Compare Plus500 Vs XTB: Which is the Better Forex Broker in 2024?
Plus500 Vs XTB, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Plus500 Vs XTB, here is the direct comparison:
Feature | Plus500 | XTB |
General Rating |
1.00/5 |
2.34/5 |
|
Score | 57 | 64 | |
Trustpilot |
3.5/5 1407 users |
3.8/5 1030 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 2008 | 2002 | |
💲 Min Deposit | $100 | $0 | |
⚖ Max Leverage | 1:300 | 1:30 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | |||
💡 Min Position | 0.005 lot | 0.01 lot |
💳 Payment | PayPal, Skrill, Wire transfer, Credit/debit cards, BPAY, iDEAL, SOFORT, giropay and Przelewy24 | PayPal, Skrill, Wire transfer, Credit/debit cards and Neteller | |
🏢 Office(s) |
|
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Croatian, Hungarian, Icelandic, Italian, Hebrew, Japanese, Korean, Lithuanian, Latvian/Lettish, Malay, Mal | Arabic, German, English, Spanish, French, Hungarian, Italian, Portuguese, Slovenian, Turkish, Chinese |
🚪 Trade Now | Open Plus500 | Open XTB |
Testimonials
-
Plus500: There's no problem actually with their deposit process, but need...
-
Plus500: They have a simple program. As a newbie in the...
-
Plus500: For my 1st experience with broker, Plus500 have a very...
-
Plus500: Plus500 don't like it if their trader makes a lot...
-
Plus500: For almost 4 weeks they prevent me to withdraw my...
-
Plus500: There's no problem actually with their deposit process, but need...
-
Plus500: They have a simple program. As a newbie in the...
-
Plus500: For my 1st experience with broker, Plus500 have a very...
-
Plus500: Plus500 don't like it if their trader makes a lot...
-
Plus500: For almost 4 weeks they prevent me to withdraw my...
-
XTB: I have problem with withdrawal process. They keep coming up...
-
XTB: Very good presentation as always and informative. Good, friendly and...
-
XTB: The customer support helped me through the account opening process...
-
XTB: Sessions on trading classes should be longer to have more...
-
XTB: Poor execution, very high slippage. Platform freezing is very common.
-
Plus500: There's no problem actually with their deposit process, but need...
-
See More Plus500 Testimonials
-
See More XTB Testimonials
News
-
Polish Fintech Giant XTB Expands to Indonesia
-
Plus500 Expands in Israel: Bigger HQ and More Jobs
-
XTB UK Sees Client Boom: Active Users Up 90% in 2023
-
Plus500 Boosts Shareholder Value with $100 Million Share Buyback
-
XTB Launches Crypto ETNs amid Bitcoin ETF Demand Surge
-
XTB Sets Sights on £400 Billion UK Market with Upcoming ISA Application
-
XTB Forex Broker Boosts UK ETF Investments with New Auto-Invest Feature
-
Kathleen Brooks Joins XTB UK as Research Director, Boosting Financial Expertise
-
XTB Forex Broker Introduces ETF Investment Plans in UAE
-
Forex Broker Plus500 Surpasses Expectations with $725M in Revenues
Articles
More Comparisons
- Admirals vs FP Markets
- Tickmill vs HF Markets
- FXOpen vs OANDA
- XM vs Dukascopy
- Interactive Brokers vs Axi
- JustMarkets vs FXTM
- FirewoodFX vs Pepperstone
- Exness vs Blueberry Markets
- IC Markets vs MTrading
- easyMarkets vs FBS
- Vantage Markets vs AvaTrade
- Octa vs RoboForex
- ThinkMarkets vs InstaForex
- LiteFinance vs eToro
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Plus500 provides their pricing with Fixed spread while XTB offers Variable spread.
Plus500 vs XTB: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Plus500 enables trading with Plus500 Windows Trader, Plus500 WebTrader. The offer is supported with Trailing stop, Pending orders. In comparison, XTB provides trading with MetaTrader 4, xStation with the support of Pending orders.
Is Plus500 or XTB better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Plus500 supports trading with Forex, Gold & silver, CFD, Oil, Stocks, Options, Indexes, Metals, Energies, ETF, Spread betting, Crypto, while XTB presents the ability of trading with Forex, Gold & silver, CFD, Oil, Indexes, Agriculture, Soft commodities, Metals, Energies.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Plus500 and XTB:
- Compare Plus500 vs Array
- Compare Plus500 vs Array
- Compare Plus500 vs Array
- Compare XTB vs Array
- Compare XTB vs Array
- Compare XTB vs Array
For more comparisons, visit this page.