FXORO vs XTB Comparison Table 2023
FXORO Review 2023 XTB Review 2023
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FXORO is an international brokerage firm founded in 2010 and based in Cyprus. The firm is regulated by the Cyprus Securities and Exchange Commission (CySEC) and provides consistent trading conditions with negative balance protection and free membership to the investor's compensation fund.

XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 5800 instruments on their xStation platform. They boast 700,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA.

81% of retail accounts lose money.

Earn Cashback When You Trade At XTB

Comment by Reviewer
"Based on my time testing the platform, I think FXORO best suits experienced traders who use active, high-volume strategies and appreciate ECN pricing with narrow spreads. That said, I do think the asset line-up and choice of platforms could be expanded to compete with the top brands." "XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low trading fees. The free education center is also a bonus, as well as the straightforward account opening process."
  • I was glad to see a wide range of payment methods available during my tests, including bank wire, credit cards and several accessible e-wallet solutions
  • I'm pleased to see that FXORO offers the reliable MetaTrader 4 platform, which will serve both beginners and experienced traders
  • FXORO offers a decent range of account types to cater to all traders, including fixed spread, ECN and Islamic accounts
  • FXORO is authorized by CySEC, a respected tier-one regulator with robust financial safeguards in place
  • 5800+ instruments covering major markets
  • Useful educational resources for beginners
  • FCA, KNF, CySEC, and IFSC-regulated
  • 24 hour support available Sunday to Friday
  • Multiple industry awards and respected brand
  • Cashback rebates for high-volume traders
  • Earn interest up to 5% on uninvested balances
  • Professional investing account
  • 1:500 leverage for global traders
  • 3000+ fractional shares
  • Flexible account options
  • Mobile trading alerts
  • Spreads from 0.1 pips
  • I was disappointed that FXORO doesn't offer any copy trading tools, which is a feature offered at many competitors
  • I would have liked to see another platform on offer, as well as some additional analysis tools
  • FXORO's asset line-up is mediocre compared to popular alternatives
  • Single platform offering
  • Not available to US clients
  • Instrument portfolio limited to mostly CFDs
  • Best Forex Broker for Beginners 2022
  • Best Customer Service 2021
  • Best Forex Broker for Low Costs 2021
  • Best Mobile App for Investing 2020
  • #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
  • Best Polish Forex Broker 2019
  • Best Execution Broker 2019
CFDs, Forex, Shares, Indices, Commodities, ETFs, Cryptos CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$200 $0
Trading Platforms
  • MT4
  • TradingCentral
  • Own
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Margin Trading
Yes Yes
Margin Rate
STP Account
No Yes
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No Yes
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$25 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CHF
  • USD
  • EUR
  • GBP
Stock Exchanges
CFD Trading
My tests found that FXORO provides offers an average range of CFD products, covering forex, cryptos, commodities and equities. All these assets can be charted and analyzed manually or automatically with ease through the MetaTrader 4 platform. Trade a large suite of 2100 CFDs with ultra-fast execution speeds and 24-hour trading. You can build a diverse portfolio with access to forex, indices, commodities, cryptos, stocks and ETFs. Retail traders also get negative balance protection and zero commissions.
1:30 1:500
FTSE Spread
2 (Fixed Account) 0.08%
3 (Fixed Account) 0.1 pips
Oil Spread
4 (Fixed Account) 0.03 pips
Stocks Spread
From 7 (Fixed Account) 0.2% variable
Forex Trading
FXORO has a decent range of forex products on offer, although I would have preferred to see greater opportunities within the exotic currency markets. However, the 60 pairs that clients can trade are supplemented by MT4 access and leverage rates of up to 1:30. Trade 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Micro lot trading is also available and new currency traders can make near-instant deposits with no fees.
Forex App

With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.

3 (Fixed Account) 0.1
2 (Fixed Account) 0.2
3 (Fixed Account) 0.1
60+ 45+
FXORO clients can access a mediocre range of 9 cryptocurrencies, consisting of key players like Bitcoin, Ethereum and Litecoin. Whilst this is more substantial than many brokers, I feel a much greater range would be required to compete with the top crypto brokers. XTB offers an excellent range of crypto markets, all with competitive spreads. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts.
Bitcoin: $80 over market price (Fixed Account) From 0.22%
  • BTC
  • LTC
  • ETH
  • XLM
  • DOG
  • DASH
  • NEO
  • EOS
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
81% of retail accounts lose money.
More Comparisons