XTB exchange scam This is confusing information for users because this is one of the most prestigious forex brokers today with a large number of participants and is listed on the best stock exchange in the world. So is the rumor that XTB is a scam? Let's learn about this exchange to give the correct answer.
XTB overview.
Founded in 2002 in Poland, the XTB exchange is considered one of the oldest exchanges today. Currently, XTB exchange has 13 offices globally in Poland, UK, France, Germany and Chile. In 2016, XTB asserted its prestige by being successfully listed on the Warsaw Stock Exchange, Poland. To do this, XTB needs to comply with the strict regulations of the securities commission on finance.
See also: XTB Floor Review | XTB review
Not only that, the XTB exchange is also a liquidity provider. You don't have to wait for a boost when trading when the execution speed is already fast, and you won't have to wait for a new quote when the market is volatile.
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Are XTB Floor Scam Clients Real or Fake?
To better understand the information, trade products, and get your answers, read the XTB floor review we shared below.
View more: Summary of Today's Fraudulent Forex Brokers
Possessing many prestigious certificates and awards
During 19 years of operation, XTB exchange has held many licenses from reputable agencies such as:
- FCA (United Kingdom) - Code: 522157
- IFSC (Belize) – Mother số: IFSC/60/413/TS/19
- CySec (Cyprus) – Code: 169/12
- KNF (Poland) - Code: DDM-M-4021-57-1/2005
- BaFin (Germany) – Code: 121520
- CNMV (Spain) – Code: 40
In addition, XTB has also received many awards from prestigious organizations such as “Best Broker in Europe” voted by Money Market magazine, or “Best CFDs Broker 2022” by Broker Chooser, etc.
Modern trading platform
Currently, the XTB exchange offers users its unique xStation 5 platform in addition to the MT4 platform. With xStation 5 it's easier to buy and sell, there is a wide range of Forex trading products, indices, virtual currencies, stocks, trading items and even ETFs to choose from.
View more: Top 5 legal forex brokers in brazil that you shouldn't miss in 2022
In addition, xStation 5 also supports Windows, Web, MacOS and Mobile application platforms. Market information and news is constantly updated to help investors get information quickly.
You can consult more information related to the XTB floor:
Leverage, Reasonable Spread
XTB has a maximum leverage of 1:500, but different products will correspond to different leverage levels. Accounts on XTB include Floating Spread and Fixed Spread. Investors can rely on trading experience and resources to choose the appropriate Spread type. XTB accounts will offer a corresponding Spread. The standard account has a minimum spread of 0.35.
Reliable Vietnamese customer support service
So far, XTB is one of the few brokers with insurance for clients in Brazil. Provided that Forex is not already protected in Brazil, investors can rest easy using an XTB account protected with an account insurance value of up to 1 million dollars from the best insurance company in the world, Lloyd's of London world.
In addition, XTB's customer service team is very professional. Once registration is complete, you will receive an email notification from your account manager. Any problem related to the account or trading on the exchange, you will be taken care of and answered in the most detailed and enthusiastic manner. With the above advantages, surely you also have an answer as to whether XTB flooring is a fake or a reputable one, right? We affirm that XTB is a reputable and quality exchange on which traders can trade with confidence.
Conclusion
So, the information about fraudulent XTB floor is completely false due to the advantages we mentioned above. I hope the information in the article will help you to get a more accurate view of XTB. Also, you can upgrade Forex Signals to get the best free Forex signals. Consult other articles in Portalderendaextra for an effective investment.