Admirals vs ThinkMarkets Comparison
ThinkMarketsWe 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 ThinkMarkets
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Rating | 4.3/5 | 4/5 |
| Foundation Year | 2001 | 2009 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Admirals Review | ThinkMarkets Review |
Admirals is suitable for short-term traders looking for a large selection of instruments and a good educational program.
ThinkMarkets suits traders who value attractive trading conditions, a wide range of products, analytical tools, and educational materials.
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:
ThinkMarkets Review
ThinkMarkets is a highly regulated broker with licenses from the FCA and ASIC, confirming its reliability and operations transparency. The broker offers a wide range of trading platforms suitable for beginners and experienced traders. Extensive analytical resources and educational materials help traders to develop their skills and improve trading efficiency. Round-the-clock support ensures that help is always available, no matter the time of day.
ThinkMarkets is ideal for traders who are looking for a reliable and well-regulated broker with a variety of technological solutions and analytical tools. The broker is especially suitable for active traders who are willing to invest time in learning the market through the training materials offered.
Pros and Cons of ThinkMarkets
Pros
- Wide range of trading platforms.
- Strong analytical support.
- Extensive educational materials.
- 24/7 technical support.
Cons
- Limited choice of trading accounts.
- Withdrawal fees and account inactivity fees.
Reliability
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2001 | 2009 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Regulators | CySEC CySEC JSC JSC FCA FCA EFSA EFSA ASIC ASIC FSCA FSCA CMA CMA SFSA SFSA | SFSA SFSA - FCA FCA ASIC ASIC CySEC CySEC FSCA FSCA JFSA JFSA CIMA CIMA |
Admirals
Admirals showcases high reliability, bolstered by strict regulation and an excellent policy for the protection of client funds.
ThinkMarkets
The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.
Account Opening
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
|
|
Admirals
Account opening with Admirals is simple, quick, and convenient, making the process accessible for traders of different levels.
ThinkMarkets
The account opening process at ThinkMarkets is simple and convenient. However, due to the possible verification process taking up to 2 days, the account opening process may not be as fast as desired.
Account Types
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Account Types | 3.3/5 | 3.3/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| 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.
ThinkMarkets
ThinkMarkets offers two main types of accounts, but the variety of accounts is limited, and there are no accounts for certain groups of traders.
Pros
- Free VPS
- Ability to copy trades of successful traders
Cons
- Lack of cent accounts and fixed spread accounts
- No Islamic account
Commissions
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Commissions | 3.2/5 | 2.3/5 |
| 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.
ThinkMarkets
ThinkMarkets has average market commissions, making it accessible for most traders. However, it should be noted that the broker charges some non-trading commissions.
Pros
- Transparent commission structure.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Inactivity fee.
Deposit and Withdrawal
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| 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.
ThinkMarkets
The broker offers convenient methods for depositing and withdrawing funds, most of which are commission-free, however, there may be delays in withdrawals.
Pros
- Wide selection of deposit and withdrawal methods.
- No commission for most deposit and withdrawal cases.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Potential long withdrawal times due to meticulous transaction verification
Markets and Products
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 82 | 46 |
| Precious Metals | 7 | 10 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 7 | 3 |
| Indices | 43 | 15 |
| Stocks | 3428 | 3305 |
| ETF | 362 | 364 |
| Bonds | 2 | - |
| Cryptocurrency | 21 | 21 |
Admirals
Admirals provides a wide selection of instruments for trading and investing.
ThinkMarkets
ThinkMarkets offers a highly diverse range of trading instruments.
Trading Platforms
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Rating | 4.7/5 | 5/5 |
| 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.
ThinkMarkets
ThinkMarkets offers a wide selection of platforms, including popular MetaTrader 4 and MetaTrader 5, as well as proprietary developments such as ThinkTrader and ThinkCopy.
Analytics
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
Admirals
The broker offers an extensive set of analytical tools and materials.
ThinkMarkets
ThinkMarkets provides high-quality analytical tools, making trading informative and productive.
Pros
- Extensive set of market analysis tools.
- Availability of Traders' Gym for strategy testing.
- Daily trading signals and market news.
Cons
- Some tools are only available for certain types of accounts.
Education
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
Admirals
The broker provides various educational materials, including webinars, seminars, articles, and guides.
ThinkMarkets
ThinkMarkets offers high-quality educational materials covering a wide range of topics.
Pros
- Wide range of topics in articles.
- Webinars from experts.
- Materials for traders of all levels.
Cons
- Lack of video tutorials.
Customer Support
| Broker | Admirals | ThinkMarkets |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Telegram
YouTube
Twitter
Facebook
LinkedIn
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.
ThinkMarkets
ThinkMarkets offers a wide range of communication channels with support, including phone numbers in different countries, email, and online chat. Additionally, support is available 24/7, ensuring prompt assistance at any time of the day.
