What is XTB? XTB is a famous name in the world of finance and investment. This is not only a place to conduct transactions on the global market but also provides an extremely valuable source of knowledge. With more than 20 years of experience, XTB has built a large and diverse investment community. Join XForex to explore the world of XTB and learn how you can make the most of your investment and trading opportunities.

What is XTB trading platform?

XTB, also known as X-Trade Brokers, is one of the leading trading exchanges in the world founded in 2002. XTB provides online trading services with many products. Including forex, stocks, cryptocurrencies and commodities. The outstanding product of XTB is the xStation trading platform. Highly appreciated by the investor community for its features and performance.

Overview of XTB exchange

In the journey to explore the what is XTB exchange, we will start from the starting point of the exchange. Why can XTB become an important name in the financial trading industry? In addition, information about account types, the xStation trading platform, and special features of XTB are also compiled in detail so that you have a clear view when investing.

Starting point of XTB exchange

XTB exchange was founded by Jakub Zablocki and Jakub Kubacki in Poland. From a small company to providing advanced trading services. XTB has become one of the largest exchanges in Europe and globally.

Who founded XTB?

XTB has branches in many countries around the world to provide services to local investors. XTB branch is a commercial representative of the XTB exchange. Established to serve investors and traders in Vietnam.

Individuals and organizations managing XTB exchange

XTB is listed on the Warsaw Stock Exchange and has a strong board of directors. Joshua Raymond is the Chairman of the Board of Directors and Omar Arnaout is the CEO of the company.

XTB is licensed to operate and is regulated by regulatory agencies such as FCA and KNF. Helps ensure safety and compliance in transactions.

Objectives and operating strategies of XTB exchange

XTB platform with competitive goals and operating strategies. Bringing the best experience to investors participating in transactions.

The goal of the XTB exchange

What is XTB goal? One of the important goals of XTB is to meet and exceed customer expectations. XTB provides high-quality trading tools and services to help clients achieve their investment goals.

Besides, the XTB exchange is always looking for improvement and service development. And invest in technology and research to always be a pioneer in the field of online trading.

Operational strategy of XTB exchange

• Focus on education: XTB offers a wide range of learning materials and educational tools. To help customers better understand the market and develop trading skills.
• Advanced technology platform: XTB uses an advanced technology trading platform. To provide customers with the best trading experience, typically the xStation platform.
• Diversification: XTB exchangeing offers multiple product and market options. Allows customers to diversify their investment portfolio.
• Global growth: XTB has expanded its network worldwide to serve customers in many international markets and diversify investment opportunities.

Types of accounts what is XTB?

New investors need to learn about account types on what is XTB? From there, choose a trading account that suits your personal needs and goals. Here are some popular account types of XTB:

XTB demo account

This is a test account that allows investors to experience trading on the XTB platform with virtual money. Demo accounts help you get acquainted with the tools and explore trading strategies without risking real investment capital.

XTB Standard account

This is the only account type of XTB at present. This account allows trading financial products such as Forex, CFDs, stocks, and commodities with real money.

• Minimum deposit: $1
• Maximum leverage: 1:500
• Spread: 0.35
• Commission: No
• Minimum volume: 0.01 lot

xStation platform what is XTB?

While most exchanges mainly use the Metatrader platform, XTB has developed its own trading platform with many features, xStation.

XTB xStation Tools

So xStation what is XTB? This is one of XTB’s famous trading platforms. XStation has all the necessary tools for market analysis and transaction management such as:

• Live Price List: Shows buy and sell prices along with a real-time price chart. Allows investors to monitor the market and make transactions instantly.
• Custom Charts: XTB xStation offers a variety of chart types, including Japanese candlestick charts, line charts, bar charts, and Renko charts.
• Technical Analysis Tools: XTB xStation comes with technical analysis tools such as technical indicators, moving averages, MACD, RSI, and many more that help investors evaluate market trends and points to make trading decisions.
• Market information and news: The platform provides daily market information and important economic news to keep investors updated with important financial events and understand their impact on the market.
• Trade from mobile: XTB xStation also has a mobile application that allows investors to trade and check the markets anytime and anywhere from a mobile phone or tablet.

These tools help investors make the most of market information and make smart transactions on XTB’s xStation platform.

Advantages of xStation What is XTB?

XTB’s xStation trading platform demonstrates flexibility through compatibility with many different smart devices, including mobile and desktop with a variety of operating systems such as Android, iOS, Windows, and Mac OS.

xStation’s design is simple, user-friendly, and intuitive, helping both new and experienced users use the platform with ease. This means you can easily access more than 2,000 financial products in the global market with just one app and one account.

Trading on xStation is also more convenient with the ability to quickly deposit and withdraw money through the software system. The platform allows you to monitor fees and potential trade outcomes before placing an order, along with the ability to adjust trading levels directly on the chart and close all open orders with one action simple.

In addition, xStation also provides an integrated knowledge system, helping you understand market information and learn. The platform’s statistical and data analysis tools help you make smart trading decisions, along with features like Market Depth, Stocks Scanner, and Market Sentiment for investors.

>>>See more: Simple instructions for XTB sign up on your phone

XTB fees

Types of fees on what is XTB? XTB has a range of fees that may apply to transactions and other activities on the platform. Here are some important fees you need to keep in mind:

• Spread Fee: This is the difference between the buying price (bid) and the selling price (ask) when you open a trading position. Spreads are usually calculated in pips (points) and are an important part of XTB’s revenue.
• Swap Fees: XTB may apply swap fees to trading positions opened overnight. This fee depends on the interest rate difference between the two currencies you are trading.
• Withdrawal or deposit fees: XTB may apply fees for withdrawing or depositing funds into your trading account. This fee may vary based on the payment method you use.

How to calculate commission on XTB?

How commissions are calculated on XTB depends on the type of account you are using and the product you are trading. XTB usually calculates commissions by applying a percentage or a flat fee to each trading order or per lot traded.

XTB does not charge commissions on Standard accounts unless you trade stock CFDs or ETFs. Instead, you will pay a certain price premium, which can vary with the market.

If you trade spot shares on XTB and the total trading volume exceeds 100,000 euros in a month, you will have to pay a commission. Note that spot share trading is only available in Europe.

What is the reason for the popularity of what is XTB?

XTB is famous for a combination of factors, including a powerful trading platform, quality services, and a history of success in the financial trading industry. Therefore, XTB has now become one of the leading and famous trading exchanges in the international financial market.

Compare XTB with other forex exchanges

When talking about trading platforms, one of the most important decisions is choosing one that suits your needs and goals.

XTB is known for its powerful xStation trading platform, which is highly rated for its features and performance. Compared to other platforms, xStation has a user-friendly design and can be used on multiple devices.

Fees and spreads are an important part of trading. XTB does not charge commissions on standard accounts, instead, they charge fees through spreads. Compared to other exchanges, this may result in lower or higher trading costs, depending on the market situation and your trading style.

Service quality of XTB

Service quality is an important factor in choosing an exchange. XTB Vietnam has built a solid reputation for providing quality services to investors and traders in Vietnam.

Evaluate the XTB exchange support team

XTB’s support team is highly appreciated for its professionalism and extensive knowledge of the financial markets, always ready to answer all questions and provide support during the trading process. This increases customer trust, providing a smooth trading experience.

Policies for XTB exchange customers

What is XTB ‘s customer policy? XTB places great emphasis on transparency, security, and convenience. XTB is committed to providing clear information about products, fees, and trading conditions to help users understand before they start trading. They ensure the safety of customers’ personal and account information through advanced security measures.

XTB is also compliant with legal regulations and is supervised by reputable financial authorities. To ensure compliance with quality standards and industry regulations. XTB’s professional support team is always ready to answer any questions and help during the trading process, ensuring that customers have a smooth and safe trading experience.

XTB is the world’s leading reputable trading platform

XTB is recognized as one of the leading reputable exchanges in the world. This is demonstrated through its more than 20-year history in the financial industry, the reputation the platform has built in the trading community, and strict supervision from reputable financial agencies.

Achievements of XTB

During more than 20 years of operation in the field of financial investment, XTB has received many important awards and recognition from the trading community. These awards include:

• The “Best Order Execution Broker” award was awarded by Technical Analysis Exhibition.
• Award “Best forex trading platform in Poland” from Invest Cuffs.
• Awarded “Best forex trading application” at Rankia Awards.
• “Best low-cost forex broker” award by Investopedia.
• “Best NDD Forex Trading Broker” award organized by Online Personal Wealth Awards.

What is an XTB Partner? How to become an XTB Partner?

XTB Partner is a partner program offered by the XTB exchange for those who want to cooperate to introduce and promote XForex services.

Are what XTB exchange partner groups?

Below are some of XTB’s main partner groups:

• Introducing Broker (IB): These are the official introducing partners of XTB. They refer clients to XTB and receive commissions or commissions based on that client’s trades.
• Money Manager: Money managers or investment funds can cooperate with XTB. To manage the trading accounts of multiple clients and be able to receive commissions from the profits generated.
• White Label Partners: XTB provides White Label solutions for financial institutions or businesses looking to launch their own trading services. Based on XTB’s infrastructure and technology.
• Affiliate Partners: This audience is usually websites or online projects with significant traffic. They join the affiliate program and refer customers to XTB to receive commissions from the transaction.
• Professional Partners: Professional partners operate with large capital and mass transactions. XTB provides customized solutions and support to these partners.

Benefits of becoming an XTB Partner

XTB Partner has the opportunity to earn income from referral customers. You will receive a commission. Or commissions based on their transactions. This can create a steady stream of income from XTB. And there is great potential if you can advertise and showcase effectively.

How to register to become an XTB Partner

To become an XTB Partner, you need to take the following steps:

Step 1: Visit XTB’s official website and navigate to the partner registration section: https://www.xtb.com

Step 2: “Join now” now to register as a partner of the exchange.

Step 3: Fill in the information in the XTB Forex exchange partner registration form

>>>See more: Learn how to sign up for the XTB affiliate program

When to open an XTB account to receive incentives?

Investors who open an XTB account will receive attractive incentives from programs such as:

XTB Bonus 2023 – Welcome 50% unlimited deposits. This promotion is for new customers when registering and depositing money for the first time at XTB. You will immediately receive 50% of the initial deposit value into your trading account. In particular, you can withdraw the bonus after completing the specified number of trading lots. Within 60 days from the date of account registration.

In addition to the above incentives, XTB also organizes other promotions from time to time. And special events. You can update the latest information on the exchange’s website or social networks.

Instructions for opening an XTB account

Instructions for opening an XTB account in 5 minutes:

Step 1: To start the XTB account opening process, visit the XTB homepage:  https://www.xtb.com

Find the ” Create account “: button in the right corner of the screen.

Step 2: After clicking the “Open account” button, you will be redirected to the registration page. Fill in your email and click “Next”.

Step 3: Next, you need to fill in personal information including your full name. Phone number, date of birth, nationality, and address. Make sure this information is accurate and matches your identification documents. If you have US citizenship, you need to fill out a FATCA declaration.

Step 4: Carefully read XTB’s terms and regulations. Then press “Accept” to continue the registration process.

The system will send a notification of successful XTB account opening and ask you to activate the account. You just need to click on the sent link. Then follow the instructions to complete the account opening process.

Epilogue

Above, XForex has shared the concept of what is XTB  and an overall review of the exchange so you can learn before investing in the financial market. Besides, if you are interested in the issue of XTB deposit methods, remember to follow our following sharing article. Wishing you reap profits and success with XTB!

FAQ

What types of trading accounts does XTB have for traders to use?

XTB offers only one main account, Standard.

How to open an XTB account?

To open an XTB account, you need to visit the XTB homepage and register for a new account. Fill in personal information and read and accept the exchange’s terms.

Does XTB have any promotions for new customers?

XTB has a promotion program “XTB Bonus 2023” for new customers. Allows them to instantly receive 50% of the initial deposit value into their trading account. The bonus can be withdrawn after completing the specified number of trading lots.