Additionally, spreads for popular instruments like EUR/USD are highly competitive, allowing traders to minimize their trading costs. In terms of pricing, trading fees are generally in line with the industry average, with competitive spreads on forex pairs and low account-related costs. XTB’s proprietary xStation 5 platform is both intuitive and customizable, featuring advanced charting tools, market sentiment indicators, and depth of market (DOM) to help identify trading opportunities. Get the most out of global markets by having access to instruments including stocks, ETFs and CFDs. Discover our modern and intuitive platform offering a variety of tools that will help you meet the challenges awaiting the financial markets. The regulator found that between 2013 and 2020, the company had promoted CFDs to non-professional clients in France and published misleading advertisements, without sufficiently warning about the high risks involved.
KNF $2.7 mln fine and misappropriation accusations
Is that what motivates us when teaching you how to trade? Also, we provide you with free options courses that teach you how to implement our trades as well. We want you to see what we see and begin to spot trade setups yourself. These alert signals go along with our stock watch lists. Our trade rooms are a great place to get live group mentoring and training. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
Depth of Market (DOM)
Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. Overall, XTB’s xStation5 software targets more advanced trading strategies and has a learning curve that new traders might find overwhelming initially. XTB is an excellent trading software suitable for both beginner and advanced traders.
XTB does not offer popular platforms for automated trading like MetaTrader and cTrader. XTB makes it easy for casual traders to get started with a $0 minimum deposit. The XTB mobile app mirrors the desktop experience, offering a streamlined, user-friendly interface for managing positions and monitoring markets on the go. Explore advanced charting tools, sentiment indicators, and see how XTB clients are trading specific instruments. Make profits and close investments automatically at the determined price without the need to continuously monitor the market. Earn interest on uninvested funds and instantly exchange currencies for investment purposes between your accounts.
XTB Mobile App
One of the most important factors in choosing a brokerage platform is the commission fees for trading. As a result, you will also need a margin account to trade CFDs. CFDs are agreements between the trader and the brokerage that speculate on the underlying price of an asset. CFD, or Contract For Differences, is an advanced trading style with a high risk. Yes, XTB is a fully-regulated trading platform by multiple regulatory bodies.
Tradable Instruments
Like European-style options, CFDs are cash-settled, meaning no asset shares are traded. A leveraged derivative allows you to trade an asset and bet on its underlying movement, long or short. This risk is why some regulatory bodies, like the CFTC and SEC in the United States, have not approved it. In 2007, XTB went public and still trades on the Warsaw Stock Exchange in Poland. The company is well-known across Europe, particularly for its famous brand ambassadors. The company operates dozens of global offices in countries like the UK, Germany, France, and Chile.
About this app
With over two decades of experience in the financial markets, we have gained the trust of more than 2 million customers worldwide. We are much more than just a place to learn how to trade stocks. We want the everyday person to get the kind of training in the stock market we would have wanted when we started out. People come here to learn, hang out, practice, trade stocks, and more.
Like most other brokerages, this simplifies day trading rather than toggling through different screens. It offers a full spectrum of technical analysis indicators and tools and allows you to trade directly from the chart. XTB has a proprietary trading platform software called xStation5. Most XTB users can access CFDs for stocks, ETFs, Forex, commodities, and even cryptocurrencies.
Understanding Forex Trading: Key Concepts
It also provides price alerts that notify traders of key price levels without requiring constant screen monitoring. The platform offers customizable watchlists, allowing users to monitor live quotes for preferred instruments through a streamlined market watch panel. The browser-based xStation 5 platform distinguishes itself with a suite of advanced yet accessible features tailored for modern traders.
- The XTB mobile app offers a robust and feature-rich trading experience designed for on-the-go use, combining powerful functionality with a modern, intuitive interface.
- In our stock trading community, you’re going to get it all.
- Its annual revenue for 2024 reached PLN 1.87 billion (USD 445 million), with commodity-based CFDs accounting for 48 percent of that total.
- While lacking automation capabilities, its user-friendly interface and powerful analytical resources make xStation 5 an excellent choice for most traders.
- XTB’s educational materials cover a wide range of trading topics and cater to traders of all levels.
The company has been in business for over 20 years and has over 1 million global customers. As an educational investing community, we were also impressed by the resources XTB offers. We were even impressed by the mobile trading app, which you cannot say for every brokerage. The platform also excels in offering up-to-the-minute Market News and resources. XTB also offers 24/5 chat support by phone and a 24/7 AI chatbot on its website.
In 2024, XTB acquired an ISA license in the UK to enter the Individual Savings Accounts (ISAs) market. For Polish clients, XTB implemented „IKE“ (Individual Retirement Account) and „IKZE“ (Individual Retirement Security Account) options. In January 2024, the company announced plans to diversify its product line beyond FX/CFD services to include bonds, retirement products, and other investment offerings. By the third quarter of 2024, XTB’s revenue hit $118 million, with a monthly trading volume of $232 billion. In the first quarter of 2020, amid heightened market volatility at the onset of the COVID-19 pandemic, XTB reported record quarterly revenue of $79 million (307 million PLN), surpassing its total revenue for 2019.
- Discover our modern and intuitive platform offering a variety of tools that will help you meet the challenges awaiting the financial markets.
- Traders can generate ideas using scanners and heatmaps and stay on top of economic events directly within the xStation 5 platform.
- The regulator ordered XTB to immediately cease all unauthorized solicitation and warned of imposing daily fines if the company failed to comply.
- Following XTB’s IPO, the Polish Financial Supervision Authority (KNF) examined the company’s activities between January 2014 and May 2016.
XTB Account Types and Their Benefits
Choose from over 2,800 stocks from global exchanges and 300 ETFs on XTB. On top of these CFDs, you will have access to spot trading for stocks, ETFs, and Forex. XTB offers plenty of options for traders, depending on where they are. Fees for spot stocks and ETFs are 0% commission, which means you do not have to pay for making trades.
The platform’s emphasis on real-time data allows traders to adjust tactics mid-session, while historical tracking aids long-term strategy refinement. This layout allows for efficient monitoring and management of active trades, ensuring that xtb.com reviews traders can quickly assess their current market exposure and make adjustments as needed. The xStation 5 platform provides a core selection of order types—market, limit, and stop-loss—with customizable parameters for strategic trading. These features, combined with its web-based accessibility and clean interface, position xStation 5 as a versatile solution for both tactical day traders and strategic long-term investors. Beyond standard offerings, the platform enhances decision-making with sentiment heatmaps, stock scanners, and a dedicated trading statistics tool that provides real-time performance analytics.
Luckily, XTB charges minimal fees for trading any of its instruments. Unlike options, CFDs do not have a strike price or expiration date. The gains and losses can be magnified since CFDs are leveraged trades. These derivatives expose you to large trades with just a small initial investment.
Following XTB’s IPO, the Polish Financial Supervision Authority (KNF) examined the company’s activities between January 2014 and May 2016. By the end of 2024, the total number of XTB clients reached 1.36 million, including 658,500 active clients. By 2023, the company employed approximately 1,000 staff members, operating from offices in 13 countries.
News, analysis, and educational articles are excellent resources that help users become better, more knowledgeable traders. Plenty of breaking news articles and daily recaps allow users to stay on the market 24 hours a day. XTB offers users plenty of around-the-clock customer support, like any good brokerage platform. XTB offers a mobile trading app for Android and iOS operating systems. While there is a bit of a learning curve, the software is intuitive enough that just a few days of trading will help you pick things up.
The platform supports grid-view layouts, enabling traders to track multiple markets at once. It offers real stock and CFD trading in one interface, with extensive tools including advanced charting, depth-of-market (DOM), sentiment heatmaps, and an economic calendar. XTB does not currently provide copy trading, which means users cannot replicate the activity of other traders directly through the xStation 5 platform.