XTB broker review
On this page, we review the XTB broker. The xtb broker is one of the oldest brokers whose services traders can use. To get more information about this broker, stay with us.
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Broker name | XTB |
Established year | 2002 |
Spread rate | average |
Central office | England |
Regulation | CNMV, FCA & CYSEC |
Minimum deposit | 1$ |
The easiest way to deposit and withdraw | bank transfer |
- XTB Broker Review Summary Table
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
What you will read on the XTB broker page:
- XTB broker review video
- What is XTB?
- xtb broker credit
- Where is the head office of xtb Broker?
- xtb broker history
- Table of introduction and comparison of account types in xtb broker
- The amount of spread in the xtb broker
- Islamic account in xtb broker
- Deposit and withdrawal in xtb broker
- xtb broker bonuses
- Necessary documents for identity verification
- xtb broker trading platforms
- xtb copy trading broker
- Advantages and disadvantages of xtb broker
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What is XTB?
Xtb is the name of one of the active brokers in the forex market, which has been able to attract the trust of more than 495,000 customers around the world by providing quality services to people. This broker has more than 13 offices in different countries, such as England, Poland, Germany, France, and Chile.
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XTB broker credit
Since the xtb broker has more than 20 years of experience in providing services to traders and is also under the supervision of numerous regulatory organizations, you, as a trader, can trust it with more confidence than other unregulated and newly established brokers.
xtb broker rules
xtb broker has CNMV, FCA, and CYSEC regulations.
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Where is the head office of xtb broker?
The headquarters of xtb broker is located in England.
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How many years of experience does xtb broker have?
xtb broker started its professional activity in 2002, and you can find more detailed information about the progress of this broker on xtb’s main website in all its working years.
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Table of introduction and comparison of account types in xtb broker
Profile / account name | Standard |
---|---|
Minimum deposit for opening | unlimited |
Spreads | Starting from 0.35 pips |
Commission | starting from 0 |
Maximum leverage | 1:30 |
Ability to trade currency pairs | Yes |
Ability to trade stocks and indices | Yes |
Possibility of digital currency trading | Yes |
Scalp permission | Yes |
Permission to use Expert | No |
According to what you can see in the table above, the xtb broker offers only one trading account to its users for trading, and this shows that the xtb broker has performed quite poorly in terms of the variety of trading accounts despite its great history and experience. You can stay with us for more information about this account.
Opening a standard account
One of the notable advantages of an xtb broker is that this broker has not specified any amount as a minimum deposit to open an account for traders. This means users can open an account in this broker depending on their financial ability and taste. The spread of this account starts from 0.35, and its commission starts from 0; the maximum leverage that can be used in this account is 1:30.
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xtb broker spread
xtb broker has only one trading account where the spread starts from 0.35 pips.
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xtb broker Islamic account
Fortunately, the ability to use an Islamic account is active in xtb broker, which you can take advantage of.
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How much deposit can you open a real account in xtb broker?
Traders can open an account in xtb broker with any amount of capital they want and start trading.
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Deposit and withdrawal in xtb broker
Various deposit and withdrawal methods in xtb broker include the use of bank transfer, E-wallet, and credit card methods that traders can use.
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bonuses
xtb broker offers a first deposit bonus to users, which, if you are planning to work as a new trader in this broker, you can use this bonus; of course, since bonuses are not fixed in a broker, it is better to get more information in Refer to the main website of broker xtb for the connection with this bonus and the conditions for receiving it.
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What documents are required to verify identity in xtb broker?
For authentication to open an account in xtb broker, documents such as a passport or certificate or any such identification documents are sufficient to confirm a person’s identity, and documents such as water and electricity bills or even bank statements confirm the address of the applicant.
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Tradable assets and trading in xtb broker
Tradable and trading assets in the xtb broker’s standard account include currency pairs in the forex market, digital currencies, commodity goods, etc. Also, in the Islamic account of this broker, you can trade currency pairs, commodity goods, indices, stocks, etc.
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xtb broker trading platforms
Broker xtb’s trading platforms include Metatrader 4 and xstation trading platforms, which you can download through the following links.
MetaTrader 5
MetaTrader 4
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xtb broker Copy trading account
Some people may think that earning dollars from the financial markets is possible only by having expertise and passing training courses. Even some people have lost their capital by handing over their capital and misplaced and clumsy trusts. Still, the copy trading system can be one. It is one of the methods that you can use to earn dollars without having skills and knowledge in the financial market and in a completely safe way. Of course, unfortunately, the copy trade system is not supported by xtb broker. Still, if you intend to use this system seriously, you can contact us through the website’s communication channels and read the article on our website about copy trade.
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xtb broker scam
During more than 20 years of operation of xtb broker, there has never been any news or report of this broker’s violation or bad history among users in the forex market. Our team’s research has not found any such reports, but we are obliged to. We will notify you of any news of this kind in the future and in connection with this broker or other brokers.
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Advantages of xtb broker
- having a rule
- Having more than twenty years of professional experience
- Providing very fast and strong support
- Having an online chat
- The possibility of doing transactions without commission
- Having an efficient website
Disadvantages of xtb broker
- Lack of diversification of trading accounts
- Lack of support for the copy trade system
- The impossibility of using the expert