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Costs, platforms and protection first

Admirals

Seychelles · Admirals SC Ltd

Costs
Zero FX/metals: USD3 per lot per side up to USD10 million monthly volume; subsequent tiers USD2.40 / USD1.80.
Platforms
MT4/MT5; check fees and products by account type.
Client protection
Client money held in trust accounts separate from company funds.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Tiers: USD10–50 million, then over USD50 million monthly volume. Non-USD accounts convert at trade-time rates. MT5 collection timing conflicts: account overview says month-end, calculation page says opening. Applies only to the selected Seychelles entity documents.

Admirals SC — Zero FX/metals monthly-volume table / USD conversion ↗ · 2026-09-30Admirals SC account table — note 3, MT5 timing ↗ · 2026-09-30
PlatformsAccount types — platform scope ↗ · 2026-09-29
Client protection

Private insurance has eligibility/exclusions and does not cover trading losses.

Segregation of client funds ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

Admirals

  • Active coverage
Brand overview and official site

Admirals operates through 3 legal entities recorded in the current FXVeritas research file across Cyprus, United Kingdom, and Seychelles.

Check your entityCompare with other brokers
Visit official website
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

Research summary

Full research file

From the full research file on record.

The catalog-applicable comparison scope is narrower, so its counts can be lower. Neither figure contradicts the other.

Research confidence

High

Research completeness/source coverage; not broker safety or suitability.

Licence verification

2 regulator-registers confirmed

3 licences recorded

Primary sources

8

Research file review

Aug 23, 2026

Latest source check

Outstanding issues

Researched by FXVeritas Research Desk · Evidence standard: Primary-source verification · Research evidence methodology · Editorial independence · Corrections policy

Research notes

Editorial summary from the research file. Recorded answers follow below.

Admirals is a brand used by several companies. Catalog previously stored only Admirals Europe Ltd CySEC 201/13 plus generic ICF. www.admirals.com is a CySEC approved domain for that CIF, but the brand also operates a Seychelles dealer and a UK FCA firm.

Admirals Europe Ltd (previously Admiral Markets Cyprus Ltd; CySEC card also shows Admiralex Ltd) is CySEC 201/13, company HE310328. Opened Europe TCs: retail NBP, CySEC-law segregation, ICF up to €20,000. Do not copy that ICF onto Seychelles or UK.

Legal entities & current licences

Brand is not a licence. Each legal entity is listed with the current licence record(s) isolated for that entity.

Admirals

Admirals Europe Ltd

Jurisdiction
CY
Company number
HE310328
Registered office
Agias Zonis 63, 3090 Limassol, Cyprus
Status
Previous names Admiral Markets Cyprus Ltd and Admiralex Ltd on the CySEC card / Europe TCs
Role
CySEC CIF; approved domains include www.admirals.com and www.admiralmarkets.com.cy
Parent
Not recorded

Current licence evidence

CySEC · 201/13

Regulator verified
Regulator
CySEC
Licence number
201/13
Status
verified on catalog CySEC CIF page
Permissions
Not recorded
Issue date
2013-06-14
Checked
Aug 23, 2026

Research-file sourceCySEC register

Admiral Markets UK Ltd

Jurisdiction
GB
Company number
Not recorded
Registered office
Not recorded
Status
Not recorded
Role
UK FCA firm named on the group regulation page and UK KID
Parent
Not recorded

FCA · 595450

Regulator verified
Regulator
FCA
Licence number
595450
Status
Authorised since 12/06/2013 on FCA Register firm page.
Permissions
Not recorded
Issue date
2013-06-12
Checked
Sep 19, 2026

Research-file sourceFCA register

Admirals SC Ltd

Jurisdiction
SC
Company number
8426894-1
Registered office
FSA list: Suite 202, Second Floor, Waterside Property, Eden Island, Mahe. Some broker SC footers: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahé.
Status
Named on FSA capital-markets list 2026-09-12
Role
Seychelles FSA securities dealer; FSA list URL https://www.admiralmarkets.com/sc
Parent
Not recorded

Seychelles FSA · SD073

Broker published
Regulator
Seychelles FSA
Licence number
SD073
Status
entity named on FSA capital-markets list; SD073 not printed on that row
Permissions
Not recorded
Issue date
Not recorded
Checked
Sep 12, 2026

Research-file sourceOfficial regulation page

Client routing

Only regions named on an official page or legal document. A site loading is not acceptance.

Region

EU/EEA visitors of admirals.com / admiralmarkets.com.cy

Legal entity

Admirals Europe Ltd

Regulator / licence

CySEC · 201/13

Route protectionOpened Europe TCs: retail NBP; client funds segregated under CySEC Law; ICF up to €20,000. Official Financial Security page also states retail full NBP per-account and professional NBP policy up to EUR 50,000. Private insurance up to EUR 100,000 is a commercial policy, not ICF.

EvidenceCySEC CIF 201/13. Europe TCs and https://admiralmarkets.com/about-us/regulation opened.

Region

UK clients of Admiral Markets UK Ltd

Legal entity

Admiral Markets UK Ltd

Regulator / licence

FCA · 595450

Route protectionOpened UK KID: retail CASS segregation; FSCS up to GBP 85,000 per person, per firm. Group page £50,000 is stored as a conflict. FCA register was not isolated.

Evidencehttps://admiralmarkets.com/cadmin/documents/en/amuk/key_information_document_cfd_on_an_index_en

Region

Clients of Admirals SC Ltd

Legal entity

Admirals SC Ltd

Regulator / licence

Seychelles FSA · SD073

Route protectionNo FSCS or ICF is stored. EU NBP/ICF is not copied onto Seychelles.

EvidenceFSA capital-markets list names Admirals SC Ltd. SD073 is printed on admiralmarkets.com regulation/risk pages, not on the FSA row.

Historical licences

Withdrawn, revoked, or closed retail authorisations. Not current onboarding licences.

No historical licence row was isolated.

Regulatory and corporate history

Dated events from official pages or registers. Incidents are historical records, not current licence status.

No dated history row was isolated.

What the sources show

Each finding shows its own check date and applies only to the named entity and source; the group file remains incomplete.

Provider licence disclosure ·

Admirals SC Ltd

This international site identifies Admirals SC Ltd as the provider. Pemax Services Ltd (HE320715) is disclosed as a payment agent, not the investment-services contracting entity.

Sources and scope

Identifiers disclosed by the provider; current regulator status not independently verified here.

Company / corporate identifier
8426894-1
Authority or registration system
Seychelles FSA
Disclosed financial permission
SD073
Regulator records →

Entity matched; identifier scope below ·

Admirals SC Ltd

The FSA list names this Seychelles entity. This entry does not print its licence number or establish which residence-specific account contracts with it.

Sources and scope

Entity-name match only; no licence-number verification inferred.

Authority or registration system
Seychelles FSA
Regulator records →
Source comparison log →

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    Admirals · Admirals SC Ltd · costs source check

    Primary source ↗Open research file →

  2. · Research record updated

    Admirals · Entity, source and scope findings added

    Primary source ↗Open research file →

  3. · Source check

    Admirals · Admirals SC Ltd · platforms source check

    Primary source ↗Open research file →
View full research history →