XTB first sprung up in 2002 when it became the first leveraged Forex brokerage house in the Polish market under the name X-Trade. A shift in financial market laws prompted the formation of X-Trade Brokers which then merged into XTB by the close of 2005.
Over a decade later and with multiple branches opened up across the world, XTB.com has managed to scoop a number of awards including the Best Forex Broker in Eastern Europe and Germany.
XTB.com’s Special FX:
One of the standout qualities of XTB’s online brokerage service is that they offer a range of different trading platforms. Whilst they manage to offer the industry standard MetaTrader 4, the also offer browser-based and mobile trading through xStation and xTab.
B removing the need for a desktop-based application, XTB allows FX traders to log-in and trade from any computer in the world. Indeed, with one click trade executions and trading directly from charts, hungry investors can make sure they stay on top of the market from anywhere in the world.
Moreover, the xTab software makes it even easier to trade from you iOS or Android devices. Fully optimised to encompass all the trading data you need, these apps are a great way for users to take advantage of the ever-changing conditions in the Forex market.
Aside from offering trading options for a number of commodities, indices and equities, XTB has created a broad Forex platform with over 60 currency pairs available for trade.
By opening a standard account with XTB you’ll have the option of either a Fixed or Floating platform, meaning you’ll have the option of how much risk you want to absorb. While some traders will choose a fixed spread with charges that range from 2 pips, others will opt to play the market and utilise the floating spread option which presents constantly changing charges.
Each standard account has a minimum deposit of £20/€20/$20 depending on your base currency and offers a range of benefits, including: zero account charges for maintenance, small deal sizes starting from 0.1 lots and 24-hour access to the FX market.
Standard Fixed Account: Spreads from 2.0 pips, maximum leverage 1:100, no commission, minimum deposit of £20/€20/$20 (depending on your base currency), mobile trading available.
Standard Floating Account: Spreads from 0 pips (determined by market prices), maximum leverage 1:100, no commission charges, minimum deposit of £20/€20/$20 (depending on your base currency), mobile trading available.