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Broker comparison

eToro vs XTB Comparison

Compare trading conditions, commissions and platforms of Forex brokers eToro and XTB. Find out which broker is best for you.

VS summaryScores and ranking at a glance
eToroHigher ranked
Rating
3.8/5
Rank
#57
Register

Trading CFDs carries high risks. You may lose all invested funds

XTB
Rating
4.2/5
Rank
#62
Register

69-80% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - eToro or XTB?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

eToro ranks higher in the editorial ranking.
eToro
Rating: 3.8/5Rank: #57
XTB
Rating: 4.2/5Rank: #62

eToro

Minimum deposit · USD
200 USD
Different platforms
  • eToro
Different markets
None listed

XTB

Minimum deposit · USD
1 USD
Different platforms
  • xStation
Different markets
  • Bonds

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of eToro and XTB

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Overview: comparison of eToro, XTB
BrokereToroXTB
Foundation Year
2006
2002
Regulated in Countries
Seychelles, United Kingdom, Cyprus, Australia, United States
Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Minimum Deposit
  • 200 USD
  • 1 USD
Spread
from 1 points
from 0.5 points
Max Leverage
1:30
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • eToro
  • xStation
Review

eToro Review

eToro Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
eToro

eToro stands out from other brokers due to its unique combination of trading services and social features, making it particularly attractive to traders interested in innovative approaches to investing. Narrow spreads and the ability to buy securities in fractions simplify access to different assets, while the social network allows users to share strategies and copy trades of successful traders, which is a big plus for beginners and those looking for new investment ideas. The simple and intuitive interface makes the platform accessible even for those who are just starting their trading journey.

eToro is best suited for beginner traders who are looking to capitalize on the social aspects of trading and do not require complex individual trading account settings. The platform is also ideal for those looking for an active community to share ideas and strategies.

Pros and Cons of eToro

Pros

  1. A social network for traders.
  2. Good selection of trading instruments.
  3. Fractional shares purchasing.
  4. Narrow spreads.

Cons

  1. Only one trading account is available.
  2. eToro has its own trading platform, but there is no alternative to it.
  3. Poor customer support performance.
  4. Delays and hidden fees during fund withdrawal.

eToro is in the top 10 of the following ratings:

XTB Review

XTB Logo
Register69-80% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
xStation

XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.

XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.

Pros and Cons of XTB

Pros

  1. Regulated by several leading financial authorities.
  2. Variety of methods to deposit funds.
  3. Wide range of trading assets.
  4. Extensive analytical tools and resources.

Cons

  1. Withdrawal methods are limited.
  2. Lack of educational materials.

Reliability

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Reliability: comparison of eToro, XTB
BrokereToroXTB
Reliability
5/5
5/5
Foundation Year
2006
2002
Regulated in Countries
Seychelles, United Kingdom, Cyprus, Australia, United States
Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Regulators

eToro

eToro is regulated in several countries.

Pros

  1. Regulated by CySEC, FCA, ASIC and SEC.
  2. Global presence and access to a variety of markets.
  3. Licences for different activities, including cryptocurrency services in the US.

XTB

XTB is quite reliable, considering regulation in several authoritative jurisdictions.

Account Opening

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Account Opening: comparison of eToro, XTB
BrokereToroXTB
Account Opening
4/5
4.5/5
Minimum Deposit
  • 200 USD
  • 1 USD

eToro

Opening an eToro account is a straightforward process.

Pros

  1. Quick registration through Google.
  2. A clear verification process.

Cons

  1. A high minimum deposit in some countries.
  2. Verification may take up to three days.

XTB

The account opening process at XTB is simple and clear, but takes some time.

Pros

  1. Easy registration and data verification.
  2. Flexibility regarding the minimum deposit.
  3. Adherence to KYC and AML standards.

Cons

  1. Verification can take time.
  2. Need to provide a large volume of personal data.

Account Types

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Account Types: comparison of eToro, XTB
BrokereToroXTB
Account Types
2.8/5
3.5/5
Trading Accounts
  • —
  • Standard
  • Swap Free
Minimum Deposit
  • 200 USD
  • 1 USD
Spread
from 1 points
from 0.5 points
Max Leverage
1:30
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • eToro
  • xStation
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

eToro

eToro offers a basic range of account types that can meet many traders’ needs, though it may not cover more specialised requirements.

Pros

  1. A demo account for practice.
  2. An Islamic account designed to comply with Sharia principles.
  3. Copy trading.

Cons

  1. No fixed-spread accounts.
  2. No cent accounts.
  3. No ECN or STP accounts for direct access to the interbank market.

XTB

XTB’s account types cover the core needs of most traders and investors: a Standard and Swap-Free account for CFD trading plus a separate investment account for real stocks and ETFs, though the overall choice is less diverse than some rivals.

Pros

  1. Simple lineup: Standard, Swap-Free and Investment account.
  2. Access to real stocks and ETFs with one broker.
  3. Unified xStation platform for trading and investing.

Cons

  1. Fewer account types than some competitors.
  2. No specialized “pro” accounts for niche strategies.

Commissions

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Commissions: comparison of eToro, XTB
BrokereToroXTB
Commissions
3.5/5
3.5/5
Spread
from 1 points
from 0.5 points
Average Spread (EURUSD)
—
1.4
Commission
No data
No data

eToro

eToro offers competitive trading conditions, but traders should also consider non-trading fees.

Pros

  1. Tight spreads.

Cons

  1. A monthly inactivity fee.
  2. Withdrawal fees apply.
  3. Less favourable conditions than some other brokers and cryptocurrency exchanges.

XTB

XTB offers an average level of commissions.

Pros

  1. Cashback system helps to offset some of the commissions.

Cons

  1. Fee for account inactivity.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of eToro, XTB
BrokereToroXTB
Rating
3.5/5
4/5
Account Funding Methods
  • PayPal
  • Neteller
  • Skrill
  • Klarna
  • Rapid Transfer
  • Sofort
  • Swift
  • Visa
  • Mastercard
  • Trustly
  • POLi
  • Neteller
  • Skrill
  • PaySafeCard
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro

eToro

eToro offers a variety of deposit and withdrawal methods, with fees for some transactions and currency conversions.

Pros

  1. A wide range of deposit and withdrawal methods.
  2. No deposit fees for many payment methods.

Cons

  1. A USD 5 withdrawal fee.
  2. Additional currency conversion costs.

XTB

XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.

Pros

  1. Wide selection of deposit methods.
  2. No commission for depositing funds.
  3. No commission for withdrawals over $50.

Cons

  1. The only available withdrawal method is bank transfer.
  2. Commission of $30 for withdrawals less than $50.

Markets and Products

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Markets and Products: comparison of eToro, XTB
BrokereToroXTB
Markets and Products
4.5/5
5/5
Forex
47
57
Precious Metals
7
9
Energy Carriers
2
5
Soft Commodities
4
10
Indices
13
35
Stocks
2500
1997
ETF
250
177
Cryptocurrency
112
41
Bonds
-
3

eToro

eToro provides access to a wide range of financial instruments, including stocks, ETFs, forex, CFDs and cryptocurrencies, but some transactions lack full transparency.

XTB

XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.

Trading Platforms

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Trading Platforms: comparison of eToro, XTB
BrokereToroXTB
Rating
3.5/5
4.2/5
Trading Platforms
  • eToro
  • xStation

eToro

eToro’s platforms offer a user-friendly interface and basic trading features, but their analytical tools have limitations.

Pros

  1. Available as a web platform and mobile app.
  2. Integrated account management and trading features.
  3. Copy trading.

Cons

  1. A limited selection of indicators.
  2. Possible price discrepancies.
  3. No alternative trading platforms.

XTB

XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.

Pros

  1. A multitude of analytical tools.
  2. Customizable terminal interface.
  3. Android mobile app available.

Cons

  1. Lack of choice between different trading platforms.
  2. No platform version for iOS devices.
  3. No desktop version of the platform.

Analytics

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Analytics: comparison of eToro, XTB
BrokereToroXTB
Rating
4/5
5/5

eToro

The broker offers accessible technical analysis tools and trading ideas.

Pros

  1. Interactive charts.
  2. Trading ideas.

Cons

  1. A low-quality news feed.
  2. Limited analyst recommendations.

XTB

XTB offers superior analytics with a rich set of tools available to all users, making them one of the leaders in this area.

Pros

  1. In-depth analytics, including forecasts from experts and news.
  2. A wide range of analysis tools, including an economic calendar and trading schedules.
  3. Analytics available to all users, not only company clients.

Education

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Education: comparison of eToro, XTB
BrokereToroXTB
Rating
4.8/5
3/5

eToro

eToro offers a broad range of educational materials, mostly in English.

Pros

  1. A wide range of educational materials.
  2. Daily market reviews.
  3. A detailed guide to the fintech industry.

Cons

  1. Most materials are available only in English.

XTB

XTB's educational materials are limited.

Pros

  1. Basic trading information is provided.

Cons

  1. Lack of webinars and detailed video tutorials.
  2. Not suitable for beginners seeking comprehensive education.

Customer Support

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Customer Support: comparison of eToro, XTB
BrokereToroXTB
Rating
2/5
4.5/5
Email Support
Hotline Phones
Social Media
—

eToro

eToro offers several support channels. However, user reviews report slow responses and ineffective assistance.

XTB

XTB's technical support is generally good, available 24/5.

Pros

  1. Operates 24/5.
  2. Contact options include phone and email.
  3. Responses to inquiries are received within a reasonable timeframe.

Cons

  1. Lack of messaging channels for communication.

Comparisons of eToro and XTB with other brokers

Conclusion

When choosing between eToro and XTB, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: eToro or XTB?

eToro ranks higher than XTB in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: eToro or XTB?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — eToro or XTB?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with eToro and XTB?

eToro: eToro. XTB: xStation. See the “Platforms” section for details and selection tips.

What markets can you trade with eToro and XTB?

eToro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. XTB: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by eToro and XTB?

eToro: —. XTB: Standard, Swap Free. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by eToro and XTB?

eToro: PayPal, Neteller, Skrill, Klarna, Rapid Transfer, Sofort, Swift, Visa, Mastercard, Trustly, POLi. XTB: Neteller, Skrill, PaySafeCard, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.

Which broker is safer — eToro or XTB — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.