Comparison IFC Markets vs XTB
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs XTB. Is IFC Markets or XTB a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of IFC Markets on regular transactions of the stock exchange is from 0.1%, and XTB has a commission fee of from 0.3 pips. Now, let’s compare commission fees in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, and the commission fee of XTB is from 0.1 pips. When analyzing commission fees in CFD: IFC Markets provides spreads from 34 pips, and XTB provides 0.08% minimum $8.00 USD. For a more complete picture, let’s consider trading in the metal market, where IFC Markets and XTB have commission fees of fixed spreads at 45 pips and from 0.3 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.
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, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by XTB. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. Withdrawal of funds from IFC Markets can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of fees vary. And XTB provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in IFC Markets is 1 - 5 business days, and that one in XTB is n/A.
Overall, IFC Markets boasts 4.8 stars versus XTB 4.3 stars.