The Admirals Trade account uses a pricing model centered on the spread without a separate trading commission according to the account data recorded by Broker Alarab. Spreads range from 0.5–1.2 pips with a recorded average of 0.8 pips, while the separate commission is $0. The minimum deposit is $100, orders use Market Execution and the account is categorized in our data for commission-free general trading. When evaluating the Admirals Trade spread, it is useful to look beyond the 0.5-pip starting figure. The recorded range extends to 1.2 pips and the recorded average is 0.8 pips, providing additional context for understanding the pricing structure. Commission-free in this context means there is no separate trading commission in our recorded data; it does not mean opening and closing trades has no cost because the spread remains a key component of the account pricing model. A comparison with Admirals Zero makes the distinction clearer. Both accounts have a $100 minimum deposit and use Market Execution, but Trade has listed spreads of 0.5–1.2 pips without a separate commission, while Zero has 0.0–0.3 pip spreads with commission starting from $3.6 per lot. Choosing between Trade and Zero therefore depends on trading style, volume and expected total transaction cost rather than the lowest spread alone.