Admiral Markets
fx next
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Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while fx next was established in 2018 and is based in Dubai. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while fx next is regulated by Financial Conduct Authority (FCA) among others. Admiral Markets serves 10,000+ clients worldwide; fx next has 10,000+. The minimum deposit is $200 at Admiral Markets and $250 at fx next.
| Feature | Admiral Markets | fx next |
|---|---|---|
| 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 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F237 |
| Founded | 2001 | 2018 |
| Country | UK | Dubai |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and fx next, 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 fx next). fx next charges withdrawal fees while Admiral Markets does not, giving Admiral Markets an edge for frequent withdrawers. fx next applies inactivity fees on dormant accounts; Admiral Markets does not. Admiral Markets charges deposit fees; fx next does not. Overall, Admiral Markets scores higher on fees in our assessment.
| Feature | Admiral Markets | fx next |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while fx next supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Admiral Markets supports social and copy trading features, which fx next does not offer. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | fx next |
|---|---|---|
| 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and fx next compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Admiral Markets | fx next |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 fx next supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx next uniquely supports PayPal among the two brokers. fx next scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | fx next |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
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 fx next offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and fx next supports 8, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | fx next |
|---|---|---|
| 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, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |