Admiral Markets Review 2026
Full Admiral Markets review for India traders — regulation, spreads, fees and our honest verdict.
Regulation in India
| Regulator | JSC — Jordan Securities Commission (JSC) |
| Licence Number | N/A |
| Regulated Entity | Admirals AS Jordan |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 8,000+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | Inactivity fee: EUR10/month after 24 months |
Verdict
Regulated by JSC (licence N/A). Minimum deposit $100. In India: maximum forex leverage 1:500.
About Admiral Markets
Admiral Markets was founded in 2001 and is headquartered in Tallinn, Estonia. The broker offers 8,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Admirals AS Jordan under JSC.
In India, Admiral Markets operates as Admirals AS Jordan, authorised by JSC under licence number N/A. India traders are subject to a maximum leverage of 1:500 on forex pairs under JSC rules.
Trading Platforms
Pros
- JSC regulated — licence N/A
- 8,000+ instruments to trade
- Negative balance protection in India
- Platforms: MT4, MT5
- Real stock ownership (not CFD)
Cons
- Inactivity fee: EUR10/month after 24 months
- 73% of retail clients lose money
- CFD trading — you do not own the underlying asset
Key Facts About Admiral Markets
- Rebranded from Admiral Markets in 2021 — operating since 2001, one of older ECN brokers
- MetaTrader Supreme Edition with 60+ extra tools available free to clients
- Invest.MT5 account type allows direct stock and ETF ownership alongside CFDs
Known Limitations
- Complex multi-entity structure — ensure you are under the right regulatory entity for your country
- Higher spreads on entry-level accounts vs raw ECN alternatives
- Research centre content varies by region
Frequently Asked Questions
Is Admiral Markets regulated?
Admiral Markets holds JSC licence N/A, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official JSC public register.
What is the minimum deposit for Admiral Markets in India?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in India under JSC regulation.
What leverage does Admiral Markets offer in India?
In India, Admiral Markets offers maximum forex leverage of 1:500 under JSC rules. Higher leverage may be available through offshore-regulated entities.
Is Admiral Markets safe to trade with?
Admiral Markets is regulated by JSC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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