivity fees | Fees charged on dormant trading accounts. | Inactivity fee of $10 per month applies if there is no account activity for 24 months. |
Spreads
Admirals offers low spreads on all its account types as follows:
- MT5 Trade Account: Spreads start from 0.5 pips and a commission fee of $0.02 per share per side on single shares and ETFs.
- MT5 Invest Account: Low spreads (starting from 0.0 pips) and a commission fee of $0.02 per share per side on single shares and ETFs.
- MT5 Zero Account: Tight spreads (starting from 0.0 pips) + a commission from $1.8 to $3 per lot for Forex, Metals, and Cash indices.
- MT4 Trade Account: Spreads start from 0.5 pips and a commission fee of $0.02 per share per side on single shares and ETFs.
- MT4 Zero Account: Tight spreads (starting from 0.0 pips) + a commission from $1.8 to $3 per lot on Forex, Metals, and Cash Indices.
Let us take a look at the average spreads offered on the four account types suitable for Forex trading:
Instrument | Standard MT4/MT5 Account | Raw MT4/MT5 Account | cTrader Account |
EUR/USD | 1.43 pips | 0.20 pips | 0.43 pips |
GBP/USD | 2.03 pips | 0.32 pips | 0.81 pips |
USD/JPY | 1.60 pips | 0.30 pips | 0.30 pips |
USD/CHF | 2.14 pips | 0.30 pips | 0.84 pips |
AUD/USD | 2.06 pips | 0.30 pips | 0.57 pips |
USD/CAD | 1.79 pips | 0.30 pips | 0.88 pips |
NZD/USD | 2.88 pips | 0.60 pips | 1.10 pips |
Now let’s compare the trading costs across different account types. For this example, we’ll look at a 1 Lot trade on EUR/USD (where one pip equals $10) and assume the trade is opened and closed at the same price. Based on the average spreads, the estimated trading costs for the three accounts are as follows:
MT5 Trade Account
- Spread – 0.9 pip
- TOTAL COST – 0.9 x $10 = $9.00 per side and $18.00 per round turn
MT5 Zero Account
- Spread – 0.2 pips
- Spread cost – 0.2 x $10 = $2.0 per side and $4 per round turn
- Commission – $6.0 per round turn
- TOTAL COST – $4.0 + $6.0 = $10.0 per round turn
MT4 Trade Account
- Spread – 0.9 pips
- TOTAL COST – 0.9 x $10 = $9.00 per side and $18.00 per round turn
MT4 Zero Account
- Spread – 0.2 pip
- Spread cost – 0.2 x $10 = $2.0 per side and $4 per round turn
- Commission – $6.0 per round turn
- TOTAL COST – $4.0 + $6.0 = $10.0 per round turn
From this comparison, it’s clear that accounts with tighter spreads typically carry higher commission fees to balance the broker’s costs. Even so, the MT5 Zero and MT4 Zero accounts stand out as the most cost-effective options.
Next, let’s compare the average spreads of Admirals’ Standard Account with those offered by other major brokers on the most actively traded forex pairs.
Instrument | Admirals | IC Markets | Fusion Markets | IG |
EUR/USD | 0.9 pips | 0.86 pips | 0.93 pips | 1.4 pips |
GBP/USD | 1.1 pip | 1.06 pips | 1.0 pips | 1.4 pips |
USD/JPY | 1.2 pip | 1.02 pips | 1.70 pips | 1.97 pips |
USD/CHF | 1.9 pip | 1.14 pips | 1.70 pips | 1.99 pips |
AUD/USD | 1.1 pip | 0.69 pips | 0.91 pips | 0.82 pips |
USD/CAD | 1.9 pip | 1.03 pips | 0.99 pips | 1.77 pips |
NZD/USD | 2.1 pip | 1.38 pips | 1.10 pips | 2.05 pips |
We can deduce from the above table that Admirals’ spreads are generally within the range of those of its competitors, such as IC Markets, Fusion Markets, and IG.
Commissions
Admirals charges a $3 commission per lot per side (or $6 round trip) on both the MT5 Zero and MT4 Zero accounts. On the MT5 Invest account, commission fees start as low as $0.02 per share for stocks and ETFs. In contrast, the MT5 Trade and MT4 Trade accounts are commission-free.
This implies that for the MT5 Zero and MT4 Zero accounts:
- for a 1 Standard Lot trade (100,000 units), you will pay a $6 commission to open and close the position;
- for a 1 Mini Lot trade (10,000 units), you will pay a $0.6 commission to open and close the position;
- for a 1 Micro Lot trade (1,000 units), you will pay a $0.06 commission to open and close the position.
A $6 commission per standard lot on the MT5 Zero and MT4 Zero accounts falls within the industry’s typical range. However, it is not the lowest available. For instance, a comparable trade on Fusion Markets’ Zero Spread Account carries a $4.50 round-turn commission, which currently stands as one of the most competitive rates in the market.
Spreads & Commissions
4/5
- Fair commission fees on zero spread account
- Low spreads on the Zero account types
- Zero commissions on MT4 Trade and MT5 Trade accounts
Financing Charges
These include swap charges. You can see the swap charges for any currency position by logging into their MT4 platform and taking the following steps:
Locate your product in the ‘Market Watch’ window. Right-click and select ‘Symbols.’
Select the product you wish to view from the list. Select ‘Specifications’.
Here, you can view the Forex swap rates for long and short positions.
Deposit fees
Admirals, like most online brokers, does not impose any deposit fees. This has become a standard practice across the industry.
Withdrawal fees
Customers receive one free withdrawal each month. After that, a fee of €1 applies to bank transfers, while Visa, Mastercard, and Skrill transactions incur a 1% charge. Transfers involving overseas banks may also attract intermediary fees from either side, which are beyond Admirals’ control.
Inactivity fees
Admirals applies a monthly inactivity fee of $10 to accounts that remain inactive for more than 24 months.
Inactivity Fees
2.5/5
- $10 Inactivity charge
Overall on Fees
Admirals provides competitive spreads across all its account types. The $6 round-turn commission on its Zero Spread accounts is comparable to what many leading brokers charge. Beyond standard overnight financing, there are no extra costs, and the absence of significant non-trading fees works in favor of traders.
Trading Fees and Other Costs
4/5
- Competitive spreads on all account types
- Very competitive commission fees on the MT5 Zero and MT4 Zero accounts
- No extra fees on top of standard swap rates
- No non-trading fees
Desktop Trading Platforms
Admirals provides traders with the popular MT4 and MT5 trading platforms
MetaTrader 4
Admirals offers traders access to the MetaTrader 4 (MT4) platform, a powerful trading solution launched in 2005 by MetaQuotes. MT4 is the most widely used platform among Forex and CFD traders, known for its stability, reliability, and user-friendly interface. Packed with a wide range of trading tools, it enhances the overall trading experience for both beginners and professionals.
The platform is available as a desktop application for Windows and Mac, a WebTrader accessible via popular browsers such as Chrome, Safari, Firefox, and Edge, and a mobile app for Android and iOS. Admirals further extends MT4’s capabilities with add-ons like StereoTrader and the MT4 Supreme Edition.
Benefits and features:
- User-friendly
- Flexible
- Secure
- Fast and responsive
- Available in 39 languages
- Advanced charting capabilities
- Automated trading
- Virtual Private Server
- Customizable
MetaTrader 5
MetaTrader 5 (MT5), developed by MetaQuotes in 2010, is a more advanced trading platform designed to provide access to multiple asset classes, including actual stocks in addition to stock CFDs. Recognized worldwide as a leading multi-asset platform, MT5 allows traders to trade Forex, CFDs, exchange-traded instruments, stocks, and futures. It features advanced charting tools, enhanced order management, and greater flexibility for automated trading.
Building on the strengths of MT4, MT5 introduces expanded functionality such as 21 timeframes, nine chart types, and an overall broader set of analytical tools. Admirals also supports add-ons like StereoTrader and the MetaTrader Supreme Edition to further enhance the platform.
The MT5 platform is available in desktop, web, and mobile versions, ensuring accessibility across devices.
Benefits and features:
- Thousands of markets
- Level II pricing
- Trading robots
- VPS support
- Easy to use
- Superior charting
- Free market data and news
- Education market
MetaTrader WebTrader
MetaTrader WebTrader allows traders to trade Forex and CFDs directly through their browsers. To get started, they simply need to provide their email address on Admirals’ dedicated WebTrader page. This grants access to an MT5 demo account with €10,000 in virtual funds.
Benefits and Features
- Trade directly from your browser, with no installation needed
- Compatible with PC or MAC
- 170 ms average execution time
- No requotes
- Deep liquidity
Admirals Platform
The Admirals Platform is built for clarity and efficiency, giving traders access to a wide range of financial instruments including stocks, ETFs, currency pairs, and CFDs on commodities and indices—all from one platform. It also integrates TradingView charts, helping traders analyze market movements and make well-informed decisions.
Benefits and Features
- User-intuitive interface for beginners
- Stocks, ETFs, currency pairs, commodities, indices, and CFDs, ensuring broad market exposure
Desktop Platforms
4/5
- MT4/MT5/MetaTrader WebTrader are available
- Multiple advanced trading tools are built into the platforms
- Admirals Platform
Mobile Trading Platforms
The broker offers mobile versions of the MT4 and MT5 trading platforms, giving traders the convenience of managing their accounts and executing trades anytime, anywhere with an internet connection.
What makes these apps stand out is that they provide nearly the same features and functionalities as the desktop versions, ensuring a smooth trading experience on the go. The MT4 app requires Android 5.0 or higher or iOS 12.0 or later, while the MT5 app is compatible with Android 5.0 and above and iOS 15.0 or later.
MT4 for Android and iOS | MT5 for Android and iOS | Admirals Stock Trading | |
Minimum System Requirements | Android 5.0; iOS 12.0 | Android 5.0, iOS 15.0 | Android 6.0, iOS 15.0 |
User Rating | Google Play: 4.8 / 5; App Store: 4.8 / 5 | Google Play: 4.9 / 5; App Store: 4.8 / 5 | Google Play: 3.9 / 5; iOS: 4.2 / 5 |
User Reviews | Google Play: 10M+ reviews; App Store: 77,400+ ratings | Google Play: 853,000+ reviews; App Store: 51,700+ ratings | Google Play: 2000+ reviews; App Store: 65 ratings |
Supported Languages | English, French, German, Malay, Spanish, Polish, Japanese, Hindi, Greek, Italian, Chinese, and +11 languages | English, German, French, Dutch, Thai, Chinese, Italian, Korean, Japanese, Polish, Malay, and +12 languages | English, German, French, Spanish, Estonian, Polish, Bulgarian, Arabic, Indonesian, Vietnamese |
Forex Pairs | 82 on Admirals | 82 on Admirals | N/A |
Other Tradable Assets | Indices, Commodities | Stocks | Stocks |
Features | 30 technical indicators, 24 graphical objects, 3 chart types, 9 timeframes, interactive charts, community chat | 30 technical indicators, 3 chart types, 24 graphical objects, level-II pricing, community chat, financial news | Demo trading, 10 languages, market news, multi-currency accounts |
Biometric Authentication | Yes (Touch ID) | Yes (Touch ID) | Yes |
2-Factor Authentication | Yes | Yes | Yes |
Mobile Trading
4.5/5
- Third-party mobile apps for the MT4 trading platform is available
- Apps offer the full functionality of the desktop platform version
Trading Instruments
Admirals gives traders access to a wide range of more than 8,000 financial instruments spanning multiple asset classes. These include Forex, equity indices, commodities, cryptocurrencies, shares, ETFs, and bonds. While most of these are offered as CFDs, the broker also provides the option to directly buy shares and exchange-traded funds.
Asset Class | Admirals | IC Markets | Fusion Markets | |
Forex | 82 | Very Good | 61 | 79 |
Indices | 42 | Very Good | 23 | 11 |
Stocks CFDs | 3,031 | Very Good | 1,600+ | 50 |
Commodities | 29 | Good | 22 | 16 |
Bonds | 2 | Fair | 11 | 0 |
Cryptocurrency | 24 | Good | 20+ | 10+ |
Energy | 4 | Fair | 0 | 0 |
Futures | 34 | Fair | 0 | 0 |
Options | 0 | N/A | 0 | 0 |
Let us now take a closer look at the product list.
Forex
Admirals provides access to more than 80 Forex pairs, covering majors like EURUSD, minors such as EURGBP, and exotics like USDCZK. Forex trading is available 24/5 with tight spreads and flexible leverage. Retail clients can trade with leverage ranging from 1:20 to 1:30 across all Admirals’ account types, while professional clients may qualify for leverage of up to 1:500.
Index CFDs
Admirals gives traders the opportunity to trade some of the world’s most liquid equity indices, including the S&P 500, DAX, FTSE, DJ30, and others, directly through the MT4 and MT5 platforms. All index prices reflect the actual underlying value of the respective stock market index. Traders can access indices from major global exchanges with leverage of up to 1:500, depending on the instrument, without any commission or expiration. These indices are available for trading 24 hours a day, five days a week.
Stock CFDs
Traders interested in capitalizing on some of the world’s most popular stocks can trade stock CFDs with Admirals. The broker provides access to CFDs for major blue-chip companies such as Apple, Google, Facebook, BMW, BP, and many others. Leverage of up to 1:20 is available, allowing trades in both long and short directions without any additional costs for short selling. CFDs enable traders to profit from price movements without actually owning the underlying stocks.
Commodities
Admirals enables traders to access the commodities markets through CFDs on popular assets such as oil, gas, gold, and silver, allowing them to profit from price fluctuations. Trading can be started with an initial investment of just $200 via the MT4 or MT5 platforms. Leverage of up to 1:500 is offered, with no additional commission charges; however, EU retail traders are limited to 1:30 leverage in line with ESMA’s MiFID II regulations. Commodities, including gold, can be traded 24 hours a day, five days a week.
ETFs
Admirals offers CFD trading on a wide range of popular exchange-traded funds (ETFs). Traders can take long positions to profit from rising prices or short positions to benefit from falling prices. Leverage of up to 1:20 is available depending on the instrument, and ETFs can be traded using both MT4 and MT5 accounts.
Bonds
At present, Admirals provides two bond CFDs on the MT4 and MT5 platforms: the 10-year Germany Bund Futures CFD and the 10-year US Treasury Note Futures CFD. Traders can use leverage of up to 1:200, with no commissions. The minimum deposit is only $1, and positions can be taken long or short without any additional costs for short selling.
Cryptocurrency
Admirals provides Cryptocurrency CFDs, allowing traders to access the market 24/7 with leverage of up to 1:5. Traders can go long or short on popular cryptocurrencies like Bitcoin, Litecoin, and Ethereum, profiting from price movements without actually owning the digital assets.
Traded Instruments
4/5
- A vast diversity of tradable asset classes
- Leveraged trading on various instruments
- No Options CFDs
Trade Execution
Admirals operates as an STP (Straight-Through Processing) broker with no dealing desk intervention. This means trades are executed quickly, with interbank-level spreads, as orders are routed directly to liquidity providers rather than being handled internally. Acting as a bridge, Admirals channels client orders to the markets without requotes, ensuring execution at the best available bid/ask rates, with only a small mark-up to cover trading costs.
The broker’s liquidity providers include hedge funds, major banks, and other investors who act as counterparties to trades. An internal liquidity pool is maintained, where multiple providers compete to offer the best bid and ask prices for client orders.
Trade Execution
4/5
- STP execution with no dealing desk intervention
- Ultra-fast execution speed and low latency
- Direct access to various top tier liquidity providers
Deposits
Admirals provides a variety of deposit options to make funding trading accounts simple and convenient. The broker does not charge any deposit fees and supports accounts in multiple base currencies, including AUD, USD, EUR, GBP, NZD, SGD, JPY, and CAD.
Third-party payments are not accepted, so all deposits must come from accounts in the same name as the Admirals trading account. Payments from joint bank accounts or credit cards are allowed only if the trading account holder is one of the account holders. The minimum deposit ranges from $1 to $100, depending on the chosen account type.
The broker offers a generous selection of deposit methods, including the following:
Method | Processing Time |
Wire Transfer, Credit Card, PayPal, Skrill, Neteller, Domestic EFT | 1-2 days |
POLi Payments | Instant |
Credit/Debit Card | Instant |
JCB | Instant |
Neteller | Instant |
China Union Pay | Instant |
Skrill | Instant |
AstroPay | Instant |
Bank Transfer | Instant |
Przelewy | Instant |
iDEAL | Instant |
Trustly | Instant |
SafetyPay | Instant |
Klarna | Instant |
iBank&BankLink | Instant |
Currently, there are no deposit bonuses available with this brokerage.
Deposits Methods
4/5
- $1 or $100 minimum deposit
- Multiple base currencies
- No deposit fees charged
- Good selection of payment methods
- No deposit bonuses are available
Withdrawal Methods
Clients can request withdrawals online through the secure Admirals client portal by selecting the withdraw option from the menu. All deposit methods are also available for making withdrawals.
Admirals provides one free withdrawal each month. Additional withdrawals carry a fee of €1 for bank transfers, while Visa, Mastercard, and Skrill withdrawals are subject to a 1% fee.
In compliance with AML/CTF regulations, Admirals does not process withdrawals to third parties. All funds must be transferred to a bank account registered in the same name as the Admirals trading account.
Withdrawal Methods
4/5
- One free withdrawal request per month
- No third party withdrawals
- Timely withdrawal request processing
Customer Support Contacts
Admirals has a professional and responsive client support team that handles inquiries with courtesy and efficiency. The team is available 24 hours a day, five days a week, from Monday to Friday. Traders can reach the support team through the following channels:
Support Contact | Available | Response |
Live Chat | 24/7 | Less than 30 seconds |
Telephone contact | 24/5 | Within several minutes |
Email contact | 24/5 | Within several hours |
Live Chat : This convenient channel lets you communicate directly with Admirals’ support team in real time. The live chat can be accessed via the “Chat” icon located at the bottom-right corner of the website. After clicking the icon, you will need to enter your name and email address, then type your message in the provided box to start a live conversation with customer support.
Telephone contact : You can also reach Admirals’ support team by phone from 9 am to 5 pm, Monday to Friday, using the following regional numbers: Help center: +357 22 222046 (Europe), +61 1300 889 866 (Australia), +44 20 8157 7344 (United Kingdom).
Email Contact : You can also direct specific inquiries to the support email addresses: info@admiralmarkets.com.au and global@admiralmarkets.com . The customer support team is known for providing polite and helpful responses. For common questions, traders can also consult the broker’s Help Center page.
Help Center : The Help Center provides a detailed list of Frequently Asked Questions, addressing common client queries. These are organized into categories such as Getting Started, Account Application, Partnership Program, Payment, Dashboard, and Trading Platforms.
Support Contact
4/5
- Live Chat experience was outstanding
- Extensive FAQs section
- Email support available
Research and Educational Materials
To support traders in making informed decisions, Admirals offers a variety of educational resources. These include:
- Forex & CFD Webinars
- Academy
- FAQ
- Trader’s Glossary
- Forex & CFD Seminars
- Education Packages
- Articles & Tutorials
- Zero to Hero
- Forex 101
- Trading Videos
- E-books
Research & Education
3.5/5
- Good educational content
- Video tutorials
- Admiral Markets education section and webinars
Security and Money Guarantees
At www.thinkforexbrokers.com, we are committed to helping traders work only with regulated online brokers, and Admirals is one of them. Our key findings include::
- Over two decades of business history and growth
- Multiple regulatory authorities
- Award-winning brokerage
Admirals’ regulation across multiple jurisdictions demonstrates its compliance with the strict standards set by top-tier financial authorities, providing a secure environment for clients’ funds. Customer deposits are held in segregated bank accounts, and the broker uses SSL encryption to protect website data. However, Admirals does not accept clients from the United States.
Entity | Regulator | Amount covered | Negative Balance Protection |
Admiral Markets UK Ltd | Financial Conduct Authority (FCA) | £85,000 | |
Admiral Markets Cyprus Ltd | Cyprus Securities and Exchange Commission (CySEC) | N/A | |
Admiral Markets Pty Ltd | Australian Securities & Investments Commission (ASIC) | N/A | |
Admiral Markets AS Jordan Ltd | Jordan Securities Commission (JSC) | N/A | |
Admiral Markets AS | Estonian Financial Supervision Authority (EFSA) | N/A | |
Aglobe Investments Ltd | Financial Services Authority of Seychelles (FSA) | N/A |
Over the years, Admirals has received numerous industry accolades. Notable awards include Best CFD Broker in 2016, 2018, and 2019 (DKI Customer’s Choice 2019), Best Forex Broker from 2015 to 2018 (OnlineBroker-Portal.de), and Best Forex Platform in 2019 (ADVFN International Financial Awards).
Security of funds
3.5/5
- Negative balance protection
- Multiple industry awards
Conclusion
Overall, the team at BestBrokers.com found that Admiral Markets provides highly competitive trading conditions compared to other brokers. The key reasons for this are:
- High liquidity
- Leverage of up to 1:500
- Innovative trading technology
- Lightning-fast execution via the MT4and MT5 trading platforms
- Award-winning customer service
- Free education to sharpen your skills
- Fully licensed and regulated since 2001
Overall
4/5
- STP brokerage, which translates to improved trust for clients
- No Dealing Desk Intervention
- Competitive trading costs and no non-trading costs
- Good selection of trading platforms
- Opportunity to trade over 8,000 financial assets
