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    XTB:XTB-Overview the Guide of This Broker

    Abstract:XTB ranks the fourth largest stock exchange listed forex and CFD broker in the world,founded in 2002 and headquartered in London, UK, with offices in over 12 countries, including Poland, Germany, France, and Turkey. The company is currently regulated by the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Polish Financial Supervisory Authority (KNF), and the International Financial Services Commission (IFSC) of Belize.

      General Information & Regulation

      XTB ranks the fourth largest stock exchange listed forex and CFD broker in the world,founded in 2002 and headquartered in London, UK, with offices in over 12 countries, including Poland, Germany, France, and Turkey. XTB Limited is authorized and regulated by the Financial Conduct Authority in the UK, with regulatory license number 522157.

      Market Instruments

      XTB provides investors with some popular tradable instruments in the global financial markets, mainly foreign exchange, indices, commodity futures, stock CFDs, CFDs on traded funds, cryptos, etc.

      XTB Minimum Deposit

      XTB has designed two types of trading accounts, the Standard Account and the Pro account, as well as the Islamic account. The minimum deposit for start a standard account is US$250, which sounds slightly higher than most brokers' requirements.

    XTB

      XTB Leverage

      XTB , as an European based broker, can not provide high trading leverge for traders due to EU regulation. Retail traders can use the maximum leverage of up to 1:30 for forex instuments, 1:5 for stocks trading. However, professional traders can apply the high leverage of up to 1:500 after the status is confirmed.

      Spreads & Commissions

      The main spreads for Forex products are 0.1 pips for EUR/USD and 0.2 pips for GBP/USD. Spreads for index products start from 0.7 pips for US2000 and 1.7 pips for UK100. Gold spreads start at 0.41 pips, silver from 0.041 pips, oil from 0.04 pips. The spread on APPL.US is around 0.01 pips. Forex, indices, crypto coins and commodities are traded with transaction fees all built into the spread, no additional commissions. Commissions for stock CFDs and ETFs start at 0.08% per lot. Forex, indices, commodities, CFDs on shares, and CFDs on exchange-traded funds in Islamic accounts are charged a commission of $10 per lot.

      Trading Platform

      XTB offers traders the x Station 5 and x Station Mobile trading platforms. The trading platform allows traders to trade anywhere, anytime, and choose from over 4,000 commodities (including CFDs on Forex, Cryptocurrencies, Indices, Commodities, Stocks and Exchange Traded Index Funds from all over the world) in an intuitive design that makes it faster and easier for traders to manage their assets. The platform supports web, mobile, and desktop.

      Deposit & Withdrawal

      XTB offers various deposit and withdrawal methods for users to choose from, some of which may incur additional fees. Bank transfers: welcoming EUR, USD, GBP, HUF, no fees for deposit and withdrawal. Banks may charge a transfer fee. E-Wallet (PayPal, Skrill): accepting EUR, USD, GBP, HUF, PayPal - charging 2% of the deposit amount, Skrill - charging 2% of the deposit amount. Withdrawals below 100 USD / 80 EUR / 60 GBP / 12,000 HUF will be charged 20 USD / 16 EUR / 12 GBP / 3,000 HUF respectively.

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    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
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