Our verdict
XTB is a Polish, listed broker. You trade through its own xStation platform in more than 2,600 CFDs on forex, indices, commodities, shares, ETFs and crypto. No minimum deposit and no commission on forex, but no MetaTrader either.
Scores
Overall score
Pros
- No minimum deposit
- No commission on forex
- xStation: fast, clear platform for web and mobile
- More than 2,600 CFDs, plus interest on uninvested cash
- Demo account with no expiry date
Cons
- No MetaTrader, cTrader or TradingView
- Support on weekdays only
- Polish parent company fined by the KNF in 2026
- Not available in Belgium
Costs
Spread plus commission for one standard lot, round turn.
| Pair | Typical spread |
|---|---|
| EUR/USD | 1.2 pip |
| GBP/USD | 1.4 pip |
| USD/JPY | 1.8 pip |
| EUR/GBP | 1.6 pip |
- Cost per lot EUR/USD
- €11.06
- Commission
- No commission
- Overnight financing
- Swap points per lot based on interbank rates plus an XTB mark-up, booked daily around midnight. XTB publishes the rates weekly.
- Inactivity fee
- €10 per month if you haven't opened or closed a position for 12 months and haven't deposited for 90 days.
- Withdrawal fee
- Free from €100; XTB's help centre mentions a €10 fee for smaller withdrawals. Currency conversion: 0.5%.
Licences
- View in register
CySEC
Cyprus Securities and Exchange Commission
- Legal entity
- XTB Limited
- Licence number
- 169/12
- Last verified
- 26 October 2026
Key facts
- Minimum deposit
- None
- Max. leverage (retail)
- 1:30
- Instruments
- 2,600+ instruments
- Platforms
- Web trader, Proprietary
- Demo account
- Yes
- Customer service
- Weekdays via chat, phone and email; hours and languages depend on your country
- Founded
- 2004
- Headquarters
- Warszawa, PL
Regulation and safety
XTB was founded in Poland in 2004 and its parent company XTB S.A. has been listed on the Warsaw Stock Exchange since 2016. Which entity you join depends on your country. XTB S.A., licensed by the Polish regulator KNF, serves Poland, Italy and, through local branches, countries such as Germany, France, Spain, Portugal and the Czech Republic. XTB Limited in Limassol, licensed by CySEC (licence 169/12), serves countries including the Netherlands, Ireland, Denmark, Finland, Luxembourg and Sweden.
Client money is held separately and retail clients have negative balance protection. XTB Limited clients are covered up to €20,000 by the Cypriot Investor Compensation Fund; clients of XTB S.A. fall under the Polish compensation scheme.
One caveat: in 2026 the KNF fined XTB S.A. 20 million zloty, partly over how clients were informed about CFD risks in 2022 and 2023. The French branch was fined by the AMF in 2021.
Costs
On the standard account you pay no commission on forex; the cost is in the spread. XTB Limited publishes target spreads of 1.2 pips on EUR/USD, 1.4 on GBP/USD, 1.8 on USD/JPY and 1.6 on EUR/GBP. Share and ETF CFDs carry a 0.3% mark-up in the spread.
Also:
- An inactivity fee of €10 per month, but only after a year without trading and three months without a deposit.
- Withdrawals are free from €100.
- Currency conversion costs 0.5%.
- You earn interest on uninvested cash, unless your account is inactive.
Platform and range
You trade exclusively through xStation, XTB's own platform, in the browser and as an app. xStation is fast and clear, with built-in charts, news, an economic calendar and sentiment data. MetaTrader 4 was discontinued in March 2024; MetaTrader 5, cTrader, expert advisors and copy trading are not available.
The range covers more than 2,600 CFDs on forex, indices, commodities, shares, ETFs and crypto. In many countries XTB also offers real shares and ETFs with 0% commission up to €100,000 monthly turnover.
Education and support
The demo account never expires. XTB has an extensive knowledge base covering trading, risk management and markets, plus daily market analysis. Support is available on weekdays via chat, phone and email. Hours and languages depend on the entity that serves your country.
Who is XTB for?
XTB suits traders who want a full-featured proprietary platform, want to start without a minimum deposit and also want to trade shares and ETFs alongside forex. If MetaTrader or automated trading matters to you, look elsewhere.
XTB
Traders who want a complete proprietary platform
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Frequently asked questions
Which XTB entity will I join?
It depends on your country. XTB S.A. (KNF, Poland) and its branches serve countries such as Poland, Germany, France, Spain and Italy; XTB Limited (CySEC 169/12) serves countries such as the Netherlands, Ireland and Denmark.
Does XTB have a minimum deposit?
No, XTB has no minimum deposit. Withdrawals from €100 are free.
Does XTB offer MetaTrader?
No. XTB discontinued MetaTrader 4 in March 2024 and only offers its own xStation platform.
Editorial team
- Follows a fixed, public review methodology
- Verifies licences directly with the regulator
- Takes costs from brokers' official price lists