Formerly Admiral Markets; Tallinn-based group whose EU business is supervised by Estonia's Finantsinspektsioon.
- Headquarters
Estonia- Founded
- 2001
- Type
- Forex & CFD brokers
- Licences on record
- 6 (3 European)
- EU client entity
- Admirals group entity supervised by Estonia's Finantsinspektsioon
- Platforms
- MetaTrader 4, MetaTrader 5, Own platform
- Products
- Forex, CFDs, Stocks, ETFs
- Website
- admirals.com
Strengths
- EU-headquartered (Tallinn) with over two decades of history
- MetaTrader 4 and 5 with extra tools, plus the Admirals app
- Real shares and ETFs alongside CFDs
- Local-language support across many EU countries
Watch-outs
- Fee structure varies by account type and instrument – read the price list
- Not a listed company
Overview
Admirals, known as Admiral Markets until its 2021 rebrand, was founded in Estonia in 2001. Its EU business is supervised by Estonia's Finantsinspektsioon, and the group holds further licences in the UK, Cyprus, Australia, South Africa and Jordan.
Platforms and products
Admirals is a long-standing MetaTrader specialist, adding its own "Supreme Edition" plug-ins to MT4 and MT5. It also offers its own app, real shares and ETFs, and CFDs on forex, indices, commodities and more.
Protection
As an Estonian-licensed investment firm passported across the EEA, it applies ESMA retail protections; the Estonian scheme covers investor claims if the firm fails.
Our view
A solid EU-based choice for MetaTrader users who also want to invest in real shares. Check which account type suits your trading and the costs of currency conversion.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| Finantsinspektsioon Finantsinspektsioon (Estonian Financial Supervision and Resolution Authority) | Estonia |
EU/EEA – passportable | Regulator website |
| FCA Financial Conduct Authority |  United Kingdom |
UK | Official register |
| CySEC Cyprus Securities and Exchange Commission |  Cyprus |
EU/EEA – passportable | Official register |
| ASIC Australian Securities and Investments Commission |  Australia |
Non-European | Regulator website |
| FSCA Financial Sector Conduct Authority |  South Africa |
Non-European | Regulator website |
| JSC Jordan Securities Commission |  Jordan |
Non-European | Regulator website |
What protection would you get?
If you are a retail client of Admirals's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: At least €20,000 per investor (EU minimum under the Investor Compensation Schemes Directive 97/9/EC; schemes may cover 90% of the claim). – Tagatisfond (Guarantee Fund) (confirm with the scheme)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Consumer Disputes Committee (TTJA)
- Best forex brokers in Estonia
- Investor compensation: Up to £85,000 per person per firm for investments – Financial Services Compensation Scheme (FSCS)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman Service
- Best forex brokers in United Kingdom
- Investor compensation: 90% of the covered claim, capped at €20,000 per investor – Investor Compensation Fund for CIF clients (ICF)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman of the Republic of Cyprus
- Best forex brokers in Cyprus
Verify Admirals yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Supervised in 4 strong jurisdictions | +12 |
| Operating for 25 years | +7 |
| Total | 74/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
No verified experiences yet. Have you used Admirals? Share what happened with deposits, withdrawals, execution and support.
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.
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