Category: Broker Comparison

XTB vs Trading 212 2023

Is XTB better than Trading 212? Who offers lower spread, better trading conditions and is a safe broker to trade?
We provide answers to all questions in this XTB vs Trading 212 Comparison Review. For this Review, we opened real accounts and deposited over US$ 10,500 in total to compare both offerings, account opening process at XTB and Trading 212, also the fees, trading conditions, platform selection, and withdrawal process.

What is XTB and Trading 212?

XTB is a market-leading Forex and CFD broker. The broker carries several licenses, and the spreads on currency pairs are quite low; the broker also allows scalping.

Trading 212 is a large and popular CFD broker with a great variety of instruments and lower spreads in stock trading, suitable for retail and professional traders.

Some of the highlights of XTB vs Trading 212 are:

	XTB	Trading 212
💻 Website	www.xtb.com	www.trading212.com
🛡️Founded year	2002	2004
🏦 Headquarter	London, Warsaw	London
🗺️ Authorized & Regulated in	UK, Cyprus, Poland, Spain, Belize	UK, Bulgaria
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	0.9	1.37
💳 Minimum deposit	US$250	US$1
💰 Withdrawal fee	US$0	US$0
🖥️ Trading Platform	MT4, xStation 5, xStation Mobile	Trading 212’s Proprietary Trading Platform
📈 Markets offered	Forex, Indices, Stocks, Commodities, ETFs, Cryptocurrencies	Indices, Forex, Commodities, Stocks, Cryptocurrencies
📉 Number of Products	2,111	2,029
🔎 Our Detailed Review	XTB Review	Trading 212 Review

Licenses and Regulation

From the comparison review of XTB vs Trading 212 we may assume that both brokers are safe to trade and are highly reliable, low-risk trading brokers due to regulations and are not considered a scam.

XTB is licensed by 5 regulators globally including the top-tier UK’s FCA, the CySEC, Poland’s KNF, Spain’s CNMV & Belize’s FSC.

Trading 212 has 2 licenses globally including a top-tier license from the UK’s Financial Conduct Authority (FCA). More about International brokers.

To review these brokers, we opened an account under XTB Ltd regulated by CySEC, also a CFD account with Trading 212 UK Ltd, and deposited money so as to run our tests.
We highly recommend you to register your accounts with XTB UK, Cyprus, Poland and Spain entities and Trading 212 UK entity if they’re available to you since they all offer deposit protection.

	XTB	Trading 212
🔒 Licenses	FCA, CySEC, KNF, CNMV, FSC	FCA, Bulgaria FSC
Top Tier License	✔️	✔️
Publically Traded	✔️	❌
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

XTB vs Trading 212 Fees

Both XTB and Trading 212 fees are mostly based on spreads. XTB offers very low spreads on commodities and stocks. We found that XTB charges a EUR 6.6 commission on Stocks unlike Trading 212 which doesn’t have any commission-based accounts.

Trading 212 maintained a better offering as it does not charge any additional non-trading fees, XTB has a serious drawback as it processes its clients’ withdrawal only via bank transfers, however, it does not charge any deposit, withdrawal, or inactivity fee.

	XTB Fees	Trading 212 Fees
Fees based on the spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission-based fees	✔️	❌
Inactivity Fee	$0	$0
Deposit fee	$0	$0
Withdrawal fee	$0	$0
Active trader/ VIP Programs	❌	❌

Spreads Charged in Our Trades

For our test trades on XTB vs Trading 212 accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each broker spreads. Both brokers’ spreads are stable.

We tested XTB Standard Account. It charged a fixed commission fee of €6.60 on most of the assets except for stocks and ETFs; Trading 212, in its turn, does not charge any additional fee.

Our testing finds that XTB spreads on Forex are quite low, but the spreads on commodities, stocks, indices, and cryptocurrencies are in-line with industry averages or higher.
Trading 212 spreads for the FTSE 100 and gold are quite high, however, spreads on FX are aligned to those of the industry average, and spreads charged on stocks are much lower than the industry average.

Markets	Instruments	XTB Avg. spread	Trading 212 Avg. spread	Industry avg. spread
Indices	FTSE 100	1.80	2.47	1.65
Forex	EUR/USD	0.83	1.37	1.16
Commodities	Gold	0.44	7.47	3.53
Stocks	AAPL	1.00	1.70	1.75
Cryptocurrencies	Bitcoin	189.55	N/A	72.81

Account Types Compared

XTB offers 2 account types, that is, the Standard, and PRO accounts. XTB also offers a forex swap-free Account. Trading 212 offers CFD and Invest accounts. Unlike Trading 212, XTB does offer a PAMM Account. Find out more about a Forex swap-free Accounts

XTB account opening is fast and smooth. The registration process took only 13 minutes and our account was approved on the same day, which was impressive!
Trading 212 account opening was overall satisfying. The registration process took merely 16 minutes. The account was verified in 2 working days.

	XTB Accounts	Trading 212 Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	❌
Islamic Account	❌	❌
PAMM Account	✔️	❌

Markets and Products

At XTB, you can trade CFDs on Forex pairs, stock indices, stocks, commodities, ETFs, and cryptocurrencies. As for Trading 212, its CFD account offers to trade on indices, commodities, Forex pairs, stocks, and cryptocurrencies. Trading 212 is best for Forex and commodities traders as it offers a wider range of instruments, while XTB is better for Cryptocurrency and ETFs traders.

Markets	XTB Instruments	Trading 212 Instruments
Indices	42	57
Forex	57	184
Commodities	23	118
Stocks	1849	1661
Cryptocurrency	25	9
ETFs	119	–
Options	–	–

Trading Conditions

Both brokers provide excellent conditions for beginners and experts. XTB would be a great fit for EA, scalping, and hedging traders, since it offers almost all trading strategies, including high-risk strategies; unlike Trading 212 which forbids scalping and using EAs.

Trading Method	XTB	Trading 212
Hedging	✔️	✔️
Scalping	✔️	❌
Change Leverage	❌	❌
Copy trading/ Social trading	❌	❌
Beginners Trading	✔️	✔️
Professional Trading	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on Trading 212 are simple enough, supporting various funding methods like debit cards, Skrill, PayPal. XTB, on the other hand, does not allow you to withdraw your funds using other payment methods except for bank wire transfers. The minimum deposit on Trading 212 is quite attractive, traders can start with a $1 deposit.

We tested the deposit process on Trading 212 via 3 payment methods available.
We tested the deposit by Debit Card on XTB. All the deposit methods offered by XTB are instant and free.

	XTB	Trading 212
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	❌	❌
💳 Minimum deposit	US$250	US$1
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

Trading 212 offers a proprietary web and mobile app platform as the only platform available for trading. XTB has a better offering in this case since it has not only its proprietary platform but also offers alternative platforms such as MetaTrader4, one of the most popular platforms among traders. MT4 offers web, desktop, and mobile versions.

Trading 212 platform is quite user-friendly and the navigation is intuitive. The research is quite good as well.
The trading conditions at XTB are good, we were satisfied with its proprietary platform, and we find it a good alternative to MT4.

	XTB Platform	Trading 212 Platform
Proprietary Platform	✔️	✔️
Web Platform	✔️	✔️
Desktop Platform	✔️	❌
Mobile App	✔️	✔️
Alternative Platforms	✔️	❌
MetaTrader4	✔️	❌
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	✔️	✔️

Education and Support

Both XTB and Trading 212 offer excellent educational resources for beginners and professional traders like detailed articles and exceptional video tutorials. Unlike XTB, Trading 212 offers 24/1 customer support.

From the perspective of information comprehensibility Trading 212 educational program is considered one of the best in the industry.
XTB educational materials are grouped according to a trader’s experience and based on various subjects, which we found to be very helpful.

	XTB	Trading 212
Trading School for Beginners	✔️	✔️
Tutorials	✔️	✔️
Trading Videos	✔️	✔️
Webinars	✔️	✔️
Daily News and Analysis	✔️	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	❌	✔️

Conclusion on XTB vs Trading 212

In conclusion to our XTB vs Trading 212 review, we can assure you that both brokers are highly reliable and safe to trade since they both are regulated by top-tier licenses. Their fees are similar and built into a spread basis.

Trading 212 is not suitable for FTSE 100 and Gold traders, as the spreads in those markets are quite high; unlike those of XTB that are all aligned with the industry average, and the spreads on Forex are even lower. Trading 212 may also be not a good fit for MT4 traders, as it does not offer any alternatives.

XTB is a good choice for traders who prefer high-risk strategies, as it allows scalping and hedging. XTB, however, has a huge drawback with the withdrawal process, since it allows to withdraw only via bank transfers.

Overall, our experience with XTB was smooth from opening an account, to deposit, trading and withdrawal. XTB is good for experienced traders and beginners, it also allows the use of Expert Advisors and offers popular trading platforms, such as MetaTrader 4 (MT4).
Overall experience with Trading 212 was smooth, we liked the broker’s educational materials, which are some of the best we have seen, also a huge selection of actual stocks and low spreads.

	XTB	Trading 212
Recommended for	✔️ EA traders ✔️ Scalping traders ✔️ Trading Currency pairs and Stocks ✔️ Beginning Traders ✔️ Experienced traders	✔️ Beginning Traders ✔️ Experienced traders ✔️ Trading Currency pairs and CFD Stocks ✔️ Investment
Might not be fit for	❌ Trading on Stocks with small contacts ❌ Commission-based trading	❌ Scalping Traders ❌ EA traders ❌ Trading through MT4/MT5 platforms ❌ Commission-based trading ❌ Trading Gold or Indices

Tags Trading 212 alternative, Trading 212 vs XTB, XTB alternative, XTB vs Trading 212

Broker Comparison

XM vs IC Markets

Is XM better than IC Markets? Who offers lower spread, better trading conditions and is safer broker to trade?
We provide answers to all questions in this XM vs IC Markets Comparison Review. For this Review we opened real accounts and deposit over US$ 6,000 in total to compare both offerings, account opening process at XM vs IC Markets, also the fees, trading conditions, platform selection and withdrawal process.

What is XM and IC Markets

XM is a global Forex and one of the regulated CFD brokers, offering trading with Forex pairs, indices, stocks, and commodities.

IC Markets is an Australian Forex and CFDs broker founded in 2007, headquartered in Sydney, Australia.

Some of the highlights of XM vs IC Markets are:

	XM	IC Markets
💻 Website	www.xm.com	www.icmarkets.com
🛡️Founded year	2009	2007
🏦 Headquarter	Limassol, Cyprus	Australia
🗺️ Authorized & Regulated in	UK, Cyprus, Australia, UAE, Belize	Australia, Cyprus, Seychelles, Bahamas
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	1.6	1.02
💳 Minimum deposit	US$5	US$200
💰 Withdrawal fee	US$0	$0
🖥️ Trading Platform	MT4, MT5	Meta Trader 4, Meta Trader 5, cTrader
📈 Markets offered	Forex, Indices, Stocks, Commodities	Forex, Indices, Stocks, Commodities, Cryptocurrencies
📉 Number of Products	1336	559
🔎 Our Detailed Review	XM Review	IC Markets Review

Licenses and Regulation

XM vs IC Markets are both safe to trade and are highly reliable, low-risk trading Brokers due to regulations and are not a scam.

XM is regulated by the top-tier ASIC, and Cyprus’ CySEC, which have strict rules and enforcement mechanisms.

IC Markets is licensed by Cyprus’ CySEC, Seychelles’ FSA, and the Bahamas’ SCB.

For this review, we opened an account with XM Trading Point of Financial Instruments Limited, regulated by CySEC and with IC Markets (EU) Limited, licensed by the CySEC.
We recommend that you open your account with the XM Cyprus entity since it is the only one that offers deposit protection to traders if it is available to you and with the IC Markets Australian or Cyprus entities if either is available to you.

	XM	IC Markets
🔒 Licenses	ASIC, CySEC, DFSA FCA, FSC	ASIC, CySEC, SCB, FSA
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

XM vs IC Markets Fees

XM and IC Markets fees are similar, built into a spread basis, and both have commission based accounts.

There are no additional fees charged by XM, moreover, the broker charges average fees for trading the main instruments and the fees charged on stocks and commodities are lower than industry averages.
Most of the account types offered by IC Markets have very low spreads and do not charge a commission. Only the Raw Spread Account charges a commission.

	XM Fees	IC Markets Fees
Fees based on spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission based fees	✔️	✔️
Inactivity Fee	$0	$0
Deposit fee	$0	$0
Withdrawal fee	$0	$0
Active trader/ VIP Programs	✔️	✔️

Spreads Charged in Our Trades

For our test trades on XM vs IC Markets accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread and we were able to find both negative and positive sides for each Broker spreads.

A closer look at the spreads charged in our XM trades revealed that they were all aligned with industry benchmarks. The broker’s spreads on indices, commodities and stocks were slightly lower than those of its peers.
Through our testing we found that IC Markets spreads were generally low. The fees charged for trading indices, Forex pairs, commodities and cryptocurrencies were much lower than industry averages.

Markets	Instruments	XM commission	IC Markets commission	Industry avg. spread
Indices	FTSE 100	1.5	1.1	1.65
Forex	EUR/USD	1.6	1.0	1.16
Commodities	Gold	3.5	2.2	3.53
Stocks	AAPL	1.35	1.5	1.75
Cryptocurrencies	Bitcoin	–	39.24	72.81
ETFs	QQQ	–	–	0.45

Account Types Compared

XM offers 5 account types with different fee structures, that is, the Micro, Standard, XM Zero, XM Ultra-low, and Shares accounts.

IC Markets offers 4 account types with slightly different features: the Standard account, cTrader raw spread account, the Raw spread account, and the Islamic account.

XM account opening is quick and effortless. The registration process took exactly 14 minutes, and our account was approved two days later.
IC Markets account opening is quick and seamless. The registration process took exactly 14 minutes, and our account was approved in one working day.

	XM Accounts	IC Markets Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	❌
Islamic Account	✔️	✔️
PAMM Account	❌	❌

Markets and Products

XM vs IC Markets both offer a large variety of tradable instruments in the Forex, indices, stocks and commodities markets.

Markets	XM Instruments	IC Markets Instruments
Indices	26	23
Forex	57	61
Commodities	17	12
Stocks	1236	453
Cryptocurrency	–	10
ETFs	–	–
Bonds	–	–

Trading Conditions

The trading conditions both at XM vs IC Markets are great. Both traders allow high-risk strategies such as hedging and scalping.

Trading Method	XM	IC Markets
Hedging	✔️	✔️
Scalping	✔️	✔️
Change Leverage	✔️	✔️
Copy trading/ Social trading	✔️	✔️
Beginners Trading	✔️	✔️
Professional Trading	✔️	✔️

Deposit and Withdrawal

XM processes client withdrawals via the same payment methods available for deposits making it easy for clients to withdraw their funds. It also does not charge any withdrawal fees. IC Markets does charge an AUD $20 fee on international bank transfer withdrawals.

Both XM vs IC Markets’ clients can deposit funds into their trading accounts via bank transfers, debit/credit cards, and e-wallets such as Skrill, PayPal, and Neteller.

The deposit methods offered by XM are instant and free. Anyway, the first deposit has to be made via credit card.
We have tested the deposit process on IC Markets using multiple payment modes. Both deposit and withdrawal processes on IC Markets are quick and simple.

	XM	IC Markets
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	$0	$0 ($20 for international bank withdrawals)
💳 Minimum deposit	US$5	US$200
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️
Neteller	✔️	✔️

Trading Platform

Both XM vs IC Markets offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms to their clients and do not have a proprietary trading platforms.

While the XM MT4 platform is a bit dated, we found the MT5 platform to be more than adequate for traders who prefer a modern platform.
Algorithmic traders will find a home with IC Markets, which offers fast execution speeds and guarantees no requotes on submitted trades. The broker’s cTrader platform offers the cAlgo app that algorithmic traders can use. The cTrader Copy app allows for social copy trading.

	XM Platform	IC Markets Platform
Proprietary Platform	❌	❌
Web Platform	✔️	✔️
Desktop Platform	✔️	✔️
Mobile App	✔️	✔️
Alternative Platforms	❌	❌
MetaTrader4	✔️	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	✔️	❌

Education and Support

XM vs IC Markets both have a great education offering for beginners. XM’s Tradepedia video course provides an in-depth guide to the markets. The videos are of high quality with excellent delivery from the instructors.

IC Markets offers a great forex trading course for beginners that covers topics such as technical analysis and trading psychology.

XM runs over 40 webinars weekly in different languages that its clients can join and learn about the markets. The webinars are based on experience level and take place in different timezones to suit its clients.
We found that IC Markets’ education offering lacks depth, and we would like to see the broker add more content on intermediate and advanced topics.

	XM Support	IC Markets Support
Trading School for Beginners	✔️	✔️
Tutorials	✔️	✔️
Trading Videos	❌	✔️
Webinars	✔️	✔️
Daily News and Analysis	✔️	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	❌	✔️

Conclusion on XM vs IC Markets

Comparing XM vs IC Markets side by side we found both brokers reliable and with good standing. XM provides great customer support response times and the spreads on most instruments are aligned with industry averages. IC Markets provides relatively low spreads and breakneck execution speeds.

Overall, we had a smooth experience with XM starting from the account opening, to the deposit, trading and withdrawal processes.
We recommend XM to traders who prefer the MT4/5 platforms and to those who run EAs due to the free VPS service. The broker is also suitable for beginner traders because of its detailed educational materials.
Overall, our experience with IC Markets was positive. Our experience with customer support was also good.
We recommend IC Markets to all levels of traders from beginners, intermediate and advanced traders who can all benefit from its services.

	XM	IC Markets
Recommended for	✔️ CFD Stocks trading ✔️ Beginning Traders ✔️ Experienced traders ✔️ Trading Currency Pairs ✔️ EAs trading ✔️ Scalping trader ✔️ Hedging trader ✔️ Trading through MT4 / MT5	✔️ Beginning Traders ✔️ Trading Currency Pairs ✔️ Cryptocurrency Trading ✔️ Scalping trader ✔️ Hedging trader
Might not be fit for	❌ Commission based trading ❌ Real Stock / Futures Trading	❌ Trading Futures or Real Stocks ❌ Commission based trading

Tags ic markets vs xm, xm compared to ic markets, xm vs ic markets

Broker Comparison

FBS vs XM 2023

Is FBS better than XM? Who offers lower spread, better trading conditions, and is a safe broker to trade?
We provide answers to all questions in this FBS vs XM Comparison Review. For this Review, we opened real accounts and deposited over US$10,000 in total to compare both offerings, account opening process at FBS and XM also the fees, trading conditions, platform selection, and withdrawal process.

What is FBS and XM?

FBS is a Forex and CFD broker, operating in many countries across the globe. The broker offers trading services with Forex, indices, commodities, stocks, and cryptocurrency CFDs.

XM is a global Forex and CFD broker, subsidiary of Trading Point Holdings. The broker allows trading with Forex pairs, indices, commodities, and stocks. It offers a vast range of products compared to competitors.

Some of the highlights of FBS vs XM are:

	FBS	XM
💻 Website	www.fbs.com	www.xm.com
🛡️Founded year	2009	2009
🏦 Headquarter	Belize, Cyprus	Limassol, Cyprus
🗺️ Authorized & Regulated in	Australia, Cyprus, Belize	UK, Cyprus, Australia, UAE, Belize
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	1.13	1.6
💳 Minimum deposit	$10	US$5
💰 Withdrawal fee	US$0 (with exceptions)	US$0
🖥️ Trading Platform	MT4, MT5, FBS Trader	MT4, MT5
📈 Markets offered	Indices, Forex, Commodities, Stocks, Cryptocurrencies,	Forex, Indices, Stocks, Commodities
📉 Number of Products	107 (depends on jurisdiction)	1336
🔎 Our Detailed Review	FBS Review	XM Review

Licenses and Regulation

The review of FBS vs XM demonstrates that both brokers are safe to trade from a regulatory standpoint. The brokers are guaranteed a compensation scheme by the CySEC-regulated entity to protect their funds.

FBS is licensed by 3 regulators in Cyprus, Belize, and Australia.

XM is licensed by 5 regulators worldwide, including the top-tier UK’s FCA, ASIC, Dubai’s DFSA, Cyprus’ CySEC, and Belize’s FSC. However, the UK’s FCA only regulates trading.com, not the XM brand, despite being operated by the same group.

For our tests, we opened a CySEC-regulated Standard account on the FBS MT5 platform with Tradestone Ltd and XM Trading Point of Financial Instruments Limited, regulated by CySEC. Read more about CySEC.
We recommend that you register your FBS account with the FBS Trader and the CySEC entity and XM account with CySEC entity if they are available in your jurisdiction.

	FBS	XM
🔒 Licenses	ASIC, CySEC, IFCS	ASIC, CySEC, DFSA FCA, FSC
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on the entity)	✔️ (depending on the entity)

FBS vs XM Fees

FBS and XM fees are similar and mostly built into spreads, however, FBS charges commission on trades with some asset class and account tiers, and XM has commission-based accounts as well.

FBS does not charge deposit and withdrawal fees from traders under CySEC enity, however, Belize and Australia do charge some withdrawal fees. FBS does not charge account maintenance or inactivity fees.
XM does not charge any additional fee, moreover, the broker charges average fees for trading the main instruments and the fees charged on stocks and commodities are lower than industry averages.

	FBS Fees	XM Fees
Fees based on the spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	✔️	❌
Commission-based fees	✔️	✔️
Inactivity Fee	$0	$0
Deposit fee	$0	$0
Withdrawal fee	depends on the payment method	$0
Active trader/ VIP Programs	✔️	✔️

Spreads Charged in Our Trades

To test trades on FBS vs XM accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each Broker spreads. FBS may not be suitable for commodities trader, as the spreads are much higher than the industry average.

Our testing shows that FBS spreads on Forex, indices, and stock CFDs are much lower than the industries average. Spreads on commodities, on the other hand, are much higher
A closer look at the spreads charged in our XM trades revealed that they were all aligned with industry benchmarks. None of XM’s average spreads were above industry averages. Moreover, the broker’s spreads on stocks and commodities were slightly lower than those of its peers.

Markets	Instruments	FBS Avg. spread	XM Avg. spread	Industry avg. spread
Indices	FTSE 100	1.35	1.5	1.65
Forex	EUR/USD	1.13	1.6	1.16
Commodities	Gold	4.6	3.5	3.53
Stocks	AAPL	1	1.35	1.75

Account Types Compared

FBS offers several accounts varying with the entity, while XM offers 5 accounts types with various fee structures, for example, the Micro, Standard, XM Zero, XM Ultra-low, and SHare accounts.

Opening a new account on FBS was very simple and easy, the registration process took merely 10 minutes. Our account was verified in 7 business days.
XM account opening process was smooth and effortless, the registration process took just 15 minutes. the account was approved the next day, which was satisfying.

	FBS Accounts	XM Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	✔️	❌
Islamic Account	✔️	✔️
PAMM Account	❌	✔️

Markets and Products

FBS offers CFDs trading services with forex, indices, stocks, and commodities instruments. Only the Australian entity offers cryptocurrency CFDs trading. XM, in its turn, offers trading multiple tradable instruments in the Forex, indices, stocks, and commodities markets. XM offer a wider range of instruments than FBS and is especially suitable for Stocks traders, given that they offer more than 1000 instruments.

Markets	FBS Instruments	XM Instruments
Indices	11	26
Forex	43	57
Commodities	9	17
Stocks	39	1236
Cryptocurrency	5	–

Trading Conditions

Both brokers allow hedging and scalping strategies but retail FBS traders cannot change leverage levels, XM allows traders to use Expert Advisors (EAs).

Trading Method	FBS	XM
Hedging	✔️	✔️
Scalping	✔️	✔️
Change Leverage	❌ (only professional traders can change leverage levels)	✔️
Copy trading/ Social trading	✔️	✔️
Beginners Trading	✔️	✔️
Professional Trading	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on FBS and XM were smooth, to process withdrawal requests, FBS requires the submission of a verification code, which the broker sends to the registered email, also, for some payment methods it requires a transaction fee when withdrawing without trading. XM, in its turn, does not charge any withdrawal fee.

We tested the deposit and withdrawal processes on FBS using a credit card, Neteller, and Skrill.
The deposit methods offered by XM are instant and free. Anyway, the first deposit has to be made via credit card.

	FBS	XM
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	US$0 (with exceptions)	❌
💳 Minimum deposit	US$10	US$5
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

Both brokers offer to trade with MetaTrader4 and MetaTrader5 trading platforms, besides, FBS offers its proprietary platform – FBS Trader.

We executed all our FBS trades on MetaTrader5 trading platform.
We think that the XM MT4 platform is a bit outdated, and find the MT5 platform more adequate and suitable for traders preferring modern platform.

	FBS Platform	XM Platform
Proprietary Platform	✔️	❌
Web Platform	✔️	✔️
Desktop Platform	✔️	✔️
Mobile App	✔️	✔️
Alternative Platforms	✔️	✔️
MetaTrader4	✔️	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	✔️	✔️

Education and Support

FBS offers extensive educational resources with detailed courses on trading, guides, webinars, etc. XM offers excellent learning courses under its Tradepedia educational platform that provides in-depth guides to the market. FBS and XM both offer excellent customer support with Live Chat and support inquiries.

FBS offers detailed courses on trading, guides on platform, vidoe guides, webinars, and glossaries.
XM runs over 40 webinars weekly in different languages that its clients can join and learn about the markets. The webinars are based on experience level and take place in different timezones to suit its clients.

	FBS Support	XM Support
Trading School for Beginners	❌	✔️
Tutorials	✔️	✔️
Trading Videos	✔️	❌
Webinars	✔️	✔️
Daily News and Analysis	✔️	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	✔️	❌

Conclusion on FBS vs XM

From our detailed comparison review of FBS and XM, we may come to the point that both brokers are safe and completely reliable.

Both FBS and XM trading costs are based on spreads and both have some commission-based fees. XM offers a wider range of instruments for traders and spreads in all markets are mostly similar to those of the industry average, spreads on stocks and commodities are even lower. FBS offers traders its exceptional trading platform FBS trader.

Our overall experience with FBS was positive. The spreads charges on forex, stocks, and indices were much lower than the industry average. FBS allows scalping and hedging, but leverage change is not allowed to retail traders. The broker doesn’t charge any deposit fee, however, it has some withdrawal fees depending on the payment method. We recommend to use a credit card for deposit and withdrawal processes.
Overall, our experience with XM was smooth and quick. We did not face any issue with account opening, deposit, withdrawal, and trading processes. We recommend XM to traders who prefer using MT4/MT5 platforms for trading and to those who run EAs due to the free VPS services.

	FBS	XM
Recommended for	✔️ Experienced Traders ✔️ Beginning Traders ✔️ Scalping trader ✔️ Hedging Trader ✔️ EAs Trading ✔️ Trading through MT4/MT5	✔️ CFD Stocks trading ✔️ Beginning Traders ✔️ Experienced traders ✔️ Trading Currency Pairs ✔️ EAs trading ✔️ Scalping trader ✔️ Hedging trader ✔️ Trading through MT4 / MT5
Might not be fit for	❌Real stock / Futures Trading ❌ Commission-based trading	❌ Commission-based trading ❌ Real Stock / Futures Trading

Tags FBS alternative, FBS comparetd to XM, FBS vs XM, XM alternative

Broker Comparison

Plus500 vs XTB

Is Plus500 better than XTB? Who offers lower spread, better trading conditions and is safer broker to trade?
We provide answers to all questions in this Plus500 vs XTB Comparison Review. For this Review we opened real accounts and deposit over US$ 6,000 in total to compare both offerings, account opening process at Plus500 and XTB also the fees, trading conditions, platform selection and withdrawal process.

What is Plus500 and XTB

Plus500 is a large and popular CFD broker with a good number of instruments for retail and professional traders.

XTB is a global Forex and CFD broker. The broker carries several licenses, and the spreads on currency pairs are quite low; the broker also allows scalping.

Some of the highlights of Plus500 vs XTB are:

	Plus500	XTB
💻 Website	www.plus500.com	www.xtb.com
🛡️Founded year	2008	2002
🏦 Headquarter	Israel	London and Warsaw
🗺️ Authorized & Regulated in	UK, Cyprus, Australia, South Africa, Seychelles, Singapore	UK, Cyprus, Poland, Spain, Belize
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	0.8	0.9
💳 Minimum deposit	US$100	US$250
💰 Withdrawal fee	US$0	US$0
🖥️ Trading Platform	Plus500’s proprietary trading platform	MT4, xStation 5, xStation Mobile
📈 Markets offered	Forex, Stocks, Indices, Commodities, Cryptocurrencies, ETFs, Options	Forex, Indices, Stocks, Commodities, ETFs, Cryptocurrencies
📉 Number of Products	2400	2111
🔎 Our Detailed Review	Plus500 Review	XTB Review

Licenses and Regulation

Compared to Plus500 vs XTB, both brokers are safe to trade and are highly reliable, low-risk trading brokers due to regulations and are not a scam.

Plus500 holds 6 regulatory licenses from several top regulators, like the United Kingdom’s FCA, Singapore’s MAS, and Australia’s ASIC.

XTB is licensed by 5 regulators globally including the top-tier UK’s FCA, the CySEC, Poland’s KNF, Spain’s CNMV & Belize’s FSC.

For this review, we opened an account with Plus500AU Pty Ltd ASIC regulated broker in Australia, and with XTB Ltd, regulated by CySEC.
We recommend you to register your account with the United Kingdom or Australian or Singapore entity of Plus500 and XTB UK, Cyprus, Poland and Spain entities if they’re available to you, since they all offer deposit protection.

	Plus500	XTB
🔒 Licenses	ASIC, CySEC, ISA, IE Singapore, FSCA, FCA, FSA	FCA, CySEC, KNF, CNMV, FSC
Top Tier License	✔️	✔️
Publically Traded	✔️	✔️
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

Plus500 vs XTB Fees

Plus500 and XTB fees are similar and mainly built into a spread basis. In the case of Plus500, there are no commission based accounts. XTB offers very low spreads on commodities and stocks. Yet, it charges a EUR 6.6 commission on Stocks.

Plus500 does not charge any deposit or withdrawal fee but charges a monthly fee after 3 months of inactivity.
XBT like Plus500 does not charge any deposit or withdrawal fee, yet there is a major drawback as XTB processes client withdrawals via bank transfers only.

	Plus500 Fees	XTB Fees
Fees based on spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission based fees	❌	✔️
Inactivity Fee	$10	$0
Deposit fee	$0	$0
Withdrawal fee	$0	$0
Active trader/ VIP Programs	❌	❌

Spreads Charged in Our Trades

For our test trades on Plus500 vs XTB accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each Broker spreads.

Our testing finds Plus500 spreads for Forex, ETFs, and Cryptocurrencies much lower than the industry average. Spreads on Indices, Commodities, and Stocks are on the higher side.
Our testing finds the spread on Forex pairs to be quite low, but the spreads on commodities, stocks, indices and cryptocurrencies are in-line with industry averages or higher.

Markets	Instruments	Plus500 commission	XTB commission	Industry avg. spread
Indices	FTSE 100	2	1.80	1.65
Forex	EUR/USD	0.8	0.83	1.16
Commodities	Gold	4	0.44	3.53
Stocks	AAPL	1.93	1.00	1.75
Cryptocurrencies	Bitcoin	49.02	189.55	72.81
ETFs	QQQ	0.17	N/A	0.45

Account Types Compared

Plus500 offers a single account type to traders. XTB offers 2 account types, that is, the Standard, and PRO accounts. XTB also offers a forex swap-free account.

Opening a new account on Plus500 for our test was smooth, the registration process took merely 16 minutes.
XTB account opening was fast and smooth. The registration process took only 13 minutes and our account was approved on the same day, which was impressive!

	Plus500 Accounts	XTB Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	❌
Islamic Account	❌	❌
PAMM Account	❌	✔️

Markets and Products

Compared to XTB, the instrument selection across a few markets at Plus500 are lower, besides Forex and Options, however, all are traded as CFDs. At XTB you can trade CFDs on forex pairs, stock indices, stocks, commodities, ETFs, and cryptocurrencies.

Markets	Plus500 Instruments	XTB Instruments
Indices	29	42
Forex	71	57
Commodities	22	23
Stocks	1737	1849
Cryptocurrency	14	25
ETFs	94	119
Options	433	–

Trading Conditions

Plus500 does not allow hedging or scalping. It does not even allow traders to change leverage levels. The broker is not the best for beginners due to a lack of proper education. On the other hand, the trading conditions at XTB are good. The broker allows high-risk strategies such as hedging and scalping. XTB also allows the use of Expert Advisors (EAs).

Trading Method	Plus500	XTB
Hedging	❌	✔️
Scalping	❌	✔️
Change Leverage	❌	❌
Copy trading/ Social trading	❌	❌
Beginners Trading	❌	✔️
Professional Trading	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on Plus500 and XTB are simple enough, supporting various funding methods. Both brokers have minimum deposit amounts of $100 and $250 respectively.

We tested deposit by Debit Card on Plus500 and there was no deposit fee and the findings were instant.
We tested deposit by Debit Card on XTB. All the deposit methods offered by XTB were instant and free.

	Plus500	XTB
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	❌	❌
💳 Minimum deposit	US$100	US$250
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

Plus500 offers its own trading platform and does not offer any other alternative. While XTB offers the MetaTrader4 (MT4) platform, which is a popular platform and suggests many advantages.

Plus500’s platform is user-friendly and good for CFD trading, but cannot be customized.
The trading conditions at XTB are good, but at the moment it does not offer social trading.

	Plus500 Platform	XTB Platform
Proprietary Platform	✔️	✔️
Web Platform	✔️	✔️
Desktop Platform	❌	✔️
Mobile App	✔️	✔️
Alternative Platforms	❌	✔️
MetaTrader4	❌	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	❌	✔️

Education and Support

Plus500 offers only a few basic videos to educate novice traders and provides demo trading accounts. Whereas XTB offers a wide variety of educational materials. Plus500 vs XTB both offer decent customer support with Live Chat and Support Inquiries.

Plus500 does not offer high-quality education resources.
XTB educational materials are grouped according to a trader’s experience and based on various subjects, which we found to be very helpful.

	Plus500 Support	XTB Support
Trading School for Beginners	❌	✔️
Tutorials	❌	✔️
Trading Videos	✔️	✔️
Webinars	❌	✔️
Daily News and Analysis	❌	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	❌	❌

Conclusion on Plus500 vs XTB

Comparing Plus500 to XTB side by side we found both brokers reliable and with good standing. The proposals are different with Plus500 as a CFD Trading Broker, made for professional trading, and with XTB carrying several licenses and the spreads on currency pairs are quite low; the broker also allows scalping and hedging.

Our trading experience on Plus500 was mixed. On the positive side, the broker holds six regulatory licenses. It is also listed on London Stock Exchange and is a constituent of the FTSE 250 Index. It offers a huge list of CFD instruments across several markets with attractive spreads on forex pairs and other instruments.
Our experience with XTB was smooth from opening account, to deposit, trading and withdrawal. XTB is good for experienced traders and beginners, it also allows the use of Expert Advisors and offers popular trading platforms, such as MetaTrader4 (MT4).

	Plus500	XTB
Recommended for	✔️ CFD Trading ✔️ Experienced traders	✔️ EA trader ✔️ Scalping trader ✔️ Trading Currency pairs and Stocks ✔️ Beginning Traders ✔️ Experienced traders
Might not be fit for	❌ Beginning Trader ❌ Scalping trader ❌ Hedging trader ❌ EA trader ❌ Trading through MT4/MT5 platform ❌ Commission based trading	❌ Trading on Stocks with small contacts ❌ Commission based trading

Tags Plus500 compared to XTB, Plus500 vs XTB, XTB vs Plus500

Broker Comparison

eToro vs XM 2023

Is eToro better than XM? Who offers lower spread, better trading conditions, and is a safe broker to trade?
We provide answers to all questions in this eToro vs XM Comparison Review. For this Review, we opened real accounts and deposit over US$ 11,000 in total to compare both offerings, account opening process at eToro and XM also the fees, trading conditions, platform selection, and withdrawal process.

What is eToro and XM?

eToro is one of the largest, Best Social trading Brokers and platform with a good range of portfolios and Top number of investors.

Some of the highlights of eToro vs XM are:

	eToro	XM
💻 Website	www.etoro.com	www.xm.com
🛡️Founded year	2006	2009
🏦 Headquarter	Israel	Limassol, Cyprus
🗺️ Authorized & Regulated in	USA, UK, Australia, Cyprus	UK, Cyprus, Australia, UAE, Belize
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	0.97	1.6
💳 Minimum deposit	US$50 or US$500	US$5
💰 Withdrawal fee	US$5	US$0
🖥️ Trading Platform	eToro’s own trading platform	MT4, MT5
📈 Markets offered	Indices, Forex, Commodities, Stocks, Cryptocurrencies, ETFs	Forex, Indices, Stocks, Commodities
📉 Number of Products	986	1336
🔎 Our Detailed Review	eToro Review	XM Review

Licenses and Regulation

The review of eToro vs XM demonstrates that both brokers are safe to trade and are not a scam. The brokers are regulated by strict rules and enforcement mechanisms. Moreover, the CySEC entity they are both regulated by guarantees compensation if the broker becomes insolvent.

eToro is licensed by some of the top global regulators, including the UK’s FCA, CySEC, ASIC, and FinCEN.

For this review, we opened an account under eToro (Europe) Limited regulated by CySEC and with XM Trading Point of Financial Instruments Limited, regulated by CySEC. Check out more about CySEC.
We recommend that you register your eToro account with the eToro UK and CySEC entity and XM account with CySEC entity if they are available in your jurisdiction.

	eToro	XM
🔒 Licenses	ASIC, CySEC, IE Singapore, FCA, NFA	ASIC, CySEC, DFSA FCA, FSC
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on the entity)	✔️ (depending on the entity)

eToro vs XM Fees

eToro and XM fees are similar and mainly built into a spread basis, however, XM has commission-based accounts as well.

There are additional fees charged by eToro. It charges a few non-trading fees, The broker charges a $10 monthly fee after a year for inactive accounts. Though deposit and account maintenance are free on eToro, it charges $5 for each withdrawal.
XM does not charge any additional fee, moreover, the broker charges average fees for trading the main instruments and the fees charged on stocks and commodities are lower than industry averages.

	eToro Fees	XM Fees
Fees based on the spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission-based fees	❌	✔️
Inactivity Fee	$10	$0
Deposit fee	$0	$0
Withdrawal fee	$5	$0
Active trader/ VIP Programs	✔️	✔️

Spreads Charged in Our Trades

For our test trades on eToro vs XM accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each Broker spreads. eToro may not be suitable for commodities and stocks traders, since the spreads are above the industry average.

eToro spreads for Indices and Forex are below the industry average. For commodities and stock CFDs, spreads are above the industry average. Cryptocurrencies in the trades are more than double the industry average.
A closer look at the spreads charged in our XM trades revealed that they were all aligned with industry benchmarks. None of XM’s average spreads were above industry averages. Moreover, the broker’s spreads on stocks and commodities were slightly lower than those of its peers.

Markets	Instruments	eToro Avg. spread	XM Avg. spread	Industry avg. spread
Indices	FTSE 100	1.4	1.5	1.65
Forex	EUR/USD	0.97	1.6	1.16
Commodities	Gold	4.5	3.5	3.53
Stocks	AAPL	2.23	1.35	1.75
Cryptocurrencies	Bitcoin	102.71	–	72.81
ETFs	QQQ	0.53	–	0.45

Account Types Compared

eToro offers a single account with access to all tools and services from one account, while XM offers 5 accounts types with various fee structures, for example, the Micro, Standard, XM Zero, XM Ultra-low, and SHare accounts.

Opening a new account on eToro was very simple and easy, the registration process took merely 11 minutes.
XM account opening process was smooth and effortless, the registration process took just 15 minutes. the account was approved the next day, which was satisfying.

	eToro Accounts	XM Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	❌
Islamic Account	✔️	✔️
PAMM Account	❌	✔️

Markets and Products

eToro is primarily a Forex and CFD broker, on top of that it offers trading services with real Stocks, ETFs, and Cryptocurrencies. XM, in its turn, offers trading multiple tradable instruments in the Forex, indices, stocks, and commodities markets. XM is better for stocks traders, as it offers a wider range of instruments than eToro. However, it doesn’t offer cryptocurrency and ETF trading.

Markets	eToro Instruments	XM Instruments
Indices	13	26
Forex	49	57
Commodities	31	17
Stocks	726	1236
Cryptocurrency	16	–
ETFs	151	–
Options	–	–

Trading Conditions

Trading conditions on eToro are fair and suitable for beginning traders, however, it does not allow scalping, while XM allows high-risk strategies such as hedging and scalping, it also allows traders to use Expert Advisors (EAs).

Trading Method	eToro	XM
Hedging	✔️ (eToro will retain the profits)	✔️
Scalping	❌	✔️
Change Leverage	✔️	✔️
Copy trading/ Social trading	✔️	✔️
Beginners Trading	✔️	✔️
Professional Trading	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on eToro and XM are simple enough, supporting various funding methods. eToro charges a flat fee of $5 for every withdrawal, XM, on the other hand, does not charge any withdrawal fee.

We tested the deposit process on eToro using multiple payment modes and the deposits were received instantly.
The deposit methods offered by XM are instant and free. Anyway, the first deposit has to be made via credit card.

	eToro	XM
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	5$	❌
💳 Minimum deposit	US$50 or US$500	US$5
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

eToro uses its trading platform and does not offer other alternatives, it looks modern and is easy to use. XM offers popular MetaTrader4 and MetaTrader5 platforms to its clients and does not have a proprietary platform.

eToro is known for its social trading feature. In fact, it gained popularity because of this. It basically has two features: CopyTrader and CopyPortfolio.
We think that the XM MT4 platform is a bit outdated, and find the MT5 platform more adequate and suitable for traders preferring modern platform.

	eToro Platform	XM Platform
Proprietary Platform	✔️	❌
Web Platform	✔️	✔️
Desktop Platform	❌	✔️
Mobile App	✔️	✔️
Alternative Platforms	❌	✔️
MetaTrader4	❌	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	❌	✔️

Education and Support

eToro does not offer high-quality education resources, while XM offers excellent learning courses under its Tradepedia educational platform that provides in-depth guides to the market. eToro and XM both offer decent customer support with Live Chat and support inquiries. To explore more educational materials, we might recommend XM, as it’s rich with in-depth articles, guides, and courses on trading.

We found that eToro is developing its learning materials for beginners and has established eToro Trading School.
XM runs over 40 webinars weekly in different languages that its clients can join and learn about the markets. The webinars are based on experience level and take place in different timezones to suit its clients.

	eToro Support	XM Support
Trading School for Beginners	✔️	✔️
Tutorials	✔️	✔️
Trading Videos	❌	❌
Webinars	✔️	✔️
Daily News and Analysis	✔️	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	❌	❌

Conclusion on eToro vs XM

From our detailed comparison review of eToro vs XM, we may come to the point that both brokers are safe and completely reliable. They both offer a vast range of instruments and are easy to use.

Both eToro and XM trading costs are based on spreads, however, XM does have a separate commission-based fee account. All XM spreads are aligned with those of the industry average and is better for stocks traders since it offers a wide range of stock trading instruments.

Our trading experience on the eToro platform was smooth. eToro is good for beginners and experienced/popular traders, it has some attractive features like social trading and is best for the number of Top Traders.
Overall, our experience with XM was smooth and quick. We did not face any issue with account opening, deposit, withdrawal, and trading processes. We recommend XM to traders who prefer using MT4/MT5 platforms for trading and to those who run EAs due to the free VPS services.

	eToro	XM
Recommended for	✔️ Best for Social Trading ✔️ Beginning Traders ✔️ Trading Currency Pairs ✔️ Cryptocurrency Trading ✔️ Stocks Trading	✔️ CFD Stocks trading ✔️ Beginning Traders ✔️ Experienced traders ✔️ Trading Currency Pairs ✔️ EAs trading ✔️ Scalping trader ✔️ Hedging trader ✔️ Trading through MT4 / MT5
Might not be fit for	❌ Scalping trader ❌ Hedging trader ❌ EA trader ❌ Trading through MT4/MT5 platform only ❌ Commission-based trading	❌ Commission-based trading ❌ Real Stock / Futures Trading

Tags eToro alternative, eToro compared to XM, eToro vs XM, XM alternative

Broker Comparison

Capital.com vs eToro

Is Capital.com better than eToro? Who offers lower spreads, better trading conditions, and is a safe broker to trade?
We provide answers to all questions in this Capital.com vs eToro Comparison Review. For this Review, we opened real accounts and deposited over US $9,500 in total to compare both offerings, account opening process at Capital.com and eToro also the fees, trading conditions, platform selection, and withdrawal process.

What are Capital.com and eToro?

Capital.com is a forex and contracts for differences (CFDs) broker which offers trading services with forex, indices, commodities, cryptocurrencies, stock CFDs, as well as spread betting in the UK and Ireland.

eToro is one of the largest, Best Social trading Brokers and a platform with a good range of portfolios and the Top number of investors.

Some of the highlights of Capital.com vs eToro are:

	Capital.com	eToro
💻 Website	www.capital.com	www.etoro.com
🛡️Founded year	2016	2006
🏦 Headquarter	The United Kingdom	Israel
🗺️ Authorized & Regulated in	UK, Cyprus, Belarus	USA, UK, Australia, Cyprus
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	0.8	0.97
💳 Minimum deposit	US$20	US$50 or US$500
💰 Withdrawal fee	US$0	US$5
🖥️ Trading Platform	MT4, Mobile app	eToro’s trading platform
📈 Markets offered	Forex, Indices, Stocks, Commodities, Cryptocurrencies	Indices, Forex, Commodities, Stocks, Cryptocurrencies, ETFs
📉 Number of Products	3720 (depends on the jurisdiction)	986
🔎 Our Detailed Review	Capital.com Review	eToro Review

Licenses and Regulation

On this Capital.com vs eToro comparison review, we found out that both brokers are safe to trade and highly reliable; they provide low-risk trading due to regulations and are not a scam.

Capital.com holds 3 regulatory licenses, regulated in the United Kingdom, Cyprus, and Belarus. eToro, in its turn, is licensed by some of the top global regulators like the UK’s FCA, CySEC, ASIC, and FinCEN.

For this review, we opened a standard account on the MT4 platform with Capital.com SV Investments Limited which is regulated by CySEC in Cyprus, and an account under eToro (Europe) Limited regulated by CySEC.
We recommend that you register your Capital.com account with the CySEC entity and the eToro UK or CySEC entity if they are available in your jurisdiction.

	Capital.com	eToro
🔒 Licenses	FCA CySEC NBRB	ASIC CySEC IE Singapore FCA NFA
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on the entity)	✔️ (depending on the entity)

Capital.com vs eToro Fees

Capital.com and eToro fees are similar and mainly built into a spread basis, there are no commission-based accounts.

There are a few non-trading fees charged by eToro. The broker charges a $10 monthly fee after a year for inactive accounts. Though deposit and account maintenance are free on eToro, it charges $5 for each withdrawal, while Capital.com doesn’t charge any deposit, withdrawal, inactivity, or account maintenance fees.

	Capital.com Fees	eToro Fees
Fees based on the spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission-based fees	❌	❌
Inactivity Fee	$0	$10
Deposit fee	$0	$0
Withdrawal fee	$0	$5
Active trader/ VIP Programs	✔️	✔️

Spreads Charged in Our Trades

For our test trades on Capital.com vs eToro accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each Broker spread.

Capital.com spreads for Forex are much lower than the industry average. Spreads on Indices and gold are also on the lower side. However, spreads charges on Stocks and cryptocurrency traders are too high.
eToro spreads for Indices and Forex are below the industry average. For commodities and stock CFDs, spreads are above the industry average. Cryptocurrencies in our trades are more than double the industry average.

Markets	Instruments	Capital.com Avg. spread	eToro Avg. spread	Industry avg. spread
Indices	FTSE 100	1.4	1.4	1.65
Forex	EUR/USD	0.8	0.97	1.16
Commodities	Gold	3.12	4.5	3.53
Stocks	AAPL	8.3	2.23	1.75
Cryptocurrencies	Bitcoin	154	102.71	72.81
ETFs	QQQ	–	0.53	0.45

Account Types Compared

Capital.com offers three types of accounts to retail traders. eToro, in its turn, offers only a single account with access to all tools and services.

Opening a new account with Capital.com was smooth and quick, the registration process took around 16 minutes, and our account was approved on the same day.
Opening a new account on eToro was very simple and easy, the registration process took merely 11 minutes.

	Capital.com Accounts	eToro Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	❌
Islamic Account	❌	✔️
PAMM Account	❌	❌

Markets and Products

Capital.com offers a wider range of instrument selection compared to eToro, however, all are traded as CFDs, eToro is primarily a Forex and CFD broker, but also offers trading services with real Stocks, ETFs, and Cryptocurrencies.

Markets	Capital.com Instruments	eToro Instruments
Indices	27	13
Forex	138	49
Commodities	38	31
Stocks	3,278	726
Cryptocurrency	239	16
ETFs	–	151

Trading Conditions

Capital.com offers excellent trading conditions. It allows hedging and scalping strategies, while eToro doesn’t allow scalping, and conditions are fair and suitable for beginning traders.

Trading Method	Capital.com	eToro
Hedging	✔️	✔️ (eToro will retain the profits)
Scalping	✔️	❌
Change Leverage	✔️	✔️
Copy trading/ Social trading	✔️	✔️
Beginners Trading	❌	✔️
Professional Trading	✔️	✔️

Deposit and Withdrawal

Our overall experience with both deposit and withdrawal processes on Capital.com was positive, however, we were disappointed by the lack of support for eWallets, also there was an issue with our first withdrawal request.

Both deposit and withdrawal processes on eToro are simple enough, supporting various funding methods. However, it charges a flat fee of $5 for every withdrawal.

We tested the deposit process on Capital.com only using a debit card.
We tested the deposit process on eToro using multiple payment modes and, in each case, the deposits were received instantly.

	Capital.com	eToro
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	❌	$5
💳 Minimum deposit	✔️ (based on account type)	US$50 or US$500
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	❌	✔️
Skrill	❌	✔️

Trading Platform

eToro uses its unique platform and does not offer any other alternatives. The platform looks modern and is easy to use, however it lacks professional research tools, comprehensive fundamental data while analysis is rather basic. Capital.com offers two platforms like MetaTrader 4 and Capital.com trading app.

eToro is known for its social trading feature. In fact, it gained popularity because of this feature. It basically has two features: CopyTrader and CopyPortfolio.
Capital.com onboards professional clients, offering them higher leverage levels.

	Capital.com Platform	eToro Platform
Proprietary Platform	✔️	✔️
Web Platform	✔️	✔️
Desktop Platform	✔️	❌
Mobile App	✔️	✔️
Alternative Platforms	✔️	❌
MetaTrader4	✔️	❌
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	✔️	❌

Education and Support

eToro does not offer high-quality education resources, while Capital.com offers exceptional educational resources. Capital.com and eToro both offer decent customer support with Live Chat and support inquiries.

Capital.com offers detailed courses, in-depth articles, and guides to educate traders.
We found eToro developing its learning materials and established eToro Trading School.

	Capital.com Support	eToro Support
Trading School for Beginners	❌	✔️
Tutorials	✔️	✔️
Trading Videos	✔️	❌
Webinars	✔️	✔️
Daily News and Analysis	❌	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	✔️	❌

Conclusion on Capital.com vs eToro

This comparison review of Capital.com vs eToro showed that these brokers are trustworthy. eToro is suitable for beginners, it has some attractive features such as social trading. Capital.com is attractive by its forex trades being much lower than the industry average, it allows hedging and scalping.

Trading costs are relatively similar, based on a spread with no commission with a competitive trading environment.

Overall, our experience with Capital.com was positive. Although, we did face some issues with the first withdrawal process. We recommend Capital.com to forex traders who run EA and other trading strategies.
Our trading experience on the eToro platform was smooth. eToro is good for beginners and experienced/popular traders. It has some attractive features like social trading and is Best for the number of Top Traders.

	Capital.com	eToro
Recommended for	✔️ Cryptocurrency Trading ✔️ Scalping Trader ✔️ MT4 Trader ✔️ EA Trader ✔️ Stocks Trader	✔️ Social Trading ✔️ Beginning Traders ✔️ Trading Currency Pairs ✔️ Cryptocurrency Trading ✔️ Stocks Trading
Might not be fit for	❌ Futures Trading ❌ Commission Based Trading	❌ Scalping trader ❌ Hedging trader ❌ EA trader ❌ Trading through MT4/MT5 platform only ❌ Commission-based trading

Tags capital.com alternative, capital.com vs eTore, compare capital.com vs eToro, eToro alternative

Broker Comparison

eToro vs Libertex

Is eToro better than Libertex? Who offers lower spread, better trading conditions and is safe broker to trade?
We provide answers to all questions in this eToro vs Libertex Comparison Review. For this Review we opened real accounts and deposit over €6,000 in total to compare both offerings, account opening process at eToro and Libertex also the fees, trading conditions, platform selection and withdrawal process.

eToro-vs-Libertex

What is eToro and Libertex

eToro is one of the largest, Best Social trading Brokers and platforms with a good range of portfolios and a Top number of investors.

Libertex is a Cyprus-headquartered forex and contracts for difference (CFDs) broker brand. Its offerings include forex, indices, commodities, cryptocurrencies, and stocks CFDs.

Some of the highlights of eToro vs Libertex are:

	eToro	Libertex
💻 Website	www.etoro.com	www.libertex.com
🛡️Founded year	2006	1997
🏦 Headquarter	Israel	Cyprus
🗺️ Authorized & Regulated in	USA, UK, Australia, Cyprus	Cyprus, South Africa, Belarus
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	0.97	Zero Spread
💳 Minimum deposit	US$50 or US$500	€100 or $10
💰 Withdrawal fee	US$5	Depends on the withdrawal method
🖥️ Trading Platform	eToro’s own trading platform	MT4, Libertex platform
📈 Markets offered	Indices, Forex, Commodities, Stocks, Cryptocurrencies, ETFs	Forex, Indices, Stocks, Commodities, Cryptocurrencies
📉 Number of Products	986	271 (depends on the jurisdiction)
🔎 Our Detailed Review	eToro Review	Libertex Review

Licenses and Regulation

Both Brokers are safe to trade and are highly reliable, low-risk trading Brokers due to regulations and are not a scam.

eToro is licensed by some of the top global regulators, including the UK’s FCA, CySEC, ASIC, and FinCEN.

Libertex holds 3 regulatory licenses. The broker is regulated in Cyprus, South Africa, Belarus. Being operational for more than two decades, the broker also has a good reputation in the market.

For this review, we opened an account under eToro (Europe) Limited regulated by CySEC and with Libertex (Europe) Ltd forex and contracts for difference (CFDs) broker brand in Cyprus.
We recommend you register your account with the eToro UK or CySEC entity and with Cyprus-headquartered Libertex if they are available in your jurisdiction.

	eToro	Libertex
🔒 Licenses	ASIC, CySEC, IE Singapore, FCA, NFA	CySEC, FSCA, NBRB, NA
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

eToro vs Libertex Fees

eToro is built into a spread basis, while Libertex is a commission based account.

There are additional fees charged by two Brokers: eToro charges a few non-trading fees, while Libertex generally charges trading fees, but there are some spreads for some instruments as well.
Libertex does not charge any deposit fees (only with one exception). The broker, however, charges withdrawal fees for most of the methods.

	eToro Fees	Libertex Fees
Fees based on spread	✔️	❌
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission based fees	❌	✔️
Inactivity Fee	$10	$5
Deposit fee	$0	$0
Withdrawal fee	$5	$0
Active trader/ VIP Programs	✔️	✔️

Spreads Charged in Our Trades

For our test trades on eToro vs Libertex accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, we found both negative and positive sides for each Broker spreads.

eToro spreads for Indices, Forex, and Commodities are below the industry average. For stock CFDs spreads and Cryptocurrencies are above the industry average.
Our testing finds Libertex spreads for Indices, Forex and Stocks higher than the industry average. Spreads on Commodities and Cryptocurrencies are on the lower side.

Markets	Instruments	eToro commission	Libertex commission	Industry avg. spread
Indices	FTSE 100	1.4	6	1.65
Forex	EUR/USD	0.97	4.66	1.16
Commodities	Gold	4.5	1.93	3.53
Stocks	AAPL	2.23	3	1.75
Cryptocurrencies	Bitcoin	102.71	5.52	72.81

Account Types Compared

eToro and Libertex both offer a single account with access to all tools and services from one account.

Opening a new account on eToro was very simple and easy, the registration process took merely 11 minutes.
Account Opening with Libertex for our test was smooth, the registration process took merely 10-15 minutes.

	eToro Accounts	Libertex Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	✔️
Islamic Account	✔️	❌
PAMM Account	❌	❌

Markets and Products

Libertex offers a wider range of instrument selection, however, all are traded as CFDs. While eToro is primarily a Forex and CFD broker, but also offers trading services with real Stocks, ETFs, and Cryptocurrencies.

Markets	eToro Instruments	Libertex Instruments
Indices	13	21
Forex	49	51
Commodities	31	18
Stocks	726	100
Cryptocurrency	16	52
ETFs	151	29

Trading Conditions

Trading conditions on eToro are fair and suitable for beginning traders, however, do not allow scalping.

Trading conditions on Libertex are decent. The broker allows hedging and scalping strategies but traders cannot change leverage levels.

Trading Method	eToro	Libertex
Hedging	✔️ (eToro will retain the profits)	✔️
Scalping	❌	✔️ (Traders cannot open more than 1 position in a minute)
Change Leverage	✔️	❌
Copy trading/ Social trading	✔️	❌
Beginners Trading	✔️	❌
Professional Trading	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on eToro and Libertex are simple enough, supporting various funding methods. However, eToro charges a flat fee of $5 for every withdrawal.

We tested the deposit process on eToro using multiple payment modes and the deposits were received instantly.
We tested deposit by Debit Card on Libertex there was no deposit fee and the findings were instant.

	eToro	Libertex
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	$5	❌
💳 Minimum deposit	US$50 or US$500	US$100
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

eToro uses its own trading platform, while Libertex offers alternative platforms and is also considered as an Execution Agency Model.

Both platforms look modern and are easy to use or navigate.

eToro is known for its social trading feature. In fact, it gained popularity because of this feature. It basically has two features: CopyTrader and CopyPortfolio.
Libertex platform is user-friendly and good for CFD trading.

	eToro Platform	Libertex Platform
Proprietary Platform	✔️	✔️
Web Platform	✔️	❌
Desktop Platform	❌	✔️
Mobile App	✔️	✔️
Alternative Platforms	❌	✔️
MetaTrader4	❌	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	✔️
Research	✔️	✔️
MetaTrader5	❌	✔️

Education and Support

eToro does not offer high-quality educational resources. Libertex’s educational resources are poor, too. But they both offer decent customer support with Live Chat and support inquiries.

We found eToro developing its learning materials and established eToro Trading School .
Libertex offers some guides on trading, webinars, and demo account to educate novice traders.

	eToro Support	Libertex Support
Trading School for Beginners	✔️	✔️
Tutorials	✔️	✔️
Trading Videos	❌	✔️
Webinars	✔️	✔️
Daily News and Analysis	✔️	❌
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	❌	❌

Conclusion on eToro vs Libertex

Comparing eToro to Libertex side by side we found both brokers reliable and with good standing.

Our trading experience on eToro platform was smooth. eToro is good for beginners and experienced/popular traders, also allowing hedging. It has some attractive features like social trading and is Best for the number of Top Traders.
Our overall experience with Libertex was decent. The broker offers fast execution without any spreads. It also allows scalping and hedging, and is good for professional traders.
Account opening and deposits were smooth and fast, but we had to provide identity proof and selfies with harsh requirements for withdrawals.
Our experience with customer support was mixed as some of the responses were fast, clear, and detailed, while they could not answer one. We recommend traders to contact the broker via Live chat.

	eToro	Libertex
Recommended for	✔️ Best for Social Trading ✔️ Beginning Traders ✔️ Trading Currency Pairs ✔️ Cryptocurrency Trading ✔️ Stocks Trading	✔️Swing traders ✔️ Experienced traders ✔️ Trading currency pairs ✔️ Using Metatrader ✔️ EA trader ✔️ Day trader ✔️ Commission based Trading
Might not be fit for	❌ Scalping trader ❌ Hedging trader ❌ EA trader ❌ Trading through MT4/MT5 platform only ❌ Commission based trading	❌ Beginning Trader

Tags eToro compared to Libertex, eToro vs Libertex

Broker Comparison

AxiTrader vs Pepperstone

Is AxiTrader better than Pepperstone? Who offers lower spread, better trading conditions and is a safe broker to trade?
We provide answers to all questions in this AxiTrader vs Pepperstone Comparison Review. For this Review we opened real accounts and deposited over US$ 6,000 in total to compare both offerings, account opening processes at AxiTrader and Pepperstone. Also, in this review we will compare the fees, trading conditions, platform selection and withdrawal process.

What is AxiTrader and Pepperstone

Axi, formally known as AxiTrader, is an Australian Forex and CFDs broker. The broker was founded in 2007, then in 2020 it was rebranded to Axi.

Pepperstone is an Australian Forex and CFDs broker founded in 2010.

Some of the highlights of AxiTrader vs Pepperstone are:

	AxiTrader	Pepperstone
💻 Website	www.axi.com	www.pepperstone.com
🛡️Founded year	2007	2010
🏦 Headquarter	Australia	Australia
🗺️ Authorized & Regulated in	Australia, UK, UAE, St Vincent, the Grenadines	Australia, UK, Cyprus, Bahamas, UAE, Kenya
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	1.2	1.15
💳 Minimum deposit	US$0	AUD $200
💰 Withdrawal fee	US$0	US$0
🖥️ Trading Platform	MT4	MT4, MT5, cTrader
📈 Markets offered	Forex, Indices, Commodities, Cryptocurrencies	Forex, Indices, Stocks, Commodities, Cryptocurrencies, Currency index
📉 Number of Products	132	158
🔎 Our Detailed Review	AxiTrader Review	Pepperstone Review

Licenses and Regulation

Due to regulations both Brokers are safe to trade and are highly reliable, low risk trading Brokers and are not a scam.

AxiTrader is regulated by the top-tier UK’s FCA, Australia’s ASIC, Dubai’s FSA, St Vincent and the Grenadines FSA.

Pepperstone is regulated by the top-tier UK’s FCA and Australia’s ASIC, which have stringent rules and enforcement processes.

For this AxiTrader vs Pepperstone review, we opened a standard account with AxiCorp Limited, one of the FCA regulated brokers, and an account under Pepperstone Limited, the UK entity regulated by the FCA.
We recommend that traders open their Axi accounts with the UK, Australia or Dubai entities, or a Pepperstone account under the UK entity since it offers the highest deposit protection compensation of up to £85,000 guaranteed by the UK’s FCA, which is the best in the industry.

	AxiTrader	Pepperstone
🔒 Licenses	FCA, DFSA, ASIC, FSA	ASIC, CySEC, SCB, FCA, FSA
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

AxiTrader vs Pepperstone Fees

AxiTrader and Pepperstone fees are similar and charge fees below industry averages for the main instruments. The spreads charged on stock trades with Pepperstone are in line with industry charges or even below them.

Based on our tests, the spreads charged in our trades with AxiTrader are all lower than industry benchmarks. We also discovered that the broker charges extremely low spreads on Bitcoin trades. In the case of Pepperstone, the average spreads for the popular instruments in each market are also below industry averages. However, the spreads on Bitcoin trades are way above industry averages. This makes the broker unfriendly to cryptocurrency traders.

	AxiTrader Fees	Pepperstone Fees
Fees based on spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission based fees	✔️	✔️
Inactivity Fee	0$	0$
Deposit fee	0$	0$
Withdrawal fee	0$	0$
Active trader/ VIP Programs	✔️	❌

Spreads Charged in Our Trades

For our test trades on AxiTrader vs Pepperstone accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread and reveal both negative and positive sides for each Broker spreads.

We tested the Standard Account with AxiCorp Limited which charges a spread on all tradable instruments. We ran our tests on MetaTrader 4 mobile app on our iPhone as this is AxiTrader’s the only platform.
We tested the Standard Account with Pepperstone Limited, which charges a spread on all tradable instruments. Pepperstone stands out for its low fees for most of the instruments on offer, except for cryptocurrencies.

Markets	Instruments	AxiTrader Avg. spread	Pepperstone Avg. spread	Industry avg. spread
Indices	FTSE 100	1.1	1	1.65
Forex	EUR/USD	1.2	1.2	1.16
Commodities	Gold	2.8	1.6	3.53
Stocks	AAPL	–	0.9	1.75
Cryptocurrencies	Bitcoin	14.4	110	72.81

Account Types Compared

AxiTrader offers 2 account types with different fee structures: Standard and PRO accounts. Axi also offers swap-free Islamic Accounts. Pepperstone also offers 2 account types with separate fee structures: the Razor and Standard accounts.

AxiTrader account opening is rather quick and easy. The registration process took only 15 minutes and our account was approved on the next day, as expected.
Account Opening with Pepperstone is quite straightforward. The registration process took a total of 20 minutes, and our account was approved on the next day.

	AxiTrader Accounts	Pepperston Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	✔️
Islamic Account	✔️	❌
PAMM Account	❌	❌

Markets and Products

At AxiTrader, you are able to trade CFDs on Forex pairs, stock indices, commodities, and cryptocurrencies. However, the broker offers a comparatively small number of tradable instruments. Besides, it does not offer ETFs and stocks, which is a drawback.

Pepperstone gives you an opportunity to trade CFDs on Forex pairs, stock indices, stocks, commodities, cryptocurrencies and a currency index.

Markets	AxiTrader Instruments	Pepperstone Instruments
Indices	31	14
Forex	75	61
Commodities	20	9
Stocks	–	64
Cryptocurrency	6	9
Currency index	–	1

Trading Conditions

The trading conditions both at AxiTrader and Pepperstone are favorable. Moreover, both traders allow high-risk strategies such as hedging and scalping.

Trading Method	AxiTrader	Pepperstone
Hedging	✔️	✔️
Scalping	✔️	✔️
Change Leverage	❌	❌

Deposit and Withdrawal

Both deposit and withdrawal processes on AxiTrader and Peppoerstone are quick and straightforward.

Axi’s clients can deposit funds via various options, such as bank transfers, debit/credit cards, and e-wallets such as Skrill, PayPal, and Neteller.
All the deposit methods offered by Pepperstone are instant and free. However, a bank transfer can take a few business days to reflect in your trading account.

	AxiTrader	Pepperstone
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	❌	❌
💳 Minimum deposit	US$0	AUD $200
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	❌	✔️
Skrill	✔️	✔️

Trading Platform

Both AxiTrader and Pepperstone offer the popular MetaTrader 4 (MT4) platform. Pepperstone also offers MetaTrader 5 (MT5) and the cTrader platform to the traders.

AxiTrader does not have a proprietary trading platform. Traders can trade via the broker’s website, as well as via the mobile and desktop MT4 applications. In fact, the lack of other platforms is one of the broker’s actual drawbacks.
The lack of a proprietary trading platform in Pepperstone may dissuade some traders, but the MT5 and cTrader platforms are great.

	AxiTrader Platform	Pepperstone Platform
Web Platform	✔️	✔️
Desktop Platform	✔️	✔️
Mobile App	✔️	✔️
Alternative Platforms	❌	✔️
MetaTrader4	✔️	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️

Education and Support

To help traders improve their trading results, AxiTrader offers in-depth articles on many trading topics, also it has a demo account. Likewise, Pepperstone also offers a demo account. Moreover, the broker also offers platform tutorial videos, educational videos, and webinars to suit all types of traders.

AxiTrader’s customer support team was helpful and provided direct and relevant answers to most of our questions. Anyway, on our first interaction with the customer service team, we did not get accurate answers to our questions. Pepperstone’s customer support team was helpful and provided direct and relevant answers.

We found that AxiTrader provided helpful video tutorials on how to navigate their platform. However, the broker could as well provide more video tutorials covering other topics.
Pepperstone also has a YouTube channel that offers dozens of educational videos that cover different topics suitable for all levels of traders.

	AxiTrader Support	Pepperstone Support
Trading School for Beginners	❌	✔️
Tutorials	✔️	✔️
Trading Videos	✔️	✔️
Webinars	❌	✔️
Daily News and Analysis	❌	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	✔️	❌

Conclusion on AxiTrader vs Pepperstone

Setting AxiTrader vs Pepperstone side by side we found both brokers reliable and with good standing. In the case of AxiTrader, a major pro is that Axi has low spreads across all the instruments we traded.

Pepperstone spreads on all instruments are lower than the industry average. However, comparing AxiTrader vs Pepperstone, we found that both brokers offer a small number of tradable instruments.

Overall, our experience with AxiTrader was smooth from opening our account, to the deposit, trading and withdrawal processes. We recommend that traders open accounts with the UK, Australia or Dubai entities.
Our experience with Pepperstone was favorable from the account opening, to the deposit, trading and withdrawal processes. We recommend you to open an account with the UK, Australia or Cyprus entities if any is available to you.

	AxiTrader	Pepperstone
Recommended for	✔️ Beginning Traders ✔️ Experienced Traders ✔️ Scalping trader ✔️ Hedging trader ✔️ EA trading	✔️Beginning Traders ✔️ Experienced Traders ✔️ Scalping trader ✔️ Hedging trader ✔️ EA trader ✔️ Trading CFD
Might not be fit for	❌ Trading Futures or Real Stocks ❌ Commission based trading ❌ Trading on other platforms rather than MT4	❌ Trading Futures or Real Stocks

Tags AxiTrader compared to Pepperstone, AxiTrader vs Pepperstone

Broker Comparison

IC Markets vs FxPro

Is IC Markets better than FxPro? Which of them offers lower spread, better trading conditions and is a safe broker to trade?
We provide answers to all questions in this IC Markets vs FxPro Comparison Review. For this Review we opened real accounts and deposited over US$ 6,000 in total to compare both offerings, account opening process at IC Markets and FxPro. Also, we will compare the fees, trading conditions, platform selection and withdrawal process.

What is IC Markets and FxPro

IC Markets is an Australian Forex and CFDs broker founded in 2007, headquartered in Sydney, Australia.

FxPro is a forex broker from the UK and was founded in 2006.

Some of the highlights of IC Markets vs FxPro are:

	IC Markets	FxPro
💻 Website	www.icmarkets.com	www.fxpro.com
🛡️Founded year	2007	2006
🏦 Headquarter	Australia	UK
🗺️ Authorized & Regulated in	Australia, Cyprus, Seychelles, Bahamas	UK, Cyprus, South Africa, The Bahamas
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	1.02	1.6
💳 Minimum deposit	US$200	US$100
💰 Withdrawal fee	$0	US$0
🖥️ Trading Platform	Meta Trader 4, Meta Trader 5, cTrader	MT4, MT5, cTrader, FxPro EDGE
📈 Markets offered	Forex, Indices, Stocks, Commodities, Cryptocurrencies	Forex, Indices, Stocks, Commodities, Cryptocurrencies, Energies
📉 Number of Products	559	234
🔎 Our Detailed Review	IC Markets Review	FxPro Review

Licenses and Regulation

Both Brokers are safe to trade and are highly reliable, low risk trading Brokers due to regulations and are not a scam.

IC Markets is licensed by Cyprus’ CySEC, Seychelles’ FSA and the Bahamas’ SCB.

FxPro is regulated under the UK’s FCA, which offers compensation schemes of up to £85,000, and the CySEC, which, in its turn, offers a compensation scheme of €20,000.

For this IC Markets vs FxPro review, we opened a standard MT5 account with IC Markets (EU) Limited, licensed by the CySEC, and a standard MetaTrader4 and MetaTrader5 accounts with FxPro Financial Services Ltd, which is also regulated by CySEC.
We recommend that you open your IC Markets account with the Australian or Cyprus entities if either is available to you, and register your FxPro account under the regulation of the United Kingdom if that’s available in your jurisdiction.

	IC Markets	FxPro
🔒 Licenses	ASIC, CySEC, SCB, FSA	FCA, CySEC, SCB, FSCA
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

IC Markets vs FxPro Fees

IC Markets and FxPro fees are similar and charge low or average fees for the main instruments. The average spreads charged on stock trades are in line with industry charges or below them.

Most of the account types offered by IC Markets have very low spreads and do not charge a commission. Only the Raw Spread Account charges a commission.
In the case of FxPro, our testing was based on the FxPro MT4 and FxPro MT5 accounts. Forex spreads were consistent for our tests, but spreads for indices and commodities were fluctuating.

	IC Markets Fees	FxPro Fees
Fees based on spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	✔️
Commission based fees	✔️	✔️
Inactivity Fee	0$	5$
Deposit fee	0$	50$
Withdrawal fee	0$	0$
Active trader/ VIP Programs	✔️	✔️

Spreads Charged in Our Trades

For our test trades on IC Markets vs FxPro accounts, we chose popular instruments in each market. We placed 3 trades for each instrument to get the average spread, and we found both negative and positive sides for each Broker spreads.

We tested IC Markets’ Standard Account on the MT5 platform, which charges a spread on all instruments. The spreads were generally low. The fees charged for trading Forex pairs, indices, commodities and cryptocurrencies were much lower than industry averages.
We tested FxPro MT4 and FxPro MT5 accounts. The forex spreads on MT5 accounts are around the industry average, while spreads for indices are higher than the average benchmark. Stock spreads on MT4 accounts are significantly lower than the industry average.

Markets	Instruments	IC Markets Avg. spread	FxPro Avg. spread	Industry avg. spread
Indices	FTSE 100	1.1	1.7	1.65
Forex	EUR/USD	1.0	1.6	1.16
Commodities	Gold	2.2	3.1	3.53
Stocks	AAPL	1.5	0.6	1.75
Cryptocurrencies	Bitcoin	39.24	–	72.81

Account Types Compared

IC Markets offers 4 account types with slightly different features. FxPro offers multiple accounts based on the trading platforms and execution type.

IC Markets account opening is quick and seamless. The registration process took exactly 14 minutes, and our account was approved in one working day.
Account Opening with FxPro was quick and smooth. The registration process took around 7 minutes. Our account was verified on the same working day.

	IC Markets Accounts	FxPro Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	✔️
Islamic Account	✔️	✔️
PAMM Account	❌	✔️

Markets and Products

Both IC Markets and FxPro offer a large variety of tradable instruments in the Forex, indices, stocks and commodities markets.

Markets	IC Markets Instruments	FxPro Instruments
Indices	23	19
Forex	61	70
Commodities	12	7
Stocks	453	134
Cryptocurrency	10	4

Trading Conditions

The trading conditions both at IC Markets and FxPro are great. Both traders allow high-risk strategies such as hedging and scalping.

Trading Method	IC Markets	FxPro
Hedging	✔️	✔️
Scalping	✔️	✔️
Change Leverage	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on IC Markets and FxPro are quick and simple.

IC Markets’ clients can deposit funds into their trading accounts via bank transfers, debit/credit cards, and e-wallets such as Skrill, PayPal, and Neteller.
FxPro supports a wide range of deposit methods, including credit and debit cards, bank transfers, and others. Deposits with online wallets like PayPal, Skrill, and Neteller are not available on the UK-registered entity.

	IC Markets	FxPro
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	0$ ($20 for international bank withdrawals)	❌
💳 Minimum deposit	US$200	US$100
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

Both IC Markets and FxPro offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. In addition, they offer the cTrader platform. What is more, FxPro also offers its Proprietary platform FxPro (EDGE).

Algorithmic traders will find a home with IC Markets, which offers fast execution speeds and guarantees no requotes on submitted trades. The broker’s cTrader platform offers the cAlgo app that algorithmic traders can use. The cTrader Copy app allows for social copy trading.
FxPro offers trading on both industry-leading platforms, also, on its proprietary platform. The broker offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), CTrader and its Proprietary platform FxPro(EDGE).

	IC Markets Platform	FxPro Platform
Web Platform	✔️	✔️
Desktop Platform	✔️	✔️
Mobile App	✔️	✔️
MetaTrader5	✔️	✔️
MetaTrader4	✔️	✔️
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	✔️
Research	✔️	✔️

Education and Support

IC Markets offers a great forex trading course for beginners that covers topics such as technical analysis and trading psychology. FxPro offers good quality educational resources to traders. Its educational section is divided for beginner and advanced traders.

IC Markets’ customer service team was quite helpful and gave us direct but sometimes inaccurate answers to our questions, while our experience with FxPro customer support was good. The representatives were quick to respond on both live chat and email with accurate answers.

We found that IC Markets’ education offering lacks depth, and we would like to see the broker add more content on intermediate and advanced topics.
FxPro offers text-based tutorials, video tutorials on trading, explanatory videos and a Demo account.

	IC Market Support	FxPro Support
Trading School for Beginners	✔️	✔️
Tutorials	✔️	✔️
Trading Videos	✔️	✔️
Webinars	✔️	✔️
Daily News and Analysis	✔️	✔️
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	✔️	✔️

Conclusion on IC Markets vs FxPro

Comparing IC Markets vs FxPro side by side we found both brokers reliable and with good standing. IC Markets provides relatively low spreads and breakneck execution speeds. FxPro, on the other hand, offers forex spreads at the average industry level, yet the execution speed is fast.

Trading costs are relatively similar, mostly based on spread.

Overall, our experience with IC Markets was good. We recommend IC Markets to all levels of traders from beginners, intermediate and advanced traders who can all benefit from its services.
Our overall experience with FxPro was excellent. We recommend FxPro to forex traders who run EA as their strategy.

	IC Markets	FxPro
Recommended for	✔️ Beginning Traders ✔️ Trading Currency Pairs ✔️ Cryptocurrency Trading ✔️ Scalping trader ✔️ Hedging trader	✔️Beginning Traders ✔️ Experienced traders ✔️ Scalping trader ✔️ Hedging trader ✔️ EA trader ✔️ Trading CFD ✔️ Trading Currency Pairs
Might not be fit for	❌ Trading Futures or Real Stocks ❌ Commission based trading	❌ Commission based trading

Tags IC Markets compared to FxPro, IC Markets vs FxPro

Broker Comparison

AvaTrade vs Plus500

Is AvaTrade better than Plus500? Which of them has lower spread, better trading conditions and is safer broker to trade?
We provide answers to all questions in this AvaTrade vs Plus500 Comparison Review. For this Review we opened real accounts and deposited over US$ 10,000 in total to compare both offerings, account opening process at AvaTrade and Plus500, also, we checked fees, trading conditions, platform selection and withdrawal process.

What is AvaTrade and Plus500

AvaTrade is a large and popular broker that offers trading with forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs.

Plus500 is a large and quite popular CFD broker with a good number of instruments for retail and professional traders.

Some of the highlights of AvaTrade vs Plus500 are:

	AvaTrade	Plus500
💻 Website	www.avatrade.com	www.plus500.com
🛡️Founded year	2006	2008
🏦 Headquarter	Dublin, Ireland	Israel
🗺️ Authorized & Regulated in	Ireland, Japan, Australia, UAE, South Africa, British Virgin Islands	UK, Cyprus, Australia, South Africa, Seychelles, Singapore
🔒 Is Broker safe	Yes	Yes
💰 EUR/USD Spread	0.87	0.8
💳 Minimum deposit	US$100	US$100
💰 Withdrawal fee	US$0	US$0
🖥️ Trading Platform	MT4, MT5, AvaTradeGO, AvaOptions	Plus500’s proprietary trading platform
📈 Markets offered	Forex, Indices, Commodities, Bonds, Cryptocurrencies, Stocks, ETFs	Forex, Stocks, Indices, Commodities, Cryptocurrencies, ETFs, Options
📉 Number of Products	796	2,400
🔎 Our Detailed Review	AvaTrade Review	Plus500 Review

Licenses and Regulation

Both Brokers are safe to trade and are considered reliable, they both provide a low risk trading environment and are not a scam.

AvaTrade has gained 7 regulatory licenses from some of the top regulators, including Australia, Ireland, Abu Dhabi, and Japan.

Plus500 holds 6 regulatory licenses from several top regulators, like the United Kingdom’s FCA, Singapore’s MAS, and Australia’s ASIC.

For this review, we opened an account with AvaTrade EU Ltd which is regulated by the Central Bank of Ireland, and with Plus500 AU Pty Ltd ASIC regulated broker in Australia.
We recommend you register your AvaTrade account with the Irish, Australian, or Abu Dhabi entity.
For Plus500 the United Kingdom, Australian or Singapore entity are considered the best.

	AvaTrade	Plus500
🔒 Licenses	ASIC, CySEC, DFSA FCA, FSC	FCA, Bulgaria FSC
Top Tier License	✔️	✔️
Publically Traded	❌	❌
Compensation Scheme	✔️ (depending on entity)	✔️ (depending on entity)

AvaTrade vs Plus500 Fees

AvaTrade and Plus500 fees are similar and mainly built into a spread basis, there are no commission-based accounts.

As for additional fees, AvaTrade charges an inactivity fee of $50 or €50 or £50 every quarter after 3 months of account inactivity, while Plus500 does not charge funding fees but charges a monthly fee after 3 months of inactivity.

	AvaTrade	Plus500 Fees
Fees based on spread	✔️	✔️
Floating Spread	✔️	✔️
Fixed Spread	❌	❌
Commission based fees	❌	❌
Inactivity Fee	$50 or €50 or £50	0$
Deposit fee	0$	0$
Withdrawal fee	0$	0$
Active trader/ VIP Programs	❌	❌

Spreads Charged in Our Trades

For our test trades on AvaTrade vs Plus500 accounts, we chose popular instruments in each market. We placed 3 trades for each instrument and listed the average actual spread charged on the live trades done through a funded account. We found that spreads for the two brokers are almost similar, with slight differences.

AvaTrade’s spreads for forex are much below the industry standards. The offered spreads on indices and commodities are also below the average industry benchmark.
Our testing showed that Plus500 spreads for Forex and ETFs were much lower than the industry average. While Spreads on Indices, Commodities, Stocks, and Cryptocurrencies, are on the higher side.

Markets	Instruments	AvaTrade Avg. spread	Plus500 Avg. spread	Industry avg. spread
Indices	FTSE 100	1.17	2	1.65
Forex	EUR/USD	0.87	0.8	1.16
Commodities	Gold	3.67	4	3.53
Stocks	AAPL	2.1	1.93	1.75

Account Types Compared

Both AvaTrade and Plus500 offer only a single account type to the traders. However, AvaTrade also offers Islamic trading accounts to its Islamic clients.

With AvaTrade our account opening experience was quick and smooth. The registration process took merely 15 minutes. Our account was verified after 1 business day.
Account Opening with Plus500 for our test was smooth, the registration process took merely 16 minutes.

	AvaTrade Accounts	Plus500 Accounts
Standard Account	✔️	✔️
ECN / Commission Based Account	❌	❌
Islamic Account	✔️	❌
PAMM Account	❌	❌

Markets and Products

AvaTrade vs Plus500 offer a similar and very wide range of instruments across all the markets. Both brokers offer all instruments on a CFD basis.

Markets	AvaTrade Instruments	Plus500 Instruments
Indices	23	29
Forex	55	71
Commodities	29	22
Stocks	614	1737
Cryptocurrency	14	14
ETFs	59	94
Options	–	433

Trading Conditions

Trading conditions with AvaTrade are better as the broker allows both hedging and scalping. It also offers copy trading services with two third-party services: DupliTrade and ZuluTrade. On the other hand, Plus500 does not allow hedging or scalping. It does not even allow traders to change leverage levels.

Trading Method	AvaTrade	Plus500
Hedging	✔️	❌
Scalping	✔️	❌
Change Leverage	❌	❌
Copy trading/ Social trading	✔️	❌
Beginners Trading	✔️	❌
Professional Trading	✔️	✔️

Deposit and Withdrawal

Both deposit and withdrawal processes on AvaTrade and Plus500 are simple enough. Both brokers have a minimum deposit amount of US$100 for all payment methods. However, Plus500 requires $300 for bank transfers.

AvaTrade allows clients to deposit through wire transfers, credit cards, and popular e-wallets like Skrill, Neteller, and Paypal.
We tested deposit by Debit Card on Plus500 and there was no deposit fee and funding was instant.

	AvaTrade	Plus500
💰 Deposit Fee	❌	❌
💰 Withdrawal fee	❌	❌
💳 Minimum deposit	US$100	US$100
Bank Transfer	✔️	✔️
Debit/ Credit Cards	✔️	✔️
PayPal	✔️	✔️
Skrill	✔️	✔️

Trading Platform

AvaTrade offers multiple trading platforms, like MetaTrader 4 and MetaTrader 5, whereas Plus500 offers its own trading platform.

AvaTrade also offers multiple other options, such as WebTrader (AvaTrade’s proprietary web-based platform), and AvaOptions (for forex vanilla options), AvaTradeGo (for mobile trading). Plus500 offers its trading platform on web and mobile, there is no desktop-specific client.

AvaTrade’s own web trading platform and its mobile trading platform are also very clean and easy to use for the traders. For our tests, however, we placed the orders on the MetaTrader 4 mobile platform.
Plus500’s platform is user-friendly and good for CFD trading, but cannot be customized.

	AvaTrade Platform	Plus500 Platform
🖥️ Proprietary Platform	✔️	✔️
Web Platform	✔️	✔️
Desktop Platform	✔️	❌
Mobile App	✔️	✔️
Alternative Platforms	✔️	❌
MetaTrader4	✔️	❌
Simple to use platform	✔️	✔️
Demo Account Trading	✔️	✔️
Execution Agency Model	❌	❌
Research	✔️	✔️
Advanced Research tools	✔️	❌

Education and Support

AvaTrade offers excellent trading educational materials for new traders. In reverse, Plus500 offers only a few basic videos to educate novice traders.

In AvaTrade vs Plus500 comparison we found that both brokers offer decent customer support with Live Chat and support inquiries.

AvaTrade offers tutorial videos on trading and platform-tools, eBooks and web-based guides on trading, as well as webinars. The broker also offers a demo account for novice traders.
Plus500 does not offer high-quality education resources.

	AvaTrade Support	Plus500 Support
Trading School for Beginners	✔️	❌
Tutorials	✔️	❌
Trading Videos	✔️	✔️
Webinars	✔️	❌
Daily News and Analysis	✔️	❌
Economic Calendar	✔️	✔️
Live Chat	✔️	✔️
Email Support	✔️	✔️
24/7 availability	✔️	❌

Conclusion on AvaTrade vs Plus500

Comparing AvaTrade to Plus500 side by side we found both as trusted brokers. The proposals are almost similar, while AvaTrade can be better suitable for all size and experience level traders, and is an excellent option for beginners, whereas Plus500 lacks education and good research.

Both brokers offer low Trading costs. They are both based on spreads with no commission, yet AvaTrade offers impressive spreads on forex pairs.

Overall experience with AvaTrade was smooth, we liked the broker’s educational materials, which were quite impessive. Our experience with customer support was also good.
We recommend AvaTrade to traders who focus on trading currencies and traders who would like to run hedging or scalping as their trading strategies.
Our experience with Plus500 was mixed. On the positive side, it offers a huge list of CFD instruments across several markets with attractive spreads on forex pairs and other instruments.

	AvaTrade	Plus500
Recommended for	✔️Trading currency pairs or CFD stocks ✔️ Beginning Traders ✔️ Experienced traders ✔️ Scalping trader ✔️ Hedging trader ✔️ EA trader ✔️ Trading through MT4/MT5 platform	✔️CFD Trading ✔️ Experienced traders
Might not be fit for	❌ Commission based trading ❌ Real Stock/Futures Trading	❌ Beginning Trader ❌ Scalping trader ❌ Hedging trader ❌ EA trader ❌ Trading through MT4/MT5 platform ❌ Commission based trading

Tags AvaTrade compared to Plus500, AvaTrade vs Plus500