FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
XTB logo

XTB Review

Key Facts

Regulation
FCA · KNF · DFSA+3 more
Broker Type
STP, Market Maker
Min. Deposit
$0
Platforms
xStation Mobile App, xStation Web Platform, xStation Desktop Platform
Fees
Low
Max Leverage
1:400 (UK/ EU), 1:30 (International)
Demo Account
Yes

Our Ratings

4.7
out of 5
Safety & Regulation4.7
Fees & Costs4.6
Platforms & Execution4.0
Education4.4

76% of retail FX and CFD accounts lose money.

Pros & Cons

Pros

  • +Strong regulatory over oversight.
  • +Established in 2004 with a strong and proven track record.
  • +Publicly listed on the Warsaw Stock Exchange.
  • +Trusted broker with millions of users globally.
  • +Segregated client funds.
  • +Wide range of global market access through CFDs.
  • +No minimum deposit.
  • +Fast and simple account setup process.
  • +Free demo account available.
  • +Islamic swap-free accounts available.
  • +Negative balance protection.
  • +Multiple fast and secure payment methods.
  • +Multiple account currency options.
  • +Low forex trading fees.
  • +Advanced and user-friendly platform (xStation), available in mobile, web, and desktop proprietary platforms.
  • +High leverage trading capability.
  • +No restrictions on trading strategies.
  • +Interest paid on unused cash.
  • +Solid educational content for beginners.
  • +Great customer support service.

Cons

  • No TradingView, MetaTrader, or cTrader integration.
  • Limited advanced tools for advanced traders.
  • High conversion fee.
  • An inactivity fee after a year of account inactivity.
  • No integrated social, copy, and PAMM trading features.
  • No OCO order type.
  • Limited support for algorithmic trading.

XTB - At a Glance

Trading Conditions

Broker Type
STP, Market Maker
Minimum Deposit
$0
Maximum Leverage
1:400 (UK/ EU), 1:30 (International)
Spread Type
Variable
Spread From
0.8 pips
Commission
No commission
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
50
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs, Stocks, ETFs

Account Types

Demo Account
Yes
Swap Free Account
Yes
Managed Account
No
PAMM / MAM Trading
No
Joint Account
No
Social / Copy Trading
Yes
Bonuses
No
Contests
Yes

Platforms & Tools

Trading Platforms
xStation Mobile App, xStation Web Platform, xStation Desktop Platform
One Click Trading
Yes
OCO Orders
No
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
No

Company

Regulation
FCA (United Kingdom), KNF (Poland), DFSA (United Arab Emirates), FSCA (South Africa), CNMV (Spain), FSC (Belize)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
ul. Prosta 67, 00-838 Warsaw, Poland.
International Offices
United Kingdom, Slovakia, Spain, Italy, Romania, Germany, Cyprus, Belize, United Arab Emirates, France, Portugal, Czech Republic
Payment Methods
Bank Transfer, Debit Cards, Credit Cards, Paypal, Skrill, Neteller, EcommPay, PayU
Account Currencies
EUR, USD, GBP, HUF, PLN
Languages
English, Spanish, Greek, Mandarin, Chinese, Polish
Customer Support
Live Chat, Email, Telephone

76% of retail FX and CFD accounts lose money.