Desk file · 2026 edition · record confidence: medium
Admirals
Admirals: the commercial figures are advertised by the firm; each register entry carries its own status and source. An unexamined field remains unknown.
What the two desk scores say
These brand scores retain their original assessment inputs; current factual rows are listed separately.
| Cost score | Priced off the spread basis below, not off a headline rate card. | 8.4 |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | 6.6 |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $50.00 |
Spread basis. as advertised by Admirals. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Source links and named entities supplied with the current registration rows.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| Cyprus Securities and Exchange Commission | 201/13 | CY | T2 | entity not examined | cysec.gov.cy |
| Dutch Authority for the Financial Markets | NL | T1not verified | entity not examined | afm.nl |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- The group operates under the Admirals brand, having rebranded from Admiral Markets.
- The group is headquartered in Tallinn, Estonia.
- Admirals: spread as advertised by the firm, 2026-10 (https://admiralmarkets.com/instrument/euro-vs-us-dollar-eurusd)
- Admirals: software as advertised by the firm, 2026-10 (https://admiralmarkets.com/start-trading/account-types)
- Admirals: leverage as advertised by the firm, 2026-10 (https://admiralmarkets.com/instrument/euro-vs-us-dollar-eurusd)
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- Founding year — sources give both 2001 and 26 February 2003 (Estonian incorporation)
- public listing status
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.