Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Admirals Pros & Cons
- 5,000+ trading assets, with stock assets trading on exchange markets available.
- The company’s proprietary social trading platform (copy trading).
- Relatively tight spreads on most assets.
- The company’s own Supreme Edition plug-in for MT4 and MT5.
- Relatively low initial deposit.
- Restrictions on leverage for retail traders without the “professional” status.
- Withdrawal fee is charged.
TU Expert Verdict
Admirals is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.
Top-5 Brokers Traders Prefer
Admirals User Reviews
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5-star
28%
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4-star
30%
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3-star
34%
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2-star
7%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria6 /10The trading and non-trading commissions of Admirals have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No deposit fee
- Inactivity fee applies
- Withdrawal fee applies
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Is Admirals Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria10 /10Admirals has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Regulated in the UK
- Track record over 19 years
- Strict requirements and extensive documentation to open an account
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.7.1 /10Admirals offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Standard account with balanced trading conditions
- Tight spread ECN account
- Micro lots are not available
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.7 /10Admirals received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria9.8 /10Admirals offers a wider selection of trading assets than the market average, with over 8000 tradable assets available, including 80 currency pairs.
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Trading Account Opening
We successfully registered an account with Admirals in 25 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Admirals is $1.Score:We evaluated Trading Account Opening at Admirals by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.5 /10Admirals received a score of 7.5/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria8 /10 -
Customer Support
Score:We evaluated Customer Support at Admirals by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria6.6 /10
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Admirals Video Guides
FAQs
How are Admirals’ trading commissions and non-trading fees structured?
Admirals has been assessed as having medium overall fees, with low forex trading costs, tight EUR/USD spreads, and no deposit fees. However, the broker charges a $10 monthly inactivity fee and applies a withdrawal fee of 1% or $1, so non-trading costs may affect accounts that are idle or frequently withdrawing funds.
What account types and trading conditions does Admirals provide?
Admirals offers Demo, Standard (Trade.MT4/MT5), ECN/Raw spread (Zero.MT4/MT5), Swap Free, and Invest.MT5 accounts, but does not provide Cent, Micro, VIP, or managed accounts. Spreads on Trade.MT4/MT5 start from 0.6 pips, Zero.MT4/MT5 has zero spreads with commissions from $0.05 to $3 per full lot depending on the asset and volume, and leverage ranges from 1:10 to 1:1000 depending on asset, client status, and jurisdiction.
What do Admirals user reviews and feedback indicate about overall satisfaction levels?
Admirals has a user satisfaction score of 7.6/10 based on 82 reviews, with 28% 5-star, 30% 4-star, 34% 3-star, 7% 2-star, and 0% 1-star ratings, indicating a generally mixed experience. According to user reviews, a significant portion of clients are moderately or highly satisfied, while a notable share report average impressions.
How do traders describe Admirals’ trading platforms and tools in reviews and comments?
The trading platforms and tools at Admirals received a 7.5/10 score, suggesting an average offering that covers essential functionality. The broker supports MT4, MT5, and WebTrader with features such as trading bots (EAs), one-click trading, scalping, alerts, and 2FA, but does not provide TradingView integration, a proprietary platform, or additional tools like Trading Central, API access, or a strategy builder.
What mobile trading features do Admirals apps offer according to user reviews and feedback?
Admirals’ mobile apps for iOS and Android have a section score of 8.01/10, with around 500,000 total downloads, an App Store rating of 4.8, and a Google Play rating of 4.4, indicating generally positive reception. The apps support indicators, mobile alerts, and 2FA, although the review notes that mobile functionality is more limited compared with the desktop platforms.
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