Two regulated brokers compete for crypto exposure across multiple asset classes. The tension centers on coin breadth, pricing philosophy, and platform capabilities.
Admirals and Interactive Brokers are closely matched overall. Admirals stands out on coin selection with 30 assets to IBKR's 9, offering broader crypto exposure.
Find out which crypto exchange best suits your trading profile.
Choose Admirals if…
Choose Admirals if you want broad crypto exposure with 30 assets and 24/5 live chat support.
Choose Interactive Brokers if…
Choose Interactive Brokers if you value real crypto ownership and transparent pricing.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Interactive Brokers holds SEC, FINRA, FCA, and ASIC oversight, giving a broad, multi-jurisdictional security framework.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 4.0/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.5 pips | 0.2 pips▼ lower |
| Taker Fee | 6.00% | 2.00%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Admirals | Interactive Brokers |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
The scores are close: Admirals rates 3.9/5 and Interactive Brokers rates 4/5. Interactive Brokers has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Interactive Brokers lists a lower spread from 0.2, compared with Admirals's 0.5. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Neither Admirals nor Interactive Brokers requires a minimum deposit, making both accessible regardless of starting capital.
Both Admirals and Interactive Brokers hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
Admirals offers up to 2:1 on perpetual or margin products, versus Interactive Brokers's 1:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Interactive Brokers charges $2 per trade, lower than Admirals's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Admirals supports MetaTrader 5, MetaTrader 4, while Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. Admirals has exclusive access to MetaTrader 5 and MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile.
Interactive Brokers offers transparent commissions (0.12-0.18%), making fees clearer.
Admirals provides zero minimum deposit and MT4/MT5 ease of use.
Equally matched; neither broker offers DeFi or Web3 features.
| 1.1 pips |
| 0.4 pips▼ lower |
| Inactivity Fee | $10/month (after 24 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferACH |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferACH |
|---|
| Withdrawal Fee | Free | First withdrawal/month free |
|---|
| Regulators | FCA ASIC CySEC KNF | JFSA IIROC DFSA FCA CNB CMVM CNV ASIC AMF SEC MFSA SFC SEBI CBI CMF NFA FSC FINRA |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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