XTB Review

โ„น Broker Overview
๐Ÿข Headquarters : United Kingdom
โœ… Regulators : FCA
๐Ÿ’ต Minimum Deposit : 250 USD
๐Ÿ’น Leverage : 1:200
XTB is a forex broker, Regulated - FCA.ย  Company - XTB Limited, X-Trade Brokers Dom Maklerski S.A. To find the more brokers reviews.
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Broker Badges
  • XTB has been part of the forex market for over 21 years
  • More than 1 promotions of XTB are published on Forexing.com.
  • XTB Offers Partnership/Affiliate Programs.
  • XTB Allows Credit Card Deposit/Widthdral.
  • XTB Regulated By FCA.
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Description General Information Trading Preference Payment Options Trading Features Trading Instruments Promotion Support Contact Information User Feedback

XTB General Information

๐Ÿ‘ค Broker Name : XTB
๐Ÿฃ Company Name : XTB Limited, X-Trade Brokers Dom Maklerski S.A.
๐Ÿ“… Foundation Year : 2002
โœ… Regulated by : FCA
๐Ÿข Headquarters : United Kingdom
๐Ÿ“‰ Broker Type : Market Maker

๐Ÿ’ต XTB Minimum Deposit :

250 USD
๐Ÿ’น Maximum Leverage : 1:200
๐Ÿ’ฑ Base Currency : EUR, GBP, PLN, USD
๐Ÿ‡บ๐Ÿ‡ธ US Traders :

Our XTB Review

XBT Review 2020โ€“ A Simple Guide

XTB is one of the leading regulated European Forex (FX), Contract for Difference (CFD) and Crypto brokers. It was founded in 2002, and it currently operates in 17 countries.

XTB is a subsidiary of the XTB Group, which also owns the X-Trade Brokers DM SA in Poland, XTBA Limited and XTB Sucursal. These other entities are separately authorized and regulated.

XTB reviews

XTB Summary

Broker name: XTB

Regulation: BaFin, CySec, CNMV, FCA, KNF, and IFSC

Headquarters: London United Kingdom

Minimum initial deposit: $250

Demo account: Yes

Tradable assets: Forex, Indices, Bonds, Stocks, Futures, Commodities and Cryptocurrencies

Max Leverage: 1:200

Trading platforms: MT4 and xStation

Trading Type: Straight-Through-Processing (STP)

Mobile Trading platforms: Yes

Fixed Spreads: Yes

Deposit methods: Credit Card, PayPal, Neteller, Skrill, and Wire Transfer

Withdrawal Methods: Wire Transfer

XTB Regulation

XTB is a regulated broker who has secured licenses with a wide range of countries, especially in Europe. In the UK, it is regulated by the Financial Conduct Authority (FCA), and its license number is 522157.

For Europe or the XTB Europe is regulated by CySEC of Cyprus and its License number is 169/12. For international services, XTB is regulated by the Belize International Financial Services Commission with a license number IFSC/60/413/TS/17.

In Spain, XTB is regulated under license number 40 by the Comision Nacional del Mercado de Valores.

Account Opening

To open an account with XTB, you require to go through three simple steps:

  1. Fill in the registration form online on their official website after which a verification email containing a verification link is sent to your email address to confirm the email.
  2. After verifying your email, you will have to attach some documents for identification and verification. The documents required include A proof of Identity and a Proof of Residence.
  3. Once your documents are verified and accepted, you will have to deposit funds into your trading account to start trading.

Account Types

XTB Brokers offers a demo account and three types of trading accounts which traders can choose during their registration process; the Standard account, the Pro Account and the Islamic Account. The difference between these two accounts is the tradable lot size and the spreads.

The Standard Account

This account type is available for both MT4 and xStation trading platforms.

It has fixed spreads which vary depending on the type of asset being traded. The minimum spread is 0.35 pips.

Forex, Indices, commodities, and cryptocurrencies have no commission. However, Stocks and ETF CFDs have a commission of 0.8% per lot.

It has a maximum leverage of 1:500, and the minimum allowed lot size is 0.1.

Traders can use automated trading, and they are also cautioned from the negative account balance.

The Pro Account

This account type is available for both MT4 and xStation trading platforms.

This has very competitive spreads based on volume. Traders with this account are also charged a commission. The minimum spread is 0.28, and the maximum allowed leverage is 1:500.

The minimum allowed lot size is also 0.1.

Forex, Indices, commodities, and cryptocurrencies have a commission of $ per lot while Stocks and ETF CFDs have a commission of 0.8% per lot.

The Islamic Account

This account is normally set to allow Muslims to trade.

This account type is available for both MT4 and xStation trading platforms.

It has fixed spreads which vary depending on the type of asset being traded. The minimum spread is 0.35 pips.

It has a maximum leverage of 1:200, and the minimum allowed lot size is 0.1.

Traders can use automated trading, and they are also cautioned from the negative account balance.

The account, however, does not allow trading of cryptocurrencies and it is also Swap Free.

All tradable assets including Forex, Indices, commodities, cryptocurrencies, Stocks and ETF CFDs have a commission of $10 per lot.

Trading Platforms

XTB has two types of trading platforms; the MetaTrader 4 Trading platform and the xStation 5 Trading Platform.

The xStation 5 Trading Platform is a tailor-made platform of XTB. It allows traders to check what their counterparts are doing. Traders using the xStation 5 Trading Platform can check other tradersโ€™ statics and also compare charts as well as look at the type of trades that successful traders have placed.

Both the MT4 and xStation 5 Trading Platforms are available as a desktop version, mobile version as well as web version.

Conclusion

XTB is a regulated broker which offers user-friendly Forex, Indices, Bonds, Stocks, Futures, Commodities and Cryptocurrencies trading services.

Owing to the user-friendly trading platforms and customer services, the broker could be a great choice for traders in Europe, especially for the novice traders.

Trading Preference

๐Ÿ’ฐ Minimum Spreads :
๐ŸŽฎ Demo Account :
๐Ÿ“’ Mini Account :
๐Ÿ“’ Standard Account :
โœจ VIP Account :
๐Ÿ“’ Premium Account :
๐Ÿ“’ Segregated Account :
โ˜ช๏ธ Islamic Account :
๐Ÿ“’ Managed Account :
๐Ÿ“’ Pamm Account :
๐Ÿ“’ Affiliate Account :

Payment Options

๐Ÿ’ณ Deposit Methods : Credit Card, Neteller, PayPal, Skrill, Wire Transfer
๐Ÿ’ณ Withdrawal Methods : Wire Transfer

Trading Features

๐Ÿ“Š Trading Platforms : xStation 5, MetaTrader 4
๐Ÿ’ฐ Fixed Spreads :
๐Ÿ“ˆ Commission on Trades :
๐Ÿ“ˆ Hedging :
๐Ÿ“ˆ Scalping :
๐Ÿ“ˆ Automatic Trading :
๐Ÿ“ฑ Mobile Trading :
๐Ÿ’ป Web Trading :
๐Ÿšฅ Signals :
๐Ÿ“ช VPS Services :
๐Ÿ“ง Email Alert :

Trading Instruments

๐Ÿ“Š Forex/Currencies :
๐Ÿ“Š Commodities :
๐Ÿ“Š CFDs :
๐Ÿ“Š Indices :
๐Ÿ“Š ETFs :
๐Ÿ“Š Stocks :
๐Ÿ“Š Crypto Currency :

Promotion

๐ŸŽ No Deposit Bonus :
๐ŸŽ Deposit Bonus :
๐Ÿ† Contest :
๐Ÿš€ Other's Promotion :

Get Latest XTB Promotion

Bonus

Info

Action

XTB ยป ยฃ25 No Deposit Bonus

Available For : All clients Validity Date : 2014-12-31

Support

๐Ÿ‘ฅ 24-Hours Support :
๐Ÿ‘ฅ Support During Weekends :
๐ŸŒ Web Form :
๐Ÿ’ฌ Live Chat :
๐Ÿค™ Call-Back :
โœ”๏ธ Support Language : Chinese, English, Spanish

Contact Information

๐ŸŒ Website : www.xtb.com
๐Ÿ“ง E-mail : [email protected]
โ˜Ž๏ธ Telephone : +48222739976
๐Ÿ“  Fax : No
๐Ÿ“ฎ Address : 35 Barrack Road, 3rd Floor, Belize City, Belize, C.A

User Feedback

5 Reviews

Add Your Review
  1. Open very recently and it works very well so far. Thanks

  2. I decided to open an account with them, because all my freind did like the execution, low cost and best service.

  3. scam broker

  4. I never thought I could get scammed of my Bitcoin ,

  5. I’m happy to share my expreince how i got my funds with

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