XTB is a reputable broker that prioritizes regulatory adherence, providing traders with confidence in their trading endeavors. The company maintains transparent management practices, with clearly listed trading fees and account maintenance requirements. XTB also segregates client funds from its operating capital, protecting the assets in the event of the company’s insolvency. Can XTB Be Trusted?
Can XTB Be Trusted? An In-Depth Analysis
Traders who prefer to focus on short-term investments and CFDs may want to consider XTB, especially as it offers zero commissions for spot stocks and free monthly trades for accounts with a minimum deposit of EUR1000. Its transition to longer-term investment products like Investment Plans and direct share dealing in recent years should further appeal to investors.
For those who are just starting out, the XTB platform is user-friendly, with a simplified design that allows for straightforward trade execution. The platform is also designed to support beginners with a range of educational materials and training tools. Those who open a XTB Plus Account can benefit from additional perks including a market analyst consultation, priority access to the trading club, and cashback rebates or discounts based on their traveling volume and location.
Customer service at XTB is available around the clock via email, phone and live chat. Those with higher-level accounts can also benefit from dedicated account managers to assist with specific questions and issues. The broker’s website also features a comprehensive FAQ repository that covers everything from the basics of trading to nuanced account management. The FAQ section is updated frequently and contains answers to most common queries, making it a valuable resource for users.