XTB vs eToro: Zero-Commission Brokers Compared (2026)
XTB and eToro both advertise zero-commission stock and ETF trading. But "zero commission" doesn't mean zero cost. Here's where the real differences lie and which broker gives you better value.
The "zero commission" reality
Both brokers charge €0 commission on stocks and ETFs. However, the hidden costs differ significantly. eToro charges a 0.5% currency conversion fee on all non-USD trades — since eToro accounts are denominated in USD. XTB lets you hold EUR and trades European stocks in EUR with no conversion fee. This makes XTB genuinely cheaper for European investors.
| Feature | XTB | eToro |
|---|---|---|
| Stock/ETF commission | €0 (up to €100K/mo) | €0 |
| FX conversion | €0 (EUR trades) | 0.5% on all trades |
| Inactivity fee | €10/mo (after 12mo) | $10/mo (after 12mo) |
| Withdrawal fee | €0 (over €100) | $5 |
| Minimum deposit | €0 | €50 |
| Fractional shares | Yes | Yes |
| Crypto | CFDs only | Real crypto + CFDs |
| Demo account | Yes | Yes ($100K virtual) |
Platform comparison
eToro's platform is more social — you can follow other investors, see their portfolios, and copy trades with CopyTrader. XTB's xStation 5 is more of a traditional trading platform with strong charting tools, market analysis, and educational content. For pure investing in stocks and ETFs, both are easy to use. XTB has better educational resources; eToro has better social features.
CFD and crypto trading
Both offer CFDs, but with different approaches. XTB is primarily a CFD broker that added real stocks and ETFs. eToro started as a social trading platform and expanded into everything. For crypto, eToro lets you buy real Bitcoin and Ethereum, while XTB only offers crypto CFDs (you don't own the underlying asset). If crypto matters to you, eToro wins clearly.
Our verdict
Choose XTB if: You primarily invest in European stocks and ETFs, want genuinely zero-cost trading in EUR, value educational content, or trade CFDs actively.
Choose eToro if: You want crypto alongside stocks, like social/copy trading, or prefer a more community-oriented experience.
For a European investor focused on stocks and ETFs, XTB is the better deal — truly zero cost in EUR with no hidden FX fees. eToro is better if you want crypto and social features in one platform.
Compare both brokers in our fee calculator