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Trading 212 vs Xtrade 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is Trading 212 better than Xtrade? In our analysis of 23 international regulators across 62 of the best forex brokers, Trading 212 is considered average-risk, with an overall Trust Score of 77 out of 99. Xtrade is considered average-risk, with an overall Trust Score of 80 out of 99. Learn more about Trust Score.

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Overall RatingTrading 212Xtrade
Overall Rating 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 2.5/5 Stars
Offering of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score 77 80
Winner check_circle
Review Trading 212 Review
RegulationTrading 212Xtrade
Trust Score 77 80
Year Founded 2004 2003
Publicly Traded (Listed) No No
Bank No No
Authorised in European Union Yes info No
Tier-1 Licenses 1 1
Tier-2 Licenses 1 2
Tier-3 Licenses 0 1
Tier-1 Licenses (High Trust)Trading 212Xtrade
ASIC Authorised (Australia) No Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)Trading 212Xtrade
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes Yes
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No Yes
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust)Trading 212Xtrade
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No Yes
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
InvestmentsTrading 212Xtrade
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 1785 142
Forex Pairs (Total) 184 56
U.S. Stock Trading (Non CFD) Yes No
Int'l Stock Trading (Non CFD) Yes No
Social Trading / Copy Trading No No
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) No 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).
CostTrading 212Xtrade
Average Spread EUR/USD - Standard N/A -1
All-in Cost EUR/USD - Active N/A -1
Active Trader or VIP Discounts No Yes
Execution: Agency Broker Yes No
Execution: Market Maker Yes Yes
FundingTrading 212Xtrade
Minimum Initial Deposit EUR 10 $250
PayPal (Deposit/Withdraw) Yes No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsTrading 212Xtrade
Proprietary Platform Yes Yes
Desktop Platform (Windows) No No
Web Platform Yes Yes
Social Trading / Copy Trading No No
MetaTrader 4 (MT4) No No
MetaTrader 5 (MT5) No No
cTrader No No
DupliTrade No No
ZuluTrade No No
Trading ToolsTrading 212Xtrade
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes No
Watchlists - Total Fields 5 9
Charting - Indicators / Studies (Total) 45 N/A
Charting - Drawing Tools (Total) 19 18
Charting - Trade From Chart Yes No
Charts can be saved Yes No
Mobile TradingTrading 212Xtrade
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 45 N/A
Mobile Charting - Draw Trendlines Yes No
Mobile Charting - Multiple Time Frames Yes No
Mobile Charting - Drawings Autosave Yes No
Forex Calendar Yes No
ResearchTrading 212Xtrade
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Autochartist No No
Trading Central (Recognia) No No
Social Sentiment - Currency Pairs No No
Economic Calendar Yes Yes
EducationTrading 212Xtrade
Has Education - Forex or CFDs No Yes
Client Webinars No No
Client Webinars (Archived) No No
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos Yes No
Investor Dictionary (Glossary) Yes Yes
Major Forex PairsTrading 212Xtrade
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 Trading 212 Review
OverallTrading 212Xtrade
Overall Rating 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 2.5/5 Stars
Offering of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score 77 80
Winner check_circle
Review Trading 212 Review
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Trading 212 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 Trading 212 vs Xtrade.

Does Trading 212 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, Trading 212 offers better pricing overall for traders.

Is Trading 212 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. Both Trading 212 and Xtrade hold 1 global Tier-1 licenses. Xtrade holds 2 global Tier-2 licenses, while Trading 212 holds 1. In our analysis of 23 international regulators across 50 brokers, Xtrade earned a higher Trust Score than Trading 212.

Which trading platform is better: Trading 212 or Xtrade?

To compare the trading platforms of both Trading 212 and Xtrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, Trading 212 offers superior market research. Finally, we found Trading 212 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?

Trading 212 provides traders 184 currency pairs (e.g., EUR/USD) compared to Xtrade's 56 available pairs. Forex pairs aside, Trading 212 offers traders access to 1785 CFDs while Xtrade has 142 available CFDs, a difference of 1643.

Can I trust Trading 212?

Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Trading 212 is authorised by the following tier-1 regulator: the Financial Conduct Authority (FCA).

Can I trust Xtrade?

Xtrade is not publicly traded and does not operate a bank. Xtrade is authorised by one tier-1 regulator (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust). Xtrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Is Trading 212 good?

Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212โ€™s bid to be considered a top broker.

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: Trading 212

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