Written by ForexBrokers.com
In this head to head comparison of Admirals vs Spreadex, 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 Spreadex are both online brokers with distinct regulatory standings and trust rankings. Admirals, established in 2001, holds a high Trust Score of 93 out of 99 from ForexBrokers.com, indicating a highly trusted status. This is supported by their possession of four Tier-1 licenses, which are among the most trusted in the industry, and three Tier-2 licenses. Meanwhile, Spreadex, founded in 1999, has a Trust Score of 71, falling into the average risk category. It holds one Tier-1 license and no Tier-2 licenses. Neither Admirals nor Spreadex is publicly traded or operates as a bank, offering a distinct approach to trading while maintaining their specific regulatory standing.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Year Founded | 2001 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, Admirals and Spreadex both deliver competitive pricing for forex trading. Admirals is rated 4.5 out of 5 stars and ranked #18 of 63 by ForexBrokers.com. Typical spreads are about 0.8 pips on the Admirals Trade account, with similar pricing available on its Zero account.
Spreadex is rated 4 out of 5 stars and ranked #28 of 63 by ForexBrokers.com. In January 2024, its average EUR/USD spread was 0.81 pips, with a 0.6‑pip minimum achieved about 60% of the time. Admirals edges out Spreadex on overall costs and ranking, while Spreadex remains appealing if you value frequent access to very low spreads.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 0.8 | 0.81 |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, Spreadex lists more total markets than Admirals (about 10,000 tradeable symbols vs. 8,702). That said, Admirals offers more currency pairs for forex traders (82 vs. 52), and both brokers let you trade forex either as contracts for difference (CFDs) or via spot. For crypto, both offer derivatives but do not provide direct, delivered cryptocurrency.
Admirals stands out for access to real shares: you can buy exchange-traded stocks on U.S. and international exchanges (like Apple on NASDAQ or Vodafone in London), while Spreadex does not offer exchange-traded securities. Admirals also supports copy trading; Spreadex does not. Based on ForexBrokers.com’s Range of Investments ratings, Spreadex scores 5 out of 5 stars (ranked #14 of 63), while Admirals earns 4.5 out of 5 stars (ranked #20). In short, Spreadex suits those seeking the widest overall market list, whereas Admirals appeals to traders who want more forex pairs, the ability to buy actual shares, and access to copy trading.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 10000 |
| Forex Pairs (Total) | 82 | 52 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
Admirals and Spreadex both provide free demo accounts for paper trading and each offers a proprietary platform. Admirals stands out for platform choice: it supports Windows desktop software in addition to a web-based platform, and it also lets you trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Spreadex delivers a web platform but no Windows desktop download and does not support MT4 or MT5. If you’re interested in social or copy trading, Admirals has it, while Spreadex does not. Neither broker connects to DupliTrade or ZuluTrade.
For tools, Admirals lists 106 drawing tools versus 11 at Spreadex, and both brokers let you place orders directly from charts. Indicator counts were not provided. Watchlists are flexible on both: Admirals offers seven fields while Spreadex offers eight. Both brokers earned 4 stars for Trading Platforms and Tools; however, in ForexBrokers.com’s category rankings Admirals placed #19 of 63 brokers, while Spreadex ranked #47.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Drawing Tools (Total) | 106 | 11 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and Spreadex both offer mobile trading apps for iPhone and Android, with real-time watchlists and price alerts to help you stay on top of the market. Each app lets you draw trendlines and switch between multiple time frames, from intraday to daily and weekly. One shared gap is watchlist syncing: changes made on mobile don’t sync with the online platform for either broker. In terms of user sentiment, both earn 4 stars for their mobile trading apps.
If you care about charting depth, Admirals has an edge with 30 built-in technical studies, while Spreadex’s indicator count isn’t specified. Admirals also auto-saves your chart drawings, whereas Spreadex does not. Independent rankings from ForexBrokers.com place Admirals at #23 out of 63 brokers for Mobile Trading Apps, compared with Spreadex at #47—useful context if you value strong charting tools and polish in your day-to-day trading.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| 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.
Admirals and Spreadex both cover the basics for market research: you’ll get daily market commentary, forex news from top-tier sources like Bloomberg/Reuters/Dow Jones, a sentiment tool that shows long vs. short positioning, and an economic calendar for upcoming events. That means traders at either broker can follow headlines, gauge crowd sentiment, and plan around key data releases.
The key differences come down to extra research tools. Admirals adds Trading Central, TipRanks, and Acuity Trading (Signal Centre), giving you multiple third-party viewpoints in one place. Spreadex counters with Autochartist for pattern recognition, but it doesn’t include Trading Central, TipRanks, or Acuity. Both are rated 4 stars for Research, yet ForexBrokers.com ranks Admirals #15 out of 63 brokers, versus Spreadex at #32—suggesting Admirals offers broader research depth, while Spreadex appeals if you value Autochartist’s chart setups.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| 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 comparing the educational resources available to beginners from online brokers Admirals and Spreadex, Admirals stands out with its comprehensive selection of learning aids. Both brokers offer a solid foundation for new traders by providing more than 10 educational pieces focused on forex or CFDs, including articles, videos, and archival webinars. However, Admirals offers more interactive learning through online educational webinars held monthly, a feature that Spreadex lacks. Admirals also provides a searchable archive of past webinars, offering ongoing access to valuable content, unlike Spreadex. Furthermore, Admirals caters to all learning levels with over 10 videos specifically designed for beginners, as well as advanced videos for more experienced traders. Spreadex, while offering content for beginners, does not extend to advanced trading videos.
Both Admirals and Spreadex include investor dictionaries with definitions for at least 50 investing terms, aiding newcomers in understanding complex jargon. Despite both being rated 4 stars for education, Admirals is ranked significantly higher, at #12, compared to Spreadex's #45 on ForexBrokers.com's list of 63 brokers. This higher ranking highlights Admirals' broader and more diverse educational offerings, positioning it as a more resource-rich choice for those stepping into the trading world. Overall, for traders seeking extensive educational support, Admirals provides a wider array of learning tools to ensure a well-rounded understanding of trading dynamics.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| 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 Spreadex. Admirals finished with an overall rank of #18, while Spreadex finished with an overall rank of #39.
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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Spreadex
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| Trust Score | 93 | 71 |
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Both Admirals and Spreadex do not offer the ability to buy actual (delivered) cryptocurrency, but they both provide options to trade cryptocurrency derivatives.
Admirals stands out with its versatile financial transaction options, offering ACH, SEPA, PayPal, Skrill, and standard methods like Visa, Mastercard, and bank wires, whereas Spreadex, while supporting Visa, Mastercard, and bank wires, does not provide ACH, SEPA, PayPal, or Skrill as account funding 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 | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Admirals Review | Spreadex Review |
| Broker Screenshots | Admirals | Spreadex | |
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| Regulation | Admirals | Spreadex | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 2001 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Spreadex | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| 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 |
| Investments | Admirals | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 10000 | |
| Forex Pairs (Total) | 82 | 52 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Drawing Tools (Total) | 106 | 11 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | Spreadex | |
|---|---|---|---|
| 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 | N/A | |
| 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 | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | Spreadex | |
|---|---|---|---|
| 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 | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Admirals Review | Spreadex Review |
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