Compare Admiral Markets vs FXTM
What is Admiral Markets? What is FXTM?
Admiral Markets is a forex and CFD broker that offers trading on various instruments, such as currency pairs, indices, stocks, commodities, cryptocurrencies, ETFs and bonds. It was founded in 2001 and is regulated by several authorities, including the FCA, CySEC, ASIC and JSC. It provides the MT4 and MT5 trading platforms, as well as educational resources and analytical tools.
FXTM is also a forex and CFD broker that offers trading on over 1000 financial assets, such as forex, commodities, indices, stocks and stock baskets. It was founded in 2011 and is regulated by the FCA, CySEC and FSCA. It also provides the MT4 and MT5 trading platforms, as well as a mobile app, copy trading service and market research.
Admiral Markets vs FXTM Regulation Comparison
Both brokers are regulated by reputable authorities in different jurisdictions. Here is a table that compares their regulatory licenses:
Broker | Regulatory License |
---|---|
Admiral Markets | FCA (UK), CySEC (Cyprus), ASIC (Australia), JSC (Jordan) |
FXTM | FCA (UK), CySEC (Cyprus), FSCA (South Africa) |
Admiral Markets vs FXTM Trading Assets Comparison
Both brokers offer a wide range of trading instruments, but FXTM has more variety and quantity than Admiral Markets. Here is a table that compares their trading assets:
Broker | Trading Assets |
---|---|
Admiral Markets | Forex (45 pairs), Metals (3), Indices (10), Energies (3), Cryptocurrencies (32), Stocks (4000+), ETFs (380+), Bonds (2) |
FXTM | Forex (62 pairs), Metals (5), Indices (11), Energies (3), Cryptocurrencies (4), Stocks (120+), Stock Baskets (7) |
Admiral Markets vs FXTM Trading Fees Comparison
Both brokers charge different fees depending on the account type and trading instrument. Here is a table that compares their average spreads for some popular instruments:
Broker | EUR/USD | XAU/USD | BTC/USD |
---|---|---|---|
Admiral Markets | From 0 pips (Zero account) to 1.5 pips (Trade account) | From 18 pips (Zero account) to 25 pips (Trade account) | From 15 USD (Zero account) to 25 USD (Trade account) |
FXTM | From 0 pips (ECN account) to 1.9 pips (Standard account) | From 9 pips (ECN account) to 36 pips (Standard account) | From 20 USD (ECN account) to 40 USD (Standard account) |
Both brokers also charge commissions for some account types and instruments, as well as swap fees for holding positions overnight.
Admiral Markets vs FXTM Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. Here is a table that compares their main account types:
Broker | Account Types |
---|---|
Admiral Markets | Zero.MT4, Zero.MT5, Trade.MT4, Trade.MT5, Invest.MT5 |
FXTM | Standard, Cent, ECN, ECN Zero, Pro |
The main differences between the account types are the minimum deposit, the maximum leverage, the spread type, the commission structure and the available instruments.
Admiral Markets vs FXTM Deposit Options Comparison
Both brokers offer various payment methods for depositing and withdrawing funds from their accounts. Here is a table that compares their payment options:
Broker | Payment Options |
---|---|
Admiral Markets | Credit/Debit Cards, Bank Wire Transfer, Skrill, Neteller, PayPal, Klarna, iDeal, POLi |
FXTM | Credit/Debit Cards, Bank Wire Transfer, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, Yandex Money, Bitcoin |
Both brokers do not charge any fees for deposits or withdrawals, but some payment providers may charge their own fees.
Admiral Markets vs FXTM Trading Platforms Comparison
Both brokers provide the popular MetaTrader 4 and MetaTrader 5 trading platforms for desktop and mobile devices. These platforms offer advanced charting tools, technical indicators, automated trading, market news and more. Both brokers also offer web-based versions of the platforms that can be accessed from any browser.
In addition, FXTM offers a mobile app called FXTM Trader, which allows users to trade on the go, manage their accounts, access market analysis and more. FXTM also offers a copy trading service called FXTM Invest, which allows users to follow and copy the trades of successful investors
Admiral Markets vs FXTM Analytical Tools Comparison
Both brokers offer various analytical tools and resources to help their clients make informed trading decisions. Here is a table that compares their analytical tools:
Broker | Analytical Tools |
---|---|
Admiral Markets | Market Sentiment, Trading Calculator, Volatility Protection, Economic Calendar, Webinars, Articles, Videos |
FXTM | Market Sentiment, Trading Signals, Forex News Timeline, Economic Calendar, Webinars, Articles, Videos |
Both brokers also offer customer support via phone, email and live chat in multiple languages.
Admiral Markets vs FXTM. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker It depends on your personal preferences, trading goals, risk appetite, budget and level of experience. Both Admiral Markets and FXTM are reputable and regulated brokers offering a wide range of instruments, platforms, account types and trading instruments. However, they also have some differences that may appeal to different types of traders.
For example, if you are looking for more trading assets, lower spreads, higher leverage, copy trading and mobile apps, then you may prefer FXTM. On the other hand, if you are looking for more cryptocurrencies, ETFs, bonds, spread betting and PayPal as a payment option, then you may prefer Admiral Markets.
In the end, the best way to decide which broker is better for you is to experiment for yourself. You can open a demo account with both brokers and test their services and features without risking real money. You can also compare their live accounts and see which one suits your needs and expectations better. You can also read online reviews and feedback from other traders who have used both brokers and learned from their experiences.