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Forex Broker Review – XTB.com Poland Based Forex Broker

Below is a Forex review of online forex broker XTB.com. XTB.com is based in Poland. Below is a list of the most common questions about XTB.com that traders ask about this broker.

 

XTB is owned by X FINANCIAL SOLUTIONS LIMITED

Forex Broker reviews - XTB.com

 

 

Where is XTB.com currency broker based

XTB is based in Poland, its address is:

 

Warsaw,

Ogrodowa 58,

00-876 Warsaw,

Biurowiec A, VII pietro,

Poland.

 

Is XTB.com a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker can be found on the broker’s website.

 

XTB is regulated by Polish Securities and Exchange Commission License Number DDM-M-4021-57-1/2005

Regulated in UK by FSA license number 522157

Also regulated in Czech National Bank in Czech, CONSOB in Italy, CNMV in Spain, BaFIN in Germany, CNVM in Romania, CMVM in Portugal and ACM Banque de France

 

What is the execution method of XTB.com

DMA, Direct Market Access and STP, Straight Through Processing Instant execution of orders

 

 

What are the spreads of XTB.com

The spreads of XTB.com are:

 

XTB.com

Currency

Spread

EURUSD

1.4 pips

GBPUSD

2.6 pips

USDJPY

2.5 pips

USDCHF

2.5 pips

 

Spreads may vary depending on account type and market volatility.

 

Financial Instruments provided for trading by XTB.com

Currencies

Metals

Indices

Options

Commodities

ETFs

Equity CFDs

 

What are the forex account types of XTB.com

Accounts provided are:

  • standard forex account

 

 

Does XTB.com have Islamic Forex Trading Accounts

XTB does not provide swap free Islamic Accounts

 

What are the terms for demo accounts for XTB.com

XTB provides a demo trading account for practice

 

How is the withdraw and deposit process of XTB.com

Bank wire money transfer method is provided for deposit and withdraw of funds

 

Bank wire Deposit fee £8 and withdraw fee £17

 

Recommended Broker

Tight Spreads - EURUSD: as low as 0.1 pips, GBPUSD: as low as 0.1 pips, USDJPY: as low as 0.1 pips Choose Tight Spreads Account

Commission reduced from $5 to $3.5 per side: Open Tight Spreads Account

 

What is the minimum account opening capital for XTB.com

  • standard forex account

Fixed Spread STP - $500 - Forex, Commodities and Indices

Direct Market Access DMA - $500 - Equity CFDs

 

Does XTB.com give an account opening deposit bonus

No, XTB does not provide an account opening deposit bonus

 

What is the security and reliability of XTB.com

What is the broker rating for XTB.com security and reliability

 

XTB is a regulated forex broker and has a good rating for security and reliability of deposited funds.

 

Does XTB.com accept forex scalping

XTB allows scalping trading

 

Does XTB.com give free forex education to traders

This broker does not provide a learn currency trading education for forex trading online.

 

 

What are the trading platforms of XTB.com currency broker

Metatrader4

Metatrader4 WebTrader

xStation

xTab

xOption

xMobile

 

Is XTB.com a MetaTrader 4 Forex broker

XTB.com provides MetaTrader 4 software which is the best platform according to reviews.

 

The platform MetaTrader 4 can be downloaded from the brokers’ website.

 

 

Does XTB.com allow automated forex trading

The broker automated trading policy on automated trading is:

 

XTB allows Expert Advisors automated trading on their MetaTrader 4 platform.

 

What are XTB.com broker website information sections

The website information sections are:

 

Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.

 

Platforms Section: this section provides platforms where a trader can choose one for tradng.

 

Indices, commodities, Equity CFDs trading section: for information about trading of these instruments and specifications for trading these instruments.

 

Regulated Broker

Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account

Tight Spreads

EURUSD: as low as 0.1 pips
GBPUSD: as low as 0.1 pips
USDJPY: as low as 0.1 pips
Commission fee is charged
Commission reduced from $5 to $3.5 per side

Regulated Broker

Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account

Forex Account Opening Bonus

Takes 5 Minutes to Open an Account, Open an Account Early: Open Forex Account