Investor protection is £85k to UK and €20-22k to EU clients, $0 to others
Fined for $2.8 mn in 2018 over asymmetric slippage
👥 43,597 people picked this broker at BrokersAward in the last 6 months
Our take on XTB
XTB is one of the biggest and most established CFD brokers out there. Besides CFDs, you can also invest in real stocks and ETFs, making XTB a solid choice for traders and investors alike.
XTB offers a smooth experience including easy account opening, convenient and mostly free deposit/withdrawal options, and user-friendly trading platforms.
If you’re an investor, pay attention to the inactivity fee, which kicks in after one year. You may also miss some popular asset classes such as options from XTB’s product portfolio.
✅ Pro
❌ Cons
❖ Commission-free stocks and ETFs (for trades up to €100k per month) ❖ Free and fast deposit and withdrawal ❖ Easy and fast account opening ❖ Interest paid on cash
“I usually recommend XTB to traders who are looking for a solid and well-established CFD broker. XTB is also a great choice for beginners, as no minimum deposit is required and you can use a lot of high-quality educational tools. I really liked the ease and speed of account opening as well.”
Real stocks and ETFs, CFD (forex, equity, indices, crypto, commodity)
Fees
XTB has low trading fees and non-trading fees. In many cases, there's no withdrawal fee, and there is free stock and ETF trading. XTB currently pays interest (up to 5% for USD) on cash balances. UK clients can also earn interest on their cash holdings. However, there's an inactivity fee.
✅ Pro
❌ Cons
❖ Free stocks/ETFs up to €100k monthly volume ❖ Most bank transfer withdrawals are free ❖ Interest on uninvested funds (at XTB UK)
❖ Inactivity fee
Account opening
XTB's account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day.
✅ Pro
❌ Cons
❖ Fast ❖ Fully digital ❖ No minimum deposit
None
Deposit and withdrawal
XTB deposits and withdrawals are fast and mostly free. You can deposit/withdraw money using bank transfer, credit/debit cards and electronic wallets.
✅ Pro
❌ Cons
❖ Credit/Debit card available ❖ Deposits/withdrawals are mostly free ❖ E-wallets available
❖ Few minor account currencies accepted
Desktop platform
XTB's xStation 5 platform is user-friendly, customizable and has a good search function. On the other hand, a safer two-step login is not available.
✅ Pro
❌ Cons
❖ User-friendly ❖ Clear fee report ❖ Good search function
❖ No two-step (safer) login
Mobile app
The XTB mobile trading app has a good search function and a modern design. On the other hand, there is no two-step authentication.
✅ Pro
❌ Cons
❖ User-friendly ❖ Price alerts ❖ Modern design
❖ No two-step (safer) login
Desktop trading platform
XTB's xStation 5 platform has a desktop version as well. In both functionality and design, it's exactly the same as the web trading platform.
✅ Pro
❌ Cons
❖ User-friendly ❖ Clear fee report ❖ Good search function
❖ No two-step (safer) login
Product selection
XTB's selection includes real stocks, real ETFs, and CFDs. Popular assets like bonds, mutual funds, options or futures are not available.
Research
XTB's research tools are user-friendly and helpful, including a news flow with some trading ideas.
XTB's phone and live chat support are reliable, fast and available in many languages. On the down side, customer service is available only 24/5 for European clients.
✅ Pro
❌ Cons
❖ Phone support ❖ Live chat ❖ Fast response time
❖ Low number of technical indicators
Education
XTB has a well-organized and clear education section, offering written and video materials, along with trading platform tutorials.
XTB is regulated by several financial authorities globally, including the top-tier FCA in the UK. It is listed on a stock exchange, but it has no banking license.
✅ Pro
❌ Cons
❖ Listed on stock exchange ❖ Negative balance protection ❖ Regulated by top-tier FCA
❖ Does not hold a banking license
Jump to Safety detailsSHOW LESS REVIEW SECTIONS
For a more comprehensive, in-depth look at the broker's services and features, simply expand on the sections below.
Fees
Score: 4.5/5
XTB has low trading fees and non-trading fees. In many cases, there's no withdrawal fee, and there is free stock and ETF trading. XTB currently pays interest (up to 5% for USD) on cash balances. UK clients can also earn interest on their cash holdings. However, there's an inactivity fee.
✅ Pro
❌ Cons
❖ Free stocks/ETFs up to €100k monthly volume ❖ Most bank transfer withdrawals are free ❖ Interest on uninvested funds (at XTB UK)
❖ Inactivity fee
Account opening
Score: 5/5
XTB‘s account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day.
✅ Pro
❌ Cons
❖ Fast ❖ Fully digital ❖ No minimum deposit
None
Can you open an account?
Yes, you can open an account at XTB if you live in Vietnam!
Vietnam
VISIT BROKER 81% of retail CFD accounts lose money
XTB accepts customers from all over Europe and from most countries around the world.
The no minimum deposit is relevant for individual accounts. On the other hand, corporate accounts require a relatively high £15,000 minimum deposit.
Account types
There is only one account type you can choose by default, it's called a Standard account. If you open an account from outside Europe, you can also open a Swap-free/Islamic account. This account type is compliant with Islamic law and doesn't charge swap fees. A corporate account is also available.
How to open your account
XTB's account opening process is fully digital, fast, and straightforward. Filling out the forms and submitting all the documents takes around 30 minutes. Once you're done, your account will be verified within a day. The 5 steps of XTB account opening:
Enter your email address and country of residence.
Add some personal information, like your date of birth and address.
Select the trading platform and account base currency.
Answer questions about your employment status, financial status and trading experience.
Activate your account by verifying your identity and residency.
Some European clients can verify their identity via video chat, which is a great feature. If video verification is not possible, you must upload a photo or scanned copy of your photo ID, passport or driver's license. Utility bills and bank statements are accepted as proof of residency.
XTB review – Account opening
Show less about Account opening
Deposit and withdrawal
Score: 4.4/5
XTB deposits and withdrawals are fast and mostly free. You can deposit/withdraw money using bank transfer, credit/debit cards and electronic wallets.
✅ Pro
❌ Cons
❖ Credit/Debit card available ❖ Deposits/withdrawals are mostly free ❖ E-wallets available
❖ Few minor account currencies accepted
Web trading platform
Score: 4.4/5
XTB‘s xStation 5 platform is user-friendly, customizable and has a good search function. On the other hand, a safer two-step login is not available.
✅ Pro
❌ Cons
❖ User-friendly ❖ Clear fee report ❖ Good search function
❖ No two-step (safer) login
Mobile trading platform
Score: 4.4/5
The XTB mobile trading app has a good search function and a modern design. On the other hand, there is no two-step authentication.
✅ Pro
❌ Cons
❖ User-friendly ❖ Price alerts ❖ Modern design
❖ No two-step (safer) login
Desktop trading platform
Score: 4.4/5
XTB‘s xStation 5 platform has a desktop version as well. In both functionality and design, it's exactly the same as the web trading platform.
✅ Pro
❌ Cons
❖ User-friendly ❖ Clear fee report ❖ Good search function
❖ No two-step (safer) login
xStation 5's desktop version is the same as its web equivalent version.
XTB‘s phone and live chat support are reliable, fast and available in many languages. On the down side, customer service is available only 24/5 for European clients.
✅ Pro
❌ Cons
❖ Phone support ❖ Live chat ❖ Fast response time
❖ No 24/7 support
Education
Score: 5/5
XTB has a well-organized and clear education section, offering written and video materials, along with trading platform tutorials.
We liked the structure of educational texts, as they are grouped based on the user's trading experience as well as by subject. The texts are high quality, understandable and logically structured. At the end of each lesson, you can fill out a quiz. This is a great feature that is not usually offered by other brokers. You can also watch educational and trading platform videos embedded into the texts on the website. XTB occasionally offers live webinars as well.
XTB review – Education
VISIT BROKER 81% of retail CFD accounts lose money
Safety
XTB is regulated by several financial authorities globally, including the top-tier FCA in the UK. It is listed on a stock exchange, but it has no banking license.
✅ Pro
❌ Cons
❖ Listed on stock exchange ❖ Negative balance protection ❖ Regulated by top-tier FCA
❖ Does not hold a banking license
Bottom line
XTB is a great CFD broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange. On the plus side, clients can enjoy commission-free stock and ETF trading up to a €100,000 monthly trade volume. We also liked that the deposit and withdrawal process is fast and mostly free. XTB offers interest for uninvested cash. The account opening process is seamless, hassle-free and quick. XTB has some drawbacks, though. The product range is mainly limited to CFDs, although real stock and ETF trading is available in some European countries. Lastly, there is an inactivity fee charged. We recommend XTB for clients who prefer forex or CFD trading and also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account.
VISIT BROKER 81% of retail CFD accounts lose money
FAQ
How do I put money in my XTB account?
You can deposit money to your XTB account using a bank transfer, a credit/debit card, or an electronic wallet such as PayPal or Paysafe. Credit card deposits are fastest but may involve a fee in some countries; while bank transfers are free but take a bit longer. You can initiate deposits after logging in to the xStation platform or your Client Office.
How long does it take to open an account at XTB?
Completing the registration process should take about 15 minutes. Once XTB receives all your information and documents, your account will be approved usually in less than a day.
How long does it take for XTB to approve my account?
Once you have completed the registration form and uploaded all documents to verify your identity, XTB will usually approve your account in less than a day.
How do I know if my XTB account is approved?
You will be notified by email as soon as your account is activated by XTB. You can also log in to the Client Office to check the status of your account.
How much do I need to open an account at XTB?
XTB requires no minimum deposit for newly opened accounts. This means you can start trading with relatively small amounts.
Can I use a debit card to deposit to XTB?
Yes, you can deposit to your XTB trading account using a debit card. Debit card deposits are usually free, although in some countries you will be charged a small fee, usually about 1% or less of the deposited amount.
Can I use PayPal to deposit on XTB?
Yes, you can use PayPal to fund your XTB account if you live in the European Union. Deposits via PayPal are instant and usually free.
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