Is XTB a Reliable Broker?
As a CFDs-focused broker, XTB has an enviable reputation for providing traders with a seamless experience. The firm’s proprietary xStation 5 platform is both easy to use and loaded with powerful trader tools. In addition, the broker offers access to the MetaTrader 4 platform for those who prefer utilizing custom indicators and automated trading systems.URL :theinvestorscentre.co.uk
The platform also features a wealth of educational resources, including detailed FAQ pages and live webinars hosted by XTB’s expert market analysts. Moreover, the company’s support team is available around-the-clock via phone, email, and live chat, although some assets do incur an extra charge for withdrawals of funds of $50 or more (see below).
XTB Broker Review: Reliability and Features for UK Investors
In terms of fees, XTB’s spreads are competitive, especially for stocks and ETFs. Moreover, the company’s market analysis is top-notch, offering both fundamental and technical insights. Other notable features include a slew of research tools, such as a heatmap tool that illustrates real-time price movement and a market sentiment indicator that highlights the percentage of XTB’s clients who are buying or selling a specific instrument. In addition, the company’s economic calendar is comprehensive and features a ‘market impact meter’ that helps traders understand the implications of major news events.
XTB is also committed to protecting its retail investor clients, holding client funds in segregated accounts in line with regulatory obligations. This means that in the UK, XTB’s customers can claim up to PS85,000 through the Financial Services Compensation Scheme in the event of insolvency. The broker is regulated by the FCA in the UK and by CySEC in Europe, further adding to its credibility as an investment partner.