The leverage offered by XM is exclusive 30:1 *This leverage applies to clients registered under the EU regulated entity of the Group. Leverage depends on the financial instrument traded. quite eight currency pairs and quite 100 financial instruments are often sold both online and over the phone on eight modern trading platforms. additionally , there are not any upper limits on the deposit.
XM offers a good selection of webinars and training courses. you’ll replenish your account employing a bank transfer. most electronic payment systems are supported. you’ll withdraw funds to the account from which the deposit was made.
Customers can choose between various modern payment methods : bank cards (VISA, VISA Electron, MasterCard, Switch, Solo), bank transfer, Neteller, Moneybookers Skrill, etc. D. The recently introduced option of local bank transfer allows investors can replenish their accounts through their local banks (in 58 countries) and in local currency. There are not any hidden fees or transfer fees, and every one transfer fees are covered by XM.
Opening an account in XM will take no quite 5 minutes, the client must attend their website and fill out the registration form. However, so as to pass the verification, you want to provide personal identification documents, also because the place of residence.
This broker has quite 1000 financial instruments which may be traded on the MT4/MT5 platforms and this includes Forex Trading, Stocks, CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs.
XM may be a good company, with a good selection of monetary instruments and trading platforms. Excellent conditions for replenishment and withdrawal of funds, but some aspects of its activities could seem strange to domestic traders. especially , this is often a really passive support service, which is difficult to contact if the client doesn’t sleep in Cyprus.
XM Spreads and Leverage
The 1:30 leverage offered by XM is exclusive within the industry. Over 60 currency pairs and over 100 financial instruments are often traded both online and by phone on 8 advanced trading platforms. Besides, there are not any upper limits to deposits.
XM Trading Platform
Both demo and real account XM clients can trade on as many as 8 trading platforms that support market, limit, stop and trailing orders, and directly accessible from 1 account. This accelerates operations and provides traders great flexibility to trade from anywhere and at anytime with ease. At XM the multi-award winning platform Metatrader 4 works with a vast number of demo and real accounts, and Expert Advisors (EAs) also are supported.
The available trading software is as follows: MT4 Terminal;MT5; MT4 for Mac; Web Trader; iPhone Trader; iPad Trader; Droid Trader; Mobile Trader. XM Group has multiple account holders with a vast use of charts and EAs.
Deposits and Withdrawals with XM
Negative balance protection, the no re-requotes and no hidden fees or commissions policy, along side the strict and real-time market execution policy rank XM among the foremost sought-after forex brokers.
Account funding is 100% automatic and processed 24/7, while same day withdrawals are guaranteed. Clients can choose between various modern payment options, with a good geographical coverage: credit cards (VISA, VISA Electron, MasterCard, Switch, Solo) bank wire, Neteller, Moneybookers Skrill, etc. The recently introduced local bank transfer option enables investors to fund their accounts through their own local banks (in 58 countries worldwide) and in their local currencies. There are not any hidden fees or commissions for funds transfers, and every one transfer fees are covered by XM.
Multilingual Personal Account Managers are at both demo and real account clients’ disposal via live chat, by telephone or email in over 14 languages, assisting them with professional support 24 hours on 5 business days.
Rich forex educational material is at clients’ disposal, with free weekly interactive webinars, also like free, uniquely developed MT4, MT5 video tutorials. The multilingual economic calendar, along side forex news and marketing research provided by XM financial experts help clients follow market changes and adapt their trading decisions accordingly
XM Review Conclusion
The staff at XM (TradingPoint) is committed to satisfying your every need with integrity, transparency, and therefore the determination to serve you well. The firm has quickly skilled its early development stage, as evidenced by the preponderance of favorable reviews, falling into the “7 out of 10” region of the size , from satisfied customers on Internet review sites. the advantages of selecting this broker are clearly stated on the house page of their website:
Licensed within the EU
This leverage applies to clients registered under the EU regulated entity of the Group.
Commission given just for XM Zero account types
$30 non-deposit Bonus up to $5,000.