Admirals (Admiral Markets) — where it wins, where it loses
Admirals (Admiral Markets) wins on headline spread, platform choice. No column in our set puts it behind the field. Priced across ten round-turn EUR/USD lots it comes 7 of 39 in this field.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- headline spread
- platform choice
Loses on
No column in this set puts Admirals (Admiral Markets) behind the field.
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FCA | 595450 | UK | Tier 1 | Admiral Markets UK Ltd | register.fca.org.uk |
| CySEC | 201/13 | Cyprus | Tier 2 | Admirals Europe Ltd | admiralmarkets.com |
| Estonian Financial Supervision Authority (EFSA) | Estonia | Tier 2no longer active | Admiral Markets AS | admirals.group |
Checkable
Facts the comparison runs on
On the record
- The group operates under the Admirals brand, having rebranded from Admiral Markets.
- Admiral Markets UK Ltd is authorised by the FCA under firm reference number 595450.
- Admirals Europe Ltd holds CySEC CIF licence number 201/13.
- The group is headquartered in Tallinn, Estonia.
- Finantsinspektsioon (the Estonian Financial Supervision and Resolution Authority) withdrew the investment firm licence of Admiral Markets AS on 27 April 2026 following an application from the company itself; the regulator states Admiral Markets AS has terminated its client relationships and that investment services continue to be provided in Europe under the Admiral Markets brand through Admirals Europe Ltd, which operates in Cyprus (https://www.fi.ee/en/news/finantsinspektsioon-has-withdrawn-licence-investment-firm-admiral-markets).
| Trading since | 2001 |
|---|---|
| Base | Tallinn, Estonia |
| Minimum to open | $100 |
| Leverage cap | 1:30 (UK/EU retail) |
| EUR/USD | 0.50 pips |
| Terminals | MT4, MT5, MetaTrader WebTrader, Admirals proprietary platform, Mobile app |
| Account tiers | Trade.MT5, Zero.MT5, Trade.MT4, Zero.MT4, Invest.MT5, Demo |
| Markets | Forex, Indices, Commodities, Shares, ETFs, Bonds, Cryptocurrency CFDs (selected regions) |
| Record confidence | medium |
| Matchup-ready | yes — enough public cost data to run a head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- Founding year — sources give both 2001 and 26 February 2003 (Estonian incorporation)
- EFSA licence number
- Minimum deposit varies by entity and account type
- EUR/USD spread figure is a marketing 'from' value
- public listing status
Costs less
Who beats Admirals (Admiral Markets) on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.