Is XTB safe?
XTB is regulated by FCA and 2 more authorities, keeps client funds in segregated accounts, and clients are covered by FSCS (£85,000).
Verdict based on verified regulatory data below. We are not affiliated with regulators.
Who regulates XTB
Licenses held, with registry numbers where public
Why this broker scores 100/100
Full methodology →How safe is your money
Segregated client accounts
Client funds held separately from operating capital. Required by regulator.
Investor compensation: FSCS (£85,000)
If broker becomes insolvent, your covered assets are reimbursed up to the scheme's limit.
Publicly traded company
Listed on a regulated exchange — financials are public.
24 years of operations
Founded 2002. No major regulatory actions on record.
Negative balance protection
You cannot lose more than your account balance.
CFD/crypto exposure
Offers high-leverage products. 74–89% of retail CFD accounts lose money in the long run.
Independent reviews
What could go wrong
- Above-threshold pricing aggressive: 0.2% commission with £10 minimumBeyond €100k/mo turnover (€1.2M annually), commissions ramp to 0.2% with a £10 floor — that's £10 on a £100 trade (10%!). Designed to keep XTB profitable on heavy users; if you're trading €200k/mo, costs add up fast vs IB.
- No options or futures — derivatives are CFD-onlyIf you want to write covered calls, trade SPX options or use futures for hedging, XTB cannot serve you. CFDs on indices and commodities exist but are not the same instrument (different leverage, tax, settlement).
- Demo expires after 30 days of inactivityUnlike IBKR or Admirals (unlimited demo), XTB resets the demo account every 30 days idle. Friction for users wanting to paper-trade strategies over months.
- Trustpilot 'fake reviews removed' notice on broker pageTrustpilot flagged this account for compensated/fake reviews. Headline rating of 3.7 is post-cleanup but the flag suggests the broker did attempt incentivised reviews historically. Material trust signal — verify on the source link.
- Trustpilot flagged reviews for removal · 3.6/5 from 2701Trustpilot has removed reviews flagged as fake — read the rating with that in mind
Frequently asked questions
Is XTB regulated?
Is XTB legit or a scam?
Is my money protected at XTB?
What happens if XTB goes bankrupt?
How we verified this review
Every fact below is verified against primary sources. We refresh on a schedule and on reader feedback.