XTB offers two types of accounts, a standard and pro account. The difference between the two is the lot sizes available to trade and the spreads. Below is a list of details and features for the two types of accounts.
Account type | Standard | Pro |
---|
Scalping | Yes | Yes |
Hedging | Yes | Yes |
Demo account | Yes | Yes |
Micro account | Yes | Yes |
Standard account | Yes | No |
Zero spread account | No | No |
VIP account | No | Yes |
Managed account | No | No |
Islamic account | Yes | Yes |
Min trade | 0.01 lot | 0.1 |
Max trade | 100 lots | 100 lots |
Min deposit | $250 | $250 |
Neg. Balance Protection | Yes | Yes |
Automated Trading | Yes | Yes |
Account Setup | Free | Free |
Trading Platforms | xStation & MT4 | xStation & MT4 |
Forex, Indices, Commodities | No Commission | Commission from $4 per lot |
Stock CFDs and ETF CFDs | Commission from 0.08% per lot | Commission from 0.08% per lot |
Cryptocurrencies | No Commission | Commission from $4 per lot |
XTB charges its client for holding trades beyond the close of a trading day into the next day. These costs vary depending on the instrument and the type of position (i.e. long or short) being held overnight, and in some cases may result in a credit instead of a charge. There are no inactivity fees, and account withdrawals above $100 are free. All retail Client Money is held in segregated client bank accounts, and Islamic accounts are available. For UK citizens there is a required minimum account balance of $250/€250/£250.
Funding an XTB account can be accomplished via bank transfer, e-wallets, or credit card including MasterCard, Visa, PayPal, Paysafecard, Maestro, Neteller, and Skrill. Cards and bank transfer payments are free of charge. E-Wallets like Paypal and Skrill charge a transaction charge of 2% of the deposited amount. XTB processes deposits instantly for e-wallets and card payments, and same day processing for withdrawals for requests made before 1 pm UK time. Bank transfer transactions take up to 3 business days.
Opening an account with XTB is usually completed within 1 to 2-business days. Documents required are a valid ID (i.e. passport, driver’s license, or national ID), and proof of address (i.e. bank statement, utility bill, or tax invoice dated within the last three months and issued to your name and address).
XTB does not accept clients from the following countries: USA, Canada, India, Pakistan, Singapore, Japan, South-Korea, North-Korea, Bosnia and Herzegovina, Afghanistan, Libya, Iran, Iraq, Syria