Admirals (Admiral Markets) Overall rating
| Rating | Weight | |
| User Rating |
4.5 (8 reviews)
 |
3 |
| Popularity |
3.9
|
3 |
| Regulation |
5.0
|
2 |
| Pricing rating |
5.0
|
1 |
| Features |
Not rated
|
1 |
| Customer Support |
Not rated
|
1 |
Pros
- Well-established broker since 2001
- Regulated by multiple top-tier authorities
- High user rating of 4.4 out of 5
- Popularity rating of 4.0 out of 5
- Segregated client funds and negative balance protection
- Offers MetaTrader 4 and 5 platforms
Cons
- Not licensed as a bank
- No publicly available financials
- Higher average crypto spread compared to some competitors
We tested Admirals using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it.
We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.
Trustworthiness & Regulation
Admirals is a well-established broker founded in 2001 and is regulated by several top-tier regulatory authorities including CY CySEC, AU ASIC, UK FCA, and also SC FSA and JO JSC. Admirals is rated 4.4 out of 5 by users, with 6 out of 7 reviews from users with verified real trading accounts.
It ranks 21st based on user ratings and 13th based on our expert's rating out of 827 forex brokers listed on our website. Admirals receives 736,580 organic monthly visits, ranking 32nd for organic traffic. Although Admirals is privately owned and does not provide its financials publicly, it maintains a strong reputation for trustworthiness and popularity.
| Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
|---|---|---|---|---|---|---|
| Admiral Markets Pty Ltd |
|
 |
|
|
30 : 1 | |
| Admiral Markets Cyprus Ltd |
|
up to €20,000
|
|
|
30 : 1 | |
| Admiral Markets UK Ltd |
|
up to £85,000
|
|
|
30 : 1 | |
| Admirals SC Ltd |
|
|
|
|
1000 : 1 | |
| Admiral Markets AS Jordan Ltd |
|
|
|
|
500 : 1 |
Deposit Insurance
Admirals provides deposit insurance under the regulatory frameworks of its various entities. For example, clients under Admiral Markets Cyprus Ltd and Admiral Markets UK Ltd are covered by a deposit compensation scheme that compensates investors if the firm fails.
This protection enhances the security of client funds, ensuring that client money is segregated from the company's operating capital. This level of investor protection is crucial in maintaining trust and stability in the financial markets.
Spreads and Costs
Admirals has competitive average spreads and costs compared to some of the market-leading brokers. For forex, the average spread is 4.57 pips (commission free), which is relatively higher than brokers like Axi and IC Markets. However, Admirals offers a low average spread of 0.27 for commodities, making it attractive for traders in this asset class.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
| Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
|---|---|---|---|---|
| Admirals – Trade | - | 4.57 | - | 0.27 |
| Axi – Pro | 13.88 | 1.19 | 1.55 | 0.09 |
| IC Markets – Raw | 9.05 | 1.52 | 1.38 | 0.09 |
| FBS – Standard | 21.31 | 2.03 | - | 0.17 |
| RoboForex – ECN | - | 1.34 | - | 0.07 |
| Vantage Markets – Raw ECN | 8.63 | 2.05 | - | 0.10 |
| ThinkMarkets – ThinkZero | 17.08 | 1.73 | 1.83 | 0.14 |
Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.
Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool.
A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types. Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost.
Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments. Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.
Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers
| Broker - Account Type | BTCUSD | ETHUSD | EURUSD | USDJPY | GBPJPY | EURGBP | AUDNZD | CADCHF | AUS200 | US30 | XAUUSD | XAGUSD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Admirals – Trade | - | - | 2.68 | 8.93 | 5.03 | 2.16 | 7.06 | 6.56 | 2.28 | - | 0.50 | 0.04 |
| Axi – Pro | 25.47 | 2.30 | 0.54 | 1.15 | 1.83 | 0.72 | 1.43 | 1.47 | 1.10 | 2.00 | 0.16 | 0.02 |
| IC Markets – Raw | 15.10 | 3.00 | 0.80 | 1.45 | 2.28 | 0.98 | 2.43 | 1.20 | 1.85 | 0.90 | 0.15 | 0.03 |
| FBS – Standard | 40.80 | 1.81 | 1.24 | 1.90 | 2.80 | 1.69 | 2.51 | 2.05 | - | 5.32 | 0.30 | 0.03 |
| RoboForex – ECN | - | - | 0.69 | 1.17 | 1.98 | 0.82 | 2.17 | 1.32 | - | 1.69 | 0.13 | 0.01 |
| Vantage Markets – Raw ECN | 14.64 | 2.61 | 0.94 | 1.53 | 2.07 | 0.83 | 2.32 | 0.82 | - | - | 0.14 | 0.03 |
| ThinkMarkets – ThinkZero | 32.72 | 1.44 | 0.80 | 1.25 | 2.42 | 1.34 | 2.92 | 1.65 | 2.23 | 1.43 | 0.25 | 0.03 |
Swap Rates/Financing Fees
Swap fees, also known as financing fees, are charges for holding a trading position overnight. Positive swap rates pay out interest, while negative swap rates cost money. Admirals' swap rates are in-line with the industry average.
| Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
|---|---|---|---|---|---|---|---|---|
| Admirals | - | -5.93 | - | - | - | - | 1.43 | -31.59 |
| Axi | Best | -1.57 | -0.04 | -0.13 | -2.65 | 1.40 | 20.00 | -28.00 |
| IC Markets | - | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
| FBS | - | -4.38 | -0.14 | -0.06 | -2.87 | 0.63 | 6.05 | -29.90 |
| RoboForex | - | -5.81 | -0.23 | -0.30 | -3.56 | 1.22 | -3.00 | -29.00 |
| Vantage Markets | - | -2.34 | -0.19 | -0.25 | -2.72 | 1.03 | 18.90 | -30.80 |
| ThinkMarkets | - | -3.27 | -0.14 | -0.14 | -2.61 | 1.08 | 19.57 | -37.37 |
Admirals Islamic/Swap-free Accounts
Islamic or swap-free accounts are designed for traders who cannot receive or pay interest due to religious reasons. Admirals offers swap-free Islamic accounts.
To open an Islamic account, traders need to apply and meet certain criteria set by the broker. These accounts do not incur swap charges, ensuring compliance with Sharia law. For more details, visit Admirals' official website.
Other Fees
In addition to spreads and swap rates, Admirals charges other fees such as withdrawal fees and inactivity fees. The withdrawal fee can vary depending on the method used, and inactivity fees are charged to accounts that remain dormant for a certain period.
It is advisable to check the broker's website or customer support for the most current fee structure.
| Fee Type | Amount |
|---|---|
| Withdrawal Fee | Varies by method |
| Inactivity Fee | Charged after 12 months of inactivity |
Comparison to other Brokers
Admirals stands out due to its long history and strong regulatory oversight. It offers competitive spreads and a wide range of tradable instruments, which make it an attractive choice for many traders.
When compared to other brokers like IC Markets, Axi, and RoboForex, Admirals' forex spreads are higher on average, but it excels in commodities spreads. Additionally, its swap rates are generally in line with industry averages.
Admirals' popularity and user ratings are strong indicators of its reliability and trustworthiness in the forex industry. However, brokers like IC Markets and Axi may offer lower costs for certain asset classes, making them competitive alternatives depending on the trader's specific needs.
Trading Platforms - Mobile, Desktop, Automated
| Platform | Mobile | Automated Trading | Programming Language | Ease of Learnability |
|---|---|---|---|---|
| MetaTrader 4 | Yes | Yes | MQL4 | Moderate |
| MetaTrader 5 | Yes | Yes | MQL5 | Moderate |
| Admirals App | Yes | No | N/A | N/A |
Admirals offers MetaTrader 4 and MetaTrader 5 platforms for desktop, mobile, and web, providing flexibility for traders to access their accounts from various devices.
Both platforms support automated trading, with MetaTrader 4 using the MQL4 language and MetaTrader 5 using MQL5. These languages are designed specifically for trading, with MQL5 offering more advanced features and capabilities.
Additionally, the Admirals App is available for mobile and web use, offering a user-friendly interface but without support for automated trading.
Trading Instruments
| Asset Class | Number of Instruments |
|---|---|
| Forex CFD | 82 |
| Crypto CFD | 28 |
| Stock CFD | 3354 |
| Stock Index CFD | 42 |
| Commodities CFD | 29 |
| ETFs | 361 |
| Bond CFD | 2 |
| Futures CFD | - |
Admirals offers a diverse range of tradable instruments, including over 50+ forex pairs, 20+ crypto CFDs, 3,300+ stock CFDs, 20+ stock index CFDs, 360+ ETFs and 29 commodities CFDs. Although futures CFDs are not available, the extensive range of other instruments makes Admirals a versatile broker for different trading strategies.
Trading CFDs means speculating on the price movement of these assets without owning the underlying asset, which can provide opportunities for leverage but also involves higher risk. For more details on available instruments, visit Admirals' official website.
Available Leverage
Admirals offers varying leverage levels depending on the regulatory entity and the type of instrument. Retail clients can access up to 30:1 leverage under CY CySEC, AU ASIC, and UK FCA regulations, while JO JSC allows for higher leverage up to 500:1 and the SC FSA up to 1000:1. It is important to note that higher leverage increases both potential profit and risk, and traders should use it cautiously.
Prohibited Countries
Admirals cannot open client accounts for residents of certain countries due to regulatory restrictions. These countries include the United States, Canada, Japan, and others where local regulations prohibit the offering of leveraged trading. It is advisable to check Admirals' official website or contact their support team for a complete list of restricted countries.
Admirals (Admiral Markets) Account types
| Trade.MT4 | Zero.MT4 | Trade.MT5 | Zero.MT5 | |
| Commission | - | $3.00 Per Side Per Lot | - | $3.00 Per Side Per Lot |
| Maximum leverage | 1000:1 | |||
| Mobile Platform | MT4 Mobile, Admiral Markets App | MT5 Mobile, Admiral Markets App | ||
| Trading platform | MT4, WebTrader | MT5, WebTrader | ||
| Spread Type | Variable Spread | |||
| Minimum Deposit | 100 | |||
| Minimum Trade Size | 0.01 | |||
| Trailing Stops | | |||
| Scalping Allowed | | |||
| Hedging Allowed | | |||
| Islamic Accounts | - | | - | |
| Trade.MT4 | |
| Maximum leverage | 1000:1 |
| Typical Spread | 0.8 |
| Trading platform | MT4WebTrader |
| Mobile platform | MT4 MobileAdmiral Markets App |
| Spread type | Variable Spread |
| Minimum deposit | 100 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Zero.MT4 | |
| Commission | $3.00 Per Side Per Lot |
| Maximum leverage | 1000:1 |
| Typical Spread | 0.1 |
| Trading platform | MT4WebTrader |
| Mobile platform | MT4 MobileAdmiral Markets App |
| Spread type | Variable Spread |
| Minimum deposit | 100 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Trade.MT5 | |
| Maximum leverage | 1000:1 |
| Typical Spread | 0.8 |
| Trading platform | MT5WebTrader |
| Mobile platform | MT5 MobileAdmiral Markets App |
| Spread type | Variable Spread |
| Minimum deposit | 100 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
| Islamic Accounts |
|
| Zero.MT5 | |
| Commission | $3.00 Per Side Per Lot |
| Maximum leverage | 1000:1 |
| Typical Spread | 0.1 |
| Trading platform | MT5WebTrader |
| Mobile platform | MT5 MobileAdmiral Markets App |
| Spread type | Variable Spread |
| Minimum deposit | 100 |
| Minimum Trade Size | 0.01 |
| Trailing Stops | |
| Scalping Allowed | |
| Hedging Allowed | |
Admirals (Admiral Markets) Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
| Websites |
cabinet.a-partnership.com
admiralmarkets.com
admirals.com
partners.admiralmarkets.com
|
| Organic monthly visits | 686,561 (99%) |
| Organic traffic rank | 38 out of 943 (Forex Brokers) |
| Paid monthly visits | 3,463 (1%) |
| Total monthly visits | 690,024 |
| Bounce rate | 0% |
| Pages per visit | 0.00 |
| Average visit duration | 00:00:00 |
Admirals (Admiral Markets) Profile
| Company Name | Admiral Markets Pty Ltd |
| Categories | Forex Brokers, Forex Rebates |
| Primary Category | Forex Brokers |
| Year Founded | 2001 |
| Headquarters | Estonia |
| Office Locations | Belarus, Cyprus, Germany, Estonia, United Kingdom |
| Account Currency | AUD, CHF, EUR, GBP, HUF, PLN, SGD, USD, BGN, RON, CZK, MXN, BRL, CLP |
| Support Languages | Arabic, Bulgarian, Chinese, English, Dutch, French, German, Hindi, Hungarian, Indonesian, Italian, Korean, Polish, Portuguese, Romanian, Russian, Spanish, Bengali, Czech, Estonian, Latvian, Slovenian, Croatian, Khmer |
| Funding Methods | AstroPay, Bank Wire, Bitcoin, Credit/Debit Card, iDeal, Neteller, PayPal, POLi, Przelewy24, Skrill, Boleto Bancario, Trustly, Rapid Transfer, Klarna, MBWay |
| Financial Instruments | Futures, Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...) |
| Prohibited Countries | Iran, United States |
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Admirals (Admiral Markets) User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
We display the reviews we reject as spam or vote fraud. Not all rejected reviews are displayed, for example reviews advertising a website or service.
Admirals (Admiral Markets) Cashback rebates
EU residents are not able to register with Admirals
| Trade.MT4 | Zero.MT4 | Trade.MT5 | Zero.MT5 | |
| Forex | 18.75% Of The Spread | 18.75% Of Commissions Paid | 18.75% Of The Spread | 18.75% Of Commissions Paid |
| Oil / Energies | 18.75% Of The Spread | 18.75% Of Commissions Paid | 18.75% Of The Spread | 18.75% Of Commissions Paid |
| Metals | 18.75% Of The Spread | 18.75% Of Commissions Paid | 18.75% Of The Spread | 18.75% Of Commissions Paid |
| Indices | 18.75% Of The Spread | 18.75% Of Commissions Paid | 18.75% Of The Spread | 18.75% Of Commissions Paid |
| Payment Options |
Monthly Cash Back
| |||
| Trade.MT4 | |
| Forex | 18.75% Of The Spread |
| Oil / Energies | 18.75% Of The Spread |
| Metals | 18.75% Of The Spread |
| Indices | 18.75% Of The Spread |
| Payment Options |
Monthly Cash Back
|
| Zero.MT4 | |
| Forex | 18.75% Of Commissions Paid |
| Oil / Energies | 18.75% Of Commissions Paid |
| Metals | 18.75% Of Commissions Paid |
| Indices | 18.75% Of Commissions Paid |
| Payment Options |
Monthly Cash Back
|
| Trade.MT5 | |
| Forex | 18.75% Of The Spread |
| Oil / Energies | 18.75% Of The Spread |
| Metals | 18.75% Of The Spread |
| Indices | 18.75% Of The Spread |
| Payment Options |
Monthly Cash Back
|
| Zero.MT5 | |
| Forex | 18.75% Of Commissions Paid |
| Oil / Energies | 18.75% Of Commissions Paid |
| Metals | 18.75% Of Commissions Paid |
| Indices | 18.75% Of Commissions Paid |
| Payment Options |
Monthly Cash Back
|
Notes
- Residents of Hong Kong
- Accounts registered with:UK FCA, CySec,ASIC entities
- Trades opened less than 3 minutes for Trade.MT4 and Trade.MT5
- Invest.MT5 accounts
What are Admirals (Admiral Markets) rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do Admirals (Admiral Markets) rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much Admirals (Admiral Markets) rebates can I earn?
Admirals (Admiral Markets) Regulation / Money Protection
| Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
|---|---|---|---|---|---|---|
| Admiral Markets Pty Ltd |
|
|
|
|
30 : 1 | |
| Admiral Markets Cyprus Ltd |
|
up to €20,000
|
|
|
30 : 1 | |
| Admiral Markets UK Ltd |
|
up to £85,000
|
|
|
30 : 1 | |
| Admirals SC Ltd |
|
|
|
|
1000 : 1 | |
| Admiral Markets AS Jordan Ltd |
|
|
|
|
500 : 1 |
Admirals (Admiral Markets) Promotions
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