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Unregulated

xtb

Cyprus
Reported regulated (unverified) Cyprus Forex, CFD
0.0/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 5.3 / 10
xtb has no verified tier-1 regulatory licence on record. See what this means →
User reviews
License status
None
Operating since
Platforms
Min. deposit
Max. leverage
1:500
Account types
Website status
Unknown

xtb Review — Overview

Updated 22 Aug 2026
Regulation
Reported regulated (unverified)
Licence status
Regulated
Max. leverage
1:500
Instruments
Forex and CFDs
Website
Unknown

xtb is a cryptocurrency exchange based in Cyprus. On Trust Broker Hub it holds a Trust Score of 3.5 out of 10, which we rate as Poor — below the 5.3/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for xtb. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

xtb provides access to forex and CFDs. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, xtb carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation tier & jurisdiction 7.0 / 10 × 50%
Transparency no trading-terms feed for exchanges 4.0 / 10 × 20%
Footprint ownership not verifiable 1.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 5.00
Data completeness 2 of 5 facts verified 40%  ×0.70
Trust Score 3.5 / 10

Trust Score history

xtb currently scores 3.5/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • Reports itself as regulated, but we hold no licence record to verify it
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for xtb. Treat with caution and verify before depositing.

Trading conditions

Self-reported
InstrumentsNot disclosed
Minimum deposit$0
Maximum leverage1:500
Typical spreadNot disclosed
PlatformsNot disclosed
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on xtb

Editorial · updated 22 Aug 2026
Our analysis · editorial 3.5/10

High-risk profile

xtb does not hold a verified regulatory licence on record. It is based in Cyprus. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.5/10 — a high-risk profile.

Strengths
  • No complaints on record with us
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
  • Very high leverage available (1:500) — amplifies risk
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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xtb — Questions & Answers

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag xtb here if that changes.

Full specifications

Regulated region
Cyprus
License status
Regulated
Licences held
Investment Advisory License, Exchange License, XTB is an Investment Advisory License

Frequently asked

Is xtb a safe broker?
xtb scores 3.5 / 10 on our Trust Score, below the 5.3 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
How is the xtb trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from xtb?
xtb publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.