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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #13 · Founded 2001
Admirals is a well-regarded forex and CFD broker offering broad market access, user-friendly platforms, and integrated research and education. It provides a range of account options and risk management tools under established…
Read the Admirals review
Trust rank #8 · Founded 2007
eToro is a well‐regarded forex broker and multi‐asset platform offering broad access to currency markets via web and mobile trading. It provides social trading features, research, and education within an integrated interface…
Read the eToro reviewAdmirals (Estonia, founded 2001) holds 5 regulatory licences (ASIC, CySEC, FCA, FSCA, JSC), 2 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. eToro (Israel, founded 2007) holds 3 regulatory licences (ASIC, CySEC, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 213 countries; Admirals is available in 15 countries where eToro is not, and eToro in 4 where Admirals is not.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Admirals | eToro |
|---|---|---|
| Trust rank | #13 | #8 |
| Founded | 2001 | 2007 |
| Headquarters | Estonia | Israel |
| Regulators | ASIC, CySEC, FCA, FSCA, JSC | ASIC, CySEC, FCA |
| Broker type | Market Maker, STP | Market Maker |
| Platforms | MT4, MT5 | Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 228 countries | 217 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading |
| Best-for use cases | Professional Trading, Retail Trading | Copy Trading, Professional Trading, Retail Trading |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Available at both (213): Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands and 173 more.
Only Admirals (15): Afghanistan, American Samoa, Central African Republic, China, Congo, Ethiopia, Guam, Iraq, Lebanon, Mali, Nicaragua, Somalia, Venezuela, Yemen, Zimbabwe.
Only eToro (4): Belgium, Canada, Japan, United States of America.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Admirals holds more regulatory licences: Admirals (ASIC, CySEC, FCA, FSCA, JSC) versus eToro (ASIC, CySEC, FCA). Tier-1 licences: Admirals 2, eToro 2.
Admirals offers MT4, MT5; eToro offers Proprietary.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
Admirals is the older of the two, founded in 2001; eToro was founded in 2007.
They overlap in 213 countries. Admirals is additionally available in 15 countries (Afghanistan, American Samoa, Central African Republic, China, Congo, Ethiopia and 9 more) and eToro in 4 countries (Belgium, Canada, Japan, United States of America).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.