XM"s customer support is available in a number of languages. During business hours, clients can call or chat online with a live representative. They can also use the XM"s customer service desk, which is available Monday to Friday. Customers can reach the support staff in a variety of languages, including Spanish, English, and French.
XM is a financial institution licensed in Belize. This offshore broker has earned a solid reputation as an international provider of FX services. Their extensive network of liquidity providers allows them to offer their customers better fills. Clients can access the markets using the company"s STP platform, which is designed to maximize profits for both client and broker.
XM has been in the industry for over ten years, and has opened more accounts than many other companies. For new clients, the company offers a Non-Deposit Trading Bonus. In order to qualify, you must be at least 18 and be a legal resident in your country. Additionally, you must provide a color copy of your passport.
XM also offers two different deposit bonus schemes. A deposit bonus varies depending on whether you are a new or existing client. New clients can receive up to a $30 Non-Deposit Trading Bonus. However, existing clients cannot participate in the rebate program.
XM has a minimum deposit of $5 for a Standard Account. While the minimum requirement is low, the spreads are quite competitive. Traders can also choose the Ultra-Low Standard Account, which has spreads as low as 0.6 pips.
XM has an Investor Compensation Scheme, which helps cover account holders" losses in the event that the brokerage firm goes out of business. This scheme is supervised by CySEC.
XM has a customer support desk that is available in several locations around the world. Customer service representatives are available to answer questions and assist with account funding and withdrawals. These personnel speak a number of languages, including Greek, Greek, and Spanish. XM offers a free virtual private server (VPS) to all clients with a balance of at least USD 5,000.
XM also offers its traders the option of opening a Zero account, which requires a minimum deposit of just $100. This zero account is an excellent option for new traders, because it offers extremely competitive fees. XMTrading does not offer copy trades, which makes it a good choice for those who need to trade in smaller amounts.
XM offers a wide range of services, with more than 2.4 billion trades completed without re-quotes. This is mainly due to the broker"s reliance on a large network of liquidity providers. Also, the company is regulated by a number of governmental agencies, making it a legitimate and trustworthy company.