XTB Review | What Do you need to know about this broker ?
Min. Deposit: US$250
Platforms: MT4, xStation 5
Found in: 2002
XTB Social Channels
XTB.com review | more details about this broker
XTB Company Profile
XTB is a trusted Polish and now the UK and European market leading brokerage providing online trade solutions, through its headquarters in Poland and London (UK).
XTB broker was the first broker which introduced forex trading in Poland, and now became 4th largest broker that is listed on the stock exchange.
XTB provides trading in forex, cryptocurrencies, stocks and other financial assets through their global operation.
they have offices in 12 countries providing dedicated service and support on a 24 hours basis.
in the Czech Republic, Hungary, Italy, Turkey, Chile, Belize, Poland, Germany, Slovakia, Portugal, Romania, Spain and France.
XTB Trading Instruments
XTB brokerage and trading service offering over 1500 financial assets for trading including Forex, Indices, Commodities, Crypto, Equity CFD, ETFs.
their cryptocurrency trading conditions which includes trade on Bitcoin, Ethereum, Dash, Ripple or Litecoin by CFDs on 24/7 basis, with no requirement to hold wallet, leverage till 1:5 and quite cheap swaps – long 0.08% a day, short 0.04% a day and spread calculated only by 1% from target.
XTB Trading Platforms
XTB offering two main platforms xStation5 & MT4
- mainstay XTB uses xStation5, which been recognized as an efficient choice and gained multiple awards for total trade transparency, real-time commentary, execution speeds and very comprehensive charting package.
- xStation 5 voted ‘Best Trading Platform 2016’ by Online Personal Wealth Awards Forex Magnates 2012 | Best proprietary fx platform
the platform is fully customizable and very fast, including useful tools like calculators, advanced charts, trader statistics, bulk order closing, traders talk and progressive technical analysis. All settings, watch lists and workspaces are accessible from desktop, smartphone, laptop, tablet and even smartwatch.
XTB platform includes also a useful Market sentiment and displays the current situation of selling or buying trend of each market, as well as Top mover showing which markets gaining or losing.
Another addition equity screener that filters stocks and searching for new opportunities.
XTB platform is known to all trading world as the MT4, however, XTB enhanced features by fast, reliable trade execution, multi-asset coverage, No dealing desk execution, no requotes and all supported by Expert Advisors.
XTB.com Deposits and Withdrawals
There are several ways to deposit funds into the trading account, which includes the most popular and secure payment methods.
the minimum deposit amount, the XTB set required a deposit is 250 US$, while active traders and PRO account may require some more balances in order to cover all necessary margins.
For the funding fees, Bank transfers and payment for both withdrawals and deposits by Credit Cards are free of charge and accept the following currencies EUR, USD, GBP.
Yet, other payment methods incur additional charges – 2% of the deposited amount, these are PayPal and Skrill.
To withdraw funds from your account, the client has to proceed with online request and choose where to transfer the money (nominated bank). XTB does not charge an inactivity fee.
XTB Forex Broker
In conclusion, XTB is a regulated forex broker and one of the largest ones in the market, they do not make as much noise on the scene but are very active nonetheless, they offer 2 good trading platforms and traders should feel secure trading with them.
- Metatrader 4
- Cryptocurrencies for trading
- very large public traded broker
- No Metatrader 5
This is one of our Preferred Brokers