Overview
Admirals (formerly Admiral Markets) was founded in 2001 in Tallinn, Estonia and is one of Europe's most established retail brokers. Regulated by FCA, CySEC, ASIC, EFSA, and JSC, Admirals offers access to over 8,000 instruments including forex, stocks, indices, ETFs, bonds, and cryptocurrencies. The broker is particularly known for its MetaTrader Supreme Edition plugin, which adds advanced analytical tools to MT4 and MT5, and its comprehensive educational programme.
Pros
- MetaTrader Supreme Edition: Free proprietary MT4/MT5 plugin with 60+ extra features
- Broad asset range: 8,000+ instruments including real stocks, ETFs, and bonds
- Strong regulation: FCA, CySEC, ASIC, EFSA, and JSC all-around regulation
- Excellent education: Detailed courses, webinars, and Zero to Hero forex programme
- Commission-free investing: Real stock and ETF investing via Admirals Invest
Cons
- Higher minimum on professional accounts: Admiral Markets Zero requires $100 minimum
- MT-only trading: No cTrader or TradingView support — relies entirely on MT4/MT5
- Variable execution: Some traders report occasional slippage on exotic pairs
- Commission on Zero account: $3.00/side on the raw spread account
- Less popular than top-tier competitors: Lower brand recognition globally
Spreads & Fees
| Account Type | EUR/USD Spread | Commission | All-In Cost |
|---|---|---|---|
| Trade.MT4/5 | Avg 0.50 pips | None (some instruments) | ~0.50 pips |
| Zero.MT4/5 | From 0.0 pips | $3.00/side | ~0.60 pips |
| Invest.MT5 | Market spread | Commission-based | Varies |
Overnight (Swap) Fees: Standard rates; Islamic accounts available.
Withdrawal Fees: Free for most methods; minimum $1 withdrawal.
Inactivity Fee: €10/month after 24 months of inactivity.