How much is the withdrawal fee on XTB? How is the overnight fee calculated on XTB? How much is the XTB fee? These are all issues that investors are concerned about every time they trade. To learn more about this issue, read the article below with XForex  now

Update the latest XTB fee today

XTB fee currently includes the following fees: swap fee, also known as overnight fee, and spread. Currently, at XTB some products are free to swap, which simply means there is no overnight fee.

With basic or standard account types, there will be no commission fees. All trading fees of these two accounts are included in the spread. If you trade on margin, there will be an overnight fee.

XTB swap if you trade on margin will be calculated based on volume. Swap is a type of fee that investors need to pay to hold an order overnight. Swap fees vary for each account and are based on the market you trade.

As for withdrawal fees on XTB, investors will have absolutely no fees. Transaction fees when withdrawing money will be calculated based on the exchange rate at the withdrawing bank. Normally, withdrawal time will be within 24 working hours.

Spread is also considered an important fee when investors decide to trade. Let’s take a simple example when you want to trade the GBP/AUD currency pair. The buying and selling price at that time was 1.2976 – 1.2977.

Now we can see that the difference between buying and selling is 0.0001, equivalent to 1 pip. Right now the spread we need to pay is 1 pip.

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Types of XTB fees available today

For each type of account, there will be different fees. Through XTB review, let’s take a look at the differences between standard and pro accounts.

XTB withdrawal fee for Standard account

Currently with XTB, deposit and withdrawal fees for customers are free for amounts of $50 or more. With XTB, investors can deposit and withdraw money through many different methods.

However, for deposit methods, there will be some methods that incur additional fees. Note that XTB does not include any differences in exchange rates with different currencies.

Each country will have different deposit and withdrawal methods. And when depositing and withdrawing, it must be done through the account owner. Any deposit and withdrawal methods through a third party will be refunded.

With the Ngan Luong payment gateway, investors will receive free of charge for any deposits and withdrawals from the XTB exchange. However, the bank you use may charge an exchange rate conversion fee.

Overnight fees on XTB with Standard account

An overnight fee, also known as a swap, is a cost that you have to pay if you want to hold an order overnight. For each market you trade, there will be different costs.

With other exchanges, the swap fee may be a foreign exchange transaction fee. However, at XTB, swap fees are currently free with Standard accounts.

For an order to be maintained, it needs to be traded from day to day. And that trade order needs to be followed by a swap.

This is also known as the amount of interest that will be charged to your credit account. And that profit will maintain your position. You won’t need to waste time calculating because XTB xStation will help you calculate it.

XTB exchange withdrawal fee with Pro account

As mentioned above, currently with the XTB exchange, withdrawal fees for all accounts are free. XTB has main deposit and withdrawal methods: Ngan Luong payment gateway, credit card, and e-wallet.

Any deposit or withdrawal method must be through the owner’s bank account. With the deposit and withdrawal method via credit card, XTB only accepts USD.

With e-wallets, when investors deposit and withdraw money, they will have to pay additional fees. With Paysafe e-wallet, there is a 2% fee of the total transaction value. For the SafetyPay wallet, it is 1.5% and for the Neteller wallet, it is 1%.

All deposits and withdrawals will be kept confidential by XTB. If the customer withdraws less than $50, XTB will charge an additional commission of $30. Processing time is within 24 working hours if the customer still does not receive the money. Please contact the XTB exchange via the Hotline number.

Overnight fees on XTB with a Pro account

With Pro accounts, XTB is also waiving swap fees for investors. However, depending on time, there will be different announcements about the XTB fee. Although there is no overnight fee on XTB, you can also calculate the fee yourself according to the following formula. Swap = ( Exchange rate / one point ) multiplied by Volume and multiplied by Swap value in points

>>>See more: The information about XTB makes many people excited

XTB xStation platform with the most outstanding features 

Currently, the XTB Xstation platform is a trading platform developed by XTB Exchange. With outstanding features and fast processing speed. Xstation promises to help investors have the best trading moments.

What is XTB xStation?

xStation5 is an exclusive trading platform of the XTB exchange. The xStation platform was first launched in 2002 and only XTB investors can use the platform.

The xStation platform is highly appreciated by users thanks to its outstanding advantages.

• Interface design is easy to see, convenient management for investors
• Supports the use of many professional analysis tools
• Order speed is fast, no command errors

With the desire to reach more investors, XTB has launched the xStation platform on computer and phone interfaces. This helps investors use it anytime, anywhere.

Main features of the xStation platform when trading

With modern technology, XTB always improves its trading platform according to trends. Use the latest solutions to deliver the best trader experience.

Wide variety of product designs

xStation allows investors to trade more than 4,000 currency pairs, along with indices and commodities. From there, investors can easily manage and perform transactions according to their preferences.

Interface design is easy to see

To help investors make transactions the most convenient. XTB has designed the xStation platform to be as simple and intuitive as possible. The colours of the graphs match the customer’s trading methods.

Manage the order placement process easily

This platform helps investors easily track fees as well as the most potential trading results. Besides, investors can also adjust the TP and SL levels right on the chart. Open and close all orders with just one simple operation.

Grasp market trends

The xStation platform provides all market information. Helps investors to promptly match orders according to information. Not only that, investors can also create additional filters for their favorite transaction codes.

Conclude

Above is information about the types of XTB fee as well as the xStation platform that XForex wants to introduce. Hopefully, with the above basic information, investors can better understand XTB.

FAQ

Is the XTB exchange a scam?

XForex exchange has many years of establishment in the field of foreign exchange. XTB is protected by the world’s leading reputable financial companies. Investors can feel secure when trading at XTB

What is the minimum deposit required at XTB?

The minimum deposit with XTB is $1 and there is no maximum limit.

How long does it take to withdraw money at XTB?

The system at the XForex exchange will work within 24 hours. After 24 hours, if investors do not receive money, please contact XTB directly.