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From zero to Pro-FX trader? Educational portal in XTB [Leverage 1: 100]
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From zero to Pro-FX trader? Educational portal in XTB [Leverage 1: 100]

created Paweł MosionekAugust 15 2019

The Polish Financial Supervision Authority, contrary to ESMA's opinion, decided to introduce the idea of ​​extending the categorization of customers. An experienced customer is an option that paved the easier path to higher leverage. Any broker operating in Poland can offer a categorization change from a retail client to an experienced client (i.e. a retailer-professional). The conditions to be met are two and relate to marketing and the state of knowledge.

Leverage 1:100 - trader's dilemma

If you want to switch to a higher leverage, the trader has to make a choice. Run away to a broker outside the EU or stay in it. Now, the latter option is additionally supported by the option of "switching" to an experienced client, which is a less demanding step than in the case of professional customer.

We described in detail what it looks like categorization process TYM article. If you already know what it is, you can see that the only uncertainty can be caused by the condition of knowledge. If you do not have special certificates or have not studied economics, then it is actually possible to undergo training for a minimum of 50 hours.

As expected, after the changes entered into, the brokers immediately set to work to help meet this condition. The first brokerage house that prepared a tailor-made solution is X-Trade Brokers.

50 hours of course on xStation

XTB has integrated an extensive, 50-hour educational course on investing, in its flagship trading platform - xNUMX xStation. In the bookmark Education a database of videos with market experts is available. The subject matter is extremely extensive - from the basics, through the psychology of investing, to specific strategies and approaches to trading.

experienced client xtb

XTB education portal. Source: xNUMX xStation

Among the authors of the materials are, among others:

  • Rafał Glinicki,
  • Mieczysław Siudek,
  • Grzegorz Moscow,
  • Maciej Golinski,
  • Steve Ward,
  • and many other respected traders.

Be sure to read: Investing course with Mieczysław Siudek [Review]


How does the course work?

After logging in on xStation 5.0, just go to the tab Education -> Experienced client. This is where the training process takes place. The platform automatically counts the time that was spent to view the materials.

The "Experienced customer" tab in the Education section is available only to logged-in users real account.

You can prove the acquired knowledge by performing a verification test. After passing it, you will receive a certificate, which will be an official confirmation of the training in the amount required by the KNF. However, it should be remembered that the use of higher leverage means an increase in investment risk.

XTB EDUCATIONAL PORTAL


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. From 74% to 89% of retail investor accounts record monetary losses as a result of trading CFDs. Think about whether you understand how CFDs work and whether you can afford the high risk of losing your money.

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.