easyMarkets vs XTrade Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of easyMarkets and XTrade
| Broker | easyMarkets | XTrade |
|---|---|---|
| Rating | 4.5/5 | 3.3/5 |
| Foundation Year | 2001 | 2003 |
| Regulated in Countries | Seychelles, British Virgin Islands, Cyprus, Australia, South Africa | Belize |
| Minimum Deposit |
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| Spread | from 0.7 points | from 1 points |
| Max Leverage | 1:2000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | easyMarkets Review | XTrade Review |
easyMarkets is suitable for beginners thanks to simple conditions and a low minimum deposit, as well as for experienced traders who value MT4/MT5, TradingView, and VIP service.
Xtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.
easyMarkets Review
easyMarkets is a reliable international broker with nearly 25 years of experience, licenses from leading regulators (CySEC, ASIC, FSCA, etc.), and a focus on simplicity and trading safety. It suits beginner traders thanks to a low minimum deposit from 25 USD, fixed spreads, and a convenient proprietary platform with unique risk management tools. At the same time, the broker will also appeal to more experienced users thanks to the availability of MT4, MT5, TradingView, Islamic accounts, and VIP service. Despite a relatively average selection of CFD instruments and the absence of passive trading services, easyMarkets delivers a good combination of reliability, technology, and customer support.
Pros and Cons of easyMarkets
Pros
- Regulated in many jurisdictions.
- Unique risk management tools (dealCancellation, Freeze Rate).
- Access to various trading platforms.
- Minimum deposit from 25 USD, convenient for beginners.
- A wide range of deposit and withdrawal methods, including cryptocurrencies.
- Strong analytics (Daily Pitch, AI reviews, trading signals).
- Competent support with many contact channels.
Cons
- High swaps compared to competitors.
- No cent accounts or passive trading services (PAMM, copy trading).
- Average number of CFD instruments, behind market leaders.
easyMarkets is in the top 10 of the following ratings:
XTrade Review
Xtrade offers a wide range of deposit and withdrawal methods, an extensive range of markets and trading products, and a variety of analytical tools. The broker is equipped with an extensive training center, which makes it attractive for novice traders who want to expand their knowledge and improve their trading skills. Responsive and feature-rich customer support enhances the usability of the broker's services.
Xtrade is suitable for novice traders, thanks to its accessible educational resources and wide range of trading products. However, potential clients should pay special attention to regulatory issues and trading costs before deciding to start working with this broker.
Pros and Cons of XTrade
Pros
- Wide range of deposit and withdrawal methods.
- Extensive selection of markets and products for trading.
- Diversity of analytical tools.
- Comprehensive educational center with various materials.
- Responsive and multifunctional technical support.
Cons
- Weak regulation may raise concerns about the security of client funds.
- Limited variety of accounts and services offered.
- Wide spreads, which can increase trading costs.
- Long processing time for withdrawal requests.
- Lack of alternatives to the offered trading platform, limiting traders' choices.
Reliability
| Broker | easyMarkets | XTrade |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 2001 | 2003 |
| Regulated in Countries | Seychelles, British Virgin Islands, Cyprus, Australia, South Africa | Belize |
| Regulators | SFSA SFSA BVIFSC BVIFSC CySEC CySEC ASIC ASIC FSCA FSCA | - BFSC BFSC |
easyMarkets
easyMarkets demonstrates a high level of reliability thanks to licenses from ASIC, CySEC, and FSCA, client protection, and extensive experience.
Pros
- Regulation by Tier-1/Tier-2 authorities
- Negative balance protection
- Long track record (since 2001)
XTrade
The reliability of Xtrade International Ltd is questionable due to the lack of licenses from strict regulators, despite having a license from the Belize FSC.
Pros
- Segregated client accounts.
- Investor compensation fund.
Cons
- Lack of licenses from strict regulators.
Account Opening
| Broker | easyMarkets | XTrade |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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easyMarkets
Opening an account with easyMarkets is simple and fast, with a minimum deposit from 25 USD. The process is convenient even for beginners.
Pros
- Fast online registration
- Minimum deposit 25 USD
- Support at every step
XTrade
Account opening at Xtrade is fairly standard and transparent.
Pros
- Free and fast account opening.
- Clear verification instructions.
Cons
- High minimum deposit.
- Verification can be lengthy.
Account Types
| Broker | easyMarkets | XTrade |
|---|---|---|
| Account Types | 4.5/5 | 2.3/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
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| Spread | from 0.7 points | from 1 points |
| Max Leverage | 1:2000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
easyMarkets
easyMarkets offers a wide range of accounts for different categories of traders, including Islamic and VIP, but lacks cent and PAMM accounts.
Pros
- Demo account available
- Islamic account available
- VIP service for large clients
Cons
- No cent accounts
- No PAMM or copy trading
XTrade
Xtrade offers a variety of accounts, but does not satisfy the needs of all categories of traders.
Pros
- Four types of accounts for different traders.
- Reduced spreads for Premium and VIP accounts.
Cons
- Absence of cent and Islamic accounts.
- No accounts with fixed spreads.
- Lack of copy trading service.
Commissions
| Broker | easyMarkets | XTrade |
|---|---|---|
| Commissions | 3.5/5 | 2/5 |
| Spread | from 0.7 points | from 1 points |
| Average Spread (EURUSD) | 0.9 | 3 |
| Commission per Lot |
easyMarkets
easyMarkets offers low spreads and free deposits/withdrawals, but high swaps and the inactivity fee make the overall conditions average.
Pros
- Low spreads
- No deposit/withdrawal fees
- Transparent conditions
Cons
- High swaps
- $25 inactivity fee
XTrade
Commissions at Xtrade are relatively high, which can increase a trader's costs.
Pros
- No withdrawal fee.
Cons
- High spreads.
- Inactivity fee of 50 USD.
Deposit and Withdrawal
| Broker | easyMarkets | XTrade |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Account Funding Methods |
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easyMarkets
easyMarkets offers a wide range of deposit and withdrawal methods, including cryptocurrencies, with no broker-side fees.
Pros
- Instant deposits
- Cryptocurrency support
- No deposit/withdrawal fees
Cons
- Possible bank fees
XTrade
Xtrade offers a variety of deposit and withdrawal methods, but with lengthy processing times.
Pros
- Wide selection of payment systems.
- No fees on many methods.
Cons
- Long withdrawal processing time.
- Absence of cryptocurrencies.
Markets and Products
| Broker | easyMarkets | XTrade |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 62 | 57 |
| Precious Metals | 9 | 9 |
| Energy Carriers | 5 | 5 |
| Soft Commodities | 7 | 7 |
| Indices | 26 | 25 |
| Stocks | 63 | 300 |
| Cryptocurrency | 19 | 52 |
| ETF | - | 13 |
| Bonds | - | 5 |
easyMarkets
easyMarkets offers a wide range of markets, including Forex, stocks, commodities, and cryptocurrencies, but the overall number of CFD instruments remains average.
Pros
- Variety of asset classes
- Access to cryptocurrencies
- Ability to diversify
Cons
- An average number of CFDs compared to competitors
XTrade
Xtrade offers an extensive selection of markets and products, meeting the needs of various traders.
Pros
- Wide range of currency pairs.
- Numerous CFDs on stocks from different countries.
- Availability of cryptocurrencies.
Trading Platforms
| Broker | easyMarkets | XTrade |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
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easyMarkets
easyMarkets offers a full suite of platforms—from its proprietary web platform to MT4, MT5, and TradingView. This is convenient for both beginners and experienced traders.
Pros
- Wide selection of platforms
- Unique dealCancellation and Freeze Rate features
- Mobile app support
XTrade
Xtrade offers a functional and user-friendly platform.
Pros
- Web platform with no download required.
- Full-featured mobile application.
Cons
- Lack of popular platforms such as MT4 or MT5.
- Limited choice of platforms.
- No desktop version of the platform.
Analytics
| Broker | easyMarkets | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
easyMarkets
easyMarkets analytics is diverse and useful: from daily reviews and signals to AI tools and materials on trading psychology.
Pros
- Daily Pitch and trading signals
- Economic calendar
- AI reviews of stocks
XTrade
Xtrade's analytics are well-developed, providing traders with a variety of market analysis tools.
Pros
- Daily video analysis.
- Economic calendar and up-to-date news.
- Specialized calculators for technical analysis.
Cons
- Lack of regular reviews from experts.
- No trading signals.
Education
| Broker | easyMarkets | XTrade |
|---|---|---|
| Rating | 4/5 | 4/5 |
easyMarkets
easyMarkets education is useful for beginners: there are courses, books, and a knowledge base, but it lacks interactive formats.
Pros
- Online courses and books
- Convenient knowledge base
- Glossary of terms
Cons
- No regular webinars
- No podcasts or live video lessons
XTrade
Xtrade provides extensive educational materials covering various levels of complexity.
Pros
- Wide range of topics.
- Materials for beginners and professionals.
- Availability of video tutorials and e-books.
Cons
- Lack of webinars.
- Some topics may require deeper study.
Customer Support
| Broker | easyMarkets | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Instagram
Facebook
Twitter
Weibo
LinkedIn
YouTubeeasyMarkets
easyMarkets technical support is fast and professional, available via chat, email, phone, and messengers.
Pros
- Many communication channels
- Fast responses
- Knowledgeable staff
Cons
- No local numbers in all countries
XTrade
Xtrade's customer support is responsive and diverse, but there are minor communication issues.
Pros
- Variety of communication channels.
- 24/5 availability during weekdays.
- Quick and professional response.
Cons
- Some reviews indicate problems with resolving disputes.
