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Guide deposit & withdral money from Forex XTB account

XTB is a new Forex platform in the UK and is attracting many users. However, many people still ask how to deposit and withdraw Forex XTB. Is it worth the investment? The answer will be answered right below this article on Forex Trading. Refer now to have a better overview of the XTB floor! 

Is XTB reputable?

XTB has processed hundreds of thousands of transactions every day from many different languages ​​nationwide. This type of floor has licenses from leading European financial management organizations in the world. With decades of operation in the foreign exchange industry, XTB is always committed to providing reputable trading strategy-building services. 

How many people do XTB review to be a reputable and extremely diverse trading floor?  Forex XTB always creates favorable conditions for users with a variety of deposit and withdrawal methods. Bank transfers can be made using Visa, Mastercard debit, and credit cards. Or even bank e-wallets such as Paypal, Paysafe, Paydoo, BlueCash… In particular, XTB offers free deposits by credit or debit card. A maximum fee of about 2% of the amount is applied if using an e-wallet. More noteworthy is that to open a trading account, users do not need to deposit money. 

To open an XTB account, users do not need to deposit money
To open an XTB account, users do not need to deposit money

As for withdrawals, users can withdraw from 50 USD or more without worrying about fees. If you withdraw less than 50 USD, the fee will be 20 USD. At the same time, XTB is committed to processing withdrawal orders quickly, saving time. Make sure the withdrawer can receive the money within 1 business day.  In addition, Forex XTB also applies a number of other special fees. For example, the fee to maintain an account without making transactions within 1 year is 10 USD/month.

How to open a Forex XTB account quickly

To open a Forex XTB account, you can download the xStation application to your phone to log in. Or open an account directly on the XTB website. Below are the detailed steps:

Step 1: Visit the official website of the XTB exchange.

Click on the blue “Create account” button to create an account. 

See more: XTB: The most reputable and quality broker in UK

Visit the XTB website
Visit the XTB website

Step 2: Fill in all required information

Proceed to enter your email and select your nationality. Then, check the 2 boxes below and click the “Next Step” section button.

Enter full email information
Enter full email information

Step 3: Fill in the information in order 

XTB will be asked to create a password and fill in account information, and current address… After completing this step, click “Next” to move to the next step. 

Fill in all information one by one
Fill in all information one by one

Step 4: Verify acceptance of XTB terms

After completing all the information-filling steps, check the “I accept” button to go to the next step.

Accept XTB terms to execute the trading strategy
Accept XTB terms to execute the trading strategy

Step 5: Activate and verify the Forex XTB account

The verification process will be conducted on the xStation application. You just need to log in to your account to get a 2-sided ID as required and record a video to clearly see your face.

Activate the XTB Forex account
Activate the XTB Forex account

Instructions on how to withdraw and deposit money on Forex XTB to create a trading strategy

To withdraw and deposit money into your Forex XTB account to create a trading strategy, you can refer to the following steps: 

How to deposit money into your Forex XTB account to build a trading strategy

Step 1: Log in to your XTB Forex account 

Visit the official website of XTB deposit. Then, click Account Management to go to your account management page.

Log in to your XTB account
Log in to your XTB account

Step 2: Choose the deposit method and the amount you want to deposit 

There are 5 ways to deposit money into an XTB account, including VISA, Skrill, Neteller, and bank transfer. Traders in the UK, use it to plan trading strategies. The method of sending money via VISA is considered the fastest method.

Choose the appropriate deposit method
Choose the appropriate deposit method

Step 3: Choose a bank to deposit money into Forex XTB 

Here, you will have 5 options to deposit money into your XTB account:

  • Micronutrients
  • Bank transfer  
  • Domestic ATM card (NAPAS)
  • Mobile banking application
  • Online banking

You choose the deposit method that suits your needs. Then press next to deposit money into your Forex XTB account. 

Step 4: Log in to Internet Banking and proceed with the process of depositing money into XTB

Please log in to the Internet Banking system of the bank you have chosen. Then, press the button to accept payment and enter the OTP code sent to your phone. So you have completed depositing money into your Forex XTB account.

Instructions on how to quickly withdraw money on XTB

Here’s how to withdraw money from Forex XTB to your account with the 5 most basic steps:

Step 1: Go to the XTB website homepage and log in to your account.

Log in to your XTB account
Log in to your XTB account

Step 2: Select “Withdraw money” -> Then select payment method “Online transfer”

Select the withdrawal item on the toolbar
Select the withdrawal item on the toolbar

Step 3: Add a bank account on XTB to conduct transactions.

Add a bank account
Add a bank account

Step 4: Enter the amount of money to withdraw from your Forex XTB account to your bank account.  

Enter the amount to withdraw
Enter the amount to withdraw

Step 5: Check all withdrawal information, select “Confirm” and wait for the order to be processed.

Check all withdrawal information again
Check all withdrawal information again

See more: Prestige Broker XTB: Elevate position of invest player

A few notes when depositing and withdrawing money from XTB

Note when depositing money into Forex XTB:

  • Account verification: Complete the account verification process before depositing funds. To help the process of building trading strategies be done quickly and safely.
  • Choose the appropriate deposit method: XTB always supports a variety of deposit methods. Each deposit method will have different processing times and transaction fees. You should choose the method that suits your needs.
  • Enter information correctly: Make sure to enter the correct amount and account information for the transaction. 
  • Check carefully before confirming: Confirm transaction information carefully before confirming to avoid errors.

Notes when withdrawing money from Forex XTB:

  • Only withdraw money to the main bank account in your name: XTB does not support withdrawing money to other people’s accounts.
  • Make sure your account balance is sufficient for withdrawal: Your trading account balance must be sufficient to make withdrawals.
  • Note about processing time: Withdrawal transaction processing time is usually 1-3 business days.
  • Fees may apply: XTB waives withdrawal fees for amounts of 50 USD or more. If you withdraw less than 50 USD, you will be charged a fee of 20 USD.
  • Provide complete information: Full bank account information is required to make withdrawal transactions on Forex XTB.

Conclude

In the above article, Forex Trading has told you how to open an account and how to deposit and withdraw Forex XTB. Hopefully after reading this article, you can easily and conveniently implement your trading strategy. If you have any questions during the XTB deposit and withdrawal process. Please contact us directly for the most detailed answers!

FAQS

Is it safe to withdraw and deposit money on XTB?

XTB has received many operating certificates from reputable financial institutions. This completely helps you feel secure every time you deposit and withdraw money on XTB.

How can UK traders withdraw money from XTB?

UK traders can choose to withdraw funds by online transfer.

Can I deposit USD into my XTB deposit account?

The answer is yes, you can use USD to deposit money into your XTB account. 

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