Written by StockBrokers.com
In this head to head comparison of XTB vs eToro, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, XTB offers better pricing than eToro for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - XTB would cost £0 per year, while eToro would cost £0 per year.
12 trades per year - XTB would cost £0 per year, while eToro would cost £0 per year.
36 trades per year - XTB would cost £0 per year, while eToro would cost £0 per year.
120 trades per year - XTB would cost £0 per year, while eToro would cost £0 per year.
3 fund trades per year - XTB would cost £0 per year, while eToro would cost $50 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
For those in the UK looking to choose between XTB and eToro for online investment, both platforms offer some notable options but also have their unique distinctions. When it comes to share trading and ETFs, both brokers provide access to these markets, allowing investors to diversify their portfolios with individual stocks and exchange-traded funds. However, those interested in cryptocurrencies may lean toward eToro, as it offers crypto trading while XTB doesn’t. Both brokers support trading in CFDs but neither offers spread betting, funds trading, corporate bonds, government bonds (gilts), or investment trusts.
Regarding ratings, XTB and eToro each earned an impressive 4.5 stars for investment choices from UK.StockBrokers.com, indicating strong approval from reviewers. However, when ranked among 21 brokers for investment choices, XTB takes the 13th spot, slightly ahead of eToro at 15th. While neither platform offers advisory services, they provide compelling options depending on your trading interests, particularly if you're focused on shares, ETFs, or cryptocurrencies.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | Yes |
| ETFs | Yes | Yes |
| Funds | No | No |
| Bonds - Government (Gilts) | No | No |
| Investment Trusts | No | No |
| Spread Betting | Yes | No |
| Crypto Trading | No | Yes |
| Advisor Services | No | No |
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing the trading tools of XTB and eToro, both platforms present distinct advantages to cater to varied trading needs. XTB provides traders the convenience of displaying corporate events such as earnings, splits, and dividends directly on their charts, a feature not available with eToro. However, eToro excels when it comes to charting options, offering an impressive 56 drawing tools compared to XTB's 20. Furthermore, eToro boasts 106 technical indicators in its arsenal, significantly more than XTB's 39. Both platforms support note-taking on charts, which enhances analytical precision for users.
While both XTB and eToro offer browser-based trading platforms and provide real-time market data, differences emerge in advanced functionality. eToro allows users to enrich their charts with index and stock overlays, options that XTB currently does not offer. Both platforms enable users to set up alerts for stock price updates, aiding traders in keeping track of market movements effortlessly. Overall, XTB and eToro each bring a unique set of tools to the table, with eToro shining in charting sophistication, and XTB offering a focus on corporate event visibility. UK traders can choose based on which features align best with their investment strategies.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 39 | 106 |
| Charting - Drawing Tools | 20 | 56 |
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | Yes | No |
| Charting - Stock Overlays | No | Yes |
| Charting - Index Overlays | No | Yes |
When comparing online brokers XTB and eToro in the context of available retirement accounts for UK investors, both platforms provide Individual Savings Accounts (ISAs), allowing users to enjoy tax-efficient investing. However, neither XTB nor eToro offers Self-Invested Personal Pension (SIPP) accounts, which means those seeking to invest specifically for retirement through a SIPP will need to look beyond these two brokers.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile apps of online brokers XTB and eToro, UK traders can enjoy accessibility no matter their device choice. Both XTB and eToro offer apps compatible with iPhone and Android, ensuring versatile trading options on the go. According to UK.StockBrokers.com, eToro's mobile app holds a top-tier rating of 5 out of 5 stars, placing it 5th among 21 brokers. Meanwhile, XTB's app, while slightly lower rated at 4.5 stars, still achieves a commendable rank of 6th. Overall, both brokers provide strong mobile trading experiences, though eToro edges ahead with its higher rating and rank in the mobile app category.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources of XTB and eToro for UK users, both platforms do not offer educational webinars, nor do they archive webinars for on-demand viewing. However, both XTB and eToro provide learning resources focused on share trading, but neither offer education on funds or retirement topics. According to UK.StockBrokers.com, both are rated 4.5 stars for their beginner education. In terms of ranking out of 21 brokers for educational offerings, XTB holds the 9th position, slightly ahead of eToro, which is ranked 11th. This makes both options equally appealing for those new to trading, though XTB edges ahead in rankings.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | No | No |
| Education (Retirement) | No | No |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
For UK investors exploring market research features, both XTB and eToro provide insightful options, though their offerings vary slightly. They align in providing shares and ETFs research, allowing traders to make informed decisions. Additionally, both platforms offer CFDs research to help users navigate this complex market. Furthermore, investors can view portfolio allocations by asset class on both XTB and eToro. However, neither platform includes research reports for funds or bonds, which could be a consideration for those seeking broader investment analysis. Overall, both brokers equip traders with essential research tools but share limitations in fund and bond research.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | No | No |
| Research - Funds | No | No |
| Fund Research - Research Reports | No | No |
| Portfolio Allocation Breakdown | Yes | Yes |
Which broker is better overall, XTB or eToro? After collecting more than 900 data points over a 10-week period, we found XTB to be a better trading platform overall.
XTB has set itself up as a strong competitor in commission-free share trading. Its low fees and solid educational content will make XTB particularly attractive to newer investors. It does not, however, offer an ISA or SIPP.
| Feature |
XTB
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eToro
|
|---|---|---|
| Overall Rating |
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| Mobile App |
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| Ease of Use |
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While XTB does not offer crypto trading, eToro provides a platform for cryptocurrency trading, making it a preferred choice for investors interested in digital currencies.
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0 of 5| Overall Rating | XTB | eToro | |
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| Review | XTB Review | eToro Review | |
| Winner | check_circle |
| Investments | XTB | eToro | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | No | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | Yes | |
| Funds | No | No | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | No | No | |
| Bonds - Government (Gilts) | No | No | |
| Investment Trusts | No | No | |
| Spread Betting | Yes | No | |
| Crypto Trading | No | Yes | |
| Advisor Services | No | No |
| Trading Fees | XTB | eToro | |
|---|---|---|---|
| Minimum Deposit | £0 | $50 | |
| Share Trading: 0-9 Deals/ Month | £0 | £0 | |
| Share Trading: 10-19 Deals/ Month | £0 | £0 | |
| Share Trading: 20+ Deals/ Month | £0 | £0 | |
| 5 trades per year (£30k portfolio) | £0 | £0 | |
| 12 trades per year (£30k portfolio) | £0 | £0 | |
| 36 trades per year (£30k portfolio) | £0 | £0 | |
| 120 trades per year (£30k portfolio) | £0 | £0 | |
| 3 fund trades per year (£30k portfolio) | N/A | N/A | |
| Annual Custody Fee: £0 - £250,000 | 0 | £0 | |
| Annual Custody Fee: £250K-£500K | 0 | £0 | |
| Annual Custody Fee: £500,000 - £1m | 0 | £0 | |
| Annual Custody Fee: £1m and over | 0 | £0 | |
| Bonds - Corporate - Fee | N/A | N/A | |
| Bonds - Government (Gilts) - Fee | N/A | N/A | |
| ETFs - Fee | £0 | £0 | |
| Investment Trusts - Fee | N/A | N/A | |
| Telephone Dealing Fee | N/A | N/A |
| Broker Screenshots | XTB | eToro | |
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| Education Gallery (click to expand) |
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| Platforms & Tools | XTB | eToro | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 39 | 106 | |
| Charting - Drawing Tools | 20 | 56 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | Yes | No | |
| Charting - Stock Overlays | No | Yes | |
| Charting - Index Overlays | No | Yes |
| Research | XTB | eToro | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | Yes | |
| Research - Funds | No | No | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | No | No | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | XTB | eToro | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | XTB | eToro | |
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| Review | XTB Review | eToro Review | |
| Winner | check_circle |
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