Broker comparison

FXOpen vs XTB Comparison

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

VS summaryScores and ranking at a glance
FXOpenHigher ranked
Rating
4.3/5
Rank
#31
Register

58-60% of retail investors lose money when trading CFDs with this broker

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 - FXOpen 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

FXOpen ranks higher in the editorial ranking.
FXOpen
Rating: 4.3/5Rank: #31
XTB
Rating: 4.2/5Rank: #62

FXOpen

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

XTB

Different platforms
  • xStation
Different markets
  • Soft Commodities
  • Bonds

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

Full broker ranking

Comparison Table of FXOpen and XTB

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Overview: comparison of FXOpen, XTB
BrokerFXOpenXTB
Foundation Year20052002
Regulated in CountriesUnited Kingdom, Cyprus, AustraliaBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Minimum Deposit
  • 100 AUD
  • 10 CHF
  • 10 EUR
  • 10 GBP
  • 1500 JPY
  • 100 SGD
  • 1 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:5001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • xStation
ReviewFXOpen ReviewXTB Review

FXOpen Review

FXOpen Logo
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView
compare FXOpen trading accounts

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

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

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Reliability: comparison of FXOpen, XTB
BrokerFXOpenXTB
Reliability
5/5
5/5
Foundation Year20052002
Regulated in CountriesUnited Kingdom, Cyprus, AustraliaBelize, Poland, United Kingdom, Spain, United Arab Emirates, Germany
Regulators

FXOpen

FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.

XTB

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

Account Opening

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Account Opening: comparison of FXOpen, XTB
BrokerFXOpenXTB
Account Opening
5/5
4.5/5
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 1 USD

FXOpen

FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.

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 FXOpen, XTB
BrokerFXOpenXTB
Account Types
5/5
3.5/5
Trading Accounts
  • STP
  • ECN
  • Micro
  • Crypto
  • Standard
  • Swap Free
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
  • 1 USD
Spreadfrom 0 pointsfrom 0.5 points
Max Leverage1:5001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • xStation
Demo Account
Swap-free Account

FXOpen

FxOpen offers a wide selection of trading accounts and additional services.

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 FXOpen, XTB
BrokerFXOpenXTB
Commissions
3/5
3.5/5
Spreadfrom 0 pointsfrom 0.5 points
Average Spread (EURUSD)1.21.4
Commissionper 1 lot$3.50No data

FXOpen

FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.

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 FXOpen, XTB
BrokerFXOpenXTB
Rating
4.2/5
4/5
Account Funding Methods
  • WebMoney
  • Volet
  • FasaPay
  • Visa
  • Mastercard
  • JCB
  • Discover
  • Neteller
  • Skrill
  • PaySafeCard
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro

FXOpen

FxOpen offers a variety of deposit and withdrawal methods.

Pros

  1. A large selection of payment systems and cryptocurrencies.
  2. Fast processing of withdrawal requests.

Cons

  1. No bank transfer option.
  2. High commissions for credit cards from the provider.

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 FXOpen, XTB
BrokerFXOpenXTB
Markets and Products
4.6/5
5/5
Forex6657
Precious Metals39
Energy Carriers35
Indices1235
Stocks5531997
ETF56177
Cryptocurrency4141
Soft Commodities-10
Bonds-3

FXOpen

FxOpen offers a good selection of assets but without soft commodities.

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 FXOpen, XTB
BrokerFXOpenXTB
Rating
5/5
4.2/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
  • xStation

FXOpen

FXOpen offers a wide range of trading platforms, catering to different types of traders.

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 FXOpen, XTB
BrokerFXOpenXTB
Rating
4/5
5/5

FXOpen

FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.

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 FXOpen, XTB
BrokerFXOpenXTB
Rating
2/5
3/5

FXOpen

FXOpen invests little in trader education, offering only basic articles and a glossary of terms.

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 FXOpen, XTB
BrokerFXOpenXTB
Rating
4.5/5
4.5/5
Email Support
Hotline Phones
Social Media

FXOpen

FXOpen offers reliable support, and a variety of communication channels adds flexibility.

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 FXOpen and XTB with other brokers

Conclusion

When choosing between FXOpen 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: FXOpen or XTB?

FXOpen 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: FXOpen 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) — FXOpen 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 FXOpen and XTB?

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

What markets can you trade with FXOpen and XTB?

FXOpen: Forex, Precious Metals, Energy Carriers, 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 FXOpen and XTB?

FXOpen: STP, ECN, Micro, Crypto. XTB: Standard, Swap Free. See “Account Types” for a side-by-side comparison.

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

FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. XTB: Neteller, Skrill, PaySafeCard, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.

Which broker is safer — FXOpen 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.