Company Summary
Aspect | Information |
Registered Country/Area | Belize, C.A. |
Founded Year | 2002 |
Company Name | FXGT |
Regulation | FSC |
Minimum Deposit | 0 |
Maximum Leverage | Not Specified |
Spreads | Starting from 0.0 pips |
Trading Platforms | XStation 5 and XStation Mobile |
Customer Support | 24/5 Chat Support at +48 222 739 976,
Email at sales_int@xtb.com, and Live chat. |
Payment Methods | Debit/Credit Cards, Bank transfers, and Online Payments. |
Introduction
XTB is recognized as a CFD trading platform. XTB broker gives traders diverse trading instruments, advanced tools, and educational resources for seamless trading. XTB trading platform was created in 2002 and is regulated by the Financial Services Commission. The platform has a transparent and secure trading pattern that makes trading easier.
The brokers operate on XStation 5 and XStation Mobile trading platforms. It is compatible with desktop and mobile browsers making trading easier and offers you an on-the-go trading experience. This XTB forex review will help you understand the key aspects of the platform including its trading platforms, instruments, tools, customer support, and more.
Key Aspects of the XTB Trading Platform
XTB is a 20-year-old trading platform that offers multiple features. The platform has been awarded for its impressive trading solutions. These features enhance the trading experience and help you learn and grow. The important features are:
Investing Options
XTB trading platform has over 2000 listed financial instruments. These help traders create a diverse portfolio and trade in multiple sectors.
These include:
Indices
XTB offers trading in over 30 CFD Indices. Traders get access to top indices from the US, Asia, and Europe. The platform also helps in keeping your trades under control with tools like Stop Loss and Take Profits.
Forex
The platform offers trading in the top global currency pairs. With competitive spreads as low as 0.00008, lower swap values, and fast execution, you get a smooth Forex trading experience. The platform offers over 70 currency pairs for a diverse trade.
Commodities
XTB offers traders a variety of commodities from different sectors. There are over 25 commodities including gold, silver, natural gas, and more. Traders can enhance and develop their portfolios while trading in precious metals and energy-like instruments.
Stocks and ETFs
XTB also offers trade CFDs on Stocks and ETFs. The platform offers access to global stocks like Google and Netflix starting from just 10 USD. XTB provides commission-free trading in ETFs.
Account Types by XTB
XTB has no segregated account types that cater to different traders but they do offer a free/trial account option. The XTB account provides traders with advanced solutions including market analysis, technical indicators, and charting tools.
The platform offers a demo account for around 30 days. This helps traders to get familiar with the platform and brush up their trading skills. You can create a demo account by using your email ID.
How to Open an Account?
To create an XTB account, you need to visit the website first. On the website, you need to follow a few steps:
Step 1: At the website, click Create an account option.
Step 2: Write your email and select the country. Agree to the terms and move to the next step.
Step 3: Start Verifying your account with the code received in the mail.
Step 4: Your account is created, now you can add money.
Step 5: Once you add funds, you can Start Trading.
Deposits and Withdrawals
With XTB you not only get commission-free transactions but you also get rid of additional charges and minimum deposits. The platform offers instant deposits without any additional charges. The platform offers trading starting from 10 USD for different instruments.
The platform has multiple payment methods like cards, online, and bank transfers. The withdrawal above 50 USD is free from any fees. There is no minimum withdrawal value but charges may apply. The withdrawal requests are approved on the same day or might take up to 24 hours to complete.
If you want to look for a broker with More options of withdrawal, then you can check out other brokers like Capitalix, SmartSTP and TradeEU.Global.
Security and Regulations
XTB is an authorized and regulated trading platform that ensures safety. The platform is regulated by the Financial Services Commission in Belize. The regulatory body ensures that the platform maintains industry standards of security and transparency. This enhances the credibility of the platform making it a trustworthy choice.