IB XM Forex Malaysia is one of the most popular and reliable online forex brokers in Malaysia. It provides you with a wide range of services to help you make money trading forex. You can deposit and withdraw funds with the click of a button. You can deposit with a variety of kaedah and pay with different methods. The broker handles the process automatically and efficiently.
XM Forex Malaysia has been around since 2007 and is a regulated forex broker in the country. It recently held a seminar in South Africa. It offers a wide variety of forex education as well. The governing bodies of the company include Cysec and the Bank Negara Malaysia.
XM has a global presence and has over 5 million clients. It claims to have processed over 2.4 billion transactions without a single rejection. With 450 global employees, XM strives to be a fair broker for every client. Customers are also able to chat with customer service representatives in many languages.
IB XM Forex Malaysia is regulated by the CySEC, and is a member of the Investor Compensation Scheme. This scheme ensures that customers are compensated in the event of a brokerage firm’s bankruptcy or inability to make repayments. The firm also has a strict set of compliance guidelines. Their website boasts that 2.4 billion trades have been conducted without rejection or re-quotes.
IB XM Malaysia’s platform is available for trading in more than 90 currency pairs. This is more than twice as many as the XM Group. However, it is not possible to access all trading platforms through this broker. This means that you may have to choose a different platform for trading.
IB XM Malaysia offers an excellent affiliate program that can generate an extra income. By referring new clients to the XM broker, you can earn up to $25 per lot of trading done by your referred clients. In addition to this, you are able to receive money transfers between your IB account and the client’s trading account without paying any fees. This gives you the opportunity to earn unlimited amounts.
The XM company also provides great introductory broker conditions. Its partners are rewarded well and the company will put every effort to make your partnership a success. The best part is, the XM partnership program is completely free of risk and entry fee. The company will train you and provide you with the necessary tools to be a profitable affiliate.