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XStation 5 mobile app allows you to manage Forex and CFD accounts from your mobile devices. XTB’s mobile trading platform facilitates complete account management, view charts, and other analytical tools. One-step login and fingerprint authentication are supported. XTB offers you mobile applications on Android and iOS for both xStation 5 and MetaTrader 4. The Mobile App UI is designed in a modern way with user-friendly features.
You can find all the information regarding our offer on our website, under Trading Services, so you can evaluate our general terms and conditions before you choose to trade with us. Moreover, if you ever have any further questions about our processes, our customer support team, available via email, phone and online chat, is always more than happy to answer them. Furthermore, every customer gets a good service via support. For every trader, there are webinars and even 1 to 1 training. Another service is the learning materials and training center of the broker. Especially beginners will help enormously with this knowledge, but even experienced traders can benefit.
Beginners to trading will appreciate that the xStation 5 platform is both user friendly and feature rich. Due to regulations, XTB is not permitted to offer a bonus. They do, however, offer attractive loyalty programs for active traders. lexatrade scam Sign up for an XTB account today to enjoy a great trading experience with an experienced, first-rate broker. Our review team is made up of traders of all different levels, and each found that XTB offered useful materials for them.
Is This Broker Good For Beginners?
In general, a lot of Europe-based traders will find it a pleasure trading on such a broker that has up to a 100,000 EUR monthly trade volume. You can withdraw funds from your account at any time by selecting the trading account from which you want to get funds.
It has fast execution speeds, advanced chart trading, technical analysis, market sentiment, trader statistics, equity screener, trader’s talk, etc. It features complete trade management and every tool needed by all levels of traders. It is downloadable as a desktop app that runs on the windows and MAC operating systems. XTB stands apart in that it has a very well rounded offering. This comprises low trading costs, a broad range of trading instruments, solid customer service, competitive spreads and a powerful proprietary trading platform. Risk Warning – Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. Between 74-89% of retail investor accounts lose money when trading CFDs.
We mentioned above that our XTB review is focussing principally on cryptocurrencies, however their other trading possibilities are not worth ignoring, and certainly deserve a mention here. Traders on XTB have the choice of over 1500 global stock CFDs including giants such as Facebook and Apple. There are also over 80 Exchange Traded Funds to be selected, with commission starting as low as 0.08%. When it comes to global currencies, XTB has over 48 currency pairs on offer. All of XTB’s trading services can be traded 25 hours a day, 5 days a week from 3am on Monday morning until 5pm on Friday.
Is Xtb An Ecn Broker?
There are certain withdrawal fees levied on the amounts smaller than threshold. Deposits and withdrawals with an XTB account are quick and easy. The users can deposit the funds in several ways covering bank transfers, credit cards, and e-Wallets. The charting tools available on the platform are highly specific to the asset classes you trade on.
The trading terminals have all you need but no real advanced functions. The new Xtrader 5 platform also has a squawk attached lexatrade broker reviews to it for real-time news which is a big help, so if you rely on technicals or fundamentals this could be the broker for you.
Best Forex Trading Strategies
Since the company offers MetaTrader 4 trading, it is also a good fit for forex programmers and high-frequency traders. Pro Account -the Pro account type has a minimum spread is 0.28 and the minimum order is 0.1 lots. Commissions on forex, indices and commodities start from $4 per lot. For equity CFDs and ETFs, the commission also starts from 0.08% per lot. The XTB platform is designed to suit all types of traders. The custom platform offers the most features in an intuitive manner while MT4 is also available for traders who prefer the more standard platform.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It offers a wide and great selection of instruments, offers educational tools, and has prompt customer service. In comparison to others, its stock Index CFD and forex fees are low. It was founded with an aim to facilitate investors in almost every financial instrument trading.
E-Wallet payments made using PayPal or Skrill are processed the same day, however, they attract a transaction charge of 2%. Bank transfers may take up to 3 days to show up in your account. At the time of signing up, traders need to fund the account with a minimum £/ $/€ 250 while signing up. Similar to most transactions, there are no charges for withdrawal as well.
- It offers a complex interface with advanced trading tools that is suited to any experienced trader; in tandem it offers a platform that is easy-to-use and somewhat beginner friendly.
- The information and videos are not an investment recommendation and serve to clarify the market mechanisms.
- We mentioned above that our XTB review is focussing principally on cryptocurrencies, however their other trading possibilities are not worth ignoring, and certainly deserve a mention here.
- And registered with the Financial Conduct Authority (FCA #522157) as well as the Polish Financial Supervision Authority .
XTB Online Trading offers potential clients many of the tools that are needed to be successful in the online trading arena. What it does better than anyone else is offering clients the lowest forex spread cost in the industry. The costs (spread + commissions) for the other product offerings are more in line with the industry. XStation 5, while limited, is intuitive and functional, and certain lexatrade courses scam features, such as the instrument scanner and heat map, heighten its appeal to any type of trader. The second available trading platform by XTB, MetaTrader 4 is one of the most popular trading platforms for traders and investors. Although XTB offers a broad range of financial products, the broker does not allow traders to control your leverage unlike other forex brokers in the industry.
The platform features 22 commodities ranging from precious metals to other essential commodities . XTB accepts a host of different payment methods and some may incur additional charge whereas some are free. In bank transfer, the pound, euro and dollar are the accepted modes of payment and they incur no fee. This is the same while using credit cards from Visa MasterCard and Maestro. Scalping is allowed, but scalpers must determine if the spreads are tight enough to make scalping profitable. Yes, it is, and as a market maker, it profits directly from client losses where it acts as the counter-party.
Is There Negative Balance Protection On Xtb?
For example, you can invest in several different types of indices. They allow you to invest in standard exchange indices and sector indices, for starters. In addition to this, you can also invest in portfolios and indices that are curated by industry professionals. XTB stands for X Trader Brokers, is an online retail forex broker. XTB offers to trade following assets on MetaTrader 4 and xStation 5.
This is important for you because the investor protection amount and the identity of the regulator differ from entity to entity. Technical indicators, which is about average when compared to other brokers. You can only find limited fundamental data, such as the P/E ratio or the debt-to-equity ratio.
CFDs and trading the underlying asset are both options for trading cryptocurrency. Note that no cryptocurrency CFDs are accessible via any UK entity of XTB, nor are they available to UK residents. On the other hand, stock CFDs can only be traded using spreads. Trading CFDs will also allow you to use leverage, and the amount of leverage will depend on the market and the collateral you choose to trade. XTB is a multi-asset platform that allows you to trade with various instruments. We will discuss in detail below the various asset classes you can trade on XTB and each type’s general and specific features.
