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Best eToro Alternatives 2026

We ranked substitutes that actually make sense for eToro users — prioritizing similar regulation, platform overlap, account fit, and obvious upgrade paths instead of recycling a generic top-brokers list.

eToro scores 7.8/10 in our review model, which means this is not a “run away” page. It is a switch page. The shortlist below is tuned for traders who want something close in profile, but better on one of the usual pain points: costs, platform workflow, regulation, or product depth.

The top match right now is Admirals, because it overlaps most cleanly with eToro on platform stack, account fit, and broker profile while still offering a stronger overall package.

Best lower-fee switch

IC Markets

Trading-cost score: 9.5/10 · spreads from 0.0 pips

Best platform upgrade

Admirals

Platforms: MT4, MT5, MetaTrader Supreme Edition

Best trust-first option

Forex.com

Regulation score: 9.5/10

Top 5 Alternatives to eToro

# Broker Why it fits Overall Score Min Deposit Spreads Regulation
1
A
Admirals Alt fit score: 21.9
Lower-cost pick with a trading-cost score 2.0 points higher than eToro. 8.4 $100 0.0 pips
CySEC FCA ASIC
Review →
2
F
Forex.com Alt fit score: 21.1
Lower-cost pick with a trading-cost score 2.0 points higher than eToro. 8.5 $100 0.0 pips
FCA ASIC CySEC
Review →
3
P
Pepperstone Alt fit score: 20.6
Lower-cost pick with a trading-cost score 2.5 points higher than eToro. 8.5 $0 0.0 pips
ASIC FCA CySEC
Review →
4
T
ThinkMarkets Alt fit score: 20.3
Lower-cost pick with a trading-cost score 2.0 points higher than eToro. 8.3 $0 0.0 pips
ASIC FCA CySEC
Review →
5
I
IC Markets Alt fit score: 20.3
Lower-cost pick with a trading-cost score 3.5 points higher than eToro. 8.8 $200 0.0 pips
ASIC CySEC FSA
Review →

eToro vs Admirals — Side by Side

e

eToro

Est. 2007

7.8
Min Deposit $50
Spreads From 1.0 pips
Max Leverage 1:30
Instruments 3,400
Trading Costs 6.0/10
Platforms 8.5/10
Regulation
FCA CySEC ASIC
A

Admirals

Est. 2001

8.4
Min Deposit $100
Spreads From 0.0 pips
Max Leverage 1:500
Instruments 4,000
Trading Costs 8.0/10
Platforms 9.0/10
Regulation
CySEC FCA ASIC

Why traders switch from eToro

Trading costs are decent rather than elite. If spreads and commissions are your main headache, IC Markets is the cleaner upgrade.

eToro already has a respectable platform stack, so switching makes more sense if you want a different workflow than eToro Platform, eToro App.

eToro is already strongly regulated, so alternatives should be judged more on execution, platforms, and account terms than on trust alone.

Frequently Asked Questions

What is the best alternative to eToro?
Right now, Admirals is the strongest like-for-like substitute. It keeps the closest profile match to eToro while landing a stronger overall score at 8.4/10.
Which alternative has the lowest fees?
Among the top substitutes, IC Markets is the clearest cost-led option. It scores 9.5/10 for trading costs in our testing and starts from 0.0 pips spreads.
Is eToro a bad broker?
No. eToro is still a credible broker with a 7.8/10 overall score. This page exists because “good” is not the same as “best for your setup.”
Can I move my account from eToro to another broker?
Not directly. In practice, you withdraw from eToro, open a new account elsewhere, and fund it again. The annoying part is admin, not technology.