XTB Review

XTB can be summarised as a trustworthy broker with a reputable reputation that provides Contracts for Difference (CFDs) and trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options, indices, and user-friendly trading conditions to a global market.

Overall Rating

• 4.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

FCA, CySEC, IFSC, KNF

Trading Platform

MT4, xStation

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

XTB Review – 20 Key Point Quick Overview

1. ☑️ XTB Overview
2. ☑️ XTB Safety and Security
3. ☑️ XTB Sign Up Bonus
4. ☑️ XTB Cash-Back Offer
5. ☑️ XTB Minimum Deposit
6. ☑️ XTB Account Types
7. How to Open an XTB Live Account – Step by Step Guide
8. XTB Demo Account
9. How to Open an XTB Demo Account – Step by Step Guide
10. XTB Trading Platform
11. XTB Fees, Spreads, and, Commission
12. XTB Deposit and Withdrawal
13. XTB Affiliate Program
14. XTB Best Countries by Traders
15. XTB vs Pepperstone vs XM – A Comparison
16. XTB Customer Reviews
17. XTB Pros and Cons
18. Conclusion
19. Disclaimer
20. Frequently Asked Questions

XTB Overview

XTB is one of the largest, global stock exchange-listed FX & CFD brokers with more than 15 years of experience in the field.  XTB has offices in over 13 countries across the globe and provides clients with a proprietary trading platform plus dedicated customer support.

XTB Safety and Security

XTB is regulated by the world’s biggest supervision authorities, including the FCA, KNF, CySEC, and IFSC.  Furthermore, XTB provides their clients with insurance purchased from Lloyd’s of London, with coverage of up to 1 million Euro, GBP, or AUD. The insurance is given automatically, and for free to all XTB clients.

XTB Sign Up Bonus

An XTB Sign Up or Welcome Bonus is made available to new, non-EU/UK clients by application only.  A minimum deposit of at least $100 USD / R1600 ZAR must be made and a 50% deposit bonus may be received.  However, not all clients will receive a Sign-Up Bonus and it will be dependent on XTB approval.

XTB Cash-Back Offer

By opening an XTB live account traders can earn cashback through a bespoke rebate scheme.  Cash rewards are based on the account holder’s trading activity and will be calculated automatically.  The Cash-Back offer is available to traders from select jurisdictions only.

XTB Minimum Deposit

XTB offers two live trading account options, Standard and Swap-Free, neither of which require a minimum amount deposit.  However, the recommended minimum deposit amount is $100 USD / R1600 ZAR in order for the first live trade to be made.

XTB Account Types

XTB makes 2 Live trading accounts available, one of which is Swap-Free.  Additionally, a free Demo account is also on offer.

XTB Standard Account

XTB Swap Free Account

How to Open an XTB Live Account – Step by Step Guide

1.  Step 1:  Start Process

In order to start the application process, the applicant can simply click on the green “Create Account” button located on the top, right corner of the XTB Webpage.

2.  Step 2:  Email

The applicant will need to supply a valid email address which will be used for XTB communication and account activation.  A case-specific password will also need to be set.

3.  Step 3:  General Information

The Applicant will need to complete some general information, including date of birth and nationality.

4.  Step 4:  Address

The applicant will need to supply their current address in order to proceed.

5.  Step 5:  Finalize

The final step is currency selection and a terms agreement section.

Once this has been completed, the applicant will be met with the following notification.

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4.8/5

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4.7/5

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4.4/5

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4.0/5

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4.7/5

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4.8/5

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4.5/5

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4.9/5

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XTB Demo Account

XTB does make a Free demo trading account available to beginners for the purpose of  Practice forex trading in a 100% risk-free environment. The XTB Demo account expires after 30 days.

How to Open an XTB Demo Account – Step by Step Guide

1.  Step 1:  Start Process

In order to open an XTB Demo Account, the applicant can simply click on the “Demo” button located at the top right corner of the XTB Webpage.

2.  Step 2:  Email

The applicant will need to provide a valid email address for notification, communication, and verification purposes.

3.  Step 3:  Password Setup

Next, the applicant will need to set a case-sensitive password for their XTB demo account.

The application process is now complete, and the applicant can now start training on their newly created Demo account.

XTB Trading Platform

The XTB xStation5 trading platform is an award-winning, easy-to-use platform designed to deliver results with superior execution speeds.   xStation is made available for Web, Mobile, and Desktop – including MAC.

XTB Fees, Spreads, and, Commission

Trading with XTB will involve fees from $100 USD / R 1600 ZAR,  spreads from 0.05 pips to 0.07 pips, and commission-free trading depending on the account traders select.

XTB Deposit and Withdrawal

Both the deposit and withdrawal procedures with XTB are user-friendly and straightforward.  Here is an overview of both Funding and Withdrawal, step by step.

XTB Deposit Methods and Procedure

How to Make a Deposit with XTB – 3 Step Guide

The deposit procedure is three easy steps.

1.  Step 1:  The user must be an Account holder in order to Log in to the xStation or Client Office.

2.  Step 2:  Go to Deposits in the xStation or Client Office.

3.  Step 3:  Select the trading account and Payment method.

XTB Deposit Methods

XTB makes several ways available to deposit funds into a user’s trading account. Traders must take note that some of these methods may incur additional charges and XTB will not cover any exchange rates charged.  Deposit Methods include:

Bank Transfers

Bank Transfers are “Fee-Free” and are accepted in EUR, USD, GBP, and HUF.  However, the account holder’s bank may charge a transfer fee.

Credit Cards

Credit Cards accepted include MasterCard, Maestro, and Visa.  Deposits made by Credit card are fee-free and can be made in EUR, USD, and GBP.

e-Wallets

Using an e-wallet to make an XTB deposit will be subject to the following fees: Paysafe (formerly known as Skrill) – 2% of the deposited amount.  Currencies accepted include EUR, USD, GBP, and HUF.

XTB Withdrawal Methods and Procedure

In order to withdraw profits from an XTB Live trading account, the account holder can simply select their preferred account and enter the amount that they wish to withdraw.  The withdrawal will then be returned to a nominated bank account, which the account holder added to their Client Office.

Most withdrawals will be processed on the same day if the request was done before 13:00 PM.  If the request was done after said time, the withdrawal will be processed the following day.

How to Make a Withdrawal with XTB – 3 Step Guide

1.  Step 1: Login.

Traders who would like to withdraw funds from their XTB live trading account can simply log in to xStation or  Client Office.  Once logged in,  the traders can now click on the ‘Withdraw’ tab, after which they will see a page similar to the one below. Next – the trader can now select the trading account they would like to withdraw funds from, as well as information about recent withdrawals.

2.  Step 2:  Enter Amount

After the account has been selected, the trader should choose the amount they would like to withdraw and click on the ‘Withdraw’ button to process the withdrawal.  After doing so, a new window will open where the account holder can choose the account they wish to withdraw funds to. Once the account number is selected and the withdrawal amount checked to be correct, click on the green ‘OK’ button.

The withdrawal will now be processed by XTB systems and the trader will receive a confirmation window as seen below.

XTB Affiliate Program

The XTB Affiliate Program is best suited to Finance Portals, Trading Schools, Influencers, and Social media pages.  Interested Parties can simply fill in an Affiliate Application form to learn about the program in more detail.

Overall Rating

• 4.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

FCA, CySEC, IFSC, KNF

Trading Platform

MT4, xStation

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

XTB Best Countries by Traders

XTB vs Pepperstone vs XM – A Comparison

XTB Customer Reviews

Good Support.

Good customer support, the trading app is easy to use and user-friendly. – Timur

Very Professional.

Professionalism and total transparency! Good approach and interaction with me, as a client! Very good customer service. – Euro

Very Happy!

A fantastic approach to the client – many study materials for free and much more after registration (also for free), Czech support, market analysis, etc. There are plenty of things for study and analysis before the actual trading. – Victor

XTB Pros and Cons

Overall Rating

• 4.6/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

FCA, CySEC, IFSC, KNF

Trading Platform

MT4, xStation

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Conclusion

Overall, XTB can be summarised as a trustworthy broker with a reputable reputation.

Disclaimer

XTB International Limited (XTB) provides potential traders with information to help them understand the nature and risks of their products and services and warns them about several risks and other significant aspects of CFD, Equity CFDs and Option trading.

Traders are advised not to engage in those products unless they understand the nature of the Over The Counter (OTC) Derivative trading, how it works, how you make a profit or loss and the extent of your exposure to risk and loss.

You might also like: XTB Account Types Overview

You might also like: XTB Demo Account – Step by Step

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You might also like: XTB Minimum Deposit

You might also like: XTB Sign up Bonus

Frequently Asked Questions

Does XTB have Nasdaq?

Yes, XTB has Nasdaq and NYSE.

Is XTB a Market Maker?

Yes, XTB is a Market Maker and have lower entry requirements than ECN brokers.

What trading platforms are offered by XTB?

XTB offers xStation web-based, xStation mobile for Androis & iOS and Metatrader 4.

Can I try out XTB before I buy?

Yes, XTB offers a demo account that allows for virtual trading without any risk to you.

Is XTB a good broker to trader with?

XTB is considered a good and reputable broker; used by more than 250 000 active traders & users.

Is my money safe with XTB?

XTB is a regulated broker and as such should XTB violate any regulatory rules their regulated status will be stripped.

Does XTB have any fees?

Yes, withdrawal fees & fee charge for inactive accounts.  No fees charged for deposits.

Does XTB offer a guaranteed stop/loss?

No, XTB do not offer a guaranteed stop/loss.

Does XTB allow hedging?

Yes, XTB allows hedging.

Does XTB have Islamic account?

Yes, XTB has an Islamic account.