Broker Alarab
Broker Comparison

Admirals vs Plus 500: Which Broker Is Better?

Compare Admirals and Plus 500 across fees, spreads, regulation, account types, trading platforms and overall suitability for different trading needs.

Best Overall
Admirals
Overall Rating
Best for Beginners
Both are suitable
Costs and Execution
Admirals
Direct Comparison

Admirals vs Plus 500

VS
Admirals logo

Admirals

4.26out of 5
Best Suited For

MetaTrader forex trading

Plus 500 logo

Plus 500

3.92out of 5
Best Suited For

Beginners

Broker Alarab View
Our View on Admirals

Admirals is designed for MetaTrader users who want access to Trade and Zero accounts, MT4 and MT5, together with additional analytical tools and platform features.

It suits traders who want a choice between spread-based and commission-based pricing, although account availability, payment methods and regulatory protection depend on the client’s country and assigned entity.

Our View on Plus 500

Plus500 uses a proprietary trading platform designed to provide straightforward access to CFDs across forex, commodities and other markets without requiring traders to manage several platforms.

It may suit beginners who prefer a simple trading experience, but the absence of MT4, MT5 and Expert Advisor support makes it less suitable for advanced traders using automated or highly customised strategies.

Score Analysis

Strength Comparison

Compare Admirals and Plus 500 across the main factors traders consider when choosing a broker.

Comparison Factor
Admirals
Plus 500

Safety & Trust

4.55
4.60

Fees & Costs

4.15
3.70

Trading Platforms

4.40
3.85

Deposits & Withdrawals

4.05
3.75

Customer Support

4.15
3.70

Small score differences do not mean the brokers are identical. Choose according to the factor that matters most to you, such as regulation, trading costs, platforms, withdrawals or customer support.

Accounts & Trading Costs

Compare Accounts and Fees

Compare account types, spreads, commissions and minimum deposits at Admirals and Plus 500.

Quick Cost Comparison
Admirals

Admirals shows an advantage in trading costs or spreads based on the available data.

Admirals
2
available accounts
Plus 500
1
available account
Ease of Entry
Best for Beginners
Both are suitable
Comparison
Admirals
Plus 500
Main Account
Trade
Standard
Minimum Deposit
$100
$100
Spread
0.5 - 1.2
0.6 - 1.2
Commission
$0
$0
Execution
Market Execution
Market Execution
Account Details

Explore Available Account Types

Open each broker to compare the spread, commission, deposit and execution method for every account.

Admirals Accounts

2 available accounts

Trade

Commission-free general trading

Details
Spread
0.5 - 1.2
Commission
$0
Deposit
$100
Execution: Market Execution
Zero

Scalpers and active traders

Details
Spread
0.0 - 0.3
Commission
From $3.6 per lot
Deposit
$100
Execution: Market Execution

Plus 500 Accounts

1 available account

Standard

General traders

Details
Spread
0.6 - 1.2
Commission
$0
Deposit
$100
Execution: Market Execution

Do not choose a broker based only on the number of accounts. Compare spreads, commissions, minimum deposits and execution methods before selecting a trading account.

Choose the Broker That Fits Your Trading

Continue after reviewing the available accounts and trading costs.

Admirals
Start Now
Plus 500
Start Now
Safety & Regulation

Compare Broker Safety

Admirals vs Plus 500

Compare safety scores, regulators and the legal entity responsible for each trading account.

Admirals
4.55
Safety score out of 5
Plus 500
4.60
Safety score out of 5
Admirals
3 licencesIslamic account
Plus 500
5 licencesIslamic account

The number of licences alone is not enough. Verify the legal entity that will hold your account.

Admirals logo
Regulatory Profile

Admirals Licences

3 registered licences4.55 out of 5

Headquarters
Tallinn, Estonia
Islamic Account
Available

Regulators

3 records
CySECStrong oversight
Cyprus Securities and Exchange Commission
Licence Number
201/13
Legal Entity
Admirals Europe Ltd
FCAStrong oversight
Financial Conduct Authority
Licence Number
595450
Legal Entity
Admiral Markets UK Ltd
United Kingdom
Official Check
JSCModerate oversight
Jordan Securities Commission
Licence Number
1/3/01970/21
Legal Entity
Admiral Markets AS Jordan Ltd
Regulation and Fund Protection
Read the full analysis

Regulatory Summary

Admirals operates through entities that include Admiral Markets UK Ltd, authorised by the UK FCA under licence number 595450, and Admirals Europe Ltd, regulated by CySEC under licence number 201/13. The group also includes Admiral Markets AS Jordan Ltd, registered with the Jordan Securities Commission, providing a direct regulatory presence in the Arab region.

The Jordanian entity may be relevant to eligible traders in the region, but the account may be opened with a different company depending on the client’s country and available services. Trade and Zero accounts, leverage, products, complaint procedures and legal protection can vary between entities under the same Admirals brand.

Before opening an Admirals account, traders should match the legal entity and licence number in the client agreement with the regulator’s official register. This helps Arabic-speaking traders understand whether their account is assigned to the Jordanian, European or UK entity and assess the actual protection that applies.

Client Fund Protection at Admirals

Regulated Admirals entities hold eligible retail client funds in segregated accounts, separate from the money used for the company’s operations. Negative balance protection may also apply under the conditions of the relevant entity. Eligible clients registered with certain UK or European entities may qualify for statutory compensation or additional legal safeguards within defined limits.

These protections do not automatically apply to every Admirals account worldwide. Client-money rules, compensation eligibility and complaint procedures may differ between the Jordanian, UK, European and international entities. Traders should confirm the legal company named in their client agreement and review the protection available under that entity before depositing.

Plus 500 logo
Regulatory Profile

Plus 500 Licences

5 registered licences4.60 out of 5

Headquarters
Limassol, Cyprus
Islamic Account
Available

Regulators

5 records
ASICStrong oversight
Australian Securities and Investments Commission
Licence Number
417727
Legal Entity
Plus500AU Pty Ltd
CySECStrong oversight
Cyprus Securities and Exchange Commission
Licence Number
250/14
Legal Entity
Plus500CY Ltd
FCAStrong oversight
Financial Conduct Authority
Licence Number
509909
Legal Entity
Plus500UK Ltd
United Kingdom
Official Check
FMAStrong oversight
Financial Markets Authority New Zealand
Licence Number
FSP486026
Legal Entity
Plus500AU Pty Ltd
New Zealand
Official Check
MASStrong oversight
Monetary Authority of Singapore
Licence Number
CMS100648
Legal Entity
PLUS500SG PTE. LTD.
Regulation and Fund Protection
Read the full analysis

Regulatory Summary

Plus500 operates through entities supervised by leading regulators, including Plus500UK Ltd, authorised by the UK FCA under licence number 509909; Plus500AU Pty Ltd, regulated by ASIC under licence number 417727; and Plus500CY Ltd, authorised by CySEC under licence number 250/14. The group also holds regulatory approvals from the FMA in New Zealand and MAS in Singapore.

Plus500 is also listed on the London Stock Exchange, which adds disclosure and governance requirements alongside the supervision applied to its operating entities. However, products, leverage, complaint procedures and investor-protection arrangements depend on the Plus500 company serving the account and the client’s country of residence.

When assessing Plus500’s safety, traders should identify the legal entity responsible for the account rather than relying only on the brand’s reputation or the group’s stock-market listing. This is particularly important for CFD traders because it determines the regulator they can contact and the legal rights that apply to their account and funds.

Client Fund Protection at Plus 500

Plus500 states that eligible retail client funds are held in segregated bank accounts under the rules applying to the relevant legal entity. Client money is kept separate from company operating funds and should not be used to cover the broker’s business expenses. Eligible accounts may also receive negative balance protection, limiting liability caused by a negative account balance.

Some clients may qualify for statutory investor compensation depending on the jurisdiction, entity and eligibility rules. Client-money protection, compensation limits and complaint procedures may differ between the FCA, CySEC, ASIC, FMA and MAS entities. Traders should verify the legal company responsible for their Plus500 account before depositing.

Before depositing, match the legal entity and licence number in your client agreement with the regulator’s official register.

Comparison Summary

Which Broker Fits You?

Choose based on your priorities, not the overall rating alone.

Overall Result
Admirals

Admirals has the higher overall rating, but review why each broker may suit you before deciding.

Easier Start
Both are suitable
Fees & Costs
Admirals
Admirals logo
Best Choice by Overall Rating

Admirals

4.26
out of 5
Choose This Broker If You Want

Trade and Zero accounts with MetaTrader trading tools

MetaTrader tradersExpert Advisor users
Important

Account availability, client protection and payment methods vary by country and entity

Plus 500 logo
Alternative Choice by Priority

Plus 500

3.92
out of 5
Choose This Broker If You Want

User-friendly proprietary platform for straightforward online trading

BeginnersWeb platform users
Important

No MT4 or MT5 support for advanced automated trading strategies

Final Decision
Broker Alarab View

Admirals is designed for MetaTrader users who want access to Trade and Zero accounts, MT4 and MT5, together with additional analytical tools and platform features.

Check the account conditions, fees and regulatory entity available in your country before registering.

Frequently Asked Questions

Questions About Admirals and Plus 500

Important answers before opening an account or choosing the more suitable broker.

Admirals
Plus 500

Questions About Admirals

3 questions

Why does Admirals list Trade and Zero accounts separately for MT4 and MT5?

Trade.MT4 and Trade.MT5 use broadly similar pricing on different platforms, as do Zero.MT4 and Zero.MT5. They can therefore be grouped as Trade and Zero while listing platform availability separately.

Is the Admirals Zero account always cheaper than Trade?

Zero offers spreads from 0.0 pips with a separate commission, while Trade includes broker costs in the spread. The cheaper option depends on live spreads, trade size and trading frequency.

What is Admirals Invest.MT5 and why is it not listed as a forex account?

Invest.MT5 is designed for eligible investment products under different conditions. It is not the same category as the Trade and Zero forex and CFD pricing accounts.

Questions About Plus 500

3 questions

How competitive are Plus500 spreads compared to other CFD brokers?

Plus500 typically offers spreads between 0.6 to 1.2 pips on major forex pairs. While competitive for a commission-free broker, spreads may be higher compared to ECN brokers that offer raw pricing.

Does Plus500 charge commissions or is everything included in the spread?

Plus500 uses a spread-based pricing model, meaning there are no separate commissions on trades. All trading costs are built into the spread, making pricing simple but sometimes less transparent.

What is the minimum deposit required to open a Plus500 account?

The minimum deposit at Plus500 starts from $100, which is standard for regulated CFD brokers and higher than entry-level platforms.

Conditions may vary by country and regulatory entity. Review the account details before registering.