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XM trading is a popular online trading platform that offers a wide range of trading instruments to its clients. The platform is known for its user-friendly interface, flexible leverage, and competitive trading conditions. With over 1,000 trading instruments available, XM trading caters to traders of all levels, from beginners to advanced traders.
XM trading offers a variety of account types to suit different trading needs and preferences. Clients can choose from standard, micro, and XM zero accounts, each with unique features and trading conditions. XM trading also provides access to a range of trading platforms, including MT4, MT5, and XM WebTrader, which can be accessed from anywhere in the world.
Key Takeaways:
- XM trading offers a user-friendly trading platform with over 1,000 trading instruments.
- Clients can choose from a variety of account types and trading platforms to suit their needs.
- XM trading is regulated and offers competitive trading conditions, making it a popular choice for traders of all levels.
XM Trading Platform
When it comes to trading platforms, XM Trading offers a wide range of options to suit the needs of different traders. The platforms are designed to be user-friendly, customizable, and feature-rich, allowing traders to access the global financial markets with ease and efficiency.
XM Platforms
XM Trading offers 10+ trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. MT4 is a well-established platform that is known for its stability, speed, and user-friendly interface. MT5, on the other hand, offers more advanced features and tools, such as more charting options and the ability to trade different asset classes.
In addition to MT4 and MT5, XM Trading also offers other platforms, such as XM WebTrader, which is a browser-based platform that can be accessed from any computer with an internet connection. There is also the XM Multiterminal platform, which allows traders to manage multiple accounts from a single interface.
Mobile Trading
XM Trading also offers mobile trading platforms for both iOS and Android devices. The mobile platforms are designed to be user-friendly and feature-rich, allowing traders to access their accounts, monitor their positions, and execute trades on the go.
The mobile platforms offer many of the same features as the desktop platforms, such as real-time quotes, advanced charting tools, and a wide range of order types. Traders can also use the mobile platforms to access news and analysis, as well as to manage their accounts and view their trading history.
Overall, XM Trading offers a wide range of trading platforms to suit the needs of different traders. Whether you prefer a desktop platform, a browser-based platform, or a mobile platform, XM Trading has you covered. With its user-friendly interface, advanced features, and customizable options, XM Trading is a great choice for both novice and experienced traders.
XM Account Types
XM offers a variety of trading account types to suit the needs of different traders. The account types available include Micro, Standard, Ultra Low, Shares, and XM Zero Account. Each account type has its own set of features and benefits. Here’s a breakdown of the XM account types:
XM Zero Accounts
The XM Zero Account is designed for traders who want to trade with tight spreads and no commissions. This account type is ideal for scalpers and high-volume traders who want to minimize their trading costs. The XM Zero Account has some of the lowest spreads in the industry, starting from 0 pips. This account type also offers leverage up to 1:500 and allows trading in micro lots.
One of the key features of the XM Zero Account is the absence of commissions. This means that traders can focus on their trading strategies without worrying about additional costs. The XM Zero Account also offers fast execution speeds and access to a wide range of trading instruments, including forex, commodities, and indices.
In terms of trading platforms, the XM Zero Account is available on both MT4 and MT5. Traders can also use the XM WebTrader and the XM Mobile App to access their accounts on the go. The XM Zero Account requires a minimum deposit of $100, making it accessible to traders of all levels.
Overall, the XM Zero Account is a great option for traders who want to trade with tight spreads and no commissions. The account type offers a range of features and benefits that make it a popular choice among traders.
In conclusion, XM offers a range of trading account types to suit the needs of different traders. The XM Zero Account is a popular choice among traders who want to trade with tight spreads and no commissions. With its low spreads, fast execution speeds, and access to a wide range of trading instruments, the XM Zero Account is a great option for traders who want to minimize their trading costs.
XM Trading Instruments
XM trading offers a wide range of trading instruments for its clients. The following sub-sections detail the different types of trading instruments that are available on the XM trading platform.
Forex Trading
Forex trading is the most popular trading instrument on XM trading. With over 50 global currency pairs, traders can take advantage of the fluctuations in the forex market to make a profit. Some of the major currency pairs available on XM trading include EURUSD, USDJPY, EURJPY, GBPJPY, and EURGBP.
CFD Trading
CFD trading on XM trading allows traders to speculate on the price movements of underlying financial assets. CFD trading is available on various instruments, including stock indices, metals, energies, and commodities.
Stock Indices
XM trading offers CFD trading on major global stock indices, including the S&P 500, NASDAQ, DAX, and FTSE 100.
Metals
XM trading allows traders to trade CFDs on precious metals, including gold, silver, platinum, and palladium. These metals are popular among traders as they are seen as a safe haven asset during times of economic uncertainty.
Energies
Traders can also trade CFDs on energies, including crude oil and natural gas. These instruments are highly volatile and can provide traders with excellent trading opportunities.
Commodities
XM trading offers CFD trading on a range of agricultural commodities, including corn, wheat, and soybeans.
Currency Pairs
In addition to the major currency pairs, XM trading also offers CFD trading on exotic currency pairs, including the USDZAR, EURTRY, and USDTHB.
EURUSD
EURUSD is the most traded currency pair on XM trading. Traders can take advantage of the fluctuations in the EURUSD pair to make a profit.
USDJPY
USDJPY is another popular currency pair on XM trading. Traders can take advantage of the fluctuations in the USDJPY pair to make a profit.
EURJPY
EURJPY is a popular cross-currency pair on XM trading. Traders can take advantage of the fluctuations in the EURJPY pair to make a profit.
GBPJPY
GBPJPY is another popular cross-currency pair on XM trading. Traders can take advantage of the fluctuations in the GBPJPY pair to make a profit.
EURGBP
EURGBP is a popular cross-currency pair on XM trading. Traders can take advantage of the fluctuations in the EURGBP pair to make a profit.
Stocks
XM trading offers CFD trading on a range of global stocks, including Apple, Amazon, and Facebook.
Gold
Gold is a popular precious metal among traders, and XM trading offers CFD trading on gold.
Oil
XM trading allows traders to trade CFDs on crude oil, which is a highly volatile instrument that can provide traders with excellent trading opportunities.
XM Trading Conditions
When it comes to trading conditions, XM offers a range of flexible options that can match the needs of both novice and experienced traders. Here’s a breakdown of what you can expect:
Spreads
XM offers some of the most competitive spreads in the industry, starting from as low as 0.0 pips on major currency pairs. This means that you can trade with tight spreads, which can help you maximize your profits. Additionally, XM offers fixed and variable spreads, so you can choose the type of spread that suits your trading style.
Commission
XM does not charge any commission on its Ultra Low Micro and Ultra Low Standard Accounts. However, if you opt for an XM Zero Account, you will be charged a commission of $3.5 per $100,000 traded. This is a relatively low commission compared to other brokers in the industry.
Trading Opportunities
XM offers a range of over 50 currency pairs and CFDs on precious metals, energies, equity indices, and individual stocks. This means that you can trade a variety of assets, which can help you diversify your portfolio. Additionally, XM offers access to the MT4 and MT5 platforms, which are some of the most popular trading platforms in the industry.
In addition to the above, XM also offers a no rejection of orders policy, which means that your trades will be executed without any re-quotes. Furthermore, XM offers negative balance protection, which means that you cannot lose more than your account balance.
Overall, XM offers some of the most competitive trading conditions in the industry. Whether you are a novice or an experienced trader, XM has something to offer.
XM Regulation and Security
XM Trading is a regulated online broker that is authorized and regulated by several financial regulatory bodies. This ensures that the broker operates in a transparent and fair manner, and that clients’ funds are protected.
Regulated
XM Trading is regulated by multiple regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC), the Belize Financial Services Commission (FSC), and the Seychelles Financial Services Authority (FSA).
Cyprus
Trading Point of Financial Instruments Ltd, which operates under the XM Trading brand, is regulated by CySEC under license number 120/10. This license allows the company to provide investment and ancillary services in Cyprus and throughout the European Union.
Belize
XM Global Limited, which is a subsidiary of the Trading Point Group, is authorized and regulated by the FSC under license number 000261309. This license enables the company to offer trading services to clients worldwide.
Seychelles Financial Services Authority
XM Trading is also regulated by the FSA in Seychelles. The company holds a Securities Dealer’s License and an Investment Dealer’s License, which allows it to offer trading services in the Seychelles.
Financial Services Commission
XM Trading is authorized and regulated by the FSC in Mauritius. This license allows the company to provide investment services to clients in Mauritius and other countries.
Privacy Policy
XM Trading has a comprehensive Privacy Policy that outlines how it collects, uses, and protects clients’ personal information. The policy is in compliance with the General Data Protection Regulation (GDPR) and other relevant laws and regulations.
Cookie Policy
XM Trading’s Cookie Policy outlines how the company uses cookies to improve clients’ experience on its website. The policy is in compliance with the GDPR and other relevant laws and regulations.
Terms and Conditions
XM Trading’s Terms and Conditions outline the rights and obligations of both the company and its clients. The terms cover areas such as account opening, trading, deposits and withdrawals, and termination of services.
In summary, XM Trading is a regulated online broker that is authorized and regulated by multiple regulatory bodies. The company’s licenses and policies ensure that clients’ funds and personal information are protected, and that the company operates in a transparent and fair manner.
XM Customer Support
XM provides professional and prompt customer support 24/5 via live chat, email, or telephone. The support team is knowledgeable and can assist you with any issue related to your account, trading platform, or any other aspect of trading.
Login
If you are having trouble logging into your account, the XM customer support team can assist you. They can help you reset your password or provide you with any other assistance you need to log in successfully.
Deposits
XM offers a variety of deposit options, including credit/debit cards, bank transfers, and e-wallets. If you encounter any issues while depositing funds into your account, the customer support team can help you resolve the issue promptly.
Withdrawals
Withdrawing funds from your XM account is a straightforward process. If you encounter any issues while withdrawing funds, the customer support team can help you resolve the issue promptly. They can also assist you in verifying your account, which is necessary before you can withdraw funds.
Withdrawals
Withdrawing funds from your XM account is a straightforward process. If you encounter any issues while withdrawing funds, the customer support team can help you resolve the issue promptly. They can also assist you in verifying your account, which is necessary before you can withdraw funds.
Overall, XM customer support is excellent, and you can rely on them to assist you with any issue related to your account or trading.
XM Research and Education
XM is a forex trading platform that offers a wide range of educational resources and research materials to help traders improve their skills and knowledge. The platform’s research and education center provides daily updates on all major trading sessions along with multiple daily briefings on all critical market events that shape the global markets.
Technical Analysis
One of the key areas of focus in XM’s research and education center is technical analysis. Technical analysis is the study of past market data, primarily price and volume, to identify patterns and make predictions about future market movements. XM offers a range of technical analysis tools and resources to help traders understand and apply this approach to their trading strategies.
XM’s technical analysis resources include a comprehensive set of technical indicators, charting tools, and other analysis tools that traders can use to identify trends, support and resistance levels, and other key market factors. In addition, the platform offers regular webinars and educational materials on technical analysis, including tutorials on how to use specific tools and strategies.
Overall, XM’s research and education center is a valuable resource for traders looking to improve their skills and knowledge in the forex market. Whether you are a beginner or an experienced trader, the platform’s educational resources and research materials can help you develop a deeper understanding of the market and improve your trading strategies.
XM Awards and Recognition
XM Trading has been recognized for its quality financial services, innovative trading platforms, superior execution, and client-centered support. The company has received numerous accolades and awards for its outstanding performance in the industry. Here are some of the most significant awards won by XM Trading:
- 2021 Ultimate Fintech Awards: XM Trading was named the winner of the Best Trading Experience award at the 2021 Ultimate Fintech Awards. This award recognizes the dedication and support provided by XM Trading to its clients. The company’s commitment to providing the best trading experience to its clients has earned it several prestigious awards in a row this year.
- 2020 Global Forex Awards: XM Trading was recognized as one of the best-performing forex brokers globally and regionally at the Global Forex Awards 2020. The company’s best-in-class trading technology, low-cost trading conditions, and complete set of advanced and user-friendly trading tools have helped it serve more than 3.5 million clients in 196 countries.
- 2019 World Finance Forex Awards: XM Trading was named the Best FX Broker in Europe at the 2019 World Finance Forex Awards. The company’s excellent customer service, innovative trading platforms, and competitive trading conditions were the key factors that led to the award.
- 2018 Forex Broker of the Year: XM Trading was named the Forex Broker of the Year at the 2018 World Finance Forex Awards. The company’s commitment to providing exceptional customer service, superior execution, and competitive trading conditions helped it win the award.
XM Trading’s commitment to providing the best trading experience to its clients has earned it several prestigious awards over the years. The company’s innovative trading platforms, superior execution, and client-centered support have helped it become one of the best-performing forex brokers globally.
XM Leverage
XM trading offers flexible leverage from 1:1 up to 1000:1, allowing traders to maximize their potential return on investment. Leverage is the investment strategy that consists of using borrowed money to increase the potential return of any investment. In the context of trading, leverage allows traders to control a larger position with a smaller amount of capital.
While leverage can increase potential profits, it can also increase potential losses. Traders should be aware of the risks associated with leverage and use it wisely. XM trading offers negative balance protection, which means that traders cannot lose more than their account balance.
XM trading’s leverage conditions are subject to change, and the maximum leverage was updated to 1:1000 in June 2022. The amount of leverage available to traders depends on the asset being traded. For example, the leverage available for forex trading is different from the leverage available for cryptocurrency trading.
XM trading’s margin requirements also vary depending on the asset being traded and the amount of leverage used. Margin is the amount of collateral required to cover any credit risks arising during trading operations. Traders should ensure that they have sufficient margin to cover their positions and avoid margin calls.
In summary, XM trading offers flexible leverage from 1:1 up to 1000:1, allowing traders to maximize their potential return on investment. However, traders should be aware of the risks associated with leverage and use it wisely. XM trading offers negative balance protection and margin requirements that vary depending on the asset being traded and the amount of leverage used.
XM Traders’ Community
XM Trading has a vibrant community of traders who share their experiences, insights, and strategies with each other. This community is an excellent resource for both novice and experienced traders who want to learn and grow their trading skills.
XM Trading offers several ways for traders to connect with each other, including social media platforms like Facebook, Twitter, Instagram, and LinkedIn. They also have a dedicated forum where traders can post questions, share trading ideas, and discuss market trends.
The XM Trading community is a diverse group of traders from all over the world, with different backgrounds, experiences, and trading styles. This diversity is one of the strengths of the community, as traders can learn from each other and gain new perspectives on the markets.
Traders can also benefit from XM Trading’s educational resources, which include webinars, seminars, and video tutorials. These resources cover a wide range of topics, including technical analysis, fundamental analysis, risk management, and trading psychology.
In addition to the educational resources, XM Trading also offers a range of trading tools and features that can help traders improve their performance. These include advanced charting tools, economic calendars, market news, and trading signals.
Overall, the XM Trading community is a valuable resource for traders who want to improve their skills and connect with like-minded individuals. Whether you are a beginner or an experienced trader, there is something for everyone in this community.
XM Company Information
XM is a trading name of Trading Point of Financial Instruments Ltd, a Cyprus-based financial services provider that was founded in 2009. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 120/10.
Steliou Mavrommati is the CEO of Trading Point of Financial Instruments Ltd. The company has partnered with Visa to offer its clients a range of payment options. Fintrade Limited is a subsidiary of Trading Point of Financial Instruments Ltd, and is registered with the Mauritius Financial Services Commission. TPS Management Limited is another subsidiary, and is based in Nicosia, Cyprus.
XM is authorized to operate in several countries, including Albania, The Bahamas, Barbados, Botswana, Cambodia, Ghana, Jamaica, Mauritius, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, Zimbabwe, Philippines, Turkey, Jordan, Afghanistan, Anguilla, and Vanuatu.
In addition to these countries, XM is also authorized to operate in the United States of America, Canada, and EU countries. However, XM does not accept clients from Iran or North Korea.
XMTrading is the trading platform offered by Trading Point of Financial Instruments Ltd. The platform is known for its reliability and user-friendly interface, and allows traders to access a wide range of financial instruments, including forex, commodities, and CFDs.
Overall, Trading Point of Financial Instruments Ltd and XM have a strong reputation in the industry, and are known for their reliability and transparency.
Frequently Asked Questions
How do I create a real account with XM?
To create a real account with XM, you need to visit their website and click on the “Open an Account” button. You will be directed to a page where you will be required to fill in your personal information. After that, you will need to verify your account by providing some identification documents, such as a passport or driver’s license. Once your account is verified, you can start trading with XM.
What are the fees for trading with XM?
The fees for trading with XM depend on the type of account you have. XM offers three types of accounts: Micro, Standard, and XM Ultra Low. The Micro account has no commission and a spread as low as 1 pip. The Standard account has no commission and a spread as low as 0.6 pips. The XM Ultra Low account has a commission of $5 per lot and a spread as low as 0.6 pips.
What is the minimum deposit required to start trading with XM?
The minimum deposit required to start trading with XM depends on the type of account you have. The Micro account has a minimum deposit of $5, the Standard account has a minimum deposit of $50, and the XM Ultra Low account has a minimum deposit of $50.
Can I trade on XM using TradingView?
Yes, you can trade on XM using TradingView. XM offers TradingView as one of the trading platforms available for its clients.
Is XM a legitimate broker?
Yes, XM is a legitimate broker. It is regulated by several financial regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. XM has been in the industry for over a decade and has a large client base of over 3 million traders worldwide.
How do I become a partner and login to XM?
To become a partner with XM, you need to visit their website and click on the “Partners” tab. You will be directed to a page where you can read about the different partnership programs available with XM. To log in to your XM partner account, you need to visit the XM Partners website and enter your login credentials.
