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Edward Alexander R Taylor
Is XTB a safe broker or a scam?
XTB, officially X-Trade Brokers Dom Maklerski S.A., is a publicly listed company on the Warsaw Stock Exchange (ticker: XTB) and has been in operation since 2002. It is one of the largest stock-exchange listed forex and CFD brokers in Europe. The broker is regulated by several top-tier authorities, including the UK Financial Conduct Authority (FCA), the Polish Financial Supervision Authority (KNF), the Cyprus Securities and Exchange Commission (CySEC), and other regional regulators. The official website is https://www.xtb.com . Being a listed company means XTB publishes audited financial statements, subject to public scrutiny and transparency. Client funds are kept in segregated accounts, and European clients benefit from investor protection schemes and negative balance protection. Independent reviewers and financial media often highlight XTB as a safe and credible broker, not a scam. While some traders raise concerns about spreads or platform preferences, there is no evidence of fraudulent activity. Its long history, strong regulation, and public listing give XTB a high trust rating.
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