
The XM highest earning forex trader is a trading mentor to aspiring traders. He has amassed a net worth of 4.5 billion dollars through short selling during the October 1987 market crash, otherwise known as Black Monday. In addition to his mentoring activities, Lewis is a top forex trader who makes over $2 million each month. His strategies include technical analysis and risk management tools. Most importantly, he sets long-term goals.
The XM minimum deposit varies depending on the type of account you have. The Micro Account has a low minimum deposit of 5 dollars, while the Standard Account requires a minimum deposit of 100 dollars. The amount of the minimum deposit depends on the payment method you choose and your account validation status. The XM minimum deposit is $5 for a Micro Account and 100 for a Standard Account. To open a live account, follow the on-screen instructions.
The XM broker started operations in 2009 and currently has clients from over 196 countries. Its staff speaks 30 languages, and the company is regulated by CySEC. The XM broker has branches in Cyprus, Dubai, and the MENA region. As a result, XM offers the best trading conditions for aspiring traders. This means that you can choose the one that best suits your trading style and personal financial situation.
XM offers a variety of trading accounts, including CFDs, so you can trade a wide range of currencies. This broker offers demo accounts for beginners, and offers two leading trading platforms. The initial deposit with XM is $5/EUR/PS. While CFDs are a complex instrument to trade, the risk of losing money is very high. Moreover, even institutional traders often lose money when trading CFDs. Therefore, it is important to use only SEBI-regulated forex brokers in India.
XM is regulated by several financial authorities globally. The Australian Securities and Investments Commission regulates the trading process of XM, while the Financial Services Commission does not monitor the company s operations. The XM website is user-friendly and offers a free demo account for beginners. It also offers helpful tools to learn forex trading. The XM website is easy to use and has live chat support, which is ideal for beginners.
As a client, you can access educational materials to improve your trading skills. XM s Learning Center contains technical analysis, fundamental analysis, and other information to help you become a successful trader. XM is dedicated to providing quality educational content and training for its clients. The more data you have, the more intelligent decisions you will make. So, get started today and learn how to make money with Forex.
Forex trading requires a proven strategy, capital, risk management tools, and a reliable broker. But if you do have these things, you ll be on your way to becoming the next XM highest earning forex trader! And, in the meantime, you can follow the trader s example. There are many other benefits to becoming a top XM forex trader, as you ll discover when you join!