Min. deposit
250$
Website address
www.xtb.com
Profitability
*
Demo account
Yes
Currency
Supported languages

* “The amount that will be credited to the account in the case of a successful deal
www.xtb.com
General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

Overview of prospective forex brokers in the global financial market: XTB

Experienced traders know well: to evaluate the company’s activities solely on the basis of feedback, recommendations and reviews of the broker’s clients (or those who impersonate the latter) is a very big mistake. In today’s world, this criterion is not included even in 20 key indicators to compile the characteristics of such firms. If you decide to make money in financial transactions online, you need to choose a broker on the following indicators:

● Period of work of the broker in the world financial market.

● Presence of the regulator of the trading platform.

● Number of experienced participants who use the company’s services.

● Range of services.

● Ability to contact real representatives of the company. Etc.

How all this is done in practice, let’s look at the example of a fairly well-known participant of the global financial market XTB. And only by collecting the maximum amount of objective information about this broker, you can see how it corresponds to the facts stated in the reviews, reviews and independent characteristics compiled about this firm.

 

XTB review of European FX broker

 

What does the XTB forex broker offer?

The financial broker in question was established in 2002, which is considered to be a rather long period for the existence of companies of this type. If you perform a comparative analysis of reviews of this company on the World Wide Web, you can find a huge amount of both negative and positive characteristics, which, in principle, is quite normal situation for any active forex broker.

Customer Security

One of the first questions of interest to XTB customers is the safety of discounts on this trading resource. This site warns its traders that the administration of the resource does not provide guarantees of winning combinations to its customers. All participants work at their own peril and risk: today you can earn more than one thousand dollars, and tomorrow you will lose an amount several times more.

The used MetaTrader 4 platforms, as well as the application specially prepared for XTB, guarantee reliable operation of the broker both in stationary and mobile modes, which is very important for transactions that need to be constantly monitored, regardless of the location of the trader.

To solve unusual situations on the web resource around the clock (5 days a week) there are highly qualified specialists of the support service who provide services in English, Chinese and Spanish. Their functional duties include not only the elimination of technical problems, but also the solution of almost any financial issues that may arise during the work of the site.

Regulation of activities

Many experienced traders do not recommend linking their online business to firms with which they have no contracts to regulate their activities. In this case, the headquarters of the broker in question is in the UK, where their regulatory body – FCA (an authoritative organization that is the guarantor of the reliability of a financial broker) operates.

Also the activities of the represented company are controlled by:

● IFSC (Financial Services Commission of Belize).

● CNMV (regulator of the Spanish stock market).

● KNF (Financial Supervision Authority of Poland).

 Most analysts believe that with this control, a trader can safely register an XTB account without fear of “pitfalls” from the administration of the web resource.

Training of users of the company

Given the unstable financial situation around the world, interest in the work of brokers is growing rapidly. Therefore, the site can be found a lot of useful training materials that demonstrate the mechanism of work of such structures: how to make bets, which affects the liquidity of assets, what can you do forecasts, etc. On the site, newcomers can learn in detail all the information related to the first steps in the online trading market, to interesting analytical materials and useful economic news.

Particular attention should be paid to the demo account created on XTB, which makes it possible in practice to test successful trading strategies without risking their personal investments. Experienced traders argue that no theory can replace the practical tasks that demonstrate the entire algorithm of the system.

Requirements and conditions of work on XTB

Users of the trading platform, who made up XTB reviews, distinguish two types of broker’s main accounts:

1. Standard.

2. PRO.

The main differences between them can be traced on the broker’s official website (depending on the time and the specific situation in the market of these services, they can vary greatly).

Trading conditions

● Minimum replenishment of $ 250.

● The minimum account is unlimited.

● There is no Islamic account.

● There is a commission for certain transactions (0.08% of the lot amount or $ 4).

● Signals and warnings are activated by e-mail.

● Provided partner programs.

● Automatic trading functions.

Financial assets

In most of the XTB-prepared reviews, users select the following groups of trading tools that allow them to earn maximum amounts on concluded financial transactions.

● Currency pairs.

● Commodities and agricultural goods.

● Shares of large enterprises.

● CFD (for various contract objects).

● Bonds.

● Indexes

● Other securities.

Replenishment of trading account and withdrawal of funds

In order to deposit money or withdraw it from the system, the developers of the web resource offer the following options:

● Plastic cards (Visa / Master Cards or Maestro).

● SafetyPay.

● Skrill.

● PayPal.

● Neteller.

● Most bank transfers.

If you choose one of the listed methods of deposit / withdrawal of funds, you need to consider the commission for payment, the time required for the operation and other subjective factors affecting this procedure.

XTB – overview of FX and CFD broker. Trading in crypto-currencies
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General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds

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