XM is a broker that offers both a real account and a demo account. A demo account requires no verification and opens within ten minutes. It allows you to use the platform and most of the tools. A real account requires registration and verification. The company sends the required data via email.
This broker offers a wide variety of trading options and low spreads. It offers stocks from 17 countries. It also offers commodities. It also charges no stock exchange fees. XM also offers a variety of withdrawal methods, including credit card and bank wire. It also has advisors that can help you with your trading. It encourages its users to use its high-quality analytics to maximize profits.
As for the spreads, XM has a spread that is as low as zero pips in some of the most popular markets. The broker also offers a full guarantee of requote. This means that even if your trading plan expires, you won’t lose money.
XM has won many awards in the forex industry and offers customer service in multiple languages. It also offers a demo account. Its professional support staff is available 24 hours a day. The company also offers education programs and seminars to help its customers improve their trading skills. The company is one of the oldest brokers in the industry and is recognized by the Cyprus Securities Commission.
XM Group Forex broker offers 60 currency pairs to its clients. To open an account with this broker, you must deposit at least 5 dollars. There are four types of accounts available, including a demo account. XM Group also offers free intraday market updates and technical analysis, multilingual customer support, and Personal Account Managers. XM Group also offers a demo account to those who are not ready to invest big money yet.
XM also offers webinars and educational seminars. There are many webinars and seminars that you can attend to learn more about trading. And XM has a lot of features that will help you grow as a forex trader. You can choose from a demo account or a real live account to practice with your trading skills.
As far as regulatory authority is concerned, XM is fully regulated by the Financial Conduct Authority (FCA) in the UK and the Securities and Investments Commission of Australia. The company is also a member of the Cyprus Securities and Exchange Commission and the International Financial Services Commission. This means that it has the requisite approvals to protect your funds and reputation. Its platform is a good choice for beginners, but be sure to research before signing up with a forex broker.