Overall score: 94Official Site
Available in Colombia?
Average Spread for EUR/USD
FCA, MiFID, CNMV, IFSC, IFSC
xStation, MetaTrader 4
Forex, CFDs on metals, energy assets, stocks, indices, bonds, commodities and ETFs
One of the most important Forex and CFD brokers is XTB. In fact, internationally XTB is the fourth most traded broker.
Through this Forex broker you will be able to put your money into a variety of investment options. Among them are currencies, CFDs on indices and stocks, commodities and ETFs.
XTB Forex Broker
Since its foundation in 2002, XTB has grown enormously and now has more than 14 offices in different countries.
XTB Forex broker is regulated by the FCA. That is, by the Financial Conduct Authority of the United Kingdom.
In addition, it complies with the European high standards for investor protection according to the MiFID directive.
As if this were not enough, it is also regulated by entities corresponding to the countries in which it is located. An example is the CNMV in Spain. Then, in Latin America it operates as XTB International Limited. And then in Belize it is regulated by the IFSC (International Financial Services Commission) through license IFSC/60/413/TS/17.
As you can see, it really is a broker that has been in the market for many years and is also an extremely safe investment instrument.
The opinions of several analysts about XTB Forex broker agree positively. All its aspects have been evaluated and the versatility of this broker undoubtedly stands out. It is great not only for beginners, but also for experienced traders.
- Peace of mind and securityBroker: We are dealing with a broker that is regulated by several demanding entities. This of course offers peace of mind and security for its users.
- High Level PlatformsYou can use the broker via high-level platforms. These include xStation and MT4. Also, from mobile platforms for iOS and Android.
- Free Trial Account: It allows you to open a free trial account and offers you a virtual €100,000. These are valid for one month.
- Secure PaymentAnother XTB review is about their payment methods. Both Paypal and Skrill are very light and safe.
- There is no minimum margin to deposit to generate a real account.
- Variety of Financial InstrumentsXTB Trading: On the other hand, the reviews are also positive about the variety of financial instruments offered by XTB. The traders have more than 1,500 assets.
- Personalized Customer ServiceThe quality of customer support you receive is very good and stands out in comparison to other brokers. Each of XTB's clients has a designated advisor. They will personally attend to you and resolve any issues you may have.
- International TrajectoryXTB is a Forex broker with a long history in the market and operates worldwide.
XTB trading platforms
XTB trading platforms allow you to monitor and execute trades anywhere, as well as use charting and analysis tools.
xStation for mobile phones and tablets
In the XTB Forex broker you can find an application to access its xStation platform from a mobile phone and another application to access it via tablets. Both alternatives operate on Android and can be downloaded from the Google play store.
The design of the platform is specially made for you to work from your phone or tablet in a simple and diligent way. Recently, a specific app for IOS and Android smartwatches has even been released.
This powerful platform from XTB allows you to trade online from wherever you are. You only need a web browser and will not need to download any application.
Everything you can do through xStation offers higher quality than almost any other online platform. The speed of carrying out orders stands out. You can manage through the charts and make use of technical analysis indicators and various indispensable tools so that you can decide on trading. Similarly, xStation allows you to fully customize the platform according to your preferences.
One of the most widely used trading platforms in the world today is MetaTrader 4. It is a very easy to use platform for inexperienced and skilled traders. It has all the necessary tools for you to trade comfortably. You will be able to use a system that allows you to work in an automated way. In addition, you will have powerful charts and a variety of indicators.
How to create your account at XTB Forex broker?
To get started you have to fill in the information that is requested through a registration. The information you have to provide is typical of what any other regulated broker would ask for.
When you finish, to activate your account you have to corroborate who you really are. This part is done by providing us with a photo of your personal documentation, or you can also scan your ID card, driver's license or passport.
You will also need to corroborate where you live with a photo or scanned image of any recent utility bill. This can be for internet, landline phone, water, electricity, etc.
You can then deposit funds and start using the platform of your choice.