Upcoming changes in the price list!

June 01, 2021 12:00

Dear Traders,


For your convenience, our trading platform immediately settles all securities and securities CFD related transactions via one single-currency trading account.  We support accounts trading in many currencies, as our goal has always been to provide an exceptional trading and investing experience with among the best conditions in the industry, but we also strive to continue to improve every aspect of our service and to be as sustainable as we can.

Beginning Thursday, July 1, 2021, any transactions related to Stocks, ETFs, and their respective CFDs traded with Admirals in a currency other than the account’s base currency will incur a currency conversion fee.

The fixed conversion rate of 0.3% will apply to every trade made in a currency different from the account’s base currency, in addition to our FX spot rate when buying or selling an asset.  

The fixed 0.3% conversion rate will apply to the settlement of actual profits and losses, as well as to any distributions or service charges such as commission, dividends, and overnight holding costs (if any), and is processed at the time of settlement to your single-currency account. This currency conversion fee does not apply to any margin collateral or notional transaction values.


To learn how the Currency Conversion Fee is applying, please follow the example below:

If you are trading a stock that is quoted in a currency different from the currency of your account, when executing an order, your stock’s currency will be converted to the account’s currency or the other way around, using our exchange rate + 0.30% conversion fee. 

Your trading account is denominated in EUR and EURUSD rate is 1.22510.

You sold one USD-denominated Facebook share with applicable commission -$1 and made a profit of $10 

In this example, we will charge a commission for execution of your trade including 0.3% currency conversion fee and apply currency conversion fee to the realized profit.

The commission deducted from your account’s equity will be  -$1 / 1.2287 = -€0.81

And realized profit will be $10 / 1.2287 = €8.13


where 1.2287 is the rate which already includes our conversion fee of 0.3%:

0.30/100 x 1.22510 = 0.0036

1.22510 + 0.0036 = 1.2287

The example is for illustrative purposes only. Please check here for the costs and charges before trading.


Admirals offers the ability to utilise a wide range of account currencies regardless of your region, so you could operate your trading account in Euro, USD, CHF, or GBP denominations, as well as many more.

If you trade with an account in the same currency as your traded asset/instrument, the new currency conversion fee will NOT apply.


Kind regards,


Admirals An all-in-one solution for spending, investing, and managing your money

More than a broker, Admirals is a financial hub, offering a wide range of financial products and services. We make it possible to approach personal finance through an all-in-one solution for investing, spending, and managing money.