XTB spreads represent the difference between the buying price and the selling price. At the XTB Forex trading platform, price spreads are always kept at a stable level. This helps investors trade to achieve maximum profits. So do you know enough about XTB Forex Spread yet? If not, find out with XForex now!

XTB spread fees are always optimal for investors

For all investors, exchange spread is always a factor of concern. Spread will directly affect the profit that investors achieve.

 What is the XTB spreads fee?

Spread is no longer a strange term for Forex investors. However, not all individuals participating in transactions can understand this definition in detail. Spread is also understood as the price difference between two Buy and Sell orders in the Forex market.

On online stock exchanges, the buyer’s price is always the seller’s price. That’s why if you trade an order and after 5 minutes you close the order. This will cause your account to suffer a loss, which is the spread difference.

Besides spreads, commission fees, and overnight fees on XTB,  XTB commissions are also issues that investors are concerned about. The lower the spread fee, the lower the cost you have to pay for 1 order. The higher the XTB spreads, the higher the fee you have to pay to the broker. However, the XTB spreads is always stable at the best level for investors.

What other fees should we pay attention to besides XTB Spreads?

Besides the XTB  spread fee, the XTB overnight fee is also the XTB Forex fee that many investors are interested in. Overnight fees are also known as swaps or rollovers. This is a fee you need to pay when holding an order overnight.

The main role of overnight fees is to ensure balance between the parties involved in the transaction. This means that both buyers and sellers need to be responsible for contributing profits to each other.

At the XTB spreads trading exchange, there will be two types of overnight fees: overnight buying fees and overnight selling fees. With the overnight buying fee, you will need to pay a sum of money for the currency pairs and hold the order overnight. Paying the swap will allow you to continue to hold your position without affecting your profits.

Swaps are the fees you pay when you sell a currency pair and hold them overnight. This fee is usually applied when you sell one currency at a lower rate than another. Paying the overnight fee will allow you to continue to hold your short position without affecting your profits.

Factors affecting XTB spreads fees

Liquidity in the financial investment market

Liquidity simply means the trading volume of currency pairs, which will affect spread fees. The higher the liquidity, the less difference there will be between buying and selling prices.

With currency pairs like USD/AUD, GBP/CAD, and USD/EUR, the higher the liquidity, the lower the spread. This will attract more investors to participate in trading. On the contrary, with small currency pairs with low liquidity, the spread will be high.

Trading volume per session

If during a trading session, the trading volume is too large, the market will go in the wrong direction. At this time, market makers will have to adjust the spread to compensate for possible risks.

Risks in the economy

Politically and economically unstable countries often have high inflation and poor monetary policy. Making buying the currencies of these countries a high-risk investment. 

Therefore, investors tend to buy at a discount and sell at a higher price to compensate for this risk. This is the cause of the spread being stretched a lot, affecting transactions.

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How to calculate the XTB  spread

Tool to automatically calculate spreads and overnight fees on XTB

The XTB xStation 5 and XTB Metatrader 4 platforms both have systems to automatically calculate spreads and overnight fees (However, XTB MT4 is currently outdated). The computer system will have integrated functions on the xStation platform in the command window. 

This system helps investors not need to calculate fees. It will help you get all the values ​​such as pips, margin,… 

Is it possible to change the XTB spreads?

The current spread fee will depend on the market you trade and the account type you trade. Investors cannot change the spread fee at all unless your XTB spreads change to another account.

Start trading at XTB Forex with the simplest steps

Create an XTB Forex account to receive promotions

Step 1: Access the XTB Forex website: https://www.xtb.com

In the top right corner, select the ” Create Account ” box.

Step 2: Fill in the correct email address and information requested by the exchange.

Step 3: Create a secure password for your XTB account. Note that you should create a password that is easy to remember and meets the requirements of the exchange.

Step 4: Fill in personal information according to the requirements required by XTB spreads

Step 5: Choose the account and platform you want to trade

Step 6: Complete account registration, activate the XTB account, and receive promotions

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

Select the account type you want to use

Currently, XTB spreads has two types of accounts: Standard and Demo accounts. Investors can choose 1 of 2 account types to trade.

Demo Account

Demo is a virtual account set up by XTB for new customers who want to try and experience the trading quality of the exchange. Because this is not a real account, you cannot withdraw or deposit money, you will have a virtual balance in it to “practice” yourself.

Standard Account

Currently, the Standard account is still one of the most recommended accounts for investors. Not only new investors, but even those with many years of experience also love this type of account.

With a Standard account, investors can only use leverage to open trading positions worth more than their capital. Current spreads on the Standard account are competitive. 

The Standard account allows you to trade in a variety of markets including stocks and cryptocurrencies. A surprising point about this account is that it does not require a minimum deposit amount.

Conclude

XTB spreads are currently considered one of the exchanges with low spreads. With the aim of increasingly improving quality, XTB constantly tries and develops. Don’t forget to follow XForex to update more new information.

FAQ

Does the XTB account require a deposit?

When trading on XTB, investors need a deposit when trading.

How long is the XTB demo account valid?

Currently, XTB offers a demo account valid for 30 days.

Is there a fee when withdrawing money at the XTB Forex trading platform?

Investors who withdraw money at the XTB exchange will not incur any additional costs.