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 the commissions and fees of Admirals and Spreadex, traders will find competitive pricing options in both brokers. Admirals offers typical spreads of 0.8 pips on their Trade account, with similar competitive pricing available on the Zero account type. This positions Admirals as a cost-effective option for traders seeking low trading costs without compromising on service quality.
In contrast, Spreadex provides average spreads of 0.81 pips for EUR/USD as recorded in January 2024. Impressively, Spreadex was able to achieve a minimum spread of 0.6 pips 60% of the time throughout that month. This consistent pricing can appeal to traders who value predictability in their trading expenses.
In terms of ratings and rankings, Admirals garners a commendable 4.5 out of 5 stars for their commissions and fees, placing them 17th out of 62 brokers in the category according to ForexBrokers.com. Spreadex, while rated slightly lower at 4 out of 5 stars, still maintains a respectable position, ranked 27th. Both options offer reliable choices, but Admirals' slightly higher rating and ranking may attract those prioritizing cost efficiency and competitive pricing.
| 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.
Admirals and Spreadex both offer a diverse range of investment options, catering to different trader interests, but there are notable differences. Admirals provides a significant selection of 8702 tradeable symbols, compared to Spreadex's slightly larger offering of 10,000. While both brokers enable forex trading through CFDs or spot contracts, Admirals stands out in terms of currency pairs, offering 82 pairs against Spreadex's 52. Admirals also grants access to exchange-traded securities on U.S. and international exchanges, allowing clients to invest in companies like Apple and Vodafone, an option not available through Spreadex. Both brokers offer cryptocurrency derivatives, but neither allows the direct purchase of actual cryptocurrencies. Admirals distinguishes itself further with the provision of copy trading, which is not offered by Spreadex.
Despite Admirals' wider scope in terms of forex pairs and global exchange securities, Spreadex edges out in terms of overall investment range, achieving a 5-star rating compared to Admirals' 4.5 stars. This distinction is reinforced by Spreadex's #13 ranking for Range of Investments by ForexBrokers.com, positioning it favorably against Admirals' rank of #19 out of 62 brokers. For investors prioritizing diversity within their portfolio, Spreadex provides a broader spectrum of symbols, while Admirals excels in forex depth and international securities. Each broker caters to varying trading strategies, making the choice largely dependent on individual investment preferences and priorities.
| 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.
When comparing the online trading platforms of Admirals and Spreadex, both brokers offer valuable tools for traders but differ in certain aspects. Admirals provides a range of platforms, including its proprietary platform, a Windows-based desktop download, and web-based access, and it supports popular software like MetaTrader 4 and 5. Admirals also offers copy trading services, which can be beneficial for beginners looking to mimic successful trades. Spreadex, on the other hand, provides its proprietary platform and web-based trading. However, it doesn’t support MetaTrader or copy trading, focusing instead on its unique platform features.
Both brokers include a virtual demo account for practice trading. Admirals offers more advanced charting capabilities with 106 drawing tools, compared to Spreadex’s 11. Notably, Spreadex allows a slightly higher number of customizable columns for watch lists. Despite these differences, both platforms enable trading directly from stock charts. Admirals is rated higher in the ForexBrokers.com ranking, positioned at #19 compared to Spreadex's #46, though both achieve a solid 4-star rating for their trading platforms and tools.
| 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.
Both Admirals and Spreadex provide convenient access to mobile trading through apps available on iPhone and Android devices. They share several features, such as price alerts for stock and forex and the ability to draw trendlines. Admirals and Spreadex also allow users to view multiple time frames, like daily, weekly, and intraday, on charts. However, Admirals stands out with its inclusion of 30 technical studies for charting, while Spreadex does not specify the number of technical studies available in its app. Admirals also offers auto-saving of drawings on charts, a feature absent in the Spreadex app, presenting an advantage for those who value continuity in their analysis. Both brokers allow the creation of watchlists with real-time quotes, though neither offers watchlist symbol syncing with their online accounts, which may be a consideration for traders seeking seamless portfolio management across platforms.
When considering ratings and rankings, Admirals scores a favorable average of 4 stars and ranks #23 out of 62 brokers for its mobile trading apps according to ForexBrokers.com. Spreadex matches the 4-star rating but ranks lower at #46. These metrics suggest that while both platforms deliver solid mobile trading experiences, Admirals may provide some advantages through its charting capabilities and overall app performance. This comparison can help traders identify which mobile platform best aligns with their trading needs and preferences.
| 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 excellent resources for market research, catering to traders who seek in-depth insights and updates. Admirals stands out with its offerings of daily market commentary and forex news sourced from top-tier providers like Bloomberg, Reuters, and Dow Jones. This platform enhances its research toolkit with access to Trading Central, sentiment-based tools, TipRanks, and Acuity Trading, delivering a comprehensive experience for any trader. Though Spreadex also offers daily commentary and news from top sources, it leans on Autochartist for technical analysis and lacks some of the additional tools like Trading Central and TipRanks that Admirals provides.
In terms of research tools, both brokers supply an economic calendar, assisting traders in staying updated with global news events. Admirals, however, has a slight edge in its overall offerings, reflected in its ranking by ForexBrokers.com as the 15th best out of 62 brokers for research, compared to Spreadex at 31st. Despite these differences, both brokerages earn a notable four-star rating for research, making them reliable choices based on specific trading preferences and needs.
| 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 it comes to educational resources for beginners, Admirals and Spreadex both offer substantial materials to get new traders started in forex and CFDs. Admirals provides a rich selection of at least 10 pieces of educational content, such as articles and videos, tailored to individuals new to trading. Similarly, Spreadex matches this offering with its own diverse educational resources. Both platforms include over 10 beginner-focused trading videos, ensuring newcomers have plenty of content to consult. Admirals, however, goes a step further by hosting monthly online webinars focused on education, a feature not available with Spreadex. They also offer a convenient searchable archive of past webinars, which Spreadex unfortunately lacks.
Adding to their comprehensive educational lineup, Admirals offers more advanced training options with over 10 videos dedicated to experienced traders, a resource that Spreadex has yet to develop to the same extent. Both companies provide an investor dictionary containing more than 50 investing terms, an invaluable tool for decoding industry jargon. Although both brokers received a four-star rating for education, Admirals is ranked significantly higher, coming in at number 12 compared to Spreadex's rank of 45 among 62 brokers evaluated by ForexBrokers.com. For those prioritizing educational resources, particularly live and recorded webinars, Admirals presents a more extensive array of learning opportunities.
| 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 62 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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