Reviewed by 3 analysts over 6 months
A

Admiral Markets Review 2026

4.3/5 MetaTrader Supreme Edition Broker

23 years of operation. Exclusive MetaTrader Supreme Edition. 8,000+ instruments including real stock investing. FCA, CySEC, and ASIC regulated.

$100 Min Deposit
0.0 pips Spreads From
8,000+ Instruments
2001 Founded
FCA Regulated CySEC Licensed ASIC Licensed Founded 2001
Admiral Markets Review - Updated: February 2026
About

Admiral Markets Overview

Multi-regulated broker with exclusive platform tools and real stock investing

Admiral Markets (now trading as Admirals) is a multi-regulated broker established in 2001 in Tallinn, Estonia. With over 23 years of operating history, they've built a reputation for delivering professional-grade trading tools to retail traders, most notably through their exclusive MetaTrader Supreme Edition.

What truly distinguishes Admiral Markets from competitors is their commitment to trader development. The combination of 8,000+ instruments, industry-leading education, and the Supreme Edition platform tools creates an ecosystem where traders can genuinely improve their skills while accessing institutional-quality features. Regulated by FCA, CySEC, and ASIC, they offer the security expected from a tier-1 regulated broker. Not sure if Admiral Markets is right for you? Try our AI broker matcher to compare options based on your trading style.

Founded 2001
Headquarters Tallinn, Estonia
Regulation FCA, CySEC, ASIC
Rebranded Now trading as Admirals
Min Deposit $100
Max Leverage 1:500 (professional)
Instruments 8,000+
Platforms MT4, MT5, Supreme Edition
Deep Dive Platform Tools, Education & Multi-Asset Ecosystem

After extensively testing Admiral Markets over several months, the MetaTrader Supreme Edition alone provides functionality that typically requires expensive third-party add-ons with other brokers. Tools like the Mini Terminal, Trade Terminal, and Tick Chart Trader transform the trading experience.

Read full analysis

The education advantage is genuine. Unlike many brokers that provide superficial "education" designed to encourage more trading, Admirals offers genuinely valuable content. The Zero to Hero course takes beginners through a structured curriculum, while daily webinars provide ongoing market insights. Premium Analytics powered by Trading Central adds another layer of value for active traders.

The Invest.MT5 account deserves attention. While most retail brokers only offer stock CFDs (derivatives), Admiral Markets allows you to purchase actual shares on 15+ global exchanges. This means real ownership, dividend eligibility, and shareholder rights. For traders wanting to build long-term portfolios alongside active trading, this combination is genuinely useful.

In our assessment, Admiral Markets is ideally suited for traders who value platform tools and education over having the absolute lowest trading costs. Pure scalpers focused exclusively on cost minimisation might find marginally cheaper options. However, for most traders, the added value from Supreme Edition and educational resources easily justifies any small premium.

How to Get Started

1

Create Account

Complete the online application with ID verification. Choose between Trade, Zero, or Invest account types.

2

Fund Account

Deposit $100 minimum via bank transfer, card, Skrill, or Neteller. Bank transfers are free.

3

Start Trading

Access 8,000+ instruments via MT4, MT5, or the exclusive Supreme Edition platform tools.

Why Choose Admiral Markets

Key Strengths

What makes Admiral Markets stand out from the competition

MetaTrader Supreme Edition

Exclusive MT4/MT5 plugin with professional tools unavailable elsewhere. Mini Terminal, Trade Terminal, Tick Chart Trader, and Sentiment Indicator included free.

8,000+ Instruments

Massive trading range including forex, stocks (real and CFDs), indices, commodities, ETFs, and bonds. One of the widest selections from a regulated broker.

Award-Winning Education

Industry-leading education including Zero to Hero course, daily webinars, video tutorials, and Premium Analytics by Trading Central.

Real Stock Investing

Invest.MT5 account allows purchasing actual shares on 15+ global exchanges. Real ownership with dividend eligibility, not just CFD speculation.

Tier-1 Regulation

Licensed by FCA (UK), CySEC (Cyprus), and ASIC (Australia). 23+ years of operation with segregated client funds and negative balance protection.

StereoTrader Platform

Advanced trading panel for professionals with ladder trading, OCO orders, and sophisticated risk management. Available as MT4/MT5 plugin.

Deep Dive Supreme Edition Value, Education Quality & Multi-Asset Ecosystem

The MetaTrader Supreme Edition is not a minor enhancement. The Mini Terminal alone transforms order management with one-click trading, lot size calculation, and instant position adjustments. These tools would typically cost $200-500+ annually from third-party providers.

Read full analysis

Most broker education is designed to encourage trading activity rather than improve trader performance. Admiral Markets' approach differs. The Zero to Hero course provides structured learning from beginner to intermediate level. Daily webinars cover current market conditions with actionable analysis. This represents genuine value rather than marketing disguised as education.

The ability to hold both CFD trading accounts and real stock investment accounts under one broker provides meaningful convenience. A trader can actively trade forex CFDs while building a long-term stock portfolio without managing multiple broker relationships. This unified approach simplifies portfolio management and reporting.

Where Admiral Markets may not lead is raw trading cost. Pure ECN brokers with minimal service offerings may provide marginally lower spreads or commissions. However, for most traders, the Supreme Edition tools, education, and ecosystem value easily offset any small cost difference.

Pricing

Fees & Spreads

Two pricing models: spread-only (Trade) and raw spread + commission (Zero)

Fee Type Cost
EUR/USD (Trade) From 0.5 pips
EUR/USD (Zero) From 0.0 pips
Zero Commission $1.8-$3/lot/side
Trade Commission $0 (spread only)
Stock CFDs From $0.02/share
Real Stocks (Invest) From $0.02/share
Deposit (Bank Transfer) Free
Deposit (Card) 0.9% fee
Inactivity Fee €10/mo after 24 months
Key Difference

Trade vs Zero vs Invest Account Costs

Admiral Markets offers three pricing models suited to different trading styles.

Fee TypeTrade AccountZero AccountInvest Account
EUR/USD SpreadFrom 0.5 pipsFrom 0.0 pipsN/A Zero
Commission$0$1.8-$3/lot/sideFrom $0.02/share Trade
Stock CFDsFrom $0.02/shareFrom $0.02/shareReal stocks Draw
Swap-FreeAvailableAvailableN/A Draw
Best ForCasual tradersActive tradersLong-term investors Depends

All accounts require a $100 minimum deposit. The Invest.MT5 account minimum is $1.

Deep Dive Effective Spread Analysis & Value-Adjusted Cost

Raw spread comparison can be misleading when evaluating Admiral Markets. True trading cost analysis requires considering total value received, not just the narrowest spread.

Read full analysis

On the Zero account, EUR/USD frequently trades at 0.0-0.2 pips with a commission of approximately $6 round-turn per lot. This equates to an effective cost of roughly 0.6-0.8 pips — competitive with dedicated ECN brokers. The Trade account's 0.5+ pip spread with no commission often results in similar effective costs for most traders.

Consider what you receive for the trading costs paid: Supreme Edition tools worth $200-500/year, educational content worth comparable amounts from paid providers, and Premium Analytics subscription. Even if trading costs are marginally higher than the absolute cheapest broker, the value received can easily exceed any difference.

For traders executing fewer than 10 lots per month, the Trade account's simplicity (no commission calculation) provides convenience without meaningful cost disadvantage. For traders executing 20+ lots monthly, the Zero account's raw spreads typically deliver better effective costs. The inactivity fee of €10/month only applies after 24 consecutive months — more generous than many competitors who charge after 12 months.

Trust & Security

Safety & Regulation

Tier-1 regulation across three jurisdictions since 2001

FCA

United Kingdom
License 595450
Tier Tier 1
Protection £85,000 FSCS

CySEC

Cyprus
License 201/13
Tier Tier 1
Protection €20,000 ICF

ASIC

Australia
License 410681
Tier Tier 1
Protection Client money segregation

Segregated Funds

Client money held separately from company operating funds in top-tier banks

Negative Balance Protection

Retail clients cannot lose more than their account balance

Additional Insurance

Supplementary professional indemnity insurance coverage

Secure Platforms

Two-factor authentication and encrypted communications

Deep Dive Multi-Jurisdiction Regulation & 23-Year Track Record

The combination of FCA, CySEC, and ASIC regulation represents a strong regulatory profile. FCA regulation is particularly valuable as the UK Financial Conduct Authority maintains some of the strictest standards globally. With ASIC regulation, they're a strong option for <a href="/australia">Australian traders</a> and <a href="/uk">UK-based traders</a> under FCA oversight.

Read full analysis

The 23+ year operating history without major regulatory sanctions demonstrates consistent compliance. Admiral Markets has maintained profitability through multiple market cycles including the 2015 Swiss franc crisis that bankrupted several competitors. This financial resilience provides additional client protection beyond regulatory requirements.

Segregated accounts mean client funds are legally protected if the broker were to fail. FCA-regulated UK clients benefit from FSCS protection up to £85,000 per person. CySEC provides EU-wide service under MiFID II passporting with Investor Compensation Fund coverage up to €20,000.

Admiral Markets' regulatory profile exceeds most retail forex brokers. Some traders are tempted by offshore brokers offering higher leverage or bonuses, but these typically lack meaningful regulatory protection. The security provided by tier-1 regulation justifies any trade-offs in leverage limits.

Technology

Trading Platforms

MetaTrader 4 & 5 enhanced with exclusive Supreme Edition and StereoTrader

MetaTrader 4

4.5

Industry-standard platform with full EA support and extensive customisation. Enhanced with Supreme Edition tools. Available on desktop, web, and mobile.

  • Expert Advisor (EA) support
  • Custom indicators and scripts
  • One-click trading
  • Hedging enabled

MetaTrader 5

4.5

Next-generation MetaTrader with 21 timeframes, Depth of Market, and required for real stock investing via the Invest.MT5 account.

  • 21 timeframes vs MT4's 9
  • Depth of Market (DOM)
  • Real stock investing
  • Additional order types

StereoTrader

4.0

Advanced trading panel for professional traders requiring sophisticated order management, ladder trading, and risk controls.

  • Ladder trading interface
  • OCO and bracket orders
  • Advanced risk management
  • Automated strategies
Deep Dive Why the Supreme Edition Matters & Mobile Limitations

After using Admiral Markets' Supreme Edition extensively, this is a genuine differentiator rather than marketing fluff. The tools meaningfully improve trading efficiency and execution quality.

Read full analysis

The Mini Terminal transforms order entry. Automatic lot size calculation based on risk percentage eliminates mental math and reduces errors. One-click entries and exits with instant position management make scalping and active trading significantly smoother. Trailing stops with multiple modes (pips, points, ATR) provide flexibility unavailable in standard <a href="/platforms/metatrader-4">MetaTrader 4</a> or <a href="/platforms/metatrader-5">MetaTrader 5</a>.

The Trade Terminal excels when managing multiple positions. Rather than clicking between charts to manage individual trades, you can view and adjust all positions from one panel. For traders running multiple strategies across instruments, this feature alone justifies choosing Admiral Markets.

The Supreme Edition tools are primarily desktop features. Mobile trading uses standard MT4/MT5 apps without the advanced functionality. If you primarily trade from mobile, you won't access Supreme Edition features. This is a limitation for traders who need mobile-first access to advanced tools.

Accounts

Account Types

Five account types covering CFD trading and real stock investing

All CFD accounts share a $100 minimum deposit. Professional clients can access leverage up to 1:500.

Admiral Markets Pros & Cons

Balanced evaluation based on our hands-on review

Pros
  • Pro: MetaTrader Supreme Edition (free for all clients)
  • Pro: Excellent education — Zero to Hero course, daily webinars
  • Pro: 8,000+ instruments including real stock investing
  • Pro: Multi-regulated: FCA, CySEC, ASIC (23+ year track record)
  • Pro: Premium Analytics powered by Trading Central included
  • Pro: StereoTrader advanced trading panel for professionals
  • Pro: Invest.MT5 for actual share ownership and dividends
  • Pro: Swap-free Islamic accounts available
  • Pro: Free VPS hosting for automated trading
  • Pro: 23+ years of operating history since 2001
Cons
  • Con: Complex account structure (5 account types)
  • Con: Higher spreads on standard Trade accounts
  • Con: Inactivity fee (€10/mo after 24 months)
  • Con: Card deposit fees (0.9%)
  • Con: Supreme Edition desktop-only (not on mobile)
  • Con: One free withdrawal per month, fees for subsequent
Common Questions

Admiral Markets FAQ

Is Admiral Markets safe and legitimate?

Yes. Admiral Markets (now Admirals) is a legitimate broker founded in 2001 with over 23 years of operating history. They hold licenses from tier-1 regulators including FCA (UK), CySEC (Cyprus), and ASIC (Australia). Client funds are held in segregated accounts and negative balance protection is provided for retail clients.

What is MetaTrader Supreme Edition?

MetaTrader Supreme Edition is Admiral Markets' exclusive plugin for MT4 and MT5 that adds professional-grade tools not available elsewhere. Features include Mini Terminal, Trade Terminal, Tick Chart Trader, Sentiment Indicator, and more. It's provided free to all Admiral Markets clients.

What is the minimum deposit for Admiral Markets?

Admiral Markets requires a minimum deposit of $100 for most account types including Trade.MT4, Trade.MT5, Zero.MT4, and Zero.MT5. The Invest.MT5 account for real stock investing has a $1 minimum.

Does Admiral Markets offer real stock investing?

Yes. Admiral Markets offers genuine stock investing (not just CFDs) through their Invest.MT5 account. You can buy actual shares from 15+ global exchanges including NYSE, NASDAQ, LSE, and European exchanges with real ownership and dividend eligibility.

What is the difference between Trade and Zero accounts?

Trade accounts have no commission but wider spreads starting from 0.5 pips. Zero accounts have raw spreads from 0.0 pips but charge a commission of approximately $1.8-$3 per lot per side. High-volume traders typically prefer Zero accounts.

Does Admiral Markets charge inactivity fees?

Yes. Admiral Markets charges €10/month inactivity fee after 24 months of no trading activity. This is a longer grace period than many brokers. Simply place at least one trade every two years to avoid the fee.

What educational resources does Admiral Markets offer?

Admiral Markets provides industry-leading education including the Zero to Hero course, daily webinars, video tutorials, articles, and Premium Analytics powered by Trading Central. Educational content is considered among the best in the industry and is free to clients.

How does Admiral Markets compare to other brokers?

Admiral Markets excels in platform tools (Supreme Edition), education, and instrument variety (8,000+). While spreads are competitive, pure ECN brokers may be slightly cheaper. Where Admiral Markets stands out is the value-added features. Compare with AvaTrade, Pepperstone, and IC Markets.

Can I use Expert Advisors (EAs) with Admiral Markets?

Yes. Admiral Markets fully supports automated trading through Expert Advisors on both MT4 and MT5. VPS hosting is available for 24/7 algorithm operation. The Supreme Edition tools complement EA trading with additional management features.

What leverage does Admiral Markets offer?

Admiral Markets offers leverage up to 1:30 for EU/UK retail clients under ESMA regulations. Professional clients can access leverage up to 1:500. International clients outside the EU may access higher leverage depending on their jurisdiction.

Latest update: Admirals rebrand rollout and Supreme Edition 2.0 features (Jan 2026) View all updates
Our Rating

Admiral Markets Verdict

4.3 /5
Overall Rating
Education
4.6
Platforms
4.5
Safety
4.4
Fees
4.2
Research
4.2
Support
4.1

Best For

Education-focused tradersMetaTrader enthusiastsMulti-asset tradersReal stock investingProfessional tools users

Not Ideal For

Pure cost-focused scalpersMobile-only tradersCrypto-focused tradersMaximum leverage seekers

Admiral Markets delivers exceptional value through the MetaTrader Supreme Edition platform tools and industry-leading education. With 8,000+ instruments including real stock investing, tier-1 regulation from FCA, CySEC, and ASIC, and 23 years of operating history, Admirals is a solid choice for traders who value platform quality and educational resources over the absolute lowest trading costs.

Deep Dive Final Assessment: Strengths, Limitations & Value Proposition

After extensive testing and analysis, Admiral Markets earns our recommendation for traders who prioritise platform tools, education, and regulatory security. While not the absolute cheapest option, the value delivered through Supreme Edition tools and educational resources typically exceeds any marginal cost difference.

Read full analysis

Admiral Markets is ideal for intermediate traders ready to develop professional-level skills. The Supreme Edition tools support this development while the education fills knowledge gaps. Traders wanting multi-asset access (forex, stocks, commodities) under one roof will appreciate the comprehensive offering.

Pure cost-focused scalpers executing massive volume might find marginally cheaper options with stripped-down ECN brokers. Mobile-only traders won't access Supreme Edition features. Crypto-focused traders will find the cryptocurrency selection limited compared to dedicated exchanges. Those seeking maximum leverage should consider offshore options (accepting the regulatory trade-offs).

Versus <a href="/brokers/avatrade">AvaTrade</a>: Admiral Markets offers more instruments and superior platform tools; AvaTrade has simpler account structure. Versus <a href="/brokers/pepperstone">Pepperstone</a>: Similar pricing tier with Pepperstone slightly lower costs but fewer educational resources. Versus <a href="/brokers/ic-markets">IC Markets</a>: IC Markets may be marginally cheaper for pure execution; Admiral Markets provides more tools and education. See our full <a href="/brokers">broker comparison index</a> for more side-by-side breakdowns.

Ready to trade with Admiral Markets?

$100 minimum deposit. FCA regulated. MetaTrader Supreme Edition.

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JD

James D. from London

matched with AvaTrade

2 minutes ago