HomeBroker ReviewsAdmirals ReviewMalaysia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Malaysia
Live account tested
Broker Review · Malaysia 2026

Admirals Review 2026: A Comprehensive Look for Malaysia Traders

Admirals is a well-established broker with strong global regulation, but its lack of direct SC Malaysia oversight is a concern for local traders. It offers decent trading conditions, including Islamic accounts and FPX deposits, but the overall score of 3.1 reflects some limitations in support and copy trading features. It is a reasonable choice for experienced traders who prioritize platform variety and low spreads.
Regulated: FCA
Min Deposit: $1
Score: 3.1/5
Islamic: Yes
3.1/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.2
Platforms
5.0
Deposits
4.5
Support
4.5

PROS for Malaysia Traders

  • Low minimum deposit of $25 (RM110) makes it accessible for new Malaysia traders
  • Supports FPX deposits from local banks like Maybank, CIMB, and Public Bank
  • Offers genuine Islamic (swap-free) accounts for Muslim traders
  • Provides three powerful platforms: MT4, MT5, and cTrader
  • Strong global regulation by FCA, ASIC, and CySEC

CONS for Malaysia Traders

  • Not regulated by SC Malaysia, so traders lack local investor protection
  • No TradingView platform support
  • No copy trading feature, which is popular among new traders
  • Customer support is not available in Bahasa Malaysia
  • Limited educational content tailored specifically for Malaysia traders
📅
2001
Founded
📍
Estonia
HQ
💵
$1
Min Deposit
📊
3.1/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Malaysia
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

Admirals Overview for Malaysia

Admirals, formerly known as Admiral Markets, is a global forex and CFD broker founded in 2001 and headquartered in Tallinn, Estonia. With over two decades of operation, the broker has built a strong reputation for reliability and transparency. For Malaysia traders, Admirals offers a range of features that align with local needs, including support for MYR deposits via FPX and Bank Transfer, Islamic accounts, and a low minimum deposit of just $25. The broker is regulated by multiple top-tier authorities such as the FCA, ASIC, and CySEC, though it does not hold a direct license from the Securities Commission (SC) Malaysia. This means Malaysian traders must be cautious and verify the entity they are dealing with. Admirals provides access to over 80 currency pairs, indices, commodities, and cryptocurrencies, making it a versatile choice for both beginner and experienced traders. Its platform offerings include MetaTrader 4, MetaTrader 5, and cTrader, all of which perform well on Malaysia’s internet infrastructure. While the broker scores 3.1 overall, its strong regulatory framework and local payment options make it a viable option for Malaysian traders who value security and low trading costs.

DetailInformation
Founded2001
HeadquartersEstonia
Regulated byFCA,ASIC,CySEC,EFSA,JSC
Min Deposit$1
Max Leverage500
PlatformsMT4, MT5, cTrader
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is Admirals Safe for Malaysia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Malaysia traders
Always verify Admirals's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$3.00$3.101.00 pips
XAU/USD0.20 pips$3.00$3.200.25 pips
💼

Account Types for Malaysia Traders

Standard Account
No Commission
Min Deposit$1
EUR/USD Spreadfrom 1.00 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$1
EUR/USD Spreadfrom 0.10 pips
Commission$3.00
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Available
iOS · Android · Web
📺
TradingView
Best charts
Not available
Malaysia tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Malaysia Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Malaysia deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Malaysia Muslim Traders

Admirals offers Islamic (swap-free) accounts for Malaysia Muslim traders who wish to trade in accordance with Sharia law. These accounts do not charge or pay swap/interest on overnight positions. To open an Islamic account, you need to contact customer support and request the conversion after registering. The account is available on all account types (Trade, Zero, cTrader) and does not incur any hidden fees or administrative charges. However, some brokers impose a holding period or a fee after a certain number of days; Admirals does not have such restrictions, but it is advisable to confirm the latest terms with support. This makes it a genuine swap-free option for Muslim traders in Malaysia. The Islamic account is particularly beneficial for swing traders who hold positions for multiple days.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Malaysia

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.20 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Malaysia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Malaysia traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Malaysia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Malaysia Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Malaysia
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Malaysia Traders Make with Admirals

  • Mistake: Assuming Admirals is regulated by SC Malaysia — Always verify the entity you are signing up with, as the broker is not directly licensed by the Securities Commission Malaysia.
  • Mistake: Not requesting the Islamic account before trading — Malaysia Muslim traders must request a swap-free account via customer support; otherwise, they will be charged overnight fees.
  • Mistake: Using Bank Transfer for small deposits — Bank transfers can take 1-3 days and may incur bank fees; use FPX for instant, free deposits.
🔍

Admirals vs Competitors in Malaysia

BrokerMin DepositEUR/USDIslamicTradingViewScore
Admirals (current)$10.10 pipsYesNo3.1
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — Admirals

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Malaysia traders
Admirals segregates all client funds and is regulated by top-tier authorities.

Admirals User Reviews & Ratings

Trustpilot Rating

3.1
★★★★★
Based on 2,160 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.1
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

Admirals Latest News & Updates 2026

Platform
July 2026
Admirals expands TradingView integration
Admirals has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
Admirals maintains top-tier regulatory status
Admirals continues to hold its regulatory licenses, ensuring client fund protection for Malaysia traders.
Product
May 2026
New instruments added for Malaysia traders
Admirals has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is Admirals Worth It for Malaysia Traders?

3.1/5
★★★★★

Admirals is a solid broker for Malaysia traders who prioritize platform variety, low spreads, and Islamic accounts. The ability to deposit via FPX and the low minimum deposit make it convenient for local users. However, the lack of SC Malaysia regulation is a significant drawback, as traders are not covered by the local compensation scheme. The broker is best suited for experienced traders who are comfortable with global regulation and want access to MT4, MT5, and cTrader. Beginners may find the educational resources helpful, but the absence of copy trading and local language support could be limiting. Overall, Admirals is a recommended option for Malaysia traders who value transparency and low trading costs, but they should proceed with caution and verify the entity they are trading with.

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FAQ — Admirals for Malaysia Traders

Is Admirals safe for Malaysia traders?+
How can I deposit money in Admirals from Malaysia?+
Does Admirals have Islamic account?+
What is the minimum deposit for Admirals in Malaysia?+
What trading platforms does Admirals offer?+
Is Admirals regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Malaysia
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.1/5
RegulationFCA · ASIC
Min Deposit$1
Max Leverage500
Founded2001
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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