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US citizens in the UK · Institutions

Which XTB accounts accept US citizens

Last checked

XTB offers a general investment account to a US person. Also listed below, not yet verified: a stocks and shares ISA.

If you already have an account with XTB, a second one there is usually the easier application, because XTB has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was checked.

Some verdicts below are not yet verified and are marked as such; treat those as leads until confirmed. They are kept out of this page's structured data until a person has checked them.

At a glance

Account Verdict Last checked
Stocks & shares ISAs With strings Not yet verified · last checked
Brokerage accounts Opens

Stocks & shares ISAs

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With strings
Not yet verified · last checked

US persons: the ISA schedule is silent, while its promotion terms exclude US persons

The ISA schedule sets eligibility at 18 or over and UK resident and says nothing about US persons, while XTB's own promotion terms define a US person in full and require that entrants are not one. That leaves the account level position unstated, so get it in writing before subscribing. Note also that its ISA marketing page claims FSCS protection of £120,000 while its terms of business say £85,000; the terms are right, since £120,000 is the deposit limit rather than the investment one.

FSCS £85,000 investment cover · XTB Limited acts as ISA manager

Account Terms The catch
Stocks and Shares ISA
Annual fee
None
Dealing fee
No commission up to €100,000 of monthly turnover, then 0.2% with a £10 minimum
Can hold
Over 9,100 shares and ETFs including fractions from £1. The ETFs are European listed, so PFICs; the direct shares are not.
Individual shares
Yes
US-domiciled ETFs
No
 Currency conversion of 0.5% may apply, and you need an XTB general investment account first.

Source: XTB UK terms of business, ISA schedule, 2026-08-17 XTB's own page

Brokerage accounts

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Opens

Forty pages of UK terms with no US person bar anywhere, and its FATCA clause runs the other way, acknowledging that XTB must report US reportable persons, which presupposes such clients are on its books. That is better evidence than silence. UK residence and UK tax residence are still required, and XTB is a contracts for difference house that added real share dealing, so check you are opening the investment account.

FSCS £85,000 investment cover · FCA authorised

Account Terms The catch
XTB investment account
Annual fee
None, though £10 a month applies after a year without trading and 90 days without a deposit
Dealing fee
No commission up to €100,000 of monthly turnover, then 0.2% with a £10 minimum
Can hold
Real shares and ETFs on UK, US and European exchanges, including fractions. The ETFs are European listed, so they are PFICs for US tax; the direct shares are not.
Individual shares
Yes
US-domiciled ETFs
No
 Currency conversion costs 0.5%, rising to 0.8% at weekends. No custody fee up to €250,000.

Source: XTB UK terms of business, 2026-08-17 Last checked XTB's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

PFIC

Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.

 Tax

ISA US tax

The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.

 Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.