Written by ForexBrokers.com
In this head to head comparison of Admirals vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Admirals and Alpari, regulatory credentials can significantly influence your decision. Admirals, founded in 2001, boasts a high ForexBrokers.com Trust Score of 93 out of 99, placing it in the highly trusted category. This score is backed by Admirals' possession of 4 Tier-1 licenses and 3 Tier-2 licenses, reflecting a strong regulatory position. Despite not being publicly traded or a bank, these licenses emphasize Admirals' adherence to strict financial practices.
Conversely, Alpari, established in 1998, holds a ForexBrokers.com Trust Score of 68, indicating a high-risk category. Unlike Admirals, Alpari does not hold any Tier-1 or Tier-2 licenses, which might raise concerns for potential clients prioritizing regulatory oversight. Alpari is also neither publicly traded nor a bank. Prospective users should weigh these factors carefully when considering Alpari as their broker.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Year Founded | 2001 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to comparing online brokers Admirals and Alpari regarding their commissions and fees, Admirals stands out with its competitive pricing. Admirals offers typical spreads of 0.8 on its Trade account, ensuring that traders enjoy cost-effective transactions. The Zero account type provides similar pricing, allowing for flexible options depending on the trading needs. In contrast, Alpari does not provide average spread data, making it difficult for potential clients to assess its pricing structure directly.
Admirals earns a commendable rating of 4.5 stars out of five for its commissions and fees, reflecting its advantageous cost structure. This rating positions Admirals as a popular choice for cost-conscious traders. Alpari, meanwhile, holds a respectable 4-star rating, indicating that while it may not offer the same level of transparency or competitiveness as Admirals, it can still provide a solid trading experience for its clients.
In terms of industry rankings, Admirals is ranked #17 out of 62 brokers by ForexBrokers.com for the Commissions and Fees category, showcasing its strong performance relative to competitors. Alpari, on the other hand, is ranked #41 out of 62, suggesting there may be other brokers offering more favorable pricing conditions. Potential traders should consider these factors when selecting a broker that meets their financial and trading requirements.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and Alpari both provide investors with a range of options when it comes to trading forex, offering both CFDs and spot contracts. Admirals, however, significantly outshines Alpari with its offering of 8,702 tradeable symbols compared to Alpari's 105. This includes a wider selection of forex pairs, with Admirals providing access to 82 pairs against Alpari's 46. Moreover, Admirals allows clients to invest in exchange-traded securities on U.S. exchanges, enabling direct purchases of popular stocks like Apple, whereas Alpari does not offer this service.
Both brokers facilitate investing in exchange-traded securities on international exchanges, and also support copy trading. Neither Admirals nor Alpari provide the option to purchase actual cryptocurrencies, but both do offer cryptocurrency derivatives. When assessed by ForexBrokers.com, Admirals earns a 4.5-star rating and ranks 19th out of 62 brokers for its range of investments, highlighting its broad selection of tradeable options. In comparison, Alpari is rated 3 stars and is positioned at the bottom of the list, capturing the 62nd spot.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 105 |
| Forex Pairs (Total) | 82 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Both Admirals and Alpari offer comprehensive trading platforms and tools, making them standout choices for traders. Admirals and Alpari each provide free virtual demo accounts for simulated trading, allowing users to practice without financial risk. Moreover, both brokers have developed their proprietary platforms and support popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Their platforms are accessible across various devices through Windows-based desktop downloads and web browsers. Admirals and Alpari also offer features such as copy trading, along with the ability to trade directly from stock charts.
While both brokers offer a similar range of fundamental tools, there are notable differences in their charting capabilities. Admirals provides an impressive 106 drawing tools, surpassing Alpari's offering of 15. Each broker gives users seven fields for watch lists, ensuring a detailed overview of preferred assets. In terms of performance, Admirals and Alpari both hold a four-star rating for Trading Platforms and Tools. Nevertheless, ForexBrokers.com ranks Admirals higher in the category, placing it at 19th out of 62 brokers, compared to Alpari's 55th position. These insights offer traders valuable information to help choose between the two based on their specific needs and preferences.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Admirals and Alpari, both platforms offer apps for iPhone and Android users, ensuring accessibility on popular devices. Each app provides important features such as stock or forex price alerts and real-time quotes for watchlists, which is essential for those looking to keep up with market movements. Additionally, Admirals and Alpari both support drawing trendlines and viewing various time frames on their charts, along with 30 technical studies for in-depth analysis.
However, there are some differences to consider. Admirals stands out with its capability to auto save drawings made on stock or forex charts, which Alpari does not offer. While neither app supports syncing watchlist changes across platforms, Admirals has a slightly higher reputation for its mobile app, ranked #23 out of 62 brokers by ForexBrokers.com, compared to Alpari's rank of #56. Despite these distinctions, both platforms receive a favorable rating of four stars for their mobile trading apps, highlighting their strengths in the category.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing market research capabilities, Admirals stands out by offering daily market commentary and forex news from leading sources like Bloomberg and Reuters, which matches Alpari’s offerings in forex news. Admirals distinguishes itself further by providing a wider range of research tools and services. Notably, Admirals partners with Trading Central, giving users access to valuable technical analytics, while also offering market insights from TipRanks and tools from Acuity Trading such as Signal Centre. Admirals also provides a sentiment-based trading tool that reveals the balance of long and short positions in various instruments, a feature absent in Alpari's lineup, alongside a comprehensive economic calendar that both brokers provide.
Alpari has its strengths with tools from Autochartist, but it lags behind Admirals in overall research offerings. As a result, Admirals received a four-star rating for its research capabilities, compared to Alpari's three stars. In a ranking by ForexBrokers.com among 62 brokers, Admirals secured the 15th position, significantly higher than Alpari, which was ranked at number 57. This suggests Admirals is more favored for investors seeking comprehensive and varied market research to inform their trading strategies.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between Admirals and Alpari, Admirals stands out with a broader range of offerings. Admirals provides a wealth of educational materials, including over 10 informative articles, videos, and archived webinars focused on forex and CFDs. The company also hosts monthly online webinars and maintains a searchable archive for clients to access previous sessions, while Alpari currently does not offer these resources. Both brokers supply beginner-friendly educational videos, but when it comes to advanced topics for experienced traders, Admirals once again takes the lead by offering over 10 advanced educational videos, a resource Alpari lacks.
Additionally, both Admirals and Alpari have an investor dictionary that includes definitions for over 50 investing terms, enhancing the learning experience for traders. However, the overall educational experience appears more enriching with Admirals, as reflected in its higher rating of four stars in the education category, compared to Alpari's three stars. ForexBrokers.com further highlights this difference by ranking Admirals at #12 out of 62 brokers based on educational offerings, while Alpari is positioned lower at #48. This ranking indicates that beginners might find Admirals a more comprehensive platform for jumpstarting their trading education journey.
| Feature |
Admirals
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than Alpari. Admirals finished with an overall rank of #18, while Alpari finished with an overall rank of #57.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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Alpari
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| Trust Score | 93 | 68 |
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Both Admirals and Alpari do not offer the ability to buy actual delivered cryptocurrency, but they do provide access to cryptocurrency derivatives.
When comparing online brokers Admirals and Alpari, Admirals stands out by offering a wider range of payment options, including ACH or SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, while Alpari provides Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | Alpari | |
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| Trust Score | 93 | 68 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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| Regulation | Admirals | Alpari | |
|---|---|---|---|
| Trust Score | 93 | 68 | |
| Year Founded | 2001 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 0 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 105 | |
| Forex Pairs (Total) | 82 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review |
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| Trust Score | 93 | 68 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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