Forex Peace Army XM is an online trading system that has helped thousands of people earn money trading foreign currency. It uses a combination of indicators and automated trading software to generate profits. The software is designed to help beginners and advanced traders alike, and it includes a free demo account. Its main benefit is its simplicity. Anyone can download it and start trading in a matter of minutes.
The platform is also known as Chu Hui Ru Jin Shi Xian Ding de. It has received positive reviews and is recommended for forex beginners. In addition to being simple to use, the platform is also known for its unique trading strategy. It is the only trading platform that combines the iFOREX trading system with the Yin and Yang principles.
Before using XM, it is important to understand the rules and regulations surrounding the site. This way, you can make an informed decision about its risks and rewards. The company is regulated by the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, and the International Financial Services Commission. It offers many trading tools, including automated trading robots and unlimited use of charts.
XM has been around since 2009 and has gained a worldwide following. With staff that speaks 30 different languages, it can cater to the needs of its clients from over 196 countries. It has also opened an authorized branch in Cyprus where it is regulated by CySEC. Its global reach is further bolstered by its branch in Dubai and the MENA region.
XM has a low minimum deposit requirement and offers multiple payment methods to traders. Moreover, the company has introduced a local bank transfer option, eliminating conversion charges. Withdrawals from XM Zero accounts are instant, while withdrawals from Standard and Micro accounts take 24 hours. All withdrawals above 200$ are processed by wire transfer.
XM also offers live educational videos, Forex Webinars, and Forex Seminars across the world. Their videos and tutorials are very well organized. The website also provides forex research tools to help its users make smarter decisions. XM also provides fundamental and technical analysis. This is a great platform for beginners to learn forex.
The XM accounting team processes withdrawal requests quickly. Depending on your location, they may take up to three business days to process. However, withdrawals from XM can take longer, depending on the payment method chosen. XM also covers all wire transfer fees. This is an excellent feature of this software, and most investors will find it beneficial.