Admiral Markets AS unaudited interim report for the first 6 months of 2026
Admiral Markets AS unaudited interim report for the first 6 months of 2026
In the first half of 2026, Admiral Markets AS completed the restructuring of its business, exiting direct client servicing and continuing solely as an intra-group liquidity provider for the Admirals Group following the voluntary revocation of its investment firm license in Estonia.
- Net trading income was EUR 2.2 million (6M 2025: EUR 4.1 million).
- Net loss was EUR -2.6 million (6M 2025: EUR -3.5 million).
All client relationships of Admiral Markets AS were terminated in January 2026, with former clients offered continued service through Admirals Europe Ltd, the Admirals Group’s Cyprus-licensed investment firm. Acting on its own initiative, Admiral Markets AS applied to the Estonian Financial Supervision and Resolution Authority to withdraw its investment firm license; the regulator approved the revocation with effect from 28 April 2026.
Statement of Financial Position

Statement of Comprehensive Income

Additional information:
Alexander Tsikhilov
Chairman of the Supervisory Board of Admiral Markets AS
alexander.tsikhilov@admirals.com
+372 6 309 300