Written by ForexBrokers.com
In this head to head comparison of Admirals vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Admirals and Alpari, regulatory credentials can significantly influence your decision. Admirals, founded in 2001, boasts a high ForexBrokers.com Trust Score of 93 out of 99, placing it in the highly trusted category. This score is backed by Admirals' possession of 4 Tier-1 licenses and 3 Tier-2 licenses, reflecting a strong regulatory position. Despite not being publicly traded or a bank, these licenses emphasize Admirals' adherence to strict financial practices.
Conversely, Alpari, established in 1998, holds a ForexBrokers.com Trust Score of 68, indicating a high-risk category. Unlike Admirals, Alpari does not hold any Tier-1 or Tier-2 licenses, which might raise concerns for potential clients prioritizing regulatory oversight. Alpari is also neither publicly traded nor a bank. Prospective users should weigh these factors carefully when considering Alpari as their broker.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Year Founded | 2001 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When considering online brokers, Admirals and Alpari offer different experiences for their commissions and fees. Admirals stands out with competitive pricing, showcasing typical spreads of 0.8 on its Trade account. This competitive edge is further reflected in the Zero account, which provides similarly attractive pricing. On the other hand, Alpari does not provide specific average spread data, leaving potential users with less clarity on what to expect in terms of pricing.
In terms of user satisfaction, Admirals receives a commendable rating of 4.5 out of 5 stars for its commissions and fees, highlighting its strength in providing cost-effective trading solutions. In comparison, Alpari holds a rating of 4 out of 5 stars, demonstrating respectable customer satisfaction but slightly trailing behind Admirals in this area.
According to ForexBrokers.com, Admirals ranks as the 17th out of 63 brokers in the Commissions and Fees category, showcasing its position as a strong contender among numerous brokers. Alpari, meanwhile, ranks at 41st, indicating a more moderate standing in the market. These rankings give potential traders a clearer picture of where each broker stands in terms of trading costs.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Admirals and Alpari, there are notable differences to consider. Admirals stands out with an impressive selection of 8,702 tradeable symbols, which far exceeds Alpari's offering of 105. When it comes to forex trading, both brokers offer contracts for difference (CFDs) and spot contracts, but Admirals provides a wider choice with 82 forex pairs compared to Alpari's 46. Admirals further distinguishes itself by allowing clients to invest in exchange-traded securities on U.S. exchanges, which Alpari does not offer. However, both platforms offer the option to invest in international exchanges and engage in copy trading, equipping investors with versatile opportunities.
While neither Admirals nor Alpari offers the ability to purchase actual cryptocurrency, they both provide options for trading cryptocurrency derivatives. Admirals receives a stronger rating for its range of investments, earning 4.5 stars and ranking #19 out of 63 brokers, whereas Alpari holds a 3-star rating and ranks lower at #63. This broad range of investment options, notably the inclusion of U.S. exchange-traded securities, positions Admirals as a more comprehensive choice for investors looking for diverse asset classes to enhance their portfolios.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 105 |
| Forex Pairs (Total) | 82 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
For traders exploring platform options, both Admirals and Alpari ensure a wide array of features. Admirals and Alpari provide simulated or paper trading experiences through complimentary virtual demo accounts, making it easier for new traders to learn without financial risk. Additionally, each broker offers their own proprietary platforms, alongside the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, accessible via Windows-based desktop downloads or directly through web browsers. Web-based trading platforms are also available, and users can engage in copy trading on both platforms. However, neither Admirals nor Alpari supports DupliTrade or ZuluTrade.
When it comes to charting tools, Admirals stands out with 106 drawing tools compared to Alpari’s 15. Both brokers grant the capability to trade directly from stock charts, enhancing ease of use for more active traders. Admirals matches Alpari with seven watch-list columns, offering ample ways to track market movements. Overall, both brokers receive a solid rating of four stars for their trading platforms and tools; yet, Admirals achieves a higher ranking of #19 out of 63, as opposed to Alpari's placement at #55 in this category according to ForexBrokers.com evaluations. This positioning reflects a slight edge in the platform experience with Admirals.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When considering mobile trading apps, both Admirals and Alpari offer convenient options for iPhone and Android users. Each app provides crucial features like stock or forex price alerts and the ability to create watchlists with real-time quotes, helping traders stay informed on the go. Admirals and Alpari each support 30 technical studies for charting within their apps, alongside providing capabilities such as drawing trendlines and viewing various time frames on stock or forex charts. However, Admirals has the edge when it comes to auto-saving drawings on charts, a feature not available on Alpari's platform.
While both apps boast a solid four-star rating for mobile trading, Admirals leads in rankings by ForexBrokers.com, securing the 23rd spot out of 63 brokers, compared to Alpari's 56th position. One area where both platforms match shortcomings is the absence of watchlist symbol syncing, a useful feature that could enhance user experience. Despite these differences, both broker apps remain competent choices for traders seeking comprehensive mobile solutions.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Admirals and Alpari for market research services, Admirals stands out with a clear advantage. Admirals offers daily market commentary, which Alpari does not, providing a consistent stream of information for traders. Both brokers provide forex news from top-tier sources such as Bloomberg and Reuters, offering high-quality insights to clients. However, when it comes to specific research tools, Admirals offers a wider variety: it has tools from Trading Central and features a sentiment-based trading tool to help traders gauge market sentiment through long or short positions. Additionally, Admirals provides research from TipRanks and tools from Acuity Trading such as Signal Centre. In contrast, Alpari draws strength from offering analysis tools from Autochartist but lacks the support of Trading Central or Acuity Trading tools.
Both Admirals and Alpari provide access to an economic calendar, a fundamental tool for keeping track of upcoming global news events. Admirals' robust research offerings contribute to its higher rating of 4 out of 5 stars for research, compared to Alpari's 3 stars. Even within the competitive landscape of 63 brokers reviewed by ForexBrokers.com, Admirals holds a significant edge by being ranked 15th for its research capabilities, while Alpari falls much lower at the 57th position. This ranking highlights Admirals' commitment to providing comprehensive research tools and resources to its clients, positioning it as a preferable choice for traders keen on market analysis.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources offered by Admirals and Alpari, it's clear that both online brokers provide a substantial amount of content aimed at helping beginners understand forex and CFDs. Admirals stands out by offering monthly webinars, a searchable archive of past webinars, and a wide range of beginner-friendly videos. In contrast, Alpari does not provide regular webinars or an archive, although it matches Admirals in offering a variety of beginner educational videos and an investor dictionary with over 50 investing terms.
For more advanced traders, Admirals provides at least 10 educational videos tailored for seasoned investors, while Alpari does not offer this resource. Admirals is rated 4 stars for education by ForexBrokers.com, placing it at the 12th position out of 63 brokers. Alpari, with a 3-star education rating, is ranked 48th. For those seeking comprehensive educational offerings, especially live and archived webinars along with materials for more advanced learning, Admirals has the edge over Alpari.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than Alpari. Admirals finished with an overall rank of #18, while Alpari finished with an overall rank of #58.
Traders choose 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.
| Feature |
Admirals
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 68 |
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Both Admirals and Alpari do not offer the ability to buy actual delivered cryptocurrency, but they do provide access to cryptocurrency derivatives.
When comparing online brokers Admirals and Alpari, Admirals stands out by offering a wider range of payment options, including ACH or SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, while Alpari provides Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.
Please note:
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.
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0 of 5| Overall Rating | Admirals | Alpari | |
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| Trust Score | 93 | 68 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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| Regulation | Admirals | Alpari | |
|---|---|---|---|
| Trust Score | 93 | 68 | |
| Year Founded | 2001 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 0 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 105 | |
| Forex Pairs (Total) | 82 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review |
| Overall | Admirals | Alpari | |
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| Trust Score | 93 | 68 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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