Written by ForexBrokers.com
In this head to head comparison of Admirals vs TeleTrade, 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.
Admirals and TeleTrade are both well-established players in the online brokerage space, having been founded in 2001 and 1994, respectively. Neither firm is publicly traded or operates as a bank. When it comes to regulation, Admirals carries more weight with four Tier-1 licenses, which are highly trusted, and three Tier-2 licenses, considered trusted by ForexBrokers.com. This regulatory backing earns Admirals a trust score of 93 out of 99, placing them in the highly trusted category.
In contrast, TeleTrade holds one Tier-1 license and no Tier-2 licenses, reflecting a different regulatory stance. This is reflected in their ForexBrokers.com Trust Score of 71, indicating an average risk level. While both brokers have stood the test of time, their regulatory profiles and trust scores highlight differences in their approach to compliance and risk management.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Year Founded | 2001 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the commission and fee structures of online brokers Admirals and TeleTrade, Admirals stands out with its competitive pricing. Admirals offers typical spreads of 0.8 on its Trade account, which aligns closely with the pricing on its Zero account type. This cost-effectiveness is reflected in Admirals' impressive rating of 4.5 stars for commissions and fees.
In contrast, TeleTrade's commission and fee structure lacks readily available average spread data, making direct comparison slightly challenging. Despite this, TeleTrade still maintains a decent rating of 4 stars in the commissions and fees category, indicating room for competitiveness but trailing slightly behind Admirals.
According to ForexBrokers.com, Admirals ranks 17th out of 62 brokers for its appealing commissions and fees, showcasing its leading position in the market. Meanwhile, TeleTrade ranks 46th out of the same group, suggesting there is significant room for improvement compared to its peers, especially when considering commission and fee offerings.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| 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 TeleTrade both provide opportunities to trade forex as CFDs or spot contracts, but they differ significantly in their range of available investments. Admirals offers a striking 8,702 tradeable symbols compared to TeleTrade's 500, showcasing a broader selection for traders. Forex enthusiasts will find Admirals superior with 82 tradeable forex pairs, compared to TeleTrade's 61 pairs. Further enhancing its offering, Admirals allows access to exchange-traded securities on both U.S. and international exchanges, letting clients invest in companies like Apple and Vodafone. On the other hand, TeleTrade lacks this feature, limiting clients to CFDs instead.
Both platforms support copy trading and provide options for cryptocurrency derivatives, though neither offers the purchase of actual cryptocurrencies. Admirals' more extensive investment choices are reflected in a higher ranking and rating; it boasts a 4.5-star rating for its range of investments, ranking 19th out of 62 brokers on ForexBrokers.com. TeleTrade, while still reputable, trails behind with a 3.5-star rating, placing 45th in the same category. Admirals is the preferred choice for investors seeking diverse trading options and access to global securities.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 500 |
| Forex Pairs (Total) | 82 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
When comparing Admirals and TeleTrade, both brokers offer virtual demo accounts, letting users practice trades in a simulated environment. Admirals distinguishes itself with its proprietary trading platform developed in-house, while TeleTrade utilizes existing platforms. Both brokers provide Windows-based downloadable and web-based trading platforms, as well as popular options like MetaTrader 4 and MetaTrader 5. Admirals and TeleTrade both support copy trading, enhancing their platforms' appeal to a broad range of traders.
Despite similarities, differences arise in charting tools and add-ons. Admirals shines with 106 drawing tools, offering more versatility for technical analysis compared to TeleTrade's 15. While both brokers let you trade directly from stock charts, only TeleTrade provides access to the ZuluTrade platform for social and copy trading. Both brokers perform well, rated four stars for trading platforms and tools. However, Admirals has a higher ranking at #20, compared to TeleTrade's #51, which may influence users seeking a broker with recognized trading platform capabilities.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| 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 offered by Admirals and TeleTrade, both brokers provide apps for iPhone and Android users, along with features like stock and forex price alerts. Both apps support real-time watchlist capabilities, although neither offers syncing of watchlist symbols between the mobile app and an online account. Admirals offers 30 technical studies for charting within its app, while TeleTrade provides a slight edge with 35, allowing traders to perform more in-depth analysis. Both platforms allow users to draw trendlines and adjust time frames such as daily, weekly, or intraday, with auto-save functionality for any chart annotations made.
In terms of overall user experience, both Admirals and TeleTrade have received a four-star rating for their mobile trading apps. However, when evaluated by ForexBrokers.com among 62 brokers, TeleTrade is slightly better positioned at #25, compared to Admirals at #28. For traders prioritizing accessibility and a comprehensive set of features in mobile trading, both platforms offer competitive options, but the difference in charting tools could influence more technically inclined users towards TeleTrade.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing online brokers Admirals and TeleTrade for market research, both provide daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. However, Admirals stands out by offering advanced tools such as Trading Central's technical analytics and sentiment-based trading tools, which display long and short position ratios across various currency pairs. Additionally, Admirals provides market research from TipRanks and tools from Acuity Trading, including Signal Centre, to enhance trading decisions. In contrast, these resources are absent from TeleTrade, which limits its research capabilities in these areas.
Both brokers provide an economic calendar for tracking global news events. Admirals is rated 4 stars for research compared to TeleTrade's 3.5 stars, reflecting the broader range of tools and data offered by Admirals. This difference in resources is also evident in their rankings by ForexBrokers.com, where Admirals is positioned at #15 out of 62 brokers, while TeleTrade is ranked #38. Admirals’ extensive research offerings provide traders with a more comprehensive view, making it a preferred choice for those seeking in-depth market insights.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| 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 it comes to educational resources for beginners, Admirals stands out compared to TeleTrade. Admirals provides extensive educational content with more than ten pieces focused on forex and CFDs, including articles, videos, and archived webinars. Furthermore, Admirals offers monthly online webinars for clients, bolstering this with a searchable archive of past webinars for continuous learning. For those new to trading, Admirals offers more than ten beginner-specific educational videos, helping newcomers understand trading concepts more thoroughly. Admirals also supports advanced traders with numerous advanced-level videos, providing a broad spectrum of educational material suitable for all skill levels. Additionally, beginners can benefit from Admirals' investor dictionary, which explains over 50 key investing terms.
In contrast, TeleTrade does not meet the same educational metrics, lacking both the quantity and variety found with Admirals. TeleTrade does not offer sufficient educational pieces centered on forex or CFDs and lacks monthly webinars and an archive of recorded sessions. Furthermore, it falls short in providing beginner-focused videos and does not present a dedicated dictionary with investing terms. This difference in educational support is reflected in their ratings, with Admirals earning a four-star rating and TeleTrade a 3.5-star rating for education. In a ranking by ForexBrokers.com, Admirals is positioned at #12 for education, significantly higher than TeleTrade's ranking at #61 among 62 brokers. Admirals clearly offers a more comprehensive educational enrichment for beginner traders.
| Feature |
Admirals
|
TeleTrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
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 TeleTrade. Admirals finished with an overall rank of #18, while TeleTrade finished with an overall rank of #50.
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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TeleTrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 71 |
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Both Admirals and TeleTrade provide users with the ability to buy cryptocurrency derivatives, but neither platform offers the option to purchase actual (delivered) cryptocurrency.
When comparing online brokers, Admirals provides more diverse fund transaction options than TeleTrade by allowing ACH or SEPA transfers and PayPal, in addition to Skrill, Visa, Mastercard, and bank wires, while TeleTrade supports 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 | TeleTrade | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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| Regulation | Admirals | TeleTrade | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 2001 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Admirals | TeleTrade | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Admirals | TeleTrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | TeleTrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 500 | |
| Forex Pairs (Total) | 82 | 61 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | TeleTrade | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | TeleTrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| 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 | TeleTrade | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | Yes |
| Trading Tools | Admirals | TeleTrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | TeleTrade | |
|---|---|---|---|
| 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 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | TeleTrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | TeleTrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Admirals | TeleTrade | |
|---|---|---|---|
| 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 |
| Overall | Admirals | TeleTrade | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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