Buzz
XM trading platform, a brainchild of Trading Point of Financial Instruments Ltd established in 2009, is governed by the Cyprus Securities and Exchange Commission (CYSEC 120/10).
Established in 2015, Trading Point of Financial Instruments Pty Ltd is overseen by the Australian Securities and Investments Commission (ASIC 443670) and FCA as an independent monitor for online financial transactions (FCA Registration Number: 705428).
Understanding XM Forex Platform
Insight into XM Forex Trading Platform
XM operates as a next-generation forex and commodity trading broker, offering a range of advanced features for forex trading, CFD stocks, futures CFDs, stock indices, metals, energy, and cryptocurrency pairs.
The major advantage of XM trading platform lies in its absence of re-quotes or trade rejection, no incurring costs or commissions, and 99.35% of trades executed within less than 1 second.
Discover the Power of XM Group: Leverage up to 1:30, supporting over 60 currency pairs and more than 100 diverse financial instruments for online or mobile trading across 8 advanced trading platforms, with unlimited deposit.
Newbie or seasoned traders alike can reap profits from premium services, as demo and live accounts offer identical trading conditions.
The trading platform supports 17 different languages and executes trades within 1 minute. Minimum deposit is $5 for standard accounts, while demo accounts come with an unlimited virtual balance of $100,000 USD. Lower spreads mean more profitable trades.
Customers can select from 3 distinct forex trading account types with customizable conditions and base currency options including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD: MICRO account (1 micro lot = 1,000 units of base currency); Standard account (1 lot = 100,000 units of base currency); and XM ZERO account (1 lot = 100,000 units of base currency).
Experience low spread trading for over 60 currency pairs. With spreads as low as 1 pip for Micro and Standard accounts, and 0 pip for XM Zero accounts, XM ensures tight spreads and segmented pip pricing for enhanced trading benefits.
Vantage FX trading platform garners significant attention. Explore our comprehensive review on Vantage FX for insights and analysis.
- Read more: Reviewing Vantage FX platform
Spread and leverage
XM stands out as the only trading platform offering leverage up to 1:30, supporting trading assets of 60 currency pairs and over 100 financial instruments. Trade online or via phone on 8 advanced trading platforms, with no limits on deposits.
XM Platform
Clients can execute trades using both demo and live accounts across 8 market-supported trading platforms, with features including market, limit, stop, and continue orders, accessible directly from a single account. Overall, this enhances trading speed, allowing clients to flexibly choose trading methods anytime, anywhere.
Metatrader 4 platform boasts unlimited demo and live accounts, along with support for Expert Advisors (EA).
Available trading software includes: MT4 Terminal, MT5, MT4 for Mac, Web Trader, iPhone Trader, iPad Trader, Droid Trader, and Mobile Trader.
Deposits and Withdrawals
Maintain balance, no re-requotes, no hidden fees or commission policies, along with strict market execution policies. With all these, XM currently stands as one of the most sought-after forex brokers.
Accounts are fully automated and processed 24/7, while clients are assured of same-day withdrawals.
Customers can choose from various modern payment methods, including credit cards (VISA, VISA Electron, MasterCard, Switch, Solo), bank transfer, Neteller, Moneybookers Skrill, and more.
Recently introduced local bank transfer method allows traders to deposit funds into their accounts through local banks (in 58 countries worldwide) and in their own currencies, with all transfer fees covered by XM.
Support for New Beginners
XM (TradingPoint) is committed to meeting all customer needs, ensuring integrity and transparency.
Clients can reach out to our support team for assistance through various means such as live chat, phone calls, or emails in 14 different languages. Our professional support team is available 24/5 to help both demo and live account users.
We provide forex trading resources to our clients, including interactive webinars, free weekly seminars, and instructional videos on the MT4 and MT5 platforms. Additionally, our platform offers forex news and market analysis provided by our team of financial experts to help clients stay informed and adjust their trades accordingly.
Reasons to Choose XM Forex
Here are some compelling reasons to trade with XM Forex: Experience professional trading conditions, enjoy fast and reliable execution, benefit from competitive spreads, and access a wide range of trading instruments.
- Licensed in the EU.
- Tight spreads from 0 pips.
- Flexible leverage up to 1:30.
- Commodities trading available only for XM Zero accounts.
- $30 bonus for deposits up to $5,000.
- 24/24 support.
- No Re-quotes.
- Fast and easy withdrawals.
- Personal account manager.
- Mobile trading.
This article provides insights into XM Forex, including account details, withdrawal, and deposit processes. For those interested in Binomo or IQ Option, refer to our guide on What is Binomo? Also, explore other platforms like NAGA and FOREX.com for more investment options.
- Read more: NAGA platform review
- Read more: FOREX.com platform review
