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Side-by-Side Comparison Independent Updated Oct 2, 2026

Admiral Markets vs Firstrade 2026: Which Broker is Better?

Admiral Markets and Firstrade cater to distinct trading needs, making them appealing to different types of investors. Admiral Markets, rated 3.77 out of 5, offers a comprehensive range of markets including forex, CFDs, and cryptocurrencies, appealing to more experienced traders who value diverse options and advanced platforms like MT4 and MT5. In contrast, Firstrade, with a rating of 3.41, focuses on stocks and indices with zero commission, attracting beginner traders and those interested in straightforward stock investments without a minimum deposit requirement. The key difference lies in their market offerings and fee structures, with Admiral Markets providing broader trading opportunities while Firstrade prioritises simplicity and cost-effectiveness.

Admiral Markets

Firstrade

Higher ratedAdmiral Markets logo

Admiral Markets

3.8/ 5
Visit Admiral Markets →Full review
VS
Admiral MarketsFirstrade
BrokerRank Score3.8/5 ✓3.4/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:2
RegulationFCA, CySEC, ASIC ✓SEC, CFTC
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
FirstradeAdmiral Markets
Best for Low Fees
Admiral MarketsFirstrade
Best for Regulation
Admiral MarketsFirstrade
Best Overall
Admiral MarketsFirstrade
Quick Answer

Admiral Markets is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Admiral Markets offers lower spreads (0 pips).

See full side-by-side comparison below

Admiral Markets vs Firstrade: Key Differences

Feature

Admiral Markets

Firstrade

Our Rating
3.8 / 5
3.4 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
SECCFTC
Platforms
MT4, MT5, Proprietary Web
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Indices
Founded
2001
1985
Headquarters
Tallinn, Estonia
New York, USA
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Admiral Markets

Firstrade

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Firstrade emerges as the superior choice due to its zero commission structure, no minimum deposit requirement, and a user-friendly platform, making it accessible for those new to investing. On the other hand, professional traders may find Admiral Markets more appealing with its extensive market range, including forex and CFDs, alongside advanced MT4 and MT5 platforms offering customisable trading experiences. In terms of fees, Firstrade takes the lead with its zero commission on stocks, ETFs, and options, offering a cost-effective solution for frequent traders.

Who Should Choose Which?

Admiral Markets

Admiral Markets

3.8/5

Top pick

Choose Admiral Markets if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Firstrade

Firstrade

3.4/5

Choose Firstrade if you want…

  • No per-trade commission
  • No minimum deposit
  • More established (est. 1985)

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Admiral Markets & Firstrade are available in

Frequently Asked Questions

1

Is Admiral Markets better than Firstrade?

Admiral Markets scores higher overall on our independent rating system. Admiral Markets holds a 3.8/5 rating vs Firstrade's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Admiral Markets or Firstrade?

Admiral Markets offers spreads from 0 pips, while Firstrade starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Admiral Markets vs Firstrade?

Admiral Markets requires a minimum deposit of $100. Firstrade requires $0.

4

Which broker is safer, Admiral Markets or Firstrade?

Admiral Markets is regulated by FCA, CySEC, ASIC, while Firstrade holds licences from SEC, CFTC.

5

What trading platforms do Admiral Markets and Firstrade support?

Admiral Markets supports MT4, MT5, Proprietary Web. Firstrade supports Proprietary Web, Proprietary Mobile.

6

Can I use both Admiral Markets and Firstrade?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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