XTB vs TopFX

XTB vs TopFX Comparison Table 2023
XTB TopFX
4.8
3.3
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.

TopFX is a multi-regulated CFD broker with forex, indices, shares, commodities and ETFs traded via the MetaTrader 4 and cTrader platforms. Spreads are tight on the Zero account with competitive €5.50 round-turn commissions, and traders can be assured of fast execution and fair pricing from the broker's direct-market-access model.

81% of retail accounts lose money.
Bonus Offer
$50 No Deposit Bonus
Promotions

Earn Cashback When You Trade At XTB

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." "TopFX's competitive pricing and fast execution will suit experienced forex traders looking for good value and ultra-fast trading via an STP model."
Pros
  • Huge range of day trading markets with 5800+ instruments
  • There's a wide range of useful educational resources for beginners
  • The broker is FCA, KNF, CySEC, and IFSC-regulated
  • Reliable 24 hour support is available from Sunday to Friday
  • The broker holds multiple industry awards and is a respected brand
  • High-volume traders can access competitive cashback rebates
  • You can earn interest up to 5% on uninvested balances
  • A professional investing account is available for eligible clients
  • There are flexible account options with low spreads from 0.1 pips
  • Supports powerful MT4 and cTrader platforms
  • Fast execution with average speeds below 30ms
  • Generous rebate promotions for active traders
  • Spreads from zero and low commissions
  • Full range of investments
  • Fee-free account deposits
  • Fast one-day withdrawals
Cons
  • The broker's single platform offering is very limiting compared to alternatives
  • The instrument portfolio is limited mostly to CFDs
  • No demo account
  • Limited crypto trading opportunities
  • Limited educational resources or extra trading tools
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
  • Best Client Trading Experience Broker - Global Forex Awards
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto Forex, indices, shares, metals, energies, ETFs, CFDs
Demo Account
Yes No
Minimum Deposit
$0 $50
Trading Platforms
  • xStation
  • MT4
  • cTrader
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, IFSC, KNF, DFSA CySEC, FCA, FSA
Margin Trading
Yes Yes
Margin Rate
4.5%
STP Account
Yes Yes
ECN Account
No No
DMA Account
No Yes
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 Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Open API Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
TopFX offers low-cost copy trading tools to account holders through the cTrader platform. We like the real-time account and fund controls and the user-friendly interface which beats many alternatives.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
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. Trade CFDs on forex, stocks, indices, energies, metals and ETFs with fast execution and leverage up to 1:30 from the ESMA branch or up to 1:500 from the offshore branch. TopFX is known for its fast execution model with no dealing desk intervention and client safeguards including segregated funds.
Leverage
1:500 1:500
FTSE Spread
0.08% From 1.5
GBPUSD Spread
0.1 From 0.2
Oil Spread
0.03 From 2.0
Stocks Spread
0.2% Variable
Forex Trading
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. Trade 60+ currency pairs including majors as well as minors and exotics. This is a good range of FX pairs with attractive trading terms and spreads from zero offered on the broker's DMA accounts.
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 From 0.2
EURUSD Spread
0.2 From 0.2
EURGBP Spread
0.1 From 0.2
Assets
45+ 90
Cryptocurrency
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. Clients with a TopFX FSA regulated account can trade six crypto CFDs. However this is a narrow range and fees aren't the lowest so we don't recommend the broker for experienced crypto traders.
Spread
From 0.22% Floating
Coins
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
81% of retail accounts lose money.
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