Find out the major disadvantages of Admiral Markets Forex Brokers and alternatives with lower fees and more security. Unbiased Admiral Markets Alternatives reviews.
So which brokers are better than Admiral Markets? Want to jump straight to the answer? OspreyFX is the best alternative broker to Admiral Markets in 2021

Overview

Admiral Markets has been around since 2001 and has since built its reputation as a prominent forex and CFD market maker broker, serving clients in more than 40 countries across the world. The broker has earned licensing and regulatory status in a number of different jurisdictions, including by the strict UK regulatory body the FCA, which renders it a safe and reliable broker to be trading through.

Things we didn't like:

 Not suitable for beginner traders
 Potentially not available for US traders

# Exchage's Features ADMIRAL MARKETS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

Why would you want an alternative to ADMIRAL MARKETS?

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.

What to look for in a ADMIRAL MARKETS Alternative?

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.

Best ADMIRAL MARKETS alternatives – forex brokers like (or better than) ADMIRAL MARKETS

4.3 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
100%
5.0/5
Support
80%
4.0/5

Things we liked:

 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

#1
OspreyFX Overview

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.

3.8 / 5

Rating breakdown

Security
90%
4.5/5
Ease of Use
80%
4.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
60%
3.0/5
Trading Fees
60%
3.0/5
Support
80%
4.0/5

Things we liked:

 eToro offers commission-free stock and ETF trading in Europe and offers low fees for non-EU clients.
 Account opening is fast and seamless.
 It has innovative features like social trading that lets you copy others.

Things we didn't like:

 eToro has unreliable customer service, and its trading platform freezes sometimes.
 Education tools are very limited.

#2
eToro Overview

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.

3.7 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
60%
3.0/5
Support
60%
3.0/5

Things we liked:

 Fast FXTM customer service in several languages.
 Plenty of educational tools.
 Fast account opening

Things we didn't like:

 FXTM charges inactivity and withdrawal fees.
 High financing costs for overnight positions
 Limited product portfolio

#3
FXTM Overview

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.

Admiral Markets Alternatives Frequently Asked Questions (FAQs):

Are there any sites like Admiral Markets?
Yes, there are many sites offering similar services like Admiral Markets. Those include FXTM, TradeOr and many more. If you are to look for an alternative to Admiral Markets for your crypto trading needs, then you must make sure it is one with a better offering.
Which is better Admiral Markets or FXTM?
After assessing the two Brokers Admiral Markets vs FXTM on nearly 50 different variables, we would be able to get into an informed conclusion. Objectively, FXTM is more reliable based on our analysis.

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