XTB CFD Review
A contract for difference (CFD) is a derivative financial instrument that lets you speculate on price movement without owning the underlying asset. XTB offers a wide selection of CFD instruments, including currencies (both spot and futures markets), commodities like oil and gold, stock indices, shares, ETFs and bonds. Go here https://www.theinvestorscentre.co.uk/reviews/xtb-review/
Traders will find competitive pricing in the form of floating spreads and no commissions. Moreover, there is an abundance of useful information displayed on the dealing ticket, such as pip value and daily swap costs.
UK traders will appreciate the ability to trade physical stocks on the platform, while those based outside of the country can take advantage of a comprehensive range of CFDs and margin FX products. The broker’s xStation 5 trading interface makes it easy to access a wide selection of assets.
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Withdrawals are processed within one business day. XTB also shies away from tacking on deposit fees, though you will need to be mindful of third-party charges that might apply depending on the method used.
XTB is regulated by the FCA and keeps clients’ funds in segregated bank accounts, protected against the unlikely event of the company going bankrupt. Moreover, customers are covered up to PS85,000 by the Financial Services Compensation Scheme in the UK. In addition, the FCA requires that XTB limit retail Forex leverage to 1:30 for Standard and Professional accounts. Traders with more complex requirements should check out the options offered by competitors.