My opinion on XTB
XTB stands out as a globally recognized broker, established in 2002, now serving over 800,000 traders worldwide. With competitive spreads from 0.1 pips, low or no account fees, and a wide range of instruments—spanning CFDs on forex, stocks, indices, ETFs, commodities, and 25+ cryptocurrencies (CFDs only)—XTB excels in pricing and product diversity. The broker is regulated by top-tier authorities like the UK FCA, though it is currently not registered with Canadian regulators (IIROC); Canadian clients are onboarded via its international arm. Its proprietary xStation 5 platform is praised for being intuitive, fast, and packed with advanced charting tools. Compared to competitors, XTB is notably more accessible thanks to its $0 minimum deposit, commission-free stock trading up to €100,000/month, and very tight spreads, making it one of the most cost-effective choices among international brokers—though it lacks direct Canadian regulatory coverage. XTB enjoys a strong reputation on Trustpilot, rated 4.2/5 based on 8,000+ reviews, reflecting overall client satisfaction and transparency. According to my experience, XTB is best suited for the following types of traders:
➡️ Cost-conscious traders seeking low spreads and zero-commission stock investing: with spreads starting at 0.1 pips and free stock trading up to €100,000/month, XTB appeals to those prioritizing cost-efficiency and transparent pricing.
➡️ Multi-asset traders looking for wide market access via CFDs: offering CFDs on forex, indices, stocks, ETFs, commodities, and 25+ cryptocurrencies, XTB is ideal for users who want exposure to a diverse range of asset classes from a single platform.
➡️ Intermediate to advanced traders valuing a high-performance platform: xStation 5 is well-suited to those who want fast execution, advanced charting, risk management tools, and seamless user experience—without the complexity of MT4 or MT5.
- ✅Very low spreads from 0.1 pips on major forex pairs and competitive commissions on other assets
- ✅Access to thousands of instruments: real stocks, ETFs, stock and ETF CFDs, indices, commodities, forex, and 25+ crypto CFDs
- ✅No minimum deposit required to open an account
- ✅Commission-free trading on real stocks and ETFs up to €100,000 in monthly turnover
- ✅Advanced, user-friendly proprietary platform (xStation 5) available on web, desktop, and mobile
- ✅Fast execution with minimal slippage
- ✅Wide range of order types, including market, limit, stop loss, and trailing stop
- ✅Comprehensive educational resources and integrated market news
- ✅Responsive multilingual customer support via chat, email, and phone (24/5)
- ✅Free demo accounts with virtual capital
- ✅No deposit fees for most payment methods
- ❌Not regulated by Canadian authorities (trading is under an offshore, FCA-regulated entity)
- ❌No support for MetaTrader platforms (MT4/MT5) or TradingView
- ❌No direct copy trading, PAMM, or social trading features
- ❌Only offers crypto as CFDs (no physical crypto purchase, staking, lending, or wallet services)
- ❌Inactivity fee may apply after 12 months of dormancy
- ❌Overnight fees (swaps) apply on leveraged CFD positions
- ❌No native Islamic/swap-free account for Canadian users
- ❌Minimum withdrawal amount and small fee for withdrawals under $100
- ❌Geographical product restrictions for Canadian clients; some products may not be available
Score- ✅Very low spreads from 0.1 pips on major forex pairs and competitive commissions on other assets
- ✅Access to thousands of instruments: real stocks, ETFs, stock and ETF CFDs, indices, commodities, forex, and 25+ crypto CFDs
- ✅No minimum deposit required to open an account
- ✅Commission-free trading on real stocks and ETFs up to €100,000 in monthly turnover
- ✅Advanced, user-friendly proprietary platform (xStation 5) available on web, desktop, and mobile
- ✅Fast execution with minimal slippage
- ✅Wide range of order types, including market, limit, stop loss, and trailing stop
- ✅Comprehensive educational resources and integrated market news
- ✅Responsive multilingual customer support via chat, email, and phone (24/5)
- ✅Free demo accounts with virtual capital
- ✅No deposit fees for most payment methods
My opinion on XTB
- ✅Very low spreads from 0.1 pips on major forex pairs and competitive commissions on other assets
- ✅Access to thousands of instruments: real stocks, ETFs, stock and ETF CFDs, indices, commodities, forex, and 25+ crypto CFDs
- ✅No minimum deposit required to open an account
- ✅Commission-free trading on real stocks and ETFs up to €100,000 in monthly turnover
- ✅Advanced, user-friendly proprietary platform (xStation 5) available on web, desktop, and mobile
- ✅Fast execution with minimal slippage
- ✅Wide range of order types, including market, limit, stop loss, and trailing stop
- ✅Comprehensive educational resources and integrated market news
- ✅Responsive multilingual customer support via chat, email, and phone (24/5)
- ✅Free demo accounts with virtual capital
- ✅No deposit fees for most payment methods
- ❌Not regulated by Canadian authorities (trading is under an offshore, FCA-regulated entity)
- ❌No support for MetaTrader platforms (MT4/MT5) or TradingView
- ❌No direct copy trading, PAMM, or social trading features
- ❌Only offers crypto as CFDs (no physical crypto purchase, staking, lending, or wallet services)
- ❌Inactivity fee may apply after 12 months of dormancy
- ❌Overnight fees (swaps) apply on leveraged CFD positions
- ❌No native Islamic/swap-free account for Canadian users
- ❌Minimum withdrawal amount and small fee for withdrawals under $100
- ❌Geographical product restrictions for Canadian clients; some products may not be available
Score- ✅Very low spreads from 0.1 pips on major forex pairs and competitive commissions on other assets
- ✅Access to thousands of instruments: real stocks, ETFs, stock and ETF CFDs, indices, commodities, forex, and 25+ crypto CFDs
- ✅No minimum deposit required to open an account
- ✅Commission-free trading on real stocks and ETFs up to €100,000 in monthly turnover
- ✅Advanced, user-friendly proprietary platform (xStation 5) available on web, desktop, and mobile
- ✅Fast execution with minimal slippage
- ✅Wide range of order types, including market, limit, stop loss, and trailing stop
- ✅Comprehensive educational resources and integrated market news
- ✅Responsive multilingual customer support via chat, email, and phone (24/5)
- ✅Free demo accounts with virtual capital
- ✅No deposit fees for most payment methods
Why trust Hellosafe?
I spent time thoroughly testing XTB, opening an account, exploring the xStation 5 platform on both web and mobile, and trading a variety of instruments from forex and indices to stocks and crypto CFDs. I paid close attention to the practical details that matter—such as how tight the spreads really are, what the commission-free stock trading feels like in use, and how clear the fee structure is. To get a rounded perspective, I also reached out to customer support multiple times, checked their responsiveness, and assessed the overall ease of making deposits and withdrawals.
I compared my XTB experience head-to-head with other international and Canadian brokers, weighing the strengths—like user-friendly design and low-trading costs—against important limitations, especially the absence of IIROC regulation for Canadians and the lack of copy trading or PAMM accounts. From my real trading and platform testing, I found XTB can be a solid fit for both newcomers and experienced traders who want direct access to a wide asset selection and competitive costs, but it’s crucial to understand the offshore regulatory context if you’re in Canada.
My insights are based on genuine use and side-by-side comparisons, with the goal of making the risks and rewards of trading with XTB as transparent—and useful—as possible for other Canadians considering this broker.
XTB at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $0 (no minimum deposit required; $250 recommended for trading) |
| 🛡️ Régulation | FCA (UK), CySEC (Cyprus), KNF (Poland); not regulated by IIROC in Canada |
| 🪙 Licence crypto | No direct crypto licence; only crypto CFDs (25+) available |
| 📄 Enregistrement FSMA | Not registered with FSMA (Belgium); operates under international licenses |
| 📈 Actifs disponibles | Thousands (2,500+ stocks, 1,800+ stock CFDs, 300+ ETFs, 140+ ETF CFDs, 50+ forex pairs, 20+ commodities, 40+ indices, crypto CFDs) |
| 📊 Plateformes de trading | xStation 5 (proprietary; web, desktop, mobile) |
| 🛠 Outils de trading | Advanced charting, real-time data, risk management, sentiment analysis, economic calendar, news |
| 🎮 Compte démo | Available (typically 30-day; $100,000 virtual funds) |
| ☪️ Compte islamique | Available on request (swap-free), not for all products |
| 📝 Ordres clés | Market, limit, stop loss, take profit, trailing stop, conditional orders |
| ⚖️ Effet de levier | Up to 1:30 (forex), 1:20 (indices/commodities), 1:2 (crypto CFDs) |
| 💸 Frais | No account/deposit fees; stock trading 0% up to €100,000/month, then 0.2%; forex from 0.1 pips; inactivity fee may apply |
| 📞 Support client | Phone, email, live chat; 24/5 Mon–Fri; English-language support for Canadians |
| 🌟 Avis Trustpilot | 4.2 / 5 (8,000+ reviews, as of July 2025) |
Security & Regulation
XTB offers a compelling trading experience with tight spreads, a robust proprietary platform (xStation 5), and an extensive range of forex, CFD, stock, and ETF instruments. However, as a Canadian trader, the most consequential security factor is that XTB is not regulated by IIROC or any Canadian authority. Client accounts are onboarded via its FCA-regulated or other international entities, which ensures a good standard of operational oversight but does not offer Canadian-specific safeguards such as CIPF coverage or domestic dispute resolution.
Client funds are kept in segregated accounts as mandated by top-tier European regulations, providing a layer of protection against broker insolvency. For CFD and forex trading, XTB delivers essential risk management tools—such as stop loss, take profit, negative balance protection, and mandatory two-factor authentication—which is competitive with most international, but not Canadian, standards.
The broker’s reputation is supported by a strong Trustpilot rating and broad international recognition, with clients often highlighting low costs and platform usability. Nonetheless, the absence of local regulatory protection and government-backed deposit insurance means XTB is best suited to experienced and well-informed investors who are comfortable operating under foreign legal frameworks.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | FCA, CySEC, KNF; not IIROC regulated, no Canadian guarantees or legal recourse | 3/5 |
| Fund security | Segregated client funds (EU/UK rules), but no CIPF, no Canadian insurance | 3/5 |
| Risk management tools | Stop loss, negative balance protection, 2FA, advanced orders; competitive for offshore CFD | 4/5 |
| Notoriety and coverage | 4.2/5 Trustpilot, strong global reviews, limited Canadian reputation | 4/5 |
Fees, Spreads & Commissions
XTB provides a refreshingly transparent pricing model, especially appealing for both new and moderately active traders. With no account opening or maintenance fee, the platform minimizes hurdles to starting an account, and the $0 minimum deposit ensures accessibility. I appreciate that standard accounts offer commission-free stock and ETF trades up to a substantial monthly turnover ($100,000 USD equivalent), after which a modest 0.2% commission (minimum $10) is charged—this is highly competitive in the global online brokerage space and compares favorably to platforms that charge from the first dollar traded.
For CFD and forex trading, XTB stands out with exceptionally tight variable spreads on major pairs (from 0.1 pips) and low trading commissions for stock CFDs (from 0.08% per trade, minimum $8). Crypto CFDs also feature competitive spreads starting around 0.22%. These conditions make XTB a cost-efficient broker for high-frequency and short-term trading strategies, provided Canadian users are comfortable with trading through an international (non-IIROC regulated) entity.
One area to be wary of is the inactivity fee, which applies after 12 months without account activity—a common industry standard but easily overlooked for investors who don’t monitor account usage. Withdrawals above $100 are generally free, though smaller withdrawals may incur a minor fee, and currency conversion charges apply when trading in non-base account currencies. XTB does not embed hidden costs such as custody fees or complex administrative charges, and all fee information is clearly outlined.
XTB does not charge for most deposits and facilitates rapid transfers, furthering its reputation for user-friendliness. The absence of margin or custodial fees on real stocks and ETFs, and a platform that does not apply overnight fees on unleveraged equity positions, keeps ongoing costs low for long-term investors. However, as with any offshore broker, it’s essential to factor in currency risk, regulatory differences, and potential tax considerations that may not apply with a Canadian-regulated provider.
What are the account-related fees?
| Fee Type | Conditions at XTB | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$25/year |
| Withdrawal fee | $0 (bank transfers >$100); <$100, up to $30 | $0–$30 |
| Inactivity fee | $10/month after 12 months inactivity | $10–$20/month |
| Currency conversion fee | ~0.5%–1% added to FX rate (varies by asset/pair) | 0.5%–2% |
Expert advice
Trip: If you focus on stocks or ETFs, keep monthly turnover below $100,000 to benefit from commission-free trading. For active multi-asset traders, consider using a single base currency for your account (USD if trading US markets) to minimize conversion fees that can quietly eat into performance.
What are the fees on stocks and ETFs?
Commission-free trades on real stocks and ETFs up to $100,000 turnover make XTB a top-tier choice for cost-sensitive investors. There is no platform spread markup; you receive exchange prices. For holdings above this threshold, a low 0.2% commission (min $10) applies. Ongoing costs such as custody and overnight fees are not charged on straightforward equity ownership, making the true fee profile highly competitive compared to both legacy banks and most global brokers.
| Fee Type | Conditions at XTB | Market Average |
|---|---|---|
| Commission | $0 up to $100,000/mo; 0.2% above (min $10) | $0–$10/trade |
| Spread fee | Exchange quoted; no markup | $0 (exchange spread) |
| Overnight fee | $0 (non-leveraged equities/ETFs) | $0 |
| Custody fee | $0 | $0–$50/year |
| UK stamp duty tax | 0.5% (only for UK-listed stocks) | 0.5% (if UK) |
What are the fees on cryptocurrencies?
All crypto services at XTB are through CFDs, not via physical coins. Spreads on major crypto CFDs are competitive, starting from 0.22% (variable by market). There are no separate buy/sell commissions or custody fees; holding overnight (leveraged position) incurs a swap, which is typical for all CFD brokers. No fees apply to crypto transfers, as XTB does not provide actual coin withdrawals—costs are thus predictable and fully “in-trade.”
| Fee Type | Conditions at XTB | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | Spread-based (from 0.22%), $0 commission | 0.1%–1% + spread |
| Spread fees | Typically 0.22%–0.5% (major pairs) | 0.2%–1.5% |
| Overnight fees | Applies on leveraged positions | Yes, varies by broker |
| Custody fees | $0 (CFD, not physical crypto) | $0 (CFD); up to 1%/year (if physical) |
| Transfer fees | Not applicable | $0–$25 (if physical) |
What are the fees on CFDs?
XTB delivers some of the tightest spreads and most transparent conditions on CFDs for Canadian-accessible brokers. Leverage is capped according to their international regulatory framework (max 1:30 on forex, 1:20 on indices/commodities, 1:2 on crypto). Overnight (swap) fees are standard; the broker does not mark up index prices or charge hidden commissions on top of published spreads.
| Underlying Asset | Maximum Leverage | Spread at XTB | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 1:5 | 0.08% (min $8) | Standard swap | 0.1%–0.2% |
| Gold (XAU/USD) | 1:20 | 0.3 points | Standard swap | 0.3–0.5 points |
| Silver (XAG/USD) | 1:20 | 0.035 points | Standard swap | 0.04–0.08 points |
| Oil (WTI) | 1:10 | 0.03 points | Standard swap | 0.03–0.08 points |
| EUR/USD | 1:30 | 0.1 pips | Standard swap | 0.1–1.5 pips |
| EUR/GBP | 1:30 | 0.1 pips | Standard swap | 0.2–1.8 pips |
| USD/JPY | 1:30 | 0.1 pips | Standard swap | 0.2–1.6 pips |
| GBP/USD | 1:30 | 0.1 pips | Standard swap | 0.3–2 pips |
| BEL 20 (BEL20) | 1:10 | 0.6 points | Standard swap | 0.7–1.5 points |
| BTC/USD (crypto CFD) | 1:2 | 0.22% (variable) | Standard swap | 0.20%–0.30% |
Assets & Markets
XTB offers one of the broadest selections of CFD instruments and real equities among retail trading platforms available to Canadians, though it is important to recognize that the platform operates under international regulation rather than IIROC in Canada. I value the flexibility to engage with both physical stocks and ETFs on a commission-free basis (up to a generous turnover limit) as well as the opportunity to tactically trade global markets using a deep range of CFDs, including on stocks, indices, ETFs, commodities, and cryptocurrencies.
For active traders, XTB’s xStation 5 platform is a highlight, blending advanced charting, news, and sentiment indicators in a single interface. The breadth of markets is impressive: with 50+ forex pairs at competitive spreads, more than 1,800 stock CFDs, 140+ ETF CFDs, and extensive global index coverage, I am able to employ hedging, day trading, or longer-term strategies without changing platforms. Leverage options suit both conservative and higher-risk profiles, and the absence of ticket charges on spot equities and ETFs (below volume thresholds) adds a significant cost advantage.
One limitation is the lack of access to Canadian-registered accounts such as TFSA or RRSP—crucial for tax planning. While the real stock and ETF universe is global (mainly US and European markets), Canadian listings may be more limited compared to truly domestic brokers. Bonds and options are not as foregrounded as on some competitors, and most importantly, all crypto access is via CFDs—so there is no ability to buy or withdraw physical coins, earn staking yields, or use stablecoins or NFTs on the platform. Additionally, no copy trading or social trading features are present.
Overall, XTB is well-suited to global-minded traders who value low costs, responsive platforms, and a wide range of CFD markets for speculation or hedging, provided they are comfortable trading through an internationally regulated (not Canadian IIROC) brokerage.
| Asset Class | Type | Number at XTB | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | Spot & CFD | 2,500+ (spot), 1,800+ CFD | 2,000–5,000+ | Apple, Tesla, Shell, Siemens |
| ETFs | Spot & CFD | 300+ (spot), 140+ CFD | 500–2,000 | iShares MSCI World ETF, SPY, Vanguard FTSE |
| Cryptocurrencies | CFD | 25+ | 20–200 (CFD/spot) | Bitcoin, Ethereum, Solana, Polkadot |
| Currencies | Spot FX (CFD) | 50+ | 40–80 | EUR/USD, USD/CAD, GBP/JPY, AUD/NZD |
| Commodities | CFD | 20+ | 10–50 | Gold, WTI Oil, Silver, Wheat |
| Indices | CFD | 40+ | 20–70 | US 500 (S&P), DE30 (DAX), UK100 (FTSE), JPN225 |
| Bonds | CFD | Limited offering | 20–100 | Bund CFD, US 10yr T-Note CFD |
| Stablecoins | – | Not available | 2–10 | – |
| NFTs | – | Not available | 5–50 | – |
| Other derivatives | – | Not available | 10–100+ | – |
Trading Tools & Apps
XTB’s platform offering centers on its proprietary xStation 5 suite, available via web, desktop, and mobile. The interface is remarkably intuitive, marrying a clean layout with direct access to a vast range of CFDs, real stocks, ETFs, and crypto products. Navigation is logically organized, allowing quick switching between watchlists, asset classes, chart screens, and portfolio analysis. The educational content and built-in market news further support users seeking to understand both trading tools and market dynamics.
The execution experience stands out for its speed and reliability: trades can be placed in just a few clicks, and all primary order types—including market, limit, stop-loss, take-profit, and even trailing stops—are easily accessible in every version of xStation. Risk management is enhanced by one-click closing of all open positions and robust margin calculators. The absence of MetaTrader and TradingView integration might deter some algorithmic or highly technical traders, but the built-in charting suite remains impressive.
Technical analysis within xStation 5 is well supported, offering dozens of built-in indicators, drawing tools, price alerts, and multi-chart layouts. While the platform lacks the algorithmic scripting or EA/bot functionality of MetaTrader 4/5, its mobile and web apps deliver a consistent, fluid experience suitable for both new and active traders. Real-time sentiment data and an economic calendar add practical insights directly into the trading environment.
Automation options are limited, as XTB does not provide direct auto-trading, APIs, or copy trading. This may be a drawback for systematic or quantitative traders. Nevertheless, negative balance protection is in place for all retail clients, and advanced order management—such as conditional orders and OCOs—is available on most instruments. While spot stocks and ETFs can be purchased outright, all crypto exposure is via CFDs with no custody or staking options.
| Feature | Verified Details |
|---|---|
| Mobile app | xStation Mobile (iOS/Android); no MetaTrader, no TradingView, no crypto wallet app |
| Usability | Highly fluid, visually appealing, accessible for beginners and efficient for active traders |
| Compatible software | Proprietary only (xStation 5 - web, desktop, mobile); no support for MetaTrader, TradingView, or APIs |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, conditional, OCO orders |
| Charting and technical analysis | 30+ built-in indicators, multi-chart layouts, drawing tools; no advanced automation or scripting |
| Auto trading / Automated strategies | Not available; no bots, expert advisors, APIs, or copy trading |
| Algorithmic trading | Not supported; purely manual trading interface |
| Negative balance protection | Yes, for all retail CFD/forex clients |
| Trading signals | News, calendar, sentiment, and video analysis integrated; no third-party signals |
| Asset search and filters | Fast, responsive search by asset, sector, or region; real-time watchlists |
| Spot stock purchase | Yes; real stocks and ETFs available (commission-free up to limit) |
| Staking and earn | Not available for crypto clients |
Tip
Take advantage of XTB’s unlimited demo account on xStation 5 to experiment with advanced order types, price alerts, and risk management settings before you trade with live funds. Use the built-in news, sentiment, and calendar tools to inform your intraday decisions, and remember to enable two-factor authentication on both web and mobile for added account security.
Account Opening & Deposits
Account opening
Opening an account with XTB is a fully online process designed to be accessible and efficient for users in Canada. Start by completing XTB’s digital registration form with your personal and contact details. You’ll then move on to the KYC (Know Your Customer) stage, where you must upload a government-issued photo ID (such as a passport or driver’s license), a recent proof of address (for example, a utility bill or bank statement), and sometimes proof of income or source of funds, especially for larger deposits. As part of regulatory requirements, you’ll answer a brief financial and investment experience questionnaire. After submitting the required documents, XTB reviews your application—most accounts are validated within 1 business day, though this can be longer during periods of increased demand. Once approved, you’ll receive a confirmation email with steps for funding your account and getting started on the xStation 5 platform.
Good to know
XTB allows you to choose your account’s base currency during registration. Selecting the same currency as your primary funding source (e.g., CAD or USD) can help you avoid conversion fees.
| Item | Details |
|---|---|
| Opening procedure | Online application, identity verification (KYC), questionnaire, document upload |
| Validation time | Usually within 1 business day |
| Accepted deposit methods | Bank transfer, credit/debit card, e-wallets (PayPal, Skrill, etc.) |
| Minimum required deposit | $0 officially, but $250 or equivalent is recommended for smooth trading |
| Required documents | Government-issued photo ID, proof of address, sometimes proof of income/source of funds |
| Practical tip | Prepare digital copies of all documents for quick upload and ensure details match your application |
Deposits and withdrawals on XTB
Depositing and withdrawing funds with XTB is straightforward, with a variety of methods available to Canadian users. Accepted deposit methods include local and international bank transfers, credit and debit cards, as well as well-known e-wallets like PayPal and Skrill. XTB supports multiple account base currencies such as CAD, USD, and EUR—confirm this before your first deposit. Deposits by card or e-wallet are typically instant, while bank transfers are credited within one business day. XTB does not charge deposit fees for most methods, though your card provider or payment service may apply their own charges. Withdrawals are processed primarily via bank transfer and are usually completed on the same or next business day. Withdrawals above $100 are free; smaller withdrawals may incur a modest fee. XTB does not currently accept stablecoin or crypto deposits, nor does it provide a personal crypto wallet or direct fiat-to-crypto conversion—crypto exposure is strictly via CFD trading.
Good to know
To minimize delays, always fund your XTB account using a payment method registered in your name. Also, double-check withdrawal thresholds and make sure your bank details are accurate when requesting payouts.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | CAD, USD, EUR, GBP, etc. | $0 | Instant | Possible card provider fee |
| Bank transfer | CAD, USD, EUR, GBP, etc. | $0 | Same/next business day | None from XTB; possible bank charges |
| E-wallets (PayPal, Skrill, etc.) | CAD, USD, EUR | $0 | Instant | E-wallet provider may charge small fee |
| Stablecoins/cryptos | Not accepted | – | – | – |
| Other local options | Not specified | – | – | – |
Account Types
XTB is a global CFD and forex broker, known for its advanced proprietary platform and highly competitive spreads. It is not a crypto platform or a Canadian bank, but a specialized broker offering thousands of instruments—including CFDs on forex, stocks, indices, commodities, and cryptocurrencies—primarily for active and intermediate traders. XTB provides standard and demo accounts, swap-free (Islamic) accounts in select jurisdictions, and professional status for eligible clients. Canadian users should note the lack of IIROC regulation, the absence of tax-advantaged or classic securities accounts, and the fact that crypto services are limited to CFD trading (no direct crypto custody, staking, or wallets).
| Account type | Available (✅/❌) | Main features |
|---|---|---|
| Demo account | ✅ | 30-day practice account with $100,000 virtual funds, real-time market simulation |
| Standard account | ✅ | No minimum deposit required; access to all available CFDs and real stocks/ETFs |
| Raw ECN account | ❌ | Not available; all orders executed via XTB’s dealing desk or STP model |
| Islamic account | ✅ | Swap-free accounts available (conditions apply; not universal for all Canadian clients) |
| Professional account | ✅ | For eligible traders meeting experience and capital criteria; higher leverage, tailored terms |
| CFD account | ✅ | Core offering; access to forex, indices, commodities, stocks, ETFs, and crypto CFDs |
| Classic securities account | ❌ | Physical share ownership not offered to Canadian residents |
| Staking/earn account | ❌ | Not available; no staking or passive crypto yield features |
| Cold storage account | ❌ | Not available; crypto products are CFD-based only |
| Tax-advantaged account | ❌ | Not available; no RRSP/TFSA or registered accounts for Canadians |
| Accepted base currencies | USD, EUR, GBP, others | Multiple currency choices (but not CAD as a primary funding option) |
Trip
If you are new to trading or want to try the xStation 5 platform, start with a demo account—it offers realistic market conditions without risking capital. Advanced users looking for higher leverage or swap-free conditions should review eligibility carefully. Always consider regulatory protection before choosing an offshore broker.
How does XTB compare to its competitors?
| Feature | XTB | Swissquote | Trade Republic | Interactive Brokers (IBKR) |
|---|---|---|---|---|
| Minimum deposit | $10,000 | €1 (or CAD equivalent) | $0 | |
| Number of instruments | Thousands (Stocks, ETFs, CFDs, Forex, Bonds) | Thousands (Stocks, ETFs, Bonds, Crypto; no CFDs) | 150+ global markets: stocks, ETFs, options, futures, forex, bonds, CFDs, crypto | |
| Spreads (examples) | From 1.1 pips (EUR/USD), variable | N/A (forex not offered), €1 flat on stocks/ETFs | From 0.1 pips (EUR/USD), stocks from $0.005/share | |
| Trading platforms | Advanced Trader, MT4, MT5, TradingView | Mobile App, Web Platform | Trader Workstation (TWS), IBKR Mobile, Web Portal, GlobalTrader | |
| Regulation | FINMA (Switzerland); not IIROC in CA | BaFin (Germany); not IIROC in CA | IIROC (Canada), SEC (US), FCA (UK), etc. | |
| Demo account | ✅ | ❌ | ✅ | |
| Copy trading | ✅ (MAM/PAMM) | ❌ | ✅ (via integrations) | |
| Read the review | Read the review Swissquote | Read the review Trade Republic | Read the review Interactive Brokers |
Customer reviews
XTB has a Trustpilot rating of 4.2 out of 5, with more than 8,000 reviews as of July 2025. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy and fast account opening process
- Intuitive and modern xStation 5 platform (web, desktop, mobile)
- Transparent, low trading fees and competitive spreads
- Wide range of CFDs on forex, stocks, indices, commodities, and cryptocurrencies
- Commission-free investing in real stocks and ETFs up to a high monthly limit
- Responsive and helpful customer support
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- No IIROC regulation or Canadian investor protection
- Limited deposit and withdrawal options for some users
- Occasional platform lags during periods of high market volatility
- No support for MetaTrader platforms
- Inactivity fees after a year of no trading activity
- No physical crypto purchase; only CFDs are available
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
m.S. – 29/06/2025 : “Great platform, easy to use and very transparent with fees.”
l.B. – 17/05/2025 : “Customer support is responsive and helpful, but I wish they offered more deposit options.”
a.D. – 03/04/2025 : “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 entity, which is regulated by authorities such as the UK Financial Conduct Authority (FCA) and other global regulators, but this does not provide Canadian investor protection like CIPF.
What is the minimum deposit on XTB?
There is no strict minimum deposit to open a standard account with XTB, making it accessible to new traders. However, a starting balance of around $250 is generally recommended to begin trading effectively. Minimum deposit requirements can vary depending on the chosen payment method.
Does XTB offer a welcome bonus?
XTB does not offer a standard welcome bonus for new clients in most regions, including Canada. Promotional offers may appear occasionally, so it is advisable to check their official website for the latest information on any available incentives.
How does leverage work on XTB?
Leverage at XTB varies by asset class and is subject to regulatory restrictions. Retail forex clients can access leverage up to 1:30, and indices and commodities up to 1:20. Cryptocurrency CFDs offer leverage up to 1:2. Using leverage increases both potential profits and potential risks.
How does XTB make money?
XTB earns revenue primarily through trading spreads and commissions. For most CFDs, costs are built into the spread; for real stocks and ETFs, commission is charged above the free trading limit. There may also be overnight financing costs, currency conversion fees, and small charges for withdrawals below a certain amount.
Who is behind XTB?
XTB is a publicly traded company listed on the Warsaw Stock Exchange and headquartered in Poland. The company has been providing brokerage services since 2002, serving clients globally through its multiple regulated entities.
When was XTB launched?
XTB was established in 2002 and has since grown into one of the leading international brokers, offering forex, CFDs, stocks, ETFs, and more to clients worldwide.
Does XTB offer copy trading or social trading?
XTB does not offer built-in copy trading or social trading functions. Trading is conducted independently via the broker’s proprietary xStation 5 platform, which supports advanced charting, news, and risk management but not social or copy features.
How can I contact XTB’s customer service?
XTB provides customer service by phone, email, and live chat, with support available Monday to Friday, usually 24 hours a day during market sessions. Assistance is available in English and several other languages for Canadian users.
Does XTB offer any promotions or referral programs?
XTB occasionally runs promotions or referral incentives, but there is no ongoing referral or cashback program for Canadian users. It is best to check the XTB website or client portal regularly to stay informed about current offers.
Does XTB provide insurance or proof-of-reserve for customer funds?
XTB holds client funds in segregated accounts under its regulated entities, but Canadian users do not benefit from IIROC or CIPF insurance. The broker does not provide proof-of-reserve for crypto assets, and physical crypto is not available—trading is strictly via CFDs.
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 entity, which is regulated by authorities such as the UK Financial Conduct Authority (FCA) and other global regulators, but this does not provide Canadian investor protection like CIPF.
What is the minimum deposit on XTB?
There is no strict minimum deposit to open a standard account with XTB, making it accessible to new traders. However, a starting balance of around $250 is generally recommended to begin trading effectively. Minimum deposit requirements can vary depending on the chosen payment method.
Does XTB offer a welcome bonus?
XTB does not offer a standard welcome bonus for new clients in most regions, including Canada. Promotional offers may appear occasionally, so it is advisable to check their official website for the latest information on any available incentives.
How does leverage work on XTB?
Leverage at XTB varies by asset class and is subject to regulatory restrictions. Retail forex clients can access leverage up to 1:30, and indices and commodities up to 1:20. Cryptocurrency CFDs offer leverage up to 1:2. Using leverage increases both potential profits and potential risks.
How does XTB make money?
XTB earns revenue primarily through trading spreads and commissions. For most CFDs, costs are built into the spread; for real stocks and ETFs, commission is charged above the free trading limit. There may also be overnight financing costs, currency conversion fees, and small charges for withdrawals below a certain amount.
Who is behind XTB?
XTB is a publicly traded company listed on the Warsaw Stock Exchange and headquartered in Poland. The company has been providing brokerage services since 2002, serving clients globally through its multiple regulated entities.
When was XTB launched?
XTB was established in 2002 and has since grown into one of the leading international brokers, offering forex, CFDs, stocks, ETFs, and more to clients worldwide.
Does XTB offer copy trading or social trading?
XTB does not offer built-in copy trading or social trading functions. Trading is conducted independently via the broker’s proprietary xStation 5 platform, which supports advanced charting, news, and risk management but not social or copy features.
How can I contact XTB’s customer service?
XTB provides customer service by phone, email, and live chat, with support available Monday to Friday, usually 24 hours a day during market sessions. Assistance is available in English and several other languages for Canadian users.
Does XTB offer any promotions or referral programs?
XTB occasionally runs promotions or referral incentives, but there is no ongoing referral or cashback program for Canadian users. It is best to check the XTB website or client portal regularly to stay informed about current offers.
Does XTB provide insurance or proof-of-reserve for customer funds?
XTB holds client funds in segregated accounts under its regulated entities, but Canadian users do not benefit from IIROC or CIPF insurance. The broker does not provide proof-of-reserve for crypto assets, and physical crypto is not available—trading is strictly via CFDs.
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