About the Islamic Account of Commodities, Energy, ETFs, Forex, Precious Metals, Stock Index, Stocks (Shares) (MetaTrader 4, xStation/Electronic Communication Network (ECN), Straight Through Processing (STP)) offered by XTB.
Type and Conditions
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General Trading Conditions
By opening an Islamic Account with XTB, you can trade Commodities, Energy, ETFs, Forex, Precious Metals, Stock Index, Stocks (Shares) through MetaTrader 4, xStation trading platform.
Mainly XTB Islamic account offers Electronic Communication Network (ECN), Straight Through Processing (STP) execution model, the maximum leverage is 1:200, spread is Floating from 0.28 pips.
Available Base Currencies
The account bsse currency is only available in EUR (Euro), GBP (British Pound), USD (US Dollar).
Negative Balance Protection
XTB adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Islamic Account, Margin call is 50% and Stop out is set to 50%, so all your positions will be automatically closed when the margin level reaches down to 50%.
Allow Trading Strategies
XTB allows EAs (Expert Adviser, Automated Trading), Scalping, Hedging, News Time Trading trading in a platform of Islamic Account.
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XTB Trading Accounts Comparison
Here are the details of all Forex trading accounts of XTB.
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