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Comparison Interactive Brokers vs XTB
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Interactive Brokers vs XTB. Is Interactive Brokers or XTB a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Interactive Brokers on regular transactions of the stock exchange is $0.005, and XTB has a commission fee of from 0.3 pips. For trading in Forex, the commission fee of Interactive Brokers is 0.20 basis points, while the commission fee of XTB is from 0.1 pips. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: 0.15 basis points and from 0.3 pips for Interactive Brokers and XTB, respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor, and XTB provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. Concerning the platforms, Interactive Brokers uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while XTB uses 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. Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And XTB was founded in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. Withdrawal of funds from Interactive Brokers can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And XTB provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The withdrawal time for Interactive Brokers is 3-5 days, and that one for XTB is n/A.
As a result, the rating of Interactive Brokers is 4.1 stars versus that of XTB of 4.3 stars.