Is eToro better than XTB? After testing 27 of the best forex brokers over five months, XTB is better than eToro. As a trusted multi-asset broker, XTB offers traders outstanding customer service and an excellent trading experience overall thanks to the xStation 5 trading platform.
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XTB vs eToro 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | XTB | eToro |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 92 | 93 |
| XTB Review | eToro Review | |
| Winner | check_circle | |
| 77% of retail CFD accounts lose money | 67% of retail CFD accounts lose money |
Regulation
| Feature | XTB | eToro |
| Trust Score | 92 | 93 |
|
Year Founded |
2002 | 2007 |
|
Publicly Traded (Listed) |
Yes | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
1 | 2 |
|
Tier-2 Licenses |
1 | 1 |
|
Tier-3 Licenses |
1 | 1 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | XTB | eToro |
|
ASIC Authorised (Australia) |
No | Yes |
|
IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
No | No |
|
FSA Authorised (Japan) |
No | No |
|
MAS Authorised (Singapore) |
No | No |
|
FINMA Authorised (Switzerland) |
No | No |
|
FCA Authorised (UK) |
Yes | Yes |
|
CFTC Registered (USA) |
No | No |
Investments
| Feature | XTB | eToro |
|
Forex Trading |
Yes | Yes |
|
CFDs (Total) |
9600 | 2314 |
|
Forex Pairs (Total) |
49 | 47 |
|
Cryptocurrency (Physical) |
No | Yes |
|
Cryptocurrency (CFD) |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
Cost
| Feature | XTB | eToro |
|
Average Spread EUR/USD - Standard |
0.86 (Q2 2020) | 1 (August 2020) |
|
All-in Cost EUR/USD - Active |
0.78 (as of Q3 19) | N/A |
|
Active Trader or VIP Discounts |
Yes | Yes |
Funding
| Feature | XTB | eToro |
|
Minimum Initial Deposit |
$0.00 | $200 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | Yes |
|
PayPal (Deposit/Withdraw) |
Yes | Yes |
|
Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | XTB | eToro |
|
Proprietary Platform |
Yes | Yes |
|
Desktop Platform (Windows) |
Yes | No |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
MetaTrader 4 (MT4) |
Yes | No |
|
MetaTrader 5 (MT5) |
No | No |
|
cTrader |
No | No |
|
DupliTrade |
No | No |
|
ZuluTrade |
No | No |
Trading Tools
| Feature | XTB | eToro |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
8 | 6 |
|
Charting - Indicators / Studies (Total) |
37 | 66 |
|
Charting - Drawing Tools (Total) |
29 | 13 |
|
Charting - Trade From Chart |
Yes | No |
|
Charting - Drawings Autosave |
Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes |
Mobile Trading
| Feature | XTB | eToro |
|
Android App |
Yes | Yes |
|
Apple iOS App |
Yes | Yes |
|
Alerts - Basic Fields |
No | No |
|
Watch List |
Yes | Yes |
|
Watch List Syncing |
No | Yes |
|
Charting - Indicators / Studies |
13 | 5 |
|
Charting - Draw Trendlines |
Yes | No |
|
Charting - Trendlines Moveable |
Yes | No |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | No |
|
Forex Calendar |
Yes | No |
Research
| Feature | XTB | eToro |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | No |
|
Weekly Webinars |
No | No |
|
AutoChartist |
No | No |
|
Trading Central (Recognia) |
No | No |
|
Delkos Research |
No | No |
|
Social Sentiment - Currency Pairs |
Yes | Yes |
|
Economic Calendar |
Yes | Yes |
Education
| Feature | XTB | eToro |
|
Has Education - Forex |
Yes | Yes |
|
Has Education - CFDs |
Yes | No |
|
Client Webinars |
No | Yes |
|
Client Webinars (Archived) |
Yes | No |
|
Videos - Beginner Trading Videos |
Yes | Yes |
|
Videos - Advanced Trading Videos |
Yes | Yes |
|
Investor Dictionary (Glossary) |
No | Yes |
Major Forex Pairs
| Feature | 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 |
Overall
| Feature | XTB | eToro |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 92 | 93 |
| XTB Review | eToro Review |
Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare eToro vs XTB.
Does eToro or XTB offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, XTB offers better pricing overall for traders.
Is eToro or XTB safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. eToro holds 2 global Tier-1 licenses, while XTB holds 1. Both eToro and XTB hold 1 global Tier-2 licenses. All regulators considered, eToro has a Trust Score of 93.00, while XTB's Trust Score is 92.00.
Which trading platform is better: eToro or XTB?
To compare the trading platforms of both eToro and XTB, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XTB offers a better experience. With research, XTB offers superior market research. Finally, we found XTB to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. eToro and XTB both offer copy trading. XTB offers MetaTrader 4 (MT4), while eToro does not.
How many forex pairs and CFDs are available to trade?
XTB provides traders 49 currency pairs (e.g., EUR/USD) compared to eToro's 47 available pairs. Forex pairs aside, XTB offers traders access to 9600 CFDs while eToro has 2314 available CFDs, a difference of 7,286.
Overall winner: XTB
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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
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