XTB vs FXOpen Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare XTB vs FXOpen.
Does XTB or FXOpen 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 XTB or FXOpen safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. XTB holds 3 global Tier-2 licenses, while FXOpen holds 1. In our analysis of 23 international regulators across 50 brokers, XTB earned a higher Trust Score than FXOpen.
Which trading platform is better: XTB or FXOpen?
To compare the trading platforms of both XTB and FXOpen, 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. Both XTB and FXOpen offer MetaTrader 4 (MT4).XTB and FXOpen both offer copy trading.
How many forex pairs and CFDs are available to trade?
XTB provides traders 49 currency pairs (e.g., EUR/USD) compared to FXOpen's 25 available pairs. Forex pairs aside, XTB offers traders access to 10000 CFDs while FXOpen has 87 available CFDs, a difference of 9913.
Can I trust XTB?
XTB is a publicly traded company that is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). XTB is authorised by the following tier-1 regulator: Financial Conduct Authority (FCA).
Can I trust FXOpen?
FXOpen is not a publicly traded company, doesn't operate a bank, and is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FXOpen is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is XTB good?
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 comprehensive educational content and research helped the broker finish Best in Class for Research in 2022.
Is FXOpen good?
FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.
Overall winner: XTB
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