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Forex.com vs XTB: Comparison and Analysis

Trying to figure out whether to use Forex.com or XTB? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of Forex.com and XTB side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
81% of retail investor accounts lose money
Forex.com review
Open Account
79% of retail investor accounts lose money
XTB review

Overall Ratings


Rated
81
Rated
83

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • Forex.com
  • XTB

Security 95
Security 95

Cost 69
Cost 76

Trading 75
Trading 75

Education 82
Education 82

Company Info


Foundation
1999
2002
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, chi
en, ar, cz, de, es, fr, hu, po, pol, rom, slo, tur, it, chi

Leverage


Non-EU Leverage ?
400:1
200:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
0
US Leverage ?
50:1
0
Canadian Leverage ?
50:1
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
52385
36872
SimilarWeb - Total Visits
1770000
Facebook Likes
36211
140561
Twitter Likes
146200
9908
Instagram Likes

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
SafetyPay, PaySafe, PayU
Deposit Waiting Time ?
1-2 business days
Instant
Withdraw Waiting Time ?
1-2 business days
1-3 business days
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
EUR, GBP, USD
EUR, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.04
Natural Gas ?
0.01
Silver ?
1.4
0.04
Platinum ?
7.0
Copper ?
21.0
Soybeans ?
0.36
Corn ?
Gold ?
0.45
0.3

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
1.3
0.6
USD/JPY Average Spread
1.5
1.0
USD/CHF Average Spread
1.9
1.4
GBP/USD Average Spread
2
1.7
USD/CAD Average Spread
2.0
1.5
AUD/USD Average Spread
1.6
1.1
NZD/USD Average Spread
3.2
1.7
EUR/GBP Average Spread
1.9
0.9

Fees on Stocks


Apple
0.01
0.00
Facebook
0.04
0.00
Alphabet
0.30
0.00
Snapchat
0.00
BP
0.00
Tesco
0.00
Barclays
0.00
Lloyds
0.00

Fees on Indices


FTSE100
1.3
1.7
S&P500
0.6
0.5
Dow Jones
1.0
Nasdaq
1.5
2.0
CAC40
1.5
DAX30
1.5
Nikkei 225
15.0
21.0
Euro Stoxx 50
2.3
1.6

Fees on Cryptocurrencies


Bitcoin
1
1
Ethereum
1.2
2%
Ripple
60.0
2%
Litecoin
0.5
2%
Bitcoin Cash
2.0
1%
Dash
0
2%
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, ar, chi
en, ar, cz, de, es, fr, po, pol, rom, ru, slo, tur, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
80
48
Crypto ?
80
48
Commodities ?
12
21
Stocks ?
220
1606
Indices ?
18
35
ETF ?
1
108
Futures ?
1
Options ?
1
Bonds ?
1
Metal ?
5
4
Agricultural ?
3
10
Energies ?
2
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
1
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.01 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
139
51
Number Chart Drawing Tools ?
22
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, chi
en, ar, es, fr, gre, ru, tur, thai, it, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

Forex.com vs XTB: A Comparison Summary

When it comes to choosing a forex broker, there are several factors to consider. In this comparison summary, we will take a look at two popular brokers, Forex.com and XTB, and evaluate them based on their security, demo account, account opening, social-copy trading, markets, trading fees, platforms, education, and customer care.

Security

Both Forex.com and XTB are regulated by top-tier financial authorities, including CySEC, FCA, and others. However, Forex.com has more regulatory licences, including NFA and CFTC, making it available in more countries, including the USA. Both brokers have a high security rating of 95.

Demo Account

Both Forex.com and XTB offer demo accounts with virtual funds to help traders practise and test their strategies. Forex.com demo account has a duration of 30 days and virtual funds of $10,000, while XTB demo account has no time limit and virtual funds of $100,000.

Account Opening

Forex.com requires a minimum deposit of $100, while XTB has no minimum deposit requirement. Forex.com offers a wider range of account types, including standard, MT4 and MT5, commission, corporate, DMA, STP Pro, Islamic, and professional accounts. XTB offers standard, Islamic, and professional accounts. Forex.com offers more payment methods, including wire transfers, credit/debit cards, and eWallets, while XTB does not support PayPal.

Social-Copy Trading

Both Forex.com and XTB do not provide any social or copy trading features

Markets

Forex.com offers a wider range of markets, including 80 forex pairs, 12 commodities, 18 indices, 80 crypto assets, and 220+ stocks, while XTB offers 57 forex pairs, 27 commodities, 30 indices, 46 crypto assets, and 5000+ stocks and 500+ ETFs. However, both brokers offer CFD trading, making them better suited for short-term trading and price speculation rather than long-term investing. XTB offers zero-commission real stocks and ETFs for European traders on a monthly volume of up to EUR 100,000.

Trading Fees

Forex.com offers variable spreads, which can start from 0.2 pips on forex, while XTB also offers variable spreads starting from 0.3 pip on forex, which is below the market average. However, Forex.com’s spreads can be higher depending on the trader’s country, starting from 0.7 pips in Europe. Forex.com also offers fixed spreads on commodities. XTB charges zero-commission on real stocks and ETFs for European traders on a monthly volume of up to EUR 100,000, and after that, there is a commission of 0.2% (10 EUR minimum).

Platforms

Forex.com offers its proprietary platform, available via web and mobile devices, and both MetaTrader 4 and 5 platforms. XTB offers xStation, its proprietary platform, available via web and mobile devices, which is user-friendly and intuitive.

Education/Customer Care

Forex.com offers detailed guides and tutorials on setting up trades and technical analysis courses, while XTB offers FAQs, blog articles, ebooks, trading videos, and seminars. Both brokers offer easy access to customer care via phone, email, and live chat, but only Forex.com supports English and Chinese.

Conclusion

In summary, Forex.com and XTB are both reputable brokers with high-security ratings and user-friendly platforms. Forex.com offers a wider range of markets, account types, and payment methods, while XTB offers zero-commission real stocks and ETFs for European traders on a monthly volume of up to EUR 100,000. Ultimately, the choice between Forex.com and XTB will depend on the trader’s specific needs and preferences. Traders who are interested in trading a wider range of markets may prefer Forex.com, while those who are interested in commission-free real stocks and ETFs for European traders may prefer XTB. Additionally, traders who prefer a demo account with no time limit may opt for XTB, while those who prefer a wider range of account types and payment methods may prefer Forex.com. Both brokers offer excellent customer care and educational resources to help traders succeed. Therefore, it’s essential to carefully evaluate the features and services offered by both brokers before making a decision.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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Milan, Italy
20143

VAT No. IT10004450960
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