In this XM com review, we’ll go through the pros and cons of this broker. The broker is well-regulated with multiple licenses and a good reputation for providing fair and transparent trading conditions. Plus, they have great customer service in 18 languages and are available in virtually all countries. We also like the XM Ultra Low account, which is available at the lowest overall fee.
The XM ULTRA LOW account allows you to trade micro or standard lots, and has lower spreads, starting at 0.6 pips. You can open a Micro Account for as little as five dollars, or a standard account for as much as one hundred dollars. The minimum deposit amount will vary, depending on the payment method you choose and the status of your trading account.
XM is an online trading platform with 1.5 million members and advanced trading solutions. They cater to both new and experienced traders alike, and their website offers many educational tools and webinars. In addition to the trading tools, XM supports webinars and research materials that allow traders in different countries to interact and share ideas.
XM offers 16 different trading platforms, including MetaTrader. These platforms support market, limit, stop, and trailing orders. And since they are all directly accessible from one account, they help speed up the trading process. XM also offers a $ 30 welcome bonus for new clients. The bonus will vary based on your location, so make sure to check before signing up.
Another great thing about XM is that their spreads are adjustable. This means that you can trade with as little as 0.2 pips per lot. In addition, XM does not impose limits on trades during news releases. You can also trade with a fixed-spread account, which is more flexible for different trading strategies. In addition, the spreads are all inclusive, meaning you won’t have to worry about hidden fees or non-trading costs.