XTB Trading World: what the FCA warning says
Fraudsters are using the details of an FCA-authorised firm (XTB Limited) to target people in the UK.
| Warning | XTB Trading World (Clone of FCA Authorised Firm) |
| Type | Clone of an FCA-authorised firm |
| Names used | XTB Trading World (Clone of FCA Authorised Firm) · id="section-clone-firm-details" tabindex="-1" class="copy-block default"> · They may mix these details with the genuine details of authorised firms. |
| Genuine firm being impersonated | XTB Limited — FRN 522157 — www.xtb.com/en |
| Broker in our database | XTB: register-checked regulation page Matched on the genuine firm's FRN 522157 |
| FCA page | fca.org.uk/news/warnings/xtb-trading-world-clone-fca-authorised-firm |
A clone warning protects the genuine firm
The FCA says fraudsters are using the details of XTB's genuine authorised entity to convince people they work for it. Anyone who was cold-called, messaged or emailed by “XTB Trading World” should treat the contact as the clone, not the broker. The genuine firm can only be reached through the contact details on its FCA register entry, and it will never ask you to pay into a personal account or a different company name.
- 1. Open the FCA register yourself and search the firm name and FRN 522157; compare the contact details there with the ones you were given.
- 2. Read the XTB regulation page to see which legal entity would onboard you and what it protects.
- 3. If you have paid money, contact your bank first, then report to the FCA from the warning page.
Other FCA warnings touching XTB
- Capital24 Option (clone of FCA authorised firm) 13 July 2016
- XTB GROUP (Clone of FCA authorised firm) 13 July 2016
Common questions
Is XTB Trading World regulated by the FCA?
No. "XTB Trading World" is a clone: the FCA's warning of 28 December 2023 says fraudsters are using the details of the genuine authorised firm XTB Limited (FRN 522157). Only that genuine firm, reached through the contact details on the FCA register, is authorised.
Is XTB itself the problem?
No. A clone warning is about impersonators. XTB is the genuine firm whose identity is being misused. The risk is to anyone who deals with the clone believing it to be XTB.
What should I do if I have already sent money?
Contact your bank or card provider immediately and ask about recalling the payment or a chargeback, report the firm to the FCA using the link on the warning page, and keep every message and receipt. Be wary of anyone who then contacts you offering to recover the money for a fee.
Warning text © Financial Conduct Authority, reused under the Open Government Licence v3.0. Informational only, not financial advice. Warnings are updated by the FCA; always read the current FCA page before acting.