XTB Deposit and Withdrawal In Detail | $0 Fees

Pros

Cons

  • Supports 5 major account currencies
  • Supports depositing with credit cards, bank transfers, and electronic wallets.
  • Min deposit is $0
  • Min withdrawal with no fee is $100
  • Does not support withdrawal using credit cards or electronic wallets.
  • Depositing using electronic wallets has a 2% fee

XTB or X-trade Broker is one of the best forex and CFD brokers with more than 250,000 users around the world. It was founded in Poland, in 2002 and regulated by different financial authorities including the top-tier UK Financial Conduct Authority (FCA).

Account Currencies

The XTB account has 5 base currency options for its users for deposit and withdrawal. Those currencies are USD, EUR, GBP, HUF, and PLN.

Notes:

  • You will not be charged with conversion fees if your account has the same currency with your bank account or when you trade assets with the same currency of your account.
  • If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.

Deposit

  1. Options

XTB allows several ways to deposit with a no minimum deposit. This includes credit cards, bank transfers, and electronic wallets.

XTB deposit methods

 

XTB

Credit cards

Yes

Bank Transfers

Yes

Electronic wallet

Yes

XTB supports depositing using different electronic wallets such that:

  • Paypal
  • Paysafe (formerly Skrill)
  • Neteller
  • Paydoo
  • PayU
  • SafetyPay
  • ECOMMPAY
  • BlueCash
  • Blik
  • Sofort
  1. Fees

XTB charges nothing when depositing using bank transfers and credit cards, but on the other hand it charges 2% of the amount deposited when using an electronic wallet.

  1. Time

Depositing using credit cards or electronic wallets is instant while depositing using a bank transfer may take several business days.

  1. How to deposit

Steps:

  • Login to your account
  • Choose to deposit
  • Choose the trading account that you would like to deposit funds to and select the deposit method whether it’s by a bank transfer, credit cards, or electronic wallets.

4. Withdrawal

  1. Options

XTB charges nothing when you withdraw your money with a minimum of 100$. The way to withdraw your money is by a bank transfer only.

XTB withdrawal methods and fees

 

XTB

Bank Transfers

Yes

Credit cards

No

Electronic wallet

No

Fee

0$

  1. Fees

If your withdrawal amount is under a specified value, XTB charges you with a fee according to your account base currency as shown in the table below.

XTB min withdrawal fees

Withdrawal amount

Fee

< $100

$20

< €80

€16

< £60

£12

< HUF 12.000

HUF 3.000

  1. Time

It takes 1 business day to withdraw your funds.

  1. How to withdraw

Steps:

  • Login to your account
  • On the bottom right, click ‘Deposit and withdraw funds.’
  • Enter your bank account information along with the amount you want to withdraw
  • Initiate the withdrawal

FAQs

  1. Does XTB allow bot trading?
  • No, XTB does not allow bot trading on their platform.
  1. Does XTB give a bonus?
  • Yes, it gives up to 50% of your first as a bonus if the following conditions applied:

1- Bonus is given for some new clients who are non EU/UK.

2- You’re allowed to get a bonus if you trade with a minimum of 15% of your first deposit.

3- Your first deposit should be at least 100 USD.

  1. Does XTB provide active trader discounts?
  • Yes, XTB will rebate a portion of the spread (from 5% to 30%) back to them when they reach certain volume thresholds.
  1. Does XTB allow scalping?
  • Yes, it allows scalping through their platform xStation 5 and the third party trading platform MT4.


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