The online brokerage firm XTB requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform.
The minimum amount required with XTB is $0, which can be deposited via various methods, including wire transfer, credit/debit cards and ewallet. It should be noted that the minimum deposit with XTB may vary depending on the type of trading account chosen.
XTB generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency.
What is the XTB minimum deposit?
The XTB minimum deposit is $0.
There is an exception for some non-EU countries where there are three standard accounts with a minimum deposit ranging from $1 to $50,000.
Depending on your country of residence, XTB makes available different deposit methods and account currencies as well.
The XTB minimum deposit features are listed in this table below:
| XTB DEPOSIT FEATURES | CHARACTERISTICS |
|---|---|
| XTB standard account | $0 minimum deposit |
| XTB standard basic account | $1 minimum deposit |
| XTB standard plus account | $10.000v minimum deposit |
| XTB standard vip account | $50.000 minimum deposit |
| Deposit fees | No |
| Withdrawal fees | No |
| Base currencies | USD, EUR, GBP |
74% of retail CFD accounts lose money
Before opening a real account check out our guide to XTB account types to find out about each feature.
What are the XTB account base currencies?
The XTB account base currencies include USD, EUR, GBP.
The base currency availability will depend on your own account location.With that said, if your preferred base currency is not available, you can still deposit in that currency most of the time. You will simply then incur a currency conversion fee to convert the currency you deposited into one of the accepted base currencies.
What are the XTB funding and deposit methods?
The XTB deposit methods features and fees are listed below.
- Wire Transfer: The XTB broker minimum deposit by bank transfer is available on accounts around the world with no minimum deposit imposed. Deposits through this method do not incur any fees from XTB though you should check with your financial institution whether they levy any kind of fee on the transaction.
- As for the available currencies to make your XTB deposit, these are:
- EUR, USD, GBP, and HUF if you are located in the UK or China
- If you are located anywhere else in Europe, then only Euro and some local currencies transfers will be available
- Turkey which accepts both TRY and GBP
- South America where CLP is available
- All other countries worldwide accept only USD deposit
- Credit/Debit cards: XTB deposit by credit card is available with no XTB minimum deposit in place around the world, but not within Turkey. This is the only current exception, and Visa, Mastercard, and Maestro are all accepted for deposit. This deposit method is also fee-free from the XTB side.
- Within both the UK and China, EUR, USD, and GBP are accepted for deposit
- The rest of Europe allows only Euro and some local currencies deposits
- Each other country worldwide accepts USD deposits only
- eWallets: There are various eWallet deposit methods available for XTB around the world. The maximum XTB deposit fee applied here is up to 2%, though this depends on the country you are located in and it may be free within some nations.
- The only exception to this is UAE where they are not available
- When it comes to deposits in Europe, PayU, Skrill, PayPal, ecommpay are generally accepted
- For other countries around the world, Skrill and Neteller are both available to use alongside other methods such as Paysafe and Safety Pay
- Again in the UK and China deposits can be made with this method using EUR, USD, GBP, or HUF. In every other country, USD is accepted only.
- Other Methods: If none of the above methods fit your requirements for an XTB deposit, then there are some other ways. These will also differ and depend on the location where you are based. PaySafe is accepted as an XTB deposit method even though the only accepted currency for deposit is USD and there is no applicable minimum deposit. If you fall under the global regulatory area, you may also have access to a variety of local payment methods under a variety of conditions often with no fee charged.
How does the XTB minimum deposit compare with other major brokers?
The comparison between XTB’s minimum deposit and those of other brokers can be found in this table below:
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
| FEATURES | XTB | PLUS500 | AVATRADE |
|---|---|---|---|
| Minimum deposit | $0 | $100 | $100 |
| Wire transfer | Yes | Yes | Yes |
| Credit card | Yes | Yes | Yes |
| PayPal | Yes | Yes | Yes |
| Number of deposit methods | 12 | 7 | 9 |
| Base Currencies | USD, EUR, GBP | USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, ZAR, SGD | USD, EUR, GBP, JPY, AUD, CAD, ZAR |
Does XTB offer deposit bonuses?
XTB doesn’t offer deposit bonuses at the moment.
Previously, the offering of XTB bonus amounts was commonplace outside the CySEC and FCA regulatory areas. Now though, this system has changed and the company no longer offers any kind of free bonus amounts to traders.
It is worth keeping in mind though that if you deposit enough, depending on your location you may qualify for one of the higher tier levels and gain privileges that way.
If you’re still interested in a deposit bonus you may check our top ten selection for forex brokers bonus promotions to find a broker that fits your needs.