TeleTrade vs XTB 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 - TeleTrade or XTB?
Our pick: XTB
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - XTB looks preferable to TeleTrade.
XTB scored 4.2/5 and ranks 31 in our all Forex brokers list, whereas TeleTrade has 3.6/5 and ranks 57.
This is not financial advice. See the full comparison below.
Who is TeleTrade suitable for?
This broker is ideally suited for experienced traders who value narrow spreads and a variety of financial instruments. Beginners may find it difficult due to the lack of extensive educational materials.
Who is XTB suitable for?
XTB suits experienced traders looking for a reliable broker with a wide selection of instruments and high-quality analytics.
Comparison Table of TeleTrade and XTB
| Broker | TeleTrade | XTB |
|---|---|---|
| Rating | 3.6/5 | 4.2/5 |
| Foundation Year | 2000 | 2001 |
| Regulated in Countries | Saint Vincent and the Grenadines | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
|
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| Review | TeleTrade Review | XTB Review |
TeleTrade Review
TeleTrade represents a comprehensive solution for traders looking for tight spreads, a variety of financial instruments, and quality customer support. It benefits experienced traders who can fully utilize the extensive analytical tools. However, beginners may find it challenging to get started without a wide range of educational materials.
If you are ready to undertake an intensive self-learning journey or possess ample experience, this broker can offer you all the necessary conditions for successful trading.
Pros and Cons of TeleTrade
Pros
- Tight spreads.
- A wide range of deposit and withdrawal methods.
- Diversity of financial assets.
- An extensive set of analytical tools.
- Quality customer support.
Cons
- High commission on ECN and NDD accounts.
- High swaps.
- Long withdrawal request processing time.
- Lack of educational materials other than articles.
XTB Review
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
- Regulated by several leading financial authorities.
- Variety of methods to deposit funds.
- Wide range of trading assets.
- Extensive analytical tools and resources.
Cons
- Withdrawal methods are limited.
- Lack of educational materials.
Reliability
| Broker | TeleTrade | XTB |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2000 | 2001 |
| Regulated in Countries | Saint Vincent and the Grenadines | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Regulators |
|
|
TeleTrade
TeleTrade is a relatively reliable broker, especially considering its long-standing market experience.
Pros
- Long-term market history.
- A large client base worldwide.
Cons
- No regulation by stricter authorities (FCA, ASIC, BaFin).
XTB
XTB is quite reliable, considering regulation in several authoritative jurisdictions.
Account Opening
| Broker | TeleTrade | XTB |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
|
|
TeleTrade
The registration process with TeleTrade broker is extremely convenient and fast. Minimal field input and the ability to log in from the main page simplify the start in trading.
XTB
The account opening process at XTB is simple and clear, but takes some time.
Pros
- Easy registration and data verification.
- Flexibility regarding the minimum deposit.
- Adherence to KYC and AML standards.
Cons
- Verification can take time.
- Need to provide a large volume of personal data.
Account Types
| Broker | TeleTrade | XTB |
|---|---|---|
| Account Types | 3.5/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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|
| Spread | from 0 points | from 0.5 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
TeleTrade
The broker offers standard trading accounts with additional options such as "24% Bonus" and "Copy Trading". However, the absence of cent, fixed, and Islamic accounts narrows the choices for specialized traders.
Pros
- Additional income through "24% Bonus".
- The "Copy Trading" service for diversification.
- Loyalty program with bonus points.
Cons
- No accounts with fixed spreads.
- No cent accounts.
- No Islamic accounts.
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
- Simple lineup: Standard, Swap-Free and Investment account.
- Access to real stocks and ETFs with one broker.
- Unified xStation platform for trading and investing.
Cons
- Fewer account types than some competitors.
- No specialized “pro” accounts for niche strategies.
Commissions
| Broker | TeleTrade | XTB |
|---|---|---|
| Commissions | 2.5/5 | 3.5/5 |
| Spread | from 0 points | from 0.5 points |
| Average Spread (EURUSD) | 1.8 | 1.4 |
| Commission per Lot | $0.86 |
TeleTrade
The level of commissions can be considered average, making the broker's services suitable for various types of traders, but not ideal for all.
Pros
- Competitive spreads on the standard account.
- No withdrawal fees in certain cases.
Cons
- High transaction commission on ECN and NDD accounts.
- Above-average swaps on the standard account.
- Additional commission for account inactivity.
XTB
XTB offers an average level of commissions.
Pros
- Cashback system helps to offset some of the commissions.
Cons
- Fee for account inactivity.
Deposit and Withdrawal
| Broker | TeleTrade | XTB |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Account Funding Methods |
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TeleTrade
The broker offers a variety of transaction methods, most of which are commission-free and with fast processing times.
Pros
- Wide selection of deposit and withdrawal methods.
- Most operations are commission-free.
- Instant fund crediting for most methods.
Cons
- Withdrawal requests can be processed for up to 7 business days.
- In some cases, a commission is charged for deposits and withdrawals.
XTB
XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.
Pros
- Wide selection of deposit methods.
- No commission for depositing funds.
- No commission for withdrawals over $50.
Cons
- The only available withdrawal method is bank transfer.
- Commission of $30 for withdrawals less than $50.
Markets and Products
| Broker | TeleTrade | XTB |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 76 | 57 |
| Precious Metals | 17 | 9 |
| Energy Carriers | 4 | 5 |
| Soft Commodities | 7 | 10 |
| Indices | 26 | 35 |
| Stocks | 146 | 1997 |
| Bonds | 3 | 3 |
| Cryptocurrency | 79 | 41 |
| ETF | - | 177 |
TeleTrade
TeleTrade offers a wide range of financial instruments, making it attractive for various categories of investors.
Pros
- A large number of currency pairs.
- Wide selection of CFDs on metals and cryptocurrencies.
Cons
- Some brokers offer more CFDs.
XTB
XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.
Trading Platforms
| Broker | TeleTrade | XTB |
|---|---|---|
| Rating | 4/5 | 4.2/5 |
| Trading Platforms |
|
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TeleTrade
TeleTrade provides excellent trading opportunities, offering two versions of the popular MetaTrader platforms.
Pros
- Support for MetaTrader 4 and 5, popular and reliable platforms.
- Availability on various operating systems and devices.
- Ability to use automated trading robots.
Cons
- Lack of proprietary platform or alternative to MetaTrader.
XTB
XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.
Pros
- A multitude of analytical tools.
- Customizable terminal interface.
- Android mobile app available.
Cons
- Lack of choice between different trading platforms.
- No platform version for iOS devices.
- No desktop version of the platform.
Analytics
| Broker | TeleTrade | XTB |
|---|---|---|
| Rating | 4/5 | 5/5 |
TeleTrade
TeleTrade provides a good range of analytical tools, such as an economic calendar and technical analysis.
Pros
- Includes an economic calendar and updates news.
- Professional market reviews.
- Video analytics available.
Cons
- Lack of trading signals.
- Absence of calculators and technical analysis services.
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
- In-depth analytics, including forecasts from experts and news.
- A wide range of analysis tools, including an economic calendar and trading schedules.
- Analytics available to all users, not only company clients.
Education
| Broker | TeleTrade | XTB |
|---|---|---|
| Rating | 2/5 | 3/5 |
TeleTrade
The educational materials at TeleTrade are limited to articles only, which is not ideal for those seeking comprehensive education. The variety and depth of materials are severely limited.
XTB
XTB's educational materials are limited.
Pros
- Basic trading information is provided.
Cons
- Lack of webinars and detailed video tutorials.
- Not suitable for beginners seeking comprehensive education.
Customer Support
| Broker | TeleTrade | XTB |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
|
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| Hotline Phones |
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| Social Media | — | — |
TeleTrade
TeleTrade's technical support offers a wide range of communication channels and receives positive feedback from clients. Prompt response and quality consultation make this service one of the broker's strong points.
XTB
XTB's technical support is generally good, available 24/5.
Pros
- Operates 24/5.
- Contact options include phone and email.
- Responses to inquiries are received within a reasonable timeframe.
Cons
- Lack of messaging channels for communication.
Comparisons of TeleTrade and XTB with other brokers
Conclusion
XTB stands out as the better overall pick, while TeleTrade trails on aggregate criteria.
XTB scored 4.2/5 and ranks 31 in our rating; TeleTrade has 3.6/5 and ranks 57.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: TeleTrade or XTB?
XTB comes out ahead by overall rank (score 4.2/5, position 31) versus TeleTrade (score 3.6/5, position 57).
Which broker is better for beginners: TeleTrade or XTB?
XTB 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) — TeleTrade 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 TeleTrade and XTB?
TeleTrade: MetaTrader 4, MetaTrader 5. XTB: xStation. See the “Platforms” section for details and selection tips.
What markets can you trade with TeleTrade and XTB?
TeleTrade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Bonds, 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 TeleTrade and XTB?
TeleTrade: Standard, ECN, NDD, TeleTrade Invest. XTB: Standard, Swap Free. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by TeleTrade and XTB?
TeleTrade: Skrill, FasaPay, Perfect Money, WebMoney, Swift, SEPA, Mastercard. XTB: Neteller, Skrill, PaySafeCard, Bank Transfer, Visa, Mastercard, Maestro. Check method-specific fees/settlement times.
Which broker is safer — TeleTrade or XTB — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
