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Admirals vs IC Markets: Comparison and Analysis

Trying to figure out whether to use Admirals or IC Markets? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of Admirals and IC Markets side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
76% of retail investor accounts lose money
Admirals review
Open Account
74-89% of retail CFD accounts lose money
IC Markets review

Overall Ratings


Rated
80
Rated
91

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • Admirals
  • IC Markets

Security 94
Security 93

Cost 71
Cost 85

Trading 73
Trading 100

Education 78
Education 66

Company Info


Foundation
2001
2007
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, bul, cro, cz, de, es, est, fr, hu, lit, ne, po, pol, rom, ru, thai, ko, ind, viet, it, ben, chi, alv
en, ar, bul, chi(t/s), cro, cz, de, es, fr, po, ru, thai, ko, ind, viet, mal, it

Leverage


Non-EU Leverage ?
500:1
500:1
European Leverage ?
30:1
30:1
Australian Leverage ?
500:1
30:1
US Leverage ?
0
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
77955
19551
SimilarWeb - Total Visits
838950
117889
Facebook Likes
416370
54458
Twitter Likes
21971
3276
Instagram Likes
4679
14397

Deposit and Withdrawal


Minimum Deposit ?
100 USD
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
Klarna, POLi, ZotaPay, SafetyPay, AstroPay, Trustly, Rapid Transfer
Bpay, Broker to Broker, FasaPay, Klarna, POLi, RapidPay, THAI Internet Banking, UnionPay, Vietnamese Internet Banking, Bitcoin Wallet
Deposit Waiting Time ?
1 business day
instant
Withdraw Waiting Time ?
3 business days
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
EUR, USD
AUD, EUR, GBP, USD, CAD, CHF, HKD, JPY, NZD, SGD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
1.0
0.010
Natural Gas ?
4.0
0.001
Silver ?
0.1
Platinum ?
30.0
Copper ?
28.0
Soybeans ?
1.35
Corn ?
0.6
Gold ?
20.0

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.6
0.1
USD/JPY Average Spread
0.9
0.2
USD/CHF Average Spread
2.9
0.5
GBP/USD Average Spread
1.0
0.4
USD/CAD Average Spread
1.6
0.5
AUD/USD Average Spread
1.0
0.2
NZD/USD Average Spread
1.7
0.4
EUR/GBP Average Spread
0.3
0.4

Fees on Stocks


Apple
9.0
Facebook
3.0
Alphabet
56.0
Snapchat
2.0
BP
10.0
Tesco
10.0
Barclays
Lloyds

Fees on Indices


FTSE100
0.8
1.0
S&P500
0.6
Dow Jones
0.9
Nasdaq
0.2
CAC40
0.2
1.0
DAX30
0.8
0.950
Nikkei 225
2.0
6.0
Euro Stoxx 50
1.3

Fees on Cryptocurrencies


Bitcoin
1
1
Ethereum
1.0%
4.0
Ripple
1.0%
0.015
Litecoin
1.0%
3.0
Bitcoin Cash
1.0%
5.0
Dash
0
4.0
Monero
1.0%
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, bul, cro, cz, de, es, est, fr, hu, latv, lit, ne, pol, rom, ru, slo, ukr, mold, srb, slk
en, dan, de, ne, pol, afrk, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
36
63
Crypto ?
36
63
Commodities ?
12
21
Stocks ?
220
1650
Indices ?
40
25
ETF ?
350
Futures ?
11
4
Options ?
Bonds ?
2
7
Metal ?
6
7
Agricultural ?
7
6
Energies ?
3
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.01 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, bul, cro, cz, de, es, est, fr, hu, lit, ne, po, pol, rom, ru, thai, ko, ind, viet, it, ben, chi, alv
en, ar, bul, chi(t/s), cro, cz, de, es, fr, po, ru, thai, ko, ind, viet, mal, it

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

Admirals vs IC Markets: A Comprehensive Comparison

When it comes to choosing a reliable broker, traders have a lot of options to choose from. Two popular brokers in the market are Admirals and IC Markets. In this comparison, we will look at the features, services, and fees of both brokers to help traders make an informed decision.

Security

Both Admirals and IC Markets are regulated by multiple financial authorities, including FCA, ASIC, and CySEC. Admirals has a slightly higher security rating of 94 compared to IC Markets’ 93, indicating a slightly higher level of security.

Demo Account

IC Markets offers unlimited demo accounts with virtual funds of up to $5 million. Admirals, on the other hand, offers demo accounts with virtual funds of $10,000, which can be restored by contacting customer support. While IC Markets’ unlimited demo account is appealing, Admirals’ demo account still provides enough virtual funds for traders to test their strategies and familiarise themselves with the platform.

Account Opening

Both brokers offer a range of account types, including standard, RAW spread, and professional accounts for advanced traders. IC Markets has a slight advantage with no minimum deposit in place, while Admirals requires a minimum deposit of $100. Admirals offers a wider range of base currencies, making it easier for traders to avoid currency conversion fees.

Payment methods are similar for both brokers, with options such as wire transfers, credit/debit cards, and eWallets. IC Markets also offers bitcoin deposits and several local payment methods, making it easier for traders in different regions to make deposits.

Social-Copy Trading

IC Markets allows traders to engage in copy trading through third-party platforms such as ZuluTrade. Admirals, on the other hand, offers a proprietary mobile platform for copy trading. Both brokers offer social-copy trading, but Admirals has a slight advantage with its proprietary platform.

Markets

IC Markets offers a wider range of markets, including 63 forex pairs, 21 commodities, 25 indices, 63 crypto assets, and over 1600 stocks. However, IC Markets only offers CFD trading, which is better suited for short-term investments. Admirals, on the other hand, offers a more balanced range of markets, including over 70 forex pairs, 15 commodities, 19 indices, 42 crypto assets, and over 3350 stocks, including 4500+ real stocks. Admirals offers both CFDs and real assets on stocks and ETFs, making it suitable for both short and long-term investments.

Trading Fees

Both brokers offer variable spreads, but IC Markets has an advantage with its lower spreads starting from 0 pip on forex. IC Markets also charges commissions per lot traded, with up to $7 per lot, while Admirals has variable spreads and charges from $0.02 per share for stocks commissions. Both brokers offer low fees, making them suitable for scalping.

Platforms

Both brokers offer a range of platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. Admirals also has a proprietary mobile app platform, which is an advantage for traders who prefer mobile trading. Both brokers allow traders to engage in algo trading and offer VPS services.

Education/Customer Care

Both brokers offer a wide range of educational material, including webinars, podcasts, tutorials, and seminars. Admirals has a slightly more extensive range of educational content, including detailed articles and a glossary of terms. Both brokers have excellent customer care, with multiple languages available for contact via phone, email, and live chat. Admirals offers customer care in over 25 languages, making it an advantage for non-English speaking traders.

Conclusion

In conclusion, both Admirals and IC Markets offer reliable trading services and have their own unique advantages. IC Markets offers a wider range of markets and has lower spreads, making it an excellent option for short-term investing and scalping. Admirals, on the other hand, offers a more balanced range of markets, including real assets on stocks and ETFs, making it suitable for both short and long-term investments. Admirals also has a proprietary mobile app platform for copy trading and offers a wider range of base currencies, making it an advantage for traders who prefer mobile trading and want to avoid currency conversion fees.

Ultimately, the choice between Admirals and IC Markets will depend on the trader’s preferences, trading style, and investment goals. Both brokers are regulated, offer low fees, and have excellent customer care and educational material, making them suitable for traders of all levels. Traders should carefully consider the features and services offered by both brokers before making a final decision.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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