Plus500 vs Admiral Markets

If you are reading this article, you’re likely having trouble deciding whether Plus500 or Admiral Markets is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Plus500 vs Admiral Markets review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

Feature Plus500 (visit site) Admiral Markets (visit site)
Plus500 Admiral Markets
Headquarter: Israel Cyprus
Regulation :
CySEC, FCA, ASIC, FMA, FSB, MAS CySEC, FCA, ASIC, FSCS
Type of Broker:
Market Maker Market Maker
U.S. Clients Allowed:
Minimum Deposit:
$100 $100
Maximum Leverage:
1:30 1:30 Retail, 1:500 Professional
Commissions / Spreads:
Variable Spreads Variable spreads, starting at 1 pips
Account 1:
CFD Trade.MT4
Account 2:
Zero.MT4
Account 3:
Trade.MT5
Account 4:
Zero.MT5
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • English
  • Chinese
  • Other
  • English
  • Other
Support Hours:
24/7 24/5 (presumed)
E-mail Support:
SMS Support:
Chat:
Broker Offers:

Features and Platforms

Plus500 launched the first version of its proprietary trading platform in 2008 out of Israel, followed by the introduction of commission-free CFD trading in 2009. This market maker promises fast execution, guaranteed stop-limit orders, and free e-mail/push notifications related to market-moving events and price alerts set by traders. Admiral markets, operational since 2001 in Estonia, offers traders the MT4 and MT5 trading platforms, together with the Supreme Edition upgrade for a superior trading experience. Unlike Plus500, it maintains a highly competitive research and educational division. 76.4% of retail traders operate at a loss at Plus500 versus 81.0% at Admiral Markets.

Feature Plus500 Admiral Markets
Type of Platform: Proprietary platform, Web-based MetaTrader 4, MetaTrader 5, Other
Platform Languages:
  • English
  • Chinese
  • Spanish
  • Italian
  • French
  • German
  • Other
  • English
  • Other
OS Compatibility:
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Scalping:
Hedging:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:

Available Markets

Over 2,000 assets are available at Plus500, spanning Forex, cryptocurrencies, commodities, equities, indices, ETFs, and options. Pure Forex traders have 70 currency pairs to trade, offering comprehensive market coverage, supported by 22 commodity CFDs. It also introduced sector indices, offering an attractive alternative for index investors focused on trending market sectors. Admiral Markets maintains an overall more superior asset selection with over 8,000 across the same categories except for options, substituted by bonds. It grants notably better coverage of global equity markets, while only 47 currency pairs are available. Besides CFD trading, Admiral Markets also features over 4,500 equities and ETFs for investment purposes.
Feature Plus500 Admiral Markets
ETFs:
CFDs:
Commodities:
Metals:
Stocks:
Oil:
Gold:
Binary Options:
Indices:

Typical Spreads and Fees

The spread on the EUR/USD commences from 0.8 pips at Plus500, which is acceptable considering no commissions apply. While it offers commission-free CFDs, the mark-up is significantly higher than at competitors, covering the difference. Admiral Markets also allows commission-free CFD trading, where spreads remain tight. The EUR/USD shows a mark-up of 0.6 pips. Swap rates on leveraged overnight positions apply at both brokers, and Plus500 and Admiral Markets pass on corporate actions. While both levy a $10 monthly inactivity fee, the currency conversion cost is 0.5% at the former and 1.0% at the latter. Admiral Markets maintains an overall more competitive cost structure.

Security and Trust

Plus500 maintains regulation in seven jurisdictions consisting of the UK, Cyprus, Australia, New Zealand, South Africa, Seychelles, and Singapore. Most international traders will manage their portfolios from the subsidiary operating out of Seychelles. The UK FAC levied a fine in 2012 for not reporting transactions accurately, and Plus500 also misled investors about its exposure to client portfolios in 2017. Admiral Markets operates under the oversight of regulators in the UK, Cyprus, and Australia, where it has a clean track record. Client deposits remain segregated at both brokers, and negative balance protection exists. While Plus500 had several issues in the past, the trading environment at both brokers is overall secure, but Admiral scores better when it comes to trust.

Plus500 vs Admiral Markets – Verdict

Plus500, listed in the London Stock Exchange and a constituent of the FTSE 250, offers manual traders a clean trading platform, which ranks below average as compared to competitors. The absence of support for automated trading solutions and marketing-inspired educational material deducts further from the core trading environment. Research is non-existent, and while commission-free trading on over 2,000 assets sounds appealing, the higher spreads offset the savings for traders. Admiral Markets presents traders with the MetaTrader Supreme Edition, offering an excellent upgrade to the core MT4/MT5 trading platforms. The commission-free asset selection on over 4,000 CFDs features lower spreads, and investors have over 4,500 equities and ETFs available. New traders can benefit from the educational content at Admiral Markets, supplemented by quality research. While Plus500 invests in sponsorships of sports teams at the expense of its products and services, Admiral Markets maintains a notably more competitive overall trading environment for traders and investors alike.

FAQs

Does Admiral Markets or Plus500 offer lower pricing?

Admiral Markets offers traders overall lower pricing with commission-free spreads as low as 0.5 pips versus Plus500, where it is 0.8 pips. The former additionally provides traders with a commission-based alternative where the mark-up commences from 0.0 pips for a cost of $6.00 per round lot. High-frequency traders and scalpers can lower their total cost structure, and Admiral Markets maintains a more competitive pricing environment.

Is Admiral Markets or Plus500 safer for Forex and CFDs trading?

From a security perspective, both stand on equal footing with full compliance at numerous global regulators, segregation of client deposits, and negative balance protection. Admiral Markets remains more trustworthy, as the UK FCA fined plus Plus500 in 2012, and it also misled investors in 2017.

Which trading platform is better: Admiral Markets or Plus500?

Admiral Markets presents traders with a notably more competitive choice of trading platforms. It provides the MetaTrader Supreme Edition plugin for MT4 and MT5, features full support for automated trading, and a dedicated account for investors. Plus500 merely maintains its sub-standard proprietary trading platform for manual traders.

Which is better, Admiral Markets or Plus500?

Overall, Admiral Markets grants clients a more superior product and services portfolio versus Plus500. Everything from trading platforms to asset selection and from education to research is either inferior at Plus500 or missing. Therefore, Admiral Markets remains well-ahead of Plus500 and gives clients a complete broker experience.