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Admiral Markets vs eToro
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Compare Admiral Markets vs eToro Side by Side
Unsure whether to choose Admiral Markets vs eToro and wonder which broker suits your needs more? Read our detailed comparison guide of Admiral Markets and eToro Review, which includes a comparison of the safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.
Summary
| Feature | Admiral Markets | eToro |
|---|---|---|
| Website | //admiralmarkets.com | //www.etoro.com |
| Founded year | 2001 | 2006 |
| Headquarter | UK | Israel |
| Licenses | UK, Estonia, Cyprus, Australia, Canada, Jordan, South Africa | UK, Australia, Cyprus, Seychelles |
| Minimum Deposit | US$ 100 | 50 US$ |
| Trading Platforms | MT4, MT5 | eToro platform |
| Eurusd avg Spread | 0.6 pips | 0.97 pip |
Licenses
| Feature | Admiral Markets | eToro |
|---|---|---|
| Licenses Countries Info (short) |
|
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Both Admiral Markets vs eToro are reputable brokerage firms regulated by well-established financial authorities, guaranteeing a secure and fair trading environment. These regulations encompass oversight from entities in the UK, Australia, and various international jurisdictions, ensuring their ability to provide services globally. The main advantage is that Etoro is eligible to provide its services in the US
Broker Types
| Feature | Admiral Markets | eToro |
|---|---|---|
| Broker types |
|
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eToro is a Market Maker Broker facilitating trading by acting as the counterparty to its clients’ trades, while Admiral Markets is an STP Broker which means it routes traders’ orders directly to liquidity providers without intervening as a counterparty. This typically results in faster execution and potentially lower spreads, making it a favored choice for traders who prefer direct market access
Trading Conditions
| Feature | Admiral Markets | eToro |
|---|---|---|
| Trading Conditions |
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Both brokers support a range of trading strategies, including hedging and social trading. However, eToro places restrictions on scalping, so traders who favor this strategy may find Admiral Markets to be a more suitable option.
Fees & Commissions
| Fees & Commissions | Admiral Markets | eToro |
|---|---|---|
| Inactivity Feemonth | €10 | $10 |
| Deposit fee | $0 | 0$ |
| Withdrawal fee | $0 | 5$ |
| Rollover fee eurusd buy 1 lot | 1.06353 | -0.00008269 |
| Rollover fee eurusd sell 1 lot | 1.06347 | 0.00001841 |
| Avg Eurusd standard acc | 0.6 pips | 0.97 pip |
| Gold | 17 cents | 4.5 |
| Brent oil | 3 pips | 5 |
| Bitcoin | 50 | 102.71 |
The fee structures for both Admiral Markets vs eToro closely resemble each other. Both brokers offer competitive fee arrangements with low spreads and no commissions. Additionally, both impose non-trading fees. Admiral Markets applies a $10 inactivity fee, while eToro levies both inactivity and withdrawal fees.
Account Types
| Feature | Admiral Markets | eToro |
|---|---|---|
| Account types |
|
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Admiral Markets vs eToro provide standard accounts along with options tailored to corporate requirements. Also, both brokers offer Islamic accounts allowing traders who adhere to Sharia principles to trade currencies on their platform.
Markets & Instruments
| Markets & Instruments | Admiral Markets | eToro |
|---|---|---|
| Forex | 80 | 52 |
| Indices | ✔️ | 21 |
| Commodities | 29 | 32 |
| Cryptocurrencies | 20+ | 74 |
| Shares | ✔️ | 3203 |
| Bonds | 2 | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ✔️ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | 240 | 325 |
Market offerings for Admiral Markets is more diverse and the instrument number is way larger than that of eToro. Additionally, Admiral Markets offers Spread Betting to its UK clients. While eToro is more advantageous for crypto traders as it offers a larger variety of cryptocurrencies than Admiral Markets
Trading Platforms
| Feature | Admiral Markets | eToro |
|---|---|---|
| Platforms |
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Admiral Markets offers a broader selection of platforms, including MT4, MT5. In contrast, eToro offers only its beginner-friendly proprietary platform with much fewer tools and quite of very basic functions. For advanced traders, Admiral Markets is definitelly the recommended choice.
Deposit & Withdrawal Methods
| Feature | Admiral Markets | eToro |
|---|---|---|
| Payment methods |
|
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Both Admiral Markets and eToro facilitate transactions through credit/debit card transfers and bank transfers. However, eToro stands out by providing a wide selection of e-wallet options.
Others
| Feature | Admiral Markets | eToro |
|---|---|---|
| Others |
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Both Admiral Markets and eToro stand out for their top-notch customer support channels, including telephone, live chat, and email assistance, with Admiral Markets providing support 24/7. In terms of educational resources, our evaluation underscores Admiral Markets strong offering. In contrast, eToro’s educational content primarily caters to novice traders. Additionally, Admiral Markets boasts more advanced and sophisticated research tools for traders seeking in-depth market insights.
Conclusion on eToro vs Admiral Markets
In conclusion of Admiral Markets vs eToro comparison Review, Admiral Markets is ideal for advanced traders with its advanced tools and scalping options, while eToro stands out for its wide range of instruments, particularly in cryptocurrencies, and competitive spreads, making it a solid choice for diverse traders. Here is our final recommendation:
- Admiral Markets — 🥇Best Broker for Autotrading that helps traders to improve their own trading strategies.
- eToro — 🥇Best Broker for Crypto CFD Trading for a number of top traders and Best Industry Social Trading Broker
