Standard Bank Online Trading vs XTB: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeStandard Bank Online TradingXTB
Licence Score48Moderate75Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record16
1 FCA United Kingdom —Licensed
2 CySEC Cyprus —Licensed
2 FSCA South Africa LicensedLicensed
2 DFSA United Arab Emirates —Licensed
2 KNF Poland —Licensed
4 FSC (Belize) Belize —Licensed
Founded18622002
HeadquartersSouth AfricaPoland
TypeTrading bankMulti-asset broker
Publicly listedNoWSE:XTB
PlatformsProprietaryProprietary
Minimum deposit—No minimum
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Frequently asked questions

Is Standard Bank Online Trading or XTB better regulated?

XTB has the higher Licence Score (75 vs 48), based on the number and tier of licences, operating history and public listing.

Which regulators license both Standard Bank Online Trading and XTB?

Both are matched to licences from FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.