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, BelizeUSA, UK, Australia, Cyprus
Minimum Deposit250 US$200 US$
Trading PlatformsMT4, xStation 5eToro platform
Eurusd avg Spread0.8 pips1 pip

Licenses

FeatureXTBeToro
Licenses Countries Info (short)
  • KNF
  • FCA
  • IFSC
  • ASIC
  • CySEC
  • IE Singapore
  • FCA
  • NFA

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
  • 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
  • low spread
  • tight spread
  • hedging
  • scalping
  • beginners
  • floating spread
  • 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

FeatureXTBeToro
Inactivity Feemonth0 $$10
Deposit fee0 $0$
Withdrawal fee0 $5$
Rollover fee eurusd buy 1 lot-0.000940%-0.000129
Rollover fee eurusd sell 1 lot+0.004617%0.000064
Avg Eurusd standard acc0.8 pips1 pip
Gold350.45
Brent oil44
Bitcoin1%0.75%

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
  • Standard Account
  • Swap Free 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

FeatureXTBeToro
Forex5747
Indices4213
Commodities184914
Cryptocurrencies2516
Shares18492042
Bonds
Options
Binary options
Spread betting
Treasuries
Futures
Etfs119151

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
  • WebTrader

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
  • PayPal
  • skrill
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

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 Plus500

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