Review 2019

Rated /5
have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of we break down the pros and cons. What are able to offer, what countries are available in. Who are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with

  • Regulated by:
  • Headquarters Country :
  • Foundation year
  • Min Deposit :
  • Safety : segregates client funds
  • is not available in the following countries :
Open 's Website

At the bottom of this review you can also learn about some pretty good alternatives to

With this review we hope to help you see if is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding that will help you get off to a good start in the world of online trading.

Review Table of Contents

what you should know

offer one way to trade: .

With you will need a minimum deposit of $. You can sign up for a demo account to acquaint yourself with platform.

are able to accommodate various levels of traders whether you are experienced or a beginner.


Are safe?

When choosing a broker like the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years have a head office in .

is regulated. This means are supervised by and is checked for conduct by the regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to , this will be honored. If violate any regulatory rules their regulated status could be stripped.

Any payments funded to accounts by traders are held in a segregated bank account.

For added security use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with . One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about

  • Segeregates client funds
  • Established in
  • Min. deposit from $

What we don't like about

General Fees

  • withdrawal fees varies on payment method
  • does charge inactivity fees
  • does charge deposit fees

Commissions

  • does charge commission on CFD shares.

What can you trade with ?

You can trade a wide variety of instruments with over 1,500 instruments infact.

If you are looking at trading currency pairs offer over 50 currency pairs.

Compare with Plus500 and Pepperstone below.

FX / Currencies XTB Plus500 Pepperstone
Forex pairs offered 50 100 70
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs XTB Plus500 Pepperstone
Commodities offered 21 17 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes No
Indiced & Stock CFDs XTB Plus500 Pepperstone
Stocks offered 1696 1816 0
UK Shares Yes Yes No
US Shares Yes Yes No
German Shares Yes Yes Yes
Japanese Shares Yes Yes No
XTB
Instruments
Plus500
Instruments
Pepperstone
Instruments

Trading on web platforms and other applications

also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See 's platforms

Trading benefits :

  • Low min deposit

Trading Accounts Offered :

Can I try before I buy?

offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do accept?

offer the below funding payment methods. learn more about

How can I start trading with ?

When opening a trading account with , you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on trading platforms here.

Performing trades with

allow you to execute a minimum of trade of . This may vary depending on the account you open. allow you to execute a maxium trade of .

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at

To trade effectively with , it's important to get a have a good understanding of the XTB trading tools and the markets.

offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with .

Take time to look around the platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at

support a limited number including

What you will need to open an account with

As is regulated by , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore 's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from on 12th August 2018.

not quite right?

Check out these Alternatives

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Related Comparisons

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Frequently Asked Questions

Can I try before I buy?

do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do accept?

offer the following funding payment methods among other payment methods.
Learn more here

How can I start trading with ?

When opening a trading account with , you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on trading platforms here.

Is my money safe with ?

is not currently regulated. Do not let this stop you considering , just make sure you are aware of the risks. It is not uncommon for investors to deal with either regulated or non-regulated brokers. Unregulated Brokers can trade for you in any country you want. In Europe for example some regulated brokers will not accept customers in the USA.
Unregulated brokers run their business with lower operating cost. This is because they do not have to pay for costly regulations or license fees. Unregulated brokers charge less than regulated brokers. The cost savings are passed to you as a trader which means better return on investment.