XTB
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79% of retail CFD accounts lose money.

Vs.

Nextmarkets
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63.10% of retail CFD accounts lose money.

XTB Vs. Nextmarkets - Compare and Choose the Right One

Updated Jul 12 2022

Visit

79% of retail CFD accounts lose money.

Visit

63.10% of retail CFD accounts lose money.

Overview

XTB is an international broker specialised in CFD trading and low cost forex spreads.

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

Best For
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
  • New investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
  • MFSA (Malta Financial Services Authority)
The Good
  • Low forex & stock spreads
  • Professional platform with customisable layouts
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
The Bad
  • No ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2002 2014
💳 Minimum Deposit
$, €, £ - 0 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF. 2 - EUR, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, SY, IR. US, CA, SY, IR.
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, ETFs, commodities, currencies, indices and cryptocurrencies

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, commodities, indices, currencies, bonds and cryptocurrencies.
📙 Stocks
1,877 8,000+
📘 Currency Pairs
57 22
📗 Commodities
21 5
📕 Indices
36 5
📔 ETFs
135 1,000+
💸 Cryptocurrencies
5 4
📒 Bonds
N/A 1
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

All XTB assets are CFDs.

Nextmarkets provides both CFDs and real stocks or ETFs.

Trading Experience
📈 Minimum Stock Trade Size
$50 1 Share
📉 Minimum ETFs Trade Size
$50 1 ETF
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2)
📉 Minimum FX Trade Size
$1,000 $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold) Varies per commodity (eg: 1 contract of Gold - 1 trojan ounce)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
N/A Up to 1:100
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
Yes, $10 a month after 1 year of inactivity No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
For Stocks and ETFs / 0.08% - $8 Minimum commission No
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.8 Pips Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $2
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $120 Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No