XTB Review

XTB Logo

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, including the Highest rated Forex & CFD Broker (2018) given by the Wealth & Finance International Award and many others.

XTB Trading Products

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%.

XTB Trading 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

XTB Trading 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.

XTB Research & 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.

XTB Trading Accounts

XTB offers their clients just two account types: the XTB Standard and XTB Swap. Both accounts have the same maximum leverage (1:500) and offer market execution, with access to all of XTB’s trading and marketing instruments. The broker also offers demo trading accounts to enable clients to practice their trading skills before opening a real account.

XTB Standard Account

XTB Standard account enables you to real-time market execution for your trades. The variable instrument ranges from forex, commodities, indices, crypto, stock, CFDs, and EFT CFDs. Standard account offers access to all 2100+ instruments to trade. The maximum leverage in standard accounts is 1:500. The spreads are starting from 0.5 whole the minimum order you can place is 0.01. Segregated account fund services are also there with automated trading options. Account trading setup and management are totally free. The standard XTB accounts are commission-free while the swap is enabled.

XTB Swap Free Account

As the name suggests, the XTB swap-free accounts are free of swap. Retail traders are not generally interested in swap-free accounts. The XTB swap-free account executes real-time market execution. Forex, Commodities, Indices, Stock CFDs, and ETF CFDs are traded on Swap-Free accounts. The total number of instruments exceeds 2100, and the maximum leverage stands at 1:500. In the XTB Swap account, the spreads start from 0.7. XTB swap-free accounts allow segregated account funds. The minimal order you can take on XTB Swap-free accounts is 0.01. Automated trading is offered in such accounts. Such accounts are commission and swap-free.

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 Regulation

XTB is registered and regulated by various government authorities across several jurisdictions. The broker is regulated and authorized by the 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 FAQ

What is the XTB minimum deposit?

XTB has not determined the minimum initial deposit.

Where is XTB based?

XTB is based in London.

When was XTB founded?

XTB was founded in 2002.

What are the XTB platforms?

XTB offers xStation 5, MT4 and xStation Mobile platforms.

What trading instruments does XTB have?

XTB offers a wide range of products, including Forex, Indices, Commodities, Stock CFDs, ETFs, and cryptocurrencies.

What are the XTB deposit and withdrawal options?

XTB offers Bank Transfer, debit/credit card transfer, and e-wallets.

What is the XTB leverage?

XTB offers leverage up to 1:500.

What is the XTB commission fee?

XTB commission starts form 0.08%.

What are the XTB spreads?

XTB’s spreads start from 0.9 pips.

Does XTB offer demo accounts?

Yes, XTB offers demo accounts

Does XTB offer Islamic accounts?

Yes, XTB offers Islamic accounts.

Does XTB allow scalping, hedging, news trading, and automated trading?

Yes, XTB allows scalping, hedging, news trading, and automated trading.

Does XTB charge an inactivity fee?

Yes, XTB charges inactivity fees of 10€ after 12-Months of no trading activity on the account.

Is XTB regulated?

Yes, XTB is regulated with International Financial Services Commission in Belize (IFSC), Komisja Nadzoru Finansowego (KNF) in Poland, Financial Conduct Authority (FCA) in the United Kingdom, and Comisión Nacional del Mercado de Valores in Spain.

XTB Awards & Accolades
XTB Awards & Accolades

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.

 

XTB

8.2

Spreads

8.0/10

Liquidity

8.0/10

Commissions

8.0/10

Support

8.0/10

Regulation

9.0/10

Features

  • Award-winning xStation trading platform
  • Easy to use MetaTrader platforms
  • Trading academy with lots of content
  • A wide range of tradable assets across different asset classes
  • Strict regulation
  • Low spreads
  • Low trading fees
  • Reliable trade execution speeds
  • Around the clock customer support
  • Range of account types and account funding options