Prospero Markets vs Admiral Markets

Prospero Markets or Admiral Markets – which is better for UK traders 2024? Compare Prospero Markets and Admiral Markets in this detailed breakdown of their platforms, features and fees.

Prospero Markets vs Admiral Markets Comparison Table 2024
Prospero Markets Admiral Markets
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3
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3.6
Prospero Markets is ranked #94 among CFD brokers. Admiral Markets is ranked #26 among CFD brokers.
Prospero Markets was established in 2012, boasting access to more than 300 investment products under the safety of ASIC regulation. The broker also extends its services beyond Australia to the majority of the globe, allowing retail traders to access low-spread CFDs on reliable trading software. Admirals is a multi-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
Forex & CFDs are complex products, not suitable for everyone, and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • Prospero Markets is a trustworthy brand regulated by the ASIC
  • The MT4 platform and app are available to account holders
  • Trading on the volatility index (VIX) is offered
  • High leverage up to 1:400 to global traders
  • A free demo account is available
  • Low minimum deposit from $100
  • MetaTrader 4 platform and app integration
  • Full range of investments including cryptos and spread betting
  • Demo account to test the broker before real-money trading
  • Admirals is a multi-regulated broker with a long list of industry awards and accolades
  • Tight spreads and low to zero commissions mean Admiral Markets is a good option for active traders
  • The low minimum deposit, fractional shares and easy three-step account registration process will appeal to beginners
Cons
  • The $500 minimum deposit is relatively high
  • There is no copy trading platform
  • Crypto is not available
  • Monthly inactivity fee
  • US traders not accepted
  • The demo account expires after 30 days
Awards
  • Best Education & Training (Germany) - 2020
  • Best Forex Broker (Spain) - 2020
  • Best Forex Company - 2019
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Metals, Energies, Stocks, Indices, VIX Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting
Demo Account
Yes Yes
Minimum Deposit
A$500 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, SVGFSA FCA, CySEC, ASIC, JSC, CMA, CIRO, AFM
Mobile Apps
Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
Yes No
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No Yes
Trade Signals
MetaTrader Yes (MetaQuotes)
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10 AUD $10
Islamic Account
No Yes
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • SEK
  • CHF
  • CZK
Commodities
  • Oil
  • Natural Gas
  • Copper
  • Cocoa
  • Cotton
  • Corn
  • Soybeans
  • Wheat
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Gold
  • Natural Gas
  • Orange Juice
  • Copper
  • Platinum
  • Silver
  • Cocoa
  • Cotton
  • Sugar
  • Nickel
  • Lithium
CFD
Prospero Markets offers an impressive range of CFD assets, with a focus on equities, indices and futures that can be hard to find. More than 300 instruments are offered in total, with 58 of these based on futures products. CFDs can be traded with leverage up to 1:400. Trade CFDs on forex, stocks, indices, commodities, ETFs, bonds and cryptocurrencies with variable leverage up to 1:30. The broker provides great value to traders with six free trades per day on US, UK and European stocks, tight spreads on forex and low commissions on ETFs.
Leverage
1:30 (Australia), 1:400 (Global) 1:30 (EU), 1:500 (Global)
FTSE Spread
From 1.27 0.8
GBPUSD Spread<
From 0.5 1.3
Oil Spread
From 2.5 0.03
Stocks Spread
NA 0.5
Forex
Prospero Markets offers 38 forex pairs spanning majors, minors and exotics. Spreads are fairly tight on the Standard account and commissions are very competitive for VIP clients. Trade 80+ major, minor and exotic forex pairs. This is a very competitive range of currency pairs with 50+ exotics to choose from, and traders will benefit from fast execution and support from extra features including a pip calculator. The MetaTrader 4 software was also designed for online forex trading.
Assets
38 50
GBPUSD Spread
From 0.5 1
EURUSD Spread
From 0.1 0.6
EURGBP Spread
From 0.5 1
Currency Indices
  • USD
Cryptocurrency
Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options.
Spread
1%
Coins
  • BTC
  • BCH
  • DSH
  • EOS
  • ETC
  • ETH
  • LTC
  • XLM
  • XMR
  • XRP
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Prospero Markets Admiral Markets
Forex & CFDs are complex products, not suitable for everyone, and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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