|#||Exchage's Features||ADMIRAL MARKETS Availability|
|#||Accepts US traders||❌|
|#||24 hour trading||✔|
|#||Trading by phone||✔|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||✔|
|#||Interest charges on the balance||✔|
|#||24 hour support||✔|
Admiral Markets is a reputable and popular broker, which is regulated in multiple jurisdictions. Though it has a lot going for it and has emerged as a very good choice, especially for novice traders, there are also some downsides to its overall offering, which may lead existing or aspiring traders to seek alternative solutions for the provision of brokerage services. One such downside is the fact that Admiral Markets is a MetaTrader broker only, which means that traders wishing to trade in a different environment other than the MT4 or MT5 platforms and use different tools and capabilities cannot be served. Moreover, since copy trading services are not directly offered and accommodated by Admiral Markets, traders who prefer to engage in this type of trading will also need to look for an alternative broker. Finally, since Admiral Markets only offers cryptocurrency trading as CFDs, those wishing to trade the actual cryptos or simply buy some, such as Bitcoin, will also need to try out other brokerages and exchanges.
When seeking an alternative forex brokerage to Admiral Markets ensure that the brokerages you are considering will offer you the same secure and reliable environment to trade-in. Moreover, to effectively compete with Admiral Markets, the alternative brokerage service provider should be one that offers the selection of an equal or better tradable asset, since the one offered by Admiral Markets is quite extensive in terms of different asset classes, as well as the variety within each class. Furthermore, an appealing Admiral Markers alternative should be a brokerage that offers different types of accounts so that clients may choose which one serves them the best and which leads them closer to their overall trading goals. Finally, if you are seeking an alternative broker to Admiral Markers make sure their level of customer service is impeccable and that they provide ample content and materials for educational purposes.
Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.
Since its foundation in Israel in 2007, eToro has quickly climbed the ladder of the social trading revolution and proudly occupies the leading position as the world’s biggest social trading and investment platform, which is initially introduced in 2010.
FXTM is a leading Forex and CFD broker, which has to date won several coveted awards and trades under the name ForexTime Limited. This broker is regulated by several financial watchdogs across the globe, including the UK’s Financial Conduct Authority (FCA), and it is thus considered a trusted and secure venue for your trading endeavors. Moreover, it enjoys huge popularity amongst traders of all levels, from beginner to pro, and its users consider the user experience it provides as top-notch.