X-Trade Brokers (XTB) Review

XTB (X-Trade) is one of the largest FX, CFD & stock exchange-listed brokers in the world, providing access to hundreds of global markets and serving over 275,000 retail clients across the world.

XTB has been around for over 15 years and has continued to provide clients with an outstanding brokerage experience which includes low-cost trading, ultra-tight spreads, clients account protection, wonderful customer support service and more.

XTB Broker Details

BrokerX-Trade Brokers (XTB)
Established2002
Head OfficeOgrodowa 58, 00-876 Warszawa, Poland
RegulationsFCA, CySEC, PFSA, IFSC, PFSA
Publicly ListedYes
Broker TypeSTP, ECN, DMA
Product OfferingCFDs, Stocks
Trading PlatformsxStation 5, MetaTrader 4, xStation Mobile
Asset ClassesForex, Indices, Commodities, Stocks CFDs, ETFs CFDs, Crypto.
Minimum Deposit£250/ €250/ $250
Account CurrenciesEUR, USD, GBP, HUF.
Maximum LeverageProfessional – 1:500
Retail – 1:30
Pricing ModelSpreads and Commissions
Lot SizesMini, Micro, Standard.
Account Funding &
Withdrawal Methods
Bank Transfers, Credit Card and E-Wallets
Demo AccountAvailable
ScalpingYes
HedgingYes

XTB License and Regulation

XTB is licensed and regulated by some of the biggest financial regulatory authorities around the world, these include;

  • Financial Conduct Authority (FCA) under license number 522157. (United Kingdom)
  • Cyprus Securities and Exchange Commission (CySEC) under license number 169/12 as of 2018. (Europe)
  • Belize International Financial Services Commission (IFSC) under license number /60/413/TS/19.
  • The Polish Financial Supervision Authority (PFSA) under license number DDM-M-4021-57-1/2005. (Poland)
  • The Comisión Nacional del Mercado de Valores under license number 40. (Spain)

XTB Account Types

XTB offers a simple account structure, with different account types tailored to suit specific trading conditions. The account types available include;

  • Standard Account
  • Pro Account

XTB Customer Support

XTB provides it’s with one of the best customer support services in the trading industry, providing clients with an impressively friendly customer support service. The support team is available 24/5 and can be reached via live chat, telephone and email.

Even better, XTB offers a multilingual customer support service, ensuring their customers worldwide receive quality customer support service in their native language.

XTB Pros & Cons

PROS
  • Regulated by top tier financial regulatory authorities around the world including FCA, KNF, CySEC, and IFSC.
  • Low FX trading cost.
  • Great customer support service.
CONS
  • Non-FX fee are higher compared to the other industry standard brokers.
  • Traders from US are not accepted.
  • Does not offer guaranteed stop loss orders (GSLO).