Admirals vs FXOpen Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Admirals and FXOpen
| Broker | Admirals | FXOpen |
|---|---|---|
| Rating | 4.3/5 | 4.3/5 |
| Foundation Year | 2001 | 2004 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Admirals Review | FXOpen Review |
Admirals is suitable for short-term traders looking for a large selection of instruments and a good educational program.
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
Admirals Review
The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals
Pros
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
Admirals is in the top 10 of the following ratings:
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
| Broker | Admirals | FXOpen |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2001 | 2004 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | United Kingdom, Cyprus, Australia |
| Regulators | CySEC CySEC JSC JSC FCA FCA EFSA EFSA ASIC ASIC FSCA FSCA CMA CMA SFSA SFSA | - FCA FCA CySEC CySEC ASIC ASIC |
Admirals
Admirals showcases high reliability, bolstered by strict regulation and an excellent policy for the protection of client funds.
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Account Opening
| Broker | Admirals | FXOpen |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Admirals
Account opening with Admirals is simple, quick, and convenient, making the process accessible for traders of different levels.
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
| Broker | Admirals | FXOpen |
|---|---|---|
| Account Types | 3.3/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Admirals
Admirals offers a variety of account types to meet the needs of most traders but lacks some specific options.
Pros
- A wide selection of accounts for different trading styles.
- A demo account to test strategies risk-free.
- Provision of Islamic accounts for religious traders.
Cons
- Lack of cent accounts.
- No accounts with fixed spreads.
- There are no additional services such as copying trades or PAMM accounts.
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
| Broker | Admirals | FXOpen |
|---|---|---|
| Commissions | 3.2/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.6 | 1.2 |
| Commission per Lot | $3 | $3.5 |
Admirals
Admirals' brokerage fees are average but offer benefits, especially for active traders.
Pros
- Narrow spreads.
- One free withdrawal per month.
- Cashback for trading activity.
Cons
- Inactivity fee.
- High swaps.
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
| Broker | Admirals | FXOpen |
|---|---|---|
| Rating | 4.5/5 | 4.2/5 |
| Account Funding Methods |
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Admirals
Admirals offers convenient and economical ways to deposit and withdraw funds with various methods, including cryptocurrencies.
Pros
- A broad range of available deposit and withdrawal methods.
- No commission in most cases.
- The possibility to use cryptocurrencies for transactions.
Cons
- Bank transfer fee for deposits under 1000 USD or EUR.
- Fee for multiple withdrawals within a single month.
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
| Broker | Admirals | FXOpen |
|---|---|---|
| Markets and Products | 5/5 | 4.6/5 |
| Forex | 82 | 66 |
| Precious Metals | 7 | 3 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 7 | - |
| Indices | 43 | 12 |
| Stocks | 3428 | 553 |
| ETF | 362 | 56 |
| Bonds | 2 | - |
| Cryptocurrency | 21 | 41 |
Admirals
Admirals provides a wide selection of instruments for trading and investing.
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
| Broker | Admirals | FXOpen |
|---|---|---|
| Rating | 4.7/5 | 5/5 |
| Trading Platforms |
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Admirals
Admirals offers time-tested and reliable platforms MT4 and MT5 and a functional mobile app for trading on the go.
Pros
- Access to a wide range of features through MT4 and MT5.
- Convenient mobile app for trading anytime and anywhere.
- Intuitive and user-friendly interfaces.
Cons
- Lack of additional unique or innovative platforms.
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
| Broker | Admirals | FXOpen |
|---|---|---|
| Rating | 5/5 | 4/5 |
Admirals
The broker offers an extensive set of analytical tools and materials.
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
| Broker | Admirals | FXOpen |
|---|---|---|
| Rating | 5/5 | 2/5 |
Admirals
The broker provides various educational materials, including webinars, seminars, articles, and guides.
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
| Broker | Admirals | FXOpen |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
Facebook
Twitter
LinkedIn
Whatsapp
InstagramAdmirals
Admirals' technical support is characterized by quick response and multiple communication channels, but the website lacks a support schedule, and user reviews on various resources indicate intrusiveness of support.
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
