GBE brokers vs Xtrade Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare GBE brokers vs Xtrade.
Does GBE brokers or Xtrade 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, GBE brokers offers better pricing overall for traders.
Is GBE brokers or Xtrade 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. Xtrade holds 2 global Tier-1 licenses, while GBE brokers holds 1. Xtrade holds 1 global Tier-2 licenses, while GBE brokers holds 0. In our analysis of 23 international regulators across 50 brokers, Xtrade (80) earned a higher Trust Score than GBE brokers (71).
Which trading platform is better: GBE brokers or Xtrade?
To compare the trading platforms of both GBE brokers and Xtrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, GBE brokers offers a better experience. With research, Xtrade offers superior market research. Finally, we found GBE brokers 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
GBE brokers provides traders 71 currency pairs (e.g., EUR/USD) compared to Xtrade's 56 available pairs. Forex pairs aside, GBE brokers offers traders access to 500 CFDs while Xtrade has 142 available CFDs, a difference of 358.
Can I trust GBE brokers?
GBE brokers is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulator (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulator (Average Risk), and one tier-4 regulator (High Risk). GBE brokers is authorised by the following tier-1 regulators: European Union Authorized (MiFID).
Can I trust Xtrade?
Xtrade is not publicly traded and does not operate a bank. Xtrade is authorised by two tier-1 regulators (highly trusted), one tier-2 regulator (trusted), zero tier-3 regulators (average risk), and one tier-4 regulator (high risk). Xtrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), and the European Union Authorized (MiFID).
Is GBE brokers good?
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.
Is Xtrade good?
Xtrade is regulated in multiple jurisdictions and offers forex and CFD traders its own trading platform, yet with barely 200 symbols that you can trade it trails behind the best forex brokers.
Overall winner: GBE brokers
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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.