Admirals vs Plus500 Forex Broker Comparison
A head-to-head comparison of Admirals and Plus500 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
LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.
Our Verdict
Admirals winsby 0.3 pts
Admirals edges ahead with a score of 4.3/5 vs Plus500's 4/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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
Admirals offers tighter spreads from 0.5 pips vs 0.6 pips for Plus500, 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
Admirals has a cost edge: raw/ECN spreads, tighter spreads from 0.5 pips.
Best for platform choice
Recommended
Plus500 offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
Admirals edges out Plus500 with a higher editorial score (4.3/5 vs 4/5), indicating a stronger overall experience for new traders.
Admirals vs Plus500: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.2 / 5 |
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.7 / 5 |
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
| Founded | 2001 | 2008 |
| Headquarters | Tallinn, Estonia | Haifa, Israel |
| Min deposit | $100 | $100 |
| Spreads from | 0.5 pips | 0.6 pips |
| Commission / lot | $6/lot | N/A |
| Max leverage | 500:1 | 30:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CySEC KNF | FCA ASIC MAS CySEC CMA |
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Admirals | Visit Plus500 |
Admirals vs Plus500 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
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
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
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
Admirals vs Plus500: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
Admirals
criteria wins
1
Plus500
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Admirals | Plus500 |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Admirals vs Plus500: Frequently Asked Questions
Based on our independent editorial scoring, Admirals ranks higher with a score of 4.3/5 vs 4/5 for Plus500. The best choice still depends on your individual trading needs; Admirals and Plus500 may each suit different trader profiles.
Admirals offers tighter spreads starting from 0.5 pips, compared to Plus500's spreads from 0.6 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Both Admirals and Plus500 require a minimum deposit of $100 to open a live trading account.
Both Admirals and Plus500 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 Plus500 offers up to 30:1. 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 on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Admirals supports MetaTrader 4, MetaTrader 5 and Plus500 offers Proprietary Web/Mobile; Admirals exclusively offers MetaTrader 4, MetaTrader 5; Plus500 exclusively offers Proprietary Web/Mobile.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4 / 5
More Broker Comparisons
More Admirals comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker