Compare Admiral Markets vs easyMarkets
What is Admiral Markets? What is easyMarkets?
Admiral Markets is a forex and CFD broker that offers online trading services for various financial instruments, such as currency pairs, stocks, indices, commodities, cryptocurrencies, bonds, and ETFs. Admiral Markets was founded in 2001 and is regulated by several authorities, including the UK’s FCA, Australia’s ASIC, Canada’s IIROC, and Cyprus’ CySEC. Admiral Markets has over 50,000 clients worldwide and provides access to multiple trading platforms, such as MetaTrader 4, MetaTrader 5, and MetaTrader Supreme Edition.
easyMarkets is a forex and CFD broker that offers online trading services for various financial instruments, such as currency pairs, metals, commodities, indices, cryptocurrencies, and options. easyMarkets was founded in 2001 and is regulated by several authorities, including Cyprus’ CySEC, Australia’s ASIC, and the British Virgin Islands’ FSC. easyMarkets has over 100,000 clients worldwide and provides access to its own proprietary trading platform, as well as MetaTrader 4.
Admiral Markets vs easyMarkets Regulation Comparison
Admiral Markets has a higher trust score than easyMarkets based on the number and quality of regulatory licenses they hold. Admiral Markets holds 4 global Tier-1 licenses (high trust), 2 global Tier-2 licenses (average trust), and 0 global Tier-3 licenses (low trust). easyMarkets holds 2 global Tier-1 licenses (high trust), 0 global Tier-2 licenses (average trust), and 1 global Tier-3 license (low trust).
Admiral Markets vs easyMarkets Trading Assets Comparison
Admiral Markets offers a wider range of trading assets than easyMarkets. Admiral Markets provides traders with 6,942 tradable symbols (total), including 80 forex pairs (e.g., EUR/USD), while easyMarkets provides traders with 199 tradable symbols (total), including 62 forex pairs (e.g., EUR/USD). Admiral Markets also offers U.S. and international stock trading (non CFD), while easyMarkets does not.
Admiral Markets vs easyMarkets Trading Fees Comparison
Admiral Markets and easyMarkets have different fee structures depending on the account type and trading platform chosen by the trader. Admiral Markets offers three types of accounts: Trade.MT4, Trade.MT5, and Zero.MT4/MT5. The Trade accounts have variable spreads starting from 0.5 pips for EUR/USD and no commissions, while the Zero accounts have variable spreads starting from 0 pips for EUR/USD and commissions of $3 per lot per side. Admiral Markets also charges a $10 monthly inactivity fee after 24 months of no trading activity.
easyMarkets offers two types of accounts: Standard and VIP. The Standard account has fixed spreads starting from 1 pip for EUR/USD and no commissions, while the VIP account has fixed spreads starting from 0.9 pips for EUR/USD and no commissions. easyMarkets also charges a $25 monthly inactivity fee after six months of no trading activity.
Admiral Markets vs easyMarkets Account Types Comparison
Admiral Markets and easyMarkets have different account types that cater to different levels of traders. Admiral Markets offers three types of accounts: Trade.MT4, Trade.MT5, and Zero.MT4/MT5. The Trade accounts have a minimum deposit of $100 and offer access to MetaTrader 4 or MetaTrader 5 platforms with over 3,000 trading instruments. The Zero accounts have a minimum deposit of $1,000 and offer access to MetaTrader 4 or MetaTrader 5 platforms with over 150 trading instruments.
easyMarkets offers two types of accounts: Standard and VIP. The Standard account has a minimum deposit of $100 and offers access to the easyMarkets platform or MetaTrader 4 platform with over 200 trading instruments. The VIP account has a minimum deposit of $2,000 and offers access to the easyMarkets platform or MetaTrader 4 platform with over 200 trading instruments.
Admiral Markets vs easyMarkets Deposit Options Comparison
Admiral Markets and easyMarkets offer similar deposit and withdrawal options for their clients. Both brokers accept credit/debit cards, bank wire transfers, e-wallets (such as Skrill, Neteller, PayPal), and local payment methods (such as Sofort, iDeal, Przelewy24).
Both brokers do not charge any fees for deposits or withdrawals, but some third-party fees may apply depending on the payment method used.
Admiral Markets vs easyMarkets Trading Platforms Comparison
Admiral Markets and easyMarkets offer different trading platforms for their clients. Admiral Markets offers access to MetaTrader 4, MetaTrader 5, and MetaTrader Supreme Edition platforms. MetaTrader 4 and MetaTrader 5 are popular and widely used platforms that offer advanced charting, technical analysis, automated trading, and custom indicators. MetaTrader Supreme Edition is an exclusive plugin for MetaTrader 4 and MetaTrader 5 that enhances the trading experience with additional features, such as a mini terminal, a trade terminal, a sentiment trader, a correlation matrix, and a global opinion widget.
easyMarkets offers access to its own proprietary platform and MetaTrader 4 platform. The easyMarkets platform is a user-friendly and intuitive platform that offers simple charting, risk management tools, deal cancellation, free guaranteed stop loss, fixed spreads, and no slippage. The easyMarkets platform also supports social trading and copy trading through the easyTrade feature.
Admiral Markets vs easyMarkets Analytical Tools Comparison
Admiral Markets and easyMarkets offer different analytical tools for their clients. Admiral Markets provides access to various tools, such as an economic calendar, a market sentiment indicator, a market heat map, a volatility protection service, a premium analytics portal, and a trading calculator. Admiral Markets also offers educational resources, such as webinars, seminars, articles, tutorials, courses, and ebooks.
easyMarkets provides access to various tools, such as an economic calendar, a market news feed, a financial commentary blog, a trading signals service, a market explorer tool, and a deal size calculator. easyMarkets also offers educational resources, such as videos, ebooks, articles, glossary, FAQs, and learning center.
Admiral Markets vs easyMarkets. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite and budget. However, I can give you some general advice on how to compare and rate forex brokers:
- Check their regulatory license and reputation. You want to trade with a broker that is authorized and regulated by reputable regulatory bodies, such as FCA, ASIC, CySEC, etc. You also want to avoid brokers with a history of fraud, fraud, or complaints from their customers.
- Compare trading assets and their fees. You want to trade with a broker that offers a wide range of trading instruments to suit your trading style and strategy. You also want to pay attention to spreads, commissions, swap rates, and other fees that can affect your profits.
- Check out their trading platforms and tools. You want to trade with a broker that offers reliable, fast and user-friendly trading platforms that have the features and functionality you need. You also want to use their analysis tools, such as charts, indicators, signals, news, etc. to help you make informed trading decisions.
- Review their account types and payment methods. You want to trade with a broker that offers flexible account types and suits your trading experience and capital. You also want to use convenient and secure payment methods for deposits and withdrawals.
- I hope these tips will help you compare and choose the best forex broker for you.
