Leverage: 1:30
Min. Deposit: no minimum deposit
Platforms: MT4, xStation 5
Regulation: FCA, KNF, FSC, CNMV
HQ: UK
Found in: 2002
XTB Licenses:
- XTB Limited – authorized by FCA (UK) registration no. 522157
- XTB Limited – authorized by KNF (Poland)
- XTB International Limited (XTB) – authorized by FSC (Belize) License No.: 000302/46
- XTB Sucursal – authorized by CNMV (Spain)
Our Review Method:
- 55Brokers Financial Experts with over 10 years experience in Forex Trading check trading offerings, fees, platforms, verified regulations, contacted customer service and placed traders to see trading conditions and give expert opinion about XTB
What is XTB?
XTB is a trusted UK and European market-leading brokerage providing online trade solutions, through its headquarters in Poland and London (UK). XTB broker was actually the first firm that introduced forex trading in Poland, and now became 4th listed largest stock exchange company.
XTB was first established in Poland, in 2002, it is Poland’s one of the first leveraged foreign exchange brokerage companies. In 2004 it became compliant with new regulations and rebranded to its current incarnation: XTB Online Trading (XTB). The company went public on the Warsaw Stock Exchange under the ticker symbol “XTB” back in 2009.
Capital.com Pros and Cons
XTB is a reliable broker with good regulation and also is one of the best Poland Forex Brokers. Operating for many years XTB provides good conditions for beginners and professional traders, with low costs and excellent support, including learning and research materials. XTB both the web platform and mobile app are packed with tools and are good for CFDs trading or day trading.
On the other hand, XTB doesn’t provide 24/7 support and conditions may vary according to entity rules. Also, we noticed that MetaTrader 4 (MT4) is no longer promoted at XTB’s U.K., Poland, and Cyprus branches.
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Advantages
Disadvantages
- Long years of operation
- Globally recognized and multiple awarded broker
- Standard and professional trading conditions
- Good costs and commissions
- Excellent support, learning and research tools
- Listed on Stock Exchange
- Client account protection
- Conditions vary according to regulation and entity
- No 24/7 support
- MT4 is not available in certain regions
XTB Review Summary in 10 Points
| Headquarters | Poland, the UK, Belize, France, etc. |
| Regulation | FCA, KNF, FSC, CNMV |
| Platforms | MT4, xStation5 |
| Instruments | Over 1500 global markets Forex, Indices, Commodities, Crypto, Equity CFD, ETFs |
| EUR/USD Spread | 0.8 pips |
| Demo Account | Available |
| Minimum Deposit | No |
| Base Currencies | USD, EUR, GBP |
| Education | Provided via Trading Academy |
| Customer Support | 24/5 |
Overall XTB Ranking
Based on our Expert finds and reviews, XTB is considered a good broker with quality service and trading conditions, that are suitable for beginners or experienced traders. The broker is highly regulated holding multiple licenses across the globe.
We also noticed the broker offering competitively lowest spreads. with no or little transaction fees. Another advantage is that it has no minimum deposit requirements meaning traders can start trading with deposits as low as $1. The only disadvantage is the lack of MT4 for some jurisdictions and no 24/7 support.
- XTB Overall Ranking is 9 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
| Ranking | XTB | Pepperstone | XM |
|---|---|---|---|
| Our Ranking |  | | |
| Advantages | Low Spreads | Platforms | Education |
XTB Alternative Brokers
However, XTB’s instrument offering is mainly limited to Forex and CFDs, also the international entity that provides different trading conditions and a range of instruments and platforms. Despite the good conditions, low spreads, and quality education, we recommend you consider our selection of Alternative Brokers below:
- Dukascopy – Excellent for Shares, Futures Trading
- AvaTrade – Good Instrument and CopyTrading
- InteractiveBrokers – Good for US Trading and Trading of Real Stocks
Is XTB Safe or Scam?
No, XTB is not a scam, being a European established brokerage accordingly follows and holds necessary registrations and regulations including top tier FCA license, considered a low-risk trading broker.
