Open a trading account

Before you open an account with us and start trading, we ask that you familiarize yourself with the agreements and other documents pertaining to Admiral Markets AS. These documents serve to inform you about our legal responsibilities and our general business practices.

Prior to opening a trading account, an Admiral Markets AS representative will guide you through the KYC (know-your-customer) procedure. This entails submitting necessary documents and data which will enable us to complete your account registration. To start your account opening procedure, please register in the Trader`s Room and submit the following documents:

Documents needed for natural persons:

1. Passport, government-issued ID card with photo or driving licence;

Documents needed for Estonian legal entities:

1. Filled in and signed Client Agreement for Legal Entity;
2. Passport or government-issued ID card with photo for the person acting on behalf of the legal entity;
3. An extract of the Commercial Registry;
4. Documents confirming the ownership structure of the legal entity, which must also include personal details of all ultimate beneficial owners. Please note that the ultimate beneficiary can only be a natural person.
5. EMIR - transactions reporting form

Documents needed for other EU and EEA legal entities:

1. Filled in and signed Client Agreement for Legal Entity;
2. Passport or government-issued ID card with photo for the person acting on behalf of the legal entity;
3. Extract of the register or registration certificate of the legal person (Certificate of Incorporation or Certificate of Organisation) or a notarised transcript thereof, containing:

   - name of the legal person, field of activity, seat and address of the enterprise;
   - registration number and date of registration;
   - names, places of residence and personal identification codes of the members of the directing body;
   - date of issuance of the document;
   NB! The submitted documents may not be older than 6 months.

4. EMIR - transactions reporting form

If legal persons have been registered in other registers not listed above, they have to submit the following:
- Memorandum and/or Articles of Association;
- Registration certificate issued by a register provided by legislation;
- Document certifying the authorisation of the legal representative(s) (depending on the basis of representation right);
- Recent utility bill confirming the place of business.

Please note that Admiral Markets AS representatives have a right to request additional documents (such as notarized power of attorney, utility bills, bank statements etc) if deemed necessary apply due diligence measures for the prevention of money laundering and terrorist financing.

Documents

You should review, understand and accept the following documents describing the terms and conditions of Admiral Markets AS services before concluding the client agreement:

•   Terms and Conditions of Admiral Markets AS (valid as from 31.08.2019)
•   Terms and Conditions of Admiral Markets AS (valid as from 01.11.2017)
•   Payment Terms (valid as from 19.01.2018)
•   Best Execution Policy (valid as of 01.11.2017)
•   Procedure for holding and protecting clients assets
•   Procedure for processing client data (valid as of 08.10.2018)
•   Complaints handling procedure
•   Classification of clients
•   Handling conflicts of interests
•   Risks associated with trading
•   Risk Disclosure
•   Negative Balance Protection Policy
•   Website Terms of Use
•   Terms and Conditions of Islamic (Swap-free) account

Key Information Documents

From 1 January 2018 the regulation (EU) No 1286/2014 of the European Parliament and of the Council (PRIIPs) came info force. Due to the regulation, certain investment products can be made available to retail investors only if a manufacturer has prepared and provided Key Information Document (KID) containing relevant information to an investor about these products.

•   Key Information Document - CFD on a Forex currency pair
•   Key Information Document - CFD on an Index
•   Key Information Document - CFD on a Commodity
•   Key Information Document - CFD on an Equity
•   Key Information Document - CFD on a Bond
•   Key Information Document - CFD on a Cryptocurrency
•   Key Information Document - CFD on an Exchange-traded Fund

Additional documents:

•   MetaTrader 4 help file
•   Execution venues report and execution quality summary statement (30.04.2018) (ENG)
•   Execution venues report and execution quality summary statement (30.04.2019) (ENG)
•   Execution report for the 1st quarter of 2018 (RTS 27)
•   Execution report for the 2nd quarter of 2018 (RTS 27)
•   Execution report for the 3rd quarter of 2018 (RTS 27)
•   Execution report for the 4th quarter of 2018 (RTS 27)
•   Execution report for the 1st quarter of 2019 (RTS 27)
•   Execution report for the 2nd quarter of 2019 (RTS 27)