General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
Tier 1 Regulation
Tier 2 Regulation
Tier 3 Regulation
Deposit and Withdrawal
Costs and Fees
Forex Fixed Spreads
Forex Variable Spreads
Fees on Stocks
Fees on Indices
Fees on Cryptocurrencies
Special Trading Conditions
Available Trading Techniques
Admirals vs XTB: A Comprehensive Comparison of Two Brokers
When it comes to choosing a broker for trading, security, reliability, and trading fees are some of the most important factors to consider. In this comparison, we will be looking at Admirals and XTB, two of the leading brokers in the market, to help you make an informed decision.
Admirals is regulated by FCA, CySEC, and ASIC, while XTB is regulated by CySEC, FCA, KNF, IFSC, DFSA, and FSCA. Both brokers have a high security rating, with Admirals rating at 94 and XTB at 95. In terms of security, there is not much difference between the two brokers.
Both Admirals and XTB offer demo accounts with virtual funds. Admirals offers a demo account with $10,000 virtual funds, which can be restored by contacting customer support. The duration of Admirals’ demo account is also 30 days. XTB, on the other hand, offers a demo account with $100,000 virtual funds, which can also be restored by contacting customer support. The duration of XTB’s demo account is also 30 days, but it can be renewed indefinitely.
Admirals has a minimum deposit of $100, while XTB has no minimum deposit required. Admirals offers 13 different account currencies, while XTB only offers USD, GBP, and EUR. Both brokers offer various payment methods, including wire transfers, credit/debit cards, and eWallets. Admirals offers several types of accounts, including a trade account, zero account, invest account, Islamic account, and professional account for advanced traders. XTB offers a standard account, Islamic account, and professional account.
Social and Copy Trading
Admirals offers a proprietary platform via mobile for social and copy trading. On the other hand, XTB does not provide any kind of social and copy trading features.
Admirals offers a wide range of markets, including 70+ forex pairs, 15 commodities, 19 indices, 42 crypto assets, 3350+ stocks, and 35 futures and options. Admirals also offers CFDs and real assets on stocks and ETFs. XTB offers 57 forex pairs, 27 commodities, 30 indices, 46 crypto assets, 5000+ stocks, and 500+ ETFs. Every asset offered by XTB is a CFD. This means XTB is a better fit for short-term investments. XTB also offers real stocks and ETFs for EU clients.
Admirals and XTB both offer variable spreads. Admirals’ spreads start from 0.1 pips on forex, which is lower than the market average. Admirals charges a commission on stocks starting from $0.02 per share. XTB’s spreads start from 0.3 pip on forex, which is below the market average. XTB offers zero-commission real stocks and ETFs for European traders on a monthly volume of up to EUR 100,000. After this amount, there is a commission of 0.2% (10 EUR minimum).
Admirals offers a proprietary platform via mobile app, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), all of which allow traders to engage in algo trading. Admirals also offers VPS services. XTB offers xStation, a proprietary platform available via web and mobile devices. XStation is user-friendly and intuitive.
Education and Customer Care
Admirals offers an extensive range of educational content for traders of all levels, including detailed articles, full tutorials, trading videos, a glossary of terms and seminars and webinars. XTB also offers a well-equipped education section, including FAQs, blog articles, ebooks, trading videos, and seminars. Both brokers have excellent customer care, and traders can easily contact them via phone, email, and live chat.
In summary, both Admirals and XTB are reliable brokers with high security ratings, offer demo accounts, and have various payment methods. Admirals offers a wider range of account currencies and types, while XTB has no minimum deposit required and offers a vast number of ETFs. Admirals offers social and copy trading, while XTB does not. Admirals offers a wider range of markets, while XTB is a better fit for short-term investments. Admirals and XTB both have competitive trading fees, and both offer user-friendly platforms and excellent education and customer care. Ultimately, the choice between Admirals and XTB comes down to individual preferences and trading needs.