Written by ForexBrokers.com
In this head to head comparison of eToro vs Admirals, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro, established in 2007, and Admirals, founded in 2001, are two prominent online brokers. One notable difference is that eToro is publicly traded, offering greater transparency, while Admirals remains privately held. Neither eToro nor Admirals operate as a bank, focusing instead on their brokerage services. When it comes to trust and regulation, eToro holds three Tier-1 licenses and one Tier-2 license, earning a Trust Score of 96 out of 99, indicating a high level of trust. Admirals, on the other hand, boasts four Tier-1 licenses and three Tier-2 licenses, granting it a Trust Score of 93, also placing it in the highly trusted category.
Both brokers demonstrate a strong commitment to client trust. eToro's public listing and its impressive Trust Score reflect its dedication to maintaining transparency and reliability. Admirals' multiple regulatory licenses underscore its solid regulatory standing. Overall, both brokers are well-regarded, providing clients with a high level of assurance in their trading platforms and services.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Year Founded | 2007 | 2001 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 4 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
In the competitive world of online trading, both eToro and Admirals offer distinct advantages and disadvantages when it comes to commissions and fees. eToro, a market-maker broker, typically lists a variable spread of 1 pip on the EUR/USD pair, which is slightly above the industry average. Retail traders are primarily drawn to eToro not for its competitive spreads but for its innovative social copy trading platform. Additionally, eToro provides a VIP membership program called the eToro Club, which includes five levels ranging from Silver to Diamond, offering benefits such as access to Trading Central, reduced withdrawal and deposit fees, and dedicated account management.
On the other hand, Admirals is known for its more competitive pricing structure, featuring typical spreads of 0.8 on their Trade account, with similar competitive pricing available on the Zero account type. This makes Admirals a compelling option for those focusing on minimizing transaction costs while trading.
When evaluated by ForexBrokers.com, both eToro and Admirals receive a high rating of 4.5 stars out of 5 for their commissions and fees. However, when ranked among 63 brokers, Admirals edges out eToro, securing the 17th spot compared to eToro’s 22nd position. This suggests that while both brokers are highly rated, Admirals may offer slightly better value in terms of pricing for some traders.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average Spread EUR/USD - Standard | 1 | 0.8 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing eToro and Admirals for their investment offerings, both platforms provide a comprehensive selection for traders. eToro offers an impressive 5,461 tradeable symbols, which include 55 forex pairs. Admirals, however, surpasses eToro with 8,702 tradeable symbols, featuring 82 forex pairs. Both platforms support trading in exchange-traded securities on U.S. and international exchanges, meaning investors can easily access popular stocks like Apple and Vodafone on either platform. Both eToro and Admirals offer the convenience of copy trading, allowing users to mimic the investment strategies of successful investors. Furthermore, while both brokerages support the purchase of cryptocurrency derivatives, only eToro provides the option to buy actual cryptocurrencies, granting investors direct ownership rather than just CFDs.
eToro and Admirals are highly regarded in terms of their investment range, though there are differences in their ratings and rankings. eToro boasts a five-star rating for its range of investments and holds the 10th position out of 63 brokers evaluated by ForexBrokers.com. Admirals follows closely with a commendable 4.5-star rating in the same category, ranking 19th on the list. Despite the disparity in their rankings, both platforms offer extensive investment opportunities, catering to diverse trader preferences, while each possessing unique strengths that appeal to different investor needs.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 8702 |
| Forex Pairs (Total) | 55 | 82 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
eToro and Admirals both cater to traders seeking diverse tools and platforms, but they excel in different areas. Both brokers offer simulated trading accounts for those eager to practice without financial risk. Additionally, both have in-house developed proprietary platforms and web-based platforms accessible via a browser, offering flexible trading experiences. However, while eToro lacks a Windows-based desktop platform, Admirals steps ahead with their offering, as well as support for the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are absent on eToro.
When it comes to specific features, eToro shines with its extensive selection of 161 drawing tools for charting, compared to Admirals' 106. Nevertheless, Admirals offers the added advantage of trading directly from stock charts and an extra column for watch lists. Both platforms provide copy trading capabilities but do not support DupliTrade or ZuluTrade. Despite these differences, eToro holds a higher rating of 4.5 stars for trading platforms and tools, ranking 8th out of 63 brokers, while Admirals follows with a still impressive 4-star rating and a 19th place rank by ForexBrokers.com.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 30 |
| Charting - Drawing Tools (Total) | 161 | 106 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of eToro and Admirals, both platforms support iPhone and Android devices and provide stock or forex price alerts. eToro stands out with its seamless watchlist symbol syncing, allowing users to effortlessly manage their investments between devices, a feature Admirals lacks. In terms of technical analysis, eToro offers an impressive 104 technical studies for charting, significantly outpacing Admirals' 30 studies. Although Admirals allows for drawing trendlines and automatically saves drawings on stock or forex charts, eToro does not offer these features. Both apps let users view different time frames for chart analysis and create watchlists with real-time quotes.
When it comes to ratings, eToro scores a commendable 4.5 out of 5 stars for its mobile trading app, positioning it at the 10th spot among 63 brokers according to ForexBrokers.com. Admirals follows with a rating of 4 stars, settling at the 23rd position. With its wider range of technical study options and higher user rating, eToro provides a more comprehensive mobile trading experience, though Admirals offers some unique features like trendline drawing and auto-saving capabilities that may appeal to certain users.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to daily market commentary, both eToro and Admirals stand out by offering insights into market developments. However, if you're looking for forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Admirals has the edge over eToro, which does not provide this feature. Both brokers are equally matched with tools from Trading Central, including technical analytics, and they offer sentiment-based trading tools that provide a good overview of market positions. Admirals enhances its market research offerings with tools from Acuity Trading, like Signal Centre, a feature missing from eToro's toolset.
eToro holds a slight lead in terms of research, earning a 4.5-star rating compared to Admirals' 4-star rating. In terms of broker ranking by ForexBrokers.com, eToro is positioned at #13, making it slightly more favored than Admirals, which is ranked at #15 among 63 brokers. Despite these differences, both platforms offer comprehensive economic calendars to keep traders informed about global news events. This allows traders to stay updated and make informed decisions based on current and upcoming global developments.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | Yes |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When diving into the world of online trading, the educational resources available are crucial for beginners. Both eToro and Admirals offer extensive educational content, ensuring new traders have access to a wealth of information. eToro and Admirals each provide a minimum of 10 educational pieces focused on forex or CFDs, giving aspiring traders the resources needed to hone their skills. They both host regular webinars—at least once a month—designed to further support client learning. In addition, eToro and Admirals provide access to a searchable archive of recorded webinars, ensuring that learning opportunities are always accessible.
For those just starting, both platforms offer at least 10 beginner-friendly educational videos, with eToro going a step further by providing 10 videos targeted at more advanced trading strategies as well. Furthermore, each broker features an investor dictionary containing definitions for over 50 investing terms, making them excellent choices for enhancing one's trading vocabulary. However, when we look at ratings, eToro slightly edges out Admirals with a 4.5-star rating compared to 4 stars. This might be reflected in their standings on ForexBrokers.com, where eToro is ranked 5th for education among 63 brokers, while Admirals takes the 12th spot. This information suggests that while both platforms excel in educational offerings, eToro may have a slight advantage for those prioritizing comprehensive learning tools.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Admirals. eToro finished with an overall rank of #9, while Admirals finished with an overall rank of #18.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 93 |
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eToro allows users to purchase both actual delivered cryptocurrencies and cryptocurrency derivatives, whereas Admirals only supports the buying of cryptocurrency derivatives.
Both eToro and Admirals provide extensive options to deposit or withdraw account funds, including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, ensuring flexibility and accessibility for their users.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | Admirals | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | Admirals Review |
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| Regulation | eToro | Admirals | |
|---|---|---|---|
| Trust Score | 96 | 93 | |
| Year Founded | 2007 | 2001 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 4 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Admirals | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | Admirals | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | eToro | Admirals | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 8702 | |
| Forex Pairs (Total) | 55 | 82 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Admirals | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 0.8 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Admirals | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | eToro | Admirals | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | Admirals | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 104 | 30 | |
| Charting - Drawing Tools (Total) | 161 | 106 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Admirals | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Admirals | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | Yes | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Admirals | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | Admirals | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | eToro Review | Admirals Review |
| Overall | eToro | Admirals | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | Admirals Review |
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