The XM platform allows you to trade international markets from just one login. XM provides the latest market updates and economic calendar to help you make the right investment decisions. Traders can also opt to use a demo account to test their trading strategy without putting their own funds at risk. This demo account features the same market conditions as a real account and offers a virtual balance of 100,000USD.
XM also offers free forex signals and MQL5 Trading Signals. Moreover, the XM Research and Education Center provides daily market analysis and live webinars. Lastly, XM offers an economic calendar for the major trading sessions. If you have any questions about trading with XM, you can contact them via the website or by phone. You can also check out the Legal Documents page to learn more about XM"s business practices. Here, you"ll find a list of 12 documents describing the company"s policies.
Whether you are new to the financial market or you have been trading for years, XM has something for everyone. XM offers four different types of accounts. These include the Zero Account, Standard Account, Ultra Low Account, and Shares Account. Each type of account has varying features and limits. However, all of these are equally beneficial and reliable.
There are different minimum deposit requirements for each account. You can open a Micro or Standard account and fund it with as little as USD. Alternatively, you can start with an XM Zero account, which requires a minimum deposit of just $100. For these accounts, you"ll get a bonus of 20% up to $4,500.
With XM, you can make up to 200 open positions at a time. This means that you can place orders anytime during the trading hours. Plus, you can place limit and stop-loss orders with up to 50 lots. You can also place larger market orders by phone.
In addition, XM offers a margin call policy that protects your account from excessive risks. Whenever you are about to reach the maximum possible loss on your account, you"ll receive a margin call warning. During this time, you"ll be advised to deposit more money into your account and close any open positions. It"s important to note that you may need to fund your account before you can place a trading order.
The XM Refer a Friend Program is another attractive feature. The program rewards clients for referring friends and colleagues to the broker. By doing so, they can earn cash, which they can use to fund their trading account. Furthermore, XM"s affiliates offer an array of client referral tools that can be used to reward your loyal customers.