FXSpreadMeter broker review
XTB
XTB Review
Fees, Platforms, Products & Trading Conditions
- Ranking
- #5
- Minimum deposit
- No set minimum
- Regulation
- FCA, KNF, Tier-1 Regulated
- Platforms
- xStation 5, xStation Mobile
Last verified 13 August 2026. XTB links are commercial — see our affiliate disclosure.
FXSpreadMeter score
8.7
out of 10
Section 01
XTB overview
XTB is a Polish-founded, London-listed broker built around its own xStation platform. It began as a predominantly forex and CFD house and has gradually widened into shares, ETFs and commodities, always keeping the proprietary platform at the centre of the experience. The result is a cohesive, fast environment for traders who are happy to work inside XTB's tooling rather than plug in third-party terminals.
The platform is the story here. xStation is available as a web terminal, a downloadable desktop application and a mobile app, and the three share a common layout: a clean chart, an instrument sidebar, an order ticket and a clear profit-and-loss display. It is less modular than MetaTrader but also less cluttered, and order entry is deliberately streamlined.
Pricing is generally competitive on the headline products, but the right account type and the right entity matter. Some markets are commission-free, others carry a small per-trade or spread-plus-commission structure, and swap rates apply to overnight positions. Our view is that XTB suits active traders who want a responsive platform, transparent ticket-level costs and a broad CFD catalogue, while investors looking for direct share ownership or a rich MetaTrader ecosystem will find better fits elsewhere.
XTB is a group of separately regulated companies. The entity that opens your account — XTB UK, XTB Poland or another group company — decides which products you can trade, what leverage you are offered, which investor-protection scheme covers you and how fees are structured. Always check the legal entity named in your client agreement.
Section 02
XTB at a glance
Account minimum
No fixed minimum for most standard accounts
Specialist tiers or local payment methods may require more. Verify at onboarding.
Headline products
Forex, stock CFDs, ETF CFDs, indices, commodities, crypto CFDs
Platforms
xStation 5 web, desktop and mobile
No MetaTrader or cTrader. Trading is inside XTB's own platform.
Commission structure
Spread-only on many products; share CFDs often carry a small commission
Check the exact model for your market and entity.
Base currencies
Several major currencies supported
Availability depends on the entity.
Withdrawal fee
Generally no withdrawal fee from XTB
Your bank or payment provider may still charge.
Inactivity fee
May apply after a prolonged dormant period
Confirm the current threshold and amount in the terms.
Section 03
XTB key data
| Minimum deposit | No fixed minimum for most standard accountsSome tiers and payment methods may require more. |
|---|---|
| Stock CFD trading | AvailableOften with a small per-trade commission depending on the market. |
| ETF CFD trading | Available |
| Forex | AvailableSpread-only pricing on standard accounts. |
| Crypto | Available as CFDs in supported jurisdictions |
| Copy trading | Not a core featureNo integrated copy-trading module comparable to eToro or Vantage. |
| Platforms | xStation 5 web, desktop, mobile |
| Withdrawal fee | Typically none from the broker's side |
| Currency conversion | May apply if the instrument currency differs from your account currency |
| Inactivity fee | May apply after dormancyCheck current terms. |
| Account opening | Fully online with identity verification |
| Demo account | Available |
Values marked “To be verified” have not yet been confirmed against the broker's own published documentation. Last verified: 13 August 2026.
Section 04
FXSpreadMeter assessment
FXSpreadMeter score for XTB
8.7 / 10
Weighted composite of the category ratings below. It reflects our current research view and is revised whenever a broker's pricing, regulation or platform offering changes.
XTB scores well on platform coherence and trading cost transparency. xStation is one of the more polished proprietary terminals in retail FX, the order ticket shows the full cost before you confirm, and the mobile app genuinely mirrors the desktop layout rather than feeling like a stripped-down companion. That consistency is rare.
It also scores well on breadth of CFD markets. Stock CFDs are a particular strength, with coverage that competes with larger brokers, and the ticket-level fee display makes it easy to compare costs across markets. The group has a long operating history and is supervised by several major regulators.
It loses points on platform choice. If your strategy is built around MetaTrader indicators, cTrader automation or TradingView execution, you will need to look elsewhere. It also loses points on real underlying ownership: XTB is primarily a CFD broker, so investors who want to hold actual shares or ETFs in a custody account will not find that here.
Section 05
XTB fees & trading costs
XTB's pricing is a mix of spread-only and commission-plus-spread depending on the instrument and account type. The important thing is that the broker is generally transparent about the structure: the order ticket shows the estimated total cost before you trade, including any commission or swap.
Share CFDs are usually the area where commission matters most. Major market shares can carry a small fixed or percentage charge per side, while forex, indices and many commodities are typically spread-only. Overnight financing is charged on leveraged positions and can become a meaningful cost if you hold trades for more than a few days.
Pricing by account type
Spread and commission are shown per account type — a raw or ECN figure is not comparable with a spread-only account.
- Spread
- From 0.8 pips
- Commission
- $0
EUR/USD · verified 2026-08-15
| Pricing | Spread | Commission |
|---|---|---|
| StandardEUR/USD · verified 2026-08-15 | From 0.8 pips | $0 |
Forex
What you pay
Spread-only on standard accounts; reference EUR/USD from around 0.5 pips
Exact spread depends on market conditions and entity.
FXSpreadMeter view
Stock CFDs
What you pay
Spread plus a small commission on most markets
Commission structures vary by exchange.
FXSpreadMeter view
ETF CFDs
What you pay
Spread plus commission in many cases
FXSpreadMeter view
Indices and commodities
What you pay
Spread-only
FXSpreadMeter view
Crypto CFDs
What you pay
Spread-only
Available in jurisdictions that allow crypto CFDs.
FXSpreadMeter view
Overnight financing
What you pay
Charged daily on leveraged positions held past rollover
Rate depends on the instrument and direction.
FXSpreadMeter view
Currency conversion
What you pay
May be applied if the trade currency differs from account base currency
Less of an issue if you trade in your account currency.
FXSpreadMeter view
Withdrawal fee
What you pay
Generally no broker-side withdrawal fee
Bank or payment provider charges may still apply.
FXSpreadMeter view
Inactivity fee
What you pay
May apply after an extended period without trading activity
Check current terms for the threshold and amount.
FXSpreadMeter view
Deposit fee
What you pay
Generally none from XTB's side
Your payment provider may still charge.
FXSpreadMeter view
- The FXSpreadMeter view compares each cost against the current pricing of other active brokers in our directory for the same product type. It is a relative judgement, not a rating of the broker as a whole.
- Share CFD commission can vary significantly by exchange, so a US stock CFD may not cost the same as a UK or German stock CFD.
- Holding leveraged positions overnight accumulates financing that can exceed the spread over a multi-day or multi-week trade.
Section 06
XTB Spread Meter
Spread Meter™
XTB Spread Meter
These are reference figures for standard retail accounts, not live quotes. Spreads widen in volatile or thin markets and can differ by entity and account type.
Spread-only on standard accounts.
Peer reference — EUR/USD average
0.73 pips
XTB EUR/USD reference
0.50 pips
Source: XTB published spread schedule and FXSpreadMeter retail-size observations. Last verified 13 August 2026. Spreads are variable, widen around news and illiquid hours, and differ by account type and entity. This component is built to accept a live pricing feed once one is connected.
Section 07
Is XTB regulated?
XTB is not a single regulated entity. The group operates through several locally supervised companies, and the entity that holds your account determines the regulatory framework, leverage limits and compensation scheme that apply to you.
That matters because the same brand name can coexist with different client protections. A UK retail client and a Polish retail client may see similar platforms but different leverage caps, different product availability and different complaint and compensation routes.
XTB Ltd
Region
United Kingdom
Regulator
Financial Conduct Authority (FCA)
Key protection
FSCS eligibility for covered claims; FCA retail leverage caps and negative balance protection
XTB SA
Region
Poland
Regulator
Polish Financial Supervision Authority (KNF)
Key protection
Local investor compensation scheme and negative balance protection for retail clients
XTB MENA / Dubai entities
Region
UAE
Regulator
Dubai Financial Services Authority (DFSA) or other relevant UAE regulator
Key protection
Local client-money rules and regulatory protections; verify current entity
International group entities
Region
Other regions
Regulator
Varies
Key protection
To be verified for your specific country of residence
See the entity note in the overview above.
Section 08
Opening a XTB account
Account opening is fully online and generally fast. You register, complete an identity check, answer the standard suitability questionnaire and can then fund the account. Verification is a regulatory requirement, not an optional step, and the account is not fully functional until it clears.
We do not publish a guaranteed approval time. The speed depends on the documents you upload, your jurisdiction and the checks the entity runs.
- 1
Create the account
Register with your email and country of residence. The country determines which XTB entity and platform version you will use.
- 2
Verify your identity
Upload government-issued photo ID and a proof of address. This is required before you can withdraw or trade in most jurisdictions.
- 3
Complete the suitability test
Answer the knowledge and experience questions honestly. Your answers may restrict access to leveraged products.
- 4
Choose your account settings
Select your base currency where available and confirm the leverage and product access for your entity.
- 5
Fund the account
Deposit via a supported method for your region. No fixed minimum applies to most standard accounts.
- 6
Try the demo first
Use the virtual environment to test xStation order entry, charting and the fee display before risking real capital.
Section 09
Deposits & withdrawals
Funding is straightforward and covers the standard methods in most regions: bank transfer, cards and supported e-wallets. The main thing to watch is currency matching: if your account base currency differs from your funding currency, or from the currency of the instruments you want to trade, conversion costs can add up.
Withdrawals are typically returned to the original funding source for anti-money-laundering reasons. XTB generally does not charge a withdrawal fee, but your bank or payment provider may impose its own charges or currency spreads.
Deposit methods
Bank transfer, cards, supported e-wallets
Availability varies by region and entity.
Withdrawal methods
Generally back to the original funding source
Withdrawal fee
Generally no broker-side fee
Minimum withdrawal
A minimum amount may apply
Check current terms for your entity.
Currency conversion
May apply on cross-currency activity
Processing
Withdrawals processed after verification checks
Bank settlement times add their own delay.
Third-party payments
Not accepted
Funds must come from an account in your own name.
Section 10
XTB platforms
XTB's trading environment is built around xStation 5. The same platform is available in the browser, as a desktop download and as a mobile app, and the three versions are visually consistent. The design philosophy is to surface everything a retail trader needs — chart, order ticket, position list, account balance — without the complexity of a professional terminal.
The platform includes a built-in trader's calculator, market sentiment indicators, news integration and screeners. It is not as deep as MetaTrader in terms of indicator and expert-advisor libraries, but it is faster to learn and more responsive out of the box.
xStation 5 web
No installation, full order entry, charting, account management and news in the browser.
Check before funding: Whether the built-in indicator set covers the analysis you need.
xStation 5 desktop
A more responsive, standalone version of the web platform with additional workspace stability.
Check before funding: That your operating system is supported and that you are comfortable with the proprietary layout.
xStation mobile app
Strong parity with the desktop experience, including charting, order management and alerts.
Check before funding: That biometric login and two-factor authentication are enabled.
MetaTrader 4 / 5
Not offered.
Check before funding: If your strategy depends on MT4/5 indicators or EAs, XTB is not the right broker.
TradingView / cTrader
Not integrated for execution.
Check before funding: You would need to analyse externally and execute in xStation.
Mobile app
The xStation mobile app is one of the stronger proprietary mobile terminals. It keeps the same layout as the web and desktop versions, so switching between devices does not require relearning where things are. Order entry, position management, charting and alerts are all present.
Charting is good for a mobile app but not comparable to a desktop professional terminal. Security is handled through device-level passcode or biometric login, and we would treat two-factor authentication as essential.
Web trading platform
The web platform loads quickly and is built around a central chart with a sidebar of instruments and an order ticket. The profit-and-loss display is clear, and the trader's calculator helps you size positions before you trade. It is an easy platform to navigate for newer traders and fast enough for intraday work.
Customisation is more limited than in MetaTrader or cTrader. You cannot install custom indicators, run expert advisors or deeply rearrange the workspace. For many retail traders that is a feature, not a bug; for systematic traders it is a hard limit.
Section 11
What can you trade with XTB?
XTB's product list is wide within the CFD universe. You can trade forex, stock CFDs, ETF CFDs, indices, commodities and, in supported jurisdictions, crypto CFDs. It is important to remember that most of these are derivatives, not underlying assets, so you do not own the share or the ETF and financing charges apply to leveraged positions.
Availability varies by entity and country. Some markets are not offered to retail clients in certain jurisdictions, and leverage caps differ by regulator.
Real stocks and ETFs
Not availableXTB primarily offers CFDs, not direct ownership of shares or ETFs.
Stock CFDs
AvailableBroad coverage across major exchanges; commission structures vary by market.
ETF CFDs
AvailableExposure to baskets and sectors via CFDs.
Forex
AvailableSpread-only pricing on standard accounts.
Indices
AvailableCFDs on major global benchmarks.
Commodities
AvailableCFDs on metals and energy contracts.
Crypto
Jurisdiction dependentCrypto CFDs available in some jurisdictions; restricted or absent in others.
Options and futures
Not availableNot a standard part of the retail CFD offering.
Section 13
Trading tools & research
XTB's research and trading tools are built into xStation rather than offered as a separate suite. The emphasis is on clarity and speed: market sentiment, economic calendar, news, screeners and a trader's calculator are all one or two clicks away.
Trader's calculator
Estimate margin, pip value and swap cost before you open a position.
Market sentiment
A quick read on how other XTB clients are positioned on an instrument — useful as context, not as a signal.
Economic calendar and news
Integrated event calendar and news stream to help time entries around macro releases.
Stock screener
Filter stock CFDs by sector, region and other criteria to build a watchlist.
Price alerts
Set alerts on price levels and receive them on mobile or desktop.
No automation or custom scripting
There is no built-in strategy backtester or expert-advisor support; systematic traders will need external tools.
Section 14
XTB pros and cons
XTB pros
- Proprietary xStation 5 platform is responsive and consistent across web, desktop and mobile
- Broad stock CFD coverage with transparent ticket-level costs
- No fixed minimum deposit for most standard accounts
XTB cons
- No MetaTrader or cTrader support for traders who rely on those ecosystems
- Primarily a CFD broker, so direct share ownership is not the focus
Section 15
Who is XTB for?
May be suitable for
- Active traders who want a responsive proprietary platform rather than MetaTrader
- Stock and ETF CFD traders who value transparent ticket-level costs
- Traders who want a consistent experience across web, desktop and mobile
- Traders looking for FCA or KNF-regulated access
- Newer traders who find MetaTrader overwhelming and prefer a cleaner interface
May not be suitable for
- Investors who want to hold real underlying shares or ETFs in a custody account
- Traders who depend on MetaTrader indicators, expert advisors or cTrader automation
- Traders who want direct exchange access or depth-of-market tools
- Anyone who needs a full options, futures or bonds offering
- Traders in jurisdictions where XTB's product range is restricted
These are general observations about the broker's characteristics, not personal recommendations. FXSpreadMeter does not assess individual circumstances.
Section 16
What traders say about XTB
Trustpilot Customer Feedback
No verified Trustpilot figures are on file for XTB yet. We publish the TrustScore and review distribution only once they have been pulled from Trustpilot, so nothing here is estimated.
View reviews on TrustpilotTrustpilot ratings reflect customer feedback and are separate from the FXSpreadMeter broker rating. A high Trustpilot score does not mean a broker is safer, better regulated or more suitable for your trading.
FXSpreadMeter reader reviews are coming soon.
We are building our own reader review database. Once live, this panel will show positive themes, common complaints, the review date and the number of reviews analysed for XTB. We do not republish individual reviews or comments from other platforms.
Section 17
Trading risks
CFDs are leveraged and can lose more than you expect
A CFD is a derivative. Small adverse moves are amplified by leverage, and a high proportion of retail CFD accounts lose money.
Leverage caps depend on your entity
The maximum leverage available to you is set by your regulator and client classification, not the marketing headline.
Overnight financing accumulates
Holding leveraged positions for days or weeks can make financing cost exceed the opening spread.
You do not own the underlying asset
Stock and ETF CFDs give price exposure, not ownership, voting rights or dividends in the same form as holding the real instrument.
Product availability varies by jurisdiction
Crypto CFDs, leverage limits and even some stock markets may not be available in your country.
Platform risk
If your strategy depends on xStation specifically, any platform outage or limitation affects your ability to manage risk.
Section 18
XTB FAQ
Section 19
Compare XTB with other brokers
Ready to explore XTB?
Check the current terms for your country and entity on the broker's own site, then weigh them against the rest of our ranking before you commit any capital.
Finished the XTB review?
Open XTB in a new tab to check live terms for your country, or keep comparing before you commit capital.
Data sources: XTB's published fee schedule, terms of use and help centre; Public registers of the relevant financial regulators; FXSpreadMeter's own retail-size pricing observations. Last verified 13 August 2026. Canonical URL: /reviews/xtb-review/
