A head-to-head comparison of Admirals and Blueberry Markets across regulation, trading costs, platforms, and editorial scoring.
Multi-regulated broker with extensive account range, competitive Zero account spreads, strong EU regulation and quality webinar and education content.
Pure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.
Admirals and Blueberry Markets are extremely closely matched with scores of 4.3/5 and 4.3/5. The right choice depends on your individual trading priorities.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Blueberry Markets offers tighter spreads from 0 pips vs 0.5 pips for Admirals, reducing trading costs.
Admirals has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Blueberry Markets offers more exclusive platform options: cTrader.
Both brokers share the same editorial score of 4.3/5 and the same minimum deposit requirement, making them equally suited for new traders.
| Editorial score | 4.3/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.3 / 5 |
Platforms & Tools 20% weight | 4.2 / 5 | 4.4 / 5▲ |
Customer Support 10% weight | 4.2 / 5▲ | 4.1 / 5 |
| Founded | 2001 | 2016 |
| Headquarters | Tallinn, Estonia | Sydney, Australia |
| Min deposit | $100 | $100 |
| Spreads from | 0.5 pips | 0 pips |
| Commission / lot | $6/lot | $8/lot |
| Max leverage | 500:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC KNF | ASIC VFSC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit Admirals | Visit Blueberry Markets |
Pros
Extensive range of accounts including Zero, Trade, and Invest
Strong FCA and CySEC regulation covering EU and UK traders
High-quality educational content including live webinars
Zero account offers spreads from 0.5 pips with $6 round-turn commission
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
ASIC-regulated with Tier 1 investor protections
MT4, MT5, and cTrader all available
Raw ECN Direct account with published execution statistics
No bonus marketing - pure execution focus
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Cons
Platform-heavy - MT4 and MT5 only, no proprietary platform
Customer support quality varies by region
Not available to US clients
Inactivity fee applies
Cons
$100 minimum deposit required
Limited product range - forex, indices, commodities, crypto only
No copy trading or social features
ECN commission slightly above the cheapest competitors
No investor compensation scheme
No proprietary platform
No phone support
Support available in limited languages
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Admirals | Blueberry Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Fail |
Admirals and Blueberry Markets share the same editorial score of 4.3/5. The right choice depends on your priorities: trading costs, platform preference, or regulatory coverage.
Blueberry Markets offers tighter spreads starting from 0 pips, compared to Admirals's spreads from 0.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Both Admirals and Blueberry Markets require a minimum deposit of $100 to open a live trading account.
Both Admirals and Blueberry Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Admirals offers maximum leverage of 500:1, while Blueberry Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Admirals charges $6 per lot, lower than Blueberry Markets's $8 per lot. Lower commissions benefit active traders who execute many trades per day.
Admirals supports MetaTrader 4, MetaTrader 5 and Blueberry Markets offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4, MetaTrader 5; Blueberry Markets exclusively offers cTrader.
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Score 4.3 / 5
Score 4.3 / 5
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