Founded
2002 Warsaw, Poland
A listed, multi-regulated broker with real stocks and a strong proprietary platform.
XTB is a publicly listed, multi-regulated broker whose polished xStation 5 platform and access to real stocks and ETFs (not just CFDs) set it apart — strong on safety and range, a touch behind on raw pricing.
The score, by criterion
XTB is authorised across five jurisdictions, including tier-1 FCA (UK), KNF (Poland) and CySEC (EU), and its parent is listed on the Warsaw Stock Exchange — an extra layer of public accountability.
| Regulator | Jurisdiction | Licence / reg. no. | Legal entity |
|---|---|---|---|
| FCA | United Kingdom | 522157 | XTB Limited |
| KNF | Poland | DDM-M-4021-57-1/2005 | XTB S.A. |
| CySEC | Cyprus (EU) | 169/12 | XTB Limited (Cyprus) |
| DFSA | Dubai (DIFC) | F006316 | XTB MENA Limited |
| FSC | Belize | 6442514 | XTB International Limited |
XTB is commission-free on forex and CFDs, with the cost in a variable spread from around 0.8 pips on EUR/USD — competitive, though not as tight as raw-spread ECN brokers. In eligible regions, real stocks and ETFs trade at 0% commission up to a monthly turnover limit, after which a small fee applies.
Rather than MetaTrader, XTB backs a single, highly polished platform — xStation 5 (web and mobile) — praised for usability, charting and integrated research, spanning 10,000+ instruments including real equities and ETFs.
A strong fit for traders and investors who want breadth and a great platform — including real share investing — under solid, listed-company regulation. Those who require MT4/MT5 or the very lowest raw spreads should look elsewhere.
Trading forex & CFDs carries a high risk of loss — between 74% and 89% of retail investor accounts lose money when trading CFDs. This is independent editorial analysis, not financial advice or a recommendation to trade. Figures such as spreads and licences were verified as of August 2026 and may change; always confirm current terms and licence status in the regulator's own register.