Dear Valued Client,

We wish to inform you that, following recent updates concerning Brexit and related FCA notifications, Admiral Markets UK Ltd (hereinafter referred to as the “Company”) will no longer provide its services in your jurisdiction. Consequently, there will be a change in the entity responsible for providing services to you in the future.

Great news!

The Admirals Group AS is constantly growing! As such, we are pleased to offer you the opportunity to migrate your profile, trading account, and AM wallet, if applicable, to Admiral Markets Cyprus Ltd.

Admiral Markets Cyprus Ltd is a CySEC-authorised investment firm, with registration and license number 201/13, licensed to provide investment and ancillary services to residents in Europe.

Your action is required

Clients wishing to have their accounts migrated to Admiral Markets Cyprus Ltd must provide their consent by Friday, 1st of December 2023, at the latest.

We have prepared all the necessary infrastructure for your convenience. Please log in to your Dashboard account and locate the Migration Consent Button.

Please note that if we do not receive your consent by the set deadline, your account(s) will be placed in a “Close Only” trading mode the following day after the consent deadline, and your account(s) will be terminated on the 28th of December 2023.

Migration procedure

Upon receiving your consent, we will migrate your existing account (including, inter alia, any open trade position(s), pending trade position(s), and wallet) held with the Company to Admiral Markets Cyprus Ltd by the 21st of December 2023.

As per the aforementioned, if you do not wish for your account(s) to be migrated to Admiral Markets Cyprus Ltd, we kindly ask you to close your open trade position(s) and place a withdrawal request before the set deadlines. Failure to do so grants the Company the right to close your open trade position(s) and terminate your account(s).

Data protection and data processing

At Admiral Markets, we fully recognise the importance of maintaining the confidentiality and privacy of your personal data. We would like to inform you that your personal data will be migrated along with your account to the respective entity, which is a member of the Admiral Markets group. 

For accounts that will not be migrated and will be terminated, Admiral Markets is required to retain the client’s personal data to comply with legal and regulatory requirements, as well as internal compliance mandates regarding the maintenance of records. 

For further information, please read our Privacy Policy.

If you have any queries related to Data Processing, do not hesitate to contact our Data Protection Officer via email at dpo@admiralmarkets.​com.

Yours faithfully,

Admiral Markets UK Ltd

Risk Disclosure: Financial instruments offered by Admirals carries a high level of risk which is not suitable for all investors due to their complex nature. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks involved. Read more at admiralmarkets.com.

Investments involve risks and are not suitable for all investors. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that in case of any trading analyses which refer to past performance, their behaviour may change in time. No representation is given as to the accuracy or completeness of the information and any person acting upon it does so entirely at their own risk.

Admiral Markets UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) – registration number 595450.

Admiral Markets Cyprus Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 201/13.

Admiral Markets AS Jordan Ltd is authorised and regulated to conduct investment business by the Jordan Securities Commission (JSC) in the Hashemite Kingdom of Jordan, registration number 57026.

Admirals AU PTY Ltd is licensed to provide financial services by the Australian Securities and Investments Commission (ASIC) under the Australian Financial Services Licence number 410681.

Admiral Markets UK Ltd, 37th Floor, One Canada Square, Canary Wharf, London, E14 5AB

Contact us: global@admiralmarkets.​com

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