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 |
Looking at commissions and fees, FP Markets takes the lead with a 5-star rating and a #6 ranking out of 63 brokers at ForexBrokers.com, while Admirals earns 4.5 stars and ranks #18. Both are competitively priced for forex and CFD traders, but FP Markets’ ECN pricing and award-winning cost structure can mean lower all-in costs if you want the most price-sensitive setup.
Admirals keeps pricing straightforward with typical spreads around 0.8 pips on the Trade account, and similar pricing on the Zero account type. This makes Admirals appealing if you want tight spreads without juggling complex fee menus.
FP Markets delivers very sharp pricing across MetaTrader and cTrader. Its Raw ECN account averaged 0.1-pip spreads as of October 2023—about 0.8 pips all-in after the $6 per round-turn commission per standard lot—while the Standard account averaged 1.1 pips on EUR/USD. FP Markets also earned Best in Class for Commissions and Fees in the 2024 Annual Awards. Share CFD traders can access DMA pricing on Iress with full depth of book; note that ViewPoint’s platform/data fees are typically waived only if you qualify for Premier or generate at least AUD 150 in monthly commissions, while the lower-cost Iress Investor plan waives monthly fees but limits streaming data and charting.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 AUD |
| Average spread (EUR/USD) - Standard account | 0.8 | 1.2 |
| All-in Cost EUR/USD - Active | 0.8 | 0.7 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and FP Markets both support forex trading as CFDs or spot contracts, offer copy trading, and provide cryptocurrency CFDs (but not actual crypto). FP Markets lists more total tradeable symbols (10,000 vs. Admirals’ 8,702), while Admirals offers more forex pairs (82 vs. 71). A key difference: Admirals lets clients buy exchange-traded shares on U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London), whereas FP Markets does not offer real, exchange-traded stocks.
Both brokers earn 4.5 out of 5 stars for Range of Investments. ForexBrokers.com ranks FP Markets #19 and Admirals #20 out of 63 brokers. Choose FP Markets if you want the widest overall symbol list, or pick Admirals if owning actual U.S. and international shares matters alongside a wide selection of forex pairs and CFD markets.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 10000 |
| Forex Pairs (Total) | 82 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Admirals and FP Markets both check the key boxes for trading platforms and tools. Each broker offers a free demo (paper) account, in-house proprietary platforms, and full support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on Windows desktop or directly in your web browser, use copy trading, and place orders straight from price charts. Both also provide a selection of technical indicators and customizable watchlists to help you track markets and refine your strategy.
For ratings, both Admirals and FP Markets earn 4 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings out of 63 brokers, Admirals places #19 while FP Markets ranks #23, giving Admirals a slight edge. If you want MT4/MT5 alongside a proprietary platform, plus demo access for testing, either broker is a solid pick, with Admirals holding a small lead in overall platform-and-tools standing.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and FP Markets both offer iPhone and Android trading apps with real-time price alerts, chart drawing tools like trendlines, and autosaving for your annotations. Neither app syncs watchlist symbols with your online account, so changes made on mobile won’t carry over to the web. For charting, Admirals includes 30 built-in technical studies, while FP Markets uses the MetaTrader default indicator set in its mobile app.
Both brokers earn 4 out of 5 stars for their mobile trading apps. In ForexBrokers.com’s rankings for Mobile Trading Apps, FP Markets places #18 out of 63 brokers, ahead of Admirals at #23. If you want MetaTrader’s familiar mobile experience and a slightly higher category placement, FP Markets has the edge; if you prefer a defined list of 30 indicators with similar alerting and drawing features, Admirals is a solid pick.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Admirals vs FP Markets for beginners: both brokers deliver beginner-friendly forex and CFD education. Each offers at least 10 videos for newcomers, 10+ advanced videos for growing your skills, and live online webinars at least once a month. That mix of tutorials and recurring sessions makes it easier for new traders to learn core concepts and keep improving over time.
Both brokers earn 4 out of 5 stars for Education. According to ForexBrokers.com, Admirals ranks #12 out of 63 brokers for Education, while FP Markets ranks #23. If you want a slightly higher-ranked learning hub, Admirals has the edge; if you’re focused on frequent webinars and sizable video libraries, FP Markets stands right there with it for beginners.
| Feature |
Admirals
|
FP Markets
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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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|---|---|---|
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| Trust Score | 93 | 89 |
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In an Admirals vs FP Markets comparison for cryptocurrency trading, neither online broker offers buying actual (delivered) crypto, but both support trading cryptocurrency CFDs.
Admirals offers ACH/SEPA for deposits and withdrawals, while FP Markets does not support ACH/SEPA but does support PayPal, Skrill, and bank wire 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, FSRA, or SCA 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 0.8 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.7 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Admirals | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Admirals | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | Admirals | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Admirals | FP Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | FP Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Admirals | FP Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Admirals Review | FP Markets Review |
| Overall | Admirals | FP Markets | |
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| Trust Score | 93 | 89 | |
| Winner | check_circle | ||
| Review | Admirals Review | FP Markets Review |
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