:

XTB Bitcoin Broker for online Bitcoin Trading


XTB (Bitcoin) is a brokerage where traders can trade with ease of mind. XTB provides a great experience which will satisfy you for sure. As they too added bitcoin recently, we had to check them out and found that trading cryptocurrencies here can be done with ease and comfort!

XTB Bitcoin Broker Review

Unlike certain Forex Brokers that offer Bitcoin, XTB does not treat you as just a number but a valued partner – they aim to establish a long-term relationship with you to help you trade successfully.

XTB was founded originally as a company called X-Trade. The were founded in 2002 and were the first forex brokerage to established itself in Poland.

Today, they have become the 4th largest stock exchange listed forex and CFD brokerage firm in the world. XTB’s operations cover most of the world and they have offices in more than 13 different countries including Poland, France, Germany, Turkey and the UK.

Like most brokers that are located In different countries even continents, they are regulated with different entities in roder to be able to provide legal Trading services to the people in those countries.

They hold licenses at BaFin, CMB, FCA and KNF. They have built a good reputation by winning many awards in the financial world for for example the best trading platform and best service. In short this is a broker you should take serious as much as they are taking  trading and their traders serious.

 

XTB Reliability

Established in 2002 as X-Trade, XTB is one the largest publicly owned forex brokerage in Europe. The broker has its headquarters in London and is regulated by the UK’s Financial Conduct Authority (FCA) as well as various other financial regulatory agencies in Europe such as the KNF, BaFin and CMB. Since they have been in business for over 15 years they have established themselves as a reputed and serious brokerage and as one of the better retail forex brokers in the industry

The regulatory oversight provided by the regulatory entities provides the traders with the insurance that this broker is on the level.

Also in case of a worst-case scenario, the traders are insured under a compensation scheme known as the Financial Services Compensation Scheme (FSCS) for up amount of £50,000 per person. Most of the brokers in Europe that are not under the same regulation will have a compensation insured for around half that amount so this is again something that should give you peace of mind.

Support

XTB offers support to their traders during the entire week that the markets are open. This means 24 hours a day from Monday till Friday. This makes sense if you are a global brokerage that has clients in all regions in the world. Their support is also offered on a local level in 12 different countries.

One of their sales propositions is that they truly believe and implement transparency, especially when it comes to their spreads and trading conditions. This is a broker that will appeal more to the traders that have been shopping around and are looking for a broker that is able to handle their volume and provide trader related service of the quality they expect.

XTB Bitcoin Trading Platforms

XTB has 2 main types of trading platforms for its traders to choose from, the MetaTrader 4 (MT4) platform and the xStation 5 platform.

The MT4 trading platform is the most popular trading platform in the industry and comes with a wide range of trading tools.

They allow expert advisors and their MT4 comes with all the bells and whistles that you are able to get. The platform is of course also available on mobile allowing you to trade on the go and where ever and whenever you want.XTB Bitcoin trading

 

Thou most people prefer to trade on metatrader 4 there are people that feel more comfortable trading on a web-based trading platform. For this, they have the xStation5.

For a web-trader this is one of the better ones in the market and has won several awards. It is extremely fast and includes numerous trading features such as a trading calculator, advanced chart, trader statistics and equity screener.  Of course, this platform is also available in a version for mobile and tablet which would  be a better solution then the MT4 mobile application in our opinion.

Account Types

To make sure that they are able provide everything a traders needs regardless of the level of the trader or investment, XTB offers 3 different accounts   Basic account, Standard account and Pro account.

Basic Account

  • Minimum initial deposit requirement $250
  • Fixed Spread
  • Instant Trade Execution
  • Personal Account Manager
  • Guaranteed Stop Loss

Standard Account

  • Minimum Initial Deposit of $250
  • Floating Spread
  • Market Execution
  • Personal Account Manager
  • Automated Trading

Pro Account

  • Minimum Initial Deposit of $250
  • Market Spread
  • Market Execution
  • Personal Account Manager
  • Automated Trading
  • Commission Applicable

XTB BitcoinCommission & Spreads

The biggest difference between the accounts is actually how the spread is offered and calculated. The minimum spread for major currency pairs such as the EUR/USD starts from as low as 0.0002 pips for the Basic account and 0.00009 pips for the Standard account and 0.00003 pips for the Pro account.

For more information about the market spreads, Traders can check out the XTB’s Price table on their site. The information on the price table is constantly being updated in real time.

Pros of XTB

  • Multiple Account Choices
  • FCA Regulated
  • Low Minimum Deposit Requirement for all accounts
  • Award Winning Trading Platform
  • Cash Back and Refer a Friend Promotion
  • Localized Support
  • Reputable Broker
  • Ultra Tight Spreads

Cons

  • Social Trading Not Available
  • Support only available 5 days a week

In Short this is a premium Brokerage that is above average in every aspect that is relevant to traders. XTB Bitcoin Trading, in addition to the other cryptocurrencies they offer, is one of the better solutions for those looking to start trading cryptocurrencies.

XTB Broker Details | XTB Bitcoin Trading broker details

Broker Details Info
Regulated By FCA
Headquarters United Kingdom
Foundation Year 2002
Publicly Traded No
Number Of Employees 400
Contact Information Tel:+44 (0) 20 3695 3085
Web:https://xtb.co.uk Email:ukservice@xtb.co.uk
Account Type Info
Min. Deposit $250
Max. Leverage 1:200
Mini Account No
Demo Account Yes
Premium Account Yes
Islamic Account No
Deposit Options Credit Card, Neteller, PayPal, Skrill, Wire Transfer
Withdrawal Options Wire Transfer
Trader Level Yes/No
Beginners Yes
Professionals Yes
Scalping Yes
Day Trading Yes
Weekly Trading Yes
Swing Trading Yes
Social Trading No
CUSTOMER SERVICE Yes/No
24 Hours Support Yes
Support During Weekends No
Customer Support Languages Chinese, English, Spanish
Instrument Type Yes/No
Forex Yes
Commodities Yes
CFDs Yes
Indices Yes
ETFs Yes
Stocks Yes
Cryptocurrencies Yes
Bonds Yes
TRADING SERVICES Info
Supported Trading Platforms MT4
Commission On Trades Yes
Fixed Spreads Yes
Educational Service Yes
Trading Signals Yes
Email Alerts Yes
Guaranteed Stop Loss Yes
Guaranteed Limit Orders Yes
Guaranteed Fills/Liquidity No
OCO Orders No
Trailing SP/TP Yes
Automated Trading Yes
API Trading Yes
Has VPS Services No

Bitcoin Brokers List | Resources and Industry Relevant Sites

Trading Forex, Stocks and CFDs carries risk and could result in the loss of your deposit, please trade wisely.