Compare Admiral Markets vs Weltrade
What is Admiral Markets? What is Weltrade?
Admiral Markets is a global online broker that offers trading services in forex, CFDs, stocks, ETFs, commodities, and cryptocurrencies.
Weltrade is an online broker that specializes in forex and CFD trading, with over 50 currency pairs and 30 CFDs available.
Admiral Markets vs Weltrade Regulation Comparison
Admiral Markets is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Australian Securities and Investments Commission (ASIC) in Australia, and the Estonian Financial Supervision Authority (EFSA) in Estonia.
Weltrade is regulated by the International Financial Services Commission (IFSC) in Belize and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.
Admiral Markets vs Weltrade Trading Assets Comparison
Admiral Markets offers over 4,000 trading instruments, including over 40 forex pairs, over 3,000 CFDs on stocks, indices, commodities, bonds, and cryptocurrencies, as well as spot metals and futures contracts.
Weltrade offers over 80 trading instruments, including over 50 forex pairs, over 30 CFDs on indices, commodities, and cryptocurrencies, as well as spot metals.
Admiral Markets vs Weltrade Trading Fees Comparison
Admiral Markets charges variable spreads and commissions depending on the account type and the trading instrument. The average spread for EUR/USD is 0.6 pips on the Zero.MT4 account, which also charges a commission of $3 per lot per side. The average spread for EUR/USD is 1.2 pips on the Trade.MT4 account, which does not charge any commission.
Weltrade charges variable spreads and no commissions on all account types. The average spread for EUR/USD is 0.8 pips on the Pro account, which requires a minimum deposit of $500. The average spread for EUR/USD is 1.5 pips on the Micro account, which requires a minimum deposit of $25.
Admiral Markets vs Weltrade Account Types Comparison
Admiral Markets offers four account types: Trade.MT4, Trade.MT5, Zero.MT4, and Zero.MT5. The minimum deposit for all accounts is $100. The Trade accounts offer access to all trading instruments except cryptocurrencies, while the Zero accounts offer access to forex and metals only. The Zero accounts also have lower spreads but higher commissions than the Trade accounts.
Weltrade offers five account types: Micro, Premium, Pro, ZuluTrade, and Crypto. The minimum deposit ranges from $25 for the Micro account to $10,000 for the Crypto account. The Micro account offers micro lots and high leverage up to 1:1000, while the Pro account offers lower spreads and leverage up to 1:500. The ZuluTrade account allows traders to copy signals from other traders, while the Crypto account offers access to cryptocurrency trading only.
Admiral Markets vs Weltrade Deposit Options Comparison
Admiral Markets supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets (such as Skrill, Neteller, PayPal), and cryptocurrencies (such as Bitcoin). The processing time and fees may vary depending on the method and the region.
Weltrade supports bank wire transfer, credit/debit cards, e-wallets (such as Skrill, Neteller), cryptocurrencies (such as Bitcoin), and local payment methods (such as FasaPay). The processing time is usually instant for most methods except bank wire transfer, which may take up to 3 business days. Weltrade does not charge any fees for deposits or withdrawals.
Admiral Markets vs Weltrade Trading Platforms Comparison
Admiral Markets provides access to two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available as desktop applications, web-based platforms, and mobile apps for iOS and Android devices. MT4 and MT5 offer advanced charting tools, technical indicators, market news, trading signals, automated trading systems (Expert Advisors), and more.
Weltrade also offers MT4 and MT5 as its main trading platforms in various versions. In addition, Weltrade provides its own web-based platform called WebTrader, which has a simple and user-friendly interface that allows traders to execute orders directly from the charts.
Admiral Markets vs Weltrade Analytical Tools Comparison
Admiral Markets provides various analytical tools to help traders make informed decisions in the market. These include an economic calendar, a market sentiment indicator, a volatility protection tool, a market heat map, a trading calculator, a technical analysis widget powered by Trading Central ,and more. Weltrade also offers some analytical tools such as an economic calendar ,a market news feed ,a trading calculator ,a technical analysis tool powered by Autochartist ,and more.
Admiral Markets vs Weltrade. Which forex broker is better? Which forex broker should you choose?
Choosing a broker depends on your personal goals, risk appetite, trading style and budget. However, you can compare the pros and cons of each broker and decide which broker is more suitable for you. Here are some factors to consider:
- Admiral Markets has more trading tools, more regulation and more analysis tools than Weltrade, but it also has higher spreads and commissions on some account types.
- Weltrade has lower spreads, no commissions, and faster deposit and withdrawal processing than Admiral Markets, but it also has fewer trading tools, less regulation, and fewer analytical tools.
- Both brokers offer MT4 and MT5 as their main trading platforms, but Weltrade also has its own web-based platform called WebTrader.
- Both brokers support different deposit and withdrawal methods, including cryptocurrencies, but Weltrade has more local payment options than Admiral Markets.
You can also try opening a demo account with each broker and test their services before making your final decision.
