To find the top fx brokers
, the team here at ForexBrokers.com collected over 6,000 data points during a seven month review of the forex industry. In this fx broker comparison, we will compare Admiral Markets vs easyMarkets.
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Admiral Markets received a rating of 3.50 stars over easyMarkets's 3.00 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both Admiral Markets and easyMarkets are regulated in a major hub. Neither are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. easyMarkets offers its clients access to 97 different currency pairs while Admiral Markets has 55 available pairs, a difference of 42.
To round out our comparison of Admiral Markets vs easyMarkets, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Admiral Markets alongside easyMarkets offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Admiral Markets and easyMarkets offer the same number of charting tools, 31. Both Admiral Markets and easyMarkets provide clients with access to 51 total indicators (eg, moving averages).
Overall, both Admiral Markets and easyMarkets hold a 4.00 star rating. And, when it comes to individual category awards, Admiral Markets posted awards Best in Class - Investor Education in 2018, while easyMarkets found itself with none of these.