Admirals vs ZFX: 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.

AttributeAdmiralsZFX
Licence Score78Strong55Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record82
1 FCA United Kingdom LicensedLicensed
1 ASIC Australia Licensed—
2 CySEC Cyprus Licensed—
2 FSCA South Africa Licensed—
2 EFSA Estonia Licensed—
3 CMA (Kenya) Kenya Licensed—
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20012017
HeadquartersEstoniaSeychelles
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4
Minimum depositUS$100—
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Frequently asked questions

Is Admirals or ZFX better regulated?

Admirals has the higher Licence Score (78 vs 55), based on the number and tier of licences, operating history and public listing.

Which regulators license both Admirals and ZFX?

Both are matched to licences from FCA 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.