XTB review: is it the most fee-advantaged broker on the market?

Choosing a broker is one of the most important things that every good investor should thoroughly consider before embarking on the actual investing. There are many brokers on the market today, so it is important to know how each broker differs from the other. Every investor is looking for something a little different. Today I will focus on XTB, formerly X-Trade Brokers.

XTB was founded in 2002 in Warsaw, Poland. Since 2016, the firm has been publicly traded on the Warsaw Stock Exchange, so it is forced to issue annual reports. So you can see for yourself how XTB is doing financially. Broker transparency is one of the important things. It has licenses from both the Czech National Bank and the National Bank of Slovakia. We can find more than 10 branches of the company across Europe, including the Prague branch, which was the first foreign branch. It offers trading in stocks, CFDs, ETFs, forex, commodities, but also cryptocurrencies.