Day Trading With XTB Review
When it comes to Day Trading with XTB, the online trading experience starts with an easy, hassle-free opening process and continues with 24/5 first-class customer support. Traders can also access the platform through their mobile phones and tablet devices, giving them the flexibility to trade anywhere they are. In terms of fees, XTB has no commission for most types of trades and deposits and withdrawals are free as well. The brokerage has a Trustpilot rating of 3.6 out of 5 and actively replies to comments (both positive and negative) which is an encouraging sign that they take customer feedback seriously.
XTB has a wide range of instruments to choose from including CFDs, indices, and commodities. With CFDs, traders can speculate on the price of an asset going up and down – for example popular stocks like Apple, Amazon, and BMW. In addition to these, XTB offers CFDs on over 25 different commodities like gold and coffee as well as shares of ETFs and funds.
Day Trading with XTB: Strategies and Tips
The broker has a comprehensive education center with videos covering topics like technical analysis, trading strategies and risk management. The platform is a good choice for beginners with its straightforward, intuitive interface and there are a number of ways to test your skills with a demo account.
XTB has a good reputation when it comes to regulation with the broker holding licenses with several European regulators such as the FCA in the UK and CySEC in Cyprus. The brokerage is a member of the Financial Services Compensation Scheme in the UK and the Investor Compensation Fund in Europe which gives traders peace of mind knowing their funds are safe.