B

Trading212

7.1/10
Xtrade logo

Xtrade

6.6/10
10/10WinnerRegulation8/10
10/10FeesTied10/10
9/10PlatformsTied9/10
4/10WinnerEducation & Research0/10
8/10WinnerDeposits & Withdrawals0/10
7/10SupportWinner10/10

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Overview

Trading212 was founded in 2006 and is headquartered in UK, while Xtrade was established in 2003 and is based in Australia. Trading212 holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Trading212 serves 1,500,000+ clients worldwide; Xtrade has 10,000+. Both brokers share the same minimum deposit of $1.

Trading212 wins this category
FeatureTrading212Xtrade
Min. Deposit$1$1
RegulationFinancial Conduct Authority (FCA), Financial Supervision Commission (FSC)Cyprus Securities and Exchange Commission (CySEC)
Founded20062003
CountryUKAustralia
Clients1,500,000+10,000+

Fees

Fees are a critical factor when choosing between Trading212 and Xtrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Xtrade charges deposit fees; Trading212 does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureTrading212Xtrade
Min. Deposit$1$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Trading212 offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trading212 supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureTrading212Xtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Web Trader, Tablet & Mobile appsNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Trading212 and Xtrade compare. Trading212 has a video library; Xtrade does not. Trading212 integrates third-party research tools (Autochartist); Xtrade does not. Trading212 scores higher overall in education and research.

Trading212 wins this category
FeatureTrading212Xtrade
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Trading212 uniquely supports bank transfer and credit/debit card and PayPal and Skrill among the two brokers. Trading212 scores higher on deposit and withdrawal flexibility.

Trading212 wins this category
FeatureTrading212Xtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalYesNot available
SkrillYesNot available
NetellerNoNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Trading212 and Xtrade offer live chat support. Xtrade offers phone support; Trading212 does not. Email support is available at both brokers. Trading212 offers multilingual support. Xtrade scores higher overall on customer support in our assessment.

Xtrade wins this category
FeatureTrading212Xtrade
Live ChatYesYes
Phone SupportNoYes
Email SupportYesYes
LanguagesEnglish, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, TurkishNot available