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 UK investors looking to compare XTB and eToro, both online brokers have excellent reputations with a 4.5-star rating from UK.StockBrokers.com when it comes to investment choices. When trading shares and ETFs, both platforms offer solid options. However, they part ways in the crypto arena—where eToro shines with a selection of cryptocurrencies, XTB doesn't offer this type of trading. Both brokers offer CFD trading but lack options like spread betting, funds trading, and bond investments. Neither provides advisor services, making them better suited to independent investors.
Though closely matched in star ratings, XTB claims the 13th spot among 18 brokers on UK.StockBrokers.com's ranking for investment choices, slightly outpacing eToro, which sits at 15th. Both platforms suit active traders keen on CFDs and equities, but those interested in a broader spectrum, particularly in cryptocurrency, may find eToro more fitting. As neither offers spread betting or advisor services, investors might need to look elsewhere to fulfill those specific needs.
| 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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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
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.
Both XTB and eToro provide iPhone and Android apps for trading enthusiasts in the UK. According to UK.StockBrokers.com, eToro's mobile app is awarded a perfect 5-star rating, surpassing XTB's commendable 4.5-star rating. In a comparison of 18 brokers, eToro secures the fifth spot for its mobile app offerings, while XTB follows closely at sixth place. With these ratings and rankings, eToro edges out XTB in mobile app performance, offering a slightly preferred experience for users on the go.
Dive deeper: Best Stock Trading Apps UK.
For UK beginners eager to dive into online trading, XTB and eToro both provide educational resources that are easy to understand, though they have their differences. Neither broker offers client webinars, whether live or on-demand. Both, however, cover the essentials of share trading to help novices grasp the basics of the financial market. Unfortunately, those looking for guidance on funds and retirement will not find educational content on these topics from either broker. According to UK.StockBrokers.com, both firms excel in beginner education, earning 4.5 out of 5 stars. Despite their identical ratings, XTB ranks slightly higher at 9th place out of 18 brokers, while eToro comes in at the 11th spot.
| 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 |
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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
|
|---|---|---|
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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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| 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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