eToro vs Admiral Markets Review
Is Admiral Markets better than eToro? After scoring forex brokers on nearly 100 different variables, eToro is better than Admiral Markets.
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. Both Admiral Markets and eToro share a rating of 3.50 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Admiral Markets and eToro both are regulated in a major hub. Neither Admiral Markets and eToro are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Admiral Markets offers its clients access to 55 different currency pairs while eToro has 47 available pairs, a difference of 8.
To round out our comparison of Admiral Markets vs eToro, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Admiral Markets makes Meta Trader available to clients, while eToro does not. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. eToro trails Admiral Markets by 17 total charting tools, with Admiral Markets offering 31 and eToro offering 14. Admiral Markets trails eToro by 16 total different indicators (for example, moving averages), with eToro offering 67 and Admiral Markets offering 51.
Admiral Markets Review
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.