Admiral Markets vs OctaFX - Fees Review included
Which broker is better Admiral Markets or OctaFX? Our expert assessment conducted according to TU’s own methodology showed that Admiral Markets is one of the top brokers in the financial market with the TU Overall Score of 6.99 out of 10. OctaFX is one of the top brokers in the financial market with the TU Overall Score of 8.2 out of 10. Find out more about TU Overall Score.
| Feature | Admiral Markets | OctaFX |
|---|---|---|
Overall |
4.7 |
4.1 |
5 |
3.9 |
|
4.8 |
4.5 |
|
4.7 |
2.9 |
|
Investment Instruments |
4.5 |
3.1 |
Platforms and Charting Tools |
4.6 |
4.4 |
Deposit and Withdrawal |
4.4 |
4.6 |
Research |
4.6 |
4.1 |
Education |
4.4 |
3.9 |
Support |
4.4 |
4.1 |
Bonuses |
3 |
4.3 |
|
|
|
Admiral Markets vs OctaFX: Pros and Cons
The Admiral Markets broker company commenced operations in 2001. The broker’s activities are registered and licensed by the Australian Securities and Investments Commission (ASIC). Admiral Markets now operates in more than 40 countries with a cash cycle of up to USD 40 billion. The broker holds a lifetime license issued by the Federal Financial Markets Service. It is also regulated by the Financial Conduct Authority (FCA). Access to the FX+Project as one of their specific features. In 2002 Admiral Markets was awarded the “Forex 2012” (“Best of the Best”) by The New Europe Magazine.
The OctaFX Broker has been providing Forex services since 2011. It operates under the CySEC license and provides favorable conditions for Forex traders. At the moment, OctaFX has been chosen by more than 6.6 million clients worldwide as an intermediary to the financial markets, but the broker is focused on the countries of the Asia-Pacific region. OctaFX is popular in Indonesia, Malaysia, Pakistan and other countries. Its services are used by both active traders and passive investors who prefer to copy the successful trading strategies of other market participants. In 2020, OctaFX was named The Best CFD broker in the Asia-Pacific region by Capital Finance International, and in 2021, The Best Forex Broker in Asia by Global Banking and Finance Review.
| Admiral Markets | OctaFX | |
|---|---|---|
| Overall Pros | Well-Regulated broker | Trading at weekends |
| 3400+ trading instruments | No non-trading commissions | |
| Low trading and non trading fees | Copy trading service | |
| Invest account for stock and ETF trading | ||
| 6 free stock trades per day | ||
| Fee discounts for big volume trading | ||
| Any strategy is allowed | ||
| Free VPS | ||
| Direct stock trading, Over 4500 stocks and ETFs | ||
| Overall Cons | No forex bonuses | Limited number of supported assets |
| High spreads |
Admiral Markets vs OctaFX: Safety and Regulation
| Admiral Markets | OctaFX | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
£85,000 €20,000 |
€20,000 |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
Yes |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
No |
Admiral Markets vs OctaFX: Trading Conditions
| Trading Conditions | Admiral Markets | OctaFX |
|---|---|---|
Minimum Deposit |
$1 |
$100 |
Trading Platforms |
МТ4, MT5 |
MetaTrader 4, MetaTrader 5 |
Max Leverage (Futures) |
1-500 |
1-500, for EU clients - 1-30 |
Supported Markets |
Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds |
32 currency pairs, CFDs on energy resources, cryptocurrencies, indices, gold, and silver |
Trading assets |
3500+ |
70+ |
Trading Accounts |
Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 |
Demo, OctaFX MT4, OctaFX MT5 |
Base Account Currencies |
EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK |
USD, EUR |
Admiral Markets vs OctaFX: Fees
| Admiral Markets | OctaFX | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,1 |
0,6 |
Standard acc. spread EUR/USD, max pips |
1,2 |
1 |
ECN Commission |
3 |
|
ECN Spread EUR/USD |
0,1 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
1 |
No |
Withdrawal fee, USD |
1 |
No |
Inactivity fee, $ |
10 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Admiral Markets vs OctaFX: Trading Assets
| Asset Name | Admiral Markets | OctaFX |
|---|---|---|
Overall |
3500+ |
70+ |
Forex |
Yes |
Yes |
Stocks |
Yes |
No |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes |
No |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Admiral Markets or OctaFX: Investment Programs
| Asset Name | Admiral Markets | OctaFX |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: OctaFX or Admiral Markets
| Admiral Markets | OctaFX | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
Admirals, StereoTrader |
No |
Others |
No |
No |
|
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Admiral Markets vs OctaFX: Deposit and Withdrawal Methods
| Admiral Markets | OctaFX | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
Admiral Markets vs OctaFX: Research
| Research Type | Admiral Markets | OctaFX |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
Yes |
Admiral Markets vs OctaFX: Education
| Education Type | Admiral Markets | OctaFX |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
OctaFX vs Admiral Markets: Support
| Support Features | Admiral Markets | OctaFX |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
yes |
Online chat |
Yes |
Yes |
Other |
Twitter, Telegram, or Facebook |
Admiral Markets vs OctaFX: Forex Bonuses and Promo
| Promo | Admiral Markets | OctaFX |
|---|---|---|
Forex Bonus |
No |
Bonuses of 10% to 50% are paid for each deposit starting at $50 During the period of special offers, the client can request a reward in the amount of 100% of the amount deposited into the account. The bonus is available for withdrawal after meeting the requirements for the trading volume. |
Affiliate Program |
up to $600 per client |
“Invite a friend” - a program that rewards $1 for 1 standard lot traded by the attracted referral, the minimum withdrawal amount is $5; "IB" – (Introducing Broker) the partner receives from $3 to $12 depending on the total number of connected clients; Master IB is a program for those who have created their own IB network. The master trader receives a 10% commission from the profits received by the attracted IB. He also has access to the standard introducing broker remuneration. White Label. It is an attractive solution for existing brokers who want to provide financial services to directly to others. The program makes it possible to use the powerful foundation of FP Markets, but at the same time promote a personal brand. |
Other Promos |
Contests on MT4 demo accounts The winners of the competition, who take the first five prizes, receive real money to their trading account. The amount of remuneration ranges from $40 to $500. The term of the round is four weeks. Money can be withdrawn or transferred to a real account for further use in trading. |
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Top 5 Reviews on OctaFX
-
Comment
Octa offers very transparent trading conditions: no hidden fees and zero deposit commissions. I use Skrill and Visa — everything goes smoothly. The OctaTrader platform is convenient, featuring a built-in idea feed and market event notifications. It’s also nice that cryptocurrency is supported — Bitcoin, Ethereum, and even local bank transfers are available for deposits.
-
Comment
Octa has been confidently established in the market since 2011, serving clients from 150 countries, which reflects the trust of traders worldwide. Licenses from FSC and MISA provide basic regulatory protection, and the availability of negative balance protection allows for trading with peace of mind. A nice bonus is the contests on demo accounts where real money is awarded — an excellent way to improve skills and earn without risk.
-
Comment
Octa offers a well-developed trading infrastructure with over 300 instruments, including 52 currency pairs, 150 stocks, and 34 cryptocurrencies. The minimum lot size starts from 0.01, and leverage goes up to 1:1000. I especially appreciated that 97% of orders are executed without slippage, and the ability to choose between fixed and floating spreads on MT4 and MT5 provides greater flexibility for different trading strategies.
-
Comment
Octa turned out to be one of the few brokers that lets you start trading with just $25 while offering access to three platforms: MetaTrader 4, MetaTrader 5, and OctaTrader. This is especially convenient for those exploring different trading styles. Spreads start from 0.6 pips, and there are no deposit or withdrawal fees, which helps reduce costs at the beginning. Plus, you can copy other traders’ positions through the built-in CopyTrading service.
-
Comment
Been using OctaFX for a while now, and it's pretty good overall. Withdrawing my profits, though, wasn't as smooth as I'd hoped. They have options like Skrill and Neteller, which is fine, but I was bummed Paypal wasn't there. Seems like a pretty standard thing these days. The minimum withdrawal amounts are all over the place too. Five bucks with Skrill, but gotta have a whopping $350 for a bank transfer in India! Crazy difference. At least they tell you upfront how long it takes - one to three hours to process, which sounds okay. Though, they don't mention how long the actual transfer takes, which could be annoying. Don't get me wrong, they have a decent amount of ways to get your money out. Just wish there were a few more choices, like Paypal, you know? And maybe some clearer info on how long everything actually takes. Hopefully they'll sort that out in the future.
Top 5 Reviews on Admiral Markets
-
Comment
Admirals offers a decent risk management system. For most assets, spreads range from 0.1 to 0.4, and execution is Market Execution. Trading is available via WebTrader and mobile app. Support responds within 24 hours. The only downside is a withdrawal fee, but it is fixed with no hidden charges.
-
Comment
You can open an Invest account with as little as $1, but it's not suitable for active trading. For CFD trading, the broker offers access through the MetaTrader platform — with over 5,000 instruments, including bonds and stock indices. The stop-out level is 50% for retail clients. Even during high market volatility, the platform remained stable, and orders were executed without delays.
-
Comment
I was interested in the social trading feature—Admiral Markets offers its own Copy Trading system where you can replicate trades from other traders. The subscription fee is charged only when you make a profit. The MQL5 Community program is also available via MT4/MT5. I tested both— the interface is user-friendly, and the performance stats are displayed accurately.
-
Comment
Leverage conditions vary depending on the regulator — under the FCA, the maximum is 1:30, while with ASIC or CySEC, it can go up to 1:500 if you qualify as a professional trader. This is something to keep in mind when choosing a jurisdiction. Spreads start from 0.2 pips on major pairs, and order execution is stable. On the plus side, the broker is licensed by the FCA, CySEC, ASIC, and JCS. Verification was quick — my documents were reviewed within two days.
-
Comment
I was looking for a reliable broker with excellent service and support and found it in Admirals. There were some difficulties when passing verification due to problems with my passport, but the support was attentive and helped solve all the problems. Now I trade with Admirals and receive a stable income, feeling calm and confident.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to 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, 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/ECT 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, 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.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.