XTB Review
Overall Rating
4.7 / 5
Fees
4.6 / 5
Safety
4.7 / 5
Platforms
4.0 / 5
Education
4.4 / 5
Min. deposit
$0
XTB — At a Glance
- Regulation
- FCA (United Kingdom), KNF (Poland), DFSA (United Arab Emirates), FSCA (South Africa), CNMV (Spain), FSC (Belize)
- Broker Type
- STP, Market Maker
- Minimum Deposit
- $0
- Payment Methods
- Bank Transfer, Debit Cards, Credit Cards, Paypal, Skrill, Neteller, EcommPay, PayU
- Account Currencies
- EUR, USD, GBP, HUF, PLN
- Assets Offered
- Forex, CFDs, Stocks, ETFs
- Trading Platforms
- xStation Mobile App, xStation Web Platform, xStation Desktop Platform
- Demo Account
- Yes
- 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
- Swap Free Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- No
- Social / Copy Trading
- Yes
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- No
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- No
- Bonuses
- No
- Contests
- 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
- Languages
- English, Spanish, Greek, Mandarin, Chinese, Polish
- Customer Support
- Live Chat, Email, Telephone
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.