XTB Review 2026
XTB is a Warsaw listed CFD and forex broker with its own xStation platform. Polish regulators fined it twice, most recently 20 million zloty in 2026, and Trustpilot flagged its page for fake reviews.
Min Deposit
$0
Spreads From
0.5 pips
Max Leverage
1:30
Platforms
3
Pros
- Listed on the Warsaw Stock Exchange with public financial reports
- No minimum deposit and no added commission on the standard account
- Regulated in the UK, Cyprus, Poland, Belize, and the UAE with real license numbers
- Award winning xStation 5 platform rated highly on both app stores
- Serves more than two million clients across many countries
Cons
- Fined a record 20 million zloty by Poland's KNF in 2026
- Fined 9.9 million zloty by KNF in 2018 for unfair price slippage
- No MetaTrader 4, MetaTrader 5, or cTrader option, only its own app
- Trustpilot flagged XTB's page in 2026 after removing fake reviews
- A 2025 cyberattack let hackers trade on some client accounts
- Brazil's regulator ordered XTB to stop soliciting clients in 2023
- XTB International in Belize now accepts only 15 named countries since March 2026
- XTB's own figures show up to 75 percent of retail CFD clients lose money
XTB started in Warsaw in 2002. Jakub Zablocki built the firm from a small brokerage into one of the biggest listed CFD and forex brokers in the world. XTB shares have traded on the Warsaw Stock Exchange since 2016, and the company now serves more than two million clients across many countries.
Traders use XTB only through its own xStation 5 platform. There is no MetaTrader 4, MetaTrader 5, or cTrader option. The standard account has no minimum deposit, and EUR/USD spreads run near 0.9 pips with no added commission. Leverage is capped at 1:30 in the UK and EU, but reaches 1:500 via XTB International in Belize.
XTB's record has real problems. Poland's KNF fined the firm 9.9 million zloty in 2018 and a record 20 million zloty in 2026 for misleading clients and hidden conflicts of interest. France's AMF added a 300,000 euro fine in 2021, and Brazil's regulator ordered XTB to stop soliciting clients there in 2023. In 2026, Trustpilot flagged XTB's page and removed fake reviews.
Min. Deposit
USD 0
Max Leverage
1:30 for retail clients in the UK and EU, up to 1:500 via XTB International in Belize
Spreads From
0.9 pips
Platforms
XTB is a publicly listed Polish broker founded in 2002 and regulated by the FCA in the UK, KNF in Poland, and CySEC in Cyprus. Listed on the Warsaw Stock Exchange since 2016, XTB operates across 13 countries with a client base exceeding one million active traders.
The broker's proprietary xStation 5 platform is regarded as one of the best in the retail industry, offering advanced charting, real-time market analysis, a built-in trading calculator, and a performance statistics dashboard. XTB also offers MetaTrader 4 for clients who prefer the classic platform.
XTB provides access to 5,800+ instruments including real stocks and ETFs with zero commission on monthly turnover up to €100,000 — making it one of the most competitive platforms for retail stock investors in Europe. The broker also offers futures, forex, indices, commodities, and cryptocurrency CFDs with competitive spreads.
Standard
Swap-Free
48+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- FCA (UK)
- KNF (Poland)
- CySEC (Cyprus)
- IFSC (Belize)
