XTB Online Trading Review
- The organization offers a fully functional trading platform
- The platform is not well designed.
- There are no trading charting tools or tools for analyzing the market.
Overview
The XTB online trading platform was founded in 2011 by a group of experienced traders who wanted to create an accessible, user-friendly and secure trading platform for all traders. Today, we are one of the largest crypto exchanges in Europe with offices in London, Moscow and Kiev.
XTB is a global online investing platform that provides the most comprehensive selection of goods for trading cryptocurrencies and first-rate cryptocurrency exchanges. There are two types of trading platforms:
FXPIG, IG, and CMC Markets are included in the first group. While the latter two are established players in the industry and are governed, FXPIG is seen as a relatively recent entrant. However, XTB ONLINE trading functions well enough to draw in both novice and seasoned traders.
Bitmex, OKEx, and the Binance Coin (BNB) Exchange are included in the second group. These exchanges are renowned for both their high liquidity and quick transaction execution. In contrast to other businesses, they provide significantly less leverage.
XTB has developed an extensive range of tools allowing traders to navigate their accounts. These include a powerful charting system, news feed, and Live Support 24/7. The platform also offers instant execution, high liquidity, and low fees.This review explains it:
Scam or Legit? Read before opening your account.
One of the world’s oldest and most recognized trading platforms, XTB is a licensed broker. This indicates that the company is subject to regulation by the UK Financial Conduct Authority (FCA), a top-tier regulatory organization tasked with safeguarding investors by ensuring the proper regulation of businesses that deal with money.
Additionally, the London Stock Exchange lists XTB (LSE). All businesses, whether public or private, that are listed on the LSE’s exchange must adhere to its regulations.
Regarding how traders should act while trading cryptocurrencies, the FCA has a variety of guidelines. These regulations are intended to safeguard investors in these markets against fraud and abuse so that they may feel comfortable putting their money at risk without worrying about it being lost.
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Advantages and disadvantages of XTB online trading
- The organization offers a fully functional trading platform .
- The business has a sizable clientele, so that you may locate a range of assets on the market
- They trade their assets daily.
- The platform is not well designed.
- There are no trading charting tools or tools for analyzing the market.
- The XTB app requires a subscription fee, and there are restrictions on the number of trades that can be executed without a subscription.
Trading Platform:
XTB’s top-five trading platforms are:
- MetaTrader 5 (MT5)
- MetaTrader 4 (MT4)
- TradingView
- ZuluTrade