XTB is a leading FX and CFD broker, providing access to global markets with an advanced, user-friendly platform. Let’s dive into their features, fees, account types, and more.
Quick insights
XTB offers a reliable and user-friendly platform with a diverse range of investment opportunities. However, potential traders should be aware of the risks associated with CFD trading. While XTB provides a solid foundation, it lacks social trading and copy trading features, and there are withdrawal fees for smaller amounts.
XTB broker review
XTB is a trusted online broker founded in 2004 in Poland, serving over 1 million clients worldwide. It offers a variety of trading options, including more than 3,000 stocks, 400 ETFs, and over 2,300 leveraged CFDs across commodities, indices, and cryptocurrencies.
With 0% commission on stocks and ETFs for up to EUR 100,000 per month (only 0.2% above that, with a minimum of EUR 10), trading is cost-effective. XTB also features free deposits and withdrawals with selected payment methods and allows free account opening in just 15 minutes.
Clients gain access to 6,000 instruments, supported by a user-friendly platform known for its competitive fees and excellent customer support. With 24/5 support and customizable trading tools, XTB provides a seamless trading experience for beginners and experienced traders.
XTB awards
Here are the awards won by XTB,
- The best brokerage of the year 2024 – Invest Cuffs
- Best CFD broker of 2024 – Awarded by Brokerwahl
- Highly commended – Finder Awards 2024
- Best forex broker proprietary platform – FXScouts 2023
- Best forex broker – Brokervergleich.de 2023
- Best mobile trading app – Forex Expo Dubai 2022
- Best forex broker – Rankia Awards 2022
- Best CFD broker in 2023 – Broker Chooser
- Best customer service – ForexBrokers.com Annual Review 2021
- Best B2B liquidity provider – UF Awards Global 2023
- Best trading platform – Forex Expo Dubai 2021
- Best forex broker for low costs – Investopedia 2021
- Best Broker in Europe – Money Markets Journal 2005
XTB regulation
Is XTB legit? Yes, it is legit and regulated by:
- CySEC (Cyprus) Cyprus Securities and Exchange Commission, CIF License number 169/12.
- FCA (UK) Financial Conduct Authority, license number 522157.
- FSC (Belize) Financial Services Commission, license number 000302/11.
Security measures of XTB
The security measures of XTB are as follows:
- XTB provides negative balance protection, ensuring that your trading losses cannot exceed your account balance.
- Client funds are kept in segregated accounts, separate from company funds, providing an added layer of security.
- Client funds are protected under the Financial Services Compensation Scheme (FSCS) for up to £85,000 per person in the unlikely event of insolvency.
- Is XTB regulated? Yes, it is regulated by the Financial Conduct Authority (FCA) in the UK, which means they follow strict rules to protect your money and ensure fair treatment.
How to open an XTB account
Steps to Open an XTB Account,
- Go to the XTB website.
- Enter your email address on the XTB website.
- Choose between opening a demo account or a real account.
- Fill out the account request form.
- Upload ID verification documents (e.g., passport, proof of address).
- Once approved, the XTB account will be activated.
- Deposit money to start trading (via PayPal, bank transfer, or debit card).
- Profits from trading are automatically credited to your account.
- Withdrawals over £50 incur a commission charge.
XTB financial assets
XTB lets you easily trade different kinds of assets.
Stocks
- Choose from over 3000 stocks, including Apple, Tesla, and Amazon.
- Buy stocks with no commission for up to €100,000 monthly. After that, a 0.2% fee applies (min. £10).
- Start investing with just £10.
- A 0.5% fee may apply for currency conversion.
- Invest in stocks from the UK, USA, Germany, and more.
- They offer fractional parts of stocks or ETFs, allowing smaller investments, though these shares come with limited rights.
ETFs
- Choose from over 350 ETFs, including popular options from global markets.
- Buy ETFs with no commission for up to €100,000 monthly. After that, a 0.2% fee applies (min. £10).
- Start investing with just £10.
- A 0.5% fee may apply for currency conversion.
- Invest in ETFs from the UK, USA, Germany, and more.
CFDs on Forex
- Choose from over 70 CFD currency pairs, including options from developed and emerging markets.
- Short sell to profit from falling prices.
- Trade CFDs on global currency pairs with leverage for greater potential profits.
- Enjoy competitive spreads starting as low as 0.8 pips.
- Benefit from low swap costs when keeping positions open overnight.
- Trade microlots starting from just 0.01 lot for precise management.
CFDs on indices
- Choose from over 30 CFD indices, including major indices from the US, Europe, and Asia.
- Short sell to profit from falling index prices.
- Trade CFDs on global indices with leveraged long and short positions.
- Enjoy competitive spreads starting as low as 0.012 pips.
- Benefit from low swap costs when keeping positions open overnight.
- Trade microlots starting from just 0.01 lot for precise management.
CFDs on commodities
- Choose from over 25 CFD commodities, including Gold, Oil, and many others.
- Short sell to profit from falling commodity prices.
- Trade CFDs on commodities with leveraged long and short positions.
- Enjoy competitive spreads starting as low as 0.8 pips.
- Benefit from low swap costs when keeping positions open overnight.
- Trade microlots starting from just 0.01 lot for precise management.
XTB investment plan
XTB Investment Plans offer a simple and beginner-friendly way to start investing, with a focus on saving for the future or retirement.
- Start with just £15: You can build your investment plan with small amounts.
- Automated payments: Set up regular payments with Auto Invest, where your funds are automatically invested in chosen ETFs (Exchange Traded Funds).
- Zero-commission: You can invest commission-free up to 100,000 EUR turnover per month. Above that, there’s a small commission.
- Flexible goals: You can choose whether you’re saving for retirement or other personal goals, with alerts to help adjust your plan.
- ETFs: These funds include stocks, bonds, or commodities, allowing for low-cost, diversified, long-term investing.
Earning interest
XTB pays interest on uninvested funds in your account, but the rate depends on your balance:
- 4.9% annually for balances over £30,000.
- 2.5% annually for balances under £30,000.
Interest only applies to the free margin—funds not used in trades, available for withdrawal, or opening new positions.
Interest is automatically activated for all accounts with uninvested funds, and there’s no minimum or maximum balance required. It is calculated daily and paid into your account monthly.
XTB account types
There are three types of accounts are,
- Standard account
- Pro account
- Islamic account
Standard account
- Spreads: Floating spreads start at 0.5 pips.
- Commission: No commission fees; costs are included in the spread.
- Execution: Instant execution of trades.
Pro account
- Spreads: Market spreads start at 0.1 pips.
- Commission: Small commission fees apply for accessing market-level spreads.
- Execution: Market execution, which may offer faster trade execution.
Islamic account
- Designed for: Traders who follow Islamic finance principles, allowing for swaps-free trading.
XTB demo account
A demo account at XTB is a free way to practice trading without using real money. Here are the benefits you can get,
- Trade options: Access over 2,100 CFDs on Forex, indices, commodities, stocks, and ETFs.
- Real Stocks: Invest in 3,000+ real stocks and ETFs with 0% commission (for monthly trades up to €100,000).
- Easy platform: Use the xStation platform, which is user-friendly.
- Low costs: Enjoy tight spreads from 0.2 pips and 30:1 XTB leverage.
XTB trading platforms
XTB offers a flexible trading environment for both beginners and experienced traders. Their easy-to-use platforms provide the tools needed for effective trading, allowing for simple navigation and access to all functions.
Web trading
- No downloads are required; you can access it directly through a web browser.
- User-friendly with advanced charting and analysis tools for informed trading.
Desktop trading
- Available for Windows and Mac.
- Provides a complete trading experience with advanced features for detailed analysis and fast execution.
Mobile trading
- Available on Android and iOS.
- Offers the convenience of trading anywhere.
- Features include interactive charts and analysis tools for quick trading on the go.
XTB broker fees and commission
The XTB broker fees and commission are as follows.
| Features | Charges |
|---|---|
| CFDs (excluding Equity CFDs and ETFs) | No execution commission, slightly wider spreads |
| Real Stocks and ETFs | 0% commission up to €100,000 per month, 0.2% thereafter, with a 0.5% FX fee for investments in different currencies |
| Account opening and maintenance | Free |
| Deposit fees | Bank transfer, Credit/Debit Cards: No fees charged by XTB; EU residents: No fees for PayPal and Skrill; Non-UK/EU residents: 2% fee for Skrill, 1% fee for Neteller |
| Withdrawals fees | Free for withdrawals above €100 |
| Inactivity fee | €10 monthly fee after 12 months of inactivity and no cash deposit within the previous 90 days |
| Transfer of securities to XTB | No fees charged |
| Transfer of securities from XTB to another broker | OMI: €25/USD 25 per ISIN; Shares listed in Spain: 0.10% of the share value per ISIN (minimum €100) |
| Transfer of securities between trading accounts at XTB | 0.5% of the value of the purchase transaction per ISIN (minimum €25/USD 25) |
| Currency conversion fee | 0.50% |
Deposit and withdrawals of XTB
XTB deposit methods
- You can deposit money using a card (debit or credit) or bank transfer.
- Card Payments & Bank Transfers.
- Use an account in your name linked to a bank in your country.
- Fees: Deposits are free at XTB for GBP, EUR, and USD. Ensure your accounts match your country.
- Instant deposits are available.
- No extra fees from XTB; however, your bank might charge for currency conversion if the currencies differ.
XTB withdrawal methods
- You can withdraw any amount to your bank account, and you’ll receive your money on the same or the next business day based on when you request it.
- Withdrawals must go to bank accounts in your name and match your registered address, and they are not responsible for any bank delays or fees.
| Currency | Withdrawal processing time | Withdrawal fee |
| GBP | Before 1 PM: Same business day | Free for amounts over £50 |
| After 1 PM: Next business day | £5 fee for amounts under £50 | |
| EUR | Before 1 PM: Same business day | Free for amounts over €50 |
| After 1 PM: Next business day | €5 fee for amounts under €50 | |
| USD | Before 1 PM: Same business day | Free for amounts over $50 |
| After 1 PM: Next business day | $5 fee for amounts under $50 |
XTB education
XTB provides a variety of educational resources, including articles on trending forex topics, insights into CFDs and ETFs, and market analysis with the latest news and conditions.
Additionally, XTB offers a free economic calendar to help traders keep track of significant economic events that may impact the markets.
They also offer free eBooks covering fundamental and technical analysis, trading strategies, and risk management. These resources are designed to equip traders with the knowledge needed for success in the financial markets.
XTB customer support
XTB Limited provides comprehensive customer support with a global reach. They offer 24/5 assistance through chats, email, and phone.
You can also reach them via Facebook, X (Twitter), Instagram, or YouTube.
- XTB contact number: +44 203 695 3085 (Account opening)
- XTB contact number:: +44 203 695 3086 (Customer service)
- E-mail: uksales@xtb.com
- Address: Level 9, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.
Conclusion
XTB is a reputable broker, offering a comprehensive trading experience with access to thousands of financial instruments and competitive fees.
However, XTB does not offer a welcome bonus or a no deposit bonus. Its user-friendly platform, robust security measures, and extensive educational resources make it suitable for both beginners and experienced traders.
With awards recognizing its excellence and commitment to customer support, XTB stands out as a solid choice in the FX and CFDs market.
Disclaimer: CFDs are complex and can lead to significant losses quickly. 76% of retail accounts lose money trading CFDs. So, be sure to understand them carefully before you trade.
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