Admirals Review
Active CFD traders and stock ETF investors
Why investors choose this broker
- Free deposits by bank transfer, cards, Klarna, Skrill and Brite
- One free withdrawal request every month
- Fractional stocks and ETFs from €1 or $1
- Zero MT5 spreads from 0.0 pips
Review summary
Admirals offers CFDs on forex, stocks, ETFs, indices, commodities and crypto, plus real stocks and ETFs through MetaTrader and Admirals platforms.
Pros
- Free deposits by bank transfer, cards, Klarna, Skrill and Brite
- One free withdrawal request every month
- Fractional stocks and ETFs from €1 or $1
- Zero MT5 spreads from 0.0 pips
- Real-time prices at no extra cost for investing accounts
- Supplementary coverage listed up to €100,000 per client
- MT Supreme Edition and StereoTrader available for eligible accounts
Cons
- Inactivity fee after 24 months: 10 EUR per month
- Currency conversion fee is 0.3%
- Different-currency account transfers cost 1%
- Card withdrawals after the monthly free request cost 1%
- Skrill withdrawals after the monthly free request cost 1%, min. 1 EUR / USD
- StereoTrader monthly access requires 4000 euros minimum equity
- Cryptocurrency access is through CFDs
- No signals or managed trading
Company background
Admirals is a European broker offering trading and investing services through Admirals Europe Ltd. The broker provides access to CFDs on forex, indices, commodities, share CFDs, ETF CFDs and digital currency CFDs, as well as real stocks and ETFs through its investment account. It is positioned for active traders who use MetaTrader, but it also supports longer-term investors through stock and ETF investing.
Fees and pricing
Admirals lists free deposits by bank transfer, Visa and MasterCard, Klarna, Skrill and Brite. Opening a live or demo account is free. The first withdrawal request each month is free; after that, bank transfers have fixed currency fees, card withdrawals cost 1% with minimums, Skrill withdrawals cost 1% with minimums, and Brite withdrawals cost 1% thereafter.
Other explicit costs include a 10 EUR monthly inactivity fee, a 0.3% currency conversion fee, and a 1% charge for transfers between accounts with different base currencies. Stock and ETF investing fees include 0.02 USD per share with a 1 USD minimum for listed US venues, while other listed exchanges show percentage-based fees and local minimums. Zero MT5 spreads are listed from 0.0 pips.
Regulation and safety
Admirals Europe Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission with license number 201/13. The company says client funds are segregated in EU-regulated banks and are not used as operational capital. It also lists investor compensation up to €20,000 per eligible client, supplementary coverage up to €100,000 per client, and negative balance protection for retail clients.
Platform experience
Admirals supports MT4, MT5, MetaTrader WebTrader, the Admirals Platform and the Admirals Mobile App. The mobile app is available on iOS and Android and includes real-time charts, order management, portfolio overview, auto-invest and biometric login. MetaTrader users can also access tools such as MetaTrader Supreme Edition, StereoTrader and VPS hosting for eligible accounts.
Pros and cons
The main strengths are clear deposit pricing, one free monthly withdrawal request, fractional investing from €1 or $1, MetaTrader access, and a broad mix of CFDs and real stocks and ETFs. The main limitations are the 10 EUR inactivity fee, currency conversion charges, fees on additional withdrawals, StereoTrader equity requirements, and crypto access being limited to CFDs.
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Trading fees & commissions
Deposits by bank transfer, Visa and MasterCard, Klarna, Skrill and Brite are listed as free. The first withdrawal request each month is free, after which method-specific fees apply. Other explicit charges include a 10 EUR monthly inactivity fee, a 0.3% currency conversion fee, and spreads from 0.0 pips on the Zero MT5 account.
Fees
| Item | Fee |
|---|---|
| Cfds | Overnight rollovers may include swaps or interest fees |
| Account | Opening a live or demo trading account: Free |
| Deposit | Free for bank transfer, Visa and MasterCard, Klarna, Skrill and Brite |
| Inactivity | 10 EUR (per month) |
| Withdrawal | 1 free withdrawal request every month; thereafter bank transfer 1 EUR |
| Min Deposit | Minimum deposit values shown include 100 EUR and 1 EUR, depending on page/product |
| Stereotrader | Maintain minimum equity of 4000 euros in your live trading account to get monthly access or try it on a demo account without limitations |
| Fx Conversion | 0.3%; minimum fee of 0.01 units of your account base currency |
Trading platform & features
Platforms
- Web app
- iOS app
- Android app
- MT4
- MT5
- MetaTrader WebTrader
- Admirals Platform
- Admirals Mobile App
- MetaTrader Supreme Edition
- StereoTrader
Regulation and investor protection
Admirals Europe Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission under license number 201/13. Client funds are segregated, eligible clients are covered by an investor compensation fund up to €20,000, and supplementary coverage is listed up to €100,000 per client.
Broker FAQs
Is Admirals safe?
Is Admirals a scam?
Is Admirals regulated and by whom?
What happens to my money if Admirals goes bankrupt?
Does Admirals keep client funds in segregated accounts?
Are deposits free at Admirals?
Does Admirals charge an inactivity fee?
What is Admirals' currency conversion fee?
Is there a withdrawal fee at Admirals?
What products does Admirals offer?
Does Admirals offer ETFs?
Does Admirals offer crypto?
Can I buy fractional shares on Admirals?
What is the minimum deposit at Admirals?
Does Admirals have a demo account?
Does Admirals have a mobile app?
How long does it take to withdraw from Admirals?
Is Admirals good for day trading?
Is Admirals good for long-term investing?
Bottom line
Admirals suits active CFD traders who want MetaTrader access and investors who want real stocks, ETFs and fractional investing. It may be less suitable for users who want crypto spot trading, managed portfolios or to avoid inactivity and currency conversion fees.
Admirals
Active CFD traders and stock ETF investors
Open AccountYour capital is at risk. Other fees apply.
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DIY investors who also want managed portfolio options
Compare with Ally Invest Open AccountVisit the Admirals website
Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.
Open AccountYour capital is at risk. Other fees apply.