{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "xtb-web-bz",
  "urls": {
    "html": "/demo-accounts/xtb-web-bz.html",
    "json": "/demo-accounts/xtb-web-bz.json",
    "markdown": "/demo-accounts/xtb-web-bz.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": null,
    "currency": null,
    "fundsLabel": "Not recorded",
    "fundsNote": "USD only; cannot be changed",
    "expiryType": "none",
    "expiry": "Permanent; no expiry. One demo per user.",
    "expiryNote": "",
    "evidence": "documented",
    "signup": "Email and password in mobile app, then switch profile to demo.",
    "note": "Current international help used. Older UK/general 30-day and 100,000 balance claims not applied to this Belize offering; initial amount not stated.",
    "id": "xtb-web-bz",
    "broker": "XTB",
    "entity": "XTB International Limited",
    "regions": [
      "BZ"
    ],
    "region": "BZ",
    "regionLabel": "Belize",
    "researchScope": "Belize",
    "platform": "web",
    "platformLabel": "XTB proprietary platform / xStation",
    "terms": "Not stated",
    "fundingReset": "Client Office > My Accounts > Demo Accounts > Change Balance.",
    "deposit": "No live account required; instructions explicitly cover users without an XTB agreement.",
    "devices": "Web; mobile",
    "forexCoverage": "Forex CFDs listed on international platform; demo-specific pair count not stated.",
    "eligibility": "International site states page not intended for investors residing in Brazil; full demo eligibility not stated.",
    "evidenceNote": "Official broker documentation; signup and trading not tested.",
    "sources": [
      "xtb-1",
      "xtb-2"
    ],
    "visit": "xtb-1",
    "regulation": {
      "status": "Verified",
      "entity": "XTB International Limited",
      "regulator": "Belize Financial Services Commission (FSC)",
      "finding": "Live LicenSys public search matches XTB INTERNATIONAL LIMITED, number 6442514, status Active. Categories: Trading in Securities as Agent; Trading in Securities as Principal; Arranging Transactions in Securities.",
      "scope": "Exact Belize entity only. Listing does not establish eligibility for every customer's country.",
      "sources": [
        "xtb-reg-1"
      ]
    },
    "signupLink": {
      "kind": "instructions",
      "note": "Set up in the XTB app; this link explains the steps.",
      "status": "Official entry route",
      "url": "https://www.xtb.com/int/help-center/trading-account-2-1/demo-account",
      "sourceUrl": "https://www.xtb.com/int/help-center/trading-account-2-1/demo-account",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "XTB International Limited · Belize forex CFDs; excludes organised-market instruments (OMIs) and fractional-rights execution.",
      "tested": false,
      "role": {
        "value": "Matched principal",
        "status": "Documented",
        "note": "March 2026 Regulations section 3.3 says XTB deals on a matched-principal basis for instruments other than OMIs; exact Belize entity appears in the footer.",
        "sources": [
          "ex-c-xtb-contract"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "OTC prices and volumes; order-triggered dealing",
        "status": "Broker-reported",
        "note": "Section 3.3 says XTB provides OTC prices and volumes and trades result from client orders; this is a contractual model, not an observed routing test.",
        "sources": [
          "ex-c-xtb-contract"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Requires Verification",
        "status": "Requires Verification",
        "note": "International demo FAQ covers setup and balance management, but no specific slippage, liquidity, rejection or charge comparison was established.",
        "sources": [
          "ex-c-xtb-demo"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Role: Matched principal; Arrangement: OTC prices and volumes; order-triggered dealing; Demo: Requires Verification. Official documentation review only; no account or order tests.",
        "remainingChecks": [
          "Obtain current xStation demo/live fill and cost simulation specifications."
        ]
      }
    },
    "markets": {
      "scope": "XTB International Limited · Belize · XTB proprietary platform / xStation. Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-c-xtb-contract": {
      "title": "XTB International Regulations on Provision of Services, March 2026",
      "url": "https://xas-new-cdn.xtb.com/file/0104/52/389da795-280f-41e5-a266-411f6d5ac600/en-regulations-on-the-provision-of-services-20260314-lic26.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Section 3.3, page 6; exact XTB International Limited / Belize footer",
      "access": "Official page/PDF opened and read; no account opened or trading tested."
    },
    "ex-c-xtb-demo": {
      "title": "XTB international demo FAQ",
      "url": "https://www.xtb.com/int/help-center/trading-account-2-1/demo-account",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Demo setup and account management; no detailed execution-equivalence claim",
      "access": "Official page/PDF opened and read; no account opened or trading tested."
    },
    "xtb-1": {
      "id": "XTB-1",
      "title": "XTB International help: Demo account",
      "url": "https://www.xtb.com/int/help-center/trading-account-2-1/demo-account",
      "claims": "Permanent single USD-only demo, signup without live agreement, web/mobile access, balance adjustment; Belize entity and Brazil disclaimer.",
      "checked_date": "2026-10-12",
      "verification": "Official documentation opened; no account test"
    },
    "xtb-2": {
      "id": "XTB-2",
      "title": "XTB International platform",
      "url": "https://www.xtb.com/int/platform",
      "claims": "Proprietary web/mobile platform and international forex offering; entity footer.",
      "checked_date": "2026-10-12",
      "verification": "Official documentation opened; no account test"
    },
    "xtb-reg-1": {
      "title": "Belize FSC LicenSys — XTB public register result",
      "url": "https://licensys.belizefsc.org.bz/#/publicSearch?__meta__formId=6928049e24c807681185b908&Page=1&PageSize=10&SortBy=RegistrationObjectInfo.InitialRegistrationDate%20desc&IsCurrent=true&RegistrationObjectInfo.RegistrationObjectNumber=&RegistrationObjectInfo.RegistrationObjectStatusId=&LicenseeInfo.GeneralLicenseeName=XTB&AppoInfo.Appo.NameUnited=",
      "evidence": "One result: XTB INTERNATIONAL LIMITED; 6442514; Active; agent/principal trading and arranging securities; domain www.xtb.com.",
      "source_date": "UI registration timestamp displayed 31/12/2024 07:00 PM; time zone not stated. Live checked 2026-10-12.",
      "access_note": "Direct official interactive browser search succeeded; full result read after response finished."
    }
  }
}
