Admirals vs EasyMarkets (2026): Which Broker Wins for Singapore Traders?
Which broker is better for Singapore traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Singapore Traders
For Singapore traders navigating the competitive forex market, choosing between Admirals and EasyMarkets is a key decision. Admirals, with its higher rating of 4.1/5, is well-suited for sophisticated investors who demand tight spreads, advanced platforms, and deep liquidity. EasyMarkets, rated 3.4/5, appeals to those who value simplicity and fixed costs. Both brokers accept SGD deposits via local methods like PayNow, Bank Transfer, and Credit Card, making them accessible to Singapore residents. However, their regulatory frameworks differ: Admirals is regulated by the FCA and CySEC, while EasyMarkets is regulated by CySEC and ASIC. Neither is directly licensed by the Monetary Authority of Singapore (MAS), so traders should conduct due diligence. This comparison examines trading costs, platforms, regulation, and deposit options tailored for Singapore’s financial hub environment.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $25 | Admirals |
For Singapore traders, trading costs are critical due to high volume activity. Admirals offers variable spreads starting from 0.0 pips on EUR/USD (Zero account) with a commission of $3 per lot, making it ideal for scalpers. EasyMarkets uses fixed spreads, with EUR/USD at 1.2 pips and no commission. On a standard lot trade, Admirals’ cost is roughly $3 + spread, while EasyMarkets costs $12 per lot. Over 100 trades per month, Admirals saves Singapore traders up to $900. For major pairs and indices, Admirals consistently offers lower costs.
Account Types Comparison
| Account Type | Admirals | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $25 |
Leverage Comparison - Singapore Traders
| Entity / Asset | Admirals | EasyMarkets |
|---|---|---|
| Singapore (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Admirals |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Admirals |
| Crypto CFDs | 30+ | 20+ | Admirals |
| Stocks / Share CFDs | 1,000+ | ✗ | EasyMarkets |
| ETFs | ✓ | ✗ | Tie |
Platforms Comparison
| Platform | Admirals | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Admirals provides MetaTrader 4 and 5, plus its proprietary WebTrader, all with advanced charting and automated trading capabilities—suited for sophisticated Singapore traders who rely on Expert Advisors. EasyMarkets offers a proprietary web platform and mobile app, focusing on user-friendliness with features like deal cancellation and guaranteed stop-loss. Admirals wins for flexibility and depth, while EasyMarkets suits beginners who prefer a simplified interface with risk management tools.
Execution Quality - Speed & Slippage
| Factor | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Admirals |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
Admirals executes orders through market execution with no requotes, using direct market access (DMA) technology that suits high-frequency Singapore traders. EasyMarkets uses instant execution with fixed spreads and a deal cancellation feature, which can add latency but reduces slippage. Admirals provides superior order execution speed and transparency, while EasyMarkets offers predictability at the cost of speed.
Regulation & Safety for Singapore Traders
| Safety Factor | Admirals | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Singapore traders under MAS oversight. Admirals is regulated by the FCA (UK) and CySEC (Cyprus), offering client segregation and compensation schemes (up to £85,000 under FSCS). EasyMarkets is regulated by CySEC and ASIC, with similar protections but no direct MAS supervision. Both ensure negative balance protection, but Singapore traders should verify that the entity they trade under is compliant with local laws. Admirals’ FCA regulation provides stronger investor protection for high-net-worth individuals.
Deposits & Withdrawals for Singapore
| Payment Method | Admirals | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Both brokers support popular Singapore payment methods: PayNow, Bank Transfer, and Credit Card. Admirals processes SGD deposits via PayNow instantly with no fees, and bank transfers typically clear in 1 business day. EasyMarkets also accepts these methods with no deposit fees. Minimum deposits: Admirals requires $100 USD equivalent (approx SGD 135), while EasyMarkets requires $250 USD (approx SGD 335). Withdrawals are free at Admirals via bank transfer (1-3 days), while EasyMarkets may charge a small fee for certain methods. For Singapore traders, PayNow is the most convenient option at both brokers, enabling quick funding.
Islamic Accounts - Swap-Free for Singapore Muslims
| Islamic Account Feature | Admirals | EasyMarkets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both Admirals and EasyMarkets offer Islamic (swap-free) accounts for Muslim traders in Singapore. These accounts eliminate overnight interest on positions, complying with Sharia principles. Admirals provides the account on request for all account types, with no fees for maintaining the status but may apply a holding period limit on trades. EasyMarkets also offers Islamic accounts with free setup and no extra charges. Singapore Muslim traders can choose either broker, but Admirals’ superior spreads and platform make it a stronger choice for active Islamic trading.
Customer Support Comparison
| Support Feature | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Admirals offers 24/5 customer support in English via live chat, email, and phone, with a dedicated line for Singapore clients. EasyMarkets provides 24/5 support as well, with live chat and email, but lacks a Singapore-specific phone number. Admirals edges ahead with faster response times and richer educational resources for sophisticated traders.
Mobile App Comparison
| Mobile Feature | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Admirals |
| Google Play rating | 4.3 stars | 4.2 stars | Admirals |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | Admirals | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
Admirals
EasyMarkets
Who Should Use Which Broker? - Singapore Guide
Choose Admirals if you...
- Are a sophisticated investor trading high volumes in SGD
- Need tight spreads on major forex pairs and indices
- Prefer MT4/MT5 with Expert Advisors and advanced tools
- Value FCA regulation and stronger investor protection
Choose EasyMarkets if you...
- Are a beginner wanting a simple platform with fixed costs
- Need guaranteed stop-loss and deal cancellation features
- Trade smaller sizes and prefer predictable spreads
- Want a mobile-first experience with easy risk management
FAQ - Admirals vs EasyMarkets in Singapore
Final Verdict - Singapore 2026
For Singapore traders, Admirals stands out as the superior broker with a 4.1 rating vs EasyMarkets’ 3.4. It offers lower trading costs, advanced platforms (MT4/MT5), and stronger regulation (FCA). While both support PayNow, Bank Transfer, and Credit Card for SGD deposits, Admirals’ lower minimum deposit and fee-free withdrawals add appeal. EasyMarkets is a decent alternative for beginners or those who value fixed costs and safety features, but its wider spreads and fewer tools limit its suitability for active Singapore traders. For sophisticated investors in Singapore’s financial hub, Admirals is the winning choice.