Written by ForexBrokers.com
In this head to head comparison of eToro vs Xtrade, 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.
Comparing eToro vs. Xtrade on trust and regulation: eToro was founded in 2007 and is publicly traded, while Xtrade started in 2003 and is not publicly traded. Neither company is a bank. According to ForexBrokers.com, eToro holds a Trust Score of 96/99 (90–99 = highly trusted), whereas Xtrade scores 74/99 (70–79 = average risk).
In terms of licenses, eToro has 4 Tier-1 licenses (considered highly trusted by ForexBrokers.com) and 1 Tier-2 license (trusted). Xtrade holds 1 Tier-1 and 1 Tier-2 license. This wider top-tier oversight helps explain eToro’s higher Trust Score compared to Xtrade.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Year Founded | 2007 | 2003 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, eToro is a market-maker that quotes a typical variable spread of 1 pip on EUR/USD, which is slightly above the industry average. Many traders choose eToro more for its social copy trading features than for the tightest spreads. Xtrade does not provide average spread data, making like-for-like price comparisons harder. Based on our ratings, eToro scores 4.5 out of 5 stars for commissions and fees and ranks #23 out of 63 brokers on ForexBrokers.com, while Xtrade scores 2.5 out of 5 stars and ranks #64 out of 63.
For high-balance clients, eToro offers a five-tier VIP Club (Silver to Diamond) for balances from $5,000 to $250,000, with benefits such as Trading Central access, discounted deposit and withdrawal fees, and a dedicated account manager. These perks can reduce some non-trading costs, though they don’t change eToro’s underlying spreads. With Xtrade’s average spread data unavailable, prospective users should review its current fee disclosures directly and factor in spreads, financing rates, and any account fees when comparing overall costs.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $250 |
| Average Spread EUR/USD - Standard | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing eToro vs Xtrade for range of investments: eToro delivers a much wider selection with 7,441 tradeable symbols versus Xtrade’s 482. Both support forex trading, and while eToro lists 55 forex pairs, Xtrade edges it with 56. A key difference is stock access: eToro lets you buy exchange-traded securities (not just CFDs) on both U.S. and international exchanges, whereas Xtrade does not. eToro also offers copy trading, which Xtrade lacks.
For crypto, eToro lets you buy actual coins as well as crypto derivatives, while Xtrade only offers crypto derivatives. Reflecting this breadth, eToro earns 5 stars and ranks #11 out of 63 for Range of Investments, compared with Xtrade’s 3.5 stars and #50 ranking. In short, eToro suits investors seeking more markets, real share ownership, and copy trading, while Xtrade fits traders who mainly want CFDs and a straightforward set of forex pairs.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 482 |
| Forex Pairs (Total) | 55 | 56 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | Yes | No |
| 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.
Comparing eToro vs Xtrade on trading platforms and tools: both brokers provide a free demo (paper) account and run proprietary, web-based platforms, so you can trade in your browser without installing software. Neither supports a Windows desktop download, and both skip MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each broker lets you place trades directly from charts. The key difference is social features: eToro offers copy trading, while Xtrade does not.
For quality of tools, eToro is rated 4.5 out of 5 stars versus Xtrade’s 3.5 out of 5. In category rankings from ForexBrokers.com, eToro sits at #8 of 63 brokers, while Xtrade is #59. If copy trading and higher-rated web tools matter to you, eToro stands out; if you just need a simple, browser-based platform with a demo account, Xtrade covers the basics.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 106 | N/A |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Xtrade offer iPhone and Android trading apps. In independent testing by ForexBrokers.com, eToro’s mobile app earned 4.5 stars and ranked #10 out of 63 brokers, while Xtrade’s app earned 4 stars and ranked #54. eToro stands out for price alerts, watchlist syncing between mobile and web, real-time quote watchlists, and the ability to switch chart time frames (intraday, daily, weekly). Xtrade does not include price alerts, watchlist syncing, real-time quote watchlists, or multiple chart time frames.
For charting, eToro provides 104 technical studies, though neither eToro nor Xtrade supports drawing trendlines or auto-saving chart drawings. Xtrade does not list how many studies its app includes. Bottom line: if you want alerts, synced watchlists, and richer chart options, eToro’s mobile app is the stronger pick; if you only need basic trading on iOS and Android, Xtrade covers the essentials.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | N/A |
| Mobile Charting - Draw Trendlines | No | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
eToro and Xtrade both cover the essentials for market research. Each offers daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and an economic calendar for tracking upcoming events. Neither includes Autochartist or Acuity Trading tools. In independent ratings, eToro scores 4.5 out of 5 stars and ranks #13 out of 63 brokers for Research, while Xtrade earns 3.5 stars and ranks #53.
The key differences favor eToro: it adds Trading Central analytics, a sentiment tool that shows the ratio of long vs. short positions, and TipRanks insights—none of which are available on Xtrade. If you want basic news and calendars, both platforms fit the bill; if you prefer added analysis, trading signals, and sentiment data to guide decisions, eToro is the stronger choice.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
eToro vs Xtrade education for beginners: eToro stands out with ongoing client webinars (at least one per month) and a large video library that includes 10+ beginner videos and 10+ advanced videos on trading topics. Xtrade does not host monthly webinars and does not meet the 10-video threshold for either beginner or advanced content. Whether either broker provides a searchable archive of past webinars, an investor dictionary with 50+ terms, or at least 10 forex/CFD-focused articles or videos is not specified. Reflecting these differences, eToro earns 4.5/5 stars for Education and ranks #5 of 63 brokers on ForexBrokers.com, while Xtrade earns 3.5/5 stars and ranks #46 of 63.
For new traders who want regular live learning and a deeper video curriculum, eToro is likely the better fit. If you only need basic materials, Xtrade may suffice, but be aware of the fewer videos and lack of monthly webinars. Because some items are not specified (forex/CFD education volume, webinar archives, and investor dictionaries), it’s wise to check each broker’s education page for the latest details.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Xtrade. eToro finished with an overall rank of #9, while Xtrade finished with an overall rank of #60.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 74 |
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eToro allows users to buy both actual cryptocurrencies and cryptocurrency derivatives, while Xtrade only provides options for trading cryptocurrency derivatives, not the actual cryptocurrencies.
eToro stands out as an online broker by offering ACH, SEPA transfers, and PayPal as deposit and withdrawal options, whereas Xtrade does not provide either ACH, SEPA transfers, or PayPal, but both eToro and Xtrade support Skrill, Visa, Mastercard, and bank wire transactions.
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 | eToro | Xtrade | |
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| Trust Score | 96 | 74 | |
| Winner | check_circle | ||
| Review | eToro Review | Xtrade Review |
| Broker Screenshots | eToro | Xtrade | |
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| Regulation | eToro | Xtrade | |
|---|---|---|---|
| Trust Score | 96 | 74 | |
| Year Founded | 2007 | 2003 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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) | eToro | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 482 | |
| Forex Pairs (Total) | 55 | 56 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | Yes | No | |
| 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 | eToro | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Xtrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | eToro | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 106 | N/A | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | eToro | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | N/A | |
| Mobile Charting - Draw Trendlines | No | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | No |
| Research | eToro | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | Yes | No | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | eToro | Xtrade | |
|---|---|---|---|
| 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 | eToro Review | Xtrade Review |
| Overall | eToro | Xtrade | |
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| Trust Score | 96 | 74 | |
| Winner | check_circle | ||
| Review | eToro Review | Xtrade Review |
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