Markets.com
XTB
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders looking to venture into CFD trading
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service
Best CFD broker
Cyprus
Poland
Fees
High trading fees, average non-trading fees
Low forex, average non-trading fees, high stock CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
11
5
Deposit type
Withdrawal type
Account opening
$100
$0
1 day
1 day
Proof of identity: ID / passport / driver's license / National ID / Government ID containing photo, full name, date of birth, expiration date Proof of residency: bank statement / utility bill / internet bill / landline phone / tv service
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 79.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
€20,000 in Europe, £85,000 in the UK, no protection in South Africa, Australia and other countries
£85k for UK clients, €20k for clients under CySEC and CNMV, €22k for other European clients, and no protection for other customers
2008
2002
Cyprus, UK, Australia, South Africa, British Virgin Islands
UK, Poland, Cyprus, Spain, Belize, Dubai
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Markets.com's service is slightly weaker than XTB's and a comparison of their fees shows that Markets.com's fees are higher than XTB's.
Account opening takes about the same effort at Markets.com compared to XTB, deposit and withdrawal processes are somewhat easier at Markets.com, while customer service quality is similar to XTB's.
Our experts rated the trading platform of Markets.com as somewhat worse than the platform of XTB, found that clients have access to less markets and products with Markets.com, while XTB provides just about the same quality of research and education.