When opening a trading account with an online broker, the main doubts of the users are not so much in the operation or the trading platform but in the deposit processes and especially the withdrawal of funds : Is the broker reliable? Can we withdraw our money without problems? Is it a simple or complicated process? How long does it take to receive the money?
To try to help you resolve these issues, from forexreviews4u.com , we periodically carry out various in-depth analyzes of the main online brokers and we show you step by step our real experience , with screenshots, on how to open an account , the data that you They request, the documentation you must send, the ways to deposit funds and how to withdraw your money .
This time it is the turn of the XTB broker :
How does the XTB online broker work?
XTB (XTB Limited) is one of the leading online Forex and CFD brokers (the 4th largest listed broker). It is regulated by the UK’s FCA (Financial Conduct Authority) and operates low in compliance with the most stringent European investor protection regulations. It provides two main trading platforms: xStation (in web format, a fast, powerful and at the same time easy to useplatform) and MetaTrader 4 (the most popular platform worldwide, with its powerful charting system, technical analysis tools, possibility of using automatic trading systems, …)
It is a versatile broker for all types of traders and that allows trading more than 3,000 different financial instruments : Forex market currencies, raw materials, gold, silver, oil, … and a good number of CFDs on stocks, stock indices, … The spreads are quite low (from 0.9 pips for Standard accounts and from 0.28 pips with commission per lot traded for Pro accounts).
OUR REAL XTB EXPERIENCE :
This real experience is made up of 3 different articles: First we have requested the opening of an account in XTB and passed the verification process by sending the necessary documentation, then we have seen the available forms of income and we have deposited funds . Finally we open and close a position and end up requesting the withdrawal of our money . With these articles you will be able to check in a graphic and detailed way how these processes are carried out in the XTB broker and our recommendations in this regard.
Open an Account in the XTB Broker
We start by filling in the registration form for a new trading account . We will see all the information requested and the steps to follow. Finally we access the XTB “Customer Office” and send the necessary documentation to leave our account activated .
REAL EXPERIENCE: OPENING AN ACCOUNT ON THE BROKER XTB
How to make a Deposit in the XTB Broker
In this second article we will see the payment methods available to deposit money in your trading account and discuss the peculiarities of each of them . Finally we will make the deposit and see how long it takes for the money to be available to start investing.
Withdraw Money in the XTB Broker
In this final article of the series of 3 we start by executing a real trading operation and then we are going to request the withdrawal of our funds consisting of the amount deposited plus a small profit obtained in that operation.
We will see what forms of payment we have to withdraw and what information the XTB broker requests . After completing the withdrawal request we will also check how long it takes for the money to arrive .
We hope that these articles help you discover how the XTB broker works . You can also find on our website the real experiences operating with other brokers ( Examples : How does Plus500 work ? , How does ActivTrades work ? , How does the XM broker work? ).
Later we will continue analyzing and publishing our real experience with more online brokers. If these articles seem useful to you, we appreciate that if you help us share them on social networks with your Tweets, Likes or + 1s
NEW: Discover the tutorial we have prepared on the XTB broker . You can learn step by step , with screenshots, how your trading platform is managed , the available tools and how to open, control, edit and close positions with this online broker.