This comparison overview assists individuals that battle to pick between Forex.com and XTB to discover the best online broker for their trading and financial investment needs. It analyzes the highlights of both brokers alongside to help users contrast their service and make an educated choice.
To help customers pick the ideal broker between Forex.com and XTB to discover the best-suited system, below is a list of broker’s pros and cons, adhered to by a comparison of their primary trading functions, including trading platforms & devices, charges, mobile trading, deposit & withdrawal, properties, policy, and client assistance.
Forex.com vs. XTB: Summary
Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.
Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.
Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.
XTB is an international multi-asset broker founded in 2002. It is regulated by two-tier one regulators (the FCA and MiFID) and therefore considered trustworthy. The brokers offers access to 12,000 tradable symbols including 5,400 CFDs on forex, indices, commodities, stocks, ETFs, and cryptocurrencies.
XTB has a proprietary platform (xStation 5) that features extensive trading and research tools including market news, up-to-date price tables, and market calendars. Users can also use various order types and risk management features such as stop-loss orders and negative balance protection. Besides its feature rich proprietary platforms, XTB offers limited MT4 integration.
XTB trading fees are in line with the industry average. They charge an average spread of 0.91 pips (EUR/USD), and also offer spread rebates between 5% to 30% on active trading. XTB also charges inactivity fees of $10/month after 12 months of inactivity.
Pros
- Low minimum deposit ($100)
- Low average spread from 0.74 pips EUR/USD
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
Pros
- Low minimum deposit ($10)
- Competitive trading fees
- Great research and education materials
- MT4 compatibility
- Cashback rebates and free paper trading account
- Feature rich and intuitive mobile app
Cons
- Only CFD trading
- Charges inactivity fees
Key features
- Competitive trading fees
- Compatibility with MT4 and MT5
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customisation
Key features
- Access to 12,000 financial instruments
- Free Stock and ETF trading
- Daily market analysis videos, price tables, and economic calendar
- Micro-lot trading available
- Beginner-friendly mobile app (xStation Mobile)
- Multi-lingual support in English, Arabic and over 10 other languages
Forex.com vs. XTB Comparison
Select up to 3 Brokers
Forex.com
XTB
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:50 | 1:500 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | $0 |
Deposit Fee | 0 | $0 |
Inactivity Fee | $15 per month (after 12 months) | |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | €12 |
Forex (EUR/USD) | 0.8 pips | 1.0 pips |
Stocks & ETF | 0 + spread | 0 |
CFD (Gold) | 0.8 | 1.19 pips |
Crypto | 0 | 100 pips |
Options | 0 | 0 |
Conversion Fees | 0.50% | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees | 2.50% |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100 | $0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 91 | 57 |
CFD Indices & Funds | 17 | 37 |
CFD Stocks | 9500 | 1796 |
CFD Commodities | 22 | 23 |
CFD Crypto | 8 | 10 |
CFD Bonds | 0 | 0 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
Forex.com vs. XTB Comparison Conclusion
The results of our contrast of Forex.com vs. XTB are involved the table below.
Broker: | Best For: |
Forex.com | Forex and CFD trading and MT4 |
XTB | Forex and CFDs; Beginners and intermediate traders |
Picking the right option between Forex.com and XTB can be hard. Both online brokers have similarities however differ relating to trading instruments, systems & apps, regulation, deposit & withdrawals, and study and education. Selecting the best broker depends upon individuals’ trading & investment objectives, private choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.