Brokers Profile
Reviewed by Experts Updated 10/9/2026

Admiral Markets vs RHB Securities: Which Broker Wins in 2026?

Admiral Markets and RHB Securities serve very different types of investors, but only one delivers the stronger all-round package. Our research gives Admiral Markets a 3.8/5 rating versus RHB Securities's 3.3/5, driven by deeper regulation and broader market access.

OVERALL WINNER
AM

Admiral Markets

3.8 / 5Score: 2 / 4

Tier-1 regulated multi-asset trading with leverage up to 1:500 and institutional-grade platforms.

Min deposit
$100
Max leverage
1:500
Spread from
0 pips
Regulators
FCA, CySEC, ASIC
RS

RHB Securities

3.3 / 5Score: 2 / 4

A zero minimum deposit gateway into Malaysian and regional equities markets.

Min deposit
$0
Max leverage
1:2
Spread from
0 pips
Regulators
SC Malaysia, MAS
Overall Winner
Admiral Markets
Best for Beginners
RHB Securities
Lowest Fees
Admiral Markets
Top Regulation
Admiral Markets

Side-by-side comparison

Core features compared head-to-head.

Feature
AM
Admiral Markets
RS
RHB Securities
Overview
Rating3.8 / 53.3 / 5
Founded20011994
HeadquartersTallinn, EstoniaKuala Lumpur, Malaysia
RegulationFCA, CySEC, ASICSC Malaysia, MAS
Fees & Limits
Min Deposit$100$0
Spreads From0 pips0 pips
Commission$3/lot$0.1/lot
Max Leverage1:5001:2
Platforms & Markets
Trading PlatformsMT4, MT5, Proprietary WebRHB TradeSmart, RHB Mobile
Markets OfferedForex, Cfd, Stocks, Indices, Commodities, CryptoStocks, Etf, Bonds, Funds

Trading & non-trading fees

Min Deposit

Admiral Markets

$100

RHB Securities

$0

Spreads From

Admiral Markets

0 pips

RHB Securities

0 pips

Commission

Admiral Markets

$3/lot

RHB Securities

$0.1/lot

Deposit Fees

Admiral Markets

None

RHB Securities

None

Withdrawal Fees

Admiral Markets

None

RHB Securities

None

Pros & cons

AM

Admiral Markets

Pros

  • Higher overall rating of 3.8/5 in our independent research
  • Regulated by three credible authorities including the FCA and ASIC
  • Leverage up to 1:500 suits active and experienced traders
  • Access to six distinct market categories for diversification
  • Supports industry-standard MT4 and MT5 platforms
  • No fees on deposits or withdrawals
  • Long operating history dating back to 2001

Cons

  • Higher minimum deposit of $100 compared to RHB Securities
  • Commission of $3/lot may add up for high-frequency traders
  • High leverage carries elevated risk for inexperienced traders
  • Proprietary platform less familiar to pure equities investors
RS

RHB Securities

Pros

  • No minimum deposit required to open an account
  • Low commission structure at $0.1 per lot
  • Regulated by SC Malaysia and MAS
  • Long-established broker with roots dating back to 1994
  • Straightforward platforms suited to equities investors
  • No fees on deposits or withdrawals

Cons

  • Lower overall rating of 3.3/5 in our independent research
  • Leverage capped at just 1:2, limiting trading flexibility
  • Narrower market access with only four asset categories
  • Lacks tier-1 global regulatory licences like the FCA or ASIC
  • Platforms less suited to forex or CFD-style active trading

Our expert verdict

Editor's verdict

Overall winner Admiral Markets
Lowest fees Admiral Markets
Best regulation Admiral Markets
Better for beginners RHB Securities

Admiral Markets is our recommended pick overall, scoring 3.8/5 against RHB Securities's 3.3/5 in our independent rating. It wins on regulatory depth with FCA and ASIC licences, offers far higher leverage up to 1:500, and provides access to six asset classes compared to RHB Securities's four. RHB Securities still appeals strongly to cost-conscious beginners thanks to its $0 minimum deposit and long regional track record in Malaysia, but Admiral Markets delivers the stronger overall package for most active traders.

Regulation & Safety

Admiral Markets is regulated by three tier-1 and tier-2 authorities: the FCA, CySEC, and ASIC. This multi-jurisdictional oversight gives traders a stronger layer of protection, including segregated client funds and adherence to strict capital adequacy rules.

RHB Securities is regulated by the Securities Commission Malaysia and the Monetary Authority of Singapore, both credible regional regulators. However, neither carries the same global tier-1 weight as the FCA or ASIC.

For traders prioritizing regulatory depth and cross-border protections, Admiral Markets holds a clear structural advantage in this comparison.

Fees, Spreads & Commissions

Both brokers advertise spreads from 0 pips, making headline pricing competitive on paper. The real differentiator lies in commission structure and account minimums.

Admiral Markets charges a commission of $3 per lot, reflecting its forex and CFD-focused pricing model aimed at active traders. RHB Securities charges a lower $0.1 per lot, suited to its equities and funds-oriented client base.

Neither broker charges deposit or withdrawal fees, which is a welcome point of parity. Overall cost-effectiveness will depend heavily on your trading volume and preferred asset class.

Minimum Deposit & Accessibility

RHB Securities requires no minimum deposit at all, making it instantly accessible to beginners or those testing the waters with minimal capital.

Admiral Markets requires a $100 minimum deposit, a modest barrier that still remains approachable for most retail traders while funding a broader multi-asset account.

Budget-conscious newcomers may lean toward RHB Securities initially, though the capital gap is small enough that it rarely becomes a deciding factor for serious traders.

Trading Platforms & Tools

Admiral Markets supports the industry-standard MetaTrader 4 and MetaTrader 5 platforms, plus a proprietary web terminal, giving traders access to advanced charting, automated strategies, and a vast ecosystem of third-party tools.

RHB Securities offers RHB TradeSmart and RHB Mobile, platforms built specifically around Malaysian and regional equities trading with straightforward order execution.

Traders who value algorithmic trading, expert advisors, or cross-broker platform familiarity will find Admiral Markets's MT4/MT5 support significantly more flexible.

Market Access & Leverage

Admiral Markets offers access to six market categories: Forex, CFDs, Stocks, Indices, Commodities, and Crypto, alongside leverage up to 1:500 for eligible accounts.

RHB Securities focuses on four markets: Stocks, ETFs, Bonds, and Funds, with leverage capped at a conservative 1:2, consistent with its traditional brokerage model.

Active traders seeking diversified, leveraged exposure will find Admiral Markets far more versatile, while long-term investors in regional equities may prefer RHB Securities's simpler structure.

Our Verdict

Admiral Markets earns our higher overall rating of 3.8/5, driven by stronger regulation, wider market access, and more flexible trading platforms. It's the better fit for active forex and CFD traders who want tier-1 oversight and high leverage options.

RHB Securities, rated 3.3/5, remains a credible choice for beginners or cost-conscious investors focused on regional stocks and funds, especially given its $0 minimum deposit.

Ultimately, Admiral Markets delivers the stronger all-round package for most traders, while RHB Securities serves a narrower but still valuable niche.

Verdict summary

The bottom line — category winners and our final pick based on ratings.

Editor's verdict

Admiral Markets wins overall

Admiral Markets edges out RHB Securities overall based on our expert rating score.

AM

Highest Rated

Admiral Markets

3.8 / 5 / 5

Visit Admiral Markets

Category winners

  • Overall winner

    Based on overall expert rating (3.8/5).

    Admiral Markets
  • Better for beginners

    Stronger onboarding and educational resources.

    RHB Securities
  • Lower trading costs

    More competitive spreads and baseline commissions.

    Admiral Markets
  • Stronger regulation

    Higher trust based on tier-1 regulatory oversight.

    Admiral Markets

Frequently asked questions

Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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