Which broker is better for China traders in 2026? Expert analysis across 12 categories.
For China traders seeking offshore exposure, choosing between Admirals and FxPro is a close call. Both brokers score 4.1/5 in our rating, reflecting strong reputations, reliable execution, and a broad range of trading instruments. However, the decision hinges on specific needs of traders in China, including deposit methods like USDT and international bank transfers, platform preferences, and cost structures. Admirals, founded in 2001, is known for its low spreads and extensive educational resources, while FxPro, established in 2006, excels in platform variety and CFD offerings on indices and commodities. Neither broker is regulated by the CSRC, so traders must operate through offshore entities and comply with China's capital controls. Both accept Chinese clients without restrictions, making them popular choices for traders in Shanghai, Beijing, and Shenzhen who want to trade forex, indices, and commodities with international brokers.
| Instrument | Admirals | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $1 | $100 | Admirals |
For China traders, trading costs are a major factor. Admirals offers spreads from 0.0 pips on its Zero account with a $3 commission per lot, while FxPro's Raw Spread account starts at 0.0 pips with a $4.5 commission. On standard accounts, Admirals' EUR/USD spread averages 0.8 pips versus FxPro's 1.2 pips. For a China trader executing 50 lots per month, Admirals saves approximately $75 in commission and spread costs. Both brokers have no deposit or withdrawal fees, but currency conversion fees apply when depositing in non-base currencies—Admirals charges 0.5%, FxPro 0.7%. Overall, Admirals is more cost-effective for high-volume traders, while FxPro remains competitive for smaller accounts.
| Account Type | Admirals | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $1 | $100 |
| Entity / Asset | Admirals | FxPro |
|---|---|---|
| China (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | Admirals | FxPro | 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+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | Admirals | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
China traders value platform stability and speed. Admirals offers MT4, MT5, and its proprietary WebTrader, all optimized for low latency. FxPro provides MT4, MT5, cTrader, and its own FxPro Edge platform. For traders in China using VPNs or direct connections, both brokers have servers in Hong Kong and Singapore to reduce latency. FxPro's cTrader is a strong advantage for algorithmic traders who prefer advanced charting and order management. Admirals' MT5 integration with its own analytics tools is beneficial for fundamental traders. Both platforms support automated trading via Expert Advisors (EAs) and are available on desktop, web, and mobile.
| Factor | Admirals | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| 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 |
Both brokers offer ECN/STP execution with no dealing desk intervention. Admirals reports average execution under 20ms, while FxPro claims under 15ms. FxPro's cTrader platform provides deeper market depth and faster order routing, which is beneficial for scalpers. Admirals' execution is reliable but slightly slower on MT4 during high volatility. For China traders focusing on forex majors, both offer excellent execution quality.
| Safety Factor | Admirals | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Admirals is regulated by the FCA (UK), CySEC (Cyprus), and FSCA (South Africa). FxPro holds licenses from the FCA, CySEC, SCB (Bahamas), and FSCA. Neither is regulated by the CSRC, which means China traders do not have local regulatory protection. However, both brokers offer negative balance protection and segregated client funds under FCA and CySEC rules. For China traders, this means funds are held in reputable jurisdictions but not covered by Chinese investor compensation schemes. It is essential to verify the specific entity you sign up with—usually the CySEC or FSCA entity for China clients—to understand your level of protection.
| Payment Method | Admirals | FxPro |
|---|---|---|
| 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. | 1 business day |
China traders can fund accounts via USDT (Tether) and international bank transfers with both brokers. Admirals supports USDT, USDC, and other stablecoins, with zero deposit fees and instant processing. FxPro accepts USDT and Bitcoin, also with no fees. Bank transfers in USD, EUR, or GBP take 1-3 business days and may incur intermediary bank charges of $10-20. Minimum deposit is $100 for both, though Admirals allows $50 via crypto. Withdrawals are processed within 24 hours for crypto and 1-2 business days for bank transfers. Neither broker accepts CNY directly, so traders need to convert via their own bank or crypto exchange. Both brokers have no withdrawal fees, but currency conversion fees apply (0.5% for Admirals, 0.7% for FxPro).
| Islamic Account Feature | Admirals | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For China Muslim traders, both Admirals and FxPro offer Islamic (swap-free) accounts. Admirals provides swap-free status on all account types upon request, with no additional fees for holding positions overnight, making it ideal for long-term traders. FxPro also offers Islamic accounts but applies a small administrative fee after holding a position for more than a few days. China Muslim traders who trade frequently or hold positions for weeks will find Admirals more cost-effective. Both brokers require a simple request via support to activate the swap-free feature, with no minimum deposit requirement for Islamic accounts.
| Support Feature | Admirals | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Admirals |
Both brokers offer 24/5 multilingual support via live chat, email, and phone. Admirals provides dedicated Chinese-speaking support during Asian trading hours, while FxPro offers support in Mandarin but with slightly longer response times. Admirals also has a WeChat support channel for China clients, which is a distinct advantage. FxPro's support is more standardized but still responsive. For China traders, Admirals' localized support is a plus.
| Mobile Feature | Admirals | FxPro | 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 |
| Resource | Admirals | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Admirals |
Choose Admirals if you...
Choose FxPro if you...
Both Admirals and FxPro are excellent choices for China traders seeking offshore exposure, with identical overall ratings of 4.1/5. Admirals wins on lower trading costs, better deposit options via USDT, and localized Chinese support. FxPro shines with platform variety and faster execution. For China traders who prioritize cost efficiency and ease of funding, Admirals is the better pick. For those who need advanced platforms like cTrader or trade a wider range of CFDs, FxPro is a strong alternative. Since neither is regulated by the CSRC, always ensure you use a reliable international bank or crypto exchange for deposits and withdrawals. Ultimately, your choice should align with your trading volume, platform preference, and need for local support.