Overview
XTB Broker Review
XTB is one of the world’s largest brokers giving traders instant access to their favourable financial markets. With over 495,000 customers worldwide, XTB strives to provide the best trading experience and help traders to become the best traders.
It provides access to a wide range of global markets such as Forex, Indices, Commodities, Stocks, Crypto, ETFs, etc. With real-time market statistics and the most detailed charting package, this broker assists you in becoming a better trader. No matter whether you are a newbie trader or a seasoned one, you’ll witness a smooth experience because the platform is user-friendly.
Is XTB Broker safe?
Authorized by the Financial Conduct Authority, XTB is safe, secured, and you can trust them with your money.
Types of accounts offered by XTB and their features:
Standard Account
- Forex, Commodities, Indices, Cryptos, Stock CFDs, and ETF CFDs are available.
- The account setup and management is free.
- You don’t need to pay any commissions for Forex trading, Indices, Stocks CFDs, ETF CFDs, Cryptocurrencies, and Commodities.
- You get the leverage of 1:500
- Minimum spreads – starting from 0.5 spreads.
- Not swap-free.
- Trading platform – xStation, which is available on desktop, mobile, tablet, and web.
- Segregated account’s funds available.
Swap-free Account
- Forex, Commodities, Indices, Stock CFDs, and ETF CFDs are the available instruments.
- The account setup and management is free.
- You don’t have to pay any commission for Forex, Indices, Commodities, Stock CFDs and ETF CFDs.
- You get the leverage of 1:5000 and minimum spreads start from 0.7 spreads.
- Trading platform -xStation that can be accessed via desktop, mobile, tablet, and web.
- Segregated account’s funds available.
Conditions available for different financial markets:
Forex Trading
- Low spreads from 0.1 pips
- 24 hours, 5 days a week
- 48 currency pairs
- No minimum deposit
- Micro Lot trading available
- Fast deposits & withdrawals
Indices
- Trading apps for each device
- Over 20 Indices from all over the World: USA, Germany, China
- You have the ability to go both long and short
- Offers competitive spreads
- Leverage up to 500:1
- The rollovers are quite transparent allowing clear visibility on the chart
Commodities
- Trading is available whole day i.e., 24 hours
- Available on PC, Tablet & Smartphone
- Leverage up to 500:1
- You can trade any popular commodity of your choice like gold, silver, oil, etc.
- Spreads are competitive
Stock CFDs
- Traders can go for both long and short
- Execution is very fast
- 0% commission
- Leverage up to 1:10
- CFDs are available on more than 2100 equities
ETF CFDs
- Protection from negative balance
- 0% commission
- Leverage up to 1:10
- Flexibility of diversifying your trading portfolio
- 60 ETF CFDs available
- Execution is ultra fast
Cryptocurrencies
- Trading costs are low
- Spreads starting from 0.22%
- CFDs available for 10+ cryptocurrencies including Bitcoins, Ethereum, Stellar, Dogecoin, etc.
- Flexibility to trade round-the-clock including weekends.
- Transparent and safe account
- You can access the market even with your mobile phone
- Fast deposits and withdrawals
Payment Methods
You can deposit your funds in a number of ways. Some may incur additional charges while some are free. Like bank transfer is free in XTB brokerage account for USD though your bank may charge a transfer fee. Even credit card charges are free for USD. However, you need to pay some percentage when using the e-wallets.
Note: Any payment from a third party is unacceptable.
Free-trial
XTB brokers offer 30 days free trial so that you can get accustomed with the platform before trading for real. Anyone can make use of the educational materials provided by them including videos, webinars, and courses suitable for both novice and experienced investors.
Customer Support Service
Their customer service team is available 24 hours a day, all weekdays. You can easily get assistance for any problem you face.
Conclusion
Overall, XTB broker is regulated and easy-to-go-with. You have the option to fully customise the platform according to your needs. The execution speed is lightning fast and smooth. Also, you have access to all the necessary trading equipment. With a simple and intrinsic design, you can handle all your trading easily and quickly. Enjoy world class trading experience as now you have access to the global market at your fingertips!
