XTB accounts comparison and the guidelines of account opening selection

XTB will choose a platform for trading before opening account selection

  • MT4
  • xStation

MT4 is recommended because it’s fast and EA can be traded. 

 STANDARDISLAMIC
Execution typeMarketMarket
Available InstrumentsForex, Commodities, Indices, Cryptos, Stock CFDs, ETF CFDsForex, Commodities, Indices, Stock CFDs, ETF CFDs
Instruments1500+1500+
Maximum Leverage:1:500*1:500*
Minimum spread0.50.7
Segregated account's funds
Minimal Order0.010.01
Automated trading
Account setupFreeFree
Trading platformxStationWEB, DESKTOP, MOBILE, TABLETxStationWEB, DESKTOP, MOBILE, TABLET
Account setup & managementFreeFree
Forex, Indices, CommoditiesNo commissionCommission from $10 per lot
Cash StocksN/AN/A
Stock CFDs and ETF CFDsCommission from 0.08% per lotCommission from $10 per lot
SwapSwap Free
CryptocurrenciesNo commissionN/A

* MAXIMUM LEVERAGE IS ADJUSTED DYNAMICALLY* FOR FULL DETAILS PLEASE CONSULT: MARGIN TABLE

Delve into XTB accounts

Account Types

Standard account

Description

  • Trading Forex, no Commission
  • Commission of trading stocks (CFD, ETF CFD): 0.08% per lot
  • This account has swap.
  • Stop out: 30%

Advantage

  • It modifies Stop-Loss (SL) and Take Profit (TP) orders quickly. 

Disadvantage

  • Spread is high, on the average 15 – 25 pips.

ISLAMIC Account

Description

  • Commission of trading Forex: $10 per lot (1 round). 
  • Commission of trading stocks (CFD, ETF CFD): $10 per lot (1 round)
  • No Swap
  • Stop out: 30%

Advantage 

  • No Swap 

Disadvantages 

  • Spread and Commission are very high. 

Summary of XTB

MT4 platform and Standard account are recommended. 

XTB has no MT5 to trade. 

Reference

Writer : Yoda Yoshida

  • Position : Editor
  • Biography : Former waiter to professional traders
  • Experience : 20 years in the Forex industry
  • Goal : To select the best broker for traders.
  • Short greetings : Some things take time to grow.
  • Full biography of the writer, Click >

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