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Is XTB a Reliable Broker?

Is XTB a Reliable Broker?

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XTB offers a range of market-leading trading features and is able to cater to both new and experienced traders. Its commitment to impeccable customer service and transparency makes it a top choice for many, while its regulatory adherence adds an extra layer of security for those seeking to trade in the markets.Read more :theinvestorscentre.co.uk

Traders can choose between more than 5,400 instruments on the XTB platform, including currencies (foreign exchange), stocks and shares (ETFs and indices) and commodities such as gold and silver. There’s also the option to short-sell indices, which can come in handy when economic conditions turn bearish. Additionally, XTB’s CFD offerings allow for the quick trading of nearly 160 ETFs, which can be traded as either long or short positions.

Is XTB a Reliable Broker? Key Points for UK Traders

In addition to providing a wide range of trading instruments, XTB has made the process of getting started easy and straightforward. Its website provides clear pricing of different markets and the fees for equity and ETF trading are clearly displayed, while product spreads for CFDs are also available. However, a lack of the ability to manually adjust leverage levels is a drawback for some traders.

XTB supports a good selection of payment methods, including credit and debit cards (Visa, MasterCard, Mastro), e-wallets (Skrill, Paysafe) and wire transfers. Its deposit and withdrawal limits are pretty generous too, and there are no fees for deposits or withdrawals (aside from those imposed by the users’ banks or credit card companies). However, XTB does charge inactivity fees for accounts with no activity for 365 days or more.

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