XTB Review

Regulated by: IFSC, FCA

Headquarters: UK

Ranking: 26

Spread: 0.35 pips (EURUSD)

Leverage: 200:1

Minimum Deposit: $250

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XTB Review & Author's Comment

X Trade Brokers ( XTB ) is one of the leading forex brokers in Europe and regulated by FCA. Being founded in 2002, XTB is among the oldest forex brokers not only in Europe but in the entire world. The firm is present in over 15 countries and it is a very notable forex brand in the industry.  Needless to say, XTB is a very reliable forex broker however stuck with the setbacks of being over institutionalized.  It is one of those brokers who are not very willing to offer tailor-made solutions for the clients, especially in terms of account options. If you are residing outside UK and Ireland, you have no other choice but one account type. On the bright side, negative account protection and wide range of instruments available are other pros for XTB in addition to firm awareness and reliability.

Broker Detail
Adress: Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom
Phone: +44 2036953086
Web:

http://www.xtb.com
E-Mail: [email protected]
Regulator: FCA (reference number 522157), IFSC (license no IFSC/60/413/TS/17)
Year Founded: 2002
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Dash, Ripple, Litecoin, Ethereum
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Credit Card, PayPal, Skrill, Neteller
Withdrawal Methods: Wire Transfer, Credit Card, PayPal, Skrill, Neteller
Customer Services
Live Chat:
24 Hours Support:
Languages: Chinese, English, Spanish
Platforms
Supported Platforms: MetaTrader 4, xStation 5
Webtrader:
Mobile: IOS, Android
Trading
Leverage: 200:1
Spreads: As low as 0.35 pips for EURUSD on Standard account
Minimum Deposit: $250
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:

XTB Review

XTB Review
  • 8.3/10
    Reliability - 8.3/10
  • 8.2/10
    Deposit & Withdrawal - 8.2/10
  • 5/10
    Bonus - 5/10
  • 7.3/10
    Customer Support - 7.3/10
  • 8.6/10
    Overall Trading Conditions - 8.6/10
7.5/10

Summary

Reliable. Presence in many regions. Very notable forex broker in the industry. Limited account types, no trading bonus or promotions.

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1 Comment

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I have been in trading business for almost 30 years and the latest 15 years of this period has been devoted to foreign exchange trading. After the boom of forex brokers offering lucrative features like leverage, 24/5 trading hours and wide diversity in pair instruments, I have tried and traded with more than thirty forex brokers in several different countries.

Risk Warning:

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

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