XTB Review 2024 (Expert Review)

XTB Review Summary

XTB is an online brokerage company with headquarters in Poland. It offers free trading on stocks, ETFs, and dividends. The brokerage also has a wide range of tools to assist traders. Moreover, it operates satellite offices in many countries and supports several languages. It also offers email support and live chat options for its clients. Moreover, it assigns a personal account manager to every client. Moreover, due to local regulations. Its extensive offering different assets and financial products allows you to make smart investment decisions. XTB is constantly expanding its product range, adding more cryptocurrencies and markets. If you're interested in becoming an investor, check out XTB and its services.

XTB review
XTB Platform Features

XTB main features and highlights

🗺️ Country of regulation	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
💰 Trading fees	No
💰 Inactivity fee	Yes
💰 Withdrawal fee	No
💰 Minimum deposit	0
🕖 Time to open a XTB account	1-3 Days. *A XTB demo account can be opened in a few minutes, but live XTB trading account creation times will vary depending on how long it takes to process your XTB KYC documents.
💳 Wire Transfer	Yes
👛 Depositing with electronic wallet	Yes
💱 Number of base currencies supported	5
🎮 Demo account provided	Yes
🛍️ Financial Instruments offered	Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,

XTB review
XTB Financial Regulation

XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa.

XTB review
XTB Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using XTB include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using XTB can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

XTB review
XTB Advantages

One of the main advantages of using XTB is around the clock service and support as well as research offerings. Not only this, but XTB has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of XTB with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with XTB makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. XTB offers stock quotes and trade information, making it easy for users to view how their investments are doing.

• XTB has been in business over 10 years.
• XTB offers Stock Trading.
• XTB offers Cryptocurrency Trading (Availability subject to regulation).
• XTB offers PayPal as a payment method.
• XTB offers Neteller as a payment method.
• XTB offers Skrill as a payment method.
• XTBoffers Islamic Accounts.
• XTB offers Bitcoin Trading.
• XTB offers Hedging.
• XTB offers Scalping.

XTB review
XTB Disadvantages

Although XTB has a lot of good points XTB does not offer the below.

• XTB does not offer ECN trading (See XTB alternatives who offer ECN trading here)
• XTB does not offer the MetaTrader 4 platform (See XTB alternatives who offer the MetaTrader 4 platform here)
• XTB does not offer the MetaTrader 5 platform (See XTB alternatives who offer the MetaTrader 5 platform here)
• XTB does not offer the cTrader platform (See XTB alternatives who offer the cTrader platform here)
• XTB does not offer a Apple Mac desktop trading platform (See XTB alternatives who offer an Apple Mac desktop trading platform here)
• XTB does not offer Spread Betting (See XTB alternatives who offer Spread Betting here)

Risk Warning: 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. .

XTB review
Things to understand when trading with XTB

Trading with XTB involves risk. You should only risk capital with XTB that you can afford to lose. Understand your risk tolerance with XTB, and have a trading strategy that XTB is able to help you execute. XTB is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments XTB give you access too.

XTB review
XTB Trading Fees

Trading fees on XTB are taken in the form of the spreads XTB offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on XTB. XTB fees vary depending on the financial instruments traded and can include, XTB overnight funding fees, spreads, margins and XTB inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your XTB account charged by your 3rd party payment provider if your XTB base currency is different from your XTB withdrawal method.

XTB review
XTB Financial Instrument Fees

XTB fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs, are listed below.

XTB review
XTB Stock Trading Fees

The majority of XTB trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A XTB stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

XTB review
XTB Forex Fees

Commission on XTB Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for XTB Forex fees is based on their trade size. To calculate XTB Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

XTB review
XTB Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. XTB cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. XTB cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

XTB review
XTB Non Trading Fees

XTB non-trading fees include a variety of XTB brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the XTB trading platform. The most common non-trading fees include XTB withdrawal fees, XTB deposit fees and XTB inactivity fees.

XTB review
XTB Deposit Fees

XTB does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, XTB does not do this.

XTB review
XTB Inactivity Fees

XTB does charge clients an inactivity fees for dormant XTB trading accounts. A XTB inactivity fee is a sum charged on XTB brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

XTB review
XTB Withdrawal Fees

XTB does not charge withdrawal fees. Withdrawals fees vary between XTB and XTB alternatives depending on where you are located and how much money you are withdrawing.

XTB review
XTB Account Fees

XTB does not charge account fees. Account fees charged differ between XTB and other brokers. An account is a fee that XTB and other brokers assesses on all accounts for the ability to keep an account on their platform.

XTB review
XTB Account Opening

The XTB account registration process is simple, user-friendly, and quick. Within 1-3 Days most XTB trading accounts are ready for live trades. Our XTB account was validated in 1 day, but live XTB trading account verification times will vary depending on the time it takes to process your KYC documents and XTB trading account application. A XTB demo account can be opened in a few minutes.

XTB trading accounts are available in over 187 countries. XTB is restricted in the following countries.

Apart from the restricted countries a XTB trading account can be opened globally.

The XTB trading platform is available for residents in US. Some financial instruments XTB offer may be restricted in your country.

• Fast XTB account opening.
• XTB accounts can be opened and KYC can be verified digitally.
• XTB minimum deposit is 0 USD / GBP / EURO.
• XTB trading account verification may be held up for longer than a day if there is an issue with verifying your account.

XTB review
XTB Deposit And Withdrawal

XTB Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

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.

XTB offers the following account USD, GBP, EUR.

When trading make sure your XTB trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. 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 review
XTB Deposit Fees and Deposit Methods

Investors can log in to their XTB trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their XTB trading accounts from an existing bank account or send the funds through a wire transfer or online check.

XTB Deposit Fees

Making a deposit on your XTB account is free.

XTB Deposit Methods

There are several methods through which you can deposit money into your XTB account. One can use a credit or debit card and XTB accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your XTB account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your XTB account. Funding methods for XTB include Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,.

XTB review
XTB Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your XTB brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open XTB positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your XTB account.

XTB Fees When Withdrawing Your Account Balance

XTB do not charge withdrawal fees. Some withdrawal fees are out of the control of XTB and may be due to 3rd party payment providers and your account base currency.

XTB Withdrawal Methods

Log into your XTB trading account, which is connected to your bank account. Go to the section that says “funds” or “accounts” and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your XTB account to your bank account. To withdraw money from your XTB account you can use credit or debit cards. XTB processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as XTB processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

XTB review
XTB Trading Platforms

As there are a number of tradable financial instruments available on the XTB trading platform. Before investing in the XTB platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The XTB platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. XTB offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on XTB is available. Another thing to consider is your financial goals. Make sure that a XTB account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a XTB account. Ensure that XTB allows you to focus on the type of trading that you want to focus on.

Make sure XTB is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using XTB, think about how easy it is to use for your personal needs. Does the XTB platform offer real-time updates or delayed updates that are more informed? Remember to check if XTB is well regulated, and what tradeable financial instruments XTB has. Security is very important when it comes to trading with XTB.

XTB Web Trading Platform

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.

Mobile Trading Platform

Both Android and iOS devices are supported by the XTB mobile trading platform.

XTB Apple IOS Trading Platform

A XTB iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

XTB Google Play Android Trading Platform

A XTB Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

XTB review
XTB Mobile Trading User Experience

XTB mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. XTB mobile trading refers to trading using a mobile phone.

Leading brokerages like XTB offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire XTB portfolio. All an investor needs is a Web-enabled smartphone and a trading account with XTB. Once you have download the XTB trading app, you are ready to begin.

XTB review
XTB Desktop Computer Trading Platform

A XTB computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The XTB desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The XTB desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

XTB MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

XTB PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using XTB. A trading computer with access to a XTB PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

XTB Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the XTB trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the XTB trading platform is very user friendly on a Mac device.

XTB review
XTB Trading Look And Feel

The XTB user interface (UI) is what XTB traders will see and interact with first when trading with the XTB trading platform. The XTB is well designed. The goal of the XTB trading UI is to make the XTB user's experience intuitive. The XTB application has good user experience and a good level of customer satisfaction.

XTB Security

XTB is a secure trading platform. XTB offers traders security via 2 factor authentication, SSL encription when trading with XTB. XTB trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with XTB. Rate limitation on XTB suspicious account activities is another layer of protection that is provided for XTB trading accounts, for example multiple failed login attempts with XTB. You have the option to further safeguard your account by using XTB Two-Factor Authentication (2FA), which provides an extra layer of security.

The XTB trading infrastructure is constantly watched and guarded by a trained team at XTB In addition, XTB never send sensitive information without first encrypting on the XTB trading platform using transport layer security (TLS) and SSL.

XTB review
Placing A Buy Or Sell Order On XTB

Available XTB order types. # market, limit, stop, stop limit, Good until end of day / canceled.

XTB Market Order

A XTB market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. XTB market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. XTB market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

XTB Limit Order

A XTB limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

XTB Stop Order

A XTB stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

XTB Stop Limit Order

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 (or better). The XTB stop-limit order triggers a limit order when a stock price hits the stop level. A XTB stop-limit order can be helpful when trading if you are unable to watch your trades all day.

XTB review
XTB Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

XTB review
XTB Trading Platform Features

Online trading platforms like XTB are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with XTB. The XTB trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using XTB.

XTB Margin Trading

XTB margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, XTB margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

XTB review
XTB Account Types

XTB Demo Account

XTB offers demo accounts that gives traders the ability to purchase and sell XTB financial instruments in a practice environment, using fake XTB digital money and live market conditions and data. When you practise on a XTB demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the XTB platform. XTB demo accounts allow you to experience and practice a variety of market charts, XTB trading indicators, and trading strategies using XTB.

XTB Standard Account

XTB offers a standard trading account, allowing XTB traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich XTB trading platform.

XTB STP Account

XTB STP (Straight Through Processing) account is a XTB trading feature that involves sending XTB client orders directly to the market without passing them through a dealing desk. A XTB STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

XTB DMA Accounts

XTB Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the XTB financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, XTB might use direct market access to place trades themselves. XTB DMA accounts make individual contracts with each liquidity provider.

XTB Islamic Accounts

XTB islamic accounts respect Islamic finance law. XTB swap free accounts do not accumilate interest and XTB transactions are actioned immediately. A XTB Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using XTB following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with XTB Islamic accounts do not pay or receive interest rates.

XTB review
XTB Tradable Financial Instruments

XTB tradable financial instruments are the financial instruments that are specifically available to trade on the XTB trading platform. This refers to the different types of financial markets you can trade with through XTB. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on XTB.

XTB review
XTB Trading Stocks

Stock trading with XTB is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with XTB; if you possess the stock on XTB, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on XTB involves purchasing and selling stocks and share using XTB periodically in order to time trades against the stock markets, with the aim of using XTB to profit from your stock trading. XTB stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on XTB. Stock traders on XTB conduct significant study, frequently dedicating several hours every day to market monitoring using XTB trading tools.

XTB review
XTB Trading ETFs

What Are ETFs

XTB offers ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

XTB does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

XTB review
XTB Trading Cryptocurrencies

XTB offers cryptocurrency trading.

Cryptocurrency trading can be conducted using XTB to buy and sell the cryptocurrency financial instruments on XTB. Cryptocurrency trading can also be done using a cryptocurency CFD XTB trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using XTB. A CFD is a high risk leveraged trade between the trader and the XTB brokerage. No underlying assets are exchanged with a XTB CFD contract, it is purely speculation on the crypto financial instruments price movements with XTB. XTB CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if XTB CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with XTB. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with XTB.

Cryptocurrency trading is not offered by XTB, so you will need to find a XTB alternative that allows you to buy and sell the underlying cryptocurrency assets. XTB CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a XTB alternative and make sure you undertand the risks fully before trading.

XTB review
XTB Forex Trading

Forex trading with XTB is a method through which to invest money which involves trading one currency for another in a Forex currency pair with XTB. The main aim of XTB Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with XTB. As a XTB Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like XTB. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like XTB. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on XTB.

XTB review
XTB Commodities Trading

Commodity trading is a type of trading available on XTB where individuals or businesses buy and sell financial instruments using XTB related to commodities, such as metals or oil.

XTB review
XTB Options Trading

XTB options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. XTB option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

XTB review
XTB Futures Trading

Futures trading with XTB 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 using XTB to facilitate the trade. A XTB futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on XTB. Typically, futures contracts are traded on an exchange such as XTB; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling XTB trader to the contract agrees to provide it.

XTB review
XTB Bonds Trading

Bonds trading on XTB is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the XTB trader. Bonds can be bought and sold on XTB after they are issued. While some bonds are traded publicly through XTB, most trade over-the-counter between large broker-dealers like XTB acting on their clients' or their own behalf. Yield is therefore based on the XTB purchase price of the bond as well as the coupon.

XTB CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

XTB review
XTB Trading Research Tools

Taking advantage of XTB trading research tools which are designed to help traders analyse potential investments using the XTB trading platform. Some XTB research tools include charts, technical analysis, and XTB trading indicators.

XTB Trading News

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 Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A XTB economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

XTB Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. XTB fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

XTB Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on XTB are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. 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.

XTB portfolios

Trading portfolios are useful when trading with XTB.

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.

A XTB trading portfolio is a traders collection of investments, which may include a variety of XTB financial instruments.

XTB review
XTB Payment Methods

A XTB payment method is required to fund your XTB trading account before placing a buy or sell order on a financial instrument.

When trading with XTB, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that XTB do not have any control over.

XTB review
XTB Withdrawl Methods

When trading with XTB at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your XTB account balance. XTB may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your XTB account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

XTB Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your XTB account.

Withdrawal requests can take up to three business days to be processed by XTB.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your XTB should arrive in less than 24 hours.

XTB review
XTB Customer Support

Customer support represents the resources within the XTB company that provides technical assistance to its customers after they use the XTB service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

XTB offer email, livechat, phone, customer support.

XTB Email Support

XTB offers email support.

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 1 - 3 days for a response from XTB regarding your support request.

XTB Livechat Support

XTB offers livechat support.

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, 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. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

XTB Telephone Support

XTB offers telephone support.

XTB telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the XTB call centre to give or take information.

XTB Average Support Response times

Contact Method	Average Response Time
XTB Live Chat	2 minutes
XTB Email	3 hours
XTB Phone	3 minutes

We tested the customer service response times of XTB on Monday, November 18, 2024.

XTB review
XTB Educational Resources

XTB educational resources are used throughout the XTB learning environment to help and assist with customer's development and learning of trading on XTB. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using XTB trading tools. Educational resources like some of the resources available with XTB are a good as part of a wider set of educational guides and information from else where online.

Some of the XTB trading guides and information that we found useful included algorithmic trading courses, live webinars, daily market analysis, tutorials.

XTB Trading Platform Tutorials

XTB offer a range of learning resources and tutorials and guides made available to registered XTB users. The XTB guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate XTB users on basic trading principles.

XTB Trading Videos

XTB offer a selection of online trading videos.

Trading videos on XTB help new and even more experienced investors gain insights into XTB technical analysis tools and how the different financial markets work when trading on XTB.

XTB trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some XTB training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using XTB to trade live financial markets.

XTB Webinars

XTB offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of XTB clients who participate by asking questions, replying to polls, and using other interactive technologies available on the XTB trading platform.

XTB review
XTB Financial Regulation When Trading

Financial regulations on XTB protect consumers' investments. Regulations prevent financial fraud and limit the risks that XTB as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. XTB financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is XTB Regulated?

XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa.

XTB is licensed by financial regulators in certain jurisdictions. You can find out if brokers like XTB are licensed in your country, if they have had run-ins with regulators, or received serious complaints from XTB investors, directly with financial regulators in your country.

XTB Regulatory Protection Limits

When registering with XTB you must check with regulatory body your XTB trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your XTB account is over seen by. XTB client funds are stored in segregated 3rd party bank account in accordance with XTB financial regulators.

Client country	Investor protection amount	Regulator
United Kingdom	£85,000	Financial Conduct Authority (FCA)
EU Investor Compensation Scheme	max €50,000	Directive of The European Parliament and European Commission
Other countries	90% of your funds, max €20,000	Bulgarian Financial Supervision Commission (FSC)

XTB Trading Signals

XTB offers trading signals to XTB clients.

XTB trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A XTB trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the XTB trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does XTB make money?

Because XTB acts as an intermediary, XTB gets compensated on buy and sell transactions of financial instruments. As a result, XTB profit is determined by the volume and number of transactions. XTB earns revenue to fund their XTB platforms and wide range of trading services through market spreads.

Can you buy shares on XTB?

XTB provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. XTB offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and XTB on the speculative up or down price movement on an agreed stocks price movement.

Does XTB offer Cryptocurrency?

XTB does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.

XTB Lower fees, lower costs?

XTB have reasonable trading fees and costs. XTB may charge a deposit fee. XTB may charge a withdrawal fee. Some withdrawal fees are out of the control of XTB and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

XTB minimum deposit is 0 USD / GBP / EUR.

How to start your XTB account?

You can sign up for a live or demo XTB trading account by visiting XTB and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an XTB account here.

How's the XTB trading app?

XTB allow traders to trade financial markets on iOS, Android and Windows supported mobile devices.

You can tryout the XTB trading app here. 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Is the quality of XTB customer service satisfactory?

XTB have great customer support which is accessible through email, livechat, phone, support options.

Is this broker good for new traders?

XTB is a good trading platform for new traders as XTB offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from XTB?

XTB offer a good selection of withdrawal options. Once XTB have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best XTB Alternatives Reviews

If XTB isnt quite what you are looking for you can check out some of the best XTB alternatives below.

• IC Markets Review (read our in depth 2024 review)
• Roboforex Review (read our in depth 2024 review)
• AvaTrade Review (read our in depth 2024 review)

Best XTB Alternatives In Detail

If you would like to see XTB compared agains some of the best XTB alternatives available right now you can do so by clicking on the links below.

• IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
• Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
• AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)

Check out RoboForex – Professional services on Forex market