XTB vs eToro

XTB
eToro

Compare XTB vs eToro Side by Side

Can’t pick between XTB and eToro and have doubts of which broker is actually better? Use our detailed guide of XTB Review vs eToro Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeatureXTBeToro
Website//www.xtb.com//www.etoro.com
Founded year20022006
HeadquarterUKIsrael
LicensesUK, Poland, Belize, SpainUK, Australia, Cyprus, Seychelles
Minimum DepositUS$ 050 US$
Trading PlatformsMT4, xStation 5eToro platform
Eurusd avg Spread0.8 pips0.97 pip

Licenses

FeatureXTBeToro
Licenses Countries Info (short)
  • KNF
  • CNMV
  • FCA
  • IFSC
  • ASIC
  • CySEC
  • FCA
  • FSA

eToro definitely has an obvious advantage when it comes to licensing, as it holds multiple licenses from top-tier regulators in the UK, US and Australia, increasing its traders audience and providing services in more regions. While XTB holds UK license and additional two in Poland and Belize.

Broker Types

FeatureXTBeToro
Broker types
  • STP
  • NDD
  • OTC
  • OTC
  • Market Making

eToro is a Market Maker which is a great opportunity for beginning traders and some strategies due to its stability of a preset fee or spread. While XTB is an STP/NDD Broker is better for price transparency.

Trading Conditions

FeatureXTBeToro
Trading Conditions
  • beginners
  • fixed spread
  • floating spread
  • guaranteed stop loss
  • low spread
  • high leverage
  • tight spread
  • zero spread
  • auto
  • copy trade
  • expert advisor
  • hedging
  • scalping
  • social trading
  • beginners
  • fixed spread
  • floating spread
  • low spread
  • high leverage
  • tight spread
  • auto
  • copy trade
  • hedging
  • social trading

Both XTB vs eToro brokers are suitable for beginner traders or professionals with bigger size trading. However, there is a slight advantage to eToro for offering copy and social trading for its traders.

Fees & Commissions

Fees & CommissionsXTBeToro
Inactivity Feemonth$10$10
Deposit fee0 $0$
Withdrawal fee0 $5$
Rollover fee eurusd buy 1 lot-0.000940%-0.00008269
Rollover fee eurusd sell 1 lot+0.004617%0.00001841
Avg Eurusd standard acc0.8 pips0.97 pip
Gold354.5
Brent oil45
Bitcoin1%102.71

XTB does not charge any additional fees such as inactivity fee or deposit/withdrawal fees, while eToro’s fees remain considerably elevated. In addition, XTB also has lower fees compared to the ones offered by eToro.

Account Types

FeatureXTBeToro
Account types
  • Standard Account
  • Islamic Account
  • Swap Free Account
  • PAMM Account
  • Standard Account
  • Islamic Account
  • Swap Free Account
  • MAM Account
  • PAMM Account

While both XTB vs eToro offer Standard accounts, eToro additionally offers a Swap Free Account, which allows traders to open long-term positions, and XTB has an Islamic Account to offer for traders following Sharia laws with suited conditions and applicable laws available.

Markets & Instruments

Markets & InstrumentsXTBeToro
Forex5752
Indices4221
Commodities184932
Cryptocurrencies2574
Shares18493203
Bonds
Options
Binary options
Spread betting
Treasuries
Futures
Etfs119325

Both XTB vs eToro offer the same set of Trading Instruments, the slight advantage goes to XTB for having a larger offering in Commodities and Indices. 

Trading Platforms

FeatureXTBeToro
Platforms
  • own platform
  • MetaTrader 4
  • own platform

Both XTB vs eToro offer proprietary Trading Platforms, and both offer additional platforms. The only difference here and probably the advantage for XTb is that MetaTrder4 is present in its offer that gives and opportunity to execute the orders with its advanced chartings and tools.

Deposit & Withdrawal Methods

FeatureXTBeToro
Payment methods
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • Yandex Money
  • webmoney
  • GIROPAY

XTB vs eToro deposit methods are similar, the range of supported methods are alike. The only small gap is eToro withdrawal fee, while XTB has none.

Others

FeatureXTBeToro
Others
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability

Others

The level of customer support for both XTB vs eToro stays at a high level and satisfies all the traders needs when it comes to live chats, phones, emails, etc. Both brokers developed comprehensive educational materials including webinars, learning guides and other supporting sources. There’s a minor disadvantage as we found eToro’s education materials and videos are not super comprehensive and rather medium or basic level.

Conclusion on eToro vs XTB

Concluding XTB vs eToro comparison we found both brokers reliable and trustable with solid regulation and background. These brokers have similar min deposit requirements, both provide a wide range of trading instruments with good costs. However, we would give the preference to eToro for having a better regulatory backup and for offering social trading (and relatively better trading conditions). Here is our final recommendation:

  • XTB – 🥇 Best MT4 STP Brokerthat guarantees true STP Trading environment and delivers fair dealing conditions.
  • eToro – 🥇 Best Broker for Social trading for a number of top traders and Best Industry Social Trading Broker