Admirals, formerly known as Admiral Markets, is a multi-asset broker offering Forex, CFDs, stocks and ETFs through MetaTrader 4, MetaTrader 5 and its own trading tools. The broker is best suited for traders who want broad market access, familiar MetaTrader infrastructure and regulated European trading conditions.
Min. Deposit
$100
Max Leverage
1:30
Est.
2001
Regulated by
FXJ Score
7.9
/ 10Execution Model
STP
How orders are processed
Segregated Funds
Yes
Client funds held separately
Negative Balance
Protected
You cannot lose more than you deposit
Scalping
Allowed
Short-term high-frequency trading
Regulated European entity under CySEC
FCA-regulated UK entity within the wider group
Access to more than 6,000 instruments
Supports both MetaTrader 4 and MetaTrader 5
Offers CFD trading as well as real stocks and ETFs through Invest.MT5
Negative balance protection for retail clients
Segregated client funds
Multiple account types for different trading styles
Zero accounts available for lower-spread trading
Estonian FSA regulation should no longer be treated as current after the 2026 licence withdrawal
Trading conditions depend on the legal entity and client jurisdiction
No cTrader support
Retail leverage in the EU is limited to 1:30
Inactivity fee applies after a long period without trading activity
Currency conversion fee may apply
Only one withdrawal per month is free; additional withdrawals may be charged
| Symbol | Category | Typical Spread | Min Spread |
|---|---|---|---|
| EUR/USD | Forex | 0.8 pips | 0.5 pips |
| GBP/USD | Forex | 1.0 pips | 0.5 pips |
| USD/JPY | Forex | 1.0 pips | 0.5 pips |
| S&P 500 | Index | 0.6 pips | 0.6 pips |
| XAUUSD | Commodity | 0.4 pips | 0.1 pips |
Typical Spread
0.8 pips
Min Spread
0.5 pips
Typical Spread
1.0 pips
Min Spread
0.5 pips
Typical Spread
1.0 pips
Min Spread
0.5 pips
Typical Spread
0.6 pips
Min Spread
0.6 pips
Typical Spread
0.4 pips
Min Spread
0.1 pips
Trade.MT5
Standard CFD account with spreads from 0.5 pips and no commission on Forex and index CFDs.
Zero.MT5
Low-spread CFD account with spreads from 0.0 pips and commission-based pricing.
Invest.MT5
Investment account for real stocks and ETFs with a lower minimum deposit.
Trade.MT4
Classic MetaTrader 4 CFD account for Forex, indices, commodities and selected CFDs.
Zero.MT4
MetaTrader 4 low-spread account with commission-based pricing.
FX Junction Verdict
Admirals is a strong choice for traders who want broad market access, MetaTrader platforms and regulated European trading conditions. Its main strengths are the wide range of instruments, MT4 and MT5 support, multiple account types and retail client protection. However, users should pay attention to the exact legal entity, possible non-trading fees and the fact that Estonian FSA regulation should not be presented as current after the 2026 licence withdrawal. Overall, Admirals is best suited for active traders and investors who want a flexible multi-asset broker rather than a simple beginner-only platform.