3+ best Admirals alternatives & competitors in 2024

By:

Prash Raval

Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.

Updated:  Jul 15, 2024

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5 min read

CFD broker, Admirals is available in over 50 countries and offers a wide range of assets including forex, stocks, crypto, and more. Founded in 2001, its grown into one of the most trusted brokerage platforms in the world. 

Compare the cost of trading and the available range of financial markets to learn if you can trust Admirals, or whether it’s better to find the best Admirals alternative.

Quick take: best alternatives to Admirals 2024

Top 10 Admirals alternatives & similar sites

1. Plus500. Best for international trading*

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From 0.08%

Fees

$...

Minimum deposit

2800

No. assets

Yes

Demo/virtual account

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools

No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to futures contracts for some of the biggest indices.

Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $100) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

One of the features we like most about Plus500 is its bonuses. Not only does it have a low minimum deposit of $100, but you’ll also have the option to receive a bonus the first time you add funds to your account, so you can stretch your money a little further.

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Features	Plus500 summary
No. of tradable assets	2800+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, ASIC, FMA, FCA, CySEC
View more >	Plus500 >

Visit Plus500 Plus500 Review

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. eToro. Best for beginners, copy-trading & demo-account

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0% commission

Fees

$...

Minimum deposit

1500

No. assets

Yes

Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because it’s a trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of more than 5,500 stocks and ETFs includes big names like Apple and Tesla, as well as smaller companies with high growth potential. You can start trading with as little as $10 using fractional shares if you’re on a tight budget.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. This is a great way to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across stocks, crypto, and options trading markets.

Highlights

Features	eToro summary
No. of tradable assets	3600+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN
View more >	eToro >

Visit eToro eToro Review

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

3. Public. Best for AI analysis

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Spreads

Fees

$...

Minimum deposit

9,000

No. assets

No

Demo/virtual account

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments

You can't trade on margin or use leverage No forex, options, funds, metals, or bonds

Overview

We love Public because it makes use of cutting-edge AI technology to enhance your trading and investing experience. Public’s AI-powered feature, Public Alpha offers personalized insights and recommendations through its natural language interface in real time. 

Public’s AI technology helps you make more informed decisions by analyzing massive amounts of data and providing actionable insights. These AI-driven insights are easily accessible and give users access to the latest advancements in financial analysis and trading. 

Not only do can you use AI to help your investments, Public is one of the lowest cost brokerage firms out there. You can invest in stocks and ETFs commission free. You can also buy and trade fractional shares and if you want to diversify, you can explore a range of alternative investments including music and film royalties. 

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours. 

Highlights

Features	summary
No. of tradable assets	9,000 +
Min. Deposit	$20
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, ETFs, Cryptocurrencies, Options, Bonds, Royalties
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	SEC, FINRA, SIPC
View more >	>

Visit Review

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

Compare similar apps to Admirals

We have assigned each Admirals alternative a rating to give you an idea of the overall service each trading platform provides. The score, alongside a snapshot of some important features, allow us to quickly summarise Admirals’s top competitors.

How the best Admirals alternative was found

We found alternative stock brokers to Admirals by reviewing what most closely matched Admirals in terms of the business model, licensing & operations, cost of trading, target audience, and financial markets available.

We ranked each alternative on these factors while taking into account all available user-reviews across services like Trustpilot, Reviews.io, and Sitejabber, to find the services that offered similar apps to Admirals.

Here are some more of the features we used to identify the best Admirals alternatives.

• Best low fee Admirals alternatives. The main cost of using a stock broker comes from trading fees or commissions but there may be other fees as well. We considered the overall cost of using a different trading platform, including inactivity fees, spreads, and conversion fees.
• Best Admirals alternatives for beginners. Beginner-friendly Admirals alternatives provide an intuitive app and trading experience that helps you make your first steps in trading. The most important feature it must offer is a free demo account, while features like copy or social trading can be useful as well.
• Best Admirals competitors with similar products. We picked out trading platforms where the markets and number of assets available most closely resembled Admirals. Good Admirals alternatives offer a large, varied range of financial products.
• Most secure Admirals alternative. All the Admirals competitors we recommend are regulated by top tier financial regulators to protect you and your money. We also look for similar apps to Admirals that are transparent about their finances and how they store customer funds.
• Best Admirals competitors with highest user reviews & customer ratings. Real life experience of using a trading platform is important. We identified the most popular platforms by comparing those with the best average ratings and most positive user reviews.

Best low fee alternatives to Admirals

You don’t want to switch trading platforms only to pay more for the service. Here’s how Admirals alternatives compare in terms of how they make their money:

Best Admirals alternative for beginners

Admirals is targeted towards beginners, so any competitor should provide a helpful experience to new users as well. Here is a comparison of beginner-friendly features available from Admirals’s competitors:

Admirals competitors with similar products

An Admirals alternative should allow you to invest into a similar range of stock assets and financial markets. That way, you can invest in the same products even if you switch brokers. Here’s how the competitors compare to Admirals:

Most secure Admirals alternative

Regulation is important because it offers you financial protection in the event that something happens to the broker, like a bankruptcy. Here are how the top alternatives fare against Admirals in terms of regulatory protection.

Best Admirals competitors with highest user reviews & customer ratings

We gathered data from independent review platforms to show what the experience of using a Admirals alternative was like for other people. 

This information can be a useful tool to help you decide which trading platform to use, but remember that there are many reasons why someone might have a good or bad experience with a service – and not all of them are the platform’s fault.

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