XTB broker is an online broker also known as X-Trade Brokers, that was founded in 2002 and is an online forex and CFD broker based in Europe. The company has offices in 13 European countries such as the UK, Poland, Germany, France, Turkey, Romania, and the Czech Republic.
XTB is a highly ranked broker among the competition which makes it one of the best for Eastern Europe – regulated by some of the world’s leading supervisory authorities such as the FCA, BaFin, CMB, and KNF.
XTB is mainly a forex and CFD broker but depending on the country you are you can also trade with stocks. The platform operates as a global broker with more than 10 offices around the world. The exchange is listed on the Warsaw Stock Exchange which makes it transparent as it updates the financials regularly.
The XTB broker is authorized and is under regulation by multiple regulators including the FCA. The platform is considered as one of the safest since it is listed as a stock exchange and is regulated.
XTB offers quick deposits and withdrawals. There are many options to choose from when depositing including debit and credit cards. The account opening is also very easy and fast. The user interface is inviting and novice users are welcome to use it without any trouble. When opening an account, the process takes minutes and saves up the time. Here you can find great research tools including how the is the market sentiment, the news flow, and the economic calendar.
XTB has a limited product portfolio and provides mostly CFD and FX. The platform has generally low fees by they depend on the account type. A standard account type means that you only pay spreads while the PRO accounts mean that you have to pay commissions above the market spreads.