Admirals vs eToro: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeAdmiralseToro
Licence Score78Strong74Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record84
1 FCA United Kingdom LicensedLicensed · FRN 583263
1 ASIC Australia LicensedLicensed
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa Licensed—
2 EFSA Estonia Licensed—
3 CMA (Kenya) Kenya Licensed—
3 JSC Jordan Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20012007
HeadquartersEstoniaIsrael
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoNASDAQ:ETOR
PlatformsMT4, MT5Proprietary
Minimum depositUS$100US$50
VisitVisit siteVisit site

Frequently asked questions

Is Admirals or eToro better regulated?

Admirals has the higher Licence Score (78 vs 74), based on the number and tier of licences, operating history and public listing.

Which regulators license both Admirals and eToro?

Both are matched to licences from ASIC, FCA, CySEC and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.