Admiral Markets vs Interactive Brokers: Which One is Better for You?


Admiral Markets vs Interactive Brokers, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Admiral Markets vs Interactive Brokers, here is the direct comparison:

Feature
Go to Admiral Markets

Go to Interactive Brokers

Rating

General Rating 4.22/5
4.53/5
Trustpilot 4.2/5

rated by 78 users
2.5/5

rated by 964 users

General Information

Office(s) Argentina, Australia, Bulgaria, China, Croatia, Czech Republic, Germany, Hungary, India, Indonesia, Italy, Latvia, Lithuania, Poland, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain and United Kingdom Australia, Canada, Hong Kong, Hungary, United Kingdom and United States
Regulation ASIC 28381
CySEC, 201/13
FCA (UK), 595450
FSA (Estonia), 10932555
ASIC, 453554
Central Bank of Ireland, 23.12.2020
CFTC/NFA, 0258600
FCA (UK) 208159
Monetary Authority of Singapore, CMS100917
SEC (US), 8-47257
Established 2001 1977
Minimum Deposit $100 $10000
Maximum Leverage 1:500 1:100
Spread Fixed Fixed
Commissions $3
Minimum Position 0.01 lot 0.25 lot
Payment Bitcoin, Credit/debit cards, iDEAL, Neteller, PayPal, Skrill, SOFORT and Wire transfer BPAY, Check and Wire transfer
Official Website Visit Admiral Markets Visit Interactive Brokers

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Arabic, Bulgarian, Croatian, Czech, English, Estonian, German, Hungarian, Italian, Latvian/Lettish, Malay, Polish, Portuguese, Romanian, Russian, Serbian, Slovenian, Spanish, Swedish, Turkish, Vietnam Chinese, French, German, Italian, Japanese, Russian, Spanish
Email Support
Call Support
Chat Support

Reviews

General Review Read Admiral Markets Review Read Interactive Brokers Review
User Reviews

Timothy

Sep 9 2020

If have traded myself and it was alright. Spread and commissions is however good. Overall I give average.


Mackenzie

Sep 9 2020

I am trading forex since 2 years and worked with 2 companies earlier but i was not satisfied with the execution of trades,depositing and withdrawal with them. Since i joined Admiral Markets the quality of trade execution was great and customer support always helpful.


Carlos Tessaro

Sep 9 2020

Nice experience with them, though there is always place for improvements especially in bringing new platforms to clients.


Lydia MacGill

Sep 9 2020

Everyone has their flaws. but for me admiral markets is great. Order execution is high, slippage is rare.


Diego Michiels

Sep 25 2020

It’s trusted broker of course and regulation with FCA and good people, just sometimes not very often on MetaTrader you can see it’s will stop for few minutes but overall good company. You can trust and put your money on this broker.


Maria

Sep 9 2020

I still learning your MT5 but the drawing tools are not very easy to use.


Evan Weston

Sep 9 2020

They can put spreads in ECN account for more than 200 pips. This is horrible.


cthln001

Sep 9 2020

Support team is excellent so I'm very pleased with their work. They are reliable and no problems on withdrawal.


Bob

Sep 9 2020

Still I think that to get 5 stars Admiral needs its own platform. But they are great broker so far.


Devorah

Sep 9 2020

I would recommend them for sure because they are good broker so far. But they should work on some issues like: lask of stock fundamentals, fees, and withdrawal process using credit cards.


Josephine Maddox

Sep 9 2020

I have tried so many brokers but admiral market is one of the best mt4 broker. They provides free Education and meterial which is very helpful for a trader like me and they have one of the best forex analysis I would recommend admiral market as a best broker no slippage and requoets.


Isaiah Manoj

Sep 25 2020

Low execution times, fast withdrawal and good customer support.


jms57

Sep 9 2020

Unfortunately my scalping robot didn't work too good on this broker. Perhaps they need to lower their spreads to be competitive.


Barbara

Sep 9 2020

I think they manipulate prices because since they promised to come back to me, they never did till now. So I do what I can, I closed my account. Bye.


Thomas

Sep 9 2020

Scalping is a big no from this broker. So disappointing. Also their wide spreads is problem too.


Dunhamm

Sep 9 2020

I thought about giving a 4 star rating for Admiral but decided on 3 because I think that there is more room for improvement on the commission charged. Average broker. I did not have a problem depositing but withdrawal took longer than anticipated.


Marietta

Sep 9 2020

I never advise them. Technical support is very poor. The worst Broker. Very bad in deposit and withdrawal.


Miranda Gultom

Sep 9 2020

I'm having problem with my withdrawal process. They asked me a lot of documents, and so far, just that. I don’t know the problem is from them or my bank because all they do is asking for documents and I'm tired of it.


Josh

Sep 9 2020

MetaTrader Supreme Edition.is absolutely my favourite! It makes possible to test myself. Because I have been trading for 1 year only. And sometimes need help in technical analysis.


Jonathan Graham

Sep 9 2020

Above average broker for me, at least I'm not disappointed. AdmiralMarkets have good system, and fast execution. No problem with withdrwal process. Keep up the good work.


Mona Huang

Aug 14 2020

I have worst CS moment here. They are a bit unprofessional. Every time I called, they are always rude and rushing me. No patient, always asking me to figure out from their website.


De La Cruz

Aug 10 2020

While the platform is good. When you have a problem you can't get to speak to anyone. I have tried numerous times and you wait on hold for a long time more than 20 mins in any case and I have just abandoned the call without getting any resolution.


Regina

Aug 10 2020

The web site does not always connect you may have to log on a number of times to connect. The notifications such as messages do not come up when clicked on, this also usually takes several attempts.


Peterson

Aug 10 2020

The platform is absolutely solid and the folks at IB work continuously to improve it. The customer service, some years ago was mediocre, has improved markedly; and is very good at the present time. The cost to trade is very competitive.
I would recommend the platform.


Herzek

Aug 9 2020

Pros: Fast, Inexpensive
Cons: Terrible Scanner, Horrible Charts, Customer Services


Brianne Jeunh

Aug 8 2020

My application for an interactive brokers account took weeks to review. After those weeks, they sent me a message indicating that they were unhappy with my proof of address and wanted another one. I provided another one several weeks ago, but it's still not reviewed.


Martin James

Aug 7 2020

Support staffs sometimes provide wrong info. Mobile platform is many times laggy.


Kelly Faith

Aug 7 2020

I'm simply tired of fighting access to my account. Tired of trying to make recently added additional investment account available like my initial accounts. Tired of the ineffective phone support that can't do anything but talk with you about helping you fix your account.


Aloius33

Aug 6 2020

I’m really happy with interactive brokers it’s the most complete platform I have used people say it’s complicated for beginners but honestly it took me a couple minutes to set up all my charts and everything I need besides there’s no comisión being a platform that offers ibkr lite.


Kinsey

Aug 5 2020

Exceptionally difficult barriers to entry as a new customer. Customer service is not well trained in solving problems for new clients. Instructions for entry are not definitive and subject to different interpretation.


Rich GG

Jul 31 2020

Their low spreads and cheap commissions are features that I love the most. Good executions, they are geared towards professional traders. So not the best for people who are just starting out or trade little.


State traders

Jul 31 2020

Solid execution, numerous markets, low costs, good technology. It's not an easy platform to learn but as a platform for executing my trading strategies, this is a very good broker.


SJChi

Jul 30 2020

Their IB is either trading against you OR, allowing one of their large clients to. There seems to be either a delay in the data or a total disconnect with the time and sales data emanating from IB that is always to the disadvantage to my account. So you all better avoid this broker.


George

Jul 30 2020

Deposits are easy. But no withdrawals/wires. I followed their directions to a tee and they still refused/declined it.


John Christ

Jul 29 2020

They have so much hidden fees. Please avoid at all cost. Don't let their low commission trades full you, they will make it all up with hidden fees. My Roth IRA has been charged with crazy amount of fees. Trying them out was the worst thing I ever did.


Sierra Kehls

Jul 29 2020

They took my money, defrauded my account, failed to disclose all fees. Hopefully their company will be arrested for these frauds. I am experienced investor and have never been financially violated before.


Borsz

Jul 28 2020

Chaotic margin handling and extremely poor and bad customer service. Bay far the worst CS. Inexpert and bounder. Rarely receive specific answer to my questions.


ED Alabama

Jul 28 2020

If they had zero stars I would have given it to them. I've been trying to get my money back been over 10 days decided to call and they told me I needed a photo ID. I believe they required this when I set my account up. Had I not called I would never had known. Plain and simple they suck stay away.


Anthony Panayo

Jul 28 2020

Terrible to deal with. Website is next to useless. Can't access tax reports. Very unhelpful when ring them up. Once I was locked out and they wont reset my password.


em115

Jul 28 2020

I was not even notified that my account was closed. They sold my shares without my knowledge and closed my account. To me this is theft. If I was getting charged a fee you would at least think they would send you a statement. I received nothing from this company.


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Which one has the better spread?

Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.

However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Admiral Markets provides their pricing with Fixed while Interactive Brokers offers Fixed.



Admiral Markets vs Interactive Brokers: Who hosts the best trading platform?

The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

To support their clients, Admiral Markets enables trading with MetaTrader 4, MetaTrader 5. The offer is supported with Mobile trading, One-click trading, Trailing stop, Pending orders. In comparison, Interactive Brokers provides trading with Web Trader (SerSart), FX-Trader, Trader Workstation with the support of Browser-based platform, One-click trading, Trailing stop, Pending orders.



Is Admiral Markets or Interactive Brokers better in providing the trading instruments?

It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.

In this case, Admiral Markets supports trading with Forex, CFD, Cryptocurrencies, Agriculture, Metals, ETF, while Interactive Brokers presents the ability of trading with Forex, Gold & silver, CFD, Stocks, Options, Futures, Bonds, ETF, Cryptocurrencies.

In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.

Looking for more references? Here are other comparisons related to Admiral Markets and Interactive Brokers:

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