Profile
XTB is a global CFD and forex broker regulated in multiple jurisdictions, known for its proprietary xStation platform, transparent pricing, and robust investor protection. With offices across Europe, Latin America, and Asia, XTB offers multi-asset access, strong regulatory oversight, and advanced tools for both retail and professional traders. This XTB review covers regulation, execution model, platform features, asset range, and client protections.
Regulation and Security
XTB operates under several regulatory entities:
- XTB S.A. – Regulated by the Polish Financial Supervision Authority (KNF)
- XTB Limited – Regulated by the UK’s FCA (FRN: 522157)
- XTB International Ltd – Regulated by the IFSC Belize (No. IFSC/60/413/TS/19)
- XTB MENA – Regulated by the DFSA Dubai (F006316)
European clients benefit from investor compensation schemes, segregated accounts, and negative balance protection. Offshore entities offer more flexible leverage but with lower regulatory guarantees.
Execution Model
XTB uses a market execution model without a dealing desk (NDD). Client orders are matched internally or routed to external liquidity providers, depending on asset type and execution logic. There are no requotes and minimal slippage under normal market conditions.
Trading Platforms
XTB’s flagship platform is xStation 5, a proprietary web, desktop, and mobile terminal offering:
- Advanced charting with 30+ indicators
- Integrated sentiment analysis and news feeds
- Stock screener, performance analytics, and trader statistics
- Economic calendar and trading calculator
MT4 is offered in some regions, but xStation is the primary platform and is constantly developed in-house.
Supported Markets
XTB offers access to over 2,100+ instruments via CFDs:
- Forex – 50+ currency pairs including majors, minors, and exotics
- Indices – Global cash and futures indices
- Commodities – Energies, metals, and softs
- Equities – 1,800+ global stock CFDs (US, UK, EU)
- ETFs – Over 150 ETF CFDs
- Cryptocurrencies – BTC, ETH, SOL, LTC and more
Some regional branches also offer real stock trading (not CFDs), particularly in the EU.
Account Types and Trading Conditions
XTB uses a unified account structure in most regions. Key conditions include:
- Minimum deposit: None (recommended €250 or equivalent)
- Spreads: From 0.1 pips on major forex pairs
- Leverage: Up to 1:30 (EU/UK), up to 1:500 (offshore)
- Commission: Zero on most assets; commission applies to stock CFDs (from 0.08%)
Islamic accounts are not available. All accounts are eligible for advanced platform features and education tools.
Retail and Institutional Features
XTB primarily targets retail traders but offers features suitable for professionals, including:
- Advanced risk management tools
- API connectivity on request (xAPI)
- Dedicated account managers
- Access to real stock investing in some regions
No FIX API or white-label solution is offered, making XTB less suitable for institutional brokers or quant desks.
Client Protection and Transparency
XTB provides high-level client protection under European regulations:
- Negative balance protection
- Segregated client funds in Tier 1 banks
- Investor compensation scheme (up to €20,000 under KNF or £85,000 under FCA)
- Real-time trade confirmation and order transparency
Financials of XTB S.A. are publicly listed, adding an extra layer of transparency.
Base Currencies, Order Types, and API Access
Supported base currencies include USD, EUR, GBP, PLN, and HUF. xStation supports:
- Market, limit, stop, stop-loss, and trailing stop orders
- OCO and advanced risk controls
API trading is available via xAPI, but must be requested and is not advertised widely for retail clients.
Pros and Cons
- Pros:
- Regulated in multiple major jurisdictions (FCA, KNF, DFSA)
- Powerful proprietary xStation platform
- Wide CFD asset coverage including real stocks in the EU
- No minimum deposit, competitive spreads
- Listed on Warsaw Stock Exchange, transparent operations
- Cons:
- No MetaTrader 5 or FIX API support
- Islamic accounts not available
- Leverage restricted under EU rules
Frequently Asked Questions
Is XTB a regulated broker?
Yes. XTB is regulated by the FCA (UK), KNF (Poland), DFSA (Dubai), and IFSC (Belize), depending on the entity used.
What platforms does XTB offer?
XTB offers its proprietary xStation 5 platform across desktop, web, and mobile. MT4 is available in select regions.
What instruments can I trade with XTB?
Clients can trade forex, indices, commodities, stocks, ETFs, and cryptocurrencies via CFDs. Real stocks are also available in the EU.
Does XTB charge commissions?
Most forex and index CFD trades are commission-free. Stock and ETF CFDs incur a commission starting from 0.08% per trade.
Is XTB suitable for professional traders?
Yes. While retail-focused, XTB offers xAPI access, tight spreads, and a robust platform that suits advanced and professional traders.
