Xtb vs ProsperityFx | Compare Features, Safety & More 2024

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XTB

Founded in 2002, XTB is an exchange-listed forex and CFD broker with headquarters in Poland and offices in over 13 countries. The broker offers more than 5,500 forex, CFDs as well as real stocks and ETFs for trading on its proprietary platforms. XTB boasts of over 800,000 clients from all over the world.

Risk warning: 81% of retail accounts lose money

XTB Overview
  • Founded In: 2002
  • Minimum Deposit: $0
  • Maximum Leverage: 1:500
  • Regulations:CySEC, FCA , KNF , IFSC
  • Trading platform:xStation 5 , xStation Mobile
  • Account Types: Standard, Pro, Islamic
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Paysafe, SafetyPay, Skrill
  • US Traders: Not Accept

ProsperityFX

ProsperityFX facilitates the trading of over 200 forex and CFDs on its MT4 platforms. Founded in 2020, the broker offers multiple account types, ECN raw spreads, fast executions, and 24/7 support. You can fund your account via several cryptos and there are no extra charges for deposits or withdrawals.

ProsperityFX Overview
  • Founded In: 2020
  • Minimum Deposit: $25
  • Maximum Leverage: 500:1
  • Regulations: None 
  • Trading platform: MT4
  • Account Types: 
  • Payment Options: VISA, MasterCard, Bitcoin
  • US Traders: Accepted 

XTB vs ProsperityFX: Pros and Cons

XTB Pros & Cons

Pros
  • Regulated by  FCA, FSC, KNF, DDM-M, DNMV,
  • The Minimum deposit is as low as $1
  • The Maximum Leverage is as high as 1:500
  • Allows scalping, EA/Robot Trading, News Trading 
  • Trade stocks, ETFs, indices, commodities, cryptocurrencies, and forex
  • 0% commission on stock and ETF trading (only applicable to some EU countries)
  • Traders  can enjoy commission-free trading with spreads as low as 0.25 pips
Cons
  • XTB does not offer  cTrader, MT4/MT5, or Ninja Trader which are the most popular platforms in the world 
  • No passive investment programme ( PAMM, MAM Accounts) 
  • Withdrawal fees for transfers below $100 or €200
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
  • Complex trading platform for a beginner
  • CFDs only – so traders do not own the underlying asset

ProsperityFX Pros & Cons

Pros
  • Low Minimum Deposit - Starting from $10
  • Allow Crypto CFD Trading 
  • Demo Accounts are Available 
  • Higher Leverage for US, and EU clients. 
  • Allow Scalping, EA Trading and News Trading 
  • Hugosway Accepts Crypto Deposits
Cons
  • Offshore Broker with very limited information
  • Limited Deposit and Withdrawal Option 
  • Spread sometimes  widens during market volatility
  • Unregulated Forex broker  
  • No Managed Account Options

XTB vs ProsperityFX: Side-by-Side Comparison

XTB
Prosperityfx
Product
Founded In
Founded In
2002
2020
Founded By
Founded By
Jakub Zablocki
Lee Sullivan
Headquarters
Headquarters
Belize City, Belize
Kingstown, St. Vincent and the Grenadines
Regulations
Regulations
CySEC, FCA , KNF, IFSC
None
Min Deposit
Min Deposit
None
$25
Max Leverage
Max Leverage
1:500
500:1
Tradable Assets
Tradable Assets
Offer nearly 2000 CFDs based on Forex, Indices, Commodities, Cryptocurrencies, Stocks and ETFs.
Trade Forex, Indices, Commodities and Cryptocurrencies with some of the tightest spreads available in the market
Fees
Fees
Spread from 0.9 pips
Spread from 0.8 pips
Platforms and Tools
Platforms and Tools
xStation 5 , xStation Mobile
MT4
US Traders
US Traders
Not Allowed
Allowed

XTB Vs ProsperityFX: Our Scores and Ratings

We rated both brokers, XTB and ProsperityFX, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

XTB :

8.8
XTB Scores
Regulation and Security (40%)9.8
Fees and Commissions (20%)7.5
Trading (15%)8
Trading tools (10%)8.6
Customer Support (10%)9
Trading Education (5%)8

ProsperityFX

3.6
ProsperityFx Scores
Regulation and Security (40%)1.5
Fees and Commissions (20%)5
Trading (15%)6.5
Trading tools (10%)1
Customer Support (10%)5
Trading Education (5%)9

Final Verdict :

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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