XTB is a globally recognized trading platform, established in 2002, offering a wide range of financial instruments, including forex, stocks, commodities, indices, ETFs, and cryptocurrencies. Renowned for its award-winning xStation platform, XTB provides traders with advanced tools, fast execution, and a user-friendly interface.
Outstanding ingredients
XTB, a global online investment platform, offers various promotions and has received several awards:
- CFD Broker of 2019: XTB was recognized as the “Best CFD Broker for 2019” by BrokerChooser, a leading comparison platform.
- Central and Eastern Europe’s Best FX Retail Broker: Euromoney awarded XTB as the best FX retail broker in Central and Eastern Europe.
- Highest Rated FX & CFD Broker 2018: XTB was honored with this title by the Wealth & Finance Awards.
Operating license
XTB is a well-regulated global brokerage that operates under various licenses and regulations across different jurisdictions. Here are the key licenses and regulatory authorities governing XTB’s activities:
- FCA – United Kingdom: XTB UK operates under the Financial Conduct Authority, one of the most respected financial regulatory bodies in the world. The FCA ensures that XTB adheres to strict rules regarding transparency, customer protection, and financial stability.
- KNF – Poland: XTB is regulated by the KNF in Poland, where it is headquartered. This license ensures the company’s compliance with national regulations regarding financial transactions, market conduct, and customer protection within the European Union.
- CySEC – Cyprus: XTB’s Cyprus branch is licensed by CySEC, which enables it to provide services to clients within the European Economic Area (EEA). CySEC’s regulatory oversight ensures that XTB follows EU financial laws and regulations, particularly the Markets in Financial Instruments Directive (MiFID).
- IFSC – Belize: XTB’s Belize branch is regulated by the International Financial Services Commission. This allows the company to offer services to clients outside the European Union, in accordance with Belizean regulations.
- Bafin – Germany: XTB is also regulated by BaFin in Germany, which ensures compliance with German financial laws, protecting investors in the region.
- CNMV – Spain: In Spain, XTB operates under the supervision of CNMV, the government agency responsible for overseeing securities markets in Spain, ensuring that XTB adheres to local market conduct rules.
Security and Reliability of the XTB Platform
Client Fund Protection
Segregation of Client Funds: XTB ensures that client funds are kept in segregated accounts, separate from the company’s operational funds. This protects client funds in the event of financial difficulties or insolvency.
Compensation Schemes: XTB is a member of compensation schemes in various jurisdictions. For example, in the UK, XTB is a member of the Financial Services Compensation Scheme (FSCS), which provides compensation to clients in the event of the firm’s insolvency (up to £85,000).
Investor Protection in the EU: As XTB operates in the EU, it adheres to the Markets in Financial Instruments Directive (MiFID II), which ensures that clients are protected under European laws, including transparency and fair treatment
Data Protection and Privacy
GDPR Compliance: XTB is fully compliant with the General Data Protection Regulation (GDPR) for clients in the EU. This regulation ensures that personal data is securely handled, stored, and processed.
Encryption Technology: XTB employs high-level encryption protocols (SSL technology) to secure client data during transmission, ensuring that sensitive information such as personal details and financial data is protected from unauthorized access.
Investor Protection in Case of Insolvency
In case of XTB’s insolvency, client funds are protected, as mentioned above, through segregation and compensation schemes. Additionally, XTB operates under strict regulatory scrutiny to prevent financial instability.
Outstanding features of the XTB platform
User-Friendly Trading Platforms
XTB provides access to the xStation 5 trading platform, which is highly rated for its intuitive design, fast order execution, and comprehensive charting tools. The platform is available for both desktop and mobile devices, offering flexibility for traders.
Additionally, XTB also supports MetaTrader 4 (MT4), a widely used platform among traders, providing even more options for trading.
Low Spreads and Competitive Fees
XTB offers competitive spreads, especially on major currency pairs, and low fees for trading. The pricing structure is transparent, and there are no hidden fees or commissions on standard accounts, making it cost-effective for both beginners and advanced traders.
Education and Research Resources
XTB provides a variety of educational materials, including webinars, video tutorials, articles, and eBooks, helping traders improve their knowledge of the financial markets and trading strategies.
The company also offers advanced market analysis tools and daily research reports, which assist traders in making informed decisions based on current market conditions.
Multiple Payment Methods
XTB offers a wide range of deposit and withdrawal methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrency transactions, making it convenient for traders to manage their funds.
XTB has a relatively low minimum deposit requirement, which makes it accessible to beginner traders. This is especially beneficial for those just starting out or those looking to test the platform with a smaller investment.
Types of accounts on XTB
At XTB, only 01 account type is provided: Standard. On a Standard account, you will not be charged trading fees (Except for Share CFDs and ETFs products).
| Accounts | Standard |
| Minimum deposit | $250 |
| Spread³ | From 0.9 pips |
| Commission | No |
| Maximum leverage | 1:30 ESMA (European Securities and Markets Authority)1:200 professional clients |
| Instruments | Forex: Major, minor, and exotic currency pairs (e.g., EUR/USD, GBP/USD, USD/JPY)Indices: Popular stock indices (e.g., S&P 500, NASDAQ, FTSE 100)Commodities: Gold, oil, silver, and other commoditiesStocks: Shares of major companies listed on global exchanges (e.g., Apple, Amazon, Tesla)ETFs: Exchange-traded funds tracking various sectors, commodities, and indicesCryptocurrencies: Popular digital assets like Bitcoin (BTC), Ethereum (ETH), and others |
Types of platforms on XTB
xStation5
XTB offers the xStation 5 as its main proprietary trading platform, which is known for its user-friendly interface and advanced features. Here’s a summary:
- User-Friendly Interface: Easy navigation for both beginners and advanced traders.
- Advanced Charting Tools: Over 30 indicators, multiple chart types, and drawing tools.
- One-Click Trading: Instant order execution with a single click.
- Real-Time News & Analysis: Integrated market news and economic calendar.
- Risk Management Tools: Real-time statistics and detailed trade information.
- Mobile Version: Available for iOS and Android, offering full functionality.
- Demo Account: Available for risk-free practice.
Metatrader 4
XTB also offers MetaTrader 4 (MT4) with the following features:
- User-Friendly Interface: Simple and easy to use for all levels of traders.
- Advanced Charting Tools: Over 30 indicators and multiple chart types.
- Automated Trading: Supports Expert Advisors (EAs) for automated strategies.
- Customization: Allows adding custom indicators, scripts, and templates.
- Order Types: Includes market, limit, stop-loss, and trailing stop orders.
- Mobile & Desktop: Available on desktop, web, and mobile (iOS/Android).
- Demo Account: Available for risk-free practice.
Conclusion
In conclusion, XTB is a highly reliable and versatile trading platform, offering a range of powerful tools and features for traders of all experience levels. Whether you’re a beginner or a professional trader, XTB’s competitive spreads, risk management tools, and comprehensive support make it a strong choice for those looking to trade in various financial markets.
XTB Details
