Admiral Markets Vs. XM - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 81% of retail CFD accounts lose money.	Visit 74.89% 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.	XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.
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	Experienced traders looking to trade shares in high volume using their Zero account MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
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 2 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) JSC (Jordan)	ASIC (Australia) CySec (Cyprus) ADGM (United Arab Emirates)
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	Competitive commissions on their Zero account Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
The Bad
Costly spreads in some of their assets when compared to similar competitors No propietary web trading platform	No proprietary platforms or technology Expensive spreads and trading fees Lack of asset variety when compared to other brokers in the same range
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 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	2009
💳 Minimum Deposit Range
$100	$5
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.	11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA.	US, CA.
📊 STP Account
Yes	No
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
Yes	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
4,559	1,382
Exchange Access
1	0
📙 Real Stocks
0	0
📙 Stock CFDs
3,254	1,286
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	57
📗 Commodities
0	0
📗 Commodities CFDs
28	15
📕 Indices
0	0
📕 Indices CFDs
43	14
📔 ETFs
778	0
📔 ETFs CFDs
372	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
42	0
📒 Bonds
0	0
📒 Bonds CFDs
2	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	10
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	Variable - Fractions allowed
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
Varies by cryptocurrency (Eg: 0.01 BTC)	Unavailable
📉 Minimum FX Trade Size
$1000 (0.01 Lots)	$100 (0.001 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
No	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.	Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
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)	Yes on Zero accounts ($7 per lot round turn).
Spreads
📈 EUR/USD
From 0.8 Pips	Dynamic - From 1.7 Pips
📉 SP500
From 50 Pips	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 20 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45	Dynamic - From $9.4
📈 XLK (ETF - CFD)
Dynamic - From 2 Pips	Unavailable
📉 BTC
Variable - From $208	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
Yes	Yes