Admiral Markets
Visit

75% of retail CFD accounts lose money.

Vs.

Saxo Bank
Visit

65% of retail CFD accounts lose money.

Admiral Markets Vs. Saxo Bank - Compare and Choose the Right One

Updated May 13 2022

Visit

75% of retail CFD accounts lose money.

Visit

65% of retail CFD accounts lose money.

Overview

Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.

Saxo Bank is a Danish investment bank operating since 1992. It is one of the most regulated brokerages in the world with an exceptional selection of financial instruments.

Best For
  • Beginners looking to get started investing in stocks or ETFs
  • Intermediate and advanced traders looking to trade CFDs
  • Professional traders and asset managers 
  • Professional investors looking to trade a variety of markets
  • High net worth traders or investors
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

7

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FCA (United Kingdom)
  • JSC (Jordan)
  • ASIC (Australia)
  • HKMA (Hong Kong)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • AFM (Netherlands)
The Good
  • Broad offering of 5000+ assets including CFDs, real stocks and ETFs
  • MetaTrader 4 & 5 along their propietary trading app
  • Tools for professionals and asset managers
  • Exceptional selection of financial instruments at one place
  • 2 highly-customizable proprietary trading platforms
  • API integration for 3rd party services like Excel or TradingView
The Bad
  • Costly spreads in some of their assets when compared to similar competitors
  • No propietary web trading platform 
  • High minimum deposit for certain countries
  • Withdrawals via bank transfer only
  • High fees on options and futures
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 4 Days
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2001 1992
💳 Minimum Deposit
€, £, $ - 100 From 500 € to 2,000 € depending on residence
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON. 26 - AED, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, LTL, MXN, MYR, NOK, NZD, PLN, RON, RUB, SEK, SGD, TRY, USD, ZAR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA. US,BR,ES,IN,KE,MX,NG,PK,ZA
📊 STP Account
Yes Yes
📊 DMA Account
Yes Yes
📊 ECN Account
No Yes
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.
  • Real stocks, ETFs, bonds and options.
  • CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds.
📙 Stocks
778 Real Stocks / 3,254 CFDs 30,000+
📘 Currency Pairs
40 182
📗 Commodities
28 19 (CFDs)
📕 Indices
43 29 (CFDs)
📔 ETFs
372 ETFs CFDs / 192 Real ETFs 5,400+
💸 Cryptocurrencies
42 9
📒 Bonds
2 5,000+
📓 Options
N/A 3,000+
📗 Futures
N/A 300+
📝 Notes:

Admiral Markets provides the option to trade either CFDs or real stocks and ETFs with their direct market access offering.

N/A
Trading Experience
📈 Minimum Stock Trade Size
Varies by share (Fractional share trading) N/A
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
Varies by cryptocurrency (Eg: 0.01 BTC) Varies by Cryptocurrency (eg: 0.01 units of BTC)
📉 Minimum FX Trade Size
$1000 (0.01 Lots) $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold) N/A
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:66
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes (through API)
💻 Proprietary Platform
Yes (Only on mobile) Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
$10 monthly after 24 months of inactivity

Up to $150 after 6 months of inactivity, £25 after one quarter in the UK

💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes depending on account type (Eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)

$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract

Spreads
📈 EUR/USD
From 0.8 Pips 0.8 Pips average - 0.4 for VIPs
📉 SP500
From 50 Pips N/A
📈 GOLD
Dynamic - From 20 Pips N/A
📉 TSLA (Stock CFD)
Dynamic - From $1.45 N/A
📈 XLK (ETF - CFD)
Dynamic - From 2 Pips N/A
📉 BTC
Variable - From $208 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.