A broker based in the UK and licensed in Europe, XTB Broker Overview offers CFD trading on forex, stocks, commodities, ETFs, cryptocurrencies and indices. Its platform is designed for both beginners and advanced traders, providing a wide variety of trading tools and features such as charting that supports 39 indicators and studies, plus drawing tools and trade execution directly from charts. There is also a news tab that includes a continuous stream of breaking news, trading ideas, and technical and fundamental analysis.

XTB Broker Overview: Key Information for UK Traders

Traders can open an XTB account with a Standard Account that comes with zero commission on stocks and ETFs (up to a monthly volume), competitive spreads on forex, commodities, and indices, and access to the company’s xStation platform. Traders can also take advantage of free educational resources and risk management tools, such as stop loss and take profit options. All XTB entities offer negative balance protection, and traders in the UK have the added benefit of compensation protection of up to PS85,000 through the Financial Services Compensation Scheme in the event of insolvency.

XTB is a market maker, which means that it acts as the counter-party in all trading operations. This allows for faster order execution, tighter spreads and more flexible leverage. A good selection of trading assets is available, including 50 major cryptocurrencies and CFDs on over 2000 shares from various countries, as well as 33 global indices. I like the fact that XTB categorizes CFD types, which makes it easy to find what you’re looking for.