XTB Alternatives - Better Forex Brokers for 2024
Find out the major disadvantages of XTB Forex Brokers and alternatives with lower fees and more security. Unbiased XTB Alternatives reviews.
So which brokers are better than XTB? Want to jump straight to the answer? OspreyFX is the best alternative broker to XTB in 2024 .

3.7 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
100%
5.0/5
Tradable Assets
40%
2.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
70%
3.5/5
Support
50%
2.5/5

Things we didn't like:

 XTB has limited product portfolio
 Account opening is is quick, but the sales team can be very pushy
  24/7 customer support is also missing

Why would you want an alternative to XTB?

Considering an alternative to XTB may be prudent due to specific limitations. XTB no longer supports MetaTrader 4 and has never supported MetaTrader 5, which could be restrictive for traders who prefer these widely used platforms for their advanced features and familiarity. Additionally, XTB does not offer copy trading, despite recently launching XTB Social, a new social trading service, which limits options for traders interested in replicating successful strategies. Moreover, the custom investment basket tool on the xStation 5 platform has been temporarily discontinued, reducing functionality for traders who utilize this feature. Furthermore, while XTB has introduced XTB Social, it is currently only available in Poland, limiting access for traders outside this region.

What to look for in a XTB Alternative?

When seeking an alternative to XTB, prioritize brokers that support MetaTrader 4 or MetaTrader 5 if you prefer these platforms for their advanced features and extensive community support. Look for brokers that offer robust copy trading platforms if you are interested in replicating the trading strategies of successful traders. Ensure that the alternative broker provides a comprehensive and reliable trading platform with essential tools and features, including investment basket tools or similar functionalities for diversified trading strategies. Consider brokers that offer accessible and widely available social trading services to enhance your trading experience and opportunities. By focusing on these aspects, you can find a broker that better aligns with your trading preferences and offers a more comprehensive and supportive trading environment compared to XTB.

Best XTB alternatives – forex brokers like (or better than) XTB

Best XTB Alternatives

4.3 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
80%
4.0/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
80%
4.0/5
Trading Fees
100%
5.0/5
Support
80%
4.0/5

Things we liked:

 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

#1
OspreyFX Overview

Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.

4.2 / 5

Rating breakdown

Security
70%
3.5/5
Ease of Use
90%
4.5/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
60%
3.0/5

Things we liked:

 AvaTrade has low trading fees
 The account opening is user-friendly and fast
 It offers a lot of deposit and withdrawals options free of charge

Things we didn't like:

 The product portfolio is limited as it offers only CFDs, forex, and cryptos
 The research tools are limited

#2
AvaTrade Overview

Since its establishment in 2006, AvaTrade has expanded to 11 countries and offers an array of trading platforms for web, desktop, and mobile use. It facilitates trading in spot forex, forex options, and CFDs across various asset classes, including cryptocurrencies. AvaTrade boasts 300,000 registered traders executing over 3 million trades monthly, with a total traded value exceeding $1.47 trillion.

4.0 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
100%
5.0/5
Tradable Assets
50%
2.5/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
80%
4.0/5
Support
70%
3.5/5

Things we liked:

 XM has low trading fees
  The account opening is user-friendly and fast
 Lots of educational tools

Things we didn't like:

 XM has a limited product portfolio
 The research tools are limited
 It charges inactivity fees

#3
XM Overview

XM is a CySEC, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on Forex, Stocks, Commodities, Indices, Metals and Energies on the globally-recognised trading platforms MetaTrader 4 and MetaTrader 5 for PC, Mac, Web, iOS and Android systems.

XTB Alternatives Frequently Asked Questions (FAQs):

Are there any sites like XTB?
Yes, there are many sites offering similar services like XTB. Those include OspreyFX, NextTrade, Admiral Markets and many more. If you are to look for an alternative to XTB for your forex trading needs, then you must make sure it is one with a better offering.
Who are XTB Top Competitors?
XTB 's top competitors in July 2024 are: OspreyFX, AvaTrade, XM and more. OspreyFX is currently rank as the number one on the list of top Forex brokers.

Are you Satisfied with what They Offer?