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Admirals in Pakistan — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
Key facts (6 facts)
- Onboarding entity
- Admirals SC Ltd
- Founded
- 2001
- Retail leverage
- 500PK
- Round turn
- 6 USDPK
- Currencies
- USD, EUR, GBP; no PKR account verified at review.
- Swap-free account
- yes
Licence check
Open an account with AdmiralsThe broker's own website. Not a partner link — we earn nothing from it.
Taxes for a Pakistani resident(1 rule)
- Forex/derivatives trading profit for residents is generally taxed as income;https://admirals.com
Not tax advice. Check with the Federal Board of Revenue.
Who actually onboards you
- Entity that onboards Pakistan residents
- Admirals SC Ltd
- Local standing
- Offshore only; not authorised by Pakistan's SECP.
- Licence as the register states it
- Seychelles FSA SD073; no SECP/SBP licence.
- Leverage for this entity
- Up to 1:500 under Seychelles entity.
- The firm behind it
- Founded 2001 in Tallinn, Estonia; group holds FCA UK, CySEC, ASIC, EFSA Estonia, FSCA, Seychelles FSA licences.
- What we hold against it
- Established group; local SECP alert not verified at review; FCA/CySEC clone-site warnings exist.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore only; not authorised by Pakistan's SECP.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Pakistan market median(priced from 36 of 62)
Medians run over the 36 of 62 brokers that publish a price for Pakistan, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Trade.MT5 (min USD 100), Zero.MT5 (min USD 25), Invest.MT5. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (5 methods · 0 local rails)
Bank wire, Visa/Mastercard, Skrill, Neteller;
- Bank wire
- Visa
- Mastercard
- Skrill
- Neteller
- Account currency
- USD, EUR, GBP; no PKR account verified at review.
- Fee declared
- 5 of 5 methods
- Withdrawal back to
- the funding method
Where it does not serve(4 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- MT5
- Admirals mobile app
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 0.5 |
| MT5 | — | 0.5 |
| Admirals mobile app | — | 0.5 |
| All instruments | 6000+ | — |
114 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 108 more.
Identical for every row: Leverage 500 PK.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.0 | 2,164 |
Share of reviewers in Pakistan: — The platform does not publish it.
Pros and cons(5 for and 4 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the Pakistan median 7
- Withdrawal in 3 h, one of 46 of 62 brokers here that publish a time
- Swap-free account available
- Track record 100 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, Admirals mobile app
- No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 25 USD, over the Pakistan median 7.5
- The published 1:500 comes from the group's offshore entity, not from the Pakistan one
- Safety 0 of 100, its weakest of 6 scored axes
Where Admirals sits in the Pakistan base(62 brokers)
Round-turn cost, USD (36 of 62 priced)
Median 7 USD · range 3-19 · this broker 6 USD · 26 of 62 brokers do not publish it
Minimum deposit, USD (16 of 62 priced)
Median 7.5 USD · range 0-237.2 · this broker 25 USD · 46 of 62 brokers do not publish it
Retail leverage (34 of 62 with a Pakistan figure)
Median 1:750 · range 50-5000 · this broker 1:500 · 28 of 62 brokers do not publish it
Withdrawal time published (62 brokers)
Alternatives in Pakistan(6 of 62 scored in Pakistan)
- Round turn, USD
- 5PK
- Min deposit, USD
- 50 groupPK
- Leverage
- 1000PK
- Rank in this country
- #3
- Round turn, USD
- 6PK
- Min deposit, USD
- 5 groupPK
- Leverage
- 2000PK
- Rank in this country
- #2
- Round turn, USD
- 5PK
- Min deposit, USD
- 10PK
- Leverage
- 2000PK
- Rank in this country
- #4
- Round turn, USD
- 6PK
- Min deposit, USD
- 0PK
- Leverage
- 500PK
- Rank in this country
- #6
- Round turn, USD
- 6PK
- Min deposit, USD
- 5 groupPK
- Leverage
- 3000PK
- Rank in this country
- #7
- Round turn, USD
- 8PK
- Min deposit, USD
- 10 groupPK
- Leverage
- 200PK
- Rank in this country
- #8
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology
| Axis | Weight | What is measured | Admirals |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 50 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 98 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Admirals accept residents of Pakistan?
- No. Offshore only; not authorised by Pakistan's SECP. Onboarding entity: Admirals SC Ltd
- Is Admirals licensed to serve clients in Pakistan?
- Seychelles FSA SD073; no SECP/SBP licence. Checked on 09.07.2026.
- How much does one round turn cost at Admirals?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
- What leverage does Admirals offer to retail clients in Pakistan?
- Up to 1:500. Up to 1:500 under Seychelles entity.
- Which trading platforms does Admirals support?
- MT4, MT5, Admirals mobile app. Instruments: FX, indices, commodities, stocks, ETFs, bonds, crypto CFDs.
- How can I withdraw money from Admirals in Pakistan?
- Bank wire, Visa/Mastercard, Skrill, Neteller; no PayPal. Pakistan-specific rails not verified at review.
- What account types does Admirals offer?
- Trade.MT5 (min USD 100), Zero.MT5 (min USD 25), Invest.MT5.
- Does Admirals offer a swap-free (Islamic) account?
- Yes. Admirals offers a swap-free (Islamic) account to Pakistan residents.
Cost calculator (median of 36 priced of 62)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.