XTB withdrawal at a glance

Whether you are using an online broker for short-term trading or for longer-term investments, there will come a point when you may want to enjoy the fruits of your trading activity if you've been making profitable transactions, or you just need access to your funds for any reason. To do that, first you have to withdraw money from your broker account.

That doesn't sound very complicated, but brokers differ considerably in what withdrawal options they offer (such as bank transfer or credit/debit cards), as well as in the speed and convenience of withdrawal. And while withdrawal at many brokers is free in most cases, some brokers and some types of withdrawals may involve a fee.

So how does XTB fare in this regard? Before we dive into the details, let us show you at a glance how you can withdraw money from XTB and how XTB's withdrawal fees and options compare to some of its close competitors.

XTB withdrawal fees and options snapshot
XTB eToro Trading 212
Bank transfer Yes Yes Yes
Credit/debit card No Yes Yes
Electronic wallets No Yes Yes
Withdrawal fee Free for withdrawals above $50-$200, depending on your country of residence $5 withdrawal fee Free withdrawal

How to withdraw money from XTB
XTB withdrawal options

Withdrawal via bank transfer is by far the most common option. It is available at basically all brokers, and XTB is no exception.

However, bank transfer is the only withdrawal option available at XTB, putting it at a slight disadvantage over brokers that also offer withdrawal to credit/debit cards or electronic wallets.

Speed also matters. Unlike some deposit options, withdrawal is rarely instant. It usually takes at least 1 business day, but often several business days for your money to arrive.

We tested withdrawal at XTB and it took us 1 business day. It doesn't really get any better than this!

To withdraw money from XTB, you need to go through the following steps:

  • Log in to your account
  • Select 'Withdrawal' or 'Withdraw funds' from the appropriate menu
  • Select the withdrawal method and/or the account to withdraw to (if more than one option is available)
  • Enter the amount to be withdrawn, and, if prompted, a short reason or description
  • Submit your request

Please note that you may only withdraw money to accounts that are in your name.

How to withdraw money from XTB
XTB withdrawal fees

While depositing money to a brokerage account is free in most cases, this is not necessarily always true for withdrawals. International bank transfers and wire transfers in particular can sometimes incur high fees, so always check carefully if this is something that would apply to your transactions.

We have good news for you: basic withdrawal at XTB is free of charge. See the table below for details and possible exceptions, as well as how XTB compares with some of its immediate competitors.

XTB withdrawal fees
XTB eToro Trading 212
Domestic bank withdrawal Free for withdrawals above $50-$200, depending on your country of residence $5 withdrawal fee Free withdrawal
International bank withdrawal Free for withdrawals above $50-$200, depending on your country of residence $5 withdrawal fee Free withdrawal
Credit/debit card withdrawal Not available $5 withdrawal fee Free withdrawal
Electronic wallets withdrawal Not available PayPal withdrawal costs $5 Free withdrawal

How to withdraw money from XTB
Bottom line

XTB withdrawal is free of charge in most cases. However, you can only do it via bank transfer; other convenient options such as withdrawal to credit/debit cards or electronic wallets are missing.

To see how XTB's withdrawal fees and options stack up against the rest of the brokerage market, check out our broker comparison tool.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Broker Expert

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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