Admirals (formerly Admiral Markets) is a globally recognized forex and CFD broker founded in 2001 and headquartered in Estonia. With over two decades of experience, it serves clients in over 100 countries, including Israel. The broker is known for its robust regulatory framework, offering licenses from the FCA, ASIC, CySEC, EFSA, and JSC. For Israel traders, Admirals provides access to a wide range of markets, including forex, indices, commodities, and cryptocurrencies, all through popular platforms like MT4, MT5, and cTrader. The broker's low minimum deposit of $25 and flexible leverage up to 1:500 make it attractive for retail traders. However, it does not support Israeli Shekel (ILS) accounts, meaning all transactions are in USD, which may incur conversion fees. Despite this, Admirals' long-standing reputation, educational resources, and swap-free Islamic account options make it a viable choice for both novice and experienced traders in Israel looking for a reliable international broker.
| Detail | Information |
|---|---|
| Founded | 2001 |
| Headquarters | Estonia |
| Regulated by | FCA,ASIC,CySEC,EFSA,JSC |
| Min Deposit | $25 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | ✓ Available |
| Copy Trading | ✗ Not available |
| Demo Account | ✓ Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.10 pips | $3.00 | $3.10 | 1.00 pips |
| XAU/USD | 0.20 pips | $3.00 | $3.20 | 0.25 pips |
| Feature | Available |
|---|---|
| Demo Account | ✓ Yes |
| ECN/Raw Account | ✓ Yes |
| Islamic (Swap-free) | ✓ Yes |
| Scalping Allowed | ✓ Yes |
| Hedging Allowed | ✓ Yes |
| Expert Advisors (EA) | ✓ Yes |
| Copy Trading | ✗ No |
Admirals offers a genuine Islamic (swap-free) account for Muslim traders in Israel who wish to trade in accordance with Sharia law. The account eliminates all overnight swap fees (interest) on positions held for more than one day, and there are no hidden charges or administrative fees for this service. To apply, Israel traders need to open a standard account first, then contact Admirals' customer support to request the swap-free conversion. The request is typically processed within 24-48 hours. It is important to note that the Islamic account is available on all account types (Trade, Zero) and platforms (MT4, MT5, cTrader). However, some brokers may restrict long-term holding on swap-free accounts, so traders should confirm the policy with Admirals. Overall, it is a fair and transparent offering for the Muslim community in Israel.
| Feature | Details |
|---|---|
| Islamic Account Available | ✓ Yes |
| Swap Fees | ✓ No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | ✓ All available | 0.10 pips |
| Gold (XAU/USD) | Spot Gold | ✓ Available | 0.20 pips |
| Silver (XAG/USD) | Spot Silver | ✓ Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | ✓ Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | ✓ Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | ✓ Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | ✓ Available | 0.02% |
| ETF CFDs | SPY, QQQ | ✓ Available | 0.02% |
| Feature | Available | Notes |
|---|---|---|
| Economic Calendar | ✓ Yes | Built into platform, real-time |
| Daily Market Analysis | ✓ Yes | Written + video reports |
| Video Tutorials | ✓ Yes | Beginner to advanced |
| Live Webinars | ✓ Yes | Weekly sessions, recorded |
| Demo Account | ✓ Yes | Unlimited, no expiry |
| Copy Trading | ✗ No | Not available |
| Free VPS | ✓ Yes (active traders) | For EA/automated trading |
| Local Language Support | ✗ No | English only |
| Support Channel | Available | Hours | Rating |
|---|---|---|---|
| Live Chat | ✓ Yes | 24/5 (Mon-Fri) | ★★★★★ Excellent |
| Email Support | ✓ Yes | 24/5 | ★★★★☆ Very Good |
| Phone Support | ✓ Yes | Business hours | ★★★★☆ Good |
| ✗ No | — | Not available | |
| Local Language | ✗ No | — | English only |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Admirals ★ | $25 | 0.10 pips | ✓ | ✗ | 3.1 |
| Pepperstone | $0 | 0.09 pips | ✓ | ✓ | 4.9 |
| IC Markets | $200 | 0.02 pips | ✓ | ✗ | 4.8 |
| Exness | $10 | 0.10 pips | ✓ | ✗ | 4.8 |
Understanding how Admirals protects your funds is critical before depositing. Here's a complete breakdown of the security measures in place for Israel traders:
| Security Feature | Status | Details |
|---|---|---|
| Segregated Client Funds | ✓ Yes | Client money held in separate bank accounts |
| Negative Balance Protection | ✓ Yes | Losses capped at account balance |
| Top-tier Regulation | ✓ Yes | FCA/ASIC/CySEC licensed |
| Investor Compensation | ✓ Yes | Up to £85,000 (FCA) or €20,000 (CySEC) |
| 2FA Security | ✓ Yes | Two-factor authentication available |
| SSL Encryption | ✓ Yes | All data encrypted in transit |
| Audit & Reporting | ✓ Yes | Regular financial audits required by regulators |
Stay updated with the latest developments from Admirals relevant to Israel traders:
Admirals is a solid choice for Israel traders seeking a well-regulated, globally established broker with a wide range of instruments and platforms. Its low minimum deposit, swap-free Islamic account, and support for USDT deposits are key advantages for the Israeli market. However, the lack of ISA regulation, absence of ILS accounts, and limited local payment methods may deter those who prefer a broker with a stronger local presence. Experienced traders who are comfortable with English support and USD accounts will find Admirals reliable and cost-effective. Beginners may want to consider brokers with Hebrew support and local regulation. Overall, Admirals earns a cautious recommendation for Israel traders, especially those focused on forex and commodities trading with a global perspective.