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Articles / XTB vs Trading 212: 2023 Comparison

XTB vs Trading 212: 2023 Comparison

Franklin Carneiro da Silva| Updated: February 27, 2023

Are you confused about whether to choose XTB vs Trading 212 as a broker for your investing needs?

In this side-by-side comparison, we analyse XTB vs Trading 212 to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

XTB vs Trading 212: 2023 Comparison 1
Visit XTBAsset 3

79% of retail CFD account lose money.

Ideal for
Commission-free ETFs and CFDs trading

XTB is a well-known online broker listed on the Warsaw Stock Exchange. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, and exceptional customer service.

xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages and volume. Navigation is simple, with an intuitive order placing for any asset class.

On the negative side, XTB has a limited product portfolio and charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days).

XTB vs Trading 212: 2023 Comparison 2
Visit Trading 212Asset 3

Investing involves risk of loss.

Ideal for
Commission-free stock and ETF trading

Trading 212 is a fintech based in London that aims to democratize the entire investment process through a simple web and mobile application.

The company aims to do this by allowing its more than 15 million users to invest in over 10,000 stocks and ETFs, Forex, commodities, CFDs, and cryptocurrencies.

You will find commission-free stocks and ETFs trading, fractional shares, and even an automatic investment system. New users get one free share worth up to €100 (promo code IITW). On the downside, it shows limitations regarding available products.

Pros and Cons

Pros

  • Free stocks trading (only applicable to some EU countries)
  • Customizable trading platform (charts and workspace)
  • Low Forex Spreads
  • Demo account
  • No minimum account deposit
  • Valuable education materials
  • Top-tier Regulators

Cons

  • Complex trading platform for a beginner
  • High Stock CFD fees
  • Limited product portfolio
  • Withdrawal fees for transfers below $100
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)

Pros

  • Commission-free Real Stocks and ETFs trading
  • AutoInvest & Pies feature
  • Fast and easy account opening process
  • Demo account
  • Top Tier Regulators
  • One free share worth up to 100€ using the promo code "IITW"

Cons

  • Limited product portfolio (no Options, Bonds, Mutual Funds or Futures)
  • No relevant Fundamental tools
  • Spreads on Forex CFDs may be high in certain trading hours
  • Foreign exchange fees (0.15% and 0.50% in “Invest” and “CFDs” accounts, respectively)
XTB vs Trading 212: 2023 Comparison 3
XTB vs Trading 212: 2023 Comparison 4
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • XTBAsset 3

    79% of retail CFD account lose money.

  • General Information
  • Founded in2002
  • Demo Account
  • Account Minimum€/$/£1
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*Only in some countries.
  • ETFs*Only in some countries.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Forex, Indices, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • EU stocks€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • ETFs€0**Up to €100.000 in monthly volume transactions - Only applicable in some countries.
  • CryptocurrenciesNot Applicable**Spreads from 0.22% on Crypto CFDs.
  • Custody Fee€0
  • Inactivity Fee€10/month**After 1 year login inactivity and if no deposit was made in the previous 90 days.
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0.50%
  • Security
  • RegulatorsFCA and CySEC.
  • Investor Compensation Scheme(per person, per institution)

    Up to €20,000 for clients under XTB SA; Up to £85,000 for clients under XTB Limited.

  • Trading 212Asset 3

    Investing involves risk of loss.

  • General Information
  • Founded in2004
  • Demo Account
  • Account Minimum€/£10
  • Interest on unninvested cash (annually)EUR: 1.25%; USD: 1.90%; GBP: 1.65%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, Indices, Currencies and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€/£0
  • EU stocks€/£0
  • ETFs€/£0
  • CryptocurrenciesNot Applicable
  • Custody Fee€/£0
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£0
  • Currency Conversion Fee0.15%**0.50% in CFDs trading.
  • Security
  • RegulatorsFCA and FSC.
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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