Admirals vs World Forex 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 World Forex
| Broker | Admirals | World Forex |
|---|---|---|
| Rating | 4.3/5 | 4/5 |
| Foundation Year | 2001 | 2007 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Saint Vincent and the Grenadines, Vanuatu |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Admirals Review | World Forex Review |
Admirals is suitable for short-term traders looking for a large selection of instruments and a good educational program.
World Forex is suitable for beginners and experienced traders thanks to narrow spreads and a wide selection of trading accounts.
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:
World Forex Review
World Forex offers traders a variety of trading accounts and competitive conditions with low spreads, making it an attractive choice for clients interested in saving on trading costs. Support for the popular MetaTrader 4 and MetaTrader 5 trading platforms guarantees a high level of convenience and functionality, while a large selection of payment systems and the broker's coverage of deposit fees simplify financial transactions.
WForex is best suited for active traders who prefer short-term trading and can take advantage of low spreads and a wide choice of payment systems. The broker will be less attractive for beginners due to the lack of training resources and for those looking for long-term investment opportunities due to high swaps.
Pros and Cons of World Forex
Pros
- Various trading accounts.
- Low spreads.
- Availability of popular trading platforms.
- A wide range of payment systems and broker-covered commissions on deposits.
Cons
- Limited selection of educational materials.
- There is an absence of soft commodities and indices.
- High swaps.
World Forex is in the top 10 of the following ratings:
Reliability
| Broker | Admirals | World Forex |
|---|---|---|
| Reliability | 5/5 | 3.6/5 |
| Foundation Year | 2001 | 2007 |
| Regulated in Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Saint Vincent and the Grenadines, Vanuatu |
| Regulators | CySEC CySEC JSC JSC FCA FCA EFSA EFSA ASIC ASIC FSCA FSCA CMA CMA SFSA SFSA | SVGFSA SVGFSA VFSC VFSC - |
Admirals
Admirals showcases high reliability, bolstered by strict regulation and an excellent policy for the protection of client funds.
World Forex
World Forex is a member of the Financial Commission (FinaCom), and the quality of order execution on the broker's platform is analyzed monthly by the VerifyMyTrade service. However, WForex is regulated in offshore jurisdictions.
Pros
- Monthly audit and certification of orders.
- Trader protection through a compensation fund.
Cons
- Regulated in offshore jurisdictions.
Account Opening
| Broker | Admirals | World Forex |
|---|---|---|
| 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.
World Forex
Considering that a minimal amount of information is required for registration and the verification process is standard, it can be said that the account opening process at WorldForex is quite simple and convenient.
Account Types
| Broker | Admirals | World Forex |
|---|---|---|
| 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 | 1:1000 |
| 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.
World Forex
WorldForex offers a variety of account types, meeting the needs of different traders, making it a versatile choice.
Pros
- Wide selection of account types, including specialized accounts.
- Availability of a demo account and copy trading services.
Commissions
| Broker | Admirals | World Forex |
|---|---|---|
| Commissions | 3.2/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.6 | |
| Commission per Lot | $3 |
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.
World Forex
Low spreads make trading accessible, but relatively high swaps and standard margin rates can increase the overall cost of trading, especially for traders using long-term trading strategies.
Deposit and Withdrawal
| Broker | Admirals | World Forex |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| 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.
World Forex
WorldForex provides convenient and fairly quick methods for depositing and withdrawing funds, but high commissions for withdrawals by payment systems can sometimes be an issue for clients.
Markets and Products
| Broker | Admirals | World Forex |
|---|---|---|
| Markets and Products | 5/5 | 3/5 |
| Forex | 82 | 55 |
| Precious Metals | 7 | 4 |
| Energy Carriers | 3 | 2 |
| Soft Commodities | 7 | - |
| Indices | 43 | - |
| Stocks | 3428 | 46 |
| ETF | 362 | - |
| Bonds | 2 | - |
| Cryptocurrency | 21 | 17 |
Admirals
Admirals provides a wide selection of instruments for trading and investing.
World Forex
The World Forex product range is limited but covers the main asset categories.
Pros
- A large number of currency pairs.
- Spot metals and oil.
- Availability of CFDs on cryptocurrencies.
Cons
- No soft commodities and indices.
- Relatively small number of CFDs on stocks.
- Lack of opportunities for extended portfolio diversification.
Trading Platforms
| Broker | Admirals | World Forex |
|---|---|---|
| Rating | 4.7/5 | 4.5/5 |
| 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.
World Forex
World Forex trading platforms offer a wide range of functionalities and ease of use, although the broker lacks an alternative to MetaTrader for mobile and desktop devices.
Analytics
| Broker | Admirals | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
Admirals
The broker offers an extensive set of analytical tools and materials.
World Forex
World Forex offers a decent set of tools for market analysis. However, the analytics section could be more diverse and include additional analytical tools or signals to better support traders.
Education
| Broker | Admirals | World Forex |
|---|---|---|
| Rating | 5/5 | 2/5 |
Admirals
The broker provides various educational materials, including webinars, seminars, articles, and guides.
World Forex
The education section of the World Forex broker provides basic information for beginners, but is limited in scope and learning formats. Expanding and diversifying educational materials could improve its usefulness and appeal to traders.
Customer Support
| Broker | Admirals | World Forex |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
VK
Twitter
OK
TradingViewAdmirals
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.
World Forex
The technical support section of World Forex offers a variety of communication channels, ensuring accessibility and convenience for clients.
