Comparison of Admirals and Tradovate
| Feature | Admirals | Tradovate |
|---|---|---|
| Broker | ||
| Year Founded | 2001 | 2015 |
| Broker Type | STP | DMA |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | NFA, CFTC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Tradovate, NinjaTrader, TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:1000 | 1:100 |
| Minimum Deposit | $25 | $1 |
| Base Currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, CAD, AUD |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | ACH, Wire Transfer, Debit/Credit Card, Checks |
| Inactivity Fee | $10 per month after 24 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ACH free; $30 domestic wire |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | - |
| Protection Size | £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 | Futures (Indices, Commodities, Currencies, Metals, Energies, Bonds, Cryptocurrencies) |
| Review | Admirals Review | Tradovate 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 Tradovate
Tradovate is a US based futures broker launched in 2015. The cloud native platform lets you trade 100+ Micro, Mini and Nano contracts from any device with no account minimum and commission options starting at $0.09 per side. Regulated by the NFA/CFTC, Tradovate offers low intraday margins, advanced order flow tools and seamless integration with NinjaTrader and TradingView.
Pros
- No minimum funding requirement
- Commission‑free or ultra‑low‑fee pricing models
- Native cloud platform with 40+ futures tools
- Low day‑trade margins (from $50)
- Regulated in the US with segregated client funds
Cons
- Futures only - no stocks, ETFs or spot FX
- No investor compensation scheme
- Wire withdrawals cost $30 after two free ACH withdrawals
Admirals & Tradovate Regulation
| Feature | Admirals | Tradovate |
|---|---|---|
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 | Tradovate LLC |
Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | United States |
Regulators | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | NFA, CFTC |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | - |
Investor Protection Size | £85 000 / €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Admirals | Tradovate |
|---|---|---|
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% | — |
Zero Account | ||
| Account Name | Zero | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 30% | — |
| Margin Call | 100% | — |
DMA Account | ||
| Account Name | — | Futures Account |
| Min Deposit | — | $1 |
| Lot Size | — | 1 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.1 |
| Fee | — | $0.78 per 1 lot |
| Max Leverage | — | 1:100 |
| Stop Out | — | 100% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Admirals | Tradovate |
|---|---|---|
Base currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, CAD, AUD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | ACH, Wire Transfer, Debit/Credit Card, Checks |
Inactivity fee | $10 per month after 24 months | |
Interest on margin | ||
Withdrawal fee | ACH free; $30 domestic wire |
Trading Platforms and Conditions
| Feature | Admirals | Tradovate |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Tradovate, NinjaTrader, TradingView |
Execution Speed | 150 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
| Asset | Admirals | Tradovate |
|---|---|---|
Currencies | 82 | 14 |
Indices | 43 | 15 |
Stocks | 3428 | 0 |
Cryptocurrencies | 21 | 6 |
Bonds | 2 | 6 |
Metals | 7 | 4 |
Energies | 3 | 5 |
Soft Commodities | 7 | 8 |
ETFs | 362 | 0 |
Education and Analytics
| Feature | Admirals | Tradovate |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | Admirals | Tradovate |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $5000 | — |
| Details | Learn More | — |
Customer Support
| Contact | Admirals | Tradovate |
|---|---|---|
Email | global@admiralmarkets.com | support@tradovate.com |
Phone | +442081577344 | +18442833100 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Which Broker is Better?
After comparing Admirals and Tradovate, Admirals 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
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Tradovate 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.

