Two regulated brokers face off over cost, platform breadth, and trade execution. The tension hinges on instrument variety, regulatory protection, and account options as traders weigh value.
Admirals and Blueberry Markets are closely matched overall. The single differentiator is instrument variety, with Admirals offering about 8000 instruments versus Blueberry's 300.
Find out which broker best suits your trader profile.
Choose Admirals if…
Choose Admirals if you want phone support, multilingual help, and a compensation scheme.
Choose Blueberry Markets if…
Choose Blueberry Markets if you prefer no inactivity fee and no investor compensation scheme.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Blueberry Markets offers tighter spreads from 0.00 pips vs 0.50 pips for Admirals, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
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
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. One concrete differentiator: Blueberry Markets has tighter spreads from 0 pips.
Blueberry Markets starts from 0 pips, tighter than Admirals's 0.5 pips. Tighter spreads lower the cost per trade, which matters most 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. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Admirals lists maximum leverage of 500:1, while Blueberry Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
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 5, MetaTrader 4, while Blueberry Markets supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Blueberry Markets has exclusive access to cTrader.
Admirals wins for safety with FCA, CySEC, ASIC and KNF oversight and segregated client funds.
Blueberry Markets wins for active traders due to raw spreads and direct ECN execution.
Admirals is better suited for scalpers: lower commission ($6/lot).
Blueberry Markets leads in platform choice with MT4, MT5, and cTrader.
Admirals wins for beginners thanks to high-quality educational content and live webinars.
Admirals offers vastly more instruments, around 8000 versus 300.
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▼ lower |
|---|
| Commission / lot | $6/lot▼ lower | $8/lot |
|---|
| 1.1 pips | 0.8 pips▼ lower |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | $10/month (after 24 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC CySEC KNF | ASIC VFSC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Dig deeper into each broker’s features, fees, and regulation.
Score 4.3 / 5
Score 4.3 / 5
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