XTB Trading Platform Review UK

XTB trading platform review UK customer service that works 24 hours, five days a week and offers support through telephone, email, and live chat. The ability to easily contact a broker is a key feature in the world of online trading and it’s good that XTB has this available to its clients.

Traders will find that XTB has a number of useful tools on the platform such as a calendar of important economic news events along with upcoming dividend announcements and a list of top companies. In addition, a variety of technical indicators and drawing tools are also available. The xStation 5 web platform is intuitive to use and features an extensive selection of markets and instruments.

Stock Shorting Strategies for UK Traders: 2024 Guide

Account opening is a quick and straightforward process that takes minutes according to the broker’s website. Depositing funds via bank wire and credit and debit cards is free. However, e-wallet deposits are subject to fees ranging from 2% for UK residents to 6% for Skrill users in the EU. Withdrawal fees are waived if the account balance is above a specified threshold.

Spreads for FOREX at XTB are competitive. The average spread for EUR/USD on the Standard account is only 0.6 pips, which puts it in the mid-range of brokers when compared to other online FOREX providers. The company also offers a commission-based Pro Account for traders that is suited to those who trade large volumes. XTB’s offering of CFDs is competitive as well and includes the possibility to trade 71 currency pairs alongside a broad assortment of stock market indices, although cryptocurrency trading is currently not available to UK traders due to regulatory constraints.