Written by ForexBrokers.com
In this head to head comparison of Admirals vs FP Markets, 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.
Admirals and FP Markets are two well-known online brokers, each with their own strengths in terms of trust and regulatory compliance. Admirals, established in 2001, holds a strong position with a Trust Score of 93 out of 99 from ForexBrokers.com, indicating it is highly trusted. This trust is reinforced by its ownership of four Tier-1 licenses and three Tier-2 licenses. On the other hand, FP Markets, founded in 2005, has a Trust Score of 89, earning it a trusted status. It holds two Tier-1 licenses and one Tier-2 license, which assures clients of its reliability, although slightly less than Admirals.
Neither Admirals nor FP Markets is publicly traded or operates as a bank, which could be important considerations for potential clients looking at ownership and stability factors. While both brokers uphold strong compliance with international standards, Admirals edges ahead with a higher number of top-tier regulatory licenses and a higher trust score, appealing to those prioritizing regulatory oversight in their trading journey.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Year Founded | 2001 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees structures of Admirals and FP Markets, each has its own strengths. Admirals offers competitive pricing with typical spreads of 0.8 on its Trade account, and similar costs on its Zero account type. With a star rating of 4.5 out of 5 in commissions and fees, Admirals is ranked 17th out of 63 brokers according to ForexBrokers.com, indicating solid performance in this category.
On the other hand, FP Markets shines brightly in the global trading community with its highly competitive pricing strategies. Particularly notable for its ECN account offering via MetaTrader and cTrader platforms, FP Markets has earned a stellar 5 out of 5 stars for commissions and fees. It ranks 6th out of 63 brokers, making it a standout choice for cost-conscious traders. Additionally, FP Markets' Iress platform caters to various trader needs with options that provide Direct Market Access; however, this comes at a higher cost, suited more for active traders with significant balances.
For account types, FP Markets' Raw ECN account offers competitive spreads averaging 0.1 pips (0.8 pips when including commission), while its Standard account is higher, averaging 1.1 pips for the EUR/USD currency pair. The cTrader platform supports both spread-only and commission-based accounts, with the Raw account charging a flat rate of $6 per standard forex lot. Those opting for the Iress platform in Australia will find varied account options with different minimum deposits and associated costs but must weigh these against platform limitations unless qualifying for the higher-tier accounts.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 AUD |
| Average Spread EUR/USD - Standard | 0.8 | 1.2 |
| All-in Cost EUR/USD - Active | 0.8 | 0.7 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and FP Markets both offer strong options for online investors looking to trade a variety of financial instruments. Admirals provides access to 8,702 tradable symbols, while FP Markets offers a higher number of 10,000 symbols. For those interested in forex trading, Admirals has the edge with 82 forex pairs compared to FP Markets' 71. Both brokers support CFD and spot contract trading in forex, and each enables investors to trade cryptocurrency derivatives, though neither offers actual cryptocurrency purchases. A notable distinction is that Admirals allows clients to invest in exchange-traded securities on both U.S. and international exchanges, enabling trades in companies like Apple and Vodafone. In contrast, FP Markets does not provide this option.
When it comes to additional features, both Admirals and FP Markets offer copy trading for investors looking to replicate the strategies of seasoned traders. Despite Admirals' broader range of exchange-traded securities, both brokers earn a consistent 4.5-star rating for their range of investments. Moreover, FP Markets slightly edges out Admirals in the ForbesBrokers.com ranking, coming in at #18 compared to Admirals' #19 out of 63 brokers. This detailed comparison highlights key differences and similarities, assisting investors in choosing the platform that best fits their investment preferences.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 10000 |
| Forex Pairs (Total) | 82 | 71 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
When comparing Admirals and FP Markets, both online brokers shine with a range of trading platforms and tools that cater to traders of all levels. Admirals, as well as FP Markets, offer simulated trading with free virtual demo accounts, allowing users to practice strategies risk-free. Each broker provides its own proprietary platform alongside globally recognized options like MetaTrader 4 and MetaTrader 5. For traders preferring flexibility, both brokers offer Windows-based desktop platforms and web-based trading solutions accessible through any browser. Admirals and FP Markets also support copy trading, enabling users to mimic the trades of successful investors seamlessly.
In terms of charting capabilities, Admirals stands out with a remarkable 106 drawing tools, compared to FP Markets’ 17, providing traders with more options for technical analysis. On the flip side, both brokers allow for convenient trading directly from stock charts and feature watch lists with seven customizable columns. Despite these differences, both Admirals and FP Markets are equally rated with four stars for their trading platforms and tools. However, Admirals ranks slightly higher, coming in at 19th place compared to FP Markets' 23rd ranking out of 63 brokers according to ForexBrokers.com. This comparison highlights both Admirals' and FP Markets' comprehensive offerings, making them strong contenders in the competitive trading platform market.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| 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 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Admirals and FP Markets offer strong options for iPhone and Android users. Each app supports stock and forex price alerts to keep users informed of market changes. While both platforms allow users to draw trendlines and view multiple time frames on stock or forex charts, there's a key difference in charting features. Admirals provides 30 technical studies for its charting tools, whereas FP Markets utilizes the default MetaTrader studies. Additionally, both apps make sure your drawings are auto-saved, but they lack the ability to sync watchlists with their respective online accounts.
For those looking to build watchlists with real-time quotes, both platforms deliver, yet there's a slight difference in their overall mobile app ratings. Admirals and FP Markets each earn a respectable 4 out of 5 stars for their mobile trading experience. According to ForexBrokers.com, FP Markets is ranked slightly higher at #18, compared to Admirals at #23, out of 63 brokers. These rankings reflect the nuanced strengths of each app, giving traders insightful options based on their needs and preferences.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Admirals and FP Markets for market research offerings, both brokers provide daily market commentary and access to top-tier forex news sources such as Bloomberg, Reuters, and Dow Jones. Admirals stands out by providing market research from TipRanks and one or more research tools from Acuity Trading, like the Signal Centre, whereas FP Markets does not include these offerings. Both brokers incorporate Trading Central's technical analysis tools and offer a sentiment-based trading tool to help traders gauge market movements.
In terms of additional services, FP Markets shines by offering tools from Autochartist, a feature Admirals lacks. However, both brokers offer economic calendars showcasing global economic events, helping traders make informed decisions. Admirals and FP Markets are both rated four stars for research, but Admirals ranks higher at 15th place compared to FP Markets at 25th among 63 brokers evaluated by ForexBrokers.com. This highlights Admirals' slight edge in research tools and resources for traders looking for comprehensive market insights.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both Admirals and FP Markets offer a rich array of materials to help newcomers get started in forex and CFD trading. Admirals provides over ten educational pieces, including articles, videos, and archived webinars focusing on forex and CFDs, while FP Markets matches this offering with a similar volume and variety. Both brokers conduct monthly online webinars for clients and maintain searchable archives of these sessions, allowing learners to revisit content at their convenience. Additionally, both Admirals and FP Markets cater to beginners by offering over ten introductory videos on trading topics, making these resources accessible and engaging for new traders looking to build their skills.
Not only do Admirals and FP Markets serve beginners well, but they also offer advanced educational content. Each broker supplies over ten videos that delve into complex trading topics for those further along in their trading journey. Both brokers feature investor dictionaries, providing definitions for over fifty investing terms to further support learning. Admirals is rated four stars for education and holds the 12th position among 63 brokers on ForexBrokers.com, slightly ahead of FP Markets, which shares the same star rating but ranks at 23rd. This ranking suggests that while both platforms offer comprehensive education, Admirals has a slight edge in user satisfaction regarding educational offerings.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 FP Markets. Admirals finished with an overall rank of #18, while FP Markets finished with an overall rank of #19.
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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FP Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 89 |
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Both Admirals and FP Markets provide options for trading cryptocurrency derivatives, without offering the ability to purchase actual delivered cryptocurrency.
When comparing online brokers, Admirals stands out by offering a wider range of deposit and withdrawal options such as ACH, SEPA transfers, PayPal, Skrill, Visa/Mastercard, and bank wires, while FP Markets, although offering PayPal, Skrill, Visa/Mastercard, and bank wires, does not support ACH or SEPA transfers.
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 | FP Markets | |
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| Trust Score | 93 | 89 | |
| Winner | check_circle | ||
| Review | Admirals Review | FP Markets Review |
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| Regulation | Admirals | FP Markets | |
|---|---|---|---|
| Trust Score | 93 | 89 | |
| Year Founded | 2001 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Admirals | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Admirals | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | Admirals | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 10000 | |
| Forex Pairs (Total) | 82 | 71 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | FP Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.7 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| 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 | FP Markets | |
|---|---|---|---|
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | FP Markets | |
|---|---|---|---|
| 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 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | FP Markets | |
|---|---|---|---|
| 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 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | FP Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | FP Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | FP Markets | |
|---|---|---|---|
| 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 | FP Markets Review |
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| Trust Score | 93 | 89 | |
| Winner | check_circle | ||
| Review | Admirals Review | FP Markets Review |
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