Admiral Markets
Choicetrade
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Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while Choicetrade was established in 2009 and is based in United States. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while Choicetrade is regulated by Unregulated among others. Admiral Markets serves 10,000+ clients worldwide; Choicetrade has 10,000+. The minimum deposit is $200 at Admiral Markets and $250 at Choicetrade.
| Feature | Admiral Markets | Choicetrade |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026 | Unregulated |
| Founded | 2001 | 2009 |
| Country | UK | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and Choicetrade, directly affecting your bottom line as a trader. Admiral Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at Choicetrade). Choicetrade charges withdrawal fees while Admiral Markets does not, giving Admiral Markets an edge for frequent withdrawers. Admiral Markets charges deposit fees; Choicetrade does not. Overall, Admiral Markets scores higher on fees in our assessment.
| Feature | Admiral Markets | Choicetrade |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while Choicetrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Admiral Markets supports social and copy trading features, which Choicetrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | Choicetrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and Choicetrade compare. Admiral Markets runs regular live webinars; Choicetrade does not. Admiral Markets has a video library; Choicetrade does not. Admiral Markets publishes daily market commentary; Choicetrade does not. Admiral Markets integrates third-party research tools (Trading Central, Autochartist); Choicetrade does not. Admiral Markets maintains an archive of past webinars for on-demand viewing. Admiral Markets scores higher overall in education and research.
| Feature | Admiral Markets | Choicetrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Choicetrade supports 2 (bank transfer, credit/debit card). Admiral Markets uniquely supports Skrill and Neteller among the two brokers. Admiral Markets scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | Choicetrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Admiral Markets and Choicetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and Choicetrade supports 2, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | Choicetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English, and Chinese |