XTB review for 2023

Overall, XTB charges low fees. Read on for the details.

Stock and ETF fees

For stock traders, XTB has a good proposition: trade stocks commission-free up to €100k per month. What makes stock trading expensive at XTB is the 0.5% conversion fee, which is really high. You will pay this fee if - for example - your account is in EUR and you want to buy a US stock for USD.

CFD fees

At XTB, CFD fees are either built into the spread or charged as a commission. If you hold your positions overnight, you will need to pay an overnight fee (also called a financing rate or swap cost).

Inactivity, withdrawal and other fees

You will not be charged for account maintenance and you can deposit and withdraw money from your XTB trading account for free if you use debit card for deposit and you withdraw more than $200. However, if there is no activity on your account for a year, XTB will start charging an inactivity fee of €10 per month.

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76% of retail CFD accounts lose money

• There is only one account type at XTB, called the 'Standard' account.
• Account opening takes 15 minutes with document uploads.

See this guide on what type of documents and info XTB will request to open your account.

If you encounter any problems, reach out to XTB customer support . You can contact them via

• live chat,
• phone,
• and email.

Here's what we think of the XTB customer support after testing the service.

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76% of retail CFD accounts lose money

The minimum deposit at XTB is $0.

When you open an acount at XTB, you can select one of the following base currencies: USD, EUR, GBP, as well as HUF (Hungarian forint) and PLN (Polish zloty).

You can deposit money to your XTB trading account via:

• bank transfer,
• credit/debit cards,
• e-wallets (Skrill/Paysafe, SafetyPay, Neteller).

Deposits by bank transfer and credit/debit card are free, the fee for using an e-wallet is 1-2% of the deposited amount.

Check out this step-by-step guide on how to deposit money at XTB..

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76% of retail CFD accounts lose money

You can withdraw money from your XTB account free of charge above a certain amount (typically $50 or €200, depending on your country).

XTB only supports withdrawal by bank transfer. The money will be transferred to your bank account in one business day in most cases.

Compare withdrawal costs and coditions at XTB.

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76% of retail CFD accounts lose money

Is XTB a safe choice? How can I tell if XTB is a safe broker?

• XTB has a relatively long track record having been established in 2002. It has successfully survived previous financial crises.
• XTB is listed on the Warsaw Stock Exchange, which is a big plus in terms of safety as the broker needs to comply with certain regulatory requirements and must release its financial statements regularly and transparently.
• XTB is overseen by the UK's FCA, one of the most respected regulators worldwide.
• As an extra measure of security, XTB clients are entitled to negative balance protection. Negative balance protection means that you can't lose more money than what is on your account, i.e. you won't owe any money to your broker if your leveraged trades go south.

What happens if XTB goes bankrupt?

In the unlikely event of insolvency, you may be eligible for compensation from your country’s investor compensation scheme.

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76% of retail CFD accounts lose money

XTB has its own trading platform, called xStation 5. The MetaTrader 4 and MetaTrader 5 trading platforms are not available at XTB.

We tested the XTB app as well as the Web and desktop platforms with real money. See how we liked the experience in the articles below.

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76% of retail CFD accounts lose money

XTB is a good choice for beginners. The trading platforms are easy to use, the fee structure is straightforward and the broker runs a superb education section. You can learn about trading and investing using the following tools:

• Demo account
• Platform tutorial videos
• General educational videos
• Webinars
• Quality ebooks and educational articles

Still wondering whether XTB is good for beginners? See what our experts have to say about it. We also put together a detailed guide on the various educational tools available at XTB.

If you are not convinced that XTB is a good broker for you, continue reading to see the best alternatives that our team of experts recommends.

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76% of retail CFD accounts lose money

XTB is a great choice for CFD and FX traders globally as the broker charges low fees for trading CFDs and FX. Europeans can also buy and sell stocks and ETFs commission-free up to €100k per month.

If, for some reason, XTB is not the broker you are looking for, here are some other brokerages that have a similar profile but still offer different services.

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76% of retail CFD accounts lose money

Not sure what some of the terminology means? Here are the most important and relevant terms used in our review:

CFD: short for contract for difference. When you trade CFDs, you speculate whether the price of a particular financial asset (i.e. a stock index, commodity or a currency pair) will increase or decrease in value. You essentially bet on whether the price will rise or fall and if your bet is right, your trade will make a profit.

Deposit fee: a fee that is charged when you send money to your trading account at a broker. The fee may differ depending on the method of transfer (i.e. bank card, bank transfer, e-wallets, etc.).

Inactivity fee: a fee that is charged when a customer has not done any buying or selling on their brokerage account for a specific amount of time determined by the brokerage.

Investor protection: a guarantee that - up to a certain limit - you will get your money back if the broker goes bankrupt or commits fraud. Read more details about investor protection.

Non-trading fees: charges not directly related to trading, such as deposit/withdrawal fees or the inactivity fee.

Overnight fee: also called overnight rate, financing rate or swap fee. It is a brokerage fee charged when you hold a leveraged position for more than a day. If you open an Islamic/swap-free account, you won’t pay overnight fees, but usually you will pay higher spread fees.

Regulators: entities typically established by governments to oversee the functioning and fairness of financial markets. They lay out rules and regulations for financial market participants to ensure investors are not fooled by scams, and in case of wrongdoing, they try to provide some level of financial and legal backing.

Spread: the difference between the buy and the sell price, or in other words, the bid and the ask price.

Trading fees: fees charged by your brokers when you make a trade. Trading fees include commissions, spreads, financing rates, margin rates or conversion fees. For a better understanding of these very important charges, head on to our article on brokerage fees.

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76% of retail CFD accounts lose money

Free or premium? Or both?

A glance at actual costs and whether XTB is really free.

Looking for commission and fees data for XTB?

We collected them in XTB commission and fees.

Are you interested in trading stocks?

See how much stock trading costs, and what stocks are available at XTB.

I want to trade options, are they available at XTB?

We explored the topic in Can you trade options on XTB?

Should you buy your silver bullets on XTB?

Research for silver bugs in the Silver buy on XTB guide.

What is the minimum account balance at XTB?

Check out the current account balance requirements at XTB in our What is the minimum account balance at XTB article.

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76% of retail CFD accounts lose money