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Best XTB Review UK

Best XTB review UK is one of the most popular global CFD brokers. Their platform is packed with features and is very intuitive to use. They also offer competitive pricing and high levels of regulation, making them a good choice for traders who are looking for a safe place to trade online. However, there are some issues that XTB needs to address to attract more users and keep them happy, such as their lack of diversity in account types and withdrawal fees.

The company is based in Warsaw, Poland and serves over 900,000 clients worldwide. It is regulated by the FCA in the UK and is listed on the WSE, which ensures transparency as the firm’s financial accounts are published publicly. XTB is also a member of the FSCS, meaning that should the company go out of business, customers’ funds will be protected up to PS85,000 per person.

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Opening an account with XTB is straightforward and should only take minutes according to the broker’s website. After submitting basic ID verification documents, depositing money is simple. The broker offers multiple deposit methods, including bank wires and e-wallets such as Skrill, Neteller, Paysafe and SafetyPay. However, the selection of deposit options varies by region.

Traders can access the XTB platform via their web browser or through the universal MT4 downloadable trading app. The broker’s proprietary xStation 5 platform is powerful and reliable, with trades being executed in 85 milliseconds on average. The broker offers two account types: the spread-only standard account and the commission-based Professional account, which is reserved for clients who meet certain criteria.