info@brokerdatanet.com +44 151 994 3722

XTB Guide – Read our In-Depth XTB Review

This XTB review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this XTB review does not apply to US users.

This XTB review contains the latest information about XTB.

If you're a new entrant in the realm of trading and broker, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you need to choose the ideal broker who will be transparent with you constantly.

In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will create hefty returns. XTB is just one such stage that will take you and your investment to great heights. It is crucial to know about XTB before you trust them with your money.

XTB review

Our entire XTB Review covers everything you will need to know about trading using XTB. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment objectives.

There is no sure-fire way to ensure profits; thus, you should carefully assess your broker before you select them. It's a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.

XTB is a broker that has paved its way successfully to the brokerage world. Within this review, we have attempted to collate a number of the vital facets of XTB. This review can help you to understand whether XTB is a good fit for your investments or not. We have tried to breakdown all the features and fees for your advantage.

XTB Review, Table Of Contents

Who are XTB?

XTB is a foreign exchange broker headquartered in Poland and provides a range of tools for trading. Since its start in 2002, XTB has emerged as a leading player in the field of online broker. XTB includes a highly competitive and full-featured trading site that is focused on forex, indices, metals, shares, commodities.

Over the past 19 years, XTB has grown into one of the leading online brokers.

After launching in 2002, their customer base has become as big as 250,000+ clients.

XTB is the favorite of many dealers because of its negative balance protection. Our XTB review discovered that they are an superb alternative for automated trading options. It is most appropriate for investors who are looking for a variety of assets. Social and automated trading options are the core at XTB.

Technology plays a substantial role at XTB. XTB offers trading on MT4, Mirror Trader, Web Trader, Tablet & Mobile apps. XTB is honest, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego. Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also provide in-house analysis.

The trader resource section at XTB is quite insightful for new traders as it permits them to get a closer look in the financial markets. XTB caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.

Benefits of trading with XTB?

Trading with XTB includes numerous benefits. These advantages are what sets XTB ahead of all other online brokers. You need to check all the advantages listed so you have a better comprehension of XTB.

The agent goes to great lengths to comprehend what traders need. Consequently, the service price is low, quick, and convenient. The broker also gives a variety of platforms for all kinds of traders. XTB helps to ensure that the individual needs of all online traders are duly met.

XTB also features excellent trading conditions that are readily available to only an elite group of institutional customers. The tight spreads and fast executions are a fantastic advantage for the traders. The technology embraced by XTB is of the maximum caliber, making sure that it is fast, dependable, and effective.

XTB admits the significance of having a quick order execution. A fast execution enables users to trade without worrying about slippage safely. It is going to also aid the traders to grab the maximum profitable opportunities.

Automated trading is another important facet of XTB. A new dealer can learn from industry experts using the automated trading alternative. The tight spread begins from as low as 0.0 pips, though they are offered for only razor accounts.

XTB has over 1,500 trading instruments to support all kinds of traders. These tools are dynamic and convenient for both the new and experienced traders. The dealers can set aside all their concerns when trading with XTB.

XTB overview

Year Founded: 2002

Regulated By: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego

Hedquarters: Poland

Minimum Deposit: $0

Number Of Clients: 250,000+

79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

If you feel that XTB is not right for you then at the bottom of this XTB review you wil find a lot of alternatives to XTB.

Everything you ought to know about trading using XTB

XTB is a lively platform that provides various techniques of trading online. These tools cover the monetary markets substantially. The Majority of the brokerage platforms provide less methods than XTB

If you would like to exchange with XTB, you'll need a minimum deposit of $0. This deposit is compulsory if you want to begin trading using XTB. This 2021 XTB review will direct you safely about trading with them.

XTB is as flexible as any other broker platform. XTB is excellent for traders that want a manageable array of low-cost services. The programs offered by XTB are third party, white-label offerings. All traders may select from MT4, Mirror Trader, Web Trader, Tablet & Mobile apps.

Together with everything, XTB has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction has to be kept open. The agents offer premium customer service that rewards customers with benefits.

Many less reputable brokers attempt to pressurise users into larger financing for premium services. XTB, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the further benefits will become available.

XTB accounts are available globally and provides outstanding service wherever they have customers. There are only a select few countries where XTB accounts are not available. Traders in the following countries cannot open or use a XTB account:

Is XTB Safe To Trade With?

Established in 2006, XTB has been in operation for 19 years, they have a head office in Poland.

XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego. These bodies have rules that mandate that trading platforms have steps in place to maintain investor's assets secured. This usually means that XTB users don't need to be worried about their money since it's segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.

You are able to make use of a choice for 2 Factor Authentications (2FA) with XTB for heightened security. An SMS with the confirmation code will be sent to a mobile phone. You'll be asked to input this code to log into your account.

Another concern with fiscal brokers with regards to safety might be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with customers on the stage.

Pro's & Con's Of Trading With XTB

Every online trading platform has some ups and downs, and no XTB review would be complete without having a balanced approach. This XTB review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

XTB Pro's

  • XTB is trusted by 250,000+ clients
  • XTB offers Negative Balance Protection
  • XTB doesn't charge inactivity fees
  • XTB doesn't charge deposit fees
  • XTB offer trading on MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
  • XTB offer 1,500 trading instruments
  • XTB trades major forex pairs
  • XTB trades minor forex pairs
  • XTB trades exotic forex pairs
  • XTB offers trading on cryptocurrencies
  • XTB can communicate in English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

XTB Con's

  • XTB does not offer Guaranteed Stop Loss
  • XTB charge withdrawal fees
  • XTB charge CFD fees

XTB Review - Compare Brokers Similar To XTB

XTB Forex Euroclub VTB 24 Bank Colmex
Rating 4/5 3/5 4/5 4/5
Minimum Deposit $0 $100 $100 $100
Year Founded 2002 2008 2008 1990
Headquarters Poland Russia Russia Cyprus
Regulated By Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Unregulated Unregulated Securities and Exchange Commission (SEC)
Clients 250,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk Your capital is at risk Your capital is at risk

XTB Review - Regulation And Licencing In More Detail

XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.

XTB, as a company, has a strong set of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.

XTB Review - Awards

    At the time of writing this XTB review, they had not received any awards.

XTB Review - Minimum Deposit Required

The minimum deposit you need to begin on XTB is $0. This is a decent amount for people just starting out. You can create more advanced deposits as you go along. But, make certain that you know how to make the most of your money before investing larger amounts.

XTB Review - Commission And Fees Explained

XTB is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this purpose.

The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are spending a spread, financing rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.

Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for operations like depositing money, not investing for long periods, or withdrawals.

In general, XTB doesn't charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly trade, for example weekly or daily trading.

However, non-trading fees billed by XTB are relatively higher. As a result, you're charged more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.

This XTB review breaks down every one of the relevant non-trading charges for you in detail.

Compare broker fees against XTB

XTB Forex Euroclub VTB 24 Bank Colmex
Minimum Deposit $0 $100 $100 $100
Withdrawal Fees variable variable variable variable
Inactivity Fees No
Deposit Fees No
CFD Fees Yes

XTB Review - Withdrawal Fees Explained

XTB charges a withdrawal fee if you make a bank transfer. Each time you move money into your bank accounts, these withdrawal fees become applicable.

Withdrawal of money is possible at any time from your XTB account. It's possible to withdraw sums up to the sum of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't always need to have any money in your accounts.

In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, the withdrawn money will be sent into the card. XTB will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you are choosing to withdraw in.

XTB Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions that run through your head when open an account with XTB. An inactivity fee is an amount charged to registered traders that have not engaged in purchasing or selling for a while. The period considered inactive is decided by the agent.

The inactivity fee differs from 1 agent to another and is not standardized. If a dealers account doesn't have a purchasing or selling trade, it's maintained by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms they had agreed while enrolling.

XTB doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees have been implied by XTB, it is better that you close the account if you are inactive. Inactivity fees aren't only charged by broker companies but also many financial services.

For other trading platforms, the inactivity fee is contingent on the sort of account you have selected. The inactivity fee is exposed to a lot of conditions and needs to be disclosed clearly by the broker beforehand.

XTB Review - Deposit Fees Explained

When you transfer money in your trading account from your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this particular operation.

XTB doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the XTB trading platform is simple. You just have to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll need to give an identity proof and evidence of residency to deposit substantial sums.

XTB Review - Compare Broker Deposit Methods

XTB Forex Euroclub VTB 24 Bank Colmex
Minimum Deposit $0 $100 $100 $100
Credit Card Yes
PayPal Yes
Neteller Yes
Skrill Yes
Payoneer Yes

What Can You trade With XTB?

Note: XTB offers many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered can be different depending on the country of residence of the client.

XTB has a wide variety of over 1,500 instruments available for you to trade with.

If trading currency pairs is of interest to you then XTB offer over 50 currency pairs.

Compare XTB, Forex Euroclub, VTB 24 Bank & Colmex below.

XTB Forex Euroclub VTB 24 Bank Colmex
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, WEB, iPhone, Mac Desktop, Tablet & Mobile apps, Mac Desktop, Android, iPhone, Mac
Instruments Available 1,500 105 252 78
Forex & Crypto
Forex Pairs Available 50
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes No No No
Offers Exotic Forex Pairs? Yes Yes No NO
Offers Cryptocurrencies? Yes Yes No NO
Commodity CFD's
Commodities Offered 21 0 0 0
Trade Metals? Yes Yes Yes No
Trade Energies? Yes Yes Yes No
Trade Agricultural? Yes Yes Yes No
Indiced & Stock CFDs
Stocks Offered 1696 0 0 0
Trade UK Shares? Yes Yes Yes Yes
Trade US Shares? Yes Yes No NO
Trade German Shares? Yes No No No
Trade Japanese Shares? Yes No No No


79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


Your capital is at risk


Your capital is at risk


Your capital is at risk

Alternatives To XTB

If, after studying this XTB review, XTB doesn't quite meet your needs check out these XTB alternatives.

We've scoured the internet to find the best alternatives to XTB. Click the links below to learn more.

Frequently Asked Questions about XTB

Can I try XTB before I buy?

Yes, you can most certainly try XTB before you buy. XTB provides demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.

If you register to get a demonstration account on XTB, you may set out with a decent amount of virtual money. It's to establish a feeling of safety and confidence in you until you choose to spend your own money.

With this virtual XTBdemo account, you are able to experiment in any way, to whatever length you desire. You might also start positions, test different trading approaches, and much more.

XTB specifies on its official site that you can exchange real time stocks in a demo account.

Is XTB safe?

You can drop all your worries since we believe that XTB is perfectly safe to use. It is in compliance with the rules of Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.

Nevertheless, XTB does not provide assured stop-loss protection.

Why does XTB ask for my passport?

The reason that XTB asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, XTB has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, XTB must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with XTB?

The process to start trading withXTB is perhaps simple enough to be a cakewalk. You need to begin by signing up on the XTB website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with XTB is $0. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with XTB.

The best way to kickstart your trading career with XTB is to open a demo account facility before risking any real money

What funding methods do XTB accept?

There are multiple methods to fund your accounts with XTB. The process is effortless and quick, with different payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal isn't available in every country. The currencies XTB

Is my money safe with XTB?

Yes, your cash is safe and secure with XTB. As you already know, XTB operates with good conformation to. It's established lots of measures to protect all its own investors.

XTB protects its customers' personal and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further protect your account, you can enable Two-Step Verification as well. It takes an SMS affirmation for you to get your account.

Is XTB trading good?

Yes, trading via XTB is a pleasant and good experience indeed. It is an excellent and intuitive platform with useful features for your ease. In addition, you can even obtain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.

If you remain skeptical, you can open a eToro demo account and evaluate the credibility of the platform on your own.

Which Countries does XTB support?

XTB operates across the world. However, due to regulations there are some countries that XTB can't accept clients resident in

Is XTB legit?

XTB is a legit company headquarted in Poland since 2002. They are regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego. XTB is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is XTB a good broker?

XTB is an excellent agent, and its users can vouch for it. The highlight of the platform is its fast order execution on transactions.

You will discover the clean design of the platform and the commendable features a pleasure to work with.

Is XTB a trustworthy broker?

Yes, XTB is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 250,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for XTB?

The minimum deposit to open a live account with XTB is $0

How long do XTB withdrawals take?

Normally, withdrawal of money from XTB is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from XTB to show in your bank account.

Are XTB regulated?

XTB are regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego

Is XTB a market leading broker?

XTB is indisputably one of the industry leaders. It supports over 250,000+ registered users and over 19 years of expertise on its record. They are one of the world's leading trading platforms and a dominant figure in the Fintech revolution.

It simplifies this status to its incredible platform and broad selection of tools plus resources so that you can invest in capital markets.

Is XTB a con?

No, XTB is not a con. They are regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego and must adhere to their rules. Thus, it is safe to say that XTB is not a scam.

Can you make money with XTB?

Through XTB, many traders earn a great deal of cash. But typically, through consistent trading, you can create between 2% - 10% profit a month.

This can look like a small number, but within the year, this adds to a substantial amount of gains. While XTB provide you all of the tools to make money, they can't guarantee that you will profit.

Does XTB have fees?

Yes. To start trading using XTB, you need to deposit $0. Certain commissions while trading also apply. Any processing fees from your bank will need to be incurred by you.

When was XTB founded?

XTB was founded in 2002 in Poland. XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??n Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.

How many people use XTB?

XTB is a worldwide recognised agent with 250,000+ clients.

Where is the XTB head office?

XTB has its head office in Poland

Does XTB offer negative balance protection?

Yes, XTB has Negative Balance Protection. It is specially offered while the market volatility prevents customers from allowing their accounts go into the red. In such a scenario, XTB provides the ability to reset a customers account balance to zero.

You can go through the critical terms and conditions on XTB's site to comprehend their policies.

Does XTB offer guaranteed stop loss?

XTB regrettably, does not offer guaranteed stop loss. XTB provides an opportunity to its dealers to close their trade at their specified price. Aside from this, XTB doesn't offer guaranteed stop loss.

Does XTB allow scalping?

Yes, XTB do permit scalping. Several traders throughout the world choose XTB for their services that are trading. They offer trading on MT4, Mirror Trader, Web Trader, Tablet & Mobile apps which allow this.

Does XTB allow hedging?

Yes, XTB does allow hedging.

Can you trade energies with XTB?

Yes, you can trade energy stocks with XTB

Can you trade agricultural shares with XTB?

Yes, you can trade agricultural stocks with XTB

Can you trade cryptocurrency with XTB?

Yes, you can trade cryptocurrency with XTB

Can you trade metals with XTB?

Yes, you can trade metals with XTB

Can you trade UK Shares with XTB?

Yes, you can trade UK shares with XTB

Can you trade US Shares with XTB?

Yes, you can trade US shares with XTB

Can you trade Japanese Shares with XTB?

Yes, you can trade Japanese shares with XTB

Can you trade German Shares with XTB?

Yes, you can trade German shares with XTB

Does XTB accept bank transfers?

Yes, XTB accepts bank transfers for depositing money.

Does XTB accept credit cards?

Yes, XTB accepts credit cards for depositing money.

Does XTB accept PayPal?

Yes, XTB accepts PayPal for depositing money.

Does XTB accept Skrill?

Yes, XTB accepts Skrill for depositing money.

Does XTB accept Payoneer?

Yes, XTB accepts Payoneer for depositing money.

Does XTB accept Neteller?

Yes, XTB accepts Neteller for depositing money.

Does XTB offer Live Chat customer support?

Yes, XTB offers customer support through live chat.

Does XTB offer phone customer support?

Yes, XTB offers customer support over the telephone.

Does XTB offer email customer support?

Yes, XTB offers customer support through email.

What languages can XTB communicate in?

XTB has the ability to communicate and support customers who speak: English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

Does XTB have a wikipedia page?

No, XTB does not have an official wikipedia page.

Does XTB offer demo accounts?

Yes, XTB offers demo accounts so you can learn their systems before risking any real money.