Admirals vs FBS: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAdmiralsFBS
Licence Score78Strong62Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record83
1 FCA United Kingdom Licensed—
1 ASIC Australia LicensedLicensed
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa Licensed—
2 EFSA Estonia Licensed—
3 CMA (Kenya) Kenya Licensed—
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles Licensed—
4 FSC (Belize) Belize —Licensed
Founded20012009
HeadquartersEstoniaCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5, Proprietary
Minimum depositUS$100US$5
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Frequently asked questions

Is Admirals or FBS better regulated?

Admirals has the higher Licence Score (78 vs 62), based on the number and tier of licences, operating history and public listing.

Which regulators license both Admirals and FBS?

Both are matched to licences from ASIC and CySEC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.