Traders Union Analysts Reviewed XTB Mobile Trading App

Photo of author

(Newswire.net — May 1, 2023) —

Mobile trading apps have recently become popular among investors and traders because of their ease and flexibility. Individuals can trade and manage their investments from their smartphones or tablets using a mobile trading app, which provides real-time access to market data and account information.

With the growing popularity of online trading, selecting the best trading app that fits an individual’s interests and preferences is critical. It is also essential in trading like a skilled trader.

To this end, Traders Union analysts reviewed XTB mobile app, recommending it as one of the best trading apps for the forex market. Continue reading to learn more about the app’s pros and cons.

Procedure to download and set up the app.

To learn how to download the XTB app, follow these steps:

·      You can access the XTB online platform.

·      You can get it through the web or your smartphone.

·      After downloading the app, you must create a new XTB trading account or log in using your current profile information.

·      Log in with your trading or demo account after signing up for an XTB account and begin trading.

Features of the XTB mobile app

The XTB broker is unrivaled in terms of functionality. Many of its competitors fall short due to XTB’s vast features. Nonetheless, it is a great network that provides various options in the volatile financial instruments market emphasize TU analysts.

·         Trading Platform

XTB Broker provides two trading platforms, which include the following:

Ø  xStation 5. The xStation 5 supports nineteen languages, including Japanese, Turkish, and French. This platform offers an excellent user interface and is professionally made. It is a user-friendly, web-based trading platform that is also customizable by consumers. It is compatible with MAC, Windows, and desktop computers.

Ø  MetaTrader 4. MetaTrader is a third-party product provided by XTB. The most famous trading platform on the planet is simple. The original MetaTrader 4 fully functions via a web browser and can be accessed on a PC, smartphone, or tablet. Because other Forex traders do not provide all these features, you can download the MT4 mobile phone program for iOS and Android.

·      Trading Instrument

XTB provides a wide range of products for brokerages. Through brokers, we have access to around 4,000 different trading products. Shares, indices, Forex, cryptocurrencies, and commodities are examples.

·      Withdrawals and deposit

With an XTB account, withdrawals and deposits are quick and straightforward. Furthermore, consumers can deposit money using various methods, including e-Wallets, credit cards, and bank transfers.

·      Mobile application 

XTB offers iOS and Android mobile apps for MetaTrader 4 and xStation 5 told Traders Union analysts. The mobile application was designed with modern features and a user-friendly layout in mind. Furthermore, its mobile trading platform covers a wide range of languages.

·      Demo trading

Through its “Demo” Trading account function, which is active for thirty days, XTB lets you trade for about $100,000 to explore with digital money. Users can then open a live account to trade with real money.

Additional features of the XTB app

The XTB app also has the following extra features:

·      Account varieties

XTB provides three different account types: standard, pro, and Islamic. A minimum deposit of $250 is required.

·      Market research

The XTB app provides a unique Market analysis function that includes three categories: Market News, Price Tables, and Market Calendar.

·      Affiliate Marketing

Traders can use affiliate marketing techniques to advertise on your website or platform.

·      Insurance Scheme

XTB’s insurance program imposes legal limits on clients’ financial indemnity for creditors’ calls.

Pros of the XTB Mobile app

    Suitable for beginners;

    Low deposit requirements;

    Tight spread;

    Well-regulated.

Cons 

·      The Demo account is only valid for 30 days.