XTB

There are over 4,000 assets available for the clients of XTB. This means that the clients of the broker can easily find something that they are looking for. XTB is an excellent broker for those who wish to trade multiple assets from a single account. You can trade Forex, cryptos, indices, stocks, commodities, and more with this broker.

Trading on XTB is usually done through CFDs, or Contracts for Differences, which are very useful instruments for traders who wish to make money without having to invest directly in different assets.

CFDs allow traders to basically speculate on market price fluctuations. For example, let’s say that you have decided to trade with crypto CFDs, it means that you won’t have to worry about where to store your digital tokens. 

Forex trading 

Forex trading is the world’s largest financial market by far. According to some estimates, the Forex trading market’s average daily turnover is around $6 trillion. This is not surprising, given there are always people in different regions of the world who need different currencies and have to exchange them. This means that there is always some kind of demand for currencies around the world, which makes it the most liquid market globally. 

Trading Forex on XTB can be a great option for traders around the world. The Forex broker offers clients access to over 48 currency pairs, which include major, minor, and exotic currency pairs. This Forex broker has worked with the largest and best-known banks to provide traders with the industry’s most competitive spreads and highest liquidity possible.

On XTB, the Forex trading leverage is 1:30. This is in accordance with current global Forex trading regulations. Local regulatory agencies in Europe and Australia prohibit allowing leverage greater than 1:30 in order to protect traders. The spreads traders have to pay will vary depending on the account type you’re using. 

Spreads for major pairings start from as low as 0.1 in most cases. Also, depending on your location, you might be able to use higher leverage, which can go up to 1:400. Currency pairs can be traded on XTB 24 hours a day, five days a week. The broker also offers micro lot trading to Forex traders.

Stock trading 

Over 2100 shares of top corporations are accessible for trading on XTB. Here you can trade stocks using CFDs. The broker’s clients have access to shares from all around the world, including Australia, the United States, the United Kingdom, Germany, and many more.

Clients can also trade outside of business hours allowing traders to potentially make a profit from both pre-market and after-hours prices. XTB clients can trade stocks with a leverage of up to 1:20. 

At XTB, commissions on stock CFD trading are extremely low, allowing traders to make the most out of their investments. While real stocks are not available for everyone, there are some European countries where XTB offers real-stock trading. Investing in real stocks can be a huge advantage for many traders.

Indices trading

Indices are one of the many assets that can be traded on XTB. There are many traders who like to trade indices, especially those who like to get exposure to larger markets with just one investment. When you trade an index, you have the opportunity to gain exposure to the whole market.

Indices combine various types of equities into a single asset, allowing traders to make more diverse and safer trades. The indices are comprised of several stocks. For example, some indices are made up of equities representing specific countries, while others are made up of companies representing specific sectors of the economy.

Traders can receive rapid access to the global stock markets by trading indexes on XTB. There are more than 20 indices that can be traded by the clients of the broker with a leverage of up to 1:20.

Cryptocurrency trading 

Cryptocurrencies have become one of the most popular assets in the world over the last several years. Today, you can trade cryptocurrencies in a variety of methods, but CFDs have become increasingly popular.

This is due to a number of factors. First and foremost, using CFDs for crypto trading is a fantastic method to profit from the market without having to worry about holding your funds in a crypto wallet. 

This happens because you are not dealing with crypto assets directly when you trade crypto CFDs. Simply put, you’re predicting how the price of the underlying asset will move and make decisions according to this prediction. If your prediction is correct, you will make profits. This also allows you to bet against cryptos, not just buy them and hope they go up.

Cryptocurrencies can be traded 24 hours a day 7 days a week and XTB allows traders to invest in over 10 cryptocurrencies, for example, BTC, ETH, DOGE, and many others. The trading costs for cryptocurrencies are very low at XTB, starting at just 0.22 percent.

Commodities trading 

Commodities have long played a huge role in people’s lives throughout history. They have actually been traded for much longer than any other instrument. Clients of XTB can access both soft and hard commodities through its trading platform. Hard commodities are those that should be mined, whereas soft commodities are those that are produced as a byproduct of agricultural activities.

Gold, silver, platinum, crude oil, cocoa, wheat, and many other commodities are available for trading on XTB. The leverage for commodities can go up to 1:500, however, keep in mind that there are some leverage restrictions depending on your location. 

XTB offers a variety of account options. These accounts were developed to ensure that traders of all types could find something that would fit their individual needs the best. 

While there are some Forex brokers available in the market that offer a more diverse array of account types, the ones offered by this broker should be enough for individual traders to make the most out of the Forex trading market as well.

 Standard Account

The Standard account of XTB is called standard for a reason – it offers services that can fit the interests of most different types of traders. Standard account holders have access to all available trading assets, including Forex, commodities, indices, cryptos, stock CFDs, ETFs, and more. 

The spreads on this account start at 0.5, and the leverage can go up to 1:500, depending on local regulations in your country. Traders have access to MT4 and xStation platforms with this account. Setting up the account is completely free. 

Those who open this account have the opportunity to trade using micro-lots, which makes it a perfect fit for beginner traders. If you have just started trading currency pairs and you have recently finished using the demo account, it might be a great idea to move on to using the micro lot version of the standard account. This way, you will be able to get used to the feeling of trading with real-life funds.

 Pro Account

Are you one of the traders with years of experience in the market? Are the offerings of the standard account not enough for your needs? Don’t worry about it, there is a special offer awaiting you on XTB. 

With this account type, traders will be able to enjoy super-low spreads, which start from as low as 0.1 pips. You will also be able to trade using micro lots and you will have access to the xStation and MetaTrader 4 platforms.

Islamic Account

For traders who follow the Quran’s teachings and want to trade Forex without going against their religious beliefs, the XTB Islamic account can be a perfect solution. Participating in activities that entail dealing with interest rates is forbidden under Sharia law, according to the Quran.

When trading Forex, you must pay swaps if you open a position and leave it open overnight. However, you won’t have to deal with these interest rates when you use this type of account. It’s also known as a swap-free account because users don’t have to worry about paying swaps when keeping positions open overnight.