XTB Broker Review: A Deep Dive for Modern Traders

What Is Our XTB Review?

In this comprehensive review, we provide an in-depth analysis of XTB broker, a leading name in the online trading space. We dive into the core aspects that matter most to traders, from the technology they offer to their fee structure and regulatory compliance. Our goal is to equip you with all the necessary information to determine if XTB aligns with your trading objectives. We examine their proprietary xStation platform, the diverse range of available assets, and the unique account features designed for different types of traders.

What Is XTB and What Does It Offer?

XTB is a well-established online brokerage firm with over 20 years of experience and a client base of more than 1.7 million investors worldwide. The company is publicly traded on the Warsaw Stock Exchange, which provides a high degree of transparency. XTB specializes in CFD trading and offers a broad selection of instruments, including stocks, ETFs, Forex, commodities, and indices. The company emphasizes a low-cost structure with 0% commission on stocks and ETFs up to a monthly turnover of €100,000.

Trading Platforms

XTB provides its own flagship platform, xStation 5, which is available as a web app, a desktop application, and a mobile app. The platform is praised for its intuitive interface, robust charting tools, and built-in trading calculator. XTB's platform also features negative balance protection and a clear margin level protection policy, which automatically closes positions if your margin falls below 50%. This helps prevent losses from exceeding your deposited funds.

Trading Instruments & Services

XTB offers a vast selection of over 10,800 instruments, allowing traders to access global markets from a single account.

• Stocks and ETFs: Over 8,200 securities from major markets. XTB offers 0% commission on stocks and ETFs for monthly turnovers up to €100,000.
• Forex, Commodities, Indices: More than 2,500 leveraged CFD instruments are available, with a maximum leverage of up to 1:500 depending on the instrument and regulatory jurisdiction.
• Additional Services: XTB offers a free demo account for practicing strategies, educational courses, and 24/5 customer support via phone, email, and live chat. They also provide interest on uninvested funds, offering competitive rates for GBP, EUR, and USD.

Accounts and Fees

XTB maintains a straightforward fee structure. There is no minimum deposit, which makes it accessible for beginners. The primary costs include spreads and a 0.5% currency conversion fee, which may apply to certain transactions.

• Spreads and Commissions: The cost of trading depends on the account type. The standard account has no commissions on most CFDs, with all costs integrated into the spread. For stock and ETF investing, there is a 0% commission up to a €100,000 monthly turnover.
• Deposit and Withdrawal: XTB provides free deposits and withdrawals, though fees may be charged by the payment provider. We found that withdrawal requests are processed promptly, often on the same business day if submitted before a certain time.
• Inactivity Fee: XTB charges a monthly inactivity fee of €10 if no trades are executed for 12 consecutive months.

What Are the Pros & Cons of XTB?

Based on our analysis, we have identified several advantages and disadvantages of trading with XTB.

FAQs about XTB Login

What should I do if I can't log in to my XTB account?

If you encounter login issues, first ensure you are using the correct email address and password. If the problem persists, try using the “Forgot Password” feature on the xStation or Client Office login page to reset it. Always check that you have a stable internet connection and that you are using the correct platform version (desktop, web, or mobile app).

Is there a separate login for my demo account?

Yes, your demo account has its own login details. Keep in mind that a demo account may expire after a certain period of inactivity, typically 30 days. However, you can always open a new one to continue practicing your strategies.

Is XTB's login process secure?

XTB employs a secure Two-Factor Authentication (2FA) login process to protect client accounts. This adds an extra layer of security, ensuring that only you can access your account, even if your password is compromised. We recommend enabling 2FA for all accounts.

User Feedback

• “I've been with XTB for a few months now, and their xStation platform is a game-changer. It's so much easier to use than other platforms I've tried. The charting tools are powerful, and I appreciate the built-in trading calculator, which helps me manage risk before I even place a trade. My withdrawals have been smooth and fast, too.”
• “The commission-free stocks are a great selling point, but I was surprised by the inactivity fee. I don't trade CFDs actively, so it was a bit of a shock to see the fee deducted. It's a key detail to be aware of, especially if you plan to hold positions for a long time without making new trades.”
• “Customer support is a bit of a mixed bag. I had a technical issue with a trade and had to wait a while to get a response via email. The live chat was more responsive, but it felt like I was being passed around. The overall service is decent, but there's room for improvement in their responsiveness.”