Admiral Markets vs XM - Fees Review included
Which broker is better Admiral Markets or XM? 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. XM is one of the top brokers in the financial market with the TU Overall Score of 9 out of 10. Find out more about TU Overall Score.
| Feature | Admiral Markets | XM |
|---|---|---|
Overall |
4.7 |
4.5 |
5 |
4.9 |
|
4.8 |
4.3 |
|
4.7 |
4.4 |
|
Investment Instruments |
4.5 |
4.4 |
Platforms and Charting Tools |
4.6 |
4.6 |
Deposit and Withdrawal |
4.4 |
4.7 |
Research |
4.6 |
5 |
Education |
4.4 |
5 |
Support |
4.4 |
4.6 |
Bonuses |
3 |
5 |
|
|
|
Admiral Markets vs XM: 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.
XM Broker was founded in 2009. Initially, the company covered a narrow niche of the trader market, specializing exclusively in intermediary services at the foreign exchange market. It has since experienced considerable success and growth. XM is reliable and safe. It has diversified and is now an international broker operating in almost 190 countries around the world. For over a decade XM Broker has attracted 3,5 million traders, offering unique technological solutions. The company is now being recognised as the Fastest Growing Broker, the Best Forex Service Provider and various other contributing achievements. The team at XM Broker is committed to continually working hard to improve the quality of the services provided every year as they are committed to continually providing the best service to their traders.
| Admiral Markets | XM | |
|---|---|---|
| Overall Pros | Well-Regulated broker | Well-Regulated broker |
| 3400+ trading instruments | Strong research tools | |
| Low trading and non trading fees | Strong education | |
| Invest account for stock and ETF trading | Big Forex bonuses | |
| 6 free stock trades per day | Free deposit and withdrawal | |
| Fee discounts for big volume trading | Instant withdrawal | |
| Any strategy is allowed | 1000+ trading assets | |
| Free VPS | ||
| Direct stock trading, Over 4500 stocks and ETFs | ||
| Overall Cons | No forex bonuses | High spreads |
Admiral Markets vs XM: Safety and Regulation
| Admiral Markets | XM | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
£85,000 €20,000 |
£85,000 €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 |
Yes |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
Yes |
Admiral Markets vs XM: Trading Conditions
| Trading Conditions | Admiral Markets | XM |
|---|---|---|
Minimum Deposit |
$1 |
$5 |
Trading Platforms |
МТ4, MT5 |
MT4, MT5 |
Max Leverage (Futures) |
1-500 |
1:888, 1:30 (for EU, UK clients) |
Supported Markets |
Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Forex, CFDs on indices, commodities, crypto, metals, stocks |
Trading assets |
3500+ |
1300+ |
Trading Accounts |
Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 |
Micro, Standard, Ultra Low, Zero |
Base Account Currencies |
EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK |
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR |
Admiral Markets vs XM: Fees
| Admiral Markets | XM | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,1 |
0,7 |
Standard acc. spread EUR/USD, max pips |
1,2 |
1,2 |
ECN Commission |
3 |
3,5 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
1 |
No |
Withdrawal fee, USD |
1 |
No |
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 Markets vs XM: Trading Assets
| Asset Name | Admiral Markets | XM |
|---|---|---|
Overall |
3500+ |
1300+ |
Forex |
Yes |
Yes |
Stocks |
Yes |
Yes |
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) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Admiral Markets or XM: Investment Programs
| Asset Name | Admiral Markets | XM |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: XM or Admiral Markets
| Admiral Markets | XM | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
Admirals, StereoTrader |
No |
Others |
No |
No |
|
|
|
Admiral Markets vs XM: Deposit and Withdrawal Methods
| Admiral Markets | XM | |
|---|---|---|
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 XM: Research
| Research Type | Admiral Markets | XM |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
Admiral Markets vs XM: Education
| Education Type | Admiral Markets | XM |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
XM vs Admiral Markets: Support
| Support Features | Admiral Markets | XM |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
Admiral Markets vs XM: Forex Bonuses and Promo
| Promo | Admiral Markets | XM |
|---|---|---|
Forex Bonus |
No |
up to $5000 forex bonus, up to 100% forex deposit bonus |
Affiliate Program |
up to $600 per client |
Multi tier affiliate program |
Other Promos |
||
|
|
|
Top 5 Reviews on XM
-
Comment
XM Group offers convenient support — available five days a week via chat and email. I once had to resolve a verification issue, and everything was handled within 30 minutes. I was pleased with the wide selection of terminals: although all are MetaTrader, there are 16 different versions for various devices. I trade on both my smartphone and laptop without any problems. Another plus is the full report on all commissions and transparent conditions — I’ve never encountered any hidden fees.
-
Comment
Account setup was quick and simple. I choose their MT4 trading app and can say it works pretty well. The execution speed is solid, and the spreads on the standard account are within the standards. Overall it’s been a solid experience and must say that the service here is great…
-
Comment
I discovered XM Group because of their trade copying program through MQL5. It’s very convenient for beginners: the service is integrated into MetaTrader, allowing automatic copying of top traders’ deals. I’m subscribed to one ranked trader myself — the results have been positive for three consecutive months, with an average monthly return of 8–12% at moderate risk. I paid a fixed commission for copying, and after a month, I can opt out — very convenient.
-
Comment
It’s a cool broker and it works really well especially because the support are helpful, professional and available 24/7.
-
Comment
I discovered XM Group through the Traders Union rankings — the company ranked among the top brokers. I was impressed by the range of instruments: over 1,000 tradable assets, including 55+ currency pairs, stocks, indices, commodities, and even palladium and platinum. Spreads are very tight, with no markup on most pairs. I especially appreciated the execution speed: 99.35% of orders are filled in less than a second, and I can confirm that personally — I haven’t experienced any delays or requotes. Over the past four months, I’ve made around $700 trading currencies and commodities.
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.