XTB BROKER REVIEW TESTING

Introduction to XTB Markets

XTB is one of the leading CFD Brokers today offering an excellent platform for trading CFDs, Forex, Cryptocurrencies & Stocks. It has won numerous awards in previous years for best CFD broker and its state-of-the-art web trading platform xStation5. XTB, like many other online brokers in the market, offer a demo account to practice and familiarise yourself with their platform. However, If you’re starting you could consider opening a real live account, the minimum deposit required is £250.

XTB is one of the largest forex and CFD brokers in the world. The company is headquartered in Poland and has offices in over 13 countries including UK, Poland, Germany, France and Chile. XTB has over 495,000 clients from over 50 countries. The company is regulated or licensed in the UK, Poland, Cyprus, Spain, Belize and Dubai. XTB offers a variety of financial products including forex, CFDs on stock indices, commodities, and metals. XTB provides its clients with several trading platforms including its own xStation 5 platforms as well as MetaTrader 4.

XTB offers a wide range of educational resources including trading guides, webinars and video tutorials. The company’s website is available in multiple languages including English, French, German, Spanish, Italian, Hungarian, Czech, Polish, and Turkish. XTB is committed to providing its clients with a safe and secure trading environment. The company is a member of the Financial Conduct Authority (FCA) which is one of the most well-respected regulators across the world.

Spread & Fees

A ‘Spread’ or otherwise known ‘Bid/Ask Spread’ is the measured difference between the buy and sell price quoted for any trading instrument: whether it be a Forex currency pair, Commodity (Crude Oil), precious metals (Gold), indices, Stocks and Crypto (Bitcoin). It can be interpreted as the cost of trading charged by the broker to traders.

XTB, along with the majority of brokers charge a spread to their clients and that is the reason why the majority of traders choose a broker with low spreads. Spread is reported in PIPs or known as basis points. Spreads can be calculated by spread value in pips × traded lot size.

When trading forex and CFDs, it is important to be aware of the spread. The spread is the difference between a currency pair’s bid and ask price. Forex and CFD spreads are the costs associated with trading these instruments. The tighter the spread, the less expensive it is to trade. XTB offers competitive spreads on a variety of currency pairs, with spreads as low as 0.35 pips.

The graphical illustration compares how XTB spreads stack against the combined average spreads of all other established brokers featured on Ekzaga.

Accounts Types

test min deposit

Deposit & Withdrawal

Unique Features

Customer Support

Conclusion