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XTB Reviews and Comments

Having navigated through the world of online trading platforms, I recently stumbled upon XTB. One of the first things that caught my attention was their lack of a minimum deposit requirement. This factor, combined with their inviting and informative website presentation, nudged me to explore their offerings further. Taking the cautious route, I initiated my journey with XTB by setting up a demo account. This allowed me to acquaint myself with their trading platform, risk-free. To my delight, the platform was rich in features, enhancing the overall trading experience. The trade calculator was a particularly handy tool, simplifying the trading process and ensuring that I was always aware of potential risks and rewards. Moreover, the ability to execute trades directly from the charts, with a single click, was a feature that I found both efficient and user-friendly. Throughout my demo experience, I observed swift order executions, and the stability of the platform was commendable, without any notable glitches. Feeling confident with the demo trial, I transitioned to a live account by depositing $50. While my bank deducted a 1% commission for the transfer, I was relieved to see that XTB remained true to their word, not charging any deposit fees - a testament to their transparency. As for trading specifics, I noticed that the spreads on cryptocurrencies were average, neither too high nor too competitive. I'd recommend new traders to be particularly watchful while trading cryptocurrency CFDs. Though it's entirely feasible to trade at a profit with XTB, I found the best potential returns came specifically from cryptocurrency CFDs. In sum, my initial foray into XTB has been promising, and I look forward to further exploring what they have to offer in the world of trading.
  2 Nov 2023  
When venturing into the realm of online trading platforms, I came across XTB, a broker that intrigued me with its wide array of trading instruments, notably including cryptocurrencies. While many brokers have ventured into the cryptocurrency space, the depth and breadth of offerings at XTB stand out. One of the key aspects to consider when trading cryptocurrencies is the leverage provided. At XTB, the leverage ratios are consistent with industry standards. For the renowned cryptocurrency, Bitcoin, XTB offers a leverage of 1:5. However, for the lesser-known or less popular coins, the leverage varies between 1:2 and 1:4. This variance ensures that traders have a level of flexibility, allowing them to make choices based on their risk appetite. XTB's convenience isn't just limited to its trading instruments. Their variety of payment methods is both commendable and user-friendly. It’s a boon for traders that XTB accommodates both electronic wallets and card payments, making the process seamless and adaptable to individual preferences. From my experience, the efficiency of their withdrawal process is another feather in XTB's cap. Requests for withdrawals are typically processed within a day, ensuring traders have timely access to their funds. Additionally, their fee structure is transparent and favors the trader. Withdrawals amounting to more than USD 50 are exempt from any fees, which is a significant advantage for traders looking to minimize transaction costs. However, while XTB does boast a rather expansive selection of crypto assets, there are certain noticeable omissions. Renowned coins such as Dash and Tether, which have substantial market presence, are unfortunately not available for trading on the platform. In summary, XTB provides a comprehensive and trader-friendly environment for those keen on diving into the cryptocurrency market. While there's room for expansion in their crypto asset portfolio, their current offerings, combined with their user-centric approach, make them a worthy contender in the world of online trading platforms.
  18 Oct 2023  
XTB, as an online trading platform, stands distinctly apart from typical cryptocurrency exchanges in several ways. While crypto exchanges often offer unique features like staking - a process by which users can earn additional cryptocurrencies by holding and "staking" their assets - XTB does not currently provide this service. This could be seen as a limitation for those specifically seeking staking opportunities, but it is essential to remember that XTB's primary focus is on trading. Regarding transactions, XTB operates primarily in fiat currency, particularly the U.S. dollars. This means that traders looking to make deposits or withdrawals in digital currencies might need to look elsewhere. However, this fiat-centric approach ensures that pricing remains consistent and is not subject to the high volatility commonly associated with cryptocurrencies. When it comes to the cost of trading, XTB's Contract for Difference (CFD) trading fees are in line with industry standards. This means that traders won't find themselves at a distinct advantage or disadvantage in terms of costs when trading with XTB as opposed to other brokers. For those who are already familiar with the MetaTrader 4 (MT4) platform, you'll be pleased to know that XTB supports it. This can be particularly useful for traders who might find the transition to a new trading platform challenging or time-consuming. However, for those willing to explore, XTB does offer its proprietary platform, which boasts a range of features tailored to enhance the trading experience. In the realm of customer support, XTB generally delivers a swift response. But it's worth noting that their live chat support isn't operational on weekends. This could be a slight hindrance for those trading over the weekend or seeking immediate assistance outside of regular business hours. Lastly, on the matter of trustworthiness and regulatory compliance, XTB doesn't disappoint. While my interactions have been with the branch regulated by the Financial Services Commission (FSC) of Belize, it's reassuring to know that XTB also holds a license from the UK's Financial Conduct Authority (FCA). Holding an FCA license is often seen as a hallmark of reliability in the brokerage world, given the strict regulatory standards of the UK. In conclusion, XTB offers a comprehensive trading experience that bridges the gap between traditional trading and the world of cryptocurrencies. While there are areas where XTB might diverge from typical crypto exchanges, their regulatory compliance, platform offerings, and customer support make them a strong contender in the trading platform arena.
  27 Sep 2023  
XTB have several issues apart from the withdrawals issues, when. I started trading with them and everything seemed fine, but when I increased my lots, the platform started randomly logging me out. Several times when I expected a big profit, they closed my positions at a loss, explaining that the position was too large, although I still had enough margin. I no longer advise trading with XTB and recommend caution.
  8 Aug 2023  
The securities recommended to me by XTB turned out to be quite attractive. There is nothing complicated here - it is worth investing in stable, reliable companies, it is important just to find an entry point. And I have already made several investments, and I see that these shares are in the black. I have never had any problems with opening and closing orders. All questions - technical support answers quickly enough. the only thing I don't like is the personal account, which the developers should still work on, since it is more perfect on other platforms.
  19 Jun 2023  
XTB is one of the few DCs where you don't get annoying phone calls. They don't bother, they don't call, they don't offer anything. This is their main advantage. According to the trading conditions, everything is fine, what is the reason for the negativity of some people, I don’t understand, the panic is out of the blue. In terms of the speed of execution of transactions, as many people write, it is really top. The variety of financial instruments is decent. My rating for the broker is 5 points!
  8 May 2023  
My experience with XTB has been above average compared to some of the other brokers I've traded with, who I've been frustrated with at times due to a lack of care and indiscrepancies on their part. I am happy to say that's not the case with x trade at all. They respond to my questions quickly, the platform is top notch and though spreads can be improved on certain markets I'm satisfied (for now).
  7 Nov 2018  
Happy to trade with XTB for so long. I was just a person who had no experience in trading currencies. However, I gained my expertise through many losses, through months of demo testing until I developed my own approach of trading. Anyway, it was always with xtb and their support, which brought me to this point of success. I don't need its academy or education seminars, but their market analysis still very useful for me. I've made almost 180% for one year just trading indices and forex. I have DMA access and huge range of markets to trade. I’ll tell you more, it makes me feel safety when I know that xtb is regulated by FCA. And it’s not some kind of Cyprus or Panama firms…
  13 Aug 2016  
Im using this broker for 7 year. Im very satisfied.
  30 May 2015  
good b roker I'm working with them in Poland.
  27 Sep 2011  

As one of the foremost stock exchange-listed FX & CFD brokers on a global scale, XTB Group has proudly positioned itself at the forefront of the trading industry. We open the doors for retail traders, granting them immediate access to a diverse array of markets that span the globe. Our...

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