xtbmarkettrade.live has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After using xtbmarkettrade.live for the past six months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Two-factor authentication|Social trading features|Dedicated account manager|Demo account available
Cons: Currency conversion fee exists
The reporting at xtbmarkettrade.live is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Social trading features|No hidden fees
Cons: Could offer more webinars
I gave xtbmarkettrade.live a fair chance. After for about three months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Responsive team|Dedicated account manager|High security standards
Cons: Minimum deposit could be lower|No fractional shares
I requested my data from xtbmarkettrade.live under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Demo account available|Responsive team
Cons: Minor UI glitches occasionally
After seeing ads for xtbmarkettrade.live online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises
Tried to withdraw my funds from xtbmarkettrade.live and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I have been trying to close my account with xtbmarkettrade.live for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Easy to use platform|Clear documentation|Regular platform improvements
Cons: No integrated tax optimization|Limited demo account features
What really bothers me about xtbmarkettrade.live is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after seeing their ad online and I fell for the polished exterior. Never again.
Pros: Automated trading options|Real-time alerts|Copy trading available|Professional team
Cons: No crypto staking|Limited demo account features