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XTB is one of the most trusted multi-asset trading platforms. With some truly unique features and excellent trading services, XTB is all set to carve a niche for itself in the trading world.

But what makes this broker so special? Let’s unwrap this in this XTB review.


About XTB & Accepted Countries

Founder / CEOOmar Arnaout
Established Year2002
Publicly TradedYes
Total Employees200+
RegulationsCNMV in Spain, CySEC, FCA, IFSC, KNF
HeadquarterPoland

XTB is a globally renowned broker headquartered in Poland.

XTB Forex BrokerThe broker made an appearance in the trading sector in 2002 that today is serving millions of clients worldwide.

The broker has its offices operating in more than 13 countries, including India and other nations.

Another interesting fact about the XTB trading platform is that it is counted among the largest Forex and CFDs brokers.

No wonder you can recklessly trust the XTB trading platform. But before you reach the final decision, and begin using it, let’s cover more information in this XTB review.

It’s worth checking every feature and spec you receive inside this trading platform, so you can better compare it with the features of other trading platforms.


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    XTB Trading Platforms

    Trading PlatformMT4, xStation 5
    Desktop Platform – WindowsYes
    Desktop Platform – MacYes
    Desktop Browser PlatformYes
    Mobile Site PlatformYes
    Android App PlatformYes
    iOS App PlatformYes
    Windows App PlatformNo
    Other Mobile OS PlatformNo
    Real-time UpdatesYes
    Portfolio DetailsYes
    Research ReportsYes
    Global IndicesYes
    Personalized AdvisoryYes
    Interactive ChartsYes
    Live MarketsYes
    Multi-Account ManagementYes
    Trading Platform Supported LanguagesN/A

    XTB trading platform is truly impressive that you can access it in multiple languages. For example – the broker provides you services in your regional languages in Arabic, Brazilian, English, German, Russian, Spanish, etc.

    The broker offers MT4 and xStation 5 trading platforms that work smoothly and delivers an excellent user experience.

    At first glance, you may find the interface pretty much confusing since features and options appear like they are clustered together.

    But thanks to the demo account, which guides you briefly about the trading platform and how to use it. Apart from that, the trading platform can be accessed on a mobile app, which we will discuss below.


    XTB Mobile App

    XTB app, the name itself, is a stress-relieving thing for traders who don’t have a PC or Laptop but want to trade from their mobile.

    The app features a similar user interface, functions, and options you receive on the web-based trading platform.

    You can download the app from the Apple app store (for iPhone users) or Google Play Store (for Android users).

    From charting, indicators to notification, you receive everything inside this mobile app. Live trading account is instant and relatively easy to apply.

    EKYC is also easy as compared to the web-based trading platform.

    But for day trading, the app alone perhaps may not work that well. It is a bit tricky to conduct a technical analysis.

    Apart from that, you can use a mobile app for any trading activities.


    Check out Mobile Apps of more Forex Brokers


    XTB Commission or Brokerage or Fees

    Commission on tradesYes
    Fixed spreadsYes

    XTB commission mainly depends upon the account.

    The broker offers two trading accounts.

    The first account is for small or new traders, whilst the second account is for traders who want to trade in a big amount.

    XTB charges commission only on the second account, $3.5 per lot, whereas the first account (built for beginners or small traders) can be accessed free of cost.

    There’s no need to pay even a single penny for account opening since it is free.

    Moreover, the broker doesn’t ask you to submit the initial deposit amount in both accounts, which adds benefits for both beginners and newbies planning to start trading at XTB.


    XTB Exposure or Leverage

    Maximum Leverage1;500

    The maximum leverage that XTB offers is 1:500. At $1, you can trade assets with a total value of $500 – sounds good – but it isn’t exactly what you think.

    But using the leverage implies, your trade may have the potential of losing $500 in one shot.

    But if your technical and fundamental analysis is accurate and gives you some positive indication, it won’t be wrong to reap the advantage of leverage.

    The feature will multiply your earnings if you get it right.

    If you are a beginner and just want to use leverage as you are curious to give it a try, make sure you think twice.


    Payment Methods provided by XTB

    DepositCredit Card, Neteller, PayPal, Skrill, Wire Transfer
    WithdrawWire Transfer

    Here are the major payment modes that broker offers to ensure smooth and hassle-free checkout-

    • For payment, traders can use – Credit Card, Neteller, PayPal, Skrill, and Wire Transfer.
    • For withdrawals, traders can use – Wire Transfer only

    Perhaps, this may sound a bit unfair since you receive the only option for withdrawal – WIRE TRANSFER – but the broker provides it to avoid complexities and threats in transactions.

    Still, the broker must include more Payment Options – such as bank transfer or debit card – because most traders don’t use the payment mode that XTB provides.


    Find out Payment Methods provided by other Forex Brokers


    Investment in Asset Classes or Markets by XTB

    Currencies TradingYes
    Commodities TradingYes
    Indices TradingYes
    Stocks TradingYes
    Cryptocurrency TradingYes
    ETF’s TradingYes
    Bonds TradingYes
    FUTURES TradingYes
    OPTIONS TradingYes
    Supported Cryptocoinsbitcoin, bitcoin cash, dash, eos, ethereum, ethereum-classic, litecoin, ripple
    Total Tradable Assets11320
    Number Of Currency Pairs16
    Number Of Cryptocurrencies25
    Number Of Stocks9500
    Number Of Indices42
    Number Of Commodities22
    Number Of Futures1600
    Number Of Options0
    Number Of Bonds10
    Number Of ETFs80

    The broker is equipped with thousands of assets – 11,320 in total – or more than that.

    Beyond a surprise, this makes it evident that the broker has compiled a massive treasure for you.

    Explore assets and markets since you aren’t just limited to a single market but many.

    To simply put, you can invest in forex, cryptocurrencies, and commodities in addition to standard companies’ stocks.

    XTB adds more stocks on its trading platform whenever some better alternatives arrive.

    Thus, you can find yourself in an utterly profitable position because the broker introduces you to a comprehensive suite of assets.

    But before you invest, make sure you never forget to review your assets in detail in which this broker itself assists you.


    XTB Virtual Trading or Demo Account

    Virtual MoneyNA
    ChargesFree

    If you are a newbie and don’t have any experience in trading, you’ll certainly find the XTB virtual account the friendliest thing.

    Your trading experience inside the demo account gives you some best cues on survival in the real trading environment.

    But unlike other trading platforms where you receive virtual currency support, you don’t get virtual currency in the XTB demo account.

    This is undoubtedly the biggest flaw. But apart from that, the broker serves you a brilliant virtual trading experience.

    You can better understand the basics of how to start trading at the XTB trading platform, and that’s enough for every trader.


    XTB Offers or Deals

    Free Learning CoursesYes
    Free Demo AccountYes
    Discount on BrokerageYes
    Flexible Brokerage PlansYes
    Referral OffersYes
    Forex Trading ContestNo
    Trading Bonuses & RewardsNo

    In terms of offers and deals, the broker seems to do a great job. The most remarkable offering is a referral program that allows you to earn more at the XTB trading platform.

    Share the referral link provided by the XTB broker with your family, friends, and community.

    Whoever clicks on this link and log-in to the XTB trading account, you receive a commission for it.

    All you need to do is, join the XTB referral program and get the most out of your trading journey on the go.

    Apart from that, the broker offers you free educational courses, discounts on brokerage, including a flexible brokerage plan.

    No wonder this makes your trading decision utterly affordable.


    XTB Regulation or Licensing

    RegulationsCNMV in Spain, CySEC, FCA, IFSC, KNF

    Regulation and licensing give you a valuable hint regarding a broker’s authenticity.

    In this XTB review, we can see that the broker operates under the supervision of CNMV in Spain, CySEC, FCA, IFSC, and KNF.

    Without a doubt, every trader can feel secure about their trading and investment at XTB.


    Find out Regulations & Licensing of more Forex Brokers


    XTB Features

    Educational ServicesYes
    Social Trading / Copy TradingNo
    Trading SignalsYes
    Email AlertsYes
    Guaranteed Stop LossNo
    Guaranteed Limit OrdersNo
    Guaranteed Fills / LiquidityNo
    OCO OrdersNo
    Trailing SP/TPYes
    Automated TradingYes
    API TradingYes
    VPS ServicesYes
    Trading From ChartYes
    Interest On MarginYes
    Offers HedgingYes
    Offers PromotionsYes
    One-Click TradingYes
    Expert AdvisorsYes
    Other Trading FeaturesNo

    When it comes to trading features, surprisingly, XTB isn’t equipped with everything you wish for. Nevertheless, the features you receive inside XTB aren’t short of helpfulness and usability.

    To simply put, the broker offers you educational services for free. You can trail SP/TP as well. Automated trading is available, which is a good thing.

    Charting features inside the XTB trading account helps you grab more market information.

    On the flip side, trading signals take your trading abilities to a whole new level.

    Apart from that, the broker offers you promotions, one-click trading solutions, and expert advisors for professional traders.

    Despite the trading platform lacking a few features, a comprehensive suite of trading solutions that XTB offers helps you launch a successful trade on the go.


    XTB Account Types

    Take a look at the types of accounts that the company is offering:

    Account TypeStandard AccountPro Account
    Initial DepositNo minimum depositNo minimum deposit
    Spread0.3 pips0.2 pips
    CommissionCommission-free$3.50 per lot
    Leverage30;130;1

    In the mainstream, XTB offers you two accounts to select from.

    The first is a standard account in which the broker charges zero commission for account opening.

    The second is the professional account which is also exempt from any commissions on account opening.

    The only thing that a broker demands from its users is the initial deposit amount which stands at $100 for both standard and professional accounts.

    Perhaps the amount is a bit high for small-scale traders, but it’s worth spending some amount out of your pocket when stepping into the trading world.


    XTB Trading Account Features

    Check below all the trading account features under various account types:

    Trading Desk TypeMarket Maker, STP
    Min Deposit$0
    Maximum Leverage1;500
    Mini AccountNo
    Premium AccountYes
    DEMO ACCOUNTYes
    Islamic AccountYes
    Segregated AccountYes
    Managed AccountNo
    Institutional AccountYes
    Suitable for beginnersYes
    Suitable for professionalsYes
    Suitable for scalpingYes
    Suitable for daily tradingYes
    Suitable for Weekly tradingYes
    Suitable for swing tradingYes

    XTB – Research & Advisory

    Find below all the different reports and support provided by its Research & Advisory team:

    Fundamental ReportsYes
    Research ReportsYes
    Company ReportsYes
    Daily Market CommentaryYes
    News (Top-Tier Sources)Yes
    Delkos ResearchYes
    Top PicksNo
    AutochartistNo
    Acuity TradingNo
    Company Stock ReviewYes
    Free Stock TipsYes
    WebinarsYes
    Video EducationYes
    Economic CalendarYes
    Offline AdvisoryYes
    Relationship ManagerYes

     


    XTB Benefits

    Now, let’s cover some major benefits we found out in this detailed discussion on the XTB review. The major benefits include-

    • Educational sources are offered for free.
    • A separate account for fresher and pro-level traders
    • No commission on account opening
    • 24×7 hours customer support offered
    • Offers MT4 trading platform
    • Certified by the top-tier regulator
    • The massive list of tradable assets
    • Available for both desktop and mobile users
    • Available for Mac, Windows, iOS, and Android users

    XTB Cons or Drawbacks

    Now, let’s catch a glimpse of the drawback section, which outlines the major drawbacks associated with the XTB trading platform –

    • Short of few vital features
    • High initial deposit
    • Demo account lacks virtual currency
    • Charges commission on trading

    XTB Trading Hours

    Like other trading platforms or broker service providers, XTB also wants its users first to ascertain the market where they are planning to dive into kick-start trading.

    The exact time frame for each market varies. That’s why XTB is also unclear about the exact trading hours because it is entirely up to the market.

    Apart from that, the broker is ready to assist you 24×7 hours a day.


    XTB Customer Care or Contact Details

    Dedicated DealerYes
    Support During WeekendsYes
    Online TradingYes
    24*7 SupportYes
    Email SupportYes
    Live Chat SupportYes
    Customer Support LanguagesArabic, Chinese, Czech, English, French, German, Italian, Polish, Portuguese, Russian, Slovak, Spanish, Thai, Vietnamese

    In case you are stuck in an issue, feel free to connect with the XTB customer support team. They are ready to assist you 24X7 hours a day.

    There’s no need to follow any special criteria. All you need is to visit the XTB official website, log in, visit the contact portal, and mention your problem.

    Besides, you can even connect with the customer support team via live chat support provided by the broker.


    XTB Safety & Security

    Yes, XTB is a 100% safe multi-asset trading platform where you can trade almost any asset in any market at any time.

    The broker is backed by top-tier regulators.

    Hence, you can feel confident about your trading activities and transactions that will be safe.


    XTB Rating & Reviews

    Based on different users and their experiences below are the company rating and reviews:

    User Experience7.5 / 10
    Products & Services7.8 / 10
    Brokerage Charges & Fees8.1 / 10
    Research & Advisory8.2 / 10
    Trading Platforms8.1 / 10
    Overall Ratings8.0/ 10
    Star Ratings★★★★
    Total Client Reviews45

    XTB Forex Trading – Conclusion or Verdict

    Except for the XTB Commission on trading, everything is superb about the XTB trading platform.

    Yet, the commission is charged from only professional account users.

    If you are a beginner and opt for a standard account, you can make an affordable trade at the XTB trading platform.

    Apart from that, features and overall benefits linked with XTB deserve to be noted.


    XTB Forex trader FAQs:

    Here are the few FAQs related to the XTB forex trader:

    Is XTB Safe For Trading?

    Yes, XTB is one of the safest platforms for trading.

    The platform operates under CNMV in Spain, CySEC, FCA, IFSC, and KNF that makes it a well-regulated broker.

    What Is The Commission For XTB?

    XTB charges no commission on account opening.

    But when it comes to trading, the broker charges $3.5 per lot in the professional account, which is zero in a standard account.

    How to Open a Trading Account With XTB?

    XTB follows a standard account opening process that doesn’t drop beginners into any complexities.

    Begin with a simple sign-up, get qualified for EKYC criteria, and with a verification message, the broker allows you to start trading at XTB.

    Can I Invest In Cryptocurrency With XTB?

    Yes, feel free to invest in any currency, including crypto-currency at XTB.

    From bitcoin to some of the newly developed digital assets, the broker has it all.

    What Leverage Does XTB Provide?

    XTB offers maximum leverage up to 1:500, but it depends upon various factors.

    Does XTB have a Trading App?

    Yes, XTB has a well-built trading app that both android and iPhone users can download on their smartphones from their respective app stores.

    How To Contact XTB Customer Care?

    Visit XTB contact us page, submit your request.

    Make sure you don’t forget to mention details regarding issues and your account id if asked.

    Is XTB Regulated?

    Yes, XTB is regulated by CNMV in Spain, CySEC, FCA, IFSC, KNF top-tier regulators.

    This makes XTB a well-regulated and utterly reliable trading platform.

    Is XTB Good For Beginners?

    XTB is a brilliant trading platform for beginners, thanks to the demo account, educational resources, and no-commission on account opening that respects user’s demands.


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