XTB Review

Minimum Deposit: $1 VISIT BROKER
73% of retail investor accounts lose money when trading CFDs with this provider.

XTB Review

Summary

XTB is an online forex and CFDs broker that has experience of over 20 years in providing trading services. XTB was founded in 2002 and currently operates from Poland. In addition, the broker has offices in over 13 countries. The broker is regulated by Tier-1 regulatory authorities like FCA, CySEC, and IFSC. XTB is one of the few brokers that are listed on any stock exchange.

XTB offers over 2100 financial instruments over multiple asset classes such as forex, indices, commodities, stock CFDs, and ETF CFDs. The broker provides its state-of-the-art proprietary xStation trading platforms to its clients that can be accessed via multiple devices and environments.

XTB offers trading at very competitive trading costs in terms of spreads and commissions. In addition, XTB has a good variety of educational and research resources for its clients. XTB makes it look seamless, from account opening to funding and trading.

8.7Expert Score
XTB Rating

With superior execution on a reliable, award-winning platform, XTB are one of the largest stock exchange-listed CFD brokers in the world – dedicated to helping you at every stage of your trading journey.

Investment Products
9
Commissions and Fees
8.5
Platforms and Tools
8.5
Research and Education
9
Deposit and Withdrawal
8.5

XTB Review

Pros and Cons

Tier-1 government regulatory body FCA authorises and regulates XTB and offers an award-winning xStation trading platform. The broker is listed on the Warsaw stock exchange. Trading over 2100 instruments with tight spreads and super fast executions is the biggest advantage of XTB. No minimum deposit is required to open an account, and various funding methods make transactions easy for clients worldwide. Customer support is available 24/5.

On the other hand, XTB has medium to average stock and ETFs trading fees and an inactivity fee. The broker does not accept clients from the US. In addition, most popular MetaTrader trading platforms are not offered by the broker. The product portfolio of XTB has mostly CFD instruments. Fundamental data provided by the broker seems not ample. The broker does not provide customer support on weekends.

Let’s summarise the pros and cons of the broker.

Positives
  • Regulated by FCA
  • Award-winning xStation
  • Listed on the Warsaw stock exchange
  • Over 2100 global markets
  • Tight spreads
  • Rapid executions
  • Several deposit/withdrawal options
  • Dedicated personal account manager
  • Trading academy
  • Powerful investing tools
  • No minimum deposit
  • Customer support available 24/5
  • Islamic accounts
  • Low forex CFD fees
  • Free deposit and withdrawal
  • Account opening fully digital
  • Quality news flow
  • Demo accounts
  • Platform tutorials
  • Educational videos
  • Negative balance protection
Negatives
  • US clients not accepted
  • Inactivity fee
  • No MetaTrader platforms
  • Product portfolio restricted typically to CFDs
  • No 24/7 customer support

XTB Review

Investment Products

XTB offers more than 2100 financial instruments to trade. The asset classes offered by the broker are: Forex, Commodities, Indices, Stock CFDs, and ETF CFDs. The broker does not offer cryptocurrencies, options, or bonds despite the large product portfolio.

XTB offers 57 Forex, 23 Commodities, 37 Indices, 1849 Stock CFDs, and 138 ETF CFDs instruments to trade for all traders.

XTB Instruments Summary

InstrumentsXTB
Forex
Stocks
Indices
Commodities
Cryptosx
Optionsx
Bondsx
ETFs
CFDs
XTB Instruments

XTB Review

Commission and Fees

Commission and Spread Fees

XTB offers trading at very competitive costs. Tight spreads start from 0.35 pip for forex, indices, and commodities. However, there is a minimum commission fee of 0.08% per lot to trade Stock CFDs and ETF CFDs. The broker offers only one main account type, which is “Standard Account,” and all types of fees are applied to this account.

FeeAccount Type
Commission (per standard lot per side)0.04%
Spreads from0.35
XTB Fees

Deposit and Withdrawal Fees

XTB does not charge any deposit or withdrawal fee. However, there are some exceptions, like. The broker charges 2% fee for deposits from Paysafe. Then, a $20 withdrawal fee is applied to the withdrawal lower than the threshold, which is $100.

Inactivity Fees

After 12 months of inactivity, XTB charges a monthly €10 as an inactivity fee.

XTB Review

Platforms and Tools

XTB provides the award-winning xStation 5 platform designed to provide optimum performance for both new and experienced traders through simple interfaces and powerful charting tools. The broker also offers some lucrative trading tools along with the proprietary platform.

XTB xStation 5 Trading Platform
XTB xStation 5 Trading Platform

xStation 5

The xStation 5 platform is simple to use and completely customisable. It features faster execution times and trading tools, including a trader’s calculator, performance data, and sentiment analysis. Trading market orders, stop losses, take profits, and pending orders directly on the charts with market depth is possible with xStation 5’s sophisticated chart trading. The integrated one-click trading feature makes trading more convenient and efficient.

The live performance statistics function allows you to analyse your performance to identify which markets you do best in, as well as your win/loss ratio for short and long bets. Fibonacci, Moving Averages, RSI, Bollinger Bands, and other important technical indicators are included in xStation 5. You can design your own trading system templates to store for later use, or you can utilise one of the pre-built trading templates. With a single click, you can effortlessly lock in all profits or close all deals with the bulk order closure tool.

xStation 5 also has a trader talk function, which brings a live audio stream into the platform and delivers real-time market news and analysis. This might assist you in capitalising on prospective trading opportunities or avoiding particular markets. The sentiment tool will show you how many XTB traders are selling and how many are buying an instrument.

The sophisticated screener allows you to filter markets to locate relevant opportunities, whilst the top movers display all key market changes and volatility in one location via a top movers tab. You can manage your trades from any device, including a desktop computer, laptop computer, smartphone, or tablet, if you want to trade on the move since you can access your account from anywhere at any time to open and manage trades.

Here are the salient features of xStation:

  • Award-winning platform
  • Higher trade executions
  • Easy to use
  • Simple design
  • User-friendly interface
  • A web platform accessible through all popular browsers
  • Over 2100+ trading instruments
  • Comprehensive charts
  • Markets analysis
  • A vast array of technical indicators for technical analysis
  • Risk management tools
  • Market sentiment window
  • The economic calendar
  • Top movers window
  • Favourite list

Mobile Trading (xStation Mobile)

The mobile trading platform from XTB is simple to use and well-designed. Every crucial function is conveniently accessible. The mobile search tool in xStation is fantastic. You may either put the product’s name into the search field or explore the various categories. The order types available on the xStation mobile trading platform are Market order, Take-profit, Stop-loss, Trailing stop orders.

You may set up a variety of alerts and notifications, such as price alerts and notifications regarding relevant market news. The xStation app is well-designed and has many features as the online version, such as streaming news, pre-defined watch lists, an economic calendar, top movers, and client sentiment data. Several integrated films in the mobile app also offer webinar-style instructional information, with several courses lasting more than an hour.

XTB xStation 5 Mobile Platform
XTB xStation 5 Mobile Platform

Tools

XTB offers traders live market commentary as well as an economic calendar. They also provide advanced chart trading tools as well as sentiment analysis. The bulk of the trading tools is embedded into the xStation platforms. As a result, they are conveniently available for efficient trade. You may see specific performance data that identify areas where you can improve your trade. The trader’s calculator can assist you in determining your risk and profit for each transaction and your total portfolio. XTB clients may receive trade ideas and support/resistance levels immediately to their phones from qualified analysts. This contains trade advice from big institutions as well as significant technical levels, which might be beneficial if you are following the markets or searching for prospective trading opportunities while on the road.

XTB Market Sentiment Tool
XTB Market Sentiment Tool

XTB Platforms Summary

PlatformXTB
MetaTrader 4 (MT4)x
MetaTrader 5 (MT5)x
cTraderx
Proprietary (xStation)
Desktop
Web
Mobile
Social Tradingx
Other x
XTB Platforms

XTB Review

Research and Education

A world-class education is still at the heart of XTB’s offerings. Even though the broker does not provide dedicated tools like AutoChartist or Trading Central. But, a wide choice of educational content is provided to assist you in achieving your trading objectives. This provides individualised teaching for traders of all abilities and types. There is a library of videos, tutorials, an online trading academy, trading courses, and daily webinars to assist you in your trading journey.

Trading Academy

The XTB Trading Academy is a specialised education section that contains a wide range of information focused on helping you become a better trader, such as video lessons, trading courses, articles, and much more. You may select a topic from a variety of topics to help you improve your abilities at every step of your trading career. Over 150 lessons are accessible in 12+ languages, covering a wide range of investing topics such as technical analysis, fundamental analysis, and trading methods. They are prepared by XTB market professionals and analysts and are available in over 150 languages.

XTB Trading Academy
XTB Trading Academy

Trading Articles

The training content covers a wide range of topics, including trading platform tutorials, market introductions, analysis, risk management, trading psychology, and more.

Live Webinars

You may connect with XTB’s team of market specialists, practise technical analysis, and obtain clear, actionable market movement information – all from the comfort of your own home. Whether you’re a novice or a seasoned trader, they provide a variety of expert-led webinars that will help you improve your trading tactics. Live webinars with XTB analysts are available via trading platforms and social media in 11 languages.

Market News

XTB’s online market news is often updated, and it gives a professional analysis of numerous markets that may help you with your trade and provide suggestions for prospective trading opportunities.

Market Calendar

XTB offers an economic calendar that provides the previous, expected, and actual news events that shape the global markets that help your fundamental analysis. Combing it with technical analysis for news events trading can be very beneficial.

Price Tables

There is a section of price tables for all the offered assets. You can see live bid and ask prices, trading fees, and other important details of each trading instrument in its asset class section. This helps you assess the trading conditions provided by the broker.

XTB Research and Education Summary

ResourcesXTB
Market Analysis
Guides
Videos
Webinarsx
Autochartistx
Trading Centralx
Economic Calendar
Other
XTB Resources

XTB Review

Deposit and Withdrawal

XTB offers a variety of funding options for deposits and withdrawals. Clients from all over the world can deposit or withdraw funds via bank transfers, debit/credit cards, and some popular electronic wallets. XTB offers 5 base currencies, so any transaction made in the same currency as the base currency is not subjected to any additional charges. However, transactions made in different currencies carry conversion charges to your local currency.

Moreover, the broker does not offer or accept cryptocurrencies as a payment option. You can only make transactions from a source in your own name, and any third-party transactions are not accepted.

XTB Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptosxx
XTB Funding Options

XTB Review

Regulation and Safety

The XTB Group has a global presence and is licenced by the world’s main supervisory bodies, giving you confidence that you’re dealing with a reputable broker. Your account can be opened in the most convenient jurisdiction for you based on your country of residence. XTB is authorised and regulated by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the International Financial Services Commission (IFSC) in Belize

XTB Regulation Summary

RegulatorXTB
ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)
CFTC (USA)x
Other (IFSC)
XTB Regulators

XTB Safety

XTB has over 20 years of expertise in the industry. Thanks to the Tier-1 regulations and strict rules, the broker provides the finest trading services to its clients. X Trading Broker is traded as a security on the Warsaw Stock Exchange (WSE) with the symbol XTB, and its financial information is published regularly.  The broker claims to keep its clients’ funds in segregated top liquidity provider banks in Europe. In addition, the broker offers negative balance protection to its European clients. Overall, XTB is one of the safest forex brokers in the industry. They have won numerous awards for their leading brokerage services.

XTB Awards & Accolades
XTB Awards & Accolades

XTB Review

Client Support

XTB provides customer support via live chat, phone, and email 24/5.

XTB Review

Conclusion

XTB is an excellent CFD broker. It is governed by a number of financial regulators across the world, notably the FCA in the United Kingdom. The firm is traded on the Warsaw Stock Exchange. On the bright side, XTB’s FX CFD costs are modest, and many European clients may enjoy commission-free stock and ETF trading up to a monthly transaction volume of €100,000 with XTB. We also enjoyed how the deposit and withdrawal processes are quick and, for the most part, free. The account opening process is simple, quick, and painless. XTB can be a great choice for clients who like forex or CFD trading and wish to take advantage of fantastic deposit and withdrawal options as well as quick account creation. Feel free to try it out with a sample account.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

XTB Review

FAQs

When was XTB founded?

XTB was founded in 2002.

Where is XTB located?

XTB’s headquarters are in Poland, and the broker has offices in 13 countries, including the UK.

Is XTB regulated?

XTB is authorised and regulated by Tier-1 FCA, CySEC, and IFSC.

What trading instruments does XTB offer?

XTB offers over 2100 trading instruments from popular asset classes such as forex, commodities, indices, stock CFDs, and ETF CFDs.

What is XTB’s minimum deposit?

XTB requires no minimum deposit to open an account.

What investing platforms does XTB offer?

XTB offers xStation trading platform on desktop and mobile devices as well as on web browsers.

What is XTB’s commission fee?

XTB charges a minimum commission of 0.04% on stock CFDs and ETF CFDs trading.

Does XTB charge an inactivity fee?

XTB charges €10 as an inactivity fee after 12 months of no trading activity on an account.

What are XTB’s spreads?

XTB offers tight spreads starting from 0.35 pips.

What funding options does XTB offer?

XTB offers wire transfers, debit/cards, and e-wallets as funding options.

Does XTB offer demo trading?

Yes, XTB offers demo trading.

Does XTB offer Islamic accounts?

Yes, XTB offers Islamic accounts.

How do I contact XTB customer support?

You can contact XTB’s customer support 24/5 via live chat, phone, or email.
XTB Review
XTB Review
Minimum Deposit: $1
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

InvestingBrokers.com
Logo