Brokers

How to open a XTB forex trading account


If you are considering an investment in forex, it is important to evaluate what are the best forex brokers to trade. In doing so, you can easily find XTB among the best brokers in Europe and Asia. Thus, we are going to share with you how to open a forex broker account with XTB and get started on forex trading.

Opening a forex broker account

Applying for a forex trading account with XTB is quick and easy. Simply follow the three-step process outlined below:

  1. Complete a simple online form and get instant access to our trading platforms while we verify your details. Get started clicking here.
  2. You may be required to upload additional documents to verify your identity (proof of identity, bank statement, etc.).
  3. Once your application has been approved, you can deposit funds through our secure online process and start trading.
XTB the best forex broker

Security measures

  • All data is passed via a secure SSL connection.

Protection of your funds

  • All retail Client Money is held in segregated client bank accounts in line with our regulatory obligations.
  • Your funds are held in ring-fenced accounts separate from our own accounts.
  • Your funds are protected by the Financial Services Compensation Scheme (FSCS), up to £85,000 per eligible person in the unlikely event of our insolvency.

Why choose XTB?

  • One of Europe’s biggest brokers.
  • Full access to an award-winning platform, xStation, as voted by Personal Online Wealth Awards, with superior trade execution.
  • Access to 1500+ instruments.
  • Free comprehensive education via our Online Trading Academy, free ebooks, and webinars.
  • Advanced technical analysis tools with free integrated market commentary.

Trade manually on XTB with AI forex signals.

Wiseinvest provides AI forex signals that perfectly fit into XTB, MT4, MT5, and any trading platform. To trade with our AI forex signals, you must simply copy the data you receive from each real-time signal into any forex brokerage account of your choice.

There are five unique variables for each AI signal, and each must be copied exactly, in order to match the performance of the signal as close as possible.

Each AI forex signal alert consists of the following five data points:

  • Symbol (forex pair)
  • Direction (long or short)
  • Position size (number of units or lots)
  • Take profit (price level to exit with maximum gain)
  • Stop loss (price level to exit with maximum loss)

Check out how to trade with our AI forex signals.

  1. Subscribe to a Wise-Plan.
  2. Open a Brokerage account. Check this article about the best forex Brokers.
  3. Set an amount and a position size on our Wiseinvest dashboard.
  4. Our AI will send you real-time trading alerts by email and Telegram.
  5. Copy the signals and paste into your Brokerage account.

All forex signals are sent every time that our AI trading system identifies a new trading opportunity. Our trading strategies are developed on a variety of time frames such as 4 and 8 hours.

Wiseinvest AI forex signals are Market Orders and you do not need the entry price. You can copy each signal while it is available on our dashboard. We do this way to assure that traders will just place signals while they are good to be traded.

You can trade forex with our free forex signals clicking here, or with our Premium subscription that provides you unlimited AI signals and automated AI trading in partner brokers. Whether you are a beginner or a professional forex trader, our AI trading system can help you save time and improve your trading performance. Get started with free AI.

When investing through Wiseinvest automated AI trading or AI forex signals, you do not need to calculate pips and change the leverage in your forex broker account. Learn more about leverage in forex trading clicking here.

What is the AI performance in forex trading?

The Win Rate of our AI shifts as indicated by the period and can reach up to 95%. The performance depends on the proficient wilderness estimation metric, which implies that our model is beneficial at whatever point the Win Rate is more prominent than 60%. All techniques of our AI Tradingframework look for stable returns and adequate outcomes to accomplish a normal return of 40% every year (APY), without the utilization of high influences.

We comprehend that what is important in forex trading is the conclusive outcome. Along these lines, the financial specialist needs to consider that Win Rate isn’t generally the best measurement to gauge execution in forex, as other signals suppliers unveil. For example, out of 100 exchanges, it is conceivable that lone 1 exchange is sufficient misfortune to make the 99 exchanges not productive. For this situation, the Win Rate would be 99%, yet the conclusive outcome would be unfeasible (negative).

We center around the arrival of 40% of APY and not simply on Win Rate.

It is basic to see that forex brokers may charge spreads, commissions, and overnight expenses in your trading account, and these elements can influence the AI execution. You can check our forex trading history to see more about AI Trading execution clicking here.

How much do I need to trade forex with AI?

You can begin in forex trading with free AI signals or AI Trading records and make a store from only $1 in the brokerage. It is likewise conceivable to test utilizing a hazard-free practice account with our AI Trading framework. In any case, so as to do a proficient hazard the board in genuine records, we recommend you start from at least $100. Notice that some forex brokers require diverse starting stores to trade forex.

What is the trading strategy of our AI?

Our AI procedure is the mix of various AI Trading frameworks, with in excess of 100 features, that characterize 40 distinct techniques which at the same time consider: Quotes of the 28 forex pairs, Supports, and Resistances in various time periods, Trends and Counter-patterns, Cross-markers, Index of each pair, Economic Calendar, Investors Sentiment.

Our AI examines those fundamental, technical, and sentiment factors that influence forex trading, and all models are assessed continuously utilizing various loads. In the wake of finishing the investigation, the decision of the signal emanation technique is made considering the improved probability of momentary benefit and the sum accessible for speculation.

Using technical analysis, our calculation considers not just the examples of different patterns, including backing and obstruction levels and cross-pointers, yet our AI is likewise ready to make its own ongoing record for every money pair, that is utilized to distinguish what is the best course and target.

Comparable to fundamental analysis in forex, the AI makes a connection inside the financial schedule to discover news information that can influence explicit cash sets.

Takeaways

  • It is easy to open a Forex account at XTB.com.
  • Forex is a good way to invest your money for extraordinary gains and XTB can be a good option.
  • Once your account is open and running, you can take advantage of the Wise-Signals and start making a profit.

It is truly a wonderful experience to trade in over-the-counter markets, just from your personal computer. You feel the power of the Internet and you get artificial help to achieve business prosperity.

Wiseinvest is committed to democratizing the retail forex trading market through AI solutions. We work hard to provide financial education, allow anyone in the world to invest easily with Automated AI trading and free AI forex signals. Our AI platform is integrated with AWS, IBM Watson, and Google AI.

Enjoy other free articles about forex trading on the trading Academy and on our free forex Telegram channel.

Disclaimer: Forex and Contracts for Difference (CFDs) are complex instruments and come with a high risk of losing money due to leverage. Forex trading is not suitable for everyone. You should consider whether you understand how forex and CFDs work and whether you can afford to take the high risk of losing your money.

The forex brokerages displayed shall disclaim the overall performance of traders in their platforms. Oanda warns that 76.8% of retail forex traders lose money trading CFDs. XTB warns that 80% of retail forex traders lose money trading CFDs. FXCM warns that 74.74% of retail forex traders lose money trading CFDs.

The performances aforementioned are not related to Wiseinvest AI forex trading and AI forex signals system. You can check the performance of our AI forex system on our dashboard.