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 and Admirals are both reputable online brokers, each bringing unique strengths to the table. Founded in 2007, eToro is recognized for holding three Tier-1 licenses, and it has earned a Trust Score of 93 from ForexBrokers.com, placing it in the highly trusted category. Despite not being publicly traded or a bank, eToro offers a secure platform for investors worldwide looking for a reliable brokerage. Admirals, which was established in 2001, also boasts a Trust Score of 93, supported by its four Tier-1 and three Tier-2 licenses. Like eToro, Admirals is neither publicly traded nor a bank, yet it remains a trusted choice among traders for its solid regulatory standing.
| Feature |
eToro
|
Admirals
|
|---|---|---|
| Year Founded | 2007 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 4 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing online brokers eToro and Admirals, a key focus is their commissions and fees. eToro, a market-maker broker, offers a typical variable spread of 1 pip on the EUR/USD, which is somewhat higher than the industry norm. Traders may not be drawn to eToro for its fees; instead, many opt in for eToro’s unique social copy trading features. For those seeking additional perks, eToro provides a VIP program called eToro Club, with membership tiers ranging from Silver to Diamond. These tiers offer benefits like access to Trading Central, reduced fees, and dedicated account managers for traders maintaining balances between $5,000 and $250,000.
In comparison, Admirals stands out with competitive pricing, offering typical spreads of 0.8 pips on its Trade account, which is similarly priced to its Zero account type. This makes Admirals a compelling choice for those primarily concerned with cost-effective trading. The broker's pricing structure helps attract traders looking for lower spreads without needing a VIP program to access competitive rates.
Both eToro and Admirals receive a commendable rating of 4.5 stars out of five for their commissions and fees. However, according to ForexBrokers.com, Admirals ranks slightly higher at #17 out of 62 brokers, while eToro comes in at #22. This ranking difference suggests that while both brokers are highly rated, Admirals may be the preferred option for those prioritizing lower fees.
| 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 exploring the variety of investment options available through online brokers, eToro and Admirals both come forward as compelling choices, offering a comprehensive range of trading opportunities. eToro provides access to over 5,400 tradable symbols, including 55 forex pairs, whereas Admirals boasts a larger selection with 8,702 tradable symbols and 82 forex pairs. Both platforms accommodate trading in forex through CFDs and spot contracts and provide access to U.S. and international exchange-traded securities, enabling investors to purchase popular stocks like Apple and Vodafone. Furthermore, eToro and Admirals support cryptocurrency derivatives, but eToro extends its offerings by allowing the purchase of actual cryptocurrencies, enhancing its versatility as a trading platform.
Both brokers offer copy trading features, allowing users to mimic the trades of experienced investors, which adds to their user-friendly appeal. Despite eToro's slightly narrower scope of tradable symbols compared to Admirals, it garners a perfect 5-star rating for its range of investments, while Admirals is rated close behind at 4.5 stars. According to ForexBrokers.com, eToro is ranked as the 10th best broker among 62 in terms of investment range, which supersedes Admirals' ranking at 19th place. This comparative evaluation highlights eToro's edge in providing a broader array of investment choices, particularly in cryptocurrencies, thereby appealing to a wider spectrum of investors.
| 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 offer user-friendly trading platforms with distinct features. eToro stands out with its innovative, in-house developed platform, while Admirals combines its proprietary platform with popular third-party options like MetaTrader 4 and 5. Both brokers provide web-based platforms, but only Admirals offers a Windows-based desktop download. Each company supports simulated trading through free virtual demo accounts, allowing traders to practice without risk. Copy trading is available on both platforms, enabling users to mimic successful strategies from other traders. Although neither supports DupliTrade or ZuluTrade, they offer different functionalities to cater to diverse trading preferences.
When it comes to charting tools, eToro exceeds expectations with 161 drawing tools, while Admirals offers a respectable 106. However, Admirals allows for more interactive chart analysis, giving users the ability to trade directly from stock charts, a feature not available on eToro. For watchlist management, eToro provides six fields compared to Admirals' seven. In terms of performance, eToro edges ahead with a 4.5-star rating and an impressive 8th place ranking out of 62 brokers for Trading Platforms and Tools, as per ForexBrokers.com. Admirals, though strong in its own right with a 4-star rating, holds the 19th spot, showcasing both brokers as formidable options for traders.
| 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 provide convenient options for iPhone and Android users. Both apps include useful features like stock and forex price alerts and the ability to create real-time watchlists. However, eToro takes an edge with a seamless watchlist symbol syncing feature, enhancing user experience by ensuring that watchlist changes are mirrored between mobile and online accounts. In contrast, Admirals lacks this syncing capability.
Charting capabilities reveal further differences. eToro offers 104 technical studies, giving traders broader analytical options on-the-go, whereas Admirals provides 30. While Admirals allows drawing trendlines and auto-saves these drawings, eToro misses out on these specific functionalities. Yet, both platforms support viewing multiple time frames. eToro's overall mobile app experience has been rated at 4.5 out of 5 stars and is ranked 10th out of 62 brokers by ForexBrokers.com, reflecting slightly higher user satisfaction compared to Admirals, which holds a 4-star rating and a 23rd spot in the rankings.
| 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 comparing eToro and Admirals for market research, both broker platforms offer a comprehensive array of tools and insights, catering to the needs of traders. eToro provides daily market commentary and incorporates powerful analysis tools from Trading Central, which includes Technical Analytics, enhancing traders' decision-making processes. Additionally, eToro offers sentiment-based trading tools for understanding market positions and benefits from TipRanks for thorough market insights. Users can also access an economic calendar to stay updated with global news events, making it a well-rounded choice for many investors. Despite not having forex news from top-tier sources or tools from Autochartist and Acuity Trading, eToro earns a commendable research rating of 4.5 stars and ranks 13th among 62 brokers by ForexBrokers.com.
Admirals also presents a strong market research platform with daily market commentary, access to forex news from respected sources like Bloomberg and Reuters, and Trading Central's Technical Analytics tools. Admirals goes further by providing research tools from Acuity Trading, such as the Signal Centre, which can be crucial for in-depth analysis and prediction. This broker, like eToro, supports traders with sentiment analysis tools and features an economic calendar for tracking international economic events. While these offerings make Admirals a solid choice, it receives a slightly lower research rating of 4 stars and holds a rank of 15th in the research category from ForexBrokers.com, which may impact the preference of traders seeking comprehensive news coverage and advanced research options.
| 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 comparing educational resources for beginners between eToro and Admirals, both online brokers provide extensive materials to get new traders started. Both platforms meet the essential requirement of offering at least 10 educational pieces focused on forex or CFDs, which include articles, videos, and archived webinars. New traders will appreciate the steady flow of knowledge through monthly online webinars provided by both eToro and Admirals, as well as access to an easily searchable archive of previous sessions. Additionally, each broker offers a wide array of educational videos tailored for beginners, ensuring that newcomers to trading can find pertinent information to guide their journey.
While both eToro and Admirals provide top-notch resources for beginner and advanced traders alike, eToro has a slight edge in educational offerings. This is reflected in its higher educational rating of 4.5 stars compared to Admirals' 4 stars. eToro also ranks higher in the Education category, securing the 5th spot out of 62 brokers on ForexBrokers.com, compared to Admirals’ 12th position. Both platforms ensure that users can easily navigate through complex trading concepts with investor dictionaries featuring over 50 investing terms, contributing to their comprehensive educational support. These features make both brokers excellent choices for beginner traders, with eToro standing out for those seeking slightly higher-rated educational value.
| 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 62 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 | 93 | 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 | 93 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | Admirals Review |
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| Regulation | eToro | Admirals | |
|---|---|---|---|
| Trust Score | 93 | 93 | |
| Year Founded | 2007 | 2001 | |
| Publicly Traded (Listed) | No | 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 | 93 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | Admirals Review |
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