Is XTB legit?
Yes. On the UK register you can find the answer to is XTB legit: XTB Limited is listed as Authorised with reference number 522157. On 17 January 2011, the Financial Conduct Authority approved the firm. It has permission to hold client money, while the Financial Services Compensation Scheme and the Financial Ombudsman Service both cover you.
Authorised by the FCAFRN 522157on the register since 17 Jan 20119 clone firms on the register
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Among retail investor accounts, 74% lose money when they trade CFDs with this provider. You should consider if you understand how CFDs work and if you can afford the high risk of losing your money.
On 2 Nov 2026, we read these words in XTB's own material at xtb.com.
How XTB compares on loss rate with the wider field
Firms on the register that copy XTB
The FCA register includes 9 clone firms that use this firm's name or details., and none of them is XTB Limited.
- Added 02 Aug 2019: TBFX Limited, a clone of an FCA authorised firm.on the register from 02 Aug 2019
- Added 19 May 2022. XTB Coin Trading appears as a Clone of FCA authorised firm.on the register from 19 May 2022
- Bluebird Options Limited, a clone of an FCA authorised firm. Added 01 Oct 2020.on the register from 01 Oct 2020
- Added 21 Oct 2020: Capital24 Option, a clone of an FCA authorised firm.on the register from 21 Oct 2020
- XTB GROUP (Clone of FCA authorised firm). Date added 15 Mar 2021.on the register from 15 Mar 2021
- Added 25 Mar 2021. House24 Trades Limited is listed as Clone of FCA Authorised Firm.on the register from 25 Mar 2021
- Added 28 Dec 2023: XTB Trading World, a Clone of FCA Authorised Firm.on the register from 28 Dec 2023
- Listed on 07 Feb 2023 as a Clone of FCA authorised firm: XTB-USDT.on the register from 07 Feb 2023
- The 13 Aug 2024 entry names XTB Limited as a Clone of FCA authorised firm.on the register from 13 Aug 2024
Read 2 Nov 2026 from the FCA Financial Services Register
What protects your money
| FSCS | If XTB Limited, an FCA authorised UK firm, fails owing you money, you can receive Financial Services Compensation Scheme cover of up to £85,000 per person. |
|---|---|
| Negative balance protection | Yes, as the broker states |
| Client money | The register shows permission to hold client money |
Read 2 Nov 2026: fscs.org.uk/what-we-cover/investments. Also read 2 Nov 2026: xtb.com/en/forex.
If XTB were to fail
The official register shows that XTB Limited may handle client money for UK customers. You can claim compensation when an authorised provider closes and cannot repay all the money or assets owed to you. We advise asking the firm to confirm that its activity for you is regulated.
For failed investment firms, the Financial Services Compensation Scheme, or FSCS, covers eligible clients up to £85,000 for each person at each firm. After 1 April 2019, this limit covers an authorised firm that fails. Your claim qualifies only if both the provider and the product are regulated by the FCA. The scheme doesn't cover losses caused by market changes. When prices fall, poor investment performance isn't something the scheme pays out for.
The Financial Ombudsman Service can review any complaint the firm hasn't resolved. It can assist with an investment problem when the business is regulated by the FCA.
Check the firm and its website
- Visit the FRN 522157 register entry on register.fca.org.uk.
- Confirm that the listed name is XTB Limited and its status is Authorised.
- Match the register's website, www.xtb.com/en, against the address shown in your browser.
- Treat any name on the clone list above with caution. Calls or messages asking you to move money also deserve caution.
Other options besides XTB: other FCA authorised CFD brokers
Each firm sits in A to Z order, with none ranked above another.
Common questions answered
Is XTB FCA regulated?
Yes, under firm reference number 522157, the FCA regulates XTB Limited. Each authorised company gets a unique code from the regulator, and that's the number. On the register, XTB LIMITED also appears under another entry, with reference number 595249. Since 31 December 2020, the registration for XTB's Cyprus website at www.xtb.com/cy has had the status Cancelled. Once cancelled, a firm has no permission to operate in the UK. It also has no permission to hold client money. Always check that the firm you're dealing with is the authorised UK one, found on https://www.xtb.com/en.
At XTB, is my money protected?
Your trades aren't protected by regulation, though your account is. Negative balance protection prevents retail clients' balances from dropping below £0. Retail leverage on major forex pairs is also capped at 1:30. Without owning the asset, you can use contracts for difference, or CFDs, to bet on price changes. Across XTB, Among retail investor accounts, 74% lose money when they trade CFDs with this provider. Complain to XTB first if administrative errors, overcharging or misleading information cause you to lose money. If its final response doesn't satisfy you, the free Financial Ombudsman Service is able to investigate.
How can I spot XTB clone firms?
Unregulated scams that copy a real company's name, address or reference number are known as clone firms. The FCA register has 9 clone warnings connected with XTB Limited. Scammers often copy a real site and give it a false phone number, or email you through an Outlook or Gmail account. The FCA updates the register every 24 hours on average, although scammers may claim it is out of date. Before sending money, compare every contact detail with the FCA Firm Checker. Call the FCA on 0800 111 6768 if any details differ.
How can you confirm XTB is legit before opening an account?
Before you deposit any money, you can test the platform and use the FCA Firm Checker to check the company. XTB has been in operation since 2004 and provides a free demo account through its xStation platform. You don't need to make a minimum deposit in GBP. XTB's deposit and withdrawal fees are 0. Processing a card or bank wire withdrawal can take up to 3 working days. Our XTB review looks at the 0.5% currency conversion fee and at the spreads.