Admirals operates through entities that include Admiral Markets UK Ltd, authorised by the UK FCA under licence number 595450, and Admirals Europe Ltd, regulated by CySEC under licence number 201/13. The group also includes Admiral Markets AS Jordan Ltd, registered with the Jordan Securities Commission, providing a direct regulatory presence in the Arab region.

The Jordanian entity may be relevant to eligible traders in the region, but the account may be opened with a different company depending on the client’s country and available services. Trade and Zero accounts, leverage, products, complaint procedures and legal protection can vary between entities under the same Admirals brand.

Before opening an Admirals account, traders should match the legal entity and licence number in the client agreement with the regulator’s official register. This helps Arabic-speaking traders understand whether their account is assigned to the Jordanian, European or UK entity and assess the actual protection that applies.

Regulated Admirals entities hold eligible retail client funds in segregated accounts, separate from the money used for the company’s operations. Negative balance protection may also apply under the conditions of the relevant entity. Eligible clients registered with certain UK or European entities may qualify for statutory compensation or additional legal safeguards within defined limits.

These protections do not automatically apply to every Admirals account worldwide. Client-money rules, compensation eligibility and complaint procedures may differ between the Jordanian, UK, European and international entities. Traders should confirm the legal company named in their client agreement and review the protection available under that entity before depositing.

Ultima Markets appears in the available regulatory data through Ultima Markets ZA (Pty) Ltd, registered with the FSCA in South Africa under number 52497, and Ultima Markets Ltd, supervised by the financial regulator in Mauritius under number GB23201593. This structure is less diverse than that of brokers with entities authorised by the FCA, ASIC or CySEC.

Two regulated entities provide a legal framework for delivering services, but they do not automatically offer the same protection as brokers supervised by leading regulators. Leverage, account conditions, complaint procedures and legal protection may vary according to the entity assigned to the client during registration.

Before opening an Ultima Markets account, traders should verify the legal company name, licence number and permitted activities in the official register. This is particularly important for traders attracted by flexible accounts or promotional conditions, as it helps assess regulatory strength independently from the broker’s trading offer.

Ultima Markets states that client funds are separated from the company’s operating money under the requirements of the entity responsible for the account. Negative balance protection may also apply according to the relevant trading conditions, helping eligible clients limit liability arising from a negative account balance.

The current regulatory structure in our data includes entities supervised by FSCA in South Africa and FSC in Mauritius, without an FCA, ASIC or CySEC-regulated entity. Traders should carefully review the client agreement, withdrawal policy, complaint process and protection limits before depositing or maintaining a large balance with Ultima Markets.