The XTB Decision Map
| Decision Question | FxFind Finding |
|---|---|
| Main reason to consider it | One Standard account combines commission-free CFD pricing with floating spreads and access to real stocks and ETFs. |
| Main limitation | Terms and protections depend on the contracting entity. xStation 5 is the current platform, without API trading or automated copy trading. |
| Most natural fit | Beginner and intermediate self-directed investors managing stocks, ETFs, and CFDs. |
| Relevant account/platform setup | Standard account; xStation 5 on web and mobile. The native desktop xStation login was retired on 1 September 2024. |
| FxFind Rating | 9.19/10 |
View the FxFind rating breakdown
| Category | Score |
|---|---|
| Trust and Safety | 9.6 |
| Fees and Commissions | 9.0 |
| Deposits and Withdrawals | 9.0 |
| Tradable Instruments | 8.5 |
| Setup | 9.5 |
| Account Opening | 9.5 |
| Customer Support | 9.0 |
| Trading Conditions | 9.0 |
| Market Research and Education | 9.0 |
XTB combines investment products and CFDs within a single account structure. The main trade-offs are entity-dependent protections, costs that can matter to frequent traders, and platform limitations for users who automate trading.
What stands out
- No minimum initial deposit on the cited account terms.
- Commission-free CFD pricing on the Standard account, with floating spreads.
- Access to real stocks and ETFs as well as CFDs.
What to weigh up
- A 0.5% currency-conversion fee applies to trades in a currency different from the account's base currency.
- xStation 5 does not support API trading or automated copy trading.
- Negative balance protection is generally not offered to clients of XTB International.
XTB by Client Region and Legal Entity
9.6/10
Legal Entities by Client Region
| Client Location / Group | Contracting Entity | Regulator | Licence | What Changes for the Client |
|---|---|---|---|---|
| EU/EEA residents routed to the Cyprus entity | XTB Limited (Cyprus) | CySEC | 169/12 | EU residents are routed to the Cyprus entity; EEA retail and MiFID product rules apply. |
| MENA / clients eligible for the DIFC entity | XTB MENA Limited | DFSA | F006316 | This entity serves eligible MENA/DIFC business; it is not the UK or EEA retail entity. |
| United Kingdom residents | XTB Limited (UK) | FCA | 522157 | UK residents are routed to the FCA-regulated entity, where UK rules, complaint arrangements, and eligible compensation arrangements apply. |
Protection by Entity
XTB segregates client funds from its operational capital. Retail clients under the UK and EU regulated entities receive negative balance protection; it is generally not offered to clients trading through XTB International. Eligible UK clients may have FSCS investment protection up to £85,000 per person, per firm. This is distinct from the £120,000 limit for bank deposits.
Corporate Transparency and Ownership
XTB has been listed on the Warsaw Stock Exchange under the ticker XTB since 2016.
Trading Costs by Account and Instrument
9/10
Representative Trading Costs
| Instrument | Spread Basis | Commission | Important Condition |
|---|---|---|---|
| EUR/USD | Broker-reported average: 0.9 pips | No commission on Standard CFD pricing | Floating spread; the quoted average is not a guaranteed dealing spread. |
| GBP/USD | Broker-reported average: 1.4 pips | No commission on Standard CFD pricing | Floating spread; the quoted average is not a guaranteed dealing spread. |
| Gold (XAU/USD) | Broker-reported average: 0.35 points | No commission on Standard CFD pricing | Floating spread; the quoted average is not a guaranteed dealing spread. |
| S&P 500 CFD | Broker-reported average: 0.6 points | No commission on Standard CFD pricing | Floating spread; the quoted average is not a guaranteed dealing spread. |
Costs Outside the Trade
| Trader Behavior | Possible Cost | Broker Rule |
|---|---|---|
| Holding leveraged CFDs overnight | Overnight swap debit or credit | Applied daily between 23:59 and 00:01 platform time; the amount and direction depend on the instrument and position. |
| Leaving an account inactive | €10 per month, or equivalent | Charged when no position has been opened or closed for 365 days and no cash deposit has been made in the last 90 days. No charge applies with a zero balance; open positions generally exempt the account. XTB ISAs are exempt. |
| Trading an asset in another currency | 0.5% currency-conversion fee | Applied when the asset currency differs from the account's base currency. Transfers between accounts in different currencies cost 0.5% on weekdays and 0.8% on weekends and public holidays. |
| Withdrawing funds | Entity-dependent | UK/EU bank withdrawals generally have no broker fee; international entity terms can differ. |
| Depositing funds | Entity- and method-dependent | The UK entity charges no broker deposit fee for the methods shown below; other entities and payment methods may differ. |
For frequent CFD traders, floating spreads and overnight financing affect the cost of holding positions. Investors buying foreign-currency stocks or ETFs should also factor in conversion charges. Extended periods without trading can trigger the inactivity fee.
Key Trade-Offs to Consider
Commission-Free CFDs, with Costs Built into Floating Spreads
The Standard account charges no commission on CFDs, making the spread a central part of the trading cost. XTB reports average spreads for selected forex pairs and CFDs, but these spreads float. This structure matters most to active traders comparing costs across frequent entries and exits.
Investment Products Alongside Leveraged CFDs
XTB offers real stocks and ETFs as well as CFD exposure, but the distinction affects risk: real shares and physical ETFs are unleveraged, while CFDs have separate margin and financing rules. Investors seeking direct ownership should distinguish those holdings from CFD versions of the same or related markets.
A Proprietary Platform, without API or Automated Copy Trading
xStation 5 is available on web and mobile; its native desktop login was retired in September 2024. XTB does not offer API trading or automated copy trading, so traders who require programmable execution or hands-free portfolio mirroring need another setup.
Build a Trading Setup
9.5/10
Account and Platform Compatibility
| Account | Compatible Platforms | Pricing Model | Automation | Important Constraint | Natural Use Case |
|---|---|---|---|---|---|
| Standard | xStation 5: web and mobile | Floating spreads; commission-free CFD pricing | API trading is unavailable, and automated copy trading is not offered. No programmable strategy engine is verified. | Native desktop xStation login retired on 1 September 2024. | Self-directed trading and investment management through XTB's proprietary platform. |
Platform-Specific Differences
xStation 5 is available through a web browser and mobile application. The native desktop login has been retired, and the current setup does not provide a verified built-in EA- or cBot-style programmable environment.
Practical Setup Assessment
Manual traders can use xStation 5 on web or mobile. The platform includes charting, market sentiment, an economic calendar, and stop-loss and take-profit tools. XTB does not support API trading or automated copy trading; users can follow performance information, but must place positions and risk controls manually.
Trading Conditions and Position Management
9/10
Entering the Market
For Instant orders, allowable price movement is managed through a deviation parameter. XTB permits scalping and news trading, although volatility around announcements can widen spreads and cause slippage. Hedging is allowed; margin for simultaneous positions on the same instrument is calculated using the side with the higher margin requirement.
Leverage
| Market | Maximum Retail Leverage | Professional / Other Eligible Leverage | What Determines It |
|---|---|---|---|
| Forex (71 instruments) | 1:500 | - | International entity; the maximum can fall for larger positions, during volatility or news, or under another legal entity. Margin FX trading; swaps may apply. |
| Indices (26 instruments) | N/A | - | Leverage is product-code specific and shown in the xStation order window and XTB Margin Table; it also depends on the client’s jurisdiction/account limits. |
| Commodities (32 instruments) | N/A | - | Leverage is product-code specific and shown in the xStation order window and XTB Margin Table; it also depends on the client’s jurisdiction/account limits. |
| Stocks (2,541 instruments) | 1:1 | - | Reflects unleveraged real stocks and ETFs. CFD versions, where available, have separate margin rules. |
| Bonds | - | - | Not Offered. |
| Cryptocurrencies (40 instruments) | N/A | - | Leverage is product-code specific and shown in the xStation order window and XTB Margin Table; it also depends on the client’s jurisdiction/account limits. |
| Other (231 instruments) | 1:1 | - | Reflects unleveraged real stocks and ETFs. CFD versions, where available, have separate margin rules. |
The 1:500 forex maximum applies to retail clients using the XTB International entity, not universally across XTB products or jurisdictions. In the UK and EU, retail leverage on major currency pairs is capped at 1:30. Leverage also varies by instrument and account jurisdiction.
Margin Calls and Stop-Outs
XTB's margin call level is 100%, and its stop-out level is 50%. If losses reduce the account's margin level, these thresholds can lead to position closure.
Trading Restrictions
| Trading Activity | Status | Important Conditions |
|---|---|---|
| Scalping | Allowed | Positions may be held for seconds or minutes. |
| Hedging | Allowed | Simultaneous long and short positions on the same instrument are permitted; margin is based on the side with the higher requirement. |
| News trading | Allowed | Spread widening and slippage can occur during volatile announcements. |
| API trading | Not available | XTB does not currently allow API trading. |
| Automated copy trading | Not available | Public portfolio performance can be monitored, but positions must be copied manually. |
Tradable Markets: Range and Restrictions
8.5/10
| Asset Class | Approx. Instruments | What Is Notable | Main Restriction / Gap |
|---|---|---|---|
| Forex | 71 | Margin FX trading; swaps may apply | Maximum can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Indices | 26 | Cash- and futures-referenced index derivatives | Index-CFD contract size, spread, margin/leverage and trading hours are product-specific; check the current XTB Instrument Specification/Margin Table. |
| Commodities | 32 | Spot- and futures-referenced commodity derivatives | Commodity-CFD contract size, spread, margin/leverage and trading hours are product-specific; check the current XTB Instrument Specification/Margin Table. |
| Stocks | 2541 | Unleveraged real stocks/ETFs plus CFDs | The cited ratio reflects unleveraged real stocks/ETFs; CFD versions, where available, have separate margin rules. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Bonds | Not Offered | - | - |
| Cryptocurrencies | 40 | Spot, custody or derivatives depending on region | Cryptocurrency CFDs are leveraged derivatives; availability and exact leverage/margin are jurisdiction- and product-specific. |
| Other | 231 | ETFs, futures, options and other markets | The cited ratio reflects unleveraged real stocks/ETFs; CFD versions, where available, have separate margin rules. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
The range includes both derivatives and unleveraged investment products, so the instrument count alone does not show whether a position represents ownership or a CFD. Product availability and leverage depend on the instrument and the XTB entity serving the account.
Opening, Funding, and Withdrawing From an Account
Account Opening and Verification
XTB requires identity verification for new live accounts. Applicants complete an application and suitability assessment, then provide a valid passport, national identity card, or driving licence, along with recent proof of residence such as a utility bill or bank statement. Service is restricted in numerous countries, including the United States, India, Pakistan, Australia, Japan, and Russia; the full exclusion list is extensive.
The cited account terms have no minimum initial deposit, but positions require enough funds to meet their margin requirements. The stated base currencies are GBP, EUR, and USD.
Deposit Methods
| Method | Deposit Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Mastercard | $0 | UK entity: no broker deposit fee, other entities/payment methods may differ | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Visa | $0 | UK entity: no broker deposit fee, other entities/payment methods may differ | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Wire Transfer | $0 | UK entity: no broker deposit fee, other entities/payment methods may differ | same day to 1 business day | Use the exact beneficiary, bank details and payment reference provided. Intermediary bank fees, currency conversion and processing delays may apply. |
Withdrawal Methods
| Method | Withdrawal Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Bank Transfer | No minimum withdrawal ($0) | Entity-dependent - UK/EU bank withdrawals generally no broker fee, international entity terms can differ | Same business day before 13:00 GMT, otherwise next working day; typically 1–3 working days to arrive | Use an eligible bank account in your name; third-party accounts may be rejected. |
XTB's processing time is separate from bank delivery. Requests received before 13:00 GMT are normally processed that day; later requests are processed on the next working day. Bank arrival typically takes one to three working days.
Deposit methods
Withdrawal methods
Customer Support
9/10
| Route | Access | Hours | Human / Automated | Languages / Conditions |
|---|---|---|---|---|
| Live Chat | Live chat | 24/7 | Human / agent-assisted | English (UK); varies by entity |
| Messages accepted 24/7; typical reply stated as 1–2 business days | Human / agent-assisted | English (UK); asynchronous; varies by entity | ||
| Phone | Phone | Not listed | Human / agent-assisted | Varies by region/entity |
Some customers report difficult-to-resolve withdrawal problems and unanswered messages. These accounts do not establish what an individual customer will experience, but they make follow-up on payment issues worth considering.
Research, Trading Tools, and Education
9/10
| User Need | Available Resources | Provider | Access Requirement | Depth / Limitation |
|---|---|---|---|---|
| Market context and scheduled events | Market Analysis, Market News, Economic Calendar | XTB analyst team; XTB platform | Many market-analysis articles and public news are viewable publicly; integrated platform tools require platform access. Public market-analysis pages also reference calendar events. | Commentary may be qualitative or technical, and coverage and publishing frequency vary. The calendar covers scheduled events but cannot capture unscheduled news or every market-moving event. News coverage and latency vary. |
| Trade ideas and alerts | Trading Signals, including Trade of the Day | XTB analyst team | Current articles are publicly viewable; in-platform alerts or features require platform access. | Signals can expire quickly and are not personalized advice. |
| Stock discovery | Stock Screener | XTB platform | XTB web/mobile platform or account access | Limited by the supported universe, available fundamentals, and refresh frequency. |
| Market breadth at a glance | Market Heatmap | XTB platform | XTB web/mobile platform or account access | Shows relative performance visually; it is not a complete fundamental assessment. |
| Learning fundamentals | Articles, webinars, and video tutorials | XTB | Access conditions are not stated as a single universal rule; availability may vary by account, platform, region or login status. | Coverage, depth and update frequency vary by topic/resource; the material is informational rather than personalised advice. |
Who XTB Fits
| Trader Profile | Why It May Suit Them | Main Reservation |
|---|---|---|
| Self-directed stock and ETF investors | The Standard account includes access to real stocks and ETFs, and the cited account terms have no minimum initial deposit. | Foreign-currency trades can incur a 0.5% conversion fee; real stocks and physical ETFs are unleveraged. |
| Manual CFD traders | Commission-free Standard CFD pricing, floating spreads, and permission to scalp and trade around news support self-directed activity. | Overnight financing applies to leveraged CFDs, and spreads can widen during volatile markets. |
| Traders who rely on automation or copying | Performance information can be monitored and trades mirrored manually. | Automated copy trading and API trading are not available. |
Before you deposit
Key conditions to verify before funding
Tick each check off as you confirm it on the broker’s own site. Your ticks stay in this browser only.
0/ 4 checks confirmed
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01 Contracting entity and protections Read the checkHide the check
Confirm which XTB entity will serve your country. UK, Cyprus, and international accounts do not have identical regulatory protections or negative balance protection.
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02 Country eligibility Read the checkHide the check
XTB excludes residents of numerous countries, including the United States, India, Pakistan, Australia, Japan, and Russia. Confirm that your country is eligible before applying.
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03 Currency conversion and inactivity Read the checkHide the check
Allow for the 0.5% conversion fee when trading assets in another currency and the €10 monthly inactivity fee if both inactivity conditions are met.
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04 Payment terms by entity Read the checkHide the check
Card and bank-transfer fees are stated for the UK entity, while withdrawal fees can differ internationally. Check the terms attached to your account before funding.
All checks done. Confirm the final terms on XTB’s site before you fund. Open an account
FxFind's Assessment on XTB
XTB combines commission-free CFD pricing with access to real stocks and ETFs in a single Standard account, which has no minimum initial deposit on the cited terms. These products have different risk and cost structures: CFDs use floating spreads and can incur overnight financing, while foreign-currency investments can attract a 0.5% conversion fee. The contracting entity also affects protections, and xStation 5 does not support API trading or automated copy trading.
This setup is relevant to investors and manual traders who want one platform and do not require programmable execution. Traders who need automated strategies, copy trading, or a particular protection regime may find another platform or entity structure more suitable. Country eligibility and payment terms also merit attention before opening an account.
Review method: This assessment draws on broker product and account information, entity and regulatory details, asset-reference data, FxFind category scores, and customer-service reports. See the FxFind Broker Review Methodology for scoring criteria and weightings.
Questions Readers Usually Have About XTB
01 Which XTB entity serves UK and EU clients?
<p>UK residents are routed to XTB Limited (UK), regulated by the FCA. EU/EEA residents are routed to XTB Limited (Cyprus), regulated by CySEC. The entity determines the applicable rules and protections.</p>
02 Does XTB require a minimum deposit?
<p>The cited XTB account terms have no minimum initial deposit. You still need enough funds to meet a position's margin requirement, and payment minimums or conditions may depend on the method and entity.</p>
03 What leverage does XTB offer?
<p>The maximum retail forex leverage shown for the XTB International entity is 1:500, but it can be lower depending on position size, market conditions, instrument, or entity. UK and EU retail clients are capped at 1:30 on major currency pairs.</p>
04 Does XTB support API trading or automated copy trading?
<p>No. XTB does not currently allow API trading or offer automated copy trading. Traders can monitor performance information and place trades manually, but positions are not copied automatically.</p>
05 What fees can apply beyond spreads and commissions?
<p>Leveraged CFD positions can incur overnight swaps, and a 0.5% currency-conversion fee applies when the traded asset is priced in a currency different from the account's base currency. A €10 monthly inactivity fee applies only when both the 365-day trading and 90-day deposit conditions are met.</p>
06 How long do XTB withdrawals take?
<p>Bank-transfer requests received before 13:00 GMT are normally processed the same business day; later requests are normally processed on the next working day. Arrival typically takes one to three working days, and withdrawals must go to an eligible bank account in the client's name.</p>
07 Does XTB offer negative balance protection?
<p>Retail clients under XTB's UK and EU regulated entities receive negative balance protection. It is generally not offered to clients trading through XTB International, so the account's entity matters.</p>
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