CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

XTB Review 2024

By Onose Asotie-Enaholo -
Fact Checked

XTB is a global securities broker that primarily focuses on retail traders and offers access to over 2,200 instruments across 6 major asset classes, namely Forex, Indices, Commodities, Stocks, ETFs, and Crypto, in several markets across the world. 

The broker boasts of 20 years of service experience and has garnered a user base of over 495,000 active traders and investors in over 13 countries.

In addition to being one of the largest brokers that is also a publicly listed company, XTB has won several awards like the Best Mobile Trading App award at the Forex Expo Dubai in 2022.

Our XTB review dives into the inner workings of the broker. We explore its offerings, highlight its pros and cons, and render a verdict to help you decide whether it is worth your time and investment.

Table of Contents


XTB offers trading services across six major asset classes.

Forex Trading

XTB account holders get access to 57 currency pairs including major ones like GBP/USD and some exotics like CHF/PLN at interbank prices from top-tier banks. Spreads start as low as 1 pip for EUR/USD to about 4.7 pips for more exotic pairs like EUR/NOK.

Trading accounts can access leverage of up to 500x their capital to set positions of varying lot sizes. There are three lot sizes to choose from with XTB, they include standard lots (100,000 units), mini lots (10,000 units), and micro lots (1,000 units).

There are no minimum deposit limits impositions when trading currencies, however, you may not be able to open trades if your account balance is lower than what’s required based on your chosen pair, lot size, and stop loss parameters.

XTB supports Forex trading 24 hours a day on weekdays.

Indices Trading

With XTB, you can trade 30 indices from major markets like the US, UK, Japan, Germany, France, India, and also less popular markets like Brazil, Czech Republic, Mexico, and South Korea, and the Netherlands.

Most of the indices offered are composites of various stock or bond markets in their countries of origin. XTB charges competitive spreads on indices, as low as 0.3 pips for major indices like the S&P 500, and up to 80 pips for more exotic indices like the Mexican Composite.

The maximum leverage of 1:500 applies to indices, although the limit is much lower for most of them. We found that the range is between 1:33 to 1:200.

Commodities Trading

XTB’s commodities offerings include CFDs for over 28 internationally traded goods, from metals like Aluminum and Copper, to cash crops like Cocoa, Coffee, and Corn, to livestock like Cattle, and the regulars (Gold, Silver, Oil).

We noticed that XTB offers more commodities than most brokers who mostly stick to Gold, Silver, and Oil. For example, you can trade the SCHATZ2, an instrument whose price is based on quotes of the contracts for medium-term debt issued by the German government.

We found that we could also trade CO2 emission rights in the UK using contracts that are based on their quotations. This gives traders more trading opportunities.

Spreads start at 2 pips for bond-based instruments and go as high as 64 points for Nickel. Leverage is capped at 1:67 for commodities aside from popular ones like Gold and Silver which can be traded with a 1:500 leverage ratio.

Stock CFD Trading

XTB has a wide collection of stock CFDs, 1,904 as of writing. The collection spans securities in 17 countries including popular regions like the US, UK, Japan, and Hong Kong, and less popular ones like Belgium and Denmark.

Note that you cannot buy the stocks directly, instead you trade derivatives that track their prices. This allows you to open leveraged positions and trade both long and short directions.

Available leverage for stocks is capped at 1:5, although it gets lower for some stocks. The minimum order size is also quite different from that of currency pairs. The minimum position size you can open depends on the country in which the stock trades.

For example, the minimum trade size for US stocks is 50 USD. For British stocks, it is 100 GBP. You can check the instruments page for more details.

ETF CFD Trading

XTB lists CFDs for 156 exchange traded funds (ETFs) across various markets and countries. Most of the ETFs available are from popular providers like Blackrock’s iShares, Vanguard, SPDR, ARK, although some are from lesser known providers like DIREXION, Invesco, and Kraneshares.

Available leverage for ETFs is usually capped at 1:5, although it may be lower for some. The minimum size per order is one share of the chosen ETF.

Crypto Trading

With XTB, you get access to 46 crypto CFDs commission free with a maximum leverage of 1:2 for most crypto CFDs aside the most popular ones like Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, and Stellar which can be traded with 1:5 leverage.

Because of the volatility of the crypto market, spreads are floating and dynamic. However, popular crypto like Bitcoin, Ethereum, Litecoin, Ripple, EOS, Bitcoin Cash, and Binance Coin have fixed spreads, expressed in percentages.

Features of XTB

Flexible Account Types

XTB offers two types of accounts, standard and swap-free accounts. Both accounts are similar in every aspect aside from swap fees and minimum spread. Swap-free accounts do not pay swap fees while standard accounts do.

There are several different conditions and charges for various actions and situations like dividend payments for stock CFDs. For a comprehensive list of charges, visit XTB’s commission table.

The table below highlights the major differences between both account types.


Standard Account

Swap-Free Account

Execution type



Asset Class

All 6

All 6

Tradable Instruments



Minimum Spread



Segregated Account Funds



Account Setup and Management



Stock & ETF CFDs

No Commission

No Commission

Swap Fees



Crypto CFD Commission

No Commission

No Commission

Proprietary Trading Platform

All trading on XTB is done through its proprietary platform, called xStation. The latest version is the xStation 5 and is available on Web, Desktop, and Mobile.

The web version is compatible with Chrome, Firefox, and Safari. The desktop version is compatible with Windows and Mac operating systems, while the mobile version is compatible with iOS and Android.

xStation can trade all 2,200 instruments in XTB’s collection from a single account. It features interactive charts that can set and modify positions from the charting area. It also features an in-built trading calculator for cost and profit estimations.

Market Analysis

XTB provides various tools to help traders make informed decisions. They include:

Market News

Every account holder gets access to a continuous stream of up-to-date news on the assets classes available to trade. These news updates cover macroeconomic updates and major price moves.

Live Price Tables

The live price table is a dashboard that displays live prices for all securities under every asset class. It shows the daily change and the current spread for all the instruments XTB offers.

Market Calendar

The market calendar keeps track of important economic events and releases, and ranks them according to the impact they will have on the market. Events with high impact are rated red, those with medium impact are rated orange, while those with low impact are rated green.

Streamlined Funding Methods

XTB’s funding methods are streamlined. The broker doesn’t have as many options as other brokers, but it has made strides to ensure that the options it provides are smooth and cheap. These methods include:

Bank transfers: You can deposit and withdraw USD through bank transfers. Funding is free on XTB’s end, although your bank may charge you a fee depending on your location and their policies.

Credit cards: Credit card funding is free and instant on XTB’s end, however, you can only deposit USD. Withdrawals cannot be made using credit or debit cards at this time.

eWallets: Electronic wallet providers like Skrill, Neteller, and SafetyPay are also accepted. Deposits cost 2% for Skrill, 1.5% for SafetyPay, and 1% for Neteller.

Bank withdrawals take 1 business day to be processed and are subject to a $30 charge on amounts below $50.

Customer Service

XTB’s customer service runs for 24 hours during the weekdays. The team works on a global scale and are available via live chat and email.

Pros and Cons of XTB


  • Easy sign up process
  • Helpful tools
  • Extensive educational material
  • Innovative trading software
  • Low spreads
  • Wider range of securities than most


  • Funding methods are somewhat limited
  • Does not support MT4 and MT5 trading software

Why You Should Use It

XTB stands out from other brokers by offering streamlined but powerful tools and services that traders can leverage. The platform is straightforward with streamlined funding methods and innovative trading software.

The broker is well regulated with licences from the Financial Conduct Authority in the UK, the Komisja Nadzoru Finansowego (KNF) in Poland, the Comisión Nacional del Mercado de Valores in Spain, and the Financial Services Commission in Belize through various entities under the XTB Group.

Trading accounts are commission free for stock, ETF, and crypto CFDs, and can use up to 1:500 leverage for currency pairs, 1:200 for indices, 1:67 for most commodities, 1:5 for stock and ETF CFDs, and 1:2 for crypto CFDs.

Customer service is also adequate as support staff can be reached via live chat and email all day during the week.

Finally, pricing is transparent as the commission table outlines charges for various services and activities on the platform.


XTB is a securities broker with experience, a powerful platform, and a large collection of tradable securities.

We see several merits to using the platform like the in-built trading calculator which estimates profit, loss, and risk before you open trades, it’s xStation trading software which has won awards, and its to-the-point funding process.

However, there are things to be desired, like its funding methods being limited to USD and a lack of support for the popular MT4/5 trading software.

Nonetheless, traders at different points on their journey will find a good companion with XTB as its tight spreads, extensive list of securities, and strong regulatory position make for a solid broker overall.