
Trading Account Comparison: Admirals Zerovs Exness Raw Spread
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Raw Spread
What Makes Admirals Zero Different from Exness Raw Spread?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
Admirals Zero
The Admirals Zero account is the low-spread option categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission starts from $3.6 per lot, the minimum deposit is $100 and orders use Market Execution. Zero should therefore be evaluated using both spread and commission rather than focusing only on the 0.0-pip starting spread.
Exness Raw Spread
The Exness Raw Spread account targets traders who place a high priority on tighter spreads and are comfortable with a pricing model that includes a separate commission. Its value is better assessed through total transaction cost rather than spread alone, making it especially relevant to scalping, active trading and strategies where small differences in entry and exit costs can matter.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading Account
Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | Admirals Zero | Exness Raw Spread |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | Admirals | Exness |
| Account Name | Zero | Raw Spread |
| Account Type | raw | raw |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FCA | CySEC | ASIC | JSC | FSA | FCA | CySEC | FSCA | JSC |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 0.0 – 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0 |
| Average Recorded Spread | 0.1 | 0.1 |
| Advertised Commission | Not specified | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $100 | $200 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | WebTrader | Admirals Mobile App | MT4 | MT5 |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | Classified as suitable for scalping |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | FCA | CySEC | ASIC | JSC | FSA | FCA | CySEC | FSCA | JSC |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:1000 | 1:2000 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

Admirals
Zero

Exness
Raw Spread
Broker Alarab's Assessment
We see Admirals Zero as the account most relevant to traders prioritizing tight spreads, with a recorded 0.0–0.3 pip range and 0.1-pip average. However, commission starting from $3.6 per lot cannot be separated from the cost analysis. Scalpers and active traders should therefore compare expected total cost with Trade based on their trading volume rather than choosing Zero solely because of its tighter spread.
Broker Alarab's Assessment
Raw Spread is a more specialized account than Standard or Pro. We see it as suitable for traders who understand how commissions and spreads affect total costs and whose strategies benefit from lower spreads. The correct comparison should be based on the complete transaction cost rather than the spread figure alone.
Account Advantages
- ✓Listed spreads range from 0.0–0.3 pips
- ✓Recorded average spread is 0.1 pip
- ✓Tighter listed spread range than the Trade account in our data
- ✓Categorized for scalpers and active traders
- ✓The $100 minimum deposit is the same as Trade
Account Advantages
- ✓Low spreads suitable for cost-sensitive strategies
- ✓Suitable for active traders
- ✓Can be practical for scalping strategies
- ✓Clear pricing structure combining spreads and commissions
- ✓Designed for more experienced traders
Disadvantages and Considerations
- !A separate commission applies starting from $3.6 per lot
- !A spread starting from 0.0 does not mean trading is cost-free
- !The commission is recorded as starting from an amount rather than a fixed charge for every situation
- !Higher total trading volume increases the importance of calculating cumulative commission
Disadvantages and Considerations
- !Trading commissions must be considered alongside spreads
- !More complex than commission-free accounts
- !Not necessarily the lowest-cost option for every instrument or strategy
- !May not be the most suitable choice for beginners
Who Is This Account Suitable For?
- •Scalpers according to Broker Alarab account categorization
- •Active traders who prioritize tight spreads
- •Users who prefer a pricing model separating commission from the spread
- •Traders able to evaluate the impact of per-lot commission on their total trading cost
Who Is This Account Suitable For?
- •Active traders
- •Traders using scalping strategies
- •Those who place a high priority on low spreads
- •Traders comfortable calculating spreads and commissions together
Detailed Account Analysis
Does the Admirals Zero Spread Start From 0.0 Pips?
Yes. The recorded minimum spread for Admirals Zero is 0.0 pips, while the listed range extends to 0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. A 0.0-pip starting spread does not mean cost-free trading because the account carries a separate commission starting from $3.6 per lot. Spread and commission should therefore be evaluated together.
What Is the Admirals Zero Commission?
The commission recorded in the Broker Alarab database for Zero starts from $3.6 per lot. The phrase starting from is important when evaluating the account because we do not describe $3.6 as a fixed commission in every situation. Active traders should relate commission to their total traded lots alongside the listed 0.0–0.3 pip spread range.
Admirals Zero vs Trade for Scalping and Active Trading
Zero is categorized in our data for scalpers and active traders and has listed spreads of 0.0–0.3 pips with commission starting from $3.6 per lot. Trade has 0.5–1.2 pip spreads with a $0 separate commission. Both start from $100, so traders should compare the impact of spread and commission on their actual trading approach rather than assuming the tighter-spread account is always cheaper.
Detailed Account Analysis
Raw Spread vs Standard
Raw Spread and Standard use different cost models. Standard relies on spreads without a direct trading commission, while Raw Spread aims to provide lower spreads while adding a trading commission. Standard can therefore be easier for traders who prefer simple pricing, whereas Raw Spread may become more attractive to frequent traders who genuinely benefit from lower spreads after including commission in the total transaction cost.
Raw Spread vs Pro
Pro offers a model without a direct commission and more competitive spreads than basic accounts, while Raw Spread separates more of the trading cost between the spread and commission. The choice depends on instruments, trading volume and frequency. Traders prioritizing simplicity may prefer Pro, while those highly sensitive to spread costs may favor Raw Spread after comparing the complete transaction cost under both pricing models.
Raw Spread vs Zero
Both accounts target traders focused on reducing spread-related costs, but their pricing and commissions vary by account and instrument. There is therefore no single answer that applies to every trader. A better comparison is to select the instruments normally traded and calculate both spread and commission under each account. This helps determine whether Raw Spread or Zero is more cost-efficient for the trader's actual strategy.
Important details about the Admirals Zero account
Commission starts from $3.6 per lot
This is the wording recorded in Broker Alarab data, so we do not treat $3.6 as a fixed commission applicable in every situation.
0.0 pips does not mean zero cost
The listed spread starts from 0.0 and extends to 0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero.
The minimum deposit is $100
Zero and Trade have the same recorded $100 minimum deposit. This figure represents an account requirement rather than a recommendation for appropriate trading capital.
Important details about the Exness Raw Spread account
Low spreads with a separate commission
Raw Spread separates more of the trading cost from the spread and charges it as a per-lot commission. For this reason, traders should compare the combined spread-and-commission cost rather than choosing the account based on spread alone.
Commission depends on the instrument
Exness states that Raw Spread commission can be up to USD 3.50 per lot per side on most instruments, with the exact amount depending on the instrument traded. Commission applies to both directions of the trade, so contract specifications should be checked.
Designed for more active trading
Exness positions Raw Spread for experienced traders, combining ultra-low spreads with market execution and no general limit on the number of open positions. This structure makes it relevant for scalping, active trading and spread-sensitive strategies.
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
Compare Spreads and Commissions Together
The recorded spread for Admirals Zero is 0.0 - 0.3, while Exness Raw Spread shows 0.0 – 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for Admirals Zero is $100, compared with $200 for Exness Raw Spread. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FAQs About Admirals Zero vs Exness Raw Spread
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between Admirals Zero and Exness Raw Spread?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the Admirals Zero account?+
What is the Admirals Zero spread?+
What is the Admirals Zero commission?+
What is the difference between Admirals Zero and Trade?+
What is the Exness Raw Spread account and who is it suitable for?+
How much is the commission on the Exness Raw Spread account?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
