XTB review

XTB forex review

XTB is the UK subsidiary of Polish broker X-Trade Brokers, founded in 2002 in Warsaw. This broker, registered with the Financial Conduct Authority, provides traders with solutions to invest in OTC derivatives through CFDs (Contracts for Difference), forex pairs, commodities, options, stock indices and shares.

XTB is one of the world's largest stockbrokers, operating in 11 countries including the UK, Poland, Germany and France, to name but a few.

Known for its transparency and speed of execution, XTB and its analytical team have won a number of prestigious awards for their service and research, including the Bloomberg EMEA First Prize for Foreign Exchange Trading Accuracy in Q3 of 2018.

XTB differentiates itself from other brokers in three main aspects: the power of its xStation 5 platform, its educational and analytical materials for all levels of traders, and its open door policy which includes top-notch support from its customer support team.

XTB features several categories of trading instruments

  • Forex: over 51 currency pairs are available, including all the major currency pairs, plus a few minor and exotic pairs.
  • Stocks: XTB offers CFDs on over 1,700 stocks of companies that trade in the United States, United Kingdom, Poland, Portugal, Spain, Switzerland, France and Finland.
  • Indices: The platform lets traders trade over 41 stock indices.
  • Commodities: There are many commodities available for trading including wheat, copper, coffee, aluminum, nickel, petroleum, platinum, silver, gold, etc.
  • ETFs: Traders can speculate on the value of ETFs on the Toronto Stock Exchange.
  • Cryptos: Bitcoins, Litecoins, Ripple, Dash, Ethereum, etc.

XTB boasts an impressive trading platform

The xStation 5 platform was voted 2016's “Best Trading Platform” by the Online Personal Wealth Awards and offers reliable and instant execution (at 90 milliseconds on average) without re-quotes. It offers free audio commentary on the markets - a paid service with other brokers - as well as an advanced trading calculator that instantly determines every aspect of your trades.

It also features a comprehensive video tutorial section, stock filters, trader sentiment, and real-time performance stats that break down your trading behaviour, showing you where your strengths and weaknesses lie as a trader.

The platform is available for computers, tablets, smartphones, and even smartwatches, and has a variety of innovative technical tools to help you with your trades.

 

Trading stock market shares

The XTB platform also makes it possible to buy/sell shares on the stock market. Thousands of stocks are available in real time.

Opening an account and deposits/withdrawals are all free. There are no account maintenance fees whatsoever.

You can complete up to 5 transactions each month, with a maximum value of €30,000 or £30,000 without paying any fees. Additional trades incur fees (at a relatively low rate, compared to other brokers).

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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 website  XTB account registration  XTB demo account

XTB offers the trading of shares

XTB shares

Trade over 1700 share CFDs from 9 different exchanges from around the world, without owning the underlying asset. With lightning quick execution and leverage up to 1:10, you can profit from falling share prices as well as rising ones. In addition, clients are entitled to dividend and rights issues that are paid in cash, with commissions as low as 0.08%!

Direct Market Access (DMA)

Leverage up to 1:10

9 markets, over 1500 instruments

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