Admirals vs Gerchik & Co 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 Gerchik & Co
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Rating | 4.3/5 | 3.9/5 |
| Foundation Year | 2001 | 2015 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Vanuatu |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:100 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Admirals Review | Gerchik & Co Review |
Admirals is suitable for short-term traders looking for a large selection of instruments and a good educational program.
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
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:
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co is in the top 10 of the following ratings:
Reliability
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Reliability | 5/5 | 3.4/5 |
| Foundation Year | 2001 | 2015 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Vanuatu |
| Regulators | CySEC CySEC JSC JSC FCA FCA EFSA EFSA ASIC ASIC FSCA FSCA CMA CMA SFSA SFSA | VFSC VFSC |
Admirals
Admirals showcases high reliability, bolstered by strict regulation and an excellent policy for the protection of client funds.
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
Account Opening
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Admirals
Account opening with Admirals is simple, quick, and convenient, making the process accessible for traders of different levels.
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
Account Types
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Account Types | 3.3/5 | 4/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:100 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| 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.
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
Commissions
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Commissions | 3.2/5 | 2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.6 | |
| Commission per Lot | $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.
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
Deposit and Withdrawal
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
|
|
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.
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
Markets and Products
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Markets and Products | 5/5 | 4.4/5 |
| Forex | 82 | 66 |
| Precious Metals | 7 | 7 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 7 | - |
| Indices | 43 | 14 |
| Stocks | 3428 | 296 |
| ETF | 362 | 21 |
| Bonds | 2 | - |
| Cryptocurrency | 21 | 11 |
Admirals
Admirals provides a wide selection of instruments for trading and investing.
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded commodities
Trading Platforms
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Rating | 4.7/5 | 4/5 |
| Trading Platforms |
|
|
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.
Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
Analytics
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
Admirals
The broker offers an extensive set of analytical tools and materials.
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Education
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
Admirals
The broker provides various educational materials, including webinars, seminars, articles, and guides.
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
Customer Support
| Broker | Admirals | Gerchik & Co |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Telegram
YouTube
Skype
Facebook
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.
Gerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
