IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
TickmillAdmirals Review
Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Blain Reinkensmeyer
Steven HatzakisSteven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail CFD accounts lose money. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Traders choose Admirals (formerly Admiral Markets) for its excellent investor education and advanced MetaTrader features — such as the Supreme add-ons — alongside an extensive range of shares, forex, and CFD markets, and premium research content.
-
Minimum Deposit:
$100 -
Trust Score:
93 -
Tradeable Symbols (Total):
8702
| Range of Investments | |
| Commissions & Fees | |
| Platforms & Tools | |
| Research | |
| Mobile Trading | |
| Education |
Check out ForexBrokers.com's picks for the best forex brokers in 2025.
| 2025 | #18 |
| 2024 | #16 |
| 2023 | #18 |
| 2022 | #14 |
| 2020 | #12 |
| 2018 | #19 |
| 2017 | #18 |
Can I open an account with this broker?
Use our country selector tool to view available brokers in your country.
Admirals pros & cons
Pros
- Packed with advanced MetaTrader upgrades and add-ons.
- Offers over 8,700 instruments, including stocks and ETFs.
- Courses and webinars make it ideal for new traders.
Cons
- Social trading features are still early stage.
- Inactivity fees can hit smaller accounts hard.
- Mobile app lacks polish compared to top-tier rivals.
Here are my top takeaways for Admirals in 2025:
- Competitive pricing structures are highlighted by typical EUR/USD spreads around 0.8 pips, even after accounting for commissions on zero-spread accounts.
- Admirals carries indemnity insurance coverage from Lloyd's of London, safeguarding customers up to 100,000 euros each, bolstering trust and security.
- Admirals recently launched fractional investing along with automated, recurring stock and ETF investment features, enriching its multi-asset MT5 offering.
- Admirals acts as the sole liquidity provider (market-maker) for all its group companies, potentially raising conflicts of interest.
- Maximum contract size limitations of 100 lots on the MT5 Trade account can be restrictive for some advanced traders.
Steven's expert take
"Admirals stands out with exceptional risk management tools, including unique volatility protection and premium analytics features such as Trading Central signals, sentiment insights from Acuity Trading, and Dow Jones news, offering genuine value to active traders."
Trust score
Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.
Is Admirals safe?
Admirals is considered Highly Trusted, with an overall Trust Score of 93 out of 99. Admirals is not publicly traded, does not operate a bank, and is authorised by four Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). Admirals is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Learn more about Trust Score.
| Feature |
 Admirals
|
|---|---|
| Year Founded | 2001 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 4 |
| Tier-2 Licenses | 3 |
| Tier-3 Licenses | 0 |
| Tier-4 Licenses | 1 |
Admirals Star Ratings
| Feature |
Admirals
|
|---|---|
| Overall Rating |
|
| Trust Score | 93 |
| Range of Investments |
|
| Commissions & Fees |
|
| Platforms & Tools |
|
| Research |
|
| Mobile Trading |
|
| Education |
|
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
Popular Forex Guides
- Best Forex Brokers for 2025
- Best MetaTrader 4 (MT4) Brokers for 2025
- Best Forex Trading Apps for 2025
- Best TradingView Brokers for 2025
- Compare Forex Brokers
- Best Copy Trading Platforms for 2025
- Best Forex Brokers for Beginners of 2025
- Best Low Spread Forex Brokers for 2025
- International Forex Brokers Search
More Forex Guides
Popular Forex Broker Reviews
About the Editorial Team
Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.