XTB review 2019

Is XTB a good FX broker?

This could be a good platform for both beginner and advanced traders who want to trade forex and other securities, including indices, commodities, stocks, ETFs and cryptocurrencies. However, you need a minimum deposit of $250 to start trading.

Spread

Account minimum

Regulation

Accepting US citizens

Minimum 0.1 pips on EUR/USD
$250
IFSC, CySEC, KNF, DDM, CMNV, FCA
No

XTB is a broker that gives you access to more than 1,500 instruments to trade. Trades are executed through an excellent trading platform, and the spread and fees are low compared to other brokers.

One of the interesting features it offers to certain jurisdictions is cashback on your trades. If you fall into it, you could check it out.

What kind of trading platforms does XTB offer?

XTB forex broker offers the standard Meta Trader 4 platform, but they also offer the xStation 5 platform. xStation 5 comes with superior charting and execution, advanced technical analysis tools, market sentiment, equity scanner and more.

Standout features

  • Low spread. EUR/USD pair comes with spreads as low as 0.1 pips.
  • Trading platform. You can choose between MT4 or the more advanced xStation 5 for your trading.
  • Education. Get access to basic, intermediate, expert and premium education, which includes analysis, tooltips from expert traders, trading strategies and more.
  • Trading choices. Trade currencies, indices, stocks, ETFs and cryptocurrencies.

Watch out

  • Minimum account opening. Most brokers have $0 minimum account opening policy, which means you can test the platform, execution and withdrawals with a small deposit. With XTB, you need to deposit at least $250.
  • Poor research. Other brokers offer more detailed research resources to their traders, while XTB offers only information articles.

What can I trade with XTB?

  • Currencies
  • Indices
  • Commodities
  • Stocks
  • ETFs
  • Cryptocurrencies

How do I signup with XTB?

  1. Go to XTB website.
  2. Click Create account.
  3. Fill out the application form.
  4. Fund your account.

Bottom line

Forex traders and traders who want to trade other instruments may find the XTB broker to be a decent choice. You get low spreads and an excellent trading platform. But you need a minimum of $250 to fund your account and start trading.