Comparison of Admirals and Ultima Markets
| Feature | Admirals | Ultima Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2001 | 2009 |
| Broker Type | STP | MM, STP, ECN |
| Dealing | A-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | FSC, CySEC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:1000 | 1:2000 |
| Minimum Deposit | $25 | $20 |
| Base Currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY |
| 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, Alipay, Bitcoin (BTC), Tether (USDT) |
| 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) | Investor Compensation Fund (ICF) |
| Protection Size | £85 000 / €20 000 | €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, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | Admirals Review | Ultima Markets 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 Ultima Markets
Ultima Markets is a reputable Forex broker established with a commitment to providing a comprehensive trading environment for both novice and seasoned traders. Offering a wide range of financial instruments, including major and minor currency pairs, commodities, indices, and cryptocurrencies, Ultima Markets ensures diverse trading opportunities. With competitive spreads, flexible leverage options up to 1:2000, and a low minimum deposit requirement, Ultima Markets appeals to a broad spectrum of traders. Additionally, the broker emphasizes security and transparency by being regulated by reputable financial authorities, ensuring that clients' funds are safeguarded. Responsive customer support available 24/5, and advanced trading tools further enhance the trading experience, making Ultima Markets a compelling choice for individuals seeking a reliable and feature-rich Forex brokerage.
Pros
- Offers multiple account options
- Provides access to a variety of financial instruments
- Features competitive spreads and leverage options
- Regulated by reputable financial authorities
- Requires a low minimum deposit
- Compatible with automated trading systems and Expert Advisors (EAs), facilitating algorithmic and high-frequency trading strategies
Cons
- Absence of fixed spread account options could be a drawback for traders who prefer consistent spreads irrespective of market volatility
- Limiting options for traders who prefer other trading platforms like MetaTrader 5 or proprietary alternatives
- Lacks comprehensive educational resources, such as webinars, tutorials, and e-books, which can hinder the learning and development of new traders
Admirals & Ultima Markets Regulation
| Feature | Admirals | Ultima Markets |
|---|---|---|
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 | Ultima Markets Ltd, Ultima Markets Cyprus Ltd |
Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | Mauritius, Cyprus |
Regulators | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | FSC, CySEC |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | Investor Compensation Fund (ICF) |
Investor Protection Size | £85 000 / €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Admirals
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
Ultima Markets
Ultima Markets Ltd, Ultima Markets Cyprus Ltd
Countries
Admirals
Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles
Ultima Markets
Mauritius, Cyprus
Regulators
Admirals
CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA
Ultima Markets
FSC, CySEC
Investor Protection
Admirals
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Ultima Markets
Investor Compensation Fund (ICF)
Investor Protection Size
Admirals
£85 000 / €20 000
Ultima Markets
€20 000
Publicly Traded
Admirals
Ultima Markets
Segregated Accounts
Admirals
Ultima Markets
Guaranteed Stop Loss
Admirals
Ultima Markets
Negative Balance Protection
Admirals
Ultima Markets
Account Types
| Account | Admirals | Ultima Markets |
|---|---|---|
STP Account | ||
| Account Name | Trade | Standard |
| Min Deposit | $25 | $50 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.6 | 1 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:2000 |
| Stop Out | 30% | 20% |
| Margin Call | 100% | 50% |
ECN Account | ||
| Account Name | — | ECN |
| Min Deposit | — | $50 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.1 |
| Fee | — | $5 per 1 lot |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 20% |
| Margin Call | — | 50% |
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% | — |
Cent Account | ||
| Account Name | — | Cent Account |
| Min Deposit | — | $20 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Admirals
Trade
Ultima Markets
Standard
Min Deposit
Admirals
$25
Ultima Markets
$50
Lot Size
Admirals
0.01
Ultima Markets
0.01
Spread Type
Admirals
Floating
Ultima Markets
Floating
Execution
Admirals
Market
Ultima Markets
Market
Min Spread
Admirals
0.6
Ultima Markets
1
Fee
Admirals
No
Ultima Markets
No
Max Leverage
Admirals
1:1000
Ultima Markets
1:2000
Stop Out
Admirals
30%
Ultima Markets
20%
Margin Call
Admirals
100%
Ultima Markets
50%
ECN Account
Account Name
Admirals
—
Ultima Markets
ECN
Min Deposit
Admirals
—
Ultima Markets
$50
Lot Size
Admirals
—
Ultima Markets
0.01
Spread Type
Admirals
—
Ultima Markets
Floating
Execution
Admirals
—
Ultima Markets
Market
Min Spread
Admirals
—
Ultima Markets
0.1
Fee
Admirals
—
Ultima Markets
$5 per 1 lot
Max Leverage
Admirals
—
Ultima Markets
1:2000
Stop Out
Admirals
—
Ultima Markets
20%
Margin Call
Admirals
—
Ultima Markets
50%
Zero Account
Account Name
Admirals
Zero
Ultima Markets
—
Min Deposit
Admirals
$25
Ultima Markets
—
Lot Size
Admirals
0.01
Ultima Markets
—
Spread Type
Admirals
Floating
Ultima Markets
—
Execution
Admirals
Market
Ultima Markets
—
Min Spread
Admirals
0
Ultima Markets
—
Fee
Admirals
$6 per 1 lot
Ultima Markets
—
Max Leverage
Admirals
1:1000
Ultima Markets
—
Stop Out
Admirals
30%
Ultima Markets
—
Margin Call
Admirals
100%
Ultima Markets
—
Cent Account
Account Name
Admirals
—
Ultima Markets
Cent Account
Min Deposit
Admirals
—
Ultima Markets
$20
Lot Size
Admirals
—
Ultima Markets
0.01
Spread Type
Admirals
—
Ultima Markets
Floating
Execution
Admirals
—
Ultima Markets
Market
Min Spread
Admirals
—
Ultima Markets
1
Fee
Admirals
—
Ultima Markets
No
Max Leverage
Admirals
—
Ultima Markets
1:2000
Stop Out
Admirals
—
Ultima Markets
50%
Margin Call
Admirals
—
Ultima Markets
80%
Additional Features
Demo Account
Admirals
Ultima Markets
VIP Account
Admirals
Ultima Markets
Swap-Free Account
Admirals
Ultima Markets
Copy Trading
Admirals
Ultima Markets
VPS
Admirals
Ultima Markets
PAMM/MAM Accounts
Admirals
Ultima Markets
Funding and Fees
| Feature | Admirals | Ultima Markets |
|---|---|---|
Base currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY |
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, Alipay, Bitcoin (BTC), Tether (USDT) |
Inactivity fee | $10 per month after 24 months | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Admirals
USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND
Ultima Markets
USD, EUR, GBP, CAD, AUD, NZD, SGD, HKD, JPY
Deposit and withdrawal methods
Admirals
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH)
Ultima Markets
Bank Wire, Credit Card, Debit Card, Alipay, Bitcoin (BTC), Tether (USDT)
Inactivity fee
Admirals
$10 per month after 24 months
Ultima Markets
Interest on margin
Admirals
Ultima Markets
Withdrawal fee
Admirals
Ultima Markets
Trading Platforms and Conditions
| Feature | Admirals | Ultima Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
Execution Speed | 150 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Admirals
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Ultima Markets
MetaTrader 4 (MT4)
Execution Speed
Admirals
150 ms
Ultima Markets
-
Scalping
Admirals
Ultima Markets
Expert Advisors (EAs)
Admirals
Ultima Markets
Depth of Market (DOM)
Admirals
Ultima Markets
Spread
Admirals
low
Ultima Markets
low
Trading Assets
| Asset | Admirals | Ultima Markets |
|---|---|---|
Currencies | 82 | 60 |
Indices | 43 | 28 |
Stocks | 3428 | 86 |
Cryptocurrencies | 21 | 47 |
Bonds | 2 | 7 |
Metals | 7 | 9 |
Energies | 3 | 7 |
Soft Commodities | 7 | 7 |
ETFs | 362 | 6 |
Currencies
Admirals
82
Ultima Markets
60
Indices
Admirals
43
Ultima Markets
28
Stocks
Admirals
3428
Ultima Markets
86
Cryptocurrencies
Admirals
21
Ultima Markets
47
Bonds
Admirals
2
Ultima Markets
7
Metals
Admirals
7
Ultima Markets
9
Energies
Admirals
3
Ultima Markets
7
Soft Commodities
Admirals
7
Ultima Markets
7
ETFs
Admirals
362
Ultima Markets
6
Education and Analytics
| Feature | Admirals | Ultima Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Admirals
Ultima Markets
Indicators
Admirals
Ultima Markets
Robots
Admirals
Ultima Markets
Signals
Admirals
Ultima Markets
Autochartist
Admirals
Ultima Markets
Expert Analytics
Admirals
Ultima Markets
News Feed
Admirals
Ultima Markets
Education Articles
Admirals
Ultima Markets
Webinars
Admirals
Ultima Markets
Seminars
Admirals
Ultima Markets
Bonuses
| Bonus | Admirals | Ultima Markets |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $5000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
Admirals
Ultima Markets
Size
Admirals
100%, up to $5000
Ultima Markets
—
Details
Admirals
Ultima Markets
—
Customer Support
| Contact | Admirals | Ultima Markets |
|---|---|---|
Email | global@admiralmarkets.com | info@ultimamarkets.com |
Phone | +442081577344 | — |
Telegram | Telegram | Telegram |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | — |
Instagram | ||
Twitter |
Email
Admirals
Ultima Markets
Phone
Admirals
Ultima Markets
—
Facebook
Admirals
—
Ultima Markets
YouTube
Admirals
Ultima Markets
—
Which Broker is Better?
After comparing Admirals and Ultima Markets, 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
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.