My opinion on XTB
XTB is a globally trusted broker established in 2002, currently serving over 500,000 clients, known for its ultra-competitive spreads, wide range of tradable instruments (including real stocks, ETFs, Forex, indices, commodities, and crypto CFDs), and user-friendly proprietary platform, xStation 5. The absence of a Canadian (IIROC) license is a notable tradeoff, but XTB maintains strong regulation abroad (FCA, CySEC, KNF). Its pricing model stands out with no account minimums, 0% commission on real stocks and ETFs up to €100,000 turnover monthly, and industry-leading spreads from 0.1 pips on major pairs. On Trustpilot, XTB scores a solid 4.2/5 with over 8,000 reviews, indicating high client satisfaction, particularly with transparency and platform usability. Versus competitors, XTB offers tighter spreads and a broader asset selection at lower entry costs, though lacks local investor protection features. Based on my experience, XTB is best suited for the following trader profiles:
➡️ Cost-conscious traders seeking low spreads and zero-commission stock investing: XTB offers one of the most competitive pricing models in the industry, with spreads from 0.1 pips and commission-free real stock and ETF trading up to €100,000/month.
➡️ Multi-asset traders looking for broad market access: With CFDs on forex, indices, commodities, crypto, plus real stocks and ETFs, XTB is ideal for those who want to diversify across different asset classes without switching platforms.
➡️ Traders who value intuitive, tech-forward platforms: xStation 5 is widely praised for its ease of use, speed, and advanced charting tools, making it suitable for beginners and experienced users alike.
- ✅Ultra-competitive spreads from 0.1 pips on majors and low variable spreads on major commodities and indices
- ✅No minimum deposit required to start trading (recommended $250 for effective trading)
- ✅Access to 5,500+ instruments: real stocks, ETFs, stock/ETF/crypto/forex/commodity CFDs
- ✅Real stocks and ETFs with 0% commission up to €100,000 monthly trading volume
- ✅Highly intuitive and feature-rich proprietary trading platform (xStation 5) for web, desktop, and mobile
- ✅Fast execution and modern risk management tools
- ✅Advanced charting, real-time news and economic calendar, and free educational resources
- ✅Responsive 24/5 multilingual customer support
- ✅Free 30-day demo account with $100,000 virtual funds
- ❌Not IIROC regulated; no CIPF protection for Canadian users
- ❌Crypto trading only available as CFDs (no physical crypto purchase, no integrated wallet, staking, or lending)
- ❌No MetaTrader (MT4/MT5) support
- ❌No direct copy trading or PAMM accounts
- ❌Inactivity fee applies after 12 months without trading or deposit activity
- ❌Limited to 30-day demo account
- ❌Minimum withdrawal of $100; fees apply for withdrawals below this threshold
- ❌Islamic (swap-free) accounts not available for all products and periods
- ✅Ultra-competitive spreads from 0.1 pips on majors and low variable spreads on major commodities and indices
- ✅No minimum deposit required to start trading (recommended $250 for effective trading)
- ✅Access to 5,500+ instruments: real stocks, ETFs, stock/ETF/crypto/forex/commodity CFDs
- ✅Real stocks and ETFs with 0% commission up to €100,000 monthly trading volume
- ✅Highly intuitive and feature-rich proprietary trading platform (xStation 5) for web, desktop, and mobile
- ✅Fast execution and modern risk management tools
- ✅Advanced charting, real-time news and economic calendar, and free educational resources
- ✅Responsive 24/5 multilingual customer support
- ✅Free 30-day demo account with $100,000 virtual funds
My opinion on XTB
- ✅Ultra-competitive spreads from 0.1 pips on majors and low variable spreads on major commodities and indices
- ✅No minimum deposit required to start trading (recommended $250 for effective trading)
- ✅Access to 5,500+ instruments: real stocks, ETFs, stock/ETF/crypto/forex/commodity CFDs
- ✅Real stocks and ETFs with 0% commission up to €100,000 monthly trading volume
- ✅Highly intuitive and feature-rich proprietary trading platform (xStation 5) for web, desktop, and mobile
- ✅Fast execution and modern risk management tools
- ✅Advanced charting, real-time news and economic calendar, and free educational resources
- ✅Responsive 24/5 multilingual customer support
- ✅Free 30-day demo account with $100,000 virtual funds
- ❌Not IIROC regulated; no CIPF protection for Canadian users
- ❌Crypto trading only available as CFDs (no physical crypto purchase, no integrated wallet, staking, or lending)
- ❌No MetaTrader (MT4/MT5) support
- ❌No direct copy trading or PAMM accounts
- ❌Inactivity fee applies after 12 months without trading or deposit activity
- ❌Limited to 30-day demo account
- ❌Minimum withdrawal of $100; fees apply for withdrawals below this threshold
- ❌Islamic (swap-free) accounts not available for all products and periods
- ✅Ultra-competitive spreads from 0.1 pips on majors and low variable spreads on major commodities and indices
- ✅No minimum deposit required to start trading (recommended $250 for effective trading)
- ✅Access to 5,500+ instruments: real stocks, ETFs, stock/ETF/crypto/forex/commodity CFDs
- ✅Real stocks and ETFs with 0% commission up to €100,000 monthly trading volume
- ✅Highly intuitive and feature-rich proprietary trading platform (xStation 5) for web, desktop, and mobile
- ✅Fast execution and modern risk management tools
- ✅Advanced charting, real-time news and economic calendar, and free educational resources
- ✅Responsive 24/5 multilingual customer support
- ✅Free 30-day demo account with $100,000 virtual funds
Why trust Hellosafe?
I spent a significant amount of time personally testing XTB to see how it really performs for Canadian traders. I explored its trading tools, checked fee structures, tried out the platform on both web and mobile, and reached out to customer support to see how the service holds up in real conditions. This hands-on approach let me see not just what XTB promises but what it actually delivers day-to-day.
By comparing XTB's features, costs, and reliability against other regulated CFD and crypto brokers I've used, I was able to outline its true pros and cons. My experience showed that XTB is straightforward and competitive in many areas, but the fact that it's not IIROC regulated in Canada means you have to weigh access to global assets and tight spreads against the absence of domestic protection. My opinion comes from direct usage, not just reading websites, so you’re getting an honest take on whether XTB is right for beginners, experienced traders, or anyone looking for a trusted broker.
XTB at a glance
Fonctionnalité | Détail |
---|---|
💰 Minimum deposit | No minimum required (recommended: $250 for trading) |
🛡️ Regulation | FCA (UK), CySEC (Cyprus), KNF (Poland); not IIROC regulated in Canada |
🪙 Crypto license | Crypto CFDs only; no physical crypto, not licensed in Canada |
📑 FSMA registration | Not registered with the FSMA |
📈 Available assets | 5,500+ instruments: stocks, ETFs, CFDs (forex, indices, commodities, crypto) |
📊 Trading platforms | xStation 5 (Web, Desktop, Mobile); no MetaTrader support |
🛠️ Trading tools | Advanced charting, risk management tools, economic calendar, sentiment analysis |
🧪 Demo account | Yes (30-day limit, typically $100,000 virtual capital) |
🕌 Islamic account | Available on request for selected products and periods |
📝 Key order types | Market, limit, stop loss, take profit, trailing stop, conditional orders |
⚖️ Leverage | Up to 1:30 (forex retail); indices/commodities up to 1:20; crypto CFDs up to 1:2 |
💸 Fees | No account or deposit fees, 0% commission on real stocks/ETFs up to €100,000/month |
📞 Customer support | Email, phone, live chat (English, 24/5) |
🌟 Trustpilot reviews | 4.2/5 (8,000+ reviews as of July 2025) |
Security and Regulation
XTB offers a high degree of operational security through its regulation by several globally recognized authorities, including the FCA in the UK and CySEC in Cyprus. These tier-1 licenses bring a considerable level of regulatory transparency and client protection, particularly with regard to segregating client funds from company assets. However, for Canadian users, XTB is not regulated by IIROC and is thus not covered by Canadian investor protection schemes such as CIPF, which is a key distinction to keep in mind.
Client asset safety is prioritized within XTB’s international structure, with funds held in segregated accounts and robust policies limiting exposure in the event of broker insolvency. For trading crypto, XTB only offers CFDs and does not provide direct custody or cold storage, making it more appropriate for speculation than for long-term holding of crypto assets.
The broker’s risk management arsenal is impressive: negative balance protection is standard, stop loss and advanced order types are widely available, and two-factor authentication is offered to protect client access. XTB’s proprietary xStation 5 platform is regarded as secure and stable, further contributing to the broker’s reliability for both novice and experienced traders.
XTB also enjoys a strong reputation globally, supported by a Trustpilot rating above 4 out of 5 and a large international customer base. While the absence of Canadian regulation introduces some residual risk for local users, I consider XTB reliable for experienced traders who understand and accept the cross-border limitations.
Indicator | Description | Evaluation |
---|---|---|
Regulatory compliance | FCA and CySEC regulated, but not IIROC or Canadian-licensed; strong EU/UK oversight, no CIPF protection | 4/5 |
Fund security | Segregated client funds, tier-1 bank custody, robust insolvency protocols, CFDs only for crypto (no cold storage) | 4/5 |
Risk management tools | Negative balance protection, stop loss, advanced order types, 2FA on platform, strong platform security | 4.5/5 |
Notoriety and coverage | 15+ years’ global track record, Trustpilot 4.2/5, highly regarded for transparency and service quality | 4.5/5 |
Fees, Spreads & Commissions
XTB’s fee structure competes aggressively with leading international brokers, particularly in terms of spreads, commissions, and access to a wide array of asset classes. For standard accounts, there is no minimum deposit required, though I recommend at least $250 USD to ensure smooth trading and margin coverage. Most account actions—opening, maintaining, and even depositing—are typically free. Withdrawals above $100 USD are free, while smaller withdrawals incur a very modest charge. The inactivity fee only applies after a full year without trading activity, which is more lenient than many brokers applying such charges after 3–6 months. Trading commissions are among XTB’s most attractive features. On stocks and ETFs (real, not CFDs), XTB offers 0% commission for up to €100,000 monthly turnover, and only charges 0.2% (minimum $10 USD) above that threshold. This is rare among international players and offers compelling value for buy-and-hold investors or those scaling positions over time. Stock CFD commissions are also low—starting from 0.08% (minimum $8 USD per trade), which is more favorable than the conventional 0.2%–0.3% seen at many global CFD providers. Forex and index CFD spreads are razor-sharp, with major pairs frequently as low as 0.1 pips with no added commission—placing XTB close to institutional pricing. Commodity and crypto CFDs have modest spreads (e.g., gold from 0.3 points; crypto from 0.22%), and overnight swap rates are largely in line with market standards. For investors trading outside their base account currency, XTB applies a currency conversion fee on such transactions, which is typical but worth close attention if you trade or withdraw in multiple currencies. Despite its competitive fee ecosystem, potential hidden costs include inactivity fees after 12 months, small charges for low-balance withdrawals, and the absence of portfolio or cash management perks you might find with local Canadian banking brokers. As XTB is not IIROC-regulated, there is also a regulatory risk premium for Canadian residents who value investor protection. Overall, I find the pricing to be transparent, consistently among the lowest globally, and highly suited for both short-term tactical traders and longer-term global investors.
What are the account-related fees?
Fee Type | Conditions at XTB | Market Average |
---|---|---|
Opening fee | $0 | $0–$50 |
Maintenance fee | $0 | $0–$100/year |
Withdrawal fee | $0 (over $100); $10 (below $100) | $0–$25 |
Inactivity fee | $10/month (after 12 months of inactivity) | $10–$25/quarter |
Currency conversion fee | 0.5%–1% (applies to non-base currency trades) | 0.5%–2% |
Trader Tip — Trip
Reduce your currency conversion costs by aligning your deposit/withdrawal currency with your trading currency where possible. Structure your withdrawals to exceed the free threshold, and set calendar reminders to place a trade at least yearly to avoid inactivity charges.
What are the fees on stocks and ETFs?
Stock and ETF trading at XTB is commission-free for up to €100,000 (or USD equivalent) monthly turnover, making it extremely cost-effective for most retail traders. Above that threshold, a commission of 0.2% per transaction applies, with a $10 USD minimum. There are no custody or overnight fees for holding stocks and ETFs, and UK stamp duty tax only applies when specifically relevant. This puts XTB in a leading position compared to both traditional and many fintech brokers globally.
Fee Type | Conditions at XTB | Market Average |
---|---|---|
Commission | $0 (up to €100,000/mo), then 0.2% (min $10) | 0.1–0.3% + $1–$10/trade |
Spread fee | $0 (real stocks & ETFs quoted at NBBO) | $0–$0.10/share |
Overnight fee | $0 (no margin/CFD on real instruments) | $0–$0.05/share/day |
Custody fee | $0 | $0–$25/year |
UK stamp duty tax | 0.5% (UK stocks only, if applicable) | 0.5% |
What are the fees on cryptocurrencies?
At XTB, crypto trading is available only through CFDs—there is no direct or spot crypto purchase, no wallet, and no external transfer. The fee structure is spread-based, with spreads starting from 0.22% for major coins, and overnight holding fees (swap/rate) apply to all leveraged CFD positions held past market close. There are no withdrawal, custody, or transfer fees as underlying coins are never owned directly.
Fee Type | Conditions at XTB | Market Average (crypto or CFD brokers) |
---|---|---|
Buy/sell fees | Built into spread; from 0.22% (varies by coin) | 0.2–2.0% |
Spread fees | From 0.22% | 0.2–2.5% |
Overnight fees | Applies to positions held overnight (swap rates vary) | 0.05–0.2%/day (CFD only) |
Custody fees | $0 (CFD only, no coin custody) | $0–$10/month |
Transfer fees | N/A (no spot crypto, hence no blockchain transfers) | $1–$10/transfer |
What are the fees on CFDs?
CFD traders will benefit from XTB’s ultra-low spread environment. Forex majors like EUR/USD, GBP/USD, and USD/JPY are offered with spreads as low as 0.1 pips. Commodity CFDs are equally competitive, and stock index CFDs (e.g., S&P 500) start from 0.5 points. For equity CFDs, commission is from 0.08% (minimum $8 USD per transaction), and swap/overnight fees are applied consistently with global market standards.
Underlying Asset | Maximum Leverage | Spread at XTB | Overnight Fee | Market Average (CFD brokers) |
---|---|---|---|---|
CFD Stocks | 1:5 | from 0.08% (min $8) | Yes (varies) | 0.1–0.3% + min $10/trade |
Gold (XAU/USD) | 1:20 | from 0.3 points | Yes (varies) | 0.3–0.5 points |
Silver (XAG/USD) | 1:10 | from 0.035 points | Yes (varies) | 0.04–0.07 points |
Oil (WTI) | 1:10 | from 0.03 points | Yes (varies) | 0.03–0.06 points |
EUR/USD | 1:30 | from 0.1 pips | Yes (varies) | 0.1–0.5 pips |
EUR/GBP | 1:30 | from 0.1 pips | Yes (varies) | 0.1–0.7 pips |
USD/JPY | 1:30 | from 0.1 pips | Yes (varies) | 0.1–0.5 pips |
GBP/USD | 1:30 | from 0.1 pips | Yes (varies) | 0.1–0.7 pips |
BEL 20 (BEL20) | 1:10 | from 1.5 points | Yes (varies) | 1.5–3 points |
BTC/USD (crypto CFD) | 1:2 | from 0.22% | Yes (varies) | 0.2–2.0% |
Assets & Markets
XTB provides a remarkably broad multi-asset offering, combining real stock and ETF trading with an extensive CFD suite. I value the accessibility of more than 2,500 real stocks and 300+ ETFs for straightforward buy-and-hold strategies—without commission up to a substantial monthly turnover, which is rare among global brokers. The ability to also trade 1,800+ stock CFDs and 140+ ETF CFDs lets me hedge or speculate on price movements, adding valuable tactical flexibility.
The forex segment is strong, encompassing 50+ currency pairs with tight spreads and a solid range of majors, minors, and exotics. Indices coverage is robust, with over 40 global indices available as CFDs, making global macro strategies accessible within a single account. Commodities options are competitive, spanning energies, metals, and agricultural products, with leverage and fast execution via the xStation 5 platform.
Crypto traders benefit from access to 25+ cryptocurrency CFDs, including leading assets such as Bitcoin, Ethereum, Solana, and emerging tokens—though physical crypto purchase and on-chain transfers are not possible, nor is staking or earn functionality. Bond access, while present in some XTB jurisdictions, tends to be limited for Canadians and is not a core feature. I also note the clear absence of NFTs and stablecoin-specific markets, focusing the platform’s crypto exposure strictly on price speculation via CFDs rather than true digital asset management.
Overall, XTB is well suited for active traders who need both real asset investing and leveraged CFD speculation from a single, intuitive platform. The lack of Canadian regulation means the broker best serves sophisticated users who are comfortable trading via international entities and who prioritize product range and cost efficiency over eligibility for registered accounts or CIPF protection.
Asset Class | Type | Number at XTB | Market Average | Example Assets |
---|---|---|---|---|
Stocks | Spot, CFD | 2,500+ (spot), 1,800+ (CFD) | 5,000–10,000 | Apple, Shopify, TD Bank (spot/CFD) |
ETFs | Spot, CFD | 300+ (spot), 140+ (CFD) | 300–2,000 | SPDR S&P 500 ETF, iShares MSCI World |
Cryptocurrencies | CFD | 25+ | 10–50 | BTC/USD, ETH/USD, SOL/USD |
Currencies | Forex (CFD) | 50+ | 20–70 | EUR/USD, USD/CAD, GBP/JPY |
Commodities | CFD | 20+ | 10–30 | Gold, Brent Oil, Natural Gas |
Indices | CFD | 40+ | 10–40 | S&P 500, DAX 40, Nikkei 225 |
Bonds | Spot / CFD (limited) | Limited | 5–20 | German Bund CFD (availability varies) |
Stablecoins | Not available | 0 | 2–10 | — |
NFTs | Not available | 0 | 5–30 | — |
Other derivatives | Not available | 0 | 10–100 | — |
Trading Tools & Apps
XTB distinguishes itself with the xStation 5 platform, which delivers a combination of speed, transparency, and intuitive design that stands out among proprietary brokers. The streamlined interface makes multi-asset trading straightforward, with all features—charting, order execution, market depth, sentiment, and economic calendars—directly accessible from a single dashboard. This layout is particularly effective for retail traders who want efficient access to technical analysis and news flow without navigating disjointed menus.
One of the most impressive aspects of xStation 5 is its advanced charting tools. Drawing, multi-timeframe comparison, indicators, and even integrated sentiment data can be overlaid with ease. The desktop and web versions strike a balance between user-friendliness and professional capabilities, making them suitable for both new and experienced users. The built-in risk calculator and live performance statistics streamline exposure management, which is typically an area where other proprietary platforms fall behind.
Deployment across devices is seamless—web, desktop, and mobile apps are nearly identical in workflow and appearance. The mobile offering does not feel stripped down: live price alerts, trading, charts, and account management are equally robust. XTB’s platform, however, does not currently support MetaTrader, TradingView, third-party plugins, or open API connectivity—which may limit appeal for traders focused on automation, custom indicators, or external strategy integration.
Order execution is precise and rapid, including advanced order types like market, limit, stop-loss, take-profit, trailing stop, and conditional orders. The absence of true OCO logic (except through custom conditional setups) can be a minor constraint for tactical traders, but risk management tools compensate with transparent stop and trailing options. Asset search and filter functions are well designed, letting users move swiftly between real stocks, CFDs, and cryptos. While spot stocks and ETFs are available, crypto trading is CFD-only—there is no direct token purchase, staking, or wallet offering.
Automation and algorithmic trading are not yet natively supported on xStation, as there are no Expert Advisors, proprietary bots, or scripting features available. Likewise, there is no copy trading or PAMM service for Canadian users. Trading signals are limited to in-platform analytics, news, and sentiment, so pure quant or social traders may see this as a limitation.
Feature | Verified Details |
---|---|
Mobile app | xStation 5 mobile (iOS, Android); no MetaTrader, TradingView, crypto wallet, or staking app |
Usability | Fluid, modern, and highly intuitive interface on web, desktop, and mobile |
Compatible software | Proprietary xStation 5 platform only; no MetaTrader, TradingView, or public API integration |
Order types | Market, limit, stop-loss, take-profit, trailing stop, conditional; OCO via setup, not a core feature |
Charting and technical analysis | Dozens of indicators, drawing tools, multi-chart overlays; real-time news and sentiment integrated |
Auto trading / Automated strategies | Not supported (no EAs, bots, or copy trading) |
Algorithmic trading | Not supported (no scripting or custom code execution) |
Negative balance protection | Yes, for CFD/Forex accounts |
Trading signals | Built-in news, sentiment, top movers, and in-platform analytics; no TradingView or third-party signals |
Asset search and filters | Powerful, unified search and filters for Forex, stocks, ETFs, indices, crypto CFDs |
Spot stock purchase | Yes, full direct access to real stocks and ETFs; CFDs are also available |
Staking and earn | Not available; crypto products are all CFDs, no true staking or wallet features |
Trader Tip
Set up and fine-tune your watchlists and alerts across all devices in xStation 5—this allows you to react to market moves whether at your desk or on mobile. Use the demo account to test chart layouts and risk controls before trading live, and enable two-factor authentication for enhanced security.
Account Opening and Deposits
Account opening
To open an account with XTB, start by submitting your application on the official XTB website. You’ll be guided through a registration form to provide your personal and financial details. As part of global KYC (Know Your Customer) and anti-money laundering standards, you must upload a valid government-issued photo ID and proof of address; in some cases, proof of income or source of funds may also be requested. You’ll then answer a short regulatory questionnaire about your investment experience and risk tolerance. All required documents are uploaded online through XTB's secure portal. The compliance team typically processes your application within one business day, but this may take longer during periods of high demand. Once approved, you’ll receive a confirmation email and have immediate access to the trading platform and account funding options.
Good to know
Selecting your account base currency (e.g., CAD, USD, EUR) during setup can help you reduce currency conversion costs later—choose the one most in line with your planned deposits and trading instruments.
Item | Details |
---|---|
Opening procedure | Online application, KYC document upload, regulatory questionnaire |
Validation time | Typically 1 business day (may be longer if additional verification is required) |
Accepted deposit methods | Bank transfer, credit/debit card, e-wallets (PayPal, Skrill, etc.), no crypto deposits |
Minimum required deposit | No strict minimum (recommended: $250 for effective trading) |
Required documents | Government-issued ID, proof of address; sometimes proof of income/source of funds |
Practical tip | Ensure documents are clear, not expired, and have matching addresses for fast approval |
Deposits and withdrawals on XTB
XTB accepts deposits via bank transfer, credit/debit card, and popular e-wallets such as PayPal and Skrill. Supported currencies include USD, EUR, and sometimes other majors (CAD support is limited—check with XTB), with instant processing for cards and e-wallets and 1 business day for bank transfers. Most deposit methods are free, but some e-wallets may apply small fees. Withdrawals are processed to your bank account only; they are free for transfers above $100 (or the equivalent in other currencies), with a modest fee for smaller amounts. XTB does not offer direct deposits or withdrawals in cryptocurrencies or stablecoins, nor does it provide an integrated crypto wallet—crypto trading is conducted only via CFDs. Always confirm your account currency and destination bank details before making transfers to avoid fees or delays.
Good to know
Plan withdrawals above $100 to avoid bank transfer fees, and always allow an extra business day for banking/processing times, especially during holidays or periods of high market activity.
Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
---|---|---|---|---|
Credit card | USD, EUR, (possible CAD) | No minimum | Instant | None |
Bank transfer | USD, EUR, (possible CAD) | No minimum, $100 minimum for fee-free withdrawal | 1 business day | None above $100; small fee if below |
E-wallets (PayPal, Skrill) | USD, EUR, (possible options) | No minimum | Instant | May incur small e-wallet provider fee |
Stablecoins or cryptos | Not supported | – | – | – |
Other local options | None (standard global methods only) | – | – | – |
Account Types
XTB is a global CFD and Forex broker offering a broad selection of trading accounts suitable for both beginners and advanced traders, with access to thousands of assets including real stocks, ETFs, forex pairs, commodities, indices, and crypto CFDs. Although XTB is not IIROC-regulated and Canadian residents are served via its overseas entities, it stands out for its strong xStation 5 trading platform, competitive spreads, and an accessible minimum deposit. Demo accounts are available for risk-free practice, and swap-free (Islamic) accounts exist for eligible clients. However, there are no staking, cold storage, or Canadian-style tax-advantaged accounts, making XTB best for those prioritizing global market access rather than registered savings plans.
Account Type | Available | Main Features |
---|---|---|
Demo account | ✅ | 30-day account with $100,000 virtual funds; practice all available instruments risk-free |
Standard account | ✅ | No minimum deposit; full suite of CFDs (forex, indices, commodities, stocks, crypto) |
Raw ECN account | ❌ | Not available; all pricing is via XTB’s internal execution; no raw spread/commission account |
Islamic account | ✅ | Swap-free, on request and only for eligible clients; not all products available |
Professional account | ✅ | For high-volume traders (eligibility required); access to higher leverage and professional support |
CFD account | ✅ | Core offer: trade 5,500+ CFDs (forex, indices, commodities, stocks, ETFs, crypto) |
Classic securities account | ✅ | Trade and hold real stocks and ETFs (commission-free up to monthly turnover limits) |
Staking/earn account | ❌ | Not available; crypto features limited to trading CFDs only |
Cold storage account | ❌ | Not offered; no direct crypto custody or wallet withdrawal |
Tax-advantaged account | ❌ | Not offered; RRSP, TFSA, and RESP unavailable |
Accepted base currencies | ✅ | Multiple options: USD, EUR, GBP, and more (CAD not typically supported as base, conversion applies) |
Trip
If you’re new to trading or want to test the XTB platform, open a demo account first—it lets you explore all features and asset classes with zero risk. For more active or professional traders, carefully compare spreads, leverage, and regulatory protections, as Canadian accounts are not IIROC-covered.
How does XTB compare to competitors?
How does XTB compare to competitors?
Feature | XTB | Trade Republic | Swissquote | Qtrade Direct Investing |
---|---|---|---|---|
Minimum deposit | €1 | CHF 1,000 (approx. $1,500 CAD) | $0 | |
Number of instruments | 10,000+ (Real stocks, ETFs, crypto, bonds) | 3,000+ (Stocks, Forex, CFDs, Crypto, ETFs, Bonds) | Wide range (Canadian & US stocks, ETFs, mutual funds, options, bonds) | |
Spreads (examples) | N/A (no Forex) | From 1.1 pips on major FX pairs | N/A (no spread-based trading) | |
Trading platforms | Mobile App, Web Platform | Advanced Trader, MT4, MT5, Web, Mobile | Proprietary Web & Mobile App | |
Regulation | BaFin (Germany), ECB | FINMA (Switzerland), FCA (UK) | IIROC (Canada), CIPF | |
Demo account | ✅ | ❌ | ✅ | ✅ (30-day trial) |
Copy trading | ❌ | ❌ | ❌ | ❌ |
Read the review | Read the review Trade Republic | Read the review Swissquote | Read the review Qtrade Direct Investing |
Customer reviews
XTB currently has a Trustpilot rating of 4.2 out of 5, based on more than 8,000 reviews as of July 2025.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Excellent and intuitive xStation 5 trading platform
- Fast account opening process with no minimum deposit required
- Competitive spreads on forex and CFD instruments
- Commission-free stock and ETF trading up to a monthly limit
- Responsive and helpful customer support
- Comprehensive educational resources and webinars
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- No Canadian (IIROC) regulatory oversight or local protection
- Limited deposit methods available for some countries
- Platform demo account has a 30-day time limit
- No MetaTrader support (MT4/MT5 unavailable)
- High overnight fees on some instruments
- No physical crypto trading or crypto wallet services
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
_S.G. – 14/06/2025 : “Great platform, easy to use and very transparent with fees.”_ _E.T. – 21/05/2025 : “Customer support is responsive and helpful, but I wish they offered more deposit options.”_ _M.J. – 04/05/2025 : “Spreads are competitive, and I appreciate the commission-free stock trading up to a certain limit.”_
FAQ
Is XTB regulated in CA?
XTB is not regulated in Canada and does not hold an IIROC license. Canadian users access XTB through its international entities, which are regulated by FCA in the UK, CySEC in Cyprus, and KNF in Poland. There is no Canadian investor protection, so users should carefully consider the risks.
What is the minimum deposit on XTB?
There is no required minimum deposit to open an account with XTB. However, a sufficient balance is necessary to open trades, and a minimum of approximately $250 is recommended for practical trading and to cover margin requirements, depending on the products traded.
Does XTB offer a welcome bonus?
XTB does not typically offer a standard welcome bonus for new clients. Regulatory restrictions in many jurisdictions often limit the availability of bonuses or incentives, so any special promotions can vary by region and are generally not available in Canada.
How does leverage work on XTB?
XTB allows leverage up to 1:30 for retail clients on forex, 1:20 on indices and commodities, and up to 1:2 for cryptocurrencies. The available leverage depends on the asset class and jurisdiction, and higher leverage may only be accessible to professional clients who meet specific requirements.
How does XTB make money?
XTB earns revenue from spreads (the difference between the buy and sell prices), commissions on select instruments like stock CFDs and real shares above certain limits, as well as overnight swap fees and currency conversion fees. Most trading on forex and CFDs is commission-free, with costs built into the spread.
Who is behind XTB?
XTB is an established European broker founded in 2002 and is publicly traded on the Warsaw Stock Exchange. The company operates internationally and is overseen by a team of experienced financial professionals, with a track record in global markets.
When was XTB launched?
XTB was established in 2002 and has since expanded across Europe, the Middle East, Asia, and Latin America. It has built recognition for technology-driven platforms and global reach, including regulatory licenses from several jurisdictions.
Does XTB offer copy trading or social trading?
XTB does not provide copy trading, social trading, or PAMM account services. Trading decisions must be made by the individual investor using the xStation 5 platform or supported trading tools.
How can I contact XTB’s customer service?
XTB provides international customer support via email, phone, and live chat. Support is available 24 hours a day from Monday to Friday, with service in English and other languages, but there is no dedicated Canadian support team.
Does XTB offer any promotions or referral programs?
XTB occasionally runs special promotions or referral programs in select countries, but there are no regular referral or cashback programs available to Canadian users. It is best to check the official company website or platform for the latest regional offers.
Is XTB regulated in CA?
XTB is not regulated in Canada and does not hold an IIROC license. Canadian users access XTB through its international entities, which are regulated by FCA in the UK, CySEC in Cyprus, and KNF in Poland. There is no Canadian investor protection, so users should carefully consider the risks.
What is the minimum deposit on XTB?
There is no required minimum deposit to open an account with XTB. However, a sufficient balance is necessary to open trades, and a minimum of approximately $250 is recommended for practical trading and to cover margin requirements, depending on the products traded.
Does XTB offer a welcome bonus?
XTB does not typically offer a standard welcome bonus for new clients. Regulatory restrictions in many jurisdictions often limit the availability of bonuses or incentives, so any special promotions can vary by region and are generally not available in Canada.
How does leverage work on XTB?
XTB allows leverage up to 1:30 for retail clients on forex, 1:20 on indices and commodities, and up to 1:2 for cryptocurrencies. The available leverage depends on the asset class and jurisdiction, and higher leverage may only be accessible to professional clients who meet specific requirements.
How does XTB make money?
XTB earns revenue from spreads (the difference between the buy and sell prices), commissions on select instruments like stock CFDs and real shares above certain limits, as well as overnight swap fees and currency conversion fees. Most trading on forex and CFDs is commission-free, with costs built into the spread.
Who is behind XTB?
XTB is an established European broker founded in 2002 and is publicly traded on the Warsaw Stock Exchange. The company operates internationally and is overseen by a team of experienced financial professionals, with a track record in global markets.
When was XTB launched?
XTB was established in 2002 and has since expanded across Europe, the Middle East, Asia, and Latin America. It has built recognition for technology-driven platforms and global reach, including regulatory licenses from several jurisdictions.
Does XTB offer copy trading or social trading?
XTB does not provide copy trading, social trading, or PAMM account services. Trading decisions must be made by the individual investor using the xStation 5 platform or supported trading tools.
How can I contact XTB’s customer service?
XTB provides international customer support via email, phone, and live chat. Support is available 24 hours a day from Monday to Friday, with service in English and other languages, but there is no dedicated Canadian support team.
Does XTB offer any promotions or referral programs?
XTB occasionally runs special promotions or referral programs in select countries, but there are no regular referral or cashback programs available to Canadian users. It is best to check the official company website or platform for the latest regional offers.