Global Broker Regulation Inquiry App
About WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
XTB , ForexClub Broker Comparison
Do you want to know which is the better broker between XTB and ForexClub ?
In the table below, you can compare the features of XTB , ForexClub side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
6.94
Regulated
Under guarantee
15-20 years
CYSEC,FCA,ICDX,BAPPEBTI
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
4.89
Regulated
Under guarantee
15-20 years
NBRB
--
AA
AA
331.9
172
172
187
640
640
594
AA
--
--
--
AAA
--
16.54 USD/Lot
A
Long: -6.18
Short: 1.19
Long: -55.47
Short: 25.1
B
0.5
3.5
Standard ,ECN
Precious metals, commodities, stocks, indices, CFDs, etc.
100 USD
1:1000
from 1.6
30.00
--
0.01
--
XTB 、 ForexClub BrokerRelated News
XTB 、 ForexClub BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do xtb and forexclub have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
xtb
| Quick XTB Review Summary | |
| Founded in | 1995 |
| Registered in | UK |
| Regulated by | CySEC, FCA |
| Trading Instruments | 6,898, stocks, ETFs, forex, indices, commodities |
| Demo Account | ✅ |
| Min Deposit | £0 |
| Leverage | Up to 1:500 |
| EUR/USD Spread | Floating around 1.0 pips |
| Trading Platform | Mobile, Desktop, Tablet |
| Payment Method | xStation5 (Mobile, Desktop, Tablet) |
| Deposit Fee | ❌ |
| Withdrawal Fee | Free for withdrawal above 50 USD/EUR/GBP |
| 5 USD/EUR/GBP for withdrawal below 50 USD/EUR/GBP | |
| Inactivity Fee | A monthly fee of 10 GBP will be charged if no purchase or sale transaction within 365 days |
| Customer Support | 24/5 live chat |
| Tel: +44 2036953086 | |
| Email: uksales@xtb.com | |
XTB Information
XTB is a UK registered online forex and CFD broker that is regulated by the FCA and CYSEC. The company offers trading in 6,898 financial instruments including stocks, ETFs, forex, indices, and commodities with leverage up to 1:500, spread from 0.5 pips and zero commissions for CFD trading via Mobile, Desktop, and Tablet platforms.
Pros and Cons of XTB
Pros:
- Regulated by CySEC and FCA
- Commission-free trading
- No minimum deposit requirement
- Rich educational resources including educational articles, market analysis, aneBooks
Cons:
- Only offers a standard account type
- Withdrawal below 50 USD/EUR/GBP will be charged a fee of 5 USD/EUR/GBP
- A monthly fee of 10 GBP will be charged if no purchase or sale transaction within 365 days
- Customer support is not available 24/7
Is XTB Legit?
Yes. XTB is currently regulated by Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct Authority (FCA).
| Regulated Country | Regulator | Regulated Entity | License Type | License No. |
 | CySEC | XTB Ltd | Market Making (MM) | 169/12 |
 | FCA | XTB Limited | Straight Through Processing (STP) | 522157 |
Market Instruments
XTB offer 6,898 tradable instruments, including stocks, ETFs, forex, indices, and commodities. This presents a great opportunity for traders to diversify their portfolio and access multiple markets all within one platform.
| Asset Class | Supported |
| CFDs | ✔ |
| Stocks | ✔ |
| ETFs | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryprocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Account Type
XTB only offers a single standard account type, and no minimum deposit requirement.
There are no fees for account opening and maintenance, while 0.5% for currency conversion.
Leverage
XTB offers a maximum leverage of up to 1:500. However, traders need to be aware that high leverage also carries a higher risk of substantial losses, and should only be used by experienced traders who have a good understanding of risk management strategies.
Spreads and Commissions
XTB offers spread from 0.5 pips. Specifically, spread on the EUR/USD pair is floating around 1.0 pips.
As for commissions, there is no commission for trading CFDs, while there may be a commission charged for stocks and ETFs investing. You can find detailed info in the table below:
| Commission for trading CFDs | ❌ | |
| Stocks and ETFs investing commission | For monthly turnover equivalent up to 100, 000 EUR | ❌ |
| After that | 0.2%, min 10 GBP | |
Trading Platform
XTB only offers its proprietary platform, available on Mobile, Desktop, and Tablet devices. It does not support any third-party trading platforms, such as the industry-leading MT4 and MT5, which could be a disadvantage for some traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Mobile, Desktop, Tablet | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
XTB accepts payments via MasterCard, Maestro, Visa, Bank transfer.
The accepted currencies are USD, EUR, and GBP.
It does not charge any fees for deposits and process them quickly.
Withdrawal above 50 USD/EUR/GBP is free of charge, while withdrawal below 50 USD/EUR/GBP will be charged a fee of 5 USD/EUR/GBP.
As for the withdrawal processing time, withdrawal before 1 PM can be processed on the same business day, while withdrawal after 1 PM will be processed on the next business day.
Conclusion
Overall, XTB is a well-regulated and reputable forex broker with many years of experience in the industry. The company offers a wide range of tradable assets, competitive spreads, and user-friendly trading platforms with advanced features. The educational resources provided by XTB are also a valuable asset for both novice and experienced traders.
However, the limited account options and high withdrawal fees for small amounts may be a disadvantage for some traders.
Overall, XTB is a solid choice for traders looking for a regulated and reliable forex broker.
forexclub
| Forex ClubReview Summary | |
| Registered On | 2024-07-18 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Regulated |
| Market Instruments | Forex, Indices, Precious Metals, Energies |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | $100 |
| Customer Support | cs@help.forexclub.org |
| Live Chat | |
Forex Club Information
Founded in 1997, Forex Club serves over 3 million users in more than 120 countries. It offers diversified trading in forex, precious metals, etc., with spreads as low as 0.1 points and leverage up to 1:1000. Supporting MT4/5 and copy trading, it currently provides a maximum cashback of $5 per lot for trading gold, crude oil, and other products.
Pros and Cons
| Pros | Cons |
| Regulated | No Islamic account |
| Multiple trading instruments | High leverage risk (1:1000) |
| MetaTrader 4/5 available | The campaigns restrictions (limited to specific instruments) |
| Copy Trading available | |
| $5 campaign cashback | |
| Zero commission (Standard Account) |
Is Forex Club Legit?
The National Bank of the Republic of Belarus regulates Forex Club with the license number 192580558, indicating relatively high security.
What Can I Trade on Forex Club?
| Tradable Instruments | Supported |
| Forex | ✔ |
| EnergiesCommodities | ✔ |
| Indices | ✔ |
| Precious Metals | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
| Account Type | Standard | ECN |
| Supported Platforms: | MT4 | MT4 |
| Spread: | From1.6 pips | From 0.0 pips |
| Commissions: | No commissions | 6 |
| Account Currency: | US Dollar | US Dollar |
| Minimum Deposit: | 100 USD | 100 USD |
| Minimum Trade Size: | 0.01 lot | 0.01 lot |
| Liquidation Ratio: | 30% | 30% |
| Max leverage.: | 1:1000 | 1:1000 |
| Tradable Products: | Precious Metals, Commodities, Stocks, Indices, CFDs, etc. | Precious Metals, Commodities, Stocks, Indices, CFDs, etc. |
| EA Trading: | Support | Support |
Forex Club Fees
The standard account has zero commission and only charges a spread starting from 1.6 pips, while the ECN account has a spread as low as 0.0 pips but requires a $6 commission.
Leverage
| Product | Leverage |
| Forex/Indices | 1:1000 |
| Precious Metals | 1:500 |
| Energies | 1:400 |
Trading Platform
Forex Club provides the mainstream trading platforms MT4 and MT5, supporting multiple versions including Windows, iOS, Android, Mac, and WebTrader.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, iOS, Andorid, Mac, WebTrader | Beginners |
| MT5 | ✔ | Windows, iOS, Andorid, Mac, WebTrader | Experienced Traders |
Deposit and Withdrawal
The minimum deposit for Forex Club is $100. More detailed information on deposits and withdrawals has not been disclosed.
Copy Trading
Traders can directly copy the trading strategies of “signal sources” in the community, which is suitable for users who lack trading experience or hope for passive investment.
Bonus
From May 1 to June 30, 2025, traders can get a maximum cashback of $5 per lot for trading products such as gold and crude oil. Both new and existing customers are eligible to participate.
Do xtb and forexclub have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive xtb and forexclub are, we first considered common fees for standard accounts. On xtb, the average spread for the EUR/USD currency pair is -- pips, while on forexclub the spread is from 1.6.
Which broker between xtb, forexclub is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
xtb is regulated by CYSEC,FCA,ICDX,BAPPEBTI. forexclub is regulated by NBRB.
Which broker between xtb, forexclub provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
xtb provides the -- platform with products like --; forexclub offers the Standard ,ECN platform featuring assets including Precious metals, commodities, stocks, indices, CFDs, etc..
