eToro vs XTB: Which One is Better for You?


eToro 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 eToro vs XTB, here is the direct comparison:

Feature
Go to eToro

Go to XTB

Rating

General Rating 3.87/5
4.54/5
Trustpilot 2.2/5

rated by 2 users
4.1/5

rated by 353 users

General Information

Office(s) China, Cyprus and United Kingdom Austria, Belgium, Czech Republic, France, Germany, Greece, Hungary, Italy, Netherlands, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Turkey and United Kingdom
Regulation ASIC 491139
CySEC, 109/10
FCA (UK), FRN 583263
FINRA, 298361/SEC#: 8-70212
CNMV (Spain) 40
Czech National Bank, 56720
FCA (UK), 522157
FSA (Poland), 0000217580
IFSC (Belize), IFSC/60/413/TS/19
Established 2007 2002
Minimum Deposit $200 $1
Maximum Leverage 1:400 1:30
Spread Fixed Variable
Commissions
Minimum Position 0.1 lot 0.01 lot
Payment Credit/debit cards, Neteller, PayPal, Skrill, UnionPay, WebMoney, Wire transfer and Yandex.Money Credit/debit cards, Neteller, PayPal, paysafecard, Skrill and Wire transfer
Official Website Visit eToro Visit XTB

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Arabic, Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Norwegian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish Chinese, English, Italian, Spanish
Email Support
Call Support
Chat Support

Reviews

General Review Read eToro Review Read XTB Review
User Reviews

jedi90

Oct 8 2020

Terrible customer service. I’ve spent 2 weeks waiting to get verified. Its saying that by depositing money it will be faster, i do not believe this. What means if you deposit it’s faster?? You have to verify asap after you’re seeing that i have uploaded my documents, money doesn’t sleep, I’m loosing money while waiting. Got my account activated 4 weeks later.


Jason Crown

Sep 24 2020

I became customer and they start dialing me for days. I did not ask for this. This is the reason I terminated my account and withdrew my funds. I better stick to crypto trading on real crypto exchanges.


Jasmine Shah

Sep 24 2020

Despite that the sign up takes time, and few people thought that it is a scam, I can say that eToro is a reliable trading platform. I'm happy to see that my profit increases while being stuck in this pandemic. Thank you!


Hendery

Sep 24 2020

I love eToro for many reasons. It is a social investment/trading platform so you will be able to exchange ideas with other users. It has a unique feature to copy portfolios of successful traders you like on the platform. It’s also really transparent as you’ll see returns and trading history of other users. Definitely recommend.


Gemma Anthony

Sep 23 2020

I have been with etoro for a couple of months now I have found them nothing but excellent. I am new to the game and I have found that I am finding my feet and that I have no problem with etoro they make it simple for me to invest and also very simple to withdrawal I can't thank them enough for this platform.


Carly Foehr

Sep 21 2020

The app and website always crashes whenever there is an opportunity to earn profits. What is the point having etoro anyways?? if it cant provide its users a proper platform to trade on.


Noah Carlesn

Sep 21 2020

Their support blames you even when it is a server side issue. I bought a stock they took the money out of my account but the position didn’t appear (it just randomly opened later) I bought it at market open.


asx88

Sep 20 2020

It looks like a good website until you want to withdraw your money and need the customer support for help. I'am waiting a month now to get my money back, but it's still not on my account.


Hok Cho

Sep 20 2020

The withdrawal process is confusing. Cannot even withdrawn using bank deposit.


Dellamarie

Sep 20 2020

My experience was bad with Etoro and there are many reasons. The platform stops working in case of profit and the inability to close profitable trades.When the payment is withdrawn, the account is suspended due to violation of Etoro's terms.


Kina B

Sep 20 2020

I have been trading with Etoro for a while now dough I have only made small deposit I find the site to be reliable, also have made withdrawal and find it reliable in that area as well. Their platform is very good don't get me wrong I just prefer the MT4 platform; I give them a 4 star not because they don't deserve a 5 star is for the lack of MT4 other than that kudos to you Etoro.


Laila Moon

Sep 18 2020

Solid platform its just expensive to use. The lay out is good but opening the same trades on my etoro account compaired to my mt4 account is shocking. I always make less money with etoro . Good platform for absolute beginners.


Megan Whey

Sep 16 2020

Besides low tradeing fee, anything else is horrible. The worst fact its that their app won't work on mondays when US market opens. I lost a ton because i wasn't able to reach my positions in time and they won't even care.


Jules R

Sep 15 2020

eToro is very user-friendly and easy to navigate. As an investor, I like how easy it is to monitor each position I open and set up my entry and target point. It's an awesome social trading platform. I find myself spending more time with this app now than other social networks and trading platforms.


Azizah N

Sep 14 2020

I have been using it for 5 years now, high fees, but it is really easy to use, and powerful at the same time.
Only part I see they have some issues is related to the crypto market..


Arlene J

Sep 13 2020

SL orders have high slippage. Also they took high comission and fee on withdrawal process which is very upsetting. There are better alternatives anyway.


Josephine

Sep 13 2020

I don't know how this broker works. They manipulated and hunts stop loss even if your SL is 15-20 pips away. Please beware of their slippage, your chart will suddenly blank. Their chart also different from other live feeds.


Susan Buchier

Sep 12 2020

It looks like etoro will block all the great possibility investment and manipulated stock prices. Then after that, you will loose all of your money.


John Walters

Sep 10 2020

This is either a scam or they have the worst APP and customer service ever. I have been trying to withdraw my money for weeks now and they will not give it back. Stay away.


Daniel Park

Sep 10 2020

Etoro has a nice easy to use platform and is good for beginners. They have a lot of useful features and the option to copy trade other traders. It's not a bad platform, but I don’t think to stayed there for too long.


Consumer

Aug 31 2020

I have problem with withdrawal process. They keep coming up with excuses that my ID is not good enough. They have had a copy of my bank statement, driving licence, passport and birth certificate.. That's totally weird.


Karan Bahtt

Aug 31 2020

Very good presentation as always and informative. Good, friendly and helpful bunch of people. Very professional and appreciate the help they have always given me. Keep up the good work. Best wishes.


Julia

Aug 30 2020

The customer support helped me through the account opening process and explained me the whole platform step by step. Very good and friendly support! Top products!


Hervis Reidl

Aug 30 2020

Sessions on trading classes should be longer to have more time for more questions and answers.


M Jamshaid

Aug 30 2020

Poor execution, very high slippage. Platform freezing is very common.


Raymond

Aug 29 2020

Interesting overview and how to approach trading.
It was interesting to listen to high profile traders.


Mark

Aug 28 2020

I'm quite new to this and some of it was quite advanced, so I can't really comment on that, but it had plenty if content for beginners that I found interesting and that will hopefully be useful.


Tammy

Aug 27 2020

Good broker and good service! I am trading in XTB already and satisfied with the service and the technology. Recommended!


Ray Greenwood

Aug 26 2020

Extremely efficient and professional. Dealt brilliantly with a problem I had. Highly recommended.


Frank

Aug 25 2020

Been around for a while and there isn't much to separate them apart from the people in my opinion and having traded with XTB, I think they have excellent people there that do go the extra mile. So that's the only reason i am happy to recommend them.


Diazawa

Aug 24 2020

This broker is playing agains the traders. There is known situation that XTB cancelled very profitable trade after even 2 days! A lot of people who are very disappointed of this broker.


Merayad

Aug 23 2020

Their customer service is fantastic offered in many local languages. Also their support help me out with crucial decisions about trading & guide me very well. The deposit & withdrawal period is also quite smooth. To sum it up, I have had an amazing experience & also have made huge profits through forex & commodities. Well done XTB!


Argawai

Aug 22 2020

This broker suddenly stopped accepting Clients from India, Nigeria, Bangladesh. Nifty CFD was being traded . All demo accounts disabled or stopped working from these countries. No justification from management.


Anonim Clients

Aug 21 2020

The worst, platform, manager and service provider in the world. Never go with them. All sweet talks to get the business.


Philip1981

Aug 20 2020

Traded with them since March as I like their platform. I’ve had two meetings with their analyst to help with my strategies. They also added me to their WhatsApp group a month ago for free. So happy to recommend them.


Mauritius

Aug 19 2020

This is an honest company. They are one of the most serious FX companies on the market right now in Romania, if not THE MOST. I used them for 3 years already and other than minor issues on a couple occasions on high volatility, I have nothing to say bad of them.


Darktrade

Aug 18 2020

I cannot complain about XTB. Their fees are very low (for ETFs at least), the platform is nice and I have no problem retreiving money.


Randy

Aug 17 2020

Almost every time, got stopped out and directly the security change direction. Happens too much to be coincidence.


Silk-gum01

Aug 16 2020

After reading reviews about this broker, it is alarming and I am concerned now. The withdrawals to VISA are instant when you make withdrawal request during certain time of the day but I have been waiting for 2 days and my account manager is not responding to my emails. I am very disappointed.


Roksa

Aug 15 2020

I like their platform, it’s easy to use and clear for me.
I also attended one of their trading classes in Canary Wharf. It was very informative, I had a good day and met lots of friends.
So far I like it so I’ll continue trading with them.


Start Trading

Open Real Account Open eToro Real Account Open XTB Real Account




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, eToro provides their pricing with Fixed while XTB offers Variable.



eToro 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, eToro enables trading with eToro Platform, eToro Mobile Trader. The offer is supported with Mobile trading, One-click trading. In comparison, XTB provides trading with MetaTrader 4, xStation with the support of Mobile trading, Pending orders.



Is eToro 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, eToro supports trading with Forex, Gold & silver, CFD, Stocks, Indexes, Soft commodities, Metals, ETF, Cryptocurrencies, 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 eToro and XTB:

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