XTB regulation & licences
Our take
XTB was founded in Poland in 2002 and is listed on the Warsaw Stock Exchange. It is supervised by Poland's KNF and holds licences from the FCA, CySEC, the DFSA and (for international clients) the Belize FSC, along with a South African licence. XTB built its own xStation platform rather than relying on MetaTrader.
Best suited to: European traders who want a listed broker with an in-house platform
Licences on record 6
1 Tier 1 — top-tier regulation
2 Tier 2 — strong regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
XTB is a multi-asset broker founded in 2002 and headquartered in Poland. The group is listed on a public stock exchange (WSE:XTB), which means audited financial statements are published regularly — a meaningful transparency advantage.
In our database XTB is matched to 6 licences from FCA, CySEC, DFSA, FSCA, KNF and FSC (Belize). The strongest of these, the FCA (United Kingdom) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.
Like many international brands, XTB combines onshore and offshore entities. Clients in the UK, EU or other markets where it holds a strong licence are usually onboarded there, while clients elsewhere may be placed with its FSC (Belize)-licensed company. The protections differ substantially, so check which company is named in your client agreement.
Depending on the entity, eligible clients may be covered by FSCS (FCA), Investor Compensation Fund (ICF) (CySEC) and Investor compensation up to the PLN equivalent of €22,000 (KNF). Negative balance protection is mandatory for retail clients under FCA, CySEC and KNF rules. Retail leverage caps apply at the FCA, CySEC and KNF-regulated entities (for example 30:1 on major FX pairs at FCA).
XTB supports its own proprietary platform. The advertised minimum deposit starts at zero (no minimum) — minimums often vary by account type and entity.
Regulatory strengths
- Publicly listed
- EU and UK licences
- Proprietary xStation platform
Points to check
- International clients may be onboarded via Belize
- No MetaTrader
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 FCA | FSCS — up to £85,000 per eligible client per firm | 30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices) | Required for retail clients | Financial Ombudsman Service (FOS) |
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
| 2 DFSA | No compensation scheme | Set under DFSA conduct rules for retail clients; check the firm's disclosures | Not confirmed — check with the broker | DFSA complaints / DIFC Courts |
| 2 FSCA | No compensation scheme; FAIS Ombud handles complaints | No statutory retail leverage cap | Not a regulatory requirement | FAIS Ombud |
| 2 KNF | Investor compensation up to the PLN equivalent of €22,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman (Rzecznik Finansowy) |
| 4 FSC (Belize) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSC Belize |
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XTB regulation FAQ
Is XTB regulated?
Yes — in our database XTB is matched to 6 licences: FCA (United Kingdom), CySEC (Cyprus), DFSA (United Arab Emirates), FSCA (South Africa), KNF (Poland) and FSC (Belize) (Belize). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is XTB a tier-1 regulated broker?
XTB holds 1 licence from regulators we classify as tier 1: FCA.
Does XTB accept US clients?
XTB is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so XTB generally cannot accept US retail forex clients.
Is my money protected with XTB?
Clients of XTB's FCA, CySEC and KNF-regulated entities may be eligible for statutory compensation (FSCS — up to £85,000 per eligible client per firm; Investor Compensation Fund (ICF) — up to €20,000; Investor compensation up to the PLN equivalent of €22,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
What is the minimum deposit at XTB?
XTB advertises no fixed minimum deposit on its standard account, although some account types, payment methods or entities may require one.
How can I verify XTB's licence?
Find the company name and licence number in XTB's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.