In this guide

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Admiral Markets Forex
CFD service. Your capital is at risk
Minimum Spreads for Major Currencies
1 pips
Available markets
Forex, commodities, indices, stocks, ETFs, bonds, cryptocurrencies
Platforms
MetaTrader 4, MetaTrader 5, Trading View
General information only. All forms of investments (and in particular, trading CFDs, commodities and forex) carry significant risk, including the risk of losing more than the invested amounts, market volatility and liquidity risks. Past performance is no guarantee of future results. Such activities are not suitable for most investors.

Our verdict

An award-winning CFD and forex broker that will appeal to active forex traders

Gold Finder Awards Badge
Finder Awards 2023 winner

Admirals is a forex and CFD broker most known as a trading platform for advanced traders. In fact, Finder's forex awards found it to be the 2023 advanced trader of the year.

Admirals' MetaTrader features, including supreme add-ons and its strong product offering, will suit most serious traders.

But it also has features that those who are less experienced will enjoy. Its strong educational resources, including webinars, online courses, tutorials and ebooks, can help traders learn the markets.

Pros

  • Trade over 5,000 assets.
  • Invest with $0 commissions taken on the first transaction of the day and $0 custody fees – although other trading fees apply.
  • Trade from $1.
  • Strong educational resources.

Cons

  • CFD broker only - no direct asset purchases.
  • CFDs are riskier than other forms of trading so make sure you're aware of the risks before starting to trade.

In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Type of broker Online
Available markets Forex, commodities, indices, stocks, ETFs, bonds, cryptocurrencies
Minimum Spreads for Major Currencies 1 pips
Commission $4
Minimum opening balance €100
Minimum Trade Size 1 lots
Leverage 1:30
Platforms MetaTrader 4, MetaTrader 5, Trading View
Support Phone, email, and livechat
More Info

About Admirals

Admirals is a multinational CFD provider that specialises in forex trading. The broker began in 2001 when former engineer Alexander Tsikhilov started up the trading platform.

Over the last 20 years, the broker has expanded with affiliates and trading licences in Australia, the United Kingdom, Cyprus, South Africa and Jordan. During this period, the company also listed on the Nasdaq Baltics exchange.

In 2021, the company went from Admiral Markets to Admirals and changed the company's logo.

What can I trade?

Admirals offers you the chance to trade CFDs across a variety of asset classes, including the following:

  • Forex
  • Commodities
  • Indices
  • Stocks
  • ETFs
  • Bonds
  • Cryptocurrencies

Key features

Low deposit and fees

A strong feature of Admirals is its low deposit limits and $0 commission trading on the first trade every day. Admirals trading fees are overall low, but you will be charged an inactivity fee.

Simple to use

Once you get the hang of MetaTrader web services, Admirals offers a fairly simple-to-use platform.

It offers custom features, such as being able to change the positioning of tabs, and its search function allows you to group assets into categories.

Mobile trading app

For those looking to take their trading on the go, Admirals allows you to do this through its mobile trading app.

Its mobile trading app is well designed and user-friendly, but it lacks some of the features of traditional trading such as price alerts.

StereoTrader or MetaTrader Supreme edition

This is a scalable interface for both MetaTrader 4 and MetaTrader 5, which is designed for more advanced trading of CFDs, futures and forex markets.

In essence, it's a wider range of research tools in comparison to what the basic platform offers.

Available in multiple languages

Admirals' MetaTrader web trading platform is available in 37 languages.

Account types and fees

AccountTrade.MT5Invest. MT5Zero. MT5Trade.MT4Zero.MT4
Initial minimum deposits$100AUD$1AUD$100 AUD$100 AUD$100 AUD
Minimum forex order size, lots0.01-0.01100200
Spreads from0.5 pips0.0 pips0.0 pips0.5 pips0.0 pips
Commission starts from$0.01 USD$0.02 USD1.8 t0 3.0 USD per lot$0.01 USD1.8 t0 3.0 USD per lot
Leverage up toRetail clients 1:20-Retail clients 1:20Retail clients 1:20Retail clients 1:20
Global stocksYesYesYesYesYes

Is Admirals legit?

Admirals is a global forex and CFD broker starting out in Estonia, with licences in Australia, the United Kingdom, Cyprus and Jordan.

These licences in multiple countries, including a licence from the Australian Securities and Investment Commission (ASIC), mean the broker has to comply with various regulation hurdles

Admirals is a publicly traded company, listed on the Nasdaq Baltic exchange.

Market research

Admirals offers fairly strong market research for its customers.

It can help traders with the following:

  • Fundamental analysis. If you're looking to trade forex, Admirals has a forex calendar that allows you to trade through upcoming events as well as a short explanation of how they have impacted markets in the past.
  • News feed. Traders gain access to global market updates and trading news sites.
  • Charting. Admirals offers a variety of industry-standard tools through its operation of the MetaTrader system.
  • Volatility protection. For traders looking to mitigate risk, Admirals offers key features, such as limiting the maximum price slippage on market and stop orders and limiting losses on pending orders that fall into price gaps.

Support available for customers

With headquarters all over the world, including Sydney Australia, Admirals offers customers 24 hours a day 5 days a week support to its customers.

You can get help in a few ways:

  • Email support
  • Help centre
  • Via phone

How to open an account with Admirals

Signing up with Admirals is a relatively straightforward process:

  1. Send over your email address and verify it.
  2. Complete your application – you'll be asked to provide your basic information including your date of birth, address and tax file number.
  3. Verify your identity and your address.
  4. Add funds to your account.
  5. Start trading.
Important information: Powered by Finder.com.au. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.
This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.

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