Yes xtb account types any? This is a question that many investors involved in the forex market are interested in. Because this is the top reputable forex broker in the world today. The exchange has a very large trading volume and number of clients. The quality of service is highly appreciated by many merchants. Therefore, in this article, kiemtien.com will provide information about XTB floor accounts so that you can conveniently register for XTB floor.
xtb account types
real account
XTB offers customers two main types of accounts: Standard account and Pro account.
default account
Currently, for new customers only Standard account can be opened, this account type is divided into three types: Standard A, Standard B and Standard C. Also, this account type will be suitable for customers Anyone who likes cryptocurrencies, because a pro account does not provide this product. So, if you want to trade digital money, you must open one of the three standard account types above.
Basic account parameters:
professional account
This account type is suitable for professional traders who like to surf, thanks to super low spreads of 0.1 pips or more and commissions averaging 7 USD/lot for 2 ways, as well as forex brokers.
Also, on the Pro account, CFD products on stocks and ETFs only lose 0.08%/lot. Especially, when you trade the index, it will be swap free, which is really attractive for you to try. Since trading indices, trading ETFs and CFDs is not the same as trading forex currencies, you will be subject to a variety of fees.
Where, the highest rate is the swap rate. Therefore, most reputable forex brokers offer these products, but as the fees are very high, not all brokers can trade. In addition to index trading, which is free, stock ETFs and CFDs still have swap fees, but this fee is very low, not as high as many other forex brokers. So, if you are interested in indices, ETFs or stocks, see XTB floor and Pro account please.
The only downside to this Pro account is that you will have to open a trading volume of 0.1 lot or more. Although, the minimum deposit is still only 1 $, but because it is necessary to open at least 0.1 lot plus maximum leverage of 1:500 and com fee of 7 USD/lot. Therefore, if you want to trade with this account, you must deposit at least 50 USD to open a position. To make a deposit, you can refer to our article on how to recharge the XTB floor.
Professional account basics
- Minimum deposit: $ 1
- Max leverage: 1:500
- Spread Type: Floating
- Spread of (pip): 0.1 pip
- Commission: 7 USD/lot
- Minimum order opening: 0.1 lot
View more: What is batch discovery? How to calculate profit and risk based on lot
demo account
Like some other Forex broker platforms, XTB also allows you to open a Demo account to familiarize yourself with the XTB trading platform.
Demo account with these functions:
- Invest for 4 weeks risk free, $ 100k virtual account
- More than 1500 global CFD markets
- Trade Forex, Indices, Stocks and Trading
- Powerful MT4 platform
- Super low spreads of just 0.2 pips
- 24/7 Customer Service (Sunday to Friday)
xtb demo account
Which XTB account type is right for you?
Each account type is designed to serve specific audiences. Therefore, traders will have the easiest conditions to participate in the investment.
With a standard account, it is suitable for traders who are new to the market or investors in virtual currencies. You can deposit from 100$ to 500$ to trade as this account allows an order volume of 0.01 lot, almost zero commission. So this is an ideal account type for someone who is just starting to trade and has a small amount of capital.
The pro account has very low spreads. Therefore, this account is suitable for those with large capital or experienced traders. And because of the extremely tight spreads, scalping traders also love using this type of account.
As for the Demo account, this is an account for anyone who is new to the forex market, or who wants to try XTB's services. People who open this account are often used to test trading methods. Or practice entering and exiting the market.
See more: The most in-depth XTB floor review today
Epilogue
In this article there is information about xtb account types. We hope that with the information we provide you will be able to choose an account type that is right for you. If the transaction is profitable, you can refer to the article on how to withdraw xtb. Consult forex signals to receive free trading signals.
See more: Is the information about XTB floor scam users true?