Admirals vs HFM: 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.

AttributeAdmiralsHFM
Licence Score78Strong70Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record87
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia Licensed—
2 CySEC Cyprus LicensedLicensed · Licence 183/12
2 FSCA South Africa LicensedLicensed · FSP 46632
2 DFSA United Arab Emirates —Licensed
2 EFSA Estonia Licensed—
3 FSC (MU) Mauritius —Licensed
3 CMA (Kenya) Kenya LicensedLicensed
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20012010
HeadquartersEstoniaCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5, Proprietary
Minimum depositUS$100No minimum
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Frequently asked questions

Is Admirals or HFM better regulated?

Admirals has the higher Licence Score (78 vs 70), based on the number and tier of licences, operating history and public listing.

Which regulators license both Admirals and HFM?

Both are matched to licences from FCA, CySEC, FSCA, CMA (Kenya) and FSA (Seychelles).

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.