XM review conducted by the team of Topforexbrokers.com for those investors want to open account with XM.com forex broker. In this review you will know about how to open a free XM forex demo account, minimum deposit, the XM trading platforms, spreads, bonus and deposit and withdrawal and commissions.
XM Forex Broker Review
In 2009, the xm forex broker was established in the Republic of Cyprus by the name Trading Point of Financial Instruments Ltd. Headquarters in Limassol the broker is supervised and licensed by the Cyprus Securities and Exchange Commission (CySEC) as well as the UK’s Financial Services Authority (FSA), the Federal Financial Supervisory Authority of Germany (BaFin) and other regulatory agencies in the EU, all of which are known to execute strict regulatory rules on firms engaging in financial actions.
The xm broker (xm.com) was recognized by a group of interbank traders who needed to expand services provided in the forex community. The xm forex broker provides traders access to more commodities and CFDs, along with an extensive range of assets in forex markets, stock indices, energy assets and valuable metals.
The firm provides generally tight spreads on over 60 currency pairs for all trading accounts and fractional pip pricing so customers can relish tighter spreads and the most exact price quoting provided in the industry.
Depositors who select to open an xm trading account will have the profit of no hidden charges or commissions, no trade order rejections or requotes and over 99 percent of orders are implemented in less than 1 second.
The xm forex broker is presented for Macs as well as personal computers running Windows, iOS and OS and iPhone and Android mobile applications.
The xm.com broker is presented to customers around the world, comprising xm Malaysia, but does not presently accept traders who are established in Cuba, the United States, North Korea, Myanmar, Iran, Sudan or Syria.
The xm broker is presented in a large variety of languages, counting Spanish, English, German, Italian, French, Greek, Portuguese, Hungarian, Russian, Polish, Swedish, Thai, Chinese, Korean, Japanese, Bahasa Malaysia, Bahasa Indonesia, Arabic, Vietnamese and Turkish.
Depositors who maintain xm trading accounts can like a variety of trading features and tools that comprise the following:
- No dealing desk
- Market maker broker
- Trading from charts
- One click automated trading
- No requotes
- Hedging and Scalping permitted
- Permits integration of Expert Advisors
- Trading over the phone
- Trailing stops
- Promotions and contests
- First deposit bonus
- Multilingual economic calendar
- Negative balance protection
- Multilingual customer support services
- Virtual Private Server (VPS) services
Subsequent the structure of its precursor xm Trading Point, the xm forex broker provides numerous XM Trading Platforms for usage by its customers that support stop, limit, market orders and trailing available from one trading account. These platforms comprise MT4, WebTrader and mobile apps for iPhone and Android mobile devices. The xm.com MAM Trader permits expert asset managers to supervise numerous trading accounts with unlimited usage of charts and Expert Guides.
The xm WebTrader permits depositors to trade in worldwide marketplaces without the essential to download any particular software. Xm.com WebTrader is well-matched with Macs and personal computers running Windows, as well as numerous mobile applications and provides traders a variety of valued tools counting no rejections or requotes, economic calendar, market analyses and streaming news feed to improve trading and form trading abilities.
You can prepare a free XM MT4 download and begin trading with xm.com Metatrader4 platform instantly after signup. The MT4 platform is the utmost popular forex broker in the world that provides a user approachable interface with a variety of features and tools for optimizing trading activities and education. The MT4 option is one required by numerous investors who want to use the prevalent platform in combination with others to maximize trading in worldwide markets.
The broker provides its platform in mobile applications for a variability of handheld electronic devices, comprising iPads, iPhones and Androids.
The xm.com MAM platform was intended for expert trading account managers who can usage the broker to supervise multiple customer trading accounts with unlimited usage of charts and Expert Guides.
Depositors can open numerous types of trading accounts with the xm forex broker that comprise xm Micro, Zero, Standard, Managed, Islamic and Demo Accounts. The xm.com broker executes a 5 dollars monthly fee for inactive trading accounts.
The xm.com Micro account was intended specially for traders who need low risk investing and necessitates a minimum original account deposit of only 5 dollars.
The xm.com Zero trading account provides depositors low spreads on 56 currency pairs and valuable metals with leverage up to 500:1.
The xm Standard Account is perfect for more knowledgeable traders and provides larger trading contracts and the similar benefits as Micro Accounts with a lowest account deposit of 2000 dollars.
For depositors who have little trading knowledge and no time to learn, the xm forex broker provides Managed Accounts that permit traders to trust on an expert Manager to supervise accounts and manage trading funds and trades.
As the xm.com broker is a worldwide trader, it provides Muslim traders the chance to open Islamic Accounts that usage Sharia principles for trading resources.
XM Demo Account
The xm.com broker provides valued Demo Accounts for customers to practice formulating, researching, tracking and placing trades in a virtual consequence. The XM Demo Account can be used for on condition that the trader needs and is equipped with 100,000 dollars in virtual funds for practice trading in a fake trading environment beforehand risking real money by dynamically trading in real marketplaces.
Commissions, Spreads and Leverage
Following the forex business standard, the broker does not charge any XM Trading fees or commissions on trades but creates money by charging a spread on trades lead on its platform.
Depending on asset traded and account type, xm spreads start as small as 1 pip. Customers can select variable or fixed spreads and xm.com provides fractional pip valuing quoted to the 5th digit in place of 4 digits for more exact pricing.
The xm forex broker provides maximum leverage of 888:1, which is absolutely single to the industry.
The xm.com forex broker provides a 30 dollars no deposit bonus to traders opening novel accounts. The trading credit is mechanically applied to trading accounts and all returns earned can be simply withdrawn and there are no hidden conditions or fees.
The xm.com Loyalty Program is simply presented for a limited time and provides automatic instant bonuses up to 5000 dollars for traders who maximize trading actions.
Each month xm.com provides traders the chance to win 50,000 dollars and development to the annual Final Round of the Forex World Championship that provides 500,000dollars in cash prizes with no entry fees or risk. This contest comprises twelve rounds and 1,000,000 dollars in presented prizes, all of which prize money is withdraw-able from trading accounts.
The XM Malaysia and xm.com broker permit trading account deposits using a variation of methods that comprise bank electronic fund transfers (EFTs), credit cards, MoneyGram, Webmoney, Moneybookers, China UnionPay, iDeal, Western Union, Skrill, Neteller and Sofort.
Account withdrawals will be transacted by strict international financial rules executed to protect against crimes like money laundering and identity theft. Proper and present ID has to be maintained so as to speed up transactions and maximize withdrawal options. Withdrawal transactions are lead automatically 24/7 and equal day withdrawals are assured. There are no hidden commissions or fees for account transfers.
The xm Malaysia and xm.com forex broker provide numerous Personal Account Managers who speak a variation of languages and these services are presented with both live and Demo trading accounts that are available 24/5 through internet live chat, telephone or email.
XM Forex Broker Review Conclusion
To sum up this XM Forex Broker Review, the experienced staff of professionals at xm.com broker are committed to quality customer support services and conducting all activities with the utmost integrity and transparency. The xm.com forex broker and its predecessor XM Trading Point have quickly ranked among the most trusted brokerages in the world as evidenced by favorable reviews submitted by multiple satisfied customers.
Traders who open xm Trading accounts (including Islamic Accounts) will enjoy tight spreads from 1 pip, unique flexible leverage of up to 888:1, no commission or hidden fees, no requotes, no rejection of orders (100% execution), automated trading (including phone trading), quick and easy withdrawals, 24/5 customer support services in a variety of languages, personal Account Managers and several promotional bonus opportunities.
Although the XM Broker doesn’t offer many types of trading accounts and does not allow fund deposits and withdrawals using PayPal, which is one of the most popularly used online financial merchants in the world, xm forex broker is an excellent broker for all levels of traders and offers a variety of options on multiple financial assets in marketplaces around the world.
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Visit Topforexbrokers.com often for the current news and developments in the international world of financial investments, as well as many trading platform reviews. For more information about XM forex broker you can visit XMforextrading.com as their team work delicately on XM.com review and you can find useful information about XM.com forex trading broker.