Xtbonline.com has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The hidden fees at Xtbonline.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multi-currency support|Copy trading available
Cons: Inactivity fee applies after 12 months|Could offer more webinars
My withdrawal request from Xtbonline.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Dedicated account manager|Educational resources|Segregated accounts
Cons: Limited demo account features|No integrated tax optimization
Opened my account with Xtbonline.com through a financial advisor and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Clean UI|Regular platform improvements|Dividend tracking
Cons: Nothing significant|Search feature is basic
Where do I even begin with Xtbonline.com? since I opened my account last year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Risk management tools|Two-factor authentication|Regular platform improvements
Cons: Wait times can be long during peak hours
Tried to withdraw my funds from Xtbonline.com 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 Xtbonline.com 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: Tax reports included|Multiple order types|Easy withdrawals|Helpful community forum
Cons: Mobile app could be improved
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Xtbonline.com has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
The so-called education at Xtbonline.com is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Professional team|Multi-currency support
Cons: Email notifications too frequent
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Xtbonline.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Dedicated account manager|Fast deposits|API access
Cons: No fractional shares
The only good thing about Xtbonline.com is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Intuitive for beginners|Low minimum deposit
Cons: Limited social trading features|Wish they had more educational resources