Broker Review · last checked July 2, 2026
Admiral Markets Review
Admiral Markets now operates as Admirals. This Admiral Markets Review considers its regulated Cyprus and Estonia entities, published costs, platforms, funding terms and account checks before opening an account.
- Regulators listed: CySEC, Finantsinspektsioon
- Platforms: MetaTrader 4, MetaTrader 5
- 100 EUR
In brief
Our Admiral Markets review verdict
Admiral Markets now operates as Admirals. This Admiral Markets Review considers its regulated Cyprus and Estonia entities, published costs, platforms, funding terms and account checks before opening an account.
- 01Regulators
- CySEC, Finantsinspektsioon
- 02Trading platform
- MetaTrader 4, MetaTrader 5, Admirals web platform, Admirals Mobile app
- 03Entry cost
- 100 EUR
- 04Main limitation
- Not a fit if you want a broker with no clone-warning context
Key facts about Admiral Markets
The legal entity, local rules and available account terms may change with the client's country.
- ✓Admirals Europe Ltd is registered in Cyprus and authorised by CySEC under licence 201/13.
- ✓Admiral Markets AS is incorporated in Estonia and authorised by the Estonian Financial Supervision and Resolution Authority under licence No. 4.1-1/46.
- ✓The products page lists a minimum deposit of 100 EUR.
Who this broker suits
- Traders who want a broker with publicly disclosed EU/EEA legal entities
- Users comparing MetaTrader 4 / MetaTrader 5 availability
- Readers who value clearly published fee and funding pages
- You want a broker with no clone-warning context
- You need a single globally simple legal entity with minimal brand confusion
- You prefer brokers with strong third-party review consensus and we found too few numeric ratings to support one
Key facts table
| Topic | What is publicly disclosed | Caveat |
|---|---|---|
| Minimum deposit | 100 EUR on the products page | Entity and region can affect account-opening requirements. |
| Platforms | MetaTrader 4, MetaTrader 5, Admirals web platform | Feature availability can vary by entity and account type. |
| Deposit fees | Deposits are listed as free | Your bank or processor may add its own charges. |
| Withdrawal fees | One free withdrawal request per month, then method-specific fees may apply | The exact fee depends on currency and payment method. |
| Inactivity fee | 10 EUR per month after 24 months without trading activity on a positive-balance account | Applied only under the conditions listed on the fee page. |
| Forex/metals commission | From 1.8 to 3.0 USD per lot | Varies by monthly volume and instrument. |
Treat this as a public disclosure summary, not a personalised cost quote.
Admiral Markets Review: entity, platform and account terms
Admiral Markets is the former name behind the Admirals brand. Public records identify Admirals Europe Ltd in Cyprus, authorised by CySEC under licence 201/13, and Admiral Markets AS in Estonia, regulated by Finantsinspektsioon under licence No. 4.1-1/46. The website lists MetaTrader 4, MetaTrader 5 and a web-based Admirals platform with TradingView charts. Its fee pages state a 100 EUR minimum deposit, free deposits and one free withdrawal each month; later withdrawals carry method-specific fees.
What the published record indicates about Admirals
Admiral Markets is an established regulated broker group with transparent documentation, although regulation does not eliminate risk. Its multi-entity disclosures, published fee structures and broad platform range stand out. As the brand has changed over time, prospective clients should check which website entity, regulator and funding terms apply in their location before depositing.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Details |
|---|---|---|---|
| Admirals Europe Ltd | Authorised investment firm | CySEC public register | CySEC licence 201/13; Cypriot firm reg. no. 310328; official legal pages confirm authorisation. |
| Admiral Markets AS | Authorised investment firm | Estonian FSA register | Official disclosure states EFSRA/Finantsinspektsioon authorisation; licence 4.1-1/46; reg. code 10932555. |
| Admiral Markets Ltd (Clone Warning) | Unauthorised — Fca Clone Warning | Fca Warning List | FCA warning published 8 Mar 2017 for clone of FCA-authorised firm. Not a licence confirmation. |
| Admirals website | Broker website / support centre | Official website | admiralmarkets.com; official regulatory and legal pages reviewed for entity verification. |
Match the exact legal entity on your account documents before funding.
Admiral Markets entities and the monthly withdrawal condition
The group discloses its regulated entities, offers MT4, MT5 and a web platform, publishes fees, and states that deposits are free. Terms can nevertheless vary by country because multiple legal entities are involved. An FCA clone warning concerns an unrelated firm impersonating Admiral Markets. CFDs carry significant risk, and the withdrawal policy allows one free request per month while applying fees to additional withdrawals.
CySEC and Estonian authorisation of Admirals entities
The regulatory page says Admirals Europe Ltd is registered in Cyprus and regulated by CySEC under licence 201/13. Separately, Admiral Markets AS is registered in Estonia and authorised by the Estonian Financial Supervision and Resolution Authority under licence No. 4.1-1/46. Admirals also publishes client-fund and risk disclosures. These support due diligence but do not remove market or counterparty risk, or replace confirmation of the entity serving an account. The FCA warning concerning a clone firm called Admiral Markets Ltd points to impersonation attempts rather than the regulated broker being unlicensed.
Admirals costs across MetaTrader and its web platform
Published fee information states that account opening, maintenance and electronic statements are free. Inactivity fees may apply after two years without trading on a positive balance. Commissions for share and ETF CFDs are published, while forex and metals commissions start from 1.8 to 3.0 USD per lot according to monthly volume. Admirals provides MetaTrader 4, MetaTrader 5 and a web platform with TradingView charts and auto-invest features. The listed minimum deposit is 100 EUR, although this is a starting figure rather than a universal rule for every entity or region.
Admirals payment methods and withdrawal verification
Admirals states that deposits are free. The first withdrawal each month is free, while later withdrawals may incur fees depending on the method and currency. Available methods include bank transfer, Visa, Mastercard, Klarna, Skrill and open banking, but availability differs by entity and region. External regulation of some payment processors does not remove the need to verify the account’s legal entity and local conditions.
Where Admiral Markets availability can differ
The brand should not be assumed to be globally available. Admirals’ legal and funding pages set out entity-specific conditions and regional restrictions. Before opening an account, confirm the legal entity, the regulator responsible for your location, platform permissions and product limitations for CFDs, shares or investment services.
Comparing brokers with entity-level published terms
When comparing regulated brokers, give priority to firms that set out entity-level terms, fees and funding details in one place. Regulation, platform choice, total trading costs, withdrawal fees and complaint records offer a practical comparison basis. For readers focused on verification, our methodology and regulation guides provide consistent comparison tools.
Alternatives to Admiral Markets
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | XTB review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Capital.com review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Colmex Pro review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | CMC Markets review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Interactive Brokers review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Common questions
Is Admiral Markets safe?
No broker is without risk. The presence of regulated entities and client-money disclosures is reassuring, but CFD trading remains risky. You must verify the exact entity and protections applying in your jurisdiction.
Is Admiral Markets the same as Admirals?
Yes. The current brand is Admirals, with some public pages referencing the former name Admiral Markets Cyprus Ltd.
What is the minimum deposit at Admiral Markets?
The minimum deposit is listed as 100 EUR. Always check if your entity, country, or account type has a different requirement.
Which platforms does Admiral Markets offer?
Their website lists MetaTrader 4, MetaTrader 5, and a browser-based Admirals platform with TradingView charts.
Does Admiral Markets charge withdrawal fees?
One withdrawal per month is free; additional withdrawals may incur fees depending on the method and currency.
Are deposits free?
Deposits are free according to Admirals, though your bank or payment provider might charge separately.
Why is there an FCA warning page mentioning Admiral Markets?
The FCA warning concerns a clone firm using the Admiral Markets name. It warns about impersonation, not that the regulated broker is banned or unlicensed.
Sources for this broker review
Use these records to recheck the legal entity, account terms and current product details before opening an account.