XTB is a publicly listed broker that charges through spreads, not commission, and runs its own xStation 5 platform.
Spreads from
0.9 pips
Commission
$0 (spread-only)
Min deposit
$0
Established
2002
Regulated by
FCA · KNF (Poland) · CNMV (Spain) · CySEC · DFSA (Dubai) · FSC of Belize
Written byLaverlane Team·Updated2 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
XTB is regulated by several bodies, including the FCA. It's also been fined by KNF and the AMF, and clients of its Belize entity have no statutory compensation scheme.
XTB S.A. holds primary authorisation from KNF in Poland, while UK clients contract with XTB Limited regulated by the FCA under licence number 522157. European operations run through XTB CY Ltd under CySEC regulation, while MENA operations fall under DFSA oversight. International clients residing outside these jurisdictions contract directly with XTB International Limited in Belize.
XTB reports its results publicly on the Warsaw Stock Exchange, so you can check its accounts. While UK and EU entities provide statutory compensation schemes, clients under the Belize jurisdiction trade without external investor compensation cover.
Key facts
XTB combines two decades of brokerage experience with public exchange listing transparency.
Client-facing entity
XTB Limited
Regulators
FCA, KNF (Poland), CNMV (Spain), CySEC, DFSA (Dubai), FSC of Belize
Restricted countries
US, CA, IR, KP
Negative-balance protection
Yes
Minimum deposit
$0
Max leverage (UK/EU retail)
1:30
Max leverage (offshore entity)
1:500
Max leverage (professional)
1:500
Typical EUR/USD spread
0.9 pips
Platforms
Proprietary
Account currencies
USD, EUR, GBP
As of 2026, XTB says it serves more than 2.9 million customers worldwide. The group's parent company trades publicly on the Warsaw Stock Exchange, offering audited balance sheet visibility.
The broker keeps things simple with a commission-free Standard account and a Swap-Free version. Its operations rely entirely on the in-house xStation platform, phasing out third-party terminals.
Best for
Pros & cons
Fund safety
Client balances remain segregated in Tier 1 financial institutions across all operating entities.
XTB Limited segregates client funds in Tier 1 accounts under FCA rules, providing FSCS coverage up to £85,000. European clients under XTB S.A. and CySEC entities receive protection up to €20,000 through national compensation funds.
Negative balance protection applies universally to all retail clients across all operating subsidiaries. However, international accounts held under Belize carry no statutory scheme coverage in insolvency events.
Account terms
Trading conditions feature clear operational parameters with an active account inactivity policy.
XTB charges a $10 monthly inactivity fee if an account remains dormant with no trades for 365 days. Active traders holding open positions or placing periodic trades bypass this charge entirely.
The legal agreements clearly define market maker execution boundaries and order handling rules. Scalping and hedging are fully permitted without artificial holding time restrictions.
Costs
Spread-only pricing delivers competitive transaction costs without commission markups on standard assets.
A typical EUR/USD spread of 0.9 pips on the Standard account sits within the competitive market average for spread-only structures. Indices like the US500 carry typical spreads of 0.5 points, maintaining low trading costs for index traders.
Deposit fees remain $0 on bank transfers and cards. XTB UK says withdrawals are free, though your bank or payment provider may charge its own fees.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 0.9 | pips |
| GBP/USD | Forex CFD | 1.3 | pips |
| USD/JPY | Forex CFD | 1.1 | pips |
| US 100 (Nasdaq) | Index CFD | 1.8 | points |
| US 500 (S&P 500) | Index CFD | 0.5 | points |
| XAU/USD (Gold) | Commodity CFD | 0.35 | $ / oz |
| US Crude Oil | Commodity CFD | 0.04 | $ / bbl |
| BTC/USD | Crypto CFD | 0 | $ |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
Multi-asset coverage provides access to thousands of equity CFDs, forex pairs, and commodities.
Forex CFD
50 pairs
Index CFD
30 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
2100 shares
Real ownership: Stocks / ETFs
Stocks, ETFs
XTB provides over 2,100 stock CFDs alongside 50 currency pairs, 30 market indices, and 25 commodities. UK retail clients can't trade crypto CFDs because the FCA bans crypto derivatives for retail.
In select European jurisdictions, XTB also offers real stock and ETF investing with zero commission alongside its CFD products.
Platforms
The proprietary xStation 5 terminal provides advanced charting and native market sentiment analysis.
xStation 5 offers integrated news feeds and an economic calendar; execution speed is not independently verified. Built-in performance statistics track personal win rates and trade duration metrics directly inside the platform interface.
Third-party platform support for MT4 and MT5 has been discontinued for new account registrations. Traders requiring automated expert advisor execution must utilise XTB's custom API interface instead.
Execution
Order routing uses internalisation with hybrid market maker execution paths.
XTB says it applies slippage in both directions during news releases, although Poland's financial regulator fined it in 2018 over asymmetric slippage practices. Read the order execution policy for your account entity before trading.
Leverage
Leverage options adhere to strict regional caps ranging from 1:30 to 1:500.
UK and European retail traders face a regulatory 1:30 leverage limit on major currency pairs. International accounts under the Belize entity can access leverage ratios up to 1:500.
Margin close-out rules automatically trigger liquidation when account margin levels drop to 50%. This threshold helps prevent debt accumulation in volatile market conditions.
Account types
A streamlined account choice centres around the commission-free Standard profile.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Standard | $0 | Spread-only | Variable overnight financing fees apply | From 0.9 pips · Variable | Yes | No |
| Swap-Free | $0 | Spread-only | Free | From 1.4 pips · Variable | Yes | Yes |
The Standard account features variable spreads starting from 0.9 pips with zero commission charges per trade. A Swap-Free account caters to Islamic finance principles, with wider variable spreads (from 1.4 pips) instead of overnight fees.
Account registration requires no minimum deposit barrier, allowing traders to fund accounts with any amount. A free demo account is available for platform testing.
Funding
Deposits are free, and XTB UK says withdrawals are free too.
Bank transfers and cards carry no deposit fee from XTB, though your bank or payment provider may charge its own.
XTB UK says withdrawals are free. Requests made before 1 PM are usually sent the same business day, and later requests the next business day. Bank wires and card payments can take up to 3 business days to arrive.
Support
Multilingual customer support runs round-the-clock during global market weekdays.
XTB says its support team speaks 18 languages and is available by email, chat or phone, Monday to Friday. Research resources include daily market commentary, video webinars, and a structured Trading Academy. However, live support closes on weekends when markets are inactive.
Availability
Global registration availability covers most major regions outside restricted North American markets.
XTB accepts retail clients across Europe, Asia, Latin America, and the Middle East through its network of regulated entities. Residents of the United States, Canada, and FATF-blacklisted nations remain restricted from opening accounts.
Regional routing automatically assigns clients to appropriate regulatory entities based on country of residence. International clients contract with XTB International Limited in Belize.
Verdict
XTB's listing on the Warsaw Stock Exchange gives it above-average corporate transparency, although regulators have fined it over past conduct and CFDs remain high risk. Its proprietary xStation 5 platform includes integrated news, an economic calendar and sentiment heatmaps, which suits manual traders. Despite the lack of MetaTrader integration, its competitive spread-only pricing and zero deposit barrier make it a strong option for retail investors.
XTB is right for you if you value company financial transparency and prefer an integrated web platform equipped with live market news and sentiment heatmaps. It works exceptionally well for traders starting with modest balances who want spread-only pricing without upfront capital demands.
Manual position traders, stock CFD traders and retail traders who prioritise public exchange accountability over MT4/MT5 compatibility may find XTB suits them.
FAQ
XTB is a global multi-asset broker operating as a publicly listed entity on the Warsaw Stock Exchange under ticker XTB. Its global operations provide CFD trading across forex, indices, commodities and shares (crypto CFDs are not available to UK retail clients) with zero minimum deposit. Trades execute primarily via its proprietary xStation 5 platform.
XTB is owned primarily by founder Jakub Zablocki through XX ZW Investment Group SA as the dominant shareholder. The remaining shares trade publicly on the Warsaw Stock Exchange, ensuring regular financial reporting transparency. This public ownership model requires public quarterly reporting of operating capital.
XTB processes withdrawals back to bank accounts and original funding methods registered under the client's name. XTB UK says withdrawals are free. Clients must route funds back to a verified bank account held in the primary account holder's name.
XTB UK says withdrawal requests made before 1 PM are usually sent the same business day. Bank wires and card payments can take up to 3 business days to arrive.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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