Detailed evaluation of XTB floor 2022

Possessing dozens of prestigious licenses, listed on the Warsaw Stock Exchange, Poland in 2016 with the stock code XTB, it is enough to show the level of reliability, professionalism and safety that XTB brings to traders.

Basic information about XTB. What is XTB?

First of all, if to briefly talk about XTB, this is not only a regular forex broker but also a liquidity provider.

As you know, with ECN-type exchanges, when opening a position, the exchange will become an intermediary to push your orders to partners providing liquidity to match orders. But when you trade at XTB, you won’t need to wait for orders to go anywhere, because XTB is your level 1 liquidity provider! Thanks to that, the order matching speed is not only fast but also not re-quoted even in the most volatile market.

 

XTB trading
XTB-trading
XTB exchange was established in 2002, in Poland under the name X-Trade Brokers. Then in 2004, X-Trade merged into XTB. Since then, during 17 years of operation, XTB has continuously grown. to become one of the largest forex brokers in the world, with offices located in more than 10 different countries such as: Belize, UK, Poland, Germany, Spain and France.

Certificates and operating licenses of XTB exchange

The licenses that XTB has include:

  • FCA (United Kingdom) – Code: 522157.
  •  BaFIN (Germany) – Code: 121520.
  • CNMV (Spain) – Code: 40.
  • IFSC (Belize) – Code: IFSC/60/413/TS/19.
  • CySEC (Cyprus) – Code: 169/12.
  • KNF (Poland) – Code: DDM-M-4021-57-1/2005.

Currently XTB offers a Standard account

  • Basic information about Account Standard:
  • Minimum deposit: $1
  • Large size max: 1:500
  • Orchid type: Floating
  • Spread from (pip): 0.35 pip
  • Key commission (Commission): No
  • Open Minimum command: 0.01 lot

Products provided by XTB floor

This can be said to be the point that makes XTB really different from many exchanges today, with the number of products being so rich up to 1800 products in all areas such as:
  • Forex currency (49 pairs);
  • Stock indices (42 indexes);
  • Share CFDs (1724 tickers);
  • ETF (104 tickers);
  • Cryptocurrencies (25 codes);
Products provided by XTB floor
Products-provided-by-XTB-floor

Leverage at XTB

The maximum leverage at XTB is 1:500, but depending on the product type, there will be different leverage levels such as:
  • Forex currency maximum leverage 1:500.
  • The maximum leverage for stock indices is 1:200 for popular stocks, for less popular stocks the leverage is 1:66.7.
  • Commodities (such as soybean, coffee, sugar, flour, oil…) maximum leverage 1:333.3, gold alone maximum leverage will be 1:500.
  • Shares CFDs leverage up to 1:20.
  • Types of ETFs CFDs leverage up to 1:5.
  • Cryptocurrency max leverage 1:5.

Support and customer care services of XTB

XTB really has a very professional customer care team. As soon as you complete the registration information, you will receive an email from your account manager. So if you have any problems you can email this support staff directly, they will help you solve all your questions or problems.

Above is our full review of XTB. We hope these reviews are helpful to you.