XTB

GMG Score

8.6/10

Expert Rating

Pricing
Market Access
Online Platform
Customer Service
Research & Analysis

Customer Reviews

4.6
139 Good Money Guide users have given this provider a review rating of 4.6 out of 5 based on their genuine experience.

XTB Customer Reviews & Expert Rating

  • Experts commend XTB as a strong trading platform, highlighting its competitive spreads and proprietary trading platform. They also note the company’s commitment to client education, having won awards for their trading platform education, while pointing out that XTB is not UK-based and lacks direct market access.
  • Across 139 user reviews on Good Money Guide, averaging 4.6/5, users frequently praise the platform’s user-friendly interface, efficient customer service, and competitive trading conditions. However, some users express concerns about the company’s handling of complaints and issues, indicating a mix of positive experiences with trading and negative feedback regarding customer support responsiveness.

Customer Reviews

4.6
139 Good Money Guide users have given this provider a review rating of 4.6 out of 5 based on their genuine experience.
Excellent
Very good
Average
Poor
Terrible

Kacper @ 03/16/2021 12:26

16th March 2021

Ultimately best broker I have used so far! Great trading app and customer service.

Kacper

Paul kavanagh @ 03/16/2021 09:31

16th March 2021

Great platform

Never any issues

Good training platform

Informative calendar and news

Paul kavanagh

Edalgar @ 03/16/2021 09:30

16th March 2021

Excellent trading platform, great support, very helpful education content and webinars. Fully recommend xtb for starter and professionals.

Edalgar

Mark Thomas @ 03/16/2021 08:51

16th March 2021

It has taken me some time, but I have finally found a excellent broker, tight spreads, an excellent platform, honourable conduct, a genuine trustworthy broker. A pleasure to do business with.

Mark Thomas

CHRIS ANDRIANOPOULOS @ 03/16/2021 08:49

16th March 2021

Great broker , very simple but also very efficient platform , very low spreads in most accets .

Only negative , i can think , is the high charges in stocks trading , you can’t scalp easily.

CHRIS ANDRIANOPOULOS

Bartosz @ 03/16/2021 08:42

16th March 2021

xStation is amazing, videos every morning on YT are helpful and low spreads on derivatives that IÔÇÖm trading also make my life easier.

Bartosz

Teodora @ 03/16/2021 07:05

16th March 2021

Trustworthy broker!

Teodora

Razvan @ 03/16/2021 07:04

16th March 2021

The best broker for short, mid and long term investment

Razvan

Thom @ 03/15/2021 03:47

15th March 2021

In love with their platform xStation5. Bit disappointed because they’re not offering crypto anymore. Overall very good feedback.

Thom

Luk @ 03/15/2021 03:10

15th March 2021

Great plataform , great customer support. Fast withdrawals, great education. One of the best brokers i have tried so far

Luk

Lamar @ 03/15/2021 02:49

15th March 2021

Awesome easy platform and you could even trade in cryptos.

Definitely my favourite broker.

Lamar

James @ 03/14/2021 12:22

14th March 2021

4 out of 5 because the spread on exotic assets is still too high. I’m sure they can still do more. Definitely recommended.

James

Gábor Nagy @ 03/12/2021 03:47

13th March 2021

low sperad, good webinars and learning materials

safe depo and withdraw

i do recommend, also they haveing the best platfor i have used in my 10 Years of experience 😀

Gábor Nagy

francisco @ 03/12/2021 11:12

12th March 2021

They have, in my opinion, the best platform for beginners and pro investors. The customer service & educational content make the difference in my daily trading

francisco

Randy @ 03/12/2021 11:57

12th March 2021

Verry nice Broker.

Perfect for Newstarter and advanced people!

Randy

Maik @ 03/12/2021 11:59

12th March 2021

Best Broker

Maik

Natalia @ 03/12/2021 12:18

12th March 2021

Best platform for trading and also good Customer Service. They answer fast and solving doubts real quick!

Totally recomend them to beginners, and also experiended investors

Natalia

Jose @ 03/12/2021 01:00

12th March 2021

The best broker I know, the platform is simple to use but very complete, the customer service is very good and the trading conditions are excellent.

Jose

Matthew @ 03/12/2021 01:44

12th March 2021

Totally happy with XTB and recommend them to everyone who is interested in trading. I tested a lot of providers but XTB is by far the best.

Matthew

Adam @ 03/12/2021 10:10

12th March 2021

Great platform, very good trading conditions, I welcome education events and materials. I had a positive experience with their customer support.

Adam

Expert Review & Rating

XTB Review: A Great All Round Trading & Investing Platform
Good Money Guide Recommended 2024

Provider: XTB

Verdict: XTB is a CFD and forex broker headquartered in Poland and listed on the Warsaw Stock Exchange (WSE:XTB) valued at over $1bn.  XTB was founded in 2003 and offers forex, indices, commodities, ETF and stock CFD trading. XTB has historically used celebrity endorsements to promote it’s brand including Jose Mourinho, Conor McGregor, Joanna Jędrzejczyk and Jiří Procházka.
72% of retail investor accounts lose money when trading CFDs with this provider

Is XTB a good broker?

XTB, are a decent all-round trading platform and a good choice for most small-to-medium sized CFD traders. They are publically listed in Poland and offer, competitive spreads on a fairly wide range of markets.

The key things to focus on when considering trading with XTB are:

  1. They have their own proprietary trading platform. When I interviewed Omar Arnaout, the XTB CEO Omar Arnout, he said “I’m really proud of our platform and honestly believe it’s one of the best in the market.” Rightly so.
  2. They really push client education, XTB won “Best Trading Platform Education” in our 2023 awards (although they didn’t show up to collect the trophy, they never do). You can read their Q&A on forex education here.
  3. Customer service is paramount. Omar said that “first and foremost is the customer service”. I really agree with this as I think it’s important to have a few different trading accounts (diversify, diversify, diversify) and you’ll trade more with the broker that treats you best.

Pros

  • Publically listed
  • Mulitple platform choices
  • Innovative order types

Cons

  • Not UK based
  • No DMA
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4

Leave A Review

Tell us what you think of this provider.

72% of retail investor accounts lose money when trading CFDs with this provider

XTB FAQs:

Yes, we rate XTB as a good broker and can recommend it based on their pricing, reputation, customer service, regulator status and platform features.

Yes. If you are trading through the FCA regulated entity of XTB your funds are protected by the FSCS. However, it’s important to note that XTB offers CFDs which are a high-risk and volatile way to invest and trade the market.

There is no minimum deposit required to open an account. However, you will need enough funds on account to cover the initial and variation margin of the positions you open.

XTB say it takes one business day to withdraw funds from your account. However, this process may be delayed if you use a different withdrawal/deposit method due to AML regulations.

75% of retail investor accounts lose money when trading CFDs with this provider.
Scroll to Top