Admirals offers CFDs and securities investing through Admirals Europe Ltd. Trade.MT5 supplies broad CFD coverage, Zero.MT5 focuses on spread-plus-commission trading, and Invest.MT5 provides shares and ETFs.[6]
US share commission: the minimum changes the small-order economics
| Assumed order size, bought and later sold unchanged | Opening commission | Closing commission | Total commission |
|---|---|---|---|
| 50 shares at USD 100 each | max(50 × USD 0.02, USD 1) = USD 1 | USD 1 | USD 2Source 11 |
| 250 shares at USD 100 each | 250 × USD 0.02 = USD 5 | USD 5 | USD 10Source 11 |
The business began as Admiral Markets in 2001 and launched the Admirals brand in March 2021.[2][1]
European service at a glance
| Measure | Value | Context |
|---|---|---|
| Account company | Admirals Europe Ltd, formerly Admiral Markets Cyprus Ltd; Limassol, Cyprus. | Source 3 |
| Company identifiers | HE310328; CySEC register lists licence 201/13, granted 14 June 2013. | Source 5 |
| Retail CFD leverage | Up to 30:1; Invest.MT5 securities use 1:1 exposure. | Source 8 |
| European access | New-client onboarding restarted in March 2025 after the 2024 pause. | Source 20 |
Account choice and numerical pricing
Sections ↑Principal EU MT5 accounts
| Account | Starting deposit | Currency choices | Product scope |
|---|---|---|---|
| Trade.MT5 | EUR 100 or published local-currency minimum | EUR, USD, CHF, HUF, PLN, RON | 80 FX pairs and stock, index, commodity and crypto CFDs; MT5 overview advertises 2,500+ total.Source 8Source 7 |
| Zero.MT5 | EUR 100 or published local-currency minimum | EUR, USD, CHF, HUF, PLN, RON | 90+ CFDs across FX, metals, cash indices and energies.Source 8Source 7Source 6 |
| Invest.MT5 | EUR 1 / USD 1 / RON5 | EUR, USD, RON in account comparison; MT5 overview omits EUR. | 4,000+ shares and ETFs; securities investing.Source 7Source 8 |
Trade.MT4 and Zero.MT4 remain listed for clients using the older MetaTrader environment. MT5 supports both the trading and investing routes, but the account determines whether an instrument is a leveraged contract or a security. The quoted deposit activates the account; opening a particular trade also requires its applicable margin or purchase value.[7]
European trading-price examples
| Account / asset | Published spread / fee | Charge basis |
|---|---|---|
| Trade.MT4 / Trade.MT5 FX | Spreads from 0.5 pips; no separate FX commission. | Variable spreads; minimum is not a typical realised spread.Source 11 |
| Zero FX / metals; monthly volume up to USD 10m | USD 3 or EUR 2.60 per lot per side. | USD 6 / EUR 5.20 round turn; FX standard lot = 100,000 base-currency units.Source 10 |
| Zero FX / metals; USD 10m–50m / above USD 50m | USD 2.40 / USD 1.80 per lot per side. | EUR equivalents: EUR 2.10 / EUR 1.60; monthly notional-volume tiers.Source 10 |
| US stocks / ETFs and corresponding CFDs | USD 0.02 per share; minimum USD 1. | Each transaction side, on the applicable Invest or Trade account.Source 11 |
| German / French shares and ETFs | 0.10% of trade value; minimum EUR 1. | Per purchase or sale; applicable taxes are additional.Source 11 |
| UK shares and ETFs | 0.10%; minimum GBP 1. | Per purchase or sale; this is a trading commission, not an all-in tax quote.Source 11 |
Platforms, research and account costs
Sections ↑Functions available around the account
| Software | Useful functions | Access condition |
|---|---|---|
| MT5 | 21 chart timeframes, depth of market, MQL5 automation and multi-threaded strategy testing. | CFD accounts use hedging; investing uses netting.Source 8 |
| Admirals Platform / mobile app | Browser or mobile order entry, with TradingView charts in the browser platform. | European Trade.MT5 CFD accounts; separate from a direct TradingView broker connection.Source 6 |
| Supreme Edition | Mini Terminal, Trade Terminal, trading simulator and spread recorder. | Included with Admirals MT4 and MT5 accounts.Source 9 |
| StereoTrader | Advanced order-management tools, including dynamic trailing and OCO orders. | Complimentary monthly access requires EUR 4,000 live-account equity or equivalent.Source 8Source 14 |
| Research Terminal / AnalysisIQ | Acuity news analytics, sentiment, economic and corporate events, and structured trade scenarios. | Core research can be explored by clients; full advanced access requires eligible live equity of EUR 1,000 equivalent.Source 13 |
Holding and non-trading charges
| Charge | European terms | When relevant |
|---|---|---|
| CFD financing | Instrument- and direction-specific overnight swap; hedged positions can also incur it. | Invest.MT5 has no overnight swap.Source 11 |
| Inactivity | EUR 10 monthly after 24 months without transactions. | Positive-balance accounts with no open positions.Source 12 |
| Currency conversion | 0.3%, minimum 0.01 account-currency units. | Different-currency stocks, ETFs and their CFDs: realised P/L, distributions and service charges.Source 12 |
| Transfers between trading accounts | Same currency free; different currencies 1%. | Distinct from the securities transaction conversion charge.Source 12 |
Deposits and withdrawals: EUR examples
| Route / stage | Broker fee | Timing / condition |
|---|---|---|
| Deposits | Bank, Visa/Mastercard, Klarna, Skrill and Brite: free. | Own-name funding required; external provider fees can apply.Source 12 |
| Monthly withdrawal allowance | Payment schedule: one free request per method per month; subsequent EUR bank request EUR 1. | MT5 overview instead describes one overall allowance; the pages differ.Source 12Source 11Source 8 |
| Further card / Skrill withdrawals | 1%, minimum EUR 1; further Brite withdrawals 1%. | The allowance and route-specific terms apply.Source 12 |
| Processing cut-off | Before 18:00 EET: same business day. | Later requests: next business day; bank arrival follows processing.Source 12 |
Service calendar and protection
Sections ↑Service hours and October 2026 exceptions
| Service / instrument | Window or date | Meaning |
|---|---|---|
| Multilingual support | 24 hours a day, five days a week. | Published platform-service support availability.Source 9 |
| Bank-deposit booking | 09:00–18:00 EET, business days. | Credited within one business day of bank receipt.Source 12 |
| Canada60 index CFDs / corresponding futures CFDs | Closed 12 October 2026. | Canadian Thanksgiving exception.Source 15 |
| HSI50 / HSCEI50 CFDs and related futures CFDs | Closed 19 October 2026. | Hong Kong holiday exception.Source 15 |
| Swedish stock CFDs | 30 October 2026: 10:00–14:00 EET as published. | A shortened session; ordinary hours depend on the individual instrument.Source 15 |
| European dealing desk | +357 22 030109 | Order execution only; general English-language contact is +357 22 222046.Source 16 |
European retail client protection
| Arrangement | Published scope |
|---|---|
| Segregation and balance protection | Client money is segregated in EU credit institutions; retail accounts receive negative-balance protection.Source 17 |
| Investor Compensation Fund | Eligible claims against the failed investment firm are subject to a EUR 20,000 client limit and the fund’s conditions.Source 19 |
| Supplementary insolvency insurance | Certificate period: 1 March 2026–28 February 2027. Up to EUR 100,000 per claimant, with EUR 20,000 retention; exclusions and policy conditions apply.Source 18 |
Financial scale and the Estonian restructuring
Sections ↑Company figures with their reporting scope
| Reporting company / period | Measure | Published value |
|---|---|---|
| Admirals Group AS; FY2025 audited | Net trading income / net loss | EUR 17.365m / EUR 18.472m loss; FY2024: EUR 38.409m / EUR 1.592m loss.Source 20 |
| Admirals Group AS; FY2025 | Active clients / year-end equity | 29,455 active clients; EUR 49.700m equity at 31 December 2025.Source 20 |
| Admirals Europe Ltd; 31 December 2025 | Regulatory own funds / requirement | EUR 1.434m / EUR 1.297m; published total capital ratio 110.58%.Source 21 |
| Admiral Markets AS; H1 2026 unaudited | Net trading income / net loss | EUR 2.167m / EUR 2.550m loss; the Estonian company, not consolidated group results.Source 22 |
Admiral Markets AS ended its direct client relationships in January 2026 and continued as an internal liquidity provider for the group. Its voluntary Estonian licence withdrawal became effective on 28 April 2026. Finantsinspektsioon confirmed that European investment services continue through Admirals Europe Ltd, including cross-border service into Estonia. The group attributes part of its 2025 revenue decline to the earlier EU onboarding pause and lower client activity.[22][23][20]
Company background & evidence
Sections ↑- Headquarters
- Selected account company: Limassol, Cyprus; group has Estonian corporate roots.
- Founded
- 2001 as Admiral Markets; Admirals brand launched March 2021
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Admirals Europe Ltd
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Cyprus Securities and Exchange Commission201/13 | Authorised | Checked 9 Oct 2026Approved trade name: Admirals.Source 5Source 4 |
Sources & further reading
- Admiral Markets to Admirals: group history Admirals Group AS · Accessed 9 Oct 2026
- Twentieth anniversary and the Admirals rebrand Admirals Group AS · Accessed 9 Oct 2026
- European regulatory authorisation Admirals Europe Ltd · Accessed 9 Oct 2026
- Current list of approved investment-firm domains Cyprus Securities and Exchange Commission · Accessed 9 Oct 2026
- Cypriot investment-firm register Cyprus Securities and Exchange Commission · Accessed 9 Oct 2026
- European trading accounts and service overview Admirals Europe Ltd · Accessed 9 Oct 2026
- EU account types and balance currencies Admirals Europe Ltd · Accessed 9 Oct 2026
- European MetaTrader 5 account terms and tools Admirals Europe Ltd · Accessed 9 Oct 2026
- European platform comparison and support hours Admirals Europe Ltd · Accessed 9 Oct 2026
- Commission schedules and calculation basis Admirals Europe Ltd · Accessed 9 Oct 2026
- European fees and charges Admirals Europe Ltd · Accessed 9 Oct 2026
- European deposits, withdrawals and payment terms Admirals Europe Ltd · Accessed 9 Oct 2026
- Research Terminal and AnalysisIQ access Admirals Europe Ltd · Accessed 9 Oct 2026
- StereoTrader features and eligibility Admirals Europe Ltd · Accessed 9 Oct 2026
- Trading schedule for October 2026 Admirals Europe Ltd · 29 Sep 2026 · Accessed 9 Oct 2026
- European contacts and central dealing desk Admirals Europe Ltd · Accessed 9 Oct 2026
- Client-money segregation and balance protection Admirals Europe Ltd · Accessed 9 Oct 2026
- Evidence of excess-of-loss cover: 1 March 2026–28 February 2027 Admirals Europe Ltd / Lloyd’s Insurance Company S.A. · Accessed 9 Oct 2026
- Investor Compensation Fund Policy Admirals Europe Ltd · 29 May 2024 · Accessed 9 Oct 2026
- Audited Admirals Group results for 2025 Admirals Group AS via Nasdaq Baltic · 30 Apr 2026 · Accessed 9 Oct 2026
- Admirals Europe: 2025 prudential disclosures, April 2026 Admirals Europe Ltd · Accessed 9 Oct 2026
- Admiral Markets AS: first-half 2026 interim report Admiral Markets AS via Estonian regulated-information store · 28 Aug 2026 · Accessed 9 Oct 2026
- Withdrawal of Admiral Markets AS investment-firm licence Finantsinspektsioon · 6 May 2026 · Accessed 9 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.