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1000+ Trading Instruments

0.6 Spreads as low s 0.6 pips

888:1 Leverage

$5,000 Bonus up to

XM Forex trading broker

Today I would like to share with you the information that I managed to learn about a rather popular reliable European broker under the short name XM. The research was conducted this week, and in the review, I will state only the facts and no fabulous fantasies or speculations, as sometimes loved to do in reviews about forex brokers.

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About XM

Having started its activity in 2009, HM managed to create a reputation of a reliable broker, which provides first-class instruments for trading and the best trading conditions in a relatively short period. The company pays special attention to reliability, narrow spreads and instant execution with a strict policy of no requotes and no order rejection. As far as I know from my experience, these issues are significant when choosing a broker to trade with.

XM clients can trade from MetaTrader 4, the most popular trading platform in the world of Forex. The broker also has a terminal for Mac computers (an essential point for fans of products with "i" prefix) - WebTrader program, and unique applications for smartphones and tablets. With this choice of trading programs, traders in this company can trade anytime, anywhere and in any way. Those who trade on multiple accounts simultaneously may be interested in platforms such as Multi-Terminal MT4 and MAM Trader.

At xm.com, you can also easily find exclusive free video tutorials for beginners on how to start trading and a full description of all the trading mentioned above platforms.

Trading Tools and Functionality of the XM

For its clients, the broker offers maximum access to a wide variety of trading tools and functionality on the leading site and in the final part of the website. Among all this diversity can be distinguished:

  • Market Reviews;

  • Video with market analysis;

  • Technical analysis;

  • Video with technical analysis;

  • Day overviews;

  • Forex News;

  • Economic calendar of events;

  • Trading Signals.

These tools will be useful for all traders - from beginners to experienced and sophisticated bison who have been trading for years. With the help of this functionality, every trader can improve the results of their trading, if they wish, with little effort. To make a stable profit on Forex and CFDs, it is necessary to evaluate market movements correctly, and the XM broker provides all the tools to allow its clients to achieve their goals in trading successfully.

In addition to the above, clients of this forex broker get access to several educational services: individual video lessons in many common languages, regular webinars on various topics and periodic seminars held by trading professionals in different parts of the world.

Main advantages of XM in comparison with other brokers

  • Minimum deposit $5;

  • Narrow spreads, from 1 pip, on all major currency pairs;

  • Flexible shoulder - to 1:888;

  • Different account base currencies (USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB);

  • Fully automated account replenishment with instant processing of requests;

  • Withdrawal of funds on the day the payment request is made;

  • Zero withdrawal fees;

  • Demo accounts of $100000;

  • 24-hour support five days a week in more than 20 languages.

If we formulate this review in one phrase, we can say that XM is the broker of the future, available today. It offers its clients from 196 countries a new generation of online services for trading currencies at Forex, precious metals and energy.

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The HM (XM) is licensed by the world's largest and most influential regulatory bodies, including the Australian Securities and Investment Commission and the Cyprus Securities and Exchange Commission (CySEC). They are also registered with many other regulators around the world, such as FSP's New Zealand Register of Financial Services Providers and FCA's Financial Services Authority (UK).

The broker is fully compliant with the regulatory requirements as well as the MiFID directive. This allows HM to provide its clients and partners with quality services on transparent and understandable terms.

All client funds are kept on segregated accounts with investment-grade banks. This ensures maximum protection of customers' funds. Moreover, all private customer funds up to EUR 20000 are insured in the Investor Compensation Fund, where the broker is a member.

Methods of depositing and withdrawing funds

Depositing of the trading account is fully automatic, i.e. all deposit operations are performed instantly, 24 hours a day, seven days a week. The broker offers its clients maximum convenience and flexibility in working with finances - a vast number of payment methods, all of which are reliable and safe. These methods include:

  • Credit cards (Visa, MasterCard, etc.);

  • Electronic payment systems (Skrill, Neteller, WebMoney, etc.);

  • Bank transfers;

  • Transfers through local banks;

  • Other ways (MoneyGram, Western Union).

Only $5 can be transferred to the account, and the company for its part does not charge any transaction fees, so the entire transfer amount is on the trader's account.

Withdrawal of funds is always made on the same day when the withdrawal request was made. It is also executed with the help of secure but at the same time, convenient enough payment methods. This allows clients to access their funds without delays.

In the company, all clients can get the payment card of XM. The card is directly linked to real accounts of clients. With its help, it is possible to withdraw money through ATMs and pay for purchases in shops and the Internet. Three types of payment cards are available for the clients: MasterCard XM in US dollars and Euro, and also dollar card XM Shanghai (China UnionPay).

6 Asset Classes - 16 Trading Platforms - Over 1000 Instruments.
Trade Forex, Individual Stocks, Commodities, Precious Metals, Energies and Equity Indices at XM.

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Features of trading in XM

Opening a real account with XM takes only a few minutes. Immediately after opening an account, you can trade on the most liquid markets in the world. The company offers 75 tradable instruments, each of which offers narrow spreads and the same trading conditions, regardless of the size of the client's account and its investment level.

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In addition to advantageous ranges, there are also fractional exchange rate points. This makes the scales even narrower and the presentation of prices more accurate. With a flexible leverage size of up to 1:888, clients get optimal opportunities to implement their investment plans.

Customer support

The unsurpassed quality of the support service has become the visiting card of this broker. For today the interface of the site is adapted to more than 20 languages, and it concerns not only the site itself but also the work of the customer support service.

Each client gets its account manager. Support at the broker is available 24 hours a day, five days a week. All questions can be addressed by phone, e-mail or via chat directly on the site.

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