Admiralsvs
eToroForex Broker Comparison
In this comparison, Admirals and eToro contend on regulation, costs, and platform ecosystems. The axis of tension centers on raw spreads and the choice between MT4/MT5 versus a proprietary platform.
Our Verdict
Too close to call0.1 pts apart
Admirals and eToro are closely matched overall. The clearest differentiator is Admirals' MT4/MT5 and raw spreads, while eToro relies on a proprietary platform with no raw spreads.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1MT4/MT5 availability contrasts with eToro's proprietary platform.
- 2Admirals offers raw spreads; eToro has no raw spreads.
- 3Number of instruments: Admirals around 8000 vs eToro around 3000.
Who should choose Admirals vs eToro?
Find out which broker best suits your trader profile.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Admirals offers tighter spreads from 0.50 pips vs 1.00 pips for eToro, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Admirals vs eToro: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Admirals vs eToro Forex Broker Pros & Cons
Pros
Extensive range of accounts including Zero, Trade, and Invest
Strong FCA and CySEC regulation covering EU and UK traders
High-quality educational content including live webinars
Zero account offers spreads from 0.5 pips with $6 round-turn commission
Client funds held in segregated accounts
Admirals vs eToro: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
Admirals
criteria wins
1
eToro
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Admirals | eToro |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Fail |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Admirals vs eToro: Frequently Asked Questions
The scores are close: Admirals rates 4.3/5 and eToro rates 4.2/5. Admirals has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Admirals starts from 0.5 pips, tighter than eToro's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
eToro has $50, while Admirals requires at least $100. This makes eToro more accessible for traders with limited starting capital.
Both Admirals and eToro hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: eToro requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Admirals lists maximum leverage of 500:1, while eToro lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Admirals charges $6 per lot on commission-based accounts. Commission details for eToro are not currently available. Check their website for up-to-date pricing.
Admirals supports MetaTrader 5, MetaTrader 4, while eToro supports Proprietary Web/Mobile. Admirals has exclusive access to MetaTrader 5 and MetaTrader 4. eToro has exclusive access to Proprietary Web/Mobile.
