Broker Review · last checked July 2, 2026
Admiral Markets Review
Admiral Markets now operates as Admirals, with regulated entities in Cyprus and Estonia. This review covers verifiable facts: regulation, costs, platforms, funding, and key checks before opening an account.
- Official company and regulatory pages reviewed
- Funding and fee pages checked
- Regulator warning context included
- Reviewed for finance-topic accuracy
Admiral Markets at a glance
Listing status: Eligible With Caution · regulated, cysec, mt5, mt4
Our verdict
Admiral Markets is a well-established, regulated broker group with transparent documentation. That said, regulation doesn’t eliminate risk. Strengths include clear multi-entity disclosure, published fee structures, and a broad platform offering. The main warning is that the brand has changed over time, so it’s essential to verify the website entity, regulator, and funding terms relevant to your location before depositing.
Pros and cons
- regulated entities are openly disclosed
- offers MT4, MT5, and a web platform
- fees are publicly detailed
- deposits are free
- multiple legal entities mean country-specific terms vary
- there’s an FCA clone warning for an unrelated firm impersonating Admiral Markets
- CFDs carry significant risk
- withdrawal rules allow one free request monthly, with fees on additional withdrawals
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| 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. |
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.
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 | Read 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 | Read 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 | Read 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 | Read 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 | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Overview
Admiral Markets is the former name behind the Admirals brand. Public records show 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. Their website lists MetaTrader 4, MetaTrader 5, and a web-based Admirals platform featuring TradingView charts. Fee pages reveal a minimum deposit of 100 EUR, free deposits, and one free withdrawal per month, with subsequent withdrawals subject to method-specific fees.
Safety and regulation
The regulatory page confirms 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 indicators of due diligence don’t eliminate market or counterparty risk, nor replace the need to confirm which entity serves your account. The FCA’s warning about a clone firm named Admiral Markets Ltd signals impersonation attempts, not that the regulated broker is unlicensed.
Fees, account types, and platforms
Public fee information states account opening, maintenance, and electronic statements are free, but inactivity fees may apply after two years without trading on a positive balance. Commissions for share and ETF CFDs are published, with forex and metals commissions from 1.8 to 3.0 USD per lot, depending on monthly volume. Admirals offers MetaTrader 4, MetaTrader 5, and a web platform with TradingView charts and auto-invest features. The minimum deposit is listed as 100 EUR, though this applies as a starting figure rather than a universal rule for all entities or regions.
Deposits and withdrawals
Admirals states deposits are free. The first withdrawal each month is free; subsequent withdrawals may carry fees depending on method and currency. Accepted methods include bank transfer, Visa, Mastercard, Klarna, Skrill, and open banking, but availability varies by entity and region. Some payment processors are regulated externally, but this does not replace verifying the account’s legal entity and local conditions.
Country availability caveat
Don’t assume the brand is globally accessible. Admirals’ legal and funding pages show entity-specific conditions and regional restrictions. Confirm your legal entity, the regulator responsible for your location, platform permissions, and product limitations affecting CFDs, shares, or investment services before opening an account.
Alternatives to consider
If you want regulated brokers compared, look for firms that publish clear entity-level terms, fees, and funding details in one place. A practical approach is to check regulation, platform options, total trading costs, withdrawal fees, and complaint records before choosing. For those focused on verification, our methodology and regulation guides offer consistent comparison tools.
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.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.