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

Thomas @ 03/12/2021 10:11

12th March 2021

Good trading platform, very good indices, great support

Thomas

Razvan @ 03/12/2021 10:15

12th March 2021

The best one-stop-shop on the market

Razvan

david @ 03/12/2021 10:17

12th March 2021

I tried a lot of brokers but XTB has the best support + education. On the other hand platform is sometimes lugging but not a big deal. Great reputation, reviews and regulations will calm you down and I recommend this broker.

david

Radu @ 03/12/2021 10:19

12th March 2021

XTB is really great, their offer is vast and gives answers to every need. Also the xStation5 platform is very intuitive and user friendly making it easy to use and adapt to it.

Radu

Maria @ 03/12/2021 10:20

12th March 2021

Highly recommended!

Maria

Roberto_Francis @ 03/12/2021 10:22

12th March 2021

Best support and mobile platform!

Roberto_Francis

Maria @ 03/12/2021 10:23

12th March 2021

Highly recommended!

Maria

Steve @ 03/12/2021 10:28

12th March 2021

Everything is perfect, I am really surprised!

xStation 5 platform is amazing

Zero comissions

Fast deposits and safe withdrawals

Helpful account managers

Negative balance protection

News and live analysis

So many products

Steve

Eugen @ 03/12/2021 10:31

12th March 2021

Great platform, very good trading conditions.

Eugen

Eduard @ 03/12/2021 10:32

12th March 2021

By far the best customer service out there! Intuitive platform. I have absolutely no complaints.

Eduard

Ina @ 03/12/2021 10:33

12th March 2021

I highly recommend!

Ina

Lóránt @ 03/12/2021 10:35

12th March 2021

I am very satisfied, they are among the top brokers.

Lóránt

David @ 03/12/2021 10:48

12th March 2021

excellent xStation and Customer Support

David

Alberto @ 03/12/2021 10:54

12th March 2021

Best tech, best Trading Platform xStation, best guys and now best fees. Keep on XTB!

Alberto

Marcos @ 03/12/2021 10:56

12th March 2021

XTB are the best broker to invest. Their offer, their attention and the fast and innovative app makes the trading experience to a next level. I would definitely recommend them

Marcos

Kuba @ 03/12/2021 09:51

12th March 2021

xStation5 is really great, 0% commission shares just wow!

Kuba

thomas @ 03/12/2021 09:40

12th March 2021

XTB is a great Broker,they helped me to set up my account and the platform is easy to use. Highly recommended

thomas

Giorgio @ 03/10/2021 10:57

12th March 2021

XTB can be considered the best broker in Europe. The customer service is really good and the XTB Platform is easy to use, definitely better than others. Glad that XTB offers stocks to trade and a wide range of crypto.

Well done!

Giorgio

Ellis @ 03/10/2021 11:54

11th March 2021

I am very happy and satisfied with XTB! Absolutely recommended!

Ellis

Tayfun @ 03/10/2021 12:12

11th March 2021

Excelent customer service and trading platform. Highly recommend them!

Tayfun

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

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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.
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