Compare Interactive Brokers Vs Admirals: Which is the Better Forex Broker in 2023?
Interactive Brokers Vs Admirals, 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 Interactive Brokers Vs Admirals, here is the direct comparison:
Compare | Interactive Brokers | Admirals |
General Rating |
4.53/5 |
4.22/5 |
Trustpilot |
3.9/5 2260 users |
4.5/5 1508 users |
πΌ Regulation | ||
βInformation | Testimonials (20), News (22), Articles (1) | Testimonials (107), News (29), Articles (27), Bonus (1), Webinars (413) |
β Established | 1977 | 2001 |
π² Min Deposit | $10000 | $1 |
β Max Leverage | 1:100 | 1:500 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $1.8 to $3 per lot for Forex & Metals | |
π‘ Min Position | 0.25 lot | 0.01 lot |
π³ Payment | Wire transfer, Check and BPAY | AstroPay, Crypto, Credit/debit cards, iDEAL, Neteller, PayPal, Skrill, SOFORT and Wire transfer |
π’ Office(s) |
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π§© Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
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π£ Website Languages | German, Spanish, French, Italian, Japanese, Russian, Chinese | Arabic, Bulgarian, Croatian, Czech, English, Estonian, German, Hungarian, Italian, Latvian/Lettish, Malay, Polish, Portuguese, Romanian, Russian, Serbian, Slovenian, Spanish, Swedish, Turkish, Vietnam |
πͺ Trade Now | Open Interactive Brokers | Open Admirals |
Compare Again
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I have worst CS moment here. They are a bit...
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While the platform is good. When you have a problem...
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The web site does not always connect you may have...
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The platform is absolutely solid and the folks at IB...
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Pros: Fast, InexpensiveCons: Terrible Scanner, Horrible Charts, Customer Services...
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Good but withdrawal fee is high
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Data Breach.
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Good but there are drawbacks
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Amazing and responsible
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Frustating!!
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See More Interactive Brokers Testimonials
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See More Admirals Testimonials
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Interactive Brokers Trading Volume is Dropped
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Admirals Launches Services in Nigeria
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ASIC Suspends Interactive Brokers Stock Lending Products
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Changes on Admirals Trading Hours Schedule at the End of March
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Interactive Brokers Applies New Look on IBKR Campus Website
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Interactive Brokers Offers Algo Trading in Taiwan
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Admirals Revenue Decreasing in 2022
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Illio Launches Consumer App on Interactive Brokers
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Aglobe Investments Transformed into Admirals SC
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See More Related Interactive Brokers News
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See More Related Admirals News
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What is Admirals Wallet?
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An Admirals' Guide to Trade GBP/USD Successfully
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How to Get Admirals 100 Percent Welcome Bonus
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The Complete Guide to Islamic Account: Admirals Edition
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Claim Your 35 Percent Cashback from Admirals TradeDays
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Admirals Mobile App: An Honest Review
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Admirals' Best Tips to Manage Your Investment
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How to Withdraw Money from Admirals
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Saxo Bank and Interactive Brokers: Which One is the Best?
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See More Related Interactive Brokers Article
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The Investing Series
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Admirals Morning Briefings with Theo Theodorou, a live trading webinar
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Trading with Dr. Elder. Open webinar
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Admirals Morning Briefings with Theo Theodorou, a live trading webinar
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Ultimate Price Action Guide: How to incorporate Supply & Demand into Price Action Trading
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Ultimate Price Action Guide: How to return after a trading slump
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Ultimate Price Action Guide: How to trade Price Action on Gold
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Inflation β what it is, how it affects markets and how to trade it
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Who is hot, who is not β preparing for the US market opening with an experienced trader
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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, Interactive Brokers provides their pricing with Fixed spread while Admirals offers Variable spread.
Interactive Brokers vs Admirals: 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, Interactive Brokers enables trading with Web Trader (SerSart), FX-Trader, Trader Workstation. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Admirals provides trading with MetaTrader 4, MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is Interactive Brokers or Admirals 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, Interactive Brokers supports trading with Forex, Gold & silver, CFD, Stocks, Options, Futures, Bonds, ETF, Crypto, while Admirals presents the ability of trading with Forex, CFD, Agriculture, Metals, ETF, Crypto.
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 Interactive Brokers and Admirals:
- Compare Interactive Brokers vs Tickmill
- Compare Interactive Brokers vs FirewoodFX
- Compare Interactive Brokers vs GOMarkets
- Compare Admirals vs IG
- Compare Admirals vs Axiory
- Compare Admirals vs OctaFX
For more comparisons, visit this page.