B
Admiral Markets logo

Admiral Markets

8.7/10
Xtrade logo

Xtrade

6.6/10
9/10WinnerRegulation8/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
7.5/10WinnerDeposits & Withdrawals0/10
10/10SupportTied10/10

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Overview

Admiral Markets was founded in 2001 and is headquartered in UK, while Xtrade was established in 2003 and is based in Australia. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Admiral Markets serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $200 at Admiral Markets and $1 at Xtrade.

Admiral Markets wins this category
FeatureAdmiral MarketsXtrade
Min. Deposit$200$1
RegulationFinancial 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 57026Cyprus Securities and Exchange Commission (CySEC)
Founded20012003
CountryUKAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Admiral Markets and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Admiral Markets). Neither broker charges withdrawal fees. Admiral Markets charges deposit fees; Xtrade does not. Overall, Xtrade scores higher on fees in our assessment.

Xtrade wins this category
FeatureAdmiral MarketsXtrade
Min. Deposit$200$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Admiral Markets offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Admiral Markets supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAdmiral MarketsXtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, Web Trader, Tablet & Mobile appsNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and Xtrade compare. Admiral Markets runs regular live webinars; Xtrade does not. Admiral Markets has a video library; Xtrade does not. Admiral Markets publishes daily market commentary; Xtrade does not. Admiral Markets integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. Admiral Markets maintains an archive of past webinars for on-demand viewing. Admiral Markets scores higher overall in education and research.

Admiral Markets wins this category
FeatureAdmiral MarketsXtrade
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets uniquely supports bank transfer and credit/debit card and Skrill and Neteller among the two brokers. Admiral Markets scores higher on deposit and withdrawal flexibility.

Admiral Markets wins this category
FeatureAdmiral MarketsXtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillYesNot available
NetellerYesNot available

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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureAdmiral MarketsXtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and CroatianNot available