XTB vs Admiral Markets - Fees Review included
Which broker is better XTB or Admiral Markets? Our expert assessment conducted according to TU’s own methodology showed that XTB is one of the top brokers in the financial market with the TU Overall Score of 5.17 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 | XTB | Admiral Markets |
|---|---|---|
Overall |
4.3 |
4.7 |
4.7 |
5 |
|
3.8 |
4.8 |
|
4.7 |
4.7 |
|
Investment Instruments |
1 |
4.5 |
Platforms and Charting Tools |
4.4 |
4.6 |
Deposit and Withdrawal |
4.8 |
4.4 |
Research |
4.1 |
4.6 |
Education |
4.4 |
4.4 |
Support |
4.5 |
4.4 |
Bonuses |
4.6 |
3 |
|
|
|
XTB vs Admiral Markets: Pros and Cons
The X Trade Brokers (hereinafter “XTB”) is registered in Belize and provides a fairly extensive list of financial services to traders. The company was incorporated in 2002 and its financial regulator is the Belize International Financial Services Commission (IFSC). The broker has offices in Spain, Poland, and the UK, where it is authorized and regulated by the National Financial Supervision Commissions. The XTB is focused on working primarily with European investors. It has several significant awards, including the Best Broker in Europe award by Global Banking & Finance Review and Best Financial Teacher by World Finance Exchange & Brokers.
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.
| XTB | Admiral Markets | |
|---|---|---|
| Overall Pros | 2100+ trading instrumetns | Well-Regulated broker |
| Big choice of ETF CFDs | 3400+ trading instruments | |
| Everage EURUSD spread 0.1 pip | Low trading and non trading fees | |
| Advanced xStation trading platform | Invest account for stock and ETF trading | |
| Well regulated broker | 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 | High non trading fees - 1.5% commission for withdrawal to credit cards, Account fee 10EUR etc. | No forex bonuses |
| High stock CFDs fees |
XTB vs Admiral Markets: Safety and Regulation
| Regulated By: | XTB | Admiral Markets |
|---|---|---|
US Regulation |
NO |
No |
FCA (Great Britain) |
Yes |
Yes |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
No |
Yes |
Other Regulators |
International Financial Services Commission in Belize. (IFSC License No.: 000302/185) |
Jordan (JSC), South Africa (CIPC) |
XTB vs Admiral Markets: Trading Conditions
| Trading Conditions | XTB | Admiral Markets |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MetaTrader 4 and xStation 5 |
МТ4, MT5 |
Max Leverage (Futures) |
1-500 (only for non EU and UK clients), 1-30 |
1-500 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals, Cryptocurrencies and ETFs |
Forex, Stocks, ETFs, CFDs on indices, commodities, crypto, metals, stocks, bonds |
Trading assets |
2100+ |
3500+ |
Trading Accounts |
Demo, Standard, Pro, Islamic |
Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT4, Zero.MT5 |
Base Account Currencies |
USD |
EUR, USD, GBP, CHF, BGN, RUB, RON, PLN, HUF, HRK, CZK |
XTB vs Admiral Markets: Fees
Forex Trading Fees
| Fee | XTB | Admiral Markets |
|---|---|---|
Standard Account EURUSD Average Spread |
1 pip |
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 | XTB | Admiral Markets |
|---|---|---|
CFD Trading Fee |
0.3% for stock and ETF CFDs trading, 4USD per 1 BTC, 10 ETH, 1000 LTC |
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 | XTB | Admiral Markets |
|---|---|---|
Account Fee |
$10 EUR per month |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
1.5% of the amount (but not less than USD 30) when withdrawing money to a bank card (Visa, Mastercard), as well as when withdrawing to SafetyPay. When withdrawing to Neteller and Skrill, XTB charges 2% of the withdrawal amount. |
No |
Inactivity Fee |
€10 per month after 12 months of inactivity |
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.
XTB vs Admiral Markets: Trading Assets
| Asset Name | XTB | Admiral Markets |
|---|---|---|
Overall |
2100+ |
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 |
Yes (CFD) |
Yes |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
XTB or Admiral Markets: Investment Programs
| Asset Name | XTB | Admiral Markets |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Admiral Markets or XTB
| XTB | Admiral Markets | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
xStation 5 |
Admirals, StereoTrader |
Others |
No |
No |
|
|
|
XTB vs Admiral Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | XTB | Admiral Markets |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
No |
XTB vs Admiral Markets: Research
| Research Type | XTB | Admiral Markets |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
No |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
XTB vs Admiral Markets: Education
| Education Type | XTB | Admiral Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
Admiral Markets vs XTB: Support
| Support Features | XTB | Admiral Markets |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
XTB vs Admiral Markets: Forex Bonuses and Promo
| Promo | XTB | Admiral Markets |
|---|---|---|
Forex Bonus |
Welcome bonus for non UK/EU & MENA residents . 50% of your first deposit can be added to your account if you trade a minimum amount of lots (15% of your first deposit amount) within 60 days of your account opening, clients should aply for Welcombe bonus and deposit at least $100. |
No |
Affiliate Program |
The XTB affiliate program allows a client of the company to earn additional income by advertising the broker and attracting new clients. The amount of such income is up to 20% of the spread of the referred client |
up to $600 per client |
Other Promos |
he XTB cashback (rebates) program is primarily for traders who trade actively. The client has the opportunity to receive partial compensation of the spread, subject to the fulfillment of the monthly trading volume |
|
|
|
|
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 XTB
-
Comment
XTB’s platform works perfectly, there are almost no slippages or requotes, and execution is usually instant, which significantly increases the chances of profit. Few brokers can boast of such a high-quality platform.
-
Comment
There are quite a lot of brokerage companies. There are good and bad brokers, and those who have nothing to do with financial markets at all. XTB is not a perfect company, but it has many advantages over others. Its main advantage is client support, account maintenance, and a low entry threshold. Personally, I decided on this company.
-
Comment
I chose XTB among many brokers 6 months ago. Spread is low, execution is smooth, and withdrawals are quick on weekdays. This is quite enough for me.
-
Comment
xtb is an excellent company, I have been working with it for 3 years. I withdraw large sums to the card. The quotes are even without problems, there is a choice of other platforms, and fees are minimal. I totally confirm reviews of xtb!
-
Comment
I consider xtb a promising broker. I worked with it for some time — everything was excellent and most importantly of high quality. When I was withdrawing funds for the first time, I had to wait a little and I even started to get nervous, but in the end everything worked out. So I recommend this company as honest and of high quality.
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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.