{"id":4078,"date":"2023-02-15T11:21:23","date_gmt":"2023-02-15T11:21:23","guid":{"rendered":"https:\/\/www.publicfinanceinternational.org\/?p=4078"},"modified":"2024-03-26T13:27:55","modified_gmt":"2024-03-26T13:27:55","slug":"etoro-vs-xtb","status":"publish","type":"post","link":"https:\/\/www.publicfinanceinternational.org\/etoro-vs-xtb\/","title":{"rendered":"eToro vs XTB"},"content":{"rendered":"\n

We will compare eToro to XTB (X-Trade Brokers) on this page. This comparison goes over the pros and cons of both XTB and eToro.<\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
\"XTB
XTB (X-Trade Brokers) is a leading Forex and CFD broker, headquartered in Poland and founded in 2002. The company is listed on the Warsaw stock exchange. XTB provides over 2100 financial markets.<\/td>		\"comparison
eToro is a social\/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions.
Read Full Review<\/a>

Open Account<\/span><\/a><\/div>

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong> You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com\/trading\/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.<\/td><\/tr>
Year founded:<\/strong><\/td><\/tr>
2002<\/td>2006<\/td><\/tr>
Regulated by:<\/strong><\/td><\/tr>
FCA, KNF<\/td>FinCEN, FCA, MiFID, CySec, ASIC<\/td><\/tr>
Headquarters:<\/strong><\/td><\/tr>
Warsaw, Poland<\/td>London UK, Limassol Cyprus, Sydney Australia, USA<\/td><\/tr>
Is a Bank:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Demo Account:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$250<\/td>$50 – $10,000<\/td><\/tr>
Minimum Trade:<\/strong><\/td><\/tr>
varies<\/td>$25 – $1,000<\/td><\/tr>
Islamic Account:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Social\/Copy Trading:<\/strong><\/td><\/tr>
No<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Spread Betting:<\/strong><\/td><\/tr>
No<\/td>No <\/td><\/tr>
Excluded countries:<\/strong><\/td><\/tr>
Venezuela, Bosnia and Herzegovina, Ethiopia, Uganda, Cuba, Yemen, Afghanistan, Laos, India, Indonesia, Pakistan, Syria, Iraq, Iran, United States, Australia, Albania, Kenya, Palestine, Republic of Zimbabwe,
Belize, Belgium, New Zealand, Japan, South Korea, Hong Kong, Mauritius, Israel, Turkey, North Korea, Guyana, Vanuatu, Mozambique, Republic of the Congo, Libya, Macao, Panama, Singapore, Bangladesh<\/td>		133<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Types of Products And Markets Available<\/h2>\n\n\n\n

eToro has more CFDs available as well as real stocks. XTB is primarily a CFD and Forex broker, real stocks are only available to some European countries. <\/p>\n\n\n\n

eToro has a better selection of financial markets available, while XTB is close, but if you are not from the EU, you can't trade real stocks<\/a>.<\/p>\n\n\n\n

Visit eToro<\/a> – {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.<\/strong><\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
Markets Available:<\/strong><\/td><\/tr>
Only CFDs, Forex, Crypto
Real Stocks and ETFs for some European clients<\/td>		Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD)<\/td><\/tr>
CFDs <\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
2386<\/td><\/tr>
Forex Pairs<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f
49<\/td><\/tr>
Stocks<\/strong><\/td><\/tr>
Yes (CFD Only)<\/td>Yes \u2714\ufe0f
2106 <\/td><\/tr>
Cryptocurrencies<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
16<\/td><\/tr>
Commodities<\/strong><\/td><\/tr>
Yes (CFD)<\/td>Yes \u2714\ufe0f
31<\/td><\/tr>
ETFs<\/strong><\/td><\/tr>
Yes (CFD)<\/td>No<\/td><\/tr>
Options<\/strong><\/td><\/tr>
No<\/td>No \u274c<\/td><\/tr>
EFPs<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mutual Funds<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Robo Portfolios<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Trading Platforms<\/h2>\n\n\n\n

Comparing eToro to XTB when it comes to their trading platforms, we give the edge to eToro. eToro fits the needs of most traders, however if you are looking for a more advanced platform, XTB is better. XTB's xStation 5 and xStation Mobile offers advanced tools for advanced traders.<\/p>\n\n\n\n

eToro is better for beginner to intermediate investors, while XTB is better for advanced traders.<\/p>\n\n\n\n

Visit eToro<\/a> here –  {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider<\/strong><\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
Proprietary Platform:<\/strong><\/td><\/tr>
Yes<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Desktop Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No \u274c<\/td><\/tr>
Mobile App:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f
iOS, Android<\/td>		Yes \u2714\ufe0f
iOS, Android<\/td><\/tr>
Web Trading Platform:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
MetaTrader:<\/strong><\/td><\/tr>
Yes<\/td>No<\/td><\/tr>
cTrader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Mirror Trader:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Zulu Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr>
Dupli Trade:<\/strong><\/td><\/tr>
No<\/td>No<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Fees<\/h2>\n\n\n\n

eToro is great as it offers 0% commissions on real stocks, however has higher Forex fees. XTB has low Forex fees and free withdrawals above $100, but high stock CFD fees.<\/p>\n\n\n\n

Overall we pick eToro as the better option considering fees.<\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
Trading Fees:<\/strong><\/td><\/tr>
Yes
Varies<\/td>		Yes
0% Commission on stocks
Spread Varies<\/td><\/tr>
Deposit Fees:<\/strong><\/td><\/tr>
No <\/td>No <\/td><\/tr>
Withdrawal Fees:<\/strong><\/td><\/tr>
$0<\/td>$5 (Bank Transfer)
$5 (Credit Cards, eWallets)<\/td><\/tr>
Overnight Funding:<\/strong><\/td><\/tr>
Yes\/no – depends<\/td>Yes <\/td><\/tr>
Inactivity Fee:<\/strong><\/td><\/tr>
Yes*
\u20ac10
*after 1 year of no trading activity or no deposit in 90 days<\/td>		Yes
$10\/month<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Customer Support<\/h2>\n\n\n\n

Customer support is better at XTB. Their response time is fast, they have great phone support and live chat. eToro customer support is slow. <\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
eMail:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Online Chat:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Phone Support:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>No<\/td><\/tr>
Languages:<\/strong><\/td><\/tr>
Multiple<\/td>15<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Account Funding<\/h2>\n\n\n\n

Account funding is good at both brokers, however eToro has more deposit options.<\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
Deposit Methods:<\/strong><\/td><\/tr>
Credit Cards, PayPal, Skrill, Bank Transfer<\/td>Visa, MasterCard, Skrill, Neteller<\/td><\/tr>
Deposit Fee:<\/strong><\/td><\/tr>
Yes (2% for PayPal and Skrill)<\/td>No \u274c<\/td><\/tr>
Minimum Deposit:<\/strong><\/td><\/tr>
$0<\/td>$50 – $10,000<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Education<\/h2>\n\n\n\n

XTB offers great educational materials. Traders can open a demo account, go through trading platform tutorials and educational videos. Comparing the two, based on education, XTB is the winner.<\/p>\n\n\n\n
XTB<\/th>eToro<\/th><\/tr><\/thead>
Video Tutorials:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr>
Webinars:<\/strong><\/td><\/tr>
Yes \u2714\ufe0f<\/td>Yes \u2714\ufe0f<\/td><\/tr><\/tbody><\/table>\n\n\n\n

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/strong><\/p>\n\n\n\n

Verdict<\/h2>\n\n\n\n

Is eToro better than XTB? <\/p>\n\n\n\n

We found that eToro is better than XTB. They offer a better trading experience overall. XTB only offers CFDs, while eToro offers CFDs, real stocks and and award-winning copy trading platform.<\/p>\n\n\n\n

Read more eToro Comparisons:<\/p>\n\n\n\n