XTB Review

XTB is a renowned online broker and one of the largest Forex and CFD brokers listed on a stock exchange. They offer over 2100 plus 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 is regulated with International Financial Services Commission in Belize (IFSC), Komisja Nadzoru Finansowego (KNF) in Poland, Financial Conduct Authority in the United Kingdom, and Comisión Nacional del Mercado de Valores in Spain. XTB treats its clients like worthy partners instead of just statistics. With more than 15 years of experience in the brokerage industry, XTB has won numerous awards and recognitions as a testament to their quality services.

Markets

XTB has been dealing with a wide range of products, including Forex, Indices, Commodities, Stock CFDs, ETFs, and cryptocurrencies.

Forex Trading

XTB has been dealing with about 48 currency pairs. The currency pairs include most traders’ currencies like EURUSD and GBPUSD. XTB charges low spreads on forex trading starting from 0.1 pips. With the fast deposit and withdrawal variable, you can kick start your forex trading career within a few days.

Indices Trading

XTB enables you to trade over 20 indices all over the world. You can trade in economic hubs like USA, Germany, and China. XTB charges competitive spreads on indices while providing the leverage of up to 500:1. With trading apps for android and iOS, one can trade wherever he is.

Commodities Trading

You can trade popular commodities like Gold, Silver, and Oil with XTB. The spreads are market competitive while the leverage is offered up to 500:1. You can trade the commodities on PC, Tablet and Smartphone.

Stock CFDs

On the XTB platform, you can trade on more than 2100 equities. The trades are executed in ultrafast mode. If you want to go long or trade short, it’s up to you. The commission is as low as 0.08% on stock CFDs.

ETF CFDs

XTB offers 60 ETF CFDs to trade on their platform. They provide negative balance protection. The leverage is offered up to 1:10. The commission starts from 0.08%. ETF CFDs are the opportunity to diversify your portfolio.

Crypto Trading

Whole dealing in crypto XTB provides the opportunity to trade the popular crypto like Bitcoin, Ethereum, Stellar, and Dogecoin even on the weekends. So, access the market from your mobile apps. XTB charges low trading costs, and the spreads start from 0.22%.

Platforms

XTB provides its 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 terminals, and mobile apps.

MetaTrader 4 Platform

MetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.

Millions of traders with a wide range of needs choose MetaTrader 4 to trade in the market. The platform offers ample of opportunities to traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, as well as mobile trading applications.

Signals and Market additional services extend MetaTrader 4 frontiers. The Signals service allows you to copy trades of other traders, while the Market provides you with various Expert Advisors and Technical indicators that you can buy.

XTB MetaTrader 4 Platform
XTB MetaTrader 4 Platform

xStation Mobile Trading App

While the MetaTrader 4 mobile software is accessible in certain areas, XTB’s own xStation 5 mobile app is significantly better and available worldwide. Without a doubt, XTB’s mobile app can compete with the greatest forex brokers. The xStation 5 app is well-designed and has many features similar to the online version, such as streaming news, predefined watchlists, an economic calendar, top movers, and client sentiment data. Some integrated films in the mobile app also provide webinar-style instructional information, with several courses lasting more than an hour.

XTB xStation 5 Mobile Trading App
XTB xStation 5 Mobile Trading App

xStation 5

Aside from its flexible, responsive style, 30 sketching tools, and 39 technical indications, xStation 5 has a few standout features. For example, the charts feature a countdown timer that displays the amount of time remaining in each candlestick. Economic news releases also display along the bottom axis of its charts, giving traders useful information during major economic events. The xStation 5 platform, XTB’s flagship product, provides an exceptional experience for web, mobile, tablet, and even iOS and Android watches. Color-coded heat mapping for assessing top movers, a comprehensive stock screener, and sentiment data that reveals the proportion of XTB customers who are long or short for a certain trade symbol are among the trading tool features.

XTB xStation 5 Trading Platform
XTB xStation 5 Trading Platform

Tools

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.

Education

XTB offers an extensive range of educational materials to help clients improve their trading knowledge. Their education materials include trading courses, an online trading academy, video collections, tutorials, and daily webinars.

XTB Trading Academy
XTB Trading Academy

Market Analysis

Under the Market Analysis section, XTM provides the key knowledge on Market News, Market Calendar, and Real-Time Price Tables.

Market News

It is important to be aware of what is happening globally, more specifically if you are a trader. XTB is one of the top-notch platforms to keep you updated with market news. News related to sectors that impact instruments are updated regularly on the platforms that help make trading decisions.

Market Calendar

All events scheduled during the news few months are updated on the platform. With the potency of impact for each event, a trader can manage the trading strategy on any instrument.

Price Tables

In addition to the bid and ask price of instruments, real-time spreads and their percentage change are on the platform.

Free Courses

Free-of-cost lessons are available on the website to learn beginners to advanced-level traders. It has been categorized into 4 sections. The basic section corporate 27 courses and the intermediate sections share 15 courses.

Conclusion

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.

XTB

8

Markets

8.0/10

Platforms

8.0/10

Tools

8.0/10

Education

8.0/10

Pros

  • Excellent trading platform
  • A wide range of financial instruments
  • Trading academy with lots of content
  • Range of account types and funding options
  • Free demo trading accounts
  • Around the clock customer support

Cons

  • Cannot accept USA traders
  • No MetaTrader platforms
  • Inactivity fees
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