Recalculated 2026-11-02 · Established 2001 · South African clients served by locally
Admirals — South Africa
Admirals is rated 3.92 out of 5 by our formula (Rank #7 of 70) for traders in South Africa: round turn 6 USD, residents accepted — Yes.
Suits you if the round turn is 6 USD against a 7 USD median here · you can open with 25 USD · it takes residents of South Africa
Key facts (8)
- Who actually onboards you
- South African clients served by locally licensed Admirals SA (Pty) Ltd
- Licence number
- 51311
- Established
- 2001group
- Min deposit, USD
- 25 USDgeo
- Platforms
- MT4 · MT5 · Admirals mobile app
- Local funding
- Bank wire, Visa/Mastercard, Skrill, Neteller; lo
- Max leverage
- 500geo
- EURUSD
- 0.9 pipsgroup
Accounts (5)
5 of 5 accounts with a published cost per lot
5 of 5 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| AdmiralsTrade.MT5 | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| AdmiralsZero.MT5 | — | 0advertised | 3.6per standard lot | 3.6round turn, USD | — |
| AdmiralsTrade.MT4 | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| AdmiralsZero.MT4 | — | 0advertised | — | 0round turn, USD | — |
| AdmiralsIslamic Trade.MT5 | — | 0.5advertised | — | 5round turn, USD | Swap-free |
This broker against the South Africa middle (81 of 104)
| Admirals | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 25 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | same business daygroup | 24.0 h |
| EURUSD, standard | 0.9 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2001group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in South Africa
Locally regulated by the FSCA.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Admirals.
- Who actually onboards you
- South African clients served by locally licensed Admirals SA (Pty) Ltd.
- Licence number
- 51311
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 2.50+ 20.0% × 4.75+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 5.00+ 10.0% × 2.50= 3.92
Ranked against brokers measured on every axis
Licence check
- Licence number
- 51311
- Checked
- 2026-07-09
Who actually onboards you
South African clients served by locally licensed Admirals SA (Pty) Ltd.
Locally licensed entity
What each account gives you
Trade.MT5 / Zero.MT5; min from ZAR 500 (approx USD 25 equivalent).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min ~ZAR 500 on all accounts.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · Admirals mobile app
FX, indices, commodities, stocks, ETFs, bonds, crypto CFDs.
Reviews
4.0 out of 5 · Based on 1,404 reviews
Where it wins, where it loses
Pros (4)
- Round turn 6.0 USD against a South Africa median of 7.0
- Licensed locally: 51311
- Swap-free account available
- Withdrawal published at same business day
Cons (0)
- —
Where it does not serve
United States, Canada, Japan, Belgium
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2admirals.groupadmirals.group · domainBroker
- Aggregators and directories
- 3fxscouts.co.zafxscouts.co.za · domainAggregator
FAQ (5)
Does Admirals accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Admirals?
South African clients served by locally licensed Admirals SA (Pty) Ltd.
What licence does Admirals hold for South Africa?
Licence 51311.
What does one EURUSD lot cost at Admirals?
6.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Admirals take?
Admirals publishes same business day. Their own wording: “Withdrawal requests are processed on the same business day”.