Who owns Admirals?

Admirals is run by its own company. The company is private (Alexander Tsikhilov ~76% directly and via DVF Group OÜ). Press reports this link; we have not confirmed it in a register yet.

Ultimate ownerAdmirals Group AS (private (Alexander Tsikhilov ~76% directly and via DVF Group OÜ; bonds listed on Nasdaq Tallinn))
Websiteadmiralmarkets.com
Sister brokers0
Fines and actions0
Owner proofreported
Last checked14 Oct 2026

About Admirals Group AS

Estonian FX/CFD group. In 2025-26 it gave up its Estonian licence, sold its Australian unit and cancelled its UAE permission; new Jordan/Kenya clients are now onboarded to its Seychelles entity.

Headquarters: Estonia · Founded: 2001 · Ownership: private (Alexander Tsikhilov ~76% directly and via DVF Group OÜ; bonds listed on Nasdaq Tallinn)

How we know, and what we could not confirm

How we know: Estonian licence revoked at Admirals' own request effective 28 Apr 2026; EU clients now served from Cyprus. Finance Magnates reports new clients from Jordan/Kenya are onboarded under the Seychelles licence.

Ratings elsewhere

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.

Questions and answers

Who owns Admirals?

Its own company. Press reports this link; we have not confirmed it in a register yet.

Has the owner of Admirals been fined?

We have no regulator fines on record.

Sources

Last checked 14 Oct 2026. How we check facts. CFDs are complex. Most retail accounts lose money.