XTB

XTB is a Polish broker headquartered in Warsaw. Jakub Zabłocki founded it in 2002 as X-Trade Brokers, and its shares have been listed on the Warsaw Stock Exchange since 2016. XTB states that it serves more than 2.9 million investors, with offices in more than a dozen countries including the UK, Germany and the United Arab Emirates.

Features

• Real stocks and ETFs on exchanges worldwide, with a 0 percent commission offer introduced in 2020
• Thousands of CFDs on currencies, indices, commodities, stocks and ETFs
• The in-house trading platform xStation, available as web and mobile app
• Licences in several jurisdictions, starting with the Polish KNF in 2005

Good to know

CFDs are leveraged and complex products, and European regulators require brokers to warn that a large share of retail accounts loses money with them. Founder Jakub Zabłocki is the main shareholder of XTB.