Admiral vs IC Markets - Fees Review Included



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When comparing the Admiral (Admiral Markets) and IC Markets, both brokers provide competitive trading conditions, but IC Markets generally offers lower spreads, particularly for Forex traders using its Raw Spread account. Admiral provides commission-free trading on certain accounts, whereas IC Markets charges commissions on its Raw Spread account but compensates with tighter spreads. Both brokers keep deposit and withdrawal fees minimal, but Admiral may apply an inactivity fee, whereas IC Markets does not.
When evaluating Admiral (Admiral Markets) and IC Markets, many traders check reviews to see what each broker offers. Admiral is often highlighted for its wide range of trading instruments and strong educational resources, making it a great choice for beginners. Meanwhile, IC Markets is known for its low spreads and fast execution, which appeal to scalpers and high-frequency traders.
Choosing the best broker between Admiral and IC Markets comes down to what you need most. If you want a broker with solid educational support and a variety of trading instruments, Admiral is a strong pick. On the other hand, if your focus is on fast execution and tight spreads, IC Markets may be the better option.
For traders looking for the right platform for their trades, the Admiral and IC Markets trading experience offers competitive opportunities:
Admiral provides in-depth market analysis and a wide selection of assets.
IC Markets attracts those who need deep liquidity and institutional-grade pricing.
Each broker fits different types of traders, making it important to choose based on your trading style and goals.
Admiral vs IC Markets
Admiral and IC Markets are compared based on fees, trading conditions, platforms, and regulations. Key differences in spreads, commissions, deposit methods, and account types help traders find the best fit.
Tables provide a side-by-side view of trading assets, leverage, research tools, and customer support. Pros and cons, safety measures, and investment programs are also outlined for a clear evaluation.
Feature | Admiral | IC Markets |
---|---|---|
Overall | 4.7 | 4.7 |
Regulation | 5 | 5 |
Fees | 4.8 | 4.9 |
Trading assets | 4.7 | 4.6 |
Investment instruments | 4.5 | 4.9 |
Platforms and charting tools | 4.6 | 4.4 |
Deposit and withdrawal | 4.4 | 4.6 |
Research | 4.6 | 4.3 |
Education | 4.4 | 4.4 |
Support | 4.4 | 4.6 |
Bonuses | 3 | 2.5 |
Open an account | Open an account Your capital is at risk. | Open an account Your capital is at risk. |
Admiral vs IC Markets: pros and cons
Both IC Markets and Admiral are well-established brokers with strong regulatory oversight and unique advantages. When evaluating the pros and cons of IC Markets and Admiral, traders should consider key factors like trading conditions, regulatory compliance, and platform accessibility. IC Markets is known for its tight spreads, high-speed execution, and ECN pricing model, making it a preferred choice for scalpers and professional traders. Meanwhile, Admiral offers an extensive range of educational resources, diverse asset classes, and strong regulatory backing, making it appealing for beginner and intermediate traders.
A detailed IC Markets and Admiral comparison highlights differences in their features. While IC Markets is ideal for traders looking for low spreads and fast execution, Admiral caters to those who value a broad asset selection and educational support.
Pros and cons | Admiral | IC Markets |
---|---|---|
Overall pros |
|
|
Overall cons | No Forex bonuses | No Forex bonuses |
Admiral vs IC Markets: safety and regulation
Admiral and IC Markets are both regulated brokers, offering a high level of security with Tier-1 regulation. They are licensed under the FCA (UK) and ASIC (Australia), ensuring strict compliance with financial laws. Both provide investor protection, covering up to £85,000 in the UK and €20,000 in the EU, adding an extra layer of security for traders. Additionally, they hold a license from the FSA (Seychelles) but are not regulated by FINRA (U.S.), BaFin (Germany), or CFTC (U.S.).
Safety and regulation | Admiral | IC Markets |
---|---|---|
Max. regulation Level | Tier-1 | Tier-1 |
Investor protection | £85,000 €20,000 | £85,000 €20,000 |
FCA UK regulation | Yes | Yes |
FINRA (U.S) | No | No |
BaFin (Germany) | No | No |
ASIC (Australia) | Yes | Yes |
CFTC (U.S) | No | No |
MAS | No | No |
FSCA SA | No | No |
BVI FSC | No | No |
VFSC | No | No |
FSA (Seychelles) | Yes | Yes |
Admiral vs IC Markets: trading conditions
When comparing trading conditions at Admiral and IC Markets, traders will find differences in deposit requirements, available platforms, and asset selection. While both brokers provide competitive spreads and leverage of up to 1:500, their offerings vary. Admiral supports over 3,500 assets, including Forex, stocks, ETFs, and CFDs on indices, commodities, crypto, metals, and bonds. Meanwhile, IC Markets offers more than 2,000 assets, with a strong focus on Forex, futures, and CFDs. These differences highlight how trading conditions at Admiral and IC Markets cater to different types of traders.
For those selecting a platform, Admiral and IC Markets platforms offer well-known trading solutions. Both brokers support MT4 and MT5, giving traders access to advanced charting tools and automated trading features. However, IC Markets also provides cTrader, an alternative for those who prefer a different interface with additional functionalities, making it an attractive option for experienced traders.
When it comes to funding accounts, the Admiral and IC Markets minimum deposit requirements are notably different. Admiral offers a significantly lower entry point with just $1, making it highly accessible for beginners. In contrast, IC Markets requires a minimum deposit of $200, which may be more suitable for traders looking for a professional trading environment with ECN conditions.
Trading conditions | Admiral | IC Markets |
---|---|---|
Minimum deposit | $1 | $200 |
Trading platforms | МТ4, MT5 | MT4, MT5, cTrader |
Max leverage (Futures) | 1-500 | 1-500 |
Supported markets | Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds | Forex, futures, CFDs on indices, commodities, metals, stocks and bonds |
Trading assets | 3500+ | 2000+ |
Trading accounts | Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 | cTrader, Raw Spread, Standard |
Base account currencies | EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK | USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, BTC |
Admiral vs IC Markets: fees
The IC Markets and Admiral fees structure includes tight spreads and low commissions, which is great for traders looking to minimize expenses. Neither broker charges deposit fees, but withdrawals may come with a 1% or $1 charge. Additionally, accounts that remain inactive for an extended period are subject to a $10 fee.
For traders opening an IC Markets or Admiral account, both brokers provide options for standard and ECN accounts. Standard accounts have a EUR/USD spread starting at 0.1 pips and going up to 1.2 pips, while ECN accounts offer 0.1 pip spreads with a $3 per lot commission, which works well for traders focused on keeping costs low.
When it comes to IC Markets and Admiral spreads, both brokers offer competitive rates, which is beneficial for scalpers and frequent traders who want to reduce expenses. The right choice depends on your trading style and budget.
Fees | Admiral | IC Markets |
---|---|---|
Standard acc. spread EUR/USD, min pips | 0,1 | 0,1 |
Standard acc. spread EUR/USD, max pips | 1,2 | 1,2 |
ECN commission | 3 | 3 |
ECN spread EUR/USD | 0,1 | 0,1 |
Deposit fee, % | No | No |
Withdrawal fee, % | 1 | 1 |
Withdrawal fee, USD | 1 | 1 |
Inactivity fee, $ | 10 | 10 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Admiral vs IC Markets: trading assets
When looking at Forex features, both Admiral and IC Markets offer a variety of assets to match different trading styles. Admiral provides access to over 3,500 instruments, including Forex, stocks, ETFs, indices, commodities, cryptocurrencies, metals, and bonds. Meanwhile, IC Markets focuses more on Forex, CFDs, and futures trading, with support for over 2,000 assets. While both brokers allow CFD trading on most instruments, IC Markets does not offer direct stock trading like Admiral does.
For those looking into Admiral and IC Markets trading, both brokers let traders trade in key global markets. However, Admiral stands out with a wider range of instruments, while IC Markets includes CFD futures trading — something Admiral does not. Choosing between them depends on what assets you prefer and how you like to trade.
Asset name | Admiral | IC Markets |
---|---|---|
Overall | 3500+ | 2000+ trading assets |
Forex | Yes | Yes |
Stocks | Yes | Yes (CFD) |
Metals | Yes (CFD) | Yes (CFD) |
Cryptocurrencies | Yes (CFD) | Yes (CFD) |
Energy | Yes (CFD) | Yes (CFD) |
Indices | Yes (CFD) | Yes (CFD) |
ETFs | Yes | Yes (CFD) |
Bonds | Yes (CFD) | Yes (CFD) |
Mutual funds | No | No |
Stock options | No | No |
Futures trading | No | Yes (CFD) |
Binary options | No | No |
Admiral or IC Markets: investment programs
IC Markets and Admiral investment programs offer different options for traders looking to automate or diversify their trading. Both brokers support copy trading, allowing users to follow and replicate successful traders’ strategies. However, IC Markets offers MAM/PAMM accounts, which are beneficial for money managers handling multiple client accounts, while Admiral does not.
Asset name | Admiral | IC Markets |
---|---|---|
Copy trading | Yes | Yes |
MAM/PAMM | No | Yes |
Managed accounts | No | No |
Other | No | No |
Trading platforms: IC Markets or Admiral
Both Admiral and IC Markets offer a versatile platform selection that suits different trading styles. Both brokers support MT4 and MT5, giving traders access to powerful charting tools, automated trading features, and a wide range of technical indicators. However, IC Markets offers something extra with cTrader, a platform known for its intuitive interface and deep liquidity access, while Admiral does not. This makes the Admiral and IC Markets platform selection a key point when choosing between the two.
When looking at Admiral and IC Markets trading, both brokers have different tools to help traders. Admiral includes StereoTrader for those who prefer more automation and customization, while IC Markets provides its own proprietary terminal designed for high-speed execution. Neither broker supports third-party platforms beyond their current offerings, so traders should think about what they need before choosing a broker.
Trading platforms | Admiral | IC Markets |
---|---|---|
MT4 | Yes | Yes |
MT5 | Yes | Yes |
cTrader | No | Yes |
Appropriate platform | Admirals, StereoTrader | IC Markets terminal |
Others | No | No |
Admiral vs IC Markets: deposit and withdrawal methods
Both Admiral and IC Markets provide various withdrawal options so traders can easily handle their funds. Supported methods include bank wire transfers, bank cards, Neteller, and BTC, so traders have different ways to get their money. However, neither broker provides Wise, Payoneer, or USDT as payment options.
When funding an account, the Admiral and IC Markets minimum deposit amounts are quite different. Admiral is a great choice for beginners, requiring just $1 to start trading, while IC Markets has a $200 minimum deposit. This makes Admiral more accessible for those looking to start with a small amount, whereas IC Markets may appeal to traders seeking ECN trading conditions and tighter spreads.
For those comparing Admiral and IC Markets deposit methods, both brokers offer bank wire transfers, credit/debit cards, Neteller, and BTC, making deposits hassle-free for traders. Ultimately, choosing between these brokers depends more on personal trading style than on differences in deposit or withdrawal methods.
Deposit and withdrawal methods | Admiral | IC Markets |
---|---|---|
Bank Wire | Yes | Yes |
Bank Card | Yes | Yes |
Neteller | Yes | Yes |
BTC | Yes | Yes |
Wise | No | No |
Payoneer | No | No |
USDT | No | No |
Admiral vs IC Markets: research
With extensive Admiral and IC Markets research types, traders gain access to market insights, technical analysis, and expert forecasts. Whether using fundamental data or chart-based strategies, both brokers offer valuable resources to support informed trading decisions.
Research type | Admiral | IC Markets |
---|---|---|
News feed | Yes | Yes |
Fundamental data | Yes | Yes |
Chart analysis | Yes | Yes |
Trading ideas | Yes | Yes |
E-Mail reports | Yes | Yes |
Admiral vs IC Markets: education
Both Admiral and IC Markets offer a variety of learning resources for traders at all levels. Their offerings include demo accounts, webinars, educational articles, and video tutorials, so traders can expand their market knowledge. Whether you’re new to trading or looking to refine your skills, exploring Admiral and IC Markets education is a useful step in building a solid foundation.
Checking out Admiral or IC Markets content for beginners, we found out that Admiral has an edge with its cent accounts, which let new traders practice with small amounts of real money before moving to larger trades. Both brokers provide structured learning materials and hands-on experience, so beginners can trade with more confidence and improve their strategies.
Education type | Admiral | IC Markets |
---|---|---|
Demo-account/Paper trading | Yes | Yes |
Webinars | Yes | Yes |
Articles | Yes | Yes |
Videos | Yes | Yes |
Cent account | Yes | No |
IC Markets vs Admiral: support
The IC Markets and Admiral support services ensure traders receive assistance when needed. Both brokers offer 24/5 customer support through email, phone, and online chat, providing multiple ways to resolve queries efficiently.
For instant help, both IC Markets and Admiral live chats are available, allowing traders to get quick responses. Admiral also supports WhatsApp, while IC Markets does not, giving users an additional communication option.
Support features | Admiral | Admiral |
---|---|---|
Working days | 24/5 | 24/5 |
Yes | Yes | |
Phone | Yes | Yes |
Online chat | Yes | Yes |
Other | No |
Admiral vs IC Markets: Forex bonuses and promo
Many traders look for bonuses and promotions, but Admiral and IC Markets don’t offer many promotions. Neither broker provides a traditional Forex bonus, meaning deposit-based rewards aren’t an option. However, when considering incentives, Admiral and IC Markets offer cashback rebates and referral programs, which may appeal more to traders focused on ongoing benefits instead of one-time rewards.
While there are no direct trading bonuses, both brokers provide affiliate incentives. The IC Markets and Admiral bonus system includes referral rewards, where Admiral gives up to $600 per client, while IC Markets has a commission-based payout structure. This approach is useful for traders who prefer earning through referrals instead of direct deposit bonuses.
Promo | Admiral | IC Markets |
---|---|---|
Forex bonus | No | Not offered |
Affiliate program | up to $600 per client | % of trading commissions |
Conclusion
Admiral and IC Markets offer strong trading conditions, competitive fees, and reliable regulation, making them top choices for traders. Admiral stands out with a lower minimum deposit, more trading assets, and additional educational resources, while IC Markets provides lower spreads, cTrader support, and advanced trading tools. Both brokers have solid regulatory oversight and multiple account options, ensuring security and flexibility for different trading styles.
For traders choosing between Admiral and IC Markets, the decision depends on individual needs. Those looking for a wide range of assets and strong educational support may prefer Admiral, while traders focused on low spreads and fast execution might find IC Markets more suitable. By reviewing fees, platforms, and account types, traders can select the broker that best aligns with their trading goals.
FAQs
What should I start Forex trading with?
Novice traders should explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, and learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECN accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, and customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
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Team that worked on the article
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).