Yes, our review of XTB found that the broker has licenses from not one, but four different regulatory organizations. Namely, IFSC, CySEC, the UK’s FCA, and KNF. These licenses, both individually and collectively, ensure that XTB operates responsibly and fairly at all times.

No, the trading terms and conditions offered at XTB certainly don’t indicate that XTB is a scam. If you take a look at what other trustworthy brokers offer, you’ll see that XTB meets and even exceeds these standards. The broker has proper licensing materials, profitable trading conditions, and various tools to conduct accurate technical and fundamental analysis. By providing you with all of these features, it’s pretty clear that XTB is definitely not a scam.

Accepts traders from Malta

92.8

Points

Overall

Points

Commissions & Fees

Points

Licensing & Safety

Points

Platforms & Tools

Each broker we review is judged on the same 10 key areas. We include different instruments and holding positions overnight. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. We look for specific features such as customizability and trading signals.

1,800+Number of instruments

Open Account

140,000+ Traders

Regulated by

FCA

CySec

IFSC

Overview
Fees and commissions
Safety
Opening an account
Account types
Trading Platforms
Markets and products
Research tools
Education and training
Customer support
Our verdict

XTB review

Q: What is the minimum deposit at XTB?

XTB does not insist on a minimum deposit amount for opening an account in most jurisdictions. Do note, however, that if you are trading with XTB from the UK, you will need to make an initial deposit of £250. Overall, and when compared to other brokers , these requirements (or lack thereof) make XTB very accessible to all types of traders.

Q: Does XTB charge commission?

Yes, XTB does charge small commission fees but only on certain instruments. Wherever it’s possible, XTB tries to eliminate both in-trading and non-trading fees. For the Standard account, for instance, there are no commissions for forex, indices, commodities, and cryptocurrencies. For stock and ETF contracts. however, commissions start at 0.08% per lot.

Q: What XTB account types are there?

There are two regular accounts at XTB: Standard and Pro, plus an Islamic account. With these accounts, you can trade all of the available instruments and benefit from an array of research tools and educational materials. On top of that, you can also choose a demo account if you want to practice your trading skills.

4 January 2021 - Kate Leaman

In our trustworthy review, we take a closer look at XTB, an international brokerage established in 2002. XTB holds licenses from four regulatory agencies, including the IFSC, FCA, KNF, and CySEC, and has gained a positive reputation during its 15+ years of existence. As well as a sparkling background, XTB offers you 1,800+ instruments and lightning-fast execution, among other benefits.

1,800+ tradable assets
Fast market executions
Licensed by the IFSC, FCA, KNF, and CySEC
Best broker for cross-market trading
Lack of research tools

XTB overall scores

In this review, you can find all the information you need to decide whether XTB is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how XTB scored in each of our high-priority categories.

Commissions & Fees

95 Points

Payments

92 Points

Licensing & Safety

98 Points

Customer Service

93 Points

Trading Platforms & Tools

89 Points

Education

90 Points