If you are a novice or a professional trader, you should consider using XM forex trade tracking software. The XM platform provides a wealth of educational materials, including webinars, as well as technical analysis and research. There are four levels of trading account, including Standard, Micro, and VIP. Each account can hold up to 200 open positions. Micro accounts allow you to deposit as little as $5 USD and trade with one micro lot one thousand units of base currency.
XM offers both MT4 and MT5 trading platforms. They both come with advanced features, including automated trading bots, free demo accounts, and unlimited charts. This is especially beneficial for technology traders, since they can use EAs and manually trade on the MT4 and MT5 platforms. Moreover, they are regulated in Cyprus, Belize, and Australia. Regardless of which trading platform you choose, you can rest assured that you ll find a reliable trading platform through XM.
XM has an excellent live chat feature to answer any questions you may have. The organisational procedures ensure that all data remains safe and secure. XM requires identification documents when opening a trading account. It also offers real-time market prices. XM also offers fractional pip pricing, which allows traders to get the most accurate quotes. You can place orders at anytime during trading hours, so you can trade in any currency pair without sacrificing quality.
XM offers an operational philosophy that is designed to earn its clients loyalty. It recognizes that credibility and reputation are tightly linked. It adapts to new industry trends and technologies while monitoring customer needs. Moreover, XM never compromises on the factors that affect their clients performance. Thus, clients can rest assured that XM is providing them with the best execution and tightest spreads. So, if you are looking for a forex trading software that can help you track your trades, XM is the right choice for you.
XM allows you to deposit or withdraw funds using either standard or micro lots. Standard and micro lots accounts have a lower spread of 0.6 pips. To open an account, you need a minimum deposit of $50. In addition, XM provides a variety of account types, including ULTRA LOW accounts. You can even invest in standard or micro lots. However, you should know that XM offers negative balance protection for those in the EU.
XM offers three different live trading accounts, including Micro Account, Standard, and XM Ultra Low. Depending on your deposit size and the type of trading account you choose, a Micro Account will typically require only $5-$10 000 USD. You can also choose from a number of payment options, including moneygrams and Western Union. The website lists deposit and withdrawal options side by side. Once you ve chosen the right one for your needs, you can begin trading.
XM has been around since 2009 and boasts a client base of 2.5 million from over 120 countries. With over 300 employees and a management team that travels to 120 cities annually, XM is a globally recognized investment company. In addition to forex trade tracking software, XM offers live seminars worldwide to educate and inspire traders. The XM team strives to stay human.