Written by ForexBrokers.com
In this head to head comparison of GBE brokers 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.
GBE brokers and Xtrade are both established online brokers, with GBE brokers founded in 2013 and Xtrade in 2003. Neither company is publicly traded or operates as a bank. When considering their regulatory information, both brokers have one Tier-1 license, which denotes a high level of trust according to ForexBrokers.com. However, while Xtrade also holds a Tier-2 license, GBE brokers does not, highlighting a slight advantage for Xtrade in terms of regulatory trustworthiness.
In terms of overall trust rating, GBE brokers scores a 71 out of 99 on ForexBrokers.com's Trust Score, which places it in the average risk category. Xtrade scores slightly higher with a 74, still within the average risk range but nearing the trusted category. These scores suggest that while both brokers maintain a sufficient level of trust, Xtrade may offer a marginally more reassuring option for those concerned with regulatory trust when selecting an online broker.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Year Founded | 2013 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees at GBE brokers versus Xtrade, published average spread data isn’t available for either broker. Without that benchmark, it’s harder to do a side‑by‑side cost breakdown from spreads alone, so it’s wise to check each broker’s account types, financing/overnight charges, and any non-trading fees.
Ratings from ForexBrokers.com point to a clear gap: GBE brokers earns 4 out of 5 stars and ranks 38th out of 63 brokers for Commissions and Fees, while Xtrade scores 2.5 out of 5 stars and ranks 64th out of 63. In plain terms, GBE brokers is evaluated as the better-priced option overall, whereas Xtrade sits at the back of the pack on pricing.
Given the lack of average spread data, prospective clients should review each broker’s fee disclosures and test live or demo conditions to confirm the total trading costs they can expect.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $1000 | $250 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | 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 the range of investments at GBE brokers and Xtrade, both support forex trading offered as CFDs or spot contracts. GBE brokers lists about 500 tradable symbols versus Xtrade’s 482, and GBE brokers offers 71 forex pairs compared with 56 at Xtrade. Neither broker lets you buy real, exchange-traded shares on U.S. or international exchanges, and neither supports buying actual cryptocurrency. However, both provide access to cryptocurrency derivatives.
One notable difference is copy trading: GBE brokers offers it, while Xtrade does not. In independent assessments of range of investments, both brokers earn 3.5 out of 5 stars. According to ForexBrokers.com, GBE brokers ranks 45th out of 63 brokers in this category, while Xtrade ranks 50th. If you value a few more symbols, more forex pairs, and copy trading, GBE brokers has a slight edge; otherwise the two are broadly similar.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 482 |
| Forex Pairs (Total) | 71 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | 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.
GBE brokers and Xtrade both let you practice with a free demo (paper) account. For trading platforms, GBE brokers does not have its own system; instead, it supports MetaTrader 4 and MetaTrader 5, available on Windows desktop and in the web browser. Xtrade offers its own proprietary web platform but does not provide a Windows desktop download, and it does not support MT4 or MT5. Both firms provide web-based trading and let you place orders straight from a price chart. Copy trading is available at GBE brokers, while Xtrade does not offer copy trading. Neither supports DupliTrade or ZuluTrade.
In charting and watchlists, GBE brokers includes 15 drawing tools, while Xtrade lists 100 drawing tools, and both allow trade-from-chart. Watchlists offer 7 columns at GBE brokers versus 9 at Xtrade. For Trading Platforms and Tools, GBE brokers is rated 4 stars and ranks #58 out of 63 brokers (ForexBrokers.com), while Xtrade is rated 3.5 stars and ranks #59. Choose GBE brokers if you want MetaTrader, copy trading, and a Windows desktop app; pick Xtrade if you prefer a broker-built web platform with more drawing tools.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
GBE brokers and Xtrade both offer iPhone and Android trading apps. GBE brokers includes price alerts and lets you build watchlists with real-time quotes, though watchlists don’t sync with the web platform; Xtrade does not offer price alerts or real-time watchlists, and it also lacks watchlist syncing.
For charting, GBE brokers supplies 30 technical indicators, supports trendline drawing, multiple time frames (intraday to weekly), and auto-saves your drawings. Xtrade’s app does not list a set of technical indicators and doesn’t support trendlines, multiple time frames, or auto-saving drawings. Despite these differences, both are rated 4 out of 5 stars for mobile trading apps; in ForexBrokers.com’s 63-broker comparison, Xtrade ranks #54 and GBE brokers ranks #58.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing market research at GBE Brokers and Xtrade: both brokers provide daily market commentary and a global economic calendar, covering the basics for keeping up with events. Xtrade stands out by streaming forex news from top-tier sources like Bloomberg or Reuters, while GBE Brokers does not. Neither broker includes Autochartist or Trading Central tools. According to ForexBrokers.com, Xtrade earns a 3.5 out of 5 research rating and ranks 53rd of 63 brokers, whereas GBE Brokers scores 3 out of 5 and ranks 63rd.
For extra tools, GBE Brokers offers a sentiment gauge showing the ratio of long vs. short positions, which Xtrade lacks. Xtrade does not provide TipRanks or Acuity Trading research; for GBE Brokers, TipRanks and Acuity availability isn’t clearly stated. In short, choose Xtrade if integrated, high-quality news matters most; pick GBE Brokers if trader sentiment is a key part of your workflow.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing forex and CFD education, Xtrade offers more learning material than GBE brokers. Xtrade meets the benchmark of at least 10 forex/CFD educational pieces, while GBE brokers does not. Neither broker hosts monthly client webinars or maintains a searchable archive of past sessions, and both fall short of offering at least 10 beginner videos or 10 advanced videos. If you’re seeking structured content like articles and videos to learn the basics, Xtrade provides a clearer starting point.
Xtrade also includes an investor dictionary with 50+ terms to help newcomers learn market language, a feature GBE brokers lacks. These differences are reflected in independent ratings: GBE brokers earns 3 stars for Education, while Xtrade scores 3.5 stars. In the Education category from ForexBrokers.com, GBE brokers ranks 64th and Xtrade ranks 46th. Overall, Xtrade edges ahead for accessible, beginner-friendly learning tools, whereas GBE brokers may require supplementing with outside resources.
| Feature |
GBE brokers
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| 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 GBE brokers is better than Xtrade. GBE brokers finished with an overall rank of #57, while Xtrade finished with an overall rank of #60.
GBE offers 500 tradeable symbols from its CySEC-regulated entity in Cyprus, but lacks additional regulatory licenses which hampers its Trust Score, compared to leading multi-asset brokers.
| Feature |
GBE brokers
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Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 74 |
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Both GBE Brokers and Xtrade do not provide the option to purchase actual cryptocurrency (delivered), but both offer the ability to buy cryptocurrency derivatives.
GBE Brokers provides a wider range of deposit and withdrawal options, including ACH, SEPA, PayPal, Skrill, Visa/Mastercard, and bank wires, while Xtrade offers fewer options, excluding ACH, SEPA, and PayPal, but supports Skrill, Visa/Mastercard, and bank wires.
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 | GBE brokers | Xtrade | |
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| Trust Score | 71 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | GBE brokers | Xtrade | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | GBE brokers | Xtrade | |
|---|---|---|---|
| Trust Score | 71 | 74 | |
| Year Founded | 2013 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | GBE brokers | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | GBE brokers | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | GBE brokers | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 482 | |
| Forex Pairs (Total) | 71 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | 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 | GBE brokers | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | GBE brokers | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $1000 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | GBE brokers | Xtrade | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | GBE brokers | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | GBE brokers | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | GBE brokers | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | GBE brokers | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | GBE brokers | 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 | Xtrade Review |
| Overall | GBE brokers | Xtrade | |
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| Trust Score | 71 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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