Charting is especially impressive on the xStation5 platform. It’s not lightyears ahead of other brokerages, but it is versatile, with strong charting capabilities and one-click trading. The platform itself is easy to use and intuitive.
For risk management, xStation 5 supports direct hedging, permitting simultaneous long and short positions in the same instrument to navigate volatile markets. While lacking automation capabilities, its user-friendly interface and powerful analytical resources make xStation 5 an excellent choice for most traders. XTB’s xStation 5 platform combines intuitive design with advanced features, serving both novices and seasoned market veterans.
Interactive Brokers Review
In September 2019, the Warsaw Provincial Administrative Court confirmed the KNF’s fine, dismissing the company’s cassation appeal. XTB maintained that the practice affected only 3% of accounts it considered engaged in “scalping.” In September 2018, the KNF imposed a fine of PLN 9.9 million (USD 2.7 million), indicating that from January 2014 to May 2015, the broker had not acted in clients’ best interests. In November 2017, Puls Biznesu published an article alleging that XTB engaged in improper practices, referring to the KNF’s report and accusing the company of misappropriating client funds. Following XTB’s IPO, the Polish Financial Supervision Authority (KNF) examined the company’s activities between January 2014 and May 2016. By the end of 2024, the total number of XTB clients reached 1.36 million, including 658,500 active clients.
The regulator ordered XTB to immediately cease all unauthorized solicitation and warned of imposing daily fines if the company failed to comply. According to the CVM, XTB was actively marketing and offering brokerage services to Brazilian investors without holding the necessary regulatory license required under Brazilian law. In May 2023, XTB faced regulatory scrutiny in Brazil when the Comissão de Valores Mobiliários (CVM), Brazil’s financial regulator, issued a stop order against XTB International Limited. On at least one occasion, XTB reportedly did not inform its French clients about a technical problem that interfered with proper order execution. In 2017, after reviewing KNF materials on XTB’s operations between January 2014 and May 2016, Kramarczyk launched a media campaign criticizing the company.
XTB — Where your money works
In his professional career, he worked on managerial positions across various XTB markets including Romania, Italy, the UK, Poland, Hungary and Germany. He has been with the company since 2007, when he started as a sales dealer. Omar is an experienced industry expert, who has significantly contributed to XTB Group’s development. Our mission is to offer solutions that enable our clients’ money to work for them in a variety of ways. We provide our members with courses of all different trading levels and topics.
Global approach with local presence
As of 2024, XTB has more than 1 million users worldwide and offers its platform in most countries. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. He also traded at a couple of different prop trading firms in Chicago. Boasting an extensive operating history, multiple entities licensed by top-tier regulators, and its status as a publicly traded company valued at over $2.3B, it earned a strong trust rating.
Having live chat integrated directly into the xStation 5 platform is a major convenience, allowing for quick support without disrupting the trading experience. A Contract for Difference (CFD) is an agreement between a buyer and a seller to exchange the difference between the opening price and the closing price of a trade. The XTB mobile app offers a robust and feature-rich trading experience designed for on-the-go use, combining powerful functionality with a modern, intuitive interface. Key features like 1-click execution and chart-integrated trading—allowing direct order placement from price charts—ensure responsiveness to market movements.
Meet our management board
Overall, XTB’s mobile app is an excellent example of how advanced trading software is in 2024. Charting can be difficult, but that’s no different from any other charting or trading mobile app. Finally, you can get notified with price alerts directly within the application, which can help you monitor multiple assets simultaneously. XStation5 allows you to look at multiple charts on a single screen and offers nine different timeframes.
Is XTB Safe to Trade With?
- Instead, traders are betting on the direction of the price, and the profit or loss is the difference between the starting and closing prices.
- In 2017, after reviewing KNF materials on XTB’s operations between January 2014 and May 2016, Kramarczyk launched a media campaign criticizing the company.
- However, a notable limitation is the absence of trailing stop-loss orders, which would otherwise enable dynamic risk management by adjusting stop levels as prices move favorably.
- Between 2013 and 2016, Kramarczyk was among XTB’s most active clients, occasionally generating about 5% of the firm’s total retail turnover.
- The platform offers customizable watchlists, allowing users to monitor live quotes for preferred instruments through a streamlined market watch panel.
Within the xStation 5 platform, users can access a variety of educational courses, featuring video lessons from seasoned industry experts like Steve Ward and Tom Hougaard. The volume of content is strong, with multiple reports published throughout the day. XTB’s seasoned research team provides news and analysis via the website and the xStation platform. Traders can generate ideas using scanners and heatmaps and stay on top of economic events directly within the xStation 5 platform.
- The company is also publicly traded on the Warsaw Stock Exchange, reflecting its transparency and financial stability.
- Overall, I find XTB an all-around broker capable of fostering your growth and performance as a trader.
- Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff.
- Leveraged CFD trading and competitive spreads cater to short-term traders, while access to exchange-traded stocks, ETFs, and investment plans makes it a strong choice for long-term investors.
- Discover our modern and intuitive platform offering a variety of tools that will help you meet the challenges awaiting the financial markets.
Additionally, the demo account and availability of micro-lot trading enable new traders to dip their toes in the markets and gain valuable experience with limited risk. That being said, our website is a great resource for traders or investors of all levels to learn about day trading stocks, futures, and options. Additionally, traders can access US and European exchange-traded stocks and ETFs, enabling diverse investment opportunities across global markets. Leveraged CFD trading and competitive spreads cater to short-term traders, while access to exchange-traded stocks, ETFs, and investment plans makes it a strong choice for long-term investors. XTB stands out with its intuitive yet powerful platform, which allows clients to trade real (exchange-traded) stocks and CFDs in one place.
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The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Clients can trade over 10,000 instruments, including exchange-traded stocks, ETFs, and CFDs on forex, indices, commodities, shares, and more. XTB provides products, services, and technology solutions for trading various financial instruments, primarily on the foreign exchange (forex) market and through contract for differences (CFD).
XTB offers plenty of learning resources for traders. It offers full trading capabilities in the palm of your hand, directly integrating with your XTB trading account. Overall, the xStation5 is an excellent trading software that beginners and advanced traders can use. You can easily toggle through your watchlist, trending, and hot stocks or assets, and see any outstanding trades at the bottom in your Open Positions.
XTB was established in 2002 in Warsaw, Poland, where the company still resides. You must ensure it is legitimate before you add your hard-earned money to a new brokerage platform. XTB is an award-winning online platform used by over 1 million investors worldwide. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange.
The company has been in business for over 20 years and has over 1 million global customers. As an educational investing community, we were also impressed by the resources XTB offers. We were even impressed by the mobile trading app, which you cannot say for every brokerage.
By 2023, the company employed approximately 1,000 staff members, operating from offices in 13 countries. In 2024, XTB acquired an ISA license in the UK to enter the Individual Savings Accounts (ISAs) market. For Polish clients, XTB implemented “IKE” (Individual Retirement Account) and “IKZE” (Individual Retirement Security Account) options. In January 2024, the company announced plans to diversify its product line beyond FX/CFD services to include bonds, retirement products, and other investment offerings.
Choose your way to understand the market
I was impressed that the platform features advanced tools like depth-of-market (DOM) and sentiment data. By analyzing these statistics, particularly the win rate and average trade outcome, users gain actionable insights into their risk/reward efficiency and consistency. The xStation 5 platform features real-time trading performance analytics—a dynamic tool that doubles as a comprehensive trading journal. By setting alerts, users can receive on-screen notifications when specific price conditions are met, helping them stay informed without needing constant market surveillance. The xStation 5 platform features a trade management panel located at the bottom of the screen, providing a centralized view of your open positions and pending orders.
Each day we have several live streamers showing you the ropes, and talking the community though the action. We know that you’ll walk away from a stronger, more confident, and street-wise trader. xtb.com reviews That is what our educational trading community is all about. We don’t charge you an arm and a leg for the stock training we give you. We’ve been through the ups and downs in the market and figured out what really matters. What we really care about is helping you, and seeing you succeed as a trader.
It is a risky trading strategy that incorporates margin and leverage trading. XTB is also a publicly traded company on the Warsaw Stock Exchange and is regulated by multiple regulatory bodies. News, analysis, and educational articles are excellent resources that help users become better, more knowledgeable traders.
