XTB Forex Broker
This article will tell you about XTB Forex Broker (Previously known as “X-Trade Brokers”) – one of the most secured brokers on the Forex market. In the past few years, the company had its main office in Poland, but now it has changed the location and operates from London, UK. XTB has a powerful platform that provides high quality services and great spreads.
XTB Forex Broker History
XTB has branches in many European countries and is considered one of the largest CFD and Forex brokers in Europe. It is regulated by the FCA (Financial Conduct Authority) as it has its headquarters in the United Kingdom. By keeping up high standards XTB has built a reliable reputation over more than 12 years of its business.
XTB FX Trading Broker Accounts
You can choose one of three types of accounts offered at XTB: Basic, Standard and Pro. The main features of all these accounts are that they don’t have any minimum required deposit and the ultimate leverage they can offer is 1 to 200. Next we will describe the main features of every account available with this broker. If you are looking to get no commission and fixed spreads – the best option for you is the Basic account. On Standard option there is no commission, but the spread here is floating and you will get the instant confirmation of all your transactions. Unlike two previous types of accounts, Pro account has a commission and the market spread.
XTB has a various range of different instruments to offer: Forex, Commodities, Indices, EFTs, Equities, CFDs, and many others. They will help you in analysis and trading currencies and other trading assets.
XTB Reviews of Trading Platforms
The great thing about XTB that makes it more competitive among other brokers is that is has 2 platforms. 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. XTB platforms work extremely fast.
Here you can have advanced charts that show more than 30 different trading indicators (including Elliot Waves, Fibonacci Retracement Levels and many more) and you can place orders right from the charts. xStation has such functions like Trading Calculator that can define the amount of possible profit or loss that can be made when making different trading decisions. Other useful functions are Market Squawk and Bulk Order Closing. 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.
You can trade from anywhere with XTB, because it also has a secure mobile application. We think that these platforms form a strong advantage of XTB and such a long presence on the market makes it a very reliable brokerage.
XTB Bonus Offers
XTB offers a lot of different materials to learn. There are many articles on both technical and psychological topics that will help you in trading. Besides, XTB Forex Broker created free webinars that professionally explain different concepts and theories.
Now upon creating an account on XTB you can get A No Deposit Bonus from XTB. This is a great offer that grants you 40 USD to simply test the services of this broker, and you can surely withdraw all of the profits.
XTB Customer Support
Customer support works day and night to provide the best quality for XTB clients. You can reach XTB support by sending an email or calling to support line. Also you can check the website, which is available in more than 10 most popular languages, including: English, Spanish, German, French and Chinese. There you can find a lot of useful information that may answer your question.
XTB FX Broker Deposit and Withdrawal
There are many different ways you can deposit or withdraw your funds from XTB. You can use credit or debit cards, UnionPay, Neteller and Skrill. Also, it is important to note that XTB is one of the few PayPal brokers.
XTB Review Conclusion
To summarize, XTB is a great broker that has a perfect reputation both in Europe and worldwide. Its powerful and innovative platform provides various trading functions that are not present in most of the other trading platforms. XTB helps its clients to understand the market by giving clear interactive educational materials. This broker also follows high standards and requirements of the FCA, and it has also won a few significant Forbes and Bloomberg awards over the past few years. In addition, according to statistics it is one of the largest European brokers.