Admiral Markets
Phoenix Markets
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Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while Phoenix Markets was established in 2013 and is based in Cyprus. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while Phoenix Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Admiral Markets serves 10,000+ clients worldwide; Phoenix Markets has 10,000+. The minimum deposit is $200 at Admiral Markets and $500 at Phoenix Markets.
| Feature | Admiral Markets | Phoenix Markets |
|---|---|---|
| Min. Deposit | $200 | $500 |
| 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2001 | 2013 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and Phoenix Markets, directly affecting your bottom line as a trader. Admiral Markets has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Phoenix Markets). Neither broker charges withdrawal fees. Admiral Markets charges deposit fees; Phoenix Markets does not. Overall, Admiral Markets scores higher on fees in our assessment.
| Feature | Admiral Markets | Phoenix Markets |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while Phoenix Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Admiral Markets supports social and copy trading features, which Phoenix Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | Phoenix Markets |
|---|---|---|
| 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,mac,Android.iPhone/iPad |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and Phoenix Markets 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. Admiral Markets scores higher overall in education and research.
| Feature | Admiral Markets | Phoenix Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Phoenix Markets 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 | Phoenix Markets |
|---|---|---|
| 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 Phoenix Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and Phoenix Markets supports 2, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | Phoenix Markets |
|---|---|---|
| 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 |