BrokerForexReviews

Admiral Markets — Fees, Spreads & Regulation 2026

EUR/USD 0.1 pips · Min deposit $100 · ECN / Raw Spread · FCA, CySEC, ASIC, FSCA, JSC regulated
FCA 595450CySEC 201/13ASIC 410681FSCA 37699JSC N/A Rank #38 / 100 on cost MT4/MT5
Data verified 2026-09-15 from official regulator registers

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Admiral Markets is a forex and CFD broker founded in 2001, headquartered in Tallinn, Estonia. It is regulated by FCA (licence 595450), CySEC (licence 201/13), ASIC (licence 410681), FSCA (licence 37699), JSC (licence N/A). The EUR/USD spread starts from 0.1 pips on a raw-spread ECN account — the spread is near zero but a commission of approximately $7 per standard lot applies. The minimum deposit is $100. The broker offers 8,000+ tradable instruments. MetaTrader 4 and MetaTrader 5 are available. This page shows verified regulation data, a full trade cost breakdown, and how Admiral Markets compares to 100 other brokers on real trading fees.

Key metrics

$100
Minimum deposit
0.1 pips
EUR/USD spread
ECN / Raw Spread
500:1
Max leverage (forex)
8,000+
Instruments

Regulation & legal entities

Regulator Licence number Legal entity Max leverage Countries
FCA
Tier 1 — Strict
595450 Admirals UK Ltd 30:1 GB
CySEC
Tier 2 — Standard
201/13 Admirals EU Ltd 30:1 CY, DE, FR, ES, IT, NL, PL, AT, BE, PT +18 more
ASIC
Tier 1 — Strict
410681 Admiral Markets Pty Ltd 30:1 AU, NZ
FSCA
Tier 2 — Standard
37699 Admirals SA Pty Ltd 400:1 ZA
JSC
Tier 3 — Offshore
N/A Admirals AS Jordan 500:1 JO, IL, AE, SA, KW, QA, BH, OM, EG, NG +14 more

EUR/USD trade cost breakdown — 1 standard lot

Admiral Markets ranks #38 out of 100 brokers for a standard EUR/USD trade held overnight.
Hold duration Spread cost Commission Swap (est.) Total
Intraday (no overnight)$1.00$7.00$8.00
1 night$1.00$7.00$6.50$14.50
3 nights$1.00$7.00$19.50$27.50
1 week$1.00$7.00$45.50$53.50
1 month$1.00$7.00$195.00$203.00

Swap rates are industry-typical estimates. Actual overnight rates vary per broker and change with interest rates. Commission is estimated from spread profile (ECN / Raw Spread).

How Admiral Markets compares — EUR/USD, 1 lot, 1 night, 100 brokers ranked

Rank Broker Spread Spread $ Commission Swap (est.) Total
1 Pepperstone 0 pips $0.00 $7.00 $6.50 $13.50
2 IC Markets 0 pips $0.00 $7.00 $6.50 $13.50
3 FP Markets 0 pips $0.00 $7.00 $6.50 $13.50
4 Exness 0 pips $0.00 $7.00 $6.50 $13.50
5 Tickmill 0 pips $0.00 $7.00 $6.50 $13.50
6 Eightcap 0 pips $0.00 $7.00 $6.50 $13.50
7 RoboForex 0 pips $0.00 $7.00 $6.50 $13.50
8 LiteFinance 0 pips $0.00 $7.00 $6.50 $13.50
38 Admiral Markets 0.1 pips $1.00 $7.00 $6.50 $14.50

Platforms & account

MT4MT5
MetaTraderMT4 & MT5 available
Copy tradingNo
Real stock ownershipYes
Retail loss rate73% of retail accounts lose money
Inactivity feeEUR10/month after 24 months
HeadquartersTallinn, Estonia
Founded2001

Countries not accepted

USCAIRKPSYCUSDBYRUJPSG

What makes Admiral Markets different

Known drawbacks

Similar brokers to Admiral Markets

Data sourced from official regulator registers (FCA, ASIC, CySEC, MAS and others), verified 2026-09-15. Spread figures are typical/minimum and may differ on live accounts. Trade cost estimates use standard lot sizes and typical industry swap rates. This page does not constitute financial advice. Read full Admiral Markets review →