ThinkMarkets vs Admirals: Which One is Better for You?


ThinkMarkets 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 ThinkMarkets vs Admirals, here is the direct comparison:

Feature
Go to ThinkMarkets

Go to Admirals

Rating

General Rating 4.09/5
Trustpilot 4.3/5

rated by 79 users
4.6/5

rated by 525 users

General Information

Office(s) Australia, Japan, South Africa and United Kingdom Argentina, Australia, Bulgaria, China, Croatia, Czech Republic, Germany, Hungary, India, Indonesia, Italy, Jordan, Latvia, Lithuania, Poland, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain and United Kingdom
Regulation ASIC 424700
FCA (UK), 629628
FSA (Japan), 19/02/2021
FSCA (South Africa), FSP No 49835
ASIC, 28381
CySEC 201/13
FCA (UK), 595450
FSA (Estonia), 10932555
FSA (Seychelles), 8426894-1
Jordan Securities Commission, 57026
Established 2010 2001
Minimum Deposit $1 $100
Maximum Leverage 1:30 1:500
Spread Variable Fixed
Commissions $3.50 $3
Minimum Position 0.01 lot 0.01 lot
Payment Bitcoin, BPAY, Credit/debit cards, Ethereum, Neteller, PayPal, Skrill and Tether (USDT) AstroPay, Bitcoin, Credit/debit cards, iDEAL, Neteller, PayPal, Skrill, SOFORT and Wire transfer
Official Website Visit ThinkMarkets Visit Admirals

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, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese Arabic, Bulgarian, Croatian, Czech, English, Estonian, German, Hungarian, Italian, Latvian/Lettish, Malay, Polish, Portuguese, Romanian, Russian, Serbian, Slovenian, Spanish, Swedish, Turkish, Vietnam
Email Support
Call Support
Chat Support

Reviews

General Review Read ThinkMarkets Review Read Admirals Review
User Reviews

Jaxon

Sep 20 2020

After a couple years trading with other brokers it has is refreshing to be dealing with an honest, professional team. Their support team is very friendly and responsive. I would recommend ThinkMarkets to any trader.

Addison

Sep 20 2020

I lost hope after they closed all my profiting trades and when I check the trading history, there's no trades showing up it like I didn't open any trades. When I talked to live support they said I had trades opened but they were all closed because of margin call. That's really wierd and suspicious.

More User Review

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.

More User Review

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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, ThinkMarkets provides their pricing with Variable while Admirals offers Fixed.



ThinkMarkets 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, ThinkMarkets enables trading with MetaTrader 4, MetaTrader 5, ThinkTrader. The offer is supported with Mobile trading, Browser-based platform, One-click trading, Trailing stop, Pending orders, One-Cancels-Other (OCO) orders. In comparison, Admirals provides trading with MetaTrader 4, MetaTrader 5 with the support of Mobile trading, One-click trading, Trailing stop, Pending orders.



Is ThinkMarkets 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, ThinkMarkets supports trading with Forex, Gold & silver, CFD, Indexes, Cryptocurrencies, while Admirals presents the ability of trading with Forex, CFD, Cryptocurrencies, Agriculture, Metals, ETF.

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.

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