Can I trust XTB?

Can I trust XTB?

XTB is considered low-risk, with an overall Trust Score of 95 out of 99. XTB is a publicly traded company that is authorised by one tier-1 regulator (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust).

How does XTB make money?

The commission At XTB, we offer three types of accounts; Basic, Standard and Pro. With Basic and Standard accounts, commission is charged only on equity trades. For all other asset classes such as FX, Indices and Commodities, the cost of commission is already built into the spread.

Where is XTB regulated?

London
XTB Ltd (XTB UK) is authorised and regulated by the Financial Conduct Authority (FRN 522157) with its registered and trading office at Level 34, One Canada Square, Canary Wharf, E14 5AA, London, United Kingdom.

How long is XTB withdrawal?

XTB International Limited – Standard processing time for withdrawal request is 1 business day.

Is XTB available in USA?

XTB does not accept U.S. clients due to regulatory constraints, which precludes it from truly being considered a global broker.

Is XTB the best broker?

We selected XTB as Best CFD broker for 2022, based on an in-depth analysis of 90+ online brokers that included testing their live accounts.

Can I use XTB in USA?

Does XTB allow scalping?

XTB offers traders two state-of-the-art trading platforms, MT4 and xStation. Both platforms allow scalping.

What type of broker is XTB?

Summary. XTB is a global CFD broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA).

Is XTB a good broker for trading?

As a trusted multi-asset broker, XTB offers traders outstanding customer service and an excellent trading experience overall thanks to the xStation 5 trading platform. Founded in 2002, XTB is publicly-traded and regulated in one tier-1 jurisdiction, making it a safe broker (low-risk) for trading forex and CFDs.

What is the pricing at XTB?

XTB offers two account types: Standard (spread-only) and Pro (commission-based). Bottom line, pricing at XTB is in line with the industry average. Average Spreads: XTB lists target spreads on the EUR/USD for its various account types, 0.949 pips on the standard account, and 0.349 pips for the commission-based Pro account, as of August 2020.

What are the pros and cons of XTB account?

Account opening is also fast and user-friendly. On the negative side, fees charged for stock CFD trading is high. XTB has a limited product portfolio, covering mostly CFDs and FX, although real stocks and ETFs are also available for some European clients. Additionally, XTB offers only basic fundamental data.

Is xfxtb safe to trade?

XTB is considered safe because it has a long track record, is listed on a stock exchange, and publishes its financial statements transparently. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider.