XTB for Beginners: through Contract for Differences, traders speculate on price movements in a variety of financial instruments like forex, indices, commodities and company shares without owning the assets. XTB offers the ability to trade 48 currency pairs, along with more than 20 global stock market indices and commodities like gold and oil. Traders can also invest in company shares with the option to receive dividends and potentially acquire ownership stakes in the businesses they invest in, a form of investing that’s better suited for investors with a longer investment horizon.
XTB for Beginners: Getting Started with Trading
Education: XTB’s extensive range of educational materials includes a comprehensive Knowledge Base section, which covers topics ranging from risk management and trading strategies to xStation 5 platform tutorials. This is complemented by an impressive library of video courses from industry experts and interactive live webinar events.
The broker’s website offers several useful tools, such as a scanner and heatmap to help identify trading opportunities. Traders can also use the XTB mobile app to access the most important market information on the go. Additionally, a demo account can be used to practice trades with virtual funds before investing real money. Unlike many other brokers, XTB does not charge a fee to open an account, deposit or withdraw money. However, it does levy an account maintenance fee of EUR 10 per month for accounts with low volumes. The broker also offers swap-free Islamic accounts for clients who adhere to Sharia law.