The entire functions satisfying the first display have order zero (by definition). As $\xi(s)$ has order one (which follows easily from Stirling's approximation for $\Gamma(s)$ and the convexity bound for $\zeta(s)$), it does not satisfy the first display.
The notation $f(\xi)$ is confusing, because $\xi$ is not a variable but a function. A better notation would be
$$f(s):=\xi\left(\frac{s-i}{2}\right) + \xi\left(\frac{i+s}{2}\right).$$$$f(s):=\xi\left(\frac{s-i}{2}\right) + \xi\left(\frac{i+s}{2}\right)$$
The order of this entire function is also onegrow faster than exponentially on the positive axis, hence it doesthey do not satisfy the first displaybound. Indeed, the order ofThis follows from Stirling's approximation for $f(s)$ is at most one, because$\Gamma(s)$ and the order offact that $\xi(s)$ is at most one. On the other hand, the order of$\zeta(\sigma+it)$ tends to $f(s)$ is at least one, because it grows faster than exponentially on the positive axis$1$ for (again by Stirling's approximation)$\sigma\to\infty$ and $|t|<10$, say.