XTB Review

XTB’s trading portfolio includes more than 1500 global markets, which you can trade on two sophisticated platforms – MT4 and xStation 5. Plus, you can get leverage of up to 500:1, ultra fast execution of trade positions, 24/7 customer support, cashback on trades, and absolutely no requotes. As many as 140,000 traders from different parts of the world trade on XTB’s sophisticated trading platform.

Can You Trust XTB?

The answer to this question is a big “yes” because XTB has to its credit over 15 years of industry experience. It is among the biggest Forex & CFD brokers in the world to be listed on the stock exchange.

The CFD broker has offices in over 10 countries, including the UK, Belize, Germany, Poland, France, and Spain. They hold financial services licenses issued by the world’s top financial regulators such as FCA, IFSC, CySEC, and KNF.

So, you can trade in confidence at XTB.

XTB Facts and Figures 2023

Instruments	2100+ Crypto, Indices, Forex, Commodities, Stock CFDs, ETF CFDs.
Licenses and Regulation	FSC, FCA, KNF and CySec
Demo Account	Yes
Islamic Accounts	Yes
Trading Platforms	xStation 5, xStation Mobile.
Minimum Deposit	$0
Accounts	Over 495,000 customers around the world.
Customer Support	Phone, Email, Live Chat, Facebook, FAQ.
Funding & Withdrawal	Bank Transfer, Visa, MasterCard, Mestro, Skrill.

XTB Trading Markets

XTB.com offers the following trading markets:

• Forex: XTB offers trading on 48 pairs of currencies such as EUR/USD, AUD/USD, NZD/USD, EUR/JPY, and others.
• Indices: This offering from XTB enables you to go long or short on more than 20 indices from different parts of the world, including China, Germany, and US. There is no overnight cost for rolling over your open trade positions to the following day.
• Commodities: Trade popular commodities such as oil, silver, and gold.
• Stock CFDs: Trade CFDs on 1500+ equities, going either long or short. Trade execution is ultra fast, and you can get leverage of up to 1:10. Commission starts at an incredible low of 0.08%.
• ETF CFDs: You can choose from 60 ETF CFDs at XTB. Enjoy ultra fast trade execution, leverage of up to 1:10, negative balance protection, and opportunities to diversify your trading portfolio.
• Cryptocurrencies: Trade cryptocurrencies such as Ripple, Ethereum, Dash, Litecoin, Bitcoin, and others. Since this market is open 24/7, you can trade even at weekends.

Types of Accounts at XTB

You can open the following types of accounts at XTB depending on your requirements, preferences, trading styles, and personal circumstances.

Standard Accounts

Here are the basic features of standard accounts at XTB:

• Minimum spread is 0.35
• Maximum leverage is 1:500
• Minimal order is 0.01
• Zero commission on Forex, commodity, cryptocurrency, and index trading
• Commission of 0.08% per lot for ETF CFDs and stock CFDs

Pro Account

Here are the basic features of pro accounts:

• Minimum spread 0.28
• Minimum order is 0.01 lot
• Commission on Forex, index, and commodity trading is $3.50 per lot
• Commission on ETF CFDs and Stock CFDs is 0.08% per lot
• Commission on cryptocurrency trading is $3.50

Islamic Accounts

The basic features of Islamic accounts are as follows:

• Minimum spread 0.28
• Minimum order 0.01
• Commission on Forex, commodities, and index trading is $10 per lot
• Commission on ETF CFDs and Stock CFDs is $10 per lot
• Swap free account

XTB Trading Platforms

XTB has designed its award-winning trading platforms to deliver results. You can use these platforms to trade from any device, including mobile devices.

XStation 5

This platform gives you access to 4000+ instruments, including CFDs for cryptocurrencies, stocks, ETFs, commodities, indices, and currency pairs from different parts of the world. You can trade on the move, enjoying the platform’s intuitive and simple interface.

If you prefer trading on the move, you can download the brand new xStation mobile app for Android as well as iOS. You can also access xStation Mobile on smart watches and tablets.

If you prefer trading on your desktop, you can use XTB’s Web Trader Platform. It is simple, intuitive, and client friendly and gives access to advanced tools for advanced traders. You can use this platform on any browser, including Opera, Safari, Firefox, and Chrome. Versions of this platform are available for 64b, 32b, and Mac.

MetaTrader 4

MT 4 is popular mostly because of its simplicity. It has a wide range of inbuilt analytical tools and is associated with a dynamic community of traders who share ideas and strategies.

Learn to Trade at XTB

XTB not only provides you a platform for online trading, but also teaches you how to trade. When you sign up at XTB, you become part of a huge Trading Academy, which offers plenty of trading courses at the basic, intermediate, expert, and premium levels.

• Basic: The basic courses introduce you to Forex market and familiarize you with various types of instruments, basic trading techniques, and various trading platforms.
• Intermediate: The intermediate courses give you a deeper understanding of online trading. At this level, you get to learn about technical and fundamental analysis. XTB also teaches intermediates how to establish control over their emotions and manage their risks.
• Expert: Experts get to learn about advantaged trading techniques and the use of tools that help make better trading decisions. At the expert level, you can master the advanced functions of XTB’s trading platforms and explore expert knowledge on trading.
• Premium: At the premium level, you can obtain tools, tips, and advise from expert traders at XTB. The Forex broker’s premium educational content provides in-depth information about advanced trading strategies and techniques.

The Trading Academy includes not only online courses, but also articles and video tutorials. You just have to browse the course list by subject or level to get the knowledge you are looking for.

If you are thirsting for more knowledge and information, you can check out features such as market news, market calendar, price tables, and the comprehensive Knowledge Base (KB) with its FAQ section.

XTB Banking Information

You can load your XTB account safely, securely, and quickly through the Client Office. The FX broker requires your first deposit to be at least $250. Your subsequent deposits can be smaller. You can load your online trading account using credit/debit cards, PayPal, Neteller, PaySafeCard, and Bank Transfer.

You can easily, safely, and securely withdraw your profits from your trading account. To do so, you have to navigate to the Client Office and click “Withdraw.” The Client Office allows you to efficiently withdraw funds and manage your deposits and withdrawals even if you have multiple trading accounts.

You can rest assured that your funds are safe and protected at XTB. This is because XTB Limited, the parent company of XTB, is licensed by UK’s Financial Conduct Authority (FCA), which requires the company to maintain client funds in separate bank accounts and never mix them with the company’s own funds. Further, you enjoy the protection of the Financial Services Compensation Scheme (FSCS) for up to £50,000 in case the company goes bankrupt.

Customer Support at XTB

There are plenty of ways to get help and information at XTB. We have listed some of them here:

• Visit the Knowledge Base: You will find plenty of information about XTB and how it works at the knowledge base. Type questions and keywords in the search bar to find specific information. Or browse the comprehensive FAQs to find answers to your questions. You can also check the trading glossary to find meanings of commonly used trading terms.

Use the following methods to connect with a customer support agent at XTB:

• Visit XTB: You can visit the offices of XTB at 35 Barrack Road, 3rd Floor, Belize City, Belize, C.A.
• Email: Send an email to sales_int@XTB.
• Telephone: If you need help with opening an account, call the number +35725725356. If you want customer support, call the number +48222739976. Telephonic customer support is available 24/5 at XTB.
• Live Support: Click on the green-and-white icon at the bottom right of XTB to open the live chat button. Fill your details and check the boxes to give your consent to receive emails from XTB and for the processing of your personal information for marketing purposes by XTB before clicking on “Send” to start chatting with a customer support agent.

For country-specific customer support, navigate to XTB’s contact page and click on your country of residence from the list of countries displayed.

XTB FAQs

Here is a list of some commonly asked questions at XTB:

Which trading platforms are supported by XTB?

xStation 5, xStation Mobile.

What is the minimum deposit required to open an account with XTB?

0 USD.

What is the difference between Standard and Pro accounts at XTB?

The spread depends on the markets you trade and the type of account you open at XTB. Standard accounts are operated with floating spreads, indicating that the spreads widen or tighten according to the available liquidity. Pro accounts are operated with market execution as well as floating spreads, indicating that pro account holders have to pay commission for market-level spreads. XTB advises its traders to choose an account type depending on their expertise, experience, and trading styles. The minimum spread on standard accounts is 0.9 pips and the minimum spread on pro accounts is 0 pips.

What is the cost of trading on the XTB trading platform?

You pay zero commission on trades placed on standard or basic accounts as the trading costs are incorporated into the spread. You pay a commission depending on your base currency on trades placed on pro accounts. When you trade on margin, you may have to pay overnight charges, called swap, depending on your exposure. Swap is the fee you pay for rolling trade positions to the following day. Making deposits in EUR or GBP via credit/debit cards is free of cost at XTB. However, you have to pay nominal fees for making deposits through Neteller, PayPal, and others in other currencies. XTB is known for its transparent pricing models; so you won't have to face any hidden costs.

Is my data safe at XTB?

Your data is safe at XTB as it is secured by Secure Socket Layer (SSL) digital encryption technology. Moreover, XTB is a licensed, regulated, and authorized CFD broker.

How long does it take to open an account at XTB?

It takes just a few minutes to complete the online registration form and submit your details to the Forex broker. But it may take longer for you to verify your account. To do so, you have to navigate to the Client Office and upload copies of documents such as bank statement, utility bills, tax statements/bills, and phone bills. The easiest way to do so is to login to your Client Office on a mobile device, take photos of your identification documents, and upload them.

How can I access the MQL4 community?

MQL4 enables traders to share and download scripts, signals, and technical analysis tools. It provides a platform on which traders can meet, interact, and share trading ideas and strategies. You can become a part of this lively community by visiting www.mql4.com.

Should You Sign Up at XTB?

XTB.com is one of the top providers of CFD & FX trading services in the world. It applies sophisticated technology to help you make the most of your trading activities.

We have compiled the following reasons to sign up at XTB:

• XTB has won the Best Trading Platform 2016 from the Online Personal Wealth Awards.
• You can enjoy a fully transparent trading experience at the broker. Rest assured that there are no hidden costs to shock you.
• The Forex broker executes trade orders at high speeds.
• Enjoy leverage of up to 500:1.
• Trade 1500+ markets including shares, commodities, FX, and indices.
• Earn rewards for being an active trader at XTB.
• You can trade from desktops, laptops, and mobile devices.
• XTB is one of the biggest brokers in Europe.
• Get the benefits of advanced technical analysis tools that include free market commentary.
• Get the best trading education at XTB.

Our team could not find anything to complain about at XTB. The only problem appears to be that you have to make a high first deposit of $250, but that is only for the first time. Also, we would have appreciated a larger number of trading tools.

Get started with the demo account and start trading for real only when you have gained the required expertise, education, and experience.

XTB Alternatives

	Minimum Deposit	Deposit Bonus	No Deposit Bonus	Islamic Accounts
Binary.com	$10	20-100%	$20	Yes
Olymp Trade	$10	50-100%	No	Yes