XM is a global broker that offers services in 196 different countries. Its services include market research and education, and MetaTrader 4 and MetaTrader 5 platforms. The company is well regulated, and its customer service representatives speak over 30 languages. It has a substantial client base and a long track record of delivering high-quality services and tight spreads. The company also strives to establish a personal connection with its clients. The company’s management visits over 120 cities around the globe to meet with clients and provide ongoing support.
In order to open a demo account with XM, you’ll have to verify your email address. You’ll also need to provide a residential address. XM also requires you to verify your identity by providing official identification documents. Once you’ve verified your identity, you can open an account and begin trading.
XM’s trading platform is easy to use. Its user-friendly interface and responsive design makes it a great choice for mobile traders. You can receive email or mobile push notifications of new trades through a mobile app or email. The desktop trading platform offers one-step authentication, while the mobile app requires two-step authentication to access deposit and withdrawal functions. Unfortunately, XM does not offer Face ID or fingerprint authentication. The mobile app allows you to search by category folders, and uses the same order types and time limits.
XM is available to traders in most countries, but there are some exceptions. For example, the company does not accept traders from the US, Canada, Israel, Iran, or Argentina. Its platform allows traders to trade over 55 currency pairs. It doesn’t offer binary options or futures, but it does have a large selection of stock CFDs.
Another important feature is that you can track the performance of many currencies. Its market-moving algorithm has a history of tracking market trends and signals, and it is constantly being updated. This ensures that your trading decisions are based on accurate data. This is a powerful feature for any trader.
XM also offers educational videos for traders. The videos are split into beginner, intermediate, and advanced levels and cover everything from technical analysis to money management. The site also offers live chat and telephone support. Its customer support agents are available 24 hours a day. They answer questions quickly and courteously.
The platform also offers margin monitoring for its clients. It also provides a wide range of technical tools and an excellent economic calendar. In addition to its high-quality market analysis, XM also offers a comprehensive economic calendar and a wealth of trading ideas. Unlike some brokers, XM offers transparent swap rates, making it easy for traders to manage their risk. XM offers a variety of currency pairs.
The XM broker group has a presence in more than 200 countries. Its head office is based in Cyprus. Other locations include Athens, Sydney, and Limassol. In addition, it is regulated in the United Kingdom by the Financial Conduct Authority (FCA).