Compare Admiral Markets vs RoboMarkets
What is Admiral Markets? What is RoboMarkets?
Admiral Markets is an online broker that offers trading services in forex, CFDs, stocks, ETFs, metals, energies and cryptocurrencies. It was founded in 2001 and is regulated by several authorities, including the UK’s FCA, Australia’s ASIC and Canada’s IIROC. It has offices in 18 countries and serves clients from over 130 countries. It provides various trading platforms, such as MetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition and MetaTrader WebTrader. It also offers educational and research resources, such as webinars, articles, videos, podcasts, trading signals and market analysis.
RoboMarkets is an online broker that offers trading services in forex, CFDs, stocks, ETFs, metals, energies and cryptocurrencies. It was founded in 2009 and is regulated by Cyprus’ CySEC and Belize’s IFSC. It has offices in Cyprus, Belarus and Germany and serves clients from over 170 countries. It provides various trading platforms, such as MetaTrader 4, MetaTrader 5, cTrader, R Trader and R WebTrader. It also offers educational and research resources, such as webinars, articles, videos, tutorials, trading signals and market analysis.
Admiral Markets vs RoboMarkets Regulation Comparison
| Regulatory Authority | Admiral Markets | RoboMarkets |
|---|---|---|
| UK’s FCA | Yes | No |
| Australia’s ASIC | Yes | No |
| Canada’s IIROC | Yes | No |
| Cyprus’ CySEC | Yes | Yes |
| Belize’s IFSC | No | Yes |
Admiral Markets vs RoboMarkets Trading Assets Comparison
| Trading Asset | Admiral Markets | RoboMarkets |
|---|---|---|
| Forex Pairs | 80 | 36 |
| CFDs (Total) | 6942 | 12000 |
| Stocks (Non CFD) | Yes | No |
| ETFs | Yes | Yes |
| Metals | Yes | Yes |
| Energies | Yes | Yes |
| Agriculturals | Yes | No |
| Cryptocurrencies (CFD) | Yes | Yes |
Admiral Markets vs RoboMarkets Trading Fees Comparison
The trading fees of both brokers depend on the account type, trading platform and market conditions. However, here are some general comparisons based on the most common account types:
- Spread: Admiral Markets offers variable spreads starting from 0.1 pips on its Zero.MT4 account and from 0.5 pips on its Trade.MT4 account. RoboMarkets offers variable spreads starting from 0 pips on its ECN-Pro account and from 1.3 pips on its Pro-Standard account.
- Commission: Admiral Markets charges a commission of $3 per lot per side on its Zero.MT4 account and no commission on its Trade.MT4 account. RoboMarkets charges a commission of $20 per million traded on its ECN-Pro account and no commission on its Pro-Standard account.
- Swap: Both brokers charge or pay swap fees for holding positions overnight, depending on the interest rate differential of the currency pair or asset traded.
- Other fees: Both brokers may charge other fees such as withdrawal fees, inactivity fees or conversion fees depending on the payment method or currency used.
Admiral Markets vs RoboMarkets Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. Here are some of the main features of each account type:
- Admiral Markets
- Trade.MT4: This is the standard account that offers access to over 4000 instruments on the MetaTrader 4 platform. It has a minimum deposit of $100 and supports micro lots trading. It has no commission but higher spreads than the Zero.MT4 account.
- Zero.MT4: This is the ECN account that offers access to over 60 instruments on the MetaTrader 4 platform. It has a minimum deposit of $1000 and supports micro lots trading. It has low spreads but a commission of $3 per lot per side.
- Invest.MT5: This is the investment account that offers access to over 4000 stocks and ETFs on the MetaTrader 5 platform. It has a minimum deposit of $1 and supports fractional share trading. It has no commission but a custody fee of 0.01% per month.
- Trade.MT5: This is the standard account that offers access to over 4000 instruments on the MetaTrader 5 platform. It has a minimum deposit of $100 and supports micro lots trading. It has no commission but higher spreads than the Zero.MT5 account.
- Zero.MT5: This is the ECN account that offers access to over 60 instruments on the MetaTrader 5 platform. It has a minimum deposit of $1000 and supports micro lots trading. It has low spreads but a commission of $3 per lot per side.
- RoboMarkets
- Pro-Standard: This is the standard account that offers access to over 12000 instruments on the MetaTrader 4, MetaTrader 5 or cTrader platforms. It has a minimum deposit of $10 and supports micro lots trading. It has no commission but higher spreads than the ECN-Pro account.
- ECN-Pro: This is the ECN account that offers access to over 12000 instruments on the MetaTrader 4, MetaTrader 5 or cTrader platforms. It has a minimum deposit of $100 and supports micro lots trading. It has low spreads but a commission of $20 per million traded.
- Prime: This is the premium account that offers access to over 12000 instruments on the MetaTrader 4 or MetaTrader 5 platforms. It has a minimum deposit of $5000 and supports standard lots trading. It has ultra-low spreads but a commission of $15 per million traded.
- R Trader: This is the proprietary account that offers access to over 12000 instruments on the R Trader platform. It has a minimum deposit of $100 and supports fractional share trading. It has no commission but a custody fee of 0.015% per month.
Admiral Markets vs RoboMarkets Deposit Options Comparison
Both brokers offer various deposit and withdrawal options, such as bank transfer, credit/debit card, e-wallets and cryptocurrencies. However, the availability, processing time and fees may vary depending on the country, currency and payment method used. Here are some of the main differences:
- Admiral Markets
- Offers free deposits and withdrawals for most payment methods, except for bank wire transfers which may incur fees from intermediary banks.
- Processes deposits instantly for most payment methods, except for bank wire transfers which may take up to 3 business days.
- Processes withdrawals within 24 hours for most payment methods, except for bank wire transfers which may take up to 3 business days.
- Supports multiple currencies, such as USD, EUR, GBP, CHF, AUD, CAD, NZD, PLN, SEK, NOK, SGD and CZK.
- RoboMarkets
- Offers free deposits for most payment methods, except for bank wire transfers which may incur fees from intermediary banks.
- Charges withdrawal fees for most payment methods, ranging from 1% to 2.6% depending on the payment method used.
- Processes deposits instantly for most payment methods, except for bank wire transfers which may take up to 5 business days.
- Processes withdrawals within 24 hours for most payment methods, except for bank wire transfers which may take up to 5 business days.
- Supports multiple currencies, such as USD, EUR, GBP, CHF, AUD, CAD, NZD, PLN, SEK, NOK and CZK.
Admiral Markets vs RoboMarkets Trading Platforms Comparison
Both brokers offer various trading platforms that cater to different trading needs and preferences. Here are some of the main features of each platform:
- Admiral Markets
- MetaTrader 4: This is the most popular and widely used trading platform in the forex industry. It offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors), market news and analysis.
- MetaTrader 5: This is the newer and more advanced version of MetaTrader 4. It offers more instruments, order types, timeframes, indicators and tools than MetaTrader 4. It also supports hedging and netting modes.
- MetaTrader Supreme Edition: This is an exclusive plugin for MetaTrader 4 and MetaTrader 5 that enhances the trading experience with additional features such as mini terminal, trade terminal, sentiment trader, correlation matrix, tick chart trader and more.
- MetaTrader WebTrader: This is a web-based version of MetaTrader 4 and MetaTrader 5 that allows traders to access their accounts from any browser without downloading or installing any software.
- RoboMarkets
- MetaTrader 4: This is the same platform as offered by Admiral Markets with similar features and functionality.
- MetaTrader 5: This is also the same platform as offered by Admiral Markets with similar features and functionality.
- cTrader: This is an alternative platform that offers a modern and user-friendly interface with advanced charting tools, technical indicators, automated trading
- cTrader: This is an alternative platform that offers a modern and user-friendly interface with advanced charting tools, technical indicators, automated trading systems (cBots), market depth and analysis.
- R Trader: This is a proprietary platform that offers access to over 12000 instruments, including stocks, ETFs, forex, CFDs and cryptocurrencies. It offers a simple and intuitive interface with advanced charting tools, technical indicators, trading signals, market news and analysis.
- R WebTrader: This is a web-based version of R Trader that allows traders to access their accounts from any browser without downloading or installing any software.
Admiral Markets vs RoboMarkets Analytical Tools Comparison
Both brokers offer various analytical tools to help traders make informed trading decisions. Here are some of the main tools available:
- Admiral Markets
- Premium Analytics: This is a comprehensive portal that provides access to exclusive market insights, analysis and signals from leading providers such as Trading Central, Dow Jones, Acuity and MTE-Media.
- Market Sentiment: This is a tool that shows the percentage of traders who are buying or selling a particular instrument, based on the data from Admiral Markets’ clients.
- Correlation Matrix: This is a tool that shows the correlation between different instruments, based on their price movements over a selected period of time.
- Volatility Protection: This is a feature that allows traders to set custom parameters for their orders, such as maximum slippage, partial fills, market range and more.
- RoboMarkets
- Trading Signals: This is a service that allows traders to copy the trades of other successful traders, based on their performance, risk level and strategy.
- RoboForex Analytics Center: This is a portal that provides access to various market analysis tools, such as charts, indicators, signals, calendars, calculators and more.
- R Strategy Builder: This is a tool that allows traders to create and test their own automated trading strategies, without any coding skills required.
- Cashback (Rebates): This is a feature that allows traders to receive a percentage of their trading fees back as cashback, depending on their trading volume and account type.
Admiral Markets vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal trading goals, preferences and risk appetite. However, here are some possible advantages and disadvantages of each broker:
- Admiral market:
- Pros: Strictly regulated, offers non-CFD stock trading, supports multiple currencies, offers free deposits and withdrawals, offers MetaTrader Supreme Edition plugin, offers a Premium Analytics portal , which provides Volatility Protection.
- Cons: Higher minimum deposit for ECN accounts, lower number of CFDs and forex pairs compared to RoboMarkets, depository fees for investment accounts, no spread betting or cTrader platform.
- RoboMarkets:
- Pros: Lower minimum deposit for ECN accounts, higher amount of CFDs and forex pairs compared to Admiral Markets, offers spread betting, cTrader and R Trader platforms, offers Trading Signals service , which provides the R Strategy Generator tool, which provides the Cashback (Discount) feature.
- Cons: Fewer regulations, doesn’t offer non-CFD stock trading, charges withdrawal fees for most payment methods, doesn’t support multiple currencies, doesn’t offer MetaTrader Supreme Edition plugin, no provides a premium Analytics portal, does not offer Volatility Protection.
Ultimately, the best way to decide which broker is more suitable for you is to test them out for yourself by opening a demo or real account and testing out their services and platforms. You can also read more reviews and feedback from other traders who have used these brokers before.
