XTB Platform Review
XTB offers a well-rounded range of trading platforms and tools, catering to traders of all experience levels. They have a proprietary platform known as xStation 5, which is designed for day traders and features advanced technical analysis tools, and they also support the popular MT4 terminal for those that prefer to use custom indicators and automated trading systems.
Traders can trade a wide variety of markets using the XTB platform review, including currencies (CFDs on Forex), shares (CFDs on Shares), indices, and commodities. The broker also provides an excellent range of research tools, which includes streaming headline news from a number of top-tier sources, as well as a live economic calendar and market sentiment data. Additionally, XTB has a library of video tutorials and written articles from their team that can help new traders get started with the platform.
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Another nice feature of XTB’s platform is its ability to set up alerts for various events, such as margin calls, deposits/withdrawals, and changes in open or closed positions. These can be sent to traders via email, SMS, or push notifications. The platform also supports a wide variety of deposit and withdrawal methods, from credit and debit cards to e-wallets like Skrill, Neteller, and iDeal.
The XTB website outlines how investor funds are kept separate from the company’s operating accounts, and it stresses that CFDs carry significant risk, with 76% of retail CFD accounts losing money. The broker also provides a handy risk management tool that allows users to calculate their potential exposure and profit/loss scenarios, which can be found in the ‘Trader’ section of the website.