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 |
When comparing online brokers Admirals and Spreadex, both offer competitive commissions and fees, yet there are distinct differences between them. Admirals stands out with competitive pricing in their Trade and Zero accounts, providing typical spreads starting at 0.8. This effective pricing strategy earns Admirals a commendable rating of 4.5 stars and secures its position at #17 out of 63 brokers in the Commissions and Fees category as ranked by ForexBrokers.com.
On the other hand, Spreadex offers average spreads of 0.81 pips for EUR/USD, with a more attractive minimum spread of 0.6 pips being achieved in 60% of the observed trading period throughout January 2024. While its cost structure earns a respectable 4-star rating, Spreadex ranks slightly lower at #27 among 63 brokers evaluated for commissions and fees. This indicates good value, although slightly behind Admirals in terms of pricing competitiveness.
| 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 comparing Admirals and Spreadex, both online brokers offer forex trading via CFDs or spot contracts, providing traders with access to diverse currency markets. Admirals extends a vast array of 8,702 tradeable symbols, slightly fewer than the 10,000 available with Spreadex. However, Admirals prevails with a broader selection of forex pairs, offering 82 compared to Spreadex's 52. Furthermore, Admirals distinguishes itself by enabling investment in exchange-traded securities on U.S. and international exchanges, allowing clients to purchase stocks like Apple and Vodafone, a feature that Spreadex does not offer.
For those interested in cryptocurrency, neither Admirals nor Spreadex supports purchasing actual cryptocurrencies, but both facilitate trading in cryptocurrency derivatives. Admirals offers innovative options such as copy trading, which is not available with Spreadex. Despite trading slightly fewer symbols than Spreadex, Admirals earns a solid rating of 4.5 stars for its range of investments, while Spreadex stands at a perfect 5 stars. According to ForexBrokers.com, Admirals is ranked 19th out of 63 brokers in the Range of Investments category, with Spreadex holding a higher rank at 13th. Both brokers provide comprehensive investment options, catering to various trading preferences and strategies.
| 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 offer traders a variety of options when it comes to trading platforms and tools, but there are key differences that set them apart. Admirals provides a comprehensive range of platforms, including its proprietary system, the ever-popular MetaTrader 4 (MT4), and MetaTrader 5 (MT5). It also supports a Windows-based desktop platform, making it versatile for different user preferences. On the other hand, Spreadex also has its own proprietary web-based platform but lacks a Windows desktop option and the advanced trading tools like MT4 and MT5. Both brokers offer paper trading to simulate live trading without financial risk.
When it comes to charting and technical analysis features, Admirals outshines Spreadex by a significant margin. Admirals offers 106 drawing tools, in contrast to Spreadex’s 11, and both brokers allow for trading directly from stock charts. Admirals also supports copy trading, a feature absent in Spreadex’s offerings. Despite these differences, both brokers maintain a 4-star rating for their trading platforms and tools. However, Admirals ranks higher on ForexBrokers.com, coming in at #19 out of 63 brokers, compared to Spreadex’s #46 rank, indicating a preferred choice among traders seeking a feature-rich trading experience.
| 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.
When it comes to mobile trading apps, both Admirals and Spreadex offer versions compatible with iPhones and Android devices. They equally provide stock and forex price alerts, a handy feature for traders on the go. However, neither broker supports watchlist symbol syncing, meaning changes made in the mobile app won't sync automatically with your online account. Admirals stands out in charting tools, offering 30 different technical studies, a feature not detailed for Spreadex. Both apps allow for drawing trendlines and viewing multiple time frames, but only Admirals' app will auto-save chart drawings, which can save traders time and effort.
In terms of watchlist capabilities, both Admirals and Spreadex allow the creation of watchlists with real-time quotes. Rated four out of five stars for their mobile trading capabilities, Admirals and Spreadex offer competitive platforms. Yet, based on rankings by ForexBrokers.com, Admirals takes a higher spot at #23 compared to Spreadex's #46 ranking among 63 brokers. This suggests that while both apps are reliable, Admirals may offer a slightly richer user experience in terms of features and overall satisfaction.
| 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.
Both Admirals and Spreadex provide daily market commentary and access to top-tier forex news from sources like Bloomberg and Reuters, ensuring traders stay informed with timely information. Admirals distinguishes itself with exclusive offerings such as market research from TipRanks and Trading Central's analytical tools, enhancing its research suite. Spreadex, on the other hand, includes Autochartist's technical analysis resources, giving traders different analytical options. Both brokers offer sentiment-based trading tools and comprehensive economic calendars, providing insights into global economic movements.
While Admirals and Spreadex are evenly matched with a research rating of 4 stars each, Admirals edges ahead in the ForexBrokers.com's Research rankings, holding the 15th spot compared to Spreadex's 31st. This ranking reflects Admirals' broader range of advanced tools and research services, making it a compelling choice for traders seeking in-depth market insights. Spreadex remains a viable alternative with its specialized technical analysis support, catering to traders with specific analytical preferences.
| 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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|---|---|---|
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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 |
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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) | No | No | |
| 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 | 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 | 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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