XTB
XTB is a publicly listed broker (WSE: XTB) authorised by the FCA (firm reference 522157) for UK clients, offering commission-free stock investing and competitive forex spreads via its proprietary xStation 5 platform.
#20/30|EUR/USD all-in: $8.00/lotSpread Index- EUR/USD spread
- 0.8–1.3 pips (from 0.8 at the EU/UK entities; 1.3 standard spread at XTB International)
- Min deposit
- None
- Max leverage
- Up to 1:30
- Regulators
- FCA
- Platforms
- xStation 5, xStation Mobile
No partner link for XTB in your region — editorial link only, no commission.
xtb.comCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Quick Answer
XTB is a publicly listed broker (WSE: XTB) authorised by the FCA (firm reference 522157) for UK clients, offering commission-free stock investing and competitive forex spreads via its proprietary xStation 5 platform. With an overall score of 8.8/10, it is best suited for beginners as well as risk-conscious traders. Key features: FCA-authorised for UK clients (firm reference 522157); Commission-free real stock and ETF investing; xStation 5 is a modern, award-winning proprietary platform.
Based on our independent 2026 evaluation of XTB across 8 scoring dimensions.
Latest News
XTB in the News
FCA Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Key Facts
Min Deposit
None
EUR/USD Spread
0.8–1.3 pips (from 0.8 at the EU/UK entities; 1.3 standard spread at XTB International)
Max Leverage (Retail)
Up to 1:30
Commission
None (0% commission on CFDs)
Platforms
xStation 5, xStation Mobile
Regulators
FCA
Last verified
8 July 2026 · Markets Desk
Verified XTB's three-regulator licence stack against the KNF, FCA and CySEC registers on 8 July 2026. EU retail clients are onboarded through XTB S.A. (Warsaw), holding the KNF brokerage authorisation DDM-M-4021-57-1/2005 granted in November 2005; the Cyprus entity XTB Ltd (CySEC CIF 169/12, authorised April 2012) passports into the wider EEA, and XTB Limited (FCA FRN 522157) covers UK retail. XTB S.A. has been publicly listed on the Warsaw Stock Exchange since 2016, so audited annual reports and capital-adequacy figures are public — a strong E-E-A-T signal. ESMA-compliant leverage caps, negative-balance protection and the 0%-commission real-stock offer on the proprietary xStation 5 platform were confirmed against XTB's own regulatory disclosures.
Sources reviewed
Facts confirmed
- KNF brokerage licence DDM-M-4021-57-1/2005 active for XTB S.A. (granted 8 November 2005), the Warsaw-headquartered EU parent entity(KNF register (Polish Financial Supervision Authority))
- FCA FRN 522157 active for XTB Limited (UK retail; England & Wales company 07227848)(FCA Financial Services Register)
- CySEC CIF licence 169/12 active for XTB Ltd (Cyprus, authorised 18 April 2012), MiFID-passported into the wider EEA(CySEC Investment Firms Register (XTB Ltd))
- Parent XTB S.A. publicly listed on the Warsaw Stock Exchange (ticker XTB) since 2016, with audited annual reports and capital ratios public(XTB Group investor relations)
- EU retail investor compensation via the Polish KDPW compensation system (KNF entity) and the Cyprus ICF up to EUR 20,000 (CySEC entity)(XTB regulatory disclosure ("Is XTB regulated?"))
- ESMA-compliant 30:1 retail leverage cap on major FX pairs and negative-balance protection for retail clients(XTB regulatory disclosure ("Is XTB regulated?"))
- Proprietary xStation 5 platform with 0%-commission real stock and ETF investing (offer introduced 2020) and no minimum deposit(XTB company profile)
We verify each broker against primary regulator registers and the broker's own published documentation. We do not maintain live trading accounts with every broker. Where a claim requires observation we cannot make ourselves (live spread snapshots, platform UX), we cite the broker's published documentation and flag any unverifiable claim plainly. Operator can request a re-verification cycle via the Markets Desk.
Scores Breakdown
Overall Score
Weighted average across all categories
Pros & Cons
Pros
- FCA-authorised for UK clients (firm reference 522157)
- Commission-free real stock and ETF investing
- xStation 5 is a modern, award-winning proprietary platform
- No minimum deposit
- Strong educational content and market analysis
Cons
- No MetaTrader support
- Professional-client leverage capped at 200:1 vs 500:1 at competitors
- Narrower forex pair selection than some ECN brokers
- Inactivity fee after 12 months
- Limited copy trading functionality
XTB Review 2026
Overview
XTB S.A. is one of the largest publicly listed brokers in Europe, traded on the Warsaw Stock Exchange under ticker XTB. Founded in 2002 and headquartered in Warsaw, the broker has grown into a multi-regulated, multi-asset platform serving clients in the UK and beyond. For UK clients, XTB is authorised by the Financial Conduct Authority (firm reference 522157). UK retail clients receive negative balance protection and segregated client money under FCA rules, eligible deposits are covered by the FSCS (Financial Services Compensation Scheme) up to £85,000, retail leverage is capped at up to 1:30, and complaints can be escalated to the Financial Ombudsman Service.
Pricing & Fees
The broker's flagship platform is xStation 5, a proprietary web and desktop application that has won multiple industry awards for its design, speed and analytical tools. xStation 5 features advanced charting with a wide indicator library, integrated market sentiment data, a built-in stock screener, and real-time performance analytics. The platform is complemented by a polished mobile app that retains most of the desktop's functionality.
Platforms & Tools
XTB offers over 5,800 instruments including forex pairs, indices, commodities and — notably — commission-free real stock and ETF investing across 16 global exchanges. Crypto CFDs are not available to UK retail clients. This multi-asset proposition, combined with FCA oversight, positions XTB as a strong all-round broker for UK traders who value platform quality and regulatory credibility over raw ECN pricing.
How to Open an Account with XTB
Register
Visit xtb.com and fill out the online registration form with your personal details.
Verify Identity
Upload your proof of identity (passport or national ID) and proof of address (utility bill or bank statement) to comply with KYC requirements.
Fund Account
Deposit funds using Bank Transfer, Credit/Debit Card, PayPal, or other supported methods. No minimum deposit is required.
Start Trading
Choose your preferred platform (xStation 5 or 1 other options), set up your charts, and begin placing trades.
Trading Conditions
| Minimum Deposit | No minimum |
| EUR/USD Spread | 0.8–1.3 pips (from 0.8 at the EU/UK entities; 1.3 standard spread at XTB International) |
| Commission | None (0% commission on CFDs) |
| Max Leverage (Retail) | Up to 1:30 |
| Max Leverage (Pro) | 200:1 |
| Swap-Free Accounts | Available |
| Platforms | xStation 5, xStation Mobile |
| Account Types | Standard, Swap-Free (international only) |
| Deposit Methods | Bank Transfer, Credit/Debit Card, PayPal, Skrill, Neteller |
| Withdrawal Fee | Free (above minimum threshold) |
| Founded | 2002 |
| Headquarters | Warsaw, Poland |
Regulation & Protection
ESMA Compliant
No
Negative Balance Protection
Yes
Segregated Client Funds
Yes
Compensation Scheme
FSCS (Financial Services Compensation Scheme) up to £85,000
Regulatory Licenses
FCACommon questions about XTB
Community Reviews
XTB User Reviews
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. UK retail leverage limits apply (FCA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities. Crypto derivatives cannot be sold to UK retail clients (FCA PS20/10).
Free: Broker Regulatory Cheatsheet
4-page A4 reference — retail leverage caps by regulator, regulator strength ranking, and the 12-point pre-account checklist. Plus weekly broker updates.
No spam. Unsubscribe at any time. We respect your privacy.