Founded in 2002 in Poland, XTB has grown into one of Europe's largest retail forex and CFD brokers, listed on the Warsaw Stock Exchange. With over 300,000 clients worldwide, XTB provides access to more than 4,000 financial instruments, including currencies, indices, commodities, ETFs, and crypto CFDs. For Jordan traders, XTB offers a compelling package: low spreads, fast execution, and a proprietary trading platform, plus the ability to fund your account using local-friendly methods like Skrill and even USDT, which is increasingly popular in the region.
However, the broker does not hold a license from the Jordan Securities Commission (JSC), meaning it operates in the country on an offshore basis. Most Jordanians are onboarded via XTB International Ltd in Belize, which comes with a lower level of investor protection than the UK/EU entities. Despite this, XTB's long track record and transparent pricing make it a viable option for traders who understand the risks and do not require an Islamic account. The broker's education centre is among the best in the industry, and its Arabic-language materials are valuable for local traders.
| Detail | Information |
|---|---|
| Founded | 2002 |
| Headquarters | Poland |
| Regulated by | FCA,CySEC,KNF,IFSC |
| Min Deposit | $0 |
| Max Leverage | 500 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | No |
| Copy Trading | No |
XTB does not offer Islamic or swap-free accounts at any of its regulated entities. This is a major issue for many Jordanian traders, as the majority Muslim population often seeks Sharia-compliant trading accounts that are free from overnight interest charges (swap). Without an Islamic account, Jordanians will incur swap fees on positions held overnight, which can significantly reduce profitability for swing trades and long-term positions.
If you require a true swap-free account, XTB is not the right broker for you. There are other international brokers that offer Islamic accounts with zero overnight fees and no hidden admin charges. If you still choose XTB despite this, you can manually close positions before the rollover time to avoid swaps, but this is not practical for longer-term trading. Some traders have also asked support about 'swap waivers' – XTB's policy is firm: no Islamic accounts are available.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| XTB (current) | $0 | Check broker | No | No | 3.5 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
XTB is a solid, respectable broker that offers excellent execution, low costs, and superb educational resources. For Jordan traders who are comfortable using xStation and do not require an Islamic account, it can be a good choice, particularly for those who want to trade major forex pairs, gold, and indices with tight spreads and fast deposits through USDT or Skrill.
However, the absence of a swap-free account is a critical missing feature for many Jordanians, and the fact that most Jordanian clients are placed under the IFSC-regulated Belize entity means lower investor protection. If you are an experienced trader who prioritises cost efficiency and doesn't need MT4/MT5, XTB is worth considering. But if you are a beginner or a Muslim trader needing Sharia-compliant accounts, you should look elsewhere. Overall, XTB scores 3.5/5 – safe, competitive, but not tailored to the Jordanian market.