Comparison of Admirals and Pepperstone
Feature | Admirals | Pepperstone |
---|---|---|
Broker | ||
Year Founded | 2001 | 2010 |
Broker Type | STP | ECN, DMA |
Dealing | A-book | A-book |
Execution | Market | Market |
Regulation | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Spread | ⬊ Low | ⬊ Low |
Maximum Leverage | 1:1000 | 1:500 |
Minimum Deposit | $25 | $1 |
Base Currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD |
Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether) |
Inactivity Fee | $10 per month after 24 months | ✖ |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | ✖ | ✖ |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✖ | ✔ |
Copy Trading | ✖ | ✔ |
VPS | ✔ | ✔ |
MAM/PAMM | ✖ | ✖ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✔ | ✔ |
Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities |
Review | Admirals Review | Pepperstone Review |
About Admirals
Admirals is a reputable forex broker renowned for its robust trading platforms, competitive pricing, and comprehensive range of financial instruments. Catering to both beginner and experienced traders, Admirals offers access to a diverse selection of currency pairs, commodities, indices, cryptocurrencies, and more. The broker is regulated by several top-tier financial authorities, ensuring a high level of security and transparency for its clients. Admirals also provides extensive educational resources, including webinars, tutorials, and market analysis, which help traders enhance their skills and make informed decisions. Additionally, their customer support is highly responsive and available through multiple channels, making Admirals a reliable choice for traders seeking a balanced and user-friendly trading experience.
Pros
- Regulated by multiple reputable financial authorities
- Access to numerous currency pairs, commodities, indices, cryptocurrencies, and more
- Offers tight spreads and low trading fees
- Supports MetaTrader 4 and MetaTrader 5
- Comprehensive tutorials, webinars, and market analysis
- Responsive and available through various channels
Cons
- Services may not be available in all countries, limiting accessibility for some traders
- Certain regions may incur fees for withdrawals, which can affect overall profitability
About Pepperstone
Pepperstone is a globally recognized forex and CFD broker renowned for its competitive pricing, advanced trading platforms, and superior customer service. Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone has grown to become a trusted name in online trading. With multiple regulatory licenses from top-tier authorities, including ASIC, FCA, and CySEC, the broker offers a secure and transparent trading environment. Whether you're a novice or an experienced trader, Pepperstone provides a range of tools and features to enhance your trading journey.
Pros
- Tight spreads starting from 0.0 pips on Razor accounts
- Regulated by multiple top-tier authorities (ASIC, FCA, CySEC, etc.)
- Access to advanced trading platforms like MetaTrader 4/5 and cTrader
- Excellent for scalping and algorithmic trading with fast execution speeds
- No minimum deposit requirement, making it accessible to all traders
- Dedicated 24/5 multilingual customer support
Cons
- Limited in-house educational resources for beginners
- Limited availability of bonus offers or promotions
Admirals & Pepperstone Regulation
Feature | Admirals | Pepperstone |
---|---|---|
Companies | Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd, Admiral Markets UK Ltd, Admiral Markets Group, Admirals AU Pty Ltd, Admirals SA (Pty) Ltd, Admirals KE Ltd, Admirals SC Ltd | Pepperstone Group Limited, Pepperstone Markets Limited, Pepperstone EU Limited, Pepperstone Financial Services (DIFC) Limited, Pepperstone GmbH, Pepperstone Markets Kenya Limited, Pepperstone Limited |
Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
Regulators | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Admirals | Pepperstone |
---|---|---|
STP Account | ||
Account Name | Trade | — |
Min Deposit | $25 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.6 | — |
Fee | No | — |
Max Leverage | 1:1000 | — |
Stop Out | 30% | — |
Margin Call | 100% | — |
ECN Account | ||
Account Name | — | Standard |
Min Deposit | — | $1 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 1 |
Fee | — | No |
Max Leverage | — | 1:500 |
Stop Out | — | 20% |
Margin Call | — | 90% |
Zero Account | ||
Account Name | Zero | Razor |
Min Deposit | $25 | $1 |
Lot Size | 0.01 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0 | 0 |
Fee | $6 per 1 lot | $7 per 1 lot |
Max Leverage | 1:1000 | 1:500 |
Stop Out | 30% | 20% |
Margin Call | 100% | 90% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | Admirals | Pepperstone |
---|---|---|
Base currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, AUD, CHF, JPY, NZD, CAD, SGD, HKD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, USDT (Tether) |
Inactivity fee | $10 per month after 24 months | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
Feature | Admirals | Pepperstone |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | 150 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
Asset | Admirals | Pepperstone |
---|---|---|
Currencies | 82 | 97 |
Indices | 43 | 26 |
Stocks | 3428 | 986 |
Cryptocurrencies | 21 | 30 |
Bonds | 2 | 0 |
Metals | 7 | 20 |
Energies | 3 | 4 |
Soft Commodities | 7 | 16 |
ETFs | 362 | 108 |
Education and Analytics
Feature | Admirals | Pepperstone |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
Bonus | Admirals | Pepperstone |
---|---|---|
Welcome Bonus | ||
Is available | ||
Size | 100%, up to $5000 | — |
Details | Learn More | — |
Customer Support
Contact | Admirals | Pepperstone |
---|---|---|
Email | global@admiralmarkets.com | support@pepperstone.com |
Phone | +442081577344 | +17866281209 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Which Broker is Better?
After comparing Admirals and Pepperstone, Pepperstone comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons

Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.