XTB
X-Trade Brokers
Details
| Broker | X-Trade Brokers |
|---|---|
| Website URL | https://www.xtb.com |
| Founded | 2002 |
| Headquarters | Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom |
| Support Number | +44 2036953086 |
| Support Types | live chat , email , phone |
| Languages | 20 languages supported |
| Trading Platform | xStation 5 | Metatrader 4 |
| Minimum 1st Deposit | 250$ |
| Minimum Account Size | 250$ |
| Minimum Trade Amount | 0.01 |
| Bonus | No bonus |
| Leverage | 1:200 |
| Spread | floating |
| Free Demo Account | Open Demo |
| Regulated |
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| Regulation | Regulated By: AMF, ACPR, KNF, FCA |
| Fees |
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| Commissions |
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| Account Types | standard , pro |
| Deposit Methods | Wire Transfer , Paypal , Skrill , Credit/Debit Card |
| Withdrawal Methods | Wire Transfer , Paypal , Skrill , Credit/Debit Card |
| Number of Assets | 1500+ |
| Types of Assets | forex, indices, commodities, Stock CFDs, ETF CFDs |
| US Traders Allowed |  |
| Mobile Trading |
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| Tablet Trading |
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| Overall Score | 79 |
X-Trade Brokers or XTB is one of the largest stock-exchange listed brokerage companies in the world with more than 14 years of experience in the industry. XTB has offices in over 13 countries from Europe, including France, Germany, and Poland. It is also regulated by the Financial Conduct Authority from UK, the world’s biggest supervision authority. The brokerage company is also regulated by KNNF and CMB.
XTB managed to gains its reputation due to trading transparency, fast and reliable trade execution speed. They managed to win an award for the best trading platform in 2016 with their proprietary trading platform xStation and they’ve already released the improved version xStation 5, which had already received good credits from traders around the world. Clients are also able to trade 1500+ trading instruments, ranging from 6 different markets, with low spreads and no re-quotes.
Trading Platforms
xStation 5 is the benchmark platform of XTB, due to its ease of use, superior execution speed, a wide variety of features. Aside from a trading calculator and the usual advanced chart trading, you’ll get access to trader statistics (which will show a lot of comprehensive details about your trading performance). Advanced technical analysis, bulk order closing, Trader’s Talk, Market Sentiment, Equity Screen and others are built into the platform. xStation 5 is available for desktop, tablet, mobile, and since 2016 even smartwatch.
MetaTrader 4 is also part of XTB’s offer, as the mainstay of the trading industry should not be excluded. With simplicity and a variety of in-built analytical tools, it is still the most popular trading platform. Strategy tester, Customisable indicators, and the ability to optimize your technical trading are just a few of the reasons why mt4 is still a must-have platform.
Account types
In terms of account types, XTB has only two options available: Standard and Pro. Both of them offer market execution, access to 1500+ instruments like forex, commodities, indices, crypto, stock CFDs, and ETF CFDs, as well as 30:1 maximum leverage and access to both trading platforms.
Given that XTB is a brokerage company operating in Europe, it must comply with the latest ESMA regulation for CFD trading. As a result, the company designed the Elected Professionals offer, which will enable experienced traders able to qualify, access to 200:1 leverage and other special trading features. If you already have trading experience, you should check the list of requirements you need to qualify in order to become an XTB professional trader and benefit from superior trading conditions.
Learn to trade
XTB is well-known for its popular webinars, where prominent figures from the trading industry are being invited on a constant basis. If you want to learn how to trade, aside from the webinars, you’ll get access to educational material like a trading academy, market news, and analysis. One-to-one meetings, a dedicated account manager, video tutorials, and others complete the XTB educational material list.
Customer Service
Customer Support is available 5 days a week and the main advantage of it is that you can find representatives from various countries in Europe, so you don’t have to be a fluent English speaker.
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