XTB is a renowned online broker and one of the largest Forex and CFD brokers listed on a stock exchange. They offer over 1,500 tradable instruments across different asset classes, including forex, cryptocurrency, stocks, indices, bonds, ETFs, metals, energies, and other commodities via their reliable and award-winning platform. XTB treats its clients like worthy partners instead of just statistics. With more than 14 years’ experience in the brokerage industry, XTB has won numerous awards and recognitions as a testament to their quality services, including the Highest rated Forex & CFD Broker (2018) given by the Wealth & Finance International Award and many others.
XTB Review Introduction
In this XTB review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including XTB.
XTB Platforms & Tools
XTB provides their clients with two main trading platforms: their proprietary award-winning xStation 5 and the world-famous MetaTrader 4 (MT4). Both platforms have user-friendly interfaces and advanced charting tools. xStation 5 is available as a web platform that can run any browser and mobile applications for Android and iOS devices, while the MT4 platform is available in desktop applications, web terminal, and mobile apps.
Most of XTB’s trading tools are built into the trading platforms, making them easy to access for effective trading, but the broker also provides clients with an economic calendar and live market commentary.
XTB Research & Education
XTB offers an extensive range of educational materials to help clients improve their trading knowledge. Their education materials include trading courses, online trading academy, video collections, tutorials, and daily webinars.
XTB Trading Accounts
XTB offer their clients just two account types: the XTB Standard and XTB Pro accounts. Both accounts have the same maximum leverage (1:30) and offer market execution, with access to all of XTB’s trading and marketing instruments. The minimum deposit starts from $250, and the Pro account has a tighter spread but with a $2.5 commission.
The broker also offers demo trading accounts to enable clients to practice their trading skills before opening a real account.
XTB Account Funding
This broker offers easy and quick account deposit and withdrawal methods, such as e-wallet (Skrill and PayPal), bank transfer and credit cards. Some methods may have transactional charges, and clients will have to cover for exchange when depositing in currencies different from their bank account. Clients can open accounts in EUR, GBP, and HUF.
XTB Customer Service
The broker has a dedicated support team that is always ready and available 24/5 to answer questions of clients via phone, email and live chat. They would cater to your every need, question and solve your problems with urgency and efficiency.
XTB is registered and regulated by various government authorities across several jurisdictions. The broker is regulated and authorized by International Financial Services Commission Of Belize (IFSC), the United Kingdom’s Financial Conduct Security (FCA), France’s Authorite De Controle Prudentiel Et De Resolution (ACPR), Germany’s Bundesanstalt fur Finanzdienstleitungsaufsicht (Bafin), Poland’s Komisja Nadzoru Finansowego (KNF), Spain’s Comision Nacional Del Mercado De Valores(CNCV), and Turkey’s Capital Market Board(CMB).
XTB Review Summary
XTB is a fully licensed and globally regulated online trading broker that offers superior execution on a reliable award-winning platform. They are world-renowned brokers dedicated to aiding their clients every step of the way.
It is worth mentioning that some of the trading products and services in this XTB review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the XTB broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.