XTB Offers Trading on a Wider Range of Assets

XTB establishes itself as a significant contender, providing traders with an extensive lineup of assets to investigate. Dedicated to fostering transparency and innovation, XTB accommodates novices and experienced traders equally by offering a platform brimming with educational resources and ample features.

XTB Broker Review | Source: Galeanu Via Istockphoto

XTB Broker Review

This article provides an in-depth look at an array of services, including its selection of assets, account categories, trading platforms, and security protocols.

➢    Diverse Range of Financial Instruments

XTB sets itself apart by providing access to an extensive array of financial instruments. Forex trading enthusiasts will find a selection of 57 currency pairs available for trading, covering major, minor, and exotic pairs. Additionally, XTB offers 1892 share CFDs, 35 indices, 26 commodities, and 150 ETFs. This diverse range of assets ensures that traders have ample opportunities to diversify their portfolios and capitalise on various market trends.

➢    Flexible Account Options and Competitive Fees

XTB maintains a single live account type, eliminating complexities for traders. This account requires no minimum deposit, making it accessible to traders of all levels. Trading costs are notably competitive, with spreads averaging 0.7 pips for major currency pairs like EUR/USD and no commissions charged. Leverage is capped at 30:1 on major Forex pairs, ensuring responsible trading practices.

➢    Award-Winning Trading Platform

While some may lament the absence of third-party platforms, XTB’s proprietary platform, xStation5, is distinguished for its intuitive design and robust functionality. Recognised for its excellence with awards such as Best Mobile App for Investing, xStation5 offers a seamless trading experience across desktop and mobile devices. Traders benefit from advanced charting tools, one-click trading, real-time performance statistics, and integrated market sentiment data.

➢    Accessible Account Opening Process

Opening an account with XTB is a straightforward process, characterised by user-friendly interfaces and prompt account activation. With no minimum deposit requirement for individual accounts, traders can swiftly embark on their trading journey. The inclusion of a questionnaire to assess a trader’s knowledge and experience underscores XTB’s commitment to responsible trading practices.

➢    Extensive Educational Resources

Recognising the importance of education in fostering trading proficiency, XTB offers an array of educational materials tailored to both novice and experienced traders. From properly tailored articles covering platform tutorials to live webinars with market analysis, XTB ensures that traders have access to the knowledge needed to make informed trading decisions. Additionally, a demo account provides a risk-free environment for practice, albeit with a 30-day expiration.

➢    Robust Customer Support and Safety Measures

XTB places a premium on customer support, offering round-the-clock assistance via various channels, including live chat, email, WhatsApp, and phone support. With 20 local branches and support available in multiple languages, traders can rely on XTB for timely assistance. Additionally, XTB’s strict regulatory oversight and adherence to industry best practices serve as evidence of its commitment to safety. Through measures like segregated accounts and negative balance protection, XTB, which is subject to regulation by organisations like the FCA and CySEC, prioritises the security of client funds.

Conclusion

XTB emerges as a reputable broker offering a wholesome trading experience characterised by a wide range of assets, competitive fees, innovative platforms, and robust safety measures. It doesn’t really matter if you’re a seasoned trader or just starting; XTB’s commitment to transparency, education, and customer satisfaction makes it a compelling choice in the Forex sphere. To learn more about XTB, have a look at FxScouts’ XTB broker review.