Admirals vs Interactive Brokers
Detailed side-by-side broker comparison
Overview
Admirals
Interactive Brokers
Fees & Commissions
| Admirals | Interactive Brokers | |
|---|---|---|
| Commission per trade | $0.02 | $1 |
| Commission % | 0.008% | 0.005% |
| Annual custody fee | Free | Free |
| Inactivity fee | $10 | Free |
| Withdrawal fee | Free | Free |
| FX markup | 0.3% | 0.002% |
| Deposit fee | Free | Free |
| ETF commission | $0.02 | $1 |
| Min. monthly commission | Free | Free |
Instruments & Markets
Both offer
Only in Admirals
Only in Interactive Brokers
Trading Platforms
Only in Admirals
Only in Interactive Brokers
Pros & Cons
Admirals
Pros
- Wide asset range including real stocks & ETFs
- Strong regulatory presence
- Russian-language support
Cons
- Variable spreads on some pairs
- MetaTrader-only (no proprietary platform)
Interactive Brokers
Pros
- Zero minimum deposit
- Access to 135+ markets globally
- Very low commissions
Cons
- Complex interface for beginners
- Inactivity fee for small accounts
Verdict
Both Admirals and Interactive Brokers are regulated brokers offering access to global financial markets. However, they differ significantly in fees, available instruments, and minimum deposit requirements. Below is our expert assessment to help you make an informed decision.
Admirals
Admirals is best suited for traders who prioritize more instruments. With a minimum deposit of $100 and 7 asset classes, it offers a wider range of markets and asset classes.
Choose Admirals if you value more instruments.
Interactive Brokers
Interactive Brokers is best suited for traders who prioritize lower fees. With a minimum deposit of $0 and 6 asset classes, it offers a cost-effective solution for active traders.
Choose Interactive Brokers if you value lower fees.
Ultimately, the best choice depends on your trading style, budget, and preferred instruments. We recommend using our Broker Quiz for a personalized recommendation.
Not sure which broker to choose?
Take the Broker QuizFAQ
Which broker has lower fees — Admirals or Interactive Brokers?
Based on our comparison of trading commissions, custody fees, and other charges, Interactive Brokers generally offers lower fees. However, the exact cost depends on your trading volume and preferred instruments.
Which broker offers more instruments — Admirals or Interactive Brokers?
Admirals provides access to 7 asset classes, compared to 6 at Interactive Brokers. If market variety is important to you, Admirals is the better choice.
Which broker is more reliable — Admirals or Interactive Brokers?
Both brokers are regulated. Admirals holds a CySEC/FCA license, while Interactive Brokers is licensed by SEC/FCA. Both offer investor compensation schemes, so your funds are protected under EU regulations.
What is the minimum deposit for Admirals and Interactive Brokers?
The minimum deposit for Admirals is $100, and for Interactive Brokers it is $0. If you're just starting out, the broker with the lower requirement may be a better fit.