Investment account with Admirals: Stock and ETF CFDs

Modified on Tue, 9 Sep at 5:42 PM

An investment account is a specialized account that allows individuals to invest in financial instruments, such as shares or exchange-traded funds (ETFs), and take advantage of tax benefits provided for in the Law on Personal Income Tax of the Republic of Lithuania. Using an investment account through Admirals, you can trade shares and ETFs CFDs (Contracts for Difference), and in certain cases, defer the payment of income tax until the moment of withdrawal of funds. Important: tax treatment depends on individual circumstances and product type, and should be verified with VMI or a tax advisor. In this article, we will discuss the features of an investment account, the declaration procedure and important information, based on information provided by the State Tax Inspectorate (STI).

What is an investment account?

An investment account is an account opened with a financial brokerage firm (FMF), bank, or other financial institution for investments in financial instruments, such as stocks, bonds, or ETFs. According to the legislation of the Republic of Lithuania, the profit of an investment account may be exempt from personal income tax if the funds are reinvested and not withdrawn from the account. Taxes are applied only when withdrawing funds exceeding the deposited amount.

On the Admirals platform, an Trade.MT5 type account allows you to trade speculative instruments CFDs on stocks and ETFs, which provide the opportunity to trade in market price changes without physically acquiring the asset. This provides flexibility, as CFDs allow you to earn from both price increases and decreases, as well as using leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Advantages of an investment account with Admirals

Tax benefits: According to the Law on Personal Income Tax of the Republic of Lithuania, profits received from an investment account can be deferred for tax purposes until the funds are withdrawn.

Flexibility in trading CFDs: CFDs on stocks and ETFs allow you to invest in a wide range of financial instruments, including international markets, without the need to purchase assets physically.

Leverage: Admirals offers the ability to use leverage, which allows you to increase your investment return or losses, but it is necessary to pay attention to the risks associated with leveraged trading.

Convenient platform: On the Admirals platform, you can manage your investment account, monitor the markets in real time and use analytical tools.

Investment account declaration

According to the information provided by the State Tax Inspectorate, the procedure for declaring an investment account is clearly regulated:

Account registration: An investment account must be declared to the State Tax Inspectorate by providing information about the account opened with a financial institution. This can be done through the My State Tax Inspectorate system by filling out the necessary documents.

Declaration procedure: According to the State Tax Inspectorate information notice, investment accounts are declared according to the established procedure, and profits are taxed only upon withdrawal of funds. The declaration process is described in the document "Information notice on the declaration of accounts held by the State Tax Inspectorate".

Annual declaration: Residents who have an investment account must submit an annual income tax declaration if taxable profit has been received. The State Tax Inspectorate provides a detailed explanation of the procedure for declaring an investment account in the document "Information notice on the approval of the procedure for declaring an investment account".

Automated information: VMI offers authenticated clients the opportunity to receive information about amounts due or overpayments by calling +370 5 260 5060, by selecting menu item 6.

How to open an investment account with Admirals?

Registration: Register on the Admirals Dashboard and provide the necessary personal documents for identity verification.

Account selection: Select an investment account for trading stocks and ETF CFDs.

Account funding: Deposit funds into your account, meeting the minimum deposit requirements.

Declaration to VMI: Register your investment account in the My VMI system, as specified in the VMI guidelines.

Trading: Use the tools of the Admirals platform to start trading stocks and ETF CFDs.

Important aspects

Risk: Trading CFDs involves significant risk, especially when using leverage. Before investing, make sure you understand the risks and have sufficient knowledge of the financial markets.

Tax advice: For accurate information on tax benefits and declaration procedures, it is recommended to contact VMI consultants by phone +370 5 260 5060 or via the My VMI system.

Updates: VMI regularly updates information on tax changes. For example, in 2025-2026. certain tax changes are expected that may affect investment accounts.

An investment account with Admirals is an attractive option for those who want to invest in stocks and ETF CFDs, taking advantage of tax benefits and a flexible trading platform. However, it is necessary to follow the declaration procedure established by the State Tax Inspectorate and regularly monitor tax news. More information about declaring an investment account can be found on the State Tax Inspectorate website: FAQ.

If you have additional questions or need assistance opening an investment account, please contact the Admirals customer service team or State Tax Inspectorate consultants.

For individual situations or detailed tax issues, it is recommended to consult with financial or tax specialists.