In 2018, trader Krzysztof Kramarczyk accused XTB of deliberately slowing his transactions, allegedly causing him USD 1.2 million in losses, and failing to address his complaints. Over five years, the investigative file expanded to 370 volumes, and more than 6,000 clients were questioned and granted victim status. In October 2019, members of the Trading Jam Foundation held a demonstration outside XTB’s Warsaw offices, requesting compensation for retail investors who allegedly incurred losses linked to the company’s actions. In September 2019, the Warsaw Provincial Administrative Court confirmed the KNF’s fine, dismissing the company’s cassation appeal. XTB maintained that the practice affected only 3% of accounts it considered engaged in “scalping.”
By magnifying both potential gains and risks, leverage empowers traders to access larger market opportunities while requiring disciplined risk management. Demo accounts are particularly valuable for beginners, enabling users to hone their strategies and familiarize themselves with the trading platform without risking real money. An important bonus is that XTB assigns its clients a dedicated account manager, offering a personalized level of service tailored to meet individual needs and enhance their trading experience. The alert feature in xStation 5 is a powerful tool for tracking key price levels across multiple instruments, allowing traders to monitor several markets simultaneously. By displaying liquidity and volume at each price point, it allows traders to gauge market sentiment and anticipate potential price movements through real-time supply and demand insights. The platform supports grid-view layouts, enabling traders to track multiple markets at once.
Does XTB offer a demo account?
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.
- XTB does not charge fees for opening a new account or depositing funds.
- The XTB mobile app mirrors the desktop experience, offering a streamlined, user-friendly interface for managing positions and monitoring markets on the go.
- Choose from over 2,800 stocks from global exchanges and 300 ETFs on XTB.
- Make informed trading decisions with latest news push notifications, educational courses and market research tools
- Well, for starters, we’re just real everyday people who like trade stocks.
- Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
What are the FAANG companies and MAMAA Stocks?
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. 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.
He also traded at a couple of different prop trading firms in Chicago. Boasting an extensive operating history, multiple entities licensed by top-tier regulators, and its status as a publicly traded company valued at over $2.3B, it earned a strong trust rating. Scalping stock indices and trading psychology are among the themes covered. The content is beneficial for beginners and provides valuable insights even for seasoned traders.
When reviewing a broker, we assess its suitability for implementing various trading strategies. XTB also excels in market research, delivering high-quality news and analysis from an in-house team, along with a suite of tools such as scanners and heatmaps. XTB, founded in Poland in 2004, has grown into a major player in the forex and CFD space. Manage your funds directly on our platform with free and instant deposit options. Our calculator automates trade calculations and currency conversions.
TRADING STOCKS IN THE BULLISH BEARS COMMUNITY
Test your trading strategies and experience the market without risking your own capital We offer access to stocks and ETFs listed on exchanges worldwide, with the option to invest tax-free through a Flexible ISA With over two decades of experience in the financial markets, we have gained the trust of more than 2 million customers worldwide.
What Is Leverage in Trading?
The XTB website features a Knowledge Base section, which includes articles on technical analysis, trading strategies, and xStation 5 platform tutorials. It covers breaking news, in-depth market analysis, and specific trade ideas. This means that, with an account of $1,000, you can control up to $30,000 in positions in the market. It allows market participants to amplify their positions using borrowed capital, enabling exposure far beyond what their account balance alone would permit.
Regulatory issues in Brazil
Both the xStation 5 platform and XTB mobile app offer one-click trading and trading directly from charts, crucial features for day traders who need to be agile and quickly enter and exit the market. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere. Are you in the market for a new trading brokerage that offers stocks, CFDs, cryptos, and Forex? It offers clients the ability to stay on top of major news stories and gain practical insights from reports written by experienced traders. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks.
Clients can trade over 10,000 instruments, including exchange-traded stocks, ETFs, and CFDs on forex, indices, commodities, shares, and more. XTB provides products, services, and technology solutions for trading various financial instruments, primarily on the foreign exchange (forex) market and through contract for differences xtb.com reviews (CFD). We enable our clients to actively trade thousands of CFDs on currencies, indices, commodities, stocks and ETFs We teach day trading stocks, options or futures, as well as swing trading.
XTB Interest-Earning Savings Account
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. Clients can access over 4,820 exchange-traded stocks and ETFs alongside tools like a built-in stock screener. The highly intuitive xStation 5 platform and XTB mobile app remove the friction from trading, making it a breeze to enter orders, analyze the market, and manage your account. Is a Warsaw-based brokerage firm that provides products, services, and technology solutions for trading various financial instruments, including foreign exchange (forex) and contracts for difference (CFDs).
Each day we have several live streamers showing you the ropes, and talking the community though the action. We know that you’ll walk away from a stronger, more confident, and street-wise trader. That is what our educational trading community is all about. We don’t charge you an arm and a leg for the stock training we give you. We’ve been through the ups and downs in the market and figured out what really matters.
XTB Main Features
- We love the diversity of people, just like we like diversity in trading styles.
- Overall, I find XTB an all-around broker capable of fostering your growth and performance as a trader.
- XTB is an award-winning online platform used by over 1 million investors worldwide.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Overall, I find XTB an all-around broker capable of fostering your growth and performance as a trader. XTB could further enhance its offerings by incorporating algorithmic and copy trading capabilities and providing tighter spreads. The educational and research resources at XTB are strong, and I rate the courses offered by industry experts within the xStation 5 platform as particularly noteworthy. The platform is versatile and supports a wide range of strategies, from scalping to long-term investing. I particularly appreciated built-in tools like the scanner, heatmap, and depth-of-market (DOM).
XTB offers streamlined deposit and withdrawal processes with faster-than-average processing times and minimal fees. I tested agents with various questions, from straightforward to complex/technical, and had a good experience overall. A significant advantage lies in its ability to offer trading in both CFDs and real shares and ETFs, providing users with a versatile range of investment options. XTB provides access to an impressive selection of over 10,000+ tradable instruments—all available through a single login to its xStation 5 platform. XTB is a non-dealing desk (NDD) broker, meaning that trades are executed automatically without manual intervention.
FS are not a separate financial instrument. Opening an account at XTB is completely free of charge. Stay up to date with our daily overview of the market insights brought to you by XTB research team Trade more conveniently with easy to use trading app Get the most out of global markets thanks to access to instruments
Its sleek design makes navigation a pleasure, while standout features like the ‘Discover’ tab provide summaries of trending markets and breaking news to inform decisions. The XTB mobile app earns high marks for its intuitive design and streamlined functionality, enabling agile trading on the go. The xStation 5 platform delivers advanced charting versatility with a comprehensive toolkit for technical analysis. Swap fees in forex were in line with industry standards during my test, whereas swaps for gold were relatively high.
In September 2018, the KNF imposed a fine of PLN 9.9 million (USD 2.7 million), indicating that from January 2014 to May 2015, the broker had not acted in clients’ best interests. In November 2017, Puls Biznesu published an article alleging that XTB engaged in improper practices, referring to the KNF’s report and accusing the company of misappropriating client funds. 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.