XTB Review +4,2% (Tested for 2 Years) Opiniones? Read This Before Trading

xtb review
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After exploring XTB myself for two years, I’ve noted both strengths and areas where they can improve.

In this XTB Review you’l find out the truth from a real investor and a trader.

Starting off in Warsaw in 2002, XTB has become a well-known name with operations not only in the UK and Europe, but worldwide.

In most opinions, XTB is celebrated for its innovative trading platforms like the award-winning xStation 5. Whether you’re a beginner or a seasoned trader, you have to read this.

Let’s go.


What you need to know before starting with XTB

Key Features of XTB

I respect your time, so before delving into a detailed analysis, I am sure these are the things you want to know about XTB as soon as possible:

xtb broker key features

Here is what you need to know:

🔖 RegulationXTB is regulated by several reputable bodies like FCA (UK),
KNF (Poland),
UAE (DFSA), Cyprus (CySEC).
(This is more than the average EU broker)
👤 Customer baseXTB is huge with 1.000.000 registered users worldwide.
(XTB is a large platform)
🛟 Funds are Guaranteed up to €20,000 or 85.000 GBP. (this is the EU/UK standard)
Interest on cash 4,2% for 90 days, then 2% (this is nice)
💸 FeesSpread fees apply on derivatives and zero fee apply on Stocks
and ETF up to 100k x month.
0️⃣ Minimum DepositThere is no minimum deposit on XTB
📎 Trading PlatformXTB has its popular xStation5 trading platform,
and the XTB App
⛳️ 5800 Financial AssetsXTB offers 3000 stocks, fractional stocks, 300 ETFs,
CFDs and Crypto via CFD.
🌀 Account TypesStandard, PRO and DEMO. All single user
☎️ Contact Information+34 915 706 705 – Office@xtb.com
📍 Address1 Canada Square, Canary Wharf, London UK
👩🏼‍💼 Customer SupportAvailable in many languages

CFDs are complex financial products and carry a substantial risk of rapid financial loss due to leverage. Between 76-85% of retail investor accounts incur losses when trading CFDs with this provider. It is important to assess your understanding of how CFDs function and determine if you can manage the significant risk of monetary loss.


Pros and Cons of XTB

Let’s start with the negative side of XTB.

We all want the bad reviews first, right?

Pros and Cons of XTB

Here are the CONS of XTB broker:

  • Supports mainly CFD trading
  • Not compatible with Metatrader MT4/MT5 platforms
  • One-cancels-the-other OCO orders not implemented yet
  • There is no Social Trading
  • Inactivity Fee after one year (reasonable)
  • Leverage up to 30x (for the most adventurous traders this is not enough)
  • Spread on Cryptos are not the cheapest
  • Its international branch is based in Belize
  • Withdrawals not allowed on PayPal or credit cards buy only via bank transfer

Here are the PROS of XTB broker:

  • Full Demo account for 30 days (really free)
  • Real interest paid on cash (4,2% for 90 days)
  • Broker regulated in top tier jurisdictions (UK, Europe)
  • Fast opening, hussle-free process
  • Lots of CFD (you name it)
  • Savings / Investment plans available (with goals)
  • Real zero-commission up to 100.000€ on Stocks and ETFs (85k GBP in the UK)
  • XTB is not a “market maker” and they don’t have a dealing desk
  • Excellent educational section (their courses are popular and you can go through even if not investing

Who is XTB?

This broker was established in 2002 in Warsaw and now serves over 900,000 clients.

Who is XTB?

It is regulated by FCA in the UK and has been publicly traded on the stock exchange as X Trade Brokers (9PR.F) since 2016, ensuring transparency as its financial accounts are public and accessible to everyone.

xtb sponsor

This broker, established in Poland, not only leads the market at its Warsaw headquarters but also operates across 13 countries including Spain, the United Kingdom, Germany, and Portugal.

Since opening its Spanish office in 2008, the company has been noted for its commitment to client education and its user-friendly platform featuring an advanced stock search tool.

In 2018, it expanded its offerings by introducing stocks and ETFs trading. From October 5, 2020, trading in stocks and ETFs has been available with zero commission fees, which we will detail later in the section on fees.


How does XTB work?

XTB is a versatile brokerage specializing in multi-asset CFD trading, offering users the opportunity to invest in stocks, ETFs, forex, commodities, and a variety of other assets.

How does XTB work?

To understand how XTB operates and how it can cater to your trading needs, it’s helpful to break down the core elements of its service.

Whether you’re a beginner or an experienced trader, this overview will clarify what XTB offers and how it supports its users:

1. Platform Accessibility

Obviously XTB provides a versatile trading platform accessible via desktop, web, and mobile apps, allowing you to trade anytime, anywhere.

2. Account Options

Setting up an account is straightforward, with different account types available to suit various trading styles and preferences. Choose from standard or pro accounts based on your needs regarding spreads and commissions.

3. Wide Market Access

Trade across a diverse range of markets including Forex, indices, commodities, stock CFDs, and cryptocurrencies, facilitating portfolio diversification.

4. Trading Tools

XTB offers advanced charting tools, real-time analysis, and educational resources to help you make informed trading decisions.

5. Leverage and Risk Management

Utilize leverage to control large positions with less capital. Risk management tools like stop-loss orders are available to help manage potential losses.

6. Rapid Trade Execution

Enjoy fast and reliable trade execution, ensuring your trades are made efficiently without significant slippage.

7. Security and Regulation

XTB is regulated by multiple financial authorities, ensuring compliance with legal standards and offering features like segregated accounts and negative balance protection.

8. Customer Support

24-hour customer support during the trading week helps address any issues promptly, enhancing your trading experience.

xtb live
Example of forex trading with XTB from my backend live

Ok, so why Choose XTB in 2024? (or not)

What Sets XTB Apart from competitors?

I believe that XTB distinguishes itself in 2024 by focusing on user-friendly innovations and robust support systems.

why Choose XTB

Here’s a straightforward look at what makes XTB stand out:

1. Advanced Trading Platform

XTB’s platform, xStation 5, is known for its ease of use and powerful features, making trading accessible to everyone. It’s continuously updated to stay ahead of market trends and user needs.

2. Focus on Sustainable Investing

XTB now includes options for trading in assets that meet high environmental, social, and governance standards, appealing to traders interested in ethical investing.

3. Expanded Educational Resources

XTB has enhanced its learning resources, offering everything from beginner tutorials to advanced trading strategies. This helps traders at all levels improve their skills.

free courses trading

4. Improved Risk Management Tools

New tools and features help traders better manage risks associated with trading, providing more ways to protect their investments. With XTB you will never lose more of what you have deposited.

5. Transparent Pricing

XTB keeps trading costs clear and competitive, with no hidden fees. There is even a cost calculator. This transparency is very welcome.

6. New Financial Products

XTB regularly updates its offerings to include the latest products, such as new cryptocurrency options and thematic investment opportunities.

Many trading platforms claim to offer innovative features, yet they often fall short, remaining tethered to outdated practices. In contrast, I find that XTB genuinely stands out in this regard, consistently pushing the boundaries to stay ahead of industry trends.

assets on xtbbrkoker
Example ofcommodities offer with XTB from my backend live

Safety and Regulation

Is XTB Regulated?

No one wants to put their money on a trading site that closes and runs away with the funds. That’s why I have always used and mentioned on this site only those platforms that are regulated in Europe with satisfactory standards.

Is XTB Regulated?

XTB, or X-Trade Brokers, is indeed a regulated entity. The company is primarily regulated by several major financial authorities globally, including:

  1. Financial Conduct Authority (FCA) in the United Kingdom.
  2. Komisja Nadzoru Finansowego (KNF) in Poland.
  3. Cyprus Securities and Exchange Commission (CySEC) in Cyprus.

Here is the FCA authorisation of XTB in the UK:

xtb fca uk

The broker is also regulated by the Polish Financial Supervision Authority (KNF) for multiple European countries where it operates, so if you live in any European country you can use it safely.

xtb licence

These regulatory bodies ensure that XTB adheres to strict financial standards and practices, providing a level of security and trust for its customers. Regulations cover aspects like fair trading practices, client fund protection (financial services compensation scheme) and transparency.

Key Takeaway: XTB is regulated by multiple reputable financial authorities (TIER 1), which underscores its commitment to maintaining a secure and trustworthy trading environment for its clients.

How is your money protected on XTB?

What do I think?

  • Do they also offer CFDs, which are considered to be a risky asset?
  • Yes.

  • Do they provide a safe environment in which to do so?
  • Yes.

XTB protects the assets that clients deposit in broker accounts.

How is your money protected on XTB today?

  • Security of Funds: Clients’ funds are likely to be held in segregated accounts, a common practice among regulated brokers.
  • Investor Protection Schemes: While specific details on investor protection schemes (like compensation funds) were not directly mentioned, regulation by entities such as the FCA typically includes such protections.
  • Regulation and Compliance: XTB Limited is authorised and regulated by the UK Financial Conduct Authority (FRN 522157), ensuring adherence to strict financial and operational standards.
  • Risk Management with CFDs: Trading CFDs involves significant risk, which is communicated clearly by XTB. They highlight that 76% of retail investor accounts lose money and stress the importance of understanding how CFDs work.

Key Takeaway: XTB keeps the investors’ money in segregate accounts and protections schemes are in place.

Is XTB Safe to Trade With?

My personal take: Considering where and how XTB is regulated and all the measures it takes to protect and educate its clients, I believe that XTB is a safe place to trade. I do not forget that XTB allows me to trade mainly retail CFD account, a type of asset among the most criticized in the trading world. Besides CFDs, however, I can trade 3000 stocks and 300 ETFs, while I enjoy 4.2% on uninvested cash balances, which is not bad.


XTB Reviews from real users

User perception of XTB has shown significant improvement recently. Here are some key highlights from reviews on Trustpilot and other evaluation sites:

  • Ratings on Trustpilot: XTB has amassed over 850 ratings on Trustpilot, with 60% of users rating it as excellent. It holds an average score of 4 out of 5 stars, reflecting a high level of overall user satisfaction. This score has been on the rise over the past year, indicating a continuous commitment to service improvement and customer care.
  • Focus on Education: XTB has been praised for enhancing user education, providing access to respected analysts and high-quality educational materials. This strategy has been well-received, helping users make more informed investment decisions.
xtb reviews trustpilot 77% of users rated XTB broker 4 and 5 stars
77% of users rated XTB broker 4 or 5 stars on Trustpilot.

XTB Opinions on Reddit

When we search for information on forums like Reddit we risk to waste time in endless old discussions.

I have made a summary of Opinions on XTB for Long-Term Investing from Reddit

XTB Opinions on Reddit

On Reddit users shared mixed views about using XTB for long-term investing:

  • Concerns: Some Reddit users expressed reservations about XTB, primarily viewing it as a CFD broker and questioning whether it purchases stocks on behalf of its clients or simply manages unbacked liability accounts.
  • Advantages: On the positive side, users noted XTB’s offering of zero fees on stock purchases, which is appealing for building small positions gradually. There was mention of XTB being a solid broker choice, despite some skepticism regarding its operations and fee structures.
  • Diverse Opinions: Comments varied widely, from concerns about potentially confusing interfaces designed to push CFD products to defenses of the broker’s lower fees and solid reputation. Users debated the safety and reliability of XTB compared to more established brokers.
  • User Recommendations: It was suggested that spreading assets across several brokers could be a strategy to maximize regulatory protections and minimize risks.

Summary of Redditors opinions on XTB broker:

While some investors appreciate XTB’s low fees and consider it a viable option for stock trading, others advise caution due to concerns about transparency and regulatory depth.

Source: reddit

Some users are recommended to carefully read contracts and consider how the brokerage aligns with their investment needs and strategies.


Account Features

XTB Account Types

The website content does not provide specific details on the different types of accounts that XTB offers directly.

XTB Account Types

However, based on industry practices and XTB’s service offerings, it’s typical for brokers like XTB to offer several types of accounts tailored to different levels of traders, which may include:

  1. Standard Accounts: Usually for retail traders, providing access to all trading instruments with some basic features.
  2. Demo Accounts: Offering a risk-free way to practice trading strategies using virtual money, which XTB does provide as part of its educational resources.

Additional features typically available across different accounts can include:

  • Zero commissions on stocks and ETFs up to a certain monthly turnover.
  • Competitive spreads on forex, commodities, and other markets.
  • Educational resources, such as courses and webinars.
  • Risk management tools, like stop loss and take profit options.
  • Access to trading platforms like MetaTrader 4 or XTB’s own xStation.

Key Takeaway: XTB offers various types of accounts, but now you will essentially find only two available: the Standard and the Demo.

XTB Standard Account

Here is the offer relative to the most common, the Standard Account.

The main features of the Standard Account include:

  • Instruments: 3,000 stocks plus 300 ETFs.
  • Execution Type: Instant, Market.
  • Real-Time Quotes: Free.
  • Negative Balance Protection: Yes. (you cannot lose more money of what you have invested).
  • Spread (e.g., EUR/USD): 0.00008 (quite low).
  • Minimum Order: 0.01 lot
  • Cash Withdrawals: Free (always).
  • Commissions on Spot Stocks: 0% for monthly volumes up to €100,000.
  • Minimum Deposit: €0.
  • Account Maintenance: Free (but beware, it requires at least one transaction per year; otherwise, a fee of €10 per month applies).

XTB DEMO Account explained

The DEMO Account on XTB includes everything above but you cannot lose money, it is made for people to learn the platform.

Of course, the demo account does not teach you how to trade and manage risk. It is obvious that if you are not trading with real money, you do not have to manage all the emotional aspects that cause people to lose money in the stock market. Therefore, trust the demo only to learn how to use XTB, not to trade and think you can become proficient with paper money.


XTB Trading Platforms and Tools

XTB provides two proprietary platforms:

  • xStation 5
  • the XTB App

Both platforms are user-friendly, intuitive, and offer fast execution speeds.

XTB Trading Platforms and Tools

Mobile App Features

With the XTB mobile App, traders will be able to access their account and execute trades from anywhere and at any time via their mobile devices. Just like any other trading app.

# xStation 5, mobile version (APP)

The platform offers a wide range of features, such as advanced charts, a broad selection of instruments, real-time news, and price alerts.

The XTB mobile App is available for free download from the Apple App Store and Google Play for Android devices.

Features of the XTB Trading App

XTB’s mobile trading app is designed to offer an extensive range of functionalities to enhance the trading experience for its users. Here are some of the key features of the XTB trading app:

  • Real-Time Quotes and Trading: The app provides instant access to market prices and the ability to execute trades either instantly or via the market.
  • Comprehensive Instrument Access: Users can trade over 5,700 global instruments, including forex, stocks, ETFs, indices, commodities, cryptocurrencies and 2300 CFDs.
  • 0% Commission: The app offers 0% commission on stocks and ETFs up to a monthly turnover of €100,000. Beyond this, the commission is only 0.2% (minimum €10), though a 0.5% currency conversion cost may apply.
  • Educational Resources: Integrated directly into the app are educational video courses suitable for all levels of traders, alongside push notifications for the latest news and market analysis.

star demo account
This is what you need to input to receive a free DEMO account.

All that is included in the above trading for smartphone app plus:

Features of XTB’s xStation 5

XTB’s xStation 5 is a powerful trading platform that offers a range of features to cater to both novice and experienced traders. Below are some of the key features of xStation 5:

  1. Advanced Charting Tools: xStation 5 provides advanced charting capabilities, allowing traders to analyze the markets through various technical indicators and graphical objects.
  2. User-Friendly Interface: The platform is known for its intuitive interface, making it easy for traders to navigate and manage their trading activities.
  3. Risk Management: It includes tools like stop loss and take profit orders to help traders manage their risks effectively.
  4. Performance Analytics: xStation 5 includes tools that analyze trading performance, providing insights that can help traders refine their strategies.
  5. One-Click Trading: This feature simplifies the trading process, allowing traders to open or close positions with just one click, which is crucial for taking advantage of fast-moving market opportunities.
  6. Mobile Accessibility: While xStation 5 is primarily a desktop platform, XTB ensures that traders can also access their accounts and trade on mobile devices, providing flexibility to trade on the go.

XTB reviews of Fees and Costs

The details I provided earlier regarding XTB’s fee structure are consistent with the general practices and offerings highlighted on the XTB Help Center. However, here’s a consolidated view that merges both sources and confirms their accuracy:

XTB Fees and Costs


(Almost) Commission-Free Trading
:

  • XTB offers 0% commission on stocks and ETFs for transactions up to €100,000 per month. Beyond this threshold, a commission of 0.2% is charged, with a minimum fee of €10.

No Custodial, Maintenance, or Dividend Fees:

  • XTB does not charge fees for custody, account maintenance, or dividends, which is particularly beneficial for investors focusing on income-generating assets.

Fractional Shares and ETFs:

  • XTB allows trading in fractional shares and ETFs, making it accessible for investors with smaller capital to invest in high-value stocks and ETFs without purchasing whole units.

Additional Costs:

  • While the trading itself can be commission-free up to a certain limit, investors should be aware of potential taxes on transactions specific to certain countries, as noted:
    • France: 0.3% of the transaction
    • Spain: 0.2% of the transaction
    • USA: 0.0022% of the transaction

Inactivity Fees:

  • An inactivity fee is applied if no trading activity occurs for a certain period, aligning with the practice of charging €10 per month if no trades are made annually.

Deposit and Withdrawal Fees:

  • XTB provides free deposit and withdrawal options, which helps in reducing the overall cost for traders.
terms and fees xtb

Key Takeaway:

XTB maintains a competitive edge with its fee structure, offering low-cost investment opportunities through commission-free trading limits and no maintenance fees. The addition of fractional shares (like Amazon) and specific transaction taxes tailored to regional markets further defines its global approach to accommodating various investor needs.

Detailed Overview of XTB Fees

FeesStandard Account
Account openingFree
Depositing capitalFree
Minimum depositNone
Witdrawal feeNone
Custody of funds and assets0€
Inactivity fee10€ after 365 days
of inactivity

Screenshot


Tradable Instruments on XTB platform

What Can You Trade with XTB?

XTB offers a comprehensive range of trading instruments across various markets.

Tradable Instruments on XTB platform

Here are the specific numbers for each category of instruments you can trade with XTB:

  1. Forex: You can trade with a selection of over 48 currency pairs, including major, minor, and exotic pairs.
  2. Stocks: There are over 1,800 stocks available for trading, including major companies from the US, UK, and European markets.
  3. ETFs: XTB provides access to more than 200 ETFs, allowing for diversified investment in various sectors and geographies.
  4. Indices: There are 42 global indices available, which include major indices like the US S&P 500, Germany’s DAX, and the UK’s FTSE 100 + Warsaw stock exchange
  5. Commodities: Traders can choose from 22 commodities, which include precious metals like gold and silver, energies such as oil and natural gas, and soft commodities like coffee and sugar.
  6. Cryptocurrencies: XTB offers trading on 25 cryptocurrencies including popular options like Bitcoin, Ethereum, Ripple, and more.

These options highlight XTB’s diverse offering that caters to a wide range of trading preferences and strategies, making it a versatile platform for global traders.

InstrumentNumber & Type
CFDsForex CFDs
Stock CFDs
Commodity CFDs
Index CFDs
Cryptocurrency CFDs
CryptocurrenciesBitcoin
Ethereum
Other Altcoins
Total Number: 25 Cryptocurrencies
Forex TradingMajor Pairs
Minor Pairs
Exotic Pairs
Total Number: 48 Currency Pairs
Stocks TradingUS Stocks
UK Stocks
EU Stocks
Total Number: Over 1,800 Stocks
ETFs TradingSector ETFs
Regional ETFs
Total Number: Over 200 ETFs
Indices TradingUS Indices
European Indices
Asian Indices
Total Number: 42 Indices
CommoditiesMetals (Gold, Silver)
Energy (Oil, Natural Gas)
Soft Commodities (Coffee, Sugar)
Total Number: 22 Commodities (CFDs)

Deposits and Withdrawals

Let’s dive into how to deposit and withdraw money from XTB.

XTB Deposit Methods and Options

XTB provides a range of deposit methods that are designed to make the funding of trading accounts as convenient and fee-free as possible. Based on the latest information from the XTB website, here are the deposit methods and options available:

  1. Bank Wire Transfer: Allows for direct bank-to-bank transfers. This method is widely used because of its security, although it can take a few days for funds to be credited to the trading account.
  2. Credit/Debit Cards: XTB accepts major credit and debit cards for instant deposits. This is one of the fastest ways to fund your account.
  3. Electronic Wallets: XTB supports various e-wallets, which can provide an instant, secure, and convenient way to deposit funds. Common e-wallets used include PayPal, Skrill, and Neteller.
  4. No Deposit Fees: XTB does not charge any fees for deposits, regardless of the method used. This makes it more accessible for traders to fund their accounts without worrying about additional costs.
  5. Minimum Deposit Requirements: There might be minimum deposit requirements depending on the region and the method used. These details are typically clarified during the account setup process or in the personal client area.

To collect this information I did my best BUT there are some regional differences in the available deposit methods between UK and EU, it’s advisable to check directly with XTB’s customer service.

Withdrawal Fees and Procedures

XTB offers free deposits and withdrawals, allowing clients to manage their funds without incurring extra fees. This applies across various payment methods available at XTB. However, it’s important to note that while XTB itself does not charge withdrawal fees, intermediary banks or financial institutions handling wire transfers might impose their own fees or charges.

Withdrawal Procedures at XTB:

  1. Initiating a Withdrawal: Withdrawals can be initiated through the client’s trading account interface, where they need to enter the amount and select their preferred withdrawal method. There is a button “withdrawal” just click on that one and follow the instructions.
  2. Verification: For security purposes, XTB may require identity verification before processing a withdrawal. This is a standard practice to ensure the security of funds.
  3. Processing Time: The time it takes for funds to reach a client’s account can vary depending on the withdrawal method. For instance, withdrawals to e-wallets like PayPal, Skrill, or Neteller may be processed within 24 hours, while bank wire transfers might take several business days.
  4. Minimum Withdrawal Amount: There may be a minimum amount required for withdrawals, depending on the chosen method. Clients should check these details in their account management section or consult customer support.
  5. Currency Conversion: If a withdrawal is made in a currency different from the account’s base currency, a currency conversion fee may apply.

XTB Market Research and Education

Now let’s dive into the education and research tools available.

Spoiler: the trading calculator is a blast (you can try it even in the DEMO account for free!

XTB Market Research and Education

Market Research Tools and Insights

Trading CalculatorXTB provides a trading calculator to help traders assess potential risks and rewards associated with their trading strategies. This includes calculations for margin requirements, pip value, risk exposure, and potential profits or losses.
Market Sentiment IndicatorsThe platform provides market sentiment indicators, showing how many traders are buying or selling a particular asset. This can offer insights into potential market directions based on trader behavior.
Daily Market News and AnalysisXTB offers daily updates on market news and analysis directly through its trading platform. This includes insights into market trends, economic events, and analysis of major market movements.
Economic CalendarTraders can access an economic calendar that details upcoming economic events and indicators from around the world. This tool is crucial for forex traders who need to stay ahead of market movements driven by economic announcements.
Advanced Charting ToolsThe trading platform comes equipped with advanced charting tools that offer technical analysis capabilities. Traders can use various technical indicators and graphical tools to analyze historical price movements and forecast future trends.
Educational ResourcesXTB places a strong emphasis on education, offering a range of educational materials that include video tutorials, online webinars, and trading courses. These resources are designed for both beginners and experienced traders.
Push Notifications for Latest News:Traders can opt to receive push notifications on their devices, keeping them updated with the latest market news and events that could affect their trading activities.
XTB’s Research Team InsightsXTB’s in-house research team regularly publishes detailed market analysis and trading ideas, which can be a valuable resource for traders looking for expert insights.

XTB’s Educational Resources

XTB offers a comprehensive range of educational resources aimed at traders of all levels, from beginners to advanced.

Spoiler: XTB Trading Academy is one of the largest in the world and it caters also the advanced traders not only the beginners!

Here are some of the key educational offerings provided by XTB:

  1. Trading Academy: XTB’s Trading Academy is segmented into courses based on experience levels – Basic, Intermediate, Expert, and Premium.
  2. Live Webinars: XTB hosts frequent live webinars that cover a wide range of topics including market analysis, trading strategies, and reviews of economic events. These webinars are conducted by professional traders and are interactive, allowing participants to ask questions.
  3. Video Tutorials: There is a vast library of video tutorials that cover many essential topics, from the basics of Forex trading to complex trading strategies and technical analysis tools.
  4. Educational Articles: XTB provides a rich collection of educational articles that delve into topics like risk management, trading psychology, technical and fundamental analysis, and much more.
  5. E-books: Traders can access various e-books that cover in-depth trading techniques, market analysis, and financial management.
  6. Daily Market Commentary: XTB offers daily market commentary and analysis, giving traders insights into market movements and potential trading opportunities.
  7. Economic Calendar: This tool is essential for all traders to track economic announcements that could affect the markets they are trading.

I believe XTB provides valuable educational content to support their trading journey. I have used myself many of the educational resources.

Here is a video from their trading academy:

XTB's Trading Academy - What is Forex trading?

XTB Customer Service Quality

I have tested XTB Customer Support (here is what I’ve found out)

XTB Customer Service Quality

I have tested XTB support several times.

This is not because I have many issues but just to report to you here in this XTB review some real life experience.

Well, there is not much to say: they answer.

The answer you get are normally shallow if the question is too wide, but all the times I have explained in detail what was my issue I received a complete answer.

Most of the times I use the chat box to receive support, but if I won’t be online in the following minutes I prefer email support.


Awards Recognition and Trust

Summary of XTB’s Awards and Recognition

I don’t need to be the one to tell you how famous, awarded, and recognized XTB is, and I’m not interested either. I think like a pure user, just like you.

awardes broker cfd

The following information underscores the high esteem in which XTB is held in the trading community:

  • Reputation and Trust: XTB has established a significant presence in the market with over 18 years of operation, amassing a base of nearly 1 million investors worldwide.
  • Regulation and Compliance: XTB is authorised and regulated by the UK Financial Conduct Authority, this is a TIER 1 regulator.
  • Client Base and Market Reach: Over 5 million app downloads.

XTB’s Interest-Bearing Account Program

Since November 2023, XTB has been added to the list of brokers that offer an interest-bearing account program for their clients’ uninvested capital.

In this case, XTB’s remuneration plan is available to all customers, requiring no specific actions (no need to ask for it).

broker interest

Here are the details:

New Clients:

  • Dollars: 5% per annum
  • Euros: 4.2% per annum

Existing Clients (those who have opened their accounts for more than 90 days)

  • Dollars: 2.5% per annum
  • Euros: 2% per annum

Interest payments are made during the first five business days of each month. Should clients choose to withdraw funds midway through the month, there would be no issues, as interest is calculated on a daily basis.

We are talking of a nice 4,2% interest on non invested money up to 90 days. Then liquidity generates 2%.


XTB Investment Plans

Furthermore, XTB offers an innovative feature: a customizable savings tool that enables you to design your personal investment plan based on your risk appetite and preferences.

XTB Investment Plans

This tool allows each investment plan to include up to 9 ETFs, with the investor deciding the optimal allocation for each. Additionally, investors can establish up to 9 different investment plans per account.

investing plans in etf

And what about the fees?

The fee structure remains consistent, offering zero commission on transactions involving stocks and even the best dividend ETFs, as long as the total monthly trading volume does not exceed €100,000.


Who are you? Expert or beginner?

XTB may be right for you, but make sure to read the following.

Here are some considerations for beginners and experts looking to use XTB:

For Beginners:

  • User-Friendly Platform: XTB offers a user-friendly trading platform called xStation 5, which is well-suited for beginners. It features an intuitive interface, easy-to-understand charts, and educational resources.
  • Demo Account: Beginners can benefit from a demo account that allows them to practice trading without risking real money, helping them to gain confidence and experience.
  • Educational Resources: XTB provides a wide range of educational materials, including webinars, trading courses, and articles that are helpful for beginners to learn the basics of trading.

For Experts:

  • Leverage Options: Experienced traders can utilize higher leverage options offered by XTB, which can increase potential profits but also come with higher risks.
  • Advanced Tools: XTB offers advanced charting tools and technical indicators that are valuable for experienced traders who need to perform in-depth market analysis.

So, I am a beginner, is XTB right for me?

I’ll try to answer in a meaningful way. I have been a beginner myself obviously but now it is hard to remember how it feels.

I believe this platform adapts to the investor’s skill level, offering courses ranging from basic to premium. This focus on education is a standout feature, with training tools that are nearly unparalleled in the industry.

Operating the xStation platform provided by XTB is straightforward, making it accessible even for novice traders. The process involves simply searching for a security, selecting it, and opening a position (yes, es easy as this). Although not famous to be the most intuitive in the market, it does facilitates a user-friendly experience.


Compare XTB Alternatives


To determine if XTB is the right broker for you, it might be more useful to compare it against its leading competitors.

Compare XTB Alternatives

Probably you have tried or heard of some other trading platforms, so here, I present a compilation of comparisons involving XTB.

XTB Vs. eToro

Let’s compare XTB with eToro.

Platform Usability

  • XTB: Features the user-friendly xStation 5 platform, suitable for all levels of traders.
  • eToro: Offers a social trading platform with intuitive copy trading features.

Available Markets

  • XTB: Provides Forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies.
  • eToro: Specializes in extensive stock and cryptocurrency markets, with options to buy stocks outright.

Fees and Costs

  • XTB: Known for competitive spreads and no commission on stock CFDs.
  • eToro: Features zero commission on some stocks but generally higher spreads on other assets.

XTB Vs. Degiro

Let’s compare XTB with Degiro.

1. Platform Usability

  • XTB: Known for xStation 5, XTB’s trading platform is highly regarded for its modern interface and user-friendliness, suitable for both novice and experienced traders.
  • DEGIRO: Offers a more straightforward, no-frills trading platform that focuses on functionality and low costs, appealing especially to investors who prefer a simple, direct trading experience.

2. Available Markets

  • XTB: Provides access to a wide variety of financial instruments, including Forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies.
  • DEGIRO: Mainly focuses on stock trading and ETFs, offering real stock ownership rather than CFDs, which attracts investors looking to hold actual shares.

3. Fees and Costs

  • XTB: Known for competitive spreads on Forex and CFDs and does not charge commissions on stock CFDs.
  • DEGIRO: Highly competitive with its low fees, particularly known for low stock and ETF trading costs, making it a favorite among cost-conscious investors.

4. Regulatory Compliance and Security

  • Both brokers are well-regulated within Europe. XTB holds multiple licenses, including from the UK’s Financial Conduct Authority (FCA), while DEGIRO is regulated by the Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM).

XTB Vs. Scalable Capital

Let’s compare XTB with Scalable Capital.

1. Available Markets

  • XTB: Provides a diverse range of trading options including Forex, CFDs on stocks, commodities, indices, and cryptocurrencies.
  • Scalable Capital: Primarily focuses on ETFs and stocks, targeting long-term investment strategies with both managed portfolios and self-directed accounts.

2. Platform Usability

  • XTB: Features the advanced xStation 5 platform, known for its user-friendly interface that caters to both beginners and experienced traders.
  • Scalable Capital: Offers a straightforward, user-centric interface designed for ease of investment, particularly with its robo-advisor component for automated investment management.

3. Regulatory Compliance

  • Both brokers are highly regulated. XTB holds licenses from several top-tier regulators including the UK’s Financial Conduct Authority (FCA). Scalable Capital is regulated by the German BaFin and also adheres to stringent European regulations, ensuring a high standard of investor protection.

Comparing XTB with Robinhood broker is not fair because the batter is not available in Europe yet (only US and UK). Trade Republic and Freedom24 are also competitors.


Where is XTB?

The main address in the UK is :

Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.

Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.
Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.

The main address in Poland is:

Prosta 67, 00-838 Skyliner, Poland:

xtb address poland Prosta 67, 00-838 Skyliner, Poland

Who is the CEO of XTB?

Omar Arnaout is the CEO of XTB.

Here is his LinkedIn profile.

ceo xtb omar

XTB Opinions On YouTube (Academy Free)

XTB's Trading Academy - xStation Basic Layout

Disclaimer: Trading securities involves a very high level of risk. Margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies carry considerable risk, including, but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility, all of which can significantly affect the price or liquidity of a currency or related instrument. It is important to note that the methods, techniques, or indicators presented in these products may not be profitable and can result in losing money rapidly.


My Opinion on XTB Broker

I think XTB is a good broker especially for Forex and CFD trading.

Until some time ago it was not right for beginners but now thinghs have changed.

It offers a variety of financial instruments, notably its catalog of over 3,000 real stocks and more than 300 ETFs, with fractional investment options starting from 10 €.

From the point of view of safety, XTB is regulated by multiple financial authorities worldwide.

Opinions about XTB have somehow improved over the past few years.

This is possibly because of its evolution from a CFD-focused broker catering to pure trading to a broad-spectrum investment broker with “ordinary stuff”, ETFs and stocks included.

Additionally, XTB’s commitment to financial education is noteworthy.

XTB is big, it is now one of the top 5 European brokers in terms of active client numbers.

What I dislike is the currency exchange of 0,5%, but let’s be honest, brokers like eToro charge up to 2%.

What I like is:

  • the infinite possibilities, the modern look, the powerful app
  • most people don’t take advantage of the 4,2% interest on cash, but it is there
  • investment plans up to 9 ETFs for a very conveniente price is a plus

Well, now it’s your turn! What is your opinion on XTB broker?

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