XTB has been around since the early noughties and is today one of the largest stock-exchange listed online brokers in the world. This broker has recieved a lot of praise for its transparent cost structure and speed of order execution. XTB is especially popular in Europe, but is available in certain other parts of the world as well, including Latin America.

XTB will give you access to 1,500+ instruments and two different trading platforms: the widely utilized MT4 and XTB’s own proprietary platform xStation 5.

XTB have their own professional analysis team that provides analytical services to the traders. This team captured the #1 EMEA Bloomberg spot for FX accuracy in Q3 of 2018.

Headquartered in London, XTB has an open door policy for traders and even hosts Trading Clubs in the Canary Wharf.

Short facts about XTB

• Website:  https://www.xtb.com/int
• Established: 2002
• Regulation: UK Financial Conduct Authority
• Exposure to: CFD, Forex, Cryptocurrency, Equities, Indices, ETF
• Minimum deposit: 250 USD
• Minimum trade size: 0.01 lot
• Demo account: Yes
• Islamic account: No
• Trading platform: xStation 5
• MT4 integration: Yes
• Mobile trading apps: Yes, for iOS and Android
• Auto trading: No
• Trade signals: No’

CFD trading at XTB

Stocks spread: 0.2% var

FTSE spread: 0.08%

GBP/USD CFD spread: 0.1 pip

Oil spread: 0.03

Forex

Number of available currencies: 50+

EUR/GBP spread: 0.1 pip

GBP/USD spread: 0.1 pip

EUR/USD spread: 0.2 pip var

Cryptocurrency

Examples of available cryptocurrencies: ADA, BTC, BCH, DSH, EOS, ETH, IOTA, LTC, NEO, TRX, XEM, XLM, XRP, XMR

XTB offers both governmental currency – cryptocurrency pairs and intra-crypto pairs (such as ETH/BTC and DSH/BTC).

BTC spread: 0.5%

ETH spread: 1.4%

CFD:s based on equities

At XTB, you can buy CFD:s based on over 1,500 different equities. The equities are company shares, chiefly from companies listed in Europe or North America.

Indices

Through CFD trading at XTB, you can make money on the fluctuation of 20 different well-known indices.

Commodities

Through CFD trading, you can gain exposure to a variety of commodities, including coffee, wheat, oil, aluminium, nickle, copper, silver, gold, and platinum.

ETF

ETF is short for Exhange Traded Fund, i.e. a fund where the shares are listed on an exchange. XTB is offering CFD:s based on a careful selection of well-etablished ETF:s that invest in various industries.

Trading platform

The trading platform utilized by XTB is called xStation 5.

While not as famous as the giants MetaTrader 4 & 5, it is quite popular among traders and was voted ‘Best Trading Platform 2016’ by the Online Personal Wealth Awards.

The average execution time is just 85 milliseconds, and the platform has been hailed for its reliable and quick executions with no requotes.

While many other trading sites and platforms will charge you extra for market audio commentary, that service is available for free at xStation5.

Trading on mobile devices

The xStation 5 is available for smartphones, tablets and smartwatch.

You can opt-in to XTB’s free Mobile Trade Alert service, and get rapid alerts from market analyst David Cheetham via Whatsapp.

XTB account types

There are three account types availabe for CFD traders at XTB: Basic Account, Standard account, and Professional Account. Both Basic and Standard are for retail traders. The Professional Account is for professional clients only and you have to fulfill certain requirements to qualify.

Basic Account

The Basic Account is similar to the Standard Account, but with fixed spreads (minimum 0.35) and instant executions.

Product	CFDs
Spread	Fixed
Execution	Instant
Leverage	30:1
Account Mgmt And Setup	Free
Minimum Spread	0.35
Stop And Order Limit	Yes
Instruments	Forex, Indices, ETFs, Commodities, Shares
Stop out level margin	30.00%
Minimum initial deposit	£250 / $250 / €250

Standard Account

The Standard Account have floating spreads and market execution. The minimum spread is 0.28 which is lower than for the Basic Account.

Product	CFDs
Spread	Floating
Execution	Market
Leverage	30:1
Account Mgmt And Setup	Free
Minimum Spread	0.28
Stop And Order Limit	Yes
Instruments	Forex, Indices, ETFs, Commodities, Shares
Stop out level margin	30.00%
Minimum initial deposit	£250 / $250 / €250

Professional Account

With a professional account, you can get 200:1 leverage even within the European Union, since you laws aiming to protect retail traders doesn’t pertain to you.

Product	CFDs
Spread	Market
Execution	Market
Leverage	200:1
Account Mgmt And Setup	Free
Minimum Spread	Lowest (Var)
Stop And Order Limit	Yes
Instruments	Forex, Indices, ETFs, Commodities, Shares
Stop out level margin	30.00%
Minimum initial deposit	£250 / $250 / €250

Spreads, commissions, etc

The spreads and commissions depends on account type and trade type.

ETF trading and equity trading is known to have a somewhat higher commission here than the industry average among similar online trading platforms.

Transactions

Examples of acceted transaction methods:

• Major credit and debit cards
• PayPal
• Skrill
• Certain other eWallets

Deposits

Unlike many other online trading sites, XTB will charge you a deposit fee on deposits made through PayPal, Skrill, and other eWallets. The deposit fee is 2% of the deposited amount. If you use a credit or debit card, you can make a deposit without XTB charging you a deposit fee – but only if you deposit in EUR, USD or GBP.

Withdrawals

Withdrawals are made to your bank account.

Withdrawal requests are processed on business days. If you want your withdrawal request processed the same day, make sure it arrives before 01:00 pm GMT. Requests made after that will not be processed until the next business day. Withdrawals that are not EUR, GBP or (domestic) HUF can take longer to process.

Customer support

You can reach the support through phone, email and live chat.

The support is staffed around the clock, five days a week.

Support is available in the following languages:

• Czech
• Chinese
• English
• French
• German
• Hungarian
• Italian
• Portuguese
• Polish
• Russian
• Romanian
• Spanish
• Slovakian
• Turkish

Excluded countries

Examples of excluded countries are United States, Canada, Cuba, Australia, Japan, Singapore, India, Pakistan, Mauritius, Ethiopia, Kenya, Uganda, Israel, Iraq, Iran, Syria, Turkey, Slovakia, and Bosnia & Herzegovina.

Traders can not use XTB from excluded countries.