Its powerful mechanism allows investors to eradicate the high risk to lose money when trading cfds. It has its own trading platform and a 3rd party platform to attract a wider audience. All of its platforms are accessible on desktop, tablets, and mobile apps.

This is why it supports a friendly interface at its xStation 5 platform. The platform is modern and intuitive and contains a rich set of analytical and research tools, which you can shift with a single click.

With its regulations and licensing in check, it guarantees customer satisfaction. Its presence in many countries is also commendable as well as its versatility. You can visit XTB customer reviews and comments to get a glimpse of what people think about the brokerage company. Furthermore, every customer lexatrade broker reviews gets a good service via support. For every trader, there are webinars and even 1 to 1 training. Overall, XTB is very well positioned for client cash transactions. This is a very big plus for the broker because this method is often in demand by traders, but not every broker can offer it.

Traders can use the iPhone or Android apps to access XTB’s trading instruments, account details, order types, and charting. On the smartphone application, there is also a live news feed. XStation 5 stands out thanks to various unique features in addition to its advanced design. For example, there are these charts that have a countdown timer showing how much time is left in each candlestick.

While the fees for these are a bit higher than the industry average, XTB more than makes up for this in terms of the variety that it offers. For example, you can invest in several different types of indices. They allow you to invest in standard exchange indices and sector indices, for starters. In addition to this, you can also invest in portfolios and indices that are curated by industry professionals. However, we’ve checked our systems for bugs or malfunctions during the time of your complaint, but have been unable to locate any recent problems. It is available 24/7 to answer all the questions and queries of users. You can contact the customer service via phone, email, and live chat.

Mobile Platform

Since it is regulated in one Tier-1 jurisdiction, it can be considered to be a low-risk, broker for trading in Forex and CFDs. It is one of the largest stock exchange-listed brokers and has offices in over 13 countries. These include countries like the UK, Germany, Poland, France, Chile and Spain etc.

  • New traders have a well-structured Trading Academy, where five subjects introduce the basics of trading together with more advanced topics.
  • This trading platform is headquartered in Cyprus and primarily regulated by the Cyprus Securities and Exchange Commission.
  • This compensation may impact how and where listings appear.
  • There are also plenty of articles on more general topics like the macroeconomic indicators, fundamental and technical analysis, and risk management.
  • Clients’ funds being among the biggest assets owned by XTB’s clients, it has gone to great lengths to ensure that the funds are kept safe to a relative zero risk factor.

Islamic Accounts don’t support crypto trading and are Swap Free. The users can access technical indicators, charting, strategy tester, order management, and much more. MetaTrader 4 mobile app is downloadable from both Google Play Store and Apple Store. Deposits and withdrawals with an XTB account are quick and easy. The users can deposit the funds in several ways covering bank transfers, credit cards, and e-Wallets. There are several ways to deposit funds into the trading account, which includes the most popular and secure payment methods, so you can transfer funds quite easily.

The multichannel support is multilingual and very efficient. Their “Trading Academy” is designed to benefit tyro and intermediate traders. They also provide expert news analysis and an economic calendar. Over 1,500 trading instruments are offered on cutting edge platforms which run on both desktop and mobile devices. XTB was recently awarded “The Highest rated Forex and CFD Broker of the year 2018” at the Wealth and Finance International Awards.

Standard Account And Pro Account Fees

XTB focuses on customers in Eastern and Central Europe, but traders in Western Europe can also open accounts with the broker. XStation 5 can be used via a web browser or can be downloaded as a desktop client. It also allows for demo trading, which means you can test the platform out before trading with your live account. In 2016, XTB became listed on the Warsaw Stock Exchange after holding their initial public offering. This adds a further layer of protection for traders due to the financial transparency of publicly traded companies. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted.

xtb forex brokers reviews

It is also possible to set an expiry date and time to your pending orders. In our trust category, we place most importance on how a broker is regulated. So let’s dive in and take a look at how the different entities of XTB across the globe are regulated and how this impacts you as a trader.

Whats On Offer

Messages sent through email can take up to two weeks to get a reply. If 24/7 customer service is something you look for in an online brokerage company, then XTB is not for you. With all the fantastic features and tools that come with the Metatrader4 platform, XTB customers have a chance to trade from the convenience of their mobile gadgets. Their web-based xStation five platform is also accessible through tablets and smartphones. Over the years, this broker has gained the reputation among the most reliable trading platforms. The forex market is an excellent opportunity to start investing in something that may increase your income and improve your financial future.

The first one is its own development – xStation, and the other one is the world’s most popular trading software – MT4. XStation has wider range of useful functions than MT4, but that does not mean you should all run for xStation. Consider what features you exactly need and then make a choice. If you’d like to trade forex or are thinking of switching brokers, read this article for Benzinga’s picks for the best forex brokers.

The headquarters of the brand are in Poland, but the brand also has 12 other offices around the world. They offer different trading accounts; Basic, Standard and Pro. They offer attractive promotions and bonuses such as cash back for active traders to increase their income and profit. They provide fair, transparent and convenient financial market services to retail or institutional investors. No, trading forex and CFDs with XTB in the United States is not available as of 2019.

Step 4: Start Trading With Xtb

Market Squawk will keep you stay updated with the latest news so you will be able to take all market opportunities on time. With Bulk Order Closing you can close your trades just in one easy click. All these great features will definitely help you in trading and save your time.

xtb forex brokers reviews

You can browse the lessons into two categories, i.e., by level or by subject. They do all manipulate the spread and/or the price in real time with their own algos in order to optimise their profits on a daily profits. Many newer complains about having troubles when trying to withdraw funds such as asking for the same details again when they already have it. When my account is verified then it’s verified for both deposit and withdrawals I believe. Platform lexatrade scam is good and easy to use specially the hotkeys to execute trades but I’m concerned about the withdrawal process. Since XTB Review sees brokers’ goal to help develop each and every trading strategy so that clients can become profitable over the long-term. XTB platform includes also a useful Market sentiment and displays the current situation of selling or buying trend of each market, as well Top mover showing which markets gaining or losing.

Compare the best copy trade forex brokers, based on platform, ease-of-use, account minimums, network of traders and more. And when it comes to pricing, their spreads are very competitive in the forex broker industry. Additionally, you won’t incur any deposit/withdrawal fees, which is good if your goal is to periodically add funds to your account. On top of that, you can also trade CFDs on crypto, stocks, and commodities. If you’re not necessarily looking for a dedicated forex broker, you will appreciate this variety of markets they offer access to. The XTB platform is designed to suit all types of traders.

xtb forex brokers reviews

The only form of non-trading fee that the platform charges is 10 Euros per month after a year of inactivity if you have not added any funds to your account for 90 days or more. For beginners, trading with XTB is safe because it adheres to great measures for money protection in every aspect.

xtb forex brokers reviews

The catalyst was most likely the SNB event of January 15, 2015 that roiled the markets, especially the highly leveraged retail FX market. We recommend XTB for clients who prefer forex or CFD trading and also want to enjoy great lexatrade courses scam deposit and withdrawal options along with fast account opening. EToro offers a single account with access to all tools and services from one account. XTB offers 2 account types, that is, the Standard, and PROaccounts.

Novice traders will find some useful material on XTB, but becoming a seasoned trader purely through XTB’s educational material may be unattainable. However, to be fair, the material covers all of the important topics that a newcomer should know. On YouTube, XTB has 5 videos in its Trading Academy playlist, as well as 17 videos in its Masterclass series, one of which is 11 hours long, impressive! You’ll find many of these videos available on the xStation 5 web platform as well as the mobile app, but in the Premium section.

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