XTB review

5 licensed entities · xtb.com

✓ Checked Oct 29, 2026

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coinish Score

68/100

Forex in Indonesia

Editor Rating

4.0/5

Forex in United Kingdom

Best rank

1 of 3

Forex in Indonesia

US stock fee

In short

Licensed by FCA, CySEC and DFSA and 2 more.
5 licensed companies, so the one you sign up with depends on where you live.
Offers forex, CFDs, stocks & ETFs, with 11,900+ instruments.
Trade on xStation web, xStation desktop and XTB mobile app.
Offers a demo account.
Support by phone, live chat and email.

Parent XTB S.A. holds a Polish KNF licence (its site says "We receive a KNF license"). We haven't yet verified the EU entity, its licence number or which countries it serves under its passport.

What it costs

EUR/USD all-in cost	Not verified yet
US stock commission	$0 per order
Currency conversion fee	0.5%
Inactivity fee	€10 per month after 365 days with no trade and no deposit in the last 90 days
Withdrawal fee	None
Minimum deposit	$0 (XTB Limited)

4.0/5

How we rated it · Forex in United Kingdom (XTB Limited)

Computed from verified facts only, with published thresholds. 95% of the rating weight is backed by data. Method →

Regulation & safety 25%
4.2
Trading costs 25%
3.5
Markets & products 15%
4.5
Platforms & tools 10%
4.0
Deposits & withdrawals 10%
4.0
Account options 5%
not scored
Support 10%
4.8

Moderate

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about XTB’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

Where it stands today

Momentum

46 Stable →

Where it’s heading

Data confidence

Medium

How much to trust it

Traffic strength
69
Search visibility
72
Authority
69
Brand & market presence
62

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

Entity	Regulator	Licence	Serves	CFD loss %
XTB Limited	FCA Tier 1	522157	United Kingdom inferred from the licence	74% Oct 5, 2026
XTB Ltd	CySEC Tier 2	169/12	Cyprus listed in the regulator's register	–
XTB MENA Limited	DFSA Tier 2	F006316	United Arab Emirates named on the regional site	–
XTB S.A.	KNF Tier 2	Not verified yet	Poland, Germany, Italy, Spain, Portugal named on the regional site	–
PT XTB Indonesia Berjangka	Bappebti Tier 2	003/BAPPEBTI/SI/08/2020	Indonesia listed in the regulator's register	–

Entity

Regulator

Licence

Serves

CFD loss %

XTB Limited

FCA

Tier 1

522157

United Kingdom

inferred from the licence

74%

Oct 5, 2026

XTB Ltd

CySEC

Tier 2

169/12

Cyprus

listed in the regulator's register

–

XTB MENA Limited

DFSA

Tier 2

F006316

United Arab Emirates

named on the regional site

–

XTB S.A.

KNF

Tier 2

Not verified yet

Poland, Germany, Italy, Spain, Portugal

named on the regional site

–

PT XTB Indonesia Berjangka

Bappebti

Tier 2

003/BAPPEBTI/SI/08/2020

Indonesia

listed in the regulator's register

–

Platforms, funding and support

Products	Forex, CFDs, Stocks & ETFs
Owner	XTB S.A. (listed on the Warsaw Stock Exchange)
Instruments	11,900+
Fractional shares	Not verified yet
Platforms	xStation web, xStation desktop, XTB mobile app
Deposit methods	Bank transfer, Credit/debit card (Visa, Mastercard)
Withdrawal time (stated)	same or next business day (bank transfer)
Demo account	Yes
Support	live chat, email, phone · 24/5

XTB ratings by country (23)

We rate XTB separately on each of the 23 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

Country	Product	Entity	Access	Rating
United Kingdom	Forex	XTB Limited	Locally licensed	4.0/5
United Kingdom	CFDs	XTB Limited	Locally licensed	4.0/5
United Kingdom	Stocks	XTB Limited	Locally licensed	3.9/5
Germany	Forex	XTB S.A.	EU passport	3.7/5
Germany	CFDs	XTB S.A.	EU passport	3.7/5
Germany	Stocks	XTB S.A.	EU passport	3.7/5
United Arab Emirates	Forex	XTB MENA Limited	Locally licensed	3.7/5
United Arab Emirates	CFDs	XTB MENA Limited	Locally licensed	3.7/5
United Arab Emirates	Stocks	XTB MENA Limited	Locally licensed	3.7/5
Italy	Forex	XTB S.A.	EU passport	3.7/5
Italy	CFDs	XTB S.A.	EU passport	3.7/5
Italy	Stocks	XTB S.A.	EU passport	3.7/5
Spain	Forex	XTB S.A.	EU passport	3.7/5
Spain	CFDs	XTB S.A.	EU passport	3.7/5
Spain	Stocks	XTB S.A.	EU passport	3.7/5
Portugal	Forex	XTB S.A.	EU passport	3.7/5
Portugal	CFDs	XTB S.A.	EU passport	3.7/5
Portugal	Stocks	XTB S.A.	EU passport	3.7/5
Indonesia	Forex	PT XTB Indonesia Berjangka	Locally licensed	3.7/5
Indonesia	CFDs	PT XTB Indonesia Berjangka	Locally licensed	3.7/5
Cyprus	Forex	XTB Ltd	Locally licensed	3.7/5
Cyprus	CFDs	XTB Ltd	Locally licensed	3.7/5
Cyprus	Stocks	XTB Ltd	Locally licensed	3.7/5

Country

Product

Entity

Access

Rating

United Kingdom

Forex

XTB Limited

Locally licensed

4.0/5

United Kingdom

CFDs

XTB Limited

Locally licensed

4.0/5

United Kingdom

Stocks

XTB Limited

Locally licensed

3.9/5

Germany

Forex

XTB S.A.

EU passport

3.7/5

Germany

CFDs

XTB S.A.

EU passport

3.7/5

Germany

Stocks

XTB S.A.

EU passport

3.7/5

United Arab Emirates

Forex

XTB MENA Limited

Locally licensed

3.7/5

United Arab Emirates

CFDs

XTB MENA Limited

Locally licensed

3.7/5

United Arab Emirates

Stocks

XTB MENA Limited

Locally licensed

3.7/5

Italy

Forex

XTB S.A.

EU passport

3.7/5

Italy

CFDs

XTB S.A.

EU passport

3.7/5

Italy

Stocks

XTB S.A.

EU passport

3.7/5

Spain

Forex

XTB S.A.

EU passport

3.7/5

Spain

CFDs

XTB S.A.

EU passport

3.7/5

Spain

Stocks

XTB S.A.

EU passport

3.7/5

Portugal

Forex

XTB S.A.

EU passport

3.7/5

Portugal

CFDs

XTB S.A.

EU passport

3.7/5

Portugal

Stocks

XTB S.A.

EU passport

3.7/5

Indonesia

Forex

PT XTB Indonesia Berjangka

Locally licensed

3.7/5

Indonesia

CFDs

PT XTB Indonesia Berjangka

Locally licensed

3.7/5

Cyprus

Forex

XTB Ltd

Locally licensed

3.7/5

Cyprus

CFDs

XTB Ltd

Locally licensed

3.7/5

Cyprus

Stocks

XTB Ltd

Locally licensed

3.7/5

Compare XTB

How XTB stacks up against the brokers people most often weigh it against.

XTB vs eToro XTB vs Trading 212 XTB vs Interactive Brokers XTB vs Trade Republic XTB vs Vantage XTB vs IG XTB vs Plus500 XTB alternatives

Ready to look at XTB? Check which company would serve you before you open an account.

Visit XTB

Sources (27)

Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“XTB Limited is authorised and regulated by the UK Financial Conduct Authority (FRN 522157)”
Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“74% of retail investor accounts lose money when trading CFDs with this provider”
Platforms · broker's own site · xtb.com · Oct 6, 2026
“Our platform is available on desktop and mobile (iOS and Android)”
Platforms · broker's own site · xtb.com · Oct 6, 2026
“Award-winning mobile application and web platform”
Markets · broker's own site · xtb.com · Oct 6, 2026
“Get the most out of global markets by having access to 11900 instruments including stocks, ETFs and CFDs”
Costs · broker's own site · xtb.com · Oct 6, 2026
“Stocks and ETFs investing commission For monthly turnover equivalent up to 100 000 EUR (after that 0.2% min.10 GBP). Free”
Costs · broker's own site · xtb.com · Oct 6, 2026
“Currency conversion fee 0.5%”
Costs · broker's own site · xtb.com · Oct 6, 2026
“Withdrawals Free”
Funding · broker's own site · xtb.com · Oct 6, 2026
“Depending on when you placed your order, your money will be sent to you on the same or next business day”
Support · broker's own site · xtb.com · Oct 6, 2026
“24/5 - Customer Service”
Licence / entity · broker's own site · xtb.com · Oct 6, 2026
“Minimum deposit 0 GBP”
Licence / entity · regulator register · cysec.gov.cy · Oct 6, 2026
“CySEC register of Cypriot investment firms: XTB Ltd, Licence Number 169/12”
Licence / entity · broker's own site · xtb.com · Oct 12, 2026
“All retail Client Money is held in segregated client bank accounts in line with our obligations as a Financial Conduct Authority regulated company.”
Funding · broker's own site · xtb.com · Oct 12, 2026
“Bank transfer ... Payment by credit/debit card (VISA, Mastercard)”
Support · broker's own site · xtb.com · Oct 12, 2026
“Chat with us, send an email, or give us a call”
Licence / entity · broker's own site · cysec.gov.cy · Oct 13, 2026
“Approved Domains ... www.xtb.com/cy”
Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“XTB MENA Limited ... F006316”
Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“XTB S.A. German Branch ist registriert bei der Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) und unterliegt grundsätzlich der Aufsicht und Kontrolle der polnischen Finanzaufsichtsbehörde KNF.”
Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“XTB S.A. è autorizzata e regolata dalla Komisja Nadzoru Finansowego (KNF) in Polonia”
Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“XTB SA, Sucursal en España (NIF W0601162A), está inscrita en el Registro de la Comisión Nacional del Mercado de Valores (CNMV) con el número 40.”
Licence / entity · broker's own site · xtb.com · Oct 13, 2026
“titulares de contas de investimento individuais da XTB S.A.”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“XTB S A”
apps · broker's own site · play.google.com · Oct 14, 2026
“XTB S.A.”
Owner · broker's own site · xtb.com · Oct 5, 2026
“Since 2016, we have been proudly listed on the Warsaw Stock Exchange.”
Accounts · broker's own site · apps.apple.com · Oct 14, 2026
“Open a free demo account in seconds and explore your investment ideas with zero risk”
Costs · broker's own site · xtb.com · Oct 14, 2026
“provided that you make at least one Buy or Sell transaction within 365 days and/or a deposit within the last 90 days. Otherwise, a monthly fee of 10 EUR will be charged”
Licence / entity · regulator register · bappebti.go.id · Oct 29, 2026
“PT XTB INDONESIA BERJANGKA d/h PT. RAJAWALI KAPITAL BERJANGKA | SIUP 003/BAPPEBTI/SI/08/2020”