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Admirals (Admiral Markets)
VS
Pepperstone

Admirals (Admiral Markets) vs Pepperstone: which broker is better in 2026?

We compare Admirals (Admiral Markets) and Pepperstone — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Pepperstone edges ahead (4.3/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaAdmirals (Admiral Markets)Pepperstone
Overall score 3.9 4.3
Regulation & safety 4.0 4.5
Fees & deposit 3.5 4.0
Platform & assets 4.0 4.5
User support 4.0 4.0
Trust score78/10087/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, Admirals platform/appMetaTrader 4, cTrader, TradingView (integrated)
Fee modelSpread + commission varies; competitiveSpread & commission model varies per account type — details not yet verified

Pros & cons

Admirals (Admiral Markets)
  • Tier-1 multi-jurisdiction regulation (FCA/ASIC/CySEC) + a track record since 2001
  • Full MT4/MT5 + strong educational material
  • Multi-asset coverage (forex, CFDs, ETFs, bonds)
  • Spread is not the cheapest in the raw ECN class
  • Product availability differs per entity
  • Leverage is high-risk
Pepperstone
  • Well-documented multi-jurisdiction regulation (ASIC, FCA, BaFin, CySEC, DFSA, SCB) with no negative regulator action found
  • Full platform selection: MT4, MT5, cTrader, and integrated TradingView
  • Known for a low-cost focus & fast execution — popular for scalping/algo trading
  • Forex/CFD focus — not for those seeking real stocks or long-term investing
  • Private company (not public), financial transparency more limited than listed brokers
  • Leveraged trading remains high-risk even with a solid broker

Regulation at a glance

Admirals (Admiral Markets)

Admirals (Admiral Markets) — regulated by the FCA (UK), CySEC (Cyprus), ASIC (Australia), EFSA (Estonia), JSC (Jordan). Related to a group publicly listed on Nasdaq Tallinn.

Pepperstone

Well-documented, layered regulation: ASIC (Australia) license since February 2013, FCA (UK) since 2015, BaFin (Germany) and CySEC (Cyprus) since around 2020, DFSA (UAE), and SCB (Bahamas). One of the brokers with the most documented regulatory footprint in this directory.