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 seeking to diversify their portfolios, both XTB and eToro present compelling options. XTB excels in offering share trading, ETF trading, and CFDs, allowing for a wide range of opportunities across different markets. While XTB does not currently provide services for crypto trading, spread betting, or funds trading, its focus on these key investment avenues has earned it a rating of 4.5 stars for investment choices by UK.StockBrokers.com. Ranked slightly higher at #13 out of 21 brokers, XTB is a noteworthy contender for those focused on these traditional investment tools.
Conversely, eToro also garners a 4.5-star rating for its investment choices, with a particular emphasis on modern trading options like crypto trading, alongside shares, ETFs, and CFDs. However, similar to XTB, eToro does not offer spread betting, funds trading, or bond and trust investments at this time. Despite being ranked #15, just behind XTB, eToro provides a unique social trading component that might appeal to investors who value community insights along with their investment decisions. Both platforms offer strong options, leaving investors in the UK with quality choices depending on their preferred markets.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | Yes |
| ETFs | Yes | Yes |
| Funds | ||
| Bonds - Government (Gilts) | ||
| Investment Trusts | ||
| Spread Betting | Yes | |
| Crypto Trading | Yes | |
| Advisor Services | ||
| 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 available from XTB and eToro, there are key differences that might influence your decision. XTB provides a more straightforward package with 20 drawing tools and 39 technical indicators. It allows you to display corporate events like earnings and dividends on charts, as well as to add notes for easier tracking. Although lacking in the ability to include index and stock overlays, XTB does offer crucial features such as a browser-based trading platform, stock price alerts, and real-time market data, catering to those who appreciate simplicity and direct access.
eToro, on the other hand, impresses with a wider array of advanced features in charting and analysis. With 56 drawing tools and 106 technical indicators, it's particularly appealing for traders who need detailed insights. Unlike XTB, eToro supports the addition of both index and stock overlays on charts, providing a richer context to analyze market movements. Both platforms offer browser-based trading, real-time data, and stock price alerts, but eToro's comprehensive charting options might be the deciding factor for users seeking depth in their trading analysis.
| 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 | |
| Charting - Stock Overlays | Yes | |
| Charting - Index Overlays | Yes |
When comparing the online brokers XTB and eToro for UK investors, especially regarding retirement account offerings, both platforms provide ISA accounts, making them viable options for tax-efficient investment. However, neither XTB nor eToro currently supports SIPP accounts, which investors might consider if seeking a broader range of retirement savings options. This similarity in account offerings may lead UK investors to focus on other factors like fees, user experience, and investment choices when selecting between the two platforms. Ultimately, the choice will hinge on individual investment goals and preferred account types beyond ISAs.
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.
For UK investors just starting, both XTB and eToro provide strong educational resources to ease the learning curve. XTB and eToro offer educational webinars, though neither archives these for on-demand viewing. Both platforms provide education on share trading but lack coverage on funds and retirement topics. In ratings, XTB and eToro are tied with 4.5 stars for beginner education according to UK.StockBrokers.com. However, XTB edges slightly ahead with a #9 ranking out of 21 brokers, compared to eToro's #11 spot, making both viable choices but with XTB having a slight advantage for novices looking to build their trading knowledge.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | Yes | Yes |
| Education (Funds) | ||
| Education (Retirement) | ||
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When it comes to market research features, both XTB and eToro offer useful tools for UK investors looking to diversify their portfolios. While neither platform provides research reports specifically for funds, they do allow users to view portfolio allocation by asset class, making it easier to manage investments. Both XTB and eToro provide research tools for shares, ETFs, and CFDs, offering insights into various types of assets. However, for those interested in researching funds or bonds specifically, it's important to note that these resources are not available on either platform. Overall, both XTB and eToro equip investors with essential research capabilities, though each has its limitations regarding certain financial products.
| Feature |
XTB
|
eToro
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | Yes |
| Research - ETFs | Yes | Yes |
| Research - Bonds | ||
| Research - Funds | ||
| Fund Research - Research Reports | ||
| 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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| Overall Rating |
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| Mobile App |
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While eToro offers the option of cryptocurrency trading, XTB does not provide crypto trading services.
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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 | |||
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | Yes | |
| Funds | |||
| ETFs | Yes | Yes | |
| Bonds - Corporate | |||
| Bonds - Government (Gilts) | |||
| Investment Trusts | |||
| Spread Betting | Yes | ||
| Crypto Trading | Yes | ||
| Advisor Services |
| 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 | ||
| Charting - Stock Overlays | Yes | ||
| Charting - Index Overlays | Yes |
| Research | XTB | eToro | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | Yes | |
| Research - Funds | |||
| Fund Research - Research Reports | |||
| Research - ETFs | Yes | Yes | |
| Research - Bonds | |||
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | XTB | eToro | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | |||
| Education (Retirement) | |||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | XTB | eToro | |
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| Review | XTB Review | eToro Review | |
| Winner | check_circle |
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