Environment and platform
It offers its customers the popular xStation 5 platform. It allows access via computer, tablet, and also mobile phone. At the same time, you don't have to download or install anything thanks to the convenient Web Access system. All you need is your internet browser to trade. You can use the advanced charts and technical analysis to make effective trades.
The xStation 5 is characterised by its intuitive operation and high variability, and is therefore especially suitable for more experienced users. Advanced options for setting up charts or market commentary are also an advantage.
The VPS or Virtual Private Server service also has a number of advantages. This allows for the continuous running of all necessary operations, while also providing remote access from anywhere. The broker provides this alternative free of charge for all those who gain volume above ten lots per month. You can then have reports on the latest developments regarding your trades sent to you continuously via email.
You can trade around the clock, five days a week. However, the high liquidity of CFDs in this case is also balanced by a higher risk, and you should keep this in mind during your time on the markets.
What to trade with at XTB
You can trade stocks, commodities, currency pairs, ETFs and stock indices with a total of more than 3,000 instruments via CFDs through the broker. This is with spreads starting from 0 pips, which can also be both variable and fixed, with leverage of 1:30. The minimum transaction volume is then 0.01 lots.
Types of trading accounts at XTB
You can currently create one account. Setting up is free, as is subsequent maintenance. The account provides maximum leverage up to 1:30.
With an account called STANDARD, you will have a full range of all instruments. XTB offers real shares from 2020 onwards without a fee. Trading takes place on their award-winning xStation 5 or xStation mobile platform, where you can trade CFDs on Forex, cryptocurrencies, stock indices, commodities, stocks and ETFs from all over the world. xStation 5 is characterized by its intuitive controls and high variability, so it is especially designed for more experienced users. Advanced options for setting up charts or market commentaries are also an advantage. In addition to devices, the platform can also be used in a smartphone version.
XTB also allows interested parties to try out all of the above account types in demo account mode. The main disadvantage is the limited time you can keep this account open. This is only for 30 days.
Otherwise, you can test your trading skills, check the functionality of different strategies and try out the possibilities of trading platforms. In case you need to use this option, you can make a request to customer support and have your trial account balance adjusted.
Deposits and withdrawals
You can deposit to all account types using three payment methods. The first is the classic account transfer, XTB also allows payment by card. The last option is the online wallet - PayPal. The advantage of the last option is that it is completely free.
You can make deposits in euros, dollars or even Czech crowns. On the other hand, you can withdraw money by logging into your profile or by calling the customer service line.
XTB has its own training academy. This consists of online lessons to help beginners get up to speed and overcome many problems. You will also learn the basic principles of both platforms and learn how to operate them. The academy series is also available for those who have already taken their first steps in the world of trading, but still welcome the opportunity to learn something new.
It is also possible to register to participate in online webinars. These are also broken down by level. They can be used by complete beginners to gain their first experience, but advanced users can also gain new knowledge.
In case you need to resolve any discrepancies or can't find answers to your questions on the website, the broker also provides 24/7 customer support, five days a week, in English of course. In addition, the services of an investment specialist are also available to you.