Comparison EasyMarkets vs XTB
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare EasyMarkets vs XTB. Which of them: EasyMarkets or XTB a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Now, let’s compare commission fees in Forex, the commission fee of EasyMarkets is from 1.8 pips, and the commission fee of XTB is from 0.1 pips. We can also analyze commission fees for trading CFD: they are from 5 pips in EasyMarkets vs 0.08% minimum $8.00 USD in XTB. For a more complete picture, let’s consider trading in the metal market, where EasyMarkets and XTB have commission fees of from 45 pips and from 0.3 pips, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, Forex Trading, Crypto Trading are provided to customers by EasyMarkets and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by XTB. As for platforms, EasyMarkets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while XTB offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. EasyMarkets was established in 2001 in Cyprus, and it is regulated by CySEC, ASIC. And XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. We can withdraw funds from EasyMarkets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And XTB provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in EasyMarkets is 3 - 10 business days, and that one in XTB is n/A.
As a result, the rating of EasyMarkets is 4.5 stars versus that of XTB of 4.3 stars.