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.
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Basic information about XTB. What is XTB?
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.
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
- Forex currency (49 pairs);
- Stock indices (42 indexes);
- Share CFDs (1724 tickers);
- ETF (104 tickers);
- Cryptocurrencies (25 codes);
Leverage at XTB
- 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.