XTB Review

XTB is one of the largest global stock exchanges. The company has experience in forex, foreign exchange, trading, and brokerage. With XTB, users have hundreds of global markets at their disposal instantly.

Pros & Cons

If you ever wonder if there was a global exchange that had extremely low fees and commodities for new users? XTB might be your charm.

XTB does business in more than ten countries, including great European powerhouses like the United Kingdom, France, and Germany. 

In this XTB review we’ll look at why it’s one of the most popular exchanges, it’s benefits and features.  XTB is an excellent tool for those with new or beginning interests in investments and trading.

It is also a solid trading platform and device for engaged traders and those interested in the foreign exchange market, forex.

About XTB Online Trading

XTB online trading, formally X-Trade Brokers, began in 2002. Headquartered in Poland, XTB rebranded several times between 2002 and 2016 until finally becoming a publicly-traded company XTB. 

XTB provides its users access to FOREX, forms of cryptocurrency, shares, and more as a global trading platform.  XTB is available in more than thirteen countries.

Poland, the United Kingdom, France, Germany, the United Arab Emirates, and Chile are among those countries. However, despite being a global institution, XTB is not offered in:

• The United States
• Afghanistan
• Albania
• Australia
• Bangladesh
• Belgium
• Belize
• Bosnia
• Cuba
• Ethiopia
• Guyana
• Hong Kong
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Kenya
• Laos
• Libya
• Macao
• Mauritius
• Mozambique
• New Zealand
• North Korea
• Pakistan
• Palestine
• Panama
• Republic of the Congo
• Singapore
• South Korea
• Syria
• Turkey
• Uganda
• Vanuatu
• Venezuela
• Yemen
• Zimbabwe

XTB is regulated in the United Kingdom by the Financial Conduct Authority and in Poland by the Polish Financial Supervision Authority. 

XTB offers users two subscription options, standard, and pro.

XTB Products

XTB has six main products, Forex, indices, shares, cryptocurrencies, ETFs, and commodities. 

Forex

Forex or foreign exchange is a marketplace where one can trade and invest national currencies, excluding the U.S. dollar. By definition, forex is used for trading national currencies against one another.

The process is known as currency pairing.  Forex trades are measured by global speculation to initiate lower risk for diversified investment portfolios.

Exchanges that allow for forex trading exchange are referred to as FX platforms. XTB is a FX platform.  XTB offers FOREX traders round-the-clock access to trades five days a week through forex trading brokers.

There are a minimum of 48 currency pairs and low spreads, the difference between the bid and asking price of the trade. XTB forex is known for:

• No minimum deposits
• Rapid deposits
• Fast withdrawals
• Micro Lot trading 
  • No limit or restriction on trading. Trades can be as large or small as the trader wishes.

Indices

Indices are the plural form of a stock market index. A stock market index is how well or poorly a group of shares performs. Ultimately, the price of the stock increases or decreases based on the share's performance. 

XTB indices offer:

• Access to more the twenty global indices 
  • United Kingdom
  • United States
  • China
  • Germany
• A variety of competitive spreads
• Rollovers
• Trading apps for iOS and Android
• And more

Stocks and Shares

One of XTB’s main products is stocks and shares as an exchange market. XTB offers:

• Zero percent commission on trades under a standard account
• Access to numerous CFD’s 
  • A CFD is a contract for differences. This represents the amount left over between the buyer's bid and the seller's price. 
• And more

Cryptocurrencies

Cryptocurrency is sweeping trading and investments. XTB offers a platform not only for traditional trades but also for the cryptocurrency world. XTB provides:

• Over ten well-known cryptocurrencies 
  • Bitcoin
  • Dogecoin
  • Ethereum
  • And more
• Access to a 24/7 market
• Low costs, fees, and spreads
• Safety in regulation and cybersecurity
• Speedy deposit and withdrawals

ETFs

ETFs or exchange-traded funds are a group of investments that can be sold in one unit like a singular trade. XTB provides the following for ETFs:

• Zero percent commissions on standard accounts 
• Access to diverse portfolio options
• Balance protection 
• And more

Commodities

Commodities are precisely what their name suggests. Natural resources like energy, precious metals, etc., are considered commodities.

The trading and investing of these commodities or companies that work with these commodities are considered financial or investment commodities. 

The last of the XTB products are commodities. XTB commodities offer:

• Low and competitive spreads
• Rollovers
• 24/7 market and exchange access
• And more

XTB Commissions & Fees

XTB offers low spreads and no or low commission fees.  Under a standard XTB account, users are not charged any basic fees. However, there are some fees associated with stock trades.

Pro account users are charged a commission. The commissions are processed for every trade made.  For Pro accounts, there is no standard fee or commission surcharge.

Commissions are based not only on the trade but also on location. Since XTB is global, different countries and regions are subject to other processes. There are additional commission fees for:

• The United Kingdom (30:1 Leverage)
• Countries outside the European Union or the United Kingdom (500:1 Leverage)
• $10 inactivity fee (365 days without any trade)

Who is XTB Best For?

XTB takes pride in its ability to be a valuable platform for new and beginning traders to active and advanced traders and Forex enthusiasts. 

XTB engages those seeking minimal costs and sound trading options as a platform.  XTB is known for lowering spreads or bid costs and commission fees and removing unwanted costs such as wire fees. 

If any of the previously mentioned sounds like something you might be interested in, don’t hesitate to get XTB for your personal stock exchange platform.

Compare to Other Brokers

XTB FAQ’s

Financial and cyber trading and investment platforms have emerged over the past few years. With the rise and interest in trading, there are some concerns. 

XTB is a global company with a wide product offering in trading and investments. But, what are the answers to some frequently asked questions regarding the safety and security of XTB as a platform?

Should You Use XTB Online Trading Platform?

XTB is one of the top-performing exchange markets in the world. A XTB review reveals that the company offers many products and services, including forex, commodities, ETFs, and more. 

Trading and investments can be hard to understand. XTB provides a simple platform with ease of access and user-friendly mobility for new and advanced users. 

XTB is a leader in trading and investments because of its low costs and fees, global capacity, and many features. The company provides a legitimate space for traders and investors.

XTB is highly regulated and safe to use. Visit their website.