XTB Review 2024

The roots of XTB Group can be traced back to 2002 when it started as a small foreign exchange brokerage house in Poland. However, over the last sixteen years, they have expanded into becoming one of the premium brokers in Europe. In 2010, XTB opened a subsidiary in the United Kingdom and currently, it is considered to be one of the leading brokers in the country.

The main differentiating factor of XTB is its unique web-based trading platform. Its platform won the ‘Best Trading Platform 2016′ award by Online Personal Wealth Awards because of its ease of use and rich functionalities.

In our XTB review below you’ll find all the essential information you need to know before deciding whether it’s right for your needs.

Regulation & Trust

In the United Kingdom, XTB Limited is authorised and regulated by the UK Financial Conduct Authority (FRN 52215.

As an FCA-authorised broker, funds are secured under the Financial Services Compensation Scheme (FSCS), up to £50,000 per person.

XTB Group is a global leader in FX & CFD trading, and they are listed on Warsaw Stock Exchange under the symbol XTB since 2016.

Their brokerage and financial services are held to high standards and regulated by a range of regulatory bodies around the World such as:

• XTB Poland

XTB S.A., a financial service provider in Poland, is proudly regulated by the Komisja Nadzoru Finansowego (KNF), ensuring their services are reliable and secure for customers.

• XTB MENA

XTB MENA Limited is a Dubai International Financial Centre-based company providing services under the watchful eye of the DFSA. Located in Unit 1204, Index Tower and Happiness Street of DIFC, XTB MENA operates since 2021 with an official reference No. F006316 from its regulating authority – The Dubai Financial Services Authority (DFSA).

• XTB Belize

XTB International Limited is regulated and authorised by the Belize Financial Services Commission to provide global financial services. Established in 2016, XTB operates out of its headquarters at 35 Barrack Road, 3rd Floor in Belize City.

• XTB Cyprus

XTB Limited is an recognised EU provider of financial solutions since 2018, regulated and licenced by the Cyprus Securities and Exchange Commission. Its headquarters are is based in Limassol.

• XTB Spain

XTB Sucursal, authorized and regulated by the Comisión Nacional del Mercado de Valores in Spain, is based at C/ Pedro Teixeira 8.

• XTB South Africa

The broker is regulated by the local regulator FSCA ((Financial Sector Conduct Authority) in South Africa since 2021.