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Head to head
Admirals (Admiral Markets) or FP Markets? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
The rare CFD broker that also settles real shares — broad, well-priced and unusually forgiving about dormant accounts.
Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Four decision axes, each derived from the recorded data.
Overall Admirals (Admiral Markets) takes it, 4.1 against 4.0 out of 5. Admirals (Admiral Markets) is the cheaper of the two: a reference EUR 5,000 stock order costs €0.92 there against €1.84. Admirals (Admiral Markets) scores 72 against 68 out of 100 on the group index. Your account's protection depends on its legal entity. FP Markets covers more ground with 10 of 14 asset classes against 8. On platform and app Admirals (Admiral Markets) is ahead, 4.1 against 3.8 out of 5. Which one is right depends on which of these axes matters for your trading profile.
Admirals (Admiral Markets)Admirals (Admiral Markets)Admirals (Admiral Markets)Admirals (Admiral Markets)Admirals (Admiral Markets)Up to four brokers at once — every row a decision point.
Data as of: 30 Aug 2026
| Criterion | ||
|---|---|---|
| Overall score | 4.1 — Better | 4.0 |
| Group index | 72 of 100 | 68 of 100 |
| Best for | Real share investingMetaTrader usersLow-commission FXLong-term account holdersResearch-led traders | DMA equity and futures CFD tradersTraders who want platform choiceActive forex tradersTradingView and cTrader usersCopy and social traders |
| Regulation | FCAASICCySECFSCAJSCCMAFSA | ASICCySECFSCACMAFSASaint Lucia registration |
| Top-tier licences | 2 — Better | 1 |
| Investor protection | £85,000 — Better | €20,000 |
| Listed group | No | No |
| Banking licence | No | No |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | Yes | Yes |
| Audited financials | Yes | No |
| Disclosed regulatory actions | 2 | 1 |
| Founded | 2001 | 2005 |
| Headquarters | Tallinn, EE | Sydney, AU |
| Fees | 4.1 | 4.4 — Better |
| Safety & regulation | 4.1 — Better | 3.8 |
| Trading platform | 4.2 — Better | 3.9 |
| Product range | 4.4 — Better | 3.7 |
| Mobile app | 4.0 — Better | 3.7 |
| Research | 4.3 — Better | 3.6 |
| Customer support | 3.8 | 4.2 — Better |
| Deposit & withdrawal | 3.9 | 4.5 — Better |
| Account opening | 4.3 | 4.6 — Better |
| Education | 4.4 — Better | 3.7 |
| Reference order EUR 5,000 | €0.92 — Better | €1.84 |
| Minimum deposit | €100 | A$100 — Better |
| Stocks (per order) | US$0.02/share | US$0.02/share |
| US stocks | US$0.02/share | US$0.02/share |
| ETFs | US$0.02/share | in the spread |
| Options | Not offered | Not offered |
| Futures | Not offered | US$15 |
| Crypto | in the spread | in the spread |
| Bonds (order) | n/a | in the spread |
| Funds (order) | n/a | n/a |
| EUR/USD spread | 0.9 pips | 0.1 pips — Better |
| Index CFD spread | 0.6 points | 0.4 points — Better |
| FX conversion | 0.3 % | n/a |
| Inactivity fee | €10 · after 24 months | n/a |
| Custody fee | None | None |
| Withdrawal fee | n/a | n/a |
| Deposit fee | free | Free on MetaTrader accounts for domestic bank transfer, cards, PayPal, Skrill, Neteller, BPay and POLi. International bank transfer costs AUD 12.50 on either platform. On the Iress platform card deposits cost 1.6% in AUD or 3.18% in any other currency, Neteller and Skrill 4.0%, and PayPal 2.0%. |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 8 | 10 — Better |
| Exchanges | n/a | 7 |
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | No | No |
| Futures | No | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | No | No |
| Commodities | Yes | Yes |
| Indices | Yes | Yes |
| Warrants | No | No |
| Spread betting | Yes | No |
| Social trading | No | Yes |
| Platforms | MetaTrader 5MetaTrader 4MetaTrader Supreme EditionAdmirals PlatformAdmirals mobile app | MetaTrader 4MetaTrader 5cTraderTradingViewIress Trader / ViewPointIress InvestorWebTraderMobile trading appMAM / PAMM |
| Demo account | Yes | Yes |
| Fractional shares | No | No |
| Maximum leverage | 1:30 · Pro 1:500 | 1:500 |
| Account opening | Fully online; typically approved within one business day | Fully online in roughly 10–15 minutes; most applications approved the same day |
| Account types | Trade.MT5Zero.MT5Invest.MT5Bets.MT5Islamic (swap-free) | Standard (MT4/MT5)Raw (MT4/MT5)Iress (retail)Iress (wholesale / professional)Islamic (swap-free) |
| Payment methods | Bank transferSEPACredit cardDebit cardPayPalSkrillNeteller | Bank transferSEPACredit cardDebit cardPayPalSkrillNeteller |
| Account currencies | EURUSDGBPAUDCHFPLNHUFCZKAED | AUDUSDEURGBPSGDCADCHFHKDJPYZAR+2 |
| Deposit time | Instant to 1 business day for cards and e-wallets; 1–3 business days for bank transfer | Cards and e-wallets instant; domestic bank transfer same or next business day; international wire 1–3 business days |
| Withdrawal time | 1–3 business days | Typically 1 business day to process; bank and card withdrawals arrive in 1–3 business days |
| Free withdrawals | 1/month | n/a |
| Languages | EnglishGermanFrenchSpanishItalianPortuguesePolishCzechHungarianBulgarian+5 | EnglishGermanFrenchItalianSpanishPortuguesePolishCzechGreekDutch+6 |
| Channels | PhoneEmailLive chat | PhoneEmailLive chat |
| Availability | Monday to Friday during regional office hours — no 24/7 cover | 24/7 multilingual support, with dedicated account managers on the Iress and higher-tier accounts |
Editorial assessment based on the recorded data.
Admirals (Admiral Markets)
The rare CFD broker that also settles real shares — broad, well-priced and unusually forgiving about dormant accounts.
Pros
Cons
Best for
FP Markets
Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.
Pros
Cons
Best for
Open an account with either
A demo account costs nothing and answers the platform question in ten minutes.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
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