X-Trade Brokers

Company information

Company name
XTB Online Trading
Website
xtb.com
Company Headquarters
Poland
Commissions
N/A
Account Minimum
$0

XTB

Ratings :
3.8/5
Based in Poland, XTB Online Trading was founded in 2002 previously known as X-trade. They are a leading European broker company offering multiple markets including forex, shares, indices, commodities and cryptocurrencies. Known to be the best brokers for low cost, they also have a trusted reputation for providing great customer service. XTB now offers their web-based flagship platform xStation 5 for web and mobile applications.

How to Open an Account?

Trustworthy

City Index is directed by top-tier authorities, for instance it is a primary regulator of the FCA under the flagship of Gain Capital, its parent organization, who is also recognized as a prominent member of the New York Stock Exchange. Also including the ASIC and The Monetary Authority of Singapore (MAS) City Index works under a few legal entities and laws around the world; which of these will serve you relies upon the country you preside in. The investment protection account sum you're qualified for relies upon the country from where you are trading and investing from.

Expense & Charges

XTB advertise minimum cost for FX spreads for its different accounts. They offer two types of accounts Standard and Pro. Their expenses sit right with the overall industry trend.
XTB's "Standard" account quotes a minimum spread of 0.5, while its "Pro" account offers a minimum spread of 0.1. There is, however, a commission of $3.50/lot added for trades on Pro accounts. According to XTB, "the average spread on EUR/USD for the last quarter was 0.43 (Pro accounts) and 1.02 (Standard accounts)." The 0.43 is the average spread before commission was added, so the actual average EUR/USD spread for Pro accounts would have been 0.78, which is still is among the best in the online forex brokerage industry. XTB charges commissions for cryptocurrency (Pro) and stock CFD (Standard and Pro) transactions, as well.
They also charge inactivity fees according to their terms and conditions which is “€10 if there is no opening or closing of the position on the Customer’s account within the last 365 days and no cash deposit within the last 90 days." Moreover, they charge withdrawal fees if there is less than a specific amount of cash in the clients account.

Trading Platform

XTB is widely known for its own flagship trading platform xStation 5 which impressively offers strong tools and is easy to use because of its simple but appealing design. It offers great experience for all kinds of devices including web, mobile, tablet, apple and android. On this platform 29 drawing tools and 37 technical indicators are available for the users.
Apart from that they used to offer only MT4 is available because xStation 5 does not support automated trading, however it is costlier due to high spreads and following November 2020 new clients cannot open accounts on MT4 platform.

Learning Material

XTB provides great educational material for the users. They are up to mark with industry standards in terms of trading education.
They have divided their courses on the basis of learning levels; basic, intermediate, expert and premium. All the courses cover major topics regarding the trading industry. Only first two courses are available for website users, premium category requires xStation platform and sign up for demo/live account first. Their courses have both written articles and videos along with quizzes for beginners.

Customer Support

XTB is well known for providing best customer care which in this day and age is very crucial to survive any service providing industry. They offer all basic contact options like email, local phone support 24/5 and live chat.
In addition to that, clients are assisted by an account manager to solve their relative problems. Their phone support is very responsive along with that they have customer support available in several languages which expands their reach to a much larger client base.
0 0 votes
Article Rating
Subscribe
Notify of
guest
12 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Ahmer Butt
Ahmer Butt
5 months ago

Been working with them for a while and would definitely recommend them. From customer services to trading platforms they offer all services of great quality.

Usman Mehmood
Usman Mehmood
5 months ago

I am so disappointed with XTB. I have been using this platform for years but now I have suddenly started facing withdrawal delays and have to contact them constantly. I am tired of doing that.

Qasim Jan
Qasim Jan
6 months ago

 XTB has the best trading services, XStation is an excellent platform and has low charges.

Khursheed Alam
Khursheed Alam
6 months ago

 Looking for a new forex broker, XTB’s services are absolutely worse!

Rizwan Khan
Rizwan Khan
6 months ago

There is much room for improvement in the services of this broker. Their customer support team is unable to help me with my issues.

Adeel Junejo
Adeel Junejo
2 months ago

XTB provides the greatest trading services, while XStation is an amazing platform with cheap fees. They provide high-quality services ranging from customer support to trading platforms.

Junaid Ashfaq
Junaid Ashfaq
2 months ago

I’ve just joined XTB and it was simple and easy, and they were very helpful.

Aatifa
Aatifa
1 month ago

Perfect and honest broker company. I really had a great time trading with this broker company. Withdrawal is fast and services are all efficient.

Ishaq Ali
Ishaq Ali
1 month ago

Fantastic broker company. Services are really pleasant and there are so many ways to earn money. I’ve got nothing to complain about, I am amazed and satisfied with the services.

Hamza Khan
Hamza Khan
1 month ago

They are excellent when it comes to customer service. Signals are profitable, too. I would keep their services and will surely recommend them.

Mustafa Ahmed
Mustafa Ahmed
1 month ago

It has everything I was looking for in a broker: good spreads, friendly support, a good broker team, and security. From the moment I started trading with them, services are consistently good. Hoping that it will be consistently good.

IbnAbbas
IbnAbbas
24 days ago

Helpful customer service and good broker signals. I gain profit from the trades and I had good support at the same time. Will surely keep this broker service.

12
0
Would love your thoughts, please comment.x
()
x

Get Registered For FREE Forex Training!

Fill In Your Details To Get Registered For FREE Forex Training!

Do You Know About Forex Trading?(Required)
Have you done Forex Trading before?(Required)
Where did you hear about us?(Required)
Enable Notifications    OK No thanks