XTB vs Tradeview - Fees Review included
Which broker is better XTB or Tradeview? Our expert assessment conducted according to TU’s own methodology showed that XTB is one of the top brokers in the financial market with the TU Overall Score of 5.17 out of 10. Tradeview is one of the top brokers in the financial market with the TU Overall Score of 4.44 out of 10. Find out more about TU Overall Score.
| Feature | XTB | Tradeview |
|---|---|---|
Overall |
4.3 |
4.2 |
4.7 |
3.8 |
|
3.8 |
4.8 |
|
4.7 |
4.6 |
|
Investment Instruments |
1 |
3.6 |
Platforms and Charting Tools |
4.4 |
5.0 |
Deposit and Withdrawal |
4.8 |
4.6 |
Research |
4.1 |
2.1 |
Education |
4.4 |
1.8 |
Support |
4.5 |
4.6 |
Bonuses |
4.6 |
1 |
|
|
|
XTB vs Tradeview: Pros and Cons
The X Trade Brokers (hereinafter “XTB”) is registered in Belize and provides a fairly extensive list of financial services to traders. The company was incorporated in 2002 and its financial regulator is the Belize International Financial Services Commission (IFSC). The broker has offices in Spain, Poland, and the UK, where it is authorized and regulated by the National Financial Supervision Commissions. The XTB is focused on working primarily with European investors. It has several significant awards, including the Best Broker in Europe award by Global Banking & Finance Review and Best Financial Teacher by World Finance Exchange & Brokers.
Tradeview Markets is an ECN and CFD broker that has been operating since 2004. The company offers trading with 5 asset classes. There is also a separate Tradeview Markets unit providing stock CFD trading services. The office is headquartered in the Cayman Islands. Over 100 000 clients from different countries use the broker’s services. The broker operates under a financial services license issued by the Cayman Islands Financial Regulator (CIMA) and the Malta Financial Services Authority (MFSA).
| XTB | Tradeview | |
|---|---|---|
| Overall Pros | 2100+ trading instrumetns | Tight market spreads (from 0.1 pips) |
| Big choice of ETF CFDs | Access to the cTrader Copy service | |
| Everage EURUSD spread 0.1 pip | Copying services via its cTrader Copying app | |
| Advanced xStation trading platform | 4 types of trading terminals – MetaTrader 4, MetaTrader 5, cTrader and CurreneX | |
| Well regulated broker | No trading restrictions | |
| Overall Cons | High non trading fees - 1.5% commission for withdrawal to credit cards, Account fee 10EUR etc. | Withdrawal fees |
| High stock CFDs fees | Limited education | |
| ECN account minimum deposit $1,000 | ||
| No tier-1 regulations |
XTB vs Tradeview: Safety and Regulation
| Regulated By: | XTB | Tradeview |
|---|---|---|
US Regulation |
NO |
No |
FCA (Great Britain) |
Yes |
No |
CySec (Cyprus, EU) |
Yes |
No |
ASIC (Australia) |
No |
No |
Other Regulators |
International Financial Services Commission in Belize. (IFSC License No.: 000302/185) |
Cayman Island Monetary Authority (CIMA) License #585163; Malta Financial Services Authority, MFSA Licence number: IS/93990. |
XTB vs Tradeview: Trading Conditions
| Trading Conditions | XTB | Tradeview |
|---|---|---|
Minimum Deposit |
$1 |
$100 |
Trading Platforms |
MetaTrader 4 and xStation 5 |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), cTrader, CurreneX, Sterling Trader |
Max Leverage (Futures) |
1-500 (only for non EU and UK clients), 1-30 |
1-400 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals, Cryptocurrencies and ETFs |
Currency pairs (60), indices (9), metals (3), energy resources (3), cryptocurrencies (5),over 5,000 real U.S. stocks and options |
Trading assets |
2100+ |
5000+ |
Trading Accounts |
Demo, Standard, Pro, Islamic |
Demo, Innovative Liquidity Connector, X Leverage Account |
Base Account Currencies |
USD |
USD, EUR, GBP, JPY, CAD, AUD |
XTB vs Tradeview: Fees
Forex Trading Fees
| Fee | XTB | Tradeview |
|---|---|---|
Standard Account EURUSD Average Spread |
1 pip |
Competetive |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$2.5 per trade |
ECN Account EUR Average Spread |
Not supported |
0.1 pips |
CFD Trading Fees
| Fee | XTB | Tradeview |
|---|---|---|
CFD Trading Fee |
0.3% for stock and ETF CFDs trading, 4USD per 1 BTC, 10 ETH, 1000 LTC |
Floating spread |
Non-Trading Fees
| Fee | XTB | Tradeview |
|---|---|---|
Account Fee |
$10 EUR per month |
No |
Deposit Fee |
No |
No |
Withdrawal Fee |
1.5% of the amount (but not less than USD 30) when withdrawing money to a bank card (Visa, Mastercard), as well as when withdrawing to SafetyPay. When withdrawing to Neteller and Skrill, XTB charges 2% of the withdrawal amount. |
There is a fixed commission of c or equivalent. The commission is 1.5% for Neteller, and 1% for Skrill. |
Inactivity Fee |
€10 per month after 12 months of inactivity |
$50 per month after 6 months of inactivity |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
XTB vs Tradeview: Trading Assets
| Asset Name | XTB | Tradeview |
|---|---|---|
Overall |
2100+ |
5000+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
Yes |
Futures Trading |
No |
Yes |
Binary Options |
No |
No |
XTB or Tradeview: Investment Programs
| Asset Name | XTB | Tradeview |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: Tradeview or XTB
| XTB | Tradeview | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
xStation 5 |
No |
Others |
No |
CurreneX, Sterling Trader |
|
|
|
XTB vs Tradeview: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | XTB | Tradeview |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
No |
Yes |
XTB vs Tradeview: Research
| Research Type | XTB | Tradeview |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
No |
No |
Trading Ideas |
No |
No |
E-Mail Reports |
No |
No |
XTB vs Tradeview: Education
| Education Type | XTB | Tradeview |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
No |
Tradeview vs XTB: Support
| Support Features | XTB | Tradeview |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
Contract form |
XTB vs Tradeview: Forex Bonuses and Promo
| Promo | XTB | Tradeview |
|---|---|---|
Forex Bonus |
Welcome bonus for non UK/EU & MENA residents . 50% of your first deposit can be added to your account if you trade a minimum amount of lots (15% of your first deposit amount) within 60 days of your account opening, clients should aply for Welcombe bonus and deposit at least $100. |
No |
Affiliate Program |
The XTB affiliate program allows a client of the company to earn additional income by advertising the broker and attracting new clients. The amount of such income is up to 20% of the spread of the referred client |
Only for corporate clients |
Other Promos |
he XTB cashback (rebates) program is primarily for traders who trade actively. The client has the opportunity to receive partial compensation of the spread, subject to the fulfillment of the monthly trading volume |
|
|
|
|
Top 5 Reviews on Tradeview
-
Comment
It is not possible to withdraw money from Tradeview. The request hangs for 3 weeks, but the withdrawal is still pending. Friends, do not open an account with this company, they will definitely deceive you. They are scammers, I tell you for sure!
-
Comment
Tradeview does not display transactions on the interbank market. Everything spins in their company and goes straight into their wallet. Out of inexperience, I brought my money here in order to increase it, 6000 bucks, but nothing was left of them, unfortunately. Don't believe a single word they say!
-
Comment
threw 300 dollars, everything was fine, reached 1000 tried to withdraw, everything went fine. threw another 1500 to 5k everything was fine. yesterday I go in and writes: data entered incorrectly (lost money! do not believe them! everything is a scam!!!!
-
Comment
These are real scammers! The money will be withdrawn a couple of times, and the next one freezes, then all communication disappears. Deception!!!
-
Comment
If you are an active trader and if you need a broker with a small commission, then you should pay attention to the Tradeview Markets. This broker provides very good conditions. Spreads tend toward zero, and the commission is small. If you have more than $100,000 in capital and your traded volume exceeds a certain level, then you will be provided with VIP conditions with very low commission, spreads, and other chips. I can’t say anything about the affiliate program, because I didn’t use it.
Top 5 Reviews on XTB
-
Comment
XTB’s platform works perfectly, there are almost no slippages or requotes, and execution is usually instant, which significantly increases the chances of profit. Few brokers can boast of such a high-quality platform.
-
Comment
There are quite a lot of brokerage companies. There are good and bad brokers, and those who have nothing to do with financial markets at all. XTB is not a perfect company, but it has many advantages over others. Its main advantage is client support, account maintenance, and a low entry threshold. Personally, I decided on this company.
-
Comment
I chose XTB among many brokers 6 months ago. Spread is low, execution is smooth, and withdrawals are quick on weekdays. This is quite enough for me.
-
Comment
xtb is an excellent company, I have been working with it for 3 years. I withdraw large sums to the card. The quotes are even without problems, there is a choice of other platforms, and fees are minimal. I totally confirm reviews of xtb!
-
Comment
I consider xtb a promising broker. I worked with it for some time — everything was excellent and most importantly of high quality. When I was withdrawing funds for the first time, I had to wait a little and I even started to get nervous, but in the end everything worked out. So I recommend this company as honest and of high quality.
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FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.