XTB is an excellent FX and CFD trading broker, providing access to over 4000 financial markets including FX, indices, shares, commodities, cryptocurrencies and more.
XTB Review
XTB offers trades only on their xStation 5 trading platform, 24/7 satisfactory customer support, ultra fast execution speed coupled with an overall smooth trading experience.
- XTB offers for trade up to 48 forex pairs and 1500 CFDs on indices, commodities, shares and ETFs.
- Founded in 2002, XTB is publicly-traded and regulated in multiple regulatory hubs including top category licensing jurisdiction like UK Financial Conduct Authority(FCA).
- It offers no requotes plus a Cashback on trades features (available to high volume traders).
- xStation is easy to use, fully customizable and offer superior execution speed, charts trading and market order depth.
- XTB offers a very excellent customer service that is easy to reach and professional to the core.
- What is more, XTB is rich in educational resources, market analysis and economic news.
XTB is Known For:
Feature rich xStation 5 trading platform that carters for both beginner and experienced traders. Active trader discounts makes XTB suitable for high volume traders.
XTB Summary
Pros
- Publicly traded and regulated in a major country
- xStation is a very powerful trading platform
- Fast and easy deposit and withdrawal
- Guaranteed stop loss available
- Bonuses available (only to non EU/UK residents)
- International clients are served by XTB international Limited authorised and regulated by the Financial Services Commission in Belize.
- Middle East and North Africa residents are served by XTB MENA Limited regulated by the Dubai Financial Services Authority (DFSA) in the Dubai International Financial Centre (DIFC), in the United Arab Emirates.
Cons
- Capped leverage ration
- Does not offer Metatrader platforms
Forex Broker Expert is recognised for being a source of ground-breaking, high-quality, factual content that doesn’t leave any stone unturned. Tens of thousands of traders have used our reviews as a springboard to greater levels of trading success. Industry Best Practices.
- Min. Deposit: $0
- Spreads: from 0.3 pips on EURUSD
- Max. Leverage: Up to 1:500
- Min. Trade Size: 0.01
- Website: xtb.com
XTB Performance
XTB offers only one type of accounts for retail traders operating from all the XTB entities. Traders are required to open account with any amount no matter which XTB entity you are operating your account from. XTB offers rich portfolio of trading education and research. There are both premium in-house and third party research contents. The in-house staff publications is a premium services for technical and fundamental analysis available on the XTB website. Third party signals, tools are made available to clients. Signals can come from Thomson Reuters, Barclays, Citi Group, and others.
Safety of Funds
XTB is publicly traded with top-tier authorizations by UK Financial Conduct Authority (FCA), Poland’s financial supervision commission (KNF) as well as by Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Trading Platforms & Tools
XTB offers trade only on the xStation platform available on mobile, tablet, web and desktop versions. Guaranteed stop loss order, free demo facility and Stock screener tab are notable features.
Minimum Deposit
Minimum initial deposit requirement on XTB is $0. XTB offers 50% deposit bonus(T&C applies) for selected non EU/UK clients. Designated clients are required to make atleast $100 first deposit before applying for this bonus.
Leverages
Maximum leverages on Forex pairs is 1:500 (for Non EU/UK clients) and 1:30 (EU/UK /MENA residents).
Spreads and Commissions
XTB offers variable spreads plus a commission based structure. Variable spreads from 0.9 pips on Standard account. No commissions for Forex, Commodities, Indices, Cryptos, Stock CFDs, ETF CFDs (UK and Non EU entity)
Deposit and Withdrawal Method
Bank transfer, Mastercard, Maestro, Visa, Paypal, Skrill, Neteller.
Conclusion
XTB is an Excellent Forex and CFD broker opened in 2002. The offer very competitive research resources that will attract any beginner trader. XTB is very popular in the industry with upto 525,000 clients. XTB is a 5 star rated broker that centers their focus on customer satisfaction. Trade over 1500 instruments with leverage up to 500:1 (depending on the XTB entity)
About The Company
XTB is a trademark of XTB Group publicly traded on the Warsaw Stock Exchange. XTB Group includes but is not limited to following entities:
X-Trade Broker SA is authorised and regulated by the Komisja Nadzoru Finansowego (KNF) in Poland
XTB Limited is authorised and regulated by the Financial Conduct Authority in United Kingdom
XTB Sucursal is authorised and regulated by the Comisión Nacional del Mercado de Valores in Spain
XTB International Limited (XTB) is authorised and regulated by the International Financial Services Commission in Belize. (IFSC License No.: IFSC/60/413/TS/19). XTB is registered in Belize under Registered Number 153,939 Company address: 35 Barrack Road, 3rd Floor, Belize City, Belize, C.A.
2023 Expert Analysis
Here at the Forex Broker Expert, we have reviews of more than 200 Forex brokers and trading software. The number one item we check when reviewing a broker to see if they are a scam is a safety score. We use a Safety score algorithms to asses risk level. They major criteria we use in grouping a Forex broker in to risk levels include total years in business, which regulatory licenses each firm holds, is the broker publicly traded in any stock exchange as well as our manual in house check.
Different Forex brokers offer different account types which goes by different names like standard, classic, premium, VIP or gold. The most popular minimum deposit for a Forex basic account is $250. Leverages can go as high as 1:200. As for the pips charged on these accounts, EURUSD is usually the pair with the lowest spread and the ideal thing is that each type of account is unique and will either have fixed or floating pips depending on which account portfolio you have chosen. Learn more about the industry best prectices here.
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