FOREX.com vs XTrade Comparison: Which Is Better for Traders?
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 - FOREX.com or XTrade?
Our pick: FOREX.com
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FOREX.com looks preferable to XTrade.
FOREX.com scored 4.1/5 and ranks 37 in our all Forex brokers list, whereas XTrade has 3.3/5 and ranks 60.
This is not financial advice. See the full comparison below.
Who is FOREX.com suitable for?
FOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.
Who is XTrade suitable for?
Xtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.
Comparison Table of FOREX.com and XTrade
| Broker | FOREX.com | XTrade |
|---|---|---|
| Rating | 4.1/5 | 3.3/5 |
| Foundation Year | 2000 | 2003 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | Belize |
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 1 points |
| Max Leverage | 1:50 | 1:400 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | FOREX.com Review | XTrade Review |
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com 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 | FOREX.com | XTrade |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 2000 | 2003 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | Belize |
| Regulators | CIMA CIMA FCA FCA CIRO CIRO CySEC CySEC NFA NFA CFTC CFTC SFC SFC JFSA JFSA MAS MAS ASIC ASIC | - BFSC BFSC |
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
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 | FOREX.com | XTrade |
|---|---|---|
| Account Opening | 4/5 | 4/5 |
| Minimum Deposit |
|
|
FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
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 | FOREX.com | XTrade |
|---|---|---|
| Account Types | 3.5/5 | 2.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 1 points |
| Max Leverage | 1:50 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
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 | FOREX.com | XTrade |
|---|---|---|
| Commissions | 2.2/5 | 2/5 |
| Spread | from 0.1 points | from 1 points |
| Average Spread (EURUSD) | 1.3 | 3 |
| Commission per Lot | $6.48 |
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
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 | FOREX.com | XTrade |
|---|---|---|
| Rating | 4.3/5 | 3.5/5 |
| Account Funding Methods |
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FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
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 | FOREX.com | XTrade |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 91 | 57 |
| Precious Metals | 16 | 9 |
| Energy Carriers | 14 | 5 |
| Soft Commodities | 22 | 7 |
| Indices | 54 | 25 |
| Stocks | 5500 | 300 |
| ETF | 318 | 13 |
| Bonds | 14 | 5 |
| Cryptocurrency | 12 | 52 |
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
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 | FOREX.com | XTrade |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
|
|
FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
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 | FOREX.com | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
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 | FOREX.com | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
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 | FOREX.com | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
|
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
YouTube
LinkedInFOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
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.
Comparisons of FOREX.com and XTrade with other brokers
Conclusion
FOREX.com stands out as the better overall pick, while XTrade trails on aggregate criteria.
FOREX.com scored 4.1/5 and ranks 37 in our rating; XTrade has 3.3/5 and ranks 60.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FOREX.com or XTrade?
FOREX.com comes out ahead by overall rank (score 4.1/5, position 37) versus XTrade (score 3.3/5, position 60).
Which broker is better for beginners: FOREX.com or XTrade?
FOREX.com is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FOREX.com or XTrade?
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 FOREX.com and XTrade?
FOREX.com: FOREX.com, Ninja Trader, MetaTrader 4, TradingView. XTrade: xTrade. See the “Platforms” section for details and selection tips.
What markets can you trade with FOREX.com and XTrade?
FOREX.com: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. XTrade: 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 FOREX.com and XTrade?
FOREX.com: Standard, MT4, DMA. XTrade: Standard, Platinum, Premium, VIP. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FOREX.com and XTrade?
FOREX.com: Neteller, Skrill, Bank Transfer, Credit and Debit Cards. XTrade: Moneta.ru, Qiwi, WebMoney, YooMoney, VLoad, Alipay, AstroPay, Boleto, CashU, FasaPay, Jeton, Bpay, Swift, Sofort, Visa, Mastercard, JCB, EPS, Giropay, iDeal, Przelewy24, POLi. Check method-specific fees/settlement times.
Which broker is safer — FOREX.com or XTrade — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
