huobi
Xtrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
huobi was founded in 2013 and is headquartered in China, while Xtrade was established in 2003 and is based in Australia. huobi holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. huobi serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at huobi and $1 at Xtrade.
| Feature | huobi | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F257 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2013 | 2003 |
| Country | China | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between huobi and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at huobi). Neither broker charges withdrawal fees. Xtrade charges deposit fees; huobi does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | huobi | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
huobi offers MT4, MT5, cTrader, a proprietary platform, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. huobi supports social and copy trading features, which Xtrade does not offer. huobi edges ahead on platform breadth and functionality in our scoring.
| Feature | huobi | Xtrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how huobi and Xtrade compare. huobi runs regular live webinars; Xtrade does not. huobi has a video library; Xtrade does not. huobi publishes daily market commentary; Xtrade does not. huobi integrates third-party research tools (Trading Central, Autochartist); Xtrade does not. huobi maintains an archive of past webinars for on-demand viewing. huobi scores higher overall in education and research.
| Feature | huobi | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. huobi uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. huobi scores higher on deposit and withdrawal flexibility.
| Feature | huobi | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | Yes | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both huobi and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. huobi offers multilingual support. Both brokers are comparable on support quality.
| Feature | huobi | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | Not available |