XTB
Warsaw-founded (2002), publicly listed multi-regulated broker offering its proprietary xStation 5 platform and MT4, with 5,400+ instruments including forex, shares and ETFs.
Key Facts
- Regulation
- FCA, KNF, CySEC, IFSC, CMA, FSCA, DFSA
- Platforms
- xStation 5, xStation Mobile, MT4
- Instruments
- Forex, Indices, Commodities, Shares, ETFs, Crypto CFDs
- Spread from
- 0.6 pips (EUR/USD)
- Commission
- $0 (Forex/indices/commodities) / 0.08% (Stock CFDs)
- Minimum Deposit
- $250 (no minimum for some regions)
- Account Types
- Standard
- Rating
- 3.5 / 5
Features
- Publicly listed on Warsaw Stock Exchange
- Negative balance protection
- FSCS protection up to £85,000
- 4-week demo with £100k virtual funds
Pros
- + Multi-regulated by several tier-1 authorities
- + Publicly listed, high transparency
- + Wide asset selection (5,400+ instruments)
Cons
- − No copy trading or API access
- − Withdrawal fees apply on small amounts
- − Crypto CFDs restricted for UK retail traders
Who it may suit
Based on its account minimums, platform selection and instrument range, XTB tends to suit traders with an established strategy who value execution quality and platform depth. Confirm this against your own goals and risk tolerance before opening an account.
Risk information: Trading with this broker involves risk of loss. Verify current terms, regulation and leverage for your region directly with the broker before opening an account.
Risk warning: Forex and CFD trading involves substantial risk of loss. Content on this site is educational and not financial advice. Read the full disclaimer.