Our top-rated Forex brokers
Start trading here
Learn to trade with no risk
Tight spreads and low commissions
Trade with Direct Market Access
Increase your buying power
Best accounts for Muslim traders
Fixed spreads & instant execution
Find a platform that works for you
The top MT4 brokers in the UK
Best MT5 Brokers in the UK
The top cTrader brokers in the UK
Copy professional traders
Tax-free trading
Trade on the go from your phone
Trading from UK? Discover our top-rated brokers here!
Trading from USA? Discover our top-rated brokers here!
Trading from Canada? Discover our top-rated brokers here!
Trading from Japan? Discover our top-rated brokers here!
Trading from Dubai? Discover our top-rated brokers here!
Trading from Thailand? Discover our top-rated brokers here!
Trading from Vietnam? Discover our top-rated brokers here!
Trading from Indonesia? Discover our top-rated brokers here!
🏦 Min. Deposit | GBP 0 |
🛡️ Regulated By | CySEC, FCA, DFSA, FSC |
💵 Trading Cost | USD 7 |
⚖️ Max. Leverage | 30:1 |
💹 Copy Trading | Yes |
🖥️ Platforms | xStation5 |
💱 Instruments | Commodities, Stock CFDs, ETFs, Forex, Indices, Shares |
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.
A well-regulated broker, XTB will appeal to traders looking for a wide choice of tradable instruments, low trading fees and innovative platform tools. However, traders should note that support is only offered for XTB’s in-house platform, xStation5. In 2023, XTB launched a stockbroking service exclusively for UK residents. Investors can now purchase a range of 3000+ global shares with no commission on the first 100,000 EUR in traded volume.
In terms of CFD trading, XTB has a single account with no minimum deposit requirement, and trading costs are lower than most other brokers, with spreads averaging 0.9 pips (EUR/USD) and no commissions. XTB offers trading on over 2100 CFDs, a wider range than is typically seen at other brokers, including 57 Forex pairs. Educational support for beginners is adequate, and XTB also publishes frequent market commentary and trading ideas in its Market News section.
One drawback is that XTB no longer supports the MT4 trading platform. Hence, all clients must use XTB’s proprietary platform, xStation 5 – though it has won awards for its functionality and intuitive design and our review team loved how easy it was to learn and use.
🏦 Min. Deposit | GBP 0 |
🛡️ Regulated By | CySEC, FCA, DFSA, FSC |
💵 Trading Cost | USD 7 |
⚖️ Max. Leverage | 30:1 |
💹 Copy Trading | Yes |
🖥️ Platforms | xStation5 |
💱 Instruments | Commodities, Stock CFDs, ETFs, Forex, Indices, Shares |
With regulation from some of the world’s top regulators and a listing on the Warsaw stock exchange, XTB has a high trust rating.
Regulation: Founded in 2002 in Poland, XTB Group is an umbrella group for many subsidiaries regulated by different national authorities across the globe. Residents of the UK will be onboarded through its British-based entity regulated by the Financial Conduct Authority, one of the world’s best regulators. XTB is also a publicly listed company that adheres to strict capital requirements and is subject to external audits, adding another layer of security.
Safety Features: XTB ensures that all client funds are held in segregated accounts at tier-1 banks. It also offers negative balance protection to all clients, so traders can never lose more than they have in their trading accounts.
XTB also participates in an investor protection scheme, and residents of EEA countries such as the UK receive investor protection up to 85,000 GBP.
We confirmed the licence on FCA’s register. See the licence below:
We were impressed that XTB offers a much wider range of tradable instruments than other similar brokers.
Overall, the range and depth of tradable instruments available at XTB are more extensive than that of other brokers and should satisfy most traders.
Although XTB only offers one live account, its trading fees are significantly lower than average.
Trading Fees: XTB’s account has no minimum deposit requirement, making it accessible to all traders. Its trading fees start at 0.35 pips (EUR/USD), and average at around 0.7 pips, which is extremely low for the industry, and no commissions are charged. Most other brokers have an average spread of 1 pip (EUR/USD) on their commission-free accounts.
See below for account details:
Account Details:
XTB’s account is a market-execution account with no minimum deposit requirement or commission and spreads average at 0.7 pips (EUR/USD), which is low for the industry. Leverage is limited to 30:1 on major Forex pairs, and the minimum trading order size is 0.01 lots.
Following a decision to move away from MT4, XTB now only provides its own xStation 5 trading platform, but it has many of the same features offered on MT4.
XTB only offers support for xStation5, but it offers an excellent mobile trading experience.
Following a move away from MT4 (customer service was unable to give us details on why this is the case), XTB has focused its efforts on developing its proprietary xStation5 platform. Winning Best Mobile App for Investing 2019 & 2020 (Rankia Awards), XTB has successfully built an intuitive, powerful, and fast trading platform.
A mobile version of the xStation5 application is available, which seamlessly connects to the application’s desktop version and is available on Android and iOS mobile devices and tablets. The mobile app is well-designed, has excellent search functionality, and allows traders to work from anywhere, close and modify existing orders, and calculate profit/loss in real time.
xStation 5 offers many of the same advanced trading features found in MetaTrader 4, but the xStation5 platform adds the XTB touch. It introduces XTB sentiment data directly into the platform, so traders can view the percentage of clients trading long or short and on which instruments. It also offers powerful charting tools, one-click trading, stop-loss functionality, multiple order types, price alerts, and real-time performance statistics so you can evaluate your trading moves and identify areas for improvement:
![]() | ![]() | ![]() |
Traders can also access market news, educational materials, and the economic calendar from within the app, which is very convenient:
![]() | ![]() | ![]() |
Overall, XTB’s mobile trading app provides an excellent trading experience.
With only XTB’s in-house platform, xStation5, available, XTB offers fewer trading platforms than other brokers. Most other brokers offer third-party platforms such as MT4, MT5, and cTrader.
Many other brokers offer support for third-party platforms such as Metatrader 4 and Metatrader 5, which is an advantage for forex traders who want to take their own customised versions of the platform with them should they choose to migrate to another broker.
XTB offers automated trading through open API, but this is a more technical undertaking than using Expert Advisors on MT4 and MT5.
Like the mobile app, traders have access to powerful charting tools and indicators, can receive price alerts, and it has excellent stop-loss functionality:
Another useful feature of the platform is the economic calendar, which highlights the key economic events which can be filtered by country and impact:
Overall, while XTB’s platform support is limited, xStation5 has won many awards, offers some great features, and is beginner-friendly.
Platform Comparison:
XTB provides a limited range of funding options compared to other big brokers, and it charges fees on some deposit and withdrawal methods.
A well-regulated broker, XTB does not process payments to third parties. All withdrawal requests from a trading account must go to a bank account or a source in the trader’s name.
Trading Account Currencies: XTB only allows trading accounts to be denominated in USD, EUR, GBP, and HUF, which is limiting for traders, but an advantage for UK residents, who will likely have bank accounts denominated in GBP. British traders will therefore be able to avoid paying conversion fees unless trading on instruments with other base currencies, such as the EUR/USD.
Deposits and Withdrawals: There are several ways to deposit funds into your trading account, and some of these methods may incur additional charges. All deposits except for bank transfers are instant; you will see this reflected in your account balance immediately. Bank transfers from the UK/EU are normally added to your account within one working day.
The standard processing time for withdrawal requests is the same day if submitted before 1 pm, and withdrawals of less than 100 USD will be charged an additional commission of 20 USD.
See below for more details on payment methods:
How do you withdraw money from XTB?
Overall, XTB provides a limited number of funding methods and charges fees for some deposit and withdrawal methods.
The account opening process at XTB is user-friendly, and accounts are ready for trading within one day.
All UK residents are eligible to open an account at XTB. While there are no minimum deposit requirements to open an individual account, corporate accounts require a 15,000 EUR minimum deposit. See below for account-opening details:
XTB offers a limited number of online trading tools compared to other brokers, and these are only available from within the xStation5 platform.
Most other large brokers offer various technical analysis tools, such as Autochartist and Trading Central, and copy trading tools and VPS services. XTB only provides a few tools through its xStation5 platform:
Overall, the number of trading tools available at XTB is underwhelming compared to what is offered by other brokers.
Trading Tools:
XTB has some of the best training materials available for beginners. It has various courses, and the material is clear, concise, and well-structured. One-to-one mentoring, dedicated account management, webinars, and 24/5 customer service present XTB traders with a fluid onboarding experience.
The educational materials available at XTB are limited, but is of high quality and is easy to find.
Library: XTB’s library is comprehensive and comprises short articles covering Platform and Account tutorials in addition to trading-related subjects such as Fundamental Analysis, Technical Analysis, and Trader Questions.
Webinars: XTB offers frequent webinars with live market analysis, demonstrated on XTB’s trading platform xStation 5, followed by a live discussion, where traders get to chat with XTB’s market analysts and account managers.
Demo Account: XTB also offers a demo account with virtual funds, but unfortunately, the demo expires after 30 days. Demo accounts are a great way to practice trading in a risk-free environment, allowing traders to familiarise themselves with XTB’s platform.
Education Comparison:
XTB’s market analysis materials are comprehensive and provide actionable trading ideas.
XTB provides frequent market commentary and trading ideas in its Market News section. Most market news is available to all visitors and provides actionable trading information. However, some of the premium education and market analysis materials are only available to live account holders.
Traders receive multiple updates throughout the trading day, consisting of brief fundamental summaries, technical trading alerts, and the Trade of the Day. Some content is text-only, and the rest includes charts and trading ideas.
XTB also offers an economic calendar, a comprehensive log of all scheduled macroeconomic releases, including a potential impact rating, and detailed historical data to help traders predict the results on corresponding markets.
XTB operates a 24/5 customer support desk, with contact available via email, live chat, WhatsApp, and phone support. As mentioned, XTB also operates an open-door policy so customers can visit any of their offices. Notably, XTB has 20 local branches.
Customer support is offered in English, Spanish, Arabic, French, Italian, Portuguese, Russian, Chinese, German, Polish, Czech, Slovak, Romanian, and Hungarian.
Overall, we found the live chat support responsive, polite, and able to answer most of our questions.
Regulation: XTB is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), the Belize International Financial Services Commission, the Komisja Nadzoru Finansowego (KNF) in Poland, and the Comisión Nacional del Mercado de Valores in Spain. In addition, XTB is listed on the Warsaw Stock Exchange and is required to regularly disclose its financials. See below for a list of XTB-registered companies:
Awards
XTB has won many industry awards, including:
Overall, considering its long history of responsible behaviour, strong international regulation, and strict internal processes, XTB is a safe broker to trade with.
We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process, which includes a detailed breakdown of the XTB offering. Central to that process is the evaluation of the broker’s reliability, the broker, the platform offering of the broker, and the trading conditions offered to clients, summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.
Trading Forex is risky, and each broker must detail how risky the trading of Forex CFDs is to clients. XTB would like you to know that: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
A well-regulated broker, XTB offers trading on a wider range of assets than other brokers, including Forex, share CFDs, ETFs, commodities, and indices. XTB offers only one live account type but lower than average trading costs and only offers trading on its proprietary platform, xStation5, which provides a great range of innovative trading tools.
Find out how XTB stacks up against other brokers.
This form has double opt in enabled. You will need to confirm your email address before being added to the list.
Session expired
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.