Trade Forex with a trusted market leader

The xStation 5 platform provides a core selection of order types—market, limit, and stop-loss—with customizable parameters for strategic trading. XTB imposes an inactivity fee of €10 per month if your account remains inactive for 12 months and no deposit has been made within the preceding 90 days. Swap fees in forex were in line with industry standards during my test, whereas swaps for gold were relatively high. In the table below, you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract. XTB also excels in market research, delivering high-quality news and analysis from an in-house team, along with a suite of tools such as scanners and heatmaps. As a result, all money withdrawn from your account must go to a bank account or digital wallet in the same name as your XTB trading account.

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XTB is a reliable platform for experienced traders, particularly those interested in CFD trading, but there are some drawbacks. It is comparatively cost-effective overall and offers competitive commission fees, though some platforms offer greater value in the long-term. Additionally, it can be a complicated interface for users with less knowledge of CFD trading. The broker’s combination of competitive pricing, modern trading technology, and robust security measures creates a compelling package for traders. The xStation platform provides an excellent trading experience, balancing user-friendliness with advanced features.

• Both the xStation 5 platform and XTB mobile app offer one-click trading and trading directly from charts, crucial features for day traders who need to be agile and quickly enter and exit the market.
• XTB Limited provides comprehensive customer support with a global reach.
• We always provide prices in real time with the best interest of our clients in mind.
• When you close a position, the funds from it are immediately returned to your balance from where you can either withdraw them or enter into new transactions and continue trading.
• In other instruments such as the US500, OIL or NATGAS the underlying is a futures index or commodities quote.

Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance. XTB supports different deposit methods to enable you to easily fund your account and trade. The broker does not charge any deposit fees, and it allows you to open accounts and deposit funds in multiple base currencies, including USD, EUR, and GBP. With XTB, you will benefit from super-fast trade execution, low spreads, and no commissions (for Standard Account holders). In addition to market orders, clients can manage their risk more effectively by placing pending stop loss and take profit orders.

What Is Leverage in CFD Trading?

The broker provides traders with a demo account option that is beneficial for beginners and experienced traders alike. It allows amateur traders to familiarize themselves with the broker’s platform before committing real funds on the live accounts. On the other hand, experienced traders can also use the demo account to test their trading strategies in a risk-free environment before implementing them on the live account options.

• The spread is the difference between the buy (ask) and sell (bid) price of a CFD.
• XTB will check once per day to see if the initial margin you put up is equivalent to the current value of the underlying asset.
• The platform includes real-time market data, price alerts, and a built-in stock scanner for identifying trading opportunities.
• Those 10,000 shares of Barclays are at 280p, costing you £28,000 and not including any additional fees or commissions.
• As the name suggests, a Stop Loss order can protect against deepening losses, the position will be closed automatically when the price goes below your specified level.

XTB Broker Review

XTB is a leading European brokerage firm and one of the world’s largest stock exchange-listed Forex & CFD brokers. It is based in Poland but has offices in more than 13 countries, such as the UK, France, Germany, and Chile. The broker provides retail traders with access to hundreds of global markets across different asset classes, including Forex, indices, commodities, stock CFDs, ETF CFDs, cryptocurrency, and more. With CFDs, the trader does not actually own the instrument and therefore is not responsible for all the liabilities and problems related to it. For example, it is possible to speculate on the price of xtb cfd oil, copper or gold without owning any physical commodity and without waiting for its delivery. Thanks to the development of technology people can start trading CFDs from anywhere in the world.

NordFX Broker CFDs

BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. 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. You can deposit funds to your account via several payment methods, including bank transfers, credit and debit cards, Paypal, Skrill, Neteller, and PayU. XTB does not determine the amount of the minimum initial deposit, so you can open a real account and start trading with any amount.

Is XTB Safe to Trade With?

However, when trading XTB CFDs, you need to exercise extreme caution regarding how closely the price of the asset you are betting on corresponds to its current value on XTB. If something like this occurs, you might end up maintaining your XTB position for a longer period of time than you had originally intended, which will result in interest being charged on the XTB leverage. Because the value of a unit of the CFD that you are trading on XTB will vary depending on the instrument, you need to determine the number of XTB units that will provide you with the greatest benefit.

XTB provides comprehensive customer support through multiple channels including live chat, email, and phone. The support team operates 24/5, following market hours, with service available in 22 different languages. This multilingual approach makes the broker particularly accessible to international traders.

If, on the other hand, the price continues to move in the wrong direction, all the money you deposit may be lost in order to hedge the losing position. Before you start trading, familiarise yourself with how CFD trading is done by using a DEMO account,  which you can open here, and familiarise yourself with our Knowledge Base. If you want to try to make money on sudden, drastic price drops you can use not only short selling but also the VIX index, called the ‘fear index’. This index tracks the volatility of the S&P 500 index and the volatility spikes when investor sentiment declines and panic ensues leading to selling of assets. When the projected volatility of the S&P 500 index increases, the VIX index also increases.

You can protect yourself from losing more money than is currently available in your XTB trading account by making use of a tool called negative balance protection. It eliminates the possibility of the XTB trader owing money to the XTB broker and prevents the XTB trader from having to obtain loans or overdrafts in order to finance their XTB trading activities. Maintain a current awareness of the news and events that pertain to the underlying assets you trade on XTB. You can control your exposure to XTB CFD risk by keeping a close eye on all of your open XTB positions. You can engage in trading on declining markets with XTB CFDs in addition to trading on rising markets even if you do not own any real assets like stock on XTB. I particularly appreciated built-in tools like the scanner, heatmap, and depth-of-market (DOM).

This is due to the fact that the XTB stop loss orders should protect you from suffering significant losses with XTB in the event that the market moves against you. A XTB guaranteed stop loss order is used to stop XTB orders but has stricter requirements. It ensures the XTB trader that their position will be closed and his or her XTB market order will be executed, regardless of whether or not the price of the underlying asset gaps fluctuates. When the price of an underlying asset experiences a gap, it is possible for it to pass through the stop price that was established with a XTB stop loss order. The XTB trader suffers a loss that more than they had anticipated because the XTB stop order was carried out at the next available price.

You could sell a contract for difference (CFD) on XTB that is based on Gas if you think the price of gas is going to go down on XTB. You will make a profit when you close the short position if the price of Gas goes down on XTB, but you will incur a loss with XTB if the price of Gas goes up. The profit or loss from a XTB position is not realised until after the XTB position has been closed, regardless of whether the position was long or short with XTB.

Price Alerts

For undecided traders, XTB offers a 30-day trial with virtual funds of £85,000 to explore whether it’s suitable for real investment. Live training options include weekly webinars, trading room sessions, and one-on-one training for larger accounts. A demo account is available for practical learning, though advanced traders might find the content somewhat basic compared to competitors.