Admirals vs Trade Nation: 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.

AttributeAdmiralsTrade Nation
Licence Score78Strong67Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record85
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia LicensedLicensed
2 CySEC Cyprus Licensed—
2 FSCA South Africa LicensedLicensed
2 EFSA Estonia Licensed—
3 CMA (Kenya) Kenya Licensed—
3 SCB Bahamas —Licensed
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20012014
HeadquartersEstoniaUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNoNo
PlatformsMT4, MT5Proprietary, MT4, TradingView
Minimum depositUS$100No minimum
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Frequently asked questions

Is Admirals or Trade Nation better regulated?

Admirals has the higher Licence Score (78 vs 67), based on the number and tier of licences, operating history and public listing.

Which regulators license both Admirals and Trade Nation?

Both are matched to licences from ASIC, FCA, FSCA 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.