Forex Review – XM Forex Broker

forex review xm

XM is a regulated market maker broker that offers over 1000 instruments, including 57 Forex pairs. Its spreads are low, at just 1.7 pips on its Standard Account, and 0.8 pips on its Ultra-Low Account. The company also offers low minimum deposits and a variety of trading platforms. Its customer support is top-notch, too. It’s regulated in Europe by CySEC, and has received multiple international awards.

XM provides in-depth market news via Reuters. They also feature articles from their in-house research team, including technical analysis and market comment. You can also sign up for free webinars to learn more about the financial markets. They also offer free MT4 and MT5 tutorials to help you learn more about the currency markets.

XM provides many educational resources to its clients, including webinars and hundreds of seminars held around the world. Their webinars are available seven days a week in 19 languages. Their customer support team is very responsive, and they answer questions quickly. They are also well-trained and can answer any questions you have.

XM offers several types of accounts, including micro, standard, and advanced. Each account has the same access to MT4, which means you can trade on any currency that you’d like. In addition, XM offers free technical analysis, market news, and intra-day market updates. You can also get access to a Personal Account Manager to help you set up a successful trading strategy.

XM is regulated by ASIC in Australia and the FCA in the UK. It is also registered for outward passporting to the FCA. It has extensive experience in the global financial markets and offers superior services. Its trading platform features over 57 Forex pairs. It has recently expanded into cryptocurrency trading.

XM is available in various platforms, including the popular MetaTrader 4 platform. Its award-winning MetaTrader 4 platform is flexible enough to accommodate different trading needs. The company also provides access to Expert Advisors for its clients. Beginners should start with a paper trading demo account before transferring money into full-service accounts. This is the best way to learn how to trade. However, full-service accounts should not be opened until you have been consistently making profitable trades on the demo account.

XM trade’s service has earned it numerous awards in the industry and is highly reliable. Its support staff is available 24/7 and speaks over 14 languages. Its technical support team is dedicated to answering your trading questions. They also strive to provide excellent customer service. This company has been a favorite among forex traders. Its fees are low, and the company offers a free demo account. You can also receive educational materials that will help you learn how to trade forex.

XM offers a risk-free environment. This means no hidden fees or commissions. Instead, you only pay a small spread per trade. This can be as low as 1 pip, depending on the instrument you’re trading. It’s also possible to use local bank transfers, which are available in fifty-eight countries and currencies.

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With over 5,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader.

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