OKX, a reputable cryptocurrency company founded in 2017, provides a wide range of products, including mining pools and NFTs. Traders have access to more than 400 crypto tokens through OTC trading and derivatives. The firm features an outstanding web platform, developer tools, and dynamic charts, making it a favoured option for technical traders.
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Pros
A vast array of blockchain products is available, featuring DeFi services, NFTs, and games, along with over 400 established and emerging cryptocurrencies.
In 2025, OKX obtained a MiFID II licence, allowing it to offer regulated derivatives across Europe, ensuring peace of mind for traders.
Access a diverse array of trading instruments, such as futures, options, and perpetual swaps, through both mobile and desktop platforms.
OKX enjoys a strong reputation, serving 20 million clients worldwide and holding a licence from the Dubai Virtual Assets Regulatory Authority.
Traders can obtain historical market information for both spot and futures markets, including OHLC data, aggregate trade details, and trading records.
The platform offers an extensive developer lab and access to a marketplace of pre-built trading bots equipped with automatic arbitrage functionalities.
Active traders benefit from competitive rates, with maker fees starting at 0.02% and taker fees at 0.05%.
Crypto staking and pools offer competitive mining fees starting at 2%.
XTB offers a diverse range of over 7,000 instruments, including CFDs on shares, indices, ETFs, commodities, forex, and cryptocurrencies. The platform also provides real shares, real ETFs, share dealing, and the latest addition, Investment Plans, serving both traders seeking short-term gains and investors focused on long-term growth.
The xStation platform stands out with its user-friendly design and intuitive tools, such as adaptable news feeds, sentiment heatmaps, and a trader calculator. These features streamline the learning process for new traders.
XTB offers a superb array of educational resources, such as training videos and articles, embedded within the platform to assist traders of all experience levels.
XTB has raised its interest rate on uninvested funds and introduced zero-fee ISAs for UK clients, offering access to 3,000 stocks and 700 ETFs for diverse investment opportunities.
Setting up an XTB account is straightforward and fully online, requiring only a few minutes. This simplicity eases new traders into the world of trading.
Top-notch customer support, available 24/5, includes a welcoming live chat with response times under two minutes during tests.
XTB ensures swift access to funds, providing fast withdrawals with same-day payments for requests made before 1 pm.
Cons
The firm has minimal regulatory oversight, which is typical for crypto brokers.
Testing revealed that customer support quality varied.
The broker's platform and features might feel intricate for beginners.
XTB lacks a raw spread account, a feature increasingly offered by competitors such as Pepperstone. This omission might not satisfy traders seeking the most competitive spreads.
The demo account lasts only four weeks, posing a challenge for traders wanting to fully explore the xStation platform and refine short-term strategies before investing actual money.
XTB has stopped supporting MT4, restricting traders to its own platform, xStation. This decision may discourage experienced traders accustomed to using the MetaTrader suite.
Trading fees are competitive, with average EUR/USD spreads of about 1 pip. However, they are not as low as the most affordable brokers, such as IC Markets. Additionally, an inactivity fee applies after a year.
The research tools at XTB are commendable but have the potential to excel further. Enhancing them with access to top-tier third-party services like Autochartist, Trading Central, and TipRanks would significantly elevate their offering.
It is frustrating that XTB products do not allow traders to modify the default leverage level. Manually adjusting leverage can greatly reduce risk in forex and CFD trading.
Awards
Best Forex Broker for Beginners 2022
Best Customer Service 2021
Best Forex Broker for Low Costs 2021
Best Mobile App for Investing 2020
#1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
Each year, XTB's app impresses with its sleek design and clear interface. It's fast, responsive, and full of practical features like integrated sentiment data, market news, economic calendars, and educational content. The intuitive order panel below the chart simplifies trade execution, including take profit and stop loss settings.
iOS App Rating
4.6
4.7
Android App Rating
4.3
4.1
Margin Trading
Yes
Yes
Margin Rate
4.5%
MetaTrader 4
No
No
MetaTrader 5
No
No
cTrader
No
No
AlgoTrader
Yes
No
OmniTrader
No
No
TradingView
No
No
Autochartist
No
No
eSignal
No
No
Trading Central
No
No
STP Account
No
Yes
ECN Account
No
No
DMA Account
No
Yes
MAM Account
No
No
PAMM Account
No
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
No
Yes
P2P Trading
Yes
No
Spot Trading
Yes
Yes
Auto Trading
Yes
Open API
Copy Trading
No
No
Social Trading
No
No
Trade Signals
Yes
VPS Hosting
No
No
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
Yes
Custodial Account
No
No
Guaranteed Stop Loss
No
Yes
Inactivity Fee
$0
Islamic Account
No
Yes
Account Currencies
USD
EUR
GBP
INR
JPY
SGD
RUB
AED
SAR
USD
EUR
GBP
PLN
Commodities
Gold
Oil
Silver
Copper
Cotton
Sugar
Precious Metals
Gasoline
Cocoa
Coffee
Natural Gas
Nickel
Soybeans
Aluminium
Livestock
Corn
Palladium
Platinum
Wheat
Zinc
Lean Hogs
Cattle
CFD
XTB provides an extensive choice of over 2,100 CFDs, covering forex, indices, commodities, stocks, ETFs, and cryptocurrencies, depending on location. In the EU and UK, leverage is capped at 1:30, while global clients and professional traders can benefit from leverage up to 1:500. Renowned for its trading resources and tutorials, XTB excels in helping traders devise effective short-term strategies.
Leverage
1:30
FTSE Spread
1.8
GBPUSD Spread<
1.4
Oil Spread
0.03
Stocks Spread
0.2%
Forex
XTB offers access to over 70 currency pairs, with competitive spreads averaging about 1 pip for major pairs. Its xStation platform is user-friendly, providing traders with top-tier charting tools, over 30 indicators, and diverse order types to support different strategies and risk management needs.
Assets
70+
GBPUSD Spread
1.4
EURUSD Spread
1.0
EURGBP Spread
1.4
Cryptocurrency
OKX provides an excellent range of over 400 tokens, such as Bitcoin and Ripple. Traders can engage in buying and selling tokens or engage in crypto trading on margin through derivatives like perpetual swaps, options, and futures. The platform is distinguished by its competitive fees, wide token selection, and rapid transaction processing.
XTB provides a robust array of over 50 cryptocurrencies, featuring competitive spreads beginning at 0.22% on Bitcoin and leverage up to 1:5. The xStation platform facilitates trading with pairs like ETH/BTC and DSH/BTC. Traders can operate round-the-clock in a secure and transparent cryptocurrency trading environment.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
