XTB is a safe multi-regulated forex broker with a Standard and Pro account for all traders. XTB’s Pro account offers low spreads from 0.28 EUR/USD and commissions of $3.50/£3.00. Our XTB review found they offer 1500+ instruments and a top education range.
View XTB review below with analysis of the most important trading features the traders should be aware of from the broker
See our XTB review and find out if this broker are for you. Key criteria reviewed include:
With tight spreads, low fees and excellent trading platforms, XTB is considered a top forex broker catering to retail investor accounts from all over the globe. To start trading with XTB, customers can sign up to one of three account types (Standard, Pro or Islamic) depending on the subsidiary a trader registers with. Those trading with XTB International, outside of the EU, can create a Standard, Pro or Islamic account, while XTB UK only offers Standard or Pro account types.
XTB achieves tight spreads and fast execution by sourcing their liquidity via X Open Hub. X Open Hub is a specialist in providing technology solutions that connect ECN and STP type brokers with the multi-asset liquidity pools consisting of banks and other top tier financial institutions. XTB’s arrangement with X Open Hub means XTB can offer ECN-style spreads on Forex, Shares, Crypto, Commodities, Indices and ETFs so traders can take advantage of institutional-grade pricing.
Although spreads and fees vary between XTb’s 3 account types, benefits enjoyed by all XTB traders include:
As XTB executes trades as market orders, they provide target spreads rather than fixed spreads. Although the broker aims to achieve the target spreads outlined below, market volatility may result in varying bid and ask prices (as they are not fixed). Additionally, the broker has many subsidiaries around the world that comply with local regulation that impose different regulation, therefore spreads vary between countries.
As shown below, standard accounts are commission-free while Pro and Islamic account holders pay a flat rate commission fee of USD 4.00 per side. Share CFD trading carries a commission fee from 0.08% per lot, while Islamic account holders pay a flat rate fee starting from $10 per side (the higher commission replacing swap fees).
| Trading and Account Fees | Standard | Pro | Islamic |
|---|---|---|---|
| Forex Commission Fee | No Commission | GBP 3/EUR 3.5/USD 4 | GBP 3/EUR 3.5/USD 4 |
| Crypto Commission Fee | No Commission | GBP 3/EUR 3.5/USD 4 | ✘ |
| Stock CFDs Commission Fees | From 0.08% per lot | From 0.08% per lot | From $10 per lot |
| Swap Fees | ✔ | ✔ | ✘ |
| Inactivity fee | EUR 10 per month | EUR 10 per month | EUR 10 per month |
| Small Withdrawal Fee | $30 for withdrawals <$50 | $30 for withdrawals <$50 | $30 for withdrawals <$50 |
| Credit Card Withdrawal Fee | ✘ | $30 | ✘ |
| USD Bank Transfer Fee | 1.5% | 1.5% | 1.5% |
XTB’s Standard Account type is a great choice for beginner traders as it offers it avoids complex commission fee calculations. Forex spreads are tight with standard account holders paying no additional commission fees on top of the spreads offered. As shown below, XTB’s standard spreads are very competitive when compared to other top brokers. For instance, XTB offers average spreads of 0.70 pips, while HYCM and Traders way offers average spreads of 1.40 pips.
XTB Standard Account Average Spreads | |||||
|---|---|---|---|---|---|
 | 0.70 | 1.30 | 1.40 | 1.10 | 2.20 |
 | 1.70 | 2.00 | 2.40 | 1.60 | 2.20 |
 | 1.40 | 2.20 | 1.80 | 1.60 | 2.20 |
 | 1.20 | 1.50 | 1.70 | 1.80 | 1.70 |
 | 1.40 | 2.50 | 2.10 | 1.60 | 2.60 |
 | 1.60 | 1.74 | 2.39 | 1.45 | 2.22 |
Compare All No Commission Spreads >>
XTB standard account holders pay a commission fee of 0.08% per lot when trading ETFs and Stock CFDs, while Index, Cryptocurrency and Commodity trading have no commissions.
With tight spreads and low commission fees, the XTBs Pro Account is suited to scalpers, day traders and those using automated trading strategies. When trading Forex, Commodities, Cryptocurrencies and Indices, XTB customers pay as little as $4 per lot in commission fees, while spreads start from 0.28 pips.
The table below shows the broker’s average spreads offered to Pro accounts. Although popular brokers such as IC Markets and Pepperstone offer slightly tighter spreads, XTB still offers ECN-style pricing with tight average spreads of 0.30 pips for the EUR/USD currency pair.
XTB Pro Account Average Spreads | |||||
|---|---|---|---|---|---|
| 0.30 | 0.50 | 0.50 | 0.60 | 0.50 |
 | 0.10 | 0.60 | 0.80 | 1.10 | 0.50 |
 | 0.40 | 0.70 | 0.80 | 1.10 | 0.70 |
 | 0.44 | 1.12 | 0.77 | 0.61 | 0.99 |
| 0.50 | 0.50 | 0.80 | 1.70 | 0.70 |
 | 0.13 | 0.51 | 0.27 | 0.32 | 0.18 |
 | 0.10 | 0.40 | 0.30 | 0.40 | 0.20 |
Compare All ECN-Style Spreads >>
Like standard account holders, Pro traders pay a commission fee of 0.08% per lot when trading ETF and Stock CFDs.
XTB offers a Swap-Free account type for traders who follow the principles of Islamic finance, where paying or accumulating interest is prohibited. As the broker’s Standard and Pro accounts charge interest based swap fees (overnight financing fees), they are not compliant with Sharia Law.
Instead of Standard or Pro Account, Islamic traders can sign up to the broker’s swap-free account, which allows customers to pay a higher commission (which starts from $10 per lot) in place of swap interest fees. Islamic account holders have access to Commodity, Index, ETFs, Share CFD and Forex markets but Cryptocurrency trading is not available as an option.
As well as restrictions around Cryptocurrency trading, Islamic account holders are not able to trade the following currency pairs: EUR/TRY, USD/BRL, USD/CLP, USD/MXN, USD/TRY, USD/ZAR.
Please note, Islamic accounts are only available via XTB International, XTB’s UK based subsidiary do not offer Islamic account types.
Depending on the XTB subsidiary a trader is registered with, one can earn cashback rewards if a certain trading volume is achieved. For instance, if a customer trades between 100-299.9 lots during the previous month, they will receive $2 per lot traded. If a clients trading volume exceeds 1,000 lots, they will receive $5 for every lot they trade in a month.
As well as rewards for trading high volumes, those trading with XTB outside of Europe (and therefore CySEC and FCA regulation) can earn a $1000 bonus for referring a friend to XTB.
View XTB Review >>Visit XTB >>
As an XTB customer, you are able to trade more than just currency pairs. Traders are able to develop complex trading strategies using Contracts for Difference (CFDs) derived from 6 different asset classes.
Forex, Commodities and IndicesWhen trading fx pairs, commodities and indices. In addition to high leverage, the broker offers tight spreads on the following trading instruments:
XTB offers a choice of 49 major and minor currency pairs. Traders with XTB European entities can use a maximum of 1:30 (33% margin) for major currency pairs and 20:1 (5% margin) for minor currency pairs. Traders with XTB entities outside Europe can access a maximum 500:1 leverage.
Indices and commodities are spread only products meaning there is no commission with your trades. Unlike many CFD brokers, XTB does not charge traders overnight financing fees for open positions for these commodities. This allows traders to reduce trading costs on positions held open for longer than a day.
If you are trading with XTB Limited UK or XTB Spain branch or XTB Poland then you can trade with a maximum leverage of 20:1 (5% margin). Many of these instruments require lower. If you are trading outside Europe then maximum leverage can be as high as 500:1 (20% margin)
XTB offer some 42 Indices are available is a larger selection than many brokers offer. The range of indices covers major nations like Australia, USA and many European countries and some other regions like Mexico, Brazil and Korea.
When it comes to hard commodities, one can choose from 8 metals including zinc and nickel which are not commonly offered by online CFD brokers. 3 energies (natural gas, Bent and WTI crude oil) and 10 agricultural soft commodities.
XTB offers market access to over 60 ETF CFDs and 1,500 Stock CFDs with commission fees of 0.08%. Minimum order size and trading hours vary between CFDs.
If you are trading with XTB Limited UK or XTB Spain branch or XTB Poland then you can trade with a maximum leverage of 5:1 (20% margin). Many of these instruments allow a maximum of 1:1 (100% margin).
Some 1700 stocks are available which have been derived from US, UK and European stock exchanges.
When compared to top forex brokers, XTB offers one of the largest selections of Cryptocurrency CFDs. While many brokers provide access to between 5-10 Crypto CFDs, XTB offers 25! A combination of popular and emerging Crypto CFDs are available such as Bitcoin, Bitcoin Cash, Ethereum, EOS, Dash Litecoin, Ripple, Tron and Monero.
If you are trading with XTB Limited UK or XTB Spain branch or XTB Poland then you can trade with a maximum leverage of 2:1 (50% margin). Many of these instruments allow a maximum of 1:1 (100% margin). Trading with XTB entities outside Europe allows 5:1 (20% margin) leverage.
There are some restrictions when it comes to XTB’s cryptocurrency range. Cryptocurrency CFD trading is not available to MT4 users or Islamic account holders. To access XTB’s Cryptocurrency trading instruments, customers are required to use xStation 5 through a Standard or Pro account type.
Please note, maximum leverage depends on the XTB subsidiary you are trading with as certain financial authorities such as the ESMA and FCA enforce leverage caps.
XTB is seen as a safe and trusted CFD broker due to its subsidiaries following the regulation set by top-tier financial authorities including the
As well as tier-1 regulators, XTB is listed on the Warsaw Stock Exchange (Poland) and has offices in 13 different countries, including France, Germany, Italy, Turkey, Czech Republic, Spain and Belize.
As trading CFDs is a high-risk investment activity, XTB offers protections set by the relevant regional regulator such as segregating client funds, complaints process, PDS documents.
While all XTB subsidiaries segregate client funds, only certain locations provide traders with negative balance protection (i.e. CySEC and FCA regulated branches). Segregated funds guarantee client’s trading account balances are not used by XTB as operational capital, while negative balance protection ensures account balances do not move into negatives if a market moves unfavourably.
XTB offers customers two forex and CFD trading platforms, MetaTrader 4 (MT4) or xStation 5. Although both platforms make for an intuitive trading experience, there are key differences between the software in regards to product range, trading tools and risk management features.
MT4 may suit experienced traders or those wanting to develop sophisticated algorithmic trading strategies using Expert Advisors. While xStation 5, the broker’s proprietary XTB trading platform, provides full market access to thousands financial instruments with many useful tools for beginner traders.
MetaTrader 4 is the preferred trading platform for many retail investor accounts. XTB customers using MT4 can enjoy the following features:
A disadvantage to using MT4 is that you are unable to trade XTB’s full product range, as MT4 was primarily designed for forex trading.
[table “responsivescroll261” not found /]A major benefit to choosing xStation 5 over MT4 is the market access traders gain. While MT4 users cannot trade ETFs, shares or cryptocurrencies, those using xStation 5 can access XTB’s full product range with ETF, Share and Crypto trading permitted.
xStation 5 is well-suited to all levels of trading experience as the platform offers an easy-to-use design while providing unique technical analysis tools.
Examples of the trading tools and unique features the xStation 5 XTB platform offers include:
For those wanting to trade on the go, mobile trading apps are available for xStation and MetaTrader 4.
The broker’s proprietary xStation mobile app offers similar features to the desktop trading platform, with multiple order types, real-time news and in-house analysis, market sentiments and a range of technical analysis tools.
The broker’s proprietary mobile app is customisable, with the option to change the display to dark mode to save battery and enhance mobile charting and analysis.
XTB customers will find an ease-of-use when trading on MT4 with the ability to easily switch between the desktop platform and mobile apps. Whether you are wanting to trade via tablet or mobile device, the mobile apps well-designed layout makes it easy to analyse financial markets and place orders on the go.
Both xStation MetaTrader 4 mobile apps are compatible with Apple and Android devices.
XTB is well-known for its efficient multilingual customer support. With brick and mortar offices in 12 countries, customers in many areas can access face-to-face assistance, while email, phone and live chat are available for those located outside of office locations. Although European clients can only contact XTB’s customer service representatives 24 hours a day, 5 days a week, any traders outside of the EU are able to access 24/7 customer support.
While phone, email and live chat customer support are available to all current and prospective XTB traders, the broker offers three tiers of customer service depending on a clients trading volume and deposits.
All customers gain access to XTB’s customer service team and premium educational resources, yet Plus and VIP traders are provided various perks that enhance their trading environment. If a customer trades 10 lots and makes a minimum deposit of $100, they are provided additional benefits such as premium research materials, alerts and notifications, as well as priority passes to events and masterclasses. Please note, VIP benefits are only available via XTB International and not the broker’s UK subsidiary.
VIP status is only offered by XTB International (not XTB UK), and to qualify traders must make a minimum deposit of $25,000 and trade at least 100 lots. In addition to the benefits Plus traders gain, VIPs also are provided with one-on-one coaching, direct access to market analysts and cashback rewards.
To start trading, no initial minimum deposit is required by XTB, although the broker recommends $250. When opening a trading account, you can select from four base currencies:
XTB offers a range of funding methods including bank transfers, credit cards and e-Wallet. When withdrawing money from their trading accounts, trader’s face no fees and funds are returned to their nominated bank account. To deposit funds, the following payment methods are available, although certain e-Wallet deposit methods are only available in certain locations:
Although the broker does not charge fees to deposit funds via bank transfer or credit card, third-party fees may still apply with these payment methods. If a trader wishes to deposit funds via e-Wallets, XTB may charge a +/- 2% to the total amount being deposited. The below shows the deposit methods offered by XTB’s FCA regulated subsidiary based in London.
XTB offers a great range of educational resources covering a range of topics aimed towards different levels of experience. Regardless of account type or trading volume, customers gain access to premium educational materials created by XTB’s trading specialists.
XTB’s Trading Academy includes platform tutorials for both xStation 5 and MetaTrader 4 as well as lessons explaining CFDs, Forex and fundamental analysis. Although the broker currently lacks advanced tutorials the XTB.com website states expert Trading Academy resources can be expected soon.
As well as tutorials and articles, XTB’s market experts host live webinars suited to all levels of experience. Focused around technical analysis, the broker’s webinars cover research techniques to help traders advance their skills and trading strategies.
XTB offers free demo accounts for both MT4 and xStation trading platforms. Beginner traders will benefit from using demo accounts as it provides the opportunity to build confidence and learn the ins and outs of a trading platform prior to trading with real money.
Although its highly recommended beginners utilise the brokers free trial, traders of all levels of experience can benefit from demo accounts. It is a great educational resource as traders can practise and optimise trading strategies in a live trading environment, without the high risk of losing money.
XTB has the following business and regulation in the United Kingdom
The registered address of XTB is Level 9, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom (company number 07227848).
XTB Contact details are Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom. Contact details are
XTB to be compliant with FCA / ESMA regulations offer retail and professional trading conditions.
Leverage for professional traders is more generous as it is expected professional traders have the skills to use leverage responsibly and funds to manage any losses, unlike retail traders who may be more exposed when losses occur with high leverage.
Leverage available for CFDs is:
| Max. Retail Leverage | Max. Professional Leverage | |
|---|---|---|
| Forex - Majors | 1:30 | 1:200 |
| Forex - Minors | 1:20 | 1:200 |
| Cryptocurrency | 1:2 | 1:20 |
| Indices | 1:20 | 1:200 |
| Commodities - Gold | 1:20 | 1:200 |
| Shares CFD | 1:5 | 1:33 |
| ETFs | 1:5 | 1:33 |
The major disadvantage of trading with XTB is the limited range of financial instruments offered on MetaTrader 4. For those wanting to trade Cryptocurrencies, ETFs and Share CFDs, you will need to use xStation.
As well as a choice of trading platforms between xStation and MT4, XTB provides many features to enhance the Forex and CFD trading experience. Compared to other brokers, XTB offers ultra-tight spreads, a wide range of CFD products with cryptocurrency and share trading, as well as excellent customer support and educational resources.
While pricing and product range are important, a major benefit XTB customers gain is knowing that they are trading with a trusted, highly regulated broker. With oversight by tier-1 financial authorities such as CySEC and the FCA, plus the broker being listed on the Warsaw Stock Exchange, a high level of transparency, investor protection and trust is provided.
XTB is a forex and CFD broker established in Warsaw Polan in 2002. Originally called X-Trade, they were renamed XTB in 2004 and obtained regulation from the Polish Financial Supervision Authority in 2005. After expanding into other countries around Europe, XTB were listed on the Polish Stock Exchange in 2016, making them one of the largest listed online brokers in the world.
As an online broker, XTB offers the following services:
With these features XTB also offers
No, XTB are not a market marker or B-book broker. As an A-book or no dealing desk broker, XTB does not own the liquidity used for trading or act as a counterparty for each trade. This means XTB do not profit clients losses. XTB functions as a broker are to connect clients with liquidity providers and make profits by taking a small cut of clients trades. This will either be in the form of commission or wider spreads.
XTB is a no dealing desk broker that provides straight-through processing (STP) and/or electronic communication network trading execution that has been enabled by X Open Hub. A specialist in helping brokers connect traders with deep liquidity pools so clients can get the best trading spreads for a range of derivatives.
Loading...
