Different regulators provide different levels of protection. For example, XTB clients in the United Kingdom benefit from the oversight of the FCA. The FCA requires that clients have negative how to read treasury bond quotes balance protection, which means that they cannot lose more than their deposit. Client funds must be held in segregated accounts, which are protected in the event of a broker going bankrupt.

Like most other XTB trading reviews, we’ll start off here with a summary of the good news; there are no withdrawal fees and the fees elsewhere are generally pretty low. UK and Irish residents have the choice of the standard account and the commission based pro account, each of which have their own spread models for commissions and fees. The market sentiment indicator with xStation 5 is one of the most useful tools within the software.

The more successful a trader is, the more the broker earns from the increased trading volume. Currently, you are not paying any financing fees on stock indices overnight and on some commodities. Currently, it is the only broker to offer this advantage. If interest rates remain low, you will continue to pay no swaps. In this section, we tested the deposit and withdrawal of XTB.For traders, it is important to be able to carry out quick transactions of funds. Deposits should work without errors and in a few minutes.

A XTB stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price . The XTB stop-limit order triggers a limit order when a stock price hits the stop level.

XTB live chat support is a way for customers to obtain help from XTB through an instant messaging platform. It happens at a one-to-one level, coinberry review often via the company’s website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help.

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The screen layout for the demo is identical to the real account. Unfortunately, xStation 5 lacks tools for automated trading and back-testing strategies. The spreads below are the minimum spreads listed by XTB — up to date, spreads may vary. Getting started is easy and free for 30 days, it takes only few minutes to setup. Open an account or log in to receive full access to the news section. Wide range of global markets, including Forex, Indices, Commodities, ETFs and more.

The company is trying to expand its offer and add new markets. Recently, you can trade more than 15 different cryptocurrencies. In addition, xStation 5 delivers current market news and a professional stock screener.Get the latest business news and results displayed directly on the trading platform. Market News is provided by XTB every day on current events and can generate additional trading ideas.

Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired. Traders can follow the markets and make wise investment decisions on XTB by using the news to help form a strategy when it comes to choosing investments. A XTB news trading strategy​​ involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

XTB reviewXTB Trading Fees

In addition, XTB charges a 0.5% conversion fee whenever you trade real stocks and ETFs in a currency other than your account base currency. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. On the negative side, XTB has a limited product portfolio, covering mostly CFDs, although real stocks and ETFs are also available for some European clients. Additionally, XTB offers only basic fundamental data and charges an inactivity fee. Fees, minimum deposit requirements, withdrawal, account opening, research tools and more.

The demo account is filled with 10,000€ and can be reloaded at will. Thanks to the multiple languages-speaking branches, the broker can also score with competent support for traders! The support is active 24/5 weekdays and professionally handles your personal requests. In addition, there is a very large range of training opportunities. Webinars, e-books, and 1 to 1 coaching sessions are offered by the broker.

There is a wide variety of charting options available to you as well as 29 drawing tools and 37 technical indicators. Many powerful tools are built into this platform, making trading forex and CFDs a breeze- even for beginners. I have a fulfilling 9 to 5 job as a digital marketer, but I also have several side gigs I enjoy working on. When I decided to launch my own website I took on the challenge of learning how to program, as I wanted my site coded from scratch. I have to say that finding online educational resources was a blessing. Go to and click on “Demo” – I would always suggest you start by taking a look at the demo account to get familiar with it.

Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels.Click here to read our full methodology. Unlike some competitors’ platforms, xStation 5 does not have a built-in tool for analyzing trading activity. This omission dropped them into the lower-ranking tier for this category, as the ability to drill down into one’s trading activity beyond the basic metrics can be invaluable to all traders.

XTB Economic Calendar

Trading, customizing charts, and building watchlists are all easy and intuitive on XTB. Traders are notified directly on the platform or through the mobile app, which is a feature that every trader needs. This is XTB’s main offering which is fully integrated across desktop and mobile platforms. The mobile version of xStation 5 has most of the same features as the desktop version, with the exception of the ability to set price alerts, which seems like an odd mistake. If the amount you withdraw is more than a specific threshold, XTB will not charge you any withdrawal fees. You can only withdraw your funds through bank transfer, but not e-wallets or debit/credit cards.

The additional funding requirement is feared by every trader. In the past, there were such extreme events in the market that drove some account balances to negative balance.Forex Brokersworked too badly or slowly. Thanks to tightened regulation, there is currently no additional funding requirement, not even with XTB. We have tested the app several times and are surprised about the user-friendliness. The xStation5 app is clearly one of the best trading apps.

You’ll just need to take out above a certain threshold which can be between $50 – $200. During our XTB review UK, we noted that Bank Transfers are the only supported withdrawal method. UK traders will be charged a £12 withdrawal fee for any withdrawal under £60. However, unlike some trading platforms, our withdrawal only took a single business day. A bunch of features, loads on tradable instruments, and multiple trading platforms won’t mean a whole lot if the package is a chore to use. Thankfully, that is not the case here and our review of XTB confirmed a highly user-friendly and intuitive experience can be had by both novice and experienced traders.

There are also over 80 Exchange Traded Funds to be selected, with commission starting as low as 0.08%. When it comes to global currencies, XTB has over 48 currency pairs on offer. All of XTB’s trading services can be traded 25 hours a day, 5 days a week from 3am on Monday morning until 5pm on Friday.

Demo Trading

XTB South Africa is awaiting license approval as of this review. Outside experts are also used for a few advanced topics and strategy updates, mainly in the free “premium” supplemental education section. Most of the content is well organized in a familiar lesson structure with videos and quizzes. XTB’s academy course design is ambitious in that it intends to cover material for people at different stages of the trading spectrum, but as of this review that is still a work in progress. We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money.

Email support is a a convenient method of XTB customer service but responses to support queries are not quick. You may have to wait between days for a response from XTB regarding your support request. You may anticipate to receive your money within three bollinger band reversal business days for bank transfers, credit/debit cards, and digital wallets. A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

Trading real stocks and ETFs is available for EU clients, except in Cyprus and Hungary. The stock product selection is great, though the number of ETFs is low. XTB charges no withdrawal fees if the amount is above a certain treshold ($50-$200 depending on your country of residence). XTB’s account base currency selection includes USD, EUR and GBP. In addition to these major currencies, HUF and PLN accounts are also available. On the other hand, corporate accounts require a relatively high £15,000 minimum deposit.

I’m used to TradingView charts, XTB is close, but it still lacks the little extra that makes the difference. Then you will have to activate the account by sending a copy of an identity document and proof of address. Again, the interface is very ergonomic and straightforward. Unfortunately, XTB does not currently offer copy trading.

Stock trading is considered a short-term approach to investing. Successful stock traders can make large profits, but there is also a lot of risk involved in trading as well. Taking advantage of trading research tools designed to help traders analyse potential investments can minimise risk and provide an edge when attempting to earn profits. Some XTB research tools include charts, technical analysis, and currency correlation. Futures trading is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price. A XTB futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument.

This includes its available instruments and important issues such as security, customer support, and other features that stand out among a broad range of trading possibilities. But as it’s somewhat complex to use, and you cannot trade without leverage when trading derivatives, it may not be a good option for all profiles. For UK and US users, there is also no option to invest in real shares or ETFs (you’ll always have to trade CFDs), unless you’re a resident of one of the EU countries where they operate.

Brokers By Platforms

Brokerage firms usually have a limit on how long an investor may keep a GTC order active. A XTB one-cancels-the-other order is a pair of conditional orders stipulating that if one order executes, then the other order is automatically cancelled. An OCO order typically combines a stop order with a limit order on an automated trading platform. A XTB OCO order is a type of compound operation where a filled or completed order cancels execution of a different order. It may be used as the triggered order in a first triggers so that when the first order fills, both OCO orders become active. Alternatively, when either of the latter is filled, the other is cancelled.

USD, GBP, EUR are supported by XTB as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders. Next, you can either start straight away on the web browser version, or you can download the app or desktop trading platform.

In summary, XTB makes a very serious and trusting impression on us. I opened an account with them because its a listed broker, this allows us to analyze the situation of the broker. Low spread and very good customer support are what attract me the most. XTB offers the trading of Crypto via CFDs, which means that you don’t physically own the crypto in a wallet. Instead, you trade the cryptocurrencies on a Contract For Difference. The selection of Crypto CFDs is not large, in total you can trade 14 different Crypto CFDs at XTB, ranging from Bitcoin to Dogecoin and others.

XTB charges commissions for both cryptocurrency and stock CFD transactions, and these are not as advantageous to the client. To deposit funds, traders must click on the ‘Deposit Funds‘ tab at the top of the page. They are then taken to the client office where they can choose from several deposit methods. Traders must proceed to choose a trading platform , an account type , currency, and language.

XTB reviewXTB Mobile Trading User Experience

Some traders use charts and math for analysis, while others rely on news and economic data. A XTB web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through XTB which acts as a financial intermediary. XTB is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed. XTB has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

XTB places an emphasis on customer service which includes 24/5 telephone support with a dedicated account manager and live chat facility. Being able to readily contact a broker is crucial for anyone engaged in the arena of online trading. The traders can check the live movement of instruments under Forex, Indices, Commodities, Crypto, and Stock CFDs. It will allow traders to learn about the impact of different financial services across multiple countries. Just like Standard and Pro Accounts, Islamic Account set up is free.