HomeForexXTB Review - 2023

XTB Review – 2023


XTB is an online CFD brokerage firm that provides services. They provide access to over 2,000 different instruments through their in-house developed platform known as xStation 5. Traders have the ability to speculate on indices, equities, commodities, and foreign exchange. We investigate the trading spreads offered by the 2023 XTB broker in addition to other aspects such as demo account services, mobile application support, and customer service. Check out our assessment of live trading accounts to see whether you qualify for one of these positions.

Details about the company

In 2002, the Stock Exchange developed XTB as a trading platform. The corporation has operations in a total of thirteen countries, some of which include Germany, France, Poland, Germany, and Germany. Throughout the course of the previous two decades, there have been 495 000 new accounts established. Retail traders get quick and unrestricted access to hundreds of marketplaces across the world thanks to XTB.

XTB and its analytical team have earned a strong reputation for both the transparency of their operations and the speed with which they are carried out. They have been recognised with a number of important awards for the quality of their work in both service and research. XTB was also given the honour of holding the number one place in the EMEA Bloomberg rankings for FX accuracy for the second and third quarters of 2020.

The corporation is subject to regulation from both the Cyprus Securities and Exchange Commission as well as the United Kingdom’s Financial Conduct Authority.

Trading Platform

In 2002, the Stock Exchange developed XTB as a trading platform. The corporation has operations in a total of thirteen countries, some of which include Germany, France, Poland, Germany, and Germany. Throughout the course of the previous two decades, there have been 495 000 new accounts established. Retail traders get quick and unrestricted access to hundreds of marketplaces across the world thanks to XTB.

xStation 5 by XTB, XTB’s in-house trading platform, is an excellent piece of software.

xStation 5, which was awarded the title of “Best Trading Platform 2016” by the Internet Personal Wealth Awards, offers immediate execution at a speed of 85 milliseconds on average and does not give requotes.

It also contains a free audio commentary on the market, which you can use with other brokers, as well as a sophisticated trading calculator, which rapidly calculates all elements for your transaction. You may use both of these features with any broker you want.

A video training segment featuring a stock screener, sentiment maps, and real-time performance numbers that break down your trading activity are also included in this product. This will assist you in determining the areas in which you excel as a trader.

xStation 5 is compatible with desktop computers, tablets, and mobile phones. It is important to note that traders of all experience levels can utilise the platform.

5-inch xStation

xStation 5

Web Trader

Traders are able to utilise xStation 5 through the web thanks to a platform called Web Trade. It is compatible with Chrome, Firefox, Safari, and Opera, and downloads are not required to use it in any of those browsers. The system is compatible with a broad range of computers and operating systems, including Windows and Mac.

Please be advised that beginning in 2022, XTB trading accounts will no longer be able to be established on the MT4 platform.

Assets & Markets

XTB is comprised of over 2,100 different instruments and spans six distinct genres.

57 different currency pairings may be traded on Forex. They consist of all of the major currency pairs, in addition to several smaller ones and exotic ones.

Shares:XTB makes Contracts for Difference (CFD) trading available in more than 1,500 different shares of publicly traded US firms.

Charts and graphs This platform includes more than 20 indicators from countries all over the world, such as China, the United States of America, Germany, and China.

  • ETFs There are no restrictions placed on traders who wish to speculate in any of the 1,850 global stock CFDs.

Various Goods and Commodities Acquire well-known commodities including gold, silver, wheat, oil, and butter, in addition to coffee, aluminium, nickel, and platinum.

Cryptocurrencies are digital assets denominated in a cryptographic medium, examples of which include Bitcoin, Litecoin, and Ripple. Only traders from the UK

The news that the online brokerage does not provide trading in options or futures came as a surprise to our team of industry professionals.

Spreads & Fees

In general, XTB is able to provide all customers with pricing that are competitive.

On February 20, 2022, XTB began offering traders with Standard accounts the ability to trade with no commission. There were costs associated with spreads.

While using Pro accounts, there is a fee associated with placing transactions. This will change based on the currency that is used as the basis.

Trades executed on margin are subject to overnight swap costs, which are calculated depending on the total exposure.

Opening an account is simple and there are no fees associated with keeping it active.

A currency translation fee of 0.5% will be assessed for any trades that include instruments denominated in a currency that is not the one associated with the account.

Types Of XTB Account

XTB offers three different account tiers: Basic, Standard, and Pro.

Create an XTB Basic Account completely free of charge. Spreads begin at around 0.35 basis points, the minimum order size is 0.1 tonnes, and the maximum leverage is 1:30. Trading may take place without paying any commissions using either the Basic or Premium account types. Support is also provided via automated trading. You have the ability to make a request for an Islamic account.

The available alternatives for accounts vary depending on nation. If you want more information about what’s offered in your region, please check out the official website.


Traders have the ability to submit an application for a living account online.

XTB is required to finish the mandatory procedure of ‘KYC,’ which stands for ‘know your customer,’ as well as protection from money laundering through checks that are meant for traders to make them feel more safe.

At the very top of the page is a green button labelled “Create an Account.” Click on that icon. Customers will be questioned about their personal information, which may include their name, phone number, and national insurance numbers.

Following that, you will be able to choose the language that you want to use as well as the trading platform that you want to use (Basic, Standard, or Pro).

The very last thing we have to do is check that you are genuine. An individual’s identification and proofs of address can be validated using any one of the following options:

Identity cards, driver’s licences, and passports are the three most important documents.

Traders have the option of proving their identification by uploading a copy of a document from their mobile device. The copy must be in pristine condition and up to date at all times.

Clients will be able to log in and begin trading as soon as the necessary documentation has been processed.

Mobile App

Traders can place orders using XTB’s mobile applications straight from their cellphones. This functionality is available to them.

Via a mobile platform that has been thoroughly perfected for use, customers have access to more than 1,500 financial markets throughout the world. Mobile trading makes available a variety of important features, including account management and charting, which are required for real-time transactions.

Tablets are supported on Android, Windows, iOS, and Android operating systems respectively. You may get the XTB app for your smartphone from whatever application store is most convenient for you.


Credit and debit cards (Visa, Mastercard, and Maestro), electronic wallets (Skrill and Paysafe), and wire transfers are all acceptable payment methods at XTB Brokers. Nevertheless, only in the territory where the account is physically located. The majority of payments may be processed instantly.

XTB does NOT impose any deposit fees. There is a 2% supplementary charge when using Paysafe. Customers who transfer money in a currency other than their account’s default currency may be subject to fees associated with the exchange rate.

The following currencies are accepted: Euros, US Dollars, British Pounds, and Hungarian Forints.


Withdrawals can be completed on the same day if the request is received before the GMT noontime cutoff time. If the request was sent in after 1 pm GMT, it won’t be processed until the morning of the following business day at the earliest. This is applicable to withdrawals made in GBP, EUR, HUF, and local currency.

Your withdrawals will be deposited into the bank account that you have designated. You will be required to provide documents.

The vast majority of cash withdrawals will be free. A nominal fee could be imposed on the withdrawal of a comparatively insignificant sum. Visit the official site for a comprehensive list, which can be found here.

XTB Leverage

Customers have the ability to make use of their assets depending on the region and the local legislation.

Residents in the UK have the opportunity to sign up with XTB Limited UK. Entities that are governed by the FCA are restricted to a maximum leverage of 1:30.

A leverage of up to 1:30 has been granted to EU citizens under CySEC law. Residents of countries outside the EU have more leeway. The leverage may go up to 1,500.

Demo Account

A free demo account may be obtained from XTB.

The account can be used for a total of two months. It comes with a virtual cash balance of 100,000. Customers have access to more than 2,100 different CFD markets, which include indices, equities, commodities, and currencies.

Assistance is accessible 24 hours a day, seven days a week, from Sunday through Friday.

Demo Trading

Regulation & Reputation

XTB subsidiary companies are subject to the regulation of a number of different financial authorities.

XTB UK is regulated by the Financial Conduct Authority, which holds licence number 522157. CySEC is responsible for XTB Europe regulation, which holds licence number 169/12. XTB International is regulated by the Belize International Financial Services Commission, which holds licence number IFSC/60/413/TS/19. X Trade Brokers DM SA is licenced under DDM–M-4021-57-1/2005 by the Polish Securities and Exchange Commission and supervised by Komisja Nadzoru Fin

The Dubai Financial Services Authority has bestowed to XTB MENA the status of category-3A licensee.

According to the requirements of the firm, customer money must be kept separate from corporate money at all times. In the event that a trader declares bankruptcy, their assets, up to the maximum amount allowed by the Financial Services Compensation Program (FSCS), are protected.

Education Resources

For the convenience of its customers, XTB provides a wide variety of educational resources, many of which are provided at no additional cost.

Articles, training videos, and tools for live webinars were found by our team’s professionals after searching internet. There is also a free trading book available for people who are just getting started.

In addition to it, there is something called the “Trade Academy.” The online school is divided into many primary divisions, the most prominent of which are Beginner, Intermediate, and Advanced. Premium is intended for more experienced students. The intermediate level discusses themes that range from the fundamental to the technical.

Also, XTB has collaborated with Jose Mourinho to offer advice on how to deal with stress and how to approach the financial markets.

Alerts for trading

Customers have the option to sign up to get trade notifications from a seasoned professional on their mobile devices. During the first week of the calendar week, the service is provided at no cost. Following that, there will be an extra charge added to your total.

WhatsApp makes it possible to rapidly exchange notifications and includes the latest breaking news as well as information on significant technological levels.

Moreover, XTB hosts frequent Trading Clubs in its London headquarters in Canary Wharf. These events take place on a weekly basis. This is an excellent chance to talk business with people from various trading companies. These clubs incorporate live market research and various strategies in addition to open debate as one of its components.

Customer Support

You may reach experienced members of our customer care team via phone, email, chat, or livechat 24 hours a day, five days a week. In addition, clients each have an account manager who is there to assist them with any issues that pertain to their accounts.

These language families provide support for:

English Czech French German Hungarian Italian Portuguese Polish Russian Romanian Spanish Slovak Turkish Vietnamese Thai Arabic English Czech French German Hungary Italian Portuguese Polish Russian Romanian Spanish Slovak Slovak Turkish Vietnamese Thai Arabic

The use of XTB is prohibited in the United States on account of the applicable restrictions.


According to the findings of our financial specialists, XTB is a highly helpful online broker.

Worldwide Presence Cashback Rebates Free Demo Account 2,100+ Instruments Mobile Trade Alerts Micro Lot Trading Spreads Beginning at 0.01 pips Customizable Account Options

Professional investing account 1:500 leverage to global traders No minimum deposit requirements A set of helpful educational materials FCA-, KNF-, CySEC-, and IFSC-regulated We are available for customer support 24 hours, Monday through Friday Award-winning; “Best Forex broker Award,” best trading platform, online personal wealth management We are available for customer support 24 hours, Monday through Friday Award-winning; “Best Forex broker Award,” online personal wealth management


On the other hand, creating a real XTB X account could come with a few stipulations and limitations.

Only clients from the United States are accepted, and the number of CFDs and instruments in the portfolio is restricted.

Safety & Security

XTB protects its customers’ cash with a variety of different safeguards.

Unencrypted Connections XTB services and all mobile applications can be linked to each other utilising encrypted connections. The only method to get access is by using a code, a fingerprint, a password, or a login. Access Authorization XTB services and all mobile apps require access authorization.

High-tech network infrastructure; only after numerous verifications of identification are key changes allowed to be made; Multifactor Authentication, in which only then may key changes be done; XTB is continuously working to strengthen the infrastructure of its customers and adopting new technologies to do so in order to assure their safety and security.

The operations of XTB are furthermore subject to international regulation by a number of the most authoritative organisations.

XTB Verdict

Access to a variety of international marketplaces is provided via XTB. The xStation, a terminal that has been patented, has been recognised with many accolades. There is a wide range of account choices available, and spreads are often competitive.

If you are a trader situated anywhere in the EU or the UK, XTB could be an excellent option for you to consider. Customers located in the United States are unable to use these services.

Accepted Countries

Traders hailing from Thailand will be welcomed on XTB.

Merchandisers from the United States of America and Canada It is not possible to use XTB in Australia, Japan, Slovakia, or Singapore.


Is XTB regulated

Indeed, the Financial Conduct Authority in the United Kingdom regulates XTB Ltd. In Cyprus, XTB Ltd. is subject to oversight by the CySEC. The brokerage is subject to regulation from a number of other important agencies as well. Please see our full xtb review.

What is the minimum deposit at XTB

XTB doesn’t need a minimum amount of deposit. It does not cost anything to open an account. This makes it appealing to inexperienced traders, who may use it to speculate on stock prices or currency exchange rates.

Who is one of the main competitors of XTB?

EXANTE is a worldwide broker that gives clients access to the financial markets by providing trading and investing solutions that are centred on the needs of the client. Address: 28 October Ave 365, Limassol 3107, Cyprus

What Is xStation 5 At XTB Software?

Traders with accounts with XTB have access to a trading platform known as xStation 5. XTB created xStation 5 so that it could be accessed both online and through an application on mobile devices (xStation Mobile). It is dependable in addition to being user-friendly for novices.

Who are XTrade?

XTrade Brokers is what XTB stands for in its entire form. The year 2022 marks the beginning of the company’s operation. The company is presently working with close to 500,000 customers.

Is XTB a Facebook Fan Page?

Indeed, XTB has its own fan page on Facebook. Search for XTB on Facebook to locate the page for your local chapter of XTB. The brokerage firm is also present on many social media platforms, including Instagram and LinkedIn, among others.

Are XTrade Brokers a Polish Business?

The Warsaw Stock Exchange includes X Trading brokers among its constituents. The Polish Financial Supervision Authority is the entity that receives reports from this firm. The corporation has many companies that it uses to conduct business throughout the world. The complete history of the company is exposed by our in-depth research.

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