XTB Review – Must Read Review of online trading Broker

XTB Review – Must Read Review of online trading Broker

Basic information about XTB

Year of establishment: 2002

Licensing authorities: FCA (UK), CySec (Cyprus), KNF (Poland), IFSC (Belize)

Minimum deposit: 1 USD

Maximum leverage: 1: 500

Trading platform: MT4 and xStation

XTB Homepage: XTB.COM

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XTB Overview

XTB is one of the tier 1 liquidity providers (Tier 1); XTB is regulated by FCA, CySEC, KNF, Bafin,…  XTB is one of the few brokers are listed on the stock exchange, XTB was listed on the stock exchanges of Warsaw, Poland in 2016 with stock code XTB

XTB not compete on transaction costs but in return we have a prestige broke and customer care very good

In addition, you experience a great trading platform that almost no broker has. For the reasons mentioned above, I believe XTB deserves a pick three choices for you

How to open a XTB account

XTB customer insurance policy
Protect your Account from negative balances

In highly volatile market conditions that cause your account to suffer losses, XTB will also protect you by automatically resetting the negative numbers

Segregated account

Customer money was transferred completely into the bank account, separate from company account

Compensation mechanism for customers

Customers registered with XTB UK managed by FCA will enjoy compensation up to £ 85,000 .

Customers registered with CySEC-regulated XTB CY will enjoy compensation up to 20,000Euro.

Customers registered with X-Trade is managed by the KNF will receive compensation policy to 20.000Euro

Customers registered with XTB International Limited is managed by the IFSC will not be entitled to compensation policies

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Trading products in XTB
Currencies

49 currency pairs. The leverage allows up to 1: 500 and there is no minimum deposit requirement

Indices

42 index such as US30, DE30, AUS200,…. All Indices are not equal to Swap. XTB allows indices trading with 1: 200 leverage and allows both Buy and Sell orders

Commodities

Gold, Silver, Crude Oil, Coffee, Sugar, … with competitive Spread and leverage to 1: 200

Stock CFD

This is the remarkable point of XTB compared to most other brokers. Over 1700 shares, Including popular stocks that you may be interested in such as Apple, Adidas, Amazon, Google, Ebay.

Leverage up to 1: 2 0 and transaction costs from only 0.08%

ETF CFDs

There are over 100 ETFs offered with an allowable leverage of 1:10

Crypto

25 cryptocurrency , cryptocurrencytransactions take place on Xtb 24/7