XTB Day Trading Review

XTB Day Trading Review is a good choice for traders outside the US looking to access forex, commodities and other CFDs with the ability to use leverage to expand their trading positions beyond what they have in their own accounts. Leverage is a powerful tool but it also amplifies profits and losses so should only be used with the right level of risk management in place.

The broker’s own xStation platform is one of the best in class. It features live audio commentary on the markets, a macroeconomic calendar and an extensive video tutorial section that offers lessons from heavyweight traders like Lex van Dam and Jack Schwager. Traders can also find useful tools including a sentiment map, stock scanner, and heat maps to help them research markets. There is also a range of chart types and technical indicators to help traders develop their strategies.

XTB Day Trading Review: Tools, Spreads, and Execution Speed

Another highlight of the xStation platform is the ability to work directly from the charts. Traders can draw their orders directly onto the chart to create market, stop loss and limit trades in just a few clicks. The trades are then created in the dealing ticket automatically.

The company is regulated by a number of top-tier regulators, which adds to the credibility of the broker. Deposits and withdrawals are quick, simple and free of charge for most customers (UK residents pay a 2% fee via Skrill). Customers can trade in a wide range of base currencies. The company also offers a demo account, which is ideal for new traders to get accustomed to the platform without investing any real money.

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