Admiral Markets AS (Admirals)

Admiral Markets AS, operating under the brand name Admirals, is a global FinTech company headquartered in Tallinn, Estonia. Established in 2003, its core business revolves around providing online trading and investment services. The company's mission is to empower individuals worldwide to achieve financial freedom by offering accessible and secure financial products and education, with a long-term goal to reach 10 million people by 2030.

Admirals offers a diverse range of financial instruments, including Forex, Contracts for Difference (CFDs) on indices, metals, energy, bonds, digital currencies, stocks, and Exchange Traded Funds (ETFs). The company facilitates trading and investing through popular platforms such as MetaTrader 4, MetaTrader 5, and its proprietary Admirals Platform, catering to active day traders, long-term investors, and beginners. It also provides extensive educational resources, market analysis tools, and customer support across its global operations.

In recent developments, Admiral Markets AS underwent strategic restructuring in April 2026, leading to the voluntary revocation of its Estonian investment firm license. Estonian clients are now served by its Cyprus-regulated entity, Admirals Europe Ltd. This restructuring also involved bond repurchases and the consideration of delisting from Nasdaq Tallinn, alongside the sale of its Australian unit and cancellation of its UAE license. The company reported a net loss of €18.5 million for 2025, reflecting a 55% decrease in net trading income compared to 2024. Despite these challenges, Admirals, led by founder Alexander Tsikhilov, maintains confidence in its diversified strategy and market-leading technology, having resumed onboarding new European clients in March 2025 after a temporary suspension.