XM is one of the most well-known forex brokers in the world, and it’s also regulated in several jurisdictions. It has two licenses, one from CySEC and another from the Belize regulator, which allows it to offer services in various parts of the world. In addition, XM has many regulatory guidelines in place that help protect the client’s funds and ensure quality trading services.
XM’s pricing is competitive, and it offers four different types of accounts. There are commission-free accounts, micro accounts, and standard accounts. Their accounts come with low spreads, starting at 0 pips. You can deposit money with credit cards, wire transfer services, or local banks. XM charges only a small percentage of the trades you make, so you’ll have less to worry about.
XM also offers high leverage – up to 888:1, which allows you to trade with large amounts for small deposits. It also offers plenty of bonuses, including a no-deposit bonus, as well as a 50% bonus on deposit. As a bonus, XM also offers useful news updates.
XM also offers over 1,000 trading instruments. They support MetaTrader 4 and MetaTrader 5 platforms, and are available for Windows, Mac, Android, and Web. They also provide one-click trading, which is a simple, one-step process that speeds up the order-processing process. And because XM offers their platform on Mac and PC, you can trade on the go.
In addition to low fees, XM offers low spreads on major currencies, starting as low as 0.6 pips. XM is regulated in a number of European countries, and offers many other benefits, such as market analysis and trading signals. Their services are reliable and secure, and you can rest assured that your money is secure and safe.
XM is one of the most trusted Forex brokers online. It has over five million clients and operates in 190 countries. It offers a variety of trading assets, including CFDs on stocks, indices, and commodities. The company holds several licenses from around the world. It has an office in the UK and is registered in Australia and Cyprus.
XM offers free educational material and features in several languages. The educational materials include market news, fundamental analysis, and technical analysis. It also offers free videos and webinars. It also has a dedicated support staff and provides live chat support. The support desk staff speaks multiple languages and is available 24 hours a day.
XM also provides commission-free Forex fees. Its Ultra-Low Standard Account has a spread of as little as 0.6 pips per 1.0 standard lot. This is lower than the average of 0.8 pips in the industry. XM also offers a Zero account with zero spreads.
Another notable feature of XM is their negative balance protection. This feature is important for traders who use leverage in their trading. Since high leverage increases risks, negative balance protection prevents traders from losing more than they can afford to lose. When a trader’s account balance reaches negative territory, XM automatically closes all open positions.