Written by StockBrokers.com
In this head to head comparison of eToro vs XTB, 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, eToro offers better pricing than XTB 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 - eToro would cost £0 per year, while XTB would cost £0 per year.
12 trades per year - eToro would cost £0 per year, while XTB would cost £0 per year.
36 trades per year - eToro would cost £0 per year, while XTB would cost £0 per year.
120 trades per year - eToro would cost £0 per year, while XTB would cost £0 per year.
3 fund trades per year - eToro would cost $50 per year, while XTB would cost £0 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.
When considering online brokers for your investment needs, eToro and XTB both present compelling options. eToro offers a broad range of trading opportunities, including shares, cryptocurrencies, ETFs, and CFDs. Meanwhile, XTB also provides share, ETF, and CFD trading but does not support cryptocurrency trading. Neither eToro nor XTB offer spread betting, fund trading, corporate bonds, government bonds, investment trusts, or advisory services, making them comparable in these areas.
eToro and XTB both receive a commendable rating of 4.5 stars for investment choices from UK.StockBrokers.com. However, when it comes to ranking, eToro stands at #9 out of 18 brokers reviewed, indicating slightly better standing than XTB, which is ranked #14. This makes eToro a slightly more versatile option for traders looking to explore the world of cryptocurrencies in addition to traditional asset classes.
| Feature |
eToro
|
XTB
|
|---|---|---|
| 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 | No | Yes |
| Crypto Trading | Yes | No |
| 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 offered by eToro and XTB, several key differences and similarities emerge. eToro boasts a more extensive range of drawing tools and technical indicators, offering 56 drawing tools and 106 technical indicators, while XTB provides 20 drawing tools and 39 technical indicators. Both platforms allow users to add notes to charts and offer browser-based trading platforms, ensuring versatile usage for their clients. However, eToro stands out with the ability to add index and stock overlays to charts, a feature not available on XTB. On the flip side, XTB provides the ability to display corporate events on charts, a functionality missing from eToro’s offerings.
Both eToro and XTB ensure users have access to real-time market data and the option to create alerts for stock price updates, crucial features for active trading. While eToro leads with its variety of charting tools and overlays, XTB appeals to users interested in visualizing corporate events such as earnings, splits, or dividends directly on their charts. These diverse functionalities highlight the unique strengths of each platform, guiding traders to choose based on their specific needs and preferences in the dynamic world of online trading.
| Feature |
eToro
|
XTB
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 106 | 39 |
| Charting - Drawing Tools | 56 | 20 |
| Charting - Notes | Yes | Yes |
| Charting - Display Corporate Events | No | Yes |
| Charting - Stock Overlays | Yes | No |
| Charting - Index Overlays | Yes | No |
When comparing the online brokers eToro and XTB regarding their retirement account offerings, both platforms provide Innovate Finance ISAs (ISA accounts), allowing UK investors to benefit from tax-free returns. However, neither eToro nor XTB supports Self-Invested Personal Pensions (SIPP accounts), which may be a consideration for those specifically seeking pension investment options. Overall, while both brokers cater to ISA account holders, investors looking for diverse retirement planning tools might need to explore additional providers for SIPP options.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When comparing the mobile apps of online brokers eToro and XTB, both platforms offer apps compatible with iPhone and Android devices. eToro's mobile app shines with a top rating of 5 stars from UK.StockBrokers.com, placing it impressively at #5 out of 18 brokers for mobile app performance. Meanwhile, XTB's app, rated at 4.5 stars, holds its own with a commendable ranking at #10. Whether you're using an iPhone or Android, both eToro and XTB provide solid mobile trading experiences, though eToro's app enjoys slightly higher recognition in the market.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources of eToro and XTB, both online brokers offer substantial education on share trading, yet neither provides webinars, nor archived webinars, for client learning. Additionally, neither platform offers educational content focused on funds or retirement. According to UK.StockBrokers.com, both eToro and XTB receive a commendable rating of 4.5 stars for their beginner education, with eToro ranking 10th and XTB slightly ahead at 8th out of 18 brokers. This makes XTB narrowly more favored overall for newcomers seeking educational resources, despite similar offerings in specific topics like share trading.
| Feature |
eToro
|
XTB
|
|---|---|---|
| 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.
When comparing the market research features of online brokers eToro and XTB, both platforms provide valuable tools for investors, though each has its own strengths. Neither eToro nor XTB offers research reports for mutual funds or bonds, but both brokers excel in other areas. Users can easily view their portfolio allocation by asset class on both platforms, an essential feature for those managing diverse investments. Additionally, eToro and XTB provide robust research options for shares, ETFs, and CFDs, ensuring traders can stay informed with comprehensive market insights. However, if you're seeking research specifically for funds or bonds, you'll need to explore other resources as these are not covered by either broker.
| Feature |
eToro
|
XTB
|
|---|---|---|
| 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, eToro or XTB? After collecting more than 900 data points over a 10-week period, we found eToro to be a better trading platform overall.
eToro offers a wide range of assets and instruments and is well-known for its ‘social trading’ approach. It has among the lowest fees and best mobile app experiences of brokers we tested in the U.K., and offers a great starting point for those new to stock trading. Our analysis finds it better suited to short-term traders than long-term investors.
| Feature |
eToro
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XTB
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When comparing online brokers, eToro distinguishes itself by offering cryptocurrency trading, whereas XTB does not provide this feature, catering instead to traders interested in other asset classes.
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0 of 5| Overall Rating | eToro | XTB | |
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| Review | eToro Review | XTB Review | |
| Winner | check_circle |
| Investments | eToro | XTB | |
|---|---|---|---|
| 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 | No | Yes | |
| Crypto Trading | Yes | No | |
| Advisor Services | No | No |
| Trading Fees | eToro | XTB | |
|---|---|---|---|
| Minimum Deposit | $50 | £0 | |
| 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 | eToro | XTB | |
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| Education Gallery (click to expand) |
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| Platforms & Tools | eToro | XTB | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 106 | 39 | |
| Charting - Drawing Tools | 56 | 20 | |
| Charting - Notes | Yes | Yes | |
| Charting - Display Corporate Events | No | Yes | |
| Charting - Stock Overlays | Yes | No | |
| Charting - Index Overlays | Yes | No |
| Research | eToro | XTB | |
|---|---|---|---|
| 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 | eToro | XTB | |
|---|---|---|---|
| Education (Share Trading) | Yes | Yes | |
| Education (Funds) | No | No | |
| Education (Retirement) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | eToro | XTB | |
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| Review | eToro Review | XTB Review | |
| Winner | check_circle |
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