TIC Score 4.6/5
XTB - Unique Trading Platform features
Pros
Cons
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
- Extensive Market Access: XTB provides a broad spectrum of trading instruments, including forex, CFDs on stocks, commodities, indices, and cryptocurrencies, meeting the varied interests of day traders.
- Competitive Forex Spreads: With its notably low spreads in forex trading, XTB stands out for enabling cost-effective strategy execution, which is crucial for maximizing day trading returns.
- Advanced Trading Technology: The proprietary xStation 5 platform, known for its intuitive design, advanced charting, and fast execution speeds, significantly enhances the trading experience.
- Robust Regulatory Environment: Regulated by several top-tier authorities, XTB assures traders of a secure and reliable trading environment, fostering trust and confidence.
- Limited MetaTrader Support: Although XTB's xStation 5 platform is highly acclaimed, the limited availability of MetaTrader platforms could be a drawback for traders accustomed to those tools.
- Inactivity Fees: An important consideration for less active traders is the potential inactivity fees, adding a layer of cost for those not trading regularly.
Fees
Spread: Varies depending on asset and account type. Starts from 0.6 pips for forex.
Commissions: Share CFDs: £0.02 per share.
Other fees: Inactivity fee (£10 after 12 months), withdrawal fees (variable).
Day Trading Tools
xStation 5 platform (advanced platform)
Web-based platform (basic platform)
Advanced order types (including OCO and trailing stops)
Algorithmic trading capabilities
Economic calendar and news feed
