Before opening a live trading account with XTB, traders who want to make informed decisions about their trading activities can benefit from this comprehensive guide. This publication provides an in-depth overview of XTB’s spreads, commissions, and fees, empowering traders to understand the costs associated with trading on the platform. Additionally, we provide examples of calculating the related trading costs so traders can clearly understand what trading with this broker involves. Read on to find out more about XTB’s pricing structure.
XTB Trading Costs
XTB offers three types of trading accounts: Standard, Pro, and Islamic. In this section, we will examine the costs associated with the Standard account, which is suitable for retail traders. We will also examine the Pro account and its pricing structure.
XTB’s Standard account uses a spread-based pricing model, incorporating all trading costs into the spread. Commissions for CFD markets, except for Equity CFDs and ETFs, are waived.
Minimum orders start from 0.01 lot, and the maximum allowable leverage for EU customers is capped at 1:30. Traders benefit from Negative balance protection and segregated funds, kept separate from the broker’s assets. While XTB does not support the popular MT4 and MT5 platforms, it offers the innovative xStation trading platform, with more than 6,900 financial instruments across several asset classes. In addition to Forex, XTB provides trading options for Shares, ETFs, Indices, Commodities, Stock CFDs, and ETF CFDs.
XTB’s Pro Account offers tighter spreads coupled with a commission charged on each side of the trade. The commission is $3.5 per side or $7.00 per round turn.
We may use the EUR/USD pair to illustrate how traders can calculate their Forex trading costs with XTB’s Standard and Pro accounts. We will take into consideration trading one standard lot of the EUR/USD pair, with a single pip movement being equal to $10. Let us assume the trade is opened and closed at the same price. For the EUR/USD pair, XTB offers a target spread of 0.9 pips for the Standard account and 0.1 pips for the Pro account. Let us now see how the trading costs are calculated.
XTB Standard Account:
Spread: 0.9 pips
Total Cost: 0.9 x $10 = $9 per side or $18.00 per roundtrip trade of 1 standard lot
XTB Pro Account:
Spread: 0.1 pips
Spread Cost: 0.1 x $10 = $1 per side or $2 roundtrip trade of 1 standard lot
Commission: $3.50 per lot per side or $7.00 per round turn
Total Cost: ($1×2) + ($3.5×2)=$9.00 per roundtrip trade of 1 standard lot
Traders can see that although XTB’s Pro Account type charges a commission, the total trading costs are less compared to the Standard account. As one can expect, due to professional traders’ high-volume trades, they can enjoy tighter spreads and lower total trading costs. That being said, professional traders will lose some of the account protection mechanisms, reserved for retail customers of the broker.
Traders are welcome to refer to the table below and check out XTB’s spreads for several popular Forex instruments. We have calculated the costs per Micro and Standard Lot for the Standard account type.
| Average Spread Costs with XTB Standard Account | ||||
|---|---|---|---|---|
| Currency Pair | Spread (in pips) | Commission per side | Cost per Micro Lot | Cost per Standard Lot |
| EUR/USD | 0.9 | $0 | $0.09 | $9.00 |
| USD/JPY | 1.4 | $0 | $0.091 | $9.14 |
| EUR/GBP | 1.4 | $0 | $0.175 | $17.50 |
| GBP/USD | 1.4 | $0 | $0.14 | $14.00 |
| AUD/USD | 1.3 | $0 | $0.13 | $13.00 |
| USD/CAD | 1.8 | $0 | $0.090 | $9.09 |
| USD/CHF | 1.6 | $0 | $0.177 | $17.71 |
| AUD/CAD | 2.0 | $0 | $0.139 | $13.99 |
| NZD/USD | 1.6 | $0 | $0.16 | $16.00 |
*Currency pairs’ trading cost is expressed in USD
Below, XTB Pro Account holders can see the roundtrip commissions charged for trading 1 Standard, Mini, and Micro lot.
| Roundtrip Commissions for XTB Pro Account | ||
|---|---|---|
| Lot | Units | Roundtrip Commission |
| 1 Standard Lot | 100,000 | $7.00 |
| 1 Mini Lot | 10,000 | $0.70 |
| 1 Micro Lot | 1,000 | $0.07 |
XTB Overnight Funding Costs
Traders interested in keeping their positions open for longer than a single trading day may be interested to learn more about XTB overnight funding costs. Trades that are maintained from one day to the next are subject to rollover fees, also known as swap rates.
The swap represents the amount of interest being charged or credited to a trader’s account to maintain the trade. It varies across the different currency pairs. Swap points can be calculated manually by multiplying the swap point rate by the pip value. They can be either positive or negative, resulting in a debit or credit to the trader’s account.
Alternatively, traders can use XTB’s inbuilt calculator, which is among the xStation’s unique functionalities. Traders need to fill in the volume of the trade, the contract value, and the margin to see the daily swap rates for long and short positions for a particular Forex instrument.
The accruals and charges related to different financial instruments are dependent on various factors such as the type of instrument and the direction of the trade They are subject to change and vary depending on market conditions. Some popular instruments for receiving the highest possible accruals include EURAUD, USDTRY, and USDMXN pairs.
The table below contains information on XTB’s overnight financing rates for several popular Forex pairs.
| XTB Swap Rates on Popular Forex Pairs (standard lot size) | |||
|---|---|---|---|
| Symbol | Base Currency | SWAP Value (Long) | SWAP Value (Short) |
| EUR/USD | USD | -0.006636% | 0.001083% |
| USD/JPY | USD | 0.007178% | -0.014115% |
| EUR/GBP | USD | -0.007515% | 0.001999% |
| GBP/USD | USD | -0.001859% | -0.003653% |
| AUD/USD | USD | -0.003504% | -0.003377% |
| USD/CAD | USD | 0.000181% | -0.005693% |
| USD/CHF | USD | 0.007985% | -0.013534% |
| AUD/CAD | USD | -0.000548% | -0.006295% |
| NZD/USD | USD | -0.003900% | -0.002982% |
Swap-Free Trading Costs at XTB
XTB MENA Limited, regulated by Dubai’s Financial Services Authority (DFSA), offers an Islamic (Swap-Free) account option. The availability of Islamic accounts is limited to certain jurisdictions, including the UAE, Saudi Arabia, Egypt, and Malaysia, among others. Swap-free accounts are designed for Muslim traders who want to trade in compliance with Islamic laws. The swap-free account is available for both the Standard and Pro accounts.
As the account name suggests, traders are not charged for keeping their positions active overnight. Therefore, this account type is completely eligible for traders who cannot pay or receive swaps due to religious beliefs. Instead, they are charged a small administration fee, which can vary depending on the instrument.
The broker’s Islamic trading account offers 1,500+ markets, including Forex, Indices, Commodities, Crypto, and ETFs. The maximum allowable leverage is 1:200 and traders can pick between the proprietary xStation and the MetaTrader4 platform.
Besides the fact that there are no special fees or interest charged to Islamic accounts, XTB offers a cashback program, with the amount of cashback based on traders’ monthly trading volume. The system automatically calculates the amount of cashback payable to customers and deposits it as cash to their account funds. The cashback offer is valid for customers from certain jurisdictions.
XTB Non-Trading Costs
Let us now quickly go through XTB’s non-trading fees to give traders a better idea of all costs to be expected once they create live trading accounts with this broker. Starting with account registration and maintenance, the broker does not charge fees for either. These services are free for all customers, regardless of their account balance.
While there are no maintenance fees, traders must note that an inactivity fee of €10 applies to account holders who have not placed a trade within the last 365 days or have not deposited to their accounts within the last 90 days.
All deposit methods, including transactions via bank cards, bank transfers, and online payments via PayU, Skrill, and PayPal, do not incur fees on behalf of the broker. That said, some deposit methods may incur fees charged by the payment providers.
Withdrawals above €100 are also free of charge. However, traders must note that cashouts below this threshold incur a €10 fee. Transfers of funds between accounts in two different currencies are subject to a currency conversion fee of 0.5% during weekdays and 0.8% during weekends.
| XTB Non-Trading Costs | |
|---|---|
| Deposit Fees | Free |
| Withdrawal Fees | Free above €100 |
| Account Opening Fee | Free |
| Inactivity Fee | XTB does not charge account maintenance fees. A €10 inactivity fee applies in cases where traders have not made Buy or Sell transactions in the last 365 days or deposited within the last 90 days. |
| Currency Conversion Fee | 0.5%/0.8% |
Closing Thoughts on XTB Fees
Overall, depending on the account type traders opt for, Standard, Pro, or Islamic, XTB offers different pricing models. The Standard account features tight spreads, and Pro account holders can benefit from competitive commissions and lower total trading costs due to their higher trading volumes. Islamic accounts are available for traders from particular countries, with the added benefit of receiving cashback directly in their account funds. As such, XTB emerges as a compelling choice for traders of all backgrounds and experience levels.
