Admirals hits multi-year low with Revenues (€13M) down 19% and a Net Loss of €6M in H1 2025
Admirals resumed client onboarding in the EU in March 2025, re-engaging with a key market.
Admirals resumed client onboarding in the EU in March 2025, re-engaging with a key market.
11 months ago Admirals stopped onboarding clients in the EU, via its Cyprus based, CySEC licensed subsidiary Admirals Europe Ltd.
2024 was a year of much change at Admirals, with CEO Sergei Bogatenkov and Cyprus head Andreas Ioannou resigning.
After leaving Admrials in 2021 Juri Kartakov set up and now runs an FX and CFDs industry HR recruiting agency called Finwizard.
Admirals confirmed that it decided to temporarily suspend the onboarding of new customers in the EU for Admirals Europe Ltd.
The moves come after earlier this year Admirals saw the departure of longtime CEO Sergei Bogatenkov and Cyprus head Andreas Ioannou.
FNG Exclusive… FNG has learned that Tallinn, Estonia based Retail FX and CFDs broker Admirals has stopped onboarding clients in […]
For the full year 2023 Admirals posted Revenues of €40.9 million, down by a whopping 41% from 2022’s €69.0 million.
Replacing Sergei Bogatenkov as Chairman of the Management Board (i.e. CEO) of Admirals will be company founder Alexander Tsikhilov.
Taking the place of Sergei Bogatenkov as CEO will be Admirals founder Alexander Tsikhilov, who has been Chairman since 2017.