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 TD Ameritrade FX.
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. TD Ameritrade FX received a rating of 4.00 stars over Admiral Markets's 3.50 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. Admiral Markets and TD Ameritrade FX both are regulated in a major hub. TD Ameritrade FX is a publicly traded company, while Admiral Markets is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. TD Ameritrade FX offers its clients access to 77 different currency pairs while Admiral Markets has 55 available pairs, a difference of 22.
To round out our comparison of Admiral Markets vs TD Ameritrade FX, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Admiral Markets offers Meta Trader while TD Ameritrade FX does not. 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. TD Ameritrade FX trails Admiral Markets by 11 total charting tools, with Admiral Markets offering 31 and TD Ameritrade FX offering 20. TD Ameritrade FX offers its clients access to 377 different indicators (for example, volume) while Admiral Markets has 51 available indicators, a difference of 326.
Overall, TD Ameritrade FX boasts 4.50 stars versus Admiral Markets's 4.00 stars. And, when it comes to individual category awards, TD Ameritrade FX posted awards Best in Class - Mobile Trading in 2018, while Admiral Markets found itself with Best in Class - Investor Education.