Best Overall EU Broker
XTB is one of Europe's largest listed CFD and forex brokers, founded in 2002 and listed on the Warsaw Stock Exchange. With over 2.1 million clients across 13+ countries, it is regulated by the FCA (UK), KNF (Poland), CySEC (Cyprus), and DFSA (UAE). XTB is best known for zero-commission stock and ETF trading up to €100k per month and its proprietary xStation 5 platform.
| 🏛️ Founded | 2002 |
| 📍 Headquarters | Warsaw, Poland |
| 📈 Listed on | Warsaw Stock Exchange (WSE) |
| 📜 Regulators | FCA, KNF, CySEC, DFSA, FSC |
| 💵 Min. Deposit | €0 |
| 💰 Stock/ETF Commission | 0% up to €100k/month |
| 💱 FX / Spread | From 0.1 pip (spread) |
| 😴 Inactivity Fee | €10/month after 12 months |
| 🏧 Withdrawal Fee | Free above €50; €5 below €50 |
| 🖥️ Platforms | xStation 5 (web), xStation Mobile |
| 🎮 Demo Account | Yes |
| 🛡️ Investor Protection | FCA: £85,000 · CySEC/KNF: €20,000 |
| 👥 Clients | 2,100,000+ |
xStation 5 is XTB's proprietary web-based platform, available in a desktop browser and as a mobile app. It features an integrated market news feed, built-in economic calendar, stock and ETF scanner with fundamental filters, technical indicators (Fibonacci, trendlines, Elliot waves), and a customisable workspace. The platform is clean and intuitive, making it suitable for both beginners and intermediate traders. A free demo account is available with €100,000 in virtual funds.
XTB offers over 5,500 instruments. Real stocks and ETFs are commission-free up to €100k/month (0.2% after). The CFD range covers 50+ forex pairs, 35+ indices, 20+ commodities, and 50+ cryptocurrencies. Options on US stocks and ETFs are available in select EU countries (cash-settled, American-style). Bonds and traditional mutual funds are NOT available.
Stock/ETF commissions are 0% up to €100k/month; 0.2% (min €10) above that. Forex and commodity CFD spreads start from 0.1 pip. Crypto CFD spreads start from 0.22%. Currency conversion fee is 0.50%. Withdrawal is free above €50 (€5 below). After 12 months of inactivity with no deposit in the last 90 days, a €10/month inactivity fee applies.
| Stocks & ETFs | 0% up to €100k/month |
| Forex / Spread | From 0.1 pip (spread) |
| Inactivity fee | €10/month after 12 months |
| Withdrawal fee | Free above €50; €5 below €50 |
| Min. deposit | €0 |
XTB is listed on the Warsaw Stock Exchange (WIG30), which requires regular public financial disclosures — adding an extra layer of transparency. Client funds are held in segregated accounts at tier-1 banks. EU and UK clients benefit from negative balance protection. Investor compensation: FCA covers up to £85,000; CySEC and KNF up to €20,000.
| Regulators | FCA, KNF, CySEC, DFSA, FSC |
| Investor Protection | FCA: £85,000 · CySEC/KNF: €20,000 |
| Publicly Listed | Warsaw Stock Exchange (WSE) |
Available in most countries. Not available in: USA, Australia, Japan, India, Singapore, Hong Kong.
XTB is an excellent choice for European investors seeking zero-commission stock and ETF investing combined with a powerful trading platform for CFDs and forex. Its public listing adds financial transparency rarely seen in brokers. The main drawbacks are the limited product range (no bonds/funds) and the inactivity fee after 12 months.
* 69–80% of retail CFD accounts lose money when trading CFDs with this provider.