RoboMarkets, the EU subsidiary of leading international multi-asset broker RoboForex, offers traders two cutting-edge proprietary trading platforms alongside MT4/MT5. Its R StocksTrader terminal fully supports algorithmic trading. Its low trading costs, excellent order execution, and quality trading tools create a competitive environment for demanding traders.
Admirals maintains one of the most competitive MT4/MT5 trading environments due to the MetaTrader Supreme Edition and SteroTrader upgrade. Traders also get a proprietary mobile app, an in-house social trading platform, asset management services cooperated with Finexware, and fractional share investments. Services by Trading Central are also available.
Both brokers offer VPS hosting for algorithmic traders, high-quality educational content, market research, and trading signals. We have conducted an in-depth review of RoboMarkets and Admirals to determine which one presents the better overall choice and which traders will benefit the most at either broker.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- RoboMarkets versus Admirals - Verdict
Headquarters | Cyprus | United Kingdom |
Regulators | BaFin, CySEC | ASIC, CySEC, FCA, FSCS |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2012 | 2001 |
Execution Type(s) | ECN/STP, Market Maker | Market Maker |
Minimum Deposit | $100 | $100 |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, Proprietary platform | Other, MetaTrader 4, MetaTrader 5+ |
Average Trading Cost EUR/USD | 0.2 pips | 0.1 pips ($1.00) |
Average Trading Cost GBP/USD | 0.3 pips | 0.1 pips ($1.00) |
Average Trading Cost WTI Crude Oil | $0.06 | $0.03 |
Average Trading Cost Gold | $0.19 | $0.25 |
Islamic Account | ||
Signals | ||
US Persons Accepted? | N/A | |
Managed Accounts | ||
Visit Website | Visit Website |
Features and Platforms
MT4 | ||
MT5 | ||
cTrader | ||
Proprietary Platform | ||
Automated Trading | ||
DOM? | ||
Guaranteed Stop Loss | ||
Scalping | ||
Hedging | ||
One-Click Trading | ||
OCO Orders | ||
Interest on Margin | ||
Visit Website | Visit Website |
Noteworthy:
Both brokers offer an excellent asset selection, but RoboMarkets provides an edge for equity traders. Admirals bests RoboMarkets with its asset management infrastructure.
Available Markets
Commodities | ||
Crude Oil | ||
Gold | ||
Metals | ||
Equity Indices | ||
Stocks (non-CFDs) | ||
ETFs | ||
Futures | ||
Synthetics | ||
Visit Website | Visit Website |
RoboMarkets features 12,000+ equity CFDs and ETFs versus 3,500+ at Admirals. Forex traders get a superior choice of currency pairs at Admirals, but neither broker offers a very broad selection. Cryptocurrency traders can access 16 assets at RoboMarkets versus 42 at Admirals. Both brokers present a well-balanced asset selection suitable for in-depth cross-asset, cross-strategy diversification.
Typical Spreads and Fees
Average Trading Cost EUR/USD | 0.2 pips | 0.1 pips ($1.00) |
Average Trading Cost GBP/USD | 0.3 pips | 0.1 pips ($1.00) |
Average Trading Cost WTI Crude Oil | $0.06 | $0.03 |
Average Trading Cost Gold | $0.19 | $0.25 |
Average Trading Cost Bitcoin | $158 | $125.60 |
Visit Website | Visit Website |
While both brokers feature competitive costs, RoboMarkets provides an edge with lower commissions for Forex and equity traders. Volume-based rebate programs lower trading costs but only apply to professional clients per EU restrictions. The cost savings at RoboMarkets are notable and stack with volume.
Security and Trust
Country of the Regulator | Cyprus | Australia, Cyprus, Jordan, Kenya, United Kingdom, South Africa |
Name of the Regulator | BaFin, CySEC | ASIC, CySEC, FCA, FSCS |
Regulatory License Number | 191/13 | 595450, 201/13, 410681, 51311, 178, 57026 |
Regulatory Tier | 1 | 1, 1, 1, 2, 2, 2 |
Visit Website | Visit Website |
RoboMarkets and Admiral segregate client deposits from corporate funds, offer negative balance protection, and have established themselves as trustworthy, secure, and reliable multi-asset brokers. Per CySEC regulation, an investor compensation fund protects deposits up to €20,000, or 90% of the portfolio. RoboMarkets also has a €5,000,000 Civil Liability insurance policy, offering traders industry-leading protection against fraud, omissions, negligence, and other errors.
RoboMarkets versus Admirals – Verdict
RoboMarkets
Pros | Cons |
---|---|
Excellent asset selection above 12,000 covering eight asset classes | Limited cryptocurrency selection |
Competitive trading costs and fast order execution | Higher minimum deposit but within a reasonable range |
Cutting-edge proprietary trading platform plus MT4/MT5 | |
Market-leading third-party insurance program |
Admirals
Pros | Cons |
---|---|
Industry-leading upgrades to the MT4/MT5 trading platforms | Limited deposit and withdrawal methods |
Low trading costs for traders and investors | A higher minimum deposit for traders but within a reasonable range |
Excellent trading services for asset managers | |
Proprietary copy trading service and fractional share dealing |
RoboMarkets and Admirals share many trading environment similarities, supporting all trading strategies. Lower trading costs, a superior web-based equity trading platform, and a broader asset selection grant RoboMarkets an overall edge. Asset managers get a better infrastructure at the latter, with more cryptocurrency assets. RoboMarkets and Admirals undoubtedly rank as the best and second-best brokers, respectively, for EEA traders.
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FAQs
What type of broker is Admiral Markets?
Admiral Markets is a multi-asset broker focused on equity CFD and direct share dealing. It also maintains hundreds of ETFs and expanded into the cryptocurrency sector. Fractional share dealing and its proprietary copy trading service and mobile app cater to millennial and GenZ traders with smaller portfolios.
Is Admiral Markets an ECN?
Admiral Markets is a market maker with a competitive trading environment. Admiral Markets AS, the corporate owner of all operating subsidiaries, is the sole liquidity provider. Therefore, Admiral Markets can match its internal order book across its five operating subsidiaries.