I'm considering using the XTB app for trading, but I'm concerned about its safety. Is the XTB app secure? Can I trust it with my personal information and funds?
7 answers
Raffaele
Mon Oct 14 2024
When it comes to assessing the safety of XTB, the platform scores highly with an overall Trust Score of 96 out of 99, categorizing it as Highly Trusted. This rating is a testament to the strong regulatory framework and transparency practices adopted by the company.
EthereumEmpire
Mon Oct 14 2024
XTB's status as a publicly traded company adds an extra layer of credibility and accountability to its operations. Being listed on a stock exchange means it is subject to stricter reporting requirements and financial oversight, providing investors with greater assurance.
MatthewThomas
Mon Oct 14 2024
Regulatory authorizations from two Tier-1 regulators further solidify XTB's reputation as a reliable and trustworthy platform. Tier-1 regulators are known for their rigorous standards and strict enforcement of regulations, ensuring that XTB adheres to the highest levels of compliance.
Giulia
Mon Oct 14 2024
Additionally, XTB holds authorizations from two Tier-2 regulators, which are also considered trusted and reliable. These authorizations cover various jurisdictions, demonstrating XTB's global reach and commitment to meeting local regulatory requirements.
Eleonora
Sun Oct 13 2024
Notably, XTB has zero Tier-3 regulator authorizations, which are associated with an Average Risk level. This absence highlights the platform's focus on partnering with reputable and stringent regulators only.