XTB is a multi-asset brokerage firm and is regulated by several regulatory bodies across the globe. XTB is known as a competitive, holistic, brokerage service provider. Its patented xStation platform suite, along with its excellent customer care accounts for positive trading experience for traders using XTB.
This writing serves as a review to bust any claim about XTB broker scam or XTB broker fraud you may find anywhere along with the XTB broker customer reviews.
Founded in 2002, XTB is regulated by multiple regulating authorities worldwide. Its first station was established in Poland back then. Since then, XTB has established itself as one of the leading brokers offering forex, crypto, and CFDs. In 2019, XTB reached more than 230,000 clients worldwide. Back in 2016, XTB was listed on the Warsaw Stock Exchange with its successful public offering of wide trading services and expanded the companies’ worth at over $350 million.
Regulatory Status and Security
XTB is one of the few multi-asset brokers which are also regulated by multiple authorities in various countries across several continents, a concrete proof that debunks any XTB broker cheat or XTB broker lie about its regulatory status.
Primarily, XTB is recognized by the International Financial Service Commission (IFSC). The Financial Conduct Authority (FCA) in the U.K. also authorized XTB Ltd as a brokerage firm.
XTB offers an array of tradable assets as its primary trading arsenal. It enables traders to choose from its deep CFD pool consisting of 1703 stocks as well as 103 ETFs. Its cryptocurrency offering has 25 crypto pairs to trade while its forex service has 49 currency pairs. XTB also offers 42 indices and 2100 cash equities. Access the XTB broker official site to know more about its trade offerings.
Trading Conditions and Trading Accounts
In terms of account types offerings, XTB has the following options for its users:
Standard Account – This account type provides traders access to more than 1,500 trading instruments in their different trading assets. The leverage for this account can be up to 1:200 with a minimum order of 0.1. Both the MT4 platform and the xStation platform are available using this account type.
Pro Account – the features and conditions in this account type are almost similar to the Standard Account save for the spread, which is at 0.28. The same trading platforms are available in the Pro Account.
XTB is also offering an Islamic Account for Muslim clients, which has similar features with that of the Standard account except that it is swap-free and excludes crypto trading. Moreover, the XTB broker demo account enables first-time users to explore the XTB trading platforms and test-trade for free.
Trading Platforms and other Services
The above illustration is a preview to the trading platform upon making an XTB broker login.
The XTB broker site review is not completed without a mention of its top-tier customer service and is the most remarkable about XTB.
All in all, XTB is a competent broker, and its customer service and xStation platform make XTB part of the standout brokers we have today.