HomeCompareIC Markets vs AdmiralsTurkmenistan
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Complete Head-to-Head Comparison · 2026

IC Markets vs Admirals: Comprehensive Comparison for Turkmenistan Traders (2026)

Which broker is better for Turkmenistan 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: Turkmenistan traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Turkmenistan 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 Turkmenistan 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

Turkmenistan retail traders seeking a reliable forex broker face a choice between IC Markets (rated 4.8/5) and Admirals (rated 4.1/5). Both brokers accept clients from Turkmenistan and support local payment methods including Bank Transfer, Skrill, Neteller, and USDT, making deposits and withdrawals convenient. With the local financial regulator overseeing compliance, traders need a broker that balances low costs, fast execution, and regulatory safety. IC Markets stands out with its superior Trustpilot score, tighter spreads from 0.0 pips, and raw spread account ideal for scalping. Admirals offers a comprehensive educational suite and a user-friendly interface but lags in cost efficiency. This comparison examines spreads, platforms, regulation, deposit/withdrawal methods, Islamic accounts, and support specifically for Turkmenistan traders to help you decide.

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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 Turkmenistan traders, trading costs are crucial, especially for those trading high volumes. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account with a commission of $7 per lot round turn (USD). Admirals' Zero account has spreads from 0.5 pips plus a commission of $3 per side per lot, making total costs higher. On a standard account, IC Markets spreads average 0.6 pips with no commission, while Admirals averages 1.2 pips. Over 100 lots per month, IC Markets saves Turkmenistan traders approximately $500–$1,000 in spread costs, depending on currency pairs. This cost advantage is significant for retail traders in Turkmenistan who trade frequently.

📂

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 - Turkmenistan Traders

Entity / AssetIC MarketsAdmirals
Turkmenistan (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 Turkmenistan Traders
Traders in Turkmenistan 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 offer the industry-standard MetaTrader 4 and MetaTrader 5, which are popular among Turkmenistan traders for their reliability and advanced charting tools. IC Markets also provides cTrader, a platform preferred for its depth of market and faster execution, ideal for scalping. Admirals offers its proprietary WebTrader and mobile apps, which are beginner-friendly but less customizable. For Turkmenistan traders with varying internet speeds, IC Markets' cTrader is lighter and performs better on slower connections. Admirals' platforms are more educational but may lag in execution speed. Overall, IC Markets provides more platform choices for technical traders.

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 offers ultra-fast execution with an average speed of 40 milliseconds and no requotes, thanks to its Equinix NY4 data center and raw spread model. Admirals has execution speeds of around 100 milliseconds with occasional requotes during volatile markets. For Turkmenistan traders engaged in scalping or high-frequency trading, IC Markets' execution quality is superior. Admirals is adequate for swing traders but not ideal for short-term strategies.

🛡️

Regulation & Safety for Turkmenistan 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), offering strong client fund segregation and negative balance protection. Admirals is regulated by the UK Financial Conduct Authority (FCA), CySEC, and the Estonian Financial Supervision Authority. For Turkmenistan traders, both brokers comply with local financial regulator requirements, but IC Markets' ASIC regulation is considered stricter. Admirals' FCA regulation provides up to £85,000 compensation under the Financial Services Compensation Scheme. Turkmenistan traders should note that while both are reputable, IC Markets' regulatory framework is more transparent for international clients.

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

Deposits & Withdrawals for Turkmenistan

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.

Turkmenistan traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both brokers. IC Markets has no deposit fees for Skrill, Neteller, and USDT, with minimum deposits of $200 (or equivalent in USDT). Bank Transfers are free but take 1-3 business days. Withdrawals to Skrill/Neteller are processed within 24 hours, while USDT withdrawals are instant. Admirals offers similar methods with a minimum deposit of $100 for Skrill/Neteller and $50 for USDT, but charges a 1% fee on Skrill/Neteller deposits. USDT deposits are free. Both brokers process withdrawals within 1-2 business days, but IC Markets has faster processing for e-wallets. For Turkmenistan traders, IC Markets is more cost-effective for frequent deposits.

☪️

Islamic Accounts - Swap-Free for Turkmenistan 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

For Muslim traders in Turkmenistan, both brokers offer Islamic (swap-free) accounts that comply with Sharia law by not charging or paying overnight interest. IC Markets provides swap-free accounts on all account types (Standard, Raw Spread, and cTrader) with no additional fees, making it ideal for long-term holding. Admirals offers Islamic accounts on its Trade.MT4 and Trade.MT5 platforms but charges a small administrative fee of $5 per lot after 30 days of holding. For Turkmenistan traders who hold positions overnight frequently, IC Markets' no-fee Islamic account is more advantageous. Both brokers require a simple request via support to activate the swap-free status.

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 multilingual customer support via live chat, email, and phone, with quick response times (under 30 seconds for chat). Admirals provides support 24/5 via live chat, email, and phone, with a dedicated team for Turkmenistan traders. While both are responsive, IC Markets' 24/7 availability is beneficial for Turkmenistan traders in different time zones. Admirals' support is more educational but slower on weekends. For urgent issues, IC Markets is more reliable.

📱

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? - Turkmenistan Guide

Choose IC Markets if you...

  • Trade high volumes and need the lowest spreads from 0.0 pips.
  • Prefer fast execution for scalping or day trading.
  • Want to deposit via USDT or Skrill with no fees.
  • Need a swap-free Islamic account with no extra charges.

Choose Admirals if you...

  • Are a beginner trader seeking extensive educational resources.
  • Prefer a regulated broker with FCA protection up to £85,000.
  • Trade less frequently and prioritize platform simplicity.
  • Want a lower minimum deposit ($100) for Skrill/Neteller.

FAQ - IC Markets vs Admirals in Turkmenistan

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

Final Verdict - Turkmenistan 2026

IC Markets wins overall

For Turkmenistan retail traders, IC Markets is the stronger choice overall due to its 4.8/5 rating, tighter spreads, faster execution, and no-fee deposits via Bank Transfer, Skrill, Neteller, and USDT. Its Islamic account and 24/7 support cater well to local needs. Admirals is a solid alternative for beginners who value education and FCA regulation, but its higher costs and slower execution make it less competitive for active traders. Considering local factors like the local financial regulator oversight and the popularity of USDT, IC Markets provides better value and flexibility for Turkmenistan traders in 2026.

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.
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Score Summary
IC Markets Winner3.6/5
Admirals 3.1/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.