Admirals and FP Markets meet in a clash of regulation, pricing, and platform depth. The axis centers on safety, costs, and execution quality, inviting readers to scroll for the verdict.
FP Markets edges Admirals on editorial score. It benefits from broader regulation and a wider platform suite.
Find out which broker best suits your trader profile.
Choose Admirals if…
Choose Admirals if you value an extensive range of accounts and strong FCA and CySEC regulation.
Choose FP Markets if…
Choose FP Markets if you prioritise true ECN pricing and broad platform options.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
FP Markets offers tighter spreads from 0.00 pips vs 0.50 pips for Admirals, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.6 / 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 | FP 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 | Pass |
| 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 | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Admirals rates 4.3/5 and FP Markets rates 4.5/5. FP Markets 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.
FP 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 FP Markets require a minimum deposit of $100 to open a live trading account.
Both Admirals and FP 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 FP 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.
Both Admirals and FP Markets charge the same commission of $6 per lot on applicable accounts.
Admirals supports MetaTrader 5, MetaTrader 4, while FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView.
Admirals is regulated by FCA, ASIC, CySEC, and KNF.
FP Markets offers MT4/MT5, cTrader, and IRESS with raw spreads.
FP Markets is better suited for scalpers: tighter spreads from 0.00 pips.
FP Markets provides MT4/MT5, cTrader, TradingView, and IRESS.
Admirals offers high quality educational content including live webinars.
FP Markets offers 10,000 instruments, more than Admirals.
Fees & Spreads 30% weight | 4.4 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 4.2 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2001 | 2005 |
|---|
| Headquarters | Tallinn, Estonia | Sydney, Australia |
|---|
| Min Deposit | $100 | $100 |
|---|
| Spreads From | 0.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | $6/lot | $6/lot |
|---|
| 1.1 pips | 0.6 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 cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC CySEC KNF | ASIC CySEC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader IRESS MetaTrader 5 TradingView 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
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
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
Phone support available
Multilingual customer 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
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4.3 / 5
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