XTB vs Bitfinex

XTB vs Bitfinex Comparison Table 2024
XTB Bitfinex
4.8
3.9
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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

Bitfinex is a crypto trading firm with a powerful proprietary platform and a good range of digital assets. With 180+ cryptocurrencies and 430+ market pairs traded via spot or perpetual swap derivatives, this is a flexible exchange with plenty of opportunities for serious crypto traders. Bitfinex also offers decent leverage up to 1:10.

81% of retail accounts lose money.
Customer Reviews
4.5
Bonus Offer
Referral codes
Comment by Reviewer
"XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low short-term trading fees. The free education center is also a bonus, as well as the straightforward account opening process." "Experienced crypto traders who want to trade spot or derivatives in high volumes will find a good match in Bitfinex."
Pros
  • There's a wide range of useful educational resources for beginners, including platform tutorials and forex guides
  • Reliable 24/5 support is available, including a friendly live chat which responds within 2 minutes during testing
  • Day traders and stock investors can access a huge range of 5800+ markets via CFDs and real stocks
  • The broker is FCA, KNF, CySEC, and IFSC-regulated and has been in operation for over 20 years
  • XTB has introduced Investment Plans with passive investing opportunities for hands-off traders
  • High-volume traders who trade over 15 lots per month can access cashback rebates
  • The broker offers same-day withdrawals if requested before 1pm
  • The UK branch pays interest up to 5% on uninvested balances
  • Excellent selection of cryptos with hundreds of tokens including Bitcoin
  • Perpetual swap derivatives trade with up to 1:10 leverage
  • Powerful in-house terminal is compatible with MT4 and MT5
  • BitGo instant for zero confirmations on instant Bitcoin transactions
  • Reliable multilingual customer support
  • Staking program (ie: ETH staking)
  • API Python 3 key
  • Web socket
  • Quandl data
Cons
  • The broker's single platform offering is very limiting compared to the multiple terminals offered by many competitors
  • There are no third-party research tools available, such as AutoChartist or Trading Central
  • Withdrawals below $50 incur a $30 fee at the international entity
  • Not as user-friendly as some competitors
  • History of security breaches raises concerns
  • Lengthy verification process can take up to 8 weeks
Awards
  • 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
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto Cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $10,000
Trading Platforms
  • xStation
  • MT4
  • MT5
  • AlgoTrader
Payment Methods
Minimum Trade
0.01 Lots $10 - $25
Regulator
FCA, CySEC, IFSC, KNF, DFSA
Margin Trading
Yes Yes
Margin Rate
4.5%
STP Account
Yes No
ECN Account
No 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 No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS, Android
App Review

Year after year XTB’s app stands out for its slick design and uncluttered interface that we love. It’s quick, responsive and packed with useful features, notably integrated sentiment data, market news, economic calendars and education. The user-friendly order panel underneath the trading chart also makes placing trades, including adding take profit and stop loss levels, really straightforward.

Android App Rating
4.3
iOS App Rating
4.7
Auto Trading
Open API Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • JPY
Stock Exchanges
Commodities
CFD Trading
There's a large suite of 2100 CFDs available to trade on a proprietary trading terminal. You can diversify across forex, indices, commodities, cryptos, stocks and ETFs. There are also plenty of CFD trading resources and tutorials available from the broker's education section. CFD trading not offered
Leverage
1:500
FTSE Spread
0.08%
GBPUSD Spread
0.1
Oil Spread
0.03
Stocks Spread
0.2%
Forex Trading
XTB offers 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Additionally, you can access 34 technical indicators in the proprietary xStation 5 platform, alongside multiple order types including Trailing Stop. Forex trading not offered
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.

GBPUSD Spread
0.1
EURUSD Spread
0.2
EURGBP Spread
0.1
Assets
45+
Cryptocurrency
XTB offers an excellent range of 46 crypto markets, all with competitive spreads from 0.22% on BTC and leverage up to 1:5. 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. Bitfinex offers clients trading on a superb range of crypto assets, including more than 180 tokens. Perpetual swap trading is supported in addition to spot, giving traders access to margin trading on crypto assets with up to 1:10 leverage.
Spread
From 0.22% Taker (0.2% to 0.055%) and maker (0.1% to 0.0%)
Coins
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
  • BTC
  • ETH
  • USDT
  • LTC
  • XRP
  • DOGE
  • ETC
  • EOS
  • LINK
  • BCHN
  • DOT
  • DASH
  • IOTA
  • SUSHI
  • NEO
  • ZEC
  • UNI
  • ADA
  • OMG
  • MDOGE
  • BSV
  • TRX
  • XTZ
  • SOL
  • XLM
  • YFI
  • USDC
  • ZRX
  • FIL
  • VET
  • XMR
  • COMP
  • BTG
  • DAI
  • LUNA
  • CEL
  • ALGO
  • ATOM
  • EGLD
  • FTT
  • AVAX
  • MKR
  • LEO
  • BTT
  • CHZ
  • BAT
  • BAND
  • QTUN
  • CLO
  • AAVE
  • XDC
  • HEZ
  • KNC
  • ZIL
  • MANA
  • BAL
  • UOS
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
81% of retail accounts lose money.
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