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XTB Forex: Great for Low Trading Costs

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Even taking their comparative lack of asset variety into account; XTB reigns supreme for traders in search of the least expensive commission rates on the market.

Pros 
  • $0 account minimum
  • Low FX spread costs 
  • Commission-free trades 
  • 48 currency pairs 
  • 20+ global exchanges 
  • 2,100+ stocks and CFDs 
  • Phone, email, live chat support 
Cons 
  • Comparative lack of market variety
  • No downloadable mobile app 
  • No social investing opportunities 
Forex Market Variety: 3.7/5

Although XTB doesn’t offer nearly as many tradable symbols as our higher-ranked picks, they give retail investors a fairly large slice of the pie.

We came across 48 currency pairs that include 23 foreign currencies, Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. Additionally, you’ll find 2,100+ major stocks and CFDs from 20+ global exchanges, which places XTB a bit behind eToro in this area.

Unfortunately, this platform doesn’t offer any sort of CopyTrade program or downloadable mobile app for on-the-go trading. Regardless, XTB’s asset selection accounts for the vast majority of potentially profitable trades you could make.


Commissions & Pricing: 4.8/5

Given their ultra-low FX spread costs, US retail investors can score profit leverages worth up to 10x their investment. For CFD trades; this profit margin can expand to meet 500x your original stake.

You’ll also enjoy commission-free stock, ETF, and crypto transactions throughout XTB’s entire asset library.

Although XTB charges a $10 monthly fee after one year of inactivity has elapsed, they offer fee-free bank wire payouts and a $0 minimum deposit requirement to start trading.

Customer Support: 4.2/5

Over their first 15 years as a Forex brokerage, XTB has gained the trust and loyalty of 500,000+ retail investors.

As such, they emphasize the importance of providing top-notch customer support. Retail investors can get in touch via phone support, live chat, or email contact options from Monday - Friday.

Although their offices are closed on weekends; you’ll have access to fast, highly qualified agents on a 24/5 basis.