Broker comparison

xChief vs XTB Comparison

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

VS summaryScores and ranking at a glance
xChiefHigher ranked
Rating
4.2/5
Rank
#44
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

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 - xChief 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

xChief ranks higher in the editorial ranking.

Matching ratings can occupy different positions in the full ranking.

xChief
Rating: 4.2/5Rank: #44
XTB
Rating: 4.2/5Rank: #62

xChief

Different platforms
  • MetaTrader 4
  • MetaTrader 5
Different markets
None listed

XTB

Different platforms
  • xStation
Different markets
  • Soft Commodities
  • ETF
  • Bonds

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

Full broker ranking

Comparison Table of xChief and XTB

Swipe the table left or right to view all data.

Overview: comparison of xChief, XTB
BrokerxChiefXTB
Foundation Year20142002
Regulated in CountriesComoros, South Africa, KazakhstanBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Minimum Deposit
  • 1 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:10001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • xStation
ReviewxChief ReviewXTB Review

xChief Review

xChief Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare xChief trading accounts

xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.

Pros and Cons of xChief

Pros

  1. A wide range of trading instruments.
  2. Availability of cent and PAMM accounts.
  3. Tight spreads and low commission per transaction.
  4. Scalping and algorithmic trading allowed.

Cons

  1. Weak analytical section.
  2. No educational courses and webinars for beginner traders.

xChief 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
compare XTB trading accounts

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

Swipe the table left or right to view all data.

Reliability: comparison of xChief, XTB
BrokerxChiefXTB
Reliability
4/5
5/5
Foundation Year20142002
Regulated in CountriesComoros, South Africa, KazakhstanBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Regulators

xChief

xChief’s reliability can be rated as average. The group holds MISA, FSCA, and AFSA licences, but most retail clients are served by the offshore entity XCHIEF LTD, which provides a limited level of protection.

Pros

  1. The group includes several regulated entities.
  2. Holds FSCA and AFSA licences.

Cons

  1. Most retail accounts are regulated by MISA.

XTB

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

Account Opening

Swipe the table left or right to view all data.

Account Opening: comparison of xChief, XTB
BrokerxChiefXTB
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 1 USD

xChief

Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.

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

Swipe the table left or right to view all data.

Account Types: comparison of xChief, XTB
BrokerxChiefXTB
Account Types
5/5
3.5/5
Trading Accounts
  • CENT
  • Classic+
  • DirectFX
  • xPRIME
  • Standard
  • Swap Free
Minimum Deposit
  • 1 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:10001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • xStation
Demo Account
Swap-free Account

xChief

Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.

Pros

  1. Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
  2. Demo accounts are available for novice traders.
  3. Investment accounts available: PAMM accounts and copy trading.

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

Swipe the table left or right to view all data.

Commissions: comparison of xChief, XTB
BrokerxChiefXTB
Commissions
4.2/5
3.5/5
Spreadfrom 0 pointsfrom 0.5 points
Average Spread (EURUSD)0.71.4
Commissionper 1 lot$2.50No data

xChief

Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.

Pros

  1. Low commission per trade.
  2. Tight spreads.
  3. No inactivity fees and no withdrawal fees.

Cons

  1. High swaps.

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

Swipe the table left or right to view all data.

Deposit and Withdrawal: comparison of xChief, XTB
BrokerxChiefXTB
Rating
5/5
4/5
Account Funding Methods
  • Skrill
  • Neteller
  • Volet
  • WebMoney
  • FasaPay
  • SEPA
  • Credit and Debit Cards
  • Online banking
  • Neteller
  • Skrill
  • PaySafeCard
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro

xChief

ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.

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

Swipe the table left or right to view all data.

Markets and Products: comparison of xChief, XTB
BrokerxChiefXTB
Markets and Products
4/5
5/5
Forex3957
Precious Metals29
Energy Carriers35
Indices1035
Stocks1001997
Cryptocurrency541
Soft Commodities-10
ETF-177
Bonds-3

xChief

Forex Chief offers a respectable variety of trading instruments.

Pros

  1. Wide range of currency pairs and CFDs.
  2. Access to cryptocurrency trading.
  3. Flexible margin requirements.

Cons

  1. Lack of soft commodities.
  2. Limited number of stock CFDs.

XTB

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

Trading Platforms

Swipe the table left or right to view all data.

Trading Platforms: comparison of xChief, XTB
BrokerxChiefXTB
Rating
4/5
4.2/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • xStation

xChief

Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.

Pros

  1. Use of popular and proven MT4 and MT5 platforms.
  2. Availability of platforms on various OS (Windows, iOS, Android).

Cons

  1. Lack of proprietary unique platform.
  2. Limited selection of platforms compared to some competitors.

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

Swipe the table left or right to view all data.

Analytics: comparison of xChief, XTB
BrokerxChiefXTB
Rating
3/5
5/5

xChief

ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.

Pros

  1. Current central bank interest rates.
  2. Convenient trader's calculator.

Cons

  1. Outdated economic articles.
  2. Insufficient variety of analytical tools.

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

Swipe the table left or right to view all data.

Education: comparison of xChief, XTB
BrokerxChiefXTB
Rating
3/5
3/5

xChief

ForexChief's educational materials cover the basics, but do not offer in-depth training.

Pros

  1. Wide range of article topics for beginners.
  2. Various trading strategies and indicators are presented.

Cons

  1. Lack of more advanced materials.
  2. No video tutorials or webinars.

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

Swipe the table left or right to view all data.

Customer Support: comparison of xChief, XTB
BrokerxChiefXTB
Rating
4/5
4.5/5
Email Support
Hotline Phones
Social Media

xChief

ForexChief support is well-organized and easily accessible, but has limited operating hours.

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 xChief and XTB with other brokers

Conclusion

When choosing between xChief 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: xChief or XTB?

xChief 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: xChief 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) — xChief 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 xChief and XTB?

xChief: MetaTrader 4, MetaTrader 5. XTB: xStation. See the “Platforms” section for details and selection tips.

What markets can you trade with xChief and XTB?

xChief: Forex, Precious Metals, Energy Carriers, Indices, Stocks, 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 xChief and XTB?

xChief: CENT, Classic+, DirectFX, xPRIME. XTB: Standard, Swap Free. See “Account Types” for a side-by-side comparison.

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

xChief: Skrill, Neteller, Volet, WebMoney, FasaPay, SEPA, Credit and Debit Cards, Online banking. XTB: Neteller, Skrill, PaySafeCard, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.

Which broker is safer — xChief 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.