We recommend XTB for CFD and Stock (EU only) Traders, looking to benefit from advanced research tools and great account funding processes.
Trading Platform:
MT4, xStation 5
Max Leverage:
CFDs, FX, Crypto, Stock and ETFs*
Min. deposit:
Open an account Read full review


Forex & CFDs are the core of XTB’s business, with the exception of ETF & Stocks available to EU clients (excluding Hungary & UK). 

As a listed company at the Warsaw Stock Exchange, XTB should be expected to go the extra mile to ensure transparency of its operations. Among XTBs regulators are the FCA & Polish Regulatory authorities.


  • Prompt Account Opening & D/W
  • Super Research Tools
  • Limited # of trading instruments
  • Stock trading Limited to EU (excluding UK & Hungary)
  • Limited Customer Support


  • Low non-trading fees
  • No withdrawal fee
  • None

Trading Instruments

  • Stocks & ETFs (Only EU, except UK & Hungary)
  • Crypto
  • Forex & CFD
  • No Futures, Bonds, Options
  • Limited Stock & ETFs
  • No inactivity fee
  • availability

Account Opening

  • Fast On-boarding (fully digital)
  • Customer-friendly
  • Sometimes over the border sales

Deposit & Withdrawal

  • Quick D/W
  • Credit/Debit Card Supported
  • High electronic wallet fees


  • Good mobile & web UX & UI
  • Fast & Functional
  • Customisable
  • Limited Order Types

Customer Service

  • Phone Support
  • Live Chart
  • Professional & Relevant
  • No weekend support
  • Slow email support

Research & Education

  • Interactive charts & customisation
  • Demo Trading
  • Tutorial & Videos
  • Analytical Tools
  • No Fundamental Data

Regulation & Safety

  • Listed on stock exchange
  • Highly Regulated
  • None

Full review

Forex & CFDs are the core of XTB’s business, with the exception of ETF & Stocks available to EU clients (excluding Hungary & UK). 

As a listed company at the Warsaw Stock Exchange, XTB should be expected to go the extra mile to ensure transparency of its operations. Among XTBs regulators are the FCA & Polish Regulatory authorities.


Let’s first go through the fess terminology:

Trading Fees occur when you trade (spreads, commissions)
Financing or overnight rates are charged when you hold your leveraged positions for more than 24 hours. Leveraged position means that you borrow money from the broker to trade.
Non-trading fees are withdrawal fee or inactivity fee, hidden fees.

To put things in a proper context we compare XTB with competing services.

AssetsFee LevelTerms
US StockAverage0.08% of trade volume minimum $8
EURUSDLow≈ €4.5 per lot + spread
Inactivity FEELowNo inactivity Fee

Non-trading fees

XTBFreeTradeTD Ameritrade
Account feeNoNoNo
Inactivity feeNoNoNo
Withdrawal fee$0$0$0

Except of a slight difference depending on your country, non-trading fees are low to non existent. You won’t be charged for inactivity, as well as deposit of over €100.

Trading Fees

Pro account holders would have to pay both commissions and spreads, whereas the standard traders are limited to just spreads.

Comparing trading fees among CFD brokers may get convoluted pretty quickly, for the purpose of making things more straightforward, we’ve decided to showcase all fees for trading the most common set of products. 

The Forex trading fees are low, meanwhile stock trading fees are just ok. 

We define a typical trade as a €2,000 and €200,000 buy position for stock & forex respectively, held and sold after 7 days. 

The commissions are calculated for PRO account.  

Finance Rates

These fees occur when you decide to hold your position. The longer you stay in CFD or FOREX trade, the more fees will accumulate, making the final amount rather hefty.

Trading Instruments

Focused on CFDs & Forex XTB will let you trade stocks & ETFs if you reside within the EU (except UK & Hungary).

Markets & Products General

XTBFreeTradeTD Ameritrade

Stocks & ETFs 

You can trade a decent amount of Stocks & ETFs if you reside within the EU (Hungary & UK are not supported)

⚠ Keep in mind, CFDs are complex instruments and are usually traded with leverage, which significantly increases the chances of losing money. At the time of the review 76% of retail investor accounts were losing money when trading CFDs with this provider. It’s your responsibility to understand the inner workings of CFD instruments and understand the underlying risks. CFDs, Forex & Crypto 

 XTB  offers a substantial amount of CFDs, most of the traders will find their favourite instruments around here.

Account Opening

Despite sales people trying too hard sometimes, the account should be ready within the same day – without complicated procedures involved.

Account Eligibility

You are fine as long as you don’t currently reside in the following countries: 

  • USA 
  • Canada
  • India
  • Pakistan
  • Singapore
  • Japan
  • South-Korea 
  • North-Korea
  • Bosnia and Herzegovina
  • Afghanistan
  • Libya
  • Iran
  • Iraq
  • Syria

XTB Min Depo

Depending on your country, a minimum deposit may or may not apply. Contact your local sales team for more info. 

Account Types 

There are two account types “pro” & “standard” that differ in commissions. 


Ostensibly, there is no difference between the two. I suspect that the difference may be rooted in the market vs non market maker execution. 

  •   Standard
  •   Pro 

How to open an account at XTB

Despite pushy sales process (prepare your line of communication exploding from XTBs sales attempts), the account opening is very straightforward (most EU client’s won’t even need to verify their identity, thanks to Experian, a software that helps XTB with EU customers verification)

You’d need to: 

  •   Select the platform of choice xStation or MetaTrader 4 
  •   Answer questions about your trading experience

·   Verify identity (depending on your country of residence it may not apply ⬆)

Deposit & Withdrawal

Available via several options, the deposit & withdrawal (d/w) process is quick and inexpensive (except for digital wallets).

Deposit Fees & Options

With an exception of electronic wallets (≈ 2% of the amount) the fees are free. Among the popular transfer options are: 

  • Bank transfer
  • Credit/Debit card
  • Paypal
  • Skrill
  • Bluecahs*
  • PayU*

* Polish bank account holders

You can only d/w from entities on your name. The debit/credit card and digital wallets deposits arrive instantly, whereas wire transfer might take up to 3 business days. 

There are no withdrawal fees after $100, while the funds can only be requested via a wire transfer. 

Base currencies vs similar brokers

XTBFreeTradeTD Ameritrade
Number of base currencies411

Deposit options

XTBFreeTradeTD Ameritrade
Bank transferYesYesYes
Credit/Debit cardYesNoNo
Electronic walletsYesYesNo

Withdrawal fees and options

XTBFreeTradeTD Ameritrade
Bank TransferYesYesYes
Credit/Debit cardYesNoNo
Electronic walletsYesNoNo
Withdrawal fee$0$0$0

Platform & Trading Experience

XTBs xStation packs a solid functionality, customisation and research features. Meanwhile, no leverage control and lack of two-step authentication slightly undermine the overall experience.

xStation is a versatile platform, available in multiple languages – you can also opt out from it in favour of the classic MetaTrader 4. 

User Experience & Functionality

Despite seeming too complex, great UX and UI (plus video tutorials) will help to tame the functionality relatively quickly (given you are familiar with basic principles of trading).  Both xStation’s web and desktop version will allow you to customise graphs and other important features. No “save settings for later” was available at the time of the review.

Despite mobile version being a simplified version of web and desktop versions, xStation mobile still packs the core functionality, likes order types, search, and position calculator.

Search function

The search functions helps you choose relevant trading instruments with ease. You can get around by either clicking through the menu interface or a simple type request.

Placing orders

Besides the usual number of order types, XTB’s xStation also allows to easily calculate position size, commissions, and other parameters though a built in trading calculator.

Order types:

  • Limit
  • Market
  • Stop loss
  • Trailing Stop

If you are not familiar with the basic order functionality (order types), then you can also use two other order terms:

  • Day
  • Good-till-cancel (GTC)

Alerts and Notifications

xStation allows you to configure the following notification:

  • Margin Call
  • Deposits & Withdrawals
  • Orders
  • And other order types

Portfolio and Fee reports

In the xStation you will be able to access your trading history for a full performance overview (fees, profit/loss, etc).

Customer Service

Although XTB is less impressive over the email, you will always find help via phone or their live chat. Make sure to time your queries during the traditional 24/5 hours.

Available in many languages, the XTBs support is available to you 24/5, over the phone, live chat, and email.

Random cheek of XTBs UK support chat via phone and live chat, left us satisfied in terms of response time, quality of answers and general tone of communication.

A minor red flag on quality of support showed up, when the account manager hasn’t clarified the full cost of keeping a Forex trade overnight (swaps were omitted). This being said, the quality of customer service may vary depending on each local branch.

Research & Education

Both research and education are well organised, easy to comprehend, and useful for any type of trader.

XTB’s trading education offers a clear-cut path to important trading principals, and can be sorted by experience levels and subjects.

Each lesson is followed by relevant quizzes and offers an opportunity to leave feedback and ask questions.

XTB’s webinars provide an opportunity to learn from experienced traders, as well as interact with the whole class – including the mentors and XTB account managers. 

The number of tools, news feed, and built-in recommendations make XTB one of the best brokers in that regard.

XTBs xStation recommendations

You will find recommendations on major events quoted from Morgan Stanely, and Reuters, as well as YouTube daily reports on major forex & CFD instruments.

In the paid price section, you would find the info on the average price paid per stock by XTB’s users. You can also benefit from buy/sell analysis rating, a feature native to TradingView and alike. 


Charting tools is quite robust, packing over 20 indicators. Surprisingly, you won’t be able to save the chart settings for later.

Fundamental Reports

Basic information is limited to P/E ratio – you won’t find the information usually available through other premium brokers. 

Other Research Tools

You will find market sentiment features that allows you to see other XTB clients position. There are other features such as an overview of winners and losers and the heat map function. XTB manages to offer enough complementary features to convince a trader to switch to xStation. 

Finally there are Stock and ETF scanners, which will help you filter the assets by type and industry, as well as access basic intelligence.

News Feed

The News feature is a proprietary development that was awarded the Best EMEA FX Forecaster by Bloomberg in 2018.

 Together with economic calendar this modules allows you to quickly collect the necessary information.

Regulation & Safety

You should be safe with XTB, as it’s regulated by over 10 authorities around the world, including FCA. XTB’s is also listed as a public company.

Established in Poland in 2002, currently XTB operates under two legal entities, XTB Limited, and X-trade Brokers Dom Maklerski SA in over 10 locations.

To make sure your branch offers a required level of protection so make sure to contact the local client service.

XTB legal entities
Client countryInvestor protection amountRegulatorLegal entity
United Kingdom£85,000Financial Conduct Authority (FCA)XTB Ltd.
Italy€20,000Cyprus Securities and Exchange Commission (‘CySEC’)XTB Limited
Other European clients€20,100Polish Financial Supervision Authority (KNF)X-Trade Brokers Dom Maklerski SA 
Clients outside of EuropeNot providedInternational Financial Services Commission of Belize (IFSC)XTB International Limited

In a nutshell

Despite its limitation in product offering and sometimes-pushy sales team, XTB manages to offer competitive services. Although the main instruments are limited mainly to FX & CFDs, there are also stocks & ETFs for those that live in the E.U. (except for Hungary & UK).

It’s commission structure, research tools, well-executed web/mobile platforms & low deposit/withdrawal fees puts it the basket of the best European brokers.

Degiro Brief Overview

? Country of regulationUK, Poland, Cyprus, Belize
? Trading fees classAverage
? Inactivity fee chargedNo
? Withdrawal fee amount$0
? Minimum deposit$250
⏰ Time to open an account1 day
? Deposit with credit cardAvailable
? Depositing with electronic walletAvailable
? Number of base currencies supported4
? Demo account providedYes
? Products offeredCFD, Forex, Crypto, Stock and ETF for EU clients (excluding UK & Hungary)

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