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XTB Review

  • Regulated by: Financial Conduct Authority
  • Used by: 20,000+ traders
  • Trust Rating: AAA
Open XTB's Website

Losses can exceed deposits. Your capital is at risk.

XTB offer three ways to trade: Forex, CFDs, Social Trading.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, XTB offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 522157). XTB puts all client funds in a segregated bank account and uses tier-1 banks for this. XTB have been established since 2002, and have a head office in UK.

Before we dive into some of the more detailed aspects of XTB’s spreads, fees, platforms and trading features, you may want to open XTB‘s website in a new tab by clicking the button below in order to see the latest information directly from XTB.

Open a demo account Visit XTB

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

PROS

  • Used by 20,000+ traders
  • Established in 2002
  • Regulated by Financial Conduct Authority
  • Min. deposit from $ 1

CONS

What are XTB's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on XTB’s website. The colour bars show how competitive XTB’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

XTB AvaTrade Plus500
Spread from: $2.00 $7.00 $6.00
Typical overnight fee: $7.94 $5.00 $9.40
Commission: 8 0 0
Total cost of a 100k trade: $17.94 $12 $15.4
+$5.94 saving +$2.54 saving
Visit XTB Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • XTB doesn't charge inactivity fees
  • XTB doesn't charge withdrawal fees

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$7.94
  • the roll over fee for short positions on EUR/USD is $2.697

Commissions

  • XTB does charge commission on CFD shares

What instruments can you trade with XTB?

FX / Currencies XTB AvaTrade Plus500
# of forex pairs offered 50 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs XTB AvaTrade Plus500
# of commodities offered 0 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs XTB AvaTrade Plus500
# of Stocks offered 1500 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See XTB's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the XTB trading experience like?

1) Platforms and apps

XTB offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

XTB Screenshot See XTB's Platforms

XTB also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See XTB's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

XTB allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. XTB allow you to execute a maxium trade of 100 Lot.As XTB offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, XTB offer margin up to 0.005% on currencies.

Finally, we‘ve listed some of the popular funding methods that XTB offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • PayPal
  • Payoneer
  • Neteller

3) Client support

XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

XTB have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.xtb.com on November 21, 2017.