About Admirals SC Ltd
Company Overview
Admirals SC Ltd is a forex and CFD broker registered in Seychelles, operating the domain admiralmarkets.com. The broker is part of the broader Admirals group that includes entities regulated in the UK, Cyprus, and Australia, but this specific entity is licensed only by the Seychelles Financial Services Authority (FSA) as a Securities Dealer. The exact founding date of Admirals SC Ltd is not publicly disclosed, though the Admirals brand has been active since 2001.
Regulation and Safety
Admirals SC Ltd holds a licence from the FSA Seychelles (licence status: Licensed). This regulatory framework provides oversight but does not offer investor compensation schemes typical of EU or UK regulators. The broker does maintain segregated client accounts, as claimed on its website. When assessed independently, the risk score is 40 out of 100, reflecting a guarded outlook due to the offshore regulatory environment.
Account Types
The broker offers several account types designed for different trading styles. The Trade.MT5 account is commission-free with variable spreads, suitable for standard traders. Zero.MT4 and Zero.MT5 accounts charge a commission but provide raw spreads from 0 pips, appealing to high-volume or scalping traders. An Invest.MT5 account is available for share and ETF investing with no commission on limited trades.
Trading Platforms and Tools
Clients can trade on MetaTrader 4 and MetaTrader 5, both of which support automated trading via Expert Advisors. The broker also offers MetaTrader WebTrader for browser-based access and a mobile app. Additionally, the MT Supreme Edition plugin provides advanced charting, depth of market, and an economic calendar.
Trading Instruments and Markets
Admirals provides access to over 8,000 instruments across multiple asset classes, including forex pairs, commodity CFDs, index CFDs, stock CFDs, ETFs, and cryptocurrencies. The broker also offers direct market access to shares on major exchanges through the Invest account. Contract specifications, including lot sizes and margin requirements, are detailed on the website.
Costs and Fees
The broker does not charge for account opening, maintenance, or electronic account statements. An inactivity fee of 10 EUR per month applies after two years without trading. Spreads and commissions vary by account type: Trade accounts have variable spreads with no commission, while Zero accounts have spreads from 0 pips plus a commission that scales with monthly volume.
Deposits and Withdrawals
Funds can be deposited via bank transfer, credit/debit cards, e-wallets (Skrill, Klarna), and other local methods, with no deposit fees charged by the broker. Withdrawals are processed to the same method where possible. Internal transfers between same-currency accounts are free; a 1% fee applies for currency conversion.
Overview compiled by FXCanary from regulatory records and public data. full Admirals SC Ltd review