XTB, short for X Trader Brokers, is an online retail forex broker that offers a wide range of trading assets on their platforms, MetaTrader 4 and xStation 5. These assets include forex, indices, commodities, stocks CFDs, ETF CFDs, and cryptocurrencies. As a company, XTB is regulated in four jurisdictions, including Belize, Poland, the United Kingdom, and Spain. This ensures that they adhere to strict financial regulations and provide a secure trading environment for their clients. When it comes to determining whether XTB is a good broker, unbiased traders' reviews on platforms like ForexPeaceArmy can provide valuable insights. It is always recommended to stay updated on recent community discussions to gauge the current state of their services. XTB allows scalping on both of their trading platforms, MT4 and xStation, providing flexibility for traders who prefer this strategy. However, it's important to note that trading CFDs with any provider carries a high risk, and 82% of retail investor accounts lose money. Therefore, it is crucial to have a good understanding of how CFDs work and to only invest what you can afford to lose.XTB is registered in Belize and located at 35 Barrack Road, 3rd Floor, Belize City. They have regional offices and are regulated by reputable authorities such as the International Financial Services Commission (IFSC) in Belize, the Komisja Nadzoru Finansowego (KNF) in Poland, the Financial Conduct Authority (FCA) in the United Kingdom, and the Comisión Nacional del Mercado de Valores (CNMV) in Spain.Established in 2002, XTB has a long-standing presence in the industry and offers a minimum trade size of 0.01. With a maximum leverage of 500:1 and a minimum of $1 required to open a live account, XTB caters to traders of various levels. They provide support through their UK sales email and phone number, ensuring that clients can easily reach out for assistance.XTB offers the popular MT4 trading platform and allows ECN trading. They provide a wide range of trading instruments, including over 45 currencies, 25 cryptocurrencies (such as Bitcoin, Litecoin, and Ethereum), and over 1725 CFDs, including gold, silver, stocks, stock indexes, bonds, bond indexes, oil, and other commodities.In terms of trading conditions, XTB allows
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XTB, which stands for X Trader Brokers, is an online retail forex broker that offers a wide range of trading assets on MetaTrader 4 and xStation 5 platforms. Traders can access the following assets for trading:
- Forex
- Indices
- Commodities
- Stocks CFDs
- ETF CFDs
- Crypto
One of the key factors to consider when choosing a forex broker is regulation. XTB Group, the parent company of XTB, is regulated in four jurisdictions, which ensures a certain level of security and transparency for traders. The regulatory bodies overseeing XTB Group are:
- XTB International Limited (XTB) - authorized and regulated by the International Financial Services Commission in Belize (IFSC/60/413/TS/19)
- X-Trade Brokers DM SA - authorized and regulated by the Komisja Nadzoru Finansowego in Poland (KNF)
- XTB Limited - authorized and regulated by the Financial Conduct Authority in the United Kingdom
- XTB Sucursal - authorized and regulated by the Comisión Nacional del Mercado de Valores in Spain
Traders often want to know if XTB is a good broker. It is always a good idea to check unbiased traders' reviews to get a better understanding of a broker's reputation. ForexPeaceArmy is a reliable source for such reviews, and you can find reviews of XTB here: https://www.forexpeacearmy.com/forex-reviews/3597/xtb-forex-brokers. Additionally, you can participate in XTB community discussions on ForexPeaceArmy's website: https://www.forexpeacearmy.com/community/tags/xtb/.
XTB is registered in Belize under Registered Number 153,939. The company's office is located at 35 Barrack Road, 3rd Floor, Belize City, Belize, C.A.
Scalping is a popular trading strategy among forex traders, and XTB allows scalping on both of its trading platforms, MT4 and xStation.
It is important to note that trading CFDs involves a high level of risk, and 82% of retail investor accounts lose money when trading CFDs with XTB. Traders should carefully consider their understanding of CFDs and whether they can afford to take the high risk of losing their money.
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 500:1
- Minimum to Open Live Account: $1
- Established: 2002
- Address: One Canada Square, E14 5AA, United Kingdom
- Contact: uksales@xtb.com, 442036953085
- Regional Offices:
- Regulators: FSC #IFSC/60/413/TS/17, CySEC #169/12, KNF #DDM-M-4021-57-1/2005, CNMV #40, FCA #522157
- Prohibited Countries:
- Trading Platforms: MT4
- ECN: ✔ Yes
- Currencies: Trading Instruments (45 )
- Cryptocurrencies: (25 ) Bitcoin, Litecoin, Ethereum
- CFD: (1725 ) Gold, Silver, Stocks, Stock Indexes, Bonds, Bond Indexes, Oil, Other Commodities
- Trading Conditions:
- EAs/Robots: ✔ Yes
- News Trading: ✔ Yes
- Scalping: ✔ Yes
- Managed Accounts & Social Trading
- Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, PayPal, PaySafe Card, Skrill
- Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT)
Traders are encouraged to leave their feedback about their experience working with XTB on the forexroboteasy.com website.
This review of XTB provides an unbiased overview of the company's services and offerings. It is important to conduct thorough research and consider personal trading preferences before choosing a forex broker. The information provided in this review serves as a starting point for traders to further explore and evaluate XTB as a potential broker.
XTB Review: A Regulated Online Forex Broker for Trading Forex, Indices, Commodities, Stocks CFDs, ETF CFDs, and Crypto
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MarkSpark
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4 months ago
XTB Review: A Reliable Broker with Excellent Service
In the deep, often impenetrable forest of online forex brokers, finding one that meets your needs can be daunting. It is with great satisfaction that I pen this review about XTB, a broker that has proven to be reliable and seamless in its operation, fitted with a stellar service like no other. Contrary to the negative testimonials scattered across online forums, my personal experience with XTB in the past six months has been nothing short of remarkable. Amid online brokers where tardy execution and unstable platforms dominate, XTB emerges as a refreshing change. While some may argue about its highlighted features, swift execution is always on my checklist when it comes to choosing the right broker. My dealings with XTB have always been dealt swiftly, with nary a blip or glitch. You won’t experience delays or lags, but only a smooth, efficient transaction, every time. Moreover, what sets XTB apart from many of its competitors is its robust trading platform. It remained unwavering even in highly volatile market conditions, proving to be the beacon of stability that traders seek. Spreads, another vital aspect for regular traders, are reasonably priced at XTB. While it is not the cheapest, certainly, XTB provides a balanced combination of good pricing and reliable service, and there’s no denying that you get your money's worth.But what seals the decision for me is XTB’s customer service. A far cry from the automated responses we've grown to expect, their assistance comes across as genuine and personalized. The service team at XTB goes an extra mile to ensure you feel valued and cared for, enriching your overall trading experience.In wrapping up this review, XTB is a good broker that stands out with its prompt execution, sturdy platform, decent spreads, and exceptional customer service. It's worth a shot for everyone who seeks a reliable trading environment, coupled with a personal touch. Undoubtedly, XTB has marked its place among my most preferred online forex brokers. It is a platform worth considering for those, looking for a reliable broker with excellent service. So, do not let the naysayers dissuade you! Dive in and experience their service at first hand to understand why I highly recommend trading with XTB.
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