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XTB , ETO Markets Broker Comparison

Do you want to know which is the better broker between XTB and ETO Markets ?

In the table below, you can compare the features of XTB , ETO Markets 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 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
7.54
Regulated
Not Guaranteed
15-20 years
CYSEC,FCA,BAPPEBTI,ICDX
Supported
Not Supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
7.94
Regulated
Not Guaranteed
10-15 years
ASIC,FSA
Supported
Supported
--
AAA
AA
307.1
171
173
171
1760
719
1760
AA
--
--
--
--
C

EURUSD:23

XAUUSD:17.39

AAA
--

XAUUSD: -43.49 ~ 24.4

A
0.2
67
--
$20000
1:500
From 0
--
--
0.01
--
Score
Regulatory Status
Regulated
Regulated

XTB 、 ETO Markets BrokerRelated News

XTB 、 ETO Markets 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 eto-markets 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 inUK
Regulated byCySEC, FCA
Trading Instruments6,898, stocks, ETFs, forex, indices, commodities
Demo Account
Min Deposit£0
LeverageUp to 1:500
EUR/USD SpreadFloating around 1.0 pips
Trading PlatformMobile, Desktop, Tablet
Payment MethodxStation5 (Mobile, Desktop, Tablet)
Deposit Fee
Withdrawal FeeFree for withdrawal above 50 USD/EUR/GBP
5 USD/EUR/GBP for withdrawal below 50 USD/EUR/GBP
Inactivity FeeA monthly fee of 10 GBP will be charged if no purchase or sale transaction within 365 days
Customer Support24/5 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.

XTBs homepage

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 CountryRegulatorRegulated EntityLicense TypeLicense No.
Cyprus
CySECXTB LtdMarket Making (MM)169/12
UK
FCAXTB LimitedStraight Through Processing (STP)522157
Regulated by CySEC
Regulated by FCA

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 ClassSupported
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 commissionFor monthly turnover equivalent up to 100, 000 EUR
After that0.2%, 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 PlatformSupported Available Devices Suitable for
Proprietary platformMobile, 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.

Deposits 1
Deposits 2
Withdrawals

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.

eto-markets
ETO Markets Review Summary
Founded2010
Registered Country/RegionSeychelles
RegulationASIC, FSA (Offshore)
Market Instruments50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs
Demo Account
LeverageUp to 1:500
SpreadFrom 1.7 pips (STD account)
Trading PlatformMT4, MT5, CRM APP
Social Trading
Min Deposit$100
Customer SupportMonday - Friday, 9am - 5pm (Sydney time)
Live chat
Tel: +248 4374772
Email: info@eto.group
Address: No. 20, Abis Centre Providence, Mahe, Seychelles
Regional RestrictionsAfghanistan, Belarus, Central Africa Republic, Crimea, Cuba, Democratic Republic of Congo (DRC), Ethiopia, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Somalia, Sudan, South Sudan, Syria, Russia, Ukraine, United States, Venezuela, Yemen and Zimbabwe

Founded in 2010, ETO Markets is a forex and CFD forex broker based in Sydney, Australia, providing online solutions for retail and institutional investors in over 100 countries. It is regulated by the AISC and offshore regulated by the FSA. Besides, it offers many live accounts with acceptable minimum deposit requirements and flexible leverage up to 1:500, through MT4, MT5, and CRM APP. However, many residents from some countries and regions have no access to trade with them.

ETO Markets' homepage

Pros and Cons

Pros Cons
Regulated by ASICNewly established
Diverse tradable assetsOffshore regulated by FSA
Demo accounts availableRegional restrictions
Multiple account typesUnclear payment options
Flexible leverage ratios
No commission for most account types
MT4 and MT5 supported
Social trading
Live chat support

Is ETO Markets Legit?

ETO Markets isregulated by the Australian Securities and Investments Commission (ASIC) and offshore regulated by the Seychelles Financial Services Authority (FSA).

ASIC
The Australian Securities and Investments Commission (ASIC)
Regulatory Status Regulated
Regulated by Australia
Licensed Institution ETO GROUP PTY LTD
Licensed TypeMarket Making (MM)
Licensed Number000420224
Regulated by ASIC
FSA
The Seychelles Financial Services Authority(FSA)
Regulatory Status Offshore Regulated
Regulated by Seychelles
Licensed Institution ETO Markets Limited
Licensed TypeRetail Forex License
Licensed NumberSD062
Offshore regulated by FSA

What Can I Trade on ETO Markets?

ETO Markets offers 50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs.

Tradable Instruments Supported
Forex
Energies
Commodities
Precious metals
Indices
Cryptocurrencies
Stock CFDs
Bonds
Options
ETFs
What Can I Trade on ETO Markets?

Account Type

Opening an account with ETO Markets involves five steps, during which you can provide your personal information.

Open an account

ETO Markets offers four kinds of live accounts: the Pro, Basic, Prime and STD accounts with the minimum deposits of $100.

Account comparison
Account TypeMin DepositMin Trade SizeStop Out Level
PRO$1000.01 Lot50%
BASIC
PRIME
STD

Leverage

ETO Markets charge the maximum leverage of 1:500 for each account. Besides, it also provides flexible leverage ratios for various trading products:

Asset ClassMax Leverage
Forex1:500
Indices1:100
Cryptos1:20
Stock CFDs1:10

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

ETO Markets Fees

Account TypeSpread fromCommission
PRO0.0 pips$3.5
BASIC1.0 pips
PRIME1.7 pips
STD

Trading Platform

ETO Markets offers a range of trading platforms for their traders including MT4, MT5, and CRM APP.

Trading Platform FeatureSuitable for
MT4Advanced, user-friendly platform for Forex, CFDs, and moreFinancial institutions and individual traders
MT5Supports automated trading, provides market signals based on expert strategiesExperienced traders
CRM APPFacilitates client relationship management; tracks interactions, manages accounts efficientlyBusinesses and traders managing client relations
Trading Platform

Do xtb and eto-markets 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 eto-markets are, we first considered common fees for standard accounts. On xtb, the average spread for the EUR/USD currency pair is -- pips, while on eto-markets the spread is From 0.

Which broker between xtb, eto-markets 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,BAPPEBTI,ICDX. eto-markets is regulated by ASIC,FSA.

Which broker between xtb, eto-markets 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 --; eto-markets offers the Pro,Standard platform featuring assets including --.

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