XTB, officially known as XTB Online Trading, was founded in 2002 in Poland, initially operating under the name X-Trade Brokers. The company is headquartered in Warsaw, Poland, and has expanded its presence with offices in various countries, including the UK, Spain, and Germany. As a publicly traded entity, XTB is listed on the Warsaw Stock Exchange, which adds a layer of transparency and regulatory oversight to its operations.
Over the years, XTB has developed a strong reputation in the retail forex and CFD trading space, serving over 1 million clients globally. Its primary markets include the European Union, the UK, and the Middle East, with a focus on providing access to over 5,800 financial instruments, including forex, commodities, indices, stocks, and ETFs.
Key milestones in XTB's history include its rebranding to XTB Online Trading in 2004, the launch of its proprietary trading platform, xStation 5, in 2016, and the establishment of a research department to provide clients with in-depth market analysis. The company has also received multiple licenses from top-tier regulatory bodies, enhancing its credibility in the financial markets.
The business model of XTB is centered around retail forex trading and offering CFDs, allowing clients to trade a wide range of financial instruments with competitive spreads and various account types.
XTB operates under the supervision of several regulatory authorities, ensuring a secure trading environment for its clients. The main regulatory bodies overseeing XTB include:
The licenses held by XTB are valid across different jurisdictions, providing a framework for client protection and compliance with local regulations. XTB maintains a strict client funds segregation policy, ensuring that clients' funds are kept separate from the company's operational funds. This practice protects traders' capital in the event of financial difficulties faced by the broker.
Additionally, XTB participates in investor compensation schemes, such as the Financial Services Compensation Scheme (FSCS) in the UK, which protects clients up to £85,000. The broker also adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to ensure the integrity of its operations.
XTB offers a comprehensive range of trading products, catering to various trading styles and preferences. The broker provides access to:
XTB continuously updates its product offerings, adding new instruments and enhancing existing ones based on market demand and client feedback. The broker also provides retail trading services, allowing individual investors to access the financial markets with ease.
XTB has developed its proprietary trading platform, xStation 5, which is designed to provide a user-friendly and efficient trading experience. This platform is available on both web and mobile devices, offering a range of features, including:
While XTB previously supported MetaTrader 4, it has transitioned to its proprietary platform, which does not currently offer MetaTrader 5. The xStation 5 platform is built to accommodate both beginner and advanced traders, providing an intuitive interface and robust trading tools.
The broker employs an automated execution model, ensuring fast and reliable order processing. Additionally, XTB offers API access for algorithmic trading, allowing traders to implement automated strategies.
XTB offers several account types to cater to different trading needs, including:
The broker also offers a demo account for practice, allowing traders to familiarize themselves with the platform and test their strategies without financial risk. Leverage options vary depending on the account type and the instruments traded, with maximum leverage reaching up to 1:30 for retail clients in the EU and up to 1:500 for clients in other regions.
XTB provides a variety of funding methods to facilitate deposits and withdrawals, including:
XTB's transparent fee structure and efficient fund management processes contribute to a positive trading experience for clients.
XTB is committed to providing excellent customer support and educational resources to enhance the trading experience. The broker offers:
Additionally, XTB offers market analysis services, including daily updates, research reports, and trading signals, to keep clients informed about market trends and opportunities.
XTB operates in multiple countries worldwide, making its services accessible to a broad audience. However, there are certain regions where XTB does not accept clients due to regulatory restrictions. Notable exclusions include:
XTB maintains a presence in various countries, including the UK, Poland, Spain, and Germany, with dedicated offices to support local clients. However, the availability of specific products and services may vary based on the regulatory environment in each region.
In conclusion, XTB broker stands out as a reputable and well-regulated online trading platform, offering a diverse range of financial instruments, user-friendly trading technology, and robust customer support. Its commitment to transparency and client protection further enhances its appeal to traders globally.
FX6459449682
Iraq
I traded with the company and made profits, but the interest rate is very high and they only deduct the interest when I send the amount. I cannot withdraw my amount because they control it.
Exposure
01-20
adrian17
Bolivia
I withdrew my money yesterday and until now I haven't received anything in my Skrill account. I try to contact them but they only send me pre-programmed messages and tell me that it will take time from the bank. But I withdrew from my Skrill account and I try to communicate with my advisor but she doesn't respond to my questions.
Exposure
2024-09-19
FX3957290261
India
Totally Transparency. It's too good
Positive
05-25