20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
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X-Trade Brokers (XTB) Review 2024
Minimum
deposit:
deposit:
- 1
Trading platform:
- MetaTrader4
- xStation 5
- xStation Mobile
Minimum
deposit:
deposit:
- 1
Trading platform:
- MetaTrader4
- xStation 5
- xStation Mobile
Trading features:
- Dynamic leverage
- Trading with Expert Advisors
- Availability of a mobile platform.
Summary of XTB Crypto Exchange
XTB is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.36 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by XTB clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. XTB ranks 44 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
X-Trade Brokers is a broker for trading cryptocurrency CFDs. The selection of assets is not as wide as on crypto exchanges, but broker’s clients can use leverage to trade available instruments, while being under the watchful eye of international regulators.
NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
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this post may contain references to products from our partners. Here's an explanation for
How We Make Money.
We are unable to verify the validity of reviews and publish all reviews, both positive and negative,
in accordance with the
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X-Trade Brokers is a Forex and CFD broker offering access to trading more than 2,100 instruments, including 50 cryptocurrencies. The broker has been in the market for over 20 years, servicing 525,000 clients. XTB International Limited is regulated by the Financial Services Commission in Belize (FSC License No. 000302/316). The company is a part of XTB Group, daughter companies of which are authorized and regulated by the FCA (UK), KNF (Poland), and CNMV (Spain). The shares of X-Trade Brokers are quoted at a stock exchange (ticker: XTB). The broker has offices in 13 countries, including the UK, Spain, Poland, Germany, France and others.
| 💰 Account currency: | USD |
|---|---|
| 🚀 Minimum deposit: | No requirements |
| ⚖️ Leverage: | up to 1:5 |
| 💱 Spread: | 0.5%-2.5% |
| 🔧 Instruments: | Cryptocurrency CFDs |
| 💹 Margin Call / Stop Out: | Depends on the client’s country |
👍 Advantages of trading with XTB:
- Licenses of several regulators, deposit insurance by Lloyd’s of London, listing of the company’s shares at a stock exchange;
- No minimum deposit requirement;
- Leverage for trading cryptocurrencies;
- Simple interface of proprietary trading platform;
- A possibility to use MetaTrader 4 for trading cryptocurrency CFDs;
- Bonuses and fee rebate;
- Free analytics and education in trading.
👎 Disadvantages of XTB:
- Many popular cryptocurrencies are not on the list of available assets;
- Passive income options are unavailable to traders who use the proprietary xStation 5 platform;
- Live chat with support is not available on Saturdays and Sundays.
Evaluation of the most influential parameters of XTB
Geographic Distribution of XTB Traders
Popularity in
31.9%
PL
7.2%
ES
5.7%
VN
5.5%
RO
3.8%
FR
3.5%
PT
3.2%
BR
31.2%
Others
Video Review of XTB i
User Satisfaction i
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Expert Review of XTB
X-Trade Brokers (XTB) is an FX and CFD broker that offers access to trading various financial instruments. The company is regulated in several jurisdictions and holds client funds in segregated accounts. The broker offers free educational webinars, provides quality market analytics and pays rebates for the spread to traders with large trading volume.
X-Trade Brokers provides access to trading cryptocurrencies in the CFD format, offering leverage from 1:2 to 1:5 depending on the instrument. The available order types include Market, Limit and pending Buy Stop, Sell Stop, and Stop Loss orders. The minimum deposit can be any amount, but if you deposit USD 400 or more, you can receive a one-time bonus from TU.
X-Trade Brokers has a proprietary trading platform that has been recognized as the best software for trading contracts for differences a number of times. The xStation 5 web terminal features a trade calculator, macroeconomic newsfeed and global economic calendar. The Market Sentiment menu allows traders to monitor the most traded assets, including cryptocurrencies. xStation 5 also features traders’ chat with comments, live broadcasts from the market and updates of events as they appear.
Latest XTB News
25.04.2024
Brokerage XTB, which has so far focused mainly on European traders and investors, is rolling out plans to expand into global financial markets,
04.04.2024
Fintech company XTB, which provides online forex and CFD trading services, has announced an important milestone: the number of its clients has reached 1
01.04.2024
Polish brokerage XTB is looking to expand its financial services to new markets, including those in Asia. The company said it has acquired a 90% stake
29.03.2024
Broker XTB has launched a new service related to social trading. As part of its 2024 development plan, the company aims to provide its traders with the
26.01.2024
Broker XTB, in an effort to increase its influence on the UK market, has expanded its offer with the launch of the Autoinvest feature. Autoinvest
12.12.2023
Dubai-based brokerage XTB has expanded investment opportunities for its clients in the United Arab Emirates (UAE) by opening access to fractional share
16.08.2023
XTB, a brokerage firm, has announced the addition of renowned financial markets analyst Hani Abuagla to its MENA team. Abuagla's extensive experience and
27.07.2023
Polish broker XTB has published its financial report for the first quarter of 2023, where it showed a decrease in net profit.In the period under review,
06.07.2023
Broker XTB announced the expansion of its investment offer for clients from the United Kingdom. Now investors from the UK have access to shares on the 15
Dynamics of XTB’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
Only traders who use the MetaTrader trading platform have access to investment options on X-Trade Brokers. The broker’s proprietary platform does not feature trading automation and passive income options. Also, X-Trade Brokers offers a partnership program that allows traders to earn extra income by referring other traders to the platform.
Automated trading options on X-Trade Brokers
X-Trade Brokers does not offer its own investment solutions, such as PAMM or ready-made asset portfolios. To earn passive income, XTB clients can use standard features of the MT4 trading platform. They are available to all clients of the broker and do not require special knowledge. The information for setting up services and trading apps is available on the MQL4.community website.
MetaTrader 4 options for investors:
Copy trading. It is an option for those who want to copy trading strategies of experienced traders. The trades of the chosen signal provider are copied to the investor’s account automatically;
Expert Advisors (ЕАs). This is software designed for automated trading. There are many types of EAs: semi-automated, automated, paid and free. Each EA trades based on a strategy programmed into it by its developer.
X-Trade Brokers is not connected with the MT4 investment services in any way, and does not recommend specific strategies or expert advisors. The broker provides accounts, access to the trading platform and executes trades. Investors are the ones responsible for the choice of a suitable trader to copy or a robot for automated trading.
Important!
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
X-Trade Brokers Partnership program
Affiliates. The CPA partnership reward ranges from $20 to $600. The reward amount depends on the referral’s country of residence and the class of asset they trade. If a partner wants to receive the fee for every trade of the referred trader, they should choose the SpreadShare plan. Under this plan, the reward is 20% of the fees paid by the referral.
Introducing Brokers (IB). X-Trade Brokers pays a percentage of the spread paid by referred clients to Introducing Brokers.
Partnership programs are not available in all countries.
Trading Conditions for XTB Users
X-Trade Brokers offers a standard account with no commission per lot. They can be opened on the classic MT4 trading platform or the broker’s proprietary platform. XTB accepts and allows to withdraw only the U.S. dollars, while the choice of payment method is rather extensive. Trading fees are floating, depending on the asset and market situation.
1
Minimum
deposit
1:5
Leverage
24/7
Support
| 💻 Trading platform: | xStation 5 (Web), xStation Mobile, MetaTrader 4 |
|---|---|
| 📊 Accounts: | Demo, Standard, Swap Free |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Bank transfers, Visa, Mastercard, Maestro cards, Skrill, Neteller, SafetyPay electronic wallets |
| 🚀 Minimum deposit: | No requirements |
| ⚖️ Leverage: | up to 1:5 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | 0.5%-2.5% |
| 🔧 Instruments: | Cryptocurrency CFDs |
| 💹 Margin Call / Stop Out: | Depends on the client’s country |
| 🏛 Liquidity provider: | XTB Group |
| 📱 Mobile trading: | yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market Execution |
| ⭐ Trading features: | Dynamic leverage; Trading with Expert Advisors; Availability of a mobile platform. |
| 🎁 Contests and bonuses: | Welcome bonus, Cash back rebates |
Broker comparison table of trading instruments
| XTB | Bybit | MEXC | Binance | CoinEx | Bitvavo | |
| Forex | No | No | No | Yes | No | No |
| Metalls | No | No | No | No | No | No |
| Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
| CFD | No | No | No | No | No | No |
| Indexes | No | No | No | No | No | No |
| Stock | No | No | No | No | No | No |
| ETF | No | No | No | No | No | No |
| Options | No | No | No | No | No | No |
XTB Commissions & Fees
Information
X-Trade Brokers does not charge an execution fee for CFD trading. The minimum spread is 0.5%, target spreads are 0.5%-2.5%. The average fee per $1,000 trade is specified in the table below. The fees of payment systems are as follows: Paysafe (Skrill) charges 2% of transaction amount, SafetyPay – 1.5%, Neteller – 1%. Banks may charge commission on deposits and withdrawal with cards and bank transfers. If a client withdraws an amount of more than USD 50, the broker does not charge a withdrawal fee. On withdrawals of less than USD 50, the fee is USD 30. The inactivity fee for accounts that have been inactive for more than 12 months is EUR 10 per month (or a USD/GBP equivalent).
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | $17.5 | Yes |
Comparison of XTB trading fees with fees charged by other brokers allowed TU experts to differentiate them by their fee levels. Low, average or high level corresponds to the level of X-Trade Brokers fees as compared to its competitors.
| Broker | Average commission | Level |
| XTB | $17.5 | Medium |
| Bybit | $20 | High |
| Bitfinex | $0.1 | Low |
Contacts
| Foundation date | 2002 |
| Registration address | 35 Barrack Road, 3rd Floor, Belize City, Belize, CA |
| Contacts |
Email:
sales_int@xtb.com,
Phone: +48 222 739 976 |
Disclaimer:
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
Read also about other cryptocurrency exchanges:
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FAQs
Do reviews by traders influence the XTB rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about XTB you need to go to the broker's profile.
How to leave a review about XTB on the Traders Union website?
To leave a review about XTB, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about XTB on a non-Traders Union client?
Anyone can leave feedback about XTB on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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