Admirals (Admiral Markets) vs Capital.com — which broker is better?

Pros

• Real share and ETF ownership through Invest.MT5 — roughly 4,800 listed companies and 200-plus ETFs from USD 0.02 per share with a USD 1.00 minimum, with no custody or platform fee.
• Zero.MT5 prices FX from 0.0 pips plus commission starting at USD 3.00 per lot per side (USD 6.00 round turn), falling towards USD 1.80 per side at high volume.
• Inactivity is only EUR 10 a month and only after 24 months without activity, and only while the balance is positive — among the most forgiving dormancy terms in CFD broking.
• Four meaningful licences: FCA 595450 (FSCS to GBP 85,000), CySEC 201/13, ASIC 410681 and FSCA FSP 51311, plus regional entities in Jordan (JSC 1/3/01970/21), Kenya (CMA 178) and the Seychelles (FSA SD073).
• MetaTrader Supreme Edition is free and genuinely useful — mini terminal, correlation matrix, sentiment data and Trading Central analysis grafted onto standard MT4 and MT5.
• Research is above its weight: Dow Jones news, Trading Central technical analysis and Acuity sentiment indicators, plus a Zero to Hero course and a deep webinar programme.
• Nine base currencies including EUR, GBP, CHF, PLN, HUF and CZK, with one free withdrawal per payment method every calendar month.

Cons

• Support is weekday office hours only, with no weekend desk — a genuine gap for anyone holding crypto CFDs over a Saturday.
• The Estonian investment firm licence was withdrawn in April 2026 during a restructuring, moving EEA clients to the Cyprus entity where compensation is capped at EUR 20,000 rather than the UK's GBP 85,000.
• A 0.3% currency conversion charge applies whenever the instrument currency differs from your account currency, which quietly adds up on a US share portfolio funded in euros.
• Only the first withdrawal per payment method each calendar month is free; the charge on subsequent withdrawals varies by method and is not published as a single figure.
• The experience is MetaTrader-shaped. If you find MT5 dated, the proprietary Admirals Platform is a lighter companion rather than a genuine alternative.
• No options, no bonds, no mutual funds and no exchange-listed futures — the catalogue is broad within CFDs and equities but stops there.

Pros

• No commission on any CFD and no inactivity fee whatsoever — unusual in the CySEC/FCA CFD segment
• EUR/USD averages roughly 0.7 pips all-in, with spreads advertised from 0.6 pips
• Free deposits and free withdrawals, with a USD 20 minimum via card, Apple Pay or PayPal
• Roughly 5,585 tradeable symbols including 125 FX pairs and about 450 crypto CFDs
• Top-tier regulation through the FCA (793714) and ASIC (513393) alongside CySEC (319/17)
• Mobile app is genuinely at feature parity with the web platform, not a cut-down version
• Choice of proprietary platform, MT4, MT5 and native TradingView integration
• Investmate education and the built-in trading-bias detector are substantive, not marketing filler

Cons

• 0.7% currency conversion markup on every trade settled outside your base currency — the single largest hidden cost here
• Overnight funding adds roughly 4.05% per year over the benchmark rate, which makes multi-week leveraged holds expensive
• No exchange-traded options, futures, bonds or mutual funds — the product set is essentially CFDs only
• Real share dealing (Capital.com Invest) covers only about 1,000 stocks and is limited to selected European countries
• Not publicly listed and founded only in 2016, so there is less financial transparency than at an exchange-listed broker
• Crypto CFDs are unavailable to UK retail clients, and the broker does not accept clients in the US, Canada, Japan, Belgium or Hong Kong