Admirals vs XM Forex Broker Comparison
A head-to-head comparison of Admirals and XM 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
Our Verdict
Too close to call
Admirals and XM are extremely closely matched with scores of 4.3/5 and 4.3/5. 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
Admirals offers tighter spreads from 0.5 pips vs 0.6 pips for XM, 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 beginners
Recommended
Both brokers share the same editorial score of 4.3/5, but XM requires a lower minimum deposit ($5 vs $100 for Admirals), making it more accessible for new traders.
Admirals vs XM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.3 / 5 |
Platforms & Tools 20% weight | 4.2 / 5 | 4.2 / 5 |
Customer Support 10% weight | 4.2 / 5 | 4.4 / 5▲ |
| Founded | 2001 | 2009 |
| Headquarters | Tallinn, Estonia | Limassol, Cyprus |
| Min deposit | $100 | $5 |
| Spreads from | 0.5 pips | 0.6 pips |
| Commission / lot | $6/lot | N/A |
| Max leverage | 500:1 | 1000:1 |
| Withdrawal fee | Free | Free for most methods |
| Regulators | FCA ASIC CySEC KNF | ASIC CySEC ASF FSC KNF |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Admirals | Visit XM |
Admirals vs XM 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
USD 5 minimum deposit
Strong bonus program
Multilingual support
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
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
Spreads not as tight as ECN-style brokers
Not available to US clients
No raw spread account option
Inactivity fee applies
No proprietary platform
Admirals vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Admirals
criteria win
0
XM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Admirals | XM |
|---|---|---|
| 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 | 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 |
Admirals vs XM: Frequently Asked Questions
Admirals and XM share the same editorial score of 4.3/5. The right choice depends on your priorities: trading costs, platform preference, or regulatory coverage.
Admirals offers tighter spreads starting from 0.5 pips, compared to XM's spreads from 0.6 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
XM has a lower minimum deposit of $5, while Admirals requires at least $100. This makes XM more accessible for traders with limited starting capital.
Both Admirals and XM 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: XM has a lower minimum deposit ($5), lowering the barrier to entry; 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 XM offers up to 1000:1. 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 XM offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5.
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Score 4.3 / 5
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