Compare Admiral Markets vs AvaTrade
What is Admiral Markets? What is AvaTrade?
Admiral Markets is a leading Forex and CFD broker that offers the MT4 and MT5 platforms, low fees and extensive educational tools. It was founded in 2001 and is regulated by the FCA, CySEC, ASIC and JSC. It has over 1250 financial instruments, including Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds and spread betting. It also offers copy trading, STP and DMA accounts, and Trading Central analysis.
AvaTrade is a leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. It offers multiple trading platforms, including MT4, MT5, Web Trader, Mobile App, Vanilla Options and Social Trading. It has over 1000 tradable instruments, including stocks, options, CFDs, forex, crypto and volatility index. It also offers auto trading with API integration into numerous platforms, Avatrader app for copy trading, and negative balance protection.
Admiral Markets vs AvaTrade Regulation Comparison
- Both brokers are highly trusted and regulated by multiple tier-1 authorities. However, Admiral Markets has one more tier-2 license than AvaTrade. Here is a table comparing their regulation status:
| Tier-1 Licenses (High Trust) | AvaTrade | Admiral Markets |
|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes |
| Canada (CIRO Authorised) | Yes | Yes |
| CBI Authorised (Ireland) | Yes | No |
| Japan (SFC Authorised) | Yes | No |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes |
| Tier-2 Licenses (Average Trust) | AvaTrade | Admiral Markets |
|---|---|---|
| Cyprus (CySEC Authorised) | Yes | Yes |
| Israel (ISA Authorised) | Yes | No |
| South Africa (FSCA Authorised) | Yes | No |
| UAE (DFSA/Central Bank Authorised) | Yes | No |
Admiral Markets vs AvaTrade Trading Assets Comparison
Both brokers offer a wide range of trading assets, but Admiral Markets has more than AvaTrade. Here is a list of the main asset classes and the number of tradeable symbols for each broker:
- Forex: AvaTrade has 55 forex pairs, while Admiral Markets has 50.
- Stocks: AvaTrade has 99 stocks CFDs and options, while Admiral Markets has 3860 stocks CFDs and spread betting.
- Indices: AvaTrade has 19 indices CFDs and options, while Admiral Markets has 42 indices CFDs and spread betting.
- Commodities: AvaTrade has 17 commodities CFDs and options, while Admiral Markets has 32 commodities CFDs and spread betting.
- Cryptocurrencies: AvaTrade has 14 cryptocurrencies CFDs and options, while Admiral Markets has 32 cryptocurrencies CFDs.
- ETFs: AvaTrade does not offer ETFs, while Admiral Markets has 380 ETFs CFDs and spread betting.
- Bonds: AvaTrade does not offer bonds, while Admiral Markets has 2 bonds CFDs.
- Volatility Index: AvaTrade offers the VIX as a CFD and an option, while Admiral Markets does not offer it.
Admiral Markets vs AvaTrade Trading Fees Comparison
Both brokers have low spreads and zero commissions on most of their accounts. However, Admiral Markets has lower spreads on average than AvaTrade. Here is a table comparing their average spreads for some of the most popular instruments:
| Instrument | AvaTrade Average Spread | Admiral Markets Average Spread |
|---|---|---|
| EUR/USD | 0.9 pips | 0.6 pips |
| GBP/USD | 1.6 pips | 1.3 pips |
| USD/JPY | 1.1 pips | 0.9 pips |
| Gold | $0.34 per ounce | $0.25 per ounce |
| Oil | $0.03 per barrel | $0.02 per barrel |
| Bitcoin | $30 per coin | $25 per coin |
Additionally, AvaTrade charges a monthly inactivity fee of $50 after three months of no trading activity, while Admiral Markets charges $10 after 24 months of inactivity.
Admiral Markets vs AvaTrade Account Types Comparison
Both brokers offer different types of accounts to suit different trading styles and preferences. Here is a list of the main account types and their features for each broker:
- AvaTrade:
- Standard Account: Minimum deposit of $100, variable spreads, leverage up to 400:1, MT4, MT5 and Web Trader platforms, access to all instruments, negative balance protection, 20% welcome bonus in some countries.
- Professional Account: Minimum deposit of $1000, variable spreads, leverage up to 400:1, MT4, MT5 and Web Trader platforms, access to all instruments, negative balance protection, dedicated account manager, free express withdrawals, higher trading limits.
- Options Account: Minimum deposit of $1000, fixed spreads, leverage up to 100:1, AvaOptions platform, access to forex and commodities options, negative balance protection, dedicated account manager, free express withdrawals.
- Islamic Account: Minimum deposit of $100, variable spreads, leverage up to 400:1, MT4, MT5 and Web Trader platforms, access to all instruments except cryptocurrencies and options, negative balance protection, swap-free trading.
- Admiral Markets:
- Trade.MT4 Account: Minimum deposit of $100, variable spreads from 0.5 pips, commission-free trading, leverage up to 500:1, MT4 platform, access to forex, metals and CFDs on indices and commodities.
- Trade.MT5 Account: Minimum deposit of $100, variable spreads from 0.6 pips, commission-free trading, leverage up to 500:1, MT5 platform, access to forex and CFDs on metals, indices, commodities and stocks.
- Zero.MT4 Account: Minimum deposit of $1000, variable spreads from 0 pips, commission of $3 per lot per side, leverage up to 500:1, MT4 platform, access to forex and CFDs on metals and indices.
- Zero.MT5 Account: Minimum deposit of $1000, variable spreads from 0 pips, commission of $3 per lot per side or $0.01 per share for stocks CFDs or spread betting (UK only), leverage up to 500:1 (30:1 for stocks CFDs or spread betting), MT5 platform, access to forex and CFDs on metals and indices.
- Invest.MT5 Account: Minimum deposit of $1 (€1 for EU clients), no spreads or commissions (broker fee applies), no leverage (margin requirement is equal to the value of the position), MT5 platform (desktop only), access to real stocks and ETFs.
Admiral Markets vs AvaTrade Deposit Options Comparison
Both brokers offer a variety of payment methods for deposits and withdrawals. However, AvaTrade has more options than Admiral Markets. Here is a table comparing their payment methods:
| Payment Method | AvaTrade | Admiral Markets |
|---|---|---|
| Credit/Debit Card | Yes | Yes |
| Bank Wire Transfer | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
| WebMoney | Yes | No |
| Perfect Money | Yes | No |
| FasaPay | Yes | No |
| JCB Card | Yes | No |
| MoneyGram | Yes | No |
| Western Union | Yes | No |
| Boleto | Yes | No |
| iDeal | No | Yes |
| Klarna | No | Yes |
| POLi | No | Yes |
| Sofort | No | Yes |
Both brokers allow two free withdrawals per month. However, AvaTrade charges a withdrawal fee of $25 for wire transfers and $5 for other methods if the withdrawal amount is less than the deposited amount. Admiral Markets does not charge any withdrawal fees.
Admiral Markets vs AvaTrade Trading Platforms Comparison
Both brokers offer the popular MetaTrader 4 and MetaTrader 5 platforms as well as their own web-based and mobile platforms. However, AvaTrade has more platform options than Admiral Markets. Here is a list of the main platform features for each broker:
- AvaTrade:
- MetaTrader 4: The most widely used forex trading platform in the world. It offers advanced charting tools, custom indicators and expert advisors (EAs), automated trading strategies and signals service.
- MetaTrader 5: The upgraded version of MT4 with more features and instruments. It offers more timeframes and order types, depth of market view (DOM), economic calendar and news feed integration.
- Web Trader: A web-based platform that does not require any download or installation. It offers a user-friendly interface with customizable charts and indicators.
- Mobile App: A mobile version of the Web Trader that is compatible with iOS and Android devices. It offers full trading functionality with push notifications and alerts.
- AvaOptions: A proprietary platform that allows trading forex and commodities options with various strategies. It offers a risk management tool, live charts and analysis, and a simulator mode.Avatrader: A proprietary platform that allows auto trading with API integration into numerous platforms, including MetaTrader 4, Duplitrade and MQL5. It also offers social trading with the AvaSocial app, where traders can copy and follow other traders.Vanilla Options: A platform that allows trading vanilla options on forex, commodities and indices. It offers flexible expiration dates, strike prices and payouts.
- Admiral Markets:
- MetaTrader 4: The same as AvaTrade’s MT4, but with some additional features, such as Trading Central analysis, market sentiment widget, and volatility protection settings.
- MetaTrader 5: The same as AvaTrade’s MT5, but with some additional features, such as Trading Central analysis, market sentiment widget, volatility protection settings, and spread betting (UK only).
- Web Trader: A web-based version of MT4 and MT5 that does not require any download or installation. It offers a user-friendly interface with customizable charts and indicators.
- Mobile App: A mobile version of MT4 and MT5 that is compatible with iOS and Android devices. It offers full trading functionality with push notifications and alerts.
Admiral Markets vs AvaTrade Analytical Tools Comparison
Both brokers offer various analytical tools to help traders make informed decisions. However, Admiral Markets has more tools than AvaTrade. Here is a list of the main analytical tools for each broker:
- AvaTrade:
- Economic Calendar: A tool that shows the upcoming economic events and their impact on the markets.
- Market News: A tool that provides the latest market news and analysis from various sources.
- Trading Calculator: A tool that helps traders calculate their margin, profit, loss, swap and pip value for different instruments and account types.
- Sharp Trader: A tool that provides educational content, videos, articles and daily analysis from professional traders.
- Admiral Markets:
- Economic Calendar: The same as AvaTrade’s economic calendar, but with more filters and details.
- Market News: The same as AvaTrade’s market news, but with more sources and categories.
- Trading Calculator: The same as AvaTrade’s trading calculator, but with more options and parameters.
- Sharp Trader: The same as AvaTrade’s Sharp Trader, but with more content and features.
- Trading Central: A tool that provides technical analysis, signals, indicators and strategies from a leading provider of market research.
- Market Sentiment Widget: A tool that shows the percentage of buyers and sellers for different instruments in real time.
- Volatility Protection Settings: A tool that allows traders to adjust their order execution settings to avoid slippage and price gaps in volatile markets.
Admiral Markets vs AvaTrade. Which forex broker is better? Which forex broker should you choose?
Both brokers have pros and cons. Ultimately, the best forex broker for you depends on your personal preferences, trading style, goals and needs. Here are some factors to consider when choosing a forex broker:
- Regulation: You should choose a broker that is regulated by reputable authorities in your jurisdiction, as this ensures the safety of your funds and the fairness of the trading conditions.
- Trading Assets: You should choose a broker that offers a wide range of trading assets to suit your preferences and strategies. You may also want to diversify your portfolio with different asset classes, such as stocks, commodities, cryptocurrencies, and options.
- Trading Fees: You should choose a broker with low spreads and commissions, as this reduces your trading costs and increases your profits. You should also be aware of any hidden fees, such as inactivity, withdrawal or conversion fees.
- Trading Platform: You should choose a broker that offers a reliable, user-friendly and feature-rich trading platform that meets your needs and preferences. You may also want to use multiple platforms, such as a web-based, desktop or mobile platform, or an automated or social trading platform.
- Analytical Tools: You should choose a broker that offers a variety of analytical tools to help you make informed trading decisions. These can include market news, economic calendars, trading calculators, technical analysis, signals, indicators and strategies.
- Customer support: You should choose a broker that offers responsive, professional, and multilingual customer support through various channels, such as phone, email, live chat or network society. You should also check the availability and quality of support.
Based on these factors, you may find that one broker is more suitable for you than the other. However, you can also try both brokers by opening a demo account with each broker and testing their services for yourself. This way you can compare them in real time and see which one you prefer.
