Admirals (Admiral Markets) scores 78/100 in our review (grade B, very good), a Tallinn, Estonia-based broker regulated by FCA (UK), CySEC (Cyprus), EFSA (Estonia). It offers MetaTrader 5, so you can run Market Structure Pro on it.
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Start free trial Visit Admirals (Admiral Markets) ↗| Headquarters | Tallinn, Estonia |
| Founded | 2001 |
| Regulation | FCA (UK), CySEC (Cyprus), EFSA (Estonia), FSCA (South Africa), JSC (Jordan), FSA (Seychelles) |
| Platforms | MT4, MT5, TradingView, Admirals Platform, WebTrader |
| MetaTrader 5 | Yes, MSP works here |
| Own platform | Admirals Platform |
| Account types | Trade.MT5, Zero.MT5, Invest.MT5, Trade.MT4, Zero.MT4 |
| Min deposit | $100 |
| Typical EURUSD spread | 0.8 pips |
| Typical Gold spread | 0.32 |
| Commission | Zero.MT5/MT4 accounts: ~$1.80-$3.00 per lot per side (tiered by monthly volume); Trade accounts are spread-only, no forex commission |
| Execution | No dealing desk |
| Funding methods | Card, Bank transfer, PayPal, Skrill, Neteller, Trustly |
| Demo account | Yes |
| Support | 24/5 |
Admirals, formerly Admiral Markets, is an Estonia-based multi-asset broker founded in 2001 and headquartered in Tallinn. It suits beginner-to-intermediate CFD traders and long-term investors who want a heavily regulated broker with a very broad product menu, from forex and CFDs to real shares and ETFs. Regulation is a strength: it is authorized by the FCA (UK), CySEC (Cyprus) and Estonia's EFSA, offers negative balance protection and segregated client funds, and holds several additional non-EU licenses. Note that it exited the Australian market in early 2025 (its ASIC entity was sold to and rebranded as PU Prime), and it does not accept US clients.
On costs, Admirals uses a two-model structure: spread-only Trade accounts (EUR/USD typically around 0.7-0.9 pips, gold around 0.3) and commission-based Zero accounts with near-zero raw spreads plus roughly $1.80-$3.00 per lot per side, tiered by monthly volume. Pricing is competitive but not the absolute lowest in the market. Execution is no-dealing-desk / STP style rather than marketed true ECN.
Platform coverage is a clear highlight. Clients can trade on MetaTrader 4 and MetaTrader 5 (confirmed available today, with MT5 the primary account line via Trade.MT5, Zero.MT5 and Invest.MT5), plus TradingView-powered charts inside the proprietary Admirals Platform, a WebTrader and mobile apps. Funding is via card, bank transfer and e-wallets (PayPal, Skrill, Neteller, Trustly), a demo account is available, and customer support runs 24/5.
A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews look genuine.
Admirals (formerly Admiral Markets) earns consistently strong scores: ForexBrokers.com 4.5/5 with a high trust sub-score, and Trustpilot 'Great' 4.1/5. Feedback across platforms is broadly positive and stable with no signs of incentivised or fake reviews. As a multi-jurisdiction regulated broker (FCA, CySEC, ASIC, EFSA) its reputation reads as credible and genuine.
Can I use Market Structure Pro with Admirals (Admiral Markets)? Yes. Admirals (Admiral Markets) offers MetaTrader 5, and MSP is an MT5 indicator, so it runs on any of their MT5 accounts. See the install guide.
Sources: brokerchooser.com · www.compareforexbrokers.com · admiralmarkets.com · en.wikipedia.org. Figures are typical and change, so confirm on the broker's site.
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