XTB Broker Review
XTB is owned by the largest European FX and CFDs brokerage provider, XXZW Investment. Founded in 2002, it is a tier-1 brokerage regulated by the FCA, making it a trustworthy forex broker.
You can find our transparent XTB review below. Broker reviews are updated frequently!
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Traders rate XTB as one of the best forex brokers for keeping costs minimum. Moreover, with a 50% welcome bonus from the broker, traders can have more buying power and increase their chances for profitability.
It is regulated by FCA, which is the central regulatory body in the UK. FCA has an international reputation for warranting fair market practices to both the parties involved.
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Investing with a brokerage firm regulated by a government agency allows you to focus on trading. You can remove the unnecessary risk of dealing with counterparties.
In addition to forex and CFDs, XTB also offers 48 currency pairs across multiple markets, including cryptocurrencies.
Pros / Cons
- Established Broker
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
The lowest spread is 0.5 pips with no commission for standard accounts and 0.1 pips with a commission for Pro-accounts.
Furthermore, XTB offers many deposit options like PayPal, bank transfers, and credit/debit cards. The cherry on top comes with a 50% welcome bonus.
Also crucial to XTB’s success is its commitment to customer service. They offer live chat support along with 24/7 telephone support.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
Content Writer | Market Analyst
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