The company reports that active clients total 23,190 as EU onboarding resumes.
The firm’s net trading income falls to €13.3M, with operating expenses at €18.3M.
Admirals Group AS has released its unaudited financial
results for the first half of 2025. The period saw lower client trading
activity across the Group’s core European markets.
Net Income Drops, Admirals Posts Loss
Net trading income fell to EUR 13.3 million, down from EUR
22.0 million in the same period last year. Operating expenses declined by 20%
to EUR 18.3 million, compared with EUR 22.9 million in H1 2024. The Group
reported a net loss of EUR 5.9 million, wider than the EUR 1.2 million loss
recorded in the previous year.
Source: Admirals Group AS
The number of active clients was 23,190. Admirals is focused
on rebuilding and expanding its client base following a temporary strategic
pause in 2024.
EU Client Onboarding Restarts After Suspension
Last year, Admirals voluntarily suspended onboarding of new
European clients at Admirals Europe Ltd., in line with recommendations from the
CySEC regulator. The suspension aimed to ensure regulatory compliance and
maintain client trust.
Client onboarding resumed in March 2025 after the required
measures were implemented. User acquisition efforts intensified in the second
quarter of 2025, as the Group sought to re-establish its presence in the EU
market.
Admirals Sells Australian Unit to PU Prime
Meanwhile, Admirals
has sold its Australian unit to PU Prime, a forex and CFDs broker. The
acquisition gives PU Prime an Australian Financial Services (AFS) licence. The
Australian entity was renamed PU Prime Trading, according to the ASIC registry.
Admirals announced the sale last December to a non-related
party, stating it would streamline operations, optimise geographic focus, and
contribute positively to the group’s net profit. PU Prime, previously operating
from offshore locations, has yet to onboard Australian clients under the new
licence. Admirals remains licensed in multiple countries, including the UK,
Cyprus, and South Africa.
Admirals Group AS has released its unaudited financial
results for the first half of 2025. The period saw lower client trading
activity across the Group’s core European markets.
Net Income Drops, Admirals Posts Loss
Net trading income fell to EUR 13.3 million, down from EUR
22.0 million in the same period last year. Operating expenses declined by 20%
to EUR 18.3 million, compared with EUR 22.9 million in H1 2024. The Group
reported a net loss of EUR 5.9 million, wider than the EUR 1.2 million loss
recorded in the previous year.
Source: Admirals Group AS
The number of active clients was 23,190. Admirals is focused
on rebuilding and expanding its client base following a temporary strategic
pause in 2024.
EU Client Onboarding Restarts After Suspension
Last year, Admirals voluntarily suspended onboarding of new
European clients at Admirals Europe Ltd., in line with recommendations from the
CySEC regulator. The suspension aimed to ensure regulatory compliance and
maintain client trust.
Client onboarding resumed in March 2025 after the required
measures were implemented. User acquisition efforts intensified in the second
quarter of 2025, as the Group sought to re-establish its presence in the EU
market.
Admirals Sells Australian Unit to PU Prime
Meanwhile, Admirals
has sold its Australian unit to PU Prime, a forex and CFDs broker. The
acquisition gives PU Prime an Australian Financial Services (AFS) licence. The
Australian entity was renamed PU Prime Trading, according to the ASIC registry.
Admirals announced the sale last December to a non-related
party, stating it would streamline operations, optimise geographic focus, and
contribute positively to the group’s net profit. PU Prime, previously operating
from offshore locations, has yet to onboard Australian clients under the new
licence. Admirals remains licensed in multiple countries, including the UK,
Cyprus, and South Africa.
Prop Firms and Brokers Form a Perfect Synergy: One Offers Access, the Other Capital
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
