Compare Admiral Markets vs MTrading
What is Admiral Markets? What is MTrading?
Admiral Markets is a leading Forex and CFD broker that offers the MT4 and MT5 platforms, low fees and extensive educational tools. It is regulated by the FCA, CySEC, ASIC and JSC, and offers over 8,000 instruments across various asset classes, including forex, indices, shares, commodities, cryptocurrencies, ETFs and bonds. It also offers spread betting for UK clients, copy trading and social trading features, and access to analytical tools such as Trading Central.
MTrading is a Forex and CFD broker that offers the MT4 platform, competitive spreads and commissions, and a range of trading instruments, including forex, metals, indices, commodities and cryptocurrencies. It is regulated by the IFSC in Belize, and offers negative balance protection, swap-free accounts and VPS hosting.
Admiral Markets vs MTrading Regulation Comparison
| Broker | Regulator | License Number | Compensation Scheme |
|---|---|---|---|
| Admiral Markets | FCA (UK) | 595450 | Up to £85,000 per eligible client |
| CySEC (Cyprus) | 201/13 | Up to €20,000 per eligible client | |
| ASIC (Australia) | 410681 | No compensation scheme | |
| JSC (Jordan) | 50248 | No compensation scheme | |
| MTrading | IFSC (Belize) | IFSC/60/270/TS/14 | No compensation scheme |
Admiral Markets vs MTrading Trading Assets Comparison
| Broker | Forex Pairs | Metals | Indices | Commodities | Cryptocurrencies |
|---|---|---|---|---|---|
| Admiral Markets | 45+ | 47 | 40 | 32 | 42 |
| MTrading | 30+ | 4 | 11 | 6 | 5 |
Admiral Markets vs MTrading Trading Fees Comparison
Both brokers charge variable spreads and commissions depending on the account type and instrument traded. However, Admiral Markets generally offers lower spreads and commissions than MTrading.
For example, on the Trade.MT5 account type (the most popular one), Admiral Markets charges an average spread of 0.5 pips on EUR/USD and no commission, while MTrading charges an average spread of 2 pips on EUR/USD and a commission of $7 per lot round turn.
On the Zero.MT5 account type (the most competitive one), Admiral Markets charges an average spread of 0 pips on EUR/USD and a commission of $1.8 to $3 per lot round turn depending on the monthly volume, while MTrading charges an average spread of 0.2 pips on EUR/USD and a commission of $7 per lot round turn.
Therefore, Admiral Markets has a clear advantage over MTrading in terms of trading fees.
Admiral Markets vs MTrading Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. However, Admiral Markets has more account options than MTrading.
Admiral Markets offers three account types for both the MetaTrader 4 and MetaTrader 5 platforms: Trade.MT4/MT5 (the most popular one), Invest.MT5 (for investing in stocks and ETFs), and Zero.MT4/MT5 (the most competitive one).
MTrading offers only two account types for the MetaTrader 4 platform: Standard (the most popular one) and Pro (the most competitive one).
Therefore, Admiral Markets has a clear advantage over MTrading in terms of account types variety.
Admiral Markets vs MTrading Deposit Options Comparison
Both brokers offer similar deposit and withdrawal options for their clients. They both accept credit/debit cards, bank transfers, e-wallets (such as Skrill, Neteller, and PayPal), and local payment methods (such as Klarna, Sofort, and iDeal).
However, Admiral Markets has a lower minimum deposit requirement than MTrading. Admiral Markets requires a minimum deposit of $100 for most account types, except for the Invest.MT5 account which requires only $1. MTrading requires a minimum deposit of $100 for both account types.
Therefore, Admiral Markets has a slight advantage over MTrading in terms of deposit and withdrawal options.
Admiral Markets vs MTrading Trading Platforms Comparison
Both brokers offer the MetaTrader 4 platform, which is one of the most popular and widely used trading platforms in the industry. It has a user-friendly interface, advanced charting and analysis tools, custom indicators and expert advisors, and supports automated trading.
However, Admiral Markets also offers the MetaTrader 5 platform, which is the newer and more advanced version of MetaTrader 4. It has more features and functionalities than MetaTrader 4, such as more timeframes, more order types, more indicators and tools, a built-in economic calendar, and access to more markets (such as stocks and ETFs).
Therefore, Admiral Markets has a clear advantage over MTrading in terms of trading platforms.
Admiral Markets vs MTrading Analytical Tools Comparison
- Both brokers offer some analytical tools to help their clients with their trading decisions. However, Admiral Markets offers more and better tools than MTrading.
- Admiral Markets provides its clients with the following tools:
- MetaTrader Supreme Edition: an exclusive add-on for MetaTrader 4 and MetaTrader 5 that enhances the trading experience with over 60 additional features, such as advanced order management, mini terminal, trade terminal, sentiment trader, correlation matrix, market manager, alarm manager, session map, tick chart trader, trading simulator, and more.
- Trading Central: a leading provider of technical analysis and market insights that offers actionable trading ideas, market commentary, indicators, newsletters, webinars, and more.
- Market News & Analysis by Dow Jones: a premium news service that delivers real-time market updates, economic data releases, earnings reports, analyst ratings, and more.
- Economic Calendar: a comprehensive tool that displays all the important economic events and indicators that affect the financial markets.
- Volatility Protection Settings: a set of advanced order settings that allow clients to control their slippage risk and avoid price gaps.
- MTrading provides its clients with the following tools:
- Trading Signals: a service that allows clients to copy the trades of other successful traders on the MetaTrader 4 platform.
- Social Trading: a feature that allows clients to interact with other traders on the MTrading community and share their trading ideas and strategies.
- Market News: a section that provides daily market updates and analysis on various topics and instruments.
- Therefore, Admiral Markets has a clear advantage over MTrading in terms of analytical tools.
Admiral Markets vs MTrading. Which forex broker is better? Which forex broker should you choose?
Ultimately, Admiral Markets is a better forex broker than MTrading in terms of regulation, security, trading assets, trading fees, account types, trading platforms and analytical tools. However, the final choice depends on your personal preferences and trading goals. You should consider factors such as your trading style, risk appetite, budget, level of experience and educational needs when choosing a forex broker. You can also try out their demo account to test their service and platform before opening a real account.
