Report A Scam And File A Chargeback Against Xtb

In any case, the market news should always be checked before a trader in order to increase the probability of winning. We understand exactly how it feels to lose money to these scammers as each of us has been there ourselves. That’s why we’ve set up this website to expose their dirty little secrets so you may not fall for their cheap scam tactics. Sometimes we may also recommend good businesses in case you wish to go for alternative products/services within these same industries. Remember, there are many fraudulent businesses on the internet than you can ever imagine. So always be cautious and do your due diligence before trusting anyone with your hard-earned funds. XTB-Groups.io is a platform that is trading crypto, CFDs, Stocks, Indices, and Forex.

Its minimum spreads are 0.5 with no commission for regular accounts and 0.1 including commission for pro accounts. Clients are guarded against large losses with negative balance protection. It also offers clients 24/5 customer service complete with live chat and support from a dedicated account manager. XTB has provided the traders with the facility of mobile application xStation, which makes it an easily accessible and friendly trading platform. The financial market is at the fingertips of the traders.

Xtb  Metatrader 5

XTB is one of the world’s biggest stock-exchange listed brokers, having offices in 13 countries, including the United Kingdom, Poland, Germany, and France. XTB and its analytical team have received many vital accolades for their services and research. All fees, terms, and conditions must be stated clearly on the website or the contract. The current financial climate, the number of time consumers spend on the internet and the popularity of trading are all factors that have led directly to the increase in scam brokers. The lessons are arranged into basic and intermediate trader levels. The lessons are arranged in such a way that it can be accessed sequentially or randomly.

The account opening process is seamless, hassle-free and quick. – As a trader, we naturally had to do this before trading for real money. A live account or demo account can be opened at XTB in just a few steps. True to the highest security and regulatory standards, the accounts are managed.

Look And Feel

Alternately, you can press the F9 button on your keyboard or go to the “tools” tab by the platform’s top menu. After this initial step, just fill in the relevant information for your trade and submit the information. lexatrade broker reviews Those who trade on MetaTrader 4 with their XTB accounts can choosing from Buy Stop, Sell Stop, Sell Limit, and Buy Limit pending orders. There is also the ability to open a trade with an instant order.

Transaction costs on cryptocurrencies are low when compared to those of other brokers. XTB is a highly regulated and trusted international CFD broker. It offers a wide range of financial products, including cryptocurrency and crypto CFDS, and a great variety of trading tools. XTB has low fees for most of its products as compared to its market competitors, however some of their product lexatrade scammers fees can be higher than average. Deposits and withdrawals are both free, it’s fast and straightforward to open an account, and its interface is appealing and user-friendly. Speaking of trading platforms, the trading platform must be robust and responsive. The broker should have a modern trading platform that is supported by advanced analytical tools and the latest in forex technology.

Xtb Account Signup

For UK and US users, there is also no option to invest in real shares or ETFs (you’ll always have to trade CFDs), unless you’re a resident of one of the EU countries where they operate. What we like the best about XTB is the company’s ability to evolve with the times. Before cryptocurrencies were widely available, the platform concentrated on traditional instruments. Now, CFDs in Bitcoin, Ethereum, Ripple, and Litecoin are available, with the FinTech Awards naming XTB the Best Cryptocurrency Trading Provider 2017.

Platform is good and easy to use specially the hotkeys to execute trades but I’m concerned about the withdrawal process. If you have experienced the following with XTB , it’s more than likely that you have been tricked or are involved in a scam. We therefore advise that you report a scam and file a chargeback against XTB as the first step to recover your funds. Trader Defense Advisory initial consultations are free in nature.

Keep in mind that XTB operates in 17 different countries/regions and also has a separate international version. Each of these has slight differences in spreads, leverage, account types, funding methods, and other intricacies. Unless specified, all of the following information is based on International Accounts.

Research tools are available in many languages, such as English, Arabic or Chinese. However, when we set the platform’s language to English, we still got the news commentary in our own language. The platform has clear portfolio and fee reports, including the profit/loss of each of your positions. lexatrade scam For example, if you want to trade a US stock CFD, just click on the stock type and select the US. Enter your bank account details and the amount you wish to withdraw. You can only withdraw money to accounts that are in your name. XTB’s account base currency selection includes USD, EUR and GBP.

This will give you a new deal ticket and you just have to select Buy or Sell. There are also three methods of placing a trade using xStation, all of which are simple and intuitive. You can do so via the Market Watch window, which opens when you click on the name of a market.

Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary.

Accessing Xtb Group Login Via Mobile App

80% of retail accounts trading CDFs at XTB lose money, so make sure you understand how it works before you start. XTB is certainly a very complete trading platform that offers all the basic functions for trading. It would be nice if they could offer more assets such as ETFs and stocks in all countries, and if the leverage could be adjusted. Our XTB review is very happy with what it found regarding the number of cryptocurrencies available and the level of flexibility. There are currently five available, including the usual suspects and some you may not find on other trading platforms. Bitcoin is obviously available, as is Ethereum and Litecoin, yet XTB provides Ripple and Dash options too. The latter is growing rapidly, yet aren’t as big as Bitcoin et al and aren’t always found at brokerages.

XTB offers some great features that suit both the beginner trader and more experienced users. For a platform with such complexity it performs extremely well in the areas of accessibility and usability.

• XTB is a trusted UK and European market leading brokerage providing online trade solutions, through its headquarters in Poland and London .
• Remember, there are many fraudulent businesses on the internet than you can ever imagine.
• Look at the PDFs and the contracts and make sure all of the rules are clearly stated.
• The xStation5 app does not differ in functions from the desktop version.

This scheme, known as FSCS, provides insurance of up to £50,000 per person if the unlikely scenario occurs and XTB becomes insolvent. You can then earn money for successful referrals, doing so on a monthly basis.

The Online Personal Wealth Awards named the XTB platform the “Best Trading Platform 2016.” The platform provides clients with live market commentary as well as an economic calendar. There is an ultra-fast execution speed and access to advanced chart trading tools. You can use XTB on any device, including your desktop, laptop, tablet, or smartphone. An online broker that does not prioritize meeting the requirements of its customers in a timely and acceptable way may be destined to fail in today’s world. They offer good prospects and a live chat option; the contact choices cover all bases. Clients are also given an account manager who will help them with account-related issues.