XTB
- Written By Forex
- Updated:
XTB is a prominent European brokerage and one of the world’s largest stock exchange-listed Forex and CFD brokers. The company is listed on the Warsaw Stock Exchange and is headquartered in Poland, with offices in 12 countries including the UK, France, Germany, and Chile. Its international headquarters are located in Belize. XTB provides retail traders with access to a wide range of global markets across multiple asset classes, including Forex, indices, commodities, stock CFDs, ETF CFDs, cryptocurrencies, and more.
In this review, we will examine the key aspects of XTB that traders should consider before deciding to trade with this broker. As of this review, XTB holds an average Trustpilot score of 4.0 out of 5, based on 2,074 customer reviews. Around 63% of reviewers gave the broker a 5-star rating, while 18% rated it 1 star.
XTB Summary | |
Year Founded | 2004 |
Minimum Deposit | $0 |
Tradable Instruments | CFDs on Forex, Indices, Commodities, Crypto, Stocks, ETFs, stock and ETF investing |
Open an Account | How to Open an Account at XTB |
Trading Costs | Spreads, Fees, and Commissions at XTB |
Key Pros and Cons
First, let us briefly look at XTB’s main strengths and weaknesses.
- Key Pros
- Regulated in multiple jurisdictions
- Innovative proprietary xStation platform
- 2,500 CFDs across different asset classes, 6,100 stocks and ETFs for direct investment
- Tight spreads
- Fast order execution speeds
- Supports multiple payment methods
- A good selection of educational resources
- Various trading tools
- No minimum deposit requirements
- Islamic accounts are available
- Responsive customer support team
- Key Cons
- Does not accept USA clients
- Inactivity fee of $10
- Does not support the MT4 or MT5 platform
- Islamic accounts are available only at the international division
Company Information
The Launch of XTB in 2002
XTB was founded in 2002 as X-Trade and rebranded to XTB in 2004. The broker has registered offices in over a dozen countries and allows traders worldwide to access multiple financial markets. Built on the core values of technology, trust, and support, XTB provides clients with its proprietary X-Station trading platform, available in desktop, web, and mobile versions. Traders benefit from competitive conditions, including tight spreads, flexible leverage of up to 1:500, low commission fees, fast execution speeds, and a wide range of trading assets. Notably, there is no minimum deposit requirement to start trading.
Multi-Regulated Broker in 2025
XTB is a multi-regulated broker with several industry awards and nearly two decades of experience in the financial trading sector. The broker has earned the trust of over 1.7 million clients worldwide, supported by regulation from major authorities such as the FCA, KNF, CySEC, and IFSC. XTB maintains branch offices in Hungary, Italy, France, and Portugal, while also holding cross-border licenses in the Netherlands, Austria, Sweden, Belgium, Greece, and Bulgaria, each overseen by the relevant local regulators. Listed publicly on the Warsaw Stock Exchange since 2016, XTB is subject to rigorous financial reporting and disclosure requirements, ensuring transparency and accountability.
XTB has received numerous industry accolades, including Best Customer Services 2021 (Forexbrokers.com), Best Polish Forex Broker 2019 (Invest Cuffs), Best Forex Broker for Low Costs 2021 (Investopedia), Best NDD Forex Broker 2021 (Online Personal Wealth Awards), Best Mobile App for Investing 2019 and 2020 (Rankia Awards), and Best Execution Broker 2019 (Technical Analysis Exhibition). In 2024, XTB was ranked as the top company listed on the Warsaw Stock Exchange by the Polish daily Puls Biznesu.
The XTB Group consists of several corporate entities with their respective regulated offices:
- XTB International Limited (XTB), regulated by the International Financial Services Commission (IFSC), office address: 35 Barrack Road, 3rd Floor, Belize City, Belize, C.A
- XTB Limited, regulated by the Financial Conduct Authority (FCA), office address: Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.
- XTB Limited, regulated by the Cyprus Securities and Exchange Commission (CYSEC), office address: Pikioni 10, Building: Highsight Rentals Ltd, 3075, Limassol, Cyprus.
- X-Trade Brokers DM SA, regulated by the Polish Financial Supervision Authority (KNF), office address: Prosta 67, 00-838 Warsaw, Poland
- XTB Sucursal, regulated by the Comisión Nacional del Mercado de Valores (CNMV), office address: C/Pedro Teixeira, 8, 28020 Madrid, Spain.
- XTB Mena Limited, regulated by the Dubai Financial Services authority (DFSA), office address: office 1204, Level 12, Index Tower, International Financial Centre of Dubai, P.O. box 482081, United Arab Emirates
- XTB S.A., regulated by BaFin, office address: Joachimsthaler Str. 10, 10719, Berlin, Germany
- XTB Agente de Valores SpA, regulated by Comisión para el Mercado Financiero (CMF), office address: Av. Apoquindo 4501, Of 1604 – Las Condes, Santiago, Chile
- XTB Africa (PTY) Ltd, regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, with registered offices located at 21 Broads Street, Mulbarton, Johannesburg, 2059, South Africa
Note that XTB does not offer its services to residents of certain regions, such as the United States.
Catering to Traders Worldwide
One of the impressive features of AvaTrade is its truly global reach, which is something that will appeal to traders all around the world. Their website is configured for over 25 separate countries and regions and supports at least 20 different languages.
Multiple Industry Awards
AvaTrade has won multiple industry accolades from reputable outlets, such as The European, International Business Magazine, FXEmpire, and Daytrading.com.
Why Trade with XTB?
Now, let us briefly list the key features that we like about XTB.
Aspect | What we like |
Regulation | Reputable broker, regulated in multiple jurisdictions by some of the most popular financial authorities, such as the IFSC, FCA, CySEC, FSCA, and KNF. |
Pricing | Tight spreads and fair commissions. |
Execution | XTB Ltd is a matched-principle broker. It automatically sends all trades to their parent company X-Trade Brokers DM, which acts as the liquidity provider. Trades are executed automatically without any manual intervention from any dealing desk. |
Trading | Over 2,500 CFDs on different asset classes, including currency pairs, commodities, stock CFDs, ETFs, and cryptocurrencies. Investing in more than 6,100 stocks and ETFs is available at the international division. |
Platforms | Innovative xStation trading platform in desktop, web, and mobile versions and various advanced trading tools. |
Customer Support | Responsive client support team who are available 24/5 and can be reached via various contact channels. |
Regulation
The XTB Group operates under multiple regulatory frameworks across various jurisdictions:
In the United Kingdom, XTB functions as XTB Limited, authorized and regulated by the UK Financial Conduct Authority (FCA) under registration number FRN 522157.
For clients in the European Union, XTB Limited (Cyprus) handles onboarding and is regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF licence number 169/12.
XTB’s international operations are managed by XTB International Limited, authorized and regulated by the International Financial Services Commission (IFSC) in Belize under License No. 000302/11. It should be noted that IFSC regulation is not as robust as that of the FCA or CySEC.
XTB is also a trading name for the XTB Group, which comprises several corporate entities:
- X-Trade Brokers DM SA: authorised and regulated by the Komisja Nadzoru Finansowego (KNF) in Poland
- XTB Sucursal: authorised and regulated by the Comisión Nacional del Mercado de Valores (CNMV) in Spain.
- XTB Mena Limited, licensed by the Dubai Financial Services Authority (DFSA) under number F006316.
- XTB S.A., authorized by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) under number 10121520.
- XTB Agente de Valores SpA, authorized by the Chilean Commission for the Financial Market (CMF).
- XTB Africa (PTY) Ltd, regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, under license number 49970.
A breakdown of the various regulatory regimes is presented below.
Flag | Region | Entity | Authority | License |
 | United Kingdom | XTB Limited | Financial Conduct Authority (FCA) | RegistrationNumber: FRN 522157 |
| EU | XTB Limited | Cyprus Securities and Exchange Commission (CySEC) | License Number: 169/12 |
| Internationally | XTB International Limited | International Financial Services Commission (IFSC) | License No.: 000302/11 |
| Poland | X-Trade Brokers DM SA | Komisja Nadzoru Finansowego (KNF) | N/A |
| Spain | XTB Sucursal | Comisión Nacional del Mercado de Valores (CNMV) | 40 |
| Germany | XTB S.A. | Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN) | 10121520 |
| Chile | XTB Agente de Valores SpA | The Chilean Commission for the Financial Market (CMF) | N/A |
| Dubai | XTB MENA Limited | The Dubai Financial Services Authority (DFSA) | LicenseNumber: F006316 |
 | South Africa | XTB Africa (PTY) Ptd | The Financial Sector Conduct Authority (FSCA) | License Number: 49970 |
XTB maintains a global presence and is regulated by some of the world’s leading financial authorities, including the FCA and CySEC, providing traders with confidence that they are dealing with a trustworthy broker. Regulation across multiple jurisdictions gives XTB a strong compliance status, as both the FCA and CySEC are strict Tier-1 regulators.
However, XTB is not regulated by the US Commodity Futures Trading Commission (CFTC), meaning it cannot offer services to US citizens or residents. The broker is also in the early stages of obtaining authorization from Brazilian regulatory authorities.
Regulation
4/5
- Multi-jurisdiction regulation develops trust
- Presence of FCA and CySEC regulation
- IFSC regulation for the international brand
KYC Procedure for Account Creation and Depositing
Opening an account with XTB is simple and can usually be completed in under five minutes. Account verification may take up to 24 hours. The account registration process follows standard industry procedures and generally involves the following steps:
Creating a Secure Login: Provide a valid email address and set a password to secure your account.
Completing the Application Form: Enter your personal details, including full name, date of birth, city of residence, address, postal code, and phone number.
Choosing Your Trading Account: Select your preferred trading platform and account type. Options include Retail, Professional, and Investment accounts.
Checking Your Suitability: You will need to provide details about your employment status, sources of income, and trading experience. If your responses meet XTB’s internal requirements, you can proceed to the next step. Otherwise, your application may be declined.
Confirming Agreement to Terms: Tick the box at the bottom of the registration form to acknowledge that you agree to XTB’s Terms and Conditions.
Verifying Your Documents: Submit a valid form of identification (passport, national ID card, or driver’s license) along with proof of residency, such as a utility bill or bank statement issued within the last three months, for XTB to complete your account verification.
Although creating an XTB account is quick and can be completed in just a few minutes, verification may take up to 24 hours. Once your account is verified, you will need to fund it using one of the available payment methods before you can begin trading.
Account Opening
4/5
- Fast sign up process (up to a few minutes)
- Sign up includes a suitability test
Account Types
XTB offers two primary live account types for CFD trading: Standard and Professional accounts. Additionally, a dedicated account for investing in stocks and ETFs is available through its international division licensed in Belize. All accounts support multiple base currencies, including USD, EUR, and GBP. Each account comes with its own trading conditions, providing traders with a flexible and dynamic environment along with competitive pricing. Traders can select the account that best fits their individual trading style and objectives.
Here’s an overview of the available trading account options:
Standard CFD Trading Account
The Standard Account is XTB’s main live trading option, designed to cater to traders of all experience levels. It comes with a wide range of trading features, including market execution, maximum leverage of 1:500 (capped at 1:30 for EU and UK retail clients), low spreads starting from 0.8 pips, a minimum lot size of 0.01, negative balance protection, segregated client funds, and zero commission fees on most instruments. This account allows trading of over 2,500 CFDs across multiple asset classes and supports automated trading on the xStation platform. While forex, indices, commodities, and cryptocurrencies are commission-free, stock and ETF CFDs incur a commission starting from 0.08%. The Standard Account has no minimum deposit requirement.
Pro CFD Trading Account
The Pro Account is tailored for experienced traders who qualify as professional clients. It offers ultra-tight spreads and market execution on trades, with a commission of $3.50 per standard lot on Forex, indices, commodities, and cryptocurrencies, and starting from 0.08% on stock and ETF CFDs. Traders using the Pro Account can access all available financial instruments. Key advantages include low trading costs, fast execution speeds, leverage of up to 1:500, spreads as low as 0.1 pips, and the ability to use automated trading on the advanced xStation platform.
Feature | Standard | Pro |
69 currency pairs | ||
CFDs on major indices, commodities, metals, stocks, cryptocurrencies, and ETFs | ||
ECN Execution | ||
Minimum account balance | $0 | $0 |
Proprietary desktop and mobile trading platform | ||
Unlimited free wire transfers (above €100, $50) | ||
No requotes | ||
Negative balance protection | ||
Fully automated execution | ||
24/5 support | ||
Variable contract sizes (as low as 0.01 lot) | ||
Joint account | ||
Corporate account |
Islamic Account (Swap-Free)
The Islamic Account is offered to both retail and professional traders through XTB’s international division. This account type does not charge swaps or interest on overnight positions, making it suitable for traders who cannot pay or receive interest due to religious beliefs. However, an administration fee may apply on positions held overnight after a specific grace period. The Islamic Account requires a minimum deposit of $1 and offers spreads starting from 0.7 pips.
Demo Account
XTB offers a demo account that benefits both beginner and experienced traders. Beginners can use it to get acquainted with the broker’s trading platform before risking real money, while experienced traders can test strategies in a risk-free environment. The demo account comes preloaded with virtual funds, allowing users to practice trading without any financial risk.
Account Types
4/5
- Two major account types: Standard and Professional
- Islamic Account available
- Demo Account available
Trading Fees and Other Costs
Before choosing a broker, traders should carefully consider trading fees and other associated costs. As a CFD and Forex broker, XTB applies two main types of trading fees:
- Trading costs – spreads, commissions, and overnight financing rates;
- Non-trading costs – account management fees, deposit and withdrawal fees, non-activity fees.
Let us take a quick look at the trading fees that are available at XTB.
Costs/fees | What is this? | With XTB |
Spreads | The cost is incorporated into the price of what you trade. A wider bid-ask spread means higher costs. | |
Commission | A flat fee paid per position is often used as an alternative to charging via the spread. | |
Financing charges | The cost of holding a position active overnight. | The broker does not charge an extra fee on top of standard swap rates. |
Deposit fees | Fees charged by the broker to fund your account. | None |
Withdrawal fees | Fees charged by the broker to withdraw money from your account. | Free for withdrawals above €100 and $50. Withdrawals below these amounts incur processing fees of €10 and $30, respectively. |
Inactivity fees | Fees charged on dormant trading accounts. | €/$10 per month after 12 months of account inactivity |
Spreads
Spreads represent the difference between the bid and ask prices of a financial instrument. At XTB, traders benefit from low spreads across all available live trading accounts:
- Standard Account: Spreads start from 0.8 pips with no commissions
- Pro-Account: Tight spreads (starting from 0.1 pips) + a commission of $7 per round turn.
Let us take a look at the average spreads offered on the two account types:
Instrument | Standard Account | Pro Account |
EUR/USD | 0.9 pips | 0.1 pips |
GBP/USD | 2.2 pips | 1.4 pips |
USD/JPY | 1.4 pips | 0.6 pips |
USD/CHF | 1.9 pips | 1.1 pips |
AUD/USD | 1.3 pips | 0.5 pips |
USD/CAD | 1.8 pips | 1.0 pip |
NZD/USD | 2.0 pips | 1.2 pips |
From the information above, the Standard Account on XTB shows a mark-up spread of 0.8 pips to cover trading costs for the EUR/USD pair.
Next, let’s compare the trading costs for XTB’s two main account types. For this comparison, we will assume a trade of one standard lot of EUR/USD (where a one-pip movement equals $10) and that the position is opened and closed at the same price. Using the average spreads, the trading costs for each account are as follows:
Standard Account
- Spread – 0.9 pips
- TOTAL COST – 0.9 x $10 = $9 per side and $18 per round turn
Pro Account
- Spread – 0.1 pips
- Spread cost – 0.1 x $10 = $1 per side and $2 per round turn
- Commission – $3.50 per side or $7 per round turn
- TOTAL COST – $2 + $7 = $9 per round turn
With its lower trading costs compared to the Standard Account, the Pro Account is designed primarily for high-volume traders.
Finally, let’s compare the average spreads of XTB’s Standard Account with those offered by other major brokers on some of the most actively traded Forex pairs.
Instrument | XTB | IC Markets | Fusion Markets | IG Markets |
EUR/USD | 0.9 | 0.82 | 1.01 | 0.85 |
GBP/USD | 2.2 | 1.03 | 1.14 | 1.40 |
USD/JPY | 1.4 | 0.94 | 1.17 | 0.94 |
USD/CHF | 1.9 | 0.99 | 1.14 | 1.99 |
AUD/USD | 1.3 | 0.83 | 1.02 | 0.82 |
USD/CAD | 1.8 | 1.05 | 1.12 | 1.77 |
NZD/USD | 2.0 | 1.38 | 1.13 | 2.05 |
From the table above, we can deduce that the spreads offered by the XTB Standard STP Account are similar to those offered by the big names in the industry, such as IC Markets, Fusion Markets, and IG Markets.
Commissions
Commissions are a common type of trading fee, representing small transaction charges applied by brokers. At XTB, clients using the Pro Account are charged $3.50 per lot per side ($7 for a round trip), while the Standard Account does not incur any commissions since its spreads are adjusted to cover trading costs.
Based on the Pro Account commission structure, this means:
- For 1 standard lot (100,000 units), you will pay a $7 commission to open and close the position;
- For 1 mini lot(10,000 units), you will pay a $0.7 commission to open and close the position;
- For 1 micro lot (1,000 units), you will pay a $0.07 commission to open and close the position.
Although the $7 round-trip commission on XTB’s Pro Account is comparable to fees charged by other major brokers, it is not the lowest in the industry. For example, the same trade on Fusion Markets’ Zero Account incurs a $4.50 round-trip commission, which is currently one of the most competitive rates available.
Spreads & Commissions
4/5
- Fair Standard Account spreads from 0.8 pips
- Tight Pro account spreads
- Zero commissions on Standard account
- Fair Pro account commission fees
Financing Charges
XTB applies swap charges to leveraged positions held overnight, which are either credited or debited daily based on the interest rate differential between the base and quote currencies in Forex pairs. These fees are calculated by the xStation platform, which typically updates the Swap Points table once a week. If the interest rate of the currency being bought is higher than that of the currency sold, the trader may receive a positive swap credited to their account, and vice versa. The swap amount can be either positive or negative, depending on the currency pair.
Deposit fees
XTB does not charge fees for deposits made via bank transfers or credit/debit cards. However, some e-wallet transactions may incur processing fees. For example, clients registered under the international division pay 2% on Skrill deposits and 1% on Neteller deposits, while traders at the CySEC entity either pay no additional fees or a lower fee of 0.85% for PayPal deposits.
Withdrawal fees
Withdrawals under €100 at the CySEC entity and under $50 at the international division are subject to additional processing fees of €10 and $30, respectively. Withdrawals made via credit card incur a 1.5% commission.
Inactivity fees
After 12 months of inactivity, an inactivity fee of $/€10 per month will be charged to the trader’s account.
Inactivity Fees
2.5/5
- $/€10 monthly inactivity charge
Overall on Fees
XTB provides low spreads on the Pro Account, while the Standard Account features slightly marked-up spreads that remain competitive compared to other brokers. Commission fees are reasonable, and there are no hidden charges beyond overnight financing. However, additional costs may arise from deposit and withdrawal processing fees or inactivity charges.
Overall, XTB’s $7 round-trip commission on the Pro Account is higher than that of some competitors, such as Fusion Markets.
Trading Fees and Other Costs
4/5
- Tight spreads on the Pro account
- Fair commission on Pro Account
- No extra fees on top of standard swap rates
- Inactivity, deposit, and withdrawal fees
- Zero commission + marked-up spreads on the Standard account
Desktop Trading Platforms
XTB offers traders the xStation 5 trading platform, an advanced yet user-friendly solution designed to deliver a seamless experience for both beginners and experienced traders. The platform features a fully customizable interface, allowing users to tailor it according to their trading preferences.
xStation 5 provides fast execution speeds and a variety of trading tools, including a trader’s calculator, performance statistics, sentiment analysis, and popular technical indicators such as Fibonacci, MACD, Moving Averages, RSI, and Bollinger Bands. The platform’s advanced charting options let traders perform detailed analysis and place market orders, stop losses, take profits, and pending orders directly on the charts. Its one-click dealing system ensures a more efficient trading experience.
A notable feature of xStation 5 is the live performance statistics tool, which enables users to assess their trading results by reviewing win/loss ratios across different positions and markets. The platform also includes real-time market commentary, total trade transparency, and an extensive charting package, which contributed to xStation being named ‘Best Trading Platform 2016’ by Online Personal Wealth Awards.
Additional tools integrated into the platform include Free Trader Talk, a live audio feed providing up-to-the-minute market news and analysis, and a Sentiment Analysis tool that shows the proportion of XTB traders holding long or short positions. The platform also offers a Stock Screener, Heatmap, and Top Movers feature, helping traders identify market opportunities and track volatility at a glance.
xStation 5 is accessible via multiple devices. The WebTrader version can be opened directly in modern browsers such as Chrome, Safari, Firefox, and Edge without installation. Desktop versions are available for Windows and Mac, and mobile apps are compatible with Android and iOS devices, allowing traders to manage their accounts and execute trades on the go.
Desktop Platforms
4/5
- Innovative xStation 5 trading platform
- MT4/MT5 trading is absent
- Multiple advanced trading tools are available
Mobile Trading Platforms
XTB provides a native mobile app that allows traders to access a wide variety of financial assets directly from their smartphones or tablets. The app supports over 2,500 CFD markets, including Forex, cryptocurrencies like Bitcoin and Ethereum, indices, commodities, stocks, and ETFs.
One of the key advantages of the mobile xStation 5 app is that it retains all the analysis and functionality of the desktop platform. Traders can use advanced tools such as technical indicators, order management features, custom watchlists, trading signals, alerts, and news calendars without compromise. The app is compatible with both Android and iOS devices and can be downloaded from their respective app stores, making it convenient to manage trades and monitor markets while on the go.
XTB for Android | XTB for iOS | |
Minimum System Requirements | Android 8.0 and up | iOS 16.0 or later |
User Rating | 4.1 | 4.7 |
User Reviews | 96,900+ | 8,400+ |
Supported Languages | English | English, Arabic, Czech, French, German, Hungarian, Indonesian, Italian, Polish, Portuguese, Romanian, Slovak, Spanish, Thai, Turkish, Vietnamese |
Forex Pairs | 69 | 69 |
Other Tradable Assets | Investing in stocks and ETFs; CFDs on forex, commodities, indices, cryptocurrencies, stocks, and ETFs | Investing in stocks and ETFs; CFDs on forex, commodities, indices, cryptocurrencies, stocks, and ETFs |
Features | Trader’s calculator, price alerts, market news and analysis, economic calendar, market Sentiments, 10+ technical indicators, advanced Charts | Trader’s calculator, price alerts, market news and analysis, economic calendar, market Sentiments, 10+ technical indicators, advanced Charts |
Biometric Authentication | Yes | Yes |
2-Factor Authentication | Yes (with text-message verification) | Yes (with text-message verification) |
Mobile Trading
4.5/5
- Third-party mobile apps are absent
- A proprietary mobile app is available (XTB Online Investing)
- Apps offer the full functionality of the desktop platform version
Trading Instruments
XTB provides access to more than 2,500 CFDs across a variety of major asset classes, including Forex, indices, commodities, stocks, ETFs, and cryptocurrencies. The broker’s selection of tradable instruments is competitive and compares well with other leading brokers in the industry, such as IC Markets.
Asset Class | XTB | IC Markets | Fusion Markets | |
Forex | 69 | Good | 61 | 90 |
Indices | 27 | Good | 25 | 15 |
Stocks CFDs | 2,177 | Excellent | 2,100+ | 100+ |
Commodities | 27 | Good | 22 | 17 |
ETFs | 218 | Excellent | 0 | 0 |
Cryptocurrencies | 41 | Good | 18 | 13 |
Futures | 0 | N/A | 4 | 0 |
Options | 0 | N/A | 0 | 0 |
Let us now take a closer look at the product list.
Forex
At XTB, traders can access over 60 currency pairs, covering majors, minors, and exotic pairs. Standard account spreads start competitively from 0.8 pips, and micro-lot trading is available. Forex trading is offered 24 hours a day, five days a week across desktop, web, and mobile versions of the xStation 5 platform. Professional and international retail clients can use leverage of up to 1:500, while EU retail traders are limited to 1:30. Professional traders in the EU can access leverage up to 1:200. Through its deep FX liquidity pools and interbank market access, XTB provides institutional-level trading conditions for its clients.
Indices
XTB provides access to over 20 global indices from markets including the US, Germany, and China via the xStation 5 trading platform. Index prices are derived from the underlying stock markets. All trading styles are supported, including scalping, hedging, swing, and position trading, and clients can use any Expert Advisor (EA) that suits their approach. Trading conditions are competitive, offering zero commissions, transparent pricing, leverage of up to 1:200 (1:20 for EU retail clients), and very tight spreads. Traders can take long or short positions, and there are no overnight costs for holding positions into the next day.
Commodities
XTB enables clients to trade a wide range of popular commodities, including gold, silver, and oil, with competitive spreads starting from 0.3 points for gold CFDs. The platform offers over 20 commodity instruments, with leverage of up to 1:500 for gold and 1:67 for most other commodities at the international division. European retail clients have leverage limits of 1:20 for gold and 1:10 for other commodities, while professional EU traders can access leverage up to 1:200. Commodity trading is available across the desktop, web, and mobile versions of the xStation 5 platform, with transparent rollovers displayed directly on the charts.
Stock CFDs
XTB allows traders to speculate on some of the world’s most popular stocks through CFDs, offering access to over 2,100 stock CFDs, including leading US tech companies like Apple and Facebook. No commissions are charged on stock CFDs, and traders can open both long and short positions, accessing real market prices without owning the underlying assets. A 0.30% markup is applied to the spreads of stock CFDs.
Additionally, XTB provides the option to invest in real stocks with no commissions for monthly trading volumes up to €100,000. Volumes above this threshold incur a 0.2% commission (minimum €10), and a currency conversion fee of 0.5% may apply in certain cases. EU traders can use leverage of up to 1:5 on real stocks. All stock and stock CFD trading is executed via the xStation platform, ensuring ultra-fast execution speeds.
ETFs
XTB enables traders to access the ETF market through its xStation 5 platform, available on desktop, web, and mobile devices. The broker offers over 200 ETFs across 14 different markets. Trading ETF CFDs incurs no commissions, and clients benefit from ultra-fast order execution with no requotes. Negative balance protection is applied, allowing traders to safely build diversified portfolios. EU clients can use leverage of up to 1:5 for ETF trading. Additionally, investing in physical ETFs is possible via XTB’s offshore entity, with a 0.2% commission (minimum €10) applied to monthly trading volumes exceeding €100,000.
Cryptocurrencies
XTB provides access to the cryptocurrency market through crypto CFDs, offering over 40 assets such as Bitcoin, Ethereum, Stellar, Dogecoin, and more. Traders can speculate on the price movements of these cryptocurrencies without owning the underlying assets. Cryptocurrency CFD trading is available across all xStation platforms—desktop, web, and mobile—allowing 24/7 trading. Spreads for Bitcoin range from 0.22% to 0.35%. Additional benefits include a secure and transparent trading environment, as well as fast deposits and withdrawals.
Traded Instruments
4.5/5
- A vast diversity of 2,500+ CFDs
- Leveraged trading on various instruments
- No CFDs on options
Trade Execution
XTB employs a hybrid business model that incorporates aspects of market making. For CFDs on currencies, indices, and commodities, the broker hedges part of the trades with external partners. For CFDs on cryptocurrencies, stocks, and ETFs, orders are executed directly through regulated exchanges or alternative trading systems.
While XTB acts as a market maker, this represents only about 20–30% of its revenue. The bid and ask prices clients see are based on underlying asset prices, though XTB also quotes its own prices and executes some orders internally. The broker operates under strict regulatory oversight, with authorities like CySEC ensuring fair and transparent order execution.
Clients benefit from fast trade execution, tight spreads, and no commissions on the Standard Account. In addition to market orders, risk management is supported through pending stop-loss and take-profit orders. Limit and take-profit orders are executed at the specified price or better, while stop-loss orders are executed at the first available price after the set level, which in some cases may be slightly different from the requested price.
Trade Execution
2.5/5
- Market maker with dealing desk intervention
- Zero commissions
- Marked-up spreads
Deposit Methods
XTB offers multiple deposit methods to make funding your account quick and convenient. The broker does not charge fees for credit or debit card deposits, although certain e-wallets may incur additional processing costs. Accounts can be funded in several base currencies, including USD, EUR, and GBP.
Available deposit methods include bank transfers, credit and debit cards, PayPal, Skrill, Neteller, Ecommpay, and PayU. Most methods provide instant funding, while bank transfers may take a few days to process. If using a bank transfer to meet margin requirements, it is advisable to inform the support team to ensure timely crediting.
XTB does not allow third-party deposits, so the account holder’s name must match the name on the trading account. Deposits from joint accounts or credit cards are allowed if the trading account holder is a beneficiary.
The main online payment methods supported by XTB are:
Method | Processing Time |
Bank transfer | 1-2 days |
Mastercard | Instant |
Visa | Instant |
Maestro | Instant |
Neteller | Instant |
PayU | Instant |
Skrill | Instant |
PayPal | Instant |
Ecommpay | Instant |
Currently, there are no deposit bonuses available with this brokerage.
Deposits Methods
4/5
- $0 minimum deposit
- Multiple base account currencies, including euro and US dollar
- Mostly no deposit fees
- A good selection of payment methods
- No deposit bonuses
Withdrawal Methods
XTB clients can withdraw funds online through the secure client portal by selecting the “Withdraw” tab. Withdrawals are processed using the same payment method that was used for the deposit. For example, funds deposited via debit or credit card must be withdrawn to the same card.
Some withdrawal methods may incur additional fees. Bank transfers below $50 at the international division carry a $30 fee, while debit and credit card withdrawals have a 1.5% fee. EU clients are charged €10 for withdrawals under €100. Additionally, a 0.5% currency conversion fee applies if the withdrawal currency differs from the base account currency.
In line with AML/CTF regulations, XTB does not allow third-party transactions. All withdrawals must be sent to a bank account or digital wallet in the same name as the trading account.
Withdrawal Methods
4/5
- No withdrawal fees for withdrawals above $50 and €100
- Withdrawals are conducted via the same method used for deposits
- Timely withdrawal processing
Customer Support Contacts
Support Contact | Available | Response |
Live Chat | 24/5 | Less than 30 seconds |
Telephone contact | 24/5 | Within several minutes |
Email contact | 24/5 | Within several hours |
Live Chat : This feature enables direct, real-time communication with XTB’s support team. You can access it by clicking the “Chat” icon located at the lower-right corner of the website. After entering your name and email address, type your message in the provided box and send it. A customer service representative will respond promptly.
Telephone Contact : The broker’s support team is also available through the telephone; they can be reached on the following numbers.
Account Opening: +357 257 25351 (EU), +357 257 25356 (international)
Office: +357 257 24350 (EU)
General Support: +357 257 25352 (EU), +48 222 739 976 (international)
When we contacted the broker’s support team via telephone, we got a response within a few minutes. The response from the customer support team was polite and offered all the information we were looking for.
Email Contact : You can reach XTB’s support team via email at accountsupport.cy@xtb.com for European clients, and at sales_int@xtb.com for international clients.
Help Page : XTB’s Help section offers a detailed list of Frequently Asked Questions, addressing common client inquiries about account opening, account types, deposits, withdrawals, and more. You can access the Help page from the top menu on the broker’s website.
Support Contact
4/5
- Outstanding live chat service
- An extensive FAQs section
- Email support available
Research and Educational Materials
XTB provides a variety of educational resources on their website to help traders improve their market knowledge. Their extensive learning library includes videos, webinars, and courses tailored for both beginners and experienced traders. Additional resources cover trading platform guides, video tutorials, daily market updates, and more. Here’s an overview of what is available:
A comprehensive education section featuring in-depth market analyses and a wide range of learning materials. You
The XTB Trading Academy: A specialized learning hub offering a wide range of educational resources to help traders enhance their skills. It includes video tutorials, trading courses, articles, and more. Traders can explore topics across different areas, including technical analysis, fundamental analysis, and trading strategies, with hundreds of lessons available in over 12 languages to support all levels of trading experience.
A collection of articles covering diverse topics such as trading platform tutorials, market introductions, technical and fundamental analysis, risk management, trading psychology, and more.
Live Webinars: XTB frequently organizes webinars and seminars, allowing participants to interact directly with market experts. These sessions cover topics ranging from identifying trading opportunities to mastering the xStation platform.
E-books on various trading topics.
The news section is updated regularly to keep traders informed about the latest developments in the financial markets.
Research & Education
3.5/5
- Good educational content
- Live webinars
- XTB Trading Academy
Security and Money Guarantees
At Thinkforexbrokers, we prioritize guiding our readers to trade exclusively with regulated brokers, and XTB meets this standard. Our key findings include:
- Over two decades of business history and growth
- Top-tier FCA and CySEC licenses
- Award-winning brokerage
FCA regulation ensures that brokers adhere to strict rules for safeguarding and managing client funds, minimizing the risk of fraudulent activity. UK traders are protected under the Financial Services Compensation Scheme (FSCS) for up to £85,000 per claim if the broker becomes insolvent.
Similarly, CySEC regulation provides EU retail traders with coverage under the Investor Compensation Fund (ICF), offering compensation of up to €20,000 in the event of broker insolvency.
Entity | Regulator | Amount covered | Negative Balance Protection |
XTB Limited | Financial Conduct Authority (FCA) | £85,000 | |
XTB Limited | Cyprus Securities and Exchange Commission (CySEC) | €20,000 | |
XTB International Limited | International Financial Services Commission (IFSC) | N/A | |
X-Trade Brokers DM SA | Polish Financial Supervision Authority (KNF) | €20,000 | |
XTB Sucursal | Comisión Nacional del Mercado de Valores (CNMV) | €20,000 | |
XTB S.A. | BundesanstaltfürFinanzdienstleistungsaufsicht (BaFin) | €20,000 | |
XTB Mena Limited | Dubai Financial Services Authority (DFSA) | 100% of deposit up to €3,000 and 90% over this amount up to €22,000 |
Security of funds
3.5/5
- Regulated in multiple jurisdictions
- Strict FCA regulation, which translates to up to £85,000 compensation for UK clients
- CySEC regulation, which translates to up to €20,000 compensation for EU clients
- Multiple industry awards
Conclusion
- High liquidity
- Flexible leverage of up to 1:500
- Innovative proprietary trading platform
- Lightning-fast execution via the xStation 5 desktop, web, and mobile trading platforms
- Award-winning customer service
- Free educational resources to sharpen your skills
- Fully licensed and regulated since 2002
Overall
4.5/5
- Hybrid pricing model and fast order execution
- Competitive trading conditions and low non-trading costs
- Proprietary platform and additional analysis tools
- Opportunity to trade over 2,500 financial instruments
- An extensive educational library
