XTB Review: A Deep Dive into the Leading Forex Broker Broker Judge

XTB Review: A Deep Dive into the Leading Forex Broker Broker Judge

The order types available on the xStation mobile trading platform are Market order, Take-profit, Stop-loss, Trailing stop orders. With superior execution on a reliable, award-winning platform, XTB are one of the largest stock exchange-listed CFD brokers in the world – dedicated to helping you at every stage of your trading journey. All content on this site is for informational purposes only and does not constitute financial advice.

What is an XTB Deposit Fee?

While most withdrawals are free of charge, small sums may incur a fee. Navigating financial transactions with XTB is marked by its simplicity and user-centric focus. An inactivity fee is levied following 12 months of non-trading activity, encouraging active engagement.

How We Chose the Best Brokers for Forex Trading

You will be exposed to a high risk of loss regarding leverage and margin-based trading. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with XTB involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. It offers comprehensive educational resources, including both beginner and advanced education videos.

I’ve been involved in personal finance and property journalism for the past 20 years, editing websites and writing for national newspapers. My objective has always been to offer no-nonsense information to readers that either saves or earns them cash. This is a beneficial feature for investors looking for a disciplined, long-term approach to building a well-diversified portfolio. It is possible to manage up to 10 accumulation plans simultaneously, and the user can establish the percentage of the plan amount that must be invested in each ETF.

Is XTB an ECN broker?

All options are limited to the country where your account is registered. XTB has also distinguished itself by introducing up to 5.2% interest on uninvested cash balances, providing an opportunity to earn while assessing potential market opportunities. This interest is automatic, and the rate depends on the deposit size and currency. In the UK, traders’ funds are protected up to £85,000 through the Financial Services Compensation Scheme (FSCS), in case of insolvency. In Europe, traders’ funds are protected up to €20,000 through the Cyprus Investor Compensation Fund (ICF).

• This will be a significant drawback for some advanced day traders, who may prefer popular third-party solutions like MetaTrader 4, MetaTrader 5 or TradingView.
• XTB’s research focuses on actionable and tradeable ideas and strategies.
• This is equal to 0.01 standard lots or a cash value of $1000 if you are trading without leverage.
• Retail investor money is held in segregated client accounts in line with the broker’s regulatory obligations.
• As for costs, XTB savings plans are commission-free up to a monthly turnover of £85,000.
• With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

While it might not cater to the most specialized of trading needs, its broad appeal is undeniable for a majority of market participants. ‍For EU clients, XTB provides negative balance protection on Forex and CFD trading, ensuring that losses cannot exceed the deposited amount. XTB has received numerous awards for its services, including recognition as one of the best CFD and Forex brokers by several external entities.

Are there any fees for deposits and withdrawals?

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities. Stocks, currency and other commodities and instruments will be brought or sold by XTB even if no buyer or seller is lined up. Withdrawing money from XTB processing time varies depending on the method but averages 1-5 days. After extensive research over several years, we have compiled a list of the most effective XTB alternatives available today.

• XTB Africa (Pty) Limited is regulated by the Financial Sector Conduct Authority (FSCA), the regulator of the South African financial markets.
• Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store.
• The training content covers a wide range of topics, including trading platform tutorials, market introductions, analysis, risk management, trading psychology, and more.
• Charting on XTB includes the ability to place and edit orders directly on the chart.
• All content on this site is for informational purposes only and does not constitute financial advice.
• Live webinars with XTB analysts are available via trading platforms and social media in 11 languages.

This is their liquidity provider and trades are executed automatically without any manual intervention from any dealing desk. This means that you should not see any conflict of interest with your trades that unfortunately can happen if you were using a market maker broker who would take the opposite side of your position. XTB appears to only offer a standard account, but offerings are different for U.K. Residents, Middle East and North Africa residents, and customers not from any of these areas. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.

The app is intuitive and puts the online trading world at your fingertips. The slick design means you can easily monitor positions, execute trades, and access real-time data on the move. XTB’s proprietary trading platform, xStation 5, is one of my favourites of the countless platforms I’ve used and stands out for its impressive features and user-friendly interface that I love. Instrument-specific insights deliver granular perspectives, helping traders dissect the nuances of each asset. In a stroke of genius, XTB further underscores its commitment to transparency by offering a comparative analysis of users’ trading behaviors. The XTB mobile trading app is available on both Android and iOS, offering a potent combination of convenience and functionality.

Limiting Your Risk When Trading with XTB Negative Balance Protection

The materials xtb review are crafted by XTB’s team of financial market professionals and analysts, ensuring high-quality, actionable insights. Plus, they’re accessible in over 12 languages, which is a great advantage for traders around the globe. Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature.