FXTM vs Admirals for Cyprus Traders (2026)
Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Cyprus Traders
Cyprus traders looking to compare FXTM and Admirals in 2026 have two top-tier brokers regulated by the Cyprus Securities and Exchange Commission (CySEC). FXTM, scoring 4.3/5, is known for its tight spreads and extensive local payment support including Bank Transfer, Skrill, Neteller, and USDT TRC20. Admirals, scoring 4.1/5, offers a robust MetaTrader 5 platform and a wide range of global indices. Both brokers cater to retail traders in Cyprus with EUR/USD accounts and local support in Greek and English. This comparison dives into trading costs, regulation, deposit methods, and account types to help you decide which broker aligns with your trading style and local needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | Admirals | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Admirals |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Admirals |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Admirals |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Admirals |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $1 | Admirals |
For Cyprus traders, trading costs are a key differentiator. FXTM offers tighter spreads on major forex pairs like EUR/USD, with raw spreads from 0.1 pips on its ECN account and a commission of $3 per lot. Admirals’ spreads start from 0.5 pips on its Zero account with a $2 commission per lot. Over 100 lots per month, FXTM saves you approximately $100 in spreads compared to Admirals. Both brokers charge no deposit fees, but Admirals may apply a small withdrawal fee for certain methods. For high-frequency traders, FXTM’s lower spreads are more cost-effective.
Account Types Comparison
| Account Type | FXTM | Admirals |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $1 |
Leverage Comparison - Cyprus Traders
| Entity / Asset | FXTM | Admirals |
|---|---|---|
| Cyprus (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 |
Trading Instruments - Assets Available
| Asset Class | FXTM | Admirals | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | Admirals |
| ETFs | ✗ | ✓ | Tie |
Platforms Comparison
| Platform | FXTM | Admirals |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Cyprus traders can choose between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) at both brokers. FXTM offers MT4 and its proprietary FXTM Trader app, which is user-friendly for mobile trading. Admirals focuses on MT5, providing access to a broader range of assets including stocks and ETFs. For Cyprus traders who prefer algorithmic trading or advanced charting, Admirals’ MT5 is superior. However, FXTM’s MT4 is ideal for forex-focused traders who want a reliable, time-tested platform.
Execution Quality - Speed & Slippage
| Factor | FXTM | Admirals | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Admirals |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FXTM uses STP/ECN execution with no requotes, providing average execution speeds of 40ms. Admirals offers DMA/STP execution with speeds around 50ms. For Cyprus traders trading volatile pairs like EUR/USD, FXTM’s faster execution reduces slippage risk. Both brokers are reliable, but FXTM’s execution is marginally better for scalping.
Regulation & Safety for Cyprus Traders
| Safety Factor | FXTM | Admirals |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and Admirals are regulated by CySEC, the local financial regulator in Cyprus, ensuring compliance with European MiFID II standards. This means Cyprus traders benefit from negative balance protection, segregated client funds, and access to the Investor Compensation Fund (ICF) up to €20,000. FXTM also holds licenses from the FCA (UK) and FSCA (South Africa), while Admirals is regulated by the FCA and BaFin. For Cyprus residents, CySEC regulation provides a strong safety net and local dispute resolution.
Deposits & Withdrawals for Cyprus
| Payment Method | FXTM | Admirals |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | e-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days. |
Cyprus traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FXTM processes Skrill and Neteller deposits instantly with no fees, while USDT TRC20 deposits are also fee-free and credited within minutes. Admirals supports the same methods but may charge a 1% fee for USDT TRC20 withdrawals. Bank transfers are free at both brokers but take 1-3 business days. Withdrawals are processed within 24 hours at FXTM and 1-2 business days at Admirals. For fast, low-cost deposits, FXTM has a slight edge.
Islamic Accounts - Swap-Free for Cyprus Muslims
| Islamic Account Feature | FXTM | Admirals |
|---|---|---|
| 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 brokers offer Islamic (swap-free) accounts for Cyprus Muslim traders. FXTM provides swap-free accounts on all account types (Standard, ECN, and Cent) with no additional fees. Admirals offers swap-free accounts on request, applicable to its Trade.MT4 and Trade.MT5 accounts. Neither broker charges overnight swap fees, but Admirals may apply a small admin fee after 30 days of holding a position. For long-term traders, FXTM’s straightforward swap-free policy is more advantageous.
Customer Support Comparison
| Support Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Cyprus traders can access customer support via live chat, email, and phone in both Greek and English. FXTM offers 24/5 support with a dedicated Cyprus phone line, while Admirals provides 24/5 support via live chat and email. Response times are under 5 minutes for live chat at both brokers. FXTM also has a local office in Limassol, which is convenient for in-person queries.
Mobile App Comparison
| Mobile Feature | FXTM | Admirals | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FXTM | Admirals | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
Admirals
Who Should Use Which Broker? - Cyprus Guide
Choose FXTM if you...
- Want lower spreads on major forex pairs for cost-effective trading.
- Prefer fast deposits via Skrill, Neteller, or USDT TRC20 with no fees.
- Need a swap-free Islamic account with no admin fees.
- Value a local office in Limassol for in-person support.
Choose Admirals if you...
- Prefer MetaTrader 5 for advanced charting and multi-asset trading.
- Want access to a wider range of global indices and stocks.
- Are a long-term investor who benefits from DMA execution.
- Need a broker with strong European regulation beyond CySEC.
FAQ - FXTM vs Admirals in Cyprus
Final Verdict - Cyprus 2026
For Cyprus traders in 2026, FXTM edges out Admirals with a higher rating (4.3/5 vs 4.1/5) due to tighter spreads, faster execution, and better local payment support including free Skrill, Neteller, and USDT TRC20 deposits. Admirals is a solid choice for those who prioritize MT5 and a wider asset range. Both are regulated by CySEC, ensuring safety. If you trade frequently or value low costs, choose FXTM. If you prefer a diverse portfolio, go with Admirals. Ultimately, your decision should align with your trading style and local needs in Cyprus.