Abstract:2021 was the most successful for Admirals in terms of new client applications
2021 was the most successful for Admirals in terms of new client applications
As another success story for Admirals performance in 2021, our ongoing substantial investment in development and IT, as well as our expansion into new regions and strategic services added to the portfolio, has allowed for a wider customer base to enter the financial world.
The extreme volatility of 2020 laid a solid foundation for future trading and investment practices among millions of people around the world, and this can clearly be seen in today's ever-growing trading volumes. 2020 was an extreme year for the financial sector relative to the comparatively moderate trading landscape of 2019, reflecting real trends.
“We have kept our costs at 2020s level while making significant investments in development and infrastructure. We introduced a wide range of new services and products in our portfolio, keeping pace with customer interest in cryptocurrency. These steps, and more, have increased our global presence in the FinTech sector,” said Sergei Bogatenkov, CEO of Admirals.
Trading levels normalized to record volumes in 2020. The Group's trading revenue was 37 million euros, compared to 66 million euros in the same period in 2020. The number of new applications increased by 32% compared to 2020. The Group's net profit for the year ended was 0,9 million euros (2020: 20,3 million euros).
A key point of the past years performance is our continued contribution to cultural and educational life. For Admirals, financial literacy is one of the cornerstones of our long-term vision, leading to a variety of educational and mentoring programs. Eesti Kontsert and our strategic partner kood.tech in Jõhvi, stand for the sustainability of Estonian culture and programming education.
According to Sergei Bogatenkov, “the company has experienced success in its journey to become a financial centre. And our excellent performance during turbulent times, producing unique results and, most importantly, seeing the relevance of our vision, long-term goals, and strategic plan was undeniable. I am grateful to our global team, partners and investors, with whom we will continue to shake up the financial world and stand up for an innovative, unified, and personal experience in finance.”

If you have spent even a week inside trading communities lately, you already know the pitch by heart. Pass a quick "challenge," get handed a funded account worth tens of thousands of dollars, and keep up to 80% of everything you make. No risking your own savings, no slow grind of building capital from scratch — just skill, a small fee, and a fast track to the big leagues. It is the exact dream every new trader is secretly chasing, and an entire industry has sprung up to sell it. XPO Fund is one of the louder voices selling that story right now. Its website is slick, its plans sound generous, and its marketing leans hard on words like "industry's lowest fee" and "fast payouts." But before you reach for your card, there is one number sitting quietly on this firm's profile — a number it would rather you scroll past — that every experienced trader would beg you to look at first. And no, it is not the profit split. Let's pull XPO Fund apart piece by piece: what it actually is, who is real

Every broker with a marketing budget now slaps the letters "ECN" on its homepage. Few of them actually deliver what those letters promise. For a serious trader — a scalper, a day trader, an algo trader, anyone whose edge lives or dies on execution quality — the gap between a true ECN broker and a market maker wearing an ECN costume can quietly cost you hundreds of pips a year in slippage, requotes, and inflated spreads. So we cut through the marketing, looked at the brokers that genuinely offer raw pricing and deep liquidity, and cross-checked every one of them on WikiFX. Here are the six ECN accounts that actually earn the label in 2026 — ranked. First, a short primer, because understanding ECN is what lets you judge these brokers properly.

If you have been shopping around for a forex broker and landed on FX Novus and VCG Markets, you have stumbled onto a genuinely instructive pair. On the surface they look like cousins: both are relatively young, both wave around multi-asset trading and tight spreads, and both operate from the kind of offshore corners of the world that should make any beginner slow down. But dig into the data on WikiFX and the two part ways sharply. One carries active, screaming red flags. The other is merely standing in a yellow zone. Neither is what a cautious newcomer would call "safe" — but understanding how they differ is exactly the kind of lesson that protects your money. Let's put them head to head, decode the jargon along the way, and reach an honest verdict.

There are few feelings in trading more sickening than this one: you funded your account, you walked away confident your money was safe, and when you came back to check on it, the platform calmly informed you that your login details were wrong. Not your trades — your very identity, locked out. And on the other side of that login screen sits a balance you can no longer touch and a support team that has gone silent. That is the heart of a complaint filed against New Frontier on WikiFX. One trader reported depositing 40,500 pesos, returning to log in with the exact email and password they had registered, and being told the data was "incorrect" — which, in their words, meant their earnings had simply been taken. Customer service, they said, did not react. Let's look closely at this broker, what makes its profile so unsettling, and why verification here is not optional.