IG Markets versus Admirals

UK-based IG Markets established itself as a leading international broker and liquidity provider. Being the leader in CFD trading, IG Markets writes new ones based on client demand. Traders can manage portfolios from the proprietary web-based trading platform, ProRealTime, MT4, and L2 Dealer. MT4 traders get 18 add-ons plus the Autochartist plugin, creating one of the most competitive MT4 trading environments.

Admirals counters with its MetaTrader Supreme Edition and SteroTrader upgrade for MT4/MT5, services by Trading Central, a proprietary mobile app, and its in-house social trading platform. It also offers asset management services in cooperation with Finexware and introduced fractional share investments.

We have conducted an in-depth review of IG Markets and Admirals to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsAdmirals (visit site)IG Markets (visit site)
Established :
Retail Loss Rate:
Minimum Deposit:
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$10 monthly after 24 months$12 monthly after 24 months
Deposit Fee:
Withdrawal Fee
Yes + Third-PartyThird-Party
Funding Methods:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
(Professionals only)
Unique Feature One:
Low trading costsAPI Trading
Unique Feature Two:
Fractional share dealingMT4 plugins + Autochartist
Broker Offers:


While both brokers support algorithmic and social trading, IG Markets takes a commanding lead in the former and Admirals in the latter.

Available Markets

Available MarketsAdmiralsIG Markets
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
Maximum Pro Leverage:

Asset selection is exceptional at both brokers, but IG Markets takes the lead due to its quantity. Fractional share dealing is available at Admirals, ideal for smaller portfolios, while IG Markets provides in-house managed thematic portfolios labeled IG Smart Portfolios. Despite a well-balanced asset selection, neither broker serves the cryptocurrency market well.

Typical Spreads and Fees

Typical Spreads & FeesAdmiralsIG Markets
Minimum Raw Spreads:
0.0 pipsNot applicable
Minimum Standard Spreads:
0.5 pips0.6 pips
Minimum Commission for Forex:
$3.60 per lotCommission-free
Commission for Equities:
$0.10% or $0.02 per share (US)0.10% or $0.02/share (US)
Execution Type:
Market MakerMarket Maker/ECN

IG Markets offers Forex traders one of the lowest commission-free cost structures in the industry, bested by Admirals on a minimum spread basis, where Admirals also provides a competitive commission-based alternative. Equity commissions are identical at both brokers. IG Markets maintains an edge with its volume-based rebate program.

Security and Trust


Country of the RegulatorName of the RegulatorLicense Number
Cyprus Securities and Exchange Commission201/13
Financial Conduct Authority595450
Australian Securities & Investments Commission410681
Jordan Securities Commission57026
South Africa
Financial Sector Conduct Authority51311

IG Markets

Country of the RegulatorName of the RegulatorLicense Number
Financial Conduct Authority195355
Cyprus Securities and Exchange Commission378/19
Federal Financial Supervisory Authority10148759
Swiss Financial Market Supervisory AuthorityConfirmed, but no regulatory license number
Dubai Financial Services AuthorityF001780
South Africa
Financial Sector Conduct Authority41393
Monetary Authority of SingaporeConfirmed, but no regulatory license number
Japanese Financial Services AgencyUnconfirmed
Australian Securities & Investments Commission220440 & 515106
New Zealand
Financial Markets AuthorityFSP18923

Negative balance protection and segregation of client deposits from corporate funds exist at both IG Markets and Admirals. The former is also a publicly listed company and FTSE250 constituent, but both established themselves as industry-leading multi-asset brokers with clean regulatory records and reliable trading operations.

Admirals vs IG Markets – Verdict


Industry-leading upgrades to the MT4/MT5 trading platformsLimited deposit and withdrawal methods
Low trading costs for traders and investorsA higher minimum deposit for traders but within a reasonable range
Excellent trading services for asset managers
Proprietary copy trading service and fractional share dealing

IG Markets

Excellent choice of trading platforms and superior asset selectionLimited deposit and withdrawal methods
Competitive trading costs with a volume-based cash rebate programHigher minimum deposit requirement, but within a reasonable demand
Outstanding trading environment for algorithmic trading, including API support
Comprehensive educational tools for beginner traders

IG Markets and Admirals provide clients with an exceptional products and services portfolio, low trading costs, quality research, and education for beginners. IG Markets trumps Admirals overall due to its its trading platform choices, asset selection, and algorithmic trading support. Fractional share investments and social trading services is where Admirals delivers.

Admirals is a multi-asset broker catering to traders and investors, aiming to become a one-stop financial services provider.

IG Markets is a market maker with a hybrid ECN model.

The maximum leverage is 1:200 but is dependent on the asset and jurisdiction.


Is IG a reputable broker?

IG ranks among the most reputable brokers industry-wide with a clean regulatory record. It earned a reliable reputation, serving retail and institutional clients alike.

Is IG good for investing?

IG is good for investing due to low costs, a well-balanced asset selection, and a custom trading platform.

Is Admirals a broker?

Admirals is a multi-asset broker catering to traders and investors, aiming to become a one-stop financial services provider.

Is my money safe with IG?

All deposits at IG remain segregated from corporate funds at Tier 1 banks. Therefore, client money is safe with IG.

Is IG commission-free?

IG offers commission-free Forex trading but charges a commission for equity traders.

Is IG Markets an ECN broker?

IG Markets is a market maker with a hybrid ECN model.

What is IG's leverage?

The maximum leverage is 1:200 but is dependent on the asset and jurisdiction.

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