FXCM vs Admiral Markets Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare FXCM vs Admiral Markets.
Does FXCM or Admiral Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Admiral Markets
offers better pricing overall for traders.
Is FXCM or Admiral Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both FXCM and Admiral Markets hold 3 global Tier-1 licenses. FXCM holds 3 global Tier-2 licenses, while Admiral Markets holds 2. In our analysis of 23 international regulators across 50 brokers, FXCM earned a higher Trust Score than Admiral Markets.
Which trading platform is better: FXCM or Admiral Markets?
To compare the trading platforms of both FXCM and Admiral Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXCM offers a better experience. With research, FXCM offers superior market research. Finally, we found FXCM to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both FXCM and Admiral Markets offer MetaTrader 4 (MT4).FXCM and Admiral Markets both offer copy trading.
How many forex pairs and CFDs are available to trade?
Admiral Markets provides traders 80 currency pairs (e.g., EUR/USD) compared to FXCM's 41 available pairs. Forex pairs aside, Admiral Markets offers traders access to 6942 CFDs while FXCM has 440 available CFDs, a difference of 6502.
Can I trust FXCM?
FXCM's parent company is publicly-traded, does not operate a bank, and is authorised by three tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). FXCM is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).
Can I trust Admiral Markets?
Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by three tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC).
Is FXCM good?
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
Is Admiral Markets good?
Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
Overall winner: FXCM
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.