Admirals vs eToro

If you are reading this article, you’re likely having trouble deciding whether Admirals or eToro is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Admirals vs eToro review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• Admirals vs eToro - Verdict

Feature and Platform	eToro (visit site)	Admirals (visit site)
Headquarter:	Cyprus	Cyprus
Regulation :	CySEC, FCA, ASIC	CySEC, FCA, ASIC, FSCS
Type of Broker:	Market Maker	Market Maker
U.S. Clients Allowed:
Minimum Deposit:	$200	$100
Maximum Leverage:	1:30	1:30 Retail, 1:500 Professional
Commissions / Spreads:	Spreads	Variable spreads, starting at 1 pips
Account 1:	Standard	Trade.MT4
Account 2:	Premium	Zero.MT4
Account 3:		Trade.MT5
Account 4:		Zero.MT5
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:	English	English Other
Support Hours:	24/5	24/5 (presumed)
E-mail Support:
SMS Support:
Chat:
Broker Offers:	See what eToro offers*74.00% of retail CFD accounts lose money	See what Admirals offers.

Features and Platforms

Admiral Markets, rebranding into Admirals, continues to build its financial services firm based on trust.Traders have an upgraded MT4 and MT5 trading platform, five trading accounts, more than 8,000 instruments, and excellent research and educational offerings. eToro belongs to the leading social trading platforms and took the top spot when it comes to cryptocurrencies. It does not provide advanced trading platforms and only deploys its below-average proprietary alternative. eToro does not generate quality value-added services and relies entirely on its growing community, which comes at a high cost to traders.

Available Markets

The asset selection at Admiral ranks among the best overall choices among all brokers. CFD traders get 50 currency pairs, 32 cryptocurrencies, 28 commodities, 3,344 equities, 377 ETFs, 43 indices, and two bonds. Investors have 4,506 shares and 185 ETFs available to build their investment portfolios. Traders at eToro get 49 currency pairs but 93 cryptocurrency pairs, which remains the best selection among online brokers. eToro also provides 31 commodities, 2,000+ equity CFDs, and 13 index CFDs. While eToro offers a competitive selection of trading instruments, Admirals remains notably superior and provides nearly four times as many choices.

Typical Spreads and Fees

Admirals extends its leadership position with the cost structure. The commission-free trading account shows a minimum mark-up of 0.5 pips, which equals $5 per 1.0 standard lot. eToro has double the cost at 1.0 pips or $10. Admirals also has a commission-based alternative with raw spreads of 0.0 pips for a fee of $6.00. eToro charges 0.09% for equity CFDs, just below the average 0.10% at Admirals, but with a higher mark-up on prices. Swap rates on leveraged overnight positions exist at both, but eToro also levies an internal withdrawal cost of $5.00 plus third-party charges.