Broker Dossier
XTB
XTB S.A. · Poland
Is XTB reliable? XTB holds licenses from KNF, FCA, CySEC but is not authorized by the SPK in Türkiye, so local investor protection does not apply for Turkish clients.
Verdict
Not SPK AuthorizedXTB is regulated abroad but is not SPK-authorized in Türkiye; local investor protection is limited.
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.
Pros
- Tier-1 regulator (KNF)
- Verifiable license number
- Established (24+ years)
Cons
- Not SPK-authorized in Türkiye
- Reported user risk signals
Frequently Asked Questions
Is XTB safe?
Our FX Trust Score for XTB is 7.8 out of 10. The firm is not authorised by SPK, so legal protection for investors resident in Türkiye is limited. Leading risk flag: spk tarafından yetkilendirilmemiştir. The score is a weighted summary of public data, not a guarantee.
What country is XTB from?
XTB (XTB S.A.) states its headquarters as Polonya, operating since 2002. Registered regulators: KNF, FCA (522157), CySEC (169/12).
Which company owns XTB?
XTB states that the brand is operated by XTB S.A.. Shareholding structure and ultimate beneficial owners could not be verified from public sources and are therefore not listed here; check the entity in the relevant regulator’s official register.
Is XTB approved by SPK?
No. XTB is not authorised by SPK. It declares KNF, FCA licences, but those do not confer the right to operate in Türkiye. Only SPK-authorised firms may offer forex in Türkiye.
It is regulated globally; however there is no SPK protection in Türkiye, and leveraged trading carries high risk.
User reports include observations about withdrawal times; details are in the complaints section.