This is an online broker, that was created in 2002 in Poland. This fx broker can trade on the Warsaw stock market. The headquarter of the company is in London. There are representation offices in the other eleven countries. XTB allows you to trade on Forex, raw materials, stocks, indices, cryptocurrency pairs, and ETF. X-TradeBrokers has international awards.
Opening an account with XTB
The process of registration is standard. For some, it can seem a bit difficult but it is only for the first sight. You can open an account with the help of a special online – form, which appears after pushing the button “Create Account”. First, the trader has to fill in the form his data and then to chose the intended account, the platform, and currency user has to answer a range of questions in the process of registration. This data gives the possibility to the system to estimate his financial condition. Also, it is necessary to give the ID card. And the last point before trading is the depositing of account.
Trading Terminal XTB
XTB offers its clients two platforms:
1. xStation 5;
2. MetaTrader 4.
xStation 5 is a personal platform of the resource, it has an award “The best trading platform” in 2016 from OnlinePersonalWealthAwards. The terminal has easy-to-use order execution, a trading calculator, and also it has the latest tools for technical analysis. xStation 5 is available for desktop, tablet, browser, mobile phone, and smartwatch. A layout platform allows you to switch between charts easily.
Transactions are quickly opened and closed with just one click. xStation 5 provides a large collection of analytical tools and elements of marketing research. Here a trader can find a tab with statistics of trade efficiency. Customers have the opportunity to create a view of monitoring the exchange on their own, which will greatly facilitate access to the necessary assets.
The lower panel of the trading terminal allows running transactions easily. The trader can open and close transactions, place pending orders, keep an eye out the orders, trading activities and financial operations.
Order execution on the platform takes 85 milliseconds.
MetaTrader 4 is the biggest retail trading platform in the world. There are a lot of trading indicators and analytics tools on the platform, which improves the trading strategies of the trader. Programmers can create here personal indicators or a forex robot that will trade automatically. MetaTrader 4 gives you the possibility to test a trading strategy for its further optimization. This terminal is available for the desktop, browser, tablet and mobile phone.
The teaching materials XTB are at the top level. The xStation 5 platform provides users with such materials: trader statistics, a trading calculator, the latest market news, market sentiment, market analysis, the best market movement, the economic calendar.
Moreover, X-TradeBrokers has its own “trading academy”. This is an educational complex, which includes several levels:
There is an own library at the Academy, which will become an irreplaceable assistant for a new trader. Also, the Academy often conducts all kinds of the webinar.
XTB provides new traders with a demo account.
XTB Service desk
XTB customers can get help with chat, via email, and on the telephone. The support service works twenty-four-hour five days a week. Employees bide to the strict key indexes of productivity, which increases customer satisfaction. A team of XTB specialists can help a trader with such issues: opening an account, withdrawing and depositing funds, a benefit system, software functionality.
XTB is strictly regulated by world financial organizations. This forex broker provides compensation for financial services. This organization can reimburse the trader up to £ 50,000 in the case of XTB monitory defaults. The broker also holds specialized regulatory licenses CySec and Belize Fscs.
Compare leading online brokers on the market