XM Forex Broker Review

forexbrokerrebateprogram 2023/1/12 22:38:03 14Views
XM is a reputable online broker which offers clients access to over 1000 assets. XM Group has been in business since 2009. The broker has built a solid reputation and is consistently awarded industry awards. Its customers include over 5 million clients from 190 countries. They offer several different trading platforms.

XM is a multi-regulated company that is licensed by several different regulatory bodies. Currently, XM is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission (IFSC). In order to comply with the CySEC, the broker must maintain adequate capital. Moreover, it must follow strict compliance guidelines, and it is required to segregate client money.

Besides trading forex, XM offers a variety of other asset classes including precious metals, natural gas, and crude oil. There are also soft commodity CFDs available for a wide range of markets. Some of the most popular investments among XM"s clients are stocks, indices, and commodities. However, XM does not provide trading in cryptocurrencies.

XM is committed to customer satisfaction and offers a wide array of resources to help its clients make educated and informed decisions. The research team publishes articles on financial markets, technical analysis, and other related topics. Additionally, XM offers a learning center with webinars and seminars. Customers can contact their personal account managers anytime, anywhere. This includes phone and email support.

XM also offers an economic calendar which allows users to filter by country, data type, and importance. Users can also choose from 14 equity indices, 55+ forex pairs, and more than a thousand different assets. Also, XM"s trading platform, MetaTrader 4, is available for PC, Mac, and iOS devices.

Traders can open trades and monitor them on the go, as well. In addition, XM offers 24-hour phone trading, which is very convenient. Lastly, XM"s execution policy shows that more than 99.4% of trades are completed in under one second.

Unlike most brokers, XM does not re-quote orders. The broker also does not charge any withdrawal fees. To start trading with XM, you must deposit at least five dollars. You can deposit via credit card, wire transfer, or e-wallet. Depending on your choice, it may take as little as 24 hours to three days to process your payments. For high volume traders, a digital bank account is recommended.

XM has been in business since 2009, and it has a solid reputation for good execution. As a matter of fact, it has traded 2.4 billion trades without any rejections. Despite its success, XM must adhere to strict compliance standards. Moreover, it is required to use the most advanced encryption software. These are just some of the many reasons why XM is a reliable choice for online investing.

Traders can open a micro account with XM to get a taste of the live market. Micro accounts are available in all regions of XM, and they allow users to trade with a minimal lot size. A Micro account"s minimum spread is 0.015 pips. Traders who prefer a more conservative account can opt for a Standard or Zero account.

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