XTB Online Trading Reviews Read Customer Service Reviews of xtb co.uk

This helps you pick assets to buy based on useful criteria, rather than searching for specific ones by name. XTB differs from competitors when it comes to withdrawal fees, as well. While most other major platforms charge no withdrawal fees, XTB will charge you if the amount you are trying to withdraw is under ₤50. If you withdraw an amount higher than ₤50, you will not be charged a fee.

ETFs

The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals, alerts, news calendars, and more. It is available for Android and iOS devices and can be downloaded from the respective app stores. XTB allows you to gain exposure to the cryptocurrency market through cryptocurrency CFDs. The crypto broker offers over 10 Crypto CFDs, including Bitcoin , Ethereum, Stellar, Dogecoin, and more. With crypto CFDs, you can speculate on the price of cryptocurrencies without taking ownership of the underlying crypto assets. Cryptocurrency CFD trading is available on all the xStation trading platforms (desktop, web, and mobile apps), and you can trade 24/7, with low costs and spreads starting from 0.22%.

We are committed to transparency, accuracy, and comprehensive insights. This exchange is a green land for investors, I just love the performance of their automated system in volatile scenarios. You just need to fund the account and deploy one of the trading bots, relax and smile to your bank.

• XTB’s fees are competitive when compared to other brokers, making it a good choice for traders who want to keep their trading costs low.
• For beginner traders, the mobile app is a great tool to stay connected to the markets at all times.
• This account gives you access to all the same instruments, spreads, and leverage as a real account.
• Overall, it is fairly simple to use, so beginners could find it to their liking, although it might not be for everyone.

Fluid, clear, and equipped with numerous tools, it allows you to monitor your positions, analyze the markets with around thirty technical indicators, and even filter assets via an integrated screener. Everything is done from a single interface, accessible in both desktop and mobile versions. For those who have never used MetaTrader, the xStation experience is frankly pleasant and more intuitive. After several months of testing, I can say that XTB is a platform that has truly convinced me with its balance between accessibility and performance.

• XTB will show you risk scores and alert you if your portfolio departs from your ideal balance.
• Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
• The XTB demo account is unlimited in time and can be reloaded at will, which is perfect for thoroughly testing xStation 5 without pressure.
• There’s over 3,000 stocks to trade on XTB, which is a decent amount.
• Instead, UK traders can use XTB’s flagship web-based trading platform called xStation 5.
• In fact, it’s so good, it’s rated 4.7 stars on the Apple App Store  (8,200 reviews) and 4.5 on Google Play (68,800 reviews).

The ability to trade with leverage (borrowed money) is great, and available across all assets. Meaning you can trade in both directions (up and down), it’s super easy to do too. Forex trading is a 24 hour market during the week and with XTB you can trade non-stop from 11pm Sunday to Friday 10pm (CET time). With XTB, you can trade CFDs on a huge range of assets, over 1,850 stocks (we’ll cover these more below). For regular traders, you might want to trade with more than you have in your account, or you might want to trade the price of an asset going down too (shorting).

Excellent services

But for simple exposure without asset conversion, XTB remains a good integrated solution. The minimum deposit is $0, which is very rare among regulated brokers. This allows you to test the platform in real conditions without constraint, even with a small amount, and to gradually increase your exposure. For UK users, XTB can be a good option for investing, as well, at least when it comes to stocks. However, the majority of other assets are only available as derivatives, meaning that you can buy Contracts For Difference, but not the assets themselves. In their reviews, users have complained about some features missing post-update, such as the trailing stop function.

Suggested companies

Notably, the broker maintains segregated accounts, ensuring client funds are distinct from corporate finances. While XTB crafts its offerings for a global audience, the U.S. market remains untouched due to specific regulatory landscapes. The platform also offers an email address for customers to use, and it makes its address known on the Contact Us page, presumably allowing users to visit its office directly, as well. The entry barrier is low, and so are the fees, which are built into the spreads. XTB also has a great mobile app that often receives updates, either introducing new features or improving existing ones, and the app is generally praised by the users.

Many have reported that customer xtb.com reviews support is alright, although they see room for improvement, and they seem to be particularly impressed with the mobile app, which is constantly evolving. This was still in the days when trading was mostly done by institutional investors and traders, but the financial markets started to open up to regular people, thanks to the rise of the internet. Over the years, the company continued to expand into other countries, and now, more than two decades later, it is one of the largest and most reputable brokers in Europe. XTB is fully licensed and regulated by the FCA, which is known for its strict rules and requirements involving the safety of brokers’ users and their funds.

Other perks for trading cryptocurrency on XTB include a Safe and transparent account, IFSC supervision, and safe and quick deposits and withdrawals. As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. This can help traders take advantage of potential trading opportunities or avoid specific markets. Another essential tool of the platform is the Sentiment Analysis tool, which displays how many XTB traders are short (selling) and how many traders are long (buying).

Once you are satisfied with the trading conditions of the broker, you may proceed with real trading. It also does not have any investor protection scheme for non-UK/EU traders. Additionally, XTB does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives. For this reason, if you need to add funds via a bank transfer to maintain the margin relating to open trade, it is recommended that you contact the support team first. Interestingly, the broker was listed on the Warsaw Stock Exchange in 2016, so the stock broker is also regulated by the stock exchange as a publicly owned company.

You can deposit funds to your account via several payment methods, including bank transfers, credit and debit cards, Paypal, and Paysafe. Interestingly, you can deposit funds on the xStation platform or via your Client Office on the broker’s website. XTB does not determine the amount of the minimum initial deposit, so you can open a real account and start trading with any amount from $1.00. The broker provides traders with institutional-level trading through its deep FX liquidity pools with inter-bank market access. In a world teeming with diversity, XTB conscientiously aligns its services to resonate with myriad trading personalities, offering a range of account types to satisfy both novice and seasoned traders. The broker showcases its innovative spirit through the Standard and Pro account variations, thereby addressing the spectrum of trading requisites.

Service client à revoir, pas d’action fractionnée, interface non optimisée

The spreads tend to fluctuate depending on the market conditions at the time of the trade, meaning that the platform will calculate them differently each time, depending on what is going on. As far as investment products go, XTB offers a fairly decent selection for UK citizens, with access to thousands of CFDs, stocks, and ETFs. With that said, it lacks some instruments offered by competitors, such as futures, options, mutual funds, bonds, and cryptocurrencies.

This means you don’t need to worry about your cash sitting idle while you’re deciding how and when to invest. Depending on the size of your portfolio, you could earn up to 4.9% interest on GBP. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.

XTB Trading Platforms

These include all the major companies across the world (16 countries) – including the UK and USA of course, but there’s also Germany, France and Spain and many other European countries. And, you won’t pay any fees to buy the investment in the first place (unless you are trading over €100,000 per month, and then it’s 0.2% (€10 minimum)). Buying real stocks is where you are buying the asset directly, so you buy in your name, and you own it. The alternative is trading via CFD (which is just trading the price of an asset, and we’ll cover this just below). Within the trading screen, you’ve also got a ‘news’ tab, which updates with the latest information on pretty much every asset you can trade, plus market news and news on the economy in general. Alongside the chart and terminal, you have a list of all the assets available, so you can navigate quickly to other assets you want to trade.

What I like about XTB Online is that…

Conversion fees are minimized and transparently articulated to assure traders of no hidden charges. In the UK it’s authorised and regulated by the Financial Conduct Authority (FCA), which means they’ve been approved to look after your money, and are constantly monitored. For margin trading, if you want to keep your position open overnight, you might be charged a fee, which is called a swap fee. It will depend on the asset you are trading (typically not very much), it’s effectively the interest rate for the borrowing.