XTB Review

Investors who want ETFs, stocks and CFDs in one app

BaFin KNF FCA CySEC

Why investors choose this broker

0% stock and ETF commission up to 100 000 EUR monthly turnover
Minimum deposit is 1 EUR
Fractional shares are available for selected stocks
ETF investment plans can start from 15 EUR

Review summary

XTB combines stocks, ETFs, CFDs, options, ETF plans, cash interest and a multi-currency card. Its German branch is supervised by KNF and BaFin.

Pros

0% stock and ETF commission up to 100 000 EUR monthly turnover
Minimum deposit is 1 EUR
Fractional shares are available for selected stocks
ETF investment plans can start from 15 EUR
Automatic interest on non-invested cash
XTB card supports accounts in up to 25 currencies
Negative balance protection is available for CFDs

Cons

Trades above 100 000 EUR cost 0.2%, minimum 10 EUR
Currency conversion fee is 0.50%
Inactivity fee can reach 10 EUR per month after one year
Crypto is offered as CFDs
Retail CFD leverage is capped at 1:30

Company background

XTB is an investment and trading provider with a German branch in Berlin and a main office of XTB S.A. in Warsaw, Poland. The website describes more than 20 years in the investment industry, more than 2 million customers, and more than 1,000 employees. The offer covers long-term investing, active trading, ETF savings plans, interest on non-invested cash, and card-based payment features.

Investors can access stocks, ETFs, fractional shares, investment plans, forex, CFDs, crypto CFDs, options and multi-currency accounts. The stock page mentions more than 7,300 companies, while the ETF page refers to more than 2,000 ETFs. XTB also promotes more than 12,300 investment opportunities across its app.

Fees and pricing

XTB's pricing is centered on free account opening, free account management for active customers, and a 1 EUR minimum deposit. Deposits and withdrawals are free at XTB, although some deposit methods may involve payment provider fees.

Stocks and ETFs are commission-free up to 100 000 EUR in monthly turnover. Above that level, the commission is 0.2% with a minimum of 10 EUR. Currency conversion is 0.50% for stocks and ETFs, and CFD conversion costs are listed as 0.5%. CFD trading is shown with 0% commission, minimum order size of 0.01 lot and minimum spread from 0.00008. Crypto CFD spreads are listed from 0.22% of the market price.

Regulation and safety

XTB S.A. German Branch is authorized by KNF and is subject to KNF supervision, while BaFin supervises the branch under certain provisions. XTB also names BaFin, KNF, FCA and CySEC among the regulators overseeing its business in different markets.

The website describes segregated client funds, negative balance protection, cash protection of up to 100 000 EUR for non-invested deposits held with partner banks, and separate treatment of stocks and ETFs as special assets in insolvency.

Platform experience

XTB offers a web app and a mobile platform available for iOS and Android. The platform page describes access on desktop and mobile devices, education content, research tools, push notifications, investment plans, currency exchange between accounts and interest on non-invested funds.

Pros and cons

XTB's strengths are its broad product mix, low minimum deposit, commission-free stock and ETF allowance, fractional shares, ETF plans, cash interest and multi-currency card features. The main limitations are specific pricing thresholds, currency conversion costs, a possible inactivity fee, leveraged CFD risk, and crypto exposure being presented as CFDs.

Ready to open an account at XTB?

Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.

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Your capital is at risk. Other fees apply.

Trading fees & commissions

Account opening and account management are free for active customers, with a 1 EUR minimum deposit. Stocks and ETFs have 0% commission up to 100 000 EUR in monthly turnover, then 0.2% with a minimum of 10 EUR. Deposits and withdrawals are free at XTB, while currency conversion is 0.50% and an inactivity fee of 10 EUR per month can apply after one year under stated conditions.

Fees

Item	Fee
Cfds	0% commission
Crypto	Spreads from 0.22% of the market price
Account	Free for active customers regardless of account balance
Deposit	Free; some deposit methods may have additional payment provider fees
Inactivity	10 EUR per month after one year if there is no stock or ETF holding and no securities transaction in the last 365 days
Withdrawal	Free
Min Deposit	1 EUR
Fx Conversion	0.50%
Cfd Conversion	0.5%
Investment Plans	0% commission up to 100 000 EUR monthly turnover; above that 0.2%, minimum 10 EUR
Minimum Stock Investment	10 EUR

Trading platform & features

Platforms

Web app
iOS app
Android app

Regulation and investor protection

XTB S.A. German Branch is authorized by KNF and is subject to KNF supervision, with BaFin supervision under certain provisions. XTB also states that client funds are segregated, negative balance protection is available, and different protection arrangements apply to cash, CFDs, and stocks or ETFs.

Broker FAQs

Is XTB safe?

XTB S.A. German Branch is authorized by KNF and is subject to KNF supervision, with BaFin supervision under certain provisions. XTB also states that client funds are segregated and that negative balance protection is available.

Is XTB a scam?

No. XTB S.A. German Branch is registered in Berlin, authorized by KNF, and subject to KNF supervision, with BaFin supervision under certain provisions.

Is XTB regulated and by whom?

XTB names BaFin, KNF, FCA and CySEC among the regulators overseeing its business in different markets. The German branch is authorized by KNF and subject to KNF supervision, with BaFin supervision under certain provisions.

What happens to my money if XTB goes bankrupt?

XTB describes non-invested deposits as held on segregated omnibus trust accounts with partner banks and covered by the German deposit guarantee system up to 100 000 EUR. Stocks and ETFs are described as special assets held separately from XTB's assets and protected from creditor access in insolvency.

Does XTB keep client funds in segregated accounts?

Yes. XTB states that client funds are held in segregated customer accounts and separated from company assets.

What does XTB charge for stock trades?

XTB offers 0% commission on stocks up to 100 000 EUR in monthly turnover. Transactions above that threshold are charged 0.2% with a minimum of 10 EUR.

Does XTB charge an inactivity fee?

Yes, an inactivity fee of 10 EUR per month can apply after one year if there is no stock or ETF holding and no other securities transaction in the last 365 days. The account cannot go negative because of this fee.

What is XTB's currency conversion fee?

XTB lists a currency conversion fee of 0.50% for stocks and ETFs. For CFD trades in other currencies, the listed conversion cost is 0.5%.

Is there a withdrawal fee at XTB?

Withdrawals are listed as free.

What products does XTB offer?

XTB offers stocks, ETFs, fractional shares, ETF investment plans, forex, CFDs, crypto CFDs, options and multi-currency card accounts.

Does XTB offer ETFs?

Yes. XTB offers ETFs and states that investors can access more than 2,000 different funds.

Does XTB offer crypto?

Yes. XTB offers crypto CFDs and describes access to more than 30 cryptocurrencies with 1:2 leverage.

Does XTB offer options?

Yes. XTB offers more than 140 options on ETFs and US stocks.

Can I buy fractional shares on XTB?

Yes. XTB states that fractional shares are available for selected stocks.

What is the minimum deposit at XTB?

The listed minimum deposit is 1 EUR.

How do I open an account at XTB?

XTB says the account application can be started online through the website and identity can be verified through the investment app. The process is described as usually paperless and possible in about 15 minutes.

Does XTB have a mobile app?

Yes. XTB states that its platform is available for mobile devices and supports iOS and Android.

Is XTB good for long-term investing?

XTB supports long-term investing through stocks, ETFs, fractional shares and ETF savings plans. It also offers automatic interest on non-invested cash.

Bottom line

XTB suits investors who want stocks, ETFs, ETF plans and leveraged trading tools in one platform. It may not suit users who want spot crypto exposure or who want to avoid currency conversion, inactivity and CFD-related costs.

XTB

Investors who want ETFs, stocks and CFDs in one app

Open Account

Your capital is at risk. Other fees apply.