Admirals Trading Broker Review

Written by Christopher Lewis
Christopher Lewis
Christopher Lewis is a professional trader and author specialized in Forex and Crypto trading.
, | Updated: January 29, 2025

Admiral Markets, established in 2001 in Estonia, has grown into one of the leading online trading platforms in the world, offering a diverse range of trading instruments and services to suit traders of all levels. With over two decades of experience, the company has expanded its presence globally, catering to a broad audience in Europe, Asia, and beyond. It operates under the rebranded name Admirals, maintaining its commitment to excellence in the financial trading sector.

At-a-glance Statistics

Number of Tradable FX pairs
Number of Regulators
TrustPilot Rating
Number of TrustPilot Reviews
Traffic & Engagement
  • Total visits, January 2025:813,549
  • Device distribution:
  • Desktop: 37.67%
  • Mobile: 62.33%
  • Visit duration: 00:01:52
Social Traffic
  • Visitors:
  • Youtube: 84.31%
  • LinkedIn: 1.86%
  • Facebook: 3.03%
  • Pinterest: 2.59%
  • WhatsApp: 6.16%
  • Other: 2.05%
Geographic Distribution of Admirals Website Traffic

Admirals Contact Information

Admiral Markets provides access to a wide array of financial instruments, including Forex, stocks, commodities, indices, ETFs, and cryptocurrencies. This variety ensures traders can diversify their portfolios effectively, whether they prefer high-volatility markets like cryptocurrencies or the stability of blue-chip stocks.

General Information about Admirals

Regulators Australian Securities and Investments Commission, Canadian Investment Regulatory Organization, Capital Market Authority, Cyprus Securities and Exchange Commission, Estonian Financial Supervisory Authority, Financial Conduct Authority, Financial Sector Conduct Authority, Financial Services Authority Seychelles, Jordan Securities Commission
Min. Deposit $100 ($1 for Invest MT5 Account)
Trading Platforms MetaTrader 4, MetaTrader 5, StereoTrader
Number of Forex pairs 82
Account Security and Protections Negative Balance Protection

Account Information

Account Types Invest Account, Standard Account, Zero Account
ECN Account Not Available
Pro Account Not Available
MAM Account Not Available

Trading Information

Markets Bonds CFDs, Commodities CFDs, Crypto CFDs, Energy CFDs, ETF CFDs, Forex CFDs, Indices CFDs, Metals CFDs, Share CFDs, Stock CFDs, US Stock CFDs
Min Contact Size 0.01
Min Account Balance USD100
Scalping Allowed Available
Hedging Allowed Available
PAMM Trading Not Available
Swap-free Trading Not Available

Spreads

Market Instrument Account Spread
Forex CFDs AUDUSD Trade MT4 AVG 1 pips
Forex CFDs AUDUSD Zero MT4 AVG 0.5 pips
Crypto CFDs Bitcoin Trade MT4 AVG 0.3%
Crypto CFDs Cardano Trade MT5 AVG 1.5%
Crypto CFDs Dogecoin Trade MT5 AVG 1.5%
Crypto CFDs Ethereum Trade MT4 AVG 0.3%
Forex CFDs EURGBP Trade MT4 AVG 1 pips
Forex CFDs EURGBP Zero MT4 AVG 0.6 pips
Forex CFDs EURUSD Trade MT4 AVG 0.8 pips
Forex CFDs EURUSD Zero MT4 AVG 0.1 pips
Forex CFDs GBPUSD Trade MT4 AVG 1 pips
Forex CFDs GBPUSD Zero MT4 AVG 0.6 pips
Metals CFDs Gold Trade MT4 AVG 25 pips
Metals CFDs Gold Zero MT4 AVG 17 pips
Stock CFDs Microsoft Corp Trade MT4 AVG 1 pips
Energy CFDs Natural Gas Trade MT4 AVG 6 pips
Energy CFDs Natural Gas Zero MT4 AVG 4 pips
Forex CFDs NZDUSD Trade MT4 AVG 1.9 pips
Forex CFDs NZDUSD Zero MT4 AVG 1.5 pips
Crypto CFDs Ripple Trade MT4 AVG 1%
Crypto CFDs Solana Trade MT5 AVG 1.5%
Indices CFDs US500 Trade MT4 AVG 0.6 pips
Indices CFDs US500 Zero MT4 AVG 0.1 pips
Forex CFDs USDCAD Trade MT4 AVG 1.6 pips
Forex CFDs USDCAD Zero MT4 AVG 1.1 pips
Forex CFDs USDCHF Trade MT4 AVG 1.2 pips
Forex CFDs USDCHF Zero MT4 AVG 0.6 pips
Forex CFDs USDCNY Trade MT4 AVG 1 pips
Forex CFDs USDCNY Zero MT4 AVG 1 pips
Forex CFDs USDJPY Trade MT4 AVG 1 pips
Forex CFDs USDJPY Zero MT4 AVG 0.3 pips

Leverage

Crypto CFDs 1:100 (FSAS | Retail Account)
Crypto CFDs 1:100 (FSCA | Retail Account)
Forex CFDs 1:500 (ASIC | Pro Account)
Metals CFDs 1:500 (ASIC | Pro Account)
Metals CFDs 1:20 (CySEC | Retail Account)
Metals CFDs 1:500 (FSAS | Retail Account)
Metals CFDs 1:500 (FSCA | Retail Account)
Metals CFDs 1:100 (JSC | Retail Account)
Stock CFDs 1:500 (ASIC | Pro Account)
Stock CFDs 1:5 (CySEC | Retail Account)
Stock CFDs 1:20 (FSAS | Retail Account)
Commodities CFDs 1:500 (ASIC | Pro Account)
Commodities CFDs 1:10 (CySEC | Retail Account)
Energy CFDs 1:50 (FSAS | Retail Account)
Indices CFDs 1:500 (ASIC | Pro Account)
Indices CFDs 1:20 (CySEC | Retail Account)
Indices CFDs 1:500 (FSAS | Retail Account)
Indices CFDs 1:500 (FSCA | Retail Account)
Indices CFDs 1:500 (JSC | Retail Account)
Bonds CFDs 1:5 (CySEC | Retail Account)
Crypto CFDs 1:5 (ASIC | Pro Account)
Crypto CFDs 1:2 (CySEC | Retail Account)
ETF CFDs 1:500 (ASIC | Pro Account)
ETF CFDs 1:5 (CySEC | Retail Account)
ETF CFDs 1:20 (FSAS | Retail Account)
Forex CFDs 1:30 (ASIC | Retail Account)
Forex CFDs 1:30 (CySEC | Retail Account)
Forex CFDs 1:30 (FCA | Retail Account)
Forex CFDs 1:1000 (FSAS | Retail Account)
Forex CFDs 1:500 (FSCA | Retail Account)
Forex CFDs 1:100 (JSC | Retail Account)
Soft Commodities 1:50 (JSC | Retail Account)

Deposit Methods

Visa CardAvailable
MasterCardAvailable
PaypalAvailable
Credit/Debit CardNot Available
AmexNot Available
Bank/Wire TransferAvailable
CryptoAvailable
BitcoinNot Available
SkrillAvailable
NetellerAvailable
Google PayNot Available
Apple PayNot Available
PayidNot Available
USDTNot Available
TetherNot Available
AstropayNot Available

The company is heavily regulated, holding licenses from reputable authorities such as the UK Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). These regulations ensure compliance with stringent standards of transparency, client fund protection, and ethical business practices, making Admiral Markets a reliable choice for traders worldwide.

Admiral Markets is compatible with popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are renowned for their robust tools, user-friendly interfaces, and flexibility. These platforms cater to both beginners and experienced traders, offering tools like algorithmic trading, customizable indicators, and advanced charting features.

Beginners can feel confident starting their trading journey with Admiral Markets, thanks to its extensive educational resources, demo accounts, and straightforward onboarding process. At the same time, seasoned traders benefit from competitive trading conditions, advanced tools, and innovative features.

Regulations and Security

Admiral Markets places a strong emphasis on the security and protection of its clients, ensuring a safe and regulated environment for trading. As a globally recognized broker, the company operates under the regulations of several financial authorities that ensure compliance with stringent financial standards. This provides peace of mind to traders, knowing that their funds and data are protected under rigorous regulations.

Admiral Markets holds licenses from some of the most reputable regulatory bodies in the industry. These include the Financial Conduct Authority (FCA) in the United Kingdom, Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). These authorities require the broker to adhere to strict rules regarding transparency, financial integrity, and risk management, which helps foster trust and confidence among its clients.

To further ensure client safety, Admiral Markets implements robust security measures, such as SSL encryption to protect personal and financial data during transactions, and segregated accounts to safeguard client funds from company assets. This means that clients’ funds are held in separate accounts, ensuring they are not used for the company’s operations or risk exposure.

Additionally, Admiral Markets is committed to maintaining high operational standards by conducting regular internal and external audits. This adds an extra layer of accountability, ensuring that clients can trade with confidence, knowing that the broker follows best practices in the financial industry.

In terms of investor protection, Admiral Markets offers compensation schemes depending on the regulatory jurisdiction. For example, clients trading under the FCA regulation are covered by the Financial Services Compensation Scheme (FSCS), which provides additional protection for eligible clients in the event the broker becomes insolvent.

Account Types and Features

Admiral Markets offers a variety of account types designed to meet the diverse needs of its traders. These accounts are tailored to provide optimal trading conditions, whether you’re a novice trader just starting out or an experienced professional looking for advanced tools and competitive spreads.

  • Trade.MT5 Account

    • This is the most versatile account type, catering to Forex and CFD traders.
    • Provides access to over 4,000 trading instruments, including currency pairs, indices, commodities, stocks, and ETFs.
    • Features include competitive spreads starting from 0.5 pips and leverage up to 1:30 for retail clients (1:500 for professional clients).
  • Invest.MT5 Account

    • Aimed at traders interested in long-term investments, this account is ideal for trading real stocks and ETFs.
    • Offers access to over 4,500 stocks and ETFs with commission rates as low as $0.02 per share and no hidden fees.
  • Zero.MT5 Account

  • Demo Account:

    • Available for new traders to practice in a risk-free environment.
    • Includes virtual funds and access to the MetaTrader platforms, allowing users to familiarize themselves with trading strategies and tools.

Process of Opening an Account

Opening an account with Admiral Markets is a straightforward and user-friendly process that can be completed in a few steps:

  1. Registration: Visit the official Admiral Markets website and click on “Open an Account.” Provide your email address, name, and preferred password to create your account.
  2. Verification: Complete the verification process by submitting a valid form of identification (such as a passport or driver’s license) and proof of address (like a utility bill or bank statement). This step ensures compliance with regulatory standards.
  3. Account Selection: Choose the account type that best suits your trading goals, whether it’s Trade.MT5, Invest.MT5, or Zero.MT5.
  4. Funding Your Account: Deposit funds into your account using one of the available payment methods, such as bank transfers, credit/debit cards, or e-wallets. Admiral Markets offers a range of options to suit global clients.
  5. Start Trading: Once your account is verified and funded, you can access the platform, explore available instruments, and begin trading.

Admiral Markets ensures a seamless onboarding experience by providing detailed instructions and customer support at every step of the process.

Trading Platforms

Admiral Markets offers traders access to some of the most advanced and reliable trading platforms in the financial markets: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are industry leaders, renowned for their robust functionality, user-friendly design, and versatility, catering to both beginners and seasoned traders.

MetaTrader 4 (MT4):

  • Overview: MT4 is certainly one of the most well-known trading platforms, especially among Forex traders. It is known for its intuitive interface and powerful analytical tools.
  • Features:
    • Over 30 built-in technical indicators and customizable charts.
    • One-click trading for fast execution.
    • Compatibility with Expert Advisors (EAs) for automated trading.
    • Secure trading environment with SSL encryption.
  • Suitability: Ideal for beginner to intermediate traders who prefer simplicity combined with efficiency.

MetaTrader 5 (MT5):

  • Overview: The successor to MT4, MT5 offers enhanced functionality and access to a broader range of trading instruments, including stocks and ETFs.
  • Features:
    • Advanced charting tools with 21 timeframes and an economic calendar.
    • Market Depth feature for analysing liquidity.
    • Support for hedging and netting trade positions.
    • A wide variety of built-in indicators and analytical tools.
  • Suitability: Perfect for advanced traders looking for comprehensive tools and access to multiple asset classes.

MetaTrader WebTrader:

For traders who prefer not to download software, Admiral Markets provides WebTrader, a browser-based version of the MetaTrader platforms.

  • Features:
    • Access to real-time market data and analysis.
    • No installation required—accessible from any device with an internet connection.
    • Seamless functionality with the same tools as desktop versions.

Mobile Trading:

Both MT4 and MT5 are available as mobile apps for iOS and Android devices.

  • Features:
    • On-the-go trading with full access to account management.
    • Push notifications for market updates and trade execution.
    • User-friendly interface tailored for mobile screens.

    Admiral Markets enhances these platforms with exclusive tools like MetaTrader Supreme Edition, which includes features such as advanced trading analytics, a sentiment indicator, and custom technical tools. Additionally, traders benefit from VPS (Virtual Private Server) services for uninterrupted trading, even during unstable internet connections.

Trading Instruments

Admiral Markets offers a vast range of trading instruments, enabling traders to access multiple financial markets through a single platform. This extensive variety allows clients to diversify their portfolios and take advantage of different market opportunities, whether in Forex, stocks, indices, or cryptocurrencies.

  • Forex Trading

    Forex is one of the most popular markets at Admiral Markets, with access to over 40 currency pairs, including major, minor, and exotic pairs.

    • Leverage: Retail clients can trade Forex with leverage of up to 1:30, while professional clients can access leverage up to 1:500, depending on regulatory jurisdiction.
    • Spreads: Competitive spreads starting from 0.0 pips are available for specific account types like Zero.MT5.
    • Features: Low latency execution and deep liquidity make Forex trading seamless for both scalpers and long-term traders.
  • Stocks and ETFs

    Traders can choose from over 4,000 global stocks and ETFs on the Invest.MT5 account.

    • Commission Rates: Admiral Markets provides some of the lowest commission fees, starting at $0.02 per share for US stocks.
    • Global Reach: Access major stock exchanges like NASDAQ, NYSE, and the London Stock Exchange.
    • Dividends: Investors can benefit from dividend payments on real stock holdings.
  • Indices

    Admiral Markets offers CFDs on 19 global indices, including popular ones like the S&P 500, NASDAQ 100, DAX 40, and FTSE 100.

    • Leverage: Leverage of up to 1:20 is available for index trading.
    • Low Costs: Zero commissions on index CFDs with tight spreads ensure cost-effective trading.
  • Commodities

    Clients can trade a variety of commodities, including metals, energies, and agricultural products:

    • Precious Metals: Trade gold and silver with spreads as low as 0.1 USD.
    • Energy Products: Access popular markets like Brent Crude Oil and WTI with competitive costs.
    • Leverage: Up to 1:20 leverage is available for most commodities.
  • Cryptocurrencies

    Admiral Markets provides CFDs on cryptocurrencies, including popular coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

    • Trading Flexibility: Trade crypto pairs against fiat currencies like USD and EUR.
    • Leverage: Up to 1:2 leverage for retail clients ensures manageable risk exposure.
    • Market Hours: Cryptocurrency trading is available 24/7.
  • Bonds and Treasury Instruments

    For traders seeking stability, Admiral Markets offers bond CFDs on government treasuries like the German Bund or the US 10-Year Treasury Note.

    • Leverage: Up to 1:5 on bond CFDs.
    • Purpose: These instruments are ideal for hedging and portfolio diversification.
  • Key Advantages of Admiral Markets’ Instruments

    • Diverse Selection: From volatile cryptocurrency markets to stable government bonds, Admiral Markets covers every trader’s preference.
    • Competitive Costs: Tight spreads and low commissions help optimize trading efficiency.
    • Risk Management Tools: Tools like stop-loss orders, take-profit limits, and margin calculators are readily available for all trading instruments.

With such a wide range of markets, Admiral Markets ensures traders have the flexibility to implement various strategies, from scalping and day trading to long-term investment plans.

Trading Conditions

Admiral Markets offers competitive and transparent trading conditions, ensuring an efficient experience for both beginners and professional traders.

  • Spreads: Tight spreads starting at 0.0 pips on the Zero.MT5 account for scalpers and 0.5 pips on Trade.MT5 for beginners.
  • Leverage: Retail clients can access leverage up to 1:30, while professional clients enjoy leverage up to 1:500.
  • Execution Speed: With No Dealing Desk (NDD) execution, Admiral Markets ensures minimal delays and reliable order execution.
  • Minimum Deposit: A low minimum deposit of €100 or equivalent is required to open a live trading account.
  • Margin and Stop-Out Levels: Retail clients have a margin call at 100% and stop-out at 50%, while professional clients enjoy a 30% stop-out level.
  • Trading Hours: Forex is available 24/5, and cryptocurrencies can be traded 24/7.
  • Risk Management: Tools like Negative Balance Protection, Stop Loss/Take Profit, and Volatility Alerts help manage risks effectively.

Admiral Markets offers trading conditions that cater to all levels, with low costs and robust risk management features.

Deposits and Withdrawals

Admiral Markets provides its clients with a range of convenient and secure options for funding their accounts and withdrawing profits. These processes are designed to be user-friendly, transparent, and efficient, ensuring traders can focus on their strategies without worrying about transactional hurdles.

Deposit Methods

Admiral Markets supports a variety of deposit methods to cater to its global clientele:

  • Bank Transfers: A reliable option for those preferring direct bank-to-broker transactions. Processing time typically ranges from 1–3 business days.
  • Credit/Debit Cards: Instant deposits are available for Visa and Mastercard users, providing a fast and secure funding option.
  • E-Wallets: Popular services such as Skrill, Neteller, and PayPal allow for instant deposits with minimal fees.
  • Local Payment Options: Regional payment solutions are supported in certain jurisdictions to make funding accessible for all clients.

Most deposit methods are fee-free, though charges may apply depending on the payment provider.

Withdrawal Methods

Withdrawals are processed promptly, ensuring traders can access their funds without unnecessary delays:

  • Bank Transfers: This is the primary method for larger withdrawals, with processing times ranging from 1–3 business days.
  • E-Wallets: Skrill, Neteller, and PayPal provide faster processing, often completed within a few hours.
  • Credit/Debit Cards: Available for withdrawals, with processing times depending on the bank, typically up to 5 business days.

Admiral Markets does not charge internal fees for withdrawals, but third-party fees from banks or payment providers may apply.

Processing Time

  • Instant Processing: Available for deposits made via e-wallets and credit/debit cards.
  • Standard Processing: Bank transfers may take up to 3 business days, depending on the financial institution.
  • Withdrawal Requests: Processed within 1 business day for most methods, ensuring clients receive their funds quickly.

Currency Options

Admiral Markets supports multiple currencies for deposits and withdrawals, including USD, EUR, GBP, and AUD, reducing the need for conversion fees.

Fees and Charges

Admiral Markets is committed to maintaining transparency regarding fees:

  • Deposit Fees: Generally, there are no fees for deposits, except when imposed by the payment provider.
  • Withdrawal Fees: The broker does not charge withdrawal fees, but third-party fees may apply.
  • Currency Conversion Fees: May apply if transactions are made in a currency different from the account base currency.

Admiral Markets’ efficient deposit and withdrawal processes ensure that clients can manage their funds securely and conveniently, with minimal delays and no hidden costs.

Copy Trading and Additional Services

Admiral Markets enhances its offering with copy trading and additional tools that empower traders.

Copy Trading

Clients can replicate the trades of experienced investors directly into their accounts. This feature is ideal for beginners seeking to learn from seasoned traders or for those looking to diversify. With customizable risk settings, users can tailor strategies to fit their trading goals. Copy trading is seamlessly integrated into Admiral Markets’ MetaTrader platforms.

Additional Services

Admiral Markets provides value-added services, including:

  • MetaTrader Supreme Edition: A plugin with advanced tools like sentiment indicators and enhanced analytics.
  • Educational Resources: Webinars, eBooks, and tutorials for skill-building.
  • VPS Hosting: Ensures uninterrupted trading for algorithmic strategies.
  • Economic Calendar: Helps traders track market-moving events.

These services enable traders of all levels to optimize strategies and stay informed in dynamic markets.

Pros and Cons

Pros

  • Diverse Range of Instruments: Admiral Markets offers an extensive variety of trading instruments, including Forex, stocks, indices, commodities, and cryptocurrencies, catering to a wide range of traders.
  • Competitive Spreads: Tight spreads starting from 0.0 pips on certain account types provide cost-effective trading opportunities.
  • Advanced Platforms: Access to MetaTrader 4 and MetaTrader 5, with added features like MetaTrader Supreme Edition, offers enhanced tools and flexibility.
  • Regulated Broker: Admiral Markets is regulated by trusted authorities, ensuring a safe and transparent trading environment.
  • Copy Trading: Beginners can benefit from copying the strategies of professional traders, making it easier to get started in the markets.

Cons

  • High Leverage for Professionals Only: Retail traders face leverage limits (up to 1:30), which may not suit those looking for higher risk exposure.
  • Limited Asset Classes for CFDs: While Admiral Markets offers a good selection, certain niche asset classes may be less extensive compared to some competitors.

Conclusion

Admiral Markets, now known as Admirals, is a well-established and reliable broker offering a diverse range of financial instruments, making it a strong choice for traders of all experience levels. With a robust regulatory framework, competitive spreads, and advanced trading platforms like MetaTrader 4 and MetaTrader 5, Admiral Markets provides the tools necessary for successful trading.

The broker’s additional services, such as copy trading and educational resources, ensure that both beginners and experienced traders can thrive in global markets. Furthermore, their customer support is responsive and available in multiple languages, adding to the overall convenience and reliability of the service.

While some limitations exist, such as leverage restrictions for retail clients and a relatively smaller range of asset classes for CFDs, Admiral Markets continues to deliver an excellent trading environment for users around the world. Overall, it remains a top choice for those seeking a trustworthy, well-rounded trading platform.

Why You Should Trust RationalFX

When it comes to making informed decisions about forex brokers, it's essential to rely on trustworthy sources. RationalFX, a company with over 17 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it's clear that Rational FX has built a reputation for providing reliable and unbiased information.

What sets Rational FX apart is its rigorous evaluation process, which considers over 30 different criteria when selecting forex brokers. This comprehensive approach ensures that every aspect of a broker's service is taken in consideration, including regulation, forex spreads, trading platforms, deposit methods, and reputation. With its wealth of experience, transparent review process, and outstanding customer feedback, Rational FX is a trusted source for anyone seeking reliable information on forex brokers. You can reach us via e-mail at feedback@rationalfx.com or contact us through our social media accounts here: Facebook, YouTube, or leave a feedback here.