XTB Broker Review explained by professional forex trading experts, All you need to know about XTB broker.
XTB Broker Review
In 2002, XTB broker was established, and is a CFD and Forex broker with its headquarters in London. It is regulated and authorised by the FCA, and customer’s funds are protected by means of the Financial Services Compensation Scheme.
X-Trade Brokers is an important forex broker in the Eastern and Central Europe, provided that online trading in over 1500 instruments, comprising shares, forex trading, indices, commodities, ETFs and shares on 2 trading platforms.
In Europe XTB is one of the best imperative forex brokers and in 10 countries its offices are presented. Their main office is positioned in London and they are regulated by means of the FCA. With respect to CFD and Forex trading they are deliberated one of the greatest, having built their status over time.
XTB Broker Trading Accounts
There are 3 types of accounts are present by the broker:
- Standard account– This account has a floating spread, and not at all fees or charges are present and has the big plus of instant approval of the transaction.
- Basic account– This account has a fixed spread and not any fees or charges are present.
- Pro account– This account has a commission.
All this 3 types of accounts provides a max. Leverage of 1:200 and there is not any minimum deposit for any of them.
It also offers an extensive variety of trading instruments comprising Indices, Forex, Commodities, EFT’s, CFD’s, Equities, and more.
XTB Broker Trading Platforms
XTB provides a choice of 3 different types of trading platforms along with their mobile platform. The prevalent Metatrader4 platform is one of the foremost selections but the other two, the xAPI and the xStation provide some stimulating features not presented on the MT4 platform.
Above all this platforms can be downloaded to Windows and Mac and are also presented on maximum mobile devices.
XTB Broker MT4 Download
The MT4 trading platform has become the forex industry standard and XTB allows investors to utilize the user friendly Metatrader 4 trading platform in researching, analyzing, placing and tracking trades. MT4 provides a wide selection of charting tools, trading strategies and indicators and is completely customization.
XTB Broker xStation Download
XTB xStation 5 is a powerful web-based trading platform, xStation 5 is a platform that allows you to create a trading screen suited to your style. All your settings, watchlists and work spaces are instantly accessible from your desktop, phone, laptop or tablet. In order to log into xStation, please use one of browsers Chrome, Firefox or Internet Explorer.
XTB Broker App
The XTB Apps is free for both Android and IOS, You can download the XTB App for Android from Google Play and download XTB App for iPhone from Apple app store.
XTB Broker Spreads and Commissions
At XTB the minimum spread for major currency pairs for example the EUR/USD begins from as low as for the Standard account is 0.9 pip and for the Basic account is 2 pips and for the Pro account you must pay commission, The commission charged 0.08% per lot.
At XTB broker you can deposit funds through debit and credit cards, bank wires, e-wallets such as Skrill, PayPal, and Neteller. While using any of the payment method there are not any fees charged.
At XTB you can withdrawal funds through debit and credit cards, bank wires, e-wallets such as Skrill, PayPal, and Neteller, To withdraw funds you need to login to XTB Client office and then withdrawal money.
XTB Broker Regulation
XTB Ltd or XTB UK is authorised and regulated by the Financial Conduct Authority or FCA (FRN 522157) with its registered and trading office at Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.
XTB Broker Leverage
The broker provides maximum leverage 1:200 but if you are a newbie forex trader then you should not use high leverage trading as it contains risk of losing all of your capital.
XTB Broker Trading Review
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