BrokAIr Reviews

XTB Review

"XTB is one of the few online brokerages that offers traders access to a wide variety of financial instruments including stocks, commodities, currencies, and indices - but is it too good to be true?"

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Overview of XTB

XTB is an online broker founded in 2002 with offices in Poland, Czech Republic, and Spain. The company is regulated by the Financial Supervision Commission in Bulgaria, the Financial Conduct Authority in the UK, as well as the National Bank of Poland. XTB offers its customers access to a range of financial markets such as stocks, commodities, indices, and foreign exchange.

Pros

Cons

Public Opinion

XTB has a generally positive reputation among traders. It is considered a reliable broker with competitive trading conditions. Most traders see it as a cost-effective option with access to multiple platforms and asset classes. However, some traders have complained about high fees and the lack of customer service support.

News Events

In 2020, XTB was recognized as the “Best Broker in Europe” by Global Business Outlook Magazine. It was also named “Best CFD Broker” at the Online Personal Wealth Awards 2020. In 2019, XTB was awarded “Best Forex Broker” at the International Finance Magazine Awards. Additionally, in 2018 XTB received the award for “Best Trading Conditions” at the Global Banking & Finance Review Awards.