Does XTB have a minimum deposit requirement?
Are you looking to open an account at XTB, but have only limited funds to invest? Wondering whether XTB requires a minimum deposit to start trading?
The good news is that XTB has no minimum deposit requirement, so you can easily start trading with as little money as you wish.
Together with my brokerage analyst colleagues, I have thoroughly tested the services of XTB by opening a real-money account. Here's what you need to know about depositing at XTB as of December 2024:
- The minimum deposit at XTB is $0 - a great feature.
- You can choose from multiple base currencies.
- You can deposit your funds via multiple methods but fees may apply.
-
Depositing money at XTB is an easy process.
-
For detailed conditions, explore our comprehensive XTB review.
Visit broker
76% of retail CFD accounts lose money
All you need to know about deposit requirements at XTB
Once you have decided to open an account at XTB and completed both the registration and verification process, you need to fund your account to be able to begin trading.
At XTB, the minimum deposit is $0. This means that you can deposit as little money as you wish.
Brokers that don't require a minimum deposit do so to encourage people to try their services without requiring a large initial commitment. Many brokers no longer require a minimum deposit nowadays; so if you want to compare XTB and its rivals along other criteria, you can do so using our broker comparison tool.
So what if you made a deposit but decide later that you want to switch brokers and invest your money elsewhere? No worries - you can always opt out and withdraw your funds. All you need to keep in mind are applicable withdrawal fees and withdrawal times.
At XTB, there are no withdrawal fees and it usually takes 1 day to receive your funds; though sometimes withdrawal might take a bit longer, depending on the method you use.
What base currencies are available at XTB?
At XTB, the following base currencies are available: EUR, USD, GBP, HUF, PLN. If possible, try to deposit money to your brokerage account in your account's base currency.
Why is that important? If you fund your trading account in the same currency as your bank account, you won't have to pay a conversion fee. Conversion fees apply if the bank account or card you're using for depositing is denominated in a different currency than your brokerage account.
A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank.
Visit broker
76% of retail CFD accounts lose money
Deposit options at XTB: what's available and what does it cost?
At XTB, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards, Paysafe, Skrill, ecommpay, PayU, PayPal. All these options are great; choose the one that's most convenient for you to be able to start trading.
Broker | Bank transfer |
---|---|
XTB | |
eToro | |
Capital.com |
XTB charges no deposit fees for bank transfers. This is great because the broker won't deduct anything from your deposits, and you only have to calculate with the costs charged by your bank or other third-party financial service you send the money with.
However, remember that some brokers may charge a fee for deposit methods other than bank transfers, such as debit/credit card transfers or deposits via electronic wallets.
There is also a difference in typical transfer times for various deposit methods. Credit/debit card and e-wallet transfers are usually instant, but bank transfers may take 2-3 business days to arrive.
Imagine you're closely monitoring financial markets and spot a good trading opportunity you want to act upon right away. But what if there's not enough money in your broker account? In such cases, instant deposit methods like debit/credit card or electronic wallet transfers can come in handy. These can help you replenish your broker account immediately and react to market movements quickly and effectively. If this is important to you, consider opening an account with a broker that accepts instant deposit methods such as cards or e-wallets.
Visit broker
76% of retail CFD accounts lose money
It's easy to deposit money to your XTB account
Making an initial deposit to your brokerage account can sound like a difficult task, but actually it's fairly easy. Just follow our step-by-step guide for depositing money and shortly you'll be ready to start trading:
- Log in to XTB's client area
- Look for the 'Deposit' or 'Funding' menu
- Choose your funding method
- Enter the amount to be deposited and other necessary details for the transaction
- Double-check if payment details are correct
- If all looks OK, click to submit your deposit request
If you get stuck during the process, you can always reach out to XTB's customer support. At XTB, customer support can be reached via live chat, phone and email. Alternatively, you can drop a message on our Forum.
Visit broker
76% of retail CFD accounts lose money
Get to know XTB and its best alternatives
For comprehensive insights into trading conditions, costs and overall service quality at XTB, turn to BrokerChooser's XTB review for 2024. Our analysis is based on nearly 600 individual data points as well as first-hand experience. We analyze brokers by opening a live account and executing trades on their platforms using real money, which helps us understand and evaluate the full spectrum of their services.
If you want to explore the best alternatives for XTB in your country, head over to our Compare Broker tool, where you can compare brokers by filtering for various criteria including minimum deposits, fees, tradable products and more.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Can you use PayPal to deposit at XTB?
- Does XTB support Skrill?
- How to withdraw money from XTB: methods and costs
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.