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 account | 0.8 | 0.81 |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and Spreadex both support forex trading as CFDs and spot contracts, and each offers crypto CFDs (but not actual, delivered cryptocurrency). Spreadex lists more total instruments overall (10,000 vs. Admirals’ 8,702), while Admirals provides more forex pairs (82 vs. Spreadex’s 52). Admirals also includes copy trading, which Spreadex does not.
For investing in real shares, Admirals lets clients buy exchange-traded securities on both U.S. and international exchanges, whereas Spreadex does not offer actual shares. In independent ratings for Range of Investments, Spreadex scores 5 stars and ranks #14 out of 63 brokers, while Admirals earns 4.5 stars and ranks #20. Choose Spreadex if you want the widest overall list of symbols, and Admirals if you want more forex pairs, access to real U.S. and global stocks, and copy trading.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 10000 |
| Forex Pairs (Total) | 82 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| 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 Spreadex both make it easy to get started with a free demo account for simulated (paper) trading, and each offers a proprietary platform along with a web-based platform you can use in your browser. Admirals goes further on software choice: it adds a Windows desktop download, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Spreadex does not offer a Windows desktop platform, copy trading, or MetaTrader, but like Admirals, it lets you place trades straight from charts.
In independent testing of trading platforms and tools, both brokers earned 4 stars. That said, Admirals ranks higher overall at #19 out of 63 brokers on ForexBrokers.com, while Spreadex comes in at #47. If you want MT4/MT5 and copy trading alongside web and desktop options, Admirals is the stronger fit; if you’re happy trading in the browser on a proprietary platform without desktop software, Spreadex may suit your needs.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and Spreadex both offer mobile trading apps for iPhone and Android, and each supports price alerts. Neither app syncs watchlists between mobile and the web platform. For charting, Admirals stands out with 30 technical studies, while Spreadex does not list an exact number. Both apps let you draw trendlines, but only Admirals auto-saves your chart drawings; Spreadex does not.
Each broker earns 4 out of 5 stars for Mobile Trading Apps, yet ForexBrokers.com ranks Admirals higher at #23 out of 63 brokers, compared with Spreadex at #47. If you want more built-in charting options and saved annotations, Admirals is the stronger pick. If you primarily need alerts and basic drawing tools, Spreadex remains a capable alternative.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re new to trading and comparing online brokers Admirals vs Spreadex for education, Admirals stands out. Admirals runs monthly client webinars and offers at least ten beginner videos plus ten or more advanced videos, creating a clear path from basics to more advanced forex and CFD topics. Spreadex does provide at least ten beginner videos, but it does not host monthly educational webinars and lacks a sizable set of advanced videos.
Both brokers earned a 4-star Education rating, yet their standings differ: Admirals ranks 12th out of 63 brokers for Education on ForexBrokers.com, while Spreadex ranks 45th. For most beginners who want ongoing webinars and room to grow beyond the basics—especially in forex and CFDs—Admirals is the stronger choice.
| Feature |
Admirals
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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
|
Spreadex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both online brokers Admirals and Spreadex do not support buying actual (delivered) cryptocurrencies, but both allow trading cryptocurrency CFDs.
Admirals vs Spreadex: Admirals offers ACH/SEPA deposits and withdrawals (Spreadex does not), while Spreadex supports bank wires and does not support PayPal or Skrill; availability of PayPal, Skrill, and Visa/Mastercard at both brokers—and bank wires at Admirals—was not specified.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Admirals | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Admirals Review | Spreadex Review |
| Broker Screenshots | Admirals | Spreadex | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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, FSRA, or SCA 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Admirals | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Admirals | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Admirals | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Admirals | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Admirals | Spreadex | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Admirals | Spreadex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Admirals Review | Spreadex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill