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Our top alternative brokers to XTB
eToro
4.7
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Your capital is at risk
Trading 212
4.5
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68% of retail CFD accounts lose money
Our top alternative brokers to XTB
eToro
4.7
Visit broker
Your capital is at risk
Trading 212
4.5
Visit broker
68% of retail CFD accounts lose money
XTB Alternatives

The best alternatives to XTB are

  1. eToro - Global social trading broker
  2. Trading 212 - Global CFD broker, but real stocks/ETFs are also available
  3. Markets.com - Global CFD and forex broker
  4. FP Markets - Australian CFD and forex broker

Let's see in a bit more detail how the XTB alternatives compare to XTB and each other:

XTB alternatives comparison
XTB eToro Trading 212 Markets.com FP Markets
Overall score 4.8 4.7 4.5 4.3 4.4
Fees score 4.4 stars 4.3 stars 3.7 stars 2.7 stars 3.9 stars
Account opening score 5.0 stars 5.0 stars 4.5 stars 5.0 stars 5.0 stars
Deposit and withdrawal score 4.5 stars 3.9 stars 4.3 stars 5.0 stars 4.7 stars
Web platform score 4.4 stars 4.4 stars 4.4 stars 3.8 stars 2.8 stars
Markets and products score 2.9 stars 4.3 stars 4.1 stars 2.9 stars 2.4 stars
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67% of retail CFD accounts lose money
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75.31% of retail CFD accounts lose money

Why are these brokers considered good alternatives to XTB? There are many areas based on which XTB can be compared with others. When we say a given online broker is a good alternative to XTB we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. Answer 4 simple questions and get a list of the most relevant brokers.

XTB alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • XTB is recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
  • eToro is recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading
  • Trading 212 is recommended for equity investors and cfd traders looking for easy-to-use trading platforms
  • Markets.com is recommended for traders looking to venture into cfd trading
  • FP Markets is recommended for forex and cfd traders familiar with the metatrader and iress trading platforms

Important factors of finding XTB alternatives

So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether XTB or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. XTB is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost XTB alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At XTB this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at XTB, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given XTB alternative is a must.


Now let's dive into the details of how XTB and its alternatives perform in the most important areas!

XTB alternatives
eToro

eToro is a well-known Israeli fintech company and a social trading broker, established in 2007.

Check out our eToro review tailored to the needs of beginner investors and traders.

eToro serves UK clients through a unit regulated by the Financial Conduct Authority (FCA) and Australians through an Australian Securities and Investment Commission (ASIC)-regulated entity. All other customers are served by a Cypriot unit that is regulated by the Cyprus Securities and Exchange Commission (CySEC).

eToro is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank parent.

Being regulated by the top-tier FCA and ASIC is a good sign for eToro's safety.

HEADS UP: Minimum deposit based on residency and account activation - Be sure to check the minimum deposit required to activate your account. After uploading your documents, a deposit is also needed to be available to trade and it would be based on your residency, ranging from $10-$10,000. More details are available in the eToro review’s Account opening section.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

Pros Cons
Free stock and ETF trading High non-trading fees
Seamless account opening Only one account base currency
Social trading Customer support should be improved

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Fees
4.3

eToro offers free stock and ETF trading, while forex and CFD fees are low. On the negative side, non-trading fees are high, including a $5 withdrawal fee.
Pros Cons
Low trading fees Inactivity fee
Free stock and ETF trading $5 withdrawal fee
Low forex and CFD fees
XTB vs. eToro: Trading fees
eToro XTB
Apple benchmark fee $5.8 $8.5
Vodafone benchmark fee - $10.9
EURUSD benchmark fee $7.8 $8.3

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
5.0

Account opening at eToro is seamless and very fast, and the minimum deposit is relatively low for most countries.
Pros Cons
Fast None
Fully digital
Low minimum deposit
XTB vs. eToro: Minimum deposit, time to open an account
eToro XTB
Minimum deposit $200 $0
Time to open account 1 day 1 day

If you are interested more in eToro minimum deposit, this overview will help you.

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Deposit and withdrawal
3.9

Depositing money is easy, with a lot of available options, although there is a $5 withdrawal fee. As only USD accounts are available, you may pay a high conversion fee if you deposit or withdraw in another currency, like EUR or GBP.
Pros Cons
Credit/Debit card available Only one account base currency
User-friendly $5 withdrawal fee
Conversion fee for non-USD deposits
XTB vs. eToro: Withdrawal options
eToro XTB
Bank transfer Yes Yes
Credit/debit card Yes No
Electronic wallets Yes No
Withdrawal fee $5 $0

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Web trading platform
4.4

eToro offers a user-friendly and well-designed web trading platform, where social trading is also available. On the other hand, the platform's customizability is limited.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of eToro, a XTB alternative
XTB vs. eToro: Trading platform scores
eToro XTB
Web platform score 4.4 stars 4.4 stars
Mobile platform score 4.7 stars 4.4 stars
Desktop platform score - 4.4 stars

Learn more about eToro's web trading platform in the detailed eToro review.

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Markets and products
4.3

At eToro, you can trade CFDs and forex, as well as real stocks, ETFs and many cryptos. Innovative services like social trading and Smart Portfolios are also available.
XTB vs. eToro: Markets and products
eToro XTB
Stocks Yes Yes
ETFs Yes Yes
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

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Verdict

How does eToro work? eToro offers zero-commission stock trading. The account opening is swift and seamless. It has a lot of innovative features, like social trading and copying other (successful) traders. Furthermore, eToro offers many cryptos to trade.

It has some drawbacks, though. There is a $5 withdrawal fee and eToro only allows USD accounts, which means that conversion costs on deposits and withdrawals can be high if your funding currency is not USD. It's difficult to contact customer support and their educational materials could be better.

So is eToro good? Overall, we would recommend eToro for its social trading feature, crypto offering and zero-commission stock trading. If you are a long-term stock investor, a traditional stockbroker might make more sense to you as some of the drawbacks of eToro (like not applying reduced withholding tax on US dividends) might outweigh the benefits of free trading.

Risk disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorized and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro
Summary eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC.
Fees score 4.3 stars
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

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XTB alternatives
Trading 212

Trading 212 is onboarding clients without a waiting list from the EEA region only. Customers from other eligible countries can join Trading 212's waiting list, but it may take a while until onboarding restrictions are lifted and the waiting list is scrapped.

Trading 212 is a global CFD broker, but clients can also trade stocks and ETFs free of charge. The company was founded in 2004 and is now headquartered in London. Trading 212 is regulated by the UK Financial Conduct Authority (FCA), the Cypriot Cyprus Securities and Exchange Commission (CySEC), and the Bulgarian Financial Supervision Commission (FSC).

Check out our Trading 212 review tailored to the needs of beginner investors and traders.

Trading 212 is considered safe as it is regulated by the top-tier FCA.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for equity investors and cfd traders looking for easy-to-use trading platforms

Pros Cons
Real stocks and ETFs are commission-free Limited product portfolio
Quick and easy account opening High forex fees
Great trading platforms USD unavailable as account currency

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68% of retail CFD accounts lose money

Fees
3.7

Trading 212 offers commission-free stock and ETF trading, and there are also no fees for deposit, withdrawal or inactivity. However, fees for forex trading are high.
Pros Cons
Free stock and ETF trading High forex fees
No withdrawal and inactivity fee High financing rate
XTB vs. Trading 212: Trading fees
Trading 212 XTB
Apple benchmark fee $16.7 $8.5
Vodafone benchmark fee $15.2 $10.9
EURUSD benchmark fee $28.0 $8.3

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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68% of retail CFD accounts lose money

Account opening
4.5

The account opening process is straightforward, user-friendly and quick. Our account was verified within one business day.
Pros Cons
Fast Problems with verification
Fully digital
No minimum deposit
XTB vs. Trading 212: Minimum deposit, time to open an account
Trading 212 XTB
Minimum deposit $0 $0
Time to open account 1 day 1 day

If you are interested more in Trading 212 minimum deposit, this overview will help you.

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68% of retail CFD accounts lose money

Deposit and withdrawal
4.3

Trading 212 offers many free deposit and withdrawal options. On the downside, there are only a few account base currencies available in each country, and you can't choose USD.
Pros Cons
Credit/Debit card available USD unavailable as base currency
Free withdrawal Few base currencies in each country
XTB vs. Trading 212: Withdrawal options
Trading 212 XTB
Bank transfer Yes Yes
Credit/debit card Yes No
Electronic wallets Yes No
Withdrawal fee $0 $0

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68% of retail CFD accounts lose money

Web trading platform
4.4

Trading 212 has a user-friendly web trading platform with great features, like a safe two-step login or easy search. On the negative side, the platform is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Two-step (safer) login
Good search function
Web trading platform of Trading 212, a XTB alternative
XTB vs. Trading 212: Trading platform scores
Trading 212 XTB
Web platform score 4.4 stars 4.4 stars
Mobile platform score 4.9 stars 4.4 stars
Desktop platform score - 4.4 stars

Learn more about Trading 212's web trading platform in the detailed Trading 212 review.

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68% of retail CFD accounts lose money

Markets and products
4.1

Trading 212 focuses on CFDs (forex, stock, index, etc.) and real stocks/ETFs. As a result, popular asset classes like bonds, mutual funds, options or futures are missing.
XTB vs. Trading 212: Markets and products
Trading 212 XTB
Stocks Yes Yes
ETFs Yes Yes
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto No Yes

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68% of retail CFD accounts lose money

Verdict

Trading 212 is primarily a CFD broker, regulated by multiple financial supervisory authorities.

On the plus side, Trading 212 offers commission-free stocks and ETFs, while most CFD fees and non-trading fees are low as well. The account opening process is seamless and the trading platforms are user-friendly.

However, Trading 212 has a limited product portfolio, lacking popular asset classes such as bonds or options. We found forex fees relatively high and missed USD as an account currency.

So is Trading 212 good? Trading 212 is a good choice for those interested in investing in equities or trading leveraged CFD products, using a great trading platform. As it offers a demo account, don't hesitate to give it a try.

Trading 212
Summary Trading 212 is a CFD broker regulated by the UK FCA, Bulgarian FSC, and Cypriot CySEC. Customers can invest in commission-free stock and ETF trading as well.
Fees score 3.7 stars
Recommended for Equity investors and CFD traders looking for easy-to-use trading platforms

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68% of retail CFD accounts lose money

XTB alternatives
Markets.com

Markets.com is a global CFD and forex broker founded in 2008. It is regulated by several financial authorities including the Cyprus Securities and Exchange Commission (CySEC) and the UK's Financial Conduct Authority (FCA).

Markets.com offers services and platforms under two brands. The Marketsi platform is for share trading and investing, while Marketsx is the platform used for CFD trading. In this review, we focus on Markets.com's flagship CFD trading services, using the Marketsx platform.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for traders looking to venture into cfd trading

Pros Cons
Free and fast deposit and withdrawal High forex fees
Easy and fast account opening Limited product portfolio
Great tools for learning and research Platforms lack some common features

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67% of retail CFD accounts lose money

Fees
2.7

Markets.com charges no account, deposit or withdrawal fees. However, the positives end there as it has high forex fees, rather average CFD fees, and also charges an inactivity fee.
Pros Cons
No withdrawal fee High forex fees
Inactivity fee
XTB vs. Markets.com: Trading fees
Markets.com XTB
Apple benchmark fee $12.2 $8.5
Vodafone benchmark fee $40.3 $10.9
EURUSD benchmark fee $16.2 $8.3

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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67% of retail CFD accounts lose money

Account opening
5.0

Account opening at Markets.com is seamless, fast and fully digital. You can open your trading account within a day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
XTB vs. Markets.com: Minimum deposit, time to open an account
Markets.com XTB
Minimum deposit $100 $0
Time to open account 1 day 1 day

If you are interested more in Markets.com minimum deposit, this overview will help you.

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67% of retail CFD accounts lose money

Deposit and withdrawal
5.0

Markets.com provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
XTB vs. Markets.com: Withdrawal options
Markets.com XTB
Bank transfer Yes Yes
Credit/debit card Yes No
Electronic wallets Yes No
Withdrawal fee $0 $0

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67% of retail CFD accounts lose money

Web trading platform
3.8

Markets.com's web trading platform is easy to use, offering great search functions and price alerts. Still, it lacks some important features such as two-step login or a fee report.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Price alerts Limited customizability (for charts, workspace)
Web trading platform of Markets.com, a XTB alternative
XTB vs. Markets.com: Trading platform scores
Markets.com XTB
Web platform score 3.8 stars 4.4 stars
Mobile platform score 4.3 stars 4.4 stars
Desktop platform score 3.4 stars 4.4 stars

Learn more about Markets.com's web trading platform in the detailed Markets.com review.

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67% of retail CFD accounts lose money

Markets and products
2.9

Markets.com's product portfolio covers CFDs, forex and real stocks. However, some other popular asset classes such as ETFs, options or futures are not available.
XTB vs. Markets.com: Markets and products
Markets.com XTB
Stocks Yes Yes
ETFs No Yes
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

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67% of retail CFD accounts lose money

Verdict

Markets.com is a CFD broker regulated by several authorities globally, including the top-tier FCA in the UK and ASIC in Australia.

Account opening at Markets.com is seamless and fast; it has good research tools and great customer service; and it is regulated by multiple top-tier financial authorities.

On the negative side, forex trading fees are high, and product selection mostly covers only CFDs and forex. We also missed some important features on the trading platforms, such as two-step authentication, or price alerts on the web platform.

All in all, Markets.com may be a good choice for CFD and forex traders. As the account opening is super easy, feel free to try it.

Markets.com
Summary Markets.com is a brand of Markets.com, a global CFD and forex broker regulated by the UK FCA, Australia's ASIC, CySEC in Cyprus, and South Africa's FSCA, among others. Its operated by Playtech, a subsidiary that is on the London Stock Exchange.
Fees score 2.7 stars
Recommended for Traders looking to venture into CFD trading

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67% of retail CFD accounts lose money

XTB alternatives
FP Markets

FP Markets is an Australian CFD and forex broker founded in 2005. It is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority of St. Vincent and the Grenadines.

FP Markets is considered safe because it has a long track record and is regulated by the top-tier ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.31% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders familiar with the metatrader and iress trading platforms

Pros Cons
Low forex fees Limited product portfolio
Easy/fast account opening and funding Outdated web and desktop platform
Great education tools Imperfect research tools

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75.31% of retail CFD accounts lose money

Fees
3.9

FP Markets has low forex and non-trading fees and charges no inactivity fee. On the flip side, there is a high fee for international bank withdrawals.
Pros Cons
Low trading fees High fee for international bank withdrawals
Low non-trading fees
Low forex fees
XTB vs. FP Markets: Trading fees
FP Markets XTB
Apple benchmark fee $32.2 $8.5
Vodafone benchmark fee $30.6 $10.9
EURUSD benchmark fee $5.9 $8.3

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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75.31% of retail CFD accounts lose money

Account opening
5.0

Opening an account at FP Markets is super quick and fully digital. The minimum deposit for forex trading is not excessive, but some account types require at least a AUD 1,000 balance.
Pros Cons
Fast High minimum balance for CFD/stock accounts
Fully digital
Low minimum deposit for forex accounts
XTB vs. FP Markets: Minimum deposit, time to open an account
FP Markets XTB
Minimum deposit $100 $0
Time to open account 1 day 1 day

If you are interested more in FP Markets minimum deposit, this overview will help you.

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75.31% of retail CFD accounts lose money

Deposit and withdrawal
4.7

FP Markets offers a wide range of deposit and withdrawal options, but some withdrawal methods come with a fee.
Pros Cons
Credit/Debit card available Some withdrawal options are not free
No deposit fee
Several account base currencies
XTB vs. FP Markets: Withdrawal options
FP Markets XTB
Bank transfer Yes Yes
Credit/debit card Yes No
Electronic wallets Yes No
Withdrawal fee $0 $0

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75.31% of retail CFD accounts lose money

Web trading platform
2.8

FP Markets's web trading platform is provided by MetaTrader. It's multilingual and highly customizable, but it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Outdated design
Web trading platform of FP Markets, a XTB alternative
XTB vs. FP Markets: Trading platform scores
FP Markets XTB
Web platform score 2.8 stars 4.4 stars
Mobile platform score 3.8 stars 4.4 stars
Desktop platform score 3.4 stars 4.4 stars

Learn more about FP Markets's web trading platform in the detailed FP Markets review.

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75.31% of retail CFD accounts lose money

Markets and products
2.4

FP Markets offers a great portfolio of CFDs, forex and cryptos. You can trade Australian real stocks, too. Other stocks, ETFs, mutual funds, bonds, options or futures are missing, though.
XTB vs. FP Markets: Markets and products
FP Markets XTB
Stocks Yes Yes
ETFs No Yes
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

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75.31% of retail CFD accounts lose money

Verdict

FP Markets is a great CFD and forex broker regulated by the top-tier Australian Securities and Investments Commission (ASIC). It offers low forex fees and does not charge an inactivity fee. Both account opening and depositing are fast, and you'll find high-quality educational tools.

On the downside, the product portfolio is limited, as it covers only CFDs (equities, indices, metals) and forex instruments. The MT4 web and desktop trading platforms have outdated designs. Research tools at FP Markets, while impressive in some respects, could still use some additional features.

Feel free to try FP Markets as the account opening is easy and there are no inactivity fees.

FP Markets
Summary FP Markets is an Australian CFD and forex broker regulated by the top-tier ASIC.
Fees score 3.9 stars
Recommended for Forex and CFD traders familiar with the MetaTrader and IRESS trading platforms

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75.31% of retail CFD accounts lose money

XTB alternatives
XTB

XTB is a global CFD broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA). In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to regularly disclose its financials.

XTB is considered safe because it has a long track record, is listed on a stock exchange and publishes its financial statements transparently.

HEADS UP: Recent feedback about deposit & withdrawal - The details of a wire transfer deposit might be unclear for some of our users according to recent feedback we received. If you have problems, head to the Deposit and withdrawal section of the review, where we explain how to do a free wire deposit to your XTB account under the 'Deposit and fees and options' heading.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Pros Cons
Low forex CFD fees, commission-free stocks/ETFs for some Product portfolio limited mostly to CFDs
Free and fast deposit and withdrawal Limited fundamental data
Easy and fast account opening Inactivity fee charged

Fees
4.4

Forex fees are low, in many cases there's no withdrawal fee, and some clients are eligible for free stock and ETF trading. However, there's an inactivity fee.
Pros Cons
Free stocks/ETFs up to €100k monthly volume Inactivity fee
Low forex and stock index CFD fees
Most bank transfer withdrawals are free
XTB alternatives trading fees
XTB eToro Trading 212 Markets.com FP Markets
S&P 500 index CFD fee $1.5 $1.5 $1.7 $3.3 $0.7
Europe 50 index CFD fee $1.8 $2.3 $2.4 $2.2 $1.6
EURUSD benchmark fee $8.3 $7.8 $28.0 $16.2 $5.9
GBPUSD benchmark fee $5.8 $6.9 $23.2 $17.1 $4.1

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX

Account opening
5.0

XTB's account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day. Continue writing here to see when it goes over t
Pros Cons
Fast None
Fully digital
No minimum deposit
XTB alternatives minimum deposit and account open times
XTB eToro Trading 212 Markets.com FP Markets
Minimum deposit $0 $200 $0 $100 $100
Time to open account 1 day 1 day 1 day 1 day 1 day

Learn more about XTB minimum deposit here.

Deposit and withdrawal
4.5

XTB deposits and withdrawals are fast, mostly free and can be done via several channels.
Pros Cons
Credit/Debit card available Few minor account currencies accepted
Deposits/withdrawals are mostly free
E-wallets available
XTB and alternatives withdrawal options and fees
XTB eToro Trading 212 Markets.com FP Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No Yes Yes Yes Yes
Electronic wallets No Yes Yes Yes Yes
Withdrawal fee $0 $5 $0 $0 $0

Web trading platform
4.4

XTB's xStation 5 platform is user-friendly, customizable and has a good search function. On the other hand, two-step login is not available.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
XTB - Web trading platform
XTB and alternatives trading platform scores
XTB eToro Trading 212 Markets.com FP Markets
Web platform score 4.4 stars 4.4 stars 4.4 stars 3.8 stars 2.8 stars
Mobile platform score 4.4 stars 4.7 stars 4.9 stars 4.3 stars 3.8 stars
Desktop platform score 4.4 stars - - 3.4 stars 3.4 stars

Learn more about XTB's web trading platform in the detailed XTB review.

Markets and products
2.9

XTB's default selection includes only CFDs. Some European clients can also trade real stocks and ETFs. Popular assets like bonds, mutual funds, options or futures are not available.
XTB and alternatives markets and products
XTB eToro Trading 212 Markets.com FP Markets
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes No No
Forex Yes Yes Yes Yes Yes
Funds No No No No No
Bonds No No No No No
Options No No No No No
Futures No No No No No
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes No Yes Yes

Verdict

XTB is a great CFD broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange.

On the plus side, XTB's forex CFD fees are low, while many European clients can enjoy commission-free stock and ETF trading up to a €100,000 monthly trade volume. We also liked that the deposit and withdrawal process is fast and mostly free. The account opening process is seamless, hassle-free and quick.

XTB has some drawbacks, though. The product range is mainly limited to CFDs, although real stock and ETF trading is available in some European countries. Fundamental data offered by XTB covers only a few basics such as P/E. Lastly, there is an inactivity fee charged.

We recommend XTB for clients who prefer forex or CFD trading and also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account.

XTB
Summary XTB is a global CFD broker, listed on the Warsaw Stock Exchange. XTB is regulated by many financial authorities globally, including the top-tier FCA.
Fees score 4.4 stars
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service

XTB alternatives
Bottom line

Based on our analysis, there are several good alternatives to XTB. They all offer similar products and target similar customers. Here's a recap of the results in a table.

XTB alternatives
Broker Info Recommended for
XTB Global CFD broker Forex and CFD traders looking for low fees and great deposit/withdrawal service
eToro Global social trading broker Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading
Trading 212 Global CFD broker, but real stocks/ETFs are also available Equity investors and CFD traders looking for easy-to-use trading platforms
Markets.com Global CFD and forex broker Traders looking to venture into CFD trading
FP Markets Australian CFD and forex broker Forex and CFD traders familiar with the MetaTrader and IRESS trading platforms

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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Comments

Visit XTB
76% of retail CFD accounts lose money
Visit eToro
Your capital is at risk
Visit Trading 212
68% of retail CFD accounts lose money
Visit Markets.com
67% of retail CFD accounts lose money
Visit FP Markets
75.31% of retail CFD accounts lose money
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