A standard account charges a minimum of 0.5 pips, while a pro account requires a minimum spread of just 0.1 pips. The platform also provides educational resources and 24/7 customer support. If you want to trade on the XTB platform, there are three types of accounts to choose from: demo, standard, and pro. Both accounts have the same leverage, which is 30:1. Both the Standard and Pro accounts are regulated by the FCA, and they offer an unlimited amount of leverage. The commissions and spreads are extremely competitive. You will be able to earn a commission on every trade, which is an important factor when choosing an account.
Account Types of XTB Broker
XTB offers multiple account types. Their Standard and Pro accounts have variable spreads and no commission. On the Basic and Standard accounts, you can receive notifications by email of any new activity on your account. Using the e-wallet system, you can send an email to your e-mail address or phone number to be notified of new trading activity. You can also use XTB’s risk-management tools in your trading account, including a stop loss and a take profit feature. XTB is an online broker regulated by the FCA.
Founded in 2007, XTB has grown to be one of the most respected and profitable brokerages on the market. The company’s focus on speed and transparency has earned it numerous awards. They were the number one FX brokerage in the EMEA region in Q2 2020 and Q3 2018. In addition to providing high-quality services, a wide selection of financial products and a wide range of trading platforms makes XTB a top choice for many traders.
The leverage level of the xtb account types depends on where you live. For example, if you’re in the EU, you’ll only be able to leverage up to 1:30. On the other hand, if you’re in China, you’ll be able to leverage up to 1:500. In Europe, the standard account has a 0.3-pip spread, while the Pro Account has a 0.2-pip spread. The STP broker earns money through the spreads, so the smallest trade size is equal to the largest size.
What Does XTB Broker Offer?
The XTB platform offers over 50 currency pairs and over 1500 shares of companies. It also offers to trade in major commodities. The account type you choose depends on where you live. Its spread is 0.35 pips, while its commission is 0.28 pips. The minimum deposit is $100. There are no fees, but there are usually a few exceptions. The XTB app does have a pop-up that prompts you when you place an order.
There are three main XTB account types and you can get information about this issue from xtb trading review. For example, the demo version allows you to trade on all asset classes with the same deposit. A standard account requires a minimum of $250. In a standard account, you can place orders for any asset class, and select the leverage level you’d like.
XTB accounts allow you to deposit any amount you wish. Most of the different types of XTB accounts have different spreads. The EU and UK have lower spreads, while the US and Chinese are more restrictive. Traders in the UK and Europe can use a standard account. Those in Latin America can choose between two kinds of standard accounts. The best brokers will be those that provide more trading instruments. This means that you can trade gold, silver, oil, and other commodities. In addition, they should also have the latest trading platforms. The best forex trading platforms are those that allow for quick access to technical analysis, a good security system, and user-friendly software.
XTB offers two types of accounts: standard and professional. The EU’s standard account offers 30:1 leverage. Those in Turkey and China can choose a leverage of 1:500. The spreads are 0.3 pips and 0.2 pips for both the Standard and Pro accounts. Traders in Latin America can choose from a Professional account. The EU has a standard trading platform, but the UK has a standard Islamic account. The latter does not support crypto trading. The XTB standard account has an option to be refunded, which can help you in obtaining your funds.