The company XTB was founded in 2002 and the company headquarters is in Warsaw. The broker has aligned its own product range to trading with contracts for difference and currencies and offers a wide range of underlyings in this area. In addition to these products, the XTB also has a diverse selection of tradable instruments. We want to introduce the Polish broker a little closer and primarily show how new customers can open an XTB demo account.
Those who are curious and want to get to know the broker in detail can easily do so with our XTB experience on this side. This article contains interesting information about the services and the way the broker works.
The most important information about the XTB demo account at a glance:
- At XTB, customers can: a. Trade Forex, CFDs and Shares
- The broker offers three different trading applications: xStation 5, AgenaTrader and MetaTrader 4
- A free demo account is available for each of the trading platforms
- is opened in a few minutes and can be used in full immediately after creation.
Which trading instruments can be found at XTB?
As already mentioned, the broker offers in primarily trading CFDs and Forex. There are a total of 49 currency pairs in the Forex area, and these are both major and minor currencies and exotic currency pairs. The broker also has a lot to offer in the area of indices. There are a number of international indices available, including the US 50, EU 50, DAX 30 or the JAP 225 index.
When it comes to CFDs, then there are hundreds of international securities and there are a total of 21 values for tradable commodities from which customers can choose. There are also thousands of synthetic stocks available for trading. XTB also allows shares to be traded.
Conclusion: The offer of the CFD is very good at XTB, and the range of 49 forex pairs can also be seen
What can you spend $10 on?
These trading applications can be used by traders
XTB provides three different trading applications for trading. One of them is the xStation 5. This application is web-based and no download is required to use it. Trading in shares is also integrated into this platform and a kind of Social Trading is also possible with the xStation 5. With the xSocial function you can copy the trading steps of experienced traders with a few clicks and leave the work to the professionals in this way.
An alternative to the xStation can be found at XTB not only the AgenaTrader, but also the MetaTrader 4 - both as a download - version and in the form of a web-based application. MetaTrader is one of the world's most popular trading platforms. The MT4 owes this popularity to the professional working method, the multitude of technical indicators and analysis tools as well as the diverse possibilities of automated trading.
For every trading platform, the broker also has an XTB iPhone and Android app that allows maximum flexibility and ensures that you always have your own trading account in view and never miss a trade opportunity again.
Conclusion: The trading platforms offered are quite competitive. Both the broker's own trading platform xStation 5, the MetaTrader 4 and the AgenaTrader are convincing in the test.
How to open the demo account at XTB
Both for the xStation a free XTB demo account can also be found for MetaTrader and AgenaTrader. In order to receive such a test account, a short registration is necessary. Simply call up the appropriate form and provide all the required information. This is the full name, email address, telephone number and place of residence. You also select the trading platform and then send the form with a click of the mouse.
You will then receive all the necessary access data by email to the specified address and the demo account has already been created. If you choose MetaTrader as an application for the demo account, no software download is required, because only the web-based version is available. But even with this platform, the user gets a very good impression of the functions and services of the MT4.
Conclusion: The demo account can be opened in just a few steps.
These accounts are also offered by XTB.
In addition to the demo account described, the broker offers three other account models. These differ both in terms of trading options and in terms of the form of the spread:
Basic account: With the Basic account, customers trade with one variable spread. It starts at EUR / USD at a competitive 0.1 pips. The other majors can also be traded cheaply. The leverage is 1: 200 in the middle of the competition. However, such a lever does not necessarily have to be considered negative. On the contrary, this can even be reduced to 1: 100 if necessary so as not to run the risk of overpowering your bets. In the basic account, both foreign exchange and CFD on indices, stocks and commodities. Commission trading costs of 0.8% and 0.10% are incurred when trading in stock CFDs and synthetic stocks.
- Standard: The second account that XTB holds for trade is the standard account. Here traders trade with variable spreads just like in the Bacis account. This is where the majors' spread starts at 0.7 pips on average.
- Professional account: As the name suggests, the third account, the professional account, is aimed at professionals Trader. With this type of account, the traders' directors are forwarded directly so that the order is executed at the best price. In the best case, the spread through the forwarding to the interbank market is 2 pips. However, this type of trading sometimes incurs commission fees.
- Real ECN account: In addition to the three accounts mentioned, XTB previously also offered a real ECN account. The special thing here was that no commissions were incurred, but a flat fee was possible. This started at € 199 a month. From the fees it can already be seen that this form of account was primarily aimed at traders with high trading volumes.
Conclusion: Everyone interested will find a suitable one at XTB trading account. Both beginners who want to start with smaller trading accounts will find it here, as well as professional traders.
Deposit also possible via PayPal
If you have decided to use the demo account in To convert a real money account, you have to make a deposit. With XTB, this is possible in several ways. Particularly positive to mention is the fact that XTB is one of the few brokers to make payments via PayPal. While other brokers prefer Skrill, wire transfers and credit card deposits, XTB relies on the increasingly popular deposit method using PayPal. In the past, deposits by credit card at XTB were sometimes associated with fees, but deposits by PayPal or credit card are now free of charge on the part of the broker.
Conclusion: In addition to the usual deposit methods, XTB also offers the transfer via PayPal. This makes XTB one of the few exceptions that accept this payment service.As an alternative to the very good demo account from XTB, we can recommend the demo account from IQ Option. Although there is only a selection of 5 basic values available to you, the demo account is valid indefinitely and is not tied to any requirements.
Our conclusion on the XTB demo account:
The Polish broker XTB offers trading in foreign exchange, CFDs and shares and has an impressive selection of underlyings available in all areas. When trading, you have the choice between the web-based xStation and the MetaTrader, which is available as a download version and also as a web-based version. For every trading platform there is a free XTB demo account that can be used for 30 days. Registration is completed in a few minutes and the new customer can then begin to familiarize themselves with the broker's trading applications.