Broker XTB is an emerging forex trading platform currently receiving special attention. The following article, Forex Trading will guide you on how to open an account on this floor. Provide an overview and details about broker XTB, including whether XTB is reputable, to help you make smart decisions before investing. Follow along!
Instructions for opening an account broker XTB on the phone for newbies
To register an account on broker XTB, follow these steps:
Step 1: Visit the XTB website
Visit the XTB account registration page at the link: https://www.xtb.com/

Enter your email and check the box “I agree…”, then click the box “Next Step“.
Select your country and create a password for your account.


Step 2: Fill in personal information
After completing the information, select “Next Step” and fill in personal information including:


- Full name
- Phone number
- Date of birth
- Nationality
- Address
In the “I declare” box, check “I am not a US person“. Fill in the financial collection information, then select “Next Step“.


Enter your home address and city name.


Select currency: USD
Language: english
In the referral code box, enter the number “7567205” to get support in English.
Then select “Next Step“,


Check the “I accept” boxes and select “Next Step” to complete the registration.




Step 3: Download the XTB app to your phone
To activate and verify the account, we need to download the XTB application from the store to our phone.




Step 4: Log in to your account on the app
After successfully downloading the XTB application, we need to log in to the application.




Step 5: Verify account identity
After successfully logging in, we need to verify our XTB account before trading.


We click on the box “Verify Account “.
Next broker XTB will ask to verify your identity documents, click “Upload documents from your phone here”


The verification process consists of two steps: Identity verification and address verification. To start the verification process, select “Start verification”.


Next, we need to check if the information is correct with the information on the documents.


Next, we need to choose a type of document to verify identity. Today, we will guide you on how to verify identity with an “ID card“.


Then we need to upload the front and back of the ID card. You select “NEXT” to go to the next step. Note that the uploaded documents, remember to note that the photo must be clear, with full relevant information.
Step 6: Verify residential address
Next, the platform will ask you to verify the address information you provided earlier. There will be many types of documents for you to choose from.


Once you have selected the type of document to verify, you will need to upload the front of the document. The document must have a clear and accurate address according to the information you provided.
Once you have completed uploading your documents, select “NEXT”. The identity verification steps are complete.


Now you need to wait for the exchange to verify the documents and information you provide. Normally, the maximum verification time is 24 hours. If you want it faster, you can message the exchange’s support staff at Live Chat on the XTB homepage.
What are some notes when opening an XTB Forex account?
When opening a Forex account on broker XTB, you should note the following important points:
- Verify your identity: Have your identification documents ready. For example, your national ID card, passport, driver’s license, or residence permit. Make sure the information on the documents is clear and valid.
- Accurate personal information: Fill in personal information completely and accurately. Including full name, phone number, date of birth, nationality and address. This information will be used to verify your account and contact you later.
- Check your country of residence: Make sure you select the correct country where you reside. Because some countries have different regulations and trading conditions.
- Terms and Conditions: Read carefully and agree to the terms and conditions of broker XTB. This helps you understand your rights and obligations when using the platform’s services.
- Technical requirements: Make sure your device (computer, phone) meets the technical requirements of the XTB trading platform. In order to avoid problems during use.
- Choose the right account type: XTB offers a variety of account types to suit your trading needs. Choose the account type that suits your experience and investment goals.
Broker XTB What types of trading accounts does it offer traders?
XTB only offers one type of live account. It also has limitations compared to other brokers. The account offered is generally more suitable for newbies than experienced traders.
XTB Standard Forex Live Account
Currently, broker XTB divides Standard accounts into 03 types: Standard A, Standard B, and Standard. The difference between these account types lies in the Spread level. Standard A has the highest Spread and Standard has the lowest Spread.
Standard account overview:
- Minimum deposit: $1
- Maximum leverage: 1:500
- Spread Type: Floating
- Spread from (pip): 0.35 pip
- Commission: No
- Minimum volume: 0.01 lot
Virtual account broker XTB Demo
Broker XTB offers a demo account for newbies. It allows users to deposit virtual funds as required and has no specific expiration date. Unless the trader has no activity on his account for more than three months. At that time, the account will be suspended. However, the demo account can be reactivated at any time.
A demo account is a great tool to trade in a risk-free environment. It provides beginners with the opportunity to get acquainted with the broker XTB trading platform.
The nature of XTB accounts is generally more suitable for beginners than experienced traders. Trading costs are generally lower than average. Traders should also note that the use of high leverage and low initial margin can result in a negative account balance.


4 reasons why you should choose broker XTB
Here are four important reasons you should consider when choosing an XTB broker:
XTB – One of the top Forex brokers with high liquidity
The liquidity of a Forex broker broker XTB usually depends on the ability to offer leverage. However, XTB, which is based in Europe. The broker must comply with European Union regulations on trading leverage. This limits the maximum leverage for retail traders. However, professional traders may be allowed to use higher leverage after their status is confirmed.
Transparency and low trading costs also play a key role in creating high liquidity. Broker XTB offers fixed-spread products for major currency pairs. For example, EUR/USD and GBP/USD, along with other products such as indices and commodities. Integrating transaction costs into the spread instead of charging commissions also helps increase liquidity. This also reduces the cost burden for traders.
Transparent customer protection policy on XTB Trading
If it is a scam broker, broker XTB will not implement the best protection policies for customers. Specifically:
- Segregation of Fund Assets: Broker XTB is committed to completely separating client deposits from the company’s general funds. Client deposits are kept in reputable A-class bank accounts. They cannot be used for any purpose other than trading.
- Investor Compensation: Broker XTB maintains a compensation fund by the Investor Compensation Scheme (FSCS). The maximum compensation of the platform can be up to 20,000 EUR according to CySEC. More than 85,000 GBP according to FCA. To ensure the safety of investors in case of problems.
- Insured Account: Broker XTB offers LLOYD’S insurance up to $1 million in case of bankruptcy. The condition for insurance is that the client must maintain a balance of over $20,000 in the trading account.
- Information Security: Trader data is protected by SSL encryption technology and firewalls. All customer information is strictly secured by the exchange. This ensures that it is not compromised or stolen by unrelated parties.
Experts and customers rate broker XTB extremely well
Broker XTB, with over 16 years of experience in the industry and licenses from leading financial regulators such as FCA and CySEC. It is not only one of the leading forex brokers. It is also highly rated by both experts and clients. This positive rating is a result of broker XTB‘s commitment to providing quality services and products. Along with the application of high-security standards and compensation mechanisms for clients.
In addition, the broker XTB also received recognition from the international community. Through winning many prestigious awards. The title “Best CFDs Broker 2019” to “Best Broker in Europe”. Along with that is praise from leading magazines such as Forbes, Bloomberg, and Wealth Finance.
In particular, the partnership with José Mourinho, one of the world’s most famous coaches, underlines XTB’s uniqueness and prestige in the industry. This not only enhances the brand but also demonstrates their commitment to providing the best value and experience to their customers.
Supports XTB xStation Forex proprietary trading platform
The xStation trading platform currently supports 19 languages, including Vietnamese. You can use it on multiple devices such as desktop and mobile devices. The xStation interface is designed to be attractive, professional, and modern. To help enhance the unique experience for platform users. The interface is not only beautiful but also brings a smooth and pleasant experience.
xStation is a proprietary software developed by broker XTB. It has many outstanding features that MT4 does not have. The advantages of XTB Global’s xStation platform include:
- Allows full selection of trading products.
- Provide built-in investment learning resources.
- Easily watch knowledge training videos right on xStation.
- Manage personal accounts, including deposits and withdrawals on accounts.
- Check out some quick forex news and market analysis.
- Integrates multiple forex analysis tools and statistics.
- Manage forex transaction history very fully and in detail. Including a number of transaction orders, profit and loss amount, and drawdown index.
- Closing orders is quick and easy.
- Compatible with many operating systems and devices: web browsers, Macbook, Windows, tablets,…
These features make xStation a powerful and convenient trading tool for users.
See more: XTB: The most reputable and quality broker in UK


Broker XTB What Indicators does it support for traders?
Broker XTB provides a range of tools and indicators to support traders. To help them analyze the market and make trading decisions. Below are some popular indicators that XTB supports:
- Moving Averages (MA): This is one of the most basic indicators. It is used to determine the trend of the market by creating an average line of prices over a certain period of time.
- Bollinger Bands: This indicator helps traders measure market volatility. It also helps identify overbought and oversold areas of a currency pair.
- Relative Strength Index (RSI): RSI measures the strength of a trend. It provides overbought or oversold signals for currency pairs.
- MACD (Moving Average Convergence Divergence): MACD is a popular indicator to identify changes in market trends.
- Ichimoku Kinko Hyo: This indicator provides information about support and resistance. Also provides market trends in an overview.
- Fibonacci Retracement: This tool uses Fibonacci levels to predict support and resistance levels in market trends.
These indicators are part of the technical analysis tools that broker XTB provides. In order to support traders in the process of making trading decisions.
Benefits of Using Indicators in Forex Technical Analysis
Using indicators in technical analysis brings many important benefits to traders:
- Trend Identification: Indicators such as Moving Averages (MA) or trend lines help traders identify the exact trend of the market. This creates highly profitable trading opportunities for traders.
- Identify entry and exit points: The indicator provides buy and sell signals based on market conditions. To help traders identify ideal entry and exit points.
- Identify support and resistance levels: Indicators such as Fibonacci Retracement or Bollinger Bands help traders identify important support and resistance levels on the chart. From there, make extremely effective forex trading decisions.
- Measuring Market Volatility: Indicators like Average True Range (ATR) help traders measure market volatility. This helps traders decide on appropriate position sizes and risk levels.
- Determine stop loss and take profit points: Using indicators helps traders determine stop loss and take profit points based on market volatility and support and resistance levels.
In short, using indicators in Forex technical analysis helps traders better understand market trends and fluctuations. From there, they can make more informed and alert trading decisions.


Instructions for applying effective indicators on broker XTB
xStation 5 on broker XTB offers a wide range of chart analysis tools. To help you build advanced trading strategies. Available tools include:
- More than 34 indicators
- Trend lines and other types of lines
- Equally spaced channel
- Shape
- Fibonacci tool
- Andrew’s Pitchfork
- Regression Line
- Gann Fans
- Label
- Elliott Wave Tool
- Harmonic Model (XABCD)
- Compare charts
You can find these tools on the left toolbar of the chart.
Additionally, you can customize the toolbar to your needs by displaying only the analysis tools you use. To customize the toolbar, simply right-click on it. Then click ‘Customize Toolbar’.


Necessary notes when using indicators on broker XTB
Implementing effective strategies requires discipline and careful planning. Here are some important notes for traders broker XTB:
- Set Realistic Goals: Before making any trade. Set realistic goals based on your investment goals and risk tolerance.
- Monitor Systemic Risk: Always keep an eye on macroeconomic factors such as interest rates, and exchange rates. Also, keep an eye on geopolitical events that may affect your trading.
- Choose a reputable broker: Choose a broker that is regulated by reputable authorities. For example, broker XTB is supervised by the Polish Financial Supervision Authority (KNF). Registered with the Polish National Court Registry (KRS) with the number KRS 0000217580.
- Control your emotions: Fear and greed can cloud your judgment. Keep your emotions in check and stick to your risk management plan.
- Regularly review and adjust your risk management strategy: The market is constantly changing. Therefore, it is necessary to regularly review and adjust your risk management strategy. In order to suit the new forex market situation as it is today.
Conclude
Above are all our objective and detailed reviews of broker XTB. Hopefully, the information shared from Forex Trading will be useful to you. If you have any questions, please leave comments below. We will try to answer you as soon as possible so that you can understand clearly when trading. Wish you successful trading!
Frequently Asked Questions
Broker XTB what is the minimum deposit forex?
With broker XTB, you can deposit a minimum amount of only $1. This means that you can deposit any amount that suits your ability. However, to manage capital effectively and minimize the risk for each trading order from 1-2%. You should start trading forex with an amount of $300 or more.
Should I choose the Pro or Standard account type?
Choosing an account type broker XTB depends on your trading style:
- Pro Account: Has a minimum trading lot size of 0.1 lot with a commission fee of $3.5 per lot.
- Standard Account: Trade with higher spreads. However, it does not charge commissions.
Currently, XTB only offers the Standard account type.
Broker XTB does it have MT4, MT5?
Previously, the broker XTB supported MT4, but now it has stopped registering new MT4 accounts. XTB only supports the exclusive xStation 5 platform. xStation 5 is a great trading platform with a beautiful interface. Fast operations and fast order execution, it is worth your use.