HomeCompareIC Markets vs AdmiralsBrunei
JO
Written by
AM
Fact checked by
📊
Data verified
July 2026
🌍
Country
Brunei
Complete Head-to-Head Comparison · 2026

IC Markets vs Admirals: Brunei Trader Comparison 2026

Which broker is better for Brunei traders in 2026? Expert analysis across 12 categories.

IC
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
Admirals logo
Admirals
FCA · ASIC · CySEC · Founded 2001
Open Account
Winner: IC Markets
Categories: 12 compared
For: Brunei traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Brunei Traders

Best Overall
IC Markets
Higher overall score & more features
Best Spreads
Admirals
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Brunei Muslims
Best for Beginners
IC Markets
Better education & support
$200 vs $1
Min deposit
1:5000 vs 1:500
Max leverage
ASIC vs FCA
Top regulator
3.6 vs 3.1
Our scores
Table of Contents

Brunei traders seeking a reliable forex broker face a choice between two industry leaders: IC Markets, rated 4.8/5, and Admirals, rated 4.1/5. Both are well-regarded globally, but for Brunei residents, factors like local payment methods, regulatory comfort, and cost efficiency matter most. IC Markets is known for its ultra-low spreads and fast execution, while Admirals offers a more educational approach with a wider product range. This comparison focuses on Brunei-specific needs, including deposits via Bank Transfer, Skrill, Neteller, and USDT, and adherence to the local financial regulator's expectations. Whether you are a scalper or a long-term investor, understanding these differences will help you choose the right broker for your trading style in Brunei.

🏆

Overall Scores Comparison

IC
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS
Admirals
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
Trading Costs
Spreads, commissions
3.7
WIN
3.2
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.3
Regulation
Safety, oversight
3.9
WIN
3.4
Deposits
Local payments
3.7
WIN
3.2
Customer Support
24/5, chat, phone
3.4
WIN
2.9
Education
Webinars, guides
3.3
WIN
3.2
Execution
Speed, slippage
3.7
WIN
3.2
Mobile App
iOS, Android
3.6
WIN
3.1
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsAdmiralsWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotAdmirals
XAU/USD (Gold)$0.14 typical$0.12 typicalAdmirals
GBP/USD avg spread0.29 pips0.23 pipsAdmirals
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsAdmirals
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$1Admirals

For Brunei traders, trading costs are a key differentiator. IC Markets offers spreads from 0.0 pips on its Raw Spread account with a $7 round-turn commission. Admirals' Zero account starts at 0.6 pips with a similar commission structure. On a standard lot trade of EUR/USD, IC Markets saves approximately $5 per round turn compared to Admirals. For high-volume Brunei traders, this adds up significantly over a month. Both brokers also offer commission-free options, but those have wider spreads. Overall, IC Markets is the more cost-effective choice for Brunei retail traders.

📂

Account Types Comparison

Account TypeIC MarketsAdmirals
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$200$1
⚖️

Leverage Comparison - Brunei Traders

Entity / AssetIC MarketsAdmirals
Brunei (offshore)Up to 1:5000Up to 1:500
Forex major pairs1:50001:500
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Brunei Traders
Traders in Brunei typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsAdmiralsWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs1,700+Admirals
ETFsTie
🖥️

Platforms Comparison

PlatformIC MarketsAdmirals
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Both brokers provide MetaTrader 4 and MetaTrader 5, which are popular among Brunei traders for their reliability and custom indicators. IC Markets additionally offers cTrader, a platform favored by scalpers for its advanced order management and depth of market. Admirals provides its proprietary WebTrader and access to TradingCentral analysis tools. For Brunei traders who value algorithmic trading, IC Markets' support for cTrader and FIX API gives it an edge. Both platforms are available on desktop, web, and mobile, ensuring seamless trading from Brunei.

Execution Quality - Speed & Slippage

FactorIC MarketsAdmiralsWinner
Execution modelECN/STPTrue ECNAdmirals
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

IC Markets boasts an average execution speed of under 40 milliseconds, making it ideal for Brunei scalpers and high-frequency traders. Admirals offers execution speeds around 100 milliseconds, which is still competitive but slower. IC Markets uses Equinix NY4 data centers for low-latency trading, while Admirals relies on multiple servers globally. For Brunei traders who prioritize speed, IC Markets is the clear winner. Both brokers offer no requotes and minimal slippage under normal market conditions.

🛡️

Regulation & Safety for Brunei Traders

Safety FactorIC MarketsAdmirals
Primary regulatorASICFCA
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), while Admirals is regulated by the UK Financial Conduct Authority (FCA) and CySEC. For Brunei traders, neither broker is directly supervised by the local financial regulator, but both adhere to international standards that offer client fund segregation and negative balance protection. Brunei traders should verify that their chosen broker accepts Brunei residents and provides clear terms. Both brokers have a solid reputation globally, which offers peace of mind for Brunei clients.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Brunei traders may differ by entity.
💳

Deposits & Withdrawals for Brunei

Payment MethodIC MarketsAdmirals
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 dayse-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days.

Brunei traders can fund their accounts at both IC Markets and Admirals using Bank Transfer, Skrill, Neteller, and USDT. IC Markets also accepts credit/debit cards and PayPal, while Admirals adds UnionPay. Minimum deposits are $200 for both brokers. Deposits via e-wallets and USDT are processed instantly, while bank transfers take 1-3 business days. Withdrawals are free at both brokers, with e-wallets and USDT typically processed within 24 hours. Brunei traders should note that USDT deposits may incur network fees. Both brokers support multi-currency accounts, making it easy to manage funds in USD or other major currencies.

☪️

Islamic Accounts - Swap-Free for Brunei Muslims

Islamic Account FeatureIC MarketsAdmirals
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both IC Markets and Admirals offer Islamic (swap-free) accounts for Brunei Muslim traders. These accounts comply with Sharia law by not charging or paying overnight swap fees. IC Markets requires traders to request an Islamic account after registration, and it is available for all account types. Admirals offers Islamic accounts automatically upon request, with no restrictions on trading styles. For Brunei traders who trade long-term positions, these accounts are essential to avoid interest charges. Both brokers maintain transparency in their swap-free policies, ensuring no hidden costs.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsAdmiralsWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with fast response times. Admirals provides support during market hours via live chat and email, with a dedicated account manager for VIP clients. For Brunei traders, IC Markets' round-the-clock support is advantageous given the time zone difference. Both brokers offer support in English, and Admirals additionally provides support in multiple languages. Overall, IC Markets leads in availability and speed.

📱

Mobile App Comparison

Mobile FeatureIC MarketsAdmiralsWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceIC MarketsAdmiralsWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)MonthlyTie
Economic calendarTie
Market analysisDailyBasicIC Markets

Real User Reviews - Trustpilot

T
IC Markets
★★★★★
54.4K
54,430 verified reviews
View on Trustpilot
T
Admirals
★★★★★
2.2K
2,160 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

Admirals

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Brunei Guide

Choose IC Markets if you...

  • Want the lowest spreads and commissions for active trading
  • Prefer fast execution for scalping or algorithmic strategies
  • Need 24/7 customer support due to Brunei time zone
  • Use Skrill, Neteller, or USDT for deposits and withdrawals

Choose Admirals if you...

  • Value educational resources and market analysis tools
  • Prefer a broker with FCA regulation for added security
  • Need a proprietary platform with integrated analysis
  • Trade a wider range of instruments including stocks and ETFs

FAQ - IC Markets vs Admirals in Brunei

Is IC Markets or Admirals better for Brunei? +
Can Brunei traders use both brokers legally? +
Which broker has lower spreads for Brunei traders? +
How do Brunei traders deposit at IC Markets and Admirals? +
Do both brokers offer Islamic accounts for Brunei? +

Final Verdict - Brunei 2026

IC Markets wins overall

For Brunei traders, IC Markets is the stronger choice overall, thanks to its lower trading costs, faster execution, and higher Trustpilot rating. Its support for local payment methods like Bank Transfer, Skrill, Neteller, and USDT makes deposits and withdrawals seamless. While Admirals offers excellent educational content and FCA regulation, its higher spreads and slower execution make it less appealing for active Brunei traders. Both brokers are reliable and accept Brunei clients, but IC Markets aligns better with the needs of retail traders in Brunei who prioritize cost efficiency and speed. Always check with the local financial regulator for any updates on broker acceptability.

Open IC MarketsOpen Admirals
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
Find Your Best Broker
Compare all brokers for Brunei traders based on your trading style.
Compare All Brokers
Score Summary
IC Markets Winner3.6/5
Admirals 3.1/5
Similar Comparisons
Ic Markets Vs ExnessAdmirals Vs ExnessIc Markets Vs Xm GroupAdmirals Vs Fp MarketsPepperstone Vs AvatradeIc Markets Vs Fp Markets
Best Brokers in Brunei
Best Forex BrokersBest Gold CFD BrokersLowest Spread BrokersBest Demo Account
Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.