Admiral Markets is a trading platform for forex, contracts for difference (CFDs) and foreign exchange transactions across various financial markets. It was established in 2001 and is regulated by the UK, Estonia, Cyprus and Australia. It offers MetaTrader as its trading software and allows clients to trade or invest in over 8,000 instruments, including forex, indices, stocks, commodities, bonds, ETFs and cryptocurrencies.
SimpleFX is a free trading and investing app that allows users to trade and stake with no fees and no minimum deposits. It was launched in 2014 and is registered in Saint Vincent and the Grenadines. It offers its own web-based platform and mobile apps for trading over 200 instruments, including forex, indices, stocks, commodities and cryptocurrencies. It also features a social trading network where users can share their trading ideas and earn revenue share.
Admiral Markets vs SimpleFX Regulation Comparison
Broker
Regulator
License Number
Admiral Markets
Financial Conduct Authority (UK)
595450
Estonian Financial Supervision Authority
10932555
Cyprus Securities and Exchange Commission
201/13
Australian Securities and Investments Commission
410681
SimpleFX
Financial Services Authority (Saint Vincent and the Grenadines)
21380042B8QJ87V4HA89
Admiral Markets vs SimpleFX Trading Assets Comparison
Broker
Forex
Indices
Stocks
Commodities
Bonds
ETFs
Cryptocurrencies
Admiral Markets
80 CFDs on currency pairs
43 CFDs on indices, including cash CFDs and index futures
3000+ share CFDs, plus thousands of shares to invest in
CFDs on metals, energies and agriculture commodities
US Treasuries and Germany Bund CFDs
370+ ETF CFDs, plus hundreds of ETFs to invest in
CFDs on Bitcoin, Dash, Ether, Litecoin, Monero and more
SimpleFX
60+ currency pairs
15+ major indices
100+ popular stocks from US, UK, Germany and more
CFDs on gold, silver, oil and gas
N/A
N/A
CFDs on Bitcoin, Ethereum, Litecoin, Ripple and more
Admiral Markets vs SimpleFX Trading Fees Comparison
Broker
Spreads
Commissions
Swap Rates
Admiral Markets
Variable spreads from 0.6 pips (EURUSD) on Trade.MT4/MT5 accounts; fixed spreads from 3 pips (EURUSD) on Zero.MT4/MT5 accounts; market spreads from $0.01 per share on Invest.MT5 account
No commissions on Trade.MT4/MT5 accounts; $1.8-$3 per lot per side on Zero.MT4/MT5 accounts; no commissions on Invest.MT5 account
Swap rates depend on the instrument, account type and market conditions
SimpleFX
Variable spreads from 0.1 pips (EURUSD) on all accounts
No commissions on all accounts
Swap rates depend on the instrument, account type and market conditions
Admiral Markets vs SimpleFX Account Types Comparison
Broker
Account Types
Admiral Markets
Trade.MT4: Standard account for trading forex and CFDs with variable spreads and no commissions; minimum deposit $100; leverage up to 1:500 Trade.MT5: Similar to Trade.MT4 but with access to more instruments; minimum deposit $100; leverage up to 1:500 Zero.MT4: ECN account for trading forex and CFDs with tight spreads and low commissions; minimum deposit $100; leverage up to 1:500 Zero.MT5: Similar to Zero.MT4 but with access to more instruments; minimum deposit $100; leverage up to 1:500 Invest.MT5: Account for investing in stocks and ETFs with market spreads and no commissions; minimum deposit $1; leverage up to 1:5
SimpleFX
Standard Account: Account for trading all instruments with variable spreads and no commissions; no minimum deposit; leverage up to 1:500 Shoutbox Account: Account for sharing trading ideas and earning revenue share from referrals; no minimum deposit; leverage up to 1:500
Admiral Markets vs SimpleFX Deposit Options Comparison
Bank transfer, credit/debit card, Skrill, Neteller
SimpleFX
Bank transfer, credit/debit card, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Monero, Tether, USDC, Binance Coin, Chainlink and more
Bank transfer, credit/debit card, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Monero, Tether, USDC, Binance Coin, Chainlink and more
Admiral Markets vs SimpleFX Trading Platforms Comparison
Broker
Trading Platforms
Admiral Markets
MetaTrader 4: The most popular trading platform for forex and CFDs with advanced charting tools and automated trading features; available for Windows and Mac MetaTrader 5: The latest version of MetaTrader with more instruments, indicators and order types; available for Windows and Mac MetaTrader WebTrader: A web-based version of MetaTrader that runs on any browser without installation MetaTrader Supreme Edition: A plugin for MetaTrader 4 and 5 that adds more features such as market sentiment analysis, trading simulator and mini terminal Admirals Mobile App: A mobile app for iOS and Android devices that allows access to trading accounts, market news and analysis
SimpleFX
SimpleFX WebTrader: A web-based platform that offers a user-friendly interface, fast execution and social trading features; compatible with any device and browser SimpleFX Mobile App: A mobile app for iOS and Android devices that allows access to trading accounts, market news and analysis
Admiral Markets vs SimpleFX Analytical Tools Comparison
Broker
Analytical Tools
Admiral Markets
Premium Analytics: A portal that provides access to market news, analysis and signals from Trading Central, Dow Jones Newswires and Acuity Trading Economic Calendar: A tool that displays the upcoming economic events and their impact on the markets Forex Calculator: A tool that calculates the margin, pip value and swap fees for different instruments and account types Trading Blog: A blog that covers various topics related to trading education, strategies and psychology
SimpleFX
Trading Ideas: A social network where users can share their trading ideas and earn revenue share from referrals News TV: A live stream of market news and analysis from various sources Economic Calendar: A tool that displays the upcoming economic events and their impact on the markets Trading Blog: A blog that covers various topics related to trading education, strategies and psychology
Admiral Markets vs SimpleFX. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals and risk appetite. However, there are a few factors you can consider:
Regulation: Admiral Markets is regulated by four reputable authorities, while SimpleFX is registered in an offshore jurisdiction. This means that Admiral Markets can provide more protection and security for your funds and trading, while SimpleFX can have less oversight and accountability.
Trading assets: Admiral Markets offers a wider range of trading instruments, including bonds and ETFs, while SimpleFX focuses primarily on forex and cryptocurrencies. This means that Admiral Markets can offer more opportunities and diversification for different market conditions, while SimpleFX can appeal to traders who prefer to specialize in certain assets.
Trading Fees: Admiral Markets has different account types with different fee structures, while SimpleFX has a uniform fee policy and no commissions. This means that Admiral Markets can offer more flexibility and transparency for different trading styles and volumes, while SimpleFX can offer greater simplicity and cost savings to all traders. traders.
Trading Platform: Admiral Markets uses MetaTrader as its trading software, which is a well-known and widely used platform with a wide range of features and tools. SimpleFX has its own web platform and mobile app, which is easy to use and has social trading features. This means that Admiral Markets can offer more functionality and reliability to advanced traders, while SimpleFX can offer more convenience and interactivity to beginner traders. .
Analytics Tools: Admiral Markets provides access to premium analytics from third-party providers, while SimpleFX has its own social network where users can share their trading ideas. This means that Admiral Markets can provide more professional and objective insights into the markets, while SimpleFX can provide more peer-to-peer interaction and learning.
Ultimately, the best forex broker for you is the one that meets your needs and expectations. You can try both brokers on their demo accounts to get a feel for their services and platforms before making a decision.
