Admiral Markets Review 2026
The full Admiral Markets write-up for Bulgaria traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Bulgaria
| Regulator | CySEC CySEC, Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 201/13 |
| Regulated Entity | Admirals EU Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 8,000+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | Inactivity fee: EUR10/month after 24 months |
| Verify on CySEC register → | 201/13 |
Verdict
Cooks under CySEC (licence 201/13). Cover charge $100. In Bulgaria, forex leverage is capped at 1:30.
About Admiral Markets
Admiral Markets opened its doors in 2001 out of a kitchen in Tallinn, Estonia. Its menu runs to 8,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Admirals EU Ltd under CySEC.
In Bulgaria, Admiral Markets serves as Admirals EU Ltd, cleared by CySEC under licence number 201/13. Under CySEC house rules, Bulgaria traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- CySEC regulated, licence 201/13
- 8,000+ instruments to trade
- Negative balance protection in Bulgaria
- Platforms: MT4, MT5
- Real stock ownership (not CFD)
- Founded in 2001 (25 years operating)
- 8,000+ instruments across forex, indices, stocks and commodities
Cons
- Inactivity fee: EUR10/month after 24 months
- 73% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
Key Facts, Admiral Markets
- Rebranded from Admiral Markets in 2021, operating since 2001, one of older ECN brokers
- MetaTrader Supreme Edition with 60+ extra tools available free to clients
- Invest.MT5 account type allows direct stock and ETF ownership alongside CFDs
Known Limitations
- Complex multi-entity structure, ensure you are under the right regulatory entity for your country
- Higher spreads on entry-level accounts vs raw ECN alternatives
- Research centre content varies by region
Frequently Asked Questions
Is Admiral Markets regulated?
Yes. Admiral Markets is authorised by CySEC, issued to the entity Admirals EU Ltd, an authorisation you can look up for yourself on the official CySEC public register.
What is the minimum deposit for Admiral Markets in Bulgaria?
The cover charge is $100, the smallest amount Bulgaria traders need to open a live account with Admiral Markets under CySEC rules.
What leverage does Admiral Markets offer in Bulgaria?
In Bulgaria, CySEC rules cap Admiral Markets at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Admiral Markets safe to trade with?
The kitchen passes inspection: Admiral Markets cooks under CySEC. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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