74% of retail investor accounts lose money when trading CFDs with this provider
- Experts rate XTB Currency Trading highly as a forex broker, noting its FCA regulation, competitive pricing, and robust xStation 5 trading platform. They appreciate the clear display of spreads and pip values on the dealing ticket, as well as the availability of educational resources and currency news, although they mention the absence of financial spread betting and DMA currency trading as drawbacks.
- Across 139 user reviews on Good Money Guide, averaging 4.6/5, customers frequently commend the platform's user-friendly interface, efficient trade execution, and excellent customer service. Many users highlight the educational resources and variety of trading options available, while a few express dissatisfaction regarding specific issues, indicating a mix of positive experiences and some concerns about management practices.
XTB Currency Trading Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated XTB Currency Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- App & Platform4.0
- Customer Service4.0
- Research & Analysis4.5
Pros
- Multi-asset trading
- Competitively priced
- Lots of markets to trade
Cons
- No financial spread betting
- No DMA currency trading
See full expert review
Our verdict
You get a little bit more than just point and click when trading forex with XTB. Specifically, XTB produce their own currency news, have an excellent FX heat map function and simple dealing ticket. Some brokers I feel overcomplicate their forex layout, but XTB, has all the pertinent information where you need it.
74% of retail investor accounts lose money when trading CFDs with this provider
Is XTB a good forex broker?
Yes, we rate XTB as a good forex broker due to their FCA regulation, competitive pricing, robust xStation 5 trading platform and FX education material.
Forex Trading Platform:
One feature I particularly like on the dealing ticket is that the spread is shown as both a spread and pip, with pip value and daily swap (overnight funding) costs clearly displayed. Plus you can see the performance of where a currency pair sits within the one day range compared to the other major forex pairs.
Customer reviews for XTB
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 139 reviews
- Excellent77%
- Very good12%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
4/5
Pros:
NIL
Cons:
lower prices
3/5
Pros:
It has good academic resources
Cons:
they need add pre and post markets for the stocks market
5/5
Pros:
Excelent plattform
Cons:
Augment the trading instuments, though they have a lot
5/5
Pros:
support
Cons:
mid range stocks
5/5
Andrew @ 04/21/2021 10:34
Serious broker. No one of those pushing you for funding. I'm actually surprised with their onboarding team, very helpful.
Thank you.
Jeff @ 03/25/2021 05:03
Very reliable broker, I've recently discovered their xstation mobile, what a gem.
Recommended!
Selcuk KILINC @ 03/21/2021 01:48
I never lost money with XTB. But buy-sell price difference are sometimes too high on some pairs.
Sophie @ 03/19/2021 07:26
I'm not a professional trader, but I'm learning so much with their trading material. Very helpful costumer service, thank you!
Sophie
Mariusz @ 03/18/2021 05:56
A lot of stocks, daily news, 0% fees for etfs. I love it and recommend it.
Tom @ 03/17/2021 08:40
Great trading platform, both desktop/web and mobile. Great uptime and super fast in comparison with other trading platforms.
dorota @ 03/16/2021 10:17
Excelent customer service and trading platform.
kakrzys @ 03/16/2021 10:58
Very satisfied with the broker, good selection of stocks and very trustful.
Mario @ 03/17/2021 04:12
best platforms.
Daily news, support etc. Highly recommend.
Maciek @ 03/17/2021 05:10
Nice app but still Got some missing features. But for me its better then others (using two apps of my banks)
Johan @ 03/17/2021 06:17
Lots of materials to learn from. Great user service. I received a phone call from them and was asked if everything is clear and understandable.
Koray @ 03/16/2021 05:31
Very best broker, and trusted.
Phil Jackson @ 03/16/2021 06:17
Great platform
Superb webinars, Walid Kaudmani and the others really help with my trading.
Waldemar @ 03/16/2021 09:42
Great brokers, xstation5 is easy to use,
Daily news, support etc. Highly recommend.
Chinedu @ 03/16/2021 10:08
Great broker and easy to use platform. Withdrawals are trouble free and the customer service is probably one of the best.
In this guide, we review XTB’s forex trading platform for pricing, market access, platform features, customer service and research and analysis.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
