Is XTB a Scam or Legit?
XTB holds a valid FCA licence. The number is public and verifiable.
XTB is regulated under FCA licence 522157, issued to XTB Ltd. This licence appears in the FCA public register. XTB has been operating since 2002 — 24 years. Scam operations do not maintain long-term regulated status.
The FCA registration
| Regulator | FCA |
| Licence number | 522157 ✓ |
| Registered entity | XTB Ltd |
| Status | Authorised |
| Register | register.fca.org.uk |
| Years regulated | 24+ |
What FCA regulation means for you
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.
All regulatory licences
XTB holds 4 regulatory licences across different jurisdictions. The entity that applies to your account depends on your country of residence.
| Regulator | Licence | Entity | Max leverage |
|---|---|---|---|
| FCA | 522157 | XTB Ltd | 1:30 max |
| CySEC | 169/12 | XTB International Ltd | 1:30 max |
| KNF | DDM-M-4021-57-1/2005 | X-Trade Brokers Dom Maklerski SA | 1:30 max |
| IFSC | 000302/46 | XTB International Ltd | 1:500 max |
How to verify XTB yourself
Go to register.fca.org.uk. Enter the licence number 522157 or search by entity name XTB Ltd. The result should show the entity name, authorisation status, and the specific regulated activities it is permitted to conduct.
This takes under a minute. If a broker cannot be found on the relevant regulator's register, that is a serious warning sign. All legitimate regulated brokers appear there.
Common complaints and what they mean
Most complaints about XTB fall into standard categories: withdrawal processing times, spread widening during news events, and account verification requests. These are normal business practices, not indicators of fraud.
None of these patterns indicate fraud. They are the normal complaints of a commercial brokerage enforcing its terms. Real forex scams operate without any regulatory licence, refuse all withdrawals, and disappear with client funds. That is not the profile of XTB.
Red flags that would indicate a real scam
When researching any broker, watch for these genuine warning signs:
- No licence number listed, or a licence that cannot be found on the official register
- Pressure to deposit more money to unlock withdrawals
- Promises of guaranteed returns or "risk-free" trading
- Platform that only shows profits, never losses
- No physical address or contact information
- Licence from a regulator you have never heard of that has no official website
None of these apply to XTB. Its FCA licence 522157 is publicly verifiable, it has disclosed offices in Warsaw, Poland, and it has operated continuously since 2002.
Frequently asked questions
Is XTB safe to deposit money with?
XTB is FCA-regulated and client funds are held in segregated accounts. UK clients are also covered by the FSCS up to £85,000. This does not eliminate trading risk, but it protects funds from broker insolvency.
Why do people ask if XTB is a scam?
Most forex scam searches come from traders who lost money trading. CFD trading is high-risk — 77% of XTB retail clients lose money. Losing money on a legitimate platform does not make it a scam. Scams refuse all withdrawals and disappear. XTB has processed billions in withdrawals over 24 years of operation.
Is XTB regulated in my country?
XTB holds licences covering 49 countries across 4 regulatory jurisdictions. The entity serving your account depends on your country. Check the full licence table above to find which entity applies to your region.
What happens to my money if XTB goes bankrupt?
FCA-regulated brokers must hold client funds in segregated bank accounts entirely separate from company operating funds. UK clients also have FSCS protection up to £85,000.