Download the MT5 Trading Platform to Start Investing

Thiago Eleocadio
19 de dezembro de 2024
Forex Trading
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Even better, the platform provides the option to show a simple dashboard while trading to help you monitor their margin and cope with risk exposure in a real-time manner. You can observe both used and free margins, which will combine as the equity in your portfolio. The free margin is the quantity you still have in your trading account, while the used margin will refer to how much money you need to have for a transaction.

Rely on Award-Winning Support

They offer both MetaTrader 4 and MetaTrader 5 and they have tweaked them slightly to suit the specific needs of their users. XM always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals. They offer more than 30 language options for their users and they cater for any and all levels of trader. One of the recent awards they have received is being named as the best FX broker in Europe in 2018 by the World Finance Magazine. Every client, regardless of account size, gets access to the same excellent trading conditions.

All accounts offer negative balance protection, hedging and Islamic option as standard. If the currency you deposit into your account is not USD, the amount shown is the equivalent in the deposit currency. For me, the best advantage is that XM gives me really favorable trading conditions. As a beginner, it’s generally advisable to start with assets that are more straightforward and easier to understand. First, Forex (foreign exchange) is often considered a good starting point for beginners due to its simplicity and the availability of educational resources.

Trading

XM also places high value to connect clients as humanly as possible. To deliver such interactions, XM Broker frequently hosts seminars around the world. They have already hosted hundreds of workshops which is intended to give clients the necessary skills and knowledge to make improved trading decisions. This is accomplished by always keeping watch and adapt to the latest technologies and industry trends.

Watch educational videos every weekday and upgrade your trading skills.
For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
All in all, XM is a recommended broker especially if you are looking for an ideal broker with low minimum deposit requirements.
XM Broker provides 24-hour phone, email, or online chat customer service from Monday to Friday in 30 different languages.
I don’t have a big money, so I need a huge leverage and mini account.

Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. XM was first started back in 2009 in London and now they have an offering of more than 400 different instruments. You demand the best trading experience; our awards reflect our desire to provide it.

Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip. You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise. There are no withdrawal fees with create cards, However, there is a $15 per withdrawal for bank transfers below $200.

The Disadvantages of Forex Trading with XM

Currency pairs are a common choice, and you can gradually expand to other assets as you gain experience. Hi, Im a newbie who loves to open position in EUR/USD as daily trader. I don’t have a big money, so I need a huge leverage and mini account.

Everyone who chooses XM has the same opportunity to pursue their investment goals. Regulated with ASIC (Australia), CySEC (Cyprus), IFSC (Belize), DFSA (United Arab Emirates). The money that is funded to XM is placed into a segregated bank account at a tier 1 bank. Start trading on one of the best multi-asset platforms in the industry and leverage the power of a global broker. Reduce your costs with low spreads and even lower swap fees and commissions.

XM broker is established under the XM Global Limited, which is part of the XM Group financial company. XM is founded in 2009 as an online broker and trading platform service that offers a wide ion of accounts with a low minimum deposit, designed to attract every trader across the globe. The XM group itself is an industry leader with 2.5 million clients from 196 different countries. In recent years, XM expanded its service into an online multi-asset forex broker including over a thousand CFDs and 57 currency pairs as tradable assets. To open a Micro account, traders have to make a minimum deposit of $5. Traders who prefer the Shariah account can also choose to open an Islamic account type as well.

They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service. There is a library of free educational materials for XM users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.

To protect customers’ funds, XM also features a stop-out level mechanism. The stop-out level is set so that when the equity level reaches a certain point, it will automatically close the clients’ floating positions. All retail clients with XM Ultra-Low Accounts, Micro Accounts, or Standard Accounts have a stop-out level of 20%.

Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that is instructed by 16 global experts. They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be. The Micro account is best suited to beginners, with the standard account being ideal for flexible traders.

More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature. In total, https://traderoom.info/is-xm-a-brokerage-we-can-trust/ there are 356 different CFDs offered by XM, with five of these being cryptocurrency CFDs. There are 57 currency pairs on offer and they don’t offer any ETF products. XM Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research.