Is XTB Forex a reputable trading platform? This is a question that XForex has received quite a lot recently. There are many rumors that this is a fraudulent trading exchange, let’s find out the details of this issue right away!

XTB Forex and basic information about the XTB Trading platform

XTB Forex is also known as XTB foreign exchange exchange. Below is the most basic information about XTB that every investor should know.

Detailed information about XTB exchange and XTB broker

XTB Exchange is a financial company, providing mainly financial services such as foreign exchange, CFD, stocks, etc. XTB was established in early 2002 with headquarters located in the country of Ba Lan. After more than 20 years of establishment, XTB Broker has become one of the leading foreign exchange trading exchanges in Europe.

By 2016, the exchange was successfully listed on the Polish stock market. After being listed, the company’s shares increased more than 4% with an initial sale price of 350 million USD.

Through 2018, XTB has continued to add strategy with its approach of expanding its range of cryptocurrency pairs. From basic pairs such as BTC/USD, XRP / USD, and DASH / USD, XTB’s foundation becomes increasingly solid.

With the desire and goal of becoming the world’s leading foreign exchange exchange. XTB is increasingly upgrading its services and promotions. To reach and help customers have more experiences.

XTB login is simple

Below are instructions to help you use XTB login most simply and easily. Log in to XTB by selecting XTB login in the top right corner. To be able to log in to your account, you need to fill in your email and password information correctly.

Guide investors to use the xStation platform

Step 1: Log in to the xStation platform of the XTB exchange

The xStation5 platform is designed to help investors trade more easily.

Step 2: Select the market you want to trade

For every investor, there are many choices for investment. However, to ensure time, investors should only choose 1 or 2 markets. XTB Forex offers a variety of products such as:

• Forex
• Goods
• Index
• Stock CFDs
• Cryptocurrency
• ETF

Step 3: Deposit money into your account

If you are a new investor and do not know how much to deposit, you can refer to veteran investors. Depositing money into your account at XTB Forex is simple and fast with many methods.

Step 4: Supplement investment knowledge

Knowledge is very important for all investors, especially new ones because mistakes can easily happen. Whether you trade based on fundamental analysis or technical analysis.

The most important thing is to determine your entry point and take profits when you have set your target. Besides, you can follow market news to update when there are fluctuations.

Step 5: Enter an order

Most new investors will choose to use the “place new order” function. In the order table, there will be a stop loss (Stop Loss) and take profit (TP) section. Your job is to find the SL and TP points, the rest of the software will automatically calculate the index for you.

Step 6: Account management

This is one of the indispensable steps when investing. Capital management and order placement help you earn some money if used correctly. With each transaction, you need to carefully control the transaction volume.

Step 7: Close order

If you want to end the order earlier than the TP or SL point, you can select the X button on the chart. Clicking on it means you have chosen to close the current trading order.

See more: Instructions on XTB open account steps quickly

Is XTB Forex a scam? How to complain about the XTB exchange

Currently, the XForex exchange is one of the most reputable trading exchanges on the market. XTB is licensed and regulated by reputable financial institutions in the world.

XTB certifications and licenses

Since the early days of its establishment, XTB has been strictly managed by regulatory agencies such as FCA, IFSC, or KNF. These are the top financial agencies in the world.

KNF is the financial supervisory authority of the country of Poland. FCA is the British financial regulatory agency. IFSC is also known as International Financial Services.

XTB’s licensors are the leading reputable licensing agencies in the financial industry. Investors can have complete confidence when trading with XTB. Because these agencies all ensure the safety of investors’ deposits and ensure transparency in transactions.

How to complain about the XTB exchange

Although this is an official and reputable trading exchange, errors cannot be avoided. Some people have questioned whether this is XTB a good broker when encountering unsuccessful order placement and deposit and withdrawal port errors,…

If an investor wants to submit a complaint to the exchange, he or she can do so through many different methods.

• Contact XTB directly through the company’s hotline
• Contact via XTB Forex‘s live chat support channel
• Contact XTB via email to receive the earliest support

Types of accounts currently available on XTB

Currently, XTB only focuses on one type of account, which is the Standard account. However, there is also a Demo account to help new investors understand.

XTB Forex Standard Account

This is the most popular account type on foreign exchange exchanges today. Accompanying that are countless features for investors to be most convenient. With this type of account, traders can fully access more than 1500 financial instruments.

The minimum deposit for the Standard account is $250, an amount not too large. Maximum leverage is 1:5000 and spread is 0.5 pips. With this account, you can fully trade on both xStation 5 platforms together.

This type of account is suitable for traders and is very popular in the market. This account is suitable for long-term traders. Or traders who use large capital in trading to take advantage of the benefits that come with it.

See more: Trade safely and effectively on reputable Broker XTB

XTB Forex Demo Account

With demo accounts at XTB, they allow investors to trade without having to deposit capital. This account was established to help customers become familiar with the tools and test the features of the XTB exchange.

When an investor uses a demo account, there will be no loss of profit. Besides, it also helps you use the functions more fluently.

Conclude

With the information shared above by XForex , we hope investors have a more specific view of XTB Forex. When trading at XTB, you do not need to worry about exchange fees or spreads, XTB has the lowest limit for customers. Choose Europe’s leading reputable XTB Trading platform to trade foreign exchange.

FAQ

Is it possible to change the exchange spread?

Investors cannot change the spread at all when trading. Each account will have a different spread for investors to choose from.

Does the XTB exchange have capital regulations?

XTB has absolutely no minimum deposit regulations. Investors can choose to deposit capital depending on their own financial situation. Investors can also consult for the most reasonable amount of capital to deposit.

What promotions does XTB have?

Currently, XTB Forex is having a 50% promotion for customers who deposit for the first time. For example, when a customer deposits $500, he will receive a $250 bonus.