Written by ForexBrokers.com
In this head to head comparison of XTB vs eToro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XTB and eToro are both popular online brokers that are publicly traded and were founded in 2002 and 2007, respectively. Neither operates as a bank, but they maintain high standards for trust and security as evidenced by their ForexBrokers.com Trust Scores. Both XTB and eToro boast impressive Trust Scores of 96 out of 99, classifying them as highly trusted platforms for online trading.
In terms of regulatory credentials, XTB holds two Tier-1 licenses and two Tier-2 licenses, while eToro holds three Tier-1 licenses and one Tier-2 license. Tier-1 licenses are the most esteemed, providing an extra layer of trust when choosing a broker. This comparable regulatory standing, alongside their high trust ratings, makes both brokers reliable choices for users looking for secure trading platforms.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Year Founded | 2002 | 2007 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of XTB and eToro, both brokers earn a commendable rating of 4.5 stars but differ in their offerings and appeal. XTB provides a Standard account with spread-only pricing and a commission-based Professional account for elected professionals in the U.K. and Europe. With an average spread of 1 pip for EUR/USD, XTB's pricing aligns with industry standards, though it doesn't lead the pack. The Standard account suits most retail traders as the Pro account is less accessible to new clients. Notably, XTB ranks #11 out of 63 in the Commissions and Fees category according to ForexBrokers.com.
eToro, a market-maker known for its social copy trading platform rather than low trading fees, also lists a typical 1 pip spread for EUR/USD. The trading experience at eToro is enhanced through its eToro Club, which features five VIP account tiers, offering various perks based on the account balance. Benefits range from access to advanced trading tools to discounted fees and personal account managers. eToro's commission and fee offering gives it a rank of #22 in ForexBrokers.com’s list.
In conclusion, while both XTB and eToro offer competitive star ratings, their fee structures cater to different trader needs. XTB provides a straightforward pricing model with attractive active trader discounts, especially for those fitting the elective professional category. Meanwhile, eToro enhances its traders' experience by focusing on VIP services beyond just spreads, making it an enticing option for those interested in social trading and additional trading perks.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Minimum Deposit | $0 | $50-$10,000 |
| Average Spread EUR/USD - Standard | 1.00 | 1 |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing XTB to eToro for their range of investments, both brokers offer substantial options for traders, though there are notable differences. XTB provides access to a wide variety of 7,184 tradeable symbols, including 71 forex pairs. Conversely, eToro offers 5,461 tradeable symbols with 55 forex pairs available. Both platforms allow clients to trade exchange-listed securities on U.S. and international exchanges, ensuring you can invest in popular stocks like Apple or Vodafone. However, if you're looking into copy trading, eToro has a distinctive edge with its copy trading feature, whereas XTB does not offer this service.
For cryptocurrency investments, eToro allows the purchase of actual cryptocurrencies, unlike XTB which only permits trading in cryptocurrency derivatives. Both brokers provide forex trading through CFDs or spot contracts. In terms of rankings for their range of investments, XTB holds a high regard with a five-star rating and ranks #14 out of 63 brokers, while eToro also achieves a five-star rating and is ranked slightly higher, securing the #10 spot. Both platforms offer substantial investment opportunities, but eToro's additional copy trading and cryptocurrency delivery options may cater better to certain investor needs.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 5461 |
| Forex Pairs (Total) | 71 | 55 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | Yes |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When it comes to comparing trading platforms and tools, both XTB and eToro offer solid options, each with its own unique strengths. Both brokers provide free virtual demo accounts, allowing users to practice trading risk-free. Each has developed its own proprietary platform that can be accessed via a web-based interface, but XTB additionally offers a Windows-based desktop download, which eToro doesn't provide. In terms of trading from charts, XTB has the advantage, allowing users to execute trades directly from stock charts, whereas eToro does not have this capability. However, when it comes to charting tools, eToro shines with 161 drawing tools compared to XTB's 32, offering more flexibility for technical analysis.
Copy trading is a significant feature where eToro outpaces XTB, providing an ecosystem where users can mimic the strategies of successful traders, while XTB does not support this feature. Neither broker offers MetaTrader 4 or 5, nor do they support third-party platforms such as DupliTrade or ZuluTrade. For watch list customization, XTB edges out eToro slightly with the ability to incorporate 8 columns compared to eToro's 6. Both brokers hold a commendable rating of 4.5 stars in trading platforms and tools, with eToro marginally outranking XTB according to ForexBrokers.com, securing the 8th spot out of 63, with XTB trailing at 9th place.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 104 |
| Charting - Drawing Tools (Total) | 32 | 161 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 8 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of XTB and eToro, both platforms offer iPhone and Android apps with robust functionality. They provide essential features like stock or forex price alerts and the ability to create watchlists with real-time quotes. However, differences emerge when considering charting capabilities and customization. XTB's app stands out with its 39 technical studies and the unique ability to draw trendlines directly on charts, alongside viewing multiple time frames. Notably, XTB also allows auto-saving of chart drawings, ensuring consistent tracking of your analysis. In contrast, eToro boasts a larger selection of 104 technical studies but lacks trendline drawing and auto-saving features, potentially requiring more manual inputs for avid chartists.
For those who rely heavily on syncing watchlist data across devices, eToro offers seamless syncing between the mobile app and online account, a feature absent in XTB. Despite this, both apps enjoy high ratings of 4.5 stars. When benchmarked by ForexBrokers.com, XTB claims a slight edge, ranking #8 compared to eToro's #10 in the Mobile Trading Apps category. Whether you prioritize charting features or syncing capabilities can influence your choice between these two highly rated brokers.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 104 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both XTB and eToro present traders with valuable tools and insights. They each provide daily market commentary and comprehensive economic calendars to track global events. However, XTB stands out with its access to forex news from top-tier sources like Bloomberg and Reuters, while eToro does not offer such a feature. Additionally, XTB boasts a sentiment-based trading tool, allowing traders to see the ratio of long and short positions. Even though neither broker offers tools from Autochartist or Acuity Trading, eToro offers access to Trading Central for technical analysis and TipRanks for market insights, areas where XTB does not compete.
Despite eToro's competitive offerings, XTB secures a stronger rating in research, earning 5 stars compared to eToro's 4.5 stars, according to ForexBrokers.com. The rank also reflects this, with XTB positioned at #7 among 63 brokers, while eToro is at #13. This distinction highlights XTB's superior research standing in the trading community, making it a slightly more appealing choice for traders seeking extensive market insights.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | Yes |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners offered by online brokers, both XTB and eToro provide ample materials to help you get started with forex and CFDs trading. Each platform boasts more than 10 educational pieces, including articles, videos, and archived webinars, focusing on these subjects. Additionally, both brokers host regular monthly webinars and provide access to a searchable archive of recorded sessions, allowing beginners to learn at their own pace. For those new to trading, there are also at least 10 beginner-focused educational videos available on each platform, complemented by advanced topic videos aimed at more experienced traders.
Despite offering similar foundational resources, eToro edges out XTB with additional learning tools, such as an investor dictionary with over 50 trading terms clearly explained, a feature XTB lacks. Yet, when rated for their educational offerings, XTB maintains a slight advantage with a 5-star rating, compared to eToro's 4.5 stars. In terms of ranking among 63 brokers evaluated by ForexBrokers.com specifically for education, eToro holds a higher position at #5, whereas XTB is ranked at #11. Overall, both brokers provide a strong education infrastructure, but eToro may offer a bit more in terms of supplementary learning tools for those who are just starting out.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than eToro. XTB finished with an overall rank of #7, while eToro finished with an overall rank of #9.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 96 |
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While both XTB and eToro provide the option to trade cryptocurrency derivatives, eToro stands out by also offering the ability to purchase actual delivered cryptocurrencies, unlike XTB.
When comparing online brokers XTB and eToro, both offer PayPal, Skrill, Visa/Mastercard, and bank wire transfers as options to deposit or withdraw funds, while eToro additionally provides ACH and SEPA transfers, which XTB does not offer.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | XTB | eToro | |
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| Trust Score | 96 | 96 | |
| Winner | check_circle | ||
| Review | XTB Review | eToro Review |
| Broker Screenshots | XTB | eToro | |
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| Regulation | XTB | eToro | |
|---|---|---|---|
| Trust Score | 96 | 96 | |
| Year Founded | 2002 | 2007 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | eToro | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XTB | eToro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | eToro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 5461 | |
| Forex Pairs (Total) | 71 | 55 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | Yes | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | XTB | eToro | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 1 | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | eToro | |
|---|---|---|---|
| Minimum Deposit | $0 | $50-$10,000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | XTB | eToro | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | eToro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 6 | |
| Charting - Indicators / Studies (Total) | 39 | 104 | |
| Charting - Drawing Tools (Total) | 32 | 161 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | eToro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 104 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | XTB | eToro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | Yes | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | eToro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XTB | eToro | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | XTB Review | eToro Review |
| Overall | XTB | eToro | |
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| Trust Score | 96 | 96 | |
| Winner | check_circle | ||
| Review | XTB Review | eToro Review |
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