In terms of pricing, trading fees are generally in line with the industry average, with competitive spreads on forex pairs and low account-related costs. The XTB mobile app mirrors the desktop experience, offering a streamlined, user-friendly interface for managing positions and monitoring markets on the go. Clients can trade over 10,000 instruments, including exchange-traded stocks, ETFs, and CFDs on forex, indices, commodities, shares, and more. Get the most out of global markets by having access to instruments including stocks, ETFs and CFDs. The regulator found that between 2013 and 2020, the company had promoted CFDs to non-professional clients in France and published misleading advertisements, without sufficiently warning about the high risks involved. On 21 November 2005, the company received its brokerage license from the Polish Financial Supervision Authority (KNF), enabling it to offer services for all financial instruments.
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- On 30 August 2013, Romanian broker Vlad Moise used the XTB online platform to execute a trade on Mont Blanc.
- This layout allows for efficient monitoring and management of active trades, ensuring that traders can quickly assess their current market exposure and make adjustments as needed.
- XTB imposes an inactivity fee of €10 per month if your account remains inactive for 12 months and no deposit has been made within the preceding 90 days.
- Trade more conveniently with easy to use trading app
- A broad range of articles is complemented by video courses from industry experts, while platform tutorials help traders maximize the potential of the xStation 5 platform.
- I tested agents with various questions, from straightforward to complex/technical, and had a good experience overall.
Omar is an experienced industry expert, who has significantly contributed to XTB Group’s development. We offer access to stocks and ETFs listed on exchanges worldwide, with the option to invest tax-free through a Flexible ISA We enable our clients to actively trade thousands of CFDs on currencies, indices, commodities, stocks and ETFs Our mission is to offer solutions that enable our clients’ money to work for them in a variety of ways. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. He also traded at a couple of different prop trading firms in Chicago.
Platform and Tools
The content is beneficial for beginners and provides valuable insights even for seasoned traders. It covers breaking news, in-depth market analysis, and specific trade ideas. XTB’s seasoned research team provides news and analysis via the website and the xStation platform.
What CFDs Can You Trade with XTB?
In May 2023, XTB faced regulatory scrutiny in Brazil when the Comissão de Valores Mobiliários (CVM), Brazil’s financial regulator, issued a stop order against XTB International Limited. On at least one occasion, XTB reportedly did not inform its French clients about a technical problem that interfered with proper order execution. In 2017, after reviewing KNF materials on XTB’s operations between January 2014 and May 2016, Kramarczyk launched a media campaign criticizing the company. While XTB’s support attributed these issues to his devices or internet connection, Kramarczyk reported that the system functioned properly under a different account. Between 2013 and 2016, Kramarczyk was among XTB’s most active clients, occasionally generating about 5% of the firm’s total retail turnover. Over five years, the investigative file expanded to 370 volumes, and more than 6,000 clients were questioned and granted victim status.
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- In January 2024, the company announced plans to diversify its product line beyond FX/CFD services to include bonds, retirement products, and other investment offerings.
- However, a notable limitation is the absence of trailing stop-loss orders, which would otherwise enable dynamic risk management by adjusting stop levels as prices move favorably.
- During that period, it faced a damaging scandal involving a large KNF fine and allegations of fund misappropriation, which led to a dramatic two-thirds drop in share price within two hours.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. XTB could further enhance its offerings by incorporating algorithmic and copy trading capabilities and providing tighter spreads. The educational and research resources at XTB are strong, and I rate the courses offered by industry experts within the xStation 5 platform as particularly noteworthy.
XTB Restricted Countries
Scalpers, who enter and exit the market within seconds, can benefit from XTB’s instant order execution, allowing them to capitalize on fleeting opportunities. XTB makes it easy for casual traders to get started with a $0 minimum deposit. When reviewing a broker, we assess its suitability for implementing various trading strategies. XTB, founded in Poland in 2004, has grown into a major player in the forex and CFD space. Manage your funds directly on our platform with free and instant deposit options.
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Additionally, the demo account and availability of micro-lot trading enable new traders to dip their toes in the markets and gain valuable experience with limited risk. XTB provides products, services, and technology solutions for trading various financial instruments, primarily on the foreign exchange (forex) market and through contract for differences (CFD). The alert feature in xStation 5 is a powerful tool for tracking key price levels across multiple instruments, allowing traders to monitor several markets simultaneously. Both the xStation 5 platform and XTB mobile app offer one-click trading and trading directly from charts, crucial features for day traders who need to be agile and quickly enter and exit the market.
What is CFD Leverage?
The platform supports grid-view layouts, enabling traders to track multiple markets at once. For risk management, xStation 5 supports direct hedging, permitting simultaneous long and short positions in the same instrument to navigate volatile markets. The xStation 5 platform also features depth-of-market (DOM) data, which displays the volume of orders at each price level.
The xStation 5 platform delivers advanced charting versatility with a comprehensive toolkit for technical analysis. While lacking automation capabilities, its user-friendly interface and powerful analytical resources make xStation 5 an excellent choice for most traders. XTB imposes an inactivity fee of €10 per month if your account remains inactive for 12 months and no deposit has been made within the preceding 90 days. Swap fees in forex were in line with industry standards during my test, whereas swaps for gold were relatively high. In forex, a full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair), or 100 ounces in the case of gold.
Moreover, the range of 10,000+ tradable instruments is impressive, spanning a broad spectrum of asset classes. A standout benefit of xStation 5 is the ability to trade both CFDs and real (exchange-traded) stocks and ETFs. The platform is versatile and supports a wide range of strategies, from scalping to long-term investing.
Maintaining an account at XTB is free, provided that at least one purchase or sale transaction has been made within 365 days. Opening an account at XTB is completely free of charge. Stay up to date with our daily overview of the market insights brought to you by XTB research team Trade more conveniently with easy to use trading app
Open positions automatically when the instrument reaches the price you set, without having to constantly watch charts. Determine acceptable levels of possible loss and close positions automatically when a defined price is triggered. Our platform is available on desktop and mobile (iOS and Android). You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The regulator ordered XTB to immediately cease all unauthorized solicitation and warned of imposing daily fines if the company failed to comply. According to the CVM, XTB was actively marketing and offering brokerage services to Brazilian investors without holding the necessary regulatory license required under Brazilian law.
Traders can generate ideas using scanners and heatmaps and stay on top of economic events directly within the xStation 5 platform. XTB stands out in the research category, delivering high-quality news and analysis from its in-house team, supported by a robust set of tools. The ISA is a separate account, connected to the main standard account. UK XTB clients can open a tax-free Individual Savings Account (ISA).
In xStation 5, the depth of market (DOM) feature—a detailed order book visualization for specific instruments—shows buy and sell orders at different price levels. However, a notable limitation is the absence of trailing stop-loss orders, which would otherwise enable dynamic risk management by adjusting stop levels as prices move favorably. The xStation 5 platform provides a core selection of order types—market, limit, and stop-loss—with customizable parameters for strategic trading.
An important bonus is that XTB assigns its clients a dedicated account manager, offering a personalized level of service tailored to meet individual needs and enhance their trading experience. Additionally, traders can access US and European exchange-traded stocks and ETFs, enabling diverse investment xtb.com reviews opportunities across global markets. Key features like 1-click execution and chart-integrated trading—allowing direct order placement from price charts—ensure responsiveness to market movements. I was impressed that the platform features advanced tools like depth-of-market (DOM) and sentiment data.