Many traders start by trading forex currency pairs, but as they become more experienced, they will look at adding other financial instruments to their trading portfolio. This brings us to XTB, a well-regulated broker that has an impressive variety of tradeable instruments on offer to their clients.
In this article, we will be looking at some of the features and offerings that XTB brings to the table.
Multi-Asset Platform
XTB provides a versatile trading platform, called xStation 5, that enables forex traders to access a diverse selection of financial instruments from one interface. This allows traders to diversify their portfolios and take advantage of different market opportunities all in one place. XTB offers access to over 5800 instruments and with xStation Mobile you can trade wherever and whenever you want. For more about xStation 5 have a look at this XTB broker review.
Forex Trading
XTB offers a range of 57 currency pairs for forex trading, including major (EUR/USD), minor (EUR/AUD), and exotic pairs (USD/ZAR). Traders can engage in currency trading with competitive spreads and leverage options.
Stocks and Indices
XTB facilitates trading in various global stocks and indices, allowing traders to speculate on the performance of individual companies or broader market indices such as the S&P 500, FTSE 100, DAX, and more.
Commodities
Traders interested in commodity trading can access 26 popular commodities such as gold, silver, oil, natural gas, and agricultural products through XTB’s platform.
Cryptocurrencies
XTB caters to the growing demand for cryptocurrency trading by offering 49 crypto pairs. These include Bitcoin, Ethereum, Ripple, Litecoin, and others. This allows traders to participate in the cryptocurrency market alongside traditional financial markets.
Regulation and Security
XTB operates under regulatory oversight from reputable authorities such as the Financial Conduct Authority (FCA) in the UK, the Polish Financial Supervision Authority (KNF), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (FSC) of Belize. South African traders will be onboarded through the FSC, and even though XTB does not hold a licence from the Financial Sector Conduct Authority (FSCA), they are a reputable and well-regulated broker with an excellent trust rating.
Educational Resources
XTB provides forex traders with access to a wealth of educational resources, including trading guides, webinars, mini-courses, and market analysis. These resources are designed to help forex traders enhance their knowledge, improve their trading skills, and assist with branching out to trading additional financial instruments.
Customer Support
XTB offers responsive customer support services to assist traders with any inquiries or issues they may encounter while using the platform. Support is available 24/5 via phone, email, and live chat and they have an open-door policy for their customers at any of their offices worldwide.
Customer support is offered in English, Spanish, Arabic, French, Italian, Portuguese, Russian, Chinese, German, Polish, Czech, Slovak, Romanian, and Hungarian.
Overall, XTB is a preferred choice for traders seeking a broker that offers a wide variety of tradeable instruments across multiple asset classes, coupled with reputable regulatory oversight and excellent support services they are definitely a broker worth investigating further.