Bitcoin XM Forex is a popular online currency trading service that has been around for some time. It is owned and operated by Octa Markets Cyprus Ltd., which is regulated by CySEC. It provides clients with access to an array of trading tools, including MT4 financial trading software.
The company’s main purpose is to provide investors and spekulants with a fast, efficient, and secure trading platform. It also enables its clients to access a range of additional tools, including Market Watch modules. Traders can use these tools to create their own customized reports. These reports can help them make informed decisions about their portfolios.
The cryptocurrency market has seen rapid growth and widespread adoption. As a result, more national and regional authorities have begun grappling with how to regulate it. The rapid growth of the crypto-market has made some authorities fearful of forex brokers that offer cryptocurrency. The concern stems primarily from the lack of a central regulatory authority to ensure the integrity of the market.
The XM platform offers low spreads on a number of assets. It also offers a wide variety of account types with no minimum deposit or withdrawal fee. In addition, the company has an informative news section and provides educational materials for traders. And unlike many forex brokers, the company offers no hidden fees or commissions.
XM also provides regular educational videos for beginners and experienced traders. The videos cover topics such as the basics of the financial market, technical and fundamental analysis, money management, and trading strategies. Furthermore, XM also offers live chat support and telephone assistance for any queries. These services are available around the clock.
Withdrawal times differ between countries. Withdrawals by e-wallet take a day to process, while payments via bank wire or credit/debit card take two to five business days. However, depending on the destination country, they can take longer. For instance, bank wire transfers to EU countries can take up to five days.
XM is a global broker, with clients in more than 180 countries. It has executed over 1.4 billion trades with zero rejections. It has representatives in 120 cities around the world. This ensures that XM is legitimate and safe. The company is regulated by CySec.
