Admirals
Admirals (formerly Admiral Markets) is an EU-headquartered broker from Estonia, offering MetaTrader with Supreme Edition tools, real stock investing, and triple regulation.
Last verified: April 2026
Daniel Ferretti
Regulatory Affairs Editor
Key Facts
Min Deposit
€25
EUR/USD Spread
0.0 pips (Zero), 0.5 pips (Trade)
Max Leverage (Retail)
30:1
Commission
$3.00 per lot per side (Zero), None (Trade)
Platforms
MetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition, SteamTrader
Regulators
CySEC, FCA, EFSA
Scores Breakdown
Overall Score
Weighted average across all categories
Pros & Cons
Pros
- EU-headquartered (Estonia) with triple regulation
- MetaTrader Supreme Edition with extra tools
- Low minimum deposit (EUR 25)
- Real stock investing via Invest.MT5
- Strong educational resources
Cons
- Spreads not as tight as IC Markets/Pepperstone
- Only MetaTrader platforms
- Withdrawal fees after 2 free per month
- Brand less recognized globally
Admirals Review 2026
Overview
Admirals (rebranded from Admiral Markets in 2021) stands out as one of the few major forex brokers actually headquartered within the EU, in Tallinn, Estonia. The broker holds licenses from CySEC, FCA, and the Estonian EFSA, providing triple-layered regulatory protection.
The MetaTrader Supreme Edition is Admirals' unique value proposition. This free plugin extends MT4 and MT5 with additional features including mini terminal for quick trade management, sentiment trader indicator, tick chart trader, trade terminal for multi-account management, and more. These tools add genuine value to the standard MetaTrader experience.
Pricing & Fees
The Invest.MT5 account allows real stock and ETF investing (not CFDs) from within MetaTrader, which is unusual. This enables traders to manage both leveraged forex trading and long-term stock investments from one broker.
Pricing is competitive without being best-in-class. The Trade account offers spreads from 0.5 pips with no commission, while the Zero account provides raw spreads from 0.0 pips plus $3.00 per lot per side commission. The EUR 25 minimum deposit makes it accessible.
Platforms & Tools
Local EU payment methods like iDEAL (Netherlands) and Przelewy24 (Poland) show genuine commitment to serving European clients. The educational resources are strong, with the Admirals Trader's Room offering structured courses and daily analysis.
The main limitation is platform variety - Admirals is MetaTrader-only with no cTrader, TradingView, or proprietary platform option.
How to Open an Account with Admirals
Register
Visit admirals.com and fill out the online registration form with your personal details.
Verify Identity
Upload your proof of identity (passport or national ID) and proof of address (utility bill or bank statement) to comply with KYC requirements.
Fund Account
Deposit funds using Bank Transfer, Credit/Debit Card, Skrill, or other supported methods. Minimum deposit is €25.
Start Trading
Choose your preferred platform (MetaTrader 4 or 3 other options), set up your charts, and begin placing trades.
Trading Conditions
| Minimum Deposit | €25 |
| EUR/USD Spread | 0.0 pips (Zero), 0.5 pips (Trade) |
| Commission | $3.00 per lot per side (Zero), None (Trade) |
| Max Leverage (Retail) | 30:1 |
| Max Leverage (Pro) | 500:1 |
| Swap-Free Accounts | Available |
| Platforms | MetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition, SteamTrader |
| Account Types | Trade.MT4, Trade.MT5, Zero.MT4, Zero.MT5, Invest.MT5 |
| Deposit Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, iDEAL, Przelewy24 |
| Withdrawal Fee | Free (2 per month, then EUR 1) |
| Founded | 2001 |
| Headquarters | Tallinn, Estonia |
EU Regulation & Protection
ESMA Compliant
Yes
Negative Balance Protection
Yes
Segregated Client Funds
Yes
Compensation Scheme
ICF up to EUR 20,000
Regulatory Licenses
Admirals FAQ
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CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.