scambrokersreview.com| Regulation | FCA (UK), ASIC (Australia), CySEC, FSCA (South Africa) |
| Founded | 2001 |
| Min. Deposit | USD 100 |
| Platforms | MT4, MT5, MetaTrader Supreme Edition |
| Spread From | 0.0 pips (Zero) |
Overview
Admiral Markets, now rebranded as Admirals, is one of the longest-standing retail forex brokers, founded in 2001 and regulated across multiple jurisdictions. It offers a wide range of instruments including stocks, ETFs, and bonds alongside forex and CFDs.
Regulation and Safety
Admirals holds FCA licence 595450, ASIC licence AFSL 410681, CySEC licence 201/13, and FSCA licence 590933. This multi-jurisdiction regulation is a significant trust signal. Client funds are segregated and negative balance protection applies for retail clients under FCA and CySEC regulation.
Trading Conditions
The Trade.MT5 Zero account offers raw spreads from 0.0 pips with commission. Standard Trade.MT4 and Trade.MT5 accounts offer spread-inclusive pricing from 0.5 pips. Admirals also offers an Invest.MT5 account for actual stock ownership, which distinguishes it from pure CFD brokers.
Pros and Cons
- FCA, ASIC and CySEC regulated
- Offers real stock and ETF investing
- Extensive platform via MetaTrader Supreme Edition
- Wide range of educational resources
- Negative balance protection for retail clients
- Withdrawal fees on some payment methods
- Spread markup on standard accounts
- Rebrand from Admiral Markets caused some confusion
- Not the lowest spreads in the ECN category
Verdict
Admirals is a reliable and well-regulated broker suitable for traders who want both CFD trading and genuine stock investing in one platform. The multi-jurisdiction regulation and extensive educational content make it a strong option, particularly for traders in Europe and Australia.
