Both Exness and Admiral Markets are very well-known among traders worldwide, but which one is better for crypto trading?

Cryptocurrencies have been sweeping the financial world for over 12 years now and it remains to be a hot topic in various popular media. Apart from being an innovative payment method for buying goods, cryptocurrencies can also be a speculative or investment asset. New and veteran traders alike have been joining the ride in the past few years, investing a good sum of money and expecting to gain even more.

If you are planning to dip your toes into crypto trading, signing up for a crypto broker or exchange might be the best option to start. Perhaps you have been asking to yourself "which platform is the best for crypto trading" as there are so many choices in the market.

For your information, there are multi-asset brokers that offer a wide variety of assets aside from crypto to suit the needs of the various types of traders. Exness and Admiral Markets are two such popular examples. Read further to find out which one of them is better for crypto trading.

Exness Vs Admiral Markets

 

Is Exness a Good Broker?

Exness is a popular broker that has over 270,000 clients worldwide. They processed a total of $870 million in withdrawals in the first quarter of 2022. Today, the broker operates in at least 130 countries worldwide under the regulation of multiple top-tier regulators. Along with forex, the broker also offers a number of other trading instruments like stocks, commodities, and cryptocurrencies.

Exness offers swap-free crypto trading on some of the most popular digital assets to trade such as Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash among others. The spreads are floating, so you can check the latest update on the trading platform.

🌐 Website
www.exness.com
Leverage
1:2000
💼 Regulation
💲 Min Deposit
$10
Year Established
2008

PAMM
Trading contests
LAMM
Segregated accounts
VPS
Free education
Islamic account
Copy trading
Compensation scheme
Negative balance protection
Low spread eur/usd
Affiliate program
Trading via API
WebMoney
Skrill
Wire transfer
Neteller

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn't charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the four largest public accounting firms globally.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading with Exness, clients can also make use of its free VPS hosting services. A VPS (Virtual Private Server) offers increased reliability and stability for traders as they can maintain their trades and expert advisors without interruption in the event of unexpected technical issues, such as internet or electricity downtime.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.

The minimum trading size varies, starting from 0.01 lots, while the maximum size is 20 lots. All of the crypto assets can be traded on MT4 and MT5, except for the following assets, which are only available on MT5: XRP/USD, AAVE/USD, LINK/USD, IOST/USD, DOGE/USD, COMP/USD, THETA/USD, CAKE/USD, MATIC/USD, HT/USD, MANAUSD, HBAR/USD, and 1INCH/USD

You can access the market 24/7 except during system maintenance. The broker will reach out to you via email when this happens. But even so, it is important to know that some cryptocurrency pairs may not be available at all times because they have trading breaks. Here's the full schedule:

  • BTC/AUD, BTC/JPY, BTC/CNH, BTC/THB, BTC/ZAR: every Sunday from 21:35 to 22:05 server time.
  • BTC/XAU, BTC/XAG: every Sunday from 22:35 to 23:05 server time.
  • BTC/KRW: from Friday at 22:00 to Monday at 00:30.

Furthermore, Exness allows you to hedge your crypto trades with a hedged margin of 0%. Keep in mind that for BCH/USD, ETH/USD, XRP/USD, and LTC/USD, you won't be able to close orders for a volume of less than 0.1 lots (10 lots for XRP/USD) by hedge or partial closing.

Nonetheless, you can amplify your trade and aim for bigger profits using leverage. Exness allows fixed maximum leverage that is varied depending on the crypto asset. For instance, the fixed leverage for Bitcoin and Ethereum is 1:400, while for other digital instruments like Solana, the fixed leverage is 1:20. Not to mentions this broker also allows crypto payments for it's clients.

Where to Find the Information on the Official Broker Site?

  • This information is reported per Feb 26 2024.
  • We can not ensure if this offering is still available or remain the same in future.
  • The broker announcement page may or may not exist anymore, You may explore Exness homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.

 

Is Admiral Markets a Good Broker?

With no less than twenty years of experience in the industry, Admiral Markets offers a wide variety of instruments along with favorable trading conditions. This broker provides access to forex and CFDs on stocks, energies, bonds, indices, metals, ETFs, and cryptocurrencies. Apart from that, the broker offers high-tech trading platforms, including the industry-standard MetaTrader 4 and MetaTrader 5, as well as a proprietary plug-in called MetaTrader Supreme Edition.

In Admiral Markets, there are more than 20 crypto CFDs to choose from, including Bitcoin, Ethereum, Litecoin, Cardano, Dogecoin, and many more. All of these crypto assets are available to trade on MetaTrader 5 and most of them are available on MetaTrader 4 as well. The broker allows you to access the market 24/7 and trade with considerable leverage.

Admiral Markets' mobile app allows you to easily monitor the markets, access various charts, and manage your trades anywhere and at any time. On top of that, the broker ensures that the spreads are low and stable even during high volatile markets.

 

Which is the Best Broker for Crypto Trading?

First of all, it is important to note that both Exness and Admiral Markets only allow traders to trade with crypto CFDs, which means that you can trade crypto without taking ownership of the underlying asset. This is a great way to avoid risks associated with buying and storing digital currencies in a crypto wallet. There have been cases where users lost their crypto assets due to hacking activities and scams.

To find out which broker is better between Exness vs Admiral Markets, here is a complete breakdown to compare the two:

Crypto Trading Aspects Exness Admiral Markets
⌛Founding Year 2008 2001
💼Regulation and License FCA, CySEC, FSCA, FSSA, CBCS, FSC CySEC, FCA, ASIC, FSCS
🔢Spread From 0 pips Variable
⚖Leverage Fixed depending on the underlying cryptocurrency Up to 1:2 for regular traders, up to 1:20 for professional traders
💻Trading Platforms MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Web Terminal, Exness Mobile App MetaTrader 4, MetaTrader 5
📱Mobile Trading Available Available
📁Trading Accounts
  • Standard Account
  • Pro Account
  • Raw Spread Account
  • Zero Account
  • Trade.MT5 Account
  • Zero.MT5 Account
  • Trade.MT4 Account
  • Zero.MT4 Account
  • Invest.MT5 Account
🕓Trading Hours 24/7 24/7
 Crypto Selections
  • 1INCH
  • AAVE
  • ADA
  • BAT
  • BCH
  • BNB
  • BTC
  • CAKE
  • COMP
  • DOGE
  • DOT
  • ENJ
  • ETH
  • FIL
  • HBAR
  • IOST
  • LINK
  • LTC
  • MANA
  • MATIC
  • SNX
  • SOL
  • THETA
  • UNI
  • XRP
  • XTZ
  • ADA
  • ALDO
  • ATOM
  • BCH
  • BTC
  • DOGE
  • DOT
  • DASH
  • EOS
  • ETC
  • ETH
  • KSM
  • LINK
  • LTC
  • MATIC
  • SOL
  • UNI
  • XLM
  • XMR
  • XRP
  • ZEC

As you can see, both Exness and Admiral Markets have their own pros and cons when it comes to crypto trading. Exness is a solid all-around broker with a good track record, further proving their safety and reliability. Those who are looking to trade crypto assets will surely be pleased with the broad offerings as well as the high accessibility and low trading costs.

On the other hand, Admiral Markets is a reliable brokerage firm that offers a handful of instruments and trading platforms. The combination of high technology and excellent customer support makes it one of the most successful brokerage firms in the market right now.

🌐 Website
admiralmarkets.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$1
Year Established
2001

Bonus offers
Trading contests
Free education
Trading by telephone
PAMM
MAM
Segregated accounts
Affiliate program
Islamic accounts available
Compensation scheme
Negative balance protection
Swap
Low spread eur/usd
VPS
Copy Trading
Neteller
PayPal
Skrill
Wire transfer

 

Final Verdict

Despite the recent downturn in the overall market performance, crypto trading is still in demand. While the mass adoption of cryptocurrency is still highly unlikely, the digital asset has created a volatile trading market suitable for high-risk, high rewards type of trader. Crypto CFDs trading, in particular, gives traders the opportunity to take advantage of the volatile market without having to endure the risks of buying and holding the asset. The market is available 24/7 and offers low transaction fees. With a regulated broker and access to proper risk management tools, crypto trading is definitely hard to pass.

At the end of the day, the answer to the question of which broker is better eventually goes back to your consideration. You need to decide based on your needs and preferences in various aspects, such as fees, trading platforms, and trading accounts. For instance, if you are a day trader, it's highly suggested to pick a broker that offers high execution speed and a good mobile app. This allows you to receive notifications and easily open and close trades from anywhere throughout the day. Meanwhile, if your goal is to diversify your portfolio, it's best to go with a broker that offers a wide variety of instruments.