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Discover the best forex trading tools you’ll need to make the best possible trades, including calculators, converters, feeds and more. If you wish to fund your account via wire transfer, please contact your account manager or access our live chat to receive the appropriate banking details. Available for desktop and mobile web for a full trading experience. The brokers can trade around 25 cryptocurrencies along with trading CFDs on the XTB platform.
There was also a question testing basic knowledge of trading. The KYC questionnaire aims to ensure that brokers understand the risk tolerance, investment knowledge, and financial position of prospective clients. XTB stands apart in that it has a very well rounded offering. This comprises low trading costs, a broad range of trading instruments, solid customer service, competitive spreads and a powerful proprietary trading platform. Polish CFD broker XTB provides access to a variety of markets including forex, shares, indices, commodities and cryptocurrencies. This broker has been widely recognized for the quality of its platform and services.
Whos Xtb For?
The broker also runs satellite offices to support licensed operations in several regions. This is the company’s flagship offering and provides an updated look and feel, one-click trading, and full integration across desktop and mobile platforms that should serve traders well. Entering trades, building watchlists and modifying charts all seem simple and intuitive. FAQs and educational resources can also be launched from within the trading application. Traders receive notifications directly on the platform or mobile application.
XTB offers fast and reliable customer service over phone, email and live chat. Just like a trading platform, customer service is also available in multiple languages. In our XTB review, we found fast responses and useful answers. For users outside Europe, customer service is available 24/7. However, it is only available 24/5 for European clients.
We do not present any investment advice or guarantees for the accuracy and reliability of the information. Opinions lexatrade scammers expressed here are solely the author’s and have not been reviewed, approved or otherwise endorsed by reviewers.
Islamic accounts are only available outside Europe and corporate accounts have a minimum deposit of 15,000 GBP. We tested customer support with a range of questions from easy to difficult and had a good experience overall. European clients of XTB have access to 24/5 support, while international clients are able to reach support 24/7. This feature allows traders to execute orders with a single click and no secondary confirmation. Being able to place a trade with a single click saves time and is especially useful for short term traders. The xStation 5 platform has a clean look and feel and is easy to navigate. The layout is customizable, with a number of different options to suit your trading style.
- You can either buy new funds next month or redeem them.
- Clients start out by entering their email and choosing the country.
- The UK’s Financial Conduct Authority banned the sale of crypto-derivatives to UK retail consumers from 6 January 2021.
- You can upload bank statements, proof of identity, etc. via your xStation or XTB client office.
- While ancillary costs were on par with industry standards, XTB’s consistently lower spreads were hard to ignore as they clearly separated it from the competition.
PrimeXBT products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider lexatrade rezension whether you understand how these products work and whether you can afford to take the high risk of losing your money.
We also review and explain several technical analysis tools to help you make the most of trading. Commodity exchanges are formally recognized and regulated markeplaces where contracts are sold to traders. Cryptimi.com is to be used for information purposes only. None of its content should be treated as financial or investment advice. While we may receive compensation from some of the products we review, you do not incur any extra charge whatsoever for using our content and clicking external links. To know more information about deposit and/or withdrawal fees, check out their website.
Who Xtb Online Trading Xtb Is For
If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don’t have to pay a conversion fee. There is no commission for stocks and ETFs if you trade less than €100,000 in a month. While favorable, this is still not the best offer on the market, as some competitors such as eToro or Trading 212 offer commission-free trading without any limitations. A currency conversion fee is charged if you trade an asset in a currency other than your account base currency. For example, if you trade Vodafone CFDs but have a USD account, then the funds will be converted using XTB’s GBPUSD exchange rate. The fees are built into the spread in the case of stock index CFDs. Stock and ETF CFD fees are charged as a volume-based fee, but a minimum fee applies.
Moreover, fees vary depending on the currency in question. Pepperstone is a website that offers an uncompromising level of service for all the clients who are trading with global FX and CFD brokers. To withdraw funds from your account, the client has to proceed with online request and choose where to transfer the money . Another pleasant feature that XTB does not charge an inactivity fee. The registration process might be a bit heavy, but this is absolutely standard for every regulated broker on the market. The account-opening procedure happens through an online form, which you can get from every “Create Account” button on its website.
Xtb Overview
XTB accepts members from a lot of countries worldwide to trade CFDs. Once your order is placed, you can track the status of your assets under ‘Open positions’. We are currently finishing the 4rd Elliot Wave impulse. The 5th one should take us to 36,45 price leve l which is a Fibo extension 1.27 of the last March-July bullish impulse. I believe we will shortly retest the lower line of the triangle pattern and after that head south into the…
The country sending the most traffic to xtb.com is Poland. Xtb.com’s traffic has decreased by 2.51% compared to last month. Over the past 10 years, Similarweb has developed a unique approach to measuring the digital world, unrivaled in scale and accuracy. The percentage of traffic lexatrade reviews that comes from both organic and paid search. A competitor keyword analysis is a great way to find the best keyword opportunities, and solidify your content marketing and SEO strategy. An estimate of how difficult it is to rank highly for this keyword in organic search.
It will allow traders to learn about the impact of different financial services across multiple countries. Just like Standard and Pro Accounts, Islamic Account set up is free. With this, the users can trade 1500+ instruments including Energies, ETFs, Forex, Commodities, Indices, Shares/Stocks, Precious Metals via xStation, MetaTrader 4 trading platform. Islamic Accounts don’t support crypto trading and are Swap Free. It lets you provide market trading anywhere and anytime. The users can access technical indicators, charting, strategy tester, order management, and much more. MetaTrader 4 mobile app is downloadable from both Google Play Store and Apple Store.
The site also hosts a live webinar section with a calendar of upcoming events and a trading glossary with terms used in CFD and forex trading. XTB supports MetaTrader 4 , a popular software with many online brokers.
XTB focuses on customers in Eastern and Central Europe, but traders in Western Europe can also open accounts with the broker. Once your transaction is processed, funds will be credited to your account.
Avg Traffic To Competitors
I believe we are remaining in a general correction now, precisely B wave/ wave/5 wave. From this point of view there is a room for inclines to approx. If you’re beginning to trade, learning how to read forex charts is integral to your success.
The continued stability of our platform is a top priority of ours and we generally receive positive feedback about this from our clients. They do all manipulate the spread and/or the price in real time with their own algos in order to optimise their profits on a daily profits. I’m yet to try withdrawing funds and see what happens. I’m using 2 other brokers with no issues apart from repeated phone calls which I hate.
We concluded that xStation is a solid and user friendly platform. It likely covers the needs of the majority of traders.
