Best XTB Alternatives
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.
- Not available in the USA
- Not available in Canada
- XTB doesn’t support cTrader trading platform
- XTB doesn’t support Fixed spreads
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
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.
