Written by ForexBrokers.com
In this head to head comparison of Forex4you vs Xtrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Forex4you and Xtrade are reputable online brokers that have been serving traders since 2007 and 2003, respectively. Neither company is listed on a stock exchange nor operates as a bank, which is common in the sector. However, a significant distinction lies in their regulatory standings. Forex4you holds no Tier-1 or Tier-2 licenses, resulting in a Trust Score rating of 61 as per ForexBrokers.com, suggesting they fall within the high-risk category.
In contrast, Xtrade demonstrates a stronger regulatory position, possessing both a Tier-1 and a Tier-2 license, which contributes to their more favorable Trust Score rating of 74. This score places Xtrade within the average risk bracket, reflecting a higher level of trust compared to Forex4you. As such, potential investors might consider these factors when choosing between these two brokers, given the nuanced differences in trust ratings and regulatory credentials.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Year Founded | 2007 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing Forex4you to Xtrade, it’s important to examine their commissions and fees structures. Both brokers do not offer average spread data, making a direct comparison more challenging. However, Forex4you is generally regarded as providing better value in terms of commissions and fees, earning a rating of 3.5 out of 5 stars. Their fees structure places them at #53 among 62 brokers according to ForexBrokers.com. This suggests that while not the most economical, Forex4you offers relatively competitive pricing strategies compared to other options.
On the other hand, Xtrade has a less favorable reputation in this category. It scores 2.5 out of 5 stars for commissions and fees, positioning it at the very bottom, ranked #62 out of 62 brokers on ForexBrokers.com. This low ranking indicates that Xtrade's fees might be higher or perceived as less attractive by traders when compared to its competitors, potentially affecting the overall trading experience.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $0 | $250 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Forex4you and Xtrade, both platforms cater to forex trading with CFDs or spot contracts. Forex4you offers 150 tradeable symbols, with 43 being forex pairs, while Xtrade provides a broader selection of 482 tradeable symbols, including 56 forex pairs. Neither platform grants access to direct exchange-traded securities on U.S. or international exchanges. Therefore, investors cannot directly purchase company shares like Apple or Vodafone through these brokers.
In terms of additional features, Forex4you supports copy trading, enabling users to replicate the trades of experienced investors. This feature is absent from Xtrade. Both platforms allow trading in cryptocurrency derivatives but not in actual cryptocurrencies. Each platform earns a 3.5-star rating for the range of investments, although ForexBrokers.com ranks Xtrade higher at #49 compared to Forex4you's #58 out of 62 brokers. This highlights Xtrade's slightly more diverse offering.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 482 |
| Forex Pairs (Total) | 43 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Forex4you and Xtrade, both brokers provide a virtual demo account, allowing users to practice trading without financial risk. Forex4you stands out with its proprietary platform that can also be accessed through a Windows-based desktop download, unlike Xtrade which does not offer this feature. Moreover, Forex4you supports popular platforms like MetaTrader 4 and MetaTrader 5, which are not available with Xtrade. While both brokers offer web-based trading platforms, Forex4you further enriches the user experience with copy trading functionality, a feature Xtrade lacks.
In terms of charting capabilities, Xtrade offers a greater variety of drawing tools, with 100 options compared to Forex4you's 15. However, both platforms allow direct trading from stock charts. When it comes to organizing market data, Forex4you provides seven columns for watch lists, whereas Xtrade allows for nine. Although Forex4you has a slightly higher overall rating of four stars compared to Xtrade's 3.5 stars, it is ranked #52 out of 62 brokers by ForexBrokers.com for Trading Platforms and Tools, outperforming Xtrade, which is ranked #58. Despite these differences, both platforms offer unique strengths tailored to different trading preferences.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Forex4you and Xtrade, both platforms cater to iPhone and Android users. Forex4you stands out with its ability to provide real-time stock and forex price alerts, a feature Xtrade currently lacks. Moreover, Forex4you supports advanced charting with 30 technical studies and allows users to draw trendlines, view multiple time frames, and auto-save chart drawings. While both apps enable users to create watchlists, only Forex4you offers real-time quotes, which can be a crucial advantage for traders. Neither app supports watchlist symbol syncing, so users should be aware that changes made on one platform won't reflect on the other automatically.
In terms of user satisfaction, both Forex4you and Xtrade earn a solid four-star rating. Despite this tie in user ratings, Forex4you gains a slight edge in the industry ranking from ForexBrokers.com, placing at number 50 out of 62, compared to Xtrade's ranking at 53. These insights can help traders decide which app better suits their needs based on the features they prioritize in their trading experience.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing Forex4you to Xtrade for market research features, both platforms provide valuable daily market commentary and access to forex news from prestigious sources, including Bloomberg and Reuters. However, Forex4you stands out with a slight advantage by offering technical analysis and fundamental research tools from companies like Autochartist and Trading Central, while Xtrade does not provide these features. Both brokers lack sentiment-based trading tools and market research from TipRanks or Acuity Trading, but they do offer comprehensive economic calendars to monitor global news events.
In terms of rating, both Forex4you and Xtrade earn 3.5 stars for their research capabilities. Nonetheless, Forex4you is ranked slightly higher at 47th place compared to Xtrade's 52nd position in the Research category out of 62 brokers, according to ForexBrokers.com. This ranking indicates while both platforms offer a good range of research tools, Forex4you may have an edge for those who prioritize access to additional technical analysis tools.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for forex or CFD trading, both Forex4you and Xtrade provide beginners with at least 10 educational pieces, which may include articles, videos, or archived webinars. However, neither platform offers monthly live webinars, which could be a drawback for those who prefer interactive learning experiences. Forex4you stands out with a searchable archive of recorded webinars, offering an accessible reference point for users looking to revisit important lessons. On the other hand, Xtrade does not provide this feature but offers an investor dictionary with more than 50 investing terms, which could help beginners familiarize themselves with the lingo of trading.
For beginners, neither Forex4you nor Xtrade provides a substantial amount of beginner-specific educational videos, nor do they cater extensively to advanced traders with specialized content. Despite these gaps, both brokerages earn a 3.5-star rating in the education category. However, Forex4you ranks higher at 25th place among 62 brokers on ForexBrokers.com, compared to Xtrade, which is positioned at 46th. This indicates that while their offerings are comparable in star ratings, Forex4you may have a slight edge in educational resource competitiveness within the industry.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Forex4you is better than Xtrade. Forex4you finished with an overall rank of #55, while Xtrade finished with an overall rank of #59.
| Feature |
Forex4you
|
Xtrade
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 61 | 74 |
| Range of Investments |
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Both Forex4you and Xtrade lack the functionality to purchase actual, delivered cryptocurrencies, but they do provide options for trading cryptocurrency derivatives, making them suitable for users interested in not owning the physical asset but still engaging in crypto-based trading.
Both Forex4you and Xtrade provide similar options for depositing or withdrawing account funds, with neither offering ACH or SEPA transfers nor PayPal, but both support Skrill, Visa or Mastercard, and bank wires, making them competitive choices in the online brokerage market.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Forex4you | Xtrade | |
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| Trust Score | 61 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | Forex4you | Xtrade | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | Forex4you | Xtrade | |
|---|---|---|---|
| Trust Score | 61 | 74 | |
| Year Founded | 2007 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Forex4you | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Forex4you | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Forex4you | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 482 | |
| Forex Pairs (Total) | 43 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Forex4you | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Forex4you | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $0 | $250 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Forex4you | Xtrade | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Forex4you | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Forex4you | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Forex4you | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Forex4you | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Forex4you | Xtrade | |
|---|---|---|---|
| GBP/USD | No | Yes | |
| USD/JPY | No | Yes | |
| EUR/USD | No | Yes | |
| USD/CHF | No | Yes | |
| USD/CAD | No | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | No | Yes | |
| Review | Xtrade Review |
| Overall | Forex4you | Xtrade | |
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| Trust Score | 61 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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