XTB (X-Trade Brokers) is a European brokerage house that offers derivatives trading.
- Powerful trading platform
- Great educational and analytical materials
- The lowest forex spreads
- Fast customer service
- Absence of guaranteed stop loss
- Non-forex spread costs are quite high
XTB (X-Trade Brokers) is constantly improving in order to take their trading platforms to the next level and make them the best in the market. Perhaps this is why they quickly gained more than 200,000 regular customers.
XTB is an excellent broker for traders on a tight budget, as the broker does not require additional fees for commissions and money transfers. UK traders also get up to 30:1 leverage.
As a bonus, XTB pays special attention to its customer support service and has many useful development tools for novice traders.
XTB – Who Are They?
XTB (X-Trade Brokers) is a European brokerage house that was founded in 2002 in Warsaw, Poland. The company has several offices worldwide, including XTB Limited, which is based in London, UK, and is regulated by the Financial Conduct Authority. Moreover, XTB is now widely distributed in more than 15 countries in Europe, South America and Asia.
The broker boasts a wide selection of tradable assets, consisting of 1500+ instruments, including a range of global markets, such as forex, indices, commodities, ETFs, and others.
The broker also has an excellent selection of educational materials, including an extensive video library. The most prominent is XTB’s Trading Academy, which is divided into four categories, from beginner to expert. Each course includes both videos and basic articles and you can easily find a topic of interest, from technical market analysis, to risk management.
Compare XTB Features With Other Brokers
Our Opinion About XTB
Our team was frankly delighted with XTB’s test results. The broker has a stable and easy-to-access xStation trading platform, which you can use from any browser. It also has a simple interface and clean design.
We were also pleased with its fast customer support service, which clearly answered our questions. However, many users claim that the mobile version is not as good as the web version, and so the broker still has some areas to improve on.