amarkets vs XTB, for 2024
Read our In-Depth amarkets vs XTB Review - for 2024
Our comprehensive analysis of amarkets and XTB has been updated to reflect any changes for 2024 by seasoned professionals with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of amarkets vs XTB does not apply to all countries as follows:
amarkets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
XTB Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare amarkets vs XTB
All platforms for online trading will have a few ups and downs, and any comprehensive review of amarkets and XTB cannnot be regarded as thorough without embracing a fair assessment.
Assess amarkets and XTB to get a better understanding of the way they stack up with each before you choose to create an account. A comprehensive comparison helps to place factors in perspective so that you're informed about what to expect.
So you are looking for a broker and are choosing between amarkets or XTB. Who should you choose?
Our amarkets vs XTB comparison contains the latest information so you can easily compare XTB against amarkets.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will get proficient at all of the concepts of brokerage as you keep trading. For starters, you have to select the right broker who will be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. amarkets and XTB are two such companies which will take you and your investment to great heights. It is important to compare amarkets vs XTB before you trust them with your cash.
Our amarkets vs XTB comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust amarkets and XTB side by side.
Our entire amarkets vs XTB Review covers everything you need to know about trading using either amarkets or XTB. A good agent can multiply your initial investments and give you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you select them. It's a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
amarkets and XTB are both brokers which have forged their way successfully to the brokerage world. In this review, we have tried to collate a number of the vital facets of both amarkets and XTB. This review can help you to understand whether either XTB or amarkets is a good fit for your own investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Benefits of amarkets and XTB Compared
amarkets has a minimum deposit of $250 while XTB offers a $0 minimum deposit.
Why smaller minimum deposits are good and how amarkets and XTB compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
amarkets has around 106 financial instruments while XTB has around 106 financial instruments on their platform.
The more instruments you can trade on the amarkets and XTB trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of amarkets or XTB.
amarkets and XTB Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. amarkets and XTB have the following contact details and social medias that you can use.
Broker | amarkets | XTB |
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Telephone Number | 020 3695 3085 | |
uksales@xtb.com | ||
Address | Level 9, One Canada Square, Canary Wharf, E14 5AA | |
amarkets Twitter Account | XTB Twitter Account | |
amarkets Facebook Page | XTB Facebook Page | |
amarkets Instagram Account | XTB Instagram Account | |
amarkets LinkedIn Page | XTB LinkedIn Page | |
YouTube | amarkets YouTube Channel | XTB YouTube Channel |
Find Out More |
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XTB and amarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing amarkets and XTB will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
amarkets vs XTB - Awards
Broker | amarkets | XTB |
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Awards | At the time of writing this amarkets review, and despite amarkets’s impressive offering, the company has surprisingly not garnered any awards to date. |
XTB have won numerous industry awards over the years they have been operating as a financial broker. We list the most recognised awards for XTB here.
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Find Out More |
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amarkets vs XTB - Frequently Asked Questions
amarkets vs XTB - Headquarters And Year Of Founding
amarkets was founded in 2016 and has its headquaters in United Kingdom.
XTB was founded in 2002 and has its headquaters in Poland.
What is the minimum deposit for XTB or amarkets
The minimum deposit for amarkets is $250.
The minimum deposit for XTB is $0.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both amarkets and XTB are a good option.
amarkets vs XTB - Regulation And Licencing In More Detail
amarkets is regulated by 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-F223.
XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.
Both amarkets and XTB have a strong collection of rules for ensuring honest trading onto their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare amarkets vs XTB Commission And Fees
amarkets and XTB are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the amount of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of penalties for this purpose.
The first sort of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, funding rate, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people who are billed when you maintain a leveraged position for more than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither amarkets or XTB charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by amarkets and XTB are relatively greater. As a result, you are charged more for non-trading actions in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This amarkets vs XTB review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For amarkets And XTB
What Languages Do amarkets And XTB Support?
Being able to chat easily with your online broker is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading forex.
Below you will find all the languages that both amarkets and XTB support.
How Many Clients Do amarkets and XTB Have?
Both amarkets and XTB are well established with their client base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers amarkets and XTB have
What Payment Methods Do amarkets and XTB Accept?
amarkets and XTB both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at amarkets and XTB
What Can You Trade With amarkets and XTB?
amarkets offers 106 trading instruments whilst XTB offers 1,500.
Below you will find a full breakdown of what both amarkets and XTB offer.
amarkets Review
amarkets vs XTB:
Table Of Contents
- Compare amarkets vs XTB
- Benefits of amarkets and XTB Compared
- XTB and amarkets Mobile App Comparison
- amarkets vs XTB - Awards
- amarkets vs XTB - Frequently Asked Questions
- What is the minimum deposit for XTB or amarkets
- amarkets vs XTB - Regulation And Licencing In More Detail
- Compare Broker Fees For amarkets And XTB
- What Languages Do amarkets And XTB Support?
- How Many Clients Do amarkets and XTB Have?
- What Payment Methods Do amarkets and XTB Accept?
- What Can You Trade With amarkets and XTB?