74% of retail investor accounts lose money when trading CFDs with this provider.
Key facts
- Regulation: XTB Limited — FCA, FRN 522157 (group also regulated by KNF in Poland and others)
- Founded: 2002, Poland; parent listed on the Warsaw Stock Exchange
- Platform: xStation 5 (web, desktop, mobile)
- EUR/USD: around 0.5 pips on average
- Minimum deposit: none
Who is XTB?
XTB was founded in Poland in 2002 and its parent company is listed on the Warsaw Stock Exchange. XTB Limited, based in Canary Wharf, is the FCA-authorised entity for UK clients. Alongside CFDs, XTB lets clients invest in real shares and ETFs.
Platform: xStation 5
xStation 5 is XTB's own platform and the only one it offers. It's fast and well designed, with built-in market sentiment, a stock screener, economic calendar and clear risk calculations on every order ticket. XTB has discontinued MetaTrader 4, so Expert Advisor users need another broker.
Costs
Forex CFDs are commission-free on the standard account, with EUR/USD spreads averaging around 0.5 pips according to recent third-party tests. Overnight financing applies to positions held past rollover. Check XTB's fee page for current details.
Pros and cons
Pros
- Excellent xStation 5 platform
- No minimum deposit
- Listed parent company
- Real shares and ETFs alongside CFDs
Cons
- No MetaTrader
- No spread betting account highlighted for UK clients — check availability
- Higher share of losing retail accounts than some rivals
Verdict
XTB is a strong choice for newer traders who want an intuitive platform and a single account for trading and investing. Active MT4 traders are better served by brokers such as Hantec Markets.
Frequently asked questions
Is XTB regulated in the UK?
Yes. XTB Limited is authorised and regulated by the FCA (FRN 522157).
Does XTB offer MetaTrader 4?
No. XTB has discontinued MT4 and offers its own xStation 5 platform.
Is there a minimum deposit at XTB?
XTB doesn't require a minimum deposit for UK clients.
Is XTB safe and legit?
XTB serves UK clients through an FCA-authorised entity, which must segregate client money, provide negative balance protection to retail clients and give eligible clients access to the Financial Ombudsman and FSCS. As with any leveraged product, your trading capital is still at risk.
CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading these products. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money.