Admiralsvs
XMForex Broker Comparison
Two well-regulated brokers face off on fees, platforms, and account types. The tension centers on pricing transparency and the breadth of tradable instruments.
Our Verdict
Too close to call
Admirals and XM are closely matched overall, with a single differentiator. Admirals offers raw spreads via its Zero account, while XM does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Raw spreads available on Admirals Zero account, XM has no raw spreads.
- 2Admirals offers 8000 instruments; XM offers 1400.
- 3Max leverage: Admirals 500:1, XM 1000:1.
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 0.50 pips vs 0.60 pips for XM, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
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 |
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
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. One concrete differentiator: XM requires a lower minimum deposit.
Admirals starts from 0.5 pips, tighter than XM's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
XM has $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. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: XM requires a lower minimum deposit ($5), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Admirals lists maximum leverage of 500:1, while XM lists up to 1000:1. 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 on commission-based accounts. Commission details for XM are not currently available. Check their website for up-to-date pricing.
Admirals supports MetaTrader 5, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4.
