XTB is one of the most popular brokers on the Polish market. Many novice players decide to choose the mentioned platform mainly because of the ease of use and relatively good investment conditions. The broker was established in 2004 and has been providing brokerage services since 2005. The platform is regulated by the Polish Financial Supervision Authority and FCA.
General information about XTB
- Regulation: KNF, FCA
- Type: Market Marker
- Minimum deposit: None
- Account types: Real, Practice
- Negative Balance Protection: Yes
- Commission: click
- Maximum leverage: 1: 30
- Minimum transaction value: 0,01 lot
- Deposits and withdrawals: Visa, Mastercard, PayU, PayPal, Bank Transfer, Blue Media
Types of XTB accounts
The XTB broker offers several types of accounts. Details can be seen below. It is worth noting that the broker complies with the ESMA guidelines, so the maximum leverage it can offer is 1:30 for retail clients. Less leverage means less "borrowing" from the broker, so we have to pay more to the account. My suggestion is to have at least a deposit of PLN 2000 because at the moment the minimum investment value on EURUSD is PLN 142 with a Standard account. This amount increases to PLN 1420 when we choose a Pro account.
XTB platforms
It gets interesting here. While it is normal that the broker offers Meta Trader 4 for more advanced players, it is very glad that the broker has invested in its own trading platform. In my opinion, the latter option is ideal for beginner players who are just entering the world of investment. On the platform we will also find a lot of educational materials in Polish.
XTB support
The broker offers the most support in Polish. Just click in the bottom right corner of the screen on the text cloud icon. A chat will open automatically and we will be able to ask a question that bothers us. In terms of technical support, I have nothing to attach to.
