Admirals vs FXOpen Forex Broker Comparison
A head-to-head comparison of Admirals and FXOpen 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.
VS
Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.
Our Verdict
Too close to call0.1 pts apart
Admirals and FXOpen are extremely closely matched with scores of 4.3/5 and 4.2/5. The right choice depends on your individual trading priorities.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FXOpen offers tighter spreads from 0 pips vs 0.5 pips for Admirals, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for active traders
Recommended
FXOpen has a cost edge: tighter spreads from 0 pips, lower commission ($3/lot).
Best for beginners
Recommended
Admirals edges out FXOpen with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
Admirals vs FXOpen: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Fees & Spreads 30% weight | 4.4 / 5 | 4.8 / 5▲ |
Platforms & Tools 20% weight | 4.2 / 5 | 4.4 / 5▲ |
Customer Support 10% weight | 4.2 / 5▲ | 4.0 / 5 |
| Founded | 2001 | 2003 |
| Headquarters | Tallinn, Estonia | London, United Kingdom |
| Min deposit | $100 | $100 |
| Spreads from | 0.5 pips | 0 pips |
| Commission / lot | $6/lot | $3/lot |
| Max leverage | 500:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC KNF | FCA ASIC CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader |
| Active bonuses | ||
| Visit broker | Visit Admirals | Visit FXOpen |
Admirals vs FXOpen Forex Broker Pros & Cons
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
FCA, CySEC, and ASIC triple regulation
$3 round-turn ECN commission - one of the lowest in retail forex
Early cTrader adopter with mature integration
MT4, MT5, and cTrader all available
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
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
$100 minimum deposit on ECN accounts
Less brand recognition than larger competitors
Customer support coverage narrower than global tier-1 brokers
No proprietary platform
No phone support
Admirals vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Admirals
criteria win
1
FXOpen
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Admirals | FXOpen |
|---|---|---|
| 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 | Fail |
| Multilingual support | Pass | Pass |
Admirals vs FXOpen: Frequently Asked Questions
Based on our independent editorial scoring, Admirals ranks higher with a score of 4.3/5 vs 4.2/5 for FXOpen. The best choice still depends on your individual trading needs; Admirals and FXOpen may each suit different trader profiles.
FXOpen 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 FXOpen require a minimum deposit of $100 to open a live trading account.
Both Admirals and FXOpen 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 FXOpen 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.
FXOpen charges $3 per lot, lower than Admirals's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Admirals supports MetaTrader 4, MetaTrader 5 and FXOpen offers MetaTrader 4, MetaTrader 5, cTrader; both support MetaTrader 4, MetaTrader 5; FXOpen exclusively offers cTrader.
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Score 4.2 / 5
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