ETX Capital vs Admiral Markets - Fees Review included
Which broker is better ETX Capital or Admiral Markets? Our expert assessment conducted according to TU’s own methodology showed that ETX Capital is one of the top brokers in the financial market with the TU Overall Score of 4.92 out of 10. Admiral Markets is one of the top brokers in the financial market with the TU Overall Score of 8 out of 10. Find out more about TU Overall Score.
| Feature | ETX Capital | Admiral Markets |
|---|---|---|
Overall |
4.3 |
4.7 |
4.8 |
5 |
|
4.2 |
4.8 |
|
4.6 |
4.7 |
|
Investment Instruments |
1 |
4.5 |
Platforms and Charting Tools |
4.2 |
4.6 |
Deposit and Withdrawal |
3.9 |
4.4 |
Research |
3.1 |
4.6 |
Education |
4.6 |
4.4 |
Support |
4.5 |
4.4 |
Bonuses |
2.3 |
3 |
|
|
ETX Capital vs Admiral Markets: Pros and Cons
The brokerage company ETX Capital was founded in 2002 and belongs to the well-known corporation Monecor Limited, which has been operating since 1965. Headquartered in London, the company is regulated by the FCA (UK Financial Conduct Authority). The broker is aimed at cooperation with traders from EU countries. ETX Capital provides a wide range of trading tools, narrow spreads and quality training materials. In 2018, ETX Capital’s own development TraderPro was recognized as the best trading platform according to the UK Forex Awards and Online Personal Wealth Awards.
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.
| ETX Capital | Admiral Markets | |
|---|---|---|
| Overall Pros | FCA (UK) regulated broker | Well-Regulated broker |
| 5,000+ markets to trade | 3400+ trading instruments | |
| There are commission free shares | Low trading and non trading fees | |
| high-quality educational materials | 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 | complex procedure for opening an account, consisting of four stages | No forex bonuses |
| there are no PAMM accounts or investment programs for generating passive income |
ETX Capital vs Admiral Markets: Safety and Regulation
| Regulated By: | ETX Capital | Admiral Markets |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
Yes |
Yes |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
No |
Yes |
Other Regulators |
No |
Jordan (JSC), South Africa (CIPC) |
ETX Capital vs Admiral Markets: Trading Conditions
| Trading Conditions | ETX Capital | Admiral Markets |
|---|---|---|
Minimum Deposit |
$250 |
$1 |
Trading Platforms |
МТ4, ETX TraderPro |
МТ4, MT5 |
Max Leverage (Futures) |
1-400 |
1-500 |
Supported Markets |
Currencies, indices, stocks, energies, commodities, metals, cryptocurrencies |
Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Trading assets |
5000+ |
3500+ |
Trading Accounts |
Demo, Standard, Premium, Professional |
Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 |
Base Account Currencies |
USD, EUR, GBP |
EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK |
ETX Capital vs Admiral Markets: Fees
Forex Trading Fees
| Fee | ETX Capital | Admiral Markets |
|---|---|---|
Standard Account EURUSD Average Spread |
0.81 pips |
0.6 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$3-1.8 per lot |
ECN Account EUR Average Spread |
Not supported |
0.1 pip |
CFD Trading Fees
| Fee | ETX Capital | Admiral Markets |
|---|---|---|
CFD Trading Fee |
Folatin spread. UK, EU shares - 0.1%, US shares 2 cents per share, Singapore - 0.4% |
Forex and metals - 1.8-3 USD per lot Indices - 0.05-3.0 USD per lot Energy commoditites - 1 USD per lot |
Non-Trading Fees
| Fee | ETX Capital | Admiral Markets |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
No |
No |
Inactivity Fee |
No |
10 EUR per month after 24 monthes of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
ETX Capital vs Admiral Markets: Trading Assets
| Asset Name | ETX Capital | Admiral Markets |
|---|---|---|
Overall |
5000+ |
3500+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes |
Bonds |
Yes (CFD) |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
ETX Capital or Admiral Markets: Investment Programs
| Asset Name | ETX Capital | Admiral Markets |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
Bonds |
No |
Trading Platforms: Admiral Markets or ETX Capital
| ETX Capital | Admiral Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
TraderPro |
Admirals, StereoTrader |
Others |
No |
No |
|
|
ETX Capital vs Admiral Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | ETX Capital | Admiral Markets |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
ETX Capital vs Admiral Markets: Research
| Research Type | ETX Capital | Admiral Markets |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
Yes |
Yes |
ETX Capital vs Admiral Markets: Education
| Education Type | ETX Capital | Admiral Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
Admiral Markets vs ETX Capital: Support
| Support Features | ETX Capital | Admiral Markets |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
FB Messenger |
ETX Capital vs Admiral Markets: Forex Bonuses and Promo
| Promo | ETX Capital | Admiral Markets |
|---|---|---|
Forex Bonus |
No |
No |
Affiliate Program |
Affiliate programs - allow the owners of Forex-themed websites to receive a reward for placing a text link or company banner on their page. |
up to $600 per client |
Other Promos |
||
|
|
Top 5 Reviews on Admiral Markets
-
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.
-
Comment
I don’t recommend trading with admirals. If you don't want to lose all your money, don't open an account here. One reason is that stop loss never works during news. I set a stop loss on most of my positions, but the position was closed at least 20 pips away from the set price. That is, admirals deliberately drains money.
-
Comment
Admirals not only cheats, but simply steals money. My account is blocked, the money is lost. Recovery is not possible. So it’s high time to write my negative review.
-
Comment
I read the reviews below and I'm surprised. Personally, I have not received my withdrawal of the ridiculous amount of $100 from admiral markets since 11/09/2023. They also give me silly answers as best they can.
-
Comment
I am very pleased to work with Admirals. This is an excellent choice for experienced traders. The platform works stably, spreads are very good, a large choice of trading and analytical tools is available, and the user account is easy to use. In addition, there are many ways to deposit and withdraw, which is very convenient. I think that Admirals is at a fairly high level.
Top 5 Reviews on ETX Capital
-
Comment
Unfortunately, etx capital has been closed. Nothing helped them, neither investment nor brand change. And unfortunately, the company refused to pay my money. I can return this money provided that I open an account with Capital.com. But I just wanted to get my money back and no longer work with various dubious brokers. But so far nothing is working.
-
Comment
My account with ETX Capital was suddenly frozen and after weeks of disputes, access was granted, but the balance was zero. Their explanations were unclear; they claimed that my funds were written off as bonuses. I didn’t look further - it immediately became clear that it was some kind of fraud!
-
Comment
I would like to warn everyone against ETX Capital. Believe me, it is better not to test this pseudo-broker. It is not a broker at all, but a scammer. As soon as you make the deposit recommended by managers for successful trading, you simply cease to exist for them. I transferred a considerable amount to ETX Capital and the money disappeared. And my account was blocked.
-
Comment
Unfortunately, I cannot call ETXcapital a normal broker. I opened an account here six months ago, and now I can confidently say that not everything is so simple. The first thing a trader will encounter is requotes and slippages. The second is frequent non-market quotes. ETXcapital withdraws funds, but does not allow trading normally.
-
Comment
How can you trust a company that does as it pleases? I compared quotes from ETX Capital with those of other brokers. They differ significantly. Even quotes on demo and real accounts are different. It raises suspicion that ETX Capital manipulates quotes when necessary. I experienced this - suddenly a quote appeared that simply put my trade in loss. ETX Capital support said everything was normal, that it was okay.
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.