Is Admirals (Admiral Markets) safe and legit?

Signing up with a fraudulent broker can easily result in you losing your money. The monetary loss can set back your investment plans by years.

You can rest assured, Admirals (Admiral Markets) is considered reliable as it has multiple top-tier regulation, including FCA in the UK and ASIC in Australia.

Top reasons why Admirals (Admiral Markets) is a safe and reliable choice

Top reasons why [broker name] is a safe and reliable choice

Réka Hidas

Réka is a former Junior Broker Analyst for BrokerChooser. She attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews, while also developing her skills and growing professionally in this field.

Learn about our methodology

Réka Hidas

I have personally tested dozens of brokers and helped people who have fallen victim to fraudulent brokers. Our team tracks 30,000+ brokers globally with a special focus on their safety profile. Here are the key reasons I consider Admirals (Admiral Markets) a safe option:

• Admirals (Admiral Markets) is regulated by at least one top-tier regulator.
• We thoroughly tested the services of Admirals (Admiral Markets).
• Admirals (Admiral Markets)’s clients most likely have access to investor protection.
• Admirals (Admiral Markets) has a strong track record in the industry.

Brokers overseen by top-tier regulators are legally required to meet very strict rules designed to protect their clients’ money. Non-compliance with these rules typically results in the loss of their license to operate. Brokers overseen by top-tier regulators are seldom - if ever - scams.

They must keep clients’ money segregated from their operational funds, offer fair fees and prices as well as provide transparent trade execution. Top-tier oversight curbs fraud and manipulation through regular audits, licensing requirements, and steep penalties for violations.

We compiled a list of all the regulators that supervise Admirals (Admiral Markets):

• Global - Financial Conduct Authority (FCA)
• Estonia, Romania, Czech Republic - Estonian Financial Supervision Authority (EFSA)
• EU - Cyprus Securities and Exchange Commission (CySEC)
• Global - Australian Securities and Investment Commission (ASIC)
• Global - Jordan Securities Commission (JSC)

We tested every aspect of Admirals (Admiral Markets)’s services using a combination of automated analysis and manual verification with real money. We conducted real trades on the broker’s trading platforms, deposited and withdrew money, and contacted customer service through all available channels. Check out our findings and assessments in the full review of Admirals (Admiral Markets).

We put special emphasis on the safety profile of the brokers we evaluate and analyze 33 safety related data points at each. Our team maintains a comprehensive database with over 32,000 brokers and collects detailed information on each to identify legitimate businesses versus fraudulent operations.

This database powers our unique Scam Broker Shield tool that allows users to instantly verify a broker's trustworthiness. Simply enter the broker's name into the search bar to check their legitimacy.

We regularly investigate user reports of scam brokers and if we confirm the broker is fraudulent, we update our records.

As a client of Admirals (Admiral Markets) you will have access to the investor protection program provided in the country where the broker operates.

These programs provide compensation to clients in the event a broker becomes insolvent and is unable to return investments. Check out the following table to see the investor protection amounts that you have access if you sign up with Admirals (Admiral Markets).

In addition to regulatory oversight and investor protection, the length and spotlessness of a broker’s track record are also key indicators as to its safety.

Admirals (Admiral Markets) is a reliable industry player that has not been involved in any major scandals.

Having been on the market for a long time or being listed on an exchange are also signs that the broker is a legit entity.

Check out some additional safety features of Admirals (Admiral Markets) in the table below:

Data updated on November 15, 2023

Warning: Be alert to cloned websites impersonating trusted brokers such as Admirals (Admiral Markets). These fraudulent sites bear a strong resemblance to the legitimate broker's web page but they are scams. Avoid using links from forums or unverified sources and double-check the URL before making any deposits. To be on the safe side, use this link to Admirals (Admiral Markets), which was tested and verified by BrokerChooser.