Why choose Admirals (Admiral Markets)
Admirals (Admiral Markets) is a global forex and CFD broker, which is regulated by several authorities, including the top-tier FCA in the UK and ASIC in Australia.
It charges low forex CFD fees. Deposit and withdrawal are fast and mostly free, and multiple options are available including bank cards and electronic wallets. Account opening is also fast and user-friendly.
On the negative side, Admirals has a limited product portfolio as it mostly offers CFDs; real stocks and ETFs are available only to some clients. Customer support is not available 24/7, and there is an inactivity fee.
BrokerChooser gave Admirals (Admiral Markets) a 4.5/5 rating based on analyzing 600+ criteria and testing via opening a live account.
- Low forex CFD fees
- Free and fast deposit and withdrawal
- Straightforward account opening
80% of retail CFD accounts lose money
Fees
- Low trading fees
- No withdrawal fee
We compared Admirals (Admiral Markets)'s fees with two similar brokers we selected, Tickmill and XM. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Admirals (Admiral Markets) alternatives.
Low FX fees
Admirals (Admiral Markets) charges a forex commmission: $3.00 commission per lot per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.1.
Broker | EURUSD spread | FX commission per lot |
---|---|---|
Admirals (Admiral Markets) | 0.1 | $3.00 commission per lot per trade |
Tickmill | 0.2 | $2.00 commission per lot per trade |
XM | 0.1 | $3.50 commission per lot per trade on XM Zero accounts |
Low index CFD fees
All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 0.4.
Broker | S&P 500 CFD spread |
---|---|
Admirals (Admiral Markets) | 0.4 |
Tickmill | 0.4 |
XM | 0.5 |
Low stock CFD fees
The commission for stock CFD trading is the following: $0.02 per share with $1 min.
Broker | Apple CFD |
---|---|
Admirals (Admiral Markets) | $1.1 |
Tickmill | - |
XM | $1.6 |
Low inactivity fee, low withdrawal fee
There is no account fee, and no deposit or withdrawal fee for bank transfers or credit card and e-wallet transfers.
However, there is a monthly €10 inactivity fee after 2 years of inactivity. It's charged only if the account balance is greater than zero.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
Admirals (Admiral Markets) | $0 | |
Tickmill | $0 | |
XM | $0 |
Safety
- Majority of clients belong to a top-tier financial authority
- Listed on stock exchange
- Negative balance protection
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
- No deposit fee
Account opening
- Fast
- Fully digital
- Low minimum deposit
Mobile app
- User-friendly
- Two-step (safer) login
- Good search function
Desktop platform
- Clear fee report
- Good customizability (for charts, workspace)
- Price alerts