XS vs eToro for US stocks
eToro gives you the actual share; XS gives leveraged exposure to the price without ownership. That is not a preference — it is a different product, with different tax, dividend and risk treatment.
Pick XS if non-US residents who want a wide US share-CFD list on MetaTrader 4 or 5. Pick eToro if beginners.
CFD — no ownershipA multi-asset CFD broker, not a US stockbroker. It is on this site because it gives non-US traders leveraged exposure to several hundred US share prices with no minimum deposit.
Visit XSWhether a position is a real share or a derivative is decided by your region and leverage setting — check before assuming ownership.
Visit eToroSide by side
| XS | eToro | |
|---|---|---|
| What you hold | A CFD on the price | The share |
| US stock access | 550+ US share CFDs | 3,000+ stocks across US and global exchanges |
| Minimum deposit | None | $50 |
| Fractional shares | n/a | Yes |
| Published pricing | US share CFDs on the Standard account trade on a floating spread with no separate commission; swaps apply to positions held overnight and are tripled on Fridays. | $0 commission on real stock investing in most regions; currency conversion and withdrawal fees apply. |
| Platforms | MetaTrader 4, MetaTrader 5, XS Trading App | eToro web, eToro mobile |
| Extended hours | Regular US session only, per its published trading hours | Not offered on real-stock orders |
| Regulation | ASIC 374409, CySEC 412/22, FSCA 53199, CMA 20200000339, FSA SD089, LFSA MB/21/0081, FSC GB25204786 | FCA 583263, CySEC 109/10, ASIC 491139 |
| Founded | 2010 | 2007 |
Where each one wins
XS
- Non-US residents who want a wide US share-CFD list on MetaTrader 4 or 5
- Starting with no minimum deposit on the Standard account
- Traders who want an entity licensed in the UAE, South Africa or Labuan
- CFDs are leveraged: you do not own the share, get no shareholder rights, and can lose all your capital
- XS says its website is not directed at residents of the United States, the European Union, Australia or Japan
- Which XS entity holds your account depends on where you live, and investor protection differs by entity — confirm it before depositing
- Dividends arrive as cash adjustments on open CFD positions, not as shareholder dividends
eToro
- Beginners
- Copy trading
- Mixing real shares and CFDs in one app
- Whether you get a real share or a CFD depends on your region and whether leverage is applied
- FX conversion costs on non-USD deposits
Frequently asked questions
XS or eToro — which is better for US stocks?
eToro gives you the actual share; XS gives leveraged exposure to the price without ownership. That is not a preference — it is a different product, with different tax, dividend and risk treatment. XS: non-US residents who want a wide US share-CFD list on MetaTrader 4 or 5. eToro: beginners.
Which is cheaper?
XS: US share CFDs on the Standard account trade on a floating spread with no separate commission; swaps apply to positions held overnight and are tripled on Fridays. eToro: $0 commission on real stock investing in most regions; currency conversion and withdrawal fees apply. Both figures are restated from each broker's own pricing page; for small non-USD accounts, currency conversion usually costs more than commission does.
Which is better regulated?
XS is authorised by ASIC, CySEC, FSCA, CMA, FSA, LFSA, FSC; eToro by FCA, CySEC, ASIC. What matters is which entity holds your account, since that determines your compensation scheme and leverage limits.
Reviewed October 2026. Figures restated from each broker's published pages.