Best XTB Alternatives

logomark Luca Puddu calendar Last Updated: November 2021 timer 5 min read
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There are thousands of online brokers that have flooded the FX market, XTB still remains the very best. Since inception, XTB has impacted millions of traders at a global scale. The broker was designed and developed with newbies in mind.

XTB supports so many trading tools and indicators, which you can use to maximize your stay on the FX market. Take a look at our XTB review for more information about the trading features of this online broker.

However, there are XTB alternatives on the market that offer similar trading features. Below are the top 10 XTB alternatives that you may consider using to access the fX market. On the table, we have highlighted why these brokers made our list.

XTB Alternatives Alternative for: Minimum Deposit
eToro Copy Trading and Real assets Trading $200
IC Markets Scalping, PAMM Account $0
Pepperstone Scalping, Spread Betting, PAMM Account $0*
AvaTrade Spread Betting, Copy Trading $100
Fusion Markets Low spreads, MAM Account $0
XM Low spreads and Unlimited demo $5
Darwinex Copy and Social Trading, Unlimited demo $500
FBS Great account types, Low spreads $1
City Index Great number of assets, Spread Betting $100
CMC Markets Spread Betting and Unlimited demo $0

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money


Table of contents

XTB Low Spread Alternatives

Trading with an online broker that offers a low spread, starting from 0 pip is a no-brainer, if you must shore up your profits. You can read our guide on the Top 10 Lowest Spread Forex Brokers to make an informed decision.

Broker Minimum Deposit Avg. Spreads EUR/USD
IC Markets $0 0.1 pips
Pepperstone $0 0.09 pips
Fusion Markets $0 0.09 pips
XM $5 0.00001 pips
FBS $1 0 pips

XTB Copy Trading Alternatives

For beginners that are just starting their trading career, one of the best decisions you can make is to start with copy trading. This trading strategy means following the hack and techniques of professional traders. How do you know a professional trader? One of the best ways to know a professional trader is to review the trader’s track record. A trader with a track record of performance and that has been on the forex market for as long as 10 to 15 years can be judged to be a professional Trader.

If you copy the trading strategies of a professional trader, you will make profit if the trader makes profits. Otherwise, you will lose money if the market goes south and the professional trader loses money. Do not just copy the trades of any random trader, it should be someone you know his/her track records. You can read our guide on the Top 10 Copy Trading Best Platforms to make your decision.

Broker Minimum Deposit Copy Trading Platforms
eToro $200 WebTrader
IC Markets $0 ZuluTrade
Pepperstone $0 DupliTrade, myfxbook
AvaTrade $100 ZuluTrade, DupliTrade
Fusion Markets $0 DupliTrade, myfxbook
Darwinex $500 WebTrader

XTB Algo-Trading Alternatives

If you have cravings for Algo-trading, then you need a broker that understands this concept. You can read our guide on the Top 10 automated trading forex brokers for an in-depth overview of the brokers you can possibly choose.

Broker Minimum Deposit Platforms and Tools
IC Markets $0 cTrader and cAlgo, MT4, MT5
Pepperstone $0 cTrader and cAlgo, MT4, MT5, Autochartist
AvaTrade $100 MT4,MT5, MQL
Fusion Markets $0 MT4, MT5, myfxbook
XM $5 MT4, MT5 with MQL5
Darwinex $500 MT4,MT5, FIX API, DARWIN API, ZeroMQ, Zorro

XTB Spread Betting Alternatives

Spread betting is for skilled and talented FX traders. But if you want to delve into spread betting, you can do so with the right broker. These XTB spread betting alternatives are a great place to start.

More so, you can take a look at our Top 10 Uk Spread Betting Forex Brokers for more information on these brokers.

Broker Minimum Deposit Minimum Bet
Pepperstone $0 0.2£
AvaTrade $100 0.10 per point
City Index $100 N/A
CMC Markets $0 N/A

Choosing a XTB Alternative: main perks and characteristics

XTB is a well-rounded online broker. XTB supports so many trading tools and indicators, which you can use to maximize your stay on the FX market. Additionally, they have a number of great trading platforms that you can leverage to trade the FX market.

XTB is also a market maker broker with a wide number of assets and financial instruments. Its spread is low, starting from 0 pips. This broker supports fast trade execution. The minimum deposit to open a new trading account is not more than $1. Crypto trading is very equipped, with more than 25 markets. Plus, overnight fees are not always charged depending on the CFD asset.

However, XTB doesn’t support spread betting and copy trading services. For an in-depth review of this broker, you can read our XTB review.

What is XTB missing?

XTB has some drawbacks which you need to be aware of. We have highlighted some of the features that this broker is lacking. You can check the top 10 best forex brokers to know what are the best brokers in the world.

XTB Alternatives Comparison

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Feature Minimum Deposit Low Spreads from 0 pips Copy Trading Spread Betting Execution
XTB $0 Yes No No Market Maker
eToro $200 No Yes No STP
IC Markets $0 Yes Yes No ECN
Pepperstone $0 Yes Yes Yes ECN/STP
AvaTrade $100 No Yes Yes Market Maker
Fusion Markets $0 Yes Yes No NDD
XM $5 Yes No No Market Maker
Darwinex $500 Yes Yes No NDD
FBS $1 Yes Yes No ECN/STP
City Index $100 No No Yes Market Maker
CMC Markets $0 No No Yes DMA

XTB Alternatives FAQ

What is XTB’s best alternative?

In summary, the best XTB alternative goes to eToro. However, in terms of scalping and low spreads, IC Markets takes the lead. eToro also takes the lead in copy trading, then IC Markets wins for Algo-trading. Finally, for spread betting, Pepperstone takes the lead.


About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


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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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