XBTFX vs Admiral Markets - Fees Review included
Which broker is better XBTFX or Admiral Markets? Our expert assessment conducted according to TU’s own methodology showed that XBTFX is one of the top brokers in the financial market with the TU Overall Score of 7.52 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 | XBTFX | Admiral Markets |
|---|---|---|
Overall |
3.7 |
4.7 |
1.2 |
5 |
|
4.2 |
4.8 |
|
3.9 |
4.7 |
|
Investment Instruments |
4.6 |
4.5 |
Platforms and Charting Tools |
4.7 |
4.6 |
Deposit and Withdrawal |
4.5 |
4.4 |
Research |
3.8 |
4.6 |
Education |
3.5 |
4.4 |
Support |
4.1 |
4.4 |
Bonuses |
2.4 |
3 |
|
|
|
XBTFX vs Admiral Markets: Pros and Cons
Established in 2019, XBTFX has been following its core goal to bridge the gap between the cryptocurrency market and brokerage companies. At the same time, the company runs its business based on the principles of high transparency and accessibility. XBTFX is a Cryptocurrency-based Forex and CFD provider that gives customers access to leveraged trading on digital assets and traditional financial markets.
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.
| XBTFX | Admiral Markets | |
|---|---|---|
| Overall Pros | Crypto dposits | Well-Regulated broker |
| Big choice of supported crypto assets | 3400+ trading instruments | |
| Copy trading and MAM services for investors | Low trading and non trading fees | |
| 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 | unregulated broker | No forex bonuses |
XBTFX vs Admiral Markets: Safety and Regulation
| Regulated By: | XBTFX | Admiral Markets |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
Yes |
CySec (Cyprus, EU) |
No |
Yes |
ASIC (Australia) |
No |
Yes |
Other Regulators |
Not regulated |
Jordan (JSC), South Africa (CIPC) |
XBTFX vs Admiral Markets: Trading Conditions
| Trading Conditions | XBTFX | Admiral Markets |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MT4, MT5, Webtrader, Mobile platforms |
МТ4, MT5 |
Max Leverage (Futures) |
1-500 |
1-500 |
Supported Markets |
FX, Commodities, CFDs, CryptoCurrency, Share CFD, Commodities, Metals |
Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Trading assets |
150+ |
3500+ |
Trading Accounts |
Standard, ECN |
Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 |
Base Account Currencies |
BTC, ETH, XRP, USDT, USDC |
EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK |
XBTFX vs Admiral Markets: Fees
Forex Trading Fees
| Fee | XBTFX | Admiral Markets |
|---|---|---|
Standard Account EURUSD Average Spread |
1 pip |
0.6 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
$3.5 per lot |
$3-1.8 per lot |
ECN Account EUR Average Spread |
0.2 pips |
0.1 pip |
CFD Trading Fees
| Fee | XBTFX | Admiral Markets |
|---|---|---|
CFD Trading Fee |
Crypto CFDs - 0.075% per deal, US Stock CFDs $0.10 per share, EU, ASIA, Russia stock CFDs - 0.45% |
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 | XBTFX | 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.
XBTFX vs Admiral Markets: Trading Assets
| Asset Name | XBTFX | Admiral Markets |
|---|---|---|
Overall |
200+ |
3500+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
ETFs |
No |
Yes |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
XBTFX or Admiral Markets: Investment Programs
| Asset Name | XBTFX | Admiral Markets |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Admiral Markets or XBTFX
| XBTFX | Admiral Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
Admirals, StereoTrader |
Others |
No |
No |
|
|
|
XBTFX vs Admiral Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | XBTFX | Admiral Markets |
|---|---|---|
Bank Transfer |
No |
Yes |
Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
No |
XBTFX vs Admiral Markets: Research
| Research Type | XBTFX | Admiral Markets |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
XBTFX vs Admiral Markets: Education
| Education Type | XBTFX | Admiral Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
Admiral Markets vs XBTFX: Support
| Support Features | XBTFX | Admiral Markets |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Twitter, Facebook, Reddit |
XBTFX vs Admiral Markets: Forex Bonuses and Promo
| Promo | XBTFX | Admiral Markets |
|---|---|---|
Forex Bonus |
No |
No |
Affiliate Program |
Earn up to 30% of what your referrals pay in trading fees |
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 XBTFX
-
Comment
I have been working with XBTFX for three months and I am satisfied. Spreads are lower than with other companies. Slippages are fairly low if any. The platform workswithout any problems, I open and close orders instantly. And the support is adequate.
-
Comment
From the very beginning, XBTFX conditions suited me and I was satisfied with a minimum deposit. To achieve results, of course, you need more, but this is a good investment to start with for a novice trader. Then, when you become more experienced, you can increase it and get rich.
-
Comment
Good guys work at xbtfx and I often write to them in the chat. Everything is explained clearly, and I am satisfied with deposit and withdrawal methods. Fees are also good.
-
Comment
I would like to share my experience with XBTFX, which turned out to be a good choice. Among the positive aspects is that this broker allows scalping and also provides high leverage, which can be useful for experienced traders. The account opening process was incredibly fast and took only 3 minutes. I liked that the information on the XBTFX website is accessible, making it easy to interact with. All this made my work in the market easy and comfortable.
-
Comment
I have been trading with XBTFX since 2023, starting with small amounts. Now I am already trading with large amounts and I can wholeheartedly recommend this broker, because execution of orders is excellent and withdrawal of profits is very fast. The broker doesn't interfere with trading.
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.